...ICICI Bank | | Type | Public | Traded as | BSE: 532174 NSE: ICICIBANK NYSE: IBN BSE SENSEX Constituent | Industry | Banking, Financial services | Founded | 1954 | Headquarters | Mumbai, Maharashtra, India | Area served | Worldwide | Key people | Ms.Chanda Kochhar (MD & CEO) | Products | Credit cards, Consumer banking, corporate banking,finance and insurance,investment banking, mortgage loans, private banking, wealth management | Revenue | US$ 13.52 billion (2012)[1] | Operating income | US$ 2.117 billion (2012)[1] | Profit | US$ 1.597 billion (2012)[1] | Total assets | US$ 98.99 billion (2012)[1] | Total equity | US$ 12.62 billion (2012)[1] | Employees | 81,254 (2012)[1] | Website | www.icicibank.com | ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Corporate Social Responsibility programmes for Elementary Education[edit] Read to Lead Phase I[edit] Read to Lead is an initiative of ICICI Bank to facilitate access to elementary education for underprivileged children in the age group of 3–14 years including girls and tribal children from the remote rural areas. The Read to Lead initiative supports partner NGOs to design and implement programmes that mobilise parent and community involvement in education, strengthen schools and enable children to enter and complete formal elementary...
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...FINANCIAL LITERACY AS A TOOL OF FINANCIAL INCLUSION A SUMMER INTERNSHIP REPORT Submitted by KHUSHBOO VERMA Registration No: 11400462 In partial fulfillment of Summer Internship for the award of the degree of MASTER OF BUSINESS ADMINISTRATION School of Business LOVELY PROFESSIONAL UNIVERSITY Phagwara, Punjab July, 2015 1 ACKNOWLEDGEMENT: I am very much obliged to Mr. Vikram Jain (Chartered Accountant) for his valuable suggestion to take up the project in Appu International Ludhiana. This project report could not complete without the guidance of Mr. Vikram Jain and their timely help and encouragement helped me to complete this project successfully. I am thankful to Vikram Jain for their suitable guidance at every stage of my training. I thanks to Mrs. Rimpy, Sangeeta jangra. And miss. Pushpa Mehta for giving me opportunity to work at Accounts, Records, purchases and sales items maintained of Appu International as a finance trainee. 2 (INDEX):Chapters Name Page No. 1. Executive Summary 7 2. Industry Introduction 8-9 3. Organization Introduction 10-19 4. Literature Review 20-23 5. Introduction To Financial Literacy As A Tool Of 24-33 Sr. No. Financial Inclusion 6. Hypothesis 33-34 7. Research Methodology 35-39 8. Result And Discussion 40-73 9. Finding 74-77 10. Suggestion 78-79 11. Limitation 80 12. Future Scope 80 13. ...
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...oBank Management Finance 408 SPRING 2016 Lecture Note Outline: Part 1 (Chapters 1, 5 and 6) Overview: Commercial Bank Management Chapter 1 How large is the financial services industry (commercial banks, investment banking, insurance) as a proportion of the US Economy’s corporate assets? 10%? 20%? 50%? More? ~70% Why study commercial banks separate from other types of firms (Retail / Manufacturing)? Because commercial banks have some fundamental differences from non-financial firms: 1) Commercial banks have primarily financial assets; non-financial firms have primarily real assets 2) Because of the above, commercial banks are exposed to different types of risk than non-financials (some of which are related to banks’ financial assets, like interest rate risk and default risk.) 3) Commercial banks market products from BOTH sides of the balance sheet making it more difficult to balance their sources of funds (i.e., deposits) and uses of funds (new loans). Non-financials determine how much capital is necessary to purchase new assets and then (assuming the project is +NPV) determine how to fund the purchase. Big picture: How to non-financial firms earn profits? How to commercial banks earn profits? Commercial banks earn profits from generating higher levels of interest income and fee income than they incur in interest expense (paid on deposits and other liabilities) and operating costs. Non-financials earn net revenues generated from positive NPV investments...
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...performance results. ➢ Due to time constrain, we took only five equity schemes and suggest the desired portfolio for the investors only on the base of above schemes only. ➢ We have taken BSE 100 as the benchmark index for calculation of market return though different funds have compared themselves on different indices. This is to make our study more valid and it is easy to compare performance on one benchmark return basis. ➢ We have considered the rate of interest of National Savings Certificates as the Risk free rate of return. 3. Criteria & Tools for Evaluation:- This study only includes five open ended equity funds during the last 5 years. Moreover the result of the study is only based on following measures. ➢ Treynor Measure ➢ Sharpe Measure ➢ Jenson Model 1.4 Research design:- It is a descriptive research. 1.5 Sources of Data:- Secondary Data: Methods of Data Collection:- ➢ For the study, the basic data like Net Asset Value, top 5 funds have been collected from websites such as moneycontrol.com, mutualfundsindia.com and bseindia.com ➢ Other details regarding the mutual funds have been collected from respective websites of the funds. 6....
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...sources of environments. So, Adidas is also taking care about the environment since their main resources are cotton and leather. The decision to have 100% ‘Better Cotton’ in their products by 2018 is a good example of this. ‘Better Cotton’ is cotton grown to social and environmental standards set by the multi-stakeholder Better Cotton Initiative (BCI). So while setting this target supports their ambitions to make their products more sustainable, the responsibility for meeting it rests with their Global Operations team and their sourcing strategy. 2.0 Policy 2.1 Analyzing the environmental policy of Adidas According to their re-engineering plan, Adidas targets in 4 major areas: 1. Recyclable Main Materials 2. Energy and Carbon saving 3. Emission and 4. Mobility. Main material includes leather and cotton what they called better cotton. BCI aims to promote measurable improvements in the key environmental and social impacts of cotton cultivation world-wide. The Better Cotton Initiative (BCI) is to make global cotton production sustainable and they are also a founding member of the BCI. Adidas also founded...
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...financial markets. A strong financial system offers risk diversification and effective capital allocation. The greater the financial development, the higher would be the mobilization of savings and its allocation to high return projects. Financial development can be measured by a number of factors including the depth, size, access, and soundness of financial system. It can be measured by examining the performance and activities of the financial markets, banks, bond markets and financial institutions. It is observed that higher the degree of financial development in a country, the wider will be the availability of financial services. A developed financial system offers higher returns with less risk. In this paper it is attempted to collect main components of financial development including Banks, Stock markets, insurance companies and bond markets for 41 economies during the period of 1988 to 2009. The method of principal component is utilized to extract a single financial development index out of them. Principal component analysis is a modern tool of data analysis. The main aim to apply principal component to achieve a meaningful index out of complex and multidimensional elements of financial development and to re-express the data with minimum noise and maximum extract, so that a single measure of financial development can be achieved. This index can be used to assess the financial strength of an economy and can be related to growth further. Key Words: Financial Development Index...
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...According to the IMF, fiscal stimulus must be customized to the nature of the crisis. That’s why a slow acting fiscal policy can be used on the current crisis (while usually it comes too late and adds up inflation). Expenditure measures are hence appropriate because of their direct stimulation of the demand. Moreover, due to the lack of accurate and reliable estimates, IMF also recommends the diversification of the fiscal policies used in order to maximize their effectiveness. The global nature of the current crisis and the different capacities of the worldwide governments involved imply the necessity to coordinate the stimulus plans in order to yield better and quicker benefits that will help out the countries with lower abilities (free-rider externalities effect). By analyzing the situation from 2008 to end 2010, it appears that the recovery is on track but risks and uncertainty remain. The next move then is to consolidate and create an adequate environment for balanced and sustained economic growth, fiscal sustainability and financial stability on a worldwide level. Using short term fiscal policies, the governments should first increase their credibility and consolidate their budgets by employing fiscal rules. Second, the exit from the exceptional fiscal policies used should be well timed to a strong growth or delayed if conditions are still weak: “difference between US - Europe vs. Japan”. Third, the fiscal policies used in developed countries will generate capital inflows...
