Banks in India

Banks In India
Vision of Banks in India
The banking scenario in India has already gained all the momentum, with the domestic and international banks gathering pace. The
focus of all banks in India has shifted their approach to 'cost', determined by revenue minus profit. This means that all the resources
should be used efficiently to better the productivity and ensure a win-win situation. To survive in the long run, it is essential to focus
on cost saving. Previously, banks focused on the 'revenue' model which is equal to cost plus profit. Post the banking reforms, banks
shifted their approach to the 'profit' model, which meant that banks aimed at higher profit maximization.
Focus of banks in India
The banking industry is slated for growth in future with a more qualitative rather than quantitative approach. The total assets of all
scheduled commercial banks by end-March 2010 is projected to touch Rs 40,90,000 crore. This is going to comprise around 65% of
GDP at current market prices as compared to 67% in 2002-03. The bank's assets are estimated to grow at an annual composite
rate of growth of 13.4% during the rest of the decade as against 16.7% between 1994-95 and 2002-03.
Barring the asset side, on the liability perspective, there will be huge additions to the capital base and reserves. People will rely
more on borrowed funds, pace of deposit growth slowing down side by side. However, advances and investments would not see a
healthy growth rate.
Consolidation of Banks in India
Would the banking industry in India get opened up for more international competition? India would see a large number of global
banks controlling huge stakes of the banking entities in the country. The overseas banking units would bring along with it capital,
technology, and management skills. This would lead to higher competition in the banking frontier and ensure greater efficiency. The
FDI norms in the banking sector would give more leverage to the Indian banks.
Thus, a consolidation phase in the banking industry in India is expected in the near future with mergers and acquisitions gathering
more pace. One might also see mergers between public sector banks or public sector banks and private banks. Credit cards,
insurance are the next best strategic places where alliances can be formed.
Future challenges of Banks in India
The Indian banks are hopeful of becoming a global brand as they are the major source of financial sector revenue and profit growth.
The financial services penetration in India continues to be healthy, thus the banking industry is also not far behind. As a result of
this, the profit for the Indian banking industry will surely surge ahead. The profit pool of the Indian banking industry is probable to
augment from US$ 4.8 billion in 2005 to US$ 20 billion in 2010 and further to US$ 40 billion by 2015. This growth and expansion
pace would be driven by the chunk of middle class population. The increase in the number of private banks, the domestic credit
market of India is estimated to grow from US$ 0.4 trillion in 2004 to US$ 23 trillion by 2050. Third largest banking hub of the globe
by 2040 - is that vision too far away?
Axis Bank
Axis Bank, previously known as UTI Bank, is one of the Big Four Banks of India along with State Bank of India, HDFC Bank and
ICICI Bank. Established in 1994, it's the first of the new private sector banks in India to start its operations, when Government of
India opened the gate for the private banks to flock into the Indian financial market. Though the bank started its operation with the
name UTI Bank, but later, in order to avoid ambiguities and confusion with other discrete entities carrying the same name, it
changed its name to its current form (Axis Bank) in April 2007.
Axis Bank Limited recorded a total income of Rs. 13,745.04 crore as on the year ended March 31, 2009. It also made a net
profit of Rs. 1,812.93 crore in the same financial year.
Joint Promotion
Axis Bank was jointly promoted by the following:
• Unit Trust of India (UTI-I)
• Life Insurance Corporation of India (LIC)
• General Insurance Corporation Ltd.
• National Insurance Company Ltd.
• The New India Assurance Company
• The Oriental Insurance Corporation
• United Insurance Company Ltd.
Axis Bank has its registered office at Ahmedabad, while its central office is located at Mumbai. Currently it has an extensive network
of over 905 branches across the nation. It also has a network of more than 3894 ATMs.
• Axis Bank branches

