ICICI Bank’s journey through seven decades

As ICICI Bank enters its 70th year, the bank has come out with a video encapsulating its journey over the years in serving the nation.

The bank’s predecessor, the Industrial Credit and Investment Corporation of India (ICICI), was born on January 5, 1955 through a collaboration between the Reserve Bank of India and the World Bank, as part of the independent India’s endeavour to foster growth of indigenous industries.

Throughout the years, ICICI played a crucial in bolstering India’s industrial sector by providing financial assistance to companies across industries, and helped settings up pioneering institutions which would eventually revolutionise various sectors of the economy.

Set up on January 5, 1994, ICICI Bank has always been at the forefront of technological innovation. In 2002, merger of ICICI Limited and ICICI Bank made the institution a universal bank offering a wide spectrum of retail and corporate financial services.

Beyond banking, ICICI Bank aims to create an enduring impact on the society and the environment. Efforts of the bank’s philanthropic arm, ICICI Foundation for Inclusive Growth, in providing affordable and accessible healthcare, creating rural livelihoods and supporting societal development have made a difference to millions of lives.