This document is an internship project report submitted by Sunil Nandi to the National Institute of Technology in Rourkela, India in partial fulfillment of an MBA program. The report focuses on the core banking and finance activities of Allahabad Bank's Howrah Main branch. It includes an introduction to Allahabad Bank's history and operations. The report then discusses the bank's vision, mission, products and services. It describes the research methodology and analyzes data related to Allahabad Bank's credit appraisal process and types of commercial loans.
This document provides an overview of Axis Bank, including:
- Axis Bank was established in 1994 as the first private sector bank after reforms allowed private banks. It was jointly promoted by UTI, LIC, and other insurers.
- Axis Bank is now the third largest private sector bank in India with over 1,700 branches across the country.
- The document outlines Axis Bank's business activities, subsidiaries, promoters including UTI and LIC, and its position as one of the leading banking franchises in India.
Summer internship report submitted to State Bank of India on the topic - “Yo...Deepanjan Das
A Summer internship report submitted to State Bank of India on the topic - “Youth and SBI - Connected or Disconnected”.
Research work done from May 15th 2013 to July 15th 2013.
60 days/ 2 months internship program.
1) The document provides an overview of the banking industry in India, including its history and evolution. It discusses how banks originated from goldsmiths in the 12th century and the establishment of key banks like the Bank of England and presidency banks in India.
2) It then summarizes the nationalization of banks in India in 1969 and 1980, where the government took control of major private banks to facilitate development and credit delivery. This resulted in the government controlling around 91% of banking at the time.
3) The roles of the Reserve Bank of India in regulating the banking sector through acts like the Banking Regulation Act of 1949 are also highlighted. The history provides context for how the modern Indian banking system developed and
This document provides an overview of State Bank of India (SBI), including its history, operations, subsidiaries, competitors, and awards. Some key points:
- SBI is India's largest bank by assets and has a network of over 17,000 branches across India and 180 international offices.
- It has roots dating back to 1806 and was formed by the merger and nationalization of various state-associated banks.
- In addition to traditional banking, SBI has numerous non-banking subsidiaries and five associate banks that operate under the SBI brand.
- Major competitors in the public sector space include Punjab National Bank and major private sector competitors include HDFC Bank.
- SBI has received
Axis Bank was established in 1994 as one of the first new generation private sector banks in India after the government allowed entry of new private banks. It has grown to become one of the largest private sector banks in India with over 1,200 branches and 6,000 ATMs across the country. The bank was formerly known as UTI Bank but changed its name to Axis Bank in 2007.
Industrial Credit and Investment Corporation of India (ICICI) is India's second largest bank. It was incorporated in 1994 and is headquartered in Mumbai. ICICI provides banking facilities such as personal banking, wealth management, NRI banking, corporate banking, and business banking. It has a network of over 2,500 branches across India and a presence in 19 other countries. ICICI Bank has won several awards for its banking services, including best local bank, best trade finance bank, and best banking security system.
The document outlines an internship report submitted by Mayank Mulchandani to Medi-Caps University about their summer internship at the State Bank of India branch in Indore. It provides an overview of SBI, including its vision, mission and management team, and describes the objectives, activities, and conclusions from Mulchandani's internship experience. The report identifies areas for SBI to improve such as increasing technology usage, customer service levels, and addressing infrastructure issues to better compete against private sector banks.
This document provides an overview of Axis Bank, including:
- Axis Bank was established in 1994 as the first private sector bank after reforms allowed private banks. It was jointly promoted by UTI, LIC, and other insurers.
- Axis Bank is now the third largest private sector bank in India with over 1,700 branches across the country.
- The document outlines Axis Bank's business activities, subsidiaries, promoters including UTI and LIC, and its position as one of the leading banking franchises in India.
Summer internship report submitted to State Bank of India on the topic - “Yo...Deepanjan Das
A Summer internship report submitted to State Bank of India on the topic - “Youth and SBI - Connected or Disconnected”.
Research work done from May 15th 2013 to July 15th 2013.
60 days/ 2 months internship program.
1) The document provides an overview of the banking industry in India, including its history and evolution. It discusses how banks originated from goldsmiths in the 12th century and the establishment of key banks like the Bank of England and presidency banks in India.
2) It then summarizes the nationalization of banks in India in 1969 and 1980, where the government took control of major private banks to facilitate development and credit delivery. This resulted in the government controlling around 91% of banking at the time.
3) The roles of the Reserve Bank of India in regulating the banking sector through acts like the Banking Regulation Act of 1949 are also highlighted. The history provides context for how the modern Indian banking system developed and
This document provides an overview of State Bank of India (SBI), including its history, operations, subsidiaries, competitors, and awards. Some key points:
- SBI is India's largest bank by assets and has a network of over 17,000 branches across India and 180 international offices.
- It has roots dating back to 1806 and was formed by the merger and nationalization of various state-associated banks.
- In addition to traditional banking, SBI has numerous non-banking subsidiaries and five associate banks that operate under the SBI brand.
- Major competitors in the public sector space include Punjab National Bank and major private sector competitors include HDFC Bank.
- SBI has received
Axis Bank was established in 1994 as one of the first new generation private sector banks in India after the government allowed entry of new private banks. It has grown to become one of the largest private sector banks in India with over 1,200 branches and 6,000 ATMs across the country. The bank was formerly known as UTI Bank but changed its name to Axis Bank in 2007.
Industrial Credit and Investment Corporation of India (ICICI) is India's second largest bank. It was incorporated in 1994 and is headquartered in Mumbai. ICICI provides banking facilities such as personal banking, wealth management, NRI banking, corporate banking, and business banking. It has a network of over 2,500 branches across India and a presence in 19 other countries. ICICI Bank has won several awards for its banking services, including best local bank, best trade finance bank, and best banking security system.
The document outlines an internship report submitted by Mayank Mulchandani to Medi-Caps University about their summer internship at the State Bank of India branch in Indore. It provides an overview of SBI, including its vision, mission and management team, and describes the objectives, activities, and conclusions from Mulchandani's internship experience. The report identifies areas for SBI to improve such as increasing technology usage, customer service levels, and addressing infrastructure issues to better compete against private sector banks.
Financial Analysis of Axis Bank Services (MBA Finance)Avinash Labade
If any have Need Project Report please call +919011888598 and i will provide only Word File.
and
Project Cost is Rs 500/- Per Project
Send Me Payment Phone Pay or Google Pay
I Tried to give a detail on this ppt which will make u clear all about SBI. Many things i mentioned like the competitors ... its ATM ... do have a look and download if u need it
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai. It was established in 1985 and received a banking license from the Reserve Bank of India in 2003, becoming the first non-banking finance company to convert into a bank. The bank offers a wide range of banking and financial services to corporate and retail customers. In 2014, it acquired ING Vysya Bank, increasing its branch network to over 1,300 branches across India. Key services include personal finance, investment banking, life insurance, and wealth management. Uday Kotak is the Executive Vice Chairman and Managing Director.
