ICICI BANK ICICI Bank started as a wholly owned subsidiary of ICICI Limited, an Indian financial institution, in 1994.

Four years later, when the company offered ICICI Bank's shares to the public, ICICI's shareholding was reduced to 46%. In the year 2000, ICICI Bank offered made an equity offering in the form of ADRs on the New York Stock Exchange (NYSE), thereby becoming the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE. In the next year, it acquired the Bank of Madura Limited in an allstock amalgamation. Later in the year and the next fiscal year, the bank made secondary market sales to institutional investors. With a change in the corporate structure and the budding competition in the Indian Banking industry, the management of both ICICI and ICICI Bank were of the opinion that a merger between the two entities would prove to be an essential step. It was in 2001 that the Boards of Directors of ICICI and ICICI Bank sanctioned the amalgamation of ICICI and two of its whollyowned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. In the following year, the merger was approved by its shareholders, the High Court of Gujarat at Ahmedabad as well as the High Court of Judicature at Mumbai and the Reserve Bank of India. Present Scenario ICICI Bank has its equity shares listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited. Overseas, its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). As of December 31, 2008, ICICI is India's secondlargest bank, boasting an asset value of Rs. 3,744.10 billion and profit after tax Rs. 30.14 billion, for the nine months, that ended on December 31, 2008. Branches & ATMs ICICI Bank has a wide network both in Indian and abroad. In India alone, the bank has 1,420 branches and about 4,644 ATMs. Talking about foreign countries, ICICI Bank has made its presence felt in 18 countries - United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. The Bank proudly holds its subsidiaries in the United Kingdom, Russia and Canada out of which, the UK subsidiary has established branches in Belgium and Germany. Products & Services Personal Banking

Deposits Loans Cards Investments Insurance Demat Services Wealth Management

NRI Banking

Money Transfer Bank Accounts Investments Property Solutions Insurance Loans

Business Banking

Corporate Net Banking Cash Management Trade Services FXOnline SME Services Online Taxes Custodial Services

Head Office ICICI Bank 9th Floor, South Towers ICICI Towers Bandra Kurla Complex Bandra (E) Mumbai Phone: 91-022-653 7914 Website: www.icicibank.com

History 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.

After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking industry, and the move towards universal banking, the managements of ICICI and ICICI Bank formed the view that the merger of ICICI with ICICI Bank would be the optimal strategic alternative for both entities, and would create the optimal legal structure for the ICICI group's universal banking strategy. The merger would enhance value for ICICI shareholders through the merged entity's access to low-cost deposits, greater opportunities for earning fee-based income and the ability to participate in the payments system and provide transaction-banking services. The merger would enhance value for ICICI Bank shareholders through a large capital base and scale of operations, seamless access to ICICI's strong corporate relationships built up over five decades, entry into new business segments, higher market share in various business segments, particularly fee-based services, and access to the vast talent pool of ICICI and its subsidiaries. In October 2001, the Boards of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was approved by shareholders of ICICI and ICICI Bank in January 2002, by the High Court of Gujarat at Ahmedabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. Consequent to the merger, the ICICI group's financing and banking operations, both wholesale and retail, have been integrated in a single entity. ICICI Bank has formulated a Code of Business Conduct and Ethics for its directors and employees. (Click here to view a copy Corporate Profile ICICI Bank is India's second-largest bank with total assets of Rs. 4,062.34 billion (US$ 91 billion) at March 31, 2011 and profit after tax Rs. 51.51 billion (US$ 1,155 million) for the year ended March 31, 2011. The Bank has a network of 2,533 branches and about 6,700 ATMs in India, and has a presence in 19 countries, including India. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management. The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and Germany. ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

Board Members Mr. K. V. Kamath, Chairman .................................................... Mr. Sridar Iyengar .................................................... Mr. Homi R. Khusrokhan .................................................... Mr. Arvind Kumar ................................................. Mr. M.S. Ramachandran .................................................. Dr. Tushaar Shah .................................................. Mr. V. Sridar

Ms. Chanda Kochhar, Managing Director & CEO ......................................................... Mr. N. S. Kannan, Executive Director & CFO ......................................................... Mr. K. Ramkumar, Executive Director ......................................................... Mr. Rajiv Sabharwal, Executive Director BOARD COMMOTTE

Audit Committee

Board Governance, Remuneration & Nomination Committee Mr. Sridar Iyengar, Chairman Mr. K.V. Kamath Mr. Homi Khusrokhan

Mr. Sridar Iyengar, Chairman Mr. Homi R. Khusrokhan, Mr. M.S. Ramachandran Mr. V.Sridar

