ICICI Bank
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About ICICI Bank

ICICI Bank offers a range of financial products and services to retail, rural, small and medium enterprises and corporate customers. The Bank delivers products and services through various channels including branches, ATMs, mobile phones and the internet. The Bank aims to offer a seamless omni-channel experience to customers. The Bank progressed on its journey of Bank to BankTech through the digital and technological transformation.
At ICICI Bank, technology is being integrated into every aspect, from delivering value to customers to optimising internal operations. We aim to grow our profitability within the guardrails of risk and compliance through a 360-degree customer-centric approach and by focusing on ecosystems and micro-markets. The principles of Fair to Customer, Fair to Bank and One Bank, One ROE will guide our operations. We focus on building a culture where every employee in the Bank serves customers with humility and upholds the values of brand ICICI. We aim to be the trusted financial services provider of choice for our customers and deliver sustainable returns to our shareholders.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 41.7k reviews | 3.9/5 based on 43.2k reviews | 3.7/5 based on 28.1k reviews | 3.7/5 based on 19k reviews |
Highly Rated for | Job security Skill development Company culture | Job security Skill development | No highly rated category | No highly rated category |
Critically Rated for | No critically rated category | Promotions | Promotions | Promotions |
Primary Work Policy | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 79% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.9 Good rated by 11.1k women | 3.7 Good rated by 9.2k women | 3.6 Good rated by 6.1k women | 3.6 Good rated by 4.2k women |
Rating by Men Employees | 4.0 Good rated by 28.8k men | 3.9 Good rated by 31.9k men | 3.8 Good rated by 20.9k men | 3.8 Good rated by 14.1k men |
Job security | 4.1 Good | 4.0 Good | 3.7 Good | 3.7 Good |
ICICI Bank Salaries
Deputy Manager
Relationship Manager
Credit Manager
Product Manager
Senior Officer
Deputy Manager Grade 2
Deputy Branch Manager
Phone Banking Officer
Chief Manager
Branch Manager
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ICICI Bank News
Watch out for these stocks: Zee, PNB, ICICI Bank, Macrotech Developers, Biocon, Vishal Mega Mart, Bata, SIL, Marine Electrical
- Zee Entertainment plans to raise ₹2,237.44 crore through convertible warrants, increasing promoter shareholding to 18.4%.
- Tanla Platforms approves a ₹175 crore share buyback at ₹875 per share.
- RBI extends term of ICICI Bank executive director Sandeep Batra for two years.
- Macrotech Developers changes name to Lodha Developers following a trademark dispute.
- Jio BlackRock Mutual Fund introduces BlackRock's investment analytics platform Aladdin.
- Several companies bid for coal mines in the 12th round of commercial coal mine auction.
- Biocon opens Qualified Institutional Placement issue to raise ₹4,500 crore.
- Promoter entity of Vishal Mega Mart likely to sell a 10% equity stake through block deals.
- Reliance Industries sells 85 lakh shares of Asian Paints for ₹1,876 crore.
- Bata Group appoints Panos Mytaros as new Global CEO, succeeding Sandeep Kataria.
- SIL Investments board approves granting a ₹15 crore unsecured loan to Morton Foods Ltd.
- Marine Electricals receives a ₹5.71 crore order from Indian Navy for an Integrated Bridge System.
- Industry news reported on June 17, 2025.

RBI Approves Reappointment Of Sandeep Batra As ICICI Bank Executive Director
- The Reserve Bank of India has approved the reappointment of Sandeep Batra as the executive director of ICICI Bank Ltd. for a period of two years.
- Batra's reappointment is subject to approval from the company's shareholders as per an exchange filing on Monday.
- RBI also approved the reappointment of Rakesh Jha as the bank's executive director for a two-year period starting from Sept. 2, 2025.
- In May, RBI penalized ICICI Bank for non-compliance with regulations, imposing a penalty of Rs 97.8 lakh.
- ICICI Bank's shares closed 0.76% higher at Rs 1,426.90 apiece on the NSE, showing a 27.08% rise in the last 12 months and a 11.33% rise year-to-date.
- Of 53 analysts tracking ICICI Bank, 50 have a 'buy' rating on the stock, while three recommend 'hold', with an average price target implying a potential upside of 14.7%.

