Amity Global Business School: Submitted By: Ayushi Jain A1802010362 Aibs, Noida

AMITY GLOBAL BUSINESS SCHOOL
ANALYSIS ON BANKING INDUSTRY OF

SINGAPORE AND INDIA
COMPARING SBI AND ICICI BANK
SUBMITTED BY:
AYUSHI JAIN
A1802010362
AIBS, NOIDA
INTRODUCTION
Banking in Singapore is a service industry that has grown significantly in recent

years. Total banking assets under management in Singapore rose from about $92
billion in 1998 to about $350 billion in 2004.
Singapore has attracted assets formerly held in Swiss banks for several reasons,
including new taxes imposed on Swiss accounts and a weakening of Swiss bank
secrecy. Credit Suisse, the second largest Swiss bank, moved its head of
international private banking to Singapore in 2005.
Tax evasion is illegal in Singapore; however, according to an Organisation for

Economic Co-operation and Development official, Singaporean authorities tend to
cooperate with other countries' tax authorities only when evasion of Singaporean
taxes is involved.
The finance industry in Singapore is regulated by the Monetary Authority of

Singapore.
BANKING IN INDIA
Banking in India originated in the last decades of the 18th century. The first banks
were The General Bank of India, which started in 1786, and Bank of Hindustan,
which started in 1790; both are now defunct. The oldest bank in existence in India is
the State Bank of India, which originated in the Bank of Calcutta in June 1806,
which almost immediately became the Bank of Bengal. This was one of the three
presidency banks, the other two being the Bank of Bombay and the Bank of Madras,
all three of which were established under charters from the British East India
Company. For many years the Presidency banks acted as quasi-central banks, as did
their successors. The three banks merged in 1921 to form the Imperial Bank of
India, which, upon India's independence, became the State Bank of India.
PARAMETERS
State Bank of India
The State Bank of India, the country’s oldest Bank and a premier in terms of
balance sheet size, number of branches, market capitalization and profits is
today going through a momentous phase of Change and Transformation – the
two hundred year old Public sector behemoth is today stirring out of its Public
Sector legacy and moving with an agility to give technology and innovative new
banking models, to expand its Rural Banking base, looking at the vast untapped
potential in the hinterland and proposes to cover 100,000 villages in the next
two years.
ICICI Bank
ICICI Bank is India’s second-largest bank and the largest private bank in the
country, having more than US$50 billion in assets. The Bank has a network of
2,044 branches and about 5,546 ATMs in India and presence in 18 countries.
ICICI Bank provides a wide range of banking products and financial services —
investment banking, life and non-life insurance, venture capital and asset
management to corporate and 614 branches and global services provided
through 14 international offices. ICICI has incubated Financial Information
Network & Operations Pvt. Ltd. (FINO)
RATIONALE
This research study will help the banking industry, both the public and private
sector, for the improvement or change in the business model and financial
performance specially the State Bank of India and ICICI Bank.
The study will also help the customer for the choice of bank for availing services.
OBJECTIVES
1 . To analyze the business model of State Bank of India.
2 . To analyze the business model of ICICI bank.
3 . To analyze the financial performance of State Bank of India and ICICI bank .
5 . To compare State Bank of India and ICICI bank on the basis of their business model
and financial performance
6.To analyze the financial services provided by both the countries.
RESEARCH METHODOLOGY
Research methodology is defined as a highly intellectual human activity used in the
investigation of nature and matter and deals specifically with the manner in which data is
collected, analyzed and collected.
One of the main tools available for research is the literature review, which involves s,
identification of independent and dependent variables, and going through the findings and
conclusions of similar case studies. Sources of literature review can be many such as- books,
journals, internet, archives, interviews, reports, records etc.
The study will be conducted with reference to the data related to State Bank of India and
ICICI bank. These banks have been studied with the belief that they hold the largest market
share of banking business in India, in their respective sectors.
SAMPLE DESIGN
This study covers a periods of five years from 2005-2010.
Tools for data collection

The study is purely based on secondary data. The data required for the study
will be collected from annual reports of respective banks, journals and reports
on trends, newspapers, magazines, progress of Banking of India, government
publications, books and website.
Tools for data analysis

lines will be used to know financial performance and business model of State
Bank of India and ICICI Bank Different scales will be used for data analysis.
Various financial ratios, bar charts and trend
EXPECTED OUTCOMES
After completion of the research project we will come to know
1. Analysis of business model of State Bank of India
2. Analysis of business model of ICICI Bank
3. Financial Performance of State Bank of India
4. Financial Performance of ICICI Bank
5 Comparison of State Bank of India and ICICI Bank on the basis of their
business model and financial performance. in india and Singapore.
6.Regulation procedures in both the countries.
REFERENCES
India “/Indian Journal of Finance- Archives: Volume 3 • Number 3 • March
2009
Dr.M.Selvakumar & P.G.Kathiravan(2009). “A Study of Profitability
Performance of Public
Sector Banks in India”/ Indian Journal of Finance-Archives:
Volume3•Number9•
WIKIPEDIA.ORG
Webliography
 http://www.icicibank.com/aboutus/about-us.html
 http://www.statebankofindia.com/user.htm
THANKS GIVING
I would like to take this opportunity to extend a note of gratitude to all thoE me and
supported me during the writing of my dissertation. My deepest thanks to my
respected Facutly------ for their undivided supguidance and time throughout the
course.I would also like to thank my fellow students who have also been kind and
supported me throughout the course of our semester abroad programme.Lastly I
would like to thank all those who have helped me directly or indirectly throughout
the two months of our stay in Singapore and made the experience a truly enriching
one.

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AMITY GLOBAL BUSINESS SCHOOL

ANALYSIS ON BANKING INDUSTRY OF

Banking in Singapore is a service industry that has grown significantly in recent

Tax evasion is illegal in Singapore; however, according to an Organisation for

The finance industry in Singapore is regulated by the Monetary Authority of

Tools for data collection

Tools for data analysis

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