Professional Documents
Culture Documents
OBJECTIVES
EXECUTIVE SUMMARY
The project will be giving in brief the evolution of banking i.e. how
the banks have evaluated and their progress. After evolution of the
banking, the project further states about the function, services,
policies, types, advantages & disadvantages and its investment in
commercial banking in India.
INDEX
SR.NO.
1.
2.
3.
4.
5.
6.
7.
TOPIC
Introduction
Field Study
Literature Review
Annexure
Conclusion.
Research Methodology
Bibliography & References.
PAGE
NO.
1-28
29-41
42
43-50
51
52
53
CHAPTER 1: INTRODUCTION
INTRODUCTION TO
BANKS IN INDIA:
MEANING
DEFINITION
FEATURES
OBJECTIVES
NEED & IMPORTANCE
TYPES
MEANING:
A bank is a financial institution and a financial intermediary that accepts deposits and
channels those deposits into lending activities, either directly or through capital
markets. A bank connects customers that have capital deficits to customers with
capital surpluses. The term bank is derived from the French word Bunco which means
a Bench or Money exchange table. In olden days, European money lenders or money
changers used to display (show) coins of different countries in big heaps (quantity) on
benches or tables for the purpose of lending or exchanging.
DEFINITION:
Oxford Dictionary defines a bank as an establishment for custody of money,
which it pays out on customer's order."
The definition of a bank varies from country to country. Under English common law,
a banker is defined as a person who carries on the business of banking, which is
specified as:
conducting current accounts for his customers,
paying cheques drawn on him, and
Collecting cheques for his customers.
CHARACTERISTICS / FEATURES:
Dealing in Money:
OBJECTIVES:
The following are the objectives of the banks in India:
Social Welfare:
It was the need of the hour to direct the funds for the needy and required sectors of the
Indian economy. Sector such as agriculture, small and village industries were in need
of funds for their expansion and further economic development.
Controlling Private Monopolies:
Prior to nationalization many banks were controlled by private business houses and
corporate families. It was necessary to check these monopolies in order to ensure a
smooth supply of credit to socially desirable sections.
Expansion of Banking:
In a large country like India the numbers of banks existing those days were certainly
inadequate. It was necessary to spread banking across the country. It could be done
through expanding banking network (by opening new bank branches) in the unbanked areas.
Reducing Regional Imbalance:
In a country like India where we have an urban-rural divide; it was necessary for
banks to go in the rural areas where the banking facilities were not available. In order
to reduce this regional imbalance nationalization was justified.
Priority Sector Lending:
In India, the agriculture sector and its allied activities were the largest contributor to
the national income. Thus these were labeled as the priority sectors. But unfortunately
they were deprived of their due share in the credit. Nationalization was urgently
needed for catering funds to them.
Form 1st July RBI guidelines ensure that banks will follow the base rate
system to price loans. Banks will add a risk premium that will be specific to
the kind of risk that the bank perceives you to carry, based on your
creditworthiness (on previous history).
Banks are increasingly accessing your credit history or your past records if
you have taken loans and analyzing how disciplined you have been to pay
them back on time and in full.
EVOLUTION OF
COMMERCIAL BANKS
10
CONTENT
INTRODUCTION
MEANING
11
DEFINITION
CLASSIFICATION OF COMMERCIAL BANKS
IMPORTANCE OF COMMERCIAL BANKS
INVESTMENT OF COMMERCIAL BANKS
LIST OF COMMERCIAL BANKS IN INDIA
INTRODUCTION:
The commercial banking industry in India started in 11186 with the establishment of
the Bank of Bengal in Calcutta. The Indian Government at the time established three
Presidency banks, viz., the Bank of Bengal (established in 1809), the Bank of
Bombay (established in 1840) and the Bank of Madras (established in 1843).
After independence, the Government of India started taking steps to encourage the
spread of banking in India. In order to serve the economy in general and the rural
12
13
14
15
Among these assets, investment in cash and government securities serves the liquidity
requirements of banks and is influenced by RBI policy.
Commercial banks investments are of three types:
The first two types are known as SLR securities whereas the other one is NON-SLR
securities.
16
Allahabad Bank
Andhra bank
Bank Of Baroda
Bank Of India
Bank Of Maharashtra
Canara Bank
Central Bank Of India
China trust commercial bank
Citi union bank
Corporation Bank
Cosmos bank
Dena Bank
Development credit bank ltd.
Export import bank of India
Federal bank limited
Global trust bank limited
ICICI Bank
IDBI Bank Ltd
Indian Bank
Indian Overseas Bank
Indusland bank limited
NABARD Bank
Oriental Bank of Commerce
Punjab And Sind Bank
Punjab National Bank
State Bank Of Hyderabad
State Bank Of India
State Bank Of Indore
State Bank Of Mysore
State Bank Of Patiala
State Bank Of Saurashtra
State Bank Of Travancore
Syndicate Bank
Uco Bank
Union Bank Of India
United Bank Of India
Vijaya Bank
17
TYPES OF
COMMERCIAL BANKS
Broadly speaking, banks can be classified into commercial banks and central
bank. Commercial banks are those which provide banking services for profit. The
central bank has the function of controlling commercial banks and various other
economic activities. There are many types of commercial banks such as deposit
banks, industrial banks, savings banks, agricultural banks, exchange banks, and
miscellaneous banks.
COMMERCIAL BANKS
INDUSTRIAL BANK
SAVING BANK
AGRICULTURAL BANK
EXCHANGE BANK
DEPOSIT BANK
18
MISCELLANEOUS BANK
INDUSTRIAL BANKS:
Industries require a huge capital for a long
period to buy machinery and equipment.
Industrial banks help such industrialists. They
provide long term loans to industries.
Besides, they buy shares and debentures of
companies, and enable them to have fixed
capital. Sometimes, they even underwrite the
debentures and shares of big industrial
concerns.
SAVINGS BANKS:
These banks were specially established to encourage thrift among small savers and
therefore, they were willing to accept small sums as deposits. They encourage savings
of the poor and middle class people. In India we do not have such special institutions,
but post offices perform such functions. After nationalization most of the nationalized
banks accept the saving deposits.
AGRICULTURAL BANKS:
19
EXCHANGE BANKS:
These banks finance mostly for the foreign trade of a country. Their main function is
to discount, accept and collect foreign bills
of exchange. They buy and sell foreign
currency and thus help businessmen in their
transactions. In India, there are some
commercial banks which are branches of
foreign banks. These banks facilitate for the
conversion of Indian currency into foreign
currency to make payments to foreign
exporters. They purchase bills from
exporters and sell their proceeds to
importers.
DEPOSIT BANKS:
The most important type of deposit banks is the
commercial banks. They have connection with the commercial class of people. These
banks accept deposits from the public and lend them to needy parties. Since their
deposits are for short period only, these banks extend loans only for a short period.
Ordinarily these banks lend money for a period between 3 to 6 months. They do not
like to lend money for long periods or to invest their funds in any way in long term
securities.
MISCELLANEOUS BANKS:
20
There are certain kinds of banks which have arisen in due course to meet the
specialized needs of the people. In England and America, there are investment
banks whose object is to control the distribution of capital into several uses.
American
Trade Unions
have
got
labor banks,
where
the
savings
of
the laborers
are
pooled
together.
ADVA
NTAGES & DISADVANTAGES OF
COMMERCIAL BANKING
ADVANTAGES:
The following are the advantages of commercial
banks in India:
21
MORTGAGES
The flat price of a home is beyond the purchasing power of most people. Only
through the creation of mortgages by commercial banks is the ability to purchase a
house given to the average person. A mortgage involves a fixed series of annual
payments to a bank over a long period of time in exchange for the bank paying the
full price of the purchase in the short term.
SAVINGS
Rather than merely keeping your money in a safe place, by placing your money in
a bank account you add to your wealth as the bank pays interest on the amount.
This has a further advantage for society at large: As money saved in the bank isn't
merely dead capital but money that the bank is actively investing in other
enterprises, it helps to grow the wealth of society overall.
PAYMENT
Commercial banks have devised a number of ways to aid clients in the payment of
their debts. The first paper currency was created by commercial banks as issued
credits on physical wealth, such as gold kept in bank vaults. Commercial bank
customers can use checks as well as debit cards and online bill-paying services to
make payments in a quick, easy way.
LOAN APPROVALS
One disadvantage of using a large, commercial bank can easily be seen if
you're trying to get a loan. Unlike a local bank, or a relatively small bank,
a larger, commercial bank will have to put a loan through several different
departments. Beyond that, you may have to have dozens of people sign off
on a single loan. This can lead to many more people getting involved in
saying yes or no to your loan, and it may lead to a lot more negotiation
than you were hoping to conduct. This is especially true for a simple,
relatively straightforward home or business loan.
22
RIGID STANDARDS
Another downside of using commercial banks is that they have very rigid
standards more often than not. All banks have to follow the financial laws
put forth by the U.S. government, but commercial banks may treat their
own, additional rules as if they're set in stone. Again, this is most often
seen in the loan process. Commercial banks, due to their size and the sheer
volume of the market that they command, are often less likely to make
concessions to customers. This can lead to a very "my way or the
highway" attitude from a commercial bank.
SECURITY
One of the biggest concerns that a person has with their bank is whether or
not their money is insured. If you put $10,000 in a savings account, you
want to be sure that money will be available, regardless of what expenses
your bank has to deal with. This is why the U.S. government created FDIC
insurance, which insures up to $100,000 worth of money (though it's more
than $200,000 until 2013) per depositor so that those depositors can have
faith in the bank.
DISTINGUISH
BETWEEN COMMERCIAL BANK AND
CENTRAL BANK
TOPIC
Meaning
COMMERCIAL
BANK
CENTRAL BANK
A central bank is a
financial institution and a
financial
intermediary
that accepts deposits and
23
Definition
Function
According
to
Prof.
Sayers, "A commercial
bank is an institution
whose debts are widely
accepted in settlement of
other people's debts to
each other."
The main function of a
Commercial Bank is to
accept deposits from
public for the purpose of
lending to industry and
others.
Acceptance Of
Deposit
Provision
Loans
Of
Ownership
Total Number
24
Oxford
Dictionary
defines a central bank as
"an establishment for
custody of money, which
it pays out on customer's
order."
The
Central
Bank
regulates money supply
in the country. It also acts
as a banker to the
government and to the
other banks operating in a
country.
The Central Bank of
India (i.e. RBI) has the
power to print currency
notes from Rs.2 and
above.
The Central Bank doesnt
accept any deposit from
the public.
The
Central
Bank
provides
loans
to
scheduled banks and
financial institutions.
Central Bank of India
(RBI) is owned and
controlled
by
Government of India.
However, there is only
one apex Central Bank
(i.e. RBI) in India.
Monitory
Control
Registration
And
Establishment
In India, Commercial
banks are registered
under
the
Banking
Regulation Act of 1949.
Framing
Monetary
Policy
FUNCTIONS OF
COMMERCIAL BANKS
25
INTRODUCTION
PRIMARY FUNCTIONS
SECONDARY FUNCTIONS
CREDIT CREATION
LIMITATIONS OF CREDIT CREATION
INTRODUCTION
26
COMMERCIAL BANKS
PRIMARY FUNCTIONS
SECONDARY FUNCTIONS
Acceptance of deposits
Agency services
Advancing loans
Creation of credit
Overdraft
Clearing of cheques
Cash credit
Term loan
Consumer credit
PRIMARY FUNCTIONS:-
27
Acceptance of deposits
Advancing loans
Creation of credit
Clearing of cheques
Financing foreign trade
Remittance of funds
ACCEPTANCE OF DEPOSITS:
28
ADVANCING LOANS:
The second primary function of a commercial
bank is to make loans and advances to all types of
persons, particularly to businessmen and
entrepreneurs. Loans are made against personal
security, gold and silver, stocks of goods and other
assets. The most common way of lending is by:
Overdraft Facilities:
In this case, the depositor in a current account is allowed to draw over and above his
account up to a previously agreed limit. Suppose a businessman has only Rs. 30,000/in his current account in a bank but requires Rs. 60,000/- to meet his expenses. He
may approach his bank and borrow the additional amount of Rs. 30,000/-. The bank
allows the customer to overdraw his account through cheques. The bank, however,
charges interest only on the amount overdrawn from the account. This type of loan is
very popular with the Indian businessmen.
Cash Credit:
Under this account, the bank gives loans to the borrowers against certain security. But
the entire loan is not given at one particular time, instead the amount is credited into
his account in the bank; but under emergency cash will be given. The borrower is
required to pay interest only on the amount of credit availed to him. He will be
allowed to withdraw small sums of money according to his requirements through
cheques, but he cannot exceed the credit limit allowed to him. Besides, the bank can
also give specified loan to a person, for a firm against some collateral security. The
bank can recall such loans at its option.
Discounting Bills of Exchange:
This is another type of lending which is very popular with the modern banks. The
holder of a bill can get it discounted by the bank, when he is in need of money. After
deducting its commission, the bank for a bank, they provide a very liquid asset which
can be quickly turned into cash. The commercial banks can rediscount the discounted
bills with the central banks when they are in need of money. These bills are safe and
secured bills. When the bill matures the bank can secure its payment from the party
which had accepted the bill.
29
CREATION OF CREDIT:
A unique function of the bank is to create credit. Banks supply money to traders and
manufacturers. They also create or manufacture money. Bank deposits are regarded as
money. They are as good as cash. The reason is they can be used for the purchase of
goods and services and also in payment of debts. When a bank grants a loan to its
customer, it does not pay cash. It simply credits the account of the borrower. He can
withdraw the amount whenever he wants by a cheque. In this case, bank has created a
deposit without receiving cash. That is, banks are said to have created credit. Sayers
says banks are not merely purveyors of money, but also in an important sense,
manufacturers of money.
30
SECONDARY FUNCTIONS
Secondary banking functions of the commercial banks include:
Agency Services
General Utility Services
AGENCY SERVICES:
Banks also perform certain agency functions for and on behalf of their customers. The
agency services are of immense value to the people at large. The various agency
services rendered by banks are as follows:
31
Acts as Trustee and Executor: Banks preserve the Wills of their customers
and execute them after their death.
32
CREDIT CREATION
33
34
1. Amount of Deposit
The most important factor which decides credit creation is the amount of deposits
made by the depositors. Higher is the amount of deposits; greater is the supply of
credit and vice versa.
2. Cash Reserve Ratio (CRR)
There exists an indirect relationship between Credit Creation and Cash Reserve Ratio
(CRR). Higher is the Cash Reserve Ratio (CRR) more will be the reserves to be
maintained and less credit will be created by banks. The CRR is fixed by the RBI in
India. It ranges between 3% to 15%.
3. Banking Habits of People
If the banking habits of the people are well-developed, then all their transactions
would be through banks, and this will lead to expansion of credit and vice-versa.
4. Supply of Securities
Loans are sanctioned on the basis of the securities provided to the banks. If securities
are available then the credit creation will be more and vice-versa.
35
36
INTRODUCTION
TYPES OF SERVICES:
37
PRIMARY SERVICES
SECONDARY SERVICES:
MODERN TECHNOLOGY:
Technology
Mobile Banking
Internet Banking
Electronic Banking
INTRODUCTION
38
39
Internet Banking
Through its website, a bank may offer its customers online access to account
information and payment and fund transfer facilities. The range of services offered
differs from bank to bank depending mainly on the type and size of the bank.
Internet banking is changing the banking industry and affecting banking
relationships in a major way.
40
Money manager
Fund transfer
Bills payment
Quick pay
Receive funds
Prepaid mobile recharge
Electronic Banking
Electronic banking services provided by commercial banks include:
Wire transfers.
Order checks.
Bill payments.
41
Liquidity:
In the context of the balance sheet of a bank the term liquidity has two interpretations.
First, it refers to the ability of the bank to honor the claims of the depositors. Second,
it connotes the ability of the bank to convert its non-cash assets into cash easily and
without loss.
It is a well-known fact that a bank deals in funds belonging to the public. Hence, the
bank should always be on its guard in handling these funds. The bank should always
have enough cash to meet the demands of the depositors. In fact, the success of a bank
depends to
a
considerable
extent
upon the degree of
confidence
it can instill in the
minds of
its depositors. If the
depositors
lose confidence in
the
integrity of their
bank, the
very existence of
the bank
will be at stake. So,
the bank
should always be
prepared to
meet the claims of
the
depositors
by
having enough cash. Among the various items on the assets side of the balance sheet,
cash on hand represents the most liquid asset. Next comes cash with other banks and
the central bank. The order of liquidity goes on descending.
Liquidity also means the ability of the bank to convert its non-cash assets into cash
easily and without loss. The bank cannot have all its assets in the form of cash
because each is an idle asset which does not fetch any return to the bank. So some of
the assets of the bank, money at call and short notice, bills discounted, etc. could be
made liquid easily and without loss.
