final fa project on icici & kotaka mahindra and its

7/29/2019 Final FA Project on Icici & Kotaka Mahindra and its

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ABSTRACT

Banking Sector plays an important role in economic development of a country. The

banking system of India is featured by a large network of bank branches, serving many

kinds of financial services of the people. The Kotak Mahindra Bank is one of the leading

bank of private sector in India. Kotak Mahindra has today more than 363 branches

located at important cities throughout the country. ICICI Bank is second largest and

leading bank of private sector in India. The Bank has 2,533 branches and 6,800 ATMs in

India. The purpose of the study is to examine the financial performance of Kotak

Mahindra Bank and ICICI Bank private sector respectively. The research is descriptive

and analytical in nature. The data used for the study was entirely secondary in nature. The

present study is conducted to compare the financial performance of Kotak Manhindra

Bank and ICICI Bank .Study On the Basis of Milestone, Other Income To Total Income

,Stock comparison ,Equity Share Data ,Income Data ,Balance Sheet Data ,Cash Flow,

Competition ,Securities Share Broker Comparison ,Report Card ,Awards

The study found that Kotak Manhindra Bank is performing well and financially sound

than ICICI Bank but in context of deposits and expenditure ICICI bank has better

managing efficiency than Kotak Mahindra.


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CHAPTER - 1

INTRODUCTION

An efficient banking system is recognized as basic requirement for the economic

development of any economy. Banks mobilize the savings of community into productive

channels. The banking system of India is featured by a large network of bank branches,

serving many kinds of financial needs of the people.

Banking in India in the modern sense originated in the last decades of the 18th century.

The first banks were Bank of Hindustan (1770-1829) and The General Bank of India,established 1786 and since defunct.

The largest bank, and the oldest still in existence, 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 . The three banks merged in 1921 to form

the imperial Bank of India, which, upon India's independence, became the State Bank of

India in 1955. For many years the presidency banks acted as quasi-central banks, as did

their successors, until the Reserve Bank of India was established in 1935.

In 1969 the Indian government nationalized all the major banks that it did not already

own and these have remained under government ownership. They are run under a

structure know as 'profit-making public sector undertaking' (PSU) and are allowed to

compete and operate as commercial bank. The Indian banking sector is made up of four

types of banks, as well as the PSUs and the state banks, they have been joined since

1990s by new private commercial banks and a number of foreign banks.

Banking in India was generally fairly mature in terms of supply, product range and reach-

even though reach in rural India and to the poor still remains a challenge. The government

has developed initiatives to address this through the State bank of India expanding its

branch network and through the National Bank for Agriculture and Rural Development

with things like microfinance.


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CHAPTER -2

PROFILE OF THE BANK

ICICI BANK (INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF

INDIA)

ICICI Bank is second largest and leading bank of private sector in India. Its headquarter

is in Mumbai, India. According to Forbes State Bank of India is the 29th most reputed

company in the world. The Bank has 2,533 branches and 6,800 ATMs in India. In 1998

ICICI Bank launched internet banking operations. The Bank offers a wide range of

banking products and financial services to the corporate and retail customers. It also

provides services in the areas of venture capital investment banking, asset management

and life and non-life insurance. ICICI Bank's equity shares are listed in India on Bombay

Stock Exchange (BSE) and the National Stock

Exchange (NSE) and its American Depositary Receipts (ADRs) are also listed on the New York Stock Exchange (NYSE).

ICICI Bank limited is major banking and financial services organization in India. The

bank is the second largest bank in India and the largest private sector bank in India by

market capitalization. They are publicly held banking company engaged in providing a

wide range of banking and financial services including commercial banking and treasury

operations. The bank and their subsidiaries offers a wide range of banking and financialservices including commercial banking, retail banking, project and corporate finance,

working capital finance, insurance, venture capital and private equity, investment

banking, broking and treasury products and services. They offer through a variety of

delivery channels and through their specialized subsidiaries in the area of investment

banking, life and non-life insurance, venture capital and assets management. The bank

has a network of 2035 branches and about 5518 ATMs in India and presence in 18

countries. They have subsidiaries in the United Kingdom, Russia and Canada, branches in

United States, Singapore, Bahrain, Hong-Kong, Srilanka, Qatar and Dubai International


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finance centre and representative offices in United Arab Emirates, China, South Africa,

Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established

branches in Belgium and Germany.

The bank equity shares are listed in India on Bombay Stock Exchange and National stock

exchange of India Limited and their American Depository Receipts (ADRs) are listed on

NYSE. The bank is first Indian banks listed NYSE.


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Kotak Mahindra Bank

Kotak Mahindra Bank (BSE: 500247, NSE: KOTAKBANK) is an Indian financial firm

established in 1985. It was previously known as Kotak Mahindra Finance Limited, a non-

banking financial company. In February 2003, Kotak Mahindra Finance Ltd, the group's

flagship company was given the licence to carry on banking business by the Reserve

Bank of India (RBI). Kotak Mahindra Finance Ltd. is the first company in the Indian

banking history to convert to a bank. Today it has more than 363 branches, 20,000

employees and 10,000 crore in revenue.Mr. Uday Kotak is Executive Vice Chairman &

Managing Director of Kotak Mahindra Bank Ltd. In July 2011 Mr. C. Jayaram and

Mr. Dipak Gupta, whole time directors of the Bank, were appointe Joint Managing

Directors of Kotak Mahindra Bank. Dr. Shankar Acharya is the chairman of board of

Directors in the company.

The Bank has its registered office at Nariman Bhavan, Nariman Point, Mumbai .

It bought stressed assets from a number of banks, at full loan value of 1,000 crores in

2005.In January 2011, the bank reported a 32% rise in net profit to 188 crores for thequarter ended December 2010 against 142 crores the corresponding quarter last

year .[4] Kotak Mahindra bank also reached the top 100 most trusted brands of India in The

Brand Trust Report published by Trust Research Advisory in 2011.
http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank#cite_note-fe-4http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank#cite_note-fe-4http://en.wikipedia.org/wiki/Kotak_Mahindra_Bank#cite_note-fe-4http://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/Kotak_Mahindra_Bank#cite_note-fe-4


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OBJECTIVE OF THE STUDY

To study the financial performance of Kotak Mahindra Bank and ICICI Bank.

