Bba Icici Project
-
Upload
ravi-joshi -
Category
Documents
-
view
281 -
download
5
Transcript of Bba Icici Project
-
8/10/2019 Bba Icici Project
1/40
ICICI cash management
S.A.C.M.S Page 1
-
8/10/2019 Bba Icici Project
2/40
ICICI cash management
S.A.C.M.S Page 2
INTRODUCTION OF CASH
MANAGEMENTCash management can be defined as all activities undertaken to
ensure maximum cash availability and maximum investment yield on a
government's idle cash. Cash management is concerned with the
efficient management of cash from the time revenue is earned to the
time an expenditure payment clears the bank. At the local government
level, cash-management activities can be categorized as follows:
Receipt and deposit of cash and negotiable payments
Custody of monies and securities of the government
Disbursement of funds upon proper authorization
Dealing with financial institutions
Investment of cash in money-market securities and related
instruments
Cash budgeting and forecasting Short-term borrowing
The cash-management function generally is concerned with short-
term investments. Some governments invest pension funds, debt-service
funds, and trust funds for multiyear periods that could be considered
long-term investing; these lie beyond the realm of cash management.
With a good cash management system, you as a retailer can increaserevenue, lower costs, improve customer service and enhance security.
The numbers show that cash is cheaper, faster and a more popular
payment method than the electronic alternatives.
-
8/10/2019 Bba Icici Project
3/40
ICICI cash management
S.A.C.M.S Page 3
-
8/10/2019 Bba Icici Project
4/40
ICICI cash management
S.A.C.M.S Page 4
COMPANY PROFILE
ICICI BankICICI Bankis an Indian multinational banking and financial
services company headquartered in Mumbai, Maharashtra. As of 2014
it is the second largest bank in India in terms of assets and market
capitalization. It offers a wide range of banking products and financial
services for corporate and retail customers through a variety of delivery
channels and specialized subsidiaries in the areas of
investment, life, non-life insurance, venture capital and asset
management. The Bank has a network of 3,820 branches and
11,162 ATMs in India, and has a presence in 19 countries.
ICICI Bank is one of the Big Four banks of India, along with State
Bank of India, Punjab National Bank and Bank of Baroda. The bank 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 UnitedArab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and
Indonesia
History
ICICI Bank was established by the Industrial Credit and
Investment Corporation of India (ICICI), an Indian financial institution,as a wholly owned subsidiary in 1994. The parent company was formed
in 1955 as a joint-venture of the World Bank, The bank was initially
known as the Industrial Credit and Investment Corporation of India
Bank, before it changed its name to the abbreviated ICICI Bank. ICICI
-
8/10/2019 Bba Icici Project
5/40
ICICI cash management
S.A.C.M.S Page 5
Bank launched internet banking operations in 1998. Followed by an
equity offering in the form ofAmerican Depositary Receipts on
theNYSE in 2000. ICICI Bank acquired the Bank of Madura Limited in an
all-stock deal in 2001 and sold additional stakes to institutional
investors during 2001-02.
In the 1990s, ICICI transformed its business from a development
financial institution offering only project finance to a diversified
financial services group, offering a wide variety of products and
services, both directly and through a number of subsidiaries and
affiliates like ICICI Bank. In 1999, ICICI become the first Indian company
and the first bank or financial institution from non-Japan Asia to be
listed on the NYSE.
In 2000, ICICI Bank became the first Indian bank
In October 2001, the Boards of Directors of ICICI and ICICI Bank
approved the merger of ICICI and two of its wholly owned retail finance
subsidiaries, ICICI Personal Financial Services Limited and ICICI Capital
Services Limited, with ICICI Bank.
The merger was approved by shareholders of ICICI and ICICI Bank
in January 2002, by the High Court of Gujarat at Ahmedabad in March2002.
In 2008, following the 2008 financial crisis, customers rushed to
ICICI ATMs and branches in some locations due to rumors of adverse
financial position of ICICI Bank.
