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ICICI Bank Limited is an Indian multinational bank and financial services company headquartered in Mumbai with a registered office in Vadodara.It offers a wide range of banking and financial services for corporate and retail customers through various delivery channels and specialized subsidiaries in the areas of investment banking, life, non-life insurance, venture capital and asset management.
ICICI Prudential Mutual Fund is an Indian asset management company founded in 1993 as a joint venture between ICICI Bank and Prudential plc. [4] It is the second-largest asset management company in India after the SBI Mutual Fund .
In 1998, ICICI Bank introduced internet banking to its customers. [20] India's online banking system includes the National Electronic Funds Transfer (NEFT) and Real-time Gross Settlement (RTGS), which are overseen by the Reserve Bank of India (RBI) and the Immediate Payment Service (IMPS), which is run by the National Payments Corporation of ...
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ICICI Prudential Life Insurance started its operations in 2001. The life insurance arm was established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited [10] with assets under management (AUM) of approx. ₹ 1 billion (US$12 million). [11] In 2005, the company crossed the mark of 1 million policies. [12]
In 2019, Zerodha became the largest retail stockbroker in India by active client base, overtaking ICICI Securities. It contributed up to 2% of daily retail volumes on Indian stock exchanges at the time. [11] In June 2020, Zerodha became a "unicorn" with a self-assigned valuation of around $1 billion based on an ESOP buyback. [12]
The subscribers should comply with the Know Your Customer (KYC) norms as detailed in the subscriber registration form. Should not be Un-discharged insolvent and individuals of unsound mind. A non-resident can open an account, but the account will be closed if the citizenship status of the NRI has been changed. [40]
ET Money is an Indian fintech and wealth management platform which was founded in 2015 . [2] It offers a variety of financial products and services, including mutual funds, insurance, fixed deposits, NPS and SIPs. [3]