The document discusses the introduction of the Goods and Services Tax (GST) in India. It provides background on GST and explains that it will replace many existing taxes, simplify taxation, and lower costs. This will benefit businesses and consumers. While GST implementation may cause some short-term disruptions, it is expected to boost the economy and tax revenues over the long run. Key challenges include integrating tax systems across states and ensuring a smooth transition.
The document provides details about State Bank of India (SBI) merging with 5 of its associate banks on April 1, 2017. It lists the 5 associate banks as State Bank of Patiala (founded 1917), State Bank of Mysore (founded 1913), State Bank of Hyderabad, State Bank of Bikaner and Jaipur, and State Bank of Travancore. It also provides brief histories of State Bank of Patiala and State Bank of Mysore. The merger consolidated SBI's position as one of the largest banks in India and helped strengthen its balance sheet and national presence.
Merger of SBI and its Associates – with focus on Reserve Bank of India Policy of Bank Mergers, Benefits and Challenges of the SBI Merger and Impact of the Merger on Employees and Corporate Culture
The document discusses several mergers that have occurred in the Indian banking sector between 2004-2014. It provides details of four notable mergers:
1) In 2004, Global Trust Bank merged with Oriental Bank of Commerce. This increased OBC's branch network and allowed it to gain customers, but also lowered profits initially.
2) In 2008, Centurion Bank of Punjab merged with HDFC Bank. This expanded HDFC's network significantly but also came with challenges of integrating a bank with poorer asset quality.
3) In 2010, ICICI Bank merged with Bank of Rajasthan to strengthen its presence in northern and western India but had to address BOR's non-performing loans.
4) In
Merger & Acquisition of HDFC Bank with Centurian Bank of PunjabRohan Solanki
The slides show the details of the largest merger in Indian banking sector between HDFC Bank and CBoP.
The benifits and the side effects of the merger are also highlighted in the following presentation
1) Loans and advances are the most important aspect of any banking organization as they provide credit to customers. Different types of loans include consumer loans, housing loans, car loans, and education loans.
2) The document discusses the background and history of loans, which dates back thousands of years. It also outlines the objectives and scope of the study, which is focused on assessing interest rates on loan schemes and studying the growth and financial performance of loans and advances at a cooperative bank.
3) The methodology of the study involves collecting both primary and secondary data through methods like observation, interviews, annual reports, books, and the internet. The study has some limitations in scope and data accuracy.
A study on merger and acquisition on indian banking sectorvishwank123
The document discusses a study on mergers and acquisitions in the banking sector of India. It provides an overview of the banking industry and history of banking in India. It then outlines the objectives, scope, and limitations of the study, which focuses on analyzing the merger between Oriental Bank of Commerce and Global Trust Bank in 2004. The study examines the reasons for and impacts of mergers and acquisitions on employment, working conditions, and consumers in the Indian banking sector.
This document discusses the merger between ICICI Bank and Bank of Rajasthan in India. Some key points:
- ICICI Bank acquired Bank of Rajasthan through an all-share deal in 2008 to expand its network in northern and western India. The deal was valued at $668 million.
- The merger was a horizontal merger that provided benefits like economies of scale and increased competition. It helped ICICI Bank penetrate the Rajasthan market and strengthen its branch network.
- While the acquisition helped ICICI Bank gain low-cost deposits and a loan portfolio, it had to address issues like employee strikes and regulatory non-compliance at Bank of Rajasthan.
- Overall, the merger proved
Problems & prospects of merger and acquisition In Nepalapichek
This document discusses mergers and acquisitions (M&A) among banking and financial institutions (BFIs) in Nepal. It outlines reasons for M&A including liquidity crisis, capital requirements, and increased competition from an open financial market. Major provisions and problems related to M&A are described, such as due diligence audits, management issues, and valuation discrepancies. Several BFI mergers that have occurred in Nepal are listed. The document concludes that M&A can help firms survive but challenges include integrating culture and addressing unused problems from improper due diligence.
The document provides details about State Bank of India (SBI) merging with 5 of its associate banks on April 1, 2017. It lists the 5 associate banks as State Bank of Patiala (founded 1917), State Bank of Mysore (founded 1913), State Bank of Hyderabad, State Bank of Bikaner and Jaipur, and State Bank of Travancore. It also provides brief histories of State Bank of Patiala and State Bank of Mysore. The merger consolidated SBI's position as one of the largest banks in India and helped strengthen its balance sheet and national presence.
Merger of SBI and its Associates – with focus on Reserve Bank of India Policy of Bank Mergers, Benefits and Challenges of the SBI Merger and Impact of the Merger on Employees and Corporate Culture
The document discusses several mergers that have occurred in the Indian banking sector between 2004-2014. It provides details of four notable mergers:
1) In 2004, Global Trust Bank merged with Oriental Bank of Commerce. This increased OBC's branch network and allowed it to gain customers, but also lowered profits initially.
2) In 2008, Centurion Bank of Punjab merged with HDFC Bank. This expanded HDFC's network significantly but also came with challenges of integrating a bank with poorer asset quality.
3) In 2010, ICICI Bank merged with Bank of Rajasthan to strengthen its presence in northern and western India but had to address BOR's non-performing loans.
4) In
Merger & Acquisition of HDFC Bank with Centurian Bank of PunjabRohan Solanki
The slides show the details of the largest merger in Indian banking sector between HDFC Bank and CBoP.
The benifits and the side effects of the merger are also highlighted in the following presentation
1) Loans and advances are the most important aspect of any banking organization as they provide credit to customers. Different types of loans include consumer loans, housing loans, car loans, and education loans.
2) The document discusses the background and history of loans, which dates back thousands of years. It also outlines the objectives and scope of the study, which is focused on assessing interest rates on loan schemes and studying the growth and financial performance of loans and advances at a cooperative bank.
3) The methodology of the study involves collecting both primary and secondary data through methods like observation, interviews, annual reports, books, and the internet. The study has some limitations in scope and data accuracy.
A study on merger and acquisition on indian banking sectorvishwank123
The document discusses a study on mergers and acquisitions in the banking sector of India. It provides an overview of the banking industry and history of banking in India. It then outlines the objectives, scope, and limitations of the study, which focuses on analyzing the merger between Oriental Bank of Commerce and Global Trust Bank in 2004. The study examines the reasons for and impacts of mergers and acquisitions on employment, working conditions, and consumers in the Indian banking sector.
This document discusses the merger between ICICI Bank and Bank of Rajasthan in India. Some key points:
- ICICI Bank acquired Bank of Rajasthan through an all-share deal in 2008 to expand its network in northern and western India. The deal was valued at $668 million.
- The merger was a horizontal merger that provided benefits like economies of scale and increased competition. It helped ICICI Bank penetrate the Rajasthan market and strengthen its branch network.
- While the acquisition helped ICICI Bank gain low-cost deposits and a loan portfolio, it had to address issues like employee strikes and regulatory non-compliance at Bank of Rajasthan.
- Overall, the merger proved
Problems & prospects of merger and acquisition In Nepalapichek
This document discusses mergers and acquisitions (M&A) among banking and financial institutions (BFIs) in Nepal. It outlines reasons for M&A including liquidity crisis, capital requirements, and increased competition from an open financial market. Major provisions and problems related to M&A are described, such as due diligence audits, management issues, and valuation discrepancies. Several BFI mergers that have occurred in Nepal are listed. The document concludes that M&A can help firms survive but challenges include integrating culture and addressing unused problems from improper due diligence.
Merger and acquisition of BFIs in NepalUjjwal Chand
The document discusses mergers and acquisitions (M&A) of banks and financial institutions (BFIs) in Nepal. It provides background on the increasing number of BFIs in Nepal leading to requirements for mergers. It describes different types of mergers and defines mergers and acquisitions. The document outlines reasons for and benefits of M&A as well as impacts in the Nepalese context. It discusses the merger process and history of BFI mergers in Nepal, including details of the merger between Machhapuchchhre Bank and Standard Finance.
A look at the current trend in the banking and insurance industry in INDIA. We understand through this PPT the various opportunities and challenges the sector is facing. We also look at the Marketing Mix of 4 major banks ICICI, HDFC, SBI and IDBI.
SBI MERGER WITH ITS ASSOCIATES
Merger is a form of Corporate Restructuring which was recently done at SBI when it get merged with its 5 associate banks in the year 2017.
Synopsis - TO DETERMINE THE EXTENT OF NPA’S IN INDIA’S LEADING BANKSRishi Nigam
Non Performing Assets or NPA is one of the current hot topics in India. This is the synopsis for a project that I have undertaken. The objectives of project are to:
1) To determine the depth of NPA’s in ICICI, SBI and HDFC banks
2) To figure out the implications of NPA’s in the three banks
The full project will be uploaded soon.
Sources Used By J&K Bank in Recruitment ProcessAamir Sufi
This document provides information about a project report on the recruitment sources used by J&K Bank in Jammu and Kashmir, India. It includes sections on the history of J&K Bank, services provided by the bank, sources of recruitment, recruitment methods, constraints to recruitment, objectives and methodology of the study, analysis and findings. J&K Bank was established in 1938 and today has over 500 branches across India. It provides various banking and financial services and uses different sources and methods for recruitment like referrals, job portals, campus placements etc. The project aims to analyze the recruitment sources and process of J&K Bank.
This document is a project report submitted for a Master's degree in business administration. It provides an introduction and overview of the project which conducts a comparative study of home loan schemes offered by ICICI Bank and SBI Bank. It outlines the objectives of the study, which are to understand the concept of home loans, eligibility criteria, documentation processes, and innovative schemes. The document also provides background information on ICICI Bank and SBI Bank, an overview of typical home loan schemes and extensions, eligibility criteria, and the documentation required for evaluating home loan applications.
A Study on various loans provided by Bajaj Finserv with special reference to ...AMARESHKUMAR KAMBALE
This document summarizes a student's internship project at Arihant agency (ASSC) of Bajaj Finserv. The project involved studying the various loans provided by Bajaj Finserv, with a focus on unsecured loans. The student learned about the loan application and approval process, eligibility criteria, required documents, and interest rates for unsecured loans. Through this project, the student gained valuable insight into the banking industry and debt syndication processes. Bajaj Finserv provides various consumer loans including durable goods financing, lifestyle loans, personal loans, gold loans, and professional loans through its network of branches and business correspondents across India.
The document discusses the proposed merger of State Bank of India with its five subsidiary banks and Bharatiya Mahila Bank. It provides background on SBI and explains what a merger is. The proposed merger would make SBI one of the top 50 largest banks in the world by assets. However, some analysts believe the merger could initially increase SBI's operating costs and hurt profitability due to having to provide benefits to employees of the subsidiary banks. The merger aims to increase market share and competitiveness but may also be challenging to integrate different banks and their people, technology, products and branches.
This document provides an overview of credit risk management in State Bank of India. It discusses the objectives of the project which include understanding SBI's credit rating procedures, risk management activities, and guidelines from RBI. It also analyzes SBI's credit policies compared to competitors and provides recommendations such as reducing interest rates charged and increasing lending to agriculture. The summary highlights that credit risk management is important for banks and SBI has effective processes for managing this risk.
The document provides information about Axis Bank's products and services. It describes various retail banking facilities like ATMs, internet banking, loans, and cash management services. The cash management services help corporate customers in managing receivables through collection solutions and payments through options like bulk payments. It also discusses managing resources through liquidity management and managing taxes using CBDT and CBEC collection services.
Sri Ammembai Subba Rao Pai established the Canara Hindu Parliament Fund in 1906, which later became Canara Bank Ltd in 1910. Canara Bank was nationalized in 1969 and has since grown to over 1000 branches. It became the first Indian bank to receive ISO certification for its branch operations. Canara Bank has a vision to pursue best practices and a mission to provide quality banking services while being socially responsible. Currently, it has over 56,000 employees operating internationally. Canara Bank focuses on innovation, technology, and social/rural banking while facing challenges from competition and economic/policy changes.
This document is a winter internship report for Sattwik Ghosh at Bajaj Capital. It discusses the importance of the financial advisory sector in India and provides an overview of Bajaj Capital, the services it offers including financial products and assessments, and the methodology used in the internship project which focused on analyzing clients' financial planning and acquiring new clients.
FORECAST ANALYSIS ON SOUTH INDIAN BANK LIMITED WITH SPECIFIC REFERENCE TO ITS...VARUN KESAVAN
South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 839 branches, 4 service branches, 45 ext. counters and 20 Regional Offices spread across more than 27 states and 3 union territories in India. It has set up 1307 ATMs and 5 Bulk Note Acceptor/Cash Deposit Machines all over India.
The document provides information about Bank of Baroda including its head office location in Baroda, India, branch network statistics with over 3,459 branches in India and 86 overseas branches, and details of its business lines, financial performance, leadership, and awards received. Key facts presented include total business increasing to Rs. 534,116 crore for 2010-2011 and net profit growth of 38.7% for the year. The document also lists upcoming plans for Bank of Baroda to expand operations and venture into new business areas.
A PROJECT REPORT ON BCL'S FINANCIAL WORKSHOP DESIGN(1)Antareep Mahapatra
The document provides an overview of Bajaj Capital Limited, a financial services company based in India. It discusses Bajaj Capital's mission, vision, and offerings which include investment products like mutual funds and insurance as well as financial planning services. The company aims to help clients protect and grow their wealth through reliable financial advice and solutions. The project involved conducting a survey of Bajaj Capital clients to understand their financial needs and develop targeted promotional strategies and products. Key activities included segmenting clients, designing promotional campaigns, and identifying opportunities to strengthen client relationships.
The document discusses the Indian banking industry and IDBI Bank. It provides background on the structure and development of the Indian banking sector. It then discusses IDBI Bank specifically, noting that it is a major public sector bank. The document also analyzes factors influencing the performance of the banking industry and IDBI Bank, such as interest rates, government policies, and the economic environment. It examines current trends in the industry, including consolidation among private banks and continued reforms of public sector banks.
A case study on traininganddevelopment.sukesh gowda
This document provides an overview of HDFC Standard Life Insurance Company, including:
- It is a joint venture between HDFC, a leading Indian housing finance company, and Standard Life, a UK financial services firm.
- They offer a range of individual and group insurance solutions like protection, pension, savings, investment, and health.
- The company has 25 retail and 4 group products, as well as optional rider benefits, and serves over 720 cities through 595 offices and 207,000 financial consultants.
- The board of directors includes leaders from HDFC and Standard Life, as well as other professionals from finance and consulting backgrounds.
This document provides an analysis of the services marketing mix of State Bank of India (SBI). It discusses the 7 Ps of the services marketing mix as they relate to SBI. SBI is India's largest bank by assets and offers a wide range of personal and corporate banking products and services. The document outlines SBI's network presence across India and internationally. It then analyzes each element of the services marketing mix for SBI, including their products, pricing strategies, placement or distribution channels, promotion strategies, physical evidence, processes, and people. Key services offered by SBI and strategies employed for each marketing mix element are summarized.
The State Bank of India (SBI) is India's largest bank. It was founded in 1806 and nationalized by the Indian government in 1955. SBI has over 21,500 branches across India and 172 branches in 37 foreign countries. It has assets of over $369 billion and employs over 222,933 people, making it one of India's largest employers. SBI provides various banking services to individuals and businesses, including loans, deposits, credit cards, and investment services.
The document discusses mobile payment wallets, including what they are, different types of wallets, how funds are handled, benefits and drawbacks. It also provides terms and conditions, fees, marketing strategies and news for Paytm wallet. The document includes a survey about mobile wallet usage along with findings and areas for improvement.
State Bank of India (SBI) is India's largest commercial bank. It traces its origins back to the early 19th century. SBI provides various banking services including savings and checking accounts, loans, debit/credit cards, internet banking, and more. It has over 16,000 branches in India and 131 branches internationally. In 2017, SBI merged with five associate banks, creating a banking giant with over 24,000 branches and 270,000 employees. The merger made SBI's total assets over 37 trillion rupees, making it one of the largest banks in the world by assets.
Merger and acquisition of BFIs in NepalUjjwal Chand
The document discusses mergers and acquisitions (M&A) of banks and financial institutions (BFIs) in Nepal. It provides background on the increasing number of BFIs in Nepal leading to requirements for mergers. It describes different types of mergers and defines mergers and acquisitions. The document outlines reasons for and benefits of M&A as well as impacts in the Nepalese context. It discusses the merger process and history of BFI mergers in Nepal, including details of the merger between Machhapuchchhre Bank and Standard Finance.
A look at the current trend in the banking and insurance industry in INDIA. We understand through this PPT the various opportunities and challenges the sector is facing. We also look at the Marketing Mix of 4 major banks ICICI, HDFC, SBI and IDBI.
SBI MERGER WITH ITS ASSOCIATES
Merger is a form of Corporate Restructuring which was recently done at SBI when it get merged with its 5 associate banks in the year 2017.
Synopsis - TO DETERMINE THE EXTENT OF NPA’S IN INDIA’S LEADING BANKSRishi Nigam
Non Performing Assets or NPA is one of the current hot topics in India. This is the synopsis for a project that I have undertaken. The objectives of project are to:
1) To determine the depth of NPA’s in ICICI, SBI and HDFC banks
2) To figure out the implications of NPA’s in the three banks
The full project will be uploaded soon.
Sources Used By J&K Bank in Recruitment ProcessAamir Sufi
This document provides information about a project report on the recruitment sources used by J&K Bank in Jammu and Kashmir, India. It includes sections on the history of J&K Bank, services provided by the bank, sources of recruitment, recruitment methods, constraints to recruitment, objectives and methodology of the study, analysis and findings. J&K Bank was established in 1938 and today has over 500 branches across India. It provides various banking and financial services and uses different sources and methods for recruitment like referrals, job portals, campus placements etc. The project aims to analyze the recruitment sources and process of J&K Bank.
This document is a project report submitted for a Master's degree in business administration. It provides an introduction and overview of the project which conducts a comparative study of home loan schemes offered by ICICI Bank and SBI Bank. It outlines the objectives of the study, which are to understand the concept of home loans, eligibility criteria, documentation processes, and innovative schemes. The document also provides background information on ICICI Bank and SBI Bank, an overview of typical home loan schemes and extensions, eligibility criteria, and the documentation required for evaluating home loan applications.
A Study on various loans provided by Bajaj Finserv with special reference to ...AMARESHKUMAR KAMBALE
This document summarizes a student's internship project at Arihant agency (ASSC) of Bajaj Finserv. The project involved studying the various loans provided by Bajaj Finserv, with a focus on unsecured loans. The student learned about the loan application and approval process, eligibility criteria, required documents, and interest rates for unsecured loans. Through this project, the student gained valuable insight into the banking industry and debt syndication processes. Bajaj Finserv provides various consumer loans including durable goods financing, lifestyle loans, personal loans, gold loans, and professional loans through its network of branches and business correspondents across India.
The document discusses the proposed merger of State Bank of India with its five subsidiary banks and Bharatiya Mahila Bank. It provides background on SBI and explains what a merger is. The proposed merger would make SBI one of the top 50 largest banks in the world by assets. However, some analysts believe the merger could initially increase SBI's operating costs and hurt profitability due to having to provide benefits to employees of the subsidiary banks. The merger aims to increase market share and competitiveness but may also be challenging to integrate different banks and their people, technology, products and branches.
This document provides an overview of credit risk management in State Bank of India. It discusses the objectives of the project which include understanding SBI's credit rating procedures, risk management activities, and guidelines from RBI. It also analyzes SBI's credit policies compared to competitors and provides recommendations such as reducing interest rates charged and increasing lending to agriculture. The summary highlights that credit risk management is important for banks and SBI has effective processes for managing this risk.
The document provides information about Axis Bank's products and services. It describes various retail banking facilities like ATMs, internet banking, loans, and cash management services. The cash management services help corporate customers in managing receivables through collection solutions and payments through options like bulk payments. It also discusses managing resources through liquidity management and managing taxes using CBDT and CBEC collection services.
Sri Ammembai Subba Rao Pai established the Canara Hindu Parliament Fund in 1906, which later became Canara Bank Ltd in 1910. Canara Bank was nationalized in 1969 and has since grown to over 1000 branches. It became the first Indian bank to receive ISO certification for its branch operations. Canara Bank has a vision to pursue best practices and a mission to provide quality banking services while being socially responsible. Currently, it has over 56,000 employees operating internationally. Canara Bank focuses on innovation, technology, and social/rural banking while facing challenges from competition and economic/policy changes.
This document is a winter internship report for Sattwik Ghosh at Bajaj Capital. It discusses the importance of the financial advisory sector in India and provides an overview of Bajaj Capital, the services it offers including financial products and assessments, and the methodology used in the internship project which focused on analyzing clients' financial planning and acquiring new clients.
FORECAST ANALYSIS ON SOUTH INDIAN BANK LIMITED WITH SPECIFIC REFERENCE TO ITS...VARUN KESAVAN
South Indian Bank Limited (SIB) is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 839 branches, 4 service branches, 45 ext. counters and 20 Regional Offices spread across more than 27 states and 3 union territories in India. It has set up 1307 ATMs and 5 Bulk Note Acceptor/Cash Deposit Machines all over India.
The document provides information about Bank of Baroda including its head office location in Baroda, India, branch network statistics with over 3,459 branches in India and 86 overseas branches, and details of its business lines, financial performance, leadership, and awards received. Key facts presented include total business increasing to Rs. 534,116 crore for 2010-2011 and net profit growth of 38.7% for the year. The document also lists upcoming plans for Bank of Baroda to expand operations and venture into new business areas.
A PROJECT REPORT ON BCL'S FINANCIAL WORKSHOP DESIGN(1)Antareep Mahapatra
The document provides an overview of Bajaj Capital Limited, a financial services company based in India. It discusses Bajaj Capital's mission, vision, and offerings which include investment products like mutual funds and insurance as well as financial planning services. The company aims to help clients protect and grow their wealth through reliable financial advice and solutions. The project involved conducting a survey of Bajaj Capital clients to understand their financial needs and develop targeted promotional strategies and products. Key activities included segmenting clients, designing promotional campaigns, and identifying opportunities to strengthen client relationships.
The document discusses the Indian banking industry and IDBI Bank. It provides background on the structure and development of the Indian banking sector. It then discusses IDBI Bank specifically, noting that it is a major public sector bank. The document also analyzes factors influencing the performance of the banking industry and IDBI Bank, such as interest rates, government policies, and the economic environment. It examines current trends in the industry, including consolidation among private banks and continued reforms of public sector banks.
A case study on traininganddevelopment.sukesh gowda
This document provides an overview of HDFC Standard Life Insurance Company, including:
- It is a joint venture between HDFC, a leading Indian housing finance company, and Standard Life, a UK financial services firm.
- They offer a range of individual and group insurance solutions like protection, pension, savings, investment, and health.
- The company has 25 retail and 4 group products, as well as optional rider benefits, and serves over 720 cities through 595 offices and 207,000 financial consultants.
- The board of directors includes leaders from HDFC and Standard Life, as well as other professionals from finance and consulting backgrounds.
This document provides an analysis of the services marketing mix of State Bank of India (SBI). It discusses the 7 Ps of the services marketing mix as they relate to SBI. SBI is India's largest bank by assets and offers a wide range of personal and corporate banking products and services. The document outlines SBI's network presence across India and internationally. It then analyzes each element of the services marketing mix for SBI, including their products, pricing strategies, placement or distribution channels, promotion strategies, physical evidence, processes, and people. Key services offered by SBI and strategies employed for each marketing mix element are summarized.
The State Bank of India (SBI) is India's largest bank. It was founded in 1806 and nationalized by the Indian government in 1955. SBI has over 21,500 branches across India and 172 branches in 37 foreign countries. It has assets of over $369 billion and employs over 222,933 people, making it one of India's largest employers. SBI provides various banking services to individuals and businesses, including loans, deposits, credit cards, and investment services.
The document discusses mobile payment wallets, including what they are, different types of wallets, how funds are handled, benefits and drawbacks. It also provides terms and conditions, fees, marketing strategies and news for Paytm wallet. The document includes a survey about mobile wallet usage along with findings and areas for improvement.
State Bank of India (SBI) is India's largest commercial bank. It traces its origins back to the early 19th century. SBI provides various banking services including savings and checking accounts, loans, debit/credit cards, internet banking, and more. It has over 16,000 branches in India and 131 branches internationally. In 2017, SBI merged with five associate banks, creating a banking giant with over 24,000 branches and 270,000 employees. The merger made SBI's total assets over 37 trillion rupees, making it one of the largest banks in the world by assets.
The document discusses the Indian banking sector. It provides definitions and descriptions of the different types of banks in India including public sector banks which are government owned, private sector banks which are privately owned and focus on profit, and cooperative banks which are owned by customers. It also discusses the history of banking in India and lists the top 10 banks. It then provides more detail about the public sector bank State Bank of India and the private sector bank HDFC Bank, discussing their services, financials, and ratings/reviews.
