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What is ICICI Bank Vellore?
ICICI Bank Vellore is the operational area of Icici Bank that was established in 1994. The bank was established by the Industrial Credit and Investment Corporation of India. It is the largest private sector bank in India that has a network 3,839 branches and of 11,943 ATM's. ICICI Bank is an Indian banking institution with total assets of Rs. 5,946.42 billion at March 31, 2014.
The Banking Company offers a wide range of financial services for retail and corporate customers through its delivery channels and subsidiaries in various areas such as investment banking, life insurance, non life insurance, asset management and venture capital. It is a worldwide banking company that operate branches in nineteen countries. ICICI Bank is one of the Big Four Banks of India along with State Bank of India, Punjab National Bank and Bank of Baroda. The bank serves customers by providing various financial services such as corporate banking, Credit cards, investment banking, private banking, wealth management, consumer banking and many more.
Network Area and Subsidiaries
The banking company operate various subsidiaries in Dubai, Hong Kong,Canada, United States, Singapore, Qatar, Sri Lanka, the United Kingdom and Russia. ICICI Bank has its representative offices in the Indonesia, South Africa, Thailand, United Arab Emirates, Malaysia and Bangladesh. The bank provides online services such as online banking, money transfer, internet banking and others to customers. According to 2012 records, the banking has employed with 81,254 employees.
Acquisitions and Awards
The bank acquired ITC Classic Finance, SCICI Limited, Anagram Finance in 1998, Investitsionno-Kreditny Bank that is a Russian bank in 2005, The Darjeeling and Shimla branches of Grindlays Bank, Sangli Bank and the Bank of Rajasthan that was acquired in the year of 2010 for 30 billion. The ICICI Bank received awards like Best Bank in India Award presented by Euromoney Magazine, the Euromoney Award 2007 for the Best Bank in the Asia-Pacific Region, Airtel ICICI among 'top 100 global brands', etc.