ICICI Bank was established in 1994 as a wholly owned subsidiary of Industrial Credit and Investment Corporation of India. It was initially known as ICICI Bank but later changed its name. ICICI Bank has over 4,850 branches and 14,404 ATMs across India. It provides various banking products and services including loans, deposits, investments, credit cards, insurance, and more to both individual and business customers. ICICI Bank is one of the largest private sector banks in India and has received several awards for its services.
summer internship project report on union bank of indiaabhishek rane
The document is a summer internship report submitted by Abhishek Krishnakumar Rane for their Master of Management Studies program through BES's Institute of Management Studies and Research. The report discusses a project conducted at Union Bank of India on opportunities in the power sector and assessing credit viability of power projects. It provides an overview of Union Bank of India, including its vision, mission, history and products/services. It also examines the bank's financial performance, strategies, and departments like marketing, finance, and HR. The report aims to gain comprehensive knowledge of the power sector and analyze various aspects of power project financing in India.
ICICI Bank is a major private sector bank in India that was founded in 1955 as the Industrial Credit and Investment Corporation of India to provide financing to businesses, and over the decades has expanded significantly both within India and internationally through acquisitions and new branches and subsidiaries. It offers a wide range of banking and financial services and is the second largest bank in India in terms of total assets. The bank has continued expanding globally with branches now in 18 countries across Asia, Europe, North America, and the Middle East.
Comparative analysis of products & services of Axis Bank with its competitors Supriya Mondal
This document provides a summer internship project report submitted by Supriya Mondal to Ramaiah Institute of Management in partial fulfillment of the requirements for a Post Graduate Diploma in Management. The report details Supriya's internship project at Axis Bank Ltd, including an industry analysis of the banking sector in India, an analysis of Axis Bank, and a description of Supriya's roles and responsibilities during the internship. Key points covered include the history and growth of banking in India, the structure of the Indian banking system, major players in the sector, and products and services offered by Axis Bank.
This document is a project report submitted by Sarita Kumari comparing Axis Bank to other banks. It includes an introduction outlining the objectives and methodology of the study. It also provides some limitations of the study. The next chapter provides an overview of Axis Bank, including its evolution, mission and values, products and services (the 7 Ps), and achievements. The following chapter analyzes Axis Bank's financial performance and conducts a SWOT analysis. The report concludes with recommendations.
The document is a summer training report submitted by Amrinder Singh for the partial fulfillment of an MBA degree, focusing on measuring customer satisfaction levels regarding banking services provided by HDFC Bank. It includes a student declaration, acknowledgements, preface, table of contents, and initial chapters introducing the topic, research methodology, and company profile of HDFC Bank. The report examines customer awareness, preferences, and satisfaction regarding HDFC Bank's products and services through a survey of 100 customers in Rudrapur.
co oparative bank training project report bharati namaCool Bharati
The document provides an evaluation of Ms. Bharati's summer training project report at Jhalawar Central Cooperative Bank. Both the internal and external examiners have signed, indicating that the project work and report are satisfactory.
ICICI Bank means industrial credit and investment corporation in India . from this presentation you know all about of ICICI bank profile and strength , weakness , opportunities and treat of ICICI bank . It is 2nd largest bank in India.
The document discusses the research methodology used for a study on consumer awareness of SBI Bank. It involved a survey of 150 respondents using a structured questionnaire. The objectives were to understand consumer preference for banks, awareness of SBI Bank's products and services, and to identify potential customers. A descriptive research design with cross-sectional approach was used. The study aims to help SBI Bank identify new customer segments and improve their services.
This document is a summer training project report submitted by Prateek Chandra to the State Bank of India. The report analyzes the financial patterns of retail traders with SBI compared to other banks in Lucknow, India. It includes an acknowledgements section thanking those who provided guidance. It also includes a declaration stating the report is Prateek Chandra's original work. The report contains an executive summary of the findings, table of contents, and sections on the banking industry profile and history in India.
A project report on analysis of financial statement of icici bankProjects Kart
This document discusses a minor project report on the analysis of the financial statements of ICICI Bank. It provides background information on ICICI Bank, including its history, board of directors, organizational structure, products and services. It then outlines the objectives and contents of the financial statement analysis project, which includes studying ICICI Bank's profit and loss account, balance sheet, and cash flow statement as well as conducting ratio analysis and evaluating the bank's financial soundness.
State Bank of India (SBI) is India's largest bank with over 200 years of history. It has a large network of over 14,000 branches across India and 73 overseas offices. SBI offers a wide range of corporate, commercial, and retail banking services. Some key points about SBI include its large size and market share in India, acquisition of banks in other countries, and recognition as one of the oldest and most established banks in India. The document provides an overview of SBI's history, operations, management, products, and awards.
The document is an internship report submitted by Mayank Mulchandani to Medi-Caps University for their MBA program. It details their 8 week internship at State Bank of India in the Credit Division. It includes sections on the company profile of SBI, describing it as a major public sector bank in India. It provides information on SBI's history dating back to 1806, its current position and services offered which include personal, rural, SME and corporate banking. The report was prepared under the supervision of Mr. Prakash Kumar Shukla, Branch Head of SBI's MG Road branch.
For the past three decades India’s banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans or cosmopolitans in India. In fact, Indian banking system has reached even to the remote corners of the country. This is one of the main reasons of India’s growth process.
Bank of Baroda- Summer Internship ReportAnkit Kumar
This document is a summer internship report submitted by Ankit Kumar to Bank of Baroda. The internship focused on enhancing the user interface and experience of the Bank's website. Ankit conducted research through surveys and analysis of industry best practices. Key findings indicated customers liked the website design but had concerns about colors, navigation, and outdated content. Recommendations included using predictive suggestions to engage customers, improving design elements, and incorporating new technologies like AI assistants. The report provides an overview of the Bank, its products and performance, and outlines Ankit's research methodology and findings to enhance the website.
The State Bank of India (SBI) is India's largest bank. It originated from three presidency banks established in 1806, 1840, and 1843, which merged in 1921 to form the Imperial Bank of India and then became the SBI in 1955 when the Reserve Bank of India acquired a controlling stake. SBI has acquired several smaller banks over the years to expand its presence across India. Today it has over 14,000 branches within India and 180 offices in 34 countries internationally, making it one of the largest banks in the world.