CHAPTER:-1
INTRODUCTION OF THE STUDY
The report contains the brief description of the state bank of India. It contains the finding and analysis of the survey conducted to gather primary data to judge the importance of various attributes that influence the satisfaction of customer in different manner and to the different extent. These attributes are classified as initial experience, service delivery experience, relationship experience and grievance handling. Further an attempt has been made to know the overall satisfaction of the customer.
Customer satisfaction, a term frequently used in marketing, is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals. Customer service proves to be one of the most important factors governing business.
OBJECTIVE OF THE STUDY:-
• TO find out the customer feedback i.e. improvement required or suggestion.
• To find out the relationship between bank and the customer.
• To study the Satisfaction of customers towards the ― state bank of India.
• To Identify the factors that influences the customer behavior of ―state bank of India.
• To identify the factors those influence the selection of SBI banking services in MUMBAI DISTRICT.
SCOPE OF THE STUDY:-
The present study was undertaken to know the preference of the customer towards state bank of India (SBI). The problem of the customer is they are not aware of the services provided by their bank. The study also force on the customer perception that how the banking services can be improved. In my study I have used both primary sources of data as well as secondary sources of data.
• The study has been conducted on behalf of ―STATE BANK OF INDIA.
• The study is confined to the Mumbai region.
• The study covers the service providers and users of ―STATE BANK OF INDIA.
• The study has put forward the Customers as well as acceptability behavior for the services.
• The scope of the study is to find out the ―Customer Satisfaction
Limitations of the Study:-
The study report consists of few limitations:-
• The report has been conducted within a limited time frame.
• The study is self financed.
• The study is limited to the customer of Mumbai only.
• Only selected Branches and Banks have been considered for the study.
• Samples were selected conveniently.
• The sample size does not represent the total population.
• The sample of size is limited to 30 only and the sample size may not represent whole market.
LITERATURE REVIEW:-
The document discusses mergers and provides details about the merger between HDFC Bank and Centurion Bank of Punjab in 2009. It was one of the largest mergers in the banking sector in India. The merger added 394 branches and 19% more assets to HDFC Bank. It increased HDFC Bank's network making it the largest private bank in India. The merger provided synergies around products, management expertise, and geographic expansion. However, HDFC Bank had to write-off Rs. 70 crores to harmonize accounting policies between the two banks.
Credit risk management @ state bank of india project report mba financeBabasab Patil
This document provides an executive summary and background for a project on credit risk management at State Bank of India. It discusses the objectives to study the bank's credit rating procedures, risk management activities, and compliance with RBI guidelines. It also covers the methodology, findings and recommendations. Key findings include that SBI sanctions less credit to agriculture compared to competitors, has effective credit risk management processes, and could improve by reducing interest rates and lending more to indirect agriculture sectors.
A merger occurs when one company purchases another company of a similar size, transferring ownership and control to form a single new company. Companies usually merge when they feel they can accomplish more together than separately. There are three main types of mergers: horizontal, vertical, and conglomerate. Mergers can take place through purchasing assets, purchasing common shares, exchanging shares for assets, or exchanging shares for shares. Reasons for mergers include increasing market share, achieving economies of scale, diversifying risk, and pursuing future goals or expansion of business.
Mergers and acquisitions involve the combination of two or more companies. Mergers see the merging companies fully integrate to form an entirely new company, while acquisitions see one company purchase another but maintain separate operations. Mergers and acquisitions allow companies to achieve synergies, diversify, grow, and eliminate competition. Common types of mergers include horizontal, vertical, market extension, product extension, and conglomerate mergers. India has seen several large M&A deals over the years across various industries.
CII suggests a 6 Point Agenda to the Government to further recapitalize the Public Sector Banks (PSBs). A prudent combination of any or all these recommendations will go a long way in easing the PSBs of the NPA overhang by infusing capital and creating the necessary momentum for credit growth in the economy.
MERGERS AND ACQUISITIONS IN INDIAN BANKING SECTORRaku Daku
This document provides an overview of mergers and acquisitions that have occurred in the Indian banking sector. It discusses several major mergers such as HDFC Bank and Times Bank in 1999, ICICI Bank acquiring Bank of Madura, and Global Trust Bank merging with UTI Bank. The motives for mergers are discussed, including improving competitiveness and shareholder value. Recommendations from the Narasimham Committee on banking reforms are summarized, including that mergers should not be used to bail out weak banks but could help strong banks. In conclusion, the Indian banking sector has generally destroyed shareholder wealth while mergers of strong banks tend to create value.
- The Indian banking industry is at a critical juncture and faces both opportunities and challenges over the next decade. Ten major trends will shape the industry.
- Mortgages are expected to grow rapidly and cross Rs. 40 trillion by 2020 driven by rising incomes and changing demographics. Wealth management will also see 10x growth as wealth gets concentrated among the rich.
- "The Next Billion" customer segment earning Rs. 90,000-200,000 annually will be the largest group and demand low-cost banking solutions to serve them profitably. Meeting this demand and other expectations like financial inclusion pose significant challenges for banks over the coming decade.
1) Yes Bank faced a crisis in 2020 when the RBI placed it under moratorium due to high levels of bad loans and a deteriorating financial position.
2) The RBI capped withdrawals at Rs. 50,000 per account for a month due to issues such as poor governance and an inability to raise fresh capital.
3) A revival plan was announced where SBI would acquire a 49% stake in Yes Bank and inject capital, while other investors would purchase the remaining shares. This aimed to address the bank's troubled finances and restore depositors' confidence.
This document appears to be a project report on mergers and acquisitions in the Indian banking sector. It discusses several bank mergers that have occurred in India, including HDFC Bank and Times Bank, ICICI Bank and Bank of Madura, and Global Trust Bank and UTI Bank. It analyzes the motives and benefits of mergers, such as increasing competitiveness and shareholder value. The report also examines the recommendations of the Narasimham Committee on banking reforms regarding consolidation in the sector through mergers between strong banks. Overall, the document provides an overview of mergers and acquisitions that have taken place in the Indian banking industry.
Alm in banks by Prabin kumar Parida, MFC, Utkal UniversityPrabin Kumar Parida
The document provides an overview of State Bank of India (SBI), the largest bank in India. It discusses SBI's history, operations, subsidiaries, international presence, management team, vision, mission and values. Some key points:
- SBI is India's largest bank with over 16,000 branches and assets of $388 billion as of 2013.
- It has domestic operations across India as well as an international presence with over 180 overseas offices.
- SBI has five associate banks and several non-banking subsidiaries that provide services like insurance, cards, and investment banking.
- The document outlines SBI's management structure and leadership team.
Yes, I think the merger between Kotak Mahindra Bank and ING Vysya Bank would help the Indian banking industry for the following reasons:
1. It leads to consolidation in the banking sector by reducing the number of players. This helps strengthen the overall banking system by creating larger and more robust banks that are better able to withstand financial shocks.
2. The combined entity gains significant synergies from an expanded branch network, larger customer base, and greater resources. This allows it to offer more products and services to more customers across India.
3. Consolidation through mergers reduces unnecessary competition and helps banks improve their operational efficiencies through economies of scale. This can help lower costs and improve profitability over the
Credit risk @ sbi project report mba financeBabasab Patil
This document provides an executive summary and background of a project on credit risk management at State Bank of India. The objectives are to study the bank's structure, credit rating procedures, risk management activities, and regulatory guidelines. The methodology includes collecting primary data through interviews and secondary data from publications. Key findings are that SBI sanctions less agricultural credit than competitors and has effective risk management. Recommendations include revising credit policies, lowering interest rates, and increasing agricultural lending. The conclusion is that the project increased knowledge of credit policies and risk management.
Merger of public sector banks & it’s impact on private sector banksANKUSH PAL
In Indian banking sector Mergers and acquisition has become admire trend throughout the country.
A large number of public sector banks and other banks are engaged in mergers and acquisition activities in India.
The main motive behind mergers in the banking sector is to harvest the benefit of economics of scales.
Mergers can be a large source of growth in any economy but particularly in one that’s comparatively stagnant and mired in deep uncertainty.
