Top 10 Banks in India 2017

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3. ICICI Bank

Industrial Credit and Investment Corporation of India (ICICI Bank) is an Indian multinational and financial services company headquartered in Mumbai, India.


Image: flickr.com/photos/zadeus/

ICICI Bank was founded in 1994 with registered office at Vadodara, Gujarat. Mrs Chanda Kochhar is the present MD and CEO of ICICI and Mr MK Sharma is the present Chairman, and ICICI Bank currently has a network of 4,850 Branches and 13,882 ATM's across India as on March 2017.

ICICI offers a wide range of banking products and financial services for corporate and retail customers in the areas of banking, life, non-life insurance, venture capital and asset management. Some of the acquisitions of ICICI bank include SCICI Ltd, ITC Classic Finance, Anagram Finance, Bank of Madurai, Darjeeling and Shimla branches of Grindlays Bank, IKB, Sangli Bank and Bank of Rajasthan.

ICICI has come up with initiatives like 100 Digital villages to promote digital ecosystem across country in rural India to create awareness and enable them use digital channels for banking. Apart from this they also have a Go Green Initiative and Literary Endeavours. ICICI is planning to add up 500 more villages to its Digital village campaign to educate about digital payments. Some of the recent awards in 2017 that ICICI won are:

• Ranked first among private sector banks in India as per Brand Equity's 'Most Trusted Brands of 2016' survey

• 'Best Company to Work for' Award of Business Today magazine in the Banking, Financial Services and Insurance sector.

Interest Earned (Cr): Rs54156

Net Profit (Cr): Rs9801

Return of Asset: 1.35%

Net NPA(Cr): Rs25451.03



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