1. ICICI Bank is the one of the top banking shares was incorporated in 5 January, 1994.
2. Headquarter of ICICI Bank in MUMBAI and the Registered office in VADODRA, GUJRAT.
3. The objective of ICICI Bank was to development financial institutions for rendering medium term and long term financing project to Indian business.
4. At the time of Liberalization ICICI shifted its business to diversified financial services provider from a development financial institutions.
5. The ICICI became the first Indian financial institution to be listed on the (NYSE) New York Stock Exchange.
6. The board of directors of ICICI bank approved the merger of ICICI in 2001.
7. ICICI Bank is the 2nd largest commercial bank in India and 1st largest private sector bank.
For the growth of company, company must have a strong management and The ICICI has strong management team and that team was showing impressive performance from many years which makes the company trust worthy and increase the reputation of the company in the market.
The ICICI Bank going digital and provide their services digitally to the public and the customers, which leads to increase the interest of the customer and every customer take advantage of online banking and its lead to build trust in market.
The ICICI bank has very well financial position nowadays and they shows very unbelievable Performance in their revenue and profit shows the stability pf the company for the long term and the most important think for the company is their better financial statement, every investor initially saw the financial statement of the company before invest.
1. The bank was founded on 3 December 1993 as UTI(unit trust of India) bank.
2. headquarter of Axis bank is in Mumbai.
3. The first Branch of Axis Bank was setup in Ahmedabad on 2nd April 1994.
4. UTI Bank was listed on the London stock exchange in 2006.
5. First IPO was launched in 1998, Axis bank was listed on BSE(Bombay Stock Exchange) and NSE(National Stock Exchange).
6. First Foreign branch of Axis Bank in Singapore in 2007.
7. UTI(unit trust of India) renamed as Axis bank of India on 30 July 2007 .
Axis bank shows the regular growth from last 10-20 years and Axis bank has potential to increase their market share and market presence and make positive image in market, which leads to increase in revenue and profit of company, which is very beneficial for long term investors.
Axis bank has many types of banking and financial services, which helps Axis bank to reduce the risk which is rises due to economic fluctuation. bank always survive in worst conditions of the market which makes company trust worthy.
All the government polices are in the favor of Axis bank, so that Axis bank is in the very stable condition in the market which provide very helpful environment to the banking sector, which leads to sustainable growth to the every bank including Axis bank.
1. The SBI(state bank of India) was incorporated on 2nd June 1806.
2. Headquarter of SBI(state bank of India) located in MUMBAI.
3. FOUNDED- 1 July 1955 (69 years ago).
4. chairman of SBI(state bank of India)- DINESH KUMAR KHARA.
Major stake of SBI(state bank of India) is owned by Indian Government which provides the high level stability to the SBI. Government ownership implies to the better success and financial condition of bank which leads to the build trust in market.
SBI make much profit and paying very impressive dividend to shareholders from last 10-15 years which attract to the new users and SBI shows very impressive performance consistently which leads to increase the trust of customer and positive effect to the reputation of the bank.
SBI has been highly invest on digital transformation , it includes- online banking platforms, online transactions , online services and mobile apps which increase the customer experience and decrease the operational cost and expand the reach to many customers.
As the government of Indian focus on Development of infrastructure nowadays and Government needs funds on large scale for that big project which leads to increase the demand for banking services and that is biggest opportunity for SBI(state bank of India).
If you are willing to know about share market some more information then click here
