The full form of ICICI is Industrial Credit and Investment Corporation of India. This was its original name when established as a government organization. While it's now primarily known as ICICI Bank, a publicly traded entity, the original full form remains relevant to its history and founding.
Understanding ICICI's Evolution
ICICI's journey illustrates a transformation from a government-backed development institution to a major global bank. Initially focused on industrial credit and investment, it later evolved, eventually becoming ICICI Bank, a significant player in the Indian and international financial markets.
- Early Days: ICICI began as a development finance institution, aiming to boost industrial growth in India.
- Transformation: Over time, it transitioned into a commercial bank, offering a wider range of financial products and services.
- Global Reach: Today, ICICI Bank operates across numerous countries, showcasing its growth and international presence.
The readily available information consistently points to Industrial Credit and Investment Corporation of India as the full form of ICICI. While the company has evolved significantly, the original name remains historically significant.
Multiple sources confirm this information, including:
