1994
 
 - The Bank was Incorporated on 5th January at Baroda.  ICICI Bank
 was
 promoted by ICICI and erstwhile SCICI Ltd. and received the
 Certificate
 for Commencement of Business on 24th February.  It does banking
 business of all kinds.  It was founded as an institution to provide
 quality banking services using state-of-the-art technology.
 
 - The Bank has established a well diversified branch network with 24
 branches in 15 centres covering 12 states.  The bank set up a fully
 computerised environment with the State-of-the-art technology at all
 offices continuously upgrading its strong systems and procedures
 with
 special emphasis on risk management.
 
 1996
 
 - The deposit products and other services of the bank were branded
 with
 names such as `Maxicash' for services accounts, `Money Plus' for
 Current Account, `Quantum' for fixed deposit account, `Power Pay'
 for
 payroll accounts treasure chest for locker facilities and `Trice'
 for
 automated teller machine facility.
 
 - The Bank had, in compliance with a directive issued by RBI,
 deposited
 in aggregate Rs 88.16 crores with small Industrial Development Bank
 of
 India and National Bank for Agricultural & Rural Development.
 
 - The `B' category branches were authorised to handle full range of
 foreign exchange transaction of customers and five other branches
 were
 placed in `C' category to handle limited foreign exchange
 transactions.
 
 - Seven branches of the bank with substantial foreign exchange
 business
 were linked to the society for worldwide Interbank Telecommunication
 (SWIFT) network which enables them to transmit Letter of Credit and
 fund transfer messages promptly world wide.
 
 - 700 No. of equity shares subscribed for by signatories to the
 Memorandum of Association.  1500,00,000 No. of equity shares
 allotted
 to ICICI Ltd.
 
 1997
 
 - The bank introduced electronic funds transfer facility.  The bank
 has
 a full fledged vigilance and inspection department.
 
 - The bank opened 11 branches and 2 extension counters thereby
 increasing the total network of branches to 33 and extension
 counters
 to 4.
 
 - The Bank offered 150,00,000 No. of equity shares of Rs 10 each at
 a
 prem., of Rs 25 per share to ICICI.
 
 - The Bank offered for sale 412,50,200 No. of equity shares of Rs 10
 each at a price of Rs 35 per share.
 
 - Sicom Ltd. has entered into an agreement with ICICI Bank and
 Dresdner
 Bank for providing a counter guarantee against letters of credits
 (LCs)
 opened by its clients.
 
 - The merger of SCICI with ICICI effective from April 1, the bank
 has
 become a wholly-owned subsidiary of ICICI.
 
 - ICICI Banking Corporation, a fully-owned subsidiary of Industrial
 Credit & Investment Corp of India Ltd, has finalised an offer for
 sale
 of 4 crore equity shares of Rs.10 each at a premium of Rs.30 per
 share,
 according to merchant banking sources.
 
 1998
 
 - ICICI Bank, which introduced Internet banking in India, is set to
 launch various technology-based new services in the near future. 
 Some
 of the new services include setting up of call centres and the
 introduction of fund transfers between own accounts in its branches.
 
 - ICICI Banking Corporation Ltd, the first bank in the country to go
 in
 for Internet banking, is now all set to provide its account-holders
 with the facility of transferring funds across their accounts on the
 Net.
 
 1999 - ICICI Bank has signed an agreement to use the NCR switchmark
 technology for online-networking all its ATMs, the officials said
 they
 network would come into place in September.
 
 - ICICI Bank recently restructured its organisational structure by
 setting up strategic business units for retail banking, corporate
 banking and forex and treasury operations, as independent profit
 centres.
 
 - ICICI is all set to launch a 60-second television commercial on
 August 15, 1999.
 
 2000
 
 - ICICI Bank became the first Indian bank to list on the New York
 Stock
 Exchange with its 5-million American depository shares issue
 generating a demand book 13 times its size at .2 billion.
 
 - The Bank proposes to bring credit cards to the large, underserved
 population in rural and semi-urban areas.
 
 - SkyCell Communications Ltd, one of the two cellular service
 providers
 in Chennai, has launched `Sky Banking', for which the company has
 tied
 up with ICICI Bank and HDFC Bank.
 
 - The ICICI has announced the launch of mobile banking services for
 its
 customers, using the wireless application protocol (WAP) technology.
 
 - Ford India has tied up with ICICI Bank to introduce a scheme,
 enabling non-resident Indians (NRIs) to purchase a Ford Ikon car for
 their friends and relatives in India.
 
 - ICICI Bank has set up a ATM facility at a Indian Oil Corporation
 petrodiesel outlet at Chennai.
 
 - ICICI Bank has tied up with Chennai Telephones to provide Internet
 bill payment facility to its customers.
 
 - ICICI Bank has tied up with the Siddhivinayak temple trust to
 enable
 the bank's infinity (Internet banking) customers to order and pay for
 a
 pooja online, on the occasion of Aangaraki Chaturthi.
 
 - The Bank proposes to extend its area of operation by opening about
 35
 to 40 offices and extension counters during the current fiscal
 subject
 to the Reserve Bank of India's approval.
 
 - ICICI Bank will launch a slew of new schemes in the personal
 segment
 ranging from launch of co-branded credit cards to providing loans
 against share within the next three months.
   
 - The Company has offered higher rates of interest on its regular
 income bonds and multiplier bonds while pruning it on tax saving
 bonds.
  
 - The Finance portal India Infoline has tied up with ICICI Bank and
 HDFC Bank for banking back-ends.
 
 - Tata Teleservices Ltd. has tied up with ICICI Bank and Global
 Trust
 Bank to enable its customers to use Internet banking facilities for
 the
 payment of telephone bills.
 
 - ICICI Bank will provide credit for online transactions over
 chem-B.com, the online trading site for chemicals and chemical
 products, launched by Chembazaar Online Pvt. Ltd.
 
