ICICI Bank

ICICI Bank is a banking institution of India with headquarters in Mumbai. ICICI Bank is the largest private bank in India. The company offers insurance, bank accounts, loans, investments and other financial services.

2001 ICICI acquired the financial services company founded in 1943, Bank of Madura, whose subsidiaries Chettinad Mercantile Bank ( founded in 1933 ) and Illanji Bank ( founded in 1904 ) belong. The company's stock is in the main stock market index of India, the BSE Sensex Bombay Stock Exchange listed.

Since 2001, the company is pursuing an international expansion strategy. Acquisitions and mergers with banks followed by the opening of offices in the U.S., China, the Arab region and in the European Union.

The company was in India under harsh criticism from consumer advocates and human rights organizations, as it should have used in the past to violent debt collector.

Since March 2008, ICICI Bank in Germany (Frankfurt am Main ) is present and offers a savings account and term deposit investment products on the German market. As of 2011, retail deposits to 85,000 pounds over the British deposit insurance Financial Services Compensation Scheme ( FSCS ) are secured ( 2010: £ 50,000 ). Larger sums are protected to 15,000,000 euros per investor in the Deposit Protection Fund of the Association of German Banks.

Furthermore, the offer of ICICI Bank 's German subsidiary aimed at businesses that are active in the European-Indian goods and services.

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