29.87280 USD
0.2872
0.95%
Last update Dec 16, 4:24 PM GMT
Market closed
Day range
29.84130
30.14000
Previous close
30.16000
Open
30.045000
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ICICI Bank Ltd. Sponsored ADR
29.87
0.29
0.95%

Overview

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Description

ICICI Bank Ltd. Sponsored ADR represents shares of ICICI Bank, one of India's leading private sector banks, available to U.S. investors through American Depositary Receipts (ADRs). This financial asset allows investors to gain exposure to the Indian financial sector without directly trading on foreign exchanges. ICICI Bank provides a comprehensive range of banking services, including retail banking, corporate banking, and treasury operations. It plays a critical role in the Indian economy by offering products such as loans, credit cards, and wealth management services, contributing significantly to financial inclusion and economic development. The ADRs make it convenient for international investors to diversify their portfolios with emerging market opportunities, while ICICI Bank benefits from increased global visibility and investor reach. As one of the prominent players in India's banking sector, ICICI Bank's performance is often seen as an indicator of the country's economic health and financial stability, making its ADRs an essential instrument for those interested in tracking or participating in the growth trajectory of India's dynamic market.

About

CEO
Mr. Sandeep Bakhshi B.E.
Employees
182665
Address
ICICI Bank Towers
Bandra-Kurla Complex
Mumbai, 400051
Phone
91 22 4008 6173
Website
Instrument type
American depositary receipt
Sector
Financial Services
Industry
Banks - Regional
Country
United Kingdom
MIC code
XLON
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