This document provides an initiating coverage report on IDFC FIRST Bank Ltd by Arihant Capital Markets Ltd. It summarizes the background of IDFC FIRST Bank, which was formed through the merger of IDFC Bank and Capital FIRST in 2018. The report highlights that the bank has rapidly increased its retail portfolio from 34.6% to 53.6% of total assets since the merger. It recommends buying the stock with a target price of Rs 37, as the bank's retail focus, strong management, and provisions taken against legacy assets reduce future risk.
Analysis of Facebook’s Acquisition of Whatsappsnigdha sarkar
The document discusses the reverse merger of ICICI Ltd. with ICICI Bank in 2002, which created India's first "Universal Bank". It provides background on both companies, including their establishment and operations. The key reasons for the merger included taking advantage of ICICI Bank's access to lower-cost deposit funds, diversifying risks by becoming a financial conglomerate offering multiple services, addressing ICICI Ltd.'s asset-liability mismatch issues from falling interest rates, realizing operational synergies, and tapping growing domestic wealth. The merger combined the companies' complementary strengths in long-term financing and retail/SME banking.
The document discusses the need to establish development financial institutions in India to facilitate long-term financing. It notes that existing institutions like IFCI, ICICI, and IDBI focused on term financing but faced challenges raising long-term funds at affordable costs. Establishing new government-owned institutions with access to concessional financing could fill gaps in long-term project financing left by commercial banks. However, such institutions would need exemptions from reserve requirements to make their loans cost-competitive. The document concludes by arguing that development financial institutions can play a vital role in supporting industry and economic development by providing long-term financing, especially for infrastructure projects.
The document summarizes key points from a meeting with India's Ministry of Finance on developments in the banking sector and upcoming reforms. It notes that the government remains committed to adequately capitalizing public sector banks and that bank performance evaluations will increasingly emphasize qualitative productivity parameters over growth. Recommendations to improve employee productivity at public sector banks are also being considered. The document expresses that these steps are moving in the right direction if properly executed.
Copy of credit risk management_in_state_bank_of_indiaRaaj Sambhodhan
1) The document discusses credit risk management at State Bank of India. It provides background on credit risk and outlines the objectives of studying credit risk management practices at SBI.
2) Key findings include that SBI sanctions less credit to agriculture compared to competitors and has effective credit risk management processes. Recommendations include reducing interest rates and expanding credit to indirect agriculture sectors.
3) The conclusion is that the project helped gain knowledge of SBI's credit policy and risk management practices, and that SBI is working to expand credit across sectors in line with RBI guidelines.
A project report on credit risk @ sbi project report mba finance By Babasab ...Babasab Patil
This document provides an overview of credit risk management at State Bank of India. It begins with an executive summary and background on credit risk. It then outlines the objectives, methodology, findings, recommendations, and conclusion of the project. The key points are that the project studied credit risk management procedures at SBI and found that its procedures are effective compared to other banks. It provided recommendations such as reducing interest rates and increasing lending to priority sectors like agriculture.
Business Development Strategies in DCCB (Dr. Rajiv P. Kumar)Dr. Rajiv P. Kumar
This document provides an overview of business diversification strategies in cooperative banks in India. It begins with introducing cooperative banks and how they differ from commercial banks. It then discusses the history and role of cooperative banks in India. The document outlines some of the challenges faced by cooperative banks that have led them to pursue diversification strategies. It identifies reasons for cooperative banks to diversify their business and lists some of the advantages and disadvantages of diversification. Finally, it describes different types of business diversification strategies cooperative banks can pursue, including horizontal, vertical, concentric, and conglomerate diversification.
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.
3rd sem nmims solved assignments june 2021rachitvishnoi1
The HR manager argues that job descriptions are not needed when the company frequently changes product lines and recruits multi-skilled professionals. However, job descriptions are important for compensation management as they define the roles, responsibilities, skills and expectations of a position. This allows for fair assessment of employee performance and determination of appropriate compensation. Without clear job definitions, compensation risks being inconsistent and inequitable. The HR manager's view undermines the principles of compensation management.
Analysis of Credit Worthiness in Working CapitalVidish Tantia
This document summarizes an analysis of credit worthiness in working capital. It begins by acknowledging those who supported the author's project experience at Kotak Mahindra Bank. It then provides background on the bank, describing its history as the first company in India to convert to a bank. The document goes on to define key concepts of working capital management, including gross working capital, net working capital, and the factors that determine working capital requirements such as nature of business, size of business, market conditions, operations, and credit policies. It concludes by describing some common products used for working capital, including cash credit and overdraft facilities.
Dive into this presentation and learn about the ways in which you can buy an engagement ring. This guide will help you choose the perfect engagement rings for women.
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Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Herman Kienhuis
Presentation by Herman Kienhuis (Curiosity VC) on developments in AI, the venture capital investment landscape and Curiosity VC's approach to investing, at the alumni event of Amsterdam Business School (University of Amsterdam) on June 13, 2024 in Amsterdam.
Navigating the world of forex trading can be challenging, especially for beginners. To help you make an informed decision, we have comprehensively compared the best forex brokers in India for 2024. This article, reviewed by Top Forex Brokers Review, will cover featured award winners, the best forex brokers, featured offers, the best copy trading platforms, the best forex brokers for beginners, the best MetaTrader brokers, and recently updated reviews. We will focus on FP Markets, Black Bull, EightCap, IC Markets, and Octa.
Starting a business is like embarking on an unpredictable adventure. It’s a journey filled with highs and lows, victories and defeats. But what if I told you that those setbacks and failures could be the very stepping stones that lead you to fortune? Let’s explore how resilience, adaptability, and strategic thinking can transform adversity into opportunity.
[To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
This PowerPoint compilation offers a comprehensive overview of 20 leading innovation management frameworks and methodologies, selected for their broad applicability across various industries and organizational contexts. These frameworks are valuable resources for a wide range of users, including business professionals, educators, and consultants.
Each framework is presented with visually engaging diagrams and templates, ensuring the content is both informative and appealing. While this compilation is thorough, please note that the slides are intended as supplementary resources and may not be sufficient for standalone instructional purposes.
This compilation is ideal for anyone looking to enhance their understanding of innovation management and drive meaningful change within their organization. Whether you aim to improve product development processes, enhance customer experiences, or drive digital transformation, these frameworks offer valuable insights and tools to help you achieve your goals.
INCLUDED FRAMEWORKS/MODELS:
1. Stanford’s Design Thinking
2. IDEO’s Human-Centered Design
3. Strategyzer’s Business Model Innovation
4. Lean Startup Methodology
5. Agile Innovation Framework
6. Doblin’s Ten Types of Innovation
7. McKinsey’s Three Horizons of Growth
8. Customer Journey Map
9. Christensen’s Disruptive Innovation Theory
10. Blue Ocean Strategy
11. Strategyn’s Jobs-To-Be-Done (JTBD) Framework with Job Map
12. Design Sprint Framework
13. The Double Diamond
14. Lean Six Sigma DMAIC
15. TRIZ Problem-Solving Framework
16. Edward de Bono’s Six Thinking Hats
17. Stage-Gate Model
18. Toyota’s Six Steps of Kaizen
19. Microsoft’s Digital Transformation Framework
20. Design for Six Sigma (DFSS)
To download this presentation, visit:
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𝐔𝐧𝐯𝐞𝐢𝐥 𝐭𝐡𝐞 𝐅𝐮𝐭𝐮𝐫𝐞 𝐨𝐟 𝐄𝐧𝐞𝐫𝐠𝐲 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐍𝐄𝐖𝐍𝐓𝐈𝐃𝐄’𝐬 𝐋𝐚𝐭𝐞𝐬𝐭 𝐎𝐟𝐟𝐞𝐫𝐢𝐧𝐠𝐬
Explore the details in our newly released product manual, which showcases NEWNTIDE's advanced heat pump technologies. Delve into our energy-efficient and eco-friendly solutions tailored for diverse global markets.
NIMA2024 | De toegevoegde waarde van DEI en ESG in campagnes | Nathalie Lam |...BBPMedia1
Nathalie zal delen hoe DEI en ESG een fundamentele rol kunnen spelen in je merkstrategie en je de juiste aansluiting kan creëren met je doelgroep. Door middel van voorbeelden en simpele handvatten toont ze hoe dit in jouw organisatie toegepast kan worden.
