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Bank of Rajasthan - ICICI Bank
Bank of Rajasthan - ICICI Bank
Bank of Rajasthan - ICICI Bank
MERGER
ICICI Bank Profile
Works as a banking and financial service Organization in India.
It is the 4th largest bank in India and the largest private sector
bank in India by market capitalization.
The bank also has a network of 1,700+ branches (as on 31
March 2010) and about 4,721 ATMs in India and presence in 18
countries.
Head quarter situated in Mumbai,Maharastra,India.
Mainly deals with products likes Investment Banking,
Commercial Banking, Retail Banking, Private Banking, Assets
Management, Mortgages, Credit Card.
MD & CEO of ICICI Bank is Chandra Kochhar
Bank Of Rajasthan Profile
It was set up at Udaipur in 1943 with an initial capital of
Rs.10.00 lacs.
It is a Old Private Sector Bank.
Mainly controlled by Tayal Business Group,the have more
than 50% stake in BoR.
It has 463 branches.
Head quarter situated in Clock Tower, Udaipur, Rajasthan,
India.
Mainly deals with products like Loans, Savings,
Investment vehicles, etc.
MD & CEO of BoR is G. Padmanabhan .
HISTORY OF MERGER BY ICICI Bank
Paid Rs 6.5 crore per branch and that is the average market
cap for old private sector banks.
COMPARISION OF BoR & ICICI
Bank
Basis BoR ICICI BANK