answersLogoWhite

0


Best Answer

Industrial Credit and Investment Corporation of India

User Avatar

Wiki User

16y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

9y ago

ICICI Bank is an Indian multinational banking and financial services company headquartered in Vadodara. As of 2014 it is the second largest bank in India.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Expansion of ICICI
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Movies & Television

What is the expansion of icici?

Industrial Credit and Investment Corporation of India


What is the population of ICICI Lombard?

ICICI Lombard's population is 2,010.


Where is icici bank in Melbourne?

i want to know the address of ICICI BANK in melbourne


What is the address for ICICI Bank?

"What is the address for ICICI Bank?" "What is the address for ICICI Bank?" what is the email addres of icici bank collections department in Delhi ? what is the email addres of icici bank collections department in Mumbai?


History of icici bank in detail?

* 1955 The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated at the initiative of World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. * 1994 ICICI established Banking Corporation as a banking subsidiary.formerly Industrial Credit and Investment Corporation of India. Later, ICICI Banking Corporation was renamed as 'ICICI Bank Limited'. ICICI founded a separate legal entity, ICICI Bank, to undertake normal banking operations - taking deposits, credit cards, car loans etc. * 2001 ICICI acquired Bank of Madura (est. 1943). Bank of Madura was a Chettiar bank, and had acquired Chettinad Mercantile Bank (est. 1933) and Illanji Bank (established 1904) in the 1960s. * 2002 The Boards of Directors of ICICI and ICICI Bank approved the reverse merger of ICICI, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, into ICICI Bank. After receiving all necessary regulatory approvals, ICICI integrated the group's financing and banking operations, both wholesale and retail, into a single entity. Also in 2002, ICICI Bank bought the Shimla and Darjeeling branches that Standard Chartered Bank had inherited when it acquired Grindlays Bank. ICICI started its international expansion by opening representative offices in New York and London. * 2003 ICICI opened subsidiaries in Canada and the United Kingdom (UK), and in the UK it established an alliance with Lloyds TSB. It also opened an Offshore Banking Unit (OBU) in Singapore and representative offices in Dubai and Shanghai. * 2004 ICICI opens a rep office in Bangladesh to tap the extensive trade between that country, India and South Africa. * 2005 ICICI acquired Investitsionno-Kreditny Bank (IKB), a Russia bank with about US$4mn in assets, head office in Balabanovo in the Kaluga region, and with a branch in Moscow. ICICI renamed the bank ICICI Bank Eurasia. Also, ICICI established a branch in Dubai International Financial Centre and in Hong Kong. * 2006 ICICI Bank UK opened a branch in Antwerp, in Belgium. ICICI opened representative offices in Bangkok, Jakarta, and Kuala Lumpur. * 2007 ICICI amalgamated Sangli Bank, which was headquartered in Sangli, in Maharashtra State, and which had 158 branches in Maharashtra and another 31 in Karnataka State. Sangli Bank had been founded in 1916 and was particularly strong in rural areas. ICICI also received permission from the government of Qatar to open a branch in Doha. ICICI Bank Eurasia opened a second branch, this time in St. Petersburg. * 2008 The US Federal Reserve permitted ICICI to convert its representative office in New York into a branch. ICICI also established a branch in Frankfurt.

Related questions

What is expansion of 'ICICI'?

Industrial Credit Investment Corporation of India


What is the expansion of icici?

Industrial Credit and Investment Corporation of India


How many digits in icici?

None. icici is not a number.


Check icici bank account balance through mobile phone?

my account is icici bank icici is a very


When was ICICI Lombard created?

ICICI Lombard was created in 2001.


What is ICICI Lombard's population?

The population of ICICI Lombard is 4,634.


When was ICICI Bank created?

ICICI Bank was created in 1955.


What is ICICI Bank's population?

The population of ICICI Bank is 79,978.


What is the population of ICICI Lombard?

ICICI Lombard's population is 2,010.


Who started icici bank?

The Icici Bank was started by ICICI Limited. They are a financial institution based out of India. This company was founded in 1994.


WHAT is ICICI?

ICICI stands for Industrial Credit and Investment Corporation of India


What is the address for ICICI Bank?

"What is the address for ICICI Bank?" "What is the address for ICICI Bank?" what is the email addres of icici bank collections department in Delhi ? what is the email addres of icici bank collections department in Mumbai?