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Expand ICICI
  • a)
    Indian Credit and Investment Corporation of India
  • b)
    International Credit and Investment Corporation of India
  • c)
    Industrial Credit and Investment Corporation of India
  • d)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Expand ICICIa)Indian Credit and Investment Corporation of Indiab)Inter...
ICICI stands for Industrial Credit and Investment Corporation of India.

Industrial Credit and Investment Corporation of India (ICICI) is a leading financial institution in India. It was established in 1955 as a joint venture between the World Bank, the Government of India, and Indian industry. Over the years, ICICI has grown to become one of the largest banks in India, offering a wide range of financial products and services to its customers.

ICICI plays a crucial role in the Indian economy by providing financial assistance to various sectors such as agriculture, industry, infrastructure, and services. It offers a range of banking services including savings accounts, current accounts, fixed deposits, loans, credit cards, and insurance products.

ICICI has a strong presence in both rural and urban areas of India, with a wide network of branches and ATMs. It has also embraced technology and offers online and mobile banking services to cater to the changing needs of its customers.

ICICI has been instrumental in promoting economic growth and development in India. It has played a key role in financing various infrastructure projects, supporting small and medium enterprises, and providing financial assistance to individuals for their personal and business needs.

ICICI has received several accolades and recognition for its contribution to the banking industry in India. It has consistently been ranked among the top banks in the country and has won numerous awards for its customer service, innovation, and financial performance.

In conclusion, ICICI stands for Industrial Credit and Investment Corporation of India. It is a leading financial institution that offers a wide range of banking products and services to its customers. ICICI has played a significant role in promoting economic growth and development in India and has received several accolades for its contribution to the banking industry.
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Expand ICICIa)Indian Credit and Investment Corporation of Indiab)Inter...
International credit and investment corporation of India
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