This document appears to be a student project report on analyzing working capital in the banking sector, specifically focusing on Jammu & Kashmir Bank. It includes an introduction to the bank, outlining its history and operations. Several chapters are proposed to cover conceptual discussions of working capital, the financials and analysis of working capital at J&K Bank through ratio analysis, funds flow analysis and budgeting. Case studies on working capital management at the bank are also mentioned. The objective is to understand how working capital is managed in corporate banking.
Financial Analysis of Axis Bank Services (MBA Finance)Avinash Labade
If any have Need Project Report please call +919011888598 and i will provide only Word File.
and
Project Cost is Rs 500/- Per Project
Send Me Payment Phone Pay or Google Pay
I Tried to give a detail on this ppt which will make u clear all about SBI. Many things i mentioned like the competitors ... its ATM ... do have a look and download if u need it
Kotak Mahindra Bank is an Indian private sector bank headquartered in Mumbai. It was established in 1985 and received a banking license from the Reserve Bank of India in 2003, becoming the first non-banking finance company to convert into a bank. The bank offers a wide range of banking and financial services to corporate and retail customers. In 2014, it acquired ING Vysya Bank, increasing its branch network to over 1,300 branches across India. Key services include personal finance, investment banking, life insurance, and wealth management. Uday Kotak is the Executive Vice Chairman and Managing Director.
ICICI Bank was established in 1994 as a wholly owned subsidiary of Industrial Credit and Investment Corporation of India. It was initially known as ICICI Bank but later changed its name. ICICI Bank has over 4,850 branches and 14,404 ATMs across India. It provides various banking products and services including loans, deposits, investments, credit cards, insurance, and more to both individual and business customers. ICICI Bank is one of the largest private sector banks in India and has received several awards for its services.
summer internship project report on union bank of indiaabhishek rane
The document is a summer internship report submitted by Abhishek Krishnakumar Rane for their Master of Management Studies program through BES's Institute of Management Studies and Research. The report discusses a project conducted at Union Bank of India on opportunities in the power sector and assessing credit viability of power projects. It provides an overview of Union Bank of India, including its vision, mission, history and products/services. It also examines the bank's financial performance, strategies, and departments like marketing, finance, and HR. The report aims to gain comprehensive knowledge of the power sector and analyze various aspects of power project financing in India.
ICICI Bank is a major private sector bank in India that was founded in 1955 as the Industrial Credit and Investment Corporation of India to provide financing to businesses, and over the decades has expanded significantly both within India and internationally through acquisitions and new branches and subsidiaries. It offers a wide range of banking and financial services and is the second largest bank in India in terms of total assets. The bank has continued expanding globally with branches now in 18 countries across Asia, Europe, North America, and the Middle East.
Comparative analysis of products & services of Axis Bank with its competitors Supriya Mondal
This document provides a summer internship project report submitted by Supriya Mondal to Ramaiah Institute of Management in partial fulfillment of the requirements for a Post Graduate Diploma in Management. The report details Supriya's internship project at Axis Bank Ltd, including an industry analysis of the banking sector in India, an analysis of Axis Bank, and a description of Supriya's roles and responsibilities during the internship. Key points covered include the history and growth of banking in India, the structure of the Indian banking system, major players in the sector, and products and services offered by Axis Bank.
This document is a project report submitted by Sarita Kumari comparing Axis Bank to other banks. It includes an introduction outlining the objectives and methodology of the study. It also provides some limitations of the study. The next chapter provides an overview of Axis Bank, including its evolution, mission and values, products and services (the 7 Ps), and achievements. The following chapter analyzes Axis Bank's financial performance and conducts a SWOT analysis. The report concludes with recommendations.
The document is a summer training report submitted by Amrinder Singh for the partial fulfillment of an MBA degree, focusing on measuring customer satisfaction levels regarding banking services provided by HDFC Bank. It includes a student declaration, acknowledgements, preface, table of contents, and initial chapters introducing the topic, research methodology, and company profile of HDFC Bank. The report examines customer awareness, preferences, and satisfaction regarding HDFC Bank's products and services through a survey of 100 customers in Rudrapur.
co oparative bank training project report bharati namaCool Bharati
The document provides an evaluation of Ms. Bharati's summer training project report at Jhalawar Central Cooperative Bank. Both the internal and external examiners have signed, indicating that the project work and report are satisfactory.
ICICI Bank means industrial credit and investment corporation in India . from this presentation you know all about of ICICI bank profile and strength , weakness , opportunities and treat of ICICI bank . It is 2nd largest bank in India.
The document discusses the research methodology used for a study on consumer awareness of SBI Bank. It involved a survey of 150 respondents using a structured questionnaire. The objectives were to understand consumer preference for banks, awareness of SBI Bank's products and services, and to identify potential customers. A descriptive research design with cross-sectional approach was used. The study aims to help SBI Bank identify new customer segments and improve their services.
This document is a summer training project report submitted by Prateek Chandra to the State Bank of India. The report analyzes the financial patterns of retail traders with SBI compared to other banks in Lucknow, India. It includes an acknowledgements section thanking those who provided guidance. It also includes a declaration stating the report is Prateek Chandra's original work. The report contains an executive summary of the findings, table of contents, and sections on the banking industry profile and history in India.
A project report on analysis of financial statement of icici bankProjects Kart
This document discusses a minor project report on the analysis of the financial statements of ICICI Bank. It provides background information on ICICI Bank, including its history, board of directors, organizational structure, products and services. It then outlines the objectives and contents of the financial statement analysis project, which includes studying ICICI Bank's profit and loss account, balance sheet, and cash flow statement as well as conducting ratio analysis and evaluating the bank's financial soundness.
State Bank of India (SBI) is India's largest bank with over 200 years of history. It has a large network of over 14,000 branches across India and 73 overseas offices. SBI offers a wide range of corporate, commercial, and retail banking services. Some key points about SBI include its large size and market share in India, acquisition of banks in other countries, and recognition as one of the oldest and most established banks in India. The document provides an overview of SBI's history, operations, management, products, and awards.
The document is an internship report submitted by Mayank Mulchandani to Medi-Caps University for their MBA program. It details their 8 week internship at State Bank of India in the Credit Division. It includes sections on the company profile of SBI, describing it as a major public sector bank in India. It provides information on SBI's history dating back to 1806, its current position and services offered which include personal, rural, SME and corporate banking. The report was prepared under the supervision of Mr. Prakash Kumar Shukla, Branch Head of SBI's MG Road branch.
For the past three decades India’s banking system has several outstanding achievements to its credit. The most striking is its extensive reach. It is no longer confined to only metropolitans or cosmopolitans in India. In fact, Indian banking system has reached even to the remote corners of the country. This is one of the main reasons of India’s growth process.
