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Topic: ICICI Bank


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  icici bank,icici bank india,icici bank in india,icici nri
ICICI Limited, was established in 1955 by the World Bank, the Government of India and the Indian Industry, for the promotion of industrial development in India by giving project and corporate finance to the industries in India.
ICICI Bank has grown from a development bank to a financial conglomerate and has become one of the largest public financial institutions in India.
ICICI Bank has financed all the major sectors of the economy, covering 6,848 companies and 16,851 projects.
finance.indiamart.com /investment_in_india/icici_bank.html   (688 words)

  
 Comments of ICICI Bank Limited on S7-15-03
ICICI Bank agrees that an exemption for non-U.S. banks, based on scope and conditions that are comparable to the statutory exemption conditions for U.S. insured depository institutions, is in the public interest and consistent with investor protection and ICICI Bank thanks the SEC for taking action.
ICICI Bank believes that the proposed alternative CCS condition should not be satisfied solely by a CCS determination specific to the non-U.S. bank, but that it should also permit a non-U.S. bank to rely upon a CCS determination in respect of another bank from its home country.
Accordingly, ICICI Bank would be excluded from the proposed exemption notwithstanding its inability to direct a change in Indian law and notwithstanding that factually it complies with the minimum content requirements on account of its internal norms or policies.
www.sec.gov /rules/proposed/s71503/icicibank101703.htm   (1958 words)

  
 ICICI Bank SME Online_Terms & Conditions
ICICI Bank may decide to permit other Transactions or to discontinue existing Transactions from time to time, which shall be communicated in such form or manner as ICICI Bank may determine.
ICICI Bank has taken all necessary measures to protect the confidentiality of the information and their transmission under the Service and it shall not be held liable for disclosure of the confidential information, unless gross negligence is established on the part of ICICI Bank.
ICICI Bank undertakes that a transfer to and from the account shall be made on the basis of order, instruction, direction or mandate, either standing or specific, duly authorised by the CLIENT.
www.sme.icicibank.com /Termconditions.aspx   (4258 words)

  
 ICICI Bank - Wikipedia, the free encyclopedia
ICICI was established by the Government of India in the 1960s as a Financial Institution (FI, other such institutions were IDBI and SIDBI) with the objective to finance large industrial projects.
ICICI bank now has the largest market value of all banks in India, and is widely seen as a sophisticated bank able to take on many global banks in the Indian market.
The bank is aggressively targeting the NRI (Non Resident Indian) population for expanding its business.
en.wikipedia.org /wiki/ICICI_Bank   (869 words)

  
 ICICI Bank Canada-Bank Facts   (Site not responding. Last check: 2007-10-12)
ICICI Bank Canada is a wholly-owned subsidiary of ICICI Bank Limited, which has its headquarters in Mumbai, India.
ICICI Bank Limited is the second largest bank in India and one of the most respected financial institutions in South Asia with an asset base of over US $ 57 billion (as on June 30, 2006).
ICICI Bank Canada is a full-service direct bank, and a member of CDIC.
www.icicibank.ca /personalbanking/aboutus.htm   (116 words)

  
 ICICI Bank quarterly profit up 30 pct. - Boston.com
India's largest private sector bank, ICICI Bank Ltd., said Tuesday that its net profit in the July-September quarter rose 30 percent from a year ago, boosted by a strong growth in retail loans.
ICICI Bank, which also is listed on the New York Stock Exchange, said it remains upbeat about the overall business environment, although many analysts had predicted credit growth to slow because of high global oil prices and rising interest rates.
Banks such as ICICI have benefited from the robust demand for home and car loans from a prospering middle class population in India, where the economy has grown more than 8 percent annually over the past three years.
www.boston.com /business/articles/2006/10/24/icici_bank_quarterly_profit_up_30_pct   (311 words)

