FA Final Payal

7/25/2019 FA Final Payal

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SHRI SIDH THAKURNATH COLLEGE OF ARTS &

COMMERCE,

ULHASNAGAR 421 004

2015-2016

NAME: paa! "#" $%a'a()

CLASS: M-COM *+ART I*SEM-1

ROLL NO: 156111

SU./ECT: F)(a()a! A(')(

+RO/ECT TO+IC: 3A(a!) a((a! 7p'

$a(8)( #pa( 9

SU.MITED TO: a('% 8a#a()

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CERTIFICATE

This is to certify that the project report titled Analysis of Annual

Report of Banking Company has een completed satisfactorily in

partial fulfillment of !"C#! $ART I course of the %ni&ersity of

!umai' for the academic year ()*+,()*- y $A.A/ !E01RA2

B1A0TA3I a student of 4"4"T College of Arts and Commerce'

%lhasnagar 5 6)) ))6"

---------------------------------

---------------------------------Signature of External Guide

Signature of Internal Guide

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ACKNOWLEDGEMENT

The most pleasant part of any project is to express Thankfulness and Give

Honor towards all those who contributed to the smooth flow of the project work

and this being the good opportunity; I dont want to miss it

!incere thanks to the institution of !!T "#$$%G% which endow me with

the valuable opportunity so interesting and critical topic is the subject of the

present report

I thank my project guide &Santosh Karmyani' !ir for his valuable inputs in

the (esearch and spending so much of their valuable time and efforts in helping

with my topic

I also wish to express gratitude to the respondents of the project without the

kind co)operation of whom this one would not have been possible

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Table of Contents

!r *o +articulars +age *o

, -.#/T I"I"I .-*0 1

2 "#*T%*T! #3 TH% -**/-$ (%+#(T 4

5 -*-$6!I! 7

8 3-"T#(! I*3$/%*"I*G "#9+-*6!

3I*-*"I-$ +%(3#(9-*"%

,2

: +(I9-(6 -!!%T! H%$ .6 TH% "#9+-*6 ,:

1 3/T/(% +(#!+%"T! #3 TH% "#9+-*6 ,

, 9essage from "hairman and 9anaging irector

"hairman ? 0C 0amath

9anaging irector F "%# ? "handa 0occhar

2 etails of .oard of irectors and .oard "ommittees

5 irectors (eport

8 -uditors "ertificate of "orporate Governance

-uditor ? ! ( .atliboi F "o@ $$+

: .usiness #verview

1 9anagement discussion and analysis

4 0ey 3inancial Indicators

7 3inancials Including -uditors (eport


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ANALYSIS OF !OFIT AND LOSS ACCO"NT

(s in ,== "rore

A!TIC"LA!S F#Y# $ %&'( F#Y# $ %&'% ) C*ANGE

Interest Income 8==4: 55:82 ,


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OBSER!"IO#

$rofit after tax in%rea&ed 'y 2()(* in +, 2.2-./ mainly due to 20)0* in%rea&e in

net intere&t in%ome and ..)/* in%rea&e in non-intere&t in%ome) On the other hand

non-intere&t expen&e& &a1 an in%rea&e of .)(*) !nd &in%e the $rofit after "axin%rea&ed 'y 2()(*3 the Return on !4erage E5uity and Return on !4erage !&&et&

in%rea&ed 'y .)(6* and )22* re&pe%ti4ely) !l&o the E$S of the &hareholder&

marked a remarka'le in%rea&e)

ANALYSIS OF ASSETS

(s in ,==

"rore

ASSETS AS AT ('ST

MA!C* %&'(

AS AT ('ST

MA!C* %&'%

) C*ANGE

"ash and .ank .alances 8,8,7 5122< ,85

Investments ,4,5


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OBSER!"IO#

- "otal a&&et& in%rea&ed 'y 0)(* primarily due to an in%rea&e in ad4an%e& and

in4e&tment&)- #et ad4an%e& in%rea&ed 'y .)* 1herea& In4e&tment& in%rea&ed 'y 7)*)

- !l&o Ca&h and Bank Balan%e& in%rea&ed remarka'ly 'y .)/*)

- "hi& &ho1& the good li5uidity po&ition of the Bank)

- !l&o there 1a& not mu%h in%rea&e in Go4ernment and other !ppro4ed

In4e&tment& &in%e Bank& ha4e to maintain a &pe%ifi%3 %urrently 2/* of their

net demand and time lia'ilitie& 'y 1ay of li5uid a&&et& like %a&h3 gold or

other appro4ed &e%uritie&)

