ICICI Bank Ltd is one of India’s largest private sector banks, offering a wide range of financial products and services to individuals, businesses, and corporations. The bank provides savings accounts, loans, credit cards, investment options, insurance, and digital banking services. Known for its strong technology focus, ICICI Bank has introduced many innovations in mobile banking, internet banking, and digital payments. With millions of customers in India and abroad, the bank has built a strong reputation for reliability, customer convenience, and modern financial solutions.
Introduction & Incorporation
ICICI Bank was incorporated in 1994 as a part of ICICI Ltd, which was originally established in 1955 to support industrial development in India. The bank is headquartered in Mumbai, Maharashtra, and operates as a public limited company in the financial services industry. ICICI Bank expanded rapidly in the 2000’s with new branches, ATMs, digital channels, and international operations. Over the years, it has strengthened its leadership in retail banking, corporate financing, wealth management, and digital solutions. Its business model focuses on customer-centric services, strong risk management, and continuous technology-driven improvement.
ICICI Bank Ltd Business Segments and Revenue Model
ICICI Bank is structured to serve diverse customer needs. Its core offerings are delivered through several key segments:
- Retail Banking: This is a major focus, covering services for individual customers. Offerings include savings and current accounts, home loans, personal loans, auto loans, and credit/debit cards. The bank heavily uses digital platforms like the iMobile Pay app for seamless transactions.
- Wholesale (Corporate) Banking: Providing financial solutions, working capital, and project finance to large businesses and institutions.
- Treasury: Managing the banks investments, liquidity, and currency exchange (forex) operations.
- Subsidiaries and Group Companies: The bank earns substantial revenue through its subsidiaries, which include ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and ICICI Securities. The value creation of these highly profitable group companies is a key component in the valuation of the ICICI bank share price.
ICICI Bank Ltd Key Milestones
- 1994: ICICI Bank is incorporated.
- 1998: Pioneered internet banking in India, marking an early focus on digital services.
- 1999: Became the first Indian company and first bank from non-Japan Asia to be listed on the New York Stock Exchange (NYSE).
- 2002: The pivotal reverse merger occurred, where the parent institution (ICICI Ltd.) merged into ICICI Bank, officially forming a unified, diversified universal bank.
- 2010: Expanded its branch network significantly by amalgamating with the Bank of Rajasthan.
- 2020: Launched ICICIStack, a comprehensive set of digital banking solutions.
ICICI Bank Ltd Awards & Recognitions
- ICICI Bank honoured as “Most Sustainable Bank” 2025 by Business Today financial magazine.
- ICICI Bank named among India’s Top Value Creator 2024 - Banks by Dun & Bradstreet.
- ICICI Bank recognized as “Best Private Sector Bank” 2022-23 by Financial Express, a prominent business newspaper.
- ICICI Bank won awards in “Digital Sales & Engagement” and “IT Risk & Management” at IBA Banking Technology Awards 2022.
Data as of January 2026
ICICI Bank share price as on 27 Feb 2026 is Rs. 1378.9. Over the past 6 months, the ICICI Bank share price has decreased by 2.66% and in the last one year, it has increased by 12.8%. The 52-week low for ICICI Bank share price was Rs. 1200.1 and 52-week high was Rs. 1500.
ICICI Bank Ltd is one of India’s largest private sector banks, offering a wide range of financial products and services to individuals, businesses, and corporations. The bank provides savings accounts, loans, credit cards, investment options, insurance, and digital banking services. Known for its strong technology focus, ICICI Bank has introduced many innovations in mobile banking, internet banking, and digital payments. With millions of customers in India and abroad, the bank has built a strong reputation for reliability, customer convenience, and modern financial solutions.
Introduction & Incorporation
ICICI Bank was incorporated in 1994 as a part of ICICI Ltd, which was originally established in 1955 to support industrial development in India. The bank is headquartered in Mumbai, Maharashtra, and operates as a public limited company in the financial services industry. ICICI Bank expanded rapidly in the 2000’s with new branches, ATMs, digital channels, and international operations. Over the years, it has strengthened its leadership in retail banking, corporate financing, wealth management, and digital solutions. Its business model focuses on customer-centric services, strong risk management, and continuous technology-driven improvement.
ICICI Bank Ltd Business Segments and Revenue Model
ICICI Bank is structured to serve diverse customer needs. Its core offerings are delivered through several key segments:
- Retail Banking: This is a major focus, covering services for individual customers. Offerings include savings and current accounts, home loans, personal loans, auto loans, and credit/debit cards. The bank heavily uses digital platforms like the iMobile Pay app for seamless transactions.
- Wholesale (Corporate) Banking: Providing financial solutions, working capital, and project finance to large businesses and institutions.
- Treasury: Managing the banks investments, liquidity, and currency exchange (forex) operations.
- Subsidiaries and Group Companies: The bank earns substantial revenue through its subsidiaries, which include ICICI Prudential Life Insurance, ICICI Lombard General Insurance, and ICICI Securities. The value creation of these highly profitable group companies is a key component in the valuation of the ICICI bank share price.
ICICI Bank Ltd Key Milestones
- 1994: ICICI Bank is incorporated.
- 1998: Pioneered internet banking in India, marking an early focus on digital services.
- 1999: Became the first Indian company and first bank from non-Japan Asia to be listed on the New York Stock Exchange (NYSE).
- 2002: The pivotal reverse merger occurred, where the parent institution (ICICI Ltd.) merged into ICICI Bank, officially forming a unified, diversified universal bank.
- 2010: Expanded its branch network significantly by amalgamating with the Bank of Rajasthan.
- 2020: Launched ICICIStack, a comprehensive set of digital banking solutions.
ICICI Bank Ltd Awards & Recognitions
- ICICI Bank honoured as “Most Sustainable Bank” 2025 by Business Today financial magazine.
- ICICI Bank named among India’s Top Value Creator 2024 - Banks by Dun & Bradstreet.
- ICICI Bank recognized as “Best Private Sector Bank” 2022-23 by Financial Express, a prominent business newspaper.
- ICICI Bank won awards in “Digital Sales & Engagement” and “IT Risk & Management” at IBA Banking Technology Awards 2022.
Data as of January 2026
ICICI Bank share price as on 27 Feb 2026 is Rs. 1378.9. Over the past 6 months, the ICICI Bank share price has decreased by 2.66% and in the last one year, it has increased by 12.8%. The 52-week low for ICICI Bank share price was Rs. 1200.1 and 52-week high was Rs. 1500.