 - ICICI became the first financial institution to go for placement
 of
 dematerialised debt securities.
 
 - Mumbai-based ICICI Bank launched its Kid-e-bank facility in
 Bangalore.
  
 - ELECTRICMELA.com, the B2B portal for the electrical industry is
 entering into an alliance with ICICI Bank for payment gateways.
 
 - Spice Cell has tied up with Citibank N A, HDFC Bank and ICICI Bank
 for mobile bill settlements
 
 - ICICI Bank and UAE Exchange Centre have entered into a wire
 transfer
 arrangement, for electronic and telex transfer of funds.
 
 - The Bank has tied up with MunshiKaka.com to provide value added
 services to its customers.
 
 - ICICI has signed a tripartite agreement with Amitabh Bachchan
 Corporation Ltd. and Mr. Amitabh Bachchan, appointing him as its
 brand
 ambassador.
 
 - The new generation ICICI Bank has extended its business multiplier
 scheme to current account holders in Coimbatore.
 
 - ICICI Bank has launched the Business Multiplier Account in Kerala.
 
 - The swap ratio for the merger of Bank of Madura (BoM) with ICICI
 Bank
 has been pegged at 1:2 i.e., two shares of ICICI Bank for every one
 share of BoM.
 
 - The Kerala Government has joined hands with ICICI Bank to
 introduce
 Internet banking facility in the State's public sector undertakings.
 
 - ICICI Bank launched its debit card under the brand name
 ICICIN-cash.
 
 2001
 
 - ICICI Is all set to become the first domestic financial
 institution
 to get a financial strength rating by the Moody's Interbank Credit
 Services, the bank credit rating arm of the international credit
 rating
 agency Moody's Investors Services.
 
 - The Bank of Madura (BOM) got merged with ICICIBK. The share
 exchange
 ratio was fixed at two shares of ICICIBK for one share of BOM. With
 this merger ICICIBK has become one of the largest private sector
 banks
 in India. Commenting on the merger Shri H N Sinor, Managing Director
 and CEO ICICIBK said that This merger would lead to considerable
 synergies in the operations of the merged entity and would benefit
 the
 customers and other stakeholders.
 
 - ICICI Bank and Deutsche Bank have entered into a long-term rupee
 interest rate swap benchmarked to Government bond yields.
 
 - ICICI Bank has tied up with Advantage E- Accounting to offer an
 on-line taxation and personal finance services along with off-line
 services like filing.
 
 - The Bank has entered into a wire-transfer arrangement called
 `Money2India' with the United Arab Emirates largest foreign exchange
 house for transfer of funds to India.
 
 - ICICI emerged as the largest fund mobiliser during 2000-01 by
 privately placing debts with more than one year tenure for Rs 6,413
 crore, even as public sector State Bank of India placed the single
 largest placement of the year for Rs 2,500 crore, according to Prime
 Database.
 
 - ICICI Bank and BPL Mobile have tied-up to launch a co-branded
 credit
 card. To be named ICICI bank-BPL Mobile Credit Card, the card will
 be
 operational by the end of August this year.
 
 -ICICI Bank has launched its interactive touch screen kiosk 'Sparsh'
 at
 its automated teller machine (ATM) centres and branches allowing
 free
 access to its online services.
 
 
 - ICICI Bank has introduced a Web-based product that facilitates
 on-line conclusion of forex deals in the city.
 
 - ICICI Bank has launched its hundredth ATM in Mumbai. With this,
 the
 bank will have a network of 574 ATMs spread across 54 cities.
 According
 to a press release, ICICI Bank continues to focus attention on newer
 functions that will enable the ATM network to be a key tool of its
 customer acquisition and retention strategy.
 
 - ICICI Bank launched its 100th ATM in Mumbai at the bank's branch
 in
 Nariman Point. The bank now has a network of 574 ATMs spread over 54
 cities in India.
 
 - Visa international and ICICI bank on September 10 announced a
 pilot
 programme for facilitating e-commerce in the country.
 
 - As part of its drive to introduce alternate delivery channels,
 ICICI
 Bank has launched mobile banking facilities in conjunction with
 Spice
 Communications.
 
 - ICICI Bank has aligned the compensation structure of officers of
 Bank
 of Madura and made it performance-linked in line with ICICI Bank
  
 - The ICICI Bank, Teynampet, Chennai, has been directed by the
 District
 Consumer Disputes Redressal Forum, Chennai (South) to pay a
 compensation of Rs 50,000 to a credit-card holder of the bank for
 `deficiency in service'.
 
 - In the run-up to the reverse merger with ICICI Bank, ICICI has
 slashed its management grades to have an identical administrative
 structure like that of the banking subsidiary. ICICI had changed its
 management structure by combining two levels and cutting down the
 management structure to eight levels.
 
 - ICICI Bank plans to tap the debt market to raise Rs 350 crore for
 meeting Tier-II capital requirements.
 
 - ICICI Bank and BPL Mobile have tied-up to launch a co-branded
 credit
 card. To be named ICICI Bank-BPL Mobile Credit Card.
 
 - The bank has developed multiple access channels comprising lean
 brick
 and mortar branches, ATMs, call centers and Internet banking. As on
 June 2001, the bank had a network of 357 branches and 37 extension
 counters. Its network of 546 ATMs is the largest in the country
 accounting for nearly 18% of all ATMs in the country. Customers in
 37
 cities can now access account information over the telephone. These
 investments in channel infrastructure have enabled the bank to
 achieve
 rapid growth in its retail business.
 
 2002
 
 - CICI Bank Ltd has informed that the Board of Directors inducted
 Shri
 N Vaghul, as an Additional Director on the Board of the Bank.
 non-executive whole-time director and also the non-executive
 Chairman
 of ICICI Ltd.
 
