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INTRODUCTION
1.1 Objective of Study
The main objectives of this project are the following:
To study about ICICI BANK and INDUSIND BANK its related aspects like
its products & services.
To study about ICICI BANK and INDUSIND BANK its related aspect
history, organizational structure, subsidiary companies
To compare the both banks, according to products and services and customers
1.2 METHODLOGY
Data Gathering
Data is collected from the various websites, such as banking websites for e.g.
indusind.com, and Wikipedia, previous projects, analytical reports on web.
II MEANING
2.1HISTORY
HISTORY ICICI Bank
ICICI Bank was originally promoted in 1994 by ICICI Limited, an Indian
financial institution, and was its wholly owned subsidiary. ICICI's shareholding in
ICICI Bank was reduced to 46% through a public offering of shares in India in
fiscal 1998, an equity offering in the form of ADRs listed on the NYSE in fiscal
2000, ICICI Bank's acquisition of Bank of Madura Limited in an all-stock
amalgamation in fiscal 2001, and secondary market sales by ICICI to institutional
investors in fiscal 2001 and fiscal 2002. ICICI was formed in 1955 at the initiative
of the World Bank, the Government of India and representatives of Indian industry.
The principal objective was to create a development financial institution for
providing medium-term and long-term project financing to Indian businesses. In the
1990s, ICICI transformed its business from a development financial institution
offering only project finance to a diversified financial services group offering a
wide variety of products and services, both directly and through a number of
subsidiaries and affiliates like ICICI Bank. In 1999, ICICI become the first Indian
company and the first bank or financial institution from non-Japan Asia to be listed
on the NYSE.
After consideration of various corporate structuring alternatives in the context of the
emerging competitive scenario in the Indian banking industry, and the move
towards universal banking, the managements of ICICI and ICICI Bank formed the
view that the merger of ICICI with ICICI Bank would be the optimal strategic
alternative for both entities, and would create the optimal legal structure for the
ICICI group's universal banking strategy. The merger would enhance value for
2
ICICI shareholders through the merged entity's access to low-cost deposits, greater
opportunities for earning fee-based income and the ability to participate in the
payments system and provide transaction-banking services. The merger would
enhance value for ICICI Bank shareholders through a large capital base and scale of
operations, seamless access to ICICI's strong corporate relationships built up over
five decades, entry into new business segments, higher market share in various
business segments, particularly fee-based services, and access to the vast talent pool
of ICICI and its subsidiaries. In October 2001, the Boards of Directors of ICICI and
ICICI Bank approved the merger of ICICI and two of its wholly-owned retail
finance subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital
Services Limited, with ICICI Bank. The merger was approved by shareholders of
ICICI and ICICI Bank in January 2002, by the High Cities of Gujarat at Ahmadabad
in March 2002, and by the High Cities of Judicature at Mumbai and the Reserve
Bank of India in April 2002. Consequent to the merger, the ICICI group's financing
and banking operations, both wholesale and retail, have been integrated in a single
entity. ICICI Bank has formulated a Code of Business Conduct and Ethics for its
directors and employees.
INDUSIND Bank incorporated in April 1994 derives its name from the Indus
Valley civilization. The bank was the vision of Srichand P Hinduja, a Non-Resident
Indian businessman and head of the Hinduja Group.
A decade after its incorporation, June 2004, the bank was merged with Ashok
Leyland Finance, which is among the largest leasing finance and hire purchase
companies in India.
INDUSIND Bank has emerged as one of the fastest-growing banks in the banking
sector in India. Currently it has a network 1635 branches along with 745 ATMs.
It has presence in over more than 300 geographical locations spread over 28 states
including Union Territories and also global presence in countries like UAE and UK.
It is the first Indian bank to receive ISO 9001:2000 certification for its corporate
office and its entire network of branches.
The bank has entered into a strategic alliance with Religare Securities for offering a
value-added 3-in-1 savings accounts-linked package to customers - comprising a
savings bank account, a depository account, and an Internet trading account.
