CAMEL analysis for Indian Banks

Capital Adequacy Parameter

2006

Capital Adequacy Ratio

2005 2004 2003 2002

ICICI Tier 1 Tier 2 13.35 9.2 4.15 11.78 7.59 4.19 10.36 6.09 4.27 11.1 7.05 4.05 11.44 7.47 3.97

ICICI

Debt equity ratio

2006 2005 2004 2003 2002

SBI 0.23 0.34 0.45 0.69 1.52

ICICI

Advances to total Asset ratio

Govt. Securities to total Investment Ratio

2006 2005 2004 2003 2002

2006 2005 2004 2003 2002

HDFC 1.11 0.80 0.66 0.54 0.61

SBI 0.58 0.54 0.50 0.49 0.45

ICICI

0.54 1.06 0.86 1.02 1.04

HDFC 0.53 0.44 0.39 0.37 0.35

SBI 0.72 0.68 0.70 0.72 0.63

SBI Tier 1 Tier 2 11.88 9.36 2.52 12.45 8.04 4.41 13.53 8.34 5.19 13.5 8.81 4.69 13.35 9.22 4.13

0.48 0.50 0.42 0.39 0.29

HDFC 0.86 0.89 0.87 0.85 0.82

0.69 0.58 0.60 0.47 0.44

535 cr in Subsid

2860 cr in Sub ICICI

ter HDFC Tier 1 Tier 2 11.41 8.55 2.86 12.16 9.6 2.56 11.66 8.03 3.63 11.12 9.49 1.63 13.93 10.81 3.12

535 cr in Subsidiaries - HDFC

2860 cr in Subsidiaries ICICI

Asset Quality ICICI

Net NPA to Net Advances(%)

2006 2005 2004 2003 2002

SBI 0.72 1.65 2.21 5.21 5.48

1.87 2.65 3.48 4.5 5.63

Net Non Performing assets is the Gross NPA minus gross provision made, unrealised interest and unadjusted credit balances with regard to various NPA accounts.

Total NPA Growth Rate

ICICI SBI 2006 -19.8% -16.7% 2005 -9.1% -1.7% 2004 -39.4% -6.2% 2003 0.3% -12.8% 2002 1124.9% -2.5%

HDFC 0.44 0.24 0.16 0.37 0.5

e, unrealised interest and HDFC 15.9% 30.9% 26.4% 19.1% 51.8%

Management Quality parameter

Market Value to Equity Capital

ICICI SBI HDFC 2006 3.53 2.37 6.36 2005 3.97 1.98 4.89 2004 3.26 1.70 5.52 2003 2.50 1.65 4.64 2002 1.31 0.98 3.18

Total Advances to Total Deposits

ICICI SBI HDFC 2006 0.89 0.69 0.63 2005 0.92 0.55 0.70 2004 0.92 0.50 0.58 2003 1.11 0.47 0.53 2002 1.47 0.45 0.39

Business/Employee (cr)

Profit/Employee(cr)

2006 2005 2004 2003 2002

ICICI SBI HDFC 9.05 2.99 7.58 8.8 2.43 8.06 10.1 2.1 8.66 11.2 1.91 8.65 4.86 1.73 7.78

2006 2005 2004 2003 2002

ICICI SBI HDFC 0.10 0.02 0.07 0.11 0.02 0.09 0.12 0.02 0.09 0.11 0.01 0.1 0.05 0.01 0.1

Earnings Quality ICICI

Operating Profit by Average Working Funds

Net Profit to Average Assets

2006 2005 2004 2003 2002

2.39 2.18 2.09 2.49 2.14

ICICI 2006 1.21% 2005 1.36% 2004 1.40% 2003 1.13% 2002 0.41%

ICICI

Interest Income to Total Income

2006 2005 2004 2003 2002

0.73 0.73 0.75 0.75 0.78

ICICI

Non Interest Income to Total Income

2006 2005 2004 2003 2002

0.27 0.27 0.25 0.25 0.22

SBI

HDFC 7.19 7.7 7.99 9.1 9.01

SBI

7.11 6.85 7.28 7.89 3.12

HDFC 0.92% 1.39% 0.99% 1.42% 0.94% 1.40% 0.86% 1.43% 0.73% 1.51%

SBI

HDFC 0.83 0.82 0.80 0.83 0.88

SBI

0.79 0.81 0.84 0.81 0.84

HDFC 0.17 0.18 0.20 0.17 0.12

0.21 0.19 0.16 0.19 0.16

Liquidity parameter ICICI

Liquid Assets to Total Assets

2006 2005 2004 2003 2002

0.068 0.077 0.067 0.060 0.122

ICICI

Liquid Assets To Total Deposits

2006 2005 2004 2003 2002

0.103 0.130 0.124 0.135 0.399

er SBI 0.090 0.085 0.107 0.120 0.186

HDFC 0.094 0.087 0.084 0.104 0.145

0.117 0.107 0.137 0.153 0.240

HDFC 0.124 0.123 0.117 0.142 0.196

SBI