confusion

Querist : Anonymous (Querist) 21 March 2010 This query is : Resolved
I am little bit confuse that icici is a private company or public company.icici is a private bank or public bank. private company can not issue shares to the public.

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A V Vishal (Expert) 21 March 2010
The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses.

It is a banking company incorporated under the companies act.