The Institute Of Chartered Accountants of India(A statutory body established under an Act Of

Parliament)

NAME: - Rinkey N Jassuja ADDRESS: - A/5, New Manohar mahal Kopri colony,Thane(E). District- Thane-400603Contact No: - 9867411753Registration No: - WRO0358039Name of I.T.Centre & Branch: - Thane Branch of WIRCBranch Code: - WI020Batch NO.:- Thane07/10/58PROJECT NAME: - ICICI BankDATE: - 27th July 2010

ICICI Bank

Overview

History

Board Members

Awards & Recognitions

ICICI Bank

Mobile Banking

Banking Features

Phone Banking

Anywhere Banking

Smart Money Order

Bill Payment

INDEX Balance Transfers

Prepaid Mobile Recharge

iMobile

Investments

Bonds

Mutual Funds

ICICI Bank Pure Gold

Foreign Exchange Services

Senior Citizens Savings Scheme, 2004

Citizen Saving Scheme 2004

Overview

Type: PrivateBSE & NSE: ICICI NYSE: IBN Founded: 1955 Headquarters ICICI Bank Ltd., ICICI Bank Towers, Bandra Kurla, Mumbai, India

Key people K.V. Kamath, Chanda Kochhar, V Vaidyanathan, Madhabi Puri.

Industry BankingInsuranceCapital Markets and allied industries

Products Loans, Credit Cards, Savings, Investment vehicles, Insurance etc.

Revenue ▲ USD 5.79 billion

Total assets Rs. 3793.01 billion (US$ 75 billion) at March 31, 2009.

Website www.icicibank.com

•1955 The Industrial Credit and Investment Corporation of India Limited (ICICI) was incorporated at the initiative of 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.

• 1994 ICICI established Banking Corporation as a banking subsidiary.formerly Industrial Credit and Investment Corporation of India. Later, ICICI Banking Corporation was renamed as 'ICICI Bank Limited'. ICICI founded a separate legal entity, ICICI Bank, to undertake normal banking operations - taking deposits, credit cards, car loans etc.

• 2001 ICICI acquired Bank of Madura (est. 1943). Bank of Madura was a Chettiar bank, and had acquired Chettinad Mercantile Bank (est. 1933) and Illanji Bank (established 1904) in the 1960s.

• 2002 The Boards of Directors of ICICI and ICICI Bank approved the reverse merger of ICICI, ICICI Personal Financial Services Limited and ICICI Capital Services Limited, into ICICI Bank. After receiving all necessary regulatory approvals, ICICI integrated the group's financing and banking operations, both wholesale and retail, into a single entity.

Also in 2002, ICICI Bank bought the Shimla and Darjeeling branches that Standard Chartered Bank had inherited when it acquired Grindlays Bank.ICICI started its international expansion by opening representative offices in New York and London.

History

• 2003 ICICI opened subsidiaries in Canada and the United Kingdom (UK), and in the UK it established an alliance with Lloyds TSB.It also opened an Offshore Banking Unit (OBU) in Singapore and representative offices in Dubai and Shanghai.

• 2004 ICICI opens a rep office in Bangladesh to tap the extensive trade between that country, India and South Africa.

• 2005 ICICI acquired Investitsionno-Kreditny Bank (IKB), a Russia bank with about US$4mn in assets, head office in Balabanovo in the Kaluga region, and with a branch in Moscow. ICICI renamed the bank ICICI Bank Eurasia.Also, ICICI established a branch in Dubai International Financial Centre and in Hong Kong.•2006 ICICI Bank UK opened a branch in Antwerp, in Belgium. ICICI opened representative offices in Bangkok, Jakarta, and Kuala Lumpur.

• 2007 ICICI amalgamated Sangli Bank, which was headquartered in Sangli, in Maharashtra State, and which had 158 branches in Maharashtra and another 31 in Karnataka State. Sangli Bank had been founded in 1916 and was particularly strong in rural areas.ICICI also received permission from the government of Qatar to open a branch in Doha.ICICI Bank Eurasia opened a second branch, this time in St. Petersburg.

• 2008 The US Federal Reserve permitted ICICI to convert its representative office in New York into a branch.

History

Mr. K. V. Kamath, ChairmanMr. Sridar Iyengar Mr. Lakshmi N. MittalMr. Narendra Murkumbi Dr. Anup K. PujariMr. Anupam Puri Mr. M.S. Ramachandran Mr. M.K. Sharma Mr. P.M. SinhaProf. Marti G. SubrahmanyamMr. T.S. Vijayan Mr. V. Prem WatsaMs. Chanda Kochhar, Managing Director & CEOMr. Sandeep Bakhshi, Deputy Managing Director*Mr. N. S. Kannan, Executive Director & CFO* Mr. K. Ramkumar, Executive Director*Mr. Sonjoy Chatterjee, Executive Director      