The Genesis of BriansClub.cm Famous Dark WEb PlatformSabaaSudozai
BriansClub.cm, a famous platform on the dark web, has become one of the most infamous carding marketplaces, specializing in the sale of stolen credit card data.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
How are Lilac French Bulldogs Beauty Charming the World and Capturing Hearts....Lacey Max
“After being the most listed dog breed in the United States for 31
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Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
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Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
1. Vol 1 Iss 1 Paradise infocreative project developing center
2. Vol 1 Iss 1 Paradise infocreative project developing center
It gives me Immense pleasure to present the issue of Paradise 1.0 the magazine of Paradise infocreative project developing center.The magazine
represents the voice of professionals .It is heartening to see the response of different authors.I would like to applaud all the authors on their
efforts in putting forward their ideas. It gives me great pride to introduce Paradise magazine issues every month. Our Paradise magazine team’s
efforts seem to be paying off and our readers seem to be hooked onto our magazine. At Paradise infocreative project developing center we try to
acquire as much knowledge as we can and we try and share it with everyone. I sincerely hope that paradise 1.0 will reach new heights with the
unmatched enthusiasm and talent of the entire Paradise Team. From the point of view of our magazine, we look forward to have more readers
and have more contributions from our new readers. Paradise 1.0 is a platform to share and acquire knowledge and develop ourselves into
integrative managers. It is our earnest desire to disseminate our knowledge and experience with the society at large.
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Paradise infocreative project developing Center
3. Vol 1 Iss 1 Paradise infocreative project developing center
Introduction
Consolidation of banks is in the air again, with State Bank of India (SBI) set to merge with five of its associate banks - State Bank of Bikaner &
Jaipur (SBBJ), State Bank of Hyderabad (SBH), State Bank of Mysore (SBM), State Bank of Patiala (SBP) and State Bank of Travancore (SBT).
The merger of SBI associates is part of an ambitious plan of the Government to set up one large Indian bank in the consortium of global banking
4. Vol 1 Iss 1 Paradise infocreative project developing center
colossus. Since, India has a fragmented domestic banking industry, the proposal of the Government is that India needs stronger banks, not scores
of banks. The eventual intention of the Indian government is to reduce the number of PSBs from the current 27. In the past too, the SBI has
merged two of its former associated banks with it - Bank of Saurashtra in 2008 and the State Bank of Indore in 2010. The latest merger will
create an economic behemoth with assets worth Rs. 37 lakh crore ($ 550 billion), including fixed assets of the associate banks worth Rs. 4,000
crore.The associate banks have approximately 5,400 branches and 63,000 employees.
Proposition
The issue of bank consolidation was projected by the regime in March at a summit of bankers and government officials where various matters
pertaining to banks were debated.In his Budget speech this year, the Finance Minister, Arun Jaitley had said that a structured plan for
consolidation of public sector banks (PSBs) would be projected. All bankers sustained the idea of integration among public sector banks and that
the state called for a handful of big banks instead of a great bit of little banks.What has bolstered the circumstance for such mergers at this step is
the requisite to permeate capital in state-owned banks that are laden by a heftyheap of non-performing assets—the consequence of an economic
decline that made it tough for many over-extended corporate debtors to repay debt. Earlier, the argument that favored consolidation was capital
efficiencythat is the government would have had to shell out more for several banks from the same group, hence consolidation would support.
But today, NPA (non-performing asset) management and rapid resolution seem to be the reasonsoperational in favor of consolidation.
Long-term benefits
The merger is a great move and would strengthen the group. There are certain long-term benefits that SBI can obtain from the merger. For
instance, the total market share of SBI is 17-18 per cent while that of the entire group put together is approximately 22-23 percent. The
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merger could also provide opportunities to cross-sell products. SBI’s aggressive approach to grow its retail products as well as fee income will
wipe out the prospects of its associates. Moreover, a merger with the associates shouldn’t aggravate bad loans problems of SBI. Since the
increase in bad loans will be slower than advances, the consolidation will expectedly improve the situation marginally.Besides making SBI more
efficient, it will be of enormous value. The group will receive the benefit of all synergies. Also, the total worth of fixed assets of the associate
banks is around Rs 4,000 crore, which will escalate the capital. The bank has a balance sheet of Rs 28 lakh crore which is expected to grow to Rs
37 lakh crore after the merger. All in all, the synergies being united in one place are going to be affirmative.
Short-term pain
The proposal of the Indian Government to consolidate the country’s Public Sector Banks leads to threats that, in the present-day fragile
economic environment, could counterbalance the impending long-term benefits. From a credit perspective, industry consolidation would have
certain advantages such as strengthening the bargaining power of the banks, helping save costs and reconstructing administration and corporate
governance across the banking system. However, these potential benefits are dwarfed by numerous downside risks.Clearly, the merger will reap
long-term benefits, but it will be accompanied by short-term pain. The move will certainly lead to higher operating costs in the near-term for
SBI. Arundhati Bhattacharya, the Chairman of SBI,quoted in the media that employee costs are expected to leap by Rs 23 crore a month.Though
SBI would have benefits of scale and a larger balance sheet, integration of staff and rationalisation of branches will be a major challenge. The
employees at SBI are entitled to apension, provident fund, and gratuity while those at associate banks do not receive contributory provident
finance.Hence, aligning the pay structures will be an important aspect of rationalisation of employees. Internal arrangement and negotiations will
actually determine the actual incremental employee cost.The varied employee benefit structures and a synchronisation of accounting policies for
NPA recognition will have an immediate negative impact. In summation, there is a huge pressure on the asset quality of these banks. While the
consolidated valuations influence the asset quality stress adequately, an essential distress rests on the estimate it pays to merge these banks with
it. Branch rationalization will also be a medium- to long-term benefit. But there will be obstacles which SBI and the government will have to
overcome, relating to theintegration of workforce, restructuring job profiles and remuneration of staff.
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Challenges
The merger of banks presents its own unique challenges. The scale of the task is essential given the total staff strength. SBI offers suggested the
desire to comprehend the merger within 2016-17. While India’s most ascertainable financial institution might cultivatevital things about a more
stable equilibrium bed sheet,it will be a serious concern to integrate the personnel and streamline branches. The execution of the merger might be
threatened by solid staff marriage. A few weeks ago, workers, labour unions from the related financial institutions carried out a one-day strike
and also have threatened to launch a larger demonstration throughout.The biggest challenge in any merger is always integration of human
resources, because the employees have a lot of apprehension and trepidation. There is always a concern that impending prospects and
opportunities will plummet. Many of these apprehensions are unsubstantiated. Also, the customers will be apprehensive of the merger as they
will fear not getting the same kind of personalised attention. The Bank is required to reduce their fear, and provide them an assurance that if they
were getting personalized consideration, they will continue to receive the same. Not only that, SBI will have to instil in the minds of its
customers that post-merger they will get far better reach, far better products because state-of-the-art products will be simultaneously rolled out at
all of these institutions. The bank will encounter the challenge of restoring the confidence of their customers in their services post the
merger.Moody’s Investors Service says, since 2012 the banking system of India has witnessed an upsurge in stressed assets, with the
consequence that currently no public sector bank has the financial strength to undertake a role of the consolidator without putting its own credit
standing at risk. As a matter of fact, the banks’ deteriorated metrics and feeble performance mean that they are encountering teething troubles to
meet the minimum regulatory requirements without capital assistance from the Centre. Consequently, only a few PSBs have the surplus capital
required to procure profoundly sized peers.
Conclusion
The new entity will throw light on interesting neglected issues. SBI is identified as India’s key domestic systematically important bank by the
Reserve Bank of India which is too big to fail in simple terms. Hence, SBI may require infusion of more funds than has been committed by the
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Centre so far. But such challenges must not be used to sabotage the palpable advantages of merger.Though, having a few large banks to get
scale, and get synergy is important, but in no way is the consolidation of banks going to improve their asset quality in any manner in the short
run. Also, the requirement for capital will still be there.Not only these, but also various other factors including trade unions, technology, business
model and HR need to be taken into consideration for the merger.According to banking industry observers and experts, the case for merging
some of the public sector banks is very low when compared to their global peers.SBI is India’s biggest commercial bank but is still ranks only 67
in the global front. The proposed merger is likely to create one of the largest lenders in Asia.The combined entity will create a banking
behemoth, which can compete with the biggest in the macrocosm.
References:
http://www.business-standard.com/article/finance/merger-may-hurt-sbi-s-near-term-profitability-116051800034_1.html
https://www.sbi.co.in/
http://www.financialexpress.com/industry/banking-finance/cabinet-approves-merger-of-5-associate-banks-with-sbi/285715/
BhavyaRastogi ,IIM Shillong
bhavya16@iimshillong.ac.in
8. Vol 1 Iss 1 Paradise infocreative project developing center
GST or the Goods and Services tax has been passed by Rajya Sabha and the amended one by Lok Sabha on August 08, 2016. It will be
implemented from April 1, 2017. To comment upon who are the winners and losers in this race, let us first understand what this bill all about is.
