ICICI

ICICI Bank is already compliant with the BASLE II requirement in respect of risk management practices and capital adequacy. At 13.4%, ICICI Bank has one of the highest capital adequacy ratios in the Indian banking industry. Last year, ICICI Bank raised Rs. 20,000 crores (US $ 5 billion) of equity capital, which almost doubled the equity capital base. It has a net worth of over Rs. 47,000 crores (US$ 10 billion), again one of the highest in the banking industry in India with consolidated total assets of over Rs. 4,84,000 crores (over US $ 105 billion), which is diversified across a wide range of asset classes across retail, wholesale and rural banking.ICICI Bank is amongst the most profitable banks in India. In FY 08, ICICI Bank made a profit of Rs. 4,158 crores (US$ 900 million).ICICI Bank has the highest credit ratings in the Indian financial sector. It has AAA ratings for instruments, such as senior bonds, subordinated bonds, and deposits.