ICICI Bank is a leading Indian multinational banking and financial services institution, with a presence in 15 countries. The Bank is listed on the stock exchanges of Mumbai and New York with market capitalisation of US$ 1.03 billion making it one of the top 20 banks globally in term of market cap. In India, the Bank has over 6,500 branches and over 17,000 ATMs. As of March 31, 2024, ICICI Bank’s total assets exceeded USD 283 billion, net worth of more than USD 28.6 billion and a capital adequacy ratio of 16.33%.
The Reserve Bank of India classifies ICICI Bank as a Domestic Systemically Important Bank (D-SIB), underlining its critical role in the financial system. In the UK, the Bank operates as a subsidiary from 10 business centres and 1 in Germany, serving a wide range of clients including UK-based corporates with business interests in India, Global Capability Centres of multinationals in India, Indian corporates expanding in the UK & EU, and the Indian diaspora. ICICI Bank UK also offers specialized Commercial Real Estate (CRE) lending. With its growing impact, the Bank has become the preferred banking partner for the Indian diaspora and cross-border businesses in UK/EU – India corridor.