• Axis Bank loans
• Axis Bank Internet Banking
Offerings
Axis Bank offers a range of financial products and services to its clients throughout the country. It also has special strength in retail
and corporate banking. Axis Bank offers following services:
• Personal Banking
• Corporate Banking
• NRI
• Priority Banking
Personal Banking
The Personal Banking of Axis Bank includes following services:
• Accounts
○ Zero Balance Savings Account
○ Krishi Savings Account
○ EasyAccess Savings Account
○ Prime Savings Account
○ Corporate Salary Account
○ Women's Savings Account
○ Demat Account
○ Senior Citizen's Account
○ Defence salary Account
○ Trust/NGO Savings Account
○ RFC(D) Account
○ Azzadi - No Frills
○ Pension Savings Account
• Deposits
○ Fixed Deposits
○ Recurring Deposits
○ Encash 24
○ Tax Saver Fixed Deposit
• Loans
○ Home Loan
○ Car Loan
○ Personal Loan
○ Loan Against Shares
○ Loan Against Property
○ Loan Against Security
○ Study Loan
○ Consumer Loan
• Cards
○ Credit Cards
○ Debit Cards
○ Prepaid Cards
• Investments
○ Mohur Gold
○ Online Trading
○ Mutual Funds
○ Demat Account
○ A Smile Solution
○ Kal Bhi, Aaj Bhi
• Insurance
○ Life Insurance
 Life Insurance Products
 5 For Life
○ Health Insurance
 Family Health
 Silver Health
○ Motor Insurance
○ Jewellery Insurance
○ Personal Accident
 Safe Guard
○ Home
 Safe Home
 Safe Home Plus
○ Travel Companion
○ Critical Illness
○ Business advantage
• Payments
○ Bill Pay
○ Electronic Clearing Service
○ Tax Payments
 Tax e-Payments
 Direct Tax Payments
 Pension Disbursement
• Other Services
○ Mobile Refill
○ Locker
○ Online Shopping
○ IPOSmart
○ E-Statement
Corporate Banking
Following services are offered by Axis Bank under Corporate Banking:
• Accounts
○ Normal Current Account
○ Business Advantage Account
○ Business Select Account
○ Business Classic Account
○ Business Privilege Account
○ Channel One Account
○ Current Account for Govt. Organizations
○ Current Account for Banks
○ Current Account for Builders & Real Estate
○ Capital Market Current Account
○ Krishi Current Account
○ Business Global Current Account
○ Club 50 Current Account
○ Shipping and Maritime Current Account
○ Inland Road Transport Current Account
○ Travel, Tourism and Hospitality Current Account
○ Local Current Account
○ Current Account for Pharma
○ Cash Management Current Account
○ Current Account for Chartered Accountants
• Credit
○ Large Corporates
 Working Capital Finance
 Term Loans
 Trade Services
 Structured Finance
 Supply Chain Management
 Overseas Transactions
○ Agri Business
 Kisan Power
 Powertrac
 Commodity Power
 Contract Farming
 Arthia Power
○ SME Standard
○ SME Fast Track
○ Microfinance
• Capital Market
○ Debt Solutions
○ Equity Solutions
○ Private Equity, Mergers & Acquisitions
○ Advisory Services
○ Trusteeship Services
○ Depository Services
○ eDepository Services
○ Capital Market Funding
○ Custodial Services
○ e-Broking
• Treasury
○ Forex
○ International Business
○ Money Market
○ Constituent SGL Facilities
○ Retailing of Government Securities
• Cash Management Services
○ Payment Solutions
○ Collection Solutions
• Govt. Business
○ Authorisation
○ Direct Tax Payment
○ Indirect Tax Payment
○ State Tax Payment
○ Pension Disbursement
○ Other Services
○ e-Payments
○ e-Governance Tie-ups
○ Online Tax Payment
○ New Pension System (NPS)
NRI
Axis Bank offers following services for the NRIs:
• Accounts
○ NRE Savings Account
○ NRO Savings Account
○ NRI Prime Account
○ NRI Priority
○ PIS Account
○ NRE Salary Account
○ RFC Account
• Deposits
○ NRE Rupee Deposit
○ NRO Rupee Deposit
○ FCNR Deposit
○ RFC Term Deposit
• Remittances
○ AxisRemit
○ SWIFT
○ Partner Banks
○ Exchange House Tie-ups
○ NRI Connect
• Services
○ PAN Assistance
○ Locker
○ NRI Local Post Box
Priority Banking
Following services are offered under this category:
• Accounts
○ Resident
○ NRI
• Deposits
○ Fixed Deposits
○ Recurring Deposits
○ Encash 24
• Loans
○ Home Loan
○ Personal Loan
○ Loan Against Property
○ Loan Against Security
○ Car Loan
○ Study Power
○ Consumer Power
• Cards
○ Priority Debit Card
○ Credit Cards
 Platinum Credit Card
 Gold Plus Credit Card
 Gold Credit Card
 Silver Credit Card
 Secured Credit Card
 eShop Card
○ Travel Currency Card
○ Remittance Card
○ Gift Card
• Investments
○ Resident Indians
 Mohur Gold
 Online Trading
 Mutual Funds
 Depository Services
 eDepository Services
○ NRI
 PIS Account
 PAN Assistance
• Payments
○ Bill Pay
○ Electronic Clearing Service
○ Tax Payments
 Direct Tax Payments
 Pension Disbursement
• Remittances
○ SWIFT
○ Partner Banks
• Other Services
○ Mobile Refill
○ Locker
○ Online Shopping
24 x 7 Banking
Following services are offered under 24 x 7 Banking:
• Internet Banking
• Mobile Banking
○ Savings Account
○ NRI Account
○ Current Account
• Phone Banking
• Visa Money Transfer
• Power Transfer
• ATM
Address
Axis Bank Limited
131, Maker Tower - F,
Cuffe Parade,
Colaba,
Mumbai - 400 005
Tel: +91-22-6707-4407
Fax: +91-22-2218-1429
Web: www.axisbank.com
Balance Sheet of Axis Bank ------------------- in Rs. Cr. -------------------
Mar '06 Mar '07 Mar '08 Mar '09 Mar '10
12 mths 12 mths 12 mths 12 mths 12 mths
Capital and Liabilities:

Total Share Capital 278.69 281.63 357.71 359.01 405.17
Equity Share Capital 278.69 281.63 357.71 359.01 405.17
Share Application Money 13.44 0.00 2.19 1.21 0.17
Preference Share Capital 0.00 0.00 0.00 0.00 0.00
Reserves 2,593.50 3,120.58 8,410.79 9,854.58 15,639.27
Revaluation Reserves 0.00 0.00 0.00 0.00 0.00
Net Worth 2,885.63 3,402.21 8,770.69 10,214.80 16,044.61
Deposits 40,113.53 58,785.60 87,626.22 117,374.11 141,300.22
Borrowings 2,680.93 5,195.60 5,624.04 10,185.48 17,169.55
Total Debt 42,794.46 63,981.20 93,250.26 127,559.59 158,469.77
Other Liabilities & Provisions 4,051.03 5,873.80 7,556.90 9,947.67 6,133.46
Total Liabilities 49,731.12 73,257.21 109,577.85 147,722.06 180,647.84
Assets
Cash & Balances with RBI 2,429.40 4,661.03 7,305.66 9,419.21 9,473.88
Balance with Banks, Money at Call 1,212.45 2,257.27 5,198.58 5,597.69 5,732.56
Advances 22,314.23 36,876.48 59,661.14 81,556.77 104,343.12
Investments 21,527.35 26,897.16 33,705.10 46,330.35 55,974.82
Gross Block 898.68 1,098.93 1,384.70 1,741.86 2,107.98
Accumulated Depreciation 345.33 450.55 590.33 726.45 942.79
Net Block 553.35 648.38 794.37 1,015.41 1,165.19
Capital Work In Progress 14.37 24.82 128.48 57.48 57.24
Other Assets 1,679.98 1,892.07 2,784.51 3,745.15 3,901.06
Total Assets 49,731.13 73,257.21 109,577.84 147,722.06 180,647.87
Contingent Liabilities 36,524.72 55,993.04 78,028.44 104,428.39 296,125.58