Profitability:
A commercial bank by definition is a profit hunting institution. The bank has to earn
profit to earn income to pay salaries to the staff, interest to the depositors, dividend to
the shareholders and to meet the day-to-day expenditure. Since cash is the least
profitable asset to the bank, there is no point in keeping all the assets in the form of
cash on hand. The bank has got to earn income. Hence, some of the items on the
assets side are profit yielding assets. They include money at call and short notice, bills
discounted, investments, loans and advances, etc. Loans and advances, though the
least liquid asset, constitute the most profitable asset to the bank. Much of the income
42
Safety or Security:
Apart from liquidity and profitability, the bank should look to the principle of safety
of its funds also for its smooth working. While advancing loans, it is necessary that
the bank should consider the three Cs of credit character, capacity and the collateral
of the borrower. The bank cannot afford to invest its funds recklessly without
considering the principle of safety. The loans and investments made by the bank
should be adequately secured. For this purpose, the bank should always insist on
security of the borrower. Of late, somehow or other the banks have not been paying
adequate importance to safety, particularly in India.
Diversity:
The bank should invest its funds in such a way as to secure for itself an adequate and
permanent return. And while investing its funds, the bank should not keep all its eggs
in the same basket. Diversification of investment is necessary to avoid the dangerous
consequences of investing in one or two channels. If the bank invest its funds in
different types of securities or makes loans and advances to different objectives and
enterprises, it shall ensure for itself a regular flow of income.
Salability of Securities:
Further, the bank should invest its funds in such types of securities as can be easily
marketed at a time of emergency. The bank cannot afford to invest its funds in very
long term securities or those securities which are unsalable. It is necessary for the
bank to invest its funds in government or in first class securities or in debentures of
reputed firms. It should also advance loans against stocks which can be easily sold.
43
Types of Lending
A. Fund based (Current & Fixed Assets)
Overdrafts
Cash
Credits
Bills
Finance
Demand
or
Usance
Bills
Demand Loans
5.Term Loans
Other Loans - Car Loans, Consumer Durables, Educational Loans, Housing
Loans,
Professionals Personal Loans, Credit Cards and so on
B. Non-Fund based (Fee based)
Issue of Guarantees
Issue of Letters of Credit
Deferred Payments Guarantees
C. Others
Lease Finance
Hire Purchase Finance
44
R
OLE OF RESERVE BANK OF INDIA VIS-VIS COMMERCIAL BANKS
INTRODUCTION
45
INTRODUCTION
The Reserve Bank of India (RBI) is the central bank of the country. It was established
on April 1, 1935 under the Reserve Bank of India Act, 1934, which provides the
statutory basis for its functioning. When the RBI was established, it took over the
functions of currency issue from the Government of India and the power of credit
control from the then Imperial Bank of India.
As the central bank of the country, the RBI performs a wide range of functions;
particularly, it:
As regards the commercial banks, the RBI's role mainly relates to the last two points
stated above.
46
47
Commercial banks are considered not merely as dealers in money but also the leaders
in economic development. They are not only the store houses of the countrys wealth
but also the reservoirs of resources necessary for economic development. They play
an important role in the economic development of a country. A well-developed
banking system is essential for the economic development of a country. The
Industrial Revolution in Europe in the 19th century would not have been possible
without a sound system of commercial banking. In case of developing countries like
India, the commercial banks are considered to be the backbone of the economy.
48
Monetization of Economy:
An underdeveloped economy is characterized by the existence of a large nonmonetized sector. The existence of this non-monetized sector is a hindrance in the
economic development of the country. The banks, by opening branches in rural and
backward areas can promote the process of monetization (conversion of debt into
money) in the economy.
Innovations:
Innovations are an essential prerequisite for economic development.
These innovations are mostly financed by bank credit in the developed countries. But
in underdeveloped countries, entrepreneurs hesitate to invest in new ventures and
undertake innovations largely due to lack of funds. Facilities of bank loans enable the
entrepreneurs to step up their investment on innovational activities, adopt new
methods of production and increase productive capacity of the economy.
49
Development of Agriculture:
Underdeveloped economies are primarily agricultural economies. Majority of the
population in these economies live in rural areas. Therefore, economic development in
these economies requires the development of agriculture and small scale industries in
rural areas. So far banks in underdeveloped countries have been paying more attention
to trade and commerce and have almost neglected agriculture and industry. Banks
must provide loans to agriculture for development and modernization of agriculture.
In recent years, the State Bank of India and other commercial banks are granting short
term, medium-term and long-term loans to agriculture and small-scale industries.
Regional Development:
Banks can also play an important role in achieving balanced development in different
regions of the country. They transfer surplus capital from the developed regions to the
less developed regions, where it is scarce and most needed. This reallocation of funds
between regions will promote economic development in underdeveloped areas of the
country.