  
 Boards of ICICI and ICICI Bank Approve Merger Business Wire - Find Articles
ICICI and ICICI Bank have submitted to RBI the proposal for the merger and compliance with regulatory norms applicable to banks, and would adhere to RBI's decision in the matter.
The process of integration between ICICI Bank and ICICI is expected to be smooth due to the strong synergies between the two entities.
Consequent to the merger of ICICI with ICICI Bank, the Board of Directors of ICICI Bank is proposed to be reconstituted in compliance with the Banking Regulation Act, 1949 and in accordance with best practices in corporate governance.
www.findarticles.com /p/articles/mi_m0EIN/is_2001_Oct_25/ai_79433994   (798 words)

  
 ICICI Bank Limited - India   (Site not responding. Last check: 2007-10-12)
ICICI Bank is India's second-largest bank with a balance sheet of over US$22 billion, a network of 452 branches and offices, 1725 ATMs and 5.8 million customers.
ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital, asset management and information technology.
Bank for Agriculture and Agricultural Cooperatives - Thailand
www.swwb.org /English/1000/address/gnbi/add_gnbi_icici.htm   (143 words)

  
 ICICI Bank :: NRI
ICICI Bank uses 128-bit encryption, for the transmission of the information, which is currently the permitted level of encryption in India.
The remitter would be required to cooperate with ICICI Bank in order to ensure the security of the information, and it is recommended that the remitters necessarily choose their passwords carefully such that no unauthorised access is made by a third party.
ICICI Bank may use and share the information provided by the remitters with its Affiliates and third parties for providing services and any service-related activities such as collecting subscription fees for such services, and notifying or contacting the remitters regarding any problem with, or the expiration of, such services.
www.icicibank.com /Pfsuser/icicibank/ibank-nri/nrinewversion/privacy.htm   (486 words)

  
 Merger of ICICI with ICICI Bank : Banknet India
ICICI Bank with Rs 1 lakh crore asset base bank is second only to State Bank of India, which is well over Rs 3 lakh crore in size.
ICICI Bank Ltd. will continue to comply with all prudential requirements, guidelines and other instructions as applicable to banks concerning capital adequacy, asset classification, income recognition and provisioning, issued by the Reserve Bank from time to time on the entire portfolio of assets and liabilities of the bank after the merger.
ICICI Bank Ltd. should ensure that fair valuation of the assets of the ICICI Ltd. is carried out by the statutory auditors to its satisfaction and that required provisioning requirements are duly carried out in the books of ICICI Ltd. before the accounts are merged.
www.banknetindia.com /issues/merge.htm   (633 words)

  
 Payseal - ICICI Bank’s Payment Gateway   (Site not responding. Last check: 2007-10-12)
ICICI Bank also assumes no responsibility, and shall not be liable for, any damages to, or viruses that may infect, your computer equipment or other property on account of your access to, use of, or browsing in the Site or your downloading of any materials, data, text, images, video, or audio from the Site.
Furthermore, ICICI Bank is free to use any ideas, concepts, know-how, or techniques contained in any communication you send to the Site for any purpose whatsoever including, but not limited to, developing, manufacturing and marketing products using such information.
ICICI Bank has not reviewed all of the sites linked to the Site and is not responsible for the contents of any off-site pages or any other sites linked to the Site.
www.payseal.com /legalinfo.htm   (1313 words)

  
 ICICI Bank
ICICI ltd and ICICI Bank are going ahead with raising the funds needed to meet the statutory reserve requirement post merger.
ICICI Ltd as a combined entity would be better equipped to handle issues arising from potential asset liability mismatches due to more stable deposit base.
ICICI Bank on the other was constrained because of the limited size of its balance sheet.
www.valuenotes.com /krc/jan0102.asp?ArtCd=31234   (2316 words)