Bills for collection 8,518.42 11,751.83 16,569.95 29,906.04 35,756.32
Book Value (Rs) 103.06 120.80 245.13 284.50 395.99
Source : Religare Technova
Explore Axis Bank connections
Profit & Loss account of Axis Bank ------------------- in Rs. Cr. -------------------
Income
2,888.7
Interest Earned 4,560.40 7,005.32 10,835.49 11,638.02
9
Other Income 713.71 986.49 1,750.59 2,896.88 3,945.78
3,602.5
Total Income 5,546.89 8,755.91 13,732.37 15,583.80
0
Expenditure
1,810.5
Interest expended 2,993.32 4,419.96 7,149.27 6,633.53
6
Employee Cost 240.20 381.35 670.25 997.66 1,255.82
Selling and Admin Expenses 406.12 589.31 952.61 1,572.83 2,443.05
Depreciation 92.19 111.86 158.11 188.67 234.32
Miscellaneous Expenses 568.35 812.03 1,483.94 2,008.57 2,502.55
Preoperative Exp Capitalised 0.00 0.00 0.00 0.00 0.00
Operating Expenses 925.19 1,387.06 2,454.03 3,590.42 5,066.76
Provisions & Contingencies 381.67 507.49 810.88 1,177.31 1,368.98
3,117.4
Total Expenses 4,887.87 7,684.87 11,917.00 13,069.27
2
Net Profit for the Year 485.08 659.03 1,071.03 1,815.36 2,514.53
Extraordionary Items 0.00 -31.80 0.00 0.00 0.00
Profit brought forward 197.41 731.04 1,029.07 1,553.87 2,348.09
Total 682.49 1,358.27 2,100.10 3,369.23 4,862.62
Preference Dividend 0.00 0.00 0.00 0.00 0.00
Equity Dividend 112.55 148.79 251.64 420.52 567.45
Corporate Dividend Tax 0.00 0.00 0.00 0.00 0.00
Per share data (annualised)
Earning Per Share (Rs) 17.41 23.40 29.94 50.57 62.06
Equity Dividend (%) 35.00 45.00 60.00 100.00 120.00
Book Value (Rs) 103.06 120.80 245.13 284.50 395.99
Appropriations
Transfer to Statutory Reserves -161.10 180.40 294.60 600.62 867.43
Transfer to Other Reserves 0.00 0.00 -0.01 0.00 0.31
Proposed Dividend/Transfer to Govt 112.55 148.79 251.64 420.52 567.45
Balance c/f to Balance Sheet 731.04 1,029.07 1,553.87 2,348.09 3,427.43
Total 682.49 1,358.26 2,100.10 3,369.23 4,862.62
Key Financial Ratios of Axis Bank ------------------- in Rs. Cr. -------------------
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06
Investment Valuation Ratios

Face Value 10.00 10.00 10.00 10.00 10.00
Dividend Per Share 3.50 4.50 6.00 10.00 12.00
Operating Profit Per Share (Rs) 34.12 42.36 56.88 83.56 97.29
Net Operating Profit Per Share (Rs) 128.98 193.93 244.63 377.46 380.27
Free Reserves Per Share (Rs) 75.38 86.60 208.03 230.47 325.87
Bonus in Equity Capital -- -- -- -- --
Profitability Ratios
Interest Spread 3.14 3.27 3.77 4.24 3.95
Adjusted Cash Margin(%) 16.07 14.11 14.19 14.76 17.63
Net Profit Margin 13.47 12.01 12.22 13.31 16.10
Return on Long Term Fund(%) 88.56 119.74 71.17 97.35 66.34
Return on Net Worth(%) 18.28 19.37 12.21 17.77 15.67
Adjusted Return on Net Worth(%) 16.94 19.45 12.38 17.85 15.69
Return on Assets Excluding Revaluations 0.98 0.90 0.98 284.50 395.99
Return on Assets Including Revaluations 0.98 0.90 0.98 284.50 395.99
Management Efficiency Ratios
Interest Income / Total Funds 8.22 8.88 9.57 10.53 9.38
Net Interest Income / Total Funds 4.08 4.01 4.74 4.98 5.34
Non Interest Income / Total Funds 0.01 0.03 0.02 0.06 0.12
Interest Expended / Total Funds 4.14 4.87 4.83 5.56 4.04
Operating Expense / Total Funds 1.90 2.07 2.51 2.64 2.94
Profit Before Provisions / Total Funds 1.98 1.79 2.07 2.25 2.38
Net Profit / Total Funds 1.11 1.07 1.17 1.41 1.53
Loans Turnover 0.19 0.18 0.18 0.19 0.17
Total Income / Capital Employed(%) 8.23 8.92 9.59 10.60 9.51
Interest Expended / Capital Employed(%) 4.14 4.87 4.83 5.56 4.04
Total Assets Turnover Ratios 0.08 0.09 0.10 0.11 0.09
Asset Turnover Ratio 4.00 4.97 6.32 7.78 7.31
Profit And Loss Account Ratios
Interest Expended / Interest Earned 62.68 65.64 63.09 65.98 57.00
Other Income / Total Income 0.18 0.39 0.16 0.60 1.30
Operating Expense / Total Income 23.13 23.26 26.20 24.95 30.96
Selling Distribution Cost Composition 0.47 0.54 0.85 0.34 0.30
Balance Sheet Ratios
Capital Adequacy Ratio 11.08 11.57 13.73 13.69 15.80
Advances / Loans Funds(%) 58.50 69.07 75.89 73.87 72.96
Debt Coverage Ratios
Credit Deposit Ratio 52.79 59.85 65.94 68.89 71.87
Investment Deposit Ratio 49.85 48.96 41.39 39.04 39.55
Cash Deposit Ratio 8.18 7.17 8.17 8.16 7.30
Total Debt to Owners Fund 13.97 17.28 9.99 11.49 8.81
Financial Charges Coverage Ratio 1.53 1.41 1.46 1.43 1.62
Financial Charges Coverage Ratio Post Tax 1.32 1.26 1.28 1.28 1.41
Leverage Ratios
Current Ratio 0.04 0.03 0.03 0.03 0.03
Quick Ratio 6.52 7.39 9.23 9.52 19.19
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit 23.20 22.57 23.49 23.16 22.56
Dividend Payout Ratio Cash Profit 19.49 19.30 20.47 20.98 20.64
Earning Retention Ratio 76.88 77.53 76.84 76.94 77.47
Cash Earning Retention Ratio 80.57 80.78 79.78 79.11 79.39
AdjustedCash Flow Times 69.28 75.97 70.42 58.33 51.33
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06
Earnings Per Share 17.41 23.40 29.94 50.57 62.06