Bank of Baroda- Summer Internship ReportAnkit Kumar
This document is a summer internship report submitted by Ankit Kumar to Bank of Baroda. The internship focused on enhancing the user interface and experience of the Bank's website. Ankit conducted research through surveys and analysis of industry best practices. Key findings indicated customers liked the website design but had concerns about colors, navigation, and outdated content. Recommendations included using predictive suggestions to engage customers, improving design elements, and incorporating new technologies like AI assistants. The report provides an overview of the Bank, its products and performance, and outlines Ankit's research methodology and findings to enhance the website.
The State Bank of India (SBI) is India's largest bank. It originated from three presidency banks established in 1806, 1840, and 1843, which merged in 1921 to form the Imperial Bank of India and then became the SBI in 1955 when the Reserve Bank of India acquired a controlling stake. SBI has acquired several smaller banks over the years to expand its presence across India. Today it has over 14,000 branches within India and 180 offices in 34 countries internationally, making it one of the largest banks in the world.
This document appears to be a student project report on analyzing working capital in the banking sector, specifically focusing on Jammu & Kashmir Bank. It includes an introduction to the bank, outlining its history and operations. Several chapters are proposed to cover conceptual discussions of working capital, the financials and analysis of working capital at J&K Bank through ratio analysis, funds flow analysis and budgeting. Case studies on working capital management at the bank are also mentioned. The objective is to understand how working capital is managed in corporate banking.
This document is a project report submitted by P. Pavithra in partial fulfillment of the requirements for a Master of Business Administration degree from Saveetha School of Management. The project focuses on credit risk management at State Bank of India's Park Town branch. It includes a certificate verifying the project as Pavithra's original work. It also includes an acknowledgment, declaration, abstract, and table of contents sections.
Credit management & npa of co operative bank ltd.1jitharadharmesh
This document provides an overview of the banking industry and system in India. It discusses the different types of banks in India including nationalized banks, private banks, cooperative banks, and specialized banking institutions. It also outlines the structure of the Indian banking system, which consists of scheduled commercial banks, regional rural banks, cooperative banks, and other specialized institutions. The document was submitted as part of a project report on conducting a financial statement analysis of Rajkot District Cooperative Bank in India.
This document provides background information on Allied Bank Limited (ABL) in Pakistan. It discusses the early development of banking in Pakistan after independence, with very few branches and most resources controlled by non-Muslim bankers who left for India. The State Bank of Pakistan was established in 1948 as the central bank. ABL was the first Muslim bank established in the territory of Pakistan in 1942. The document outlines the objectives and methodology of a study conducted on ABL's operations and performance. It discusses the importance of banks in mobilizing savings and providing finance to drive economic growth. It also briefly traces the history of banking from merchants and goldsmiths to the establishment of modern commercial banks in Pakistan.
A Study on Loans and Advances at IOB.docxsachinc020
This document is a project report submitted to Savitribai Phule Pune University by Miss. Nimse Ekata Kashinath for her Bachelor of Business Administration degree. It includes a declaration, acknowledgements, certificate, table of contents, and introduction about State Bank of India (SBI). Some key points:
- SBI was established in 1955 by merging Imperial Bank of India and former state associate banks to focus on rural development as part of India's first Five Year Plan.
- It is now the largest commercial bank in India with a network of branches across the country.
- The report will analyze SBI's various loan products and services with a focus on loans and advances provided by its
The document provides an overview of the Bank of Rajasthan. It was established in 1943 in Udaipur, India by the Mewar government's finance minister and the Mansingka brothers of Bhilwara with an initial capital of Rs. 10 lacs. Over the years, the bank has expanded its branch network and product offerings while maintaining steady financial growth and performance. It focuses on serving customers through innovative banking services.
Internship report on Rupali Bank limited ( Comilla corporate Branch)Jakiobaid
This Internship report is for Comilla university which is based on Rupali Bank Bangladesh limited (Comilla Corporate Branch) and the major part of this report covered General Banking sector.This was made by Md Obaid Ullah Jaki, Management Studies Department,Second Batch,Comilla university. I hope this report will help my juniors.
summer training in SBI about hosiery cluster in ludhiana cityAnmol Vashishat
The document is a report summarizing Anmol Vashishat's summer internship at State Bank of India in Ludhiana from June to August 2013. The internship involved studying the hosiery cluster in Ludhiana to analyze SBI's financial potential and market share. Anmol visited 100 hosiery companies to collect information on their products and operations. The report provides background on SBI, including its history and products. It also describes Anmol's research methodology and findings on the hosiery industry and SBI's role in the local market.
This document provides information about a project report on customer preferences and attributes towards saving accounts at HDFC Bank. It discusses the origin and growth of HDFC Bank since being established in 1994 as one of the first private sector banks in India. The report aims to understand customer views and perceptions of HDFC Bank's saving account products and services, as well as the market potential of these offerings. It includes chapters on the profile of HDFC Bank, the author's training experience there, and a study of customer preferences towards saving accounts through research and data analysis.
Need for better customer services in Valsad district co-operative BankAnjaliSingh748
The document provides a report on a multi-disciplinary action project conducted to study the need for better customer services at Valsad District Central Cooperative Bank. The report includes an introduction to the bank, an analysis of its strengths, weaknesses, opportunities and threats. It also details the phases of the project which included diagnosing problems, designing solutions, and implementing changes. The findings suggest ways to improve customer services at the bank.
This document is an internship report submitted by Sana Ahmed for her internship at Burj Bank. The report includes an introduction, acknowledgements, abstract, executive summary and several chapters. Chapter 1 provides background on the internship and study. Chapter 2 introduces banking in Pakistan and provides details on Burj Bank, including its vision, mission and organizational structure. Chapter 3 discusses Burj Bank's products, services and departments. The report also includes a SWOT analysis and conclusions.
“Customer satisfaction in public sector banks”AssassinCG
This document provides an introduction and background on a project report about customer satisfaction in public sector banks in India. It discusses the history and emergence of public sector banks in India through nationalization in the 1950s and 1980s. It also discusses the objectives and role of public sector banks before and after economic reforms in the early 1990s. The document outlines the chapters that will be covered in the project report, including the introduction, literature review, research methodology, data analysis, findings, and conclusions.
This document provides background information on Bangladesh Development Bank Limited (BDBL). Some key points:
- BDBL was established in 2009 through the merger of Bangladesh Shilpa Bank and Bangladesh Shilpa Rin Sangstha.
- It has a paid up capital of Tk. 100 crore and total assets of Tk. 16,747 million. It operates through 21 branches.
