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HENRY MANIKAM 1022027 SWATI SHETTY 1022043 NEHA PRABHU 1022035 : : : SUPRIYA MAHAGAVKAR : 1022026 SHRUTI DALVI 1022007 : .
Axis Bank and HDFC Bank — its main competitors. along with State Bank of India.31 crore in Q2 September 2008 over Q2 September 2007. . its ADRs trade on the New York Stock Exchange (NYSE).016 branches (as on 31 March 2010) and about 5.712. The bank also has a network of 2. Thailand. the Bank is targeting the NRI (Non-Resident Indian) population in particular. 1.INTRODUCTION OF ICICI BANK ICICI Bank (formerly Industrial Credit and Investment Corporation of India) is a major banking and financial services organization in India. Hong Kong and Sri Lanka. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and specialization subsidiaries and affiliates in the areas of investment banking. the United Arab Emirates and USA.) ICICI Bank is also the largest issuer of credit cards in India. ICICI Bank's shares are listed on the stock exchanges at Kolkata and Vadodara. Overseas. as well as some 24 million customers (at the end of July 2007). Indonesia. life and non-life insurance. Russia and the UK (the subsidiary through which the HiSAVE savings brand is operated). (These data are dynamic. It is the 2nd largest bank in India and the largest private sector bank in India by market capitalization.15% rise in net profit to Rs. This includes wholly owned subsidiaries in Canada. branches in Belgium. South Africa. offshore banking units in Bahrain and Singapore. branches and representatives offices in 19 countries.219 ATMs in India and presence in 18 countries. venture capital and asset management. The Bank is expanding in overseas markets and has the largest international balance sheet among Indian banks. 9. Malaysia.29% increase in total income to Rs. ICICI Bank is one of the Big Four Banks of India.014. including an offshore unit in Mumbai. and representative offices in Bangladesh. an advisory branch in Dubai. China.21 crore on a 1. Mumbai and the National Stock Exchange of India Limited. ICICI Bank now has wholly-owned subsidiaries. The bank's CASA ratio increased to 30% in 2008 from 25% in 2007. ICICI reported a 1.
Jakarta.taking deposits. ICICI established Banking Corporation as a banking subsidiary. ICICI acquired Bank of Madura (est. both wholesale and retail. In 2002. into ICICI Bank. In 2003. ICICI acquired Investitsionno-Kreditny Bank (IKB). 1933) and Illanji Bank (established 1904) in the 1960s. It also opened an Offshore Banking Unit (OBU) in Singapore and representative offices in Dubai and Shanghai.HISTORY OF ICICI BANK In 1955. ICICI Bank bought the Shimla and Darjeeling branches that Standard Chartered Bankhad inherited when it acquired Grindlays Bank. into a single entity. In 2006. a Russia bank with about US$4mn in assets. Formerly known as Industrial Credit and Investment Corporation of India. the Government of India and representatives of Indian industry. and with a branch in Moscow. and in the UK it established an alliance with Lloyds TSB. The Boards of Directors of ICICI and ICICI Bank approved the reverse merger of ICICI. Also. ICICI Banking Corporation was later renamed as 'ICICI Bank Limited'. in Belgium. car loans etc. After receiving all necessary regulatory approvals. ICICI renamed the bank ICICI Bank Eurasia. Bank of Madura was a Chettiar bank. In 2001. to undertake normal banking operations . In 2004. ICICI Personal Financial Services Limited and ICICI Capital Services Limited. In 1994. ICICI Bank UK opened a branch in Antwerp. India and South Africa. head office in Balabanovo in the Kaluga region. ICICI established a branch in Dubai International Financial Centre and in Hong Kong. In India. 1943). ICICI opened representative offices in Bangkok. In 2005. The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated at the initiative of World Bank. ICICI started its international expansion by opening representative offices in New York and London. credit cards. ICICI Bank. and . ICICI integrated the group's financing and banking operations. ICICI founded a separate legal entity. and had acquired Chettinad Mercantile Bank (est. with the objective of creating a development financial institution for providing medium-term and long-term project financing to Indian businesses. ICICI opened subsidiaries in Canada and the United Kingdom (UK). At the same time. ICICI opened a representative office in Bangladesh to tap the extensive trade between that country.
in Maharashtra State. ICICI also received permission from the government of Qatar to open a branch in Doha. In 2009. compesation to staff was not increased and no bonus declared for 2008-09. and which had 158 branches in Maharashtra and another 31 in Karnataka State. . The US Federal Reserve permitted ICICI to convert its representative office in New York into a branch. In 2008.Kuala Lumpur. Each 118 shares of Bank of Rajasthan will be converted into 25 shares of ICICI. It is said that this merger will also expand ICICI Bank's branch network by 25%. this time in St. Also.000 crore. ICICI amalgamated Sangli Bank. In addition to this. ICICI also established a branch in Frankfurt. With respect to the international sphere. Petersburg. In 2007. ICICI made huge changes in its organisation like elimination of loss making department and restreching outsourced staff or renegotiate their charges in consequent to the recession. On 23 May ICICI Bank announced merger with Bank of Rajasthan with it through share-swap in a non-cash deal that values the Bank of Rajasthan at about Rs 3. Sangli Bank had been founded in 1916 and was particularly strong in rural areas. which was headquartered in Sangli. ICICI Bank Eurasia opened a second branch. ICICI adopted a massive approach aims for cost control and cost cutting. In consequent of it.
