How Icici HFC Functions
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ICICI Bank is an Indian multinational bank founded in 1955 as a joint venture with the World Bank. It has over 3,500 branches across India and a presence in 19 other countries. The document discusses ICICI Bank and its housing finance corporation (HFC) subsidiary. ICICI HFC provides home loans, home improvement loans, and other financing products and services to individuals and businesses. It aims to be the banker of first choice by delivering high quality products and expanding its global reach while maintaining financial stability.
How Icici HFC Functions
- 1. Submitted to CASE STUDY OF ICICI BANK(HFC) Prof: Chokkalingam Faculty of Managerial Economics Submitted by Nagarjuna Reddy . B Srinivas . R 1ST Semester Post Graduation Diploma In Management
- 2. Banking Bank is a financial institution which receives deposits from the public and lends them for investment purpose i.e., deposits of money and advances of the Main function of banks. Mobilising public savings Channelizing public savings to investments Credit creation-demand creation Regulating money supply
- 3. History of banking Banking in India originated in the last decades of the 18th century. Later during the Mourya dynasty(321-185BC) an instrument called adesha was existed an order to pay money. The first bank were the General Bank of India, started in 1786. The oldest bank in existence in India is the State Bank of India which originated as the Bank of Calcutta in June 1806.
- 4. ABOUT ICICI BANK ICICI Bank is an Indian multinational bank and financial services company headquartered in Mumbai. It has founded in 1954 and parent company was formed as a joint venture of the world Bank in 1955. Its head quarters are at Mumbai, the key people of ICICI Bank is Chairman - K.V. Kamath CEO - Chanda D Kocchar From 1990’s its development has taken by step by step and emerged as a second largest bank in India by assets and 3rd largest by market capitalisation The bank has an network of 3,514 Branches and 11,063 ATM’s and it presences in 19 countries
- 5. ICICI Allied Services ICICI Venture ICICI Securites ICICI Lombard General Insurance company ICICI Prudential Life Insurance Company ICICI Housing finance corporation limited
- 6. WHAT IS HFC HFC Means HOUSING FINANCE CORPORATION. It gives home loans to individuals and business organizations to full fill their needs. It gives not only Home loans but also other loans products and services.
- 7. PRODUCTS Home Loans Home Improvement Loans Land loan Office premises loan EMI Under construction Balance Transfer Top – Up Loan On Security of Fixed Deposits NRI Loans
- 8. MISSION WE will leverage our people, technology, speed and financial capital to: Be the banker of first choice for the customers by delivering high quality, world class products and services. Expand our frontiers of our business globally. Play a pro active role in the full realization of India's potential Maintain a healthy financial profile and diversify our earnings across business and geographies. Maintain high standards of governance and ethics. Contribute positively to the various countries and markets we operate. Create value for our stakeholders.
- 9. QUESTIONNARIE When the ICICI Branch and HFC established in Tirupati. What are innovations according to HFC? What is your Marketing strategy? What is the Innovative products of the ICICI? What is your recent Achievement, in what way u have done that? On what basis you are providing loans to the customers ? How you achieved this position what are the scopes for the upcoming graduates
- 10. ICICI BANK BRANCH IN TIRUPATI K.PUNNA RAO SALES MANGER FOR 7 BRANCHES
- 11. Source: Wikipedia icicibank.com Sales Manager of ICICI