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ICICI Bank

Facts

Second Largest bank in India

It was formed in 1955at the initiative of the World Bank, the Government ofIndia and representatives of Indian industry.

The principal objectivewas to create a development financial institution forproviding medium-term and long-term project financing to Indian businesses.

ICICI Bank was originally promoted in 1994by ICICI Limited, an Indianfinancial institution, and was its wholly-owned subsidiary.

Till 1999, ICICI was the first Indian company and the first bank or financialinstitution from non-Japan Asia to be listed on the NYSE.

In January 2002, ICICI and ICICI Bank approved the merger of ICICIand twoof its wholly-owned retail finance subsidiaries, ICICI Personal Financial ServicesLimited and ICICI Capital Services Limited, with ICICI Bank.

Set up its international bankinggroup in fiscal 2002.

Current Scenario

Total Asset worth of 167659 croreas on 31stMarch 2005

562 Branches and 1910 ATMs throughout India.

Equity shares are listed in BSE & NSE in India and NYSE

At September 20, 2005, ICICI Bank, with free float market capitalization* ofabout Rs. 400.00 billion (US$ 9.00 billion) ranked third amongst all thecompanies listed on the Indian stock exchanges

International presence in USA,UK, Canada, Russia, Singapore, Bahrain. UAE,China, Bangladesh and South Africa.

Differentiators

Credit Ratings of Baa3(Moodys), BB+(S&P), CARE AAA ( CARE) andAAA+(ICRA) in fiscal 2005

Best Bank in India by Euromoney in fiscal 2005

Indias most customer-friendly bank by Outlook Money in fiscal 2005

Organisation Structure

Four principal groups Retail Banking

services for retail customers customers and small and medium scaleenterprises

Largest provider of retail credit in India

Wholesale Banking products and services for corporate clients

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