- In 2013, BDBL received 757 loan applications totaling Tk. 73.56 crore and sanctioned loans of Tk. 77.32 crore. It recovered Tk. 170.52 crore in loans, exceeding its target of Tk. 163.08 crore.
- A ratio analysis shows B
This document appears to be a project report submitted for a Master's degree in Business Administration. It includes sections like the declaration, certificates from the project guide and examiners, an executive summary, table of contents, and the beginning of the introduction chapter which provides an overview of the banking industry in India and the company profile of Axis Bank. The summary provides background information on the purpose and structure of the document.
This document provides information about a project report on the structure and functions of Punjab National Bank (PNB). It includes a declaration by the author Priyanshi Kumari stating that the report was produced independently under faculty guidance. An acknowledgment thanks the guidance provided. The introduction gives an overview of PNB's history and operations. Subsequent sections cover the bank's organizational structure, functions, objectives of the study, research methodology, data analysis including the structure and functions of PNB offices, and conclusions with limitations and suggestions.
This document provides an overview of the framework for studying online savings accounts at State Bank of India. It defines an online savings account as one that is managed and funded primarily over the internet, with most transactions and customer service conducted digitally. Opening an online savings account involves filling out an online form to provide personal details. Such accounts allow customers to maximize interest rates while minimizing risks compared to other investments. The questions to open an online account are similar to traditional accounts but can be completed more quickly online. Customers can transfer funds freely between accounts and choose their account number. The study will examine customers' responses to these online savings account services.
This document provides an overview and analysis of UCO Bank, an Indian state-owned bank. It discusses the bank's history, leadership, size, business profile, and financial performance. Some key points:
- UCO Bank was established in 1943 and was nationalized by the Indian government in 1969. It currently has over 2,300 branches across India and overseas.
- In the fiscal year 2011-2012, the bank saw growth in deposits, advances, and total business both domestically and overseas. Total domestic business grew 8.79% and total global business grew 11.94% between fiscal years 2012 and 2013.
- Profitability ratios like return on assets and net interest margin declined slightly between
This document discusses service quality in banks, specifically Central Bank of India. It defines service quality and outlines the key dimensions of service quality according to models like RATER - reliability, assurance, tangibles, empathy, and responsiveness. It notes that in the competitive banking sector, superior service quality is important to attract and retain customers. The dimensions of service quality must be measured to understand customer perceptions and satisfaction. Measuring these dimensions can help banks identify issues and enhance the customer experience.
Customer satisfaction towards j&k bank by wani aadilwani aadil
This document provides a profile of Jammu & Kashmir Bank (J&K Bank), one of the largest banks in India. It discusses the bank's history, founding in 1938, operations across India, and focus on serving customers in Jammu & Kashmir through innovative financial solutions. The profile outlines the bank's registered office, corporate headquarters, and business support services including internet banking, SMS banking, bill payments, and e-commerce capabilities to provide customers convenient banking access.
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Internship project report allahabad bank
1. 1
INTERNSHIP PROJECTREPORT
ON
CORE BANKING AND FINANCE ACTIVITIES
OF
ALLAHABAD BANK
(A STUDY ON HOWRAHMAIN BRANCH)
Submitted in Partial Fulfillment of
Master of Business Administration (MBA)
Programme : 2016 -18
of
National Institute of Technology, Rourkela
SUBMITTED BY,
SUNIL NANDI
316SM1021
FACULTY ADVISOR,
PROF. (Dr.) DINABANDHU BAG
DATE OF SUBMISSION: 30th
June, 2017
2. 2
An Institutionof National importance under MHRD,Government of India
National Institute of Technology, Rourkela
School of Management
Certificate
This is to certify that Mr. Sunil Nandi, a student of MBA II Semester has
completed his Research Project Report titled “Core Banking and Finance
activities from Allahabad Bank” assigned by MBA Department and under my
supervision. It is further certified that He has personally prepared this report
that is the result of his personal survey/observation. It is of the standard
expected to MBA student and hence recommended for evaluation.
Faculty Advisor
(Dr. Dinabandhu Bag)
Head- Schoolof Management
NIT, Rourkela
3. 3
ACKNOWLEDGEMENT
The extensive endeavor, bliss and euphoria that accompany the successful completion of
the task that would not be complete without the expression of gratitude to the people who
made it possible .I take this opportunity to acknowledge all those who guided, encouraged
and helped me in winding up this project. I am very thankful to Mr. Tarun Kumar
Bishnoi (Chief Manager, Allahabad Bank, Howrah Main Branch), Miss Neelam
Kumari (Manager, Allahabad Bank, Howrah Main Branch) and Mr. D. K. Singh (Sr.
Manager, Allahabad Bank, Howrah Main Branch) who gave me guidance throughout
my Project work. I would also like to extend my feelings of gratitude towards my Faculty
Advisor Dr. Dinabandhu Bag sir for his constant guidance, support and correcting where I
was wrong. I thank them with full zeal and enthusiasm that they gave this big opportunity
to me.
DATE: Sunil Nandi
PLACE: MBA-2ND SEM
4. 4
EXECUTIVE SUMMARY
This internship report consists of profile of the banking sector (industry), its origin, the
functioning, how the banks are classified on the based on function, and the trends being
followed in the industry. Besides the above mentioned this report is focused on core
Banking and to be more precise it discusses the inner details of the bank situated in
Howrah N. S. Road. Allahabad Bank is a nationalized bank, origin and its setup in
Allahabad with its headquarters in Kolkata, India.
Allahabad Bank came to India and gave banking sector a new horizon, today Allahabad
Bank has set firm foot in the industry.
The report further guides through the department and working of the general banking. The
activities taking place in the bank, the various products of banking are discussed in the
report. The report is a very good description of what Allahabad Bank and its significance.
5. 5
TABLE OF CONTENT
PAGE NO.
CHAPTER-1 Introduction 1-15
1.1 About Allahabad bank 6-7
1.2 Vision & Mission 8-9
1.3 Project & background 12
1.4 Objectives of the project 13
1.5 Scope& Limitations 13
CHAPTER-2 Literature Review 16
CHAPTER-3 Research methodology 17
3.1 Research design 17
3.2 Method of data collection 17
CHAPTER-4 Data Analysis and Interpretation 18-26
CHAPTER-5 27-29
5.1 Findings 27
5.3 Conclusion 28
5.3 suggestion 29
CHAPTER-6 Bibliography 30
6. 6
CHAPTER-1
INTRODUCTION
Allahabad Bank is the oldest joint stock bank in India. On 24 April 2014, the bank entered
into its 150th year of establishment. It was founded in Allahabad in 1865. As of 31 March
2012, Allahabad Bank had over 2,500 branches across India. The bank did a total business
of INR 3.1 trillion during the FY 2012-13. The bank has a branch in Hong Kong and a
representative office in Shenzen. It’s headquarter in Kolkata.
