ICICI Bank IS the full form.
ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI's shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI Bank's acquisition of Bank of Madura Limited in an all-stock amalgamation in fiscal 2001, and secondary market sales by ICICI to institutional investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified financial services group offering a wide variety of products and services, both directly and through a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI become the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE.
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2007-01-08 22:15:33
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answer #1
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answered by jan 7
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ICICI= Industrial Credit and Investment Corporation of India.
2007-01-09 06:17:39
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answer #2
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answered by hot_ice 2
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ICICI Bank - Industrial Credit and Investment Corporation of India.
It is India's largest private bank.
Some more info regarding this bank is;
Type: Private
BSE & NSE:ICICI, NYSE: IBN
Founded: 1955 (as Industrial Credit and Investment Corporation of India)
Headquarters:
ICICI Bank Ltd.,
ICICI Bank Towers,
Bandra Kurla,
Mumbai India
Key people: N Vaghul, K.V.Kamath, Nachiket Mor, Chanda Kochhar
Industry: Banking
Insurance
Capital Markets and allied industries
Products: Loans, Credit Cards, Savings, Investment vehicles, SBI Life (Insurance) etc.
Revenue: USD 461 mil
Website: www.icicibank.com
2007-01-09 06:23:10
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answer #3
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answered by FARIDA H 2
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ICICI - Industrial Credit and Investment Corporation of India
2007-01-09 06:19:58
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answer #4
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answered by Uday 2
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Industrial Credit and Investment Corporation of India
2007-01-09 07:23:37
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answer #5
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answered by cvindia 2
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ICICI Bank IS the full form.
2007-01-09 06:16:48
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answer #6
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answered by Sonu G 5
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look the full form iam writing is a real:
Industrial Credit and Investment Corporation of India.
2007-01-09 06:20:33
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answer #7
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answered by king Ninad 2
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Industrial Credit and Investment Corporation of India.
this was a good question but my suggestion si to give the question that every body's opinion is different for that question thx
2007-01-10 20:04:38
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answer #8
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answered by indian 2
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