icici and axis bank

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INTRODUCTION TO THE ORGANIZATIONS

INTRODUCTION TO ICICI BANK

ICICI Bank is India's Second-largest bank with total assets of Rs. 4,736.47 billion at

March 31, 2012 and profit after tax Rs. 64.65 billion for the year ended March 31, 2012.

The Bank has a network of 2,899 branches and 10,021 ATMs in India, and has a presence

in 19 countries, including India.

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 in the areas of investment banking, life and non-life insurance, venture capital

and asset 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 product internationally.

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. Our UK subsidiary has

established branches in Belgium and Germany.

ICICI Bank's equity shares are listed in India on Bombay Stock Exchange and the

National Stock Exchange of India Limited and its American Depositary Receipts (ADRs)

are listed on the New York Stock Exchange (NYSE).ICICI was formed in 1955 at the

initiative of the World Bank, The Government of India and representatives of Indian industry. The Principal objectivwe3 was to create a development financialinstitution for providing medium-term and long-term project financing to Indian

businesses. In the 1990s, ICICI transformed its business from a developmentfinancial institution offering only project finance to a diversified financial services

group offering a wide variety of products and services both directly and through anumber of subsidiaries and affiliates like ICICI Bank.

.





With a balance sheet size of Rs.2,85,628 crores as on 31st March 2012, Axis Bank

is ranked 9th amongst all Indian scheduled banks. Axis Bank has achievedconsistent growth and stable asset quality with a 5 year CAGR (2007-12) of 31%

in Total Assets, 30% in Total Deposits, 36% in Total Advances and 45% in NetProfit.

VISION OF AXIX BANK

To prefer financial solutions provider excelling in customer delivery throughinsight, empowered employees and smart use of technology. Customer Service and

product innovation turned to diverse needs of individual and corporate clientele.

Progressive globalization and achieving international standard, efficiency andeffective built on ethical practices are also in its mission.

OBJECTIVE OF STUDY Objectives are the end that states specifically how goal be

achieved. Every study must have an objective for which all the efforts have been done. Without

objective no research can be conducted and no result can be obtained. Objectives are the main

aspect of every study and it gives directions to go through the reserchproblems. The following

are may objectives on the subject:

To analyze the financial statements of ICICI Bank and Axis Bank to its true financial position

by the use Ratios.

To analyze the financial statement i.e. P & L account and balance sheet of both the banks .

RESEARCH METHODOLOGY

The procedure adopted for conducting the research requires a lot of attention as it has direct bea

of accuracy, reliability and adequacy of research obtained. It is due to this reason that research

methodology, which we used at the time of conducting the research, needs to be elaborated upon.

It may be understood as a Science of studying how research is done scientifically. So, the

research methodology not only talks of the research method but also consider the logics behind

the methods used in the context of research study. Research methodology is a way to

systematically study and solve the research problems. The success of any project is largely

depending on accurate data collection. The research work cannot be done accurately without

proper data available for analysis.

TYPE OF DATA COLLECTION:



The data is collected by the following methods:

a) Primary Data Collection

b) Secondary Data Collection:

1. PRIMARY DATA

The Primary Data is that data which is collected fresh first hand or first time and is original is

nature. This is to be collected through personal interview, questionnaire etc. to support the

Secondary Data.

2 .SECONDARY DATA

The Secondary data is available from record, journals, and annual reports of the company.

Researcher has to analyze the data and interprets the results. It has always been important for

the completion of any report. It provide reliable, suitable, adequate and specific knowledge.

TYPE OF DATA USED IN THE STUDY

The required data for the study is basically Secondary in nature and the data collected from:

* The Audited Reports of the Banks .

* Through internet which includes required financial data collected from the Official websites

of ICICI Bank and Axis Bank and some other websites on the internet for the purpose of

getting required financial data of the Banks and also to get the detailed knowledge about

ICICI and Axis Banks for convenience of study.

METHODS OF DATA Analysis

The data collected were edited, classified and tabulated for analysis. The analytical tools used in this

study are:

Comparative Statement

Trend percentage

Ratio analysis

Cash flow statement.



MEANING OF FINANCIAL ANYLYSIS

The terms financial analysis is known as analysis and interpretation of term refer to the process

of determining financial strength and weakness of the banks by establishing strategic

relationship between the items of the balance sheet, profit and loss account and other

operative data.

The first task of financial analysis is to select the information relevant to the decision under

consideration to the total information contained in the financial statement. The second step is

to arrange information in a way to highlight significant relationship. The final step is conclusion.

Financial statement is the process of selection, relation and evaluation.

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icici and axis bank