Type
Private Company
Traded as
BSE: 532174
NSE: ICICIBANK
NYSE: IBN
BSE SENSEX Constituent
CNX Nifty Constituent
Industry
Founded
1994
Worldwide
Key people
Products
Revenue
Operating
income
Profit
Total assets
Total equity
Number of
employees
67,857 (2015)
IndusInd Bank
Type
Scheduled Bank
Traded as
NSE: INDUSINDBK
BSE: 532187
LSE: 16GF
Industry
Founded
Mumbai, MaharashtraIndia
(April 1994)
Founder
Srichand P. Hinduja
RomeshSobti (CEO)
82.5 billion (US$1.3 billion)
(2014)
Owner
Hinduja Group
Website
indusind.com
Company profile
IndusInd Bank
IndusInd Bank Limited is a Mumbai based Indian new generation bank, established
in 1994. The bank offers commercial, transactional and electronic banking products
and services. IndusindBank was inaugurated in April 1994 by then Union Finance
Minister Manmohan Singh. Indusind Bank is the first among the new-generation
private banks in India.
The bank started its operations with a capital amount of Rs. 1 billion among which
Rs. 600 million was donated by the Indian Residents and Rs. 400 million was raised
by the Non-Resident Indians. The bank has specialized in retail banking services
and continuously upgrades its support systems by introducing newer technologies. It
is also working on expanding its network of branches all across the country along
with meeting the global benchmark. According to the bank, its name is derived from
the rich and vivid Indus Valley Civilization.
IndusInd Bank has 745 branches, and 1635 ATMs spread across 392 geographic
locations of the country as on 30 September 2012 with 2 representative offices, one
each in London and Dubai. Mumbai has the maximum number of bank branches
followed by New Delhi and Chennai.
Credit Card
Debit Card
Prepaid Card
------------------------------Forex Services
Deposit Product
Saving a/c
Current a/c
Fixed deposit
Demat a/c
Safe
Deposit
Lockers
Mutual Fund
Bonds
Knowledge Centre
Insurance
General and Health
Insurance
Equity and Derivatives
Mudra Gold Bar
Payment Services
Access To Bank
Net Safe
Merchant
Prepaid Refill
Bill pay
Visa Bill pay
Insta Pay
Net Banking
One View
Insta Alert
Direct Pay
Email Statements
9
ATM
Phone Banking
Visa
Transfer
eMonies
Money
Branch Network
Funds
i. ACCOUNTS
SAVING ACCOUNTS
ICICI Bank offers customers a power packed Savings Account
with a host of convenient features and banking channels to
transact through. So now customers can bank at their
convenience, without the stress of waiting in queues.
Special Savings Account:
The Special Savings Account has been designed keeping in mind the specific
needs of organizations such as Trusts, Associations, Societies, Councils, Clubs etc.
It provides organizations solutions with added value and is ideal for tax exempted
entities.
10
LIFE PLUS, a special savings account for senior citizens from ICICI Bank is
packed with a host of benefits, designed keeping your unique financial requirements
in mind.
Special senior citizens desk to cater to all banking transactions, so that you
dont wait in queues.
Higher interest rate on FD/RD: avail the combined benefits of safety,
flexibility and attractive returns with ICICI Bank Fixed Deposit and
Recurring Deposit.
Free special senior citizen LIFE PLUS debit card.
Money multiplies facility.
Extended banking hours allows you to visit our branches, as per your
convenience.
Anywhere banking access to various services, ICICI Bank has to offer
anytime, anywhere and from any place, including branches, ATMs and
phone banking.
Nomination facility available.
Quarterly average balance (QAB) requirement of Rs.5000.
Quarterly physical statements are delivered to your doorstep to absolutely
free of cost.
Passbook on request.
11
impart
knowledge
on
the
12
current
events
of
the
world.
Current Accounts:
Every business requires efficient banking facilities to support its business
activities. ICICI Bank offers premium quality service, unfolding a wide array of
class products. With technology leadership and service the bank is able to meet
some of the most challenging financial needs of clients. A Current Account is one
that is required by Businessman, Joint stock companies, Institutions, Public
authorities, public corporations etc. Any business that has numerous banking
13
14
Salary Accounts
Salary Account is a feature rich corporate payroll account with benefits for both
corporate and its employees.
