 Incorporation Year: 1994

 Ownership Group: ICICI Group

 Headquarter: Mumbai, Maharashtra, India
 Chairman: M.K. Sharma
 Present Head(MD and CEO): Sandeep Bakhshi
 Chief Financial Officer: Rakesh Jha
HISTORY

1994 –

 The Bank was incorporated on 5th January at Baroda.

 ICICI Bank was promoted by ICICI and erstwhile SCICI Ltd. and received the Certificate for
Commencement of Business on 24th February. It does bank business of all kinds. It was founded
as an institution to provide quality banking services using state-of-the-art technology.
 The Bank has established a well diversified branch network with 24 branches in 15 centres
covering 12 states. The bank set up a fully computerised environment with the State-of-the-art
technology at all offices continuously upgrading its strong systems and procedures with special
emphasis on risk management.
1996 –
 The deposit products and other services of the bank were branded with names such as `Maxicash'
for services accounts, `Money Plus' for Current Account, `Quantum' for fixed deposit account,
`Power Pay' for payroll accounts treasure chest for locker facilities and `Trice' for automated
teller machine facility.
 The Bank had, in compliance with a directive issued by RBI, deposited in aggregate Rs 88.16
crores with small Industrial Development Bank of India and National Bank for Agricultural &
Rural development.
1998 –

 ICICI Bank, which introduced Internet banking in India, is set to launch various

technology-based new services in the near future. Some of the new services include

setting up of call centres and the introduction of fund transfers between own accounts

in its branches.

 ICICI Banking Corporation Ltd, the first bank in the country to go in for Internet

banking, is now all set to provide its account-holders with the facility of transferring

funds across their accounts on the Net.

2000 –

 ICICI Bank became the first Indian bank to list on the New York Stock Exchange with its

$175-million American depository shares issue generating a demand book 13 times its

size at $2.2 billion

 ICICI has signed a tripartite agreement with Amitabh Bachchan Corporation Ltd. and

Mr. Amitabh Bachchan, appointing him as its brand ambassador.

2002 –

 ICICI Bank Ltd has informed that the Board of Directors inducted Shri N Vaghul, as

an Additional Director on the Board of the Bank. non-executive whole-time director

and also the non-executive Chairman of ICICI Ltd.

 The board of directors of ICICI Bank and ICICI in separate meeting at Mumbai,

approved the merger of ICICI with ICICI Bank.

 The merger of two wholly-owned subsidiaries of ICICI, ICICI Personal Financial

Services and ICICI Capital Services, with ICICI Bank was also approved by the

respective Boards.