The bank's market capitalisation in May 2016 was US$543 million and it ranked #1834 on
the Forbes Global 2000 list.
19th century
On 24 April 1865, a group of Europeans at Allahabad founded Allahabad Bank. By the end
of the 19th century it had branches at Jhansi, Kanpur, Lucknow, Bareilly, Nainital,
Calcutta, and Delhi.
20th century
In the early 20th century, with the start of Swadeshi movement, Allahabad Bank witnessed
a spurt in deposits. In 1920, P & O Banking Corporation acquired Allahabad Bank with a
bid price of ₹436 (US$6.80) per share. In 1923 the bank moved its head office and the
registered office to Calcutta for reasons of both operational convenience and business
opportunities. Then in 1927 Chartered Bank of India, Australia and China (Chartered Bank)
acquired P&O Bank. However, Chartered Bank continued to operate Allahabad Bank as a
separate entity.
Allahabad Bank opened a branch in Rangoon (Yangon). At some point Chartered Bank
amalgamated Allahabad Bank's branch in Rangoon with its own. In 1963 the revolutionary
government in Burma nationalized the Chartered Bank's operations there, which became
People's Bank No. 2.
7. 7
On 19 July 1969, the Indian Government nationalized Allahabad Bank, together with 13
other banks.
In October 1989, Allahabad Bank acquired United Industrial Bank, a Calcutta-based bank
that had been established in 1940 and that brought with it 145 branches. Two years later,
Allahabad Bank established AllBank Finance Ltd, a wholly owned Merchant Banking
subsidiary.
21st century
The government's ownership of Allahabad Bank shrank in October 2002 after the bank
engaged in an Initial Public Offering (IPO) of ₹100 million (US$1.6 million) of shares,
each with a face value ₹ 10. The IPO reduced the Government's shareholding to 71.16%.
Then in April 2005 the bank conducted a second public offering of ₹ 100 million of shares,
each with a face value ₹ 10 and selling at a premium of ₹ 72. This offering reduced the
Government's ownership to 55.23%.
In June 2006 the bank opened its first office outside India when it opened a representative
office in Shenzen, Mainland China. In February 2007, Allahabad Bank opened its first
overseas branch, in Hong Kong. In March, the bank's business crossed the ₹ 10 million
mark.
As on 31 March 2013, the bank had 22,557 employees, out of which 3,293 were women
(15%). Out of the total employees, 51% were officers, 30% were clerks and remaining 19%
were subordinate staff. The bank recruited 1,950 employees (1,421 Officers, 390 Clerks and
139 subordinate staff) during the same financial year. The company incurred INR 20 billion
on employee benefit expenses during the same financial year.
Employee productivity: During the FY 2013-14, the business per employee was INR 13.50
crores and it earned a net profit of INR 4.77 lakhs per employee.
9. 9
VISION and MISSION
Vision :
To put the Bank on a higher growth path by building a Strong Customer-base, through
talent Management, induction of State-of-the-art Technology and through Structural
Re-organization.
Mission :
To ensure anywhere and any time banking for the customer with latest state-of-the-art
technology and by developing effective customer centric relationship and to emerge as
a world-class service provider through efficient utilization of Human Resources and
product innovation.
12. 12
PROJECT & BACKGROUND
The name of my project is ‘Core banking and finance activities’. This is the short part of
finance as well as Banking which involves general banking & various types of loans. The
Banking architecture of Allahabad bank is determined by two major sections 1)
Operational Banking and 2) Advances or Loans. This two major section further sub-
sectioned into 1.1) Cash Receipt, 1.2) Cash Deposit, 1.3) Bank Balance Book and 2.1)
Funded Limit, 2.2) Non-Funded Limit Respectively. The diagram of this architecture are
shown belo.
Bank
Operational
Banking
Cash Reciept Cash Deposit
Bank
Balance
Book
Advances or
Loans
Funded Limit
Non-Funded
Limit
13. 13
Objective of the project
The study requires various types of information of present policies, procedures and methods
of General Banking Operation. Both primary and secondary data available have been used
in preparing this report.
SCOPE OF THE REPORT
This report covers Allahabad bank's Products and Services, Organizational Overview,
Management and Organizational Structural functions. It also covers overview of the general
banking division, processes and other functions.
LIMITATION OF THE REPORT
The one of the main limitations of the report was to conduct a small scale survey on
clients.
Time period was the other limitation for collecting information, which was only two
month long.
Insufficient supply of relevant books and journals.
The branch is too much busy branch as for this to operate the survey on the basis of
questionnaire
Deficiencies in data required for the study.
Field practice varies with the standard practice that also created problem.
Time provided for conducting the study is another important constraint.
14. 14
Salient Contribution of the project
RAM (Risk Assessment Model)
Sorting credits from Data sheet of MDM excel data sheet
Making entry in excel sheet from Profit and loss statement and Balance sheet
Making entry in bank’s excel sheet from Trading and P/L accounting statement
DEVA (Document E-verification & Approval)
CERSAI(Central Registry of securities Assets Reconstruction & Security Internet)
Loan appraisal
Preparing CIF link
Updating MDA in E-1
Work in Risk assessment Model
E- verification, creation and updating of KYC documents
PAN verification
ATM Card Activation, Deactivation and Blocking
Preparing Loan application
Preparing Loan Credit Report
Unit Visit
CIBIL (Credit Information Bureau India Limited) Generation
LAMP(Loan Asset Monitoring Portal)
RTGS(Real Time Gross Settlement)
NEFT(National Electronic Funds Transfer)
New accounts opening
Cheques clearing
Ledger Book entry for locker rent
Locker rent balance checking
Locker rent letter issue
Transfer of Voucher
Transaction details checking of accounts
Account merging of joint account
Barcode Generation of passbook
15. 15
The Products of Allahabad Bank
Bank
Social
Banking
Personal
Banking
Retail Credit
Product
MSME
Banking
Corporate
Banking
International
Banking
Other
services
16. 16
CHAPTER-2
LITERATURE REVIEW
We review the growing literature relating a banking environmental performance to financial
performance. Financial analysis is the process of identifying the strengths, weakness,
oppurtunity and threat of the firm with the help of accounting information provided in the
profit and loss Account and Balance sheet. It is the process of evaluation of relationship
between component parts of financial statements to obtain a better understanding of the
firm’s position and performance.
