History o ICICI Bank :
ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian financial institution, and was its wholly-owned subsidiary. ICICI's shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal 2000, ICICI Bank's acquisition of Bank of Madura Limited in an all-stock amalgamation in fiscal 2001, and secondary market sales by ICICI to institutional investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian industry. The principal objective was to create a development financial institution for providing medium-term and long-term project financing to Indian businesses. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to a diversified financial services group offering a wide variety of products and services, both directly and through a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI become the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE.

After consideration of various corporate structuring alternatives in the context of the emerging competitive scenario in the Indian banking industry, and the move towards universal banking, the managements of ICICI and ICICI Bank formed the view that the merger of ICICI with ICICI Bank would be the optimal strategic alternative for both entities, and would create the optimal legal structure for the ICICI group's universal banking strategy. The merger would enhance value for ICICI shareholders through the merged entity's access to low-cost deposits, greater opportunities for earning fee-based income and the ability to participate in the payments system and provide transaction-banking services. The merger would enhance value for ICICI Bank shareholders through a large capital base and scale of operations, seamless access to ICICI's strong corporate relationships built up over five decades, entry into new business segments, higher market share in various business segments, particularly fee-based services, and access to the vast talent pool of ICICI and its subsidiaries. In October 2001, the Boards of Directors of ICICI and ICICI Bank approved the merger of ICICI and two of its wholly-owned retail finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, with ICICI Bank. The merger was approved by shareholders of ICICI and ICICI Bank in January 2002, by the High Court of Gujarat at Ahmedabad in March 2002, and by the High Court of Judicature at Mumbai and the Reserve Bank of India in April 2002. Consequent to the merger, the ICICI group's financing and banking operations, both wholesale and retail, have been integrated in a single entity.

Board Members of ICICI Bank :
Mr. N. Vaghul, Chairman
Mr. Sridar Iyengar
Mr. Lakshmi N. Mittal
Mr. Narendra Murkumbi
Mr. Anupam Puri
Mr. Vinod Rai
Mr. M.K. Sharma
Mr. P.M. Sinha
Prof. Marti G. Subrahmanyam
Mr. T.S. Vijayan
Mr. V. Prem Watsa
Mr. K.V. Kamath, Managing Director & CEO
Ms. Chanda Kochhar, Deputy Managing Director
Dr. Nachiket Mor, Deputy Managing Director
Ms. Madhabi Puri-Buch, Executive Director
Mr. V. Vaidyanathan, Executive Director

ICICI Bank Gourp :
ICICI venture, ICICI Lombard General Insurance Conpany, ICICI Prudential Life Insurance Company, ICICI Prudential AMC & Trust, ICICI Securities.

Deposits of ICICI Bank :
Savings Account :
ICICI Bank offers you a power packed Savings Account with a host of convenient features and banking channels to transact through.

Senior Citizen services : We understand that as you reach the age to retire, you do have certain concerns That's why we have an ideal Banking Service for those who are 60 years and above. The Senior Citizen Services from ICICI Bank has several advantages that are tailored to bring more convenience and enjoyment in your life.

Young Stars Account : It's really important to help children learn the value of finances and money management at an early age. Banking is a serious business, but we make banking a pleasure and at the same time children learn how to manage their personal finances.

Fixed Deposit Account : Safety, Flexibility, Liquidity and Returns!!!! A combination of unbeatable features of the Fixed Deposit from ICICI Bank.

Recurring Deposit Account : When expenses are high, you may not have adequate funds to make big investments. Through ICICI Bank Recurring Deposit you can invest small amounts of money every month that ends up with a large saving on maturity.

Easy Receive Account : Easy receive account is a unique account that caters to the domestic banking needs while offering additional benefits for remittances received in the account.

Insurance Service of ICICI Bank :
Home Inurance
Health Insurance of ICICI Bank : Critical Care, Health Advantage Plus, Family Floater Plan, Personal Accident, Compare Plans, etc.
Motor Insurance : Car Insurance, Two Wheeler Insurance, Commercial Vehicles, etc.
Overseas Travel Insurance : Platinum Plan, Gold Plan, Silver Plan, Senior Citizen Plan, Multi Trip Insurance, Compare Plans, etc.
Student Medical Insurance : Plus Plan, Gold Plan, Bronze Plan, Find Your University, Compare Plans, etc