To compare the financial performance of Kotak Mahindra Bank and ICICI Bank.To compare the milestone of Kotak Mahindra Bank and ICICI Bank.

RESEARCH METHODOLOGY

In the present study, an attempt has been made to measure, evaluate and compare thefinancial performance of Kotak Mahindra Bank and ICICI Bank which related to the

private sector respectively. The study is based on secondary data that has been collected

from annual reports of the respective banks, magazines, journals, documents and other

published information. The study covers the period of 5 years.


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LIMITATION OF THE STUDY

Due to constraints of time and resources, the study is likely to suffer from certain

limitations. Some of these are mentioned here under so that the findings of the study may

be understood in a proper perspective.

The limitations of the study are:

The study is based on the secondary data and the limitation of using secondary data may

affect the results.

The secondary data was taken from the annual reports of the Kotak Mahindra Bank and

ICICI Bank. It may be possible that the data shown in the annual reports may be window

dressed which does not show the actual position of the banks.

Financial analysis is mainly done to compare the growth, profitability and financialsoundness of the respective banks by diagnosing the information contained in the

financial statements. Financial analysis is done to identify the financial strengths and

weaknesses of the two banks by properly establishing relationship between the items of

Balance Sheet and Profit & Loss Account. It helps in better understanding of banks

financial position, growth and performance by analyzing the financial statements with

various tools and evaluating the relationship between various elements of financial

statements.


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FOR THIS PURPOSE THE FOLLOWING PARAMETERS HAVE

BEEN STUDIED

1.Milestone2.Other Income To Total Income

3.Stock comparison

5.Income Data

6.Balance Sheet Data

7.Cash Flow

8.Competition

9.Securities Share Broker Comparison

10.Report Card

11.Awards

1.Milestone (ICICI )

Year Milestone

1986 ICICI became the first Indian institution to receive ADB Loans.

ICICI, along with UTI, set up Credit Rating Information Services of India

Limited, India's first professional creditrating agency.

ICICI promotes Shipping Credit and Investment Company of India Limited.

The Corporation made a public issue of Swiss Franc 75 million in Switzerland,

the first public issue by any Indian entity in the Swiss Capital Market.

1987 ICICI signed a loan agreement for Sterling Pound 10 million with


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Commonwealth Development Corporation (CDC), the first loan by CDC for

financing projects in India.

1988 Promoted TDICI - India's first venture capital company.

1989 -------------------------------------------------------------------------------------1990 ------------------------------------------------------------------------------------------------

-------

1991 ------------------------------------------------------------------------------------------------

--------

1992 ------------------------------------------------------------------------------------------------

------------

1993 CICI Securities and Finance Company Limited in joint venture with J. P.

Morgan set up.

ICICI Asset Management Company set up.

1994 ICICI Bank set up.

1995

1996 ICICI Ltd became the first company in the Indian financial sector to raise GDR.

SCICI merged with ICICI Ltd.

Mr. K.V.Kamath appointed the Managing Director and CEO of ICICI Ltd.

1997 ICICI Ltd was the first intermediary to move away from single prime rate to

three-tier prime rates structure and introduced yield-curve based pricing.

The name The Industrial Credit and Investment Corporation of India Ltd

changed to ICICI Ltd.

ICICI Ltd announced the takeover of ITC Classic Finance.

1998 Introduced the new logo symbolizing a common corporate identity for the ICICI

Group.

ICICI announced takeover of Anagram Finance.

1999 ICICI launched retail finance - car loans, house loans and loans for consumer

durables.


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ICICI become the first Indian company from non-Japan Asia to be listed on the

NYSE.

2000 ICICI Bank became the first Indian bank to list on the NYSE.

2001 Bank of Madura Limited amalgamated with ICICI Bank in an all-stock deal in

2001.

The Boards of ICICI Ltd and ICICI Bank approved the merger of ICICI with

ICICI Bank.

2002 ICICI Ltd merged with ICICI Bank Ltd to create India's second largest bank in

terms of assets. Application to RBI.

ICICI assigned higher than sovereign rating by Moody's.

ICICI Bank launched India's first CDO (Collateralised Debt Obligation) Fund

named Indian Corporate Collateralised Debt Obligation Fund (ICCDO Fund).

"E Lobby",a self-service banking centre inaugurated in Pune. It was the first of

Its kind of India

ICICI Bank launched Private Banking.

1100-seat Call Centre set up in Hyderabad.

ICICI Bank Home Shoppe, the first-ever permanent aggregation and display of

housing projects in the country, launched in Pune.

ATM-on-Wheels, India's first mobile ATM, launched in Mumbai.

2003 The first Integrated Currency Management Centre launched in Pune.

ICICI Bank announced April 10 the setting up of its first ever offshore branch in

Singapore.

The first offshore banking unit (OBU) at Seepz Special Economic Zone,

Mumbai, launched.

ICICI Bank's representative office inaugurated in Dubai.

Representative office set up in China.

ICICI Bank's UK subsidiary launched.


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India's first ever "Visa Mini Credit Card", a 43% smaller credit card in

dimensions launched.

ICICI Bank subsidiary set up in Canada.

Temasek Holdings acquired 5.2% stake in ICICI Bank.

ICICI Bank became the market leader in retail credit in India.

2004 Max Money, a home loan product that offers the dual benefit of higher

eligibility and affordability to a customer, introduced.

Mobile banking service in India launched in association with Reliance

Infocomm. India's first multi-branded credit card with HPCL and Airtel

launched.

Kisan Loan Card and innovative, low-cost ATMs in rural India launched.

ICICI Bank and CNBC TV 18 announced India's first ever awards recognizing

the achievements of SMEs, a pioneering initiative to encourage the contribution

of Small and Medium Enterprises to the growth of Indian economy.

ICICI Bank opened its 500th branch in India.

ICICI Bank introduced partnership model wherein ICICI Bank would forge an

alliance with existing micro finance institutions (MFIs). The MFI would

undertake the promotional role of identifying, training and promoting the micro-

finance clients and ICICI Bank would finance the clients directly on the

recommendation of the MFI.

ICICI Bank introduced 8-8 Banking wherein all the branches of the Bank would

remain open from 8a.m. to 8 p.m. from Monday to Saturday.

ICICI Bank introduced the concept of floating rate for home loans in India.

ICICI Bank inaugurates its offshore unit in Bahrain.

