ICICI Bank Formation ICICI Bank Today Current Strategies
Assumptions Capabilities Future Goals Economic Factors effecting
Growth
Slide 3
Industrial Credit and Investment Corporation of India Limited
ICICI, along with UTI, set up Credit Rating Information Services of
India Limited (CRISIL), ICICI Securities and Finance Company
Limited in joint venture with J. P. Morgan set up. ICICI Asset
Management Company set up. ICICI Bank set up. 1955 1986 1993
1994
Slide 4
Large capital base Vast talent pool Low operating costs
Technology focus Strong corporate relationships ICICI Bank Ltd is
India's largest private sector bank and the second largest bank in
the country with consolidated total assets of about US$ 100 billion
as of December 31, 2008.
Slide 5
ICICI has been honored with the following awards in the The
Asset Triple A country awards for 2009: 1.Best Transaction Bank in
India 2.Best Trade Finance Bank in India 3.Best Cash Management
Bank in India 4.Best Domestic Custodian in India
Slide 6
1.ICICI Bank Ltd. Ties up with various companies for providing
quality service to its customers E.g.;- Tie up with Bharat Sanchar
Nigam Limited (BSNL) to provide online bill payment facility. In
association with Singapore Airlines launched ICICI Bank Singapore
Airlines Visa Platinum Credit Card,
Slide 7
2. Expanding their various activities globally through various
agreements with other countries. E.g. loan agreement with the
Export-Import Bank of China (China Exim) for $98 million. 3. Debit
card volumes have moved from Rs250 crore per month to about Rs400
crore per month. The bank is pushing spending on debit cards
instead.
Slide 8
4. The bank had reduced the number of people who act as
intermediaries for selling loans. 5. Branches dont just do
servicing; they now do relationship management. The systems, and
physical layout of the branch is being changed to accommodate this
new requirement,
Slide 9
1. The bank is expecting to draw customers back to its
branches. It has virtually stopped calling prospective customers on
the phone to offer loans, depending instead on branches, short
messaging service and emails to solicit business. 2. In such an
environment the bank focuses on high-income category customers who
are the least prone to default and litigation (rather) than the
marginal middle-class customers who are the first to be hit by the
changing economic environment.
Slide 10
Slide 11
Capital Adequacy The Banks capital adequacy at June 30, 2009 as
per Reserve Bank of Indias Basel II norms was 17.4% and Tier- 1
capital adequacy was 13.1%,well above RBIs requirement of total
capital adequacy of 9.0% and Tier-1 capital adequacy of 6.0%. (In
%)
Slide 12
Consolidated Profits Consolidated profit after tax of the Bank
increased by 68% from Rs. 617 crore (US$ 129 million) in Q1-2009 to
Rs. 1,035 crore (US$ 216 million) in Q1-2010. (In Rs. Crores)
Slide 13
0 200 400 600 800 1000 1200 1400 Ju n- 08 Au g- 08 Oc t- 08 De
c- 08 Fe b- 09 Ap r- 09 Ju n- 09 Net Profit 728.01 1014.21 1272.15
743.16 878.22 Increase by 17.10% In Rs. Crores
Slide 14
1. Until recently our savings account base has been growing at
over 30% year-on-year. Our CASA (current and savings accounts) has
grown from 18% a few years ago to 28% of the liability base. We
plan to take it to 35%. 2. ICICI Bank has increased its branch
network to 1,400 from 750 in a years time and will have 2,000
branches in the next one year.
Slide 15
1. Economic Slow Down: The economic slow down has forced the
customers to lower their savings due to the decrease in their
earnings. 2. Rumors: Rumors were spread that the Bank had come down
in a situation to go Bankrupt due to which the customers started
withdrawing their Money.
Slide 16
The presentation has been done by:- Vishnu Kedia Abhishek
Bansal Sakku Jays Mrigna Gupta Shiva Revanth