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Blue Chip Growth

Stock Report: ICICI Bank Limited Sponsored ADR (IBN) Report Updated: Jan 26, 2015 | Print This Page

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ICICI Bank Limited Sponsored ADR (IBN)

Rating: Strong Buy Volatility: Moderate
Total Grade: A Industry: Banks
Competitors: LARK, HDB, PEBK, SFST
service keys

ICICI Bank Limited Sponsored ADR© quotemedia

Company Profile

ICICI Bank Limited and its subsidiaries provide banking and financial services to corporate and retail customers in India and internationally. It offers commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking, and treasury products and services. The company provides current and savings accounts, fixed and recurring deposits, and salary accounts; credit and debit, prepaid, and corporate cards; and home, commercial vehicle, personal, car, and construction equipment loans, as well as loans against securities. It also offers life, travel, health, car, two wheeler, home, medical, motor, and general insurance products; demat accounts; and tax saving bonds, government of India bonds, initial public offerings, foreign exchange services, and senior citizens savings schemes, as well as gold for investment. In addition, the company provides wealth management products and services, which include funds and investments, such as mutual funds, portfolio management services, and alternative investments; risk protection products; and investment advisory services. Further, it offers real estate services related to residential real estate, commercial real estate, joint venture structuring, and funding; direct equity; venture funds; real estate funds; cash management and global trade services; mergers and acquisitions advisory and loan syndication services; services to the financial institutions; capital market, and custodial services; and project finance products. Additionally, the company provides business loans and vendor/dealer finance; transaction banking, trade, and private equity placement services; NRI, international, rural and agricultural, Internet, mobile, and phone banking services. As of August 24, 2012, it had a network of 2,650 branches and 9,400 ATMs. The company was founded in 1955 and is based in Mumbai, India.

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