Axis Report.doc NEW

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• A

Practical Training Report

ON

Analyze of Loan Assessment Process

Undertaken at

JAIPUR

Submitted in partial fulfilment for the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

2010-11

SUBMITTED TO:

SUBMITTED BY:

UNIVERSITY OF RAJASTHAN

ANIL KUMAR SHARMA

B.B.A. 3

rd

YEAR

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VIDYASHTALI INSTITUTE OF TECHNOLOGY, SCIENCE &

MANAGEMENT, JAIPUR

Preface

Finance acts as a tool against all products determine which targets the organization can serve best, and designs appropriate role of mass marketing and advertising and disconcerting erosion of brand loyalty.

these drastic Finance is the business function that identifies financial functions and products, services and programs to serve these markets. However, finance is much more than just an isolated business functioning- it is the philosophy that guides the entire organization. technological changes, we are witnessing a power shift, from manufacturing to giant retailers, a rapid growth and acceptance of store brands, new retails forms rowing consumer’s .

Today’s markets are changing at an incredible pace. In addition to globalization and price and value sensitivity, a diminishing changes. Finance is an orderly and insightful process for thinking about planning for market

.

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Acknowledgement

Summer training is one of the most vital and active part of the curriculum of management students. Its basic idea behind this is to strengthen the student’s concept through practical training and make them acquainted with actual method and procedures. I did the work as a management trainee at AXIS Bank Limited for a period of six weeks starting from 18th_{May, 2010.}

I would like to extend my heartfelt gratitude to Mr. Navneet Rally Branch Manager, for his proper guidance throughout the project. Without his support and cooperation I would have failed in my endeavours and targets in the summer training.

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EXECUTIVE SUMMARY

The financial year 2007-08 will be remembered as a year of transformation in the history of the Bank, when the name of the Bank changed to Axis Bank from UTI Bank. The conviction that it was worthwhile to invest in building a brand that would solely be our own helped to create a distinct id entity. The name Axis Bank connotes solidity and transcends geographical boundaries as we seek to become a multinational bank. The Bank was successful in establishing a new identity in the market in a short span of time. The Bank once again met with considerable success over the past year and achieved all its key objectives. This encouraging performance not only underscored the sustain ability of the Bank’s high tempo of growth, but also helped to move closer to its objective of being one of the more customer-focused banks in the country. This is reflected in the robust growth in both business and revenue during 2007-08 and in various financial parameters. During 2007-08, the Bank's business and earnings continued to show high growth, indicative of a clear strategic focus, the communication of corporate priorities to branches across the country, and finally the execution of these goals through intensive efforts. The Bank reported a net profit of Rs. 1,071.03 crores during the year ended 31st March 2008, up 62.52%, from Rs. 659.03 crores in the previous year. Diluted earnings per share (EPS) were Rs.31.31 per share, up 37.38 % from Rs. 22.79 per share a year earlier. Return on Equity (ROE) was 16.09% compared to 21.84% a year earlier. The decline in ROE was primarily on account of the raising of fresh equity capital during the financial year. Return on Average Assets was 1.24%, compared to 1.10% in the previous year.

In 2007-08, the Bank achieved a total income of Rs. 8,800.80 Crores, up 60.84 % from 2006-07. During this period, operating revenue was Rs. 4,380.84 crores, up 76 .76% from the previous year, while operating pro fit was up by 76.12% to reach Rs.2,225.92 crores. The strong growth in income was largely driven by a strong increase in both net interest income by 76.07% to Rs. 2,585.35 crores, and fee and other income by 77.75% to Rs. 1,795.49 crores. The strong income growth reflects the solid business growth across all banking segments and the successful execution of growth initiatives. The strong growth in incomes was partly offset by an increase in operating expenses, including depreciation, by 77.42% to Rs. 2,154.92 crores. The increase in operating expenses primarily reflects the higher costs incurred as a result of increased business levels that include additional sales and service personnel and higher variable compensation. Additional expenses incurred to support the growth initiatives of the Bank (including network expansion as well as the re-branding exercise) also contributed to the increase in operating expenses.