The GST or officially known as The constitution (one hundred and twenty second amendment) Bill, 2014, proposes a national value added tax to
be implemented and aims be a comprehensive indirect tax on manufacture, sales and consumption of goods and services. It will replace all the
taxes levied by the state and central governments on goods and services and therefore, effectively bring down their cost in the country.
Economists have predicted economic growth of India to rise by almost 0.8%.This introduction of GST in the indirect taxation of India is a great
step towards success. This is the tax for every citizen of the country. It will replace the tangle of tariff imposed by the centre and the different
states. Both these taxes will be collected at the point of sale and will be charged on manufacturing costs. Once GST is in place, the companies
won’t even need the VAT registration from the states’ sales tax department. The Goods and Services tax will subsume a number of tax, therefore
effectively bringing down the cost of goods and services in the country.The traders involved in the supply chain will get benefitted from the GST
laws as it will reduce the complexity of taxation processes. Since the transaction cost would sharply fall, this will facilitate the smooth movement
of goods across the country. It would improve the ease of starting and doing the business.Once GST is implemented, the prices of goods and
services will get lowered as the tax rates get lower. There will be more money collected in the form of GST and so, the government would have
more money to spend on the infrastructure of the country which would ultimately, benefit the citizens. This would also help them in enhancing
9. Vol 1 Iss 1 Paradise infocreative project developing center
their living conditions.Also with a uniform tax structure under GST, the ‘Make in India’ campaign, will get a fillip, by making Indian goods
competitive globally. Also it will reduce compliance cost and make the time taken for refunds shorter. This will thus, have an overall favorable
impact for the exporters in terms of working capital funds and compliance, this would indirectly help in boosting exports. Also, uniformity in tax
rates and procedures will give the much needed confidence to foreign firms that are looking at investing in India. Inflation would get lower as
goods account for 70 percent of the CPI basket. It is probable that GST will boost India’s indirect tax to GDP ratio.A GST Council has been
formed within consisting of representatives from the Centre as well as State. The Council will have to make recommendations to the Union
Government and the States on model Goods & Service tax laws, also place of Supply rules rates including floor rates with bands of goods &
service tax and any other matter relating to GST as the Council may decide. Detailed outline of a joint Committee constituted by empowered
committee of the various state Finance Ministers on return and registration refund, business processes of payment under GST have been devised
and put in the public domain for suggestions. In terms of growth, price and current account, the macroeconomic impact of introduction of GST
will be significant. Although there will be a short-term narrow price impact on the larger economy. However, a larger impact is expected on the
administrative compliance cost of GST which is expected to increase the tax revenue from “parallel” or “black” economy. With a flourishing
services sector and a high economic growth trajectory of India, a shift in income- based tax to consumption-based tax is going to provide
substantial stimulus to source of revenue.
Deepyan Ghosh ,NMIMS Banglore
deepayan.ghosh15@nmims.edu.in
10. Vol 1 Iss 1 Paradise infocreative project developing center
We are at the forefront of digitaltransformation as the banking sector is getting more and more competitive with incumbent banking players and
financial institutions offering wide range of retail banking loans.The growth of retail lending in banks is attributable to proliferating technology
and automation of business processes along with rise in mobile banking. India is now the world’s third largest market for smartphones and will
reach 314 million mobile web users by 2017. As per BCG analysis, an average bank transaction through a branch costs 40-50 INR whereas a
mobile transaction costs 0.20 INR.More than 1 billion citizens came onto the digital grid through India’s Universal ID project in five and a half
years, making it the fastest digital service growth in history. For Banks, growing cost advantage made the service industry move from a physical
model to a digital one.
The new drivers of Retail banking technology:
According to CEB, as customers migrate to digital channels, heads of retail banking estimate that by 2017 nearly 50% of total sales will need to
come from outside the branch in order to meet goals.Less than 20% of retail IT leaders are confident in how quickly their firms can improve
their digital offerings and customer experience.Loyalty is no longer about emotional connections amidst the technology revolution. To build
relationships, banks need to focus on what really drives loyalty in the digital world and how well their products, services, and technology meet
customer needs.IT spending by banking firms in the mature Asia/Pacific region will reach $22 billion dollars in 2016, a 0.47 percent increase
from 2015, according to Gartner.Digital transformation initiatives will fuel spending on mobile/online and data analytics services as well as
11. Vol 1 Iss 1 Paradise infocreative project developing center
investment and partnerships with fintech startups.A recent report from Accenture reported a surge in investment in Asia Pacific fintech firms
throughout 2015, quadrupling to $4.3 billion from about $880 million in all of 2014.
Top Challenges which haunt Retail banking:
Greater TAT for various line of business
Lack of multiple delivery channel support to reach new customers and market segments
Acquiring new customers and responding to their needs
Inefficient collection strategies
Banks need to get ahead of these challenges with a clear vision by investing in technology in order to streamline processes using Process
reengineering, risk reduction using Business process mapping tools with less rework at each stage of product release. Customer interaction
should be managed consistently across channels. If a customer switches from one channel to another mid-way through a service request, then
that 'hand-over' process should be managed in a way that does not waste the time the customer has already invested.Multi-channel strategies
should encourage self-service capability and refocus branch and contact centre staff on higher value-added activities like relationship building
and sales.FinnOne Neo provides omni-channel banking: a seamless and consistent customer experience across and between all channels.With
growing competition it is imperative for banks to offer an interactive and consistent online banking experience coupled with high-quality branch
banking service. In order to achieve faster time to market and improve TAT between various processes,Finnone Neo has Workflow based credit
appraisal and sanctioning process with quick Turnaround Time (TAT)does anticipate the customer needs well in advance. Over the period banks
have implemented various reporting and descriptive analytic systems like the CRM, accounting systems, data mining systems which have
resulted into multiple disparate systems.
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But now the need of the hour is to use business analytics for predicting delinquency well in advance and save on recovery costs for the bank.By
riding on the new digital wave, FinnOne Neo helps financial institutions to overcome these challenges by providing fully compliant loans and
lines of credit to their consumer and small businesses. Using this technology platform which operates under the control of each financial
institution, account holders are able to complete the entire online loan application on a computer or mobile phone and get approval and account
set up in just minutes, vastly improving TAT and overall the lending experience. The solution will enable financial institutions to provide
affordable loans to account holders without losing them to non-traditional, non-bank lenders.
Mufaddal Dahodwala,Senior Product Analyst,PMG
Mufaddal.dahodwala@nucleussoftware.com
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Women Empowerment Ads. Stereotype or Effective?
Women all over the world deserve respect. One of the type of homo sapiens who can prove that NOTHING IS
IMPOSSIBLE. I believe that if a woman can birth to a new being, then there is no such thing that she cannot do. Still,
in many parts of Earth, she is treated as inferior. The long-time patriarchal rule is one of the reasons that has led to this
narrow minded thinking among some of the males who feel that women would not be able to compete with them. But
now, the era has changed. Women all over the world have proved it that they have the courage to fight with men. To
promote women’s achievements, women empowerment ads are being created so that those who are still asleep and
have not woken up and smelt the coffee can see how things are different now.
We have some brave advertisers who portray women and girls in a new light, focused on breaking down stereotypes like From Always Like A
Girl to Nike's Better For It, women are being encouraged, celebrated, held up not for how they look but for what they can accomplish.
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These ads leave impressions. Women ages 18 to 34 are twice as likely to think highly of a brand that made an empowering ad and nearly 80
percent more likely to like, share, comment and subscribe after watching one. Recently, we saw DEEPIKA PADUKONE doing an ad on women
empowerment titled “my choice”. The ad was effective in waking the people up that it is a girl’s decision to choose what she believes is perfect
for her. The message was loud and clear and generated huge response of 10,542,543 views.
Women empowerment ads should continue to be made till the time the people who still have a stereotype thinking about women start to see a
change in their thought process. These ads will be effective when we will see a change in behaviour towards women and the women start
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believing that their exists a world in which they are respected and treated with dignity and make them feel safe. Women are the real architects of
the society.