TURNOVER OF ICICI BANK Over the past few years. pay less a good credit history is actually good economics. Category : Business | City : Mumbai Pay on time. Category : Business ICICI to raise up to $700 mn in international market ..... HDFC Bank. ICICI Bank and Axis Bank have been at the top of the pecking order. Healthy loan book beralds better day Category : Health ICICI Bank raises $ 500 mn via bonds issue The country's largest privatesector lender ICICI Bank said it has raised $ 500 mn through an issue of... Category : Business One for the investors Reserve Bank of India (RBI) has expressed serious concerns over the holding company structure proposed. . ICICI Bank. the country’s leading private sector bank. Category : Business Business Briefs ICICI Bank has raised $500 million through an issue of bonds in the international market..... The bank has.
... expects 20 percent credit growth in this fiscal year to March 2011.largest lender... its chief. Bank of Rajasthan. ICICI Bank and others.ICICI Bank is planning to rise between $500 million and $700 million in the international market through a. Category : Business | City : National ICICI Bank CEO sees 20 pct credit growth in FY11 Second.5 per cent Country's largest private sector lender ICICI Bank on Wednesday pegged its minimum lending rate at 7. ICICI Bank’s low-cost deposits rose 40 per cent as against the State Bank. Category : Business | City : Mumbai Can SBI stay no.. 1? 12 months to September 30... Category : Others Rajasthan HC notice to govt.. Category : Business SERVICES PROVIDED BY ICICI BANK .. Category : Business ICICI Bank fixes base rate at 7. RBI.5. Sebi etc on BoR merger Rajasthan High Court today issued notices to the Reserve Bank.
Accounts & Deposits | Loans | Cards | Investments | Insurance | Wealth Management | Mobile Banking | Internet Banking Money transfer | bank account | investment | home loans | loans again fd Global market | commercial banking | investment banking | FI. capital market & custodian services | structural finance | international banking Transaction banking and CMS | business loan | trade services | advisory services Agri-corporates | agri traders and processor | micro banking………… ICICI bank account: .
nomination for the user. 500 per month. additional benefits for remittances which comes at the account. fund transfer facility. auto renewal possible. • Submit his/her personal details like photocopies of passport or pan card or voter ID card.• Savings account – ATM cum debit card. cheque book and pass book. collect the ATM cards. money multiplier facility. • Fixed deposit account – Wide tenure ranges. initial deposit required Rs 2. • Easy receive account – Usable for domestic banking needs. • Details of existing bank account if any. debit card on request. • Choose the type of account he/she wants. nomination facility available. • Submit his/her residence proof like telephone bill. usage of outstation cheques. special debit card and many more. availability of loan against deposit. withdrawal up to Rs 2. etc. partial withdrawn of money allowed. tenure period 6 months maximum and recurring deposit 3 months after. loan available. NOTICE For opening an ICICI bank account the customer will have to: • Fill an application form. DIFFERENT BRANCHES IN INDIA . • Senior citizens account – Special care taken of those above 60 years. nomination facility. • Recurring deposit account – Minimum deposit of Rs.500 per day. • Deposit the initial amount. mobile. cash deposits and withdrawal from home. • Kid’s account – For age group 1-18 years.500. or any of the above mentioned documents. internet banking. facility.
• • • • • • • • • • • • • • • • • • • • • • • • • • ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI ICICI Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Bank Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches Branches in in in in in in in in in in in in in in in in in in in in in in in in in in Assam Andhra Pradesh Bihar Chandigarh Chhattisgarh Delhi Goa Gujarat Haryana Himachal Pradesh Jammu Kashmir Jharkhand Karnataka Kerala Madhya Pradesh Maharashtra Manipur Meghalaya Orissa Pondicherry Punjab Rajasthan Tamilnadu Uttar Pradesh Uttaranchal West Bengal .
