Comparison of Icici Bank and Hdfc Bank
Project Report
Strategic Analysis of ICICI Bank and its comparison with HDFC Bank
1|Page
Contents
Profile of the banks……………………………………………………………………………………….3
Financial Analysis of the two banks …………………………………………………………………... 4
Growth Strategies that ICICI bank can adopt…………………………………………………………9
Strategic Analysis………………………………………………………………………………………..10
Recommendations……………………………………………………………………………………….13
2|Page
1. Profile of the banks
ICICI Bank
ICICI Bank is India's second-largest bank and offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.
The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United
States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia.
Mr. K.V. Kamath is the Chairman while Ms. Chanda Kochhar is the Managing Director and the C.E.O. as well. Ms. Chanda Kochhar, received the "Corporate Social Responsibility Award", at the 10th Asia
Business Leaders Awards (ABLA) by CNBC and was also ranked 10th in the list of "Top 50 Women In
World Business 2011", by Financial Times apart from many other distinguished awards.
HDFC Bank
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an
'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994. The bank was incorporated in
August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC
Bank commenced operations as a Scheduled Commercial Bank in January 1995.
HDFC Bank's
Strategic Analysis of ICICI Bank and its comparison with HDFC Bank
1|Page
Contents
Profile of the banks……………………………………………………………………………………….3
Financial Analysis of the two banks …………………………………………………………………... 4
Growth Strategies that ICICI bank can adopt…………………………………………………………9
Strategic Analysis………………………………………………………………………………………..10
Recommendations……………………………………………………………………………………….13
2|Page
1. Profile of the banks
ICICI Bank
ICICI Bank is India's second-largest bank and offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialized subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.
The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United
States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia.
Mr. K.V. Kamath is the Chairman while Ms. Chanda Kochhar is the Managing Director and the C.E.O. as well. Ms. Chanda Kochhar, received the "Corporate Social Responsibility Award", at the 10th Asia
Business Leaders Awards (ABLA) by CNBC and was also ranked 10th in the list of "Top 50 Women In
World Business 2011", by Financial Times apart from many other distinguished awards.
HDFC Bank
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an
'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994. The bank was incorporated in
August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC
Bank commenced operations as a Scheduled Commercial Bank in January 1995.
HDFC Bank's