Book Value 103.06 120.80 245.13 284.50 395.99
Competition
Last Price Market Cap. Net Interest Net Profit Total Assets
(Rs. cr.) Income
ICICI Bank 949.80 105,946.27 25,706.93 4,024.98 363,399.71
HDFC Bank 2,090.70 96,107.54 16,172.91 2,948.69 183,270.78
Axis Bank 1,314.30 53,617.38 11,638.02 2,514.53 180,647.87
Kotak Mahindra 811.55 28,290.18 3,255.62 561.11 37,436.31
YES BANK 296.30 10,104.43 2,369.71 477.74 36,382.50
IndusInd Bank 206.10 8,471.95 2,706.99 350.31 35,369.52
Federal Bank 328.55 5,616.38 3,673.23 464.55 38,850.88
ING Vysya Bank 341.00 4,093.60 2,232.90 242.22 33,880.24
JK Bank 801.50 3,885.50 3,056.88 512.38 37,693.26
Karur Vysya 609.45 3,317.58 1,757.94 336.03 21,993.49
Bank of India
About Bank of India
A group of eminent businessmen from Mumbai started the Bank of India (also known as BoI) on 7th September, 1906. Initially the
bank was owned privately till it was nationalized in July 1969. Bank of India began its operations with just Rs. 50 lakh and 50
employees. Over the years, the bank has made rapid progress and has become a one of the leading financial institutions in the
country with presence both in and outside the country. The bank has over 3000 branches spread all over the country consisting of
136 specialized branches. Among the nationalized banks in the country, the business volume of the Bank of India occupies a
premier position.
Bank of India Products and Services

Apart from the standard services offered by the bank to its clients, the bank offers some special services as well. The bank offers
multi banking facility to customers of network branches of the bank. As a part of this facility, the customers of one branch will be bale
to transact on his account from any of the network branch of the bank. Currently this facility is available at 200 cities across the
country. The various services available under multi branch banking includes cash payment, cash deposit, inquiry about the fate of a
cheque, stop payment on a cheque, transfer of funds, balance inquiry and bank statement.
Bank of India has been one of the pioneers in launching important schemes in the areas of distribution, technology, international
operations and risk management. The bank aims at strengthening customer relations, expand delivery channels, strengthening the
revenue streams and increasing international capabilities and services.
Bank of India Loans

Bank of India offers its clients different types of loans to meet varied requirements. There bank offers personal loans, commercial
loans, trade finance loans, NRI loans, SME, agriculture and priority castor loans. All the loan schemes have easy repayment options
making it a good option for those who require loans. Some of the loan schemes under personal loan include:
• Star IPO
• Star Autofin
• Star Home Loan
• Star Holiday Loan
• Star Personal Loan
• Star Mortgage Loan
• Star Educational Loan
• Star Mitra Personal Loan
• Star Pensioner Loan Scheme
• Star Mahila Gold loan Scheme
• Star Home Loan Scheme-Special Package
The bank has a whole range of online services on offer for clients. Some of the services are: online payment of bills, mobile banking,
online ASBA IPO, internet banking, online booking of air and rail tickets, online payment of taxes like direct tax, service tax, excise
tax, central tax and online trading of shares.
Bank of India International Branches

The international branches of the bank of India are located at:
• UK
• USA
• UAE
• France
• Belgium
• Japan
• Hongkong
• China
• Kenya
• Singapore
• Indonesia
• Vietnam
• West Indies
• South Africa
• Channel Islands
Address
Bank of India
Star House
C - 5, "G" Block,
Bandra Kurla Complex,
Bandra (East),
Mumbai 400 051
Phone: 022-66684444
ith RBI 5,588.42 7,196.89 11,741.85 8,915.28 15,602.62
Advances 65,173.74 84,935.89 113,476.33 142,909.37 168,490.71
Investments 31,781.75 35,492.76 41,802.88 52,607.18 67,080.18
Gross Block 1,674.00 1,733.50 3,448.44 3,578.23 3,790.81
Accumulated Depreciation 874.71 955.61 1,049.28 1,156.75 1,504.07
Net Block 799.29 777.89 2,399.16 2,421.48 2,286.74
Other Assets 3,062.83 3,013.50 3,407.32 5,692.02 5,813.63
Total Assets 112,274.28 141,636.99 178,830.00 225,501.75 274,966.46