ICICI Bank inaugurates its representative office in Dhaka.

2005 First rural branch and ATM launched in Uttar Pradesh at Delpandarwa, Hardoi.

"Free for Life" credit cards launched wherein annual fees of all ICICI Bank

Credit Cards were waived off.

ICICI Bank and Visa jointly launched mCheq - a revolutionary credit card on

the mobile phone.


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Private Banking Masters 2005, a nationwide Golf tournament for high net worth

clients of the private banking division launched. This event is the largest

domestic invitation amateur golf event conducted in India.

First Indian company to make a simultaneous equity offering of $1.8 billion in

India, the United States and Japan.

Acquired IvestitsionnoKreditny Bank of Russia.

ICICI Bank became the largest bank in India in terms of its market

capitalization.

ICICI Bank became the first private entity in India to offer a discount to retail

investors for its follow-up offer.

2006 ICICI Bank became the first Indian bank to issue hybrid Tier-1 perpetual debt in

the international markets.

ICICI Bank subsidiary set up in Russia.

Introduced a new product - 'NRI smart save Deposits' - a unique fixed deposit

scheme for nonresident Indians.

Representative offices opened in Thailand, Indonesia and Malaysia.

ICICI Bank became the largest retail player in the market to introduce a

biometric enabled smart card that allows banking transactions to be conducted

on the field. A low-cost solution, this became an effective delivery option for

ICICI Bank's micro finance institution partners.

ICICI Bank enters mainland Europe, opens branch in Belgium.

Financial counseling centre Disha launched. Disha provides free credit

counseling, financial planning and debt management services.


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Bhoomi puja conducted for a regional hub in Hyderabad, Andhra Pradesh.

2007 IC ICI Banks USD 2 billion 3 -tranche international bond offering was the

largest bond offering by an Indian bank.

Sangli Bank amalgamated with ICICI Bank.

ICICI Bank raised Rs 20,000 crore (approx $5 billion) from both domestic and

international markets through a follow-on public offer.

ICICI Banks GBP 350 million international bond offering marked the inaugural

deal in the sterling market from an Indian issuer and also the largest deal in the

sterling market from Asia.

Launched Indias first ever jewelle ry card in association with jewelry major

Gitanjali Group.

ICICI Bank became the first bank in India to launch a premium credit card --

The Visa Signature Credit Card.

Foundation stone laid for a regional hub in Gandhinagar, Gujarat.

Introduced SME Toolkit, an online resource centre, to help small and medium

enterprises start, finance and grow their business.

ICICI Bank signed a multi-tranche dual currency US$ 1.5 billion syndication

loan agreement in Singapore.

ICICI Bank became the first private bank in India to offer both floating and

fixed rate on car loans, commercial vehicles loans, construction equipment loans

and professional equipment loans.

In a first of its kind, nation wide initiative to attract bright graduate students to

pursue a career in banking, ICICI Bank launched the "Probationary Officer

Programme".

Launched Bank home services for all savings and current a/c customers residing

in India.ICICI Bank Eurasia LLC inaugurated its first branch at St Petersburg,

Russia.

2008 ICICI Bank enters US, launches its first branch in New York.

ICICI Bank enters Germany, opens its first branch in Frankfurt.


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ICICI Bank launched iMobile, a breakthrough innovation in banking where

practically all internet banking transactions can now be simply done on mobile

phones.

ICICI Bank concluded India's largest ever securitization transaction of a pool of

retail loan assets aggregating to Rs. 48.96 billion (equivalent of USD 1.21

billion) in a multi-tranche issue backed by four different asset categories. It is

also the largest deal in Asia (ex-Japan) in 2008 till date and the second largest

deal in Asia (ex-Japan & Australia) since the beginning of 2007.

2009 Ms.Chanda D Kochhar appointed the Managing Director and CEO of ICICI

Bank Ltd.

ICICI Bank and Singapore Airlines launch "ICICI Bank Singapore Airlines

Visa Platinum Credit Card"

ICICI Bank ties up with BSNL Cell One for bill payments

2010 ICICI Bank launches website in Hindi.

ICICI Bank opens first retail branch in Singapore.

RBI approves the amalgamation of Bank of Rajasthan Ltd with ICICI Bank Ltd.

First private sector Bank to inaugurate its 2000 Branch.

ICICI Bank gets Qualified Full Banking privileges in Singapore

2011 ICICI Bank offers cash withdrawal at POS terminals

ICICI Bank & Vodafone Essar ink pact for financial inclusion

ICICI Bank & Aircel sign MoU for financial inclusion

ICICI Bank & Indian Army sign MoU for banking services

ICICI Bank and Intuit launch "Money Manager"

ICICI Bank launches EMV Standard Cards

ICICI Bank Limited Opens Second Retail Branch in Singapore

ICICI Bank launches the first dual Platinum Credit Card

ICICI Bank closes the first rupee Credit Default Swap transaction

2012 ICICI Bank launches 101 Gramin branches across 6 states to provide banking

services in unbanked villages, as a part of its financial inclusion initiative.

ICICI Bank opens its second branch in Hong Kong

ICICI Bank rolls out 25 electronic branches and launches many next generation


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banking solutions

ICICI Bank was the first private sector bank in India to offer PPF account

facility at all bank branches.

Among the first banks to introduce account portability and also the only bank to

offer portability on two additional channels - Internet Banking and Phone

Banking.

ICICI Bank launches first Electronic Toll Collection project on NH-1. A first of

its kind project initiated by the Ministry of Road, Transport & Highways,

National Highway Authority of India (NHAI) and ICICI Bank.

ICICI Bank receives approval from RBI to set up an Infrastructure Debt Fund. It

is the first debt fund to get government's go ahead.

ICICI Bank launches its official Facebook Page. First bank in India to offer one-

of-its kind "Your Bank Account" App, which allows access to bank account

information on Facebook.

2013 Ms. Chanda Kochhar, Managing Director and CEO, launched the ICICI Group

Flag on January 8, 2013.


