ICICI Bank In The List Of Elite Global Club

ICICI Bank ranks around 82 in terms of market capitalisation (M-cap) among banks worldwide. ICICI Bank, of late, turned into a trillion rupee (one lakh crore) bank following its follow-on issue, is a minnow in terms of its global ranking. Once all the shares are issued, the increased equity base would give ICICI Bank a M-cap of around $25 billion at current prices. While this is much bigger than State Bank of India, it is one-tenth the size of Citibank - the largest bank globally. China''s largest bank, ICBC, too, is worth nearly 10 times as much as ICICI Bank, with a M-cap of $225 billion.