FORM
6-K
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the
month of October 2007
Commission
File Number: 001-15002
ICICI
Bank Limited
(Translation
of registrant’s name into English)
ICICI
Bank
Towers,
Bandra-Kurla
Complex
Mumbai,
India 400 051
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file
annual
reports under cover Form 20-F or Form 40-F.
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Form
20-F X
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Form
40-F __
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Indicate
by check mark if the registrant is submitting the Form 6-K
in
paper
as permitted by Regulation S-T Rule 101(b)(1):
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Yes __
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No
X
|
Indicate
by check mark if the registrant is submitting the Form 6-K
in
paper
as permitted by Regulation S-T Rule 101(b)(7):
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Yes __
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No
X
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Indicate
by check mark whether by furnishing the information
contained
in this Form, the Registrant is also thereby furnishing the
information
to the Commission pursuant to Rule 12g3-2(b)
under
the
Securities Exchange Act of 1934:
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Yes __
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No
X
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If
“Yes”
is marked, indicate below the file number assigned to the registrant
in
connection
with Rule 12g 3-2(b): Not Applicable
Table
of Contents
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Item
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1.
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News
Release dated October 19, 2007
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2.
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News
Release dated October 19,
2007
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorised.
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ICICI
Bank Limited
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Date:
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October
19, 2007
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By:
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/s/ Nilesh
Trivedi
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Name:
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Nilesh
Trivedi
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Title:
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Assistant
Company Secretary
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Item
1
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ICICI
Bank Limited
ICICI
Bank Towers
Bandra
Kurla Complex
Mumbai
400 051
|
|
News
Release
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October
19,
2007
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The
Board of
Directors of ICICI Bank Limited (NYSE: IBN) at its Meeting today has
elevated
Ms. Chanda Kochhar, Deputy Managing Director as Joint Managing Director
&
Chief Financial Officer of ICICI Bank. She will be responsible for the
Corporate
Centre and will be the official spokesperson for ICICI Bank.
The
Board of
Directors has appointed Mr. Sonjoy Chatterjee, presently Managing Director
&
CEO of ICICI Bank UK plc as an Executive Director of ICICI Bank Limited
effective October 22, 2007, subject to approval of Reserve Bank of India
(RBI)
and other necessary approvals. He will take over responsibility for wholesale
and international banking.
Mr.
V. Vaidyanathan,
Executive Director will take over responsibility for rural banking in
addition
to his current responsibility for retail banking.
ICICI
Lombard
General Insurance Company (ICICI General), the Bank’s general insurance
subsidiary, has achieved robust growth and market share. In order to
further
strengthen the top management of this business in line with its growing
scale,
ICICI Bank and its joint venture partner, Fairfax, have decided to recommend
to
the Board of Directors of ICICI General the appointment of Ms. Vishakha
Mulye,
Group Chief Financial Officer as Executive Director on the Board of ICICI
General, subject to necessary approvals.
For
further
press queries please call Charudatta Deshpande at 91-22-2653 8208 or
e-mail:
charudatta.deshpande@icicibank.com.
Item
2
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ICICI
Bank Limited
ICICI
Bank Towers
Bandra
Kurla Complex
Mumbai
400 051
|
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News
Release
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October
19,
2007
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ICICI
Group to
establish ICICI Foundation for Inclusive Growth headed by Dr. Nachiket
Mor
The
ICICI Group,
comprising ICICI Bank (NYSE: IBN) and its subsidiaries, has since
its origins as
a development bank sought to foster accelerated economic growth.
Over the years,
it has also taken up several initiatives for socio-economic development
and
financial inclusion, in addition to its business operations. The
ICICI Group
believes India is at a critical juncture in its history, where strong
economic
growth creates an opportunity for accelerated socio-economic development
with
greater inclusion of the disadvantaged in the economic mainstream,
and
significant reduction in poverty through sustainable initiatives.
This requires
not only financial capital but also technological and managerial
expertise and
entrepreneurial talent. The ICICI Group has a keen interest in playing
a larger
role in this area.
The
Board of
Directors of ICICI Bank has today approved the establishment of The
ICICI
Foundation for Inclusive Growth, subject to receipt of such other
approvals as
may be required. The ICICI Foundation will integrate, consolidate
and scale up
the ICICI Group’s existing initiatives in the area of philanthropy and
development, and expand into identified new areas, with the objective
of
catalyzing and accelerating social and economic inclusion by bridging
economic
and human development gaps.
Dr.
Nachiket Mor has
led the ICICI Group’s social initiatives for several years. His vision and
passion for achieving inclusive growth have been critical to the
ICICI Group’s
work in this area. Given the importance of the proposed new initiative
and the
ICICI Group’s aspiration to make a significant positive impact on the
socio-economic empowerment of the disadvantaged sections of the Indian
people,
Dr. Mor would move from his current responsibilities on the Board
of Directors
of ICICI Bank to dedicate himself to this initiative as President
of The ICICI
Foundation for Inclusive Growth. He would assume full-time responsibility
for
the ICICI Foundation’s establishment and operations going forward, effective
October 22, 2007.
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ICICI
Bank Limited
ICICI
Bank Towers
Bandra
Kurla Complex
Mumbai
400 051
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Except
for the
historical information contained herein, statements in this Release
which
contain words or phrases such as 'will', 'would', ‘indicating’, ‘expected to’
etc., and similar expressions or variations of such expressions
may constitute
'forward-looking statements'. These forward-looking statements
involve a number
of risks, uncertainties and other factors that could cause actual
results to
differ materially from those suggested by the forward-looking
statements. These
risks and uncertainties include, but are not limited to our ability
to
successfully implement our strategy, future levels of non-performing
loans, our
growth and expansion in business, the impact of any acquisitions,
the adequacy
of our allowance for credit losses, technological implementation
and changes,
the actual growth in demand for banking products and services,
investment
income, cash flow projections, our exposure to market risks as
well as other
risks detailed in the reports filed by us with the United States
Securities and
Exchange Commission. ICICI Bank undertakes no obligation to update
forward-looking statements to reflect events or circumstances
after the date
thereof.
For
further
press queries please call Charudatta Deshpande at 91-22-2653 8208
or e-mail:
charudatta.deshpande@icicibank.com.
2