ASSESSING PROFITABILITY, PERFORMANCE, AND EFFICIENCY OF ICICI BANK: A COMPARATIVE ANALYSIS
Tanvi Thakur
Commerce
December 2023
This comparative analysis examines the profitability, performance, and efficiency of ICICI Bank, a leading player in the Indian banking sector, over a five-year period from 2016-17 to 2019-20. Using financial metrics such as return on assets (ROA), return on equity (ROE), net interest margin (NIM), and operational indicators like loan-to-deposit ratio and provision coverage ratio, this study delves into the bank's operational effectiveness, growth trajectory, and strategic goal achievement. Through a comprehensive examination of these metrics, stakeholders can gain insights into ICICI Bank's competitive positioning, operational efficiency, and long-term sustainability within the banking industry. The analysis draws upon previous research emphasizing the importance of innovation, competition, and customization in the banking sector, particularly in retail banking. Key findings reveal notable improvements in ICICI Bank's financial performance, with higher deposits, advances, assets, and profits recorded in the later years of the study period. These findings underscore the significance of financial performance in driving profitability and suggest avenues for sustained growth and enhanced earnings for ICICI Bank in the future.
© Airo Journals 2021