Book Value (Rs) 99.03 117.89 168.06 224.39 243.75
Explore Bank of India connections
Profit & Loss account of Bank Of India ------------------- in Rs. Cr. -------------------
Income
Interest Earned 7,028.70 9,180.33 12,355.22 16,347.36 17,877.99
Other Income 1,184.38 1,562.95 2,116.93 3,051.86 2,616.64
Total Income 8,213.08 10,743.28 14,472.15 19,399.22 20,494.63
Expenditure
Interest expended 4,396.72 5,739.86 8,125.95 10,848.45 12,122.04
Employee Cost 1,328.13 1,614.00 1,657.01 1,937.41 2,296.07
Selling and Admin Expenses 858.15 957.63 1,122.39 1,120.62 2,334.80
Depreciation 96.73 96.73 73.13 69.37 101.29
Miscellaneous Expenses 831.91 1,211.89 1,484.26 2,416.02 1,899.36
Operating Expenses 2,650.74 3,165.32 3,342.23 3,716.65 5,422.07
Provisions & Contingencies 464.18 714.93 994.56 1,826.77 1,209.45
Total Expenses 7,511.64 9,620.11 12,462.74 16,391.87 18,753.56
Net Profit for the Year 701.44 1,123.17 2,009.40 3,007.35 1,741.07
Extraordionary Items 0.00 0.00 0.00 0.00 0.00
Profit brought forward 220.00 541.76 541.76 0.00 0.00
Total 921.44 1,664.93 2,551.16 3,007.35 1,741.07
Equity Dividend 166.73 196.69 245.77 491.54 428.65
Equity Dividend (%) 34.00 35.00 40.00 80.00 70.00
Book Value (Rs) 99.03 117.89 168.06 224.39 243.75
Appropriations
Transfer to Statutory Reserves -76.79 405.60 795.78 1,518.33 686.86
Transfer to Other Reserves 289.74 520.88 1,509.61 997.48 625.56
Balance c/f to Balance Sheet 541.76 541.76 0.00 0.00 0.00
Total 921.44 1,664.93 2,551.16 3,007.35 1,741.07
Key Financial Ratios of Bank Of India ------------------- in Rs. Cr. -------------------
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Face Value 10.00 10.00 10.00 10.00 10.00
Interest Spread 4.13 4.60 4.80 4.96 4.57
Loans Turnover 0.13 0.14 0.14 0.14 0.13
Leverage Ratios
Current Ratio 0.03 0.02 0.02 0.03 0.02
Quick Ratio 9.89 10.30 11.63 12.30 22.15
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Book Value 99.03 117.89 168.06 224.39 243.75
Competition
(Rs. cr.) Income
SBI 2,619.35 166,298.21 70,993.92 9,166.05 1,053,413.74
PNB 1,100.45 34,697.46 21,466.91 3,905.35 296,632.79
Bank of Baroda 759.60 27,765.66 16,698.34 3,058.33 278,316.71
Bank of India 434.70 22,861.31 17,877.99 1,741.07 274,966.46
Canara Bank 476.20 19,524.20 18,751.96 3,021.43 264,741.09
Union Bank 318.25 16,075.38 13,302.68 2,074.92 195,161.85
Indian Bank 230.55 9,908.35 7,857.06 1,554.99 84,121.74
Oriental Bank 390.35 9,779.82 10,257.12 1,134.68 137,431.00
Allahabad Bank 201.90 9,018.87 8,369.20 1,206.33 97,648.00
IDBI Bank 119.15 8,637.03 15,272.63 1,031.13 233,572.01
Balance Sheet of Dena Bank ------------------- in Rs. Cr. -------------------

Reserves 778.74 953.46 1,279.69 1,662.09 2,106.23
Net Worth 1,339.23 1,496.40 1,800.66 2,170.50 2,601.69
Deposits 23,623.06 27,689.91 33,943.18 43,050.61 51,344.28
Borrowings 0.99 450.95 394.62 52.13 1,561.92
Total Debt 23,624.05 28,140.86 34,337.80 43,102.74 52,906.20
Assets
Balance with Banks, Money at Call 817.13 861.36 504.64 874.71 759.49
Advances 14,231.24 18,303.39 23,023.98 28,877.96 35,462.44
Investments 8,570.67 9,235.05 10,282.98 12,473.08 15,694.23
Gross Block 753.68 781.88 781.65 798.33 828.95
Net Block 458.52 441.81 411.94 405.07 407.06
Other Assets 779.32 651.64 885.09 847.20 908.11
Total Assets 26,545.34 31,450.65 38,641.73 48,460.52 57,586.58

Book Value (Rs) 37.15 43.24 54.62 67.95 83.43
Explore Dena Bank connections
Profit & Loss account of Dena Bank ------------------- in Rs. Cr. -------------------
Income
Interest Earned 1,760.13 2,118.52 2,710.05 3,447.50 4,010.36
Other Income 458.99 422.24 478.13 430.13 588.63
Total Income 2,219.12 2,540.76 3,188.18 3,877.63 4,598.99
Expenditure
Employee Cost 354.25 384.08 370.85 467.89 511.59
Selling and Admin Expenses 353.74 412.49 404.86 359.11 270.55
Depreciation 32.41 31.78 29.45 26.84 27.61
Miscellaneous Expenses 348.31 247.69 206.10 218.05 367.66
Operating Expenses 798.25 899.42 914.45 967.63 944.80
Provisions & Contingencies 290.46 176.62 96.81 104.26 232.61
Total Expenses 2,126.17 2,339.20 2,828.40 3,454.96 4,087.74

Net Profit for the Year 92.95 201.56 359.79 422.66 511.25
Total 92.95 201.56 359.79 422.66 511.25
Equity Dividend 0.00 26.85 33.56 40.27 67.11
Equity Dividend (%) 0.00 8.00 10.00 12.00 20.00
Book Value (Rs) 37.15 43.24 54.62 67.95 83.43
Appropriations
Transfer to Statutory Reserves 21.05 62.93 147.40 172.92 184.78
Transfer to Other Reserves 51.94 111.78 178.83 209.47 259.36
Total 72.99 201.56 359.79 422.66 511.25
Key Financial Ratios of Dena Bank ------------------- in Rs. Cr. -------------------
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Face Value 10.00 10.00 10.00 10.00 10.00
Dividend Per Share -- 0.80 1.00 1.20 2.00
Operating Profit Per Share (Rs) -2.59 2.49 7.02 11.65 17.06
Interest Spread 3.46 4.00 3.67 3.97 3.35
Loans Turnover 0.14 0.14 0.14 0.14 0.13
Leverage Ratios
Current Ratio 0.03 0.02 0.02 0.02 0.02
Quick Ratio 10.55 11.53 10.96 10.89 19.59
Dividend Payout Ratio Net Profit -- 13.31 9.32 9.52 13.12
Dividend Payout Ratio Cash Profit -- 11.50 8.62 8.95 12.45
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06
Book Value 37.15 43.24 54.62 67.95 83.43
Competition
(Rs. cr.) Income
SBI 2,619.35 166,298.21 70,993.92 9,166.05 1,053,413.74
PNB 1,100.45 34,697.46 21,466.91 3,905.35 296,632.79
Bank of Baroda 759.60 27,765.66 16,698.34 3,058.33 278,316.71
Bank of India 434.70 22,861.31 17,877.99 1,741.07 274,966.46
Canara Bank 476.20 19,524.20 18,751.96 3,021.43 264,741.09
Union Bank 318.25 16,075.38 13,302.68 2,074.92 195,161.85
Indian Bank 230.55 9,908.35 7,857.06 1,554.99 84,121.74
Oriental Bank 390.35 9,779.82 10,257.12 1,134.68 137,431.00
Allahabad Bank 201.90 9,018.87 8,369.20 1,206.33 97,648.00
IDBI Bank 119.15 8,637.03 15,272.63 1,031.13 233,572.01
Dena Bank 98.70 2,830.94 4,010.36 511.25 57,586.58
State Bank of India
The State Bank of India, popularly known as SBI, is one of the leading banks in India. The bank traces its origin to the first decade of
the 19th century. Later on, it was merged with the Imperial Bank. In the year 1955, the Government of India nationalized the Imperial
Bank along with the Reserve Bank of India. Ever since that time, the bank acquired its present name that is SBI.
The State Bank of India is India's largest commercial bank. The bank has been striving sincerely to adhere to the efforts of providing
utmost customer satisfaction to the best possible extent.
Products & Services