Corporate Social Responsibility Committee

Customer Service Committee

Mr. M.S. Ramachandran, Chairman Mr. Arvind Kumar Dr. Tushaar Shah Ms. Chanda D. Kochhar

Mr. K.V. Kamath, Chairman Mr. M.S. Ramachandran Mr. V. Sridar Ms. Chanda D. Kochhar

Credit Committee

Fraud Monitoring Committee

Mr. K.V. Kamath, Chairman Mr. M.S. Ramachandran Mr. Homi R. Khusrokhan Ms. Chanda D. Kochhar

Mr. V. Sridar, Chairman Mr. K.V. Kamath Mr. Homi R. Khusrokhan Mr. Arvind Kumar Ms. Chanda D. Kochhar Mr. Rajiv Sabharwal Share Transfer & Shareholders'/ Investors' Grievance Committee Mr. Homi R. Khusrokhan, Chairman Mr. V. Sridar Mr. N.S. Kannan

Risk Committee

Mr. K.V. Kamath, Chairman Mr. Sridar Iyengar Mr. Arvind Kumar Mr. V. Sridar Ms. Chanda D. Kochhar

Committee of Executive Directors

Ms. Chanda D. Kochhar, Chairperson Mr. N.S. Kannan Mr. K. Ramkumar Mr. Rajiv Sabharwal

Director's Profiles

Chanda Kochhar Managing Director and Chief Executive Officer

N.S. Kannan Executive Director & CFO

K. Ramkumar Executive Director

Rajiv Sabharwal Executive Director

Brief history of ICICI Bank

Posted by admin On December - 8 - 2009 ICICI Bank started as a wholly owned subsidiary of ICICI Limited, an Indian financial institution, in 1994. Four years later, when the company offered ICICI Banks shares to the public, ICICIs shareholding was reduced to 46%. In the year 2000, ICICI Bank offered made an equity offering in the form of ADRs on the New York Stock Exchange (NYSE), thereby becoming the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE. In the next year, it acquired the Bank of Madura Limited in an allstock amalgamation. Later in the year and the next fiscal year, the bank made secondary market sales to institutional investors. With a change in the corporate structure and the budding competition in the Indian Banking industry, the management of both ICICI and ICICI Bank were of the opinion that a merger between the two entities would prove to be an essential step. It was in 2001 that the Boards of Directors of ICICI and ICICI Bank sanctioned the amalgamation of ICICI and two of its whollyowned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. In the following year, the merger was approved by its shareholders, the High Court of Gujarat at Ahmedabad as well as the High Court of Judicature at Mumbai and the Reserve Bank of India. ICICI Bank (formerly Industrial Credit and Investment Corporation of India) is Indias largest private sector bank by market capitalisation and second largest overall in terms of assets. Bank has total assets of Rs. 3,793.01 billion (US$ 75 billion) at March 31, 2009 and profit after tax Rs. 37.58 billion for the year ended March 31, 2009. The Bank also has a network of 1,520 branches and about 4,721 ATMs in India and presence in 18 countries, as well as some 24 million customers (at the end of July 2007). ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management. (These data are dynamic.) ICICI Bank is also the largest issuer of credit cards in India. ICICI Bank has got its equity shares listed on the stock exchanges at kolkata and vadodara mumbai and the National Stock Exchange of India Limited, and its ADRs on the New York Stock Exchange (NYSE). The Bank is expanding in overseas

markets and has the largest international balance sheet among Indian banks. ICICI Bank now has wholly-owned subsidiaries, branches and representatives offices in 18 countries, including an offshore unit in Mumbai. This includes wholly owned subsidiaries in Canada, Russia and the UK (the subsidiary through which the HiSAVE savings brand is operated), offshore banking units in Bahrain and Singapore, an advisory branch in Dubai, branches in Belgium, Hong Kong and Sri Lanka, and representative offices in Bangladesh, China, Malaysia, Indonesia, South Africa, Thailand, the United Arab Emirates and USA. Overseas, the Bank is targeting the NRI (NonResident Indian) population in particular. ICICI reported a 1.15% rise in net profit to Rs. 1,014.21 crore on a 1.29% increase in total income to Rs. 9,712.31 crore in Q2 September 2008 over Q2 September 2007. The banks current and savings account (CASA) ratio increased to 30% in 2008 from 25% in 2007. ICICI Bank is one of the Big Four Banks of India with State Bank of India, Axis Bank and HDFC ICICI Bank was promoted by ICICI (Industrial Credit and Investment Corporation of India) Limited in 1994 as its wholly owned subsidiary. ICICIs share holding reduced to 46% after a public issue in 1998 and a subsequent equity offering of American depository receipts (ADR) listed in New York stock exchange in 2000. Incidentally ICICI was established on World Banks initiative by Government of India and Indian industry representatives in 1955. It was created with aim of providing long and medium term financial assistance to Indian industries and businesses. In 1990s, ICICI transformed itself from a developmental finance institute to an organization offering diversified financial services to individuals and corporations. ICICI holds distinction of being first Indian company and first financial institution from Asia, apart from Japan, to be listed on New York Stock Exchange. 1955 : : 1956 : 1958 : 1960 : 1961 : 1967 : 1969 : 1972 : : 1977 : 1978 : 1979 : 1982 : :