 - The board of directors of ICICI Bank and ICICI in separate meeting
 at
 Mumbai, approved the merger of ICICI with ICICI Bank. The merger of
 two
 wholly-owned subsidiaries of ICICI, ICICI Personal Financial
 Services
 and ICICI Capital Services, with ICICI Bank was also approved by the
 respective Boards.The high courts of Mumbai and Gujarat, and the
 Government of India (GOI) as may be required. Consequently, the
 appointed date of merger is proposed to be March 31, 2002, or the
 date
 from which RBI's approval becomes effective, whichever is later.
 
 - The scheme of amalgamation envisages a share exchange ratio of one
 domestic equity share of ICICI Bank for two domestic equity shares
 of
 ICICI. As each American Depositary Share (ADS) of ICICI represents
 five
 domestic equity shares while each ADS of ICICI Bank represents two
 domestic equity shares, the ADS holders of ICICI would be issued
 five
 ADS of ICICI Bank in exchange for four ADS of ICICI.
 
 -ICICI Bank Ltd has informed BSE that Reserve Bank of India on April
 26, 2002 approved the merger of ICICI Ltd and two of its wholly owned
 subsidiaries, ICICI Personal Financial Services Ltd and ICICI Capital
 Services Ltd with ICICI Bank Ltd.
 
 -ICICI Bank acquires Shimla and Darjeeling Branches from Standard
 Chartered Grindlays Bank.
 
 2002-ICICI Bank sells 3 million equity shares of Bhushan Steel.
 
 -ICICI Bank Ltd has sold 2,75,000 equity shares of Bhushan Steel &
 Strips Ltd on August 07, 2002 at Rs 35 per share on spot delivery
 basis.
 
 -S&S Power Switchgear Ltd has informed BSE that ICICI bank has
 appointed Mr S C Bhatia as Nominee director on Board of the Company
 with effect October 24, 2002.Further the Board has accepted the
 resignation of Mr A R Santhanakrishna as director with effect from
 August 18, 2002.
 
 -BPL Ltd has informed BSE that ICICI Bank Ltd has nominated Mr V A
 Raghu as their nominee on the Board of the Company with effect from
 September 30, 2002.
 
 -ICICI Bank Ltd has informed that the Government of India has
 nominated Ms Vinita Rai, Secretary (Banking & Insurance) as the
 Government Nominee on the Board of the Bank in place of Mr D C Gupta
 with effect from October 31, 2002.
 
 -Launches  eCheques facility for its internet banking
 
 -Moody's upgrades ICICI's Rating above India's Rating
 
 -Enters into agreement with Bharti Cellular paving consumers to
 recharge the Bharti's pre-paid cash cards (Magic) at ICICI ATM
 machines
 
 -Launches a scheme called `Mutual Fund Sweep Account' which enables
 its customers to invest surplus funds in their current accounts in
 high-liquidity mutual funds through an automatic sweep facility
 
 -Clinches a deal with the govt. of Karnataka for partial payment of
 services
 
 -High Court approves ICICI, ICICI Bank merger
 
 -RBI approves ICICI Bank--ICICI merger
 
 -Deposits Rs 3,000 cr with RBI to meet Cash Reserve Ratio (CRR)
 requirements
 
 -Placed itself as a one-stop financial solutions supplier with a
 branch out and de-risked business model. ICICI Bank - with ICICI,
 ICICI Personal Finance Services and ICICI Capital merged with itself
 - is the biggest private sector bank in the nation with a balance
 sheet size of Rs 1,04,000 crore, capital adequacy of 11.44 per cent,
 500 outlets and 1,005 ATMs
 
 -Ties up with Bharti for pre-paid mobile cards via ATMs
 
 -BPL Mobile and ICICI Bank tie up to enable to recharge BPL's prepaid
 cellular service ability (branded `mots') at any of the bank's 1000
 plus ATMs across the nation
 
 -K V Kamat appointed MD and CEO, Lalita D.Gupte Joint MD
 
 -Ties up with NCR Corporation, ATM manufacturer
 
 -Merged ICICI Bank makes debut on BSE and NSE
 
 -Rallis terminates contract farming agreement with ICICI Bank
 
 -Allots equity shares to erstwhile equity shareholders of ICICI
 
 -ICICIdirect.com, the brokerage arm, launches online trading in
 derivatives
 
 -Put on sale the land held by Pal Peugeot - the defunct joint venture
 between Premier Automobiles and Peugeot
 
 -Introduces first home loan securitisation scheme of Rs 58 crore
 
 -Buys 190 Ajmera reisdential flats for Rs 37 cr
 
 -Sanctions debt restructuring package to Alufluoride Ltd.
 
 -Takes over Shimla and Drajeeling branches of Standard Chartered
 Bank
 
 -Bank of India (BoI) ties up with ICICI Bank to utilize former's wide
 branch network covering 1,000 branches for the latter's cash
 management services
 
 -ICICIdirect.com unveils Direct Alerts
 
 -AirTel, in tie-up with the ICICI Bank, declares the launch of
 re-charge facility for the AirTel Magic pre-paid cards on ICICI
 Bank's ATM network in the twin cities of Hyderabad & Secunderbad in
 Andhra Pradesh
 
 -Replaces Rs 7000 cr high cost borrowings of ICICI
 
 -Sets up Private Banking Division to target high net worth
 individuals
 
 -Bags Best Internet Bank award by Global Finance, organiser of the
 World's Best Internet Bank Awards 2002
 
 -Ties up with IL&FS Mutual Fund to offer to mutual fund products
 online
 
 -Gets Debt Recovery Appellate Tribunal (DRAT) approval to divest
 Daewoo's Surajpur assets
 
 -Figures among the Top 1000 world banks
 
 -Soma Textile Board allots Optionally Fully Convertible Debentures
 (OFCD) to ICICI Bank aggregating Rs 3.22 cr.
 