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...ole of youth in oil conservation ”Under your shoulders. Dear young people of the entire world, weigh the responsibility to transform tomorrow's world into a society where peace, harmony and fraternity reign. “ - Bishop Carlos Belo Youth constitute about 40 percent of the total population of India. The youth of every country is its valuable human resource. The responsibility for change, progress and innovation lies on their shoulders. Youth can make or mar society. There has always been misunderstood by the elders. The elders feel that, being immature and inexperienced, the youth usually indulge in thoughtless activities. However, the youth have the zeal to initiate revolutions. Mao Tse Tung of China realized this latent power and dedication of youth of his country. He entrusted them with the responsibility of bringing about Cultural Revolution, a change in the attitude of the society. The youth of our country also played a significant role in the freedom struggle. Today the youth needs to play an important role in promoting oil conservation. India is country of rich cultural heritage as well as it is rich in resources essential for a comfortable living. Such resources also include the oil resources such as petroleum and diesel which are essential resources for transportation but these resources are exploited today to extreme. Conservation of these resources is necessary so as to enjoy and live life comfortably. As Mahatma Gandhi said “the earth has enough to fulfill the...
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...Employing state job services Employing a staffing agency (StoreStaff) Staff members involved: V.P. Human Resources Staffing Services Director HR Recruiting Manager HR Selection Manager Potential peers Budget: $2,000 - $6,000 Targets Promotion from within is a very important aspect of Tanglewood. All employees start out as store associates. Therefore, Tanglewood must attract the top talent at the store associate level so they can promote them to higher level positions. The best candidates for Tanglewood to target are high school seniors and college freshman. This is because then Tanglewood will be able to train and develop the talents which they wish these individuals to posses. This will also promote brand loyalty because the employees will feel a sense of loyalty to the company if the company has supported them as they received their education. Tanglewood currently uses five different types of recruitment strategies. The following paragraphs will discuss the different methods and who those methods are targeting. Tanglewood uses different media outlets to advertise their open positions. They use those outlets such as print, radio, and television coupled with individuals filling out a standardized job application. Tanglewood has also placed Kiosks in their store for candidates to fill out the standardized application. These media outlets and Kiosks are seen by a variety of different people in a variety of different locations. Tanglewood also uses referrals as a form...
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...Table of Contents S. No. Topic Page Number App no of pages ( not to be included in report) 1 Corporate Internship Objectives 6 2 Corporate Internship- Abstract 7 3 Internship Organisation’s Profile vis-à-vis its competitors 8-28 4 Industry Analysis 29-46 5 Financial Statement Analysis 47-60 6 Detailed study on the Marketing, Operations and Finance & HR functions OR Details of the specific field based project assigned during the internship 61-75 7 Project - Conclusion & Recommendations 76 8 My Take Away – Key Learning’s 77 9 Annexure & References 78 Jaypee Business School Objectives of the Corporate Internship The purpose of Corporate Internship for a minimum time of 8 weeks is to connect theory and practice, obtain knowledge & awareness of the functioning of various departments of the corporate and its environment which is utmost necessary for the success of the budding managers. The basic objectives of the summer internship programme for the MBA students are: 1. To understand the business and competitive environment of ING Vysya Bank. 2. To analyze and understand the financial position of ING Vysya Bank viz – a – viz competitors. 3. To study the Business Banking Department of ING Vysya Bank and its practices. 4. To facilitate in testing what I have learnt in the foundation courses in the first year. 5. To get a feel of corporate life and its functioning & understand various interaction styles. ...
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...author’s perspective. Households Daily acts, such as buying groceries has an enormous impact on our economy. Purchasing groceries on a regular basis directly affect the GDP. Consumer spending is a driving force of a nation’s economic health. The Gross Domestic Product (GDP) defined is the final monetary measurement of a country’s production activities, of goods and services, bought by the end users in a given period. Purchasing groceries for consumption is part of the GDP collection process. This factor is how individual household purchases affect the nation’s economy. In times of a recession, consumers spending decreases. Consumers curtail their spending and go into the savings mode. The practice of saving versus spending affects other areas of business, such as production. The switch to a saving pattern causes a decline in production of goods. The reduction of production resulting from reduced spending causes layoffs in the agriculture industry. Further decreases in the supply of goods (groceries) become evident by...