The process of drawing cheques for salaries is replaced by sending
a single ASCII file to the bank and the amount is directly credited
into the employees salary account
Cuts down payroll processing workload
Salary Account can be opened with minimum 10 employees
Instant credit of salaries
ICICI Bank Salary Account is a benefit-rich payroll account for Employers and
Employees. As an organization, you can opt for our Salary Accounts to enable easy
disbursements of salaries and enjoy numerous other benefits too. With ICICI Bank
Salary Accounts your employees will enjoy the convenience of :
All that the organization would require to do is to send ICICI Bank an advice (in
form of a cheque/debit instruction etc) for the total salary amount along with the
salary details of the designated employees in a soft and hard copy format and we
will credit the respective
15
Employees' accounts as per your statement of advice ICICI Bank Salary Accounts
benefits you in more than one ways:
Reduces paperwork.
Employees receive instant credit of salaries more convenient than ECS. Besides all
of the above, employees automatically become ICICI Bank account holders with
special benefits and privileges of 8-8 banking, Investment advisory and much
more...
Fixed deposits:
Fixed deposits are options which help you grow your
money thus creating wealth in a safer and secure way.
ICICI provides its customers with various kinds of
fixed deposit facilities that are flexible and cater to
customers who have different needs and wants in their
fixed deposits.
ICICI provides a Fixed Deposit that allows customers to deposit their money for
just as long as you wish.
Wide range of tenures 15 days to 10 years.
Choice of investment plan traditional and cumulative deposits.
Partial withdrawal allowed.
Loan facility available you can avail loan up to 90% of principal and
accrued interest.
Auto renewal facility you can choose this option so that the deposit can be
16
renewed on maturity.
Interest compounded quarterly.
Additional interest rate of 0.5% for senior citizens.
Recurring Deposits:
ICICI Bank Recurring Deposits are an ideal way to invest small amounts of money
every month and end up with a large kitty on maturity. High recurring billing and
recurring payments can be a drain on your finances and hence large investments
may seem a planaway.
Recurring deposits aims to encourage savings without putting any stress on
customers finances by making them to put a lump sum amount in fixed deposit in
one go. The recurring deposit also attracts high rate of return that are identical to
the fixed deposit rates and most importantly no TDS is applicable in it .the
minimum balance of deposit is of Rs.500 and thereafter in multiples of Rs.100 the
minimum period is 6 months and thereafter in multiples of 3 months, nomination
facility is also available.
17
Security Deposits:
A few Corporate stipulate to their new employees to
provide Security Deposit to reduce attrition. ICICI
Banks proposal for the employee is to keep the
Security Deposit in the form of a Fixed Deposit (FD)
with the Bank. The employee cannot withdraw such
FDs without the consent of the company and the
company has the right to withdraw the FD in the event of employee leaving the
organization before a certain stipulated period.
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PRIVILEGE BANKING:
Privilege banking service ensures preferential treatment to its customers.
Silver privilege A/c
Waiver of multi-city cheque book usage up to Rs. 1, 00,000 per month.
Waiver of DD/PO charges for up to Rs.50, 000 per day.
Preferential rates of gold coins, deposits locker &foreign exchange.
Quarterly average balance requirement of Rs.25000.
Gold privilege A/c
Priority processing at all ICICI Bank branches and customer care.
Free usage of payable -at-par cheque book.
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Free international gold debit card with higher daily withdrawal and spend
limit.
Waiver of DD/PO charges for up to Rs.100,000 per day.
Free anywhere banking facility.
Preferential rates for gold coins, deposit lockers and foreign exchange.
Quarterly Average Balance (QAB) requirement of Rs.50000.
Titanium privilege A/c
Branch relationship manager supported with phone banking relationship
manager.
Priority processing at ICICI Bank branches and customer care.
Free international titanium debit card with higher daily withdrawal and
spend limit.
Free anywhere banking facility.
Free usage of multi-city cheque book.
Free physical monthly account statement.
Complete waiver on DD/PO charges.
Preferential rates for gold coins, deposit lockers and foreign exchange.
Quarterly average balance (QAB) requirement of Rs.75000 and Total
Relationship Value (TRV)ofRs. 5,00,000.