 - Classifies loans to Dabhol Power Company as NPAs
 
 -Unveils mobile banking alerts
 
 -Srei International Finance Ltd (Srei) forays into debt
 securitisation alliance with ICICI Bank
 
 -ICICI Bank bags UK Banker Magazine award
 
 -Introduces Roaming Current Account, a new current account product
 
 -Launches call centre in Hyderabad
 
 -Hamblin Watsa Investment Council acquires 42.31 million equity
 shares of ICICI Bank
 
 -101.4 million shares of ICICI Bank held by ICICI Ltd. transferred to
 the ICICI Bank Shares Trust
 
 -ICICI Bank divests 16.5% stake for Rs 1,320 crore
 
 -Foreign holding in ICICI Bank reaches 62%
 
 -Lalbhais acquire ICICI's 10% stake in Amtrex Hitachi
 
 -Orcasia acquires 42.31 million equity shares of ICICI Bank
 
 -SBI, ICICI Bank feature among top 100 banks in Asia
 
 -ICICI Knowledge Park, Apollo Hospitals ink MoU
 
 -Launches chip-based credit card for transporters
 
 -ICICI Bank launches `Drivesmart' credit card for transporters
 
 -Buys 'Sobha Pearl' property in Bangalore owned by Sobha Developers
 for Rs 20 crore
 
 -Launches new initiative called '180 degree feedback'
 
 -Unveils 'eTransfer' for NRI's
 
 -ICICI Knowledge Park ties up with Apollo Hospitals
 
 -HDFC MF ties up with ICICI Bank for Any Time Mutual Fund (ATMF)
 service
 
 -Signs MoU with Food Ministry for optimal utilisation of Plan funds
 and to bring in professional appraisal in project financing
 
 -SBI divests 10 lakh shares of ICICI Bank
 
 -ICICI Bank, RPG  Cellular Services Ltd. in alliance for recharge
 facility at ATMs
 
 -Takes posession of Mardia Chemicals Unit under NPA Act
 
 -Ties up with co-operative banks for free-float funds
 
 -Introduces ATM in Bengali language
 
 -Takes over Patheja group assets under securitisation law
 
 -ICICI Bank Home Shoppe starts operations in Pune
 
 -Launches 'ATM on Wheels' in Mumbai
 
 -Euromoney Asia poll reports ICICI Bank as the best managed bank in
 Asia  in the category of banking and finance
 
 -Skoda Auto ties up with ICICI Bank to offer Skoda Monthly Instalment
 (SMI), rather than an equated monthly instalment, for its cars
 
 -Secures special one-time approval from RBI for issuing tax-free
 bonds worth Rs 2500 crore
 
 -Becomes the first Indian bank to launch a Resident Foreign Currency
 (RFC) account
 
 -ICICI Bank chairman Mr. N Vaghul heads Asset Reconstruction Company
 (ARC)
 
 -ICICI Bank, HPCL launch co-branded Visa Electron Debit Card
 
 -Launches `Welcome Kit' which will help the person, who opens an
 account with ICICI Bank to operate his account immediately
 
 2003
 
 -Launches micro-finance programmes
 
 -ICICI Onesource deploys new recruitment system
 
 -Sets up NRI advisory service
 
 -Singapore govt offloads 2-cr shares of ICICI Bank
 
 -Bank chief K V Kamath appointed head of finance panel for river
 linking project
 
 -Launches 'Give2India' to facilitate donations by NRIs
 
 -Comes out with a bond issue of Rs 400 crore
 
 -Installs Telugu language ATMs in Hyderabad
 
 -Launches 'ICICI Bank Pure Gold'-certified and tamper proof 24-carat
 pure gold coins in Chennai
 
 -Collects over Rs 1,200-cr via first bond issue
 
 -Obtains 'excellence in retail banking' award  instituted by the
 Singapore-based Asian Bankers Journal
 
 -ICICI Bank-led combine gets approval for Nationwide Multi Commodity
 Exchange (NMCE) set up
 
 -BioServe takes up about 3,000 sq.ft space at the ICICI Knowledge
 Park to set up a contract research lab
 
 -Sets up integrated currency management center in Pune
 
 -Rama Newsprint & Papers Ltd allots 5632129 no. of Equity shares to
 ICICI Bank Ltd on conversion right exercised by them
 
 -HDFC, ICICI buy 33-pc stake in Hindustan Coca-Cola Beverages, the
 Indian bottling subsidiary of the Atlanta-based carbonated soft
 drinks giant Coca-Cola
 
 -Reliance Info forges alliance with ICICI for bill receivables
 
 -Ties up with Employees Provident Fund Organisation to distribute
 pension across the country
 
 -Ties up with TeNet for micro-banking
 
 -Starts 12-hours banking services
 
 -ICICI Bank restructures organisational structure
 
 -Acquires the Credit Card Division of Tata Finance
 
 -Air India ropes in ICICI Bank as authorised dealers for hedging
 
 -ICICI Bank along with others set up Rs 800-cr India Advantage Fund
 
 -Records Rs 8000-cr securitisation during '02-03
 
 -Enters deal with Pramati Technologies to deploy Pramati Server
 Software
 
 -Tops NPA recovery list among domestic lenders
 
 -Unveils Pure Gold coins in Karnataka
 
 -Decides to scrap '97 series deep discount bonds
 
 -Obtains approval to set up Overseas Banking Units (OBU)
 
 -Communication ministry engages ICICI Bank, IIT to study viability of
 telecom firms
 
 -Unveils NRI remittance product in Canada
 
 -ICICI Bank, Amway launch co-branded international credit card
 
 -Picks up 25% shares in NCDEX (National Commodities & Derivatives
 Exchange)
 