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...marchés financiers (AMF), which, “regulates, authorises, monitors, and, where necessary conducts investigations and issues sanctions”. Congress created the AMF authority in 2003. According to the 2015 Index of Economic Freedom, “France’s economic freedom has waned as the size and reach of government have expanded”. This has been attributed to a decrease in the amount of youth working and issues with private sector expansion. The government provides many utilities, social programs, educational institutions and services while aiding in control of their markets through fiscal policies. France best fits the market-oriented structure, as their economy is very diverse and offers goods and services in exchange for those willing to exchange money. Short-run Growth indicators In looking at France’s GDP, growth rate of GDP and their GDP per capita, it appears France is not moving anywhere fast. Over the last 5 years, their economy has been somewhat shaky in terms of growing. Although France appears to be stagnate in...
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...History Today Fifth Third Bancorp is a diversified financial services company that is headquartered in Cincinnati, Ohio. The bank presently serves the Midwest and Southeast. The company operates five main businesses that include commercial banking, branch banking, consumer lending, investment advisors, and Fifth Third processing solutions. According to Yahoo! Finance it operates 16 affiliates with over 1,291 full-service locations and 20,998 full-time employees. Fifth Third Bancorp was first established in the mid 19th century during the formulation of America’s national Banking system. The origins of Fifth Third Bank can be traced back to the Bank of the Ohio Valley in 1858. It was later purchased by Third National Bank in 1871. With the turn of the century came the union of Third National Bank and Fifth National Bank creating Fifth Third National Bank of Cincinnati on June 1, 1908. Between the 1950s and 1970s Fifth Third Bank began to experiment more with personal and commercial banking. As the bank expanded its services it began to use advertisements that featured the company’s 5/3 shield logo and in 1973 it adopted the slogan, “The only bank you’ll ever need”. Fifth Third booted its first computer in 1960, initiated home banking services, and the ATM in the 1970s. These electronic services formed the basis of what would later become Fifth Third payment services department. The bank holding company Fifth Third Bancorp was created in 1975. The bank holding company enabled...
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...GLOBAL WARMING Luis Ormeno Prof, LaShawn Smith SOC 300 Sociology of Developing Countries 03/05/2012 GLOBAL WARMING OUTLINE 1. Introduction………………………………………………………… 3 2. What is Global Warming…………………………………………… 4 3. Causes of Global Warming………………………………………… 5 4. Effects of Global Warming………………………………………..... 6 5. Measures toward prevention of Global Warming ………………… 7 6. Conclusion……….…………………………………………………. 8 7. References …………………………………………………………. 9 Introduction. I decided to talk about this matter because many people do not think that Global Warming is a threat to their life. Global warming is one of the most serious problems that currently exist in our planet, therefore we need to know, analyze, and why not to seek for a solution. There are many people in the planet that still do not believe in global warming, people who state that there is no scientific evidence that there is an increase in temperatures, it is obvious that temperatures are changing and the effects can be disastrous for mankind if we do nothing about, future generations will suffer. We need somehow stop or monitoring closely deforestation, trees are the lungs of our planet...
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...SUMMER INTERNSHIP PROJECT REPORT ON Business development and market research on Kotak life insurance products and services suitable for different market segmentation. Submitted to: Department of management in the partial fulfillment for the MBA SUBMITTED BY: VICTOR MONDAL REG NO: 1420233 Under the guidance of Dr. Kamal Kishore Assistant Professor Institute of Management Christ University, Bangalore MBA 2014-2016 CERTIFICATE This is to certify that the Summer Internship Project submitted by Mr. Victor Mondal on the title Business development and market research on Kotak life insurance products and services suitable for different market segmentation, Kolkata is a record of project work done by him during the academic year 2015–16 under my guidance and supervision in partial fulfillment of Master of Business Administration. This Summer Internship Project has not been submitted for the award of any degree, diploma, associate ship or fellowship or any other title in this University or any other University. Place: Bangalore (Name & Signature of the Guide) Date: Dr. Kamal Kishore ...
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