Wallets/icici-bank
ICICI Bank
0 standards supported
Overview
ICICI Bank is India's 2nd largest private sector bank + market cap ₹9,94,526.93 crore (as of Feb 9, 2026) [1, 2, in-cro]. iMobile Pay = ICICI Bank's flagship mobile banking + payments app — India's first-of-its-kind facility that extends mobile banking to customers of any bank.
Distinctive iMobile Pay positioning [3, 4]:
- July 12, 2020 iMobile Pay launch — India's first app that offers payments + banking services for customers of all banks (not just ICICI customers)
- 1+ crore (10M+) iMobile Pay customers of any bank (non-ICICI customer base) — distinctive Indian banking-to-any-bank-customer extension
- iMobile Pay services: UPI payments + recharge + utility payments + transfer money instantly + bills + loans + cards + banking + investments
- Distinctive open-banking model: First Indian app to extend mobile-banking ambit beyond own customer base
History
1994 — ICICI Bank founded as subsidiary of ICICI Ltd (Industrial Credit and Investment Corporation of India).
2002 — ICICI Ltd + ICICI Bank reverse merger — ICICI Bank becomes independent listed entity.
2010s — Mass Indian retail + corporate digital banking expansion.
July 12, 2020 — iMobile Pay launches [3] — India's first app offering payments and banking services for customers of all banks (not just ICICI).
2020-2025 — Mass non-ICICI customer adoption of iMobile Pay [4]: 1+ crore (10M+) customers of any bank on-boarded.
February 9, 2026 — ICICI Bank market cap ₹9,94,526.93 crore (India's 2nd largest private sector bank) [2].
Ownership & operator
Operating entity: ICICI Bank Limited (BSE: 532174; NSE: ICICIBANK; NYSE: IBN).
Major shareholders: Foreign Institutional Investors (FIIs) + Domestic Institutional Investors + LIC (Life Insurance Corporation of India) + Government of India indirect via LIC + BSE + NSE + NYSE public floats (widely held).
Regulators: RBI (Reserve Bank of India) + SEBI (Securities and Exchange Board of India) + per-country.
Technical integration
| Layer | Description |
|---|---|
| Channels | iMobile Pay app (iOS + Android; primary IN retail-banking mobile channel; distinctive open-banking model for any bank's customers) + ICICI Bank Online Banking + ICICI Bank cards (Visa + Mastercard + RuPay) + ICICI Bank extensive branch network |
| Identifiers | Phone + email + card number + Aadhaar (Indian UIDAI national ID) |
| IN rails | [[upi]] (NPCI Unified Payments Interface; iMobile Pay UPI primary use case) + bharat-qr (NPCI BharatQR + interoperable QR) |
| License | Bank (ICICI Bank full Indian banking license; India's 2nd largest private sector bank by market cap) |
| Sub-products | iMobile Pay (open-banking app for all banks' customers since Jul 12 2020) + ICICI Bank Account + ICICI Bank Cards + ICICI Bank Credit + ICICI Bank Home Loans + ICICI Bank Auto Loans + ICICI Bank Investments + ICICI Lombard (general insurance) + ICICI Prudential (life insurance) + ICICI Securities (brokerage) + ICICI Direct + ICICI Bank for Business + ICICI Bank Wealth + Pockets (digital wallet) |
| Distinctive iMobile Pay open-banking model: India's first app to extend mobile-banking ambit beyond own customer base to customers of all banks (not just ICICI) | |
| Multi-country presence: 14+ countries (IN + GB + CA + US + BH + AE + SG + HK + LK + KE + ZA + CN + BE + DE) |
Users & growth
- India's 2nd largest private sector bank by market cap (₹9,94,526.93 crore as of Feb 9, 2026)
- iMobile Pay 1+ crore (10M+) customers of any bank (non-ICICI customer base) on-boarded — distinctive open-banking adoption
- Multi-country presence: 14+ countries
Use cases
Indian + multi-country retail + corporate + investment + wealth-management + insurance + home loans + auto loans banking via iMobile Pay (open to all banks' customers since Jul 12 2020) + ICICI Bank Online + cards + branches; UPI + BharatQR Indian national rails; iMobile Pay UPI payments + recharge + utility payments + transfer money + bills + loans + cards + banking + investments for customers of any bank; ICICI Lombard insurance + ICICI Prudential life insurance + ICICI Securities brokerage + ICICI Direct.
Implementations & partners
Operator: ICICI Bank Limited (BSE: 532174; NSE: ICICIBANK; NYSE: IBN).
Major shareholders: Foreign Institutional Investors + Domestic Institutional Investors + LIC (Life Insurance Corporation of India) + Government of India indirect via LIC + BSE + NSE + NYSE public floats (widely held).
Major Indian banking + fintech competitors:
- [[hdfc-bank]] (HDFC Bank; India's largest private sector bank by assets + market cap; 120M+ customers post-2023 HDFC Ltd merger; world's 10th largest bank by market cap)
- [[sbi-yono]] (State Bank of India SBI YONO; India's largest bank with 23% market share + 25% loan/deposit share; 87.7M YONO users FY25; SBI YONO 2.0 targets 20 crore users)
- Axis Bank (India's 3rd largest private sector bank)
- Kotak Mahindra Bank + IndusInd Bank + Yes Bank + IDBI Bank + Federal Bank (Indian private banks)
- Bank of Baroda + Punjab National Bank + Canara Bank + Union Bank of India + Bank of India + Indian Bank (Indian public sector banks)
- [[paytm]] + [[phonepe]] + [[google-pay-in]] (Indian UPI + wallet ecosystem)
ICICI Bank subsidiaries: ICICI Lombard (general insurance) + ICICI Prudential (life insurance) + ICICI Securities (brokerage) + ICICI Direct.
