Preview

Strategy Formulation & Implementation

Good Essays
Open Document
Open Document
2965 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategy Formulation & Implementation
1. Personal Banking a. A/C and Deposits i. Savings account: - Star Savings accounts are accounts maintained by retail financial institutions that pay interest but cannot be used directly as money (for example, by writing a cheque). These accounts let customers set aside a portion of their liquid assets while earning a monetary return.
BCG Matrix: STAR ii. Salary account : - Star ICICI Bank Salary Account is a benefit-rich payroll account for Employers and Employees. As an organization, you can opt for our Salary Accounts to enable easy disbursements of salaries and enjoy numerous other benefits too.
BCG Matrix: STAR

iii. Fixed Deposits: - Question Mark Fixed deposits are loan arrangements where a specific amount of funds is placed on deposit under the name of the account holder. The money placed on deposit earns a fixed rate of interest, according to the terms and conditions that govern the account. iv. Recurring Deposits: - Dog ICICI Bank Recurring Deposits are an ideal way to invest small amounts of money every month and end up with a large kitty on maturity. High recurring billing and recurring payments can be a drain on one’s finances and hence large investments may seem a plan away b. Loans v. Home: - Star We, at ICICI Bank Home Loans, offer unbeatable benefits to ensure that you get the best deal without any hassles. As one of the leading home loan provider, ICICI Bank understands how special building a new home is for you and our Home Loan help you laid the foundation for one’s dream home.
BCG Matrix: STAR

vi. Personal: - Star ICICI Bank gives personal loans for child’s higher education or marriage related expenses. An ICICI Bank Personal Loan is a person’s one-stop-shop for fulfilling all your financial aspirations.
BCG Matrix: STAR

Cars: - Star ICICI Bank also provides loans for purchasing a car. They offer loans up to 90% of the ex-showroom price of the car. The

You May Also Find These Documents Helpful

  • Satisfactory Essays

    power word of macbeth

    • 1013 Words
    • 4 Pages

    A savings certificate entitling the bearer to receive the interest. It bears a maturity date, a specified fixed interest rate and can be issued in any denomination.…

    • 1013 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Saving/ investing – this is where money is deposited in an account and is available for later withdrawal. Normally interest is paid…

    • 1226 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Investment and Money

    • 877 Words
    • 4 Pages

    Is an account where a saving note is issued by a bank to a depositor who places funds in savings for a set period.…

    • 877 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Investment and Money

    • 290 Words
    • 2 Pages

    A deposit account offered by a bank invests in government and corporate securities and pays the depositor interest based on current interest rates in the money markets.…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    A note made by a bank acknowledging a deposit of funds made payable to the holder or the note.…

    • 340 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Depository Institution

    • 2314 Words
    • 10 Pages

    Loans are commitments of fixed amounts of money for agreed-upon periods of time. Example of loan is outstanding balances on credit card accounts.…

    • 2314 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Depository institutions – Financial institutions that accepts deposits from savers and lend funds from those deposits out at interest…

    • 850 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Money and Capital Markes

    • 781 Words
    • 2 Pages

    Term Deposits are funds lodged in an account for a predetermined period and at a specified fixed interest rate. A Certificate of Deposit (CD) is a short-term discount security issued by a bank; face value repayable at maturity.…

    • 781 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Dabhol Power Project

    • 2342 Words
    • 10 Pages

    |Domestic lenders (the largest being IDBI, ICICI, SBI, Canara Bank and IFCI) |Rs. 62 billion |…

    • 2342 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    This project reflects my knowledge and understanding of the interest rate, its types, formula and its evaluation in order to determine the most profitable type of investment scheme for National Bank wishing to increase its savings in developing country. My project will also illustrate the elements of money management in business, basically finding the deposit amount for investment to attain a given future value. Finally project will reflect the timing in money management, thus showing what time period needs to be in order to attain certain return on investments.…

    • 908 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    The characteristics of this account are almost similar to current account of conventional banks . The owner of the fund does not enjoy any profit nor bear any loss. But the bank obtains the permission from the depositors so that the bank has the option to use the fund when it is necessary.…

    • 934 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    MERGER OF ICICI BANK WITH ICICI LTD. ICICI was formed in 1955 at the initiative of the World Bank, the Government of India and representatives of Indian Industry. The principal objective was to create a development financial institution for providing medium–term project financing to Indian businesses. In the 1990s, ICICI transformed its business from a development financial institution offering only project finance to diversified financial services group offering a wide variety of products and services, both directly and though a number of subsidiaries and affiliates like ICICI Bank. In 1999, ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the NYSE. It is India’s second-largest bank with total assets of about Rs. 146,214 crore at December 31, 2004 and profit after tax of Rs. 1,391 crore in the nine months ended December 31, 2004 (Rs.1,637 crore in fiscal 2004). ICICI Bank 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 and affiliates in the areas of investment banking, life and non-life insurance, venture capital and assets management. ICICI Bank set up its international banking group in fiscal 2002 to cater to the cross border needs of clients and leverage on its domestic banking strengths to offer products internationally, ICICI Bank currently has subsidiaries in the United kingdom and Canada, branches in Singapore and Bahrain and representative offices in the United States, China, United Arab Emirates, Bangladesh and South Africa. ICICI Bank’s equity shares are listed in India on the Stock Exchange, Mumbai and the National Stock Exchange of India Limited and its American Depository Receipts (ADRs) are listed on the New York Stock Exchange (NYSE). ICICI Bank was originally promoted in 1994 by ICICI Limited an Indian financial institution and was its wholly–owned…

    • 3010 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Kotak

    • 715 Words
    • 3 Pages

    Kotak Mahindra Bank is an Indian financial service firm established in 1985. It was previously known as Kotak Mahindra Finance Limited, a non-banking financial company. In February 2003, Kotak Mahindra Finance Ltd, the group's flagship company was given the license to carry on banking business by the Reserve Bank of India (RBI). Kotak Mahindra Finance Ltd. is the first company in the Indian banking history to convert to a bank.…

    • 715 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Time Value

    • 11020 Words
    • 45 Pages

    7. Recurring deposit in a bank is a typical example of: (a) (b) (c) (d) (e) Deferred annuity Annuity due Regular annuity Compound annuity None of the above…

    • 11020 Words
    • 45 Pages
    Good Essays
  • Good Essays

    Bsp Money Supply Policy

    • 343 Words
    • 2 Pages

    When banks receive deposits, they do not keep all of these deposits on hand because they know that depositors will not demand all of these deposits at once. Instead, banks keep only a fraction of the deposits that they receive. The deposits that banks keep on hand are known as the banks' reserves. When depositors withdraw deposits, they are paid out of the banks' reserves. The reserve requirement is the fraction of deposits set aside for withdrawal purposes. The reserve requirement is determined by the nation's banking authority, a government agency known as the central bank. Deposits that banks are not required to set aside as reserves can be lent to borrowers, in the form of loans. Banks earn profits by borrowing funds from depositors at zero or low rates of interest and using these funds…

    • 343 Words
    • 2 Pages
    Good Essays

Related Topics