Stocks To Buy On June 13: Check Brijesh Ail's Top Stock Picks For Today
- Brijesh Ail shared his top stock picks for Friday the 13th, including Max Health, Voltas, and Eveready.
- The NSE Nifty 50 and BSE Sensex experienced a steep decline at market open following the Air India plane crash in Ahmedabad, with banking stocks like HDFC Bank Ltd., ICICI Bank Ltd., and State Bank of India leading losses.
- As of 12:40 p.m., Nifty 50 traded 0.79% lower at 24,692.60, and Sensex traded down by 0.79% at 81,050.47.
- Brijesh Ail recommended buying Max Health at Rs 1,200 per share with a target price of Rs 1,180 and a stop loss at Rs 1,265.
- For Voltas Ltd., Ail suggested buying at Rs 1,278 with a price target of Rs 1,330 and advised to book losses at Rs 1,260 per share.
- Ail also gave a 'buy' call for Eveready Industries India at Rs 326 per share with a target price of Rs 360 and a stop loss at Rs 312.
- Overall, Brijesh Ail's stock picks for the day are Max Health, Voltas, and Eveready.

Bangalore Airport In Talks To Raise About $1.1 Billion In Bonds
- Bangalore International Airport Ltd. is in talks to raise about $1.1 billion by issuing local currency bonds to refinance existing debt and fund expansion projects.
- The airport operator is in discussions with investors like State Bank of India, ICICI Bank, and Axis Bank.
- The proposed bonds could have a tenor of up to 15 years with an initially proposed coupon of 8.15%, subject to negotiations.
- India is focusing on airport development, with BIAL's airport in Bengaluru having the capacity to handle 51.5 million passengers annually.
- Indian airports are expected to spend over 600 billion rupees on capital expenditure between fiscal 2024 and 2027.
- The unlisted bonds from BIAL would not be common in India due to most primary bond sales being conducted through auctions on stock exchanges.
- ICRA rated BIAL with a triple-A grade considering its healthy improvement in operations scale.
- BIAL, partially owned by Fairfax Financial Holdings Ltd., declined to comment on the matter.
- Axis Bank, ICICI Bank, and State Bank of India did not immediately respond to requests for comments.
- The Reserve Bank of India slashing the benchmark rate by 50 basis points could influence the final coupon rate of the bonds.
- Terms for the bond issuance are not yet finalized.
- The fund-raising initiative aligns with India's airport development goals and growth priorities.
- The article does not qualify for web story generation due to its financial nature and lack of visually engaging elements.
- The news focuses on Bangalore Airport's bond issuance plans, investor discussions, and ratings considerations.
- ICRA's rating considers BIAL's operational growth and scale.
- The finance-related content and lack of visual elements may not be suitable for a web story.

ICICI Bank commits ₹550 crore to Tata Memorial Centre to expand cancer care in Visakhapatnam
- ICICI Bank is committing over ₹550 crore to fund the construction of a new facility at Tata Memorial Centre in Visakhapatnam dedicated to cancer care.
- The new state-of-the-art facility will span nearly 3.9 lakh square feet and be equipped with advanced medical technology.
- It will be an eight-storied building named ICICI Foundation Block for Child and Blood Cancer, expected to serve 3,000 patients annually, enhancing the center's capacity from 6,200 to 9,200 patients.
- The construction is set to be completed by 2027 and will include over 215 beds to accommodate patients.
- Pradeep Kumar Sinha, Chairman of ICICI Bank, expressed the bank's commitment to strengthening critical healthcare infrastructure by partnering with Tata Memorial Centre.
- ICICI Bank's Executive Director, Sandeep Batra, highlighted the bank's initial commitment of ₹1,200 crore to TMC and the additional ₹550 crore to meet the current needs, bringing the total commitment to ₹1,800 crore.
- Umesh Mahantshetty, Director of Homi Bhabha Cancer Hospital & Research Centre in Visakhapatnam, expressed gratitude to ICICI Foundation for their donation, emphasizing its significant impact on cancer treatment and research in the region.

