ICICI Bank Ltd.

ICICI Bank is currently trading at Rs 1132.50, up by 10.85 points or 0.97% from its previous closing of Rs 1121.65 on the BSE.

The scrip opened at Rs 1115.00 and has touched a high and low of Rs 1137.40 and Rs 1113.55 respectively. So far 438748 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 1149.00 on 11-Dec-2012 and a 52 week low of Rs. 641.00 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs 1149.00 and Rs 1106.00 respectively. The current market cap of the company is Rs 130239.84 crore.

The Institutions holding in the company stood at 61.78 % while Non-Institutions held 9.28% of the stake.

As part of its financial inclusion plan which aims at providing banking services in unbanked villages, ICICI Bank, India’s largest private sector bank has opened 101 rural branches across six states. These branches were formally inaugurated in 19 districts across the states of Rajasthan, Andhra Pradesh, Gujarat, Maharashtra, Madhya Pradesh and Tamil Nadu.

These ‘Gramin’ branches have been opened in small villages which were so far devoid of any banking facility and will now offer all the basic banking services such as savings bank account, fixed and recurring deposit, remittances, Kisan Credit Card, credit cards and tractor loans. ICICI Bank as of November had 413 such rural branches across the country and with the addition of over 100 branches it has crossed 501 branches mark.

The bank has also opened close to 2 million no frill savings accounts this year taking the total number to around 12 million no frills accounts, which is a key part of financial inclusion strategy.