Full forms of Bank Names | Full form Axis Bank | ICICI | HDFC | IDBI | UTI
Last updated on August 23rd, 2022 at 08:24 am
In this post find the Full forms of Bank Names. Many banks use the abbreviation of their names. Top Public Sector and Private Banks (find Private Bank Names list here) in India like SBI, ICICI, HDFC, IDBI, UTP, PNB, BoB etc bank’s short form is more popular. Many people who do business with these banks, don’t know the full form of these banks. Find below What is the full form of ICICI Bank, Axis Bank, Full name of HDFC bank, UTI bank full form etc.
What is full form of ICICI
Table of Contents
ICICI Bank was established in the year 1955 at Vadodara, Gujrat, and has its Corporate office in Mumbai, Maharashtra.
Actually, the Industrial Credit and Investment Corporation of India Ltd (or ICICI) was formed in 1955.
In 1994, ICICI Bank was formed as a subsidiary of Industrial Credit and Investment Corporation of India Ltd. Later both merged.
The Full form of ICICI is Industrial Credit and Investment Corporation of India.
Headquartered in Mumbai (Maharashtra), ICICI is an Indian multinational banking and financial services company.
In 2014, it was the second largest bank in India by assets and the third largest by market capitalization. Industrial Credit and Investment Corporation of India Ltd (or ICICI) was founded in 1955, and its subsidiary, ICICI Bank, was established in 1994.
Industrial Credit and Investment Corporation of India Ltd and ICICI Bank Ltd were therefore subsidiaries of ICICI. As of March 31, 2002, Industrial Credit and Investment Corporation of India Ltd was merged into ICICI Bank through a “reverse merger,” leaving only ICICI Bank as the merged entity and Industrial Credit and Investment Corporation of India Ltd no longer existing.
It offers a vast array of banking products and financial services to corporate and retail clients through a number of delivery channels and subsidiaries specializing in investment banking, venture capital, life and non-life insurance, and asset management.
ICICI Bank is a multinational bank with a presence in 19 countries.
In India, it has 5,275 branches and 15,589 ATMs. ICICI Bank was established as a Financial Institution which took care of small and middle-scale business investments.
ICICI Bank had launched its Internet banking functioning in 1998.
Now ICICI bank is one of the largest Private sector Banks in India. ICICI Bank provides several services to its customers through Internet Banking and Mobile Applications.
You can check the ICICI bank balance Online easily. You can check the ICICI bank Working Hours here.
If you have applied for the ICICI credit card, you can track the ICICI credit card Application status Online.
Full name of HDFC Bank
HDFC Bank was established in the year 1977. HDFC Bank has its headquarters in Mumbai, Maharashtra. HDFC became a Bank in 1994.
Now HDFC Bank has 5500 branches across 2,764 cities in India. Also, it has 12,000 ATMs. It is the second-largest private sector bank in India.
HDFC provides various services for its customer including Home loans, Credit Cards, Savings and Current Accounts etc. HDFC bank provides a unique Customer ID for its customers. Learn How to get the Customer ID of HDFC bank here.
You can check the Balance of your HDFC bank account easily.
Read More: How to generate HDFC Bank ATM Pin
Full form of Axis Bank
Actually, AXIS bank has no Full form. Axis bank origin was in 1993 at Ahmedabad, as UTI Bank (UTI bank full form: United Trust of India). The United Trust of India (UTI) was considered as one of the largest private banks in India.
On 30 July 2007, UTI Bank changed its name to Axis Bank. So Axis bank old name is UTI bank.
IDBI bank Full Name
Industrial Development Bank of India (IDBI) is an Indian government-owned financial service company, headquartered in Mumbai, established in the year 1964.
IDBI was established as a subsidiary of RBI (Reserve Bank of India).
IDBI bank is one of the largest private sector banks in India with 2912 ATMs, 1602 branches. It is a commercial bank and is owned by the Government of India.
Full form of IFCI
IFCI is a non-banking finance company established in the year 1948.
Full form of Banks
Find below the full forms of all major Public Sector Banks and Private Banks in India.
Abbreviation | Full Form |
---|---|
RBI | Reserve Bank Of India |
SBI | State Bank Of India |
ICICI | Industrial Credit and Investment Corporation of India Limited |
HDFC | Housing Development and Finance Corporation |
BOI | Bank of India |
PNB | Punjab National Bank |
PSB | Punjab & Sind Bank |
UBI | United Bank of India |
BOB | Bank of Baroda |
IOB | Indian Overseas Bank |
UCO | United Commercial Bank |
CSB | Catholic Syrian Bank |
KVB | Karur Vysya Bank |
SIB | South Indian Bank |
DCB | Development Credit Bank |
IVB | ING Vysya Bank |
BMB | Bharatiya Mahila Bank |
UOB | Union Bank of India |
BOM | Bank of Maharashtra |
CBI | Central Bank of India |
OBC | Oriental Bank of Commerce |
CUB | City Union Bank |
LVB | Lakshmi Vilas Bank |
TMB | Tamilnad Mercantile Bank |
IIBI | Tamilnad Mercantile Bank |
SIDBI | Small Industries Development Bank of India |
NHB | National Housing Bank |
Long form of ATM
Automated Teller Machine
ATMs are widely used for making financial transactions from a bank without the need of a cashier. ATM machines can be used for several banking transactions including Checking Balance, Register Mobile Number, Withdraw money, ATM Pin change, Mini-Statement generation, Bill Payments, Mobile recharges etc
What is ICICI full form?
The full form of ICICI bank is: Industrial Credit and Investment Corporation of India Limited (ICICI). Industrial Credit and Investment Corporation of India Ltd (or ICICI) was formed in 1955. In 1994, ICICI Bank was formed as a subsidiary of Industrial Credit and Investment Corporation of India Ltd. Later both merged.
Whats is the Axis bank full form
Actually, AXIS bank has no Full form. Axis bank origin was in 1993 at Ahmedabad, as UTI Bank (UTI bank full form: United Trust of India). The United Trust of India (UTI) was considered as one of the largest private banks in India.
What is the full form of HDFC
The full form of HDFC Bank is: Housing Development Finance Corporation. HDFC bank was established in the year 1977. HDFC Bank has its headquarters in Mumbai, Maharashtra. HDFC became a Bank in 1994.
Full name of IDBI bank
Full form of IDBI bank is Industrial Development Bank of India. Industrial Development Bank of India (IDBI) is an Indian government-owned financial service company, headquartered in Mumbai, established in the year 1964. IDBI was established as a subsidiary of RBI (Reserve Bank of India).
What is the full form of IFCI
The Full form of IFCI: Industrial Finance Corporation of India IFCI is a non banking finance company established in the year 1948.
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