Project Report on Recruitment and Work Practices in ICICI Bank Limtied
Dissertation on Recruitment and Work Practices in ICICI Bank Limited
Case Studies in Recruitment and Work Practices in ICICI Bank Limited
ICICI Bank is diversified financial services company that provides a
range of banking and financial services to customers, including retail banking,
project and corporate finance, working capital finance, insurance, venture
capital and private equity, investment banking, broking, and treasury products
and services. The company operates in, India, the UK, Canada and Russia. It
operates in three segments: consumer and commercial banking, investment banking
and others.
The company recorded revenues of INR257.6 billion (approximately $5.8
billion) during the fiscal year ended March 2006, an increase of 52.2% over
2005. The net profit was INR24.2 billion (approximately $0.5 billion) in fiscal
year 2006, an increase of 30.7% over 2005.
The consumer and commercial banking segment provides medium-term and
long-term project and infrastructure financing, securitization, factoring,
lease financing, working capital finance and foreign exchange services.
Additionally it provides deposit and loan products to retail customers, private
banking, distribution of third party investment products and other fee-based
products and services, as well as issuance of unsecured redeemable bonds. This
division's products for middle market companies and small and medium
enterprises include loan products, fee and commission-based products and
services, deposits and foreign exchange, and derivatives products. This
division also offers agricultural and rural banking products.
The investment banking division provides treasury services including
corporate advisory services, primary dealership in government securities and
equity underwriting and brokerage. These services are provided by its
subsidiary, ICICI Securities. This division also provides venture capital
funding to start-up companies and private equity to a range of companies
through its venture capital and private equity fund management subsidiary ICICI
Venture Funds Management Company. Additionally, treasury services are provided
in Hong Kong, Sri Lanka, Bahrain, Singapore through the offshore banking unit
(a business unit) in Mumbai.
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