 -ICICIdirect introduces tax-free Savings Bond '03 online
 
 -Videsh Sanchar Nigam Limited (VSNL) and ICICI Bank have announced a
 tie-up for the distribution of Tata Indicom`s dial-up Internet
 services
 
 -ICICI Bank offers rail ticket booking facility to its customers
 
 -Buys Apple Credit's 30-pc stake in Transamerica Apple Distribution
 Finance Ltd. (TADFL)
 
 -Takes over 100-pc of TADFL
 
 -Outgoing ICICI Bank Joint Managing Director Mr. H N Sinor becomes
 new chief executive and secretary of Indian Banks Association (IBA)
 
 -ICICI Bank, HDFC Bank tie up with  Indian Railway Catering and
 Tourism Corporation (IRCTC) for online rail bookings
 
 -ICICI Bank, DaimlerChrysler team up for new finance scheme
 
 -Gets Insurance Regulatory Development Authority (IRDA) nod for India
 Advantage Fund
 
 -Announces VRS, the first for the new generation private sector
 banks
 
 -Bags DM Review World Class Solution Award 2003
 
 -Enters into an institutional agreement with Dubai Bank wherein ICICI
 Bank would be the principal correspondent bank of Dubai Bank in India
 
 -Discontinues the contract with Bollywood Superstar Amitabh Bachchan
 since it finds him too expensive
 
 -Embarks on market making securitised instruments
 
 -Global Finance Magazine awards ICICI Bank as the Best consumer
 internet Bank in India
 
 -ICICI Bank empanelled for JNPT's Electronic Data Interchange (EDI)
 project
 
 -Signs option contract with BHEL
 
 -ICICI Bank's 1350 employees opt for VRS
 
 -Textile sector leads ICICI Bank's NPA
 
 -Approves 7.3 million options to its employees
 
 -Birla Tyres ties up with with ICICI bank to offer Rs 2 lakh life
 insurance benefit to the truck drivers on the purchase of every pair
 of tyres
 
 -Inaugurates its first Offshore Banking Unit (OBU) at SEEPZ Special
 Economic Zone, Mumbai
 
 -ICICI implements NCR solution (Cheque Mark PDC Module) for post
 dated cheques
 
 -ICICI Bank picks up Timesofmoney.com's e-filing service
 
 -ICICI Bank acquires 17.75% stake in NDTV
 
 -Launches 'Instra Transfer', an NRI remittance product, which will
 enable NRIs in the Gulf to transfer funds to India within two hours
 
 -Acquires 36,000,000 shares amounting to 12.65% of Himachal
 Futuristic Communications Ltd (HFCL)
 
 -Divests 0.31% shares in Federal Bank
 
 -Converts part of HFCL loan into equity shares giving 12.65% stake in
 the company
 
 -Inaugurates Singapore branch
 
 -Decides to take the service of Bollywood Superstar Amitabh Bachchan
 (Big B) on purely case-to-case basis
 
 -ICICI Bank in alliance with Federation of Automobile Dealers
 Association (FADA) unveils credit card for vendors to dealers and
 opens a business-to-business (B2B) section in FADA's Web site
 
 -West Coast signs agreement to acquire ICICI's 34 percent stake in
 Rama Newsprint & Papers Ltd. (RNPL)
 
 -Investmentz.com forges alliance with ICICI Bank  for offering
 payment gateway to its customers for real-time transfer of funds
 
 -Banker Magazine of UK confers its 'Best Multi-Channel Strategy 2003'
 and Bank of the Year 2003' awards to ICICI Bank
 
 -Instanex Skindia depository receipts index increases the index
 percentage of market capitalisation used for ICICI Bank to 95 per
 cent from 75 per cent
 
 -ICICI Bank in association with the Federation of Automobile Dealers
 Association (FADA) unveils a credit card for vendors to dealers and
 opens a business-to-business (B2B) section in FADA's Web site
 
 -Issues notice to Ponni Sugars (Orissa) Ltd. to take possession of
 the Balangir Sugar Mill
 
 - Allottment 287774 equity shares of face value of Rs.10/- each on
 October 13, 2003 under the Employee Stock Option Scheme.
 
 -ICICI bank gets Banker magazine awards for the year
 
 -Crisil assings highest ratings to instruments issued under ICICI
 Bank's securitisation programme
 
 -ICICI bank gets 'Best emerging market Bank ' award from the Global
 Finance Magazine
 
 -Mr. R Seshasayee who was appointed as Director on the Bank on May
 03, 2002 has tendered his resignation as a Director of the Bank.
 
 -ActionAid has signed up with ICICI to launch the Karm Mitra credit
 card
 
 -The trading of icici issued bond  October 2000- Tax Saving Bond -
 Option I ICICI1100 N1 (benefit u/s 88) was suspended
 
 
 -ICICI Bank  introduced foreign currency term deposit scheme for
 non-residents including NRI's at its offshore banking unit (OBU) in
 mumbai
 
 -ICICI tie up with Big Bazaar to introduce Co-branded Card
 specifically for Big Bazaar customers.
 
 -The company's asset-backed securities (ABS) worth Rs 835 crore on
 october 09 obtained highest safety ratings from Icra.
 
 -The company unveiled its global deposits scheme for individuals from
 its Singapore branch.
 
 -Tied up with SBI and HDFC to share ATM networks
 
 - Has set up representative office in Dubai
 
 -Allotted 166857 equity shares of face value of Rs.10/- each on
 October 20, 2003 under the Employee Stock Option Scheme.
 
 -ICICI Bank unveils global deposits
 
 -Five persons have been arrested on the charge of duping ICICI Bank
 of Rs 1.34 crore by encashing a cheque purported to have been  issued
 by Fortis Banque of France..
 
