Icici bank involvement in economy?


Share |



Answer (1):

Mohammad

1. Like other banks, ICICI Bank is playing its role in the Indian economy.

2. It is helping the economy by:

-Providing deposit facilities to people

-Providing loans to industries and other businesses.

-Providing funds to Government through purchase of Government securities.

-By helping exports and imports

-By providing employment

-By providing merchant banking services

-By providing broking services through its subsidiary enabling investors to trade in stocks.


.
.