Despite being the second largest bank in the country after SBI in terms of asset size, ICICI Bank lost its share of the banking sector's advances from 10.2% in FY07 to 8% in FY12. At the end of March 2012, the bank had assets of over Rs 4.8 trillion and a franchise of over 9,000 ATMs and 2,750 branches spread across the country. Retail assets constituted 34% of advances in FY12 as against 65% in FY07. The bank is focusing on loan origination in the large corporate, SME and agrie segments and on non-fund based products and services. Besides the bank itself being the market leader across retail loan portfolios, its subsidiaries ICICI Life Insurance, ICICI General Insurance and ICICI AMC are leaders in their respective businesses.
Asad Dossani discusses part one of the opportunities and dangers of intraday trading. One particular trading strategy was found to make higher returns when trading intraday, but this was not the case when transaction costs are taken into account. In fact, high transaction costs can make many intraday strategies unprofitable
Childcare insurance plans claim that they can take care of your children's expenses and also provide an insurance cover. PersonalFN discusses whether these plans are actually worth investing in or not.