Brief profile

I C I C I Bank Ltd.
Website: www.icicibank.com

Industry Banking services

Industry P/E 13.87
ROC Reg. No. 21012
Incorporation Year 1994
Ownership I.C.I.C.I. Group

Registered office address

Landmark, Race Course Circle, Vadodara - Gujarat

Tel no.

Fax no.

ISIN Code INE090A01013

BSE Demat Code 532174

BSE Listing group A

NSE Scrip Code ICICIBANK

Face value (Rs) 10.00

Beta 1.38

Listed On Bombay , Calcutta , Madras , National , Varodara

 Company Background

ICICI Bank was promoted by the erstwhile Industrial Credit Investment

Corporation of India Limited (ICICI Ltd.) and the erstwhile Shipping Credit and
Investment Corporation of India Limited (SCICI Ltd.) by an initial capital contribution in
the proportion of 75:25 respectively. Pursuant to the merger of SCICI into ICICI, the
bank became the wholly owned subsidiary of the latter. ICICI reduced its stake in the
bank through a public offering of shares in 1998. Its American Depository Receipts
(ADRs) were listed on the New York Stock Exchange (NYSE) in 1999--2000.

In 2000--01, ICICI Bank acquired Bank of Madura by way of an all--stock

amalgamation. On 3 May 2002, ICICI merged with ICICI Bank. Two more companies --
ICICI Personal Financial Services and ICICI Capital Services (subsidiaries of ICICI)--
were brought under the merged entity. The merged entity emerged as the second largest
in terms of business size after State Bank of India.

In the third quarter of 2006--07, Sangli Bank was also merged with ICICI
Bank through an all--stock amalgamation. Sangli Bank, an unlisted private bank, came
with a network of 198 branches with 50 per cent of its branches located in rural and
semi--urban areas and the remaining located in metropolitan and urban centres. This
amalgamation helped ICICI Bank to enhance its rural reach in Maharashtra.

ICICI Bank has an international presence in 18 countries. It now has

subsidiaries in the UK, Russia and Canada, offshore banking units in Singapore and
Bahrain, an advisory branch in Dubai and branches in Bahrain, Hong Kong, Sri Lanka,
Belgium and Quatar. It also established international finance centres and representative
offices in the US, the UAE, China, Bangladesh, South Africa, Indonesia, Thailand and
Malaysia.

In August 2007, ICICI Bank signed a USD 200 million revolving line of
credit with the Export--Import Bank of Korea. As per this agreement the bank's Hong
Kong branch will avail the line of credit to finance foreign currency requirements of
Indian corporates and corporates of neighbouring countries having equity participation by
Korean companies or having business relationship with Korean companies. The bank also
signed a loan agreement totalling the yen--equivalent of USD 200 million with Japan
Bank for International Cooperation. Earlier in February 2007 ICICI Bank and
Raiffeisenlandesbank Oberosterreich (RLB) signed for cooperation in areas of banking
business, especially funding, commercial and syndicated credit business and cash
management services.

www.kotak.com

Industry Banking services

Industry P/E 13.87
ROC Reg. No. 38137
Incorporation Year 1985
Ownership Kotak Mahindra Group

Registered office address

36-38A, Nariman Bhavan, 227, Nariman Point, Mumbai - Maharashtra

Tel no. 66581100

Fax no. 22855577

ISIN Code INE237A01010

BSE Demat Code 500247

BSE Listing group A

NSE Scrip Code KOTAKBANK

Face value (Rs) 10.00

Beta 1.48

Listed On Bombay , Calcutta , National

Company Background

Kotak Mahindra Bank Limited was incorporated in 1985 as Kotak Mahindra

Capital Management Finance limited and was renamed as Kotak Mahindra Finance
limited in 1986. It was finally renamed as Kotak Mahindra Bank limited in 2003.

The promoters Kotak Mahindra group holds around 58 percent of the total share
capital of the bank, Institutional investors hold about 24%, while the Indian public holds
around 14 percent. The Chairman of the bank is Mr. K. M. Gherda and the Executive VC
and Managing Director is Mr. Uday Kotak.

The bank offers services in retail and corporate banking. In retail banking it offers
deposits such as saving and current accounts and term deposits. Retail banking also offers
loans such as personal and home loans. The investment services offered in the retail
banking range from fixed deposits to insurance, mutual funds to demat etc. To the retail
customers these above services are further facilitated with Net Banking, Phone Banking,
Home Banking, ATM Network, Mobile Banking etc. The corporate banking division
offers current accounts, asset reconstruction, trade finance, treasury products, investment
products etc. Trade finance includes - pre/post shipment credit, Letter of credit, Bank
Guarantee, bill and invoice discounting. Treasury products handle foreign exchange
transaction, and Money Market that include fixed income and derivative solutions. The
investment products of the bank include term deposits and mutual funds. The bank also
offers services to the NRI community.

The registered office of the bank is in Mumbai. The bank operates with 65
branches at 41 locations in the country.