The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative project financing to Indian businesses. Mr.A.Ramaswami Mudaliar elected as the first Chairman of ICI ICICI emerges as the major source of foreign currency loans to Indian industry. Besides funding from t ICICI declared its first dividend of 3.5%. Mr.G.L.Mehta appointed the second Chairman of ICICI Ltd. ICICI building at 163, Backbay Reclamation, inaugurated. The first West German loan of DM 5 million from Kredianstalt obtained. ICICI made its first debenture issue for Rs.6 crore, which was oversubscribed. The first two regional offices in Calcutta and Madras set up. The second entity in India to set up merchant banking services. Mr. H. T. Parekh appointed the third Chairman of ICICI. ICICI sponsored the formation of Housing Development Finance Corporation. Managed its first equity Mr. James Raj appointed the fourth Chairman of ICICI. Mr.Siddharth Mehta appointed the fifth Chairman of ICICI. 1982 : ICICI became the first ever Indian borrower to raise European Currency Units. ICICI commences leasing business.

1984 : 1985 : 1986 : : : : 1987 : 1988 : 1993 : : 1994 : 1996 : : : 1997 : : : 1998 : : 1999 : : 2000 : : 2001 : 2002 : : : : : : : : 2003 : : : : : : : : : 2004 :

Mr. S. Nadkarni appointed the sixth Chairman of ICICI. Mr. N.Vaghul appointed the seventh Chairman and Managing Director of ICICI. ICICI became the first Indian institution to receive ADB Loans. ICICI, along with UTI, set up Credit Rating Information Services of India Limited, Indias first profess ICICI promotes Shipping Credit and Investment Company of India Limited. The Corporation made a public issue of Swiss Franc 75 million in Switzerland, the first public issue by ICICI signed a loan agreement for Sterling Pound 10 million with Commonwealth Development Corpo Promoted TDICI Indias first venture capital company. ICICI Securities and Finance Company Limited in joint venture with J. P. Morgan set up. ICICI Asset Management Company set up. ICICI Bank set up. ICICI Ltd became the first company in the Indian financial sector to raise GDR. SCICI merged with ICICI Ltd. Mr. K.V.Kamath appointed the Managing Director and CEO of ICICI Ltd ICICI Ltd was the first intermediary to move away from single prime rate to three-tier prime rates struc The name The Industrial Credit and Investment Corporation of India Ltd changed to ICICI Ltd. ICICI Ltd announced the takeover of ITC Classic Finance. Introduced the new logo symbolizing a common corporate identity for the ICICI Group. ICICI announced takeover of Anagram Finance. ICICI launched retail finance car loans, house loans and loans for consumer durables. ICICI becomes the first Indian Company to list on the NYSE through an issue of American Depositary ICICI Bank became the first commercial bank from India to list its stock on NYSE. ICICI Bank announces merger with Bank of Madura. The Boards of ICICI Ltd and ICICI Bank approved the merger of ICICI with ICICI Bank. ICICI Ltd merged with ICICI Bank Ltd to create Indias secondlargest bank in terms of assets. ICICI assigned higher than sovereign rating by Moodys. ICICI Bank launched Indias first CDO (Collateralised Debt Obligation) Fund named Indian Corporate E Lobby, a self-service banking centre inaugurated in Pune. It was the first of its kind in India. ICICI Bank launched Private Banking. 1100-seat Call Centre set up in Hyderabad ICICI Bank Home Shoppe, the first-ever permanent aggregation and display of housing projects in the ATM-on-Wheels, Indias first mobile ATM, launched in Mumbai. The first Integrated Currency Management Centre launched in Pune. ICICI Bank announced the setting up of its first ever offshore branch in Singapore. The first offshore banking unit (OBU) at Seepz Special Economic Zone, Mumbai, launched. ICICI Banks representative office inaugurated in Dubai. Representative office set up in China. : ICICI Banks UK subsidiary launched. Indias first ever Visa Mini Credit Card, a 43% smaller credit card in dimensions launched. ICICI Bank subsidiary set up in Canada. Temasek Holdings acquired 5.2% stake in ICICI Bank. ICICI Bank became the market leader in retail credit in India. Max Money, a home loan product that offers the dual benefit of higher eligibility and affordability to a

