Professional Documents
Culture Documents
Market Strategy of HDFC and Icici Bank
Market Strategy of HDFC and Icici Bank
On
“MARKET STRATEGY OF
HDFC BANK AND ICICI BANK”
SUBMITTED TO:
SUBMITTED BY:
Controller of Examination
Kaushal Bansal
Rohtak
2K8-MRCE-MBA-020
MANAV RACHNA COLLEGE OF ENGINEERING, FARIDABAD
(Approved by AICTE & Affiliated to Maharishi Dayanand University,
Rohtak)
CERTIFICATE
This is to certify that KAUSHAL, student of MBA (Finance & Marketing) final year
Roll No. MBA 020, has worked under my supervision and guidance on the Research
Project entitled- “Market Strategy of HDFC Bank and ICICI Bank”
The project is completed in the partial fulfillment of the requirement for award of MBA
Degree. The matter used in the project is original and authentic to the best of my
knowledge. I recommend that the project is fit for evaluation.
In an institute, a student learns about theoretical concepts. But in the present day scenario,
environment surrounding the business is complex, dynamic and the industries are so much
diversified and specialized that it requires the managers to be wholesomely nourished with
knowledge and skills in their respective fields of specialization. Exposure is the key in building
good future managers.
This research project is the result of my three-month hard work. Research project is an integral
part of the Master of Business Administration and it aims at providing the real life experience
of the industry to the students. The practical experience helps the student to view the real
business world closely, which in turn widely influences their conception and perception.
It provides the basic skill required to perform the survey and statistics tool needed to
analysis the data Research. It helps in the development of the practical skill and
analytical skill and analytical thinking process.
The research assigned i.e. “Market Strategy of HDFC bank and ICICI bank” The
questionnaire method has been applied to collect the data from respondents.
KAUSHAL BANSAL
ACKNOWLEDGEMENT
The process of this project writing was a wonderful learning experience on my academic life
which was filled with challenges and rewards. The completion of the present study leads a new
beginning and a step forward towards my future and when writing this preface, a quotation by
the Scottish Physicist James Clark Maxwell came to my mind. Maxwell once stated “What is
done by what is called me is, I feel, done by something greater than myself in me.” The
question is justifiable. Did I really do this? Did I really manage to get it all together?
This research provides a welcomed opportunity and chance to acknowledge the help and
assistance of the people who with their intellectual insights or constructive criticism, other times
in the form of friendship have helped me to develop this research.
I am highly indebted to Mrs._________ , for providing me the prompt assistance and valuable
support and allowing me to work on this project.
I am very thankful to her, that she has given me this pleasure to use his valuable comments,
feedbacks and suggestions.
Outside of academia, I would like to thank all my family and my friends for their fully support.
(KAUSHAL BANSAL)
INDEX
PARTICULARS PAGENO.
• Research design
• Sample Design
• Sample Techniques
7. Data Analysis and Interpretation 60-74
strategies, organizations, and audiences. For instance, literature reviews can focus on research
outcomes, research methods, theories, applications, or all these. Literature reviews can attempt to
integrate what others have done and said, to criticize previous scholarly works, to build bridges
between related topic areas, to identify the central issues in a field, or all these.
of action which can lead to increased sales and dominance of a targeted market niche. A
management and other elements; identifies the firm's marketing goals, and explains how they
Marketing strategy determines the choice of target market segments, positioning, marketing mix,
and allocation of resources. It is most effective when it is an integral component of overall firm
strategy, defining how the organization will successfully engage customers, prospects, and
competitors in the market arena. Corporate strategies, corporate missions, and corporate goals.
As the customer constitutes the source of a company's revenue, marketing strategy is closely
linked with sales. A key component of marketing strategy is often to keep marketing in line with
CONCEPTUALISATION
Banking is the backbone of a modern economy. Health of banking industry is one of the most
important pre-conditions for sustained economic progress of any country. The world of banking
has assumed a new dimension at the dawn of the 21st century with the advent of tech banking,
thereby lending the industry a stamp of universality. In general, banking may be classified as
retail and corporate banking. Retail banking, which is designed to meet the requirements of
individual customers and encourage their savings, includes payment of utility bills, consumer
loans, credit cards, checking account balances, ATMs, transferring funds between accounts and
the like. Corporate banking, on the other hand, caters to the needs of corporate customers like
The Indian banking scene has changed drastically with the private sector making inroads in an
area hitherto dominated by large public sector banks. Growing disinvestment is likely to impact
the banking industry as well. There is every possibility of privatization of public sector banks,
leading to greater operational autonomy.The development of the Indian banking sector has been
accompanied by the introduction of new norms such as Income Recognition and Capital
Adequacy, by the government. The latter implies that banks can lend on the basis of their
respective capital base. These norms have caused banks to construct equity on their own, before
going in for debt. Disintermediation is a real threat for banks. Of late, banks are adopting the
EVA (Economic Value Added) concept wherein revenues are viewed in the context of the risk
associated with them. The New World order has ensured "Survival of the Fittest".
