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PROJECT REPORT ON “FINANCIAL ANALYSIS” OF ICICI Bank Submitted to GULBARGA UNIVERSITY, GULBARGA In the partial fulfillment of Award of the degree of Bachelor of business management Submitted by: Under the Guidance of: MD.MUSOVER PATEL Mrs.KALPANA.K Lecturer, B.B.M, University Roll no.1029011 GURU NANAK FIRST GRADE COLLEGE,BIDAR GURU NANAK FIRST GRADE COLLEGE,BIDAR (2010-11) 1 CERTIFICATION LETTER GURU NANAK FIRST GRADE COLLEGE, BIDAR TO WHOM IT MAY CONCERN This is to certify that the Project Report entitled “FINANCIAL ANALYSIS OF ICICI Bank” has been completed by: “MD.MUSOVER.PATEL” under my supervision. To the best of my knowledge, this is his own work and he has not submitted the same elsewhere for the award of any other degree or diploma. I approve it for submission in the partial fulfillment of the requirement for the degree of Bachelor of Business management. HOD PRINCIPAL Miss.KALPANA.K(MBA) Mrs.SHAYAMALA.V.DATTA EXTERNAL EXAMINE Miss.KALPANA.K INTERNAL GUIDE ACKNOWLEDGEMENT No task is single man’s effort .Any job in this world however trivial or tough cannot be accomplished without the assistance of others. An assignment puts the knowledge and experience of an individual to litmus test. There is always a sense of gratitude that 2 GURU NANAK FIRST GRADE COLLEGE, BIDAR one likes to express towards the persons who helped to change an effort in a success. The opportunity to express my indebtness to people who have helped me to accomplish this task. I deem it a proud privilege to extend my greatest sense of gratitude to my Project Guide Miss.KALPANA.K (lecturer B.B.M) for the keen interest, inspiring guidance, continuous encouragement, valuable suggestions and constructive criticism throughout the pursuance of this report. I am thankful to Coordinator sir DR. UTTAM CHAND for giving me the opportunity to undertake the study. I am highly indebted to MR. DINESH JAMWAL (PROF. REGIONAL CENTRE, BIDAR) for sparing time from their busy schedule for providing me with their able guidance at the time of need and helping me to achieve the ultimate goal of the study. I would also like to thank MR. RAJ (Branch Manager, ICICI Bank, BIDAR) for their valuable support in helping me to gain this opportunity of being associated with an organization of such esteem. Last but not the least, it would be unfair if I don’t express my indebtness to my parents and all my friends for their active cooperation which was of great help during the course of my training project. Table of content Sl.no PARTICULARS Page no. Acknowledgement 3 1. Introduction Of Banking 6-15 a. Introduction of banking…………………. 7 b. History of banking in India……………… 8 c. Banks in India…………………………… d.Indian banking industry…………………. 15 3 GURU NANAK FIRST GRADE COLLEGE, BIDAR 2. Company’s Profile 16-45 a. Introduction to ICICI Bank………… 21 b. ICICI Bank today…………………… 22 c. Business profile……………………... d. Board of directors…………………… 24 e. Board committee……………………. 25 f. Business objective…………………… 26 g. Technology used in ICICI Bank…….. 28 h. Products and services………………... 43 i. Awards ……………………………… 45 3. Research Methodology 46-50 a. Objective of study…………………… 47 b. Importance of study…………………. 47 c. Meaning of research………………… d. Research problem…………………… 47 e. Research design……………………... 49 f. Data collection method……………… 50 4. Financial Analysis 51-92 a. Introduction of the topic… ………. 54 b. Method/Tools of financial 58 analysis……………………………… c. Balance sheet of ICICI Bank………... 59 d. Profit and Loss Account of ICICI Bank…………………………….. 60 e. Financial statement analysis…………… 73 5. Findings ,Suggestions And Conclusion………………………. 74-77 6. Bibliography………………………………………… 79 4 GURU NANAK FIRST GRADE COLLEGE, BIDAR Chapter 1 INTRODUCTION OF BANKING Definition Of Bank: Banking Means "Accepting Deposits for the purpose of lending or Investment of deposits of money from the public, repayable on demand or otherwise and withdraw by cheque, draft or otherwise." -Banking Companies (Regulation) Act,1949 5 GURU NANAK FIRST GRADE COLLEGE, BIDAR ORIGIN OF THE WORD “ BANK” :- The origin of the word bank is shrouded in mystery. According to one view point the Italian business house carrying on crude from of banking were called banchi bancheri" According to another viewpoint banking is derived from German word "Branck" which mean heap or mound. In England, the issue of paper money by the government was referred to as a raising a bank. Banking system in India Without a sound and effective banking system in India it cannot have a healthy economy.The banking system of India should not only be hassle free but it should be able to meet new challenges posed by the technology and any other external and internal factors. For the past three decades India's banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans or cosmopolitans in India. In fact, Indian banking system has reached even to the remote corners of the country. This is one of the main reasons of India's growth process. HISTORY OF BANKING IN INDIA Banking in India has its origin as early or Vedic period. It is believed that the transitions from many lending to banking must have occurred even before Manu, the great Hindu furriest, who has devoted a section of his work to deposit and advances and laid down rules relating to the rate of interest. During the mogul period, the indigenous banker played a very important role in lending money and financing foreign trade and commerce. During the days of the East India Company it was the turn of agency house to carry on the banking business. The General Bank of India was the first joint stock bank to be established in the year 1786. The other which followed was the Bank of Hindustan and Bengal Bank. The Bank of Hindustan is reported to have continued till 1906. While other two failed in the meantime. In the first half of the 19th century the East India Company established there banks, The bank of Bengal in 1809, the Bank of 6 GURU NANAK FIRST GRADE COLLEGE, BIDAR Bombay in 1840 and the Bank of Bombay in1843. These three banks also known as the Presidency banks were the independent units and functioned well. These three banks were amalgamated in 1920 and new bank, the Imperial Bank of India was established on 27th January, 1921. With the passing of the State Bank of India Act in 1955 the undertaking of the Imperial Bank of India was taken over by the newly constituted SBI. The Reserve Bank of India (RBI) which is the Central bank was established in April, 1935 by passing Reserve bank of India act 1935. The Central office of RBI is in Mumbai and it controls all the other banks in the country. The first bank in India, though conservative, was established in 1786. From 1786 till today,the journey of Indian Banking System can be segregated into three distinct phases. They areas mentioned below: Early phase from 1786 to 1969 of Indian Banks Nationalization of Indian Banks and up to 1991 prior to Indian banking sector Reforms. New phase of Indian Banking System with the advent of Indian Financial & Banking Sector Reforms after 1991. Government took major steps in this Indian Banking Sector Reform after independence. In1955, it nationalized Imperial Bank of India with extensive banking facilities on a large scale especially in rural and semi-urban areas. It formed State Bank of India to act as the principal agent of RBI and to handle banking transactions of the Union and State Governments all over the country. Second phase of nationalization Indian Banking Sector Reform was carried out in 1980 with seven more banks. This step brought 80% of the banking segment in India under Government ownership. The country is flooded with foreign banks and their ATM stations. Efforts are being put to give a satisfactory service to customers. BANKING STRUCTURE IN INDIA SCHEDULED BANKS IN INDIA 7 GURU NANAK FIRST GRADE COLLEGE, BIDAR (1) Scheduled Commercial Banks Public Sector Private Sector Foreign Banks In Regional Rural Banks Banks India Banks (26) (25) (29) (95) Nationalized Old Private Bank Banks Other Public New Private Sector Banks Banks (IDBI) SBI And Its Associates (2) Scheduled Cooperative Banks Scheduled Urban Cooperative Scheduled State Cooperative Banks Banks Public Sector Banks Public sector banks are those banks which are owned by the Government. The Govt. runs these Banks. In India 14 banks were nationalized in 1969 & in 1980 another 6 banks were also nationalized. Therefore in 1980 the number of nationalized bank 20. At present there are total 26 Public Sector Banks in India (As on 26-09-2009). Of these 19 are nationalised banks, 6(STATE BANK OF INDORE ALSO MERGED RECENTLY) belong to SBI & associates group and 1 bank (IDBI Bank) is classified as other public sector bank. Welfare is their primary objective. 8 GURU NANAK FIRST GRADE COLLEGE, BIDAR Nationalised O ther SBI & its banks Public Associates Sector • Allahabad Bank Banks • State Bank of India • Andhra Bank • Bank Of Baroda • State Bank of Hyderabad • Bank Of India IDBI • Bank Of Maharastra (Industrial • State Bank of Mysore • Canara Bank Development • Bank Of Central Bank Of India • State Bank of Patiala • Corporation Bank India)Ltd. • Dena Bank • State Bank of Travancore • Indian Bank • Indian Overseas Bank • State Bank of Bikaner And • Oriental Bank Of Jaipur Commerce • Punjab & Sind Bank • Punjab National Bank • (State Bank of Saurastra merged with SBI in Syndicate Bank the year 2008 and State Bank of Indore In • UCO Bank 2010) • Union Bank Of India • United Bank Of India • Vijaya Bank Private Sector Banks These banks are owned and run by the private sector.

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