Board Members

• ICICI Bank Mobile Banking was adjudged "Best Bank Award for Initiatives in Mobile Payments and Banking" by IDRBT, on May 18, 2009 in Hyderabad. • ICICI Bank's b2 branchfree banking was adjudged "Best E-Banking Project Implementation Award 2008" by The Asian Banker, on May 11, 2009 at the China World Hotel in Beijing.  • ICICI Bank bags the “Best bank in SME financing (Private Sector)” at the Dun & Bradstreet Banking awards 2009.  • ICICI Bank NRI services wins the “Excellence in Business Model Innovation Award” in the eighth Asian Banker Excellence in Retail Financial Services Awards Programme.   • ICICI Bank's Rural Micro Banking and Agri-Business Group wins WOW Event & Experiential Marketing Award in two categories - “Rural Marketing programme of the year” and “Small Budget On Ground Promotion of the Year”. These awards were given for Cattle Loan 'Kamdhenu Campaign' and 'Talkies on the move campaign' respectively.   • ICICI Bank's Germany Branch has been certified by “Stiftung Warrentest”. ICICI Bank is ranked 2nd amongst 57 savings products across 19 banks  • ICICI Bank Germany won the yearly banking test of the investor magazine €uro in the “call money”category.  

Awards & Recognition

• The ICICI Bank was awarded the runner's up position in Gartner Business Intelligence and Excellence Award for Asia Pacific for its Business Intelligence functions.  • ICICI Bank's Organisational Excellence Group was recently awarded ISO 9001:2008 certification by TUV Nord. The scope of certification comprised processes around consulting and capability building on methods of quality & improvements.   • ICICI Bank has been awarded the following titles under The Asset Triple A Country Awards for 2009:    • Best Transaction Bank in India    • Best Trade Finance Bank in India    • Best Cash Management Bank in India    • Best Domestic Custodian in India

ICICI Bank has bagged the Best Cash Management Bank in India award for the second year in a row. The other awards have been bagged for the third year in a row.  • ICICI Bank Canada received the prestigious Canadian Helen Keller Award at the Canadian Helen Keller Centre's Fifth Annual Luncheon in Toronto. The award was given to ICICI Bank its long-standing support to this unique training centre for people who are deaf-blind.  

Awards & Recognition

ICICI Group

Mobile Banking

Use your mobile phone to effect transactions and check accounts

Operate your Bank Account, Credit Card and Demat account

Apply for bank relationships using your mobile phone.

You can also query the account for a wide range of information that you usually want on a regular basis.

Benefits Of Mobile Banking

Banking Features

Balance Enquiry and Statement

Transaction History

Card-2-Card Fund Transfer

Use your Debit Card Online

Pre-paid Mobile Recharge

Send a Smart Money Order

Open Fixed Deposits and Recurring Deposits

Order a Demand Draft/Pay Order

Subscribe for Mobile Banking

Request a Cheque Book

Stop Payment Request

Request a Debit Card

Re-issue/Upgrade of ATM/Debit Card

Link Bank Accounts to ATM/Debit Card

Renewal/Premature Closure of FD/RD

De-block/Activate ATM/Debit Card

Request a Duplicate Physical Bank Statement

Secure Mailbox

Phone BankingA user friendly automated service menu offers you convenient access to your account coupled with security as, all your transactions are protected by a ATM Pin

• Self Phone Banking (IVR) access Mechanisms are as follows: • For Deposits -The customer would need to key-in his ATM/Debit Card Number and its corresponding ATM PIN. • For Credit Cards -The customer would need to key-in his 16 digit Card Number and its corresponding ATM PIN. • For Demat Account Holders -The customer would need to key-in his 14 Digit Demat Account Number and its TPIN. • For Bond Account Holders -The customer would need to key in his Bonds holder Number only.

Anywhere Banking

ICICI Bank is the second largest bank in the country.

It services a customer accounts through a multi-channel access network.

This includes branches and extension counters, ATMs, Call Centre and Internet Banking .

Thus, one can access the various services ICICI Bank has to offer at anytime, anywhere and from anyplace.

Smart Money Order

Smart Money Order is a unique service that allows you to send a money order anytime and to any destination in India.

Salient features of the facility are as under:

•All Retail Internet Banking Customers can use this facility.

•Money is delivered at the receiver's doorstep.

•Easiest way to send money to your near and dear ones anywhere in India. •Receiver need not hold a bank account.

•No need to handle physical cash.

•No need to visit the Post Office to send a money order.

•Service is available 24 X 7 X 365.

Bill Payment

• ICICI Bank Internet Banking and ICICI Bank Debit Card are the most convenient channel to manage and pay your bills anytime, anywhere. No more hassles of writing cheques or standing in queues to pay bills.

• ICICI Bank has tied up with major organizations across the country to facilitate payment of bills for Utility Companies (Electricity and Telephone) Bills, ICICI Bank credit card, Mobile Phone and Insurance Premium bills.

Balance Transfers

ICICI Bank's Balance Transfer allows you to clear any outstanding balances of any other bank's credit card using your ICICI Bank Credit Card.

• Save on interest cost – interest as low as 0%!