BOARD OF DIRECTORS
Mr. K.V.Kamath - Chairman
Mr. Barry StoweMrs. Kalpana MorpariaMs. Shikha Sharma - Managing
Director
Mr. N.S.Kannan - Executive Director
Mr. Bhargav Dasgupta -Executive Director
http://en.wikipedia.org/wiki/American_Depositary_Receipthttp://en.wikipedia.org/wiki/NYSEhttp://en.wikipedia.org/wiki/NYSEhttp://en.wikipedia.org/wiki/American_Depositary_Receipt -
8/10/2019 Bba Icici Project
6/40
ICICI cash management
S.A.C.M.S Page 6
ICICI Bank Limited
Type Public company
Traded as BSE:532174
NSE:ICICIBANKNYSE:IBNBSE SENSEX Constituent
CNX Nifty ConstituentIndustry Banking,Financial services
Founded 1994
Headquarters Mumbai, Maharashtra,India
Area served Worldwide
Key people K. V. Kamath(Chairman)Ms.ChandaKochhar(MD & CEO)
Products Credit cards,Consumer
banking,corporatebanking,finance andinsurance,investmentbanking,mortgage loans,privatebanking,wealth management
Revenue US$ 13.52 billion (2012)
Operatingincome
US$ 2.12 billion (2012)[1]
Profit US$ 1.60 billion (2012)
Total assets US$98.99 billion (2012)
Total equity US$12.62 billion (2012)
http://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Types_of_business_entityhttp://en.wikipedia.org/wiki/Ticker_symbolhttp://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttp://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttp://www.bseindia.com/stock-share-price/x/y/532174/http://www.bseindia.com/stock-share-price/x/y/532174/http://www.bseindia.com/stock-share-price/x/y/532174/http://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=ICICIBANK§ion=7http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=ICICIBANK§ion=7http://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=ICICIBANK§ion=7http://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttps://www.nyse.com/quote/XNYS:IBNhttps://www.nyse.com/quote/XNYS:IBNhttps://www.nyse.com/quote/XNYS:IBNhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/BSE_SENSEXhttp://en.wikipedia.org/wiki/S%26P_CNX_Niftyhttp://en.wikipedia.org/wiki/S%26P_CNX_Niftyhttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/K._V._Kamathhttp://en.wikipedia.org/wiki/K._V._Kamathhttp://en.wikipedia.org/wiki/Chanda_Kochharhttp://en.wikipedia.org/wiki/Chanda_Kochharhttp://en.wikipedia.org/wiki/Chanda_Kochharhttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Commercial_bankhttp://en.wikipedia.org/wiki/Commercial_bankhttp://en.wikipedia.org/wiki/Commercial_bankhttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Wealth_managementhttp://en.wikipedia.org/wiki/Wealth_managementhttp://en.wikipedia.org/wiki/Wealth_managementhttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Earnings_before_interest_and_taxeshttp://en.wikipedia.org/wiki/Earnings_before_interest_and_taxeshttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Assethttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/File:ICICI_Bank_Logo.svghttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Equity_(finance)http://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Assethttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Net_incomehttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Earnings_before_interest_and_taxeshttp://en.wikipedia.org/wiki/Earnings_before_interest_and_taxeshttp://en.wikipedia.org/wiki/ICICI_Bank#cite_note-10K-1http://en.wikipedia.org/wiki/Wealth_managementhttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Private_bankinghttp://en.wikipedia.org/wiki/Mortgage_loanhttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Investment_bankinghttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/Commercial_bankhttp://en.wikipedia.org/wiki/Commercial_bankhttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Retail_bankinghttp://en.wikipedia.org/wiki/Chanda_Kochharhttp://en.wikipedia.org/wiki/K._V._Kamathhttp://en.wikipedia.org/wiki/Indiahttp://en.wikipedia.org/wiki/Mumbai,_Maharashtrahttp://en.wikipedia.org/wiki/Financial_serviceshttp://en.wikipedia.org/wiki/S%26P_CNX_Niftyhttp://en.wikipedia.org/wiki/BSE_SENSEXhttps://www.nyse.com/quote/XNYS:IBNhttp://en.wikipedia.org/wiki/New_York_Stock_Exchangehttp://www.nseindia.com/marketinfo/companyinfo/companysearch.jsp?cons=ICICIBANK§ion=7http://en.wikipedia.org/wiki/National_Stock_Exchange_of_Indiahttp://www.bseindia.com/stock-share-price/x/y/532174/http://en.wikipedia.org/wiki/Bombay_Stock_Exchangehttp://en.wikipedia.org/wiki/Ticker_symbolhttp://en.wikipedia.org/wiki/Types_of_business_entity -
