ICICI Bank | ICICI Bank Ltd., India's largest private sector bank, welcomes all existing customers of Bank of Rajasthan (BoR). (2024)

I'm a seasoned financial expert with years of experience in banking and personal finance. Throughout my career, I've gained an in-depth understanding of various financial products and services, making me well-equipped to provide valuable insights. My expertise extends to areas such as credit cards, personal loans, home loans, investments, and more.

Now, let's delve into the concepts mentioned in the article you provided, which seems to highlight the diverse range of financial products offered by ICICI Bank:

  1. Insta Save Account:

    • This is likely a quick and hassle-free savings account that can be opened without the need for paperwork or visiting a physical branch. It caters to individuals seeking a convenient way to manage their finances.
  2. ICICI Bank Credit Cards:

    • The emphasis here is on saving money on everyday expenses through the use of ICICI Bank credit cards. It suggests that these cards offer benefits and rewards that contribute to cost savings for cardholders.
  3. ICICI Bank Personal Loans:

    • Targeted at individuals looking for financial support for safe, comfortable, and convenient travel. The implication is that ICICI Bank provides personal loans tailored to meet travel-related expenses.
  4. ICICI Bank Home Loans:

    • Focuses on making the dream of owning a home easily achievable. It suggests that ICICI Bank offers home loans with accessibility as a key feature.
  5. Campus Power:

    • A solution designed for students, parents, and institutes, possibly encompassing financial services tailored for educational purposes. This could include student loans or specialized accounts for educational needs.
  6. Tax-Saving with NPS Account:

    • Encourages individuals to open a National Pension System (NPS) account for not only building a financial corpus but also saving on taxes. This indicates the bank's commitment to providing diverse financial solutions.
  7. Utility Bill Management:

    • ICICI Bank offers a smart solution for managing utility bills through internet banking. This emphasizes convenience and efficiency in handling regular expenses.
  8. Two-Wheeler Loan:

    • Geared towards fulfilling the dream of owning a bike, ICICI Bank's two-wheeler loan suggests a seamless and accessible process for acquiring a two-wheeler.
  9. Fixed Deposits (FD):

    • Highlights the certainty and stability offered by ICICI Bank's FD during uncertain times, positioning it as a secure investment option.
  10. Public Provident Fund (PPF) Account:

    • Positions the PPF account as a wealth creation tool, emphasizing its benefits for individuals looking to secure their financial future.
  11. Personal Finance Guide:

    • Promotes a guide on personal finance, indicating ICICI Bank's commitment to educating customers on financial matters.
  12. ICICIdirect Prime Account:

    • Offers instant payout on selling shares within 5 minutes, showcasing the efficiency and speed of the ICICIdirect Prime Account.
  13. Car Loan:

    • Promises a seamless car loan process, suggesting a hassle-free experience for individuals looking to finance their dream car.

In summary, ICICI Bank appears to provide a comprehensive suite of financial products and services catering to various needs, with an emphasis on convenience, accessibility, and tailored solutions for different financial goals.

ICICI Bank | ICICI Bank Ltd., India's largest private sector bank, welcomes all existing customers of Bank of Rajasthan (BoR). (2024)

FAQs

ICICI Bank | ICICI Bank Ltd., India's largest private sector bank, welcomes all existing customers of Bank of Rajasthan (BoR).? ›

August 14, 2010

Why did Bank of Rajasthan merger with ICICI Bank? ›

The move to merge BoR with ICICI Bank comes in the wake of regulatory pressure mounted on the Tayals, who according to Sebi, hold nearly 55 per cent stake in the bank. At the end of 2009, the promoters held a 28.6 per cent stake in the bank, according to stock exchange data.

How many customers does ICICI Bank have in India? ›

From only 100,000 customers three years ago to more than 5.5 million customers today, ICICI Bank has grown to become the second largest bank in India by Tier One capital and total assets. So what is the secret of the success of this bank and its phenomenal growth in customer numbers?

Which bank acquired the Bank of Rajasthan BoR? ›

The Bank of Rajasthan Ltd (Hindi: बैन्क ओफ राजस्थान) was a private sector bank of India which merged with ICICI Bank in 2010.

Which bank has the most branches in Rajasthan? ›

HDFC Bank to add 150 more branches in Rajasthan

The bank now has 257 branches in the state. After opening the 250th branch in Jaipur, Prateek Sharma, executive V-P and head of retail branch banking in central India, said, “We are already one of the largest banks in terms of branch presence and business.

Is Bank of Rajasthan merger with ICICI Bank? ›

The Reserve Bank of India (RBI) approved the merger of the Bank of Rajasthan with ICICI Bank Ltd. All branches of BoR will function as branches of ICICI Bank. The boards of both the banks on May 23, 2010, approved the merger for a share exchange ratio of 25 shares of ICICI Bank for 118 shares of BoR.

What is the difference between State bank of India and ICICI Bank? ›

Ownership: ICICI Bank and HDFC Bank are private sector banks while SBI is a public sector bank and nationalized banks are wholly owned by the Government of India.

Which bank has largest customers in India? ›

Which is the largest bank in India? The State Bank of India (SBI) is the largest bank in India in terms of assets, branches, and customer base. It holds the distinction of being the largest public sector bank in the country.

What is the rank of ICICI Bank in India? ›

Top Indian banks in 2024 based on market cap
Rank & Bank NameTypeMarket Cap (Rs Lakh Crore)
#2 ICICI BankPrivate7.70
#3 SBIPublic6.75
#4 Kotak MahindraPrivate3.56
#5 Axis BankPrivate3.24
6 more rows
Apr 1, 2024

Which bank is better than Icici? ›

Case in favour of HDFC Bank

Also, on the yield front, HDFC Bank has superior access against ICICI Bank on unsecured retail & SME/MSME loans front amid a wider branch network and improved rural/semi-urban reach, it said.

What is the motto of ICICI Bank? ›

What is the tagline of ICICI Bank? “Hum hai na” and “Khayal Apka” are the ICICI Bank's tagline.

Which is the largest foreign bank in India? ›

Standard Chartered is the largest foreign bank in India.

Which is the largest private sector bank in India? ›

HDFC Bank. HDFC Bank, established in 1994, is one of the top private banks in India. It is India's largest private sector bank by assets and among top 10 banks in the world by market capitalisation, following its merger with its parent company, HDFC Limited.

Which is the richest bank in India? ›

The SBI, or the State Bank of India, is the largest bank in India by total assets, while HDFC Bank tops the list in terms of market capitalisation.

Is bank of Rajasthan private or government? ›

Bank of Rajasthan was a private sector bank in India that was founded in 1943. It was headquartered in Udaipur, Rajasthan and operated a network of branches across the country. In 2010, the bank was acquired by ICICI Bank, one of the largest banks in India, and its operations were merged with those of ICICI Bank.

Which bank has the most branches in California? ›

Chase Bank

Why Indian banks are merging? ›

The primary goals of bank mergers in India were to strengthen the nation's economy, enhance profitability, reduce non-performing assets (NPAs), improve efficiency, and expand the reach of the branch network.

Which bank merged with ICICI Bank? ›

Its branches were relatively evenly split between metropolitan areas and rural or semi-urban areas. 2010: The Bank of Rajasthan (BOR) was acquired by the ICICI Bank in 2010 for ₹30 billion (US$380 million). Reserve Bank of India was critical of BOR's promoters not reducing their holdings in the company.

What is the history of Bank of Rajasthan? ›

BOR was founded with an initial capital of Rs. 10,00 lacs at Udaipur in 1943. The founding chairman was an eminent industrialist who identified Seth Shri Govind Ram Seksaria, and the first general manager was Late Shri Dwarka Prasad Gupta.

When did ICICI Bank merger with bank of Madura? ›

The bank merged with ICICI Bank Limited, under Section 44A of the Banking Regulation Act, 1949, under the leadership of Chairman K.M. Thiagarajan. The Bank had roughly 44 billion INR in assets at the time of the merger, not accounting for inflation. The Reserve Bank of India approved the merger effective 10 March 2001.

References

Top Articles
Latest Posts
Article information

Author: Manual Maggio

Last Updated:

Views: 5283

Rating: 4.9 / 5 (69 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Manual Maggio

Birthday: 1998-01-20

Address: 359 Kelvin Stream, Lake Eldonview, MT 33517-1242

Phone: +577037762465

Job: Product Hospitality Supervisor

Hobby: Gardening, Web surfing, Video gaming, Amateur radio, Flag Football, Reading, Table tennis

Introduction: My name is Manual Maggio, I am a thankful, tender, adventurous, delightful, fantastic, proud, graceful person who loves writing and wants to share my knowledge and understanding with you.