• Personal Banking
• NRI Services
• Agriculture
• International
• Corporate
• SME
• Domestic Treasury
SBI Retail Banking

The following services are provided under Retail Banking:-
• Term Deposits
• Recurring Deposits
• Housing Loan
• Educational Loan
• Personal Loan
• For Pensioners
• Against Mortgage of Property
• Against Shares & Debentures
• Plus Scheme
• Medi-Plus Scheme
• Rates of Interest
Apart from these, SBI also provides several other NRI services. The State Bank of India has its presence all over India with 16,000
branches. Not only this, the bank has made its roots secured internationally as well. At present, SBI has 131 branches in 32
countries all over the world.
The subsidiary banks of the SBI include;

• State Bank of Indore
• State Bank of Bikaner & Jaipur
• State Bank of Hyderabad
• State Bank of Mysore
• State Bank of Patiala
• State Bank of Travancore
SBI created a unique method of serving its customers even on a holiday. One can find a floating SBI ATM on a boat in the
backwaters of Kerala. This caters to the needs of the customers by providing service round the clock. Besides, the customers can
also avail the facilities of online banking and transactions./
Contact Details:
Corporate Centre,
Madam Cama Road,
Mumbai- 400 021 India.
Balance Sheet of State Bank of India ------------------- in Rs. Cr. -------------------

Reserves 27,117.79 30,772.26 48,401.19 57,312.82 65,314.32
Net Worth 27,644.09 31,298.56 49,032.66 57,947.70 65,949.20
Deposits 380,046.06 435,521.09 537,403.94 742,073.13 804,116.23
Borrowings 30,641.24 39,703.34 51,727.41 53,713.68 103,011.60
Total Debt 410,687.30 475,224.43 589,131.35 795,786.81 907,127.83
Total Liabilities 493,869.56 566,565.25 721,526.31 964,432.08 1,053,413.73
Assets
Advances 261,641.53 337,336.49 416,768.20 542,503.20 631,914.15
Investments 162,534.24 149,148.88 189,501.27 275,953.96 285,790.07
Gross Block 7,424.84 8,061.92 8,988.35 10,403.06 11,831.63
Accumulated Depreciation 4,751.73 5,385.01 5,849.13 6,828.65 7,713.90
Net Block 2,673.11 2,676.91 3,139.22 3,574.41 4,117.73
Other Assets 22,380.84 25,292.31 44,417.03 37,733.27 35,112.76
Total Assets 493,869.54 566,565.24 721,526.32 964,432.08 1,053,413.74

Book Value (Rs) 525.25 594.69 776.48 912.73 1,038.76
Explore SBI connections
Profit & Loss account of State Bank of

------------------- in Rs. Cr. -------------------
India
Income
Interest Earned 35,794.93 39,491.03 48,950.31 63,788.43 70,993.92
Other Income 7,388.69 7,446.76 9,398.43 12,691.35 14,968.15
Total Income 43,183.62 46,937.79 58,348.74 76,479.78 85,962.07
Expenditure
Employee Cost 8,123.04 7,932.58 7,785.87 9,747.31 12,754.65
Selling and Admin Expenses 1,853.32 3,251.14 4,165.94 5,122.06 7,898.23
Depreciation 729.13 602.39 679.98 763.14 932.66
Miscellaneous Expenses 7,912.15 7,173.55 7,058.75 8,810.75 7,888.00
Operating Expenses 11,872.89 13,251.78 14,609.55 18,123.66 24,941.01
Provisions & Contingencies 6,744.75 5,707.88 5,080.99 6,319.60 4,532.53
Total Expenses 38,776.93 42,396.48 51,619.62 67,358.55 76,796.02
Net Profit for the Year 4,406.67 4,541.31 6,729.12 9,121.23 9,166.05
Total 4,407.01 4,541.65 6,729.46 9,121.57 9,166.39
Equity Dividend 736.82 736.82 1,357.66 1,841.15 1,904.65
Equity Dividend (%) 140.00 140.00 215.00 290.00 300.00
Book Value (Rs) 525.25 594.69 776.48 912.73 1,038.76
Appropriations
Transfer to Statutory Reserves 3,566.51 3,682.15 5,205.69 6,725.15 6,495.14
Transfer to Other Reserves 0.00 -2.88 -0.10 306.90 529.50
Proposed Dividend/Transfer to Govt 840.16 862.04 1,523.53 2,089.18 2,141.41
Total 4,407.01 4,541.65 6,729.46 9,121.57 9,166.39
Explore SBI connections
Interest Spread 4.31 4.20 4.32 4.34 3.82