Family banking:
Superior product benefits of privilege banking, wealth
management and global private client (GPC) available to all the
members of your family while the required minimum balance
can be maintained in any of the accounts.
Access to superior benefits for the entire family.
Flexibility to maintain balances across account.
20
network
gives
us
reach
21
to
most
parts
of
the
world.
Advantage Deposit
Advantage Deposit is a combination of fixed deposit and mutual fund investment,
offering you the safety of a fixed deposit and the returns of an equity fund.
Advantage Deposit counters equity-market fluctuations through Systematic
Investment Plans.
Combination of a Fixed Deposit (with monthly interest payout) and
Systematic Investment Plan (SIP) of a Mutual Fund.
Re-investment of monthly interest payout of Fixed Deposit into systematic
investment plan of Mutual Fund.
Automatic debits to account through Standing Instruction / ECS debit
mandate.
New Pension System of Government of India
ICICI Bank with 49 branches is a Point of Presence (POP) for the NEW PENSION
SYSTEM launched on May 1, 2009 by the Government of India. The scheme,
promoted by the PFRDA (Pension Fund Regulatory and Development Authority,
Government of India), is a first of its kind in India and is being launched pan-India
by 22 other POP's as well.
The purpose of this pension scheme is to promote security of income to its
subscribers in their old age. The scheme will empower a subscriber to plan his own
retirement and pension. It not only will help him save for life after retirement but
also is a good investment tool as the returns are market-driven. For optimum
returns, the Government has appointed six fund managers for subscribers to choose
from.
22
23
PERSONAL LOANS
ICICI Bank Personal Loans are easy to get and absolutely
hassle free. With minimum documentation you can now
secure a loan for an amount up to Rs. 15 Lakhs.
Loans for salaried &self employed individuals.
Loans are available from Rs. 20,000 to Rs. 15 Lakhs.
Repayment tenures from 12 - 60 months.
No Security, Collateral or Guarantors required.
Loans can be used for any purpose with no questions asked regarding the
end use of the loan.
A balance transfer facility available for those who want to retire any higher
debt.
All loan repayments are done via equated monthly installments (EMI).
24
CAR LOAN
25
26
27
28
29
CREDIT CARDS:
ICICI Bank Credit Cards give you the facility of cash, convenience and a
range of benefits, anywhere in the world. These benefits range from life time free
cards, Insurance benefits, and global emergency assistance
Service, discounts, utility payments, travel discounts and
much more.
DEBIT CARDS:
The ICICI Bank Debit Card is a revolutionary form of cash
that allows customers to access their bank account around
the clock, around the world. The ICICI Bank Debit Card
can be used for shopping at more than 100,000 merchants
in India and 13 million
Merchants worldwide.
TRAVEL CARD:
Presenting ICICI Bank Travel Card.The Hassle Free way to
Travel the world. Traveling with US Dollar, Euro, Pound
Sterling or Swiss Francs; Looking for security and
convenience; take ICICI Bank Travel Card. Issued in
duplicate. Offers the Pin based security. Has the
convenience of usage of Credit or Debit card.
30
iv INVESTMENTS
ICICI Bank cares about all
needs. Along with Deposit
products
and
Loan
offerings,
ICICI
Bank
assists people to
manage their finances by providing various investment options ranging from
ICICI Bank Tax Saving Bonds to Equity Investments through Initial Public
Offers and Investment in Pure Gold. ICICI Bank facilitates following
investment products:
ICICI Bank Tax Saving Bonds
Government of India Bonds
Investment in Mutual Funds
Initial Public Offers by Corporate
Investment in "Pure Gold"
Foreign Exchange Services
Senior Citizens Savings Scheme, 2004
31
Customers can invest in above products through any of ICICI bank branches. For
select products ICICI Bank also provides the ease of investing through electronic
channels like ATMs and Internet (ICICIdirect.com)
ICICI BANK BONDS
All ICICI Bank Bonds have been rated "AAA" by CARE and "LAAA"
by ICRA indicating the highest degree of safety for your money.
Investments in ICICI Bank Bonds are eligible for tax rebate under Sec
88 to the full extent possible. Bonds are listed on BSE, NSE
GOI BONDS
o 8%
Savings
Bonds
(Taxable),
2003.Low
risk.
o Reasonable
investment
tenure.Nomination
facility available.
o Cannot be traded in
secondary market.Interest
income taxable.
