Presentation onICICI BANK BY: PriyaSolanki RichaTharad
The word “Bank” is derived from the Latin word “Banca”.
In the pre-independence there were many bank failures.
After independence, the Government passed the Banking Regulations Act, 1949 for regulating the business of banks to provide protection to depositors.
Vital tool for economic development and progress.
The midst of an IT industry
Induce Public sector bank to reorient.
Integrated with other markets.
No prior permission for FDI.
Innovative services offered in recent past trends are
E- cheque ATM Electronic Clearing System Tele Banking Recent Trends in Banking Sector
ICICI Bank is India's second-largest bank
MD & CEO: Mrs.ChandaKocchar
Total assets: Rs. 4,062.34 billion at March 31, 2011
Profit After Tax: Rs.51.51 billion at March 31, 2011
Subsidiaries: 19 counties
Head Quarter: Mumbai
Listed on BSE & NSE
American Depositary Receipts listed on NYSE
Introduction of ICICI
Accounts & Deposits Loans Cards Insurance
Bill Payment Ticket Booking Funds Transfer Products & Services
CHAIRMAN Mr K. V. Kamath MD AND CEO Mrs. ChandaKochhar EXECUTIVE DIRECTOR Mr. N. S. Kannan BOARD OF DIRECTORS VERTICAL
28% increase in net profit. Total income declined to 32,621.95 crore. Deposit grew by 26%. Advances grew by 19%. Current Financial Status of ICICI Bank
STRENGTHS 2ND Largest bank in India. Successfully diversified it’s operations. Listed in NYSE. Considered as a pioneer in usage of internet services. Aggressive and innovative marketing strategies. WEAKNESS Primarily targets upper middle class and upper class of the society. Higher service charges. SWOT ANALYSIS
OPPORTUNITIES Expanding business to the middle and lower income groups. THREATS More and more banks are coming up.
HDFC AXIS BANK KARURVYSYA BANK KOTAK MAHINDRA YES BANK COMPETITORS
Stiff competition from HDFC Bank. Professional bank and doesn’t think about societial improvement. Challenges faced by ICICI Bank
Plans to open 1500 branches in 4 years. Will recruit 6000 people this fiscal. Plans to expand its branches overseas. FUTURE PLANS