New services are the order of the day, in order to stay ahead in the rat race. Banks are now
foraying into net banking, securities, consumer finance, housing finance, treasury market,
Public sector Banks Private sector Foreign Banks in Regional Rural Bank
Banks India
(IDBI) Banks
Associates
Here we more concerned about private sector banks and competition among them. Today, there
are 27 private sector banks in the banking sector: 19 old private sector banks and 8 new private
sector banks. These new banks have brought in state-of-the-art technology and Aggressively
marketed their products. The Public sector banks are Facing a stiff competition from the
The banks which have been setup in the 1990s under the guidelines of the Narasimham
• Greater efficiency
US$1 trillion by 2010. An expanding economy, middle class, and technological innovations are
The country’s middle class accounts for over 320 million people. In correlation with the growth
of the economy, rising income levels increased standard of living, and affordability of banking
expansion of retail and rural banking. Players are becoming increasingly customer -
centric in their approach, which has resulted in innovative methods of offering new banking
products and services. Banks are now realizing the importance of being a big player
and are beginning to focus their attention on mergers and acquisitions to take advantage
COMPANY PROFILE
WE UNDERSTAND YOUR WORLD
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to
receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in
the private sector, as part of the RBI's liberalization of the Indian Banking Industry in 1994.
The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its
HDFC is India's premier housing finance company and enjoys an impeccable track record
in India as well as in international markets. Since its inception in 1977, the Corporation has
maintained a consistent and healthy growth in its operations to remain the market leader in
mortgages. Its outstanding loan portfolio covers well over a million dwelling units. HDFC has
developed significant expertise in retail mortgage loans to different market segments and also
has a large corporate client base for its housing related credit facilities. With its experience
in the financial markets, a strong market reputation, large shareholder base and unique
consumer franchise, HDFC was ideally positioned to promote a bank in the Indian environment.
HDFC Bank began operations in 1995 with a simple mission: to be a “World Class Indian
Bank.” We realized that only a single minded focus on product quality and service excellence
would help us get there. Today, we are proud to say that we are well on our way towards that
goal.
HDFC BANK
ATMs in 327 cities as against 684 branches and 1,605 ATMs in 320 cities as of March
31, 2007. Against the regulatory approvals for new branches in hand, the Bank expects to
further expand the branch network by around 150 branches by June 30, 2008. During the
year, the Bank stepped up retail customer acquisition with deposit accounts increasing
from 6.2 million to 8.7 million and total cards issued (debit and credit cards) increasing
from 7 million to 9.2 million.Whilst credit growth in the banking system slowed down to
about 22% for the year ended 2007-08, the Bank’s net advances grew by 35.1% with retail
advances growing by 38.6% and wholesale advances growing by 30%, implying a higher
The transactional banking business also registered healthy growth With cash management
volumes increased by around 80% and trade services volumes by around 40% over the
previous year. Portfolio quality as of March 31, 2008 remained healthy with gross
nonperforming assets at 1.3% and net non-performing assets at 0.4% of total customer
assets. The Bank’s provisioning policies for specific loan loss provisions remained higher
rivals. And world also converted into the flat from the globe. After the policy of liberalization
and RBI initiatives to take the step for the private sector banks, more and more changes are
taking the part into it. And there are create competition between the private sector banks and
Private sector banks are today used the latest technology for the different transaction of day to
day banking life. As we know that Information Technology plays the vital role in the each
and every industries and gives the optimum return from the limited resources.
Banks are service industries and today IT gives the innovative Technology application to
Banking industries. HDFC BANK is the leader in the industries and today IT and HDFC BANK
together combined they reached the sky. New technology changed the mind of the customers
and changed the queue concept from the history banking transaction. Today there are
We can see that the how technology gives the best results in the below diagram. There are
drastically changes seen in the use of Internet banking, in a year 2001 (2%) and in the year 2008
HDFC BANK is the very consistent player in the New private sector banks. New private sector
banks to withstand the competition from public sector banks came up with innovative products and
superior service.
2001
2005
( % customer initiated Transaction by Channel)
PERSONAL BANKING
Insurance
banking Bar
• Tractor loan
• Working Capital
Finance
• Construction
Equipment Finance
• Education Loan
• Gold Loan
• Billpay MobileBanking
• Visa Billpay
• ATM
• InstaPay
• Phone Banking
• DirectPay
• Email
--------------------------------
• VisaMoney Transfer Statements
• Trade Services
Locater
• RBI Guidelines
WHOLESALE BANKING
Corporate Small and Medium Financial Institutions and
Enterprises Trusts
• Tax Collection
Financial Institutions
Mutual Funds
Stock Brokers
Insurance Companies
Commodities Business
Trusts
BUSINESS MIX
• HDFC Bank is a consistent player in the private sector bank and have a well
balanced product and business mix in the Indian as well as overseas markets.
• Customer segments (retail & wholesale) account for 84% of Net revenues
( FY 2008)
• Higher retail revenues partly offset by higher operating and credit costs.
NRI SERVICES
• Africa
• Others
Quick remit
IndiaLink
Cheque LockBox
• NetSafe • NetBanking
• BillPay • OneView
• InstaPay • InstaAlert
• DirectPay • ATM
HDFC BANK mission is to be "a World Class Indian Bank", benchmarking themselves
against international standards and best practices in terms of product offerings, technology,
service levels, risk management and audit & compliance. The objective is to build sound
services for target retail and wholesale customer segments, and to achieve a healthy growth in
profitability, consistent with the Bank's risk appetite. Bank is committed to do this while
ensuring the highest levels of ethical standards, professional integrity, corporate governance
and regulatory compliance. Continue to develop new product and technology is the main
business strategy of the bank. Maintain good relation with the customers is the main and prime
• Increase market share in India’s expanding banking and financial services industry
by following a disciplined growth strategy focusing on quality and not on quantity and
• Maintain current high standardsfor asset quality through disciplined credit risk
management.
• Develop innovative products and services that attract the targeted customers and
• Continue to develop products and services that reduce bank’s cost of funds.
Believe in
Every successful organization have their own strategy to win the race in the competitive market.
They use some technique and methodology for smooth running of business. HDFC BANK also
acquired the Japanese technique for smooth running of work and effective work place
organization.
Five ‘S’ Part of Kaizen is the technique which is used in the bank For easy and systematic
work place and eliminating unnecessary things from the work place.
BENEFIT OF FIVE “S”
(1) SORT:-
It focuses on eliminating unnecessary items from the work place. It is excellent way to free up
Frequently Less
Required Frequently
Required
Remove
everything
from
workplace
Wanted
but not
Junk
required
(2) SYSTEMATIZE:-
Systematize is focus on efficient and effective Storage method. That means it identify, organize
and arrange retrieval. It largely focuses on good labeling and identification practices.
Spic-n-Span focuses on regular clearing and self inspection. It brings in the sense of ownership.
(4) STANDERDIZE:-
It focus on simplification and standardization. It involve standard rules and policies. It establish
(5) SUSTAIN:-
It focuses on defining a new status and standard of organized work place. Sustain means regular
training to maintain standards developed under S-4. It brings in self- discipline and
STRENGTH
opportunities on an industry-wide
attack by major competitors
basis.
• Lack of infrastructure in rural areas
• An applied research centre to create
opportunities for developing could constrain investment.
techniques to provide added-value
services. • High volume/low cost market is
intensely competitive.
COMPANY PROFILE
ICICI Bank is the largest private sector bank & the second largest bank in the country in terms of
assets. It is a pan-India player with around 950 branches (including recently acquired Sangli
bank). The bank has boosted it’s overseas operations in the last three years and now has presence
in 18 countries either through subsidiaries or representative offices .Together with it’s
subsidiaries , ICICI Bank offers a complete spectrum of financial services & products ranging
from commercial banking to investment banking , mutual fund to insurance.
ICICI has a very compelling growth story ahead of it as Indian economy continues to boom. The
GDP growth in India has been an average 8% for the last 3 years. Although I think that the
market has some more downside left to it, if I were to build a new position in ICICI, I would
start buying here on dips maybe in one-thirds or one-fourths.
Investment Rationale :
ICICI Bank will remain a one of the most fancied stocks among the investors who believe in
India’s long-term growth story.
• Retail banking though slowed down will remain focus area for ICICI Bank
• Massive scale up in international banking
• Innovate approach to tap potential in Rural & SME sector
• Robust non-interest income compensating for slower growth in Net Interest Income
• Sangli Bank acquisition will help the bank to improve CASA deposits .
ICICI BANK : ORGANIZATIONAL STRUCTURE
7 P’S OF MARKETING FOR ICICI BANK
1) PRODUCT MIX
1. DEPOSITS
ICICI Bank offers wide variety of Deposit Products to suit our requirements. Coupled with
convenience of networked branches/ over 1800 ATMs and facility of E-channels like Internet
and Mobile Banking, ICICI Bank brings banking at your doorstep.
Savings Account: ICICI Bank offers a power packed Savings Account with a host of convenient
features and banking channels to transact through.
Senior Citizen Services: The Senior Citizen Services from ICICI Bank has several advantages
that are tailored to bring more convenience and enjoyment in your life.
Young Stars: It's really important to help children learn the value of finances and money
management at an early age. Banking is a serious business, but we make banking a pleasure and
at the same time children learn how to manage their personal finances.
Recurring Deposits: Through ICICI Bank Recurring Deposit you can invest small amounts of
money every month that ends up with a large saving on maturity. So you enjoy twin advantages-
affordability and higher earnings.
Roaming Current Account: Only Roaming Current Account from ICICI Bank travels the
distance with your business. You can access your accounts at over 500 networked branches
across the country.
Bank @ Campus: Thanks to bank@campus, child can now surf the Net and access all the
details of his / her account at the click of a mouse! No need to visit the bank branch at all.
ICICI Bank Salary Account: is a benefit-rich payroll account for Employers and Employees.
As an organization, you can opt for our Salary Accounts to enable easy disbursements of salaries
and enjoy numerous other benefits too.
2. INVESTMENTS
Along with Deposit products and Loan offerings, ICICI Bank assists you to manage your
finances by providing various investment options such as:
3. ANYWHERE BANKING
ICICI Bank is the second largest bank in the country. It services a customer base of more
than 5 million customer accounts through a multi-channel access network. This includes more
than 500 branches and extension counters, over 1800 ATMs, Call Centre and Internet Banking.
Thus, one can access the various services ICICI Bank has to offer at anytime, anywhere
and from anyplace.
4. LOAN
a) Home Loans
b) Personal Loans
c) Car Loans
5. CARDS
a) Credit Card
c) Travel Card
6. DEMAT SERVICES
ICICI Bank Demat Services boasts of an ever-growing customer base of over 7 lacs account
holders. In their continuous endeavor to offer best of the class services to our customers we offer
the following features:
• e-Instruction facility - facility to transfer securities 24 hours a day, 7 days a week through
Internet Interactive Voice Response (IVR) at a lower cost.
• Dedicated specially trained customer care executives at their call centre, to handle all
queries.
7. MOBILE BANKING
With ICICI Bank, banking is no longer what it used to be. ICICI Bank offers Mobile Banking
facility to all its Bank, Credit Card and Demat customers. ICICI Bank Mobile Banking enables
you to bank while being on the move.
8. NRI SERVICES
Online money transfer facility available to nris worldwide through www.money2india.com at the
click of a button!
BENEFITS:
• Our local branches and in association with partner banks/ exchange houses.
2) PRICING MIX
The pricing decisions or the decisions related to interest and fee or commission charged by banks
are found instrumental in motivating or influencing the target market.
The RBI and the IBA are concerned with regulations. The rate of interest is regulated by the RBI
and other charges are controlled by IBA.
The pricing policy of a bank is considered important for raising the number of customers’ vis-à-
vis the accretion of deposits. Also the quality of service provided has direct relationship with the
fees charged. Thus while deciding the price mix customer services rank the top position.
The banking organizations are required to frame two- fold strategies. First, the strategy is
concerned with interest and fee charged and the second strategy is related to the interest paid.
Since both the strategies throw a vice- versa impact, it is important that banks attempt to
establish a correlation between two. It is essential that both the buyers as well as the sellers have
feeling of winning.
3) PLACE
This component of marketing mix is related to the offering of services. The services are sold
through the branches. The 2 important decision making areas are: making available the promised
services to the ultimate users and selecting a suitable place for bank branches.
4) PROMOTION MIX
5) PROCESS
Flow of activities: all the major activities of ICICI banks follow RBI guidelines. There has to
be adherence to certain rules and principles in the banking operations. The activities have been
segregated into various departments accordingly.
Standardization: ICICI bank has got standardized procedures got typical transactions. In fact
not only all the branches of a single-bank, but all the banks have some standardization in them.
This is because of the rules they are subject to. Besides this, each of the banks has its standard
forms, documentations etc. Standardization saves a lot of time behind individual transaction.
Customization: There are specialty counters at each branch to deal with customers of a
particular scheme. Besides this the customers can select their deposit period among the available
alternatives.
Number of steps: numbers of steps are usually specified and a specific pattern is followed to
minimize time taken.
Simplicity: in ICICI banks various functions are segregated. Separate counters exist with clear
indication. Thus a customer wanting to deposit money goes to ‘deposits’ counter and does not
mingle elsewhere. This makes procedures not only simple but consume less time. Besides
instruction boards in national boards in national and regional language help the customers
further.
Customer involvement: ATM does not involve any bank employees. Besides, during usual
bank transactions, there is definite customer involvement at some or the other place because of
the money matters and signature requires.
6) PHYSICAL EVIDENCES
Physical evidence is the material part of a service. Strictly speaking there are no physical
attributes to a service, so a consumer tends to rely on material cues. There are many examples of
physical evidence, including some of the following:
Internet/web pages
Paperwork
Brochures
Furnishings
Business cards
The physical evidences also include signage, reports, punch lines, other tangibles, employee’s
dress code etc.
Signage: each and every bank has its logo by which a person can identify the company. Thus
such signages are significant for creating visualization and corporate identity.
Financial reports: The Company’s financial reports are issued to the customers to emphasis or
credibility.
Tangibles: bank gives pens, writing pads to the internal customers. Even the passbooks,
chequebooks, etc reduce the inherent intangibility of services.
Punch lines: punch lines or the corporate statement depict the philosophy and attitude of the
bank. Banks have influential punch lines to attract the customers.
Employee’s dress code: ICICI bank follows a dress code for their internal customers. This
helps the customers to feel the ease and comfort.
7) THE PEOPLE
All people directly or indirectly involved in the consumption of banking services are an
important part of the extended marketing mix.Knowledge Workers, Employees, Management
and other Consumers often add significant value to the total product or service offering. It is the
employees of a bank which represent the organisation to its customers. In a bank organization,
employees are essentially the contact personnel with customer. Therefore, an employee plays an
important role in the marketing operations of a service organisation.
To realize its potential in bank marketing, ICICI become conscious in its potential in internal
marketing - the attraction, development, motivation and retention of qualified employee-
customers through need meeting job-products. Internal marketing paves way for external
marketing of services. In internal marketing a variety of activities are used internally in an
active, marketing like manner and in a coordinated way.
The starting point in internal marketing is that the employees are the first internal market for the
organization. The basic objective of internal marketing is to develop motivated and customer
conscious employees.A service company can be only as good as its people. A service is a
performance and it is usually difficult to separate the performance from the people.
If the people don’t meet customers' expectations, then neither does the service. Therefore,
investing in people quality in service business means investing in product quality.
• Occupation
= Different products for different occupational segment identified
• Income
= Minimum balance serves as a income segment barrier
• Geographical
= Concentrated on Tier 1 & Tier 2 Cities trying to extend reach
• Age
= Different products like student account.
Targeting:
• Tailors its marketing campaigns to meet the needs of its target prospects
• Creates differentiated product offering for different segment
• Use of technology in tracking customer segment.
Positioning:
• Core proposition – ‘Hum hain na’ – trust, credibility, total financial solution provider
(brought about through its cross selling effort)
• Modernization – process and physical evidence – technology as the backbone and
accelerator
• ICICI bank is absolute appalling. Their slogan of “Hum hain na” is very apt, only that it
applies to their customers (i.e. us poor mortals). Hum hain na &&& to bank with ICICI.
• ICICI bank the most amazing bank with a punch line as “Hum Hain Na”, i think they
mean ” Hum hain - -na (not available)”
• (Earlier I was with ICICI) I must say they rock; very good bank with great customer
support.
DISTRIBUTION STRATEGY:
CHANNEL STRATEGY:
Violet- 5% Internet
Yellow- 7% COPS
_____________________________________________________________________________
1) PROMOTION STRATEGY:
• Corporate branding
• Product branding
Product Promotion:
2) PUBLIC- RELATIONS :
Purpose - To deliver communication that is uniform in its message and yet customised for
specific target audiences
• Media relations
– Press conferences
– Press Releases
– 1-1 interviews
• Investor relations
• Analyst relations
• Government relations
3) OUT-DOOR ACTIVITIES :
Need to be seen…everywhere!!’
4) OTHER INITIATIVES :
STRENGTHS WEAKNESSES
O
P S – O Strategies W – O Strategies
S – T Strategies W – T Strategies
T Loyalty by old
Strategy: Consider additional
S Customers.
benefits
DETAILED ANALYSIS:
Strength:
It is well know that ICICI Bank has the largest Authorised Capital Base in the Banking
System in India i.e. having a total capacity to raise Rs. 19,000,000,000 (Non – Premium
Value).
Opportunity:
Seeing the present financial & economic development of Indian Economy and also the
tremendous growth of the Indian Companies including the acquisition spree followed
by them,it clearly states the expanding market for finance requirements and also the
growth in surplus disposal income of Indian citizens has given a huge rise in savings
deposits – from the above point it is clear that there is a huge market expansion possible in
banking sector in India.
Strategy:
From the analysis of Strength & Opportunity the simple and straight possible strategy
for ICICI Bank could be - to penetrate into the rural sector of India for expanding its market
share as well as leading all other Pvt. Banks from a great gap.
Strength:
ICICI Bank is not only known for large capital but also for having a low operations cost
though having huge number of branches and services provided.
Threat:
After showing a significant growth overall, India is able to attract many international
financial & banking institutes, which are known for their state of art working and
keeping low operation costs.
Strategy:
To ensure that ICICI Bank keeps going on with low operation cost & have continuous
business it should simply promote itself well & provide quality service so as to ensure
customer loyalty, therefore guaranteeing continuous business.
Weakness:
It is well known that workforce responsiveness in banking sector is Very low in Indian
banking sector, though ICICI Bank has better responsible staff but it still lacks behind its
counterparts like HSBC, HDFC BANK, CITI BANK, YES BANK etc.
Opportunity:
In the present world, India is preferred one of the best places for out – sourcing of
business process works and many more.
Strategy:
As international companies are reaping huge benefits after out-sourcing there customer
care & BPO’s, this same strategy should be implemented by ICICI Bank so as to have
proper customer service without hindering customer expectations.
Weakness:
Though having a international presence, ICICI Bank has not been able to keep up the
international standards in providing customer service as well as banking works.
Threat:
In recent times, India has witnessed entry of many international banks like CITI Bank,
YES Bank etc which posses an external entrant threat to ICICI Bank – as this Banks are
known for their art of working and maintain high standards of customer service.
Strategy:
After having new entrants threat, ICICI Bank should come up with More additional
benefits to its customer or may be even reduce some fees for any additional works of
customers.
FOCUS OF THE STUDY
Project report study may have many objectives but all these objectives revolve around one major
In this project, study focus is basically revolves around HDFC and ICICI market strategy and
RESEARCH METHODOLOGY
Research methodology is a systematic way, which consists of series of action steps, necessary to
effectively carry out research and the desired sequencing to these steps. The marketing research
is a process of involves a no. of inter-related activities, which overlap and do rigidly follow a
Objective of Study
Research Design
Sample Design
Data Collection
Data Analysis
Report of findings
RESEARCH DESIGN
Research design specifies the methods and procedures for conducting a particular study. A
research design is the arrangement of conditions for collection and analysis of the data in a
manner that aims to combine relevance to the research purpose with economy in procedure.
Descriptive research studies are those studies which are concerned with described the
In descriptive as well as in diagnostic studies, the researcher must be able to define clearly, what
he wants to measure and must find adequate methods for measuring it along with a clear cut
definition of population he want to study. Since the aim is to obtain complete and accurate
information in the said studies, the procedure to be used must be carefully planned. The research
design must make enough provision for protection against bias and must maximize reliability,
with due concern for the economical completion of the research study.
