| ICICI Bank Limited (ICICI Bank) offers products and services in the areas of commercial banking to retail and corporate customers (both domestic and international), treasury and investment banking and other products, such as insurance and asset management. During the fiscal year ended March 31, 2008 (fiscal 2008), the Company made a net profit of rupees (Rs.) 34 billion (US$ 850 million). Its commercial banking operations for retail customers consist of retail lending and deposits, distribution of third-party investment products and other fee-based products and services, as well as issuance of unsecured redeemable bonds. ICICI Bank provides a range of commercial banking and project finance products and services, including loan products, fee and commission-based products and services, deposits and foreign exchange and derivatives products to corporations, growth-oriented middle market companies and small and medium enterprises. |