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Milestone (KOTAK MAHINDRA)

Year Milestone

1986 Kotak Mahindra Finance Limited starts the activity of Bill Discounting

1987 Kotak Mahindra Finance Limited enters the Lease and Hire Purchase market

1990 The Auto Finance division is started

1991The Investment Banking Division is started. Takes over FICOM, one of India's

largest financial retail marketing networks

1992 Enters the Funds Syndication sector

1995

Brokerage and Distribution businesses incorporated into a separate company -

Kotak Securities. Investment Banking division incorporated into a separate

company - Kotak Mahindra Capital Company

1996

The Auto Finance Business is hived off into a separate company -Kotak Mahindra

Prime Limited (formerly known as Kotak Mahindra Primus Limited). Kotak Mahindra takes a significant stake in Ford Credit Kotak Mahindra Limited, for

financing Ford vehicles. The launch of Matrix Information Services Limited marks

the Group's entry into information distribution.

1998Enters the mutual fund market with the launch of Kotak Mahindra Asset

Management Company.
http://en.wikipedia.org/wiki/Kotak_Securitieshttp://en.wikipedia.org/wiki/Kotak_Securities


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2000 Kotak Mahindra ties up with Old Mutual plc. for the Life Insurance business.

2001Kotak Securities launches its on-line broking site (now www.kotaksecurities.com).Commencement of private equity activity through setting up of Kotak Mahindra

Venture Capital Fund.

2002 Matrix sold to Friday Corporation

2004 Launches Insurance Services

2005Kotak Mahindra Finance Ltd. converts to a commercial bank - the first Indian

company to do so.

2005 Launches India Growth Fund, a private equity fund.

2005

Kotak Group realigns joint venture in Ford Credit; Buys Kotak Mahindra Prime

(formerly known as Kotak Mahindra Primus Limited) and sells Ford credit

Mahindra.

2005 Launches a real estate fund

2006Bought the 25% stake held by Goldman Sachs in Kotak Mahindra Capital

Company and Securities

2008 Launched a Pension Fund under the New Pension System

2009 Kotak Mahindra Bank Ltd. Opened a representative office in Dubai
http://en.wikipedia.org/wiki/Kotak_Securitieshttp://en.wikipedia.org/wiki/Kotak_Securities


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Entered Ahmedabad Commodity Exchange as anchor investor

2010Ahmedabad Derivatives and Commodities Exchange, a Kotak anchored enterprise,

became operational as a national commodity exchange.

2011Kotak Mahindra Bank Ltd entered into a Business Cooperation arrangement with

CIMB Group Sdn Bhd, Malaysia.

OTHER INCOME TO TOTAL INCOME :-

Other income to total income reveals the proportionate share of other income in

total income. Other income includes non-interest income and operating income. Total

income includes interest income, non-interest income and operating income.

TABLE 1.4:-OTHER INCOME TO TOTAL INCOME IN SBI AND

ICICI

(IN PERCENT)

YEAR Kotak Mahindra ICICI

2007-08 16.10 22.38

2008-09 16 20.70

2009-10 17 22.09

2010-11 16 21.48

2011-12 11 19.07

MEAN 15.22 21.44

CGR -31.6 -14.7


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Stock Comparision of ICICI & Kotak Mahindra Banks

Current Valuations

ICICI BANK KOTAK

MAH. BANK

P/E (TTM) x 10.9 20.3

P/BV x 1.4 3.7

Dividend Yield % 2.4 0.1

Financials

EQUITY SHARE DATA

ICICI BANK KOTAK

MAH. BANK

Mar-13 Mar-12

High Rs 1,214 585

Low Rs 782 403

Income per share (Unadj.) Rs 389.1 114.4

Earnings per share

(Unadj.)Rs 83.3 24.7

Cash flow per share

(Unadj.)Rs 357.2 111.5

Dividends per share

(Unadj.)Rs 20.00 0.60

Avg Dividend yield % 2.0 0.1

Book value per share

(Unadj.)Rs 596.1 174.2

Shares outstanding (eoy) m 1,153.46 740.69
http://www.equitymaster.com/charts/CompGraph.asp?txtGrSymb=&choose=0&choosevaln=on&chkCompValn=on&ddlValnSymb=WPRO&period=7&Symbol=ICBK,KOTAK,&MAverage=&PrnFriend=0&Type=pecomp&CmpSymbol=ICBK,KOTAK,&chkSymbol=0&filename=chartvaln.asp&utm_source=compare-company-page&utm_medium=website&utm_campaign=chart-link&utm_content=3year#charthttp://www.equitymaster.com/charts/CompGraph.asp?txtGrSymb=&choose=0&choosevaln=on&chkCompValn=on&ddlValnSymb=WPRO&period=7&Symbol=ICBK,KOTAK,&MAverage=&PrnFriend=0&Type=pbvcomp&CmpSymbol=ICBK,KOTAK,&chkSymbol=0&filename=chartvaln.asp&utm_source=compare-company-page&utm_medium=website&utm_campaign=chart-link&utm_content=3year#charthttp://www.equitymaster.com/charts/CompGraph.asp?txtGrSymb=&choose=0&choosevaln=on&chkCompValn=on&ddlValnSymb=WPRO&period=7&Symbol=ICBK,KOTAK,&MAverage=&PrnFriend=0&Type=pbvcomp&CmpSymbol=ICBK,KOTAK,&chkSymbol=0&filename=chartvaln.asp&utm_source=compare-company-page&utm_medium=website&utm_campaign=chart-link&utm_content=3year#charthttp://www.equitymaster.com/charts/CompGraph.asp?txtGrSymb=&choose=0&choosevaln=on&chkCompValn=on&ddlValnSymb=WPRO&period=7&Symbol=ICBK,KOTAK,&MAverage=&PrnFriend=0&Type=pecomp&CmpSymbol=ICBK,KOTAK,&chkSymbol=0&filename=chartvaln.asp&utm_source=compare-company-page&utm_medium=website&utm_campaign=chart-link&utm_content=3year#chart


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Bonus/Rights/Conversions ESOS ESOP -

Avg Price / Income ratio x 2.6 4.3

Avg P/E ratio x 12.0 20.0

Avg P/CF ratio x 9.8 18.9

Avg Price/Bookvalue ratio x 1.7 2.8

Dividend payout % 24.0 2.4

Avg Mkt Cap Rs m 1,151,153 365,901

No. of employees `000 62.1 22.0

Total wages & salary Rs m 56,333 16,015

Avg. income/employee Rs Th 7,231.9 3,850.2

Avg. wages/employee Rs Th 907.6 728.0

Avg. net profit/employee Rs Th 1,547.3 832.9


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INCOME DATA

Interest income Rs m 448,846 84,704

Other income Rs m 293,198 45,434

Interest expense Rs m 282,854 45,420

Net interest income Rs m 165,992 39,284

Operating expense Rs m 302,070 57,166

Gross profit Rs m -136,078 -17,882

Gross profit margin % -30.3 -21.1

Provisions/contingencies Rs m 20,952 987

Profit before tax Rs m 136,168 26,911

Extraordinary Inc (Exp) Rs m 0 0 -

Minority Interest Rs m -5,263 -528

Prior Period Items Rs m 0 0 -

Tax Rs m 34,869 8,060

Profit after tax Rs m 96,036 18,323

Net profit margin % 21.4 21.6

BALANCE SHEET DATA

Advances Rs m 3,299,741 531,436

Deposits Rs m 3,147,705 364,607

Credit/Deposit ratio x 104.8 145.8

Yield on advances % 9.0 12.3

Cost of deposits % 5.6 6.5

Net Interest Margin % 2.6 4.4

Net fixed assets Rs m 54,735 6,119

Share capital Rs m 11,536 3,703

Free reserves Rs m 477,935 108,788

Net worth Rs m 687,624 129,010


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Borrowings Rs m 1,728,882 291,947

Investments Rs m 2,556,667 316,584

Total assets Rs m 6,748,217 923,494

Debt/equity ratio x 7.1 5.1

Return on assets % 1.4 2.0

Return on equity % 14.0 14.2

Capital adequacy ratio % 18.7 17.9

Net NPAs % 0.8 0.6

CASH FLOW

From Operations Rs m 174,940 -11,826

From Investments Rs m -191,478 -1,976

From Financial Activity Rs m 92,832 19,618

Net Cash flow Rs m 76,294 5,816

Share Holding

Indian Promoters % 0.0 45.3 -

Foreign collaborators % 0.0 0.0 -

Indian inst/Mutual Fund % 26.6 4.7

FIIs % 35.9 28.2

ADR/GDR % 26.9 0.1

Free float % 10.6 21.7

Shareholders 709,083 78,988

Pledged promoter(s)

holding% 0.0 0.0 -
http://www.equitymaster.com/india-markets/fiis/?utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=FIIshttp://www.equitymaster.com/india-markets/fiis/?utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=FIIshttp://www.equitymaster.com/adr.asp?symbol=&utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=ADR-GDRhttp://www.equitymaster.com/adr.asp?symbol=&utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=ADR-GDRhttp://www.equitymaster.com/adr.asp?symbol=&utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=ADR-GDRhttp://www.equitymaster.com/india-markets/fiis/?utm_source=compare-company-page&utm_medium=Website&utm_campaign=usage&utm_content=FIIs


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COMPITITOR

Name Last Price Market Cap.

(Rs. cr.)

Net Interest

Income

Net Profit Total Assets

HDFC Bank 589.50 140,852.66 35,064.87 6,726.28 400,331.90

ICICI Bank 826.60 95,412.83 40,075.60 8,325.47 536,794.69

Kotak Mahindra 627.00 48,121.01 8,042.49 1,360.72 83,693.68

Axis Bank 864.30 40,537.74 27,182.57 5,179.43 340,560.66

IndusInd Bank 381.05 19,966.96 6,983.23 1,061.18 73,306.52

Yes Bank 252.95 9,110.83 8,294.00 1,300.68 99,104.12

ING Vysya Bank 429.35 8,017.05 4,861.58 612.96 54,836.45

JK Bank 1,080.50 5,238.03 6,136.79 1,055.10 71,743.32

Federal Bank

248.05 4,243.38 6,167.57 838.17 60,626.78

Karur Vysya 310.45 3,327.44 4,242.43 550.32 46,733.35

South Ind Bk 19.75 2,647.14 4,434.29 502.27 49,795.04

StanChart IDR 128.75 2,317.50 - - 121,685.51

City Union Bank 39.85 1,890.67 2,188.75 322.02 22,977.09

Karnataka Bank 78.90 1,486.16 3,764.29 348.08 41,526.38

DCB 42.20 1,055.87 916.10 102.06 11,278.84

Lakshmi Vilas 61.55 600.36 1,760.55 91.57 17,666.69

Dhanlaxmi Bank 30.15 319.77 1,308.00 2.62 13,819.49

Goldman BEES 2,920.95 299.70 - - -
http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/hdfcbank/HDF01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/hdfcbank/HDF01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/icicibank/ICI02http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/kotakmahindrabank/KMBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/kotakmahindrabank/KMBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/axisbank/AB16http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/axisbank/AB16http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/indusindbank/IIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/indusindbank/IIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/yesbank/YBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/yesbank/YBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/ingvysyabank/INGhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/ingvysyabank/INGhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/jammukashmirbank/JKBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/jammukashmirbank/JKBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karurvysyabank/KVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karurvysyabank/KVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/southindianbank/SIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/southindianbank/SIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/standardcharteredplc/SCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/standardcharteredplc/SCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/cityunionbank/CUBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/cityunionbank/CUBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karnatakabank/KB04http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karnatakabank/KB04http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/developmentcreditbank/DCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/developmentcreditbank/DCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/lakshmivilasbank/LVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/lakshmivilasbank/LVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/dhanlaxmibank/DB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/goldmansachsgoldexchangetradedscheme/GBEhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/goldmansachsgoldexchangetradedscheme/GBEhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/goldmansachsgoldexchangetradedscheme/GBEhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/dhanlaxmibank/DB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/lakshmivilasbank/LVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/developmentcreditbank/DCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karnatakabank/KB04http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/cityunionbank/CUBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/standardcharteredplc/SCB01http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/southindianbank/SIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/karurvysyabank/KVBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/federalbank/FBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/jammukashmirbank/JKBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/ingvysyabank/INGhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/yesbank/YBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/indusindbank/IIBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/axisbank/AB16http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/kotakmahindrabank/KMBhttp://www.moneycontrol.com/india/stockpricequote/banksprivatesector/icicibank/ICI02http://www.moneycontrol.com/india/stockpricequote/banksprivatesector/hdfcbank/HDF01


24/38

Note - In above chart we can seen, there is a compition among the banks. But ICICI &

Kotak Mahindra Bank are respectively listed in (Rank: - 2 & 3) position 2 nd and 3 rd.