 2004
 
 -ICICI bank credit cards cross two million mark
 
 - ICICI Banks 300 million dollar Eurobond has been awarded for being
 the best bond issue of India and emerging Asian market during 2003,
 by two foreign magazines.
 
 -ICICI ePayments Ltd. has informed that they have acquired 8008357
 shares amounting to 69.99% of the total paid up capital of Tata
 Infomedia Limited
 
 -ICICI Bank Ltd has informed that the Bank has allotted 1,25,444
 equity shares of the face value of Rs 10/- each on December 22, 2003
 under the Employees Stock Option Scheme, 2000 (ESOS).
 
 -The government has allowed ICICI Bank to keep the Rs 350 crore
 20-year preference shares (subscribed to by ITC) in its books for
 five years.
 
 -ICICI Bank Ltd has informed that the Bank has allotted 73,980 equity
 shares of the face value of Rs 10/- each on December 29, 2003 under
 the Employees Stock Option Scheme, 2000 (ESOS).
 
 -Bahrain Monetary Agency issues licence to ICICI Bank's overseas
 unit. It also extended a special concession for offering NRI banking
 services in the island nation as well as in the international
 markets
 
 2004
 
 -ICICI Bank inks pact with Mohan Bagan to unveil co-branded credit
 card
 
 -ICICI-Overdrive awards for Honda City, Bajaj Pulsar
 
 -ICICI Bank ties up with Air Deccan
 
 -ICICI Bank opens new premises in Mangalore
 
 -ICICI Bank unveils mobile ATM in Kerala
 
 -ICICI Bank unveils International fixed deposit scheme at Singapore
 branch
 
 -ICICI Bank acquires numero uno position in new remittance shceme
 
 -ICICI Bank sets up ATM in Thiruvananthapuram
 
 -ICICI Bank launches its new home Loan Scheme With Variable EMI
 
 -ICICI Bank Ltd has informed that the shares of the Bank are delisted
 from The Delhi Stock Exchange Association Limited with effect from
 February 11, 2004.
 
 -ICICI Bank, Mohun Bagan launch co-branded credit card
 
 -The world's largest micro-finance securitisation deal of .3mn
 completed between ICICI Bank and Share Microfin Ltd., a Hyderabad
 based microfinancing organisation
 
 -ICICI Bank signs a memorandum of understaning with Jammu and Kashmir
 Bank to share the ATM network.
 
 -ICICI Bank and Andhra Bank have announced a tie-up, that enables
 sharing of their ATM networks.
 
 -Global Finance magazine has named ICICI Bank as one of the Best
 Emerging Market Banks Asia in an exclusive survey to be published in
 the May 2004 issue.
 
 -Comes out with a public offering of equity shares at a price of Rs
 280 to raise Rs 3500 crore with a greenshoe option of Rs 450 crore
 
 -ICICI Emerging Sector, the private equity arm of ICICI Bank, has
 acquired a 54 per cent stake in the Bangalore-based Arvind Brands,
 the apparel arm of the Sanjay Lalbhai-promoted Arvind Mills,
 
 -ICICI Bank unveils Car Overdraft facility
 
 -ICICI Bank, SBI, LIC in pact for Rs 20,000-cr projects
 
 -ICICI Bank and Punjab National Bank have signed a memorandum of
 understanding (MoU) for ATM network sharing, giving customers an
 access to over 2,200 ATMs in India. 
 
 - ICICI Bank unveils co-branded credit card ICICI Bank Ebony
 
 -ICICI Bank has won the best bank award instituted by Asia money in
 the category of best domestic commercial bank in India
 
 -ICICI Bank has bagged the prestigious award of  'Best Retail Bank in
 India' in the category 'The Asian Banker Excellence in Retail
 Financial Services Program 2003'
 
 -ICICI Bank-Aircel jointly unveil new co-branded credit card
 
 -Life Insurance Corporation acquires 16,370,009 shares constituting
 2.23% of voting rights in the company, increases its stake to
 73,382,324 shares constituting 10.09% of voting rights
 
 -Punjab and Sind Bank (PSB) and ICICI Bank on July 02 announced the
 launch of co-branded credit card that will be available in three
 variants - Gold, Silver and Blue credit card
 
 -ICICI Bank in association with Reliance Infocomm has launched an
 interactive mobile banking service in India
 
 -ICICI Bank unveils multi-branded card
 
 -ICICI Bank has introduced a pre-approved personal loan product for
 Global Trust Bank (GTB) customers
 
 -ICICI Bank bags Internet awards from Global Finance magazine
 
 -ICICI Bank Home Loans and ICICI Bank Home Search have launched `Home
 Utsav', a property exhibition at the Institute of Engineers
 
 -ICICI Bank Ltd on August 9, 2004, opened its representative office
 in Dhaka further increasing its international presence. In light of
 the significant bilateral trade links between the two countries, the
 bank greatly values the need to have an on-the-ground presence
 
 -ICICI Bank offers new service to Canada emigrants
 
 - Launches 'Hello Canada Newcomers Account' designed to provide
 instant access to banking services in Canada for Indians migrants on
 August 23
 
 - ICICI Bank introduces an easy deposit card at an interest rate of
 0.99 per cent
 
 -ICICI Bank rolls out kisan credit card in AP
 
 - Launches `Easy Deposit Card', which charges an interest of 0.99 per
 cent per month
 
 -ICICI Bank launches new mobile phone banking service
 
 -Sets up offshore banking unit (OBU) in Bahrain
 
 -Launches a new service for pre-paid subscribers of Airtel, Hutch,
 Orange and IDEA in association with Euronet to recharge cards through
 bank's ATMs or by sending SMS.
 