Corporations are learning how to turn sustainability plans into action. What was once little
more than an annual report documenting environmentally friendly business activities has
grown into something with measurable bottom-line impact- the kind requiring accurate,
audit-proof data. Today, corporate sustainability involves an integrated strategy for
managing resources, maximizing efficiency, and meeting financial objectives. Yet, even as
more and more companies’ acknowledge the value of a well-structured sustainability
strategy, many still lack a cohesive, integrated approach to implementation.
17. 17
CHAPTER-3
RESEARCH METHODOLOGY
Research Design:
Descriptive research procedure is used for describing the recent situation in
Allahabad Bank and analytical research to analyses the result by using research
tools.
Methods of data collection :
Primary Data sources:
Practical banking work.
Personal discussion with the officers and executives of Allahabad Bank.
Personal interview with the customers.
Secondary Data sources:
Daily diary (containing my activities of practical orientation in Allahabad Bank)
Various publications on banking operation,
Website of Allahabad Bank,
Annual Report of the Allahabad Bank,
Personal investigation with bankers,
Different circulars issued by Head Office and RBI
18. 18
CHAPTER-4
DATA ANALYSIS AND INTERPRETATION
CREDIT APPRAISAL PROCESS
Receipt ofapplicationfrom applicant
(Balance sheet, KYCpapers, Different govt. registration no., MOA, AOA, and Properties
Pre-sanctionvisit bybank officers
Check for RBI defaulters list, willful defaulters list, CIBIL data, ECGCcautionlist, etc.
Title clearance reports of the propertiesto be obtainedfromempanelledadvocates
Valuation reports of the propertiesto be obtainedfromempanelled valuer/engineers
Preparation offinancialdata
Proposal preparation
Assessment ofproposal
Sanction/approvalof proposal byappropriate sanctioningauthority
Documentations, agreements, mortgages
Disbursement of loan
19. 19
Application form: For consumer loans, banks generally use standard forms for
the applicant to fill-in the information. A loan application entails neither a pledge by
the applicant nor a commitment by the lender. It also called credit application.
Top sheet: In top sheet, ”Check point” to receive the necessary documents for the
loan from the customers.
Sanction letter: It is a proof that the applicant is eligible to avail a certain amount
of loan from its lender. In the entire process of home loan—right from the
application to the final disbursement, the sanction letter from a bank or financial
institution holds a lot of importance.
Appraisal: Credit Appraisal of Term Loans by Financial Institutions like Banks.
Credit appraisal of a term loan denotes evaluating the proposal of the loan to find
out repayment capacity of the borrower. The primary objective is to ensure the
safety of the money of the bank and its customers
Credit information of Borrower & guarantor: This letter of authority shall
not be revoked by us except with the prior concurrence of the bank and you may act
upon this authority until such time this authority is revoked. Please acknowledge
receipt of this letter and also return the duplicate copy thereof duly confirmed by
you to the bank.
Risk Assessment Model (RAM): RAM is an internal rating software designed
to assist a bank or financial institution in complying with the requirements under the
internal ratings-based approach of the Basel 2 Accord. RAM facilitates credit risk
appraisal of a borrower through a judicious mix of objective and subjective
methodologies and acts as a comprehensive database for all borrower-specific
information. RAM is the largest deployed internal risk rating solution in India.
20. 20
Loan and its Types: In Finance a loan is the lending of money from one
individual, or business organization or entity to another individual, organization or
entity. A loan is a debt provided by an entity to another entity at an interest rate. A
bank loan is a fixed amount for a fixed term with regular fixed repayments. A bank
loan can be further sub-divided into: Secured Loan (Example: - Home loan, vehicle
loan, etc.) and Overdraft. Unsecured Loan (Example: - Credit card facility, personal
loan, etc.) Subsidized Loan (Example :- Subsidized Education Loan) Concessional
Loan (Example :- The Chinese government announced a grant and soft loan package
totaling US$23 million to support Ethiopian development activit
the study: The project has been undertaken to study the procedure of disbursing
commercial loan of Allahabad Bank, Howrah Main Branch.
Commercial loan: A commercial loan is a debt-based funding arrangement
between a business and a financial institution, typically used to fund major capital
expenditures and/or cover operational costs that the company may otherwise be
unable to afford. Most of the commercial loans are secured. Expensive upfront costs
and regulatory hurdles often prevent small businesses from having direct access to
debt and equity markets for financing. So, smaller businesses must rely on other
lending products, such as a line of credit, unsecured loans or term loans. Types of
Commercial Loan 1) Cash Credit Facility: Cash Credit Facility are loans granted in
the form of overdrafts on the security of stock in trade or process or raw materials.
Cash credit facilities are usually secured by pledging current assets of the
organization like inventory or receivables. Cash credit limits are based on drawing
power which is arrived at after deduction of margin fixed by the bank over the
stocks. It is ensured that the balance outstanding doesn’t exceed the drawing power.
Cash credit facility is ideal for financing working capital. 2) Accounts Receivable
Loan: An Accounts receivable loan allows us to pay monthly operating expenses
while waiting for payments from customers. This type of loan is based on having
credit worthy customers.
Term Loan: Term loans provide a set amount of capital for a particular need.
These loans are funded all at once and then paid back over a specified length of
time, generally 5 to 15 years. Term loans are secured with cash, inventory,
21. 21
equipment, securities or real estate. Equipment and Vehicle Loan- These loans are
provide for purchase of computer, heavy equipment, new or used car, van, truck or
other machinery for commercial use. Repayment terms are dependent upon type and
age of collateral. Real Estate Loan- Financing is for purchase, refinance or
construction of office buildings, apartments, retail buildings, industrial buildings,
medical/dental offices or warehouses. Collateral is usually the property acquired or
refinanced. Land and Subdivision Development This type of loan allows us to
purchase a lot to build on or buy land to subdivide. Subdivision loans usually allow
up to 18 months to subdivide, improve and begin selling. Lot loans usually allow up
to 5 years. Letter of Credit -A Letter of Credit is a type of credit facility wherein the
bank guarantees that the seller will receive payment on certain conditions. In the
event that the buyer vies unable to make payment on the purchase, the bank will
cover the outstanding amount. Letters of Credit are often used by import/export
business. Contractors and travel agencies to serve as an assurance of payment.
