Therefore, Banking in India has been through a long journey. Banking industry in India has also achieved a new height with the changing times.
The bank has its headquarters based in Mumbai, India. It is known to be the largest private sector bank in India. The bank is popular for providing a range of financial and banking services and products including retail and corporate banking, venture capital, private equity, insurance, and corporate finance.
Funds are mobilized more proficiently in a stable political environment. However, if the political environment is unstable, it might lead to create credit risks for the bank. It influences the investment of a country because of future doubts. Hence, it can be seen how the political environment can affect the banking sector Swot icici many ways.
It has a well-diversified economy. Banks have been very significant in financing private sector due to the limitations of fund raising options. The banking sector in India is at high credit risk. It owes to the less developed legal framework which leads to lower recovery and late payments.
The regulations of banking in India are similar to the standards of other countries. Regardless of this, the rural areas are deprived of the basic facilities of banking. The rural areas have been untouched by banking. Small businessman and farmers have to take loans from the local sellers.
Many people are looking forward to electronic systems of transferring funds with personal experiences. In this era of technology and information, the youth is always updated and can evaluate the results informatively. They are able to take their decisions themselves and manage their finances as well.
Banking now focuses on customer centric approach, Internet banking, ATMs, universal banking, core banking, and many more. This has increased efficiency and productivity.
Moreover, the payments made through cherubs have also decreased. Today the virtual banking concept has reduced costs and provides better customer service. This allows the banks to sell the underlying assets without the involvement of court. Furthermore, many banks have created means for the process of recovery and checked their wrong doings.
The Tsunami in affected the growth of industry as it had a great impact in the south-western India.
It is necessary to study this analysis to get a brief overview of the company.The Marketing Strategy of Ford Motor - Free download as Word Doc .doc), PDF File .pdf), Text File .txt) or read online for free.
ICICI Bank - A SWOT Analysis 1. PGDIE 40 NITIE, Mumbai Industrial Credit and Investment Corporation of India (ICICI) Bank A SWOT Analysis Strengths ICICI Bank has today emerged as the SECOND largest bank in India and is among the top banks in the world within a decade of its operation.
SWOT Analysis SWOT analysis is done for a company, to find out its overall Strengths, Weaknesses, Threats and opportunities leading to gauging the.
What is a SWOT Analysis?
It is a way of evaluating the strengths, weaknesses, opportunities, and threats that affect something. See WikiWealth's SWOT tutorial for help. Remember, vote up the most important comments. ICICI is the second largest bank in India according to market capitalization.
It is known to be the largest private sector bank in India. The bank is popular for providing a range of financial and banking services and products including retail and corporate banking, venture capital, private equity, insurance, and corporate finance.
SWOT Analysis SWOT analysis is done for a company, to find out its overall Strengths, Weaknesses, Threats and opportunities leading to gauging the competitive potential of .