ICICI Bank (NYSE:IBN) is a private-sector banking and financial services company headquartered in Mumbai, India. The bank provides a broad range of services to retail customers, businesses, institutions and government entities, including savings and current accounts, deposits, personal and business loans, mortgages, credit cards, payments, investment services and wealth management.
Through its corporate and institutional banking operations, ICICI Bank offers working-capital finance, term lending, trade finance, cash-management services, foreign-exchange services, capital-market solutions and other banking products. Its digital platforms support online and mobile banking, payments and customer service, while its treasury operations manage foreign exchange, investments and related financial activities.
ICICI Bank traces its origins to the Industrial Credit and Investment Corporation of India, which was established in 1955 to support industrial development. ICICI Bank was incorporated in 1994 and has since developed into a universal bank serving customers primarily across India. The group also has an international presence, including operations and representative activities in selected markets such as the United Kingdom and Canada, subject to applicable local regulations.
The bank is led by Sandeep Bakhshi, who serves as managing director and chief executive officer. ICICI Bank’s American depositary shares trade on the New York Stock Exchange under the symbol IBN, while its equity shares are listed in India.
