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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.
The company was founded in 1993 as a joint venture between Indian ICICI Bank and UK insurance company Prudential plc.By 1998, it had two locations and six employees. ICICI Prudential Mutual Fund's corporate headquarters are in the Bandra Kurla Complex in Mumbai.
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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).
ET Money was founded in 2015 by Mukesh Kalra, who earlier founded the fintech company Moneysights in 2009, which was later acquired by Times Internet in October 2014. . Moneysights was backed by ex-HP and IBM executive Prasad Duvvuri, Blume Ventures and Naveen Tewari of
Motilal Oswal Financial Services was set up by Motilal Oswal and Raamdeo Agrawal as a broking house in 1987. [5]The company entered into investment banking in 2005, followed by private equity fund in 2006.
Named after Rajiv Gandhi, the sixth Prime Minister of India, the scheme was announced by the finance minister, P. Chidambaram, on 21 September 2012. [2] The scheme was aimed at encouraging the flow of savings of small investors in the domestic capital market, and presents investors with tax benefits provisioned as a new section, 80CCG, [ 3 ] in ...
Upon exit, subscriber re-invests a portion of the accumulated corpus is an annuity plan which provides the guaranteed lifelong pension. There are fifteen annuity service providers (ASPs) for subscribers to choose from.