The fund is a tax proficient way to accrue debt returns. ICICI Prudential Gilt Fund the most sought after investment plan by individuals in greater tax brackets.000 o An advantage to include two Riders namely: Total and Permanent Disablement Rider and Critical Illness Rider & Accidental Death Benefit. half yearly. HDFC Children's Gift Fund Investment Plan The investment plan produces long term savings expansion through endowments chiefly done in equity and equity linked tools. 1% of exit load if units are o transferred between 2nd and 3rd year and no exit loads if units are transferred after 3rd year. Other details of the policy are mentioned as under: o Minimum and maximum tenure of the policy is 7 years and 34 years exclusively. 3. 2. ICICI Bank Fixed Deposit scheme This investment plans come with an extensive range of term periods. Reliance Cash Flow Plan: This investment plan provides double advantage of simple liquidity through down payment of cash besides life assurance. provision of partial extraction and an assortment of fixed deposit investment plans.000 o Premium Payment mode: yearly.INVESTMENT MADE BY ICICI BANK Some of the most popular investment plans in India are listed below: 1. o Minimum sum assured . ICICI Prudential Gilt Fund The excellent performance of the fund makes. quarterly o Tax Benefit: Maturity and death benefits are not valid under IT sec 10(10D) and tax deduction on premium income of upto Rs 1. 10 Rs/Unit o Minimum Investment: Rs.00. The basic benefit of this policy is the cash flow that it provides during the tenure of the policy. 4. Other details of the policy are mentioned as under: o Maximum and Minimum Investment limit: NIL o Fixed loans through Fixed Rate Deposit accounts o E-banking for Fixed Deposits accounts o Fixed term deposits offer tax haven and protect investor from features influencing fixed deposits for a longer tenure of calculated tenure. Other details of the policy are mentioned as under: .Rs 25. monthly. 1000 for (current investors) o Units valid under lock in period: 3% of exit load if the Units are transferred between 1st and 2nd year. 5000 (for new investors) and Rs. Other details of the policy are mentioned as under: o Face Value: Rs.
HSBC-Link India Equity Fund The investment fund yields long term market growth through a varied range of equity investments of firms listed under stock exchange of India. It provides highest liquidity exposure to administrative securities which are protected and present greater liquidity. Mirae Asset Gilt Fund is chiefly invests in public owned securities with flexible maturity dates that are subjected by national and state level administration. 0. Mirae Asset GILT Fund A Gilt scheme.15% on Institutional Plan if transferred within 15 days. 10.35% o Existing Expense Ratio: 2.25% o Regular Plan Investment: Rs. HDFC Savings Assurance Plan A "with income" investment plan.o Greater yields compared to pure fixed deposits.000/o Exit Load on Regular Plan is 0. HDFC Savings Assurance Plan helps the investor to expediently strengthen his long term endowments and guarantee that his family is secured even after his demise. o Exit load of 1% on the endowments if the amount less than rs 1 crore is transferred with 1 year of the date of commencement of the plan 5.000/o Provident Fund Investment: Rs.00.15% if transferred within 15 days. Other details of the policy are mentioned as under: o Capital Market Instruments: 0 . 6. 0.15% on PF if transferred within 15 days.15% on Bonus if transferred within15 days and 0. Other details of the policy are mentioned as under: o o o o o The invested amount is not fixed under any tenure Investment will be done through bank's investment-linked scheme. 5000/o Institutional Plan Investment: Rs. o Tax benefit under IT Act Section 80C and 10(10D) o An amount equivalent to 80% of the premium income obtained is forfeited . Other details of the policy are mentioned as under: o The selected insurance amount will be invested straight into the plan from the investor's bank account o Bonus added into the investment every year o On the date of maturity the policy forfeits the principal amount insured including the Reversionary Bonuses allocated to the investor. Provision of withdrawing investment at any time Tax free returns Unrestricted transfers between funds 7. 10.
25000 o Exit Load of 1% if the amount is redeemed within 6 months and 0. o Face Value: Rs. 10 Rs/Unit Minimum Investment: Rs. Nil. 500 o No exit load on Regular Plans.25% for amount < 5 crores. for amount > 5 crore. receipt of surplus amount or trading of securities 9. Other details of the policy are mentioned as under: o Minimum Investment: Rs.5% of exit load if the amount is redeemed within 1 year. 10. paying back of the concession on the debt tools. 0. 10. Other details of the policy are mentioned as under: o o o Face Value: Rs.8. interim bonds and capital market plans. 10 Rs/Unit o Earnings are generated via voucher imbursements. Sundaram BNP Paribas Floating Rate Fund The investment plan yields reasonable income by designing a portfolio entailing floating rate debt and fixed rate plans. 000 Entry Load: 2. o Face Value: Rs. equity and capital market portfolio. 10 Rs/Unit o Minimum Investment: Rs.50% exit load on Long Term Regular Plans if the amount less than Rs 10 lakhs is redeemed within 180 days of the commencement of the plan. SBI Magnum Income plus Fund Investment Plan The investment plan offers impressive returns through intermittent dividends or through fund growth by administering the debt. . Birla Floating Rate Fund The investment plan is beneficial in generating uninterrupted income via endowments in portfolio entailing significantly of floating rate debt/capital market plans.
Contacts of people working in icici bank 1. I deals with the cheaque of inward and outward posting in computer. clearing zone. RAJASHREE PAI 9594222987 I am working in inward returns department in icici bank.e. 2. I scrutiny and verify the cheques for the payment of the customer. SHRUTI PRABHU 9967913446 I am working as a special assistant in icici bank.e. My department is attach to service branch i. I attend all other rutine duty of the branch. SHRIKANT PRABHU 9869342759 I am working as a computer operater in icici bank. My department is attach to service branch i. I attend the customer at counter. clearing zone. . I deals with the cheaque of inward and outword posting in computer. 3.
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