Financial Performance of ICICI Bank and SBI bank: A Comparative Analysis
نویسنده
چکیده
The banking sector mirrors the larger economy – its linkages to all sectors make it a proxy for what is happening in the economy as a whole. Efficient functioning of banking sector is required for the growth of overall economy. Banking plays a silent, yet crucial role in our day-to-day lives. The banks work as financial intermediaries, pooling savings and channelizing them into investment, helps in economic development of a country. The banking system of India is featured by a large network of bank branches, serving much kind of financial needs of the people. ICICI Bank has a network of 3350 branches and 10486 ATM’s in India, and has a presence in 19 countries. ICICI bank is one of the Big Four banks of India, along with State Bank of India, Punjab National Bank and Canara Bank. The State Bank of India, popularly known as SBI is one of the leading banks in India. The State Bank Group, with over 16,000 branches provides a wide range of banking products through its vast network of branches in India and overseas, including products aimed at Non-Resident Indians (NRIs). Headquarter of SBI is at Mumbai. SBI has 14 Local Head Offices and 57 Zonal Offices that are located at important cities throughout the country. In the present study, an attempt has been made to evaluate and compare the financial performance of SBI and ICICI Bank by comparing various ratios like Return on Equity, Cash Deposit Ratio and Credit Deposit Ratio. The data is taken from financial reports of both the banks for last five years ranging from 2008-09 to 2013-13. The results depicts that ICICI bank is performing better than SBI bank as it is able to generate more loans from its deposits to the customers. Keywords—ICICI Bank, SBI Bank, Financial Performance
منابع مشابه
A Comparative Analysis of Promotional Tools & Techniques Adopted For Retail Banking In Public Sector and Private Sector Banks
There has been a lot of restructuring and reshaping of the role of the banks in the past decade as India too has groomed itself for a more visible presence on the global platform. Stiff competition between the public sector banks and foreign players has led to public sector banks gaining a dominant while the foreign banks have had to adjust to the domestic banking scene to a great extent. In to...
متن کاملPerformance of Credit Risk Management in Indian Commercial Banks
For banks and financial institutions, credit risk had been an essential factor that needed to be managed well. Credit risk was the possibility that a borrower of counter party would fail to meet its obligations in accordance with agreed terms. Credit risk; therefore arise from the bank’s dealings with or lending to corporate, individuals, and other banks or financial institutions. Credit risk...
متن کاملMarketing Communication Strategies of Public and Private Sector Banks- A Comparative Analysis (With special reference to ICICI BANK and STATE BANK OF INDIA)
Marketing Communication becomes increasingly necessary in today’s competitive environment. It becomes mandatory for the banks to think seriously about how they can compete effectively with other financial institutions. This has led them to pay due importance to marketing communication strategies. Marketing Communication strategies perform two different functions i.e. attract the deposits on one...
متن کاملMerger and Acquisition in Banking Industry: A Case Study of ICICI Bank Ltd
To keep the head high in globalized economy one has to follow the path of growth, which contains various challenges and issues; one has to overpower these challenges and issues to become a success story. We consider a case of ICICI Bank Ltd., the largest private sector bank in India, which has acquired nine financial firms to make the steps of the ladder of success. Therefore, the aim of this a...
متن کاملCustomer Orientation and Business Performance of Financial Institution: A Case Study of Eastern Hararghe Commercial Bank of Ethiopia
The main objective of the paper is to investigate customer treatment, financial efficiency and supporting customer services with modern banking technology in financial institutions. The customer orientation and business performance of financial institutions targets customer services to maintain long term mutual relationships. The findings of the study has direct practical relevance for the bank...
متن کامل