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Comparative Study On Services Provided by Icici and HDFC Bank
Comparative Study On Services Provided by Icici and HDFC Bank
Comparative Study On Services Provided by Icici and HDFC Bank
BANK
A PROJECT REPORT BY
“COMPARATIVE STUDY ON SERVICE PROVIDED BY
ICICI AND HDFC BANK”
BACHELOR OF ACCOUNTING AND FINANCE
SEMESTER 6
YEAR 2018_19
SUBMITTED BY
SUVARNA SHELKE
ROLL NO: 3133
PROJECT GUIDE
PROF. SHARAVATI MAM
PILLAI COLLEGE OF ARTS COMMERCE AND
SCIENCE
NEW PANVEL_410206
COMPARATIVE STUDY ON SERVICES PROVIDED BY ICICI AND HDFC
BANK
CHAPTER 1: SYNOPSIS
1.1 EXECUTIVE SUMMARY
HDFC and ICICI are major financial banking service
organizations in India. HDFC stands for Housing
Development Finance Corporation and ICICI is Industrial
Credit and Investment Corporation of India. It was in
1990 that of India decided upon a policy of liberalization
under the leadership of Narsimha Rao. This policy
allowed private bank to become established in India
although small in number. The first among these banks
was Global Trust Bank after which various others like Axis
Bank, HDFC Bank and ICICI Bank emerged. This give a
boost to the banking sector in India.
HDFC was established in 1994 by India’s largest housing
finance company housing development finance
corporation Ltd. In Jan,1995 it started operating as
schedule commercial bank. HDFC Bank merged with
Times Bank Ltd in 2000 and this was the first private
merger in India. HDFC also acquired centurion Bank of
Punjab in 2008.