525.2
Return on Assets Excluding Revaluations 594.69 0.93 912.73 1,038.76
5
525.2
Return on Assets Including Revaluations 594.69 0.93 912.73 1,038.76
5
Loans Turnover 0.16 0.15 0.15 0.16 0.15

Leverage Ratios
Current Ratio 0.05 0.05 0.07 0.04 0.04
Quick Ratio 5.50 6.52 6.15 5.74 9.07
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

525.2
Book Value 594.69 776.48 912.73 1,038.76
5
Kotak Mahindra Bank

Kotak Mahindra is among the leading financial organization of India, with a range of financial services that caters to all customers'
day to day requirements. Their products spans from commercial banking, to stock broking, to mutual funds, to life insurance, to
investment banking – diverse needs of individuals and corporates are catered to.
The Kotak group has a net worth of more than Rs. 6,799 crore with the branches, franchisees, representative offices and
satellite offices spread across cities and towns in India. They also have global offices in New York, London, San Francisco,
Dubai, Mauritius and Singapore. The Kotak Group offers their services to approximately 6.4 million customers.
The Kotak Mahindra Group got incepted in 1985 in the form of Kotak Capital Management Finance Limited, being promoted by
Uday Kotak, Sidney A. A. Pinto and Kotak & Company. A stake in the group was taken in by industrialists Harish Mahindra and
Anand Mahindra and this is the time when the company changed its name to Kotak Mahindra Finance Limited.
Highlights of the Kotak Mahindra group since inception

Market share of key players in the Indian aviation sector
1986 Kotak Mahindra Finance Limited started off with Bill Discounting
1987 Kotak Mahindra Finance Limited makes its foray into the Lease and Hire Purchase market
1990 The Auto Finance division starts
The Investment Banking Division starts off. They take over FICOM, one of India's largest financial retail
1991
marketing networks
1992 Penetrates into the Funds Syndication sector
The brokerage and distribution businesses of the Group gets incorporated into a separate company - Kotak
1995 Securities, whereas the investment banking arm is incorporated into a separate company - Kotak Mahindra
Capital Company
The Auto Finance Business of the Group is hived off into a separate company - Kotak Mahindra Prime
Limited. Kotak Mahindra takes up a major stake in Ford Credit Kotak Mahindra Limited to finance Ford
1996
vehicles. They launch Matrix Information Services Limited, marking the group's entry in information
distribution.
1998 Kotak Mahindra Asset Management Company is incepted and they enter into the mutual fund market.
Kotak Mahindra makes a tie with Old Mutual plc. For their Life Insurance business. Kotak Securities launches
2000 the site (now www.kotaksecurities.com). Kotak Mahindra Venture Capital Fund is formed and the private
equity business of the group commences.
2001 Matrix is sold to Friday Corporation and the Insurance Services is launched.
2003 Kotak Mahindra Finance Ltd. gets converted into a commercial bank.
2004 A private equity fund (India Growth Fund) is launched.
2005 Kotak Group launches a real estate fund
2006 The Group buys 25% stake held by Goldman Sachs in Kotak Mahindra Capital Company and Kotak Securities
Kotak Group Products & Services
1. Bank
2. Credit Cards
3. Life Insurance
4. Mutual Funds
5. Car Finance
6. Securities
7. Institutional Equities
8. Investment Banking
9. International Business
10. Kotak Private Equity
11. Kotak Realty Fund
12. Wealth Management
About Kotak Mahindra Bank

The flagship company of Kotak Mahindra Group, Kotak Mahindra Finance Ltd was established in 1985. The same got converted into
a bank - Kotak Mahindra Bank Ltd in March 2003. Kotak Mahindra bank has presence in commercial vehicles, retail finance,
corporate banking, treasury and housing finance.
Services of Kotak Mahindra Bank

Deposit Accounts
• Savings account
• Current Account
• Term Deposits
Loans
• Personal Loans
• Home Loans
• Loan Against Property
Investment Services
• Demat
• Mutual Fund
• Insurance
• Gold
Convenience Banking
• Net Banking
• Mobile Banking
• Phone Banking
• ATM Network
Contact details of Kotak Mahindra Bank
Registered Office
Kotak Mahindra Bank Limited
36-38A, Nariman Bhavan
227 Nariman Point
Mumbai - 400 021
Balance Sheet of Kotak Mahindra Bank ------------------- in Rs. Cr. -------------------

Reserves 555.30 1,335.77 3,249.04 3,559.86 4,191.78
Net Worth 864.59 1,661.93 3,593.71 3,905.53 4,539.92
Deposits 6,565.92 11,000.09 16,423.65 15,644.93 23,886.47
Borrowings 1,609.23 5,099.75 5,119.25 5,904.07 6,140.51
Total Debt 8,175.15 16,099.84 21,542.90 21,549.00 30,026.98
Assets
Cash & Balances with RBI 418.80 751.22 1,710.29 995.35 2,085.67
Balance with Banks, Money at Call 173.71 544.75 439.18 145.32 214.59
Advances 6,348.54 10,924.07 15,552.22 16,625.34 20,775.05
Investments 2,855.53 6,861.96 9,141.99 9,110.18 12,512.66
Gross Block 205.28 273.57 391.42 460.61 745.34
Net Block 105.23 141.09 210.25 213.36 427.65
Other Assets 273.31 692.33 1,258.43 1,622.33 1,420.69
Total Assets 10,175.12 19,915.42 28,312.36 28,711.88 37,436.31

Bills for collection 298.97 502.31 826.55 1,188.17 3,063.64
Book Value (Rs) 27.95 50.95 104.26 112.98 130.40
Explore Kotak Mahindra connections
k ------------------- in Rs. Cr. -------------------
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06
12 12 mths 12 mths 12 mths 12 mths

mths
Income
Interest Earned 694.02 1,354.10 2,535.36 3,065.14 3,255.62
Other Income 237.33 287.83 310.48 157.56 420.97
Total Income 931.35 1,641.93 2,845.84 3,222.70 3,676.59
Expenditure
Interest expended 339.09 699.24 1,309.56 1,546.60 1,397.48
Employee Cost 171.39 292.98 519.23 583.63 583.48
Selling and Admin Expenses 142.87 286.82 326.66 552.91 648.07
Depreciation 29.60 34.74 50.86 69.56 90.00
Miscellaneous Expenses 130.17 186.79 345.60 193.91 396.47
Operating Expenses 399.02 696.06 999.25 1,333.60 1,447.42
Provisions & Contingencies 75.01 105.27 243.10 66.41 270.60
Total Expenses 813.12 1,500.57 2,551.91 2,946.61 3,115.50
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06
12
12 mths 12 mths 12 mths 12 mths
mths
Net Profit for the Year 118.23 141.37 293.93 276.10 561.11
Total 312.65 644.49 648.11 804.27 1,212.06
Equity Dividend 19.46 22.86 25.87 25.96 29.66
Equity Dividend (%) 6.00 7.00 7.50 7.50 8.50
Book Value (Rs) 27.95 50.95 104.26 112.98 130.40
Appropriations
Transfer to Statutory Reserves 1.10 39.55 74.98 113.70 188.43
Transfer to Other Reserves 3.00 224.02 14.70 13.80 28.06
Total 312.65 644.49 648.12 804.26 1,212.06

Key Financial Ratios of Kotak Mahindra
------------------- in Rs. Cr. -------------------
Bank
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Face Value 10.00 10.00 10.00 10.00 10.00
Bonus in Equity Capital 59.80 56.71 53.66 53.51 53.13
Interest Spread 4.66 5.38 6.01 8.31 8.11
Loans Turnover 0.18 0.18 0.21 0.20 0.20
Leverage Ratios
Current Ratio 0.04 0.05 0.06 0.09 0.05
Quick Ratio 6.20 5.74 5.83 5.91 8.46
Mar
Mar '07 Mar '08 Mar '09 Mar '10
'06

Book Value 27.95 50.95 104.26 112.98 130.40
Competition
(Rs. cr.) Income
ICICI Bank 949.80 105,946.27 25,706.93 4,024.98 363,399.71
HDFC Bank 2,090.70 96,107.54 16,172.91 2,948.69 183,270.78
Axis Bank 1,314.30 53,617.38 11,638.02 2,514.53 180,647.87
Kotak Mahindra 811.55 28,290.18 3,255.62 561.11 37,436.31
YES BANK 296.30 10,104.43 2,369.71 477.74 36,382.50
IndusInd Bank 206.10 8,471.95 2,706.99 350.31 35,369.52
Federal Bank 328.55 5,616.38 3,673.23 464.55 38,850.88
ING Vysya Bank 341.00 4,093.60 2,232.90 242.22 33,880.24
JK Bank 801.50 3,885.50 3,056.88 512.38 37,693.26
Karur Vysya 609.45 3,317.58 1,757.94 336.03 21,993.49

Banks in India

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Banks in India

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Banks In India

Vision of Banks in India

Focus of banks in India

Consolidation of Banks in India

Future challenges of Banks in India

• Axis Bank branches

Balance Sheet of Axis Bank ------------------- in Rs. Cr. -------------------

12 mths 12 mths 12 mths 12 mths 12 mths

Capital and Liabilities:

Contingent Liabilities 36,524.72 55,993.04 78,028.44 104,428.39 296,125.58

Source : Religare Technova

Explore Axis Bank connections

12 mths 12 mths 12 mths 12 mths 12 mths

12 mths 12 mths 12 mths 12 mths 12 mths

Source : Religare Technova

Explore Axis Bank connections

Key Financial Ratios of Axis Bank ------------------- in Rs. Cr. -------------------

Investment Valuation Ratios

Earnings Per Share 17.41 23.40 29.94 50.57 62.06

Source : Religare Technova

Explore Axis Bank connections

Bank of India Products and Services

Bank of India Loans

Bank of India International Branches

ith RBI 5,588.42 7,196.89 11,741.85 8,915.28 15,602.62

Advances 65,173.74 84,935.89 113,476.33 142,909.37 168,490.71

Investments 31,781.75 35,492.76 41,802.88 52,607.18 67,080.18

Gross Block 1,674.00 1,733.50 3,448.44 3,578.23 3,790.81

Accumulated Depreciation 874.71 955.61 1,049.28 1,156.75 1,504.07

Net Block 799.29 777.89 2,399.16 2,421.48 2,286.74

Capital Work In Progress 10.68 11.41 26.92 110.45 65.07

Other Assets 3,062.83 3,013.50 3,407.32 5,692.02 5,813.63

Total Assets 112,274.28 141,636.99 178,830.00 225,501.75 274,966.46

Contingent Liabilities 57,844.12 54,811.58 100,486.14 107,155.08 118,535.87

Explore Bank of India connections

12 mths 12 mths 12 mths 12 mths 12 mths

12 mths 12 mths 12 mths 12 mths 12 mths

Source : Religare Technova

Explore Bank of India connections

Key Financial Ratios of Bank Of India ------------------- in Rs. Cr. -------------------

Investment Valuation Ratios

Earnings Per Share 14.39 23.04 38.26 57.26 33.15

Source : Religare Technova

Explore Bank of India connections

Balance Sheet of Dena Bank ------------------- in Rs. Cr. -------------------

12 mths 12 mths 12 mths 12 mths 12 mths

Capital and Liabilities:

12 mths 12 mths 12 mths 12 mths 12 mths

Contingent Liabilities 6,107.53 12,366.68 13,372.10 10,019.53 11,330.45

Source : Religare Technova

Explore Dena Bank connections

12 mths 12 mths 12 mths 12 mths 12 mths

12 mths 12 mths 12 mths 12 mths 12 mths

Source : Religare Technova

Explore Dena Bank connections

Key Financial Ratios of Dena Bank ------------------- in Rs. Cr. -------------------

Investment Valuation Ratios

Source : Religare Technova

Explore Dena Bank connections

Products & Services

SBI Retail Banking

The subsidiary banks of the SBI include;

Balance Sheet of State Bank of India ------------------- in Rs. Cr. -------------------