ABOUT ICICI BANK
ICICI bank has been present in the financial service sector for the past 50 years. With a network of about 950 branches and 3,300 ATMs in India and a presence in 17 countries, it happens to be the largest bank in the private sector and also the second largest bank in India. Its total assets sums up to Rs.3,767 billion (USD 96 bn.) as on December31,2007 and profit after tax to Rs.31.10 billion for fiscal 2007. It ranks third on the Indian stock exchange, in terms of free float market capitalization. It offers an extensive array of banking products and financial services to corporate and retail customers via a variety of delivery channels and through its dedicated subsidiaries and partners in the fields of investment banking, venture capital, life and non-life insurance, and asset management. The United Kingdom, Russia, Canada, Singapore, Bahrain, Hong Kong, Sri Lanka and Dubai International Finance Centre are presently the bank's subsidiaries. ICICI has its representative offices in the United States, China, South Africa, Bangladesh, Thailand, United Arab Emirates, Malaysia and Indonesia.
PRUDENTIAL PLC
Prudential plc was established in London in 1848. It has its businesses spread across the UK, Europe, US and Asia. It provides retail financial services products and services to more than 20 million customers, policyholder and unit holders and manages over £256 billion of funds worldwide (as of June 30, 2007). In Asia, Prudential is the leading European life insurance company with functions in China, Singapore, Hong Kong, India, Japan, the Philippines, Korea, Malaysia, Indonesia, Taiwan, Vietnam, and Thailand. For Asian sourced assets, it is the second largest retail fund manager. Its business of fund management has stretched to ...