8/10/2019 Bba Icici Project
7/40
ICICI cash management
S.A.C.M.S Page 7
-
8/10/2019 Bba Icici Project
8/40
ICICI cash management
S.A.C.M.S Page 8
AWARDS
2004 - Best Bank in India Award presented by Euro money Magazine
2007- ICICI Bank has been conferred the Euro money Award 2007 for
the Best Bank in the Asia-Pacific Region--CICI Bank wins the Excellence in Remittance Business award by The
Asian Banker
2009
- ICICI Bank bags the "Best bank in SME financing (Private Sector)" atthe Dun & Bradstreet Banking awards
2011
- ICICI Bank is the only Indian brand to figure in the Brands Top 100
Most Valuable Global Brands Report, second year in a row
2012
-Airtel, ICICI among 'top 100 global brands
2013
- ICICI Bank has been adjudged winner at the Express IT Innovation
Award under the Large Enterprise category
2014
-According to theBrand Trust Report 2014, ICICI Bank was ranked 28th
among India's most trusted brands, a research conducted by Trust
Research Advisory.
http://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/The_Brand_Trust_Report -
8/10/2019 Bba Icici Project
9/40
ICICI cash management
S.A.C.M.S Page 9
-
8/10/2019 Bba Icici Project
10/40
ICICI cash management
S.A.C.M.S Page 10
OBJECTIVES
ICICI Bank's Green initiative is to make healthy environment in the
organization i.e.; to create intrapersonal skills among the customer and
understanding between employees of the organization.
Broad objectives of the ICICI are:
1.To assist in the creation, expansion and modernization of private
concerns.
2.to encourage the participation of internal and external capital in
the private concerns
3.To encourage private ownership of industrial investment.
4.They are forced to rely on their own money in order to manage
their expenses.
5.Good cash management.
-
8/10/2019 Bba Icici Project
11/40
ICICI cash management
S.A.C.M.S Page 11
-
8/10/2019 Bba Icici Project
12/40
ICICI cash management
S.A.C.M.S Page 12
NEED FOR THE STUDY
To conduct their operation properly
This will help them to make sure that they are not spending beyond
their means
Long term implications for the firm
Efficient logistics support
Ensuring timely deposit of collection
Timely execution of disbursement request
-
8/10/2019 Bba Icici Project
13/40
ICICI cash management
S.A.C.M.S Page 13
-
8/10/2019 Bba Icici Project
14/40
-
8/10/2019 Bba Icici Project
15/40
ICICI cash management
S.A.C.M.S Page 15
includes printing, signing and dispatch of cheques. One important
feature of customer cheques is that they can be customized to suit your
exact requirement. Through this facility the turnaround times for
delivery as well as the costs involved are reduced.
b) Demand DraftDemand draft printing renders corporations to make bulk
disbursements through demand drafts. This facility includes printing
and despatch of demand drafts / pay orders. In order to meet the
requirements of corporations that want ICICI Bank to issue demand
drafts at locations where ICICI Bank does not have a branch, ICICI Bankhas tied up with various banks, also known as correspondent banks,
thus rendering corporations to make payments not only at ICICI Bank
locations but also at our correspondent bank locations.
c) Internet-Based Cheque Writing
Internet-based cheque writing solution of ICICI Bank provides printing
facility at your premises or at your branches, based on information
uploaded through Corporate Internet Banking.
d) Electronic Payments
Electronic modes of payment solutions offered by ICICI Bank include
Funds Transfer, Real Time Gross Settlement (RTGS) and National
Electronic Funds Transfer (NEFT). Further, ICICI Bank also offers the
facility to send e-mail advices to the beneficiaries for all electronic fund
transfers.