 -ICICI Bank has signed a deal with SunTec Business Solutions Private
 Ltd
 
 -ICICI Bank unveils Visa Card in UK
 
 -ICICI Bank in ally with CESC launches new co-branded credit card
 
 -Godrej Sara Lee ties up with ICICI Bank to finance distributors
 across the country through the channel financing model
 
 -Hindustan Petroleum Corporation Ltd (HPCL),  ICICI Bank on December
 23rd launches Drivesmart
 
 2005
 
 -  ICICI Bank overtakes Citibank in credit cards with 3 mn credit
 cards while Citibank says it has 2.5 mn cards
 
 -ICICI inks pact with Godrej Sara Lee for channel financing
 
 -Merc joins hands with ICICI Bank to offer loans
 
 -ICICI Bank unveils office in Johannesburg
 
 - Britain's Lloyds TSB, in association with ICICI Bank, on April 18,
 2005, launches new services offering free money transfers between
 India and the UK, as well as access to rupee mortgage for Indian
 property purchases.
 
 -ICICI Bank-Air Deccan credit card unveiled
 
 -ICICI Bank acquires bank in Russia
 
 -ICICI Bank, HLN jointly launch co-branded credit card
 
 -ICICI Bank launches online  Public Provident Fund (PPF) scheme on
 July 01, 2005
 
 -ICICI Bank forges alliance with Fortis to serve NRIs on July 22,
 2005
 
 -ICICI Bank buys Apnaloan
 
 -ICICI Bank Home Loans launched a `Home Utsav' property exhibition on
 August 18th
 
 -Bharti Tele-Ventures on September 19 announced a tie-up with ICICI
 Bank and Visa to launch credit card on the mobile phone
 
 --ICICI Bank rolls out travel smart mastercard
 
 --ICICI wins Microsoft Corporate Challenge
 
 -ICICI Bank teams up with Hong Kong's Bank of East Asia to offer
 services to its clients with operations in greater China.
 
 -ICICI Bank inaugurates 1st branch in Hong Kong
 
 -ICICI bank ties up with Grameen Foundation USA to set up Grameen
 Capital India.
 
 -ICICI Bank's 0 million American depository shares (ADS) issue has
 been subscribed six times the issue size. The issue closes tomorrow
 concurrently with the Rs 5,750 crore public issue of equity shares in
 the domestic market. The domestic issue has received subscriptions for
 1.86 times the 9.90 crore shares on offer.
 
 -ICICI Bank sets up pilot project in Guntur dist
 
 -ICICI Bank as outperformer: CLSA report
 
 2006
 
 -ICICI Bank sets up Russian subsidiary
 
 -ICICI Bank sets up new branch at Banjara Hills
 
 -ICICI bank teams up with Spanish MNC.
 
 -ICICI Bank sets up branch in Belgium
 
 -JBIC inks agreement with ICICI Bank
 
 -Indian inks deal with ICICI Bank
 
 -Dishman inks mn deal with ICICI Bank
 
 -ICICI Bank inks MoU with Mitsubishi UFJ Securities
 
 -NIIT partners with ICICI Bank on 26, September, 2006 to enter
 Financial Services Training.
 - ICICI Bank has rolled out a new product `NRI SmartSave Deposits', a
 fixed deposit scheme for non-resident Indians
 
 -ICICI Bank has inked a memorandum of understanding with Export
 Development Canada (EDC), a Canadian export credit agency, for
 financing support to Indian purchasers of capital goods and
 professional services from Canada.
 
 -ICICI Bank opens 3 represetatives offices abroad.
 
 2007
 
 -ICICI Bank has come out with loan-on-the-spot (LOTS) product for car
 loans.
 
 -ICICI Bank launches card-based remittance product in Kerala
 
 -ICICI Bank is looking at increasing its share of the growing Indian
 remittance market. ICICI Bank on February 8 rolled out a
 rupee-denominated remittance card that is primarily targeted at
 beneficiaries of non-resident Indians (NRIs).
 
 -Mumbai: ICICI Bank has inked a co-operation pact with Austria-based
 Raiffeisenlandesbank Oberösterreich (RLB) for covering several
 business areas and increasing co-operation in funding commercial and
 syndicated credit business, and cash management services.
 
 -ICICI bank sets up first branch in Madikeri.
 
 -Indian Railways and ICICI Bank inked a memorandum of understanding
 for extending the sale of e-tickets via merchant establishments
 located in 125 cities across the country.  
 
 -ICICI bank mops up 0mn through five-year bond.
 
 -BMW India and ICICI Bank on February 23 signed an agreement for
 offering financing solutions that will benefit the prospective
 buyers.
 
 -Thomas Cook (I) Ltd (TCIL) has joined hands with ICICI Bank to
 introduce a first of its kind premium card named Thomas Cook Titanium
 Mastercard.
 
 - ICICI Bank, India's second largest Bank, and Export Development
 Canada (EDC), Canada's Export Credit Agency, on March 13, signed a
 USD 50 million Line of Credit (LoC) agreement.
 
 -ICICI Bank inks agreement with Emirates Bank.
 
 -CRISIL assigns highest ratings to ICICI Bank's loan receivables
 securitisation programme.
 
 - ICICI Bank and apparel discount chain Megamart April 10, joined
 hands to unveil a co-branded    credit card.
 
 -ICICI Bank Ltd has informed that Reserve Bank of India, has approved
 the Scheme of Amalgamation of The Sangli Bank Ltd with the Bank. The
 Scheme of Amalgamation shall come into effect from April 19, 2007.
 
 -  ICICI Bank on declared a Rs 100-crore fund to support innovation
 and development of green businesses in India.
 
 -SOTC has joined hands with ICICI bank to offer-holiday now pay later
 (HNPL) facility to travelers.
 
 - ICICI Bank offers cheaper loans for cutting down CFC.
 -ICICI sets up branch in Birmingham.
 
