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BAnking Sector

The document discusses several major banks in India including Axis Bank, HDFC Bank, ICICI Bank, State Bank of India, Bank of India, IDFC First Bank, and Citibank. It provides brief histories and overviews of the services offered by each bank.

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0% found this document useful (0 votes)
49 views16 pages

BAnking Sector

The document discusses several major banks in India including Axis Bank, HDFC Bank, ICICI Bank, State Bank of India, Bank of India, IDFC First Bank, and Citibank. It provides brief histories and overviews of the services offered by each bank.

Uploaded by

vineetb553
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CAM ASSIGNMENT-8

BANKING SECTOR
PRESENTED BY -VINEET BANSAL
CLASS - MBA (I) FIRST YEAR
BANKING SECTOR

AXIS BANK
BANKING SECTOR

HDFC BANK
BANKING SECTOR

ICICI BANK
BANKING SECTOR

STATE BANK OF INDIA


BANKING SECTOR

BANK OF INDIA
BANKING SECTOR

IDFC FIRST BANK


BANKING SECTOR

CITI BANK
Axis Bank was founded in 1993 and began operations in
1994. It is India's third largest private sector bank, with
over 4,050 domestic branches, 11,801 ATMs, and 4,917
cash recyclers. Axis Bank also has nine international
offices, including branches in Singapore, Hong Kong,
Dubai, Colombo, and Shanghai. Axis Bank offers a
wide range of financial services, including:
Retail banking, Corporate banking, Investment banking,
Mortgage loans, Private banking, Wealth management,
Asset management, Investment management, Mutual
funds, Exchange-traded funds, Index funds, Credit cards,
and Agricultural and rural banking products.
HDFC Bank, or Housing Development Finance Corporation
Limited, was founded in 1977 by HT Parekh to help middle-
class Indians buy homes. HDFC Ltd was one of the first
financial institutions in India to receive approval to set up a
private sector bank. In 1994, HDFC Bank was incorporated
and began operations in January 1995.
HDFC Bank is the second-largest private bank in India, with
5,779 branches and 17,238 ATMs in various cities. It also has
branches in Bahrain, Hong Kong, UAE, and Kenya. HDFC
Bank offers services like cash management, corporate finance
advisory, customized banking solutions, project and
structured finance, trade financing, foreign exchange,
internet banking, and payment and settlement services.
ICICI Bank was established in 1994 by the Industrial
Credit and Investment Corporation of India (ICICI), a
government institution established in 1955. The World
Bank, the Government of India, and industry
representatives were the driving forces behind the
creation of ICICI.
The bank's primary goal was to provide medium-term
and long-term project financing to Indian businesses.
ICICI Bank is India's largest private sector bank, with
more than 5,000 branches and 15,000 ATMs in
India. It also has subsidiaries in Canada and the
United Kingdom. The bank offers a wide range of
banking products and financial services to corporate
and retail customers,
The State Bank of India (SBI) is the oldest commercial
bank in the Indian subcontinent, with a heritage of
more than 200 years. In 1955, the Indian government
nationalized SBI by taking control of the Imperial
Bank of India and giving the Reserve Bank of India a
60% stake. SBI is a Fortune 500 company and the
largest bank in India, with over 22,405 branches and
a market share of 1/4th. It has offices in dozens of
countries around the worldSBI's mission is to provide
simple, responsive, and innovative financial
solutions. Its values include service, transparency,
ethics, politeness, and sustainability. It offers a wide
range of products and services to its customers,
including commercial enterprises, large corporate,
and public
Bank of India (BOI) is an
Indian public sector bank headquartered in
Bandra Kurla Complex, Mumbai. Founded in 1906,
it has been government-owned since nationalization
in 1969. BOI is a founding member of SWIFT
(Society for Worldwide Inter Bank Financial
Telecommunications), which facilitates provision of
cost-effective financial processing and
communication services.
As on 31 March 2021, Bank of India's total business
stands at ₹1,037,549 crore (US$130 billion),[2] has
5,108 branches and 5,551 ATMs around the world
(including 24 overseas branches).[2]
IDFC FIRST Bank is a private sector bank in India that
was founded on December 18, 2018, after the merger of
Capital First and Erstwhile IDFC Bank. It is the first
universal bank in India to offer monthly interest credit
on savings accounts, and lifetime free credit cards with
low annual percentage rates.
n 1990, Citibank established a representative office in Prague and
became one of the first foreign banks to operate there. Ten months
later, the nation’s central bank approved Citibank’s application to
open a full-service branch. On June 24, 1991, Citibank as Praha
opened its doors and began offering commercial banking services to
the newly emerging private sector. In 1999 Citi enlarged the portfolio
and gradually widened its product and service offering to medium-
sized enterprises.
Even though Citibank Europe plc signed in September 2015 an
agreement with Raiffeisen bank to sell its consumer banking business
in the Czech Republic, Citi remains committed to serving our
corporate and institutional as well as commercial clients in the Czech
Republic and will develop the scope of its products and services for
large corporations, financial institutions, public entities, medium
enterprises and subsidiaries of foreign multinational companies in the
Czech Republic

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