Regulators: RBI + SEBI + per-country (e.g., CBUAE + others across 14+ countries).
Fun facts
- India's 2nd largest private sector bank by market cap (₹9,94,526.93 crore as of Feb 9, 2026).
- July 12, 2020 iMobile Pay launch — India's first app offering payments and banking services for customers of all banks (not just ICICI Bank customers).
- iMobile Pay 1+ crore (10M+) customers of any bank on-boarded — distinctive open-banking adoption.
- 1994 founding as subsidiary of ICICI Ltd (Industrial Credit and Investment Corporation of India).
- 2002 ICICI Ltd + ICICI Bank reverse merger — ICICI Bank becomes independent listed entity.
- Multi-country presence: 14+ countries (IN + GB + CA + US + BH + AE + SG + HK + LK + KE + ZA + CN + BE + DE).
- ICICI Lombard + ICICI Prudential + ICICI Securities + ICICI Direct subsidiaries — distinctive ICICI financial-services ecosystem.
- LIC (Life Insurance Corporation of India) major shareholder — distinctive Government of India indirect ownership via LIC.
Comparison
| Feature | ICICI iMobile Pay | [[hdfc-bank]] (India's largest private sector bank rival; 120M+ post-merger) | [[sbi-yono]] (India's largest bank + 87.7M YONO users FY25 rival) | [[axis-bank]] (India's 3rd largest private bank comparable) | [[paytm]] (Indian UPI + wallet ecosystem leader) |
|---|---|---|---|---|---|
| Operator | ICICI Bank Limited (BSE: 532174; NSE: ICICIBANK; NYSE: IBN; widely held: FII + DII + LIC (Life Insurance Corporation of India) + Government of India indirect via LIC + BSE + NSE + NYSE public floats) | HDFC Bank Limited (BSE: 500180; NSE: HDFCBANK; NYSE: HDB; widely held + HDFC Ltd founding parent merged Jul 2023) | State Bank of India (BSE: 500112; NSE: SBIN; Indian government majority shareholder) | Axis Bank Limited (BSE: 532215; NSE: AXISBANK) | Paytm (One97 Communications; NSE: PAYTM) |
| Type | India's 2nd private sector bank by market cap (₹9,94,526.93 crore Feb 9 2026) + iMobile Pay (first-of-its-kind India app extending mobile banking to customers of all banks) + 14+ countries | India's largest private sector bank by assets + market cap + world's 10th largest bank by market cap (2025) + 120M customers post-2023 HDFC Ltd merger | India's largest bank + India's largest public sector bank + 23% market share + SBI YONO digital platform | India's 3rd largest private sector bank | Indian UPI + wallet ecosystem leader |
| Country | IN + 13+ other countries | IN + 7 other countries | IN + multi-international | India primary | India primary |
| Users | iMobile Pay 1+ crore (10M+) customers of any bank (non-ICICI customer base) on-boarded; India's 2nd private sector bank by market cap | 120M (12 crore) customers post-2023 HDFC Ltd merger (surpasses Germany population); 8,735 branches + 20,938 ATMs | 87.7M YONO users FY25; SBI 53+ crore customers; 23% market share | India 3rd largest private | Major Indian UPI + wallet |
| Distinctive | 1994 ICICI Bank founding as subsidiary of ICICI Ltd; 2002 ICICI Ltd + ICICI Bank reverse merger; Jul 12 2020 iMobile Pay launch as India's first app extending mobile-banking ambit beyond own customers to all banks' customers (distinctive open-banking model); 1+ crore (10M+) non-ICICI customers on-boarded; ICICI Lombard + ICICI Prudential + ICICI Securities + ICICI Direct subsidiaries; LIC (Life Insurance Corporation of India) major shareholder; 14+ countries | 1994 founding as private-sector bank by HDFC Ltd; Jul 2023 HDFC Ltd + HDFC Bank merger; 120M customers post-merger; world's 10th largest bank by market cap (2025); multi-language strategy (Hindi + 10+ Indian languages) | India's largest bank (23% market share + 25% loan/deposit share); SBI YONO 87.7M users FY25; SBI YONO 2.0 targets 20 crore users; SBI 43rd largest bank in world; SBI market cap crossed ₹10 Lakh Crore early 2026 | India 3rd largest private bank | UPI + wallet leader |
Status
Active, India's 2nd largest private sector bank by market cap + iMobile Pay first-of-its-kind India open-banking app [1, 3]:
- ICICI Bank Limited (BSE: 532174; NSE: ICICIBANK; NYSE: IBN) since 1994 (subsidiary of ICICI Ltd) / 2002 (reverse merger to become independent listed entity).
- iMobile Pay since July 12, 2020 — distinctive India's first app for all banks' customers; 1+ crore (10M+) on-boarded.
- Market cap ₹9,94,526.93 crore (as of Feb 9, 2026).
- Multi-country presence: 14+ countries.
- ICICI Lombard + ICICI Prudential + ICICI Securities + ICICI Direct subsidiaries.
- LIC (Life Insurance Corporation of India) major shareholder.
- RBI + SEBI + per-country regulated.
Sources
- 1 ICICI Bank — official
- 2 ICICI Bank Ltd share price — Screener
- 3 ICICI Bank launches iMobile Pay July 12 2020 — ICICI Bank
- 4 ICICI launches iMobile Pay app for customers of any bank — IBS Intelligence
- in-cro In-corpus:
reports/countries/IN-india.md
Source
Biography extracted from icici-bank.md. See matrix.md for standards-support matrix if present.