History of ICICI Group
ICICI Group was founded in 1955 as the Industrial Credit and Investment Corporation of India (ICICI) to provide financing to industries in India. It was established as a joint venture between the World Bank, the Government of India and public sector banks. Over the years, it expanded into various financial sectors, including banking, insurance, and asset management, becoming a strong player in the Indian financial market.
In 1994, ICICI Bank was established and quickly grew into one of India’s largest and most trusted private banks. It gained popularity due to its customer-friendly services, digital banking solutions, and wide range of financial products. The bank introduced innovative services to make banking easier for people and businesses.
ICICI Group also made a big impact in the insurance sector with ICICI Prudential Life Insurance Company and ICICI Lombard General Insurance Company offering both life and general insurance products to customers. The group’s asset management business helps individuals invest their money across debt and equity instruments through mutual funds.
Key People in ICICI Group
- Sandeep Bakhshi: Managing Director & CEO, ICICI Bank
- Rakesh Jha: Executive Director, ICICI Bank
- Chanda Kochhar: Former CEO, ICICI Bank
- Ashvin Parekh: Independent Director, ICICIdirect
- Subrata Mukherji: Independent Director, ICICIdirect
- Vijayalakshmi Iyer: Independent Director, ICICIdirect
- Dr. Gopichand Katragadda: Independent Director, ICICIdirect
- Ajay Saraf: Executive Director, ICICIdirect
- Sandeep Batra: Executive Director, ICICI Bank
- Ajay Gupta: Executive Director, ICICI Bank
How to Invest in ICICI Group stocks?
You can invest in ICICI Group stocks through online trading platforms like Upstox by following these steps:
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Open demat account: Register on Upstox and complete the necessary KYC verification.
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Deposit funds: Add money to your trading account
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Research companies: Study ICICI Group companies, evaluating their financial health and future growth potential.
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Purchase shares: Choose the stocks that match your investment goals and make the purchase.
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Track performance: Keep an eye on your investments and make changes as required based on market conditions.