  
 Bank Systems & Technology : Pump Up The Volume
That's why ICICI Bank has been driven to operate at or under one-tenth the cost of a comparable financial institution in the United States.
ICICI Bank recently opened subsidiaries in the U.K. and Canada, and also has a presence in Bahrain, Singapore and in the free-trade zone in Mumbai.
ICICI Bank's back office, and for that matter its entire IT infrastructure, is operated by ICICI Infotech (Edison, N.J.), a spin-off formed in 1999.
www.banktech.com /showArticle.jhtml?articleID=18311812   (1460 words)

  
 domain-B : Indian business : finance : banks : ICICI Holdings to unlock value and spur growth
ICICI Holdings would be the largest private insurer and fund manager in the country and the biggest testimony to the entrepreneurial culture at ICICI Bank By Rex Mathew.
ICICI Prudential Life Insurance is a joint venture of the bank with Prudential Group, one of the largest insurance and fund management companies in Europe.
ICICI Bank measures the performance of its life insurance businesses on the basis of new business achieved profit (NBAP), which is the present value of all future potential profits, which may accrue to shareholders from insurance policies written during a particular period.
www.domain-b.com /finance/banks/icici_bank/20070307_growth.html   (1823 words)

  
 ICICI Bank to Focus on Rural Indian Banking Segment (IBN) - SeekingAlpha
Financial Nirvana submits: ICICI Bank (IBN) is eyeing rural India for increasing exposure in view of the huge demand for banking in the rural sector.
ICICI Bank has set up 8,000 “touch points” across the country for penetrating rural pockets and is developing low-priced ATMs.
ICICI has been very successful in these areas; in the home loan segment, ICICI is the number one private sector bank and in retail, they have a good amount of market share too.
india.seekingalpha.com /article/13257   (405 words)

  
 :: ICICI PRUDENTIAL- Fact Sheet ::   (Site not responding. Last check: 2007-10-12)
ICICI Prudential Life Insurance Company is a joint venture between ICICI Bank, a premier financial powerhouse, and Prudential plc, a leading international financial services group headquartered in the United Kingdom.
ICICI Prudential is also the only private life insurer in India to receive a National Insurer Financial Strength rating of AAA (Ind) from Fitch ratings.
ICICI Pru Life offers flexible riders, which can be added to the basic policy at a marginal cost, depending on the specific needs of the customer.
www.iciciprulife.com /public/About-us/Fact-Sheet.htm   (1397 words)

  
 prdomain | ICICI Bank
In 2002, ICICI was merged with ICICI Bank to combine the wholesale and retail operations of both organisation into a single entity.
ICICI Bank's shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India Limited in India and its ADRs are listed on the New York Stock Exchange.
ICICI Bank, which accepts deposits under various savings and fixed schemes, offers a range of loans for various purposes, including housing, cars and 2-wheelers, commercial vehicles, farm equipment, medical equipment, office equipment and construction equipment.
www.prdomain.com /companies/I/ICICIBank/co_profile.asp   (247 words)

  
 SAS | Customer Success: ICICI Bank
ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries and affiliates in the areas of investment banking, life and non-life insurance, venture capital and asset management.
ICICI Bank also has an international banking group, and subsidiaries in the United Kingdom and Canada, branches in Singapore and Bahrain and representative offices in the United States, China, United Arab Emirates, Bangladesh and South Africa.
While ICICI Bank has taken rapid strides in developing new businesses in recent years, the bank believes that their biggest challenge will be to continue innovating to improve market shares and maintaining their competitive edge.
www.sas.com /success/icici.html   (896 words)

  
 India - Finance - ICICI Bank   (Site not responding. Last check: 2007-10-12)
Retail banking is not everybody's cup of tea but if there is one bank in India which has shown how technology can be used best for the customer’s benefit, without doubt ICICI walks away with top honours.
ICICI has the largest ATM network in the country - 363 to be precise and going on to 700 in a few months time.
And as pioneers of net and phone banking in India, the institution has clearly left the rest of the competition behind.
www3.estart.com /india/finance/icicireview.html   (335 words)

  
 CNN.com - India curbs buying in ICICI Bank - Feb. 15, 2004
India's central bank has barred fresh overseas purchases of shares in privately-managed ICICI Bank, the nation's No. 2 commercial bank, without its permission.
The step was taken because holdings by overseas funds, expatriate Indians and people of Indian origin have hit a trigger limit of 72 percent of ICICI Bank's paid-up equity capital, the Reserve Bank of India (RBI) said in a statement late on Friday.
ICICI Bank, one of only two Indian banks listed on the New York Stock Exchange, plans a domestic public equity issue to raise about 30 billion to 35 billion rupees.
www.cnn.com /2004/BUSINESS/02/15/india.bank.ap   (235 words)