As a conscious strategy of building an organic growth engine during the year, the Bank continued to expand it s distribution network, in both domestic and oversea s geographies, to enlarge its reach and accelerate its business momentum. The Bank has developed a branch network which is built

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on customer-convenience and service, helping it particularly in the acquisition of low-cost retail deposits, retail assets, lending to agriculture, SME and mid-corporate and facilitating the cross-selling of third-party products.

Serial

No.

Particular

1. Introduction to Banking Industry

Early History

Nationalized Bank In India

Private Sector bank In India

2. About Company: AXIS BANK

Retail Banking

Corporate Banking

3. Credit Policy/ Easy Credit Card

4. Loan Assessment

1. Home Loan

2. Personal Loan

3. Loan Against Property

4. Auto Loan

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5. Recommendations & Suggestions

Objective of Study

Scope of Study

Importance of Study

Facts & Findings

6. Research Methodology

KYC(Know Your Customer) Guideline

7. Conclusion

8. SWOT Analysis

9. Questionnaire

10. Bibliography

1.INTRODUCTION TO BANKING INDUSTRY

Banking In India: Overview:

Banking in India originated in the first decade of 18th century. The first banks were The General Bank of India, which started in 1786, and Bank of Hindustan, both of which are now defunct. The oldest bank in existence in India is the State Bank of India, which originated in the "The Bank of Bengal" in Calcutta in June 1806. This was one of the three presidency banks, the other two being the Bank of Bombay and the Bank of Madras. The presidency banks were established under charters from the British East India Company. They merged in 1925 to form the Imperial Bank of

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India, which, upon India's independence, became the State Bank of India. For many years the Presidency banks acted as quasi-central banks, as did their successors. The Reserve Bank of India formally took on the responsibility of regulating the Indian banking sector from 1935. After India's independence in 1947, the Reserve Bank was nationalized and given broader powers.

Early History:

The first fully Indian owned bank was the Allahabad Bank, established in 1865. However, at the end of late-18th century, there were hardly any banks in India in the modern sense of the term. The American Civil War stopped the supply of cotton to Lancashire from the Confederate States. Promoters opened banks to finance trading in Indian cotton. With large exposure to speculative ventures, most of the banks opened in India during that period failed. The depositors lost money and lost interest in keeping deposits with banks. Subsequently, banking in India remained the exclusive domain of Europeans for next several decades until the beginning of the 20th century. Foreign banks too started to arrive, particularly in Calcutta, in the 1860s. The Comptoire d'Escompte de Paris opened a branch in Calcutta in 1860, and another in Bombay in 1862; branches in Madras and Pondicherry, then a French colony, followed. Calcutta was the most active trading port in India, mainly due to the trade of the British Empire, and so became a banking centre.

The Bank of Bengal, which later became the State Bank of India.

Around the turn of the 20th Century, the Indian economy was passing through a relative period of stability. Around five decades had elapsed since the Indian Mutiny, and the social, industrial and other infrastructure had improved. Indians had established small banks, most of which served particular ethnic and religious communities.

The presidency banks dominated banking in India. There were also some exchange banks and a number of Indian joint stock banks. All these banks operated in different segments of the economy. The exchange banks, mostly owned by Europeans, concentrated on financing foreign trade. Indian joint stock banks were generally under capitalized and lacked the experience and maturity to compete with the presidency and exchange banks. This segmentation let Lord Curzon to observe, "In respect of banking it seems we are behind the times. We are like some old fashioned sailing ship, divided by solid wooden bulkheads into separate and cumbersome compartments."

By the 1900s, the market expanded with the establishment of banks such as Punjab National Bank, in 1895 in Lahore and Bank of India, in 1906, in Mumbai - both of which were founded under private ownership. Punjab National Bank is the first Swadeshi Bank founded by the leaders like Lala Lajpat Rai, Sardar Dyal Singh Majithia. The Swadeshi movement in particular inspired local businessmen and political figures to found banks of and for the Indian community. A number of banks established then have survived to the present such as Bank of India, