The Wholesale Banking Group is responsible for maintaining relationships with and servicing large corporates with turnover ranging above 2.5 billion p.a. It provides end-to-end banking solutions across the financial spectrum ranging from transaction banking solutions, term loans, treasury and risk management solutions, structured products, M and A advisory and investment banking in collaboration with multiple product groups. It is also responsible for appraisal of credit limits. Based on client segment, this group has many sub groups as below:
Large Clients Group (LCG)
The Large Clients Group is responsible for building granularity and increasing market penetration through new clients acquisition, as well as increasing the wallet share of the Bank in existing clients. The purpose of the group is to drive risk calibrated operating profit given the market opportunities by collaborating with clients in their growth initiatives.
Global Clients Group (GCG)
The focus of the Global Clients Group is to provide the full range of client focused financial solutions to strengthen our relationship with these corporates as their strategic partner and to further deep mine these accounts. The aim of the group is to expand coverage with existing clients and cross penetrate products to maximize the capture of market opportunities.
Services Sector Group
The services sector is the largest and fastest growing sector in India and is projected to grow further. The Services sector group is responsible for managing and nurturing relationships with service sector companies (including non-banking financial companies and new age businesses) to grow the profit pool from this sector.
Multi-national Corporations (MNCs)
The focus of the Multi National Clients Group is to develop and maintain relationships with Global Multinational corporations which are either present or intending to invest in India. The Group is responsible for providing a comprehensive suite of products to cater to the banking requirements of this niche segment in India as well as at global locations of ICICI Bank in synergy with International Banking group.
Capital Markets & Custody Group
The group provides banking, clearing and settlement services to key capital market participants such as brokers and clearing corporations. The group also provides safekeeping/settlement of securities, regulatory registration/reporting, clearing for derivative trades and forex services for foreign investors, mutual funds and insurance companies.
Financial Institution, Syndication & Advisory Group
The Financial Institution Group (FIG) provides banking solutions to financial institutions. The Syndication team, along with FIG, is responsible for loan syndication and sell down of assets. The Advisory Group provides comprehensive advisory services to corporate clients. The Syndication and Advisory Group works closely with Global Clients Group, Large Clients Group and Services Sector Group.