ICICI Bank Limited

News and overview for ICICI Bank Limited

ICICI Bank Performance Review Quarter Ended September 30, 2009 [Press Release]
Business Wire | 25 days 14 hours 48 minutes ago
The Board of Directors of ICICI Bank Limited (NYSE: IBN) at its meeting held at Mumbai today, approved the audited unconsolidated accounts and the unaudited consolidated accounts of the Bank for the quarter ended September 30, 2009.


ICICI Bank Canada Selects CGI for Five-Year Contract [Press Release]
PRNewswire | 61 days 15 hours 49 minutes ago
Stock Market Symbols GIB.A (TSX) GIB (NYSE) www.cgi.com/newsroom


BLUE PLANET WORLDWIDE FINANCIALS INVESTMENT TRUST PLC - Final Results [Press Release]
PRNewswire | 61 days 13 hours 49 minutes ago
REGULATORY ANNOUNCEMENT


Prominent IT Decision Makers to Attend naseba s BFSI Technologies CXO Summit India on October 29-30, 2009 at the Grand Hyatt in Mumbai [Press Release]
Business Wire | 27 days 17 hours 59 minutes ago
naseba, a global business information company, is organizing the BFSI Technologies CXO Summit India on October 29-30, 2009 at the Grand Hyatt in Mumbai. More than 125 IT decision makers from leading companies of India will participate in the summit aimed at addressing the challenges faced by BFSI professionals in their roles as key IT and business decision makers of their organizations.


Polaris Software Acquires Laser Soft Infosystems [Press Release]
PRNewswire | 40 days 10 hours 22 minutes ago
CHENNAI, India, October 15 /PRNewswire-FirstCall/ -- Polaris Software Lab Limited (POLS.BO), a leading Financial Technology company today signed a definitive agreement to acquire 100% of Laser Soft Infosystems Ltd in an all cash deal for about Rs. 52 crores ($11 million). The acquisition will be completed subject to the regulatory approvals.


Webster Financial Announces Completion of $115 Million Equity Investment by Warburg Pincus [Press Release]
PRNewswire | 40 days 1 hour ago
...investments include The Bowery Savings Bank, Mellon Bank, Dime Bancorp, TAC Banc-shares, HDFC, Kotak Mahindra and ICICI Bank. Founded in 1966, Warburg Pincus...expectations include, but are not limited to, general economic conditions...


Laser Soft, a Polaris Group Company Wins NDTV Business Leadership Awards 2009 [Press Release]
PRNewswire | 27 days 13 hours 43 minutes ago
CHENNAI, India, October 28 /PRNewswire-FirstCall/ -- Laser Soft Infosystems Ltd, a leading software product company for the Banking and Financial Services sector in India & emerging countries and a group company of Polaris Software Lab Ltd, was awarded NDTV Business Leadership Awards 2009 under the 'Inclusion and Diversity' category. Laser Soft competed with the leading Indian and multi-national companies and adjudged winner in this one of its kind award category.


India-US CEOs to discuss economy, edu
Financial Express (India), The | 1 day 19 hours 45 minutes ago
The reconstituted Indo-US CEO Forum is scheduled to hold its first meeting on Monday, setting out the agenda for the next phase of relationship in business, industry and economy between the two countries.


Gachibowli a district on the rise
Financial Express (India), The | 16 days 7 hours 8 minutes ago
Gachibowli, a major IT suburb of Hyderabad, situated about five km away from HITEC City, is gaining prominence to become the most exciting business address in India in the coming years.


Indian shares tank to 6-week closing low
Forbes | 28 days 15 hours 46 minutes ago
By Ami Shah MUMBAI, Oct 27 (Reuters) - Indian shares fell 2.3 percent to their lowest close in six weeks, with banks leading the losses, as the central bank laid the groundwork for a rise in interest


Prudential chief executive Tidjane Thiam says the East is the future - Telegraph
International Water Power and Dam Construction | 17 days 5 hours 25 minutes ago
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ADR REPORT: ADRs Close Up As Broader Market Rallies
Wall Street Journal, The | 41 days 6 hours 11 minutes ago
Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed up Wednesday as the broader market rallied, encouraging every sector to finished in positive territory.


Prudential PLC - Interim Management Statement [Press Release]
MarketWire | 27 days 16 hours 22 minutes ago
LONDON -- (Marketwire) -- 10/28/09 --


Dr. Reddy s Q2 FY10 Results [Press Release]
Business Wire | 32 days 18 hours 35 minutes ago
Dr. Reddy’s Laboratories Ltd. (NYSE:RDY) today announced its unaudited financial results for the second quarter ended September 30, 2009 under International Financial Reporting Standards (IFRS).


PE firms target Indian investors to raise funds
Financial Express (India), The | 16 days 14 hours 6 minutes ago
Even as corporate groups and financial institutions in India are floating their own private equity funds, the downturn in the global economy has affected their fundraising plans indefinitely. However, by exploring new sources such as domestic institutions and high networth individuals (HNIs), a few PE firms have received commitments while a few others remain optimistic about completing fundraising soon.





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Company Overview


Company: ICICI Bank Limited
Industry: Banking - Asia & Australia
Website: http://www.icicibank.com

You see, ICICI Bank is India's #2 bank (after State Bank of India) and its largest private bank, with some 1,400 branches and 4,700 ATMs nationwide. It also has locations in about 20 other countries. ICICI's retail banking group offers lending and deposit services to small businesses and individuals; larger businesses are served by the corporate banking group, which offers finance services and treasury products. The rural and government banking unit offers micro-loans and agricultural banking. Foreign operations, as well as services related to international trade finance and expatriate Indians, fall under the international banking group. Other offerings include online banking, asset management, and insurance.


Key Numbers

Sales in U.S. Dollars (mil.) 7,220.5 (2009)
One-year % Growth in Sales -16.0 (2009)
Net Income in U.S. Dollars (mil.) 685.7 (2009)
One-year % Growth in Net Income -12.2 (2009)
Number of Employees 73,362 (2009)
One-year % Growth in Number of Employees -12.8 (2009)
Fiscal Year-End March