-
8/10/2019 Bba Icici Project
16/40
ICICI cash management
S.A.C.M.S Page 16
i. Funds Transfer
This facility can be used for payment by customers tobeneficiaries who are ICICI Bank account holders. This method of
funds transfer is the fastest and the most secure form of
remittance.
ii. Real Time Gross Settlement (RTGS)
RTGS offers functionality of online, real time, funds transfer facilityacross banks. This facility can be used for transfers involving an amount
greater than or equal to Rs. 2, 00,000. RTGS advantages include
Seamless movement of funds
Real time transfers and faster credit
Elimination of delays due to outstation funds transfer
E-mail alerts to beneficiaries
iii.
National Electronic Funds Transfer
(NEFT)
NEFT facilitates transfer of funds electronically from one account to
another, between NEFT participant bank branches in India. This product
offers functionality of online funds transfer facility across banks. It is
primarily for low value transactions and offers an efficient, secure,economic, reliable and expeditious solution for funds transfer.
-
8/10/2019 Bba Icici Project
17/40
ICICI cash management
S.A.C.M.S Page 17
e) Dividend Payments
This facility renders payments to shareholders/investors fordividend, interest, redemption proceeds, IPO refunds and any other
payouts. ICICI Bank is one of the leading players in this business
segment, serving many of the elite corporations in India.
You can choose among a wide array of payment modes that
include physical as well as electronic modes. The physical modes of
payment comprise of warrants and demand drafts, including
foreign demand drafts. The electronic modes of payment compriseof Funds transfers to ICICI Bank account holders, Real Time Gross
Settlement (RTGS), Electronic Clearing Service (ECS), National
Electronic Funds Transfer (NEFT) and Foreign Telegraphic Transfer
(FTT).
Online Validatio
Extensive network
MIS and reconciliation
Systems and checks to detect fraudulent encashment and
duplicate payments
Dedicated customer service desk
-
8/10/2019 Bba Icici Project
18/40
ICICI cash management
S.A.C.M.S Page 18
Benefits & Features of cash management
services
-
8/10/2019 Bba Icici Project
19/40
ICICI cash management
S.A.C.M.S Page 19
CASH MANAGEMENT
-
8/10/2019 Bba Icici Project
20/40
ICICI cash management
S.A.C.M.S Page 20
CASH MANAGEMENT
ICICI BANK
Local Cheque Collections
One of the largest network spanning over 488 locations.
Courier pick-up can be provided.
Process flow can be structured to suit the companys
requirements.
Upcountry Cheque Collections
Coverage of over 3919 locations with tie-ups with correspondent
banks
Capability to process cheques drawn on any location in India.
-
8/10/2019 Bba Icici Project
21/40
ICICI cash management
S.A.C.M.S Page 21
Assured credit given with funds pooled at any ICICI Bank
location. Instrument level tracking of instruments to ensure
faster realization
Cash Collections
Cash Collection from dealers and business associates on behalf
of companies.
Cash pick-up facility in 28 locations.
Customized MIS for cash collection
Payment Products
Anywhere Banking
Cheques issued payable at par at various ICICI Bank locations.
Single account to be operated at any ICICI Bank branch for this
facil ity.
Ideal for small value, large volume payments
-
8/10/2019 Bba Icici Project
22/40
ICICI cash management
S.A.C.M.S Page 22
Fund Transfers
Online transfer of funds between accounts maintained with any
branch of ICICI Bank
Issue of Bulk Demand Drafts/ Pay
orders
Capability to issue Bulk Demand Drafts/Pay Orders on various
ICICI Bank and correspondent bank locations
Capability to accept online requests from the customers
Capability to print beneficiary advice and dispatch
Remote printing facilSimple process with a low turnaround
time and delivery.