 History and Major Events
 
 We were incorporated in 1994 as a part of the ICICI group. Our
 initial equity capital was
 contributed 75.0% by ICICI and 25.0% by SCICI Limited, a diversified
 finance and shipping finance
 lender of which ICICI owned 19.9% at December 1996. Pursuant to the
 merger of SCICI into ICICI,
 we became a wholly owned subsidiary of ICICI.
 
 The chronology of events since we were incorporated in 1994 is as
 follows:
 
 Change of name
 
 Our name was changed from ICICI Banking Corporation Limited to ICICI
 Bank Limited on
 September 10, 1999. The change of name was effected on account of our
 being widely known by
 the name ICICI Bank.
 
 Merger of Bank of Madura
 
 Bank of Madura was merged with us effective March 10, 2001. The share
 exchange ratio fixed for
 the transaction was two of our equity shares of Rs. 10 each for every
 equity share of Bank of
 Madura of Rs. 10 each.
 
 Amalgamation of ICICI
 
 ICICI, ICICI Capital Services and ICICI Personal Financial Services
 amalgamated with us with effect
 from May 3, 2002. The Appointed Date for the merger specified in the
 Scheme of Amalgamation,
 which was the date of the amalgamation for accounting purposes under
 Indian GAAP, was March
 30, 2002. The amalgamation was approved by the High Court of
 Judicature at Bombay vide its
 order dated April 11, 2002 and by the High Court of Gujarat at
 Ahmedabad vide its order dated
 March 7, 2002. The share exchange ratio was one of our equity shares
 of Rs. 10 each for every
 two equity shares of ICICI of Rs. 10 each.
 
 Amalgamation of The Sangli Bank Limited
 
 The Board of Directors of ICICI Bank Limited and the Board of
 Directors of The Sangli Bank
 Limited (Sangli Bank) at their respective Meetings held on December
 9, 2006, approved an allstock
 amalgamation of Sangli Bank with ICICI Bank. The amalgamation was
 subsequently
 approved by the Members of both banks. RBI (RBI) approved the scheme
 of amalgamation
 effective April 19, 2007.
 
 Source date - Prospects - 19/06/2007
 
 - ICICI Bank mops up .9bn in via share sale in India.
 
 - ICICI mops up Rs 1,294cr through green-shoe option.
 
 - ICICI Bank signs pact with Korea Exim Bank.
 
 - ICICI Bank has slashed the rates on special deposit schemes by 50
 basis points from 9.5 per cent to 9 per cent.
 
 - ICICI Bank awarded as the Outstanding Regional Private Bank.
 
 -The Department of Commerce, PSG College of Arts and Science,
 Coimbatore, is all set to conduct a training programme for students
 in association with the ICICI Bank.
 
 - ICICI Bank, under its-Industry-Academia Partnership- programme,  is
 in talks with three leading universities of the West Bengal to launch
 banking and insurance courses.
 
 2008
 
 - ICICI Bank Ltd has informed that the Government of India has
 nominated Shri. Arun Ramanathan, on the Board of the Bank effective
 January 18, 2008 in place of Shri. Vinod Rai who has resigned
 effective January 06, 2008.
 
 - ICICI Bank Ltd has informed that the Government of India has
 nominated Shri. Arun Ramanathan, on the Board of the Bank effective
 January 18, 2008 in place of Shri. Vinod Rai who has resigned
 effective January 06, 2008.
 
 -  ICICI Bank has forayed into Rs 1,150-crore equity-cum-debt deal
 with Jaypee Infratech, which is to build and operate the 165-km six
 lane Taj Expressway linking Noida with Agra.
 
 -Standard & Poor's Ratings Services lowered ICICI Bank Ltd.'s 0
 million U.S. commercial paper program's short-term issue credit
 rating to 'A-1' from 'A-1+', following the agency's downgrade of
 Fortis Bank SA/NV.
 
 2009
 
 - ICICI Bank  appointed N S Kannan as the Executive Director and
 Chief Financial Officer on the board with effect from May 1 following
 the vacancy caused by the elevation of Chanda Kochhar as Managing
 Director and CEO of the bank, with effect from May 1.
 
 - ICICI Bank has announced the cut in the interest rates on floating
 home loans for new borrowers by 25-50 basis points, with immediate
 effect. The interest rates on existing home loans would reduce only
 if the floating reference rate is cut.
 
 - ICICI Bank with Singapore Airlines launched “ICICI Bank Singapore
 Airlines Visa Platinum Credit Card”, the Card has exclusive
 privileges especially designed for the members.
 
 - ICICI Bank Limited acting through its Hong Kong Branch (ICICI Bank)
 signed a loan agreement with the Export-Import Bank of China (China
 Exim) for USD 98 million under the Two- step Buyer Credit (Export
 Credit) arrangement. ICICI Bank is the first Indian Bank to have
 entered into this arrangement with China Exim. 
 
 2010
 
 - ICICI Bank has increased deposit rates on select maturities. The
 bank has raised the interest rate on deposits maturing in 270 days to
 less than one year by 25 basis points to 5.75 per cent for deposits of
 Rs 15 lakh to Rs 1 crore.
 
 - ICICI Bank increased its deposit rates in select tenures by up to
 0.50% with instant effect, signaling hardening of interest rates in
 the industry.
 
 - ICICI Bank has announced the appointment of Mr Rajiv Sabharwal as a
 whole-time director of the bank. The bank said Mr Sabharwal is
 designated as an Executive Director effective June 24. Mr Sabharwal
 was heading the bank's retail banking operations.
 
 - ICICI Bank announced the appointment of Mr Rajiv Sabharwal as a
 whole-time director of the bank.
 
 - ICICI Bank has received the World Finance Awards 2010 in three
 categories. The three categories are Excellence in NRI services-
 Worldwide, Excellence in Remittance Business-Worldwide and Excellence
 in Private Banking Business-Asia-Pacific Region awards at the
 prestigious World Finance Awards, UK, 2010.