Debt collection platform Credgenics’ profit triples to Rs 25 crore in FY25; revenue up 40%
- Debt collection platform Credgenics reported a profit tripling to Rs 25 crore in FY25, driven by the demand for efficient recovery mechanisms amid stress on unsecured loans and rising default rates.
- The company's revenue increased by 40% to Rs 220 crore in FY25 compared to the previous year, with a focus on reducing dependence on unsecured personal loan accounts.
- Credgenics offers a software-as-a-service platform for lenders to manage loan collections, automate processes, and enhance repayment facilitation.
- The company is working with public sector banks on technology-led collection solutions, capitalizing on new revenue streams.
- Credgenics collaborates with 160 clients, including private banks, NBFCs, fintechs, and asset reconstruction companies, with notable partners like HDFC Bank, ICICI Bank, and Reliance Asset Reconstruction.
- CEO Rishabh Goel emphasized leveraging technology to address the challenges of scaling loan books by enhancing collection efficiency.
- Credgenics aims for growth within existing accounts, expanding its PSB client base, and venturing into international markets like the Middle East.
- In 2023, the company secured $50 million in funding from investors, valuing Credgenics at $340 million.
- Competitors of Credgenics include SpoctoX, CreditNirvana, and Rezolv, employing data-driven models to predict borrower behavior and implement recovery strategies.

Prudential India Asset Manager Is Said To Near IPO Filing
- Prudential Plc’s Indian asset-management venture is close to filing preliminary documents with the local regulator for a proposed initial public offering that may fetch as much as 100 billion rupees ($1.2 billion).
- ICICI Prudential Asset Management Co.’s draft red herring prospectus is expected to be filed in the next three to four weeks.
- The company has hired 17 lead managers for the offering, potentially valuing the firm at about $12 billion.
- This IPO could be one of India's biggest this year, signaling a potential revival in the country's new-listings market, supported by a rally in Indian shares.
- ICICI Prudential is the country’s second-largest mutual fund manager by assets, a joint venture between UK-based Prudential and India’s ICICI Bank Ltd.
- Initially, ICICI Securities Ltd. and Citigroup Inc. were selected to arrange the listing; however, the asset manager has added 15 other banks, including Goldman Sachs Group Inc., JPMorgan Chase & Co., and Morgan Stanley.
- India's last billion-dollar IPO was Hexaware Technologies Ltd.’s in February.

MacBook Air M4 Price in India Falls Further
- MacBook Air M4 price in India has fallen further, now available for Rs 91,900 compared to the launch price of Rs 99,900.
- ICICI Bank card or Axis Bank cardholders can get a further discount of Rs 5,000, bringing the price down to Rs 86,900.
- Amazon is offering additional discounts and an exchange offer on the MacBook Air M4, making it a lucrative deal for users.
- While the MacBook Air M1 is available at a lower price, it is considered an outdated model suitable for basic tasks or specific user categories.

HDFC Bank cuts MCLR by 10 bps; ICICI Bank slashes FD rates
- HDFC Bank has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) by 10 basis points, now ranging between 8.90-9.10% across varying tenures.
- ICICI Bank has lowered its fixed deposit (FD) rates with a 25 bps cut offering 5.75% interest rate on 271 days-1 year deposits, among other revised rates.
- Following the RBI's 50 bps repo rate cut, HDFC and ICICI Bank's rate cuts align with the trend seen in other large public sector lenders, aiming at transmission.
- Banks are anticipated to reduce savings account interest rates by 25-50 bps in the coming period to manage surplus liquidity in light of revised lending rates.
Home Loan Interest Rates In June 2025: SBI, HDFC Bank, PNB, ICICI Bank And Others; Check Latest Rates
- The Reserve Bank of India announced a 50 basis points rate cut during the Monetary Policy Committee meeting, resulting in expected decreases in EMIs for home and other loans.
- After the rate cut, many banks are likely to lower their home loan interest rates, offering more attractive EMIs to customers.
- The inflation outlook for the Indian economy has stabilized, leading to the rate cut. Economic activity is anticipated to increase as consumer demand rises.
- Leading banks like SBI, PNB, ICICI Bank, and HDFC Bank are expected to revise their home loan interest rates following the RBI repo rate cut, providing further relief to consumers.

ICICI Bank Subsidiaries
ICICI Prudential Life Insurance
ICICI Lombard General Insurance Company
ICICI Securities
ICICI Home Finance
ICICI Direct
ICICI Foundation for Inclusive Growth
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