Mutual Funds
Mutual Funds pool money of various investors to purchase a wide variety of
securities while pursuing a specific goal. Selection of Securities for the purpose
is done by specialists from the field. Returns generated are distributed to the
Investors.
32
Mutual Fund Companies offer various schemes. Investors can choose any
particular Fund/Scheme or mix of Funds/Schemes depending upon their perception
towards risk. Investment is done on the basis of prevailing Net Asset Values of
various schemes. Mutual Funds Investments are subject to Market Risks.
Types of Funds Sold
ICICI Bank helps investor determine which types of funds you need to meet your
investment goals. This may include the following types of funds:
Debt: Liquid schemes, Income schemes, G-sec schemes, Monthly Income
Schemes etc. Equity: Diversified Equity Schemes, Sector Schemes, Index
Schemes etc.
Hybrid Funds: Balanced Schemes, Special Schemes - Pension Schemes, Child
educationSchemes etc.
ICICI Bank helps investors identify an appropriate mix of Mutual Fund
schemes for their portfolio using asset allocation strategies.
Through ICICI Bank investor can invest in various schemes of multiple mutual
funds with decent performance record. investor can take the aid of ICICI Banks
various research reports on
mutual funds and their schemes before choosing a scheme for investment. ICICI
Bank offers investment in Mutual Funds through Multiple Channels. With ICICI
Bank, investor can invest in Mutual Funds through following channels.
ICICI Bank Branches
ICICI Bank ATMS
ICICIdirect.com
33
34
35
36
Free Indus Young Saver Account with Recurring Deposit facility for your child.
37
Defense Accounts
Indus Force Maxima
38
Indus Force
INDUSIND Bank introduces Indus Force A salary account designed for our
Indian Army and Personnel with a bouquet of prestigious hand-picked value added
services such as:
Free Doorstep Banking at select locations Cash/ Cheque Pickup and Cash/
Demand Draft Delivery
39
40
DEPOSITS
Sweep In/Out Deposits
Features and benefits
IndusInd Bank has introduced the Sweep in/out Deposit facility that ensures your
money with complete safety, easy liquidity to meet your urgent needs at zero cost.
This type of deposit account is most suitable for individuals and corporate who are
getting continuous float in CA/SB.
Features: Automatic transfer of amount to term deposit for a specific period.. In
case of insufficient balance in the CA/SB account, required amount will be
transferred by breaking deposits
Minimum Deposit amount:
Savings Account- As per the account type held, refer to specific Savings
Account product feature
Current Account- As per the account type held, refer to specific Current
Account product feature
Interest Rate: As applicable to term deposits including senior citizen benefits
TDS in Interest: Applicable to the term deposits
Deposit Tenor: 30 days to 24 months
Nomination facility: Available
Premature Closure: Allowed
41
Interest Rate: As applicable for term deposits including the benefits of senior
citizens
TDS in Interest: No TDS as per current regulations
Deposit Tenor: 12 months to 120 months
Nomination facility: Available
Premature Closure: Allowed
Senior Citizen Scheme
Features and benefits
INDUSIND Bank introduces the Senior Citizen Scheme that offers higher interest
rates on deposits for people who have completed 60 years of age. This type of
deposit account is most suitable for senior citizens who have completed 60 years of
age.
Features: Special rate is applicable to senior citizen those who have completed 60
years of age. In case of joint deposits, the first name should be of the Senior
citizen. Deposits under senior citizen should not be used as security for commercial
purposes.
Minimum Deposit amount: INR.25, 000/Interest Rate: + 0.50% than the actual rate for the general public
TDS in Interest: Applicable
Deposit Tenor: 7 days to 120 months
Nomination facility: Available
Premature Closure: Allowed
44
ii.Loans
Loans Against property
Features and benefits
Maximum loan eligibility at attractive interest rates
Door step service, easy documentation & speedy approval
Loan against Residential or Commercial properties
Loan for purchase of commercial property
Funding against rentals from commercial property
Takeover of Existing loan with additional finance
Home Loan
Features and benefits
Wide range of Home loan products
Doorstep service with fast & easy processing of loan application
Transparent dealing with no hidden charges
Simplified documentation
Attractive interest rates
Balance transfer facility
Funding up to 30 years of tenor
Car Loan
Features and benefits
When the time arrives to own your dream car, let finances not be the stumbling
block. Drive home in your dream car with an Indus Car Loan.
45
46
Gold Loan
Features and benefits
Swift : Walk in with Gold and walk out with Loan
Simple: Easy Documentation and Attractive Interest Rates. Additional
discount for Women Borrowers and Agricultural Profession
Secure : Gold valued and sealed in your presence to ensure peace of mind
Smart : Lower outflow on a monthly basis as compared to various other
forms of credit
48
50
iii.Cards
Credit Cards
INDUSIND Bank Indulge Credit Card
The INDUSIND Bank Indulge Credit Card is literally worth its weight
in gold! This is the first credit card in the Indian sub-continent that
comes with a pure 22k gold inlay
A card that illustrates raw power
The INDUSIND Bank Indulge Credit Card comes with a no pre-set
spending limit! Because how do you put a limit on your imagination
A card that re-defines prestige
The INDUSIND Bank Indulge Credit Card comes with world class offerings to
match your opulence! Attain the pinnacle of grandeur with features like
personalized chef, chartered planes and yachts, art advisory services and many
more.
Pinnacle Credit Card
You stand for the highest high - a pinnacle of success, of a good life and a lifestyle
that commands nothing but the best! Presenting to you the INDUSIND Bank
Pinnacle Credit Card - a Card that truly stands for the best that there is.
INDUSIND Bank Pinnacle Credit Card comes with a comprehensive range of
travel, lifestyle and golf privileges tailor-made for your refined tastes. Come on
board and experience the pinnacle of luxury.
Signature Credit Card
A premium lifestyle deserves the special treatment. We are proud to present the
INDUSIND Bank Signature Credit Card that brings with it the best-in-class
privileges in travel and living, dining and lifestyle for your refined and posh like
tastes.
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52
Debit Card
International Classic VISA Debit Card
The INDUSIND Bank International Classic VISA Debit Card brings you to a
world of convenience and complete security, So whether you enjoy shopping,
eating out, travelling to a beautiful locale; add to it our wide array of reward and
redemption options and you have the perfect combination!
53
Indus Money
A loyalty Program for INDUSIND Bank customers.
At INDUSIND Bank, we believe that the best banking experiences are those that
give you more than just what's expected. And our Indus Money program has been
designed keeping this belief in mind. With INDUSIND Banks range of Savings
Accounts, besides the convenience of accessing your account anytime, anywhere,
the Indus Money program rewards you for performing even basic transactions on
your account.
54
International
55
V.Comparison
Between ICICI & INDUS Bank
56
57
Mar'14
Mar'13
Mar'12
Mar'11
.00
.00
.00
809.29
.00
.00
.00
1375.99
467.63
2652.91
5600.62
7491.15
.00
7958.78
5362.82
2595.96
720.31
1875.65
.00
.00
-467.63
1408.02
.00
.00
.00
661.46
.00
.00
.00
1094.90
263.10
2019.46
4963.77
6326.73
.00
6589.83
4750.37
1839.46
515.18
1324.28
.00
.00
-263.10
1061.18
.00
.00
.00
485.47
.00
.00
.00
857.53
180.38
1523.38
3835.82
4847.60
.00
5027.98
3654.95
1373.03
390.04
982.99
.00
.00
-180.38
802.61
.00
.00
.00
382.65
.00
.00
.00
625.83
201.89
1210.37
2378.99
3092.65
.00
3294.54
2212.87
1081.67
302.46
779.21
.00
.00
-201.89
577.32
.00
529.45
9724.08
40.00
4495.50
84.91
.00
.00
33.88
.00
525.64
8120.05
.00
4455.47
84.79
.00
.00
26.80
.00
522.87
6894.70
.00
4427.78
84.71
.00
.00
20.30
.00
467.70
4054.67
.00
3765.10
80.54
.00
13.85
17.17
.00
465.97
3358.90
.00
3747.74
80.46
.00
15.89
12.39
Rs (in Crores)
58
Mar'14
Mar'13
Mar'12
Mar'11
0
0
6745.95
3899.99
15395.8
33695.3
45871.5
0
49771.4
30051.5
19719.9
4644.57
15075.3
0
0
-3900
11175.4
0
0
6088.75
2626.4
12935.3
31242.9
41670.8
0
44297.2
27702.6
16594.6
4157.69
12436.9
0
0
-2626.4
9810.48
0
0
5119.59
1802.54
10815.4
29260.2
37605.9
0
39408.4
26209.2
13199.2
3071.22
