Starting in 1955 as the Industrial Credit and Investment Corporation of India, ICICI Bank’s foundation was supported by the World Bank and, Government of India. and Indian Industry. The aim behind this was to provide long-term project funding. Then, in 1994, the bank was established as a wholly owned subsidiary, and this marked its entry into commercial banking. Further, it expanded into retail and corporate banking services.
ICICI Net Worth, Share Price, Revenue
By 1999, it became the 1st Indian and non-Japanese Asian bank that was listed on the New York Stock Exchange. Over the years, the bank has pioneered digital banking in India by launching innovative products and expanding internationally. Additionally, the 2002 merger of ICICI with ICICI Bank brought with it the wholesale and retail banking operations.
Spreading its reach far ahead, the ICICI Bank holds a market capitalization or net worth of ₹10.38 trillion (about $122 billion), a share price of approximately ₹1,439, and reported consolidated annual revenue of ₹1,86,331 crore (about $22.4 billion).
NAME | ICICI |
---|---|
Founder/CEO | Founder: Industrial Credit and Investment Corporation of India (ICICI) CEO: Sandeep Bakhshi |
Net worth | $122 billion ₹10,38,000 crore |
Valuation | $122 billion ₹10,38,000 crore |
Revenue | ₹1,86,331 crore $22.4 billion |
Stock price | ₹1,427 (BSE, June 2025) $32.89 (NYSE, June 2025) |
About ICICI
In 1955, World Bank, the Government of India, and Indian industry leaders collaborated and founded the Industrial Credit and Investment Corporation of India (ICICI), aiming to provide medium- and long-term project financing to support industrial development in India.
In 1990s, India’s financial sector was liberalized and ICICI transformed into a diversified financial services provider and expanded beyond project finance. With becoming wholly-owned subsidiary in 1994, the bank grew its national footprint.
ICICI Bank’s landmark moment was when it became the first Indian and non-Japanese Asian bank to be listed on the New York Stock Exchange. Today, the it is one of
ICICI Net Worth and Valuation
As per Banking Unfold, the net worth of ICICI Bank is ₹2.92 trillion (US$35 billion), reflecting the total market value of its outstanding shares and positions.
ICICI Revenue
For the current fiscal year, ICICI’s reported total operating income (revenue) of ₹1,964 trillion, marking a 16.8% increase from the previous year, according to Companies Market Cap. In dollars the ICICI revenue is $22.98 trillion USD. ICICI’s strong revenue growth is because of its robust loan expansion, higher net interest income, and non-interest income.
ICICI Share Price and Market Share
As of today, ICICI’s share price is ₹1,457.90 on Indian exchanges and $33.87 on the New York Stock Exchange. With this, the bank holds a leading position in India’s private banking sector and ranks among top 3 private banks in the country.
Owner Net Worth
Since ICICI Bank was founded in collaboration of major entities, and it is traded in national and international markets as a publicly listed company, it does not have a single owner. However, it does have shareholders owning a significant number of shares which marks their controlling power in the company.
The largest shareholders are as follows:
- Foreign institutional investors (holding 45.82%)
- Mutual funds (29.86%)
- The Life Insurance Corporation of India (6.8%)
- Individual investors hold about 7.17% of the shares
And as there are no controlling individuals or promoter holdings, so owner’s net worth cannot be determined.
Investments and Acquisitions
Primarily, investments and acquisitions of ICICI Bank focuses on a wide range of financial products and services. With ICICI Prudential Mutual Fund, it became a leader in mutual funds and manages several top-performing funds like the ICICI Prudential Bluechip Fund, Smallcap Fund, Technology Fund, and ELSS Tax Saver Fund.