ICICI Direct Vs Kotak Securities Share Broker Comparison

ICICI Securities Kotak Mahindra

Securities

About the

Broker

ICICIdirect is an online trading and

investment platform on ICICI Securities,

the largest stock broker firm in India

providing a wide range of investment

options to the retail and institutional

customers. ICICI Securities is part of

ICICI Group, India's top financial

service provider offering banking and

other financial services.

ICICI Securities (I-Sec) is the top equity

house in India with over 20 lakhcustomers. ICICIDirect.com is the

flagship website of I-Sec. This website

was the first online trading platform

lunched in India to provide browser

based equity, commodity and currency

trading; all under one login.

ICICIdirect.com is the most visited

investment portal in India and by NRI's

living across countries. It is one website

which provides options to invest in over

20 financial products including Equity,

Derivatives, Currency Futures, IPO,

Mutual Funds, ETF, Fixed Deposits,

Loans, Tax Services, New Pension

Incorporated in 1994, Kotak

Securities is a full services

broker part of popular India

based Kotak Mahindra

Bank. The bank has over

1400 branches across India

servicing more than 8 lakh

customers.

Kotak Securities Limited is

among the largest

traditional broker in India providing wide range of

investment options to its

customers including

Trading in Equity &

Derivatives, Investment in

IPO's, Mutual Funds, Fixed

Deposits, Bonds and manymore share market related

investment products.

Kotak Sec is the member of

BSE and NSE, the popular

stock exchanges in India.

Company provides stock

trading facilities though


25/38

Systems and Insurance.

ICICI direct also provide current stock

market information which includes stock

prices, news, market research reports,

stocks tips, events, IPO News and

company results. Its 'Centre for Financial

Learning' initiative offers number of

online and classroom programs for

investors.

The 3-in-1 account, which includesICICI Bank Account, ICICI Direct

Trading Account and ICICI Demat

Account, is the best offering for retail

investors in India as it provides easiest

way to invest in stock market and other

financial instruments. The customers can

visit any of the over 1500 ICICI Bank

branches to get help on financial

products which are sold through ICICI

direct.

many ways including

trading terminal, website,

mobile application, trading

though branches and call &

trade.

Like other tradition brokers

in India, Kotak offers

facility of Margin Finance,

Margin against Securities,

Fundamental and Technical

analysis, Research Reports

& Tips, SMS alerts and

Portfolio Management

Services (PMS).

Kotak Security is also the

member of National

Securities Depository

Limited (NSDL) and

Central Depository Services

Limited (CDSL) and

provides its own depository

services to the customers.

The 3-in-1 account is the

key offering of Kotak

Securities. The Trinity

Account [3 in 1 Account]

offers the combination of

broker account, bank

account and a demat

account. All these accounts


26/38

are linked together and

work seamlessly to make

stock market investment

very easy.

Type of

Broker Full Service Broker Full Service Broker

Supported

Exchange

BSE, NSE, MCX BSE, NSE, MCX-SX

Account Type 3-in-1 Account (I-Secure Plan) Kotak Gateway - Fixed

Brokerage


27/38

Trading

Account

Opening Fees

Rs 975 Rs 750

TradingAccount AMC

NIL NIL

Demat

Account

Opening Fees

NIL NIL

Demat

Account AMC

Rs 450 Rs 600

CM Segment -

Cash Delivery

0.55% 0.49%

CM Segment -

Cash Intraday

0.275% 0.049%

Margin

Trading

0.05% - 0.03%

F&O Segment

- Futures

0.05% - 0.03% 0.049%

F&O Segment

- Options

Rs 95 - Rs 65 per lot Rs 100


28/38

ICICI KOTAK

Attribute Value Date

PE ratio 11.14 30/08/13

EPS (Rs) 72.17 Mar, 13

Sales (Rs corer) 10,420.68 Jun, 13

Face Value (Rs) 10

Net profit margin (%) 17.19 Mar, 13

Last bonus

Last dividend (%) 200 26/04/13

Return on averageequity 12.48 Mar, 13

Attribute Value Date

PE ratio 36.16 30/08/13

EPS (Rs) 18.23 Mar, 13

Sales (Rs corer) 2,190.01 Jun, 13

Face Value (Rs) 5

Net profit margin (%) 14.78 Mar, 13

Last bonus 3:2 07/06/13

Last dividend (%) 14 02/05/13

Return on averageequity 14.37 Mar, 13


29/38

AWARDS

ICICI

2004

Best Bank in India Award presented by Euromoney Magazine

2007

ICICI Bank has been conferred the Euromoney Award 2007 for the Best Bank in the

Asia-Pacific Region

ICICI Bank wins the Excellence in Remittance Business award by The Asian Banker

2009

ICICI Bank bags the "Best bank in SME financing (Private Sector)" at the Dun &

Bradstreet Banking awards

2011

ICICI Bank is the only Indian brand to figure in the BrandZ Top 100 Most Valuable

Global Brands Report, second year in a row ICICI Bank ranked 5th in the list of "57 Indian Companies", and 288 th in World

Rankings in Forbes Global 2000 list.

ICICI Bank has won the "Banking Technology Awards 2010" at The Indian Banks

Association in the following categories

ICICI Bank was recognised for its Special Citation of the Fully Electronic Branch Service

Channel, first set up at Hiranandani Estate, Thane, at the Financial Insights Innovation

Awards held in conjunction with Asian Financial Services Congress For the second year in a row, ICICI Bank was ranked 70th in the Brandirectory league

tables of the worlds most valuable brands by, The BrandFinance Banking 500

ICICI Bank was ranked 1st in the Banking and Finance category and 9th in the "2010

Best Companies To Work For" by Business Today

ICICI Bank UK, HiSAVE product range has been awarded the Consumer Moneyfacts

Awards 2011 for the 'Best Online Savings Provider'

For the second consecutive year, ICICI Bank was ranked second in the "India's 50Biggest Financial Companies", in The BW REAL 500 by Business World


30/38

ICICI Bank was one of the winners in the Global Awards for Enterprise & IT

Architecture Excellence. ICICI Bank bagged the award in the Business Intelligence and

Analytics' category.

The Brand Trust Report ranks ICICI among the top 4 most trusted financial institutions.

