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Credit analysis of personal loan Rahul Mishra
1. S U B M I T T E D T O : - P R E S E N T E D B Y ,
P R F - A D I T I N A I D U R A H U L M I S H R A
Credit Analysis of personal loan
for Indian Bank
2. Industry Introduction
Deposits and lending are prime functions
Major step- Nationalization of bank
Structure
Impact of banking sector in Economy
3. Bifurcation of Banking Sector
SBI
44%
Bank of Baroda
8%
PNB
8%
Canara Bank
5%
Bank of India
5%
Union Bank
4%
IDBI Bank
3%
Syndicate Bank
2%
Oriental Bank
2%
Central Bank
2%
Corporation Ban
2%
UCO
Bank
2%
Indian Bank
2%
Allahabad
Bank
2%
IOB
2%
Andhra
Bank
2% Bank of
Mah
1%
Dena
Bank
1%
State B Bikaner
1%
State Bnk
My
1%
State
Bnk Tr
1%
0%
Market Capitalisation
4. Introduction to Indian Bank
Premier bank owned by government of India
International presence
Diversified Banking Activities
Specialized Banking
Rural Development
Latest Technology
5. Objective of the Project
Internship
Credit
analysis
Non-
performing
assets
6. Credit Analysis
The project involved an in-depth study of the various
Personal loans provided by Indian bank to include:
i. The loan and its features:
ii. Type of loan, its features,
iii. Tenure,
iv. Interest rates,
v. procedures for approval including eligibility
criteria, security needed
The personal loans offered by Indian Bank were
compared across a number of parameters with loans
offered by competing banks
7. Personal loans offered by Indian Bank
1. Home Loan
2. Education Loan
3. Car Loan etc.
Detailed descriptions of the above loans are in the
Report
8. Comparison of Indian Bank interest rates with those
of Competing banks(Personal Loan)
13.99%
14.25%
14.50%
15.00%
13.99%
16.00%
14.50%
12.50%
13.00%
13.50%
14.00%
14.50%
15.00%
15.50%
16.00%
16.50%
HDFC Bank ICICI Bank ING Vysya
Bank
Bajaj Finserv
Lending
Kotak Bank Standard
Chartered
Bank
Indian Bank
Rate of Interest
9. Non performing Assets
Bank's nonperforming loans plus the real estate owned by the bank due to
foreclosures.
Nonperforming assets are footnoted on the balance sheet.
Sub-standard assets
Doubtful Assets
Loss assets
A major cause for NPA is fixation of unrealistic repayment schedule
The implementation of Basel III norms are to commence in 2013 and
recapitalization is mandatory for many banking institutions
10. Overall assessment of Credit Analysis & Learning
Economic slowdown likely to impact the credit
RBI policy, lowering policy rates
Asset quality need to be closely monitored
More impetus on fee based and non-interest income
services
Financial inclusion to play a key role in the near future
Banks will expand in overseas market
Mobile banking, next major technological leap
Competition set to intensify
11. Overall assessment of NPAs
Gross non-performing assets are set to inch up to 4.4 per cent this fiscal
year from the likely of 4.2 per cent in 2012-13
Reasons:-
Economic slowdown
High interest rates
New reporting system
Aviation sector
Detecting NPA:-
Scrutiny of accounts and ledger cards
Scrutiny of statements
External sources
Computerizations of loan monitoring
12. Findings and Recommendation
From this project it is found that INDIAN BANK advance credit
product is slowly gaining its pace in the market at Noida,
All of INDIAN BANK customers are satisfied with the services provided
by the bank.
Many of these customers satisfied with the low interest rate and longer
repayment period of the advance credit products.
Approximately 43% of advance credit products users said that the
service of INDIAN BANK in advance credit products is excellent.
Many customers have no time to call customer care so that they are not
able to know about the service & features of INDIAN BANK advance
credit products.
13. Conclusion
Customer awareness programme is required so that more people
should attract towards advance credit products.
If there are any kind of hidden charges than that must disclose to
customer before giving loan to them.
Indian Bank must take some steps so that customers can get their loan
on time.
INDIAN BANK should be more concern about faster settlement of
customer problem
Advance credit products selling agents must not give any type of wrong
information regarding advance credit products.