ABHINAV MALIK
IFMR
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India is dedicated to investment promotion and facilitation. (FDI) is plays a major source of non-debt financial resource for the economic
development of India. Foreign companies invest in India to take advantage of relatively lower wages, special investment privileges such as tax
exemptions, etc. For a country where foreign investments are being made, it also means achieving technical know-how and generating
employment.It provides granulated, sector-specific and state-specific information to a foreign investor, assists in expediting regulatory
approvals, and offers hand-holding services. India is one of the fastest growing economies in the world and has emerged as a key destination for
foreign investors in recent years. The relaxation in the FDI policy in sectors such as petroleum and natural gas, commodity exchanges, power
exchanges, stock exchanges, asset reconstruction companies, single brand product retail trading, telecom and courier services is the result of
India’s persuasion of a more liberal investment outlook.India has emerged as top investment destination in BPI 2015 compared to previous 6th
position held in the 2014 index. It should be noted that high ranking in this index indicates high returns and improving economic institutions.
India was able to top in this edition of BPI because of high growth forecasts, perceptions of corruption down and investor friendly polices. India
has retained its position as the third most preferred investment destination behind the US and China and could attract higher (FDI) in 2016 even
as global flows are expected to fall. India has moved up a notch to rank sixth most promising source of investment. In 2016, FDI inflows
to BRICS countries could increase 10% on average to $270–290 billion, the Unctad report estimates.
About Baseline profitability index (BPI) :
The ranking based on a BPI is determined by assuming three factors which affect the ultimate success of a foreign investment. These factors are
how much the value of an asset grows; the ease of repatriation of proceeds from selling the asset and the preservation of that value while the
asset is owned. The index combines measures for each of these factors into a summary statistic to determine country’s basic attractiveness for
investment. Thus, this index compares how local conditions and policies affect the same investment in different countries. It also helps to
determine the value of the principal and the return will change depending only on where the investment
Market size
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According to Department of Industrial Policy and Promotion (DIPP), the total FDI investments India received in FY 2015-16 (April 2015-March
2016) was US$ 40 billion, indicating that government's effort to improve ease of doing business and relaxation in FDI norms is yielding
results.Data for FY 2015-16 indicates that the services sector attracted the highest FDI equity inflow of US$ 6.9 billion, followed by the
computer hardware and software sector (US$ 5.9 billion). Most recently, the total FDI equity inflows for the month of March 2016 touched US$
2.47 billion as compared to US$ 2.12 billion in the same period last year.During FY 2015-16, India received the maximum FDI equity inflows
from Singapore at US$ 13.69 billion, followed by Mauritius (US$ 8.35 billion), USA (US$ 4.19 billion), Netherlands (US$ 2.64 billion) and
Japan (US$ 2.61 billion). Healthy inflow of foreign investments into the country helped India’s balance of payments (BoP) situation and
stabilised the value of rupee.FDI in India witnessed an increase of 29 per cent and reached US$ 40 billion during April 2015-March, 2016 as
compared to US$ 30.93 billion in the same period last year.According to the data released by Grant Thornton India, the total merger and
acquisitions (M&A) and private equity (PE) deals in the month of April 2016 were valued at US$ 5.5 billion (100 deals), which is 2.2 times
higher as compared to April 2015.India has also overtaken China as world's top foreign direct investment (FDI) destination with US$ 63 billion
of FDI announced in 2015 including high-value project announcements across the coal, oil and natural gas, and renewable energy sectors.
Government Initiatives
The Government has amended the FDI policy regarding Construction Development Sector. The amended policy includes easing of area
restriction norms, reduction of minimum capitalisation and easy exit from project. Further, in order to give boost to low cost affordable housing,
it has been provided that conditions of area restriction and minimum capitalisation will not apply to cases committing 30 per cent of the project
cost towards affordable housing.Relaxation of FDI norms are expected to result in enhanced inflows into the Construction Development sector
consequent to easing of sectoral conditions and clarification of terms used in the Policy. It is likely to attract investments in new areas and
encourage development of plots for serviced housing given the shortage of land in and around urban agglomerations as well as the high cost of
land. The measure is also expected to result in creation of much needed low cost affordable housing in the country and development of smart
cities.
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Economic prosperity holds the key
Domestic demand largely drives India’s growth. This, in turn, is powered by the growing middle class, young consumers and rising disposable
incomes. While consumption has been rising, investment has been flagging, which could hurt the recovery process. The government needs to
massively increase infrastructure investment. This calls for freeing the banks of bad loan so that they can start lending fresh for the economy to
grow. Sustained economic prosperity coming from higher GDP growth will increase the propensity of the middle-class to spend more.
ROAD AHEAD
Foreign investment inflows are expected to increase by more than two times and cross the US$ 60 billion mark in FY15 as foreign investors start
gaining confidence in India’s new government, as per an industry study. "Riding on huge expectations from the incoming Modi government,
global investors are gung ho on the Indian economy which is expected to witness over 100 per cent increase in foreign investment inflows – both
FDI and FIIs – to above US$ 60 billion in the current financial year, as against US$ 29 billion during 2013-14," according to the study.India will
require around US $1 trillion in the 12th Five-Year Plan (2012–17), to fund infrastructure growth covering sectors such as highways, ports and
airways. This requires support in terms of FDI.
Sydney, proprietor
Paradise Infocreative project developing Center
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In extensive Big Data application foundation conveying items offer undertakings to make, send, some assistance with running and oversee
information applications. A ton of open source application improvement devices working for demonstrated application advancement stage for
building huge information applications on Hadoop Distributed File System. An application created for taking care of the huge information
utilizing open source tools execution administration item conveying extraordinary operational perceivability and control for big business
enormous information applications. In large Big Data application infrastructure delivering products help enterprises to create, deploy, run and
manage data applications. A lot of open source application development tools working for proven application development platform for building
big data applications on Hadoop and HDP, and Driven. Hadoop, an open source venture facilitated by the Apache Software Foundation,
conveys three noteworthy advantages to the universe of expository handling, they are First minimal effort, in light of the fact that Hadoop is
open source programming that keeps running on merchandise servers, it profoundly changes the budgetary comparison for putting away and
preparing extensive volumes of information in any event as far as in advance authorizing costs. With Hadoop, associations can at long last store
all the information they produce in its crude structure without justifying its business esteem in advance. This makes a minimal effort arranging
and refining region and cultivates more noteworthy information investigation and reuse. Second it is for burden and go, that is contrasted and
social databases, Hadoop does not oblige engineers to change over information to a particular configuration and composition, for example, fields
with fixed data types, lengths, labels and relationships to load and store it rather, Hadoop is a heap and go environment that handles any
information arrangement and paces load cycles, which is basic when it take terabytes of information. Hadoop has couple of negative marks; it is
not an information administration arrangement. It is basically a 1.0 item that is missing numerous basic elements of modern evidence
information preparing environment strong security, a widespread metadata index, reinforcement programming, rich administration utilities and
in-memory parallel pipelining. Numerous BI merchants including database, information coordination and reporting and examination sellers are
attempting to incorporate with Hadoop, making it less demanding to get to, control and inquiry Hadoop information than is as of now
conceivable with local Apache programming. The fast converging of customary BI and Hadoop situations makes another systematic biological
community that grows the ways associations can successfully abuse information for business pick up. Big data is being generated by everything
around us at all times. Every digital process and social media exchange produces it. Systems, sensors and mobile devices transmit it. Big data is
arriving from multiple sources at an alarming velocity, volume and variety. To extract meaningful value from big data, you need optimal
processing power, analytics capabilities and skills.
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New skills are needed to fully harness the power of big data. Though courses are being offered to prepare a new generation of big data experts,
it will take some time to get them into the workforce. Meanwhile, leading organizations are developing new roles, focusing on key challenges
and creating new business models to gain the most from big data. Big Data has the potential to help companies improve operations and make
faster, more intelligent decisions. This data, when captured, formatted, manipulated, stored, and analyzed can help a company to gain useful
insight to increase revenues, get or retain customers, and improve operations.
Is Big Data a Volume or a Technology?
While the term may seem to reference the volume of data, that isn't always the case. The term Big Data, especially when used by vendors, may
refer to the technology (which includes tools and processes) that an organization requires to handle the large amounts of data and storage
facilities. The term is believed to have originated with Web search companies who needed to query very large distributed aggregations of
loosely-structured data.
S. Haseena
Thiruvalluvar University College of Arts and Science, Tamil Nadu, India
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Sydney
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Amsa Sangara Naygi
Suchila
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