ICICI Bank awarded "House Of The Year (India)", by Asia Risk magazine, for eighth

time in a row since 2004

ICICI Bank awarded the most Tech-friendly Bank award by Business World

ICICI Bank received the Best Trade Finance Bank in India by The Asset Triple A Award,

Hong Kong

ICICI Bank is the first and the only Indian brand to be ranked as the 45th most valuable

global brand by BrandZ Top 100 Global Brands Report2012

Airtel, ICICI among 'top 100 global brands'

ICICI Bank won the "Best Bond House (India) 2011", by IFR Asia

ICICI Bank awarded the Best Bank (India) by Global Finance

ICICI Bank won the "Century International Quality Era Award" at Geneva

ICICI Bank was awarded the "Best Foreign Exchange Bank (India)" by Finance AsiaCountry Awards.

ICICI Bank received the "Dataquest Technology Innovation Awards 2012" for Data

centre migration by Dataquest.

ICICI Bank was conferred the Best Performance Award for Self Help Group (SHG) Bank

Linkage Programme in NABARD's State Level Awards announced by their Maharashtra

Regional Office. The Bank received the first prize for the year 2010-11 in the Private

Sector Bank category and 2nd runner up for the year 2011-12 in the Commercial Bank

category.

For the second consecutive year, ICICI Bank won the NPCI's NFS Operational

Excellence Awards in the MNC and Private Sector Banks Category for its ATM network.

Mr.K.V.Kamath was awarded the "Hall Of Fame" by Outlook Money for his long

standing contribution in the financial services sector.

ICICI Bank won the Best Bank - India Award by The Banker.
http://en.wikipedia.org/wiki/The_Brand_Trust_Reporthttp://en.wikipedia.org/wiki/The_Brand_Trust_Report


31/38

Ms. Chanda Kochhar ranked 18th in the Fortune's list of '2012 Businesspersons of the

Year'. The 50 global leaders is Fortune's annual ranking of leaders who are "the best in

business".

Ms. Chanda Kochhar tops the list of "50 Most Powerful Women in Business" by FortuneIndia.

ICICI Bank tops the list of "Private sector and Foreign Banks" by Brand Equity, Most

Trusted Brands 2012. It ranks 15th in the "Top Service 50 Brands".

For the third consecutive year, ICICI Bank ranked second in "India's 50 Biggest Financial

Companies" in The BW Real 500 by Businessworld.

For the second year in a row, Ms. Chanda Kochhar, Managing Director & CEO was

ranked 5th in the International list of 50 Most Powerful Women In Business by Fortune.

ICICI Bank tops the list of most fans in India and globally ranks fifth amongst financial

institutions on Facebook in the social media engagement study conducted by Ketchum

Sampark.

ICICI Bank in the Private Sector Bank category won the Best Technology Bank Of The

Year, Best Financial Inclusion Initiative and Best Use Of Technology In Training and e-

Learning by Indian Bank's Association (IBA) Technology Awards. The Bank also

received the first runner up for Best Online Bank, Best Customer Relationship Initiative

and Best Use Of Mobility Technology in Banking by IBA Technology Awards.

ICICI Bank awarded the Best SME Bank for Treasury and Working Capital (India) by

The Asset Triple A.

ICICI Bank received the Best Trade Finance House and Best Cash Management House

by The Corporate Treasurer Alliance Country Awards.

ICICI Bank awarded the Best Private Sector Bank in Global Business Development,

Rural Reach and SME financing categories by Dun & Bradstreet - Polaris Financial

Technology Banking Awards.

2013

ICICI Bank awarded the Most Admired Infrastructure Debt Financer and PPP Project of

the Year: Yamuna Expressway Project, in the 5th KPMG Infrastructure Today Awards by

ASAPP Media Information Group

ICICI Bank Limited has been conferred the Best Remittance Business award at The Asian

Banker's International Excellence in Retail Financial Services 2013 Awards ceremony.


32/38

ICICI Bank was honored with the Medici Innovation Hall of Fame Award, instituted by

The Medici Institute in collaboration with the Medici Group, USA.

ICICI Bank and its IT partner Fundtech won The Asian Banker Technology

Implementation Award for the Convergence Banking project from Asian Banker. Ms. Chanda Kochhar, MD & CEO, was ranked as the most powerful business woman in

India in Forbes' list of 'The World's 100 Most Powerful Women 2013'.

Ms. Chanda Kochhar, MD & CEO was also featured in the Power List 2013 of 25 most

powerful women in Inda by India Today, for the third year in a row.


33/38

AWARD

KOTAK MAHINDRA

Mr. Uday Kotak, Executive Vice Chairman and Managing Director Kotak Mahindra

Bank received the Special Award for his contribution in the growth of India's equity

markets, at India's Best Market Analyst Awards 2012 by Zee Business from Hon'ble

Finance Minister Shri Pranab Mukherjee.

ACAI Award

Kotak Mahindra Bank won the Silver Shield at the 'ICAI Awards for Excellence in

Financial Reporting' for the year 2011-12 under the Category II: Private Sector Banks

(including Co-operative Banks & Foreign Banks)

Asiamoney

Best Local Cash Management Bank In India, as voted by corporates for small companies

(turnover < US$ 100 Mn) by Asiamoney in 2012

Aon Hewitt-Mint study

Kotak Mahindra Bank's Board has been adjudged as the 'Best Managed Board' in the Aon

Hewitt-Mint study of 2012

Asian E-payment Awards

Kotak Mahindra Bank won the Asian E-payment Awards for the following categories at

the Asian Leadership Awards

Best E-Payment Bank Award

Best Online Payment Platform Award

E-Payment Market Leadership awarded to Mr. Tushar Trivedi from Kotak MahindraBank Ltd.

Kotak Mahindra Bank continues to be rated amongst the Top 25 Best Employers in India

for 3 consecutive studies conducted since 2007 by Aon Hewitt

Banking & Payments Asia Trailblazer Awards

Kotak Mahindra Bank's NRI Banking won the following 2 awards at the Banking &

Payments Asia Trailblazer Awards 2013

Click2Remit: Winner in Product Excellence, in the P2P Product Category


34/38

Privy League for NRIs: Winner in Service Excellence, in the Mass Affluent Banking

Category

Best Bank Award

Mr. Dipak Gupta, Joint Managing Director, Kotak Mahindra Bank received the 'BestBank Award' under new private sector bank category (Runner-up) at the Financial

Express Awards from Hon'ble Minister for Commerce and Industry Mr. Anand Sharma.

Best Banker Award

The New Indian Express Group conferred Mr. Uday Kotak with the Runner-Up award for

'Best Banker -Growth and Expansion' at The Sunday Standard FINWIZ 2012 Best

Bankers' Awards 2012

CNBC TV18Kotak Mahindra Bank received the award for Innovative Use of Data Storage at the 'India

Innovation Award 2013' by CNBC TV18 from Hon'ble Minister of State for IT and

Communication Mr. Milind Murli Deora.

Won the Celent Model Bank Award for its core banking implementation in the category

of Infrastructure & Architecture

Forbes Asia's 'FAB 50'

Kotak Mahindra Bank has made it to Forbes Asia's 'FAB 50' list in 2012, for the 3rdconsecutive year1

IT Transformer's Award

Kotak Mahindra Bank won the IT Transformer's Award at The EMC Transformers

Awards 2012

LACP Vision Awards

The Kotak Annual Report 2011-12 won 4 awards at the LACP Vision Awards, USA.

Gold Award- Best in the Banking Category

Bronze Award - Most Creative Report, APAC

Ranked No. 30 - Among the top 50 Reports, APAC

Among the Top 10 Indian Reports

MasterCard Innovation Awards

Kotak Mahindra Bank's credit card business' customer reference program won the award

under the 'Customer Acquisition Program Category' at the MasterCard InnovationAwards


35/38

Kotak Mahindra Bank was awarded the 'Company with 2nd Highest Employee

Contribution (Corporate Challenge Category)' in the 10th edition of Standard Chartered

Mumbai Marathon 2013. Also, Ms. Shanti Ekambaram, President - Corporate &

Investment Banking won the award for Highest Fund Raiser (Corporate Challenge

Category).

Kotak Mahindra Bank continues to be rated amongst the Top 10 in Top Companies for

Leaders To Work, in Asia Pacific in a Study conducted by RBL Group, Aon Hewitt and

Fortune in 2011

Security in Bank award

Kotak Mahindra Bank won the Security in Bank award by Data Security Council of India

(DSCI) at the DSCI Excellence Awards 2012

Silver Effie

Kotak Mahindra Bank's 6% campaign featuring Subbu won the Silver Effie - a

prestigious advertising effectiveness award in the financial services category.

Straight-Through Processing (STP) Award

Kotak Mahindra Bank's Trade Finance Division was awarded the Straight-ThroughProcessing (STP) Award for Excellence in Quality of Payment Messages

Trade & Forfaiting Review (TFR) Awards

Won Gold award at the Trade & Forfaiting Review (TFR) Awards 2012 under the

category Best Local Trade Bank in India

CFO India magazine has recognized Mr. R. Krishnan from Kotak Mahindra AssetManagement Company Ltd., Mr. Naozad Sirwalla from Kotak Investment Advisors Ltd,

Mr. Devang Gheewalla and Mr. Himanshu Vasa from Kotak Mahindra Bank Ltd. as

finance professionals who will stand out as CFOs in the years to come

.

Kotak Mahindra Bank was awarded Fastest Base24 to Electra Switch migration by OPUS


36/38

KOTAK INVESTMENT BANKING

FinanceAsia

Best Investment Bank in India, 2012

FinanceAsiaBest Equity House in India, 2012

Corporate INTL Global Awards

Awarded Securities Advisory Firm of the Year in India, 2012

ACQ Global Awards

Investment Bank of the Year in India award, 2012

Businessworld India's Best Dealmakers

Dealmaker of the year for Qualified Institutional Placements, 2012

Businessworld India's Best Dealmakers

Deal of the year for the M&M Financial Services QIP, 2012

Asset Asian Awards

Awarded Best Domestic Investment Bank, 2012

KOTAK INSTITUTIONAL EQUITIES

FinanceAsiaBest Brokerage in India, 2012

All-India Research Team survey

Ranked #1 on a weighted formula basis in Institutional Investor's All-India Research

Team survey - 2012

Wall Street Journal survey

KIE analysts ranked #1 in financial services; #3 in the media sector in the Wall Street

Journal survey of Asia's best analysts - 2012

Asiamoney Brokers Poll

Best Local Brokerage in the Asiamoney Brokers Poll - 2012

Ranked #2 for Best Overall Country Research amongst all domestic and foreign

brokerages

Ranked #2 for Best Execution amongst all domestic and foreign brokerages

Ranked #3 for Best in Sales Trading amongst all domestic and foreign brokerages


37/38

KOTAK WEALTH MANAGEMENT

Euromoney Private Banking Survey

Winner in multiple categories by Euromoney Private Banking Survey 2013: Best Private Banking Services Overall - India

Private Banking Services Overall, Globally - Among Top 25

Private Banking Services Overall, Asia - Among Top 10

Best Family Office Services Provider, India

Second Best Family Office Services Provider, Asia

FinanceAsia Country AwardsBest Fastest growing Equity Broking House, 2012 (Note: This was under the category -

Large Size Firms)

KOTAK LIFE INSURANCE

DMA Bronze award

Awarded Campaign India DMA Bronze award 2012 in the Social Media apps category

for the Clone Me app - Mere Jaisa Koi.

KOTAK AMC

Lipper Fund Award

Kotak Bond Regular Plan Growth - 'Best Fund over 10 years Bond Indian Rupee', 2012

Outlook Money awards

Best Debt Fund House, 2012

Private Bank, 2012

World Finance Banking Awards

Best Private Bank, 2012

South Asia - Private Banker International Global Wealth Awards

Outstanding Private Bank, 2012

KOTAK SECURITIES

BSE IPF - D&B Equity Broking Awards


38/38

RATIO OF TWO BANK

Ratio ICICI

March-2013

KOTAK MAHINDRA

March-2013

Earnings Per Share (Rs) 72.17 18.23

DPS(Rs) 20.00 0.70

Book NAV/Share(Rs) 578.22 126.53

Cost of Liabilities 5.98 6.77

Net Profit Growth 28.77 25.41

Current Ratio(x) 0.59 0.57

Quick Ratio(x) 49.67 40.00

final fa project on icici & kotaka mahindra and its

Documents