24-08-2012, 10:25 AM
OVERVIEW OF BANKING SYSTEM IN INDIA
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Overview of banking system in India:
The banking system is an integral sub-system of the financial system. It represents an important channel of collecting small saving from the household and leading it to the corporate sector.
The Indian Banking system has the Reserve Bank of Indian (RBI) as the apex body for all matters relating to the banking system. It is the "central bank” of India. It is the banker to all other banks.
Non scheduled banks:
These are banks which are not included in the second schedule of the banking Regulation Act, 1965. It means they do not satisfy the conditions lay down by that schedule. They are further classified as follows:
Central Co-operative Banks and Primary Credit Societies.Commercial Banks.
Scheduled banks:
Scheduled Banks and banks which are included in the second schedule of the Banking Regulation Act, 1965. According to this schedule a scheduled bank:
Must have paid - up capital and reserve of not less than Rs. 500,000;
Must also satisfy the RBI that its affairs are not conducted in a manner detrimental to the interest of its depositors.
INTRODUCTION OF ICICI BANK
ICICI Bank is the largest private sector bank in India in terms of market capitalization. It is also the second largest bank in India in terms of assets with a total asset of Rs. 3,674.19 billion (US$ 77 billion) as on June 30,2009, the total profit after tax has been Rs. 8.78 billion. Formerly known as Industrial Credit and Investment Corporation of India, ICICI Bank has an extensive network of 1,544 branches with about 4,816 ATMS located across India and in 18 other countries. ICICI Bank serves about 24 Million customers throughout the world. It is considered as one of the Big Four Banks in India along with State Bank of India, HDFC Bank and Axis Bank. ICICI Bank provides a wide range of banking products and financial services to its retail and corporate customers. It has a wide variety of delivery channels and specialized affiliates and subsidiaries that ensure the flow of its offerings in the areas like investment banking, venture capital, life and non-life insurance and asset management. This bank is also Indies largest credit card issuer. The equity share of ICICI Bank is listed on various stock exchanges like NSE, BSE, Calcutta Stock Exchange and Vadodara Stock Exchange etc. Its ADRs are also listed on the New York Stock Exchange. ICICI Bank also has the largest international balance sheet among all the banks in India. It is also expanding its business in the overseas market at an enviable pace. In Q2 September 2008, ICICI Bank recorded a 1.15% growth in net profit over Q2 September 2007 to reach at Rs 1,014.21crores. The current and savings account (CASA) ratio of bank also went up from 25% in2007 to 30% in 2008
INTRODUCTION OF SBI BANK
The Bank is actively involved since 1973 in non-profit activity called Community Services Banking. All our branches and administrative offices throughout the country sponsor and participate in large number of welfare activities and social causes. Our business is more than banking because we touch the lives of people anywhere in many ways.
Our commitment to nation-building is complete & comprehensive.
OVERVIEW
STATE BANK OF INDIA
Working Results for the First Half of FY 2002-03 :
The working results for the half-year ended 30th September 2002 and highlights of the Bank's performance in selected areas during the period are as under:
State Bank of India has ended the first half (H1) of the financial year 2002-03 with improved performance under both credit delivery and non-interest income. This has helped the Bank to maintain its profitability trend despite fall in actual lending rates and pressure on interest margins in the banking industry. Effective management of NPAs leading to improvement in both gross and net NPA ratios and improvement in capital adequacy ratio are amongst other highlights of the H1 performance of the Bank. On technology front, the Bank was able to formalize all the arrangements for its new technology platform and work is well underway on connectivity aimed at linking its Branch operations and on new solutions for treasury business and risk management.