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ANALYSIS OF LIA5ILITIES

(s in ,=="rore

LIA5ILITIES AS AT ('ST

MA!C* %&'(

AS AT ('ST

MA!C* %&'%

) C*ANGE

%Auity !hare "apital ,,:8 ,,:5 =,

(eserves 1:::2 :


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- Cu&tomer& term depo&it ha& in%rea&ed remarka'ly 'y .7)7* during the year

1hi%h i& 'enefi%ial to the Bank)

FACTO!S INFL"ENCING T*E E!FO!MANCE OF T*E

COMANY

In the financial year 2=,2),5@ I"I"I .ank followed a strategy of balancing growth@profitability and risk management Through this approach@ they achieved severalkey milestones@ thereby further strengthening their platform for profitable growthThe year witnessed several challenges in the operating and business environment

Khile Indias long)term economic fundamentals and growth potential are strong@the current challenges have had implications for business sentiment@ corporate

profitability and banking sector growth F asset Auality espite thesedevelopments@ the strategy of balancing growth@ profitability and risk managementhas enabled I"I"I .ank to make continued progress

In face of these challenges some of the key achievements of the .ank during the

fiscal year 2=,5 are as follows>

, It was the first full year where I"I"I .ank achieved full year net interestmargins of above 5=

2 The trends in asset Auality for the banking sector have not been encouraging

in financial year 2=,2)2=,5 The banking sector has seen significant

additions to non)performing assets *+- and restructured loans during the

year espite these systemic trends@ I"I"I .anks asset Auality continued to

remain stable

9arch 5,@ 2=,5 9arch 5,@ 2=,2

*+- ratio =18 =12

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5 The combined effect of improvement in profitability parameters and growth

in business volumes is reflected through the 2

9arch 5,@ 2=,5 9arch 5,@ 2=,2

(eturn on %Auity ,84 ,5

1 uring the year@ they continued to focus on enhancing their customer

proposition through a combination of physical F technological platforms

and innovative product offerings

4 In financial year 2=,2)2=,5@ 587 branches and ,@84: -T9s were added to

their network@ taking the branch and -T9 network to 5@,== and ,=@87,

respectively at 9arch 5,@ 2=,5

7 They also focused on increasing convenience for customers by expanding

their technology)based offerings@ including 28x4 electronic branches and tab

banking


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!IMA!Y ASSETS *ELD 5Y T*E COMANY

The following table set forth indicates the principal components ofassets>

Sr#

No

Name of Asset C6rrent Year re7io6s Year

, "ash and balances with (eserve .ank of

India

,


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ventures

vi #thers commercial paper@

mutual fund units@ pass through

certificates@security receipts@

certificate of deposits@ (uralInfrastructure evelopment

3und deposits and other related

investments

884@,24@5=1 /9.3(723//

#/T!I% I*I-

i Government securities 1@:48@482 3/003690

ii !ubsidiaries andLor joint

ventures abroad includes eAuity

and preference shares

12@84:@8


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ix #thers ,42@817@,4: 258@


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relation to sale of non)performing loans compared to (s ,752 billion at9arch 5,@ 2=,2

-t 9arch 5,@ 2=,5@ we had notional non)funded credit derivatives

outstanding of (s 5=4 billion compared to (s ,=2: billion at 9arch 5,@

2=,2 Ke had no funded credit derivatives outstanding at 9arch 5,@ 2=,5

Ad&ances

*et advances increased by ,88 from (s 2@:5427 billion at 9arch 5,@

2=,2 to (s 2@


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F"T"!E !OSECTS OF ICICI 5ANK

Cision

To be the leading provider of financial services in India and enhance ourpositioning among global banks through sustainable value creation

9ission

To create value for our stakeholders by>

.eing the financial services provider of first choice for our customers by

delivering high Auality@ world)class products and services

+laying a proactive role in the full realisation of Indias potential and

contributing positively in all markets where we operate

9aintaining high standards of governance and ethics; and balancing growth@

profitability and risk to deliver and sustain healthy returns on capital

ICICI CEO on 5an9s F6t6re lans

3oreseeing Indian economy back on a high)growth trajectory in the coming

months@ I"I"I .ank is looking at expanding its fund)generation profile and

revenue streams to capitalise on the forthcoming opportunities

O$ooking ahead@ we see favourable prospects for the Indian economy India has

weathered the global storm with a high degree of resilience and we expect the

Indian economy to return to a robust growth path ahead of other economies that are

experiencing recessionary conditions@O I"I"I .ank managing director and chief

executive officer "handa 0ochhar has said

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O-s we prepare ourselves for the next phase of growth@ we will work on further

diversifying our funding profile and revenue streams@O 0ochhar said in her

message to the countryDs largest private sector bankDs shareholders

!ince 2==4@ as the global and Indian economic environment has changed rapidly@the bank has focused on a conscious strategy of capital conservation@ risk

containment and efficiency improvement

OKe have healthy capital adeAuacy@ sound liAuidity and improved cost

efficiencies@O she added

The bankDs chairman 0 C 0amath also expressed confidence that Dthe Indian

economyDs robust fundamentals and domestic growth drivers will impart it the

resilience to emerge stronger from this periodD

OI believe the economic recovery@ some signs of which are already visible@ will

gather momentum in the coming months and in due course see India returning to a

high growth trajectory@O he noted in his message to shareholders

0amath@ who handed over the role of 9 and "%# to 0ochhar last month@ further

said@ OThe last year has been an exceptionally challenging year for the global

economy and financial sector

OIndia@ while fundamentally in a much stronger position@ has also experienced the

impact of these events as they were transmitted through trade and capital

channelsO

0ochhar said that against the backdrop of an imminent recovery in Indian

economy@ OThe I"I"I Group sees before it a wide opportunity spectrum> increasing

household incomes and consumption in both rural and urban India; significant

industrial and infrastructure investment potential; and the vast Indian spanning theglobe

OKe@ as a multi specialist financial services group@ are well positioned to capitalise

on these opportunities Ke will continue to participate in IndiaDs growth by meeting

the financial services needs of the Indian economyO

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The annual report also Auoted I"I"I .ankDs executive director !onjoy "hatterjee as

saying@ OIndian economy has strong fundamentals and will provide robust growth

opportunities for industryO

OThe Indian corporate sector has demonstrated its ability to withstand the globaleconomic challenges and we will extend full support to the industry as it reorients

strategies in this environment Ke will focus on deepening our client relationships

to enhance the diversity and resilience of our revenue streams@O "hatterjee said

0amath further said that I"I"I .ank was able to meet the challenge posed by the

developments in global economy Ddue to its strong capital position and the

fundamental strengths of its franchiseD

OKe have demonstrated our success over a long period of time In fiscal ,


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I"I"I 3oundation for Inclusive Growth I"I"I 3oundation was set up by theI"I"I Group in early 2==7 with a view to carry forward and build upon its legacyof promoting inclusive growth I"I"I 3oundation works primarily withgovernment authorities and specialised grass)root organisations to supportdevelopmental work in identified focus areasIn fiscal 2=,2@ I"I"I 3oundation moved its focus from being just a donor to

becoming a key stakeholder in design@ implementation and impact evaluation of itsprogrammes and projects uring fiscal 2=,5@ I"I"I 3oundation furtherstrengthened its efforts in identified areas ?

%lementary %ducation

!ustainable $ivelihoods

+rimary Health and

3inancial Inclusion

-ll of I"I"I 3oundations activities are focused around building capabilities anddeveloping innovative models that can be replicated and scaled up in the future

A7a F

1" E!7#7('a Ea')(

*)" S%! a( T7a%7 Ea')( R7# +a##7 *STER+,Ra;a'%a(:

ICICI Foundations fagship education programme !"#$% is &eingimp'emented through a si()*ear partnership +ith the ,o-ernment o.$a/asthan "he programme endea-ours to de'i-er a chi'd)centric'earning en-ironment in ,o-ernment e'ementar* schoo's +ith the aim o.insti''ing critica' thining and meaning.u' 'earning among students In itssecond *ear no+ !"#$% aims to &ring a&out a strategic shi.t in the!tates e'ementar* education s*stem and &ring it in 'ine +ith theationa' Curricu'um Frame+or CF 2005 the ationa' Curricu'umFrame+or .or "eacher #ducation CF"# 2009 and the $ight to#ducation $"# ct 2009

"he !"#$% programme has .our e* o&/ecti-es the progress o. +hich isas &e'o+

a Revision and renewal of curriculum, syllabus guidelines and development ofnew textbooks:uring sca' 2013 the curricu'a and s*''a&i .or C'asses I toIII ha-e &een re-ised and ne+ #ng'ish te(t&oos .or C'asses I II and IIIha-e &een de-e'oped %u&'ication o. 13 ne+ te(t&oos has a'so since &eenappro-ed taing the tota' num&er o. ne+ te(t&oos de-e'oped to 16

*$"Education and training of in-service teachers: t 'east 300000 in)ser-iceteachers in $a/asthan need proper training to pro.essiona''* de-e'op

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themse'-es in 'ine +ith CF 2005 CF"# 2009 and $"# 2009 "he training is&eing conducted on a :cascade mode' through a t+o)tier structure in-o'-ing250 ;e* $esource %ersons ;$%s and 2500


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5iblio2ra1hy

I"I"I .ank -nnual (eport 2=,2)2=,5

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