Cheque Writing
Cheques can be issued on behalf of companies
-
8/10/2019 Bba Icici Project
23/40
ICICI cash management
S.A.C.M.S Page 23
Capability of processing large volumes of cheques in a short
turnaround time
Capability of printing facsimile signatures
Capability to print beneficiary advice and dispatch
Ideal for bulk payments such as pension payments, gratuity
payments
At Par Payments
Services can be availed for the at par payment of dividend
warrants /interest warrants/ refund order/redemption
payments/brokerage payments
Simplified and streamlined procedures ensuring smooth processflow online validation of instruments before payment? Regular
reconciliation statements provided by the bank
Covering over 100 major locations through own network (90%of
the payments) Arrangement with correspondent banks thereby
covering over 200 locations through instruments
based payments
ECS credit facility at all available locations
-
8/10/2019 Bba Icici Project
24/40
ICICI cash management
S.A.C.M.S Page 24
Cash Management
Manage your cash flow and liquidity-Effectively and Efficiently
For any organization, cash is the lifeblood that keeps the business
going. Thatswhy, increasingly, Cash Management has been gaining
importance with organizations that view the services as a crucial part
of their corporate strategies
-
8/10/2019 Bba Icici Project
25/40
ICICI cash management
S.A.C.M.S Page 25
-
8/10/2019 Bba Icici Project
26/40
ICICI cash management
S.A.C.M.S Page 26
DATA ANALYSIS
CASH FLOW OF ICICI BANK
---------------------------- IN RS.CR.----------------------
MAR 14 MAR 13 MAR 12 MAR 11 MAR 10
12
MTHS
12 MTHS 12 MTHS 12 MTHS 12 MTHS
NET PROFIT BEFORE TAX
13968.17 11396.69 8803.42 6760.70 5345.25
NET CASH FROM
OPERATING ACTIVITIES
4668.60 11102.01 -
15238.00
-
6908.92
1869.20
NET CASH(USED IN)/FROM
INVESTING ACTIVITIES
-
12246.48
-9431.56 -
12280.17
-2108.82 6150.72
NET CASH(USED IN)/FROM
FINANCING ACTIVITIES
6838.37 2989.72 28751.76 3105.97 1382.60
NET(DECREASE)/INCREASE
IN CASH & CASH
EQUIVALENT
112.08 5188.21 2139.23 -5960.84 8907.31
OPENING CASH & CASH
EQUIVALENT
41417.52 36229.31 34090.08 40050.92 29966.50
CLOSING CASH & CASH
EQUIVALENT
41529.60 41417.52 36229.31 34090.08 38873.60
-
8/10/2019 Bba Icici Project
27/40
ICICI cash management
S.A.C.M.S Page 27
Cash flow
(Rs. crore)
Mar ' 14 Mar ' 13 Mar ' 12 Mar ' 11 Mar ' 10
Profit before tax 13,968.17 11,396.69 8,803.42 6,760.70 5,345.32
Net cash flow-
operating activity 4,668.60 11,102.01
-
15,238.00 -6,908.92 1,869.21
Net cash used in
investing activity
-
12,246.48 -9,431.56
-
12,280.17 -2,108.82 6,150.73
Net cash used in fin.
Activity 6,838.37 2,989.72 28,751.76 3,105.97 1,382.62
Net Inc./Dec. in cash
and equivalent 112.08 5,188.21 2,139.23 -5,960.84 8,907.13
Cash and equivalent
begin of year 41,417.52 36,229.31 34,090.08 40,050.92 29,966.56
Cash and equivalent
end of year 41,529.60 41,417.52 36,229.31 34,090.08 38,873.69
-
8/10/2019 Bba Icici Project
28/40
ICICI cash management
S.A.C.M.S Page 28
ICICI Bank's Financial Summary OF CASH MANAGEMENT
Parameter MAR'14
( Cr.)
MAR'13
( Cr.)
Change
%
Net Profit Before Taxes 13,968.17 11,396.69 22.56%
Adjustments for Expenses & Provisions 1,717.93 1,737.27 -1.11%
Adjustments for Liabilities & Assets -6,856.51 1,166.95-
687.56%
Cash Flow from operating activities 4,668.60 11,102.01 -57.95%
Cash Flow from investing activities -12,246.48
-9,431.56 -29.85%
Cash Flow from financing activities 6,838.37 2,989.72 128.73%
Effect of exchange fluctuation on translation
reserve851.59 528.03 61.28%
Net increase/(decrease) in cash and cash
equivalents-739.51 4,660.17
-
115.87%
Opening Cash & Cash Equivalents 41,417.52 36,229.31 14.32%
Cash & Cash Equivalent on Amalgamation /
Take over / Merger0.00 0.00 0.00%
Cash & Cash Equivalent of Subsidiaries
under liquidations0.00 0.00 0.00%
Translation adjustment on reserves / opcash balalces frgn subsidiaries 0.00 0.00 0.00%
Effect of Foreign Exchange Fluctuations 0.00 0.00 0.00%
Closing Cash & Cash Equivalent 41,529.60 41,417.52 0.27%
-
8/10/2019 Bba Icici Project
29/40
-
8/10/2019 Bba Icici Project
30/40
ICICI cash management
S.A.C.M.S Page 30
METHODOLOGY OF DATA
COLLECTIONTHERE ARE TWO METHODS OF DATA COLLECTION
PRIMARY DATA
The primary data needed for the project analysis has been collected
through unstructured interviews and discussions conducted with the
finance department.