SAMPLE DESIGN
A Sample Design is a definite plan for obtaining a sample from a given population. It refers to
the technique to the procedure adopted in selecting items for the sampling designs are as below:
SAMPLE SIZE: The substantial portions of the target customer that are sampled to achieve
The cost and time limitation completed me to select 50 respondents as sample size
SAMPLING METHOD:
A random sample gives every unit of the population a known and non-zero probability of being
selected. Since random sampling implies equal probability to every unit in the population, it is
necessary that the selection of the sample must be free from human judgment.
SAMPLE TECHNIQUE
I have taken the Statistical tool of percentage method to analysis and interpretation of the
collected data.
DATA COLLECTION
The study was conducted by the means of personal interview with respondents and the
For the purpose of analyzing the data it is necessary to collect the vital information. There are
PRIMARY DATA:-
Primary data can be collected through questionnaire. The questionnaire can be classified into
questionnaire is well structured, listing of questions are in a prearranged order and where the
• Dichotomous questions
These types of questions are easy to understand and easy to give required answers.
SECONDARY DATA:-
Secondary data means data that are already available i.e. they refer the data which have already
been collected and analyzed by someone else. When the researcher utilizes secondary data, than
he has to look into various sources from where h e can obtain them, in this case he is certainly
not confronted with the problems that are usually associated with the collection of original data.
Secondary data may either be published data or unpublished data. Usually published data are
available in:
• Various publications of the central, state and local government;
subsidiary organizational;
• Reports and publications of various associations connected with business san industry,
• Public records and statistics, historical document and other source of published
information.
The source of unpublished data are many; they may be found in diaries, letters, unpublished
biographies and autobiographies and also may be available with scholars and research workers,
trade associations, labor because and other public private individuals and organization.
DATA ANALYSIS
AND
INTERPRET
ATION
2- 30% says no
QUESTION 4: Are you planning to get account or loan from any company?
(Figure-4)
2. 64% says no
QUESTION 6: If get an opportunity in future would you like to be getting attached with
ICICI Bank?
(Figure-6)
1. 17% says no
• The Sector is very vast and it was not possible to cover every nook and corner of this
sector.
• The objective which we want to fulfill in this project is really good, but the major demerit
to our study is the availability of time for our search and analysis, but then also, I have
tried my level best to show a glimpse of my Research in tune with the objectives.
SUGGESTIONS
• ICICI Bank and HDFC bank has to improve its brand image, i.e. it has to
• It should provide better career opportunities for the retention of its potential advisors.
• Further it has to provide training to its recruited advisors by good and efficient training
• It should more emphasize in advertising, as it is the most powerful tool to position ant
• It should provide online training and for those who are in jobs and want to become
advisors ICICI should provide evening training classes, so that they can join the training
Banking is also now being regarded as a versatile financial planning tool. Research indicates that
Indians have four basic financial needs during their life asset accumulation (such as buying a
house or car), protecting their family, securing their children’s education, and provision for their
retirement.
India being a country having a huge population of around one billion people with only 32% of
the banking population in India possessing banking the country has a vast potential, which has
Banking Company Banking advisors are the lifeline and a very huge asset so each company try
to recruit and select a potential force of Banking advisors because this is the advisors who
generate maximum business for the Bank. Banking advisors provide a very strong support to the
Bank and do all possible efforts to generate huge amount of profit to the company and for him.
BIBLIOGRAPHY
BOOKS:
Kothari, C.R, Research Methodology, New delhi, Vikas Publishing House PVT LTD.
2007
WEBSITES
• www.hdfcbank.com
• www.icicibank.com
• www.economictimes.indiatiome.com
• www.business-standard.com
• www.wikepedia.com
ANNEXURE – 1
QUESTIONNAIRE
PERSONAL DETAILS:
Name Mr./Mrs./Miss__________________________
Address____________________________________
___________________________________________
Email ______________________________________
Occupation
Please give some references of people who you know are trading/investing in stocks:
1. _________________________________
2. _________________________________
iii. HDFC
i. ICICI
ii. HDFC
iii. Other
i. ICICI
ii. HDFC
iii. Other
i. Yes
ii. No
i. Oneself
ii. Broker
iv. Friends/Relatives
v. An other
i. Yes ii. No
Q7. What are the factors which you considered before opening account in a particular bank?
i. Financial Position
iii. Goodwill
Any others