10128
0
0
-1802.5
8325.47
0
0
4335.16
1583.04
9433.48
24109.2
31611.9
0
33195
22808.5
10386.5
2338.17
8048.3
0
0
-1583
6465.26
0
0
3800.31
2286.84
8904.09
17070
23717.9
0
26004.7
16957.2
9047.55
1609.33
7438.22
0
0
-2286.8
5151.38
0
0
0
0
0
1159.66 1155.04 1153.64 1152.77 1151.82
79262.3 72051.7 65547.8 59250.1 53938.8
250
0
0
0
0
59
8000
INDUSIND BANK
6000
4000
2000
0
BRANCHES
ATMs
60
INDUSIND BANK
15075.3
12436.9
10128
8084.3
7438.22
779.21
Jan/11
982.99
Jan/12
1324.28
Jan/13
1875.65
Jan/14
2128.77
Jan/15
According to the comparison the ICICI bank is much better than INDUSIND
bank.
61
VI. ANALYSIS
6.1 SWOT ANALYSIS OF ICICI
STRENGTHS
All the branches are interconnected which give the unique facility of
anywhere banking.
Branches of ICICI Bank are well equipped with advanced technology to
provide the customers with taster banking services
All operations of the bank are carried on with the help of computers thus
transaction are carried with greater efficiency.
ATM +Debit card facility.
High number of executives which make the work of customers very
convenient.
The withdrawal limit provided by the bank is 40000 per day through ATM
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WEAKNESS
OPPORTUNITIES
THREATS
STRENGTH
Right strategy for the right products.
Superior customer service vs. competitors.
Great Brand Image
Products have required accreditations.
High degree of customer satisfaction.
Good place to work
Lower response time with efficient and effective service.
WEAKNESSES
Some gaps in range for certain sectors.
Customer service staff need training.
Processes and systems, etc
Management cover insufficient.
OPPORTUNITIES
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THREATS
Legislation could impact.
Great risk involved
Very high competition prevailing in the industry.
Vulnerable to reactive
attack by major competitors
Lack of infrastructure in rural areas could constrain investment.
High volume/low cost market is intensely competitive.
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VII.CONCLUSION
The balance-sheet is an important tools for investors and many other parties. The
balance sheet is a snapshot at a single point of time of the companys accountscovering its assets, liabilities and shareholders equity. The purpose of the balancesheet is to give users an idea of the companys financial position along with
displaying what the company owns and owes. It is important that all investors
know how to use, analyze and read balance-sheet. P & L account tells the net profit
and net loss of a company and its appropriate
In the case of ICICI bank continued to grow and diversify its assets base and
revenue streams. Bank maintained its leadership in all main areas such as retail
credit, wholesale business, international operation, insurance, mutual fund, rural
banking etc. Continuous increase in the number of branches, ATM and electronic
channels shows the growth take place in bank. ICICI Banks financial position is
good.
Today nationalize, private, foreign bank are spending much of their advertisement
CRM activities. Though INDUSIND bank understands all these issues but the pace
is very slow for them compare to other banks. But existing customer are very much
satisfied with the facilities of INDUSIND bank.
According to project products and services offered by the ICICI BANK are more
as compare to the INDUSIND BANK. Branches and ATMs are also more in
numbers as compare to Indus bank. Services provided by ICICI are more
qualitative, even the services provided by INDUSIND Bank are qualitative but
limited also.ICICI Bank has very large business all over world.
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VIII.WEBLIOGRAPHY
www.wikipedia.com
www.icici.com
www.indusind.com
www.scribd.com
www.etmarkets.com
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