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Mobile banking service in India launched in association with Reliance Infocomm. Indias first multi-branded credit card with HPCL and Airtel launched. Kisan Loan Card and innovative, low-cost ATMs in rural India launched. ICICI Bank and CNBC TV 18 announced Indias first ever awards recognizing the achievements of SM ICICI Bank opened its 500th branch in India. ICICI Bank introduced partnership model wherein ICICI Bank would forge an alliance with existing m directly on the recommendation of the MFI. ICICI Bank introduced 8-8 Banking wherein all the branches of the Bank would remain open from 8a.m ICICI Bank introduced the concept of floating rate for home loans in India. First rural branch and ATM launched in Uttar Pradesh at Delpandarwa, Hardoi. Free for Life credit cards launched wherein annual fees of all ICICI Bank Credit Cards were waived ICICI Bank and Visa jointly launched mChq a revolutionary credit card on the mobile phone. Private Banking Masters 2005, a nationwide Golf tournament for high networth clients of the private ba First Indian company to make a simultaneous equity offering of $1.8 billion in India, the United States Acquired IvestitsionnoKreditny Bank of Russia. ICICI Bank became the largest bank in India in terms of its market capitalization. ICICI Bank became the first private entity in India to offer a discount to retail investors for its follow-u ICICI Bank became the first Indian bank to issue hybrid Tier-1 perpetual debt in the international mark ICICI Bank subsidiary set up in Russia. Introduced a new product NRI smart save Deposits a unique fixed deposit scheme for nonresident Representative offices opened in Thailand, Indonesia and Malaysia. ICICI Bank became the largest retail player in the market to introduce a biometric enabled smart card th Financial counseling centre Disha launched. Disha provides free credit counseling, financial planning a Bhoomi puja conducted for a regional hub in Hyderabad, Andhra Pradesh. ICICI Banks USD 2 billion 3-tranche international bond offering was the largest bond offering by an I Sangli Bank amalgamated with ICICI Bank. ICICI Bank raised Rs 20,000 crore (approx $5 billion) from both domestic and international markets th ICICI Banks GBP 350 million international bond offering marked the inaugural deal in the sterling ma Launched Indias first ever jewellery card in association with jewelry major Gitanjali Group. ICICI Bank became the first bank in India to launch a premium credit card The Visa Signature Cred Foundation stone laid for a regional hub in Gandhinagar, Gujarat. Introduced SME Toolkit, an online resource centre, to help small and medium enterprises start, finance ICICI Bank signed a multi-tranche dual currency US$ 1.5 billion syndication loan agreement in Singap ICICI Bank became the first private bank in India to offer both floating and fixed rate on car loans, com In a first of its kind, nation wide initiative to attract bright graduate students to pursue a career in bankin Launched Bank@home services for all savings and current a/c customers residing in India ICICI Bank Eurasia LLC inaugurated its first branch at St Petersburg, Russia. ICICI Bank enters US, launches its first branch in New York ICICI Bank enters Germany, opens its first branch in Frankfurt ICICI Bank launched iMobile, a breakthrough innovation in banking where practically all internet bank ICICI Bank concluded Indias largest ever securitization transaction of a pool of retail loan assets aggre second largest deal in Asia (ex-Japan & Australia) since the beginning of 2007.

: : : 2009 : : : : : :

ICICI Bank launches ICICIACTIVE Banking Interactive Service along with DISHTV, which will a ICICI Bank and British Airways launch co-branded credit card, which is designed to earn accelerated re ICICI Bank Board appoints Mr K. V. Kamath as non-executive Chairman and Ms Chanda Kochhar as M ICICI bank ties up with BSNL Cell One for bill payments, it will facilitate bill payment for BSNL Cell ICICI Bank Limited acting through its Hong Kong Branch (ICICI Bank) signed an agreement on Expor ICICI Bank Limited acting through its Hong Kong Branch (ICICI Bank) signed a loan agreement with arrangement with China Exim ICICI Bank with Singapore Airlines launched ICICI Bank Singapore Airlines Visa Platinum Credit Ca ICICI Bank announced an association with mChek, Indias leading mobile payment solutions provider, Ms Chanda Kochhar takes charge as the Managing Director & CEO of ICICI Bank from May 1, 2009