Icici Bank : An Indian Financial Institution Essay

The Commonwealth Bank first became a listed company in 1911. The CommBank was founded by the Australian government. The bank listed on the Australian Stock Exchange list in 1991 and the government fully privatised it in 1996.

• In 1993, the bank was together advanced by the Administrator of the Unit Trust of India (UTI), Life Insurance Corporation of India (LIC), General Insurance Corporation Limited (GIC), and its backups which are- National Insurance Company Limited, The New India Assurance Company, The Oriental Insurance Corporation and United India Insurance Company. The Bank was situated up in 1993 with a value of Rs. 115 crore, with UTI contributing Rs. 100 crore, LIC- Rs. 7.5 crore and GIC and its auxiliaries contributing Rs. 1.5 crore each.

This case is about all the banking activities carried out by SBI bank in the rural areas. Where SBI bank appoints BC's who work on behalf of them in areas where SBI can't initiate the process themselves. The case also consists personal experiences of a marketing executive who used to work for the business correspondent and consumer behaviour of rural people are included in the case study.

Bank of Baroda is one of the leading commercial and retail banks of India, which increasing presence in foreign markets too.The bank holds a strong position in the Indian banking industry and witnessed a Y-o-Y growth of ~20% in its global business. The bank has been making continuous efforts to diversify its business and focus more on the areas like retail, MSME and agriculture credit. The bank holds a strong capital base too, with current Capital Adequacy Ratio standing at 12.28% under the BASEL III norms. The bank also saw a decline in its NPAs, although it is not quite sure that whether this trend is expected to be continued in future as well or not. Moreover, the bank’s management has stated the bank is going through the last phases of its restructuring programs, indicating that the

Through the formation of its two promoter companies, Tata Sons and Tata Industries; it aimed to give back to society and make charitable contributions. (Crainer, 2010). The founder of the Tata business group had had a vision. He had a dream where a sanctuary was available for the average Indian to come and stimulate his mind through the magic of science. Jamsetji Tata wanted to create a haven of education where Indians could explore their potential. Seven years after his death, the Indian Institute for Science in Bangalore was incorporated in 1911. This would be the first amongst a faction of learning

When the East India companies were formed, they changed how business was done. These companies had stocks that would pay dividends on all of the proceeds from all of the voyages that the companies undertook, rather than going on a voyage by voyage basis. They were the first modern joint stock companies, which allowed them to demand more for their shares, and in time, build larger fleets. The size of the companies, along with their royal charters which forbid competition, meant huge profits for those that could invest.

This case study describes the IPO of Bajaj Corp Ltd., the second largest company in the Shishir Bajaj Group of companies. It also enlists the objectives and the process of the IPO, issued on 02-08-2010. It describes the merchant bankers and underwriters involved, and discuss post-issue effects on the company.

After the foundation of the Bell Telephone Company in 1875, the company diversified its business via the acquisition of Western Electric Company. With this vertical integration BTC had the opportunity to create wealth while transferring its corporate skills.

Banking in India originated in the last decades of the 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, which started in 1790; both are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the Bank of Calcutta in June 1806, which almost immediately became the Bank of Bengal. This was one of the three presidency banks, the other two being the Bank of Bombay and the Bank of Madras, all three of which were established under charters from the British East India Company. For many years the Presidency banks acted as quasi-central banks, as did their successors. The three banks merged in 1921 to form the Imperial Bank of India, which, upon India 's independence, became the State Bank of India.

In a bid to comply with RBI’s requirements for banking license, on July 9, 2015, it transferred its stake in IDFC AMC to IDFC Financial Holding Company Ltd, a Non-Operative Financial Company, which is a wholly owned subsidiary of IDFC Ltd. However, even post the transfer, IDFC retained the sponsorship of IDFC Mutual

Table 6: Profile of financial ratios of The ICICI Bank for three financial years post merger (in percentages)

VPayQwik is a unique next generation bill payment service offered by Vijaya Bank where bill payment is made by scanning the QR code on the bill generated by the merchant with no need to swipe a credit or debit card

Hdfc bank also known as the housing development and fincial corporation. HDFC was incorporated in the year 1994 with its registered office in Mumbai, India. The bank’s first fully functional corporate office and service branch was inaugurated by former union Finance Minister, Manmohan Singh at Sandoz House, Worli.

Apart from the reasons mentioned, the money market as well as capital market witnessed the presence of private moneylenders, landlords etc. They have acted as bankers for centuries and have amassed major wealth from people of India that adversely affected capital formation. The need for a better financial institution and credit infrastructure was thus felt necessary by the planning commission when the five-year plans were initiated.

The above study conducted for a period of 12 weeks has led to the following inferences: