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ICICI Bank Internship Insights and Research

This document provides an overview of ICICI Bank's profile and organizational structure, as well as details about the author's internship experience at ICICI Bank. It discusses ICICI Bank's history and subsidiaries, its organizational groups including retail banking and corporate centre, and the author's role as a finance intern learning transaction banking operations. It also includes a presentation on venture funded startups in India, providing statistics on startup growth over time, sectors attracting venture capital investment, and benefits of foreign venture capital investment in India. Research was conducted using primary data from 15 startups as well as secondary sources to analyze venture funded startups.
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0% found this document useful (0 votes)
94 views25 pages

ICICI Bank Internship Insights and Research

This document provides an overview of ICICI Bank's profile and organizational structure, as well as details about the author's internship experience at ICICI Bank. It discusses ICICI Bank's history and subsidiaries, its organizational groups including retail banking and corporate centre, and the author's role as a finance intern learning transaction banking operations. It also includes a presentation on venture funded startups in India, providing statistics on startup growth over time, sectors attracting venture capital investment, and benefits of foreign venture capital investment in India. Research was conducted using primary data from 15 startups as well as secondary sources to analyze venture funded startups.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

WINTER INTERNSHIP

PRESENTATION
COMPANY’S PROFILE
INTRODUCTION
• One of the biggest private sector banks i.e. ICICI bank is discussed, their business profile, domestic and
international subsidiaries of the bank, acquisitions made by the bank, awards bagged by the bank, their
innovative products, the competitors who pose a threat to the bank, grievance, redressal mechanism.

• ICICI took advantage of the new opportunities to offer a broader range of financial products and services to a
broader range of clients. ICICI bank was founded in 1994 as a subsidiary of the ICICI group. ICICI became
the first Indian company and the first non-Japan Asian bank or financial institution to be listed on the new
york stock exchange in 1999.
ORGANIZATIONAL STRUCTURE

Top Level Management

• ICICI bank believes that an organization's structure CEO/MD/Chairman/ CFO


must be dynamic, constantly evolving, and responsive
to changes in both the external and internal
environments.
Middle Level Management

• Retail banking, wholesale banking, project finance & Zonal Heads, GMs, Chief Managers, Branch
special assets management, international business, and Managers
corporate centre are the five major groups within the
organisation.
Lower-level Management

Functional level- Technical Experts, Data Analysts


Operational level- Cashier, Data Entry Operator
JOB PROFILE

The internship enables the student to harmonize what they learnt in


class with reality in professional ground. Interning with ICICI bank
at a position of finance intern for 6 weeks with the transaction
banking group in Noida head office branch.

As an intern I have started learning from the basics of transaction


banking that how it functions, and its operations take place.
DETAILS OF THE WORK DONE:
PROJECT ON
VENTURE FUNDED STARTUPS
MEANING OF FOREIGN
VENTURE CAPITAL INVESTOR

• In today’s global scenario of trade and communication, investments are on the rise other
nations have greatly increased in order to foster more effective trade and commerce and to
strengthen domestic economies.

• Under regulation 2(g) of the SEBI(foreign venture capital investors) regulations, 2000, the
term "foreign venture capital investor" is defined as an investor who is incorporated and
established outside of India, is registered under these regulations, and who also proposes to
make investments in India in accordance with the requirements of these regulations.
RBI REGULATIONS –
• Foreign investment by non-residents in resident entities via transfer or issue
of security to a person resident outside India is classified as a "capital
account transaction“.
• It is governed by foreign exchange management (transfer or issue of security
by a person resident outside India).The foreign exchange management act
('FEMA') regulations, 2000.

SEBI REGULATIONS-

• An investor incorporated or established outside India, which proposes to


make investments in venture capital funds or venture capital undertakings in
India and is registered under the FVCI Regulations.

• Enabling foreign venture capital and private equity investors to register with
it and avail of certain benefits provided there under.
YEAR WISE START-UPS INCORPORATED IN INDIA -

42

24
23
20
18
17

12 12
11
10
9
7 7 7
4
3
2 2
1 1990
1989 1 1995
1 1996
1 1998
1 1999
1 2000 2004 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
Total
90

REGION 80

70

WISE 60

START-
50

Total
40

UPS IN 30

INDIA -
20

10

0
re ad re ai ad n ad r ta ala ba
i i da a ne e )
alo ab alo nn ab ao rb pu ka elh oi tn
Pu an lan
k
n g ed n g h e
rid u rg
d e jai ol an
g
um D N Pa Th (b
C hy K rm ew
Ba hm Ba Fa G o
M
N
A K
Startups and businesses in their
early stage were also focused
on by VC firms as they made
637 investments worth $2.3
billion in 2021
Tech and tech-enabled
companies were favorites for
investors during 2021 as a
total of 644 investments
were recorded with a
cumulative worth of $2.8
billion
BENEFITS -

• Exemptions on pricing restrictions related to entry and exit.

• Exemptions from any lock-in period when the investee company


goes public for the first time.

• Exemptions have also been given from the takeover code. 


STRUCTURING OF FOREIGN VENTURE
CAPITAL

• Understanding the structure and workings of the venture capital industry can help you secure funding from venture
capitalists.

• Traditionally, foreign investments in India have been made through offshore holding company jurisdictions. There are
some other tax-efficient jurisdictions that have been widely used for investment.

• Income characterization is critical for structuring purposes. Also, if it is discovered that the activities are carried, the
income attributable will be taxable in India.
RESEARCH ON VENTURE
FUNDED STARTUPS
ABOUT THE RESEARCH

• The startup ecosystem in India is thriving, and one of the most important
aspects of it is venture capital firms.

• Statistics show that even the most brilliant startup ideas with a great team
fail due to a lack of sufficient funds in the early years of operation.

• Funding is critical, once startups and small businesses reach the growth
stage, a significant amount of money is required to allow them to progress
smoothly.
•The research on the venture funded start-ups is done on the basis of data collected primary data by the clients from 15
start-ups (Noida) through a questionnaire & discussions and secondary data is collected by the publish reports, other
related departments and websites.

•The graphical representation is done on the basis of data collected it is


concluded that the turnover of the firm is 42.9% is above 100 crores, 21.4%
is between 50 crores to 75 crores, 7.1% is between 75 crores to 100 crores
and 28.6% is below 50 crores.

•The investors of a firm are Accel, Tiger Global, Jungle and Sequoia Benetton & Column, Capital India Finance Limited
and Sandeep Agarwal and family.


What are the sources available for funding?

Sales

6.70%

33.30%

60.00%

Private Investors Venture Capital Firms combination


Who are the investors investing in your start-up ?
some of the start-ups have not shared there investors name
3.5

2.5

1.5

0.5

0
Accel Tiger Global Jungle Benett and column Capital india finance Sequioa Cube highways and Sandeep Agarwal and
limited infrastructure family
What kind of investments does your firm prefers the
most?
How much funds are being received by your firm
in  FY 22-23?

Mutual FD
26.70% 26.70% Funds 27%
33%

13.30%
Gov-
33.30% ernment
Bonds
7%
Corporate Bonds
33%

In which type of account does your firm receives


funds? What is the turnover of your firm?

Others 29%
EFC Account 13% 43%
1%
Capital 21%
7%
Account
21%

Current
Account
64%
Below 50 crores 50 crores - 75 crores
75 crores - 100 crores Above 100 crores
ACHIEVEMENTS

• The task was to seek the information of the startups and reorganised it to work
better.
• Worked on a special project.
• Saved time for a company
• Ability to work under pressure and managed deadlines
• Good standards of technical skills
PROBLEMS FACED:
• Lack of work experience
• Usage of different and technical software.
• Long working hours

STEPS TO OVERCOME THE PROBLEM:


• Having a word with team leader or a mentor.
• Feeling confident in a corporate environment.
• Meet new people.
THE OVERALL LEARNING
It is very fundamental for any student in their learning period to undertake practical training. It is for the reason why I
conducted internship in ICICI bank as it is a financial institution with principal objective of promoting the medium term
and long term project financing to businesses and startups. My internship started on 14-02-2022 and ended on 30-01-
2023, I was eager to know that how financial institutions fulfils its obligations and how it operates, and I took advantage
to perform different tasks.

My core responsibilities as an intern were: -

 To check the completeness of documents

 To check whether information provided by applicant is reliable.

 To provide necessary information to the loan applicants

 To work under the account manager (software, technical skills)


 

Task description: 
 Technical details- learnt the functionality of different types of software that helps in various transactions.

 Active listening- giving full attention to what managers and clients used to discuss regarding projects and work.

 Judgement and decision making- considering the relative costs and benefits of potential attention to choose the most appropriate one.

 Learning strategies- selecting and using training methods and usage of procedures appropriate for the situation while learning new
things

New skills acquired:


• Gained accounting and statistical skills through the software.

 Ethical behaviour in the work area

 Know how to handle the clients.

 Creating good relationship between customers and clients


REFERENCES-
• Https://www.Mygreatlearning.Com/blog/top-startups-in-india/

• Www.Sebi.Gov.In

• Https://www.Startupindia.Gov.In/

• Top 10 startups in india – everyone should know

• Https://www.Knowledgehut.Com 

• Www.Indiatimes.Com

• Www.Marketing91.Com

• Www.Researchgate.Com

• Www.Startuptalky.Com

• Www.Discovertoday.Com

• Www.Cnbc.Com
THANKS

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