50
51
The
2007-2012
Commercial Banking in India.
Outlook
for
for
Non-
Author:Philip M. Parker
Publisher: ICON Group International, Inc. (September 25, 2006).
Description: Information taken from these books were related to the
introduction of commercial banks & its various types and services.
52
CHAPTER 4:ANNEXURE
ICICI BANK CASE STUDY
HISTORY:-
53
HCP
Lo
oae o
an
mr m
s
LAesm g
L oe r
ai
oan c i
ns
an a l
t
nsVl e
S
Ls c h u i
cor li et
L ia e o s
nan
ss
C ar L oans
H om e L o a n s
C om m e r c i a l V e h i c l e L oa n s P e r s o n a l L o a n s L oa n s A ga i n s t S e c u r i t i e s
54
Loans provided by ICICI Banks:ICICI Bank offers wide variety of Loans Products to suit your requirements. Coupled
with convenience of networked branches/ ATMs and facility of E-channels like
Internet and Mobile Banking, ICICI Bank brings banking at your doorstep. Select any
of our loan product and provide your details online and our representative will contact
you for getting loans.
Different types of loans provided by ICICI Bank:
Home Loans
The No. 1 Home Loans Provider in the country, ICICI Bank Home Loans offers some
unbeatable benefits to its customers - Doorstep Service, Simplified Documentation
and Guidance throughout the Process. It's really easy!
Personal Loans
If you're looking for a personal loan that's easy to get, your search ends here. ICICI
Bank Personal Loans are easy to get and absolutely hassle free. With minimum
documentation you can now secure a loan for an amount up to Rs. 15 lakhs.
Car Loans
The most preferred financier for car loans in the country. Network of more than 1000
channel partners in over 200 locations. Tie-ups with all leading automobile
manufacturers to ensure the best deals. Flexible schemes & quick processing. Hassle
free application process on the click of a mouse.
Commercial Vehicle Loans
We have extended products like funding of new vehicles, finance on used vehicles,
top up on existing loans, working capital loans & other banking products.
Loans against Securities
55
MUMBAI: Private sector banks like ICICI Bank and HDFC Bank on Wednesday
reduced interest rates on fixed deposits by at least 50 basis point. The reduction in
deposit rates comes at a time when the economy is slowing down and credit pick up is
slack. One basis point is equal to one hundredth of a percentage. Last week, State
56
57
58
59
60
When you are in India, to make a payment in foreign exchange for purchase of
books and other items through Internet.
Q.10 I am having a Saving Bank / Current account with ICICI. I want to register
for Online ICICI now. What do I do?
ANS:-By visiting the branch we can request for internet banking password. After 8
days we can access our account online. It passes through 3 channels:
Branch
Phone-banking
Internet banking
What is the present CRR & SLR in ICICI BANK?
ANS:-CRR-4.5% & SLR-23%.
61
CHAPTER 5: CONCLUSION
My study concludes that commercial banks form the most important part of
financial intermediaries. It accepts deposits from the general public and extends
loans to the households, firms and the government. Banks form a significant part
of the infrastructure essential for breaking vicious circle of poverty and promoting
economic growth.
A commercial bank is a bank that operates with a profit earning goal i.e. a
business bank while a non-commercial bank is a financial institution that operates
with the aim of alleviatingbanking on the development of bank-customer
relationship in the value creation process.
Banks are financial institutions that can make or break economy. Unsupervised
and uncontrolled behavior from banks can spell doom to the economy and for the
customers as well. Banks are the regular banks that provide basic banking
facilities to its customers.
I also conclude that I had done my field study on ICICI Bank as a commercial
bank in India & collected many information related to its services, relations with
customers and many more aspects.
ICICI Bank provides a great customer service. They treat well to their
customers,
be it a new or the older ones. They provide all types of facilities
under one roof. My family being a member of ICICI Bank is very much satisfied
by the care they provide. I have visited ICICI Bank as my one of the
62
63
PRIMARY DATA:
SECONDARY DATA:
Various websites.
www.commercialbank.com
www.indian bank.com
www.rbi.com
CHAPTER 7: BIBLIOGRAPHY
64
&REFERENCES
65
WEBLIOGRAPHY:
www.Scribd.Com
www.Slideshare.Net
www.indian.bank.com
www.commercialbank.com
www.rbi .com
BOOKS& REFERENCES:
66