Subject category:
Strategy and General Management
Published by:
IBS Case Development Center
Length: 8 pages
Data source: Published sources
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https://casecent.re/p/19831
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Abstract
Into the fifth decade of its existence, the Industrial Credit & Investment Corporation of India (ICICI) had evolved to become a behemoth in the Indian financial system. With a presence in almost every financial market segment and numerous subsidiaries, it is the bank with the second largest asset base in India. Expansions and diversifications had however raised questions about the rationale behind the expansion. When a simple rumour of a cash crunch could cause panic withdrawals running into one and a half crores in just three days, it was time to stop and consolidate their position, thought experts. This case looks at the meteoric rise of ICICI in India. It leaves open to debate the question as to whether the company should strive for better results in the markets it operates in or should it go for newer opportunities as and when they present themselves. The possible problems because of bringing all the subsidiaries under one umbrella organisation can also be discussed.
Location:
Other setting(s):
2004
About
Abstract
Into the fifth decade of its existence, the Industrial Credit & Investment Corporation of India (ICICI) had evolved to become a behemoth in the Indian financial system. With a presence in almost every financial market segment and numerous subsidiaries, it is the bank with the second largest asset base in India. Expansions and diversifications had however raised questions about the rationale behind the expansion. When a simple rumour of a cash crunch could cause panic withdrawals running into one and a half crores in just three days, it was time to stop and consolidate their position, thought experts. This case looks at the meteoric rise of ICICI in India. It leaves open to debate the question as to whether the company should strive for better results in the markets it operates in or should it go for newer opportunities as and when they present themselves. The possible problems because of bringing all the subsidiaries under one umbrella organisation can also be discussed.
Settings
Location:
Other setting(s):
2004