• Easy process for transfer

• Choice of Pay Back options in easy EMIs

• Convenient tenures - 6 months, 12 or 24 months.

Benefits of Balance Transfers:

Prepaid Mobile Recharge

• Recharge your Prepaid Mobile from the comfort of your home or office, anytime, anywhere with Prepaid Mobile Recharge Facility on ICICIBank.com.

• Now you no longer need to rush to the vendor for buying recharge codes, every time your talk time runs out. Just top-up your prepaid mobile cards by logging in to Internet Banking on ICICIBank.com.

iMobile

• iMobile is a breakthrough innovation in banking where practically all internet banking transactions can now be simply done on mobiles phones.

• Customers can now transfer funds to ICICI and Non ICICI Bank accounts just with the click of their mobile. The application covers Savings bank, Demat, Credit Card and Loan accounts.

• Customers can also pay their utility bills and insurance premium through this facility. ICICI Bank offers this facility free of charge to customers.

Investments

At ICICI Bank, we care about all your needs. Along with Deposit products and Loan offerings, ICICI Bank assists you to manage your finances by providing various investment options ranging from ICICI Bank Tax Saving Bonds to Equity Investments through Initial Public Offers and Investment in Pure Gold. ICICI Bank facilitates following investment products:

• ICICI Bank Tax Saving Bonds

• Government of India Bonds

• Investment in Mutual Funds

• Initial Public Offers by Corporates

• Investment in "Pure Gold“

• Foreign Exchange Services

• Senior Citizens Savings Scheme, 2004

Bonds• All ICICI Bank Bonds have been rated "AAA" by CARE and "LAAA" by ICRA indicating the highest degree of safety for your money

• All Investment in ICICI Bank Tax Saving Bonds issued upto March 2005 are eligible for tax rebate under Sec 88 to the full extent possible

• Bonds are listed on BSE, NSE

Mutual Funds

• Debt: Liquid schemes, Income schemes, G-sec schemes, Monthly Income Schemes etc.

• Equity: Diversified Equity Schemes, Sector Schemes, Index Schemes etc.

• Hybrid Funds: Balanced Schemes, Special Schemes - Pension Schemes, Child education Schemes etc.

Type Of Mutual Funds Sold:

ICICI Bank Pure Gold

Gold has been traditionally the most favored form of investment for Indians. In fact, India, even today is amongst the highest consumers of Gold in the world. However, the Gold market remains largely unorganized with reliability and convenience remaining the key issues for gold buyers in the country.

• ICICI Bank with its ‘Pure Gold’ offer attempts to bridge the gap between the need of the customers for buying gold

• Availability of an organized avenue to satisfy that need, by taking care of the two key components – Reliability and Convenience.

• 24 Carat ICICI Bank Pure Gold is imported from Switzerland. This Gold carries a 99.99% Assay Certification, signifying highest level of purity, as per international standards.

Foreign Exchange Services

Traveling abroad? Your search for Forex ends here

•ICICI Bank's Foreign Exchange Services will help you organize your foreign exchange in the most hassle free manner.

•Whether its Foreign Currency, Travelers Cheques or Travel Card, ICICI Bank Foreign Exchange Services is a one-stop solution to your foreign exchange requirement.

•Smooth journeys begin at ICICI Bank's Foreign Exchange Services

Senior Citizen Saving Scheme 2004

Scheme Details:

• Senior Citizens Savings Scheme (SCSS) is a Government of India Product.

• 9% interest offered to depositors.

• Since the product is offered by Govt of India, this product is one of the most Safest Investment Option.

• Premature closure of account is possible after one year from the date of opening the account.(Charges applicable).

Citizen Saving Scheme 2004

Advantages of Opening an SCSS Account with ICICI Bank

•Large number of Branches

•Facility of Direct Credit of Interest to ICICI Bank Account.

•In case the investor does not want to avail Direct Credit facility or ECS facility, Post Dated Cheques will be sent to Investor every year.

•Account Statement containing the details of Deposit Balance & transactions.

•Phone Banking Facility (for Queries)

Citizen Saving Scheme 2004

• The study of ICICI bank has made me more aware of the facilities that are now offered by the bank so that we can use them in the most effective manner make optimum utilization of time using mobile banking.

• It is totally what a common man desires for in a bank which saves his time at the same time safeguards its wealth. • It is one of the leading banks today in India. The diversification, the growth of the bank is enormous. It is seen almost everywhere in India.

• It has maintained a good level of customer satisfaction. People today don’t hesitate in depositing their hard earned money in this bank.

Conclusion

The study of ICICI bank has made me more aware of the facilities that are now offered by the bank so that we can use them in the most effective manner make optimum utilization of time using mobile banking. It is totally what a common man desires for in a bank which saves his time at the same time safeguards its wealth.

It is one of the leading banks today in India. The diversification, the growth of the bank is enormous. It is seen almost everywhere in India. It has maintained a good level of customer satisfaction. People today don’t hesitate in depositing their hard earned money in this bank.

Thank You