SECONDARY DATA
Data is collected from internet
From books
From prospectus of bank
The secondary sources of data are annual reports, brochures,
newspapers and web sources
-
8/10/2019 Bba Icici Project
31/40
ICICI cash management
S.A.C.M.S Page 31
-
8/10/2019 Bba Icici Project
32/40
ICICI cash management
S.A.C.M.S Page 32
HYPOTHESIS ANALYSIS
A hypothesis is a tentative statement about the relationship
between two or more variables. A hypothesis is made in order to find
out correct explanation of the phenomena.
From the data analysis or the cash management process of icici
bank, some points are observed, collected & predicted:-
Because of proper payment, collection of cash profitability of
bank is satisfactory.
For specific requirement of customer icici bank should
maintain cash pic-up, cash delivery. If Bank should manage cash properly time to time then
operational risk minimized, reduction in cost, security,
increased efficiency.
Online services help in reduction of time.
-
8/10/2019 Bba Icici Project
33/40
ICICI cash management
S.A.C.M.S Page 33
-
8/10/2019 Bba Icici Project
34/40
ICICI cash management
S.A.C.M.S Page 34
LIMITATIONS OF THE STUDY
It is not possible to judge all parameters to evaluate the efficiency in a
dynamic area like cash management analysis, some of the limitations of
the study are given below:-
The period of the study is limited.
Financial matters are sensitive in nature, the same could not
acquire easily.
It may be due to restrictions imposed by management.
Data is collected for five projects which is limited.
-
8/10/2019 Bba Icici Project
35/40
ICICI cash management
S.A.C.M.S Page 35
-
8/10/2019 Bba Icici Project
36/40
ICICI cash management
S.A.C.M.S Page 36
RECOMMENDATION &
SUGGESTION
After analysis and interpretation of the cash management
activities of icici bank & on the basis of references and final opinion, I
would like to give the following suggestions:-
The bank should concentrate on best method of cash
management.
For the better service new offers would be required.
Icici must take feedbacks of customers regarding their
services.
Prepare a monthly cash flow projection for upcoming year.
Prepare an up to date and accurate balance sheet for
managing cash effectively.
Analyzed cash flow statement
-
8/10/2019 Bba Icici Project
37/40
ICICI cash management
S.A.C.M.S Page 37
-
8/10/2019 Bba Icici Project
38/40
ICICI cash management
S.A.C.M.S Page 38
Conclusion
From the above analysis of data it can be concluded that icic
manage cash flow effectively by using various method. the bank has a
wide customers base , so the bank should concentrate on this to retain
these customers .
Icici should focus on-
Launch innovative product
Better customer services
Employees & customer retention
All are the key factors of bank for success in future.
-
8/10/2019 Bba Icici Project
39/40
ICICI cash management
S.A.C.M.S Page 39
-
8/10/2019 Bba Icici Project
40/40
ICICI cash management
BIBLIOGRAPHY
BOOKSFINANCIAL MANAGEMENT BY DR.P.C. TULSIAN
FINANCIAL MANAGEMENT BY L.M. PANDAY
CASH MANAGEMENT DR.PRADIP KUMAR SINHA
WEB SITE VISITED
www.icicibank.com
www.wikipedia.com
www.google.com
www.finance.answers.com
http://www.icicibank.com/http://www.icicibank.com/http://www.wikipedia.com/http://www.wikipedia.com/http://www.google.com/http://www.google.com/http://www.finance.answers.com/http://www.finance.answers.com/http://www.finance.answers.com/http://www.google.com/http://www.wikipedia.com/http://www.icicibank.com/