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ICICI Bank Business Strategy

ICICI Bank Business Strategy

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Published by ece_shreyas
The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. ICICI emerges as the major source of foreign currency loans to Indian industry.
The Industrial Credit and Investment Corporation of India Limited (ICICI) incorporated at the initiative of the World Bank, the Government of India and representatives of Indian industry, with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. ICICI emerges as the major source of foreign currency loans to Indian industry.

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Published by: ece_shreyas on Mar 26, 2012
Copyright:Attribution Non-commercial

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06/01/2013

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CONTENTS
 
INTRODUCTION
 HISTORY OF BANKING SYSTEM IN INDIA
India has always been land of great economist and the banking system in India is as old as itshistory itself. From past to present, Banking System in India has taken many forms. The phases inthe Indian Banking Sector can be divided in 4 parts:
PRE NATIONALIZATION PHASE
With coming up of Britishers in India, commercial banks got established. The first bank to beestablished was the Central Bank in 1786
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. After that came the Hindustan Bank and Bengal Bank.The East India Company came up with some of its own banks. They include Bank of Bengal(1809), Bank of Bombay (1840) and Bank of Madras (1843). Though these Banks worked asindependent units but together they were called as Presidency Bank. These three banks were later 
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