ICICI Bank opened its first Chinese branch in Shanghai

Top private sector lender,ICICI Bank, on 16th May 2015, opened its first branch in China, which was inaugurated by Prime Minister Narendra Modiin Shanghai. The new branch would begin with 17 banking professionals handling myriad functions including corporate banking, operations, finance and treasury.

The Prime Minister inaugurated the branch in the presence of ICICI Bank’s MD and CEO Chanda Kochhar, senior Chinese and Indian government officials and business representatives. ICICI Bank with presence in 17 countries, earlier had a representative office in China, which it had opened over 10 years ago in 2003.

About ICICI Bank:

  1. ICICI Bank is an Indian multinational banking and financial services company.
  2. Headquarters: Vadodara, Gujarat.
  3. ICICI Bank is one of the Big Four banks of India; others are:
    1. State Bank of India
    2. Punjab National Bank
    3. Bank of Baroda.
  4. Founded: In 1994

Questions:

  1. Which bank became the first bank to get listed in New York Stock Exchange?

Answer: ICICI in 2000


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