ICICI Bank Ltd (NYSE:IBN)

ICICI Bank Ltd. offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of commercial banking, retail banking, life and non-life insurance, project and corporate finance, working capital finance, venture capital and private equity, investment banking, asset management, broking and treasury products and services. The company operates through following segments: Retail Banking, Wholesale Banking, Treasury, Other Banking Business, Life Insurance, General Insurance and Venture Fund Management. The Retail Banking segment includes exposures of the bank, which satisfy the four criteria of orientation, product, granularity and low value of individual exposures for retail exposures laid down in the Basel Committee on banking supervision document international convergence of capital measurement and capital standards. The Wholesale Banking segment includes all advances to trusts, partnership firms, companies and statutory bodies. The Treasury segment includes the entire investment portfolio of the bank. The Other Banking Business segment includes hire purchase and leasing operations. The Life Insurance segment represents results of ICICI Prudential Life Insurance Co. Ltd. The General Insurance segment represents results of ICICI Lombard General Insurance Co. Ltd. The Venture Fund Management segment represents results of ICICI Venture Funds Management Co. Ltd. The company was founded on January 5, 1994 and is headquartered in Mumbai, India.