  
 MFIs face cash crunch as ICICI Bank holds back funds-Finance-Economy-News-The Economic Times   (Site not responding. Last check: 2007-10-12)
ICICI Bank is the largest lender to MFIs, with an exposure to the sector upwards of Rs 2,300 crore.
Although ICICI Bank says it has not officially put funds on hold, MFIs say that their loan disbursements are in jeopardy as they have not received funds from the bank.
ICICI Bank is now insisting that MFIs adhere to RBI norms before further funds are released.Nachiket Mor, deputy managing director of ICICI Bank, said, “We believe we can fully comply with the norms and our MFI partners need a higher level of automation to do so.
economictimes.indiatimes.com /Finance/MFIs_face_cash_crunch_as_ICICI_Bank_holds_back_funds/articleshow/1587200.cms   (679 words)

  
 ICICI Bank News
ICICI Bank, the country's largest private lender, has signed an agreement to raise one billion dollars in yen-denominated loan from the overseas market.
ICICI bank has been showing continuous growth in its profits since second quarter of year 2006.
The country's second largest bank, ICICI Bank, is set to acquire The Sangli Bank, a 90-year-old, financially-weak private sector bank.
www.topix.net /com/ibn   (736 words)

  
 Icici Bank
ICICI Bank was one of the first Banks to join the INFINET or National Financial Switch (NFS) as commonly known, which has been set up by the Institute for Development and Research in Banking Technology (IDRBT).
The Bank was registered a banking company on January 5, 1994 and received its banking license from the Reserve Bank of India on May 17, 1994.
ICICI Bank is expected to float the issue in the first week of the April.
www.lycos.com /info/icici-bank.html   (637 words)

  
 ICICI Bank + Bank of Madura = ?
The proposed merger between ICICI Bank and Bank of Madura (BoM) is a remarkable one.
The pre--merger status of ICICI Bank is as follows: it had liabilities of Rs.12,073 crore, equity market capitalisation of Rs.2,466 crore and equity volatility of 0.748.
Thus, ICICI bank had assets which are 9.7% ahead of liabilities, which is roughly consistent with the spirit of the Basle Accord, and has leverage of 5.37 times.
www.mayin.org /ajayshah/MEDIA/2000/icicibank-bankofmadura.html   (1108 words)

  
 ICICI Bank - Russia
Your ICICI Bank Credit Card will help incase of any unforeseen situations where a customer might require emergency cash/purchase in another country, incase of hospitalization of a relative or any other situation which one may not be prepared for.
Limit calculation is at the sole discretion of ICICI Bank as per its internal rules.
Financial Planning : Your ICICI Bank Credit Card will also serve as your financial adviser keeping a record of your transactions to help you evaluate your spending patterns on categories like fuel, dining, entertainment, travel, clothes etc. This can be vital information in your family budget and planning.
www.icicibankrussia.com /english/rb_creditcards.htm   (946 words)

  
 ICICI Bank Singapore :: Disclosure
ICICI Bank Limited has its registered office at "Landmark" Race Course Circle, Vadodara 390 007 and its Head Office at ICICI Bank Towers, Bandra-Kurla Complex, Bandra East, Mumbai 400 051 and is regulated by the Reserve Bank of India.
ICICI Bank Limited, Singapore Branch ("ICICI Singapore") is a branch of ICICI Bank Limited located at 9, Raffles Place, # 50-01, Republic Plaza, Singapore 048 619 and is additionally regulated by the Monetary Authority of Singapore.
Since ICICI Singapore is a branch of ICICI Bank Limited, the deposits placed with ICICI Singapore are also exposed to the sovereign risk of India.
icicibank.com.sg /sg_disclosure.htm   (441 words)

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