GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1995
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1996
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1997
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1998
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Detailed explanation-1: -ICICI Bank launched Internet Banking operations in 1998. ICICI’s shareholding in ICICI Bank was reduced to 46% through a public offering of shares in India in 1998, followed by an equity offering in the form of American depositary receipts on the NYSE in 2000.
Detailed explanation-2: -Pursuant to the merger of SCICI into ICICI, we became a wholly owned subsidiary of ICICI. The chronology of events since we were incorporated in 1994 is as follows: Change of name Our name was changed from ICICI Banking Corporation Limited to ICICI Bank Limited on September 10, 1999.
Detailed explanation-3: –RBI approves the amalgamation of Bank of Rajasthan Ltd with ICICI Bank Ltd.-First private sector Bank to inaugurate its 2000 Branch.