2007-02-01 20:50:59 · 10 answers · asked by lakshmig 1 in Business & Finance ➔ Other - Business & Finance
Industrial Credit and Investment Corporation of India.
The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the 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. Mr.A.Ramaswami Mudaliar was elected as the first Chairman of ICICI Limited.
2007-02-01 20:57:46 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Industrial Credit and Investment Corporation of India
The World Bank, the Government of India and representatives of Indian industry form ICICI Limited as a development finance institution to provide medium-term and long-term project financing to Indian businesses in 1955.
1994 ICICI establishes ICICI Bank as a subsidiary.
2007-02-01 21:17:06 · answer #2 · answered by Charu Chandra Goel 5 · 0⤊ 0⤋
ICICI, is the abbreviation of "Industrial Credit and Investment Corporation of India", a financial services firm.
ICICI later was reverse-merged with ICICI Bank in 2002. The entity is now called ICICI Bank .. and ICICI does not stand for anything now!
2007-02-01 21:12:41 · answer #3 · answered by cynicaltushar 2 · 0⤊ 0⤋
Industrial Credit and Investment Corporation of India
2007-02-02 07:29:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Industrial Credit and Investment Corporation of India
2007-02-01 20:57:23 · answer #5 · answered by toknowmore 4 · 0⤊ 1⤋
Industrial Credit and Investment Corporation of India.
2007-02-01 20:55:01 · answer #6 · answered by Stunner_cool 5 · 0⤊ 1⤋
Industrial Credit and Investment Corporation of India
2007-02-01 20:54:49 · answer #7 · answered by Batigol 2 · 0⤊ 1⤋
When ICICI was formed, it was called "Industrial Credit & Investment Corporation of India". But after its merger with its own subsidiary company ICICI Bank, now "ICICI Bank" itself is the full name of the company. The company has filed its documents to the registrar of companies stating that "ICICI Bank" name will not be expanded anymore.
2016-05-24 04:37:26 · answer #8 · answered by Anonymous · 0⤊ 0⤋
industrial credit investment corporation of India
2007-02-01 22:28:25 · answer #9 · answered by srini r 2 · 0⤊ 0⤋
industrial credit and investment corporation of india
2007-02-01 22:32:34 · answer #10 · answered by mukky 1 · 0⤊ 0⤋