Documentary letters of credit are usually for less than six months. A stand-by letter
of credit may be renewed annually. Types of commercial loan rendered by
Allahabad Bank A variety of business loans are available to suit the requirements of
various types of requirements of the divergent business units. Allahabad Bank
believes that for any business unit to succeed the availability of funds throughout its
life cycle is of paramount importance and hence Allahabad Bank offers a wide
range of services in loan segment to meet the banking requirements of its business
clients. However the limit of the loans to be provided are decided keeping a view
the need of the organization / proprietor, value of security offered, credit score of
the customer, previous relationship with the bank and other alike factors. The
various kinds of business advances under the roof of Allahabad Bank include the
following: - 1) Commercial Vehicle Finance Scheme 2) Trade Loan 3) Property
Loan.
Role of smart bank in smart city: Smart City will have Smart citizens who
demands: • Cashless Banking • E-Governance • Innovative products • Speedy
Services • Flawless connectivity • Service at your door step • Safe Deposit Lockers.
22. 22
To cater the needs of smart citizens Allahabad Bank has following smart products.
Mainly we are having two types of credit products: Products: This segment
targets to basic needs of a person. • All Bank Aashiyana • Dream Car • Education
Loan • Mo-bike Loan • Personal Loan For all this products we have a centralized
solution centre named as CRBB
MSME Products:Optimum financing to the productive section of economy is a
crucial responsibility of the public sector Banks. So, we understand the need of the
business and Allahabad Bank is in fore front to cater the needs of the MSME
segments. Further, we are also actively participating in the Stand Up and Start up
India scheme to promote entrepreneurship among young generations.
Mobile Banking & Internet Banking: To cater the needs of smart citizens
Allahabad Bank has following smart products: MOBILE BANKING / INTERNET
BANKING: One of the best user friendly and secured product of the industry.
Features of Mobile banking for smart citizens are as follows: • Instant Fund
Transfer. • IMPS • Mobile Recharge. • DTH Recharge. • Balance enquiry. • Mini
presently 40% of the cashless transactions are currently through
Banking Only.
E-Lobby : In order to provide 24*7 customer services Allahabad Bank has
introduced many E-lobbies in the Jabalpur city and planning to increase this number
for the unreached localities. Following are the four types of kiosk machines
available in e-lobby:
Internet Banking kiosk.
Issue of the cheque book: Many steps are followed while issuing cheque book.
The verification of client’s signature is done at first. Then the cheque book is given.
The books serial number is written down in the requisition slip and cheque register.
After completing all steps, the client’s signature is taken on the cheque register.
KYC id verification: These six documents are Passport, Voter card, Adhaar card,
PAN card, Driving License need to submit as a mandatory Know Your Customer
(KYC) document.
23. 23
KYC Documents (PAN and Adhaar linked mandatory)
CIBIL(Credit Information Bureau India Limited): A credit score or the
CIBIL score is a three-digit numeric summary of your credit history. The score is
derived using the credit history found in the CIR. A CIR is an individual’s credit
payment history across loan types and credit institutions over a period of time.
25. 25
SWOT ANALYSIS:
By analyzing the performance of the bank, we get the following Strengths, Weaknesses,
Opportunities and Threats (SWOT).
Strengths:
1. Allahabad Bank is the first generation public bank in India.
2. It has well reputation in the market.
3. Not engaged in unfair business practice.
4. Executives are highly educated and experienced.
5. Allahabad Bank allows all local remittances such as TT, DD, PO, etc. free of cost.
6. Bank has many attractive deposit schemes.
7. Well-furnished and Air-conditioned Banks.
8. Efficient management practice in the Bank.
9. Located in important commercial area.
Weaknesses:
1. Officers in the junior level are not sufficient.
2. Absence of long-term credit.
3. Small market shares in banking business.
4. Lack of promotional activities.
26. 26
Opportunities:
1. Can increase the credit scheme.
2. Public Banks becomes more reliable to local public.
3. Have opportunity to increase market share.
4. Public Banks can contribute more in the economic development of our country.
5. By doing social welfare activities it can create a good impact on public mind.
Threats:
1. There are many competitors in the market.
2. Govt. pressures to reduce interest rate.
3. Banking technologies are changed.
4. Govt. imposes tax, VAT and GST on profit.
27. 27
CHAPTER-5
OVERALL FINDINGS
From results of survey, we can see that during last few years, numbers of clients of
Allahabad Bank has grown rapidly, which indicates that the bank has been successful to
attract clients. But there are certain factors that the bank management should look at.
Customers are not happy with the interest rate of Loan as most of the competitors of
Allahabad Bank are offering lower interest rate, which attracts more clients to those banks.
Respondents consider the interest rate on savings account of Allahabad Bank is pretty
reasonable, where as they consider the interest rate on FDR is not very attractive.
Respondents strongly recommend that the bank should immediately install more ATM
Booth all over the district and improve the power card services to retain old customers as
well as attract potential customer and attracts clients. Most of the respondents are attracted
to the deposit schemes of the Allahabad Bank as they think these schemes will be able to
help them to fulfill their financial needs. Customers also expressed their concern about the
lengthy process for applying and getting loan. Most of the respondents appreciate the
security facilities of Allahabad Bank. Staffs are adequate enough to provide efficient
services. Scarcity of staffs is a very important problem Last but not least majority of the
respondents think opening account in Allahabad Bank is helpful for their business purposes
as well individual purposes.
28. 28
Conclusion
It’s a public sector bank, so it has to abide by the plans that the GOI makes and help the
GOVT. Achieving its targets.
The bank has successfully made a positive contribution to the economy of India with in
very short period of time. Its profit is gradually increasing. It plays a great role in collecting
scattered Deposit, Loan settlement and International Trade etc. The Bank ensures quality
services to the customers. For better growth and healthy economic position, it should
introduce new and lucrative long-term credit schemes especially for new investors and
schemes for poverty alleviation like micro credit.
I hope Allahabad Bank do more work for socio-economic development besides their
banking business. To keep pace with ever-changing uncertain domestic business
environment and face the challenges of revised global economic scenario, the bank should
be more pro-active and responsive to introduce new marketing strategy to hold the strong
position in home and abroad.
For the future planning and the successful operation in its prime goal in this current
competitive environment I hope this report can provide a good guideline. I wish continuous
success and healthy business portfolio of Allahabad Bank, Howrah main Branch.
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Suggestions
I. All details or works should be done by computers so all job will be done
within very short time.
II. Employees should keep back up file for less Data redundancy.
III. The employee shortage can be overcome by outsourcing manpower or by
installation more E-Lobby.
IV. New GST service Tax should be informed and proper knowledge should be
given to customers.
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CHAPTER-6
BIBLIOGRAPHY
Employee’s work experience.
Internet and Various websites.
http://www.educarnival.com/general-banking-activities-of-
national-bank-limited/
http://www.allbankingsolutions.com/banking-tutor/what-is-
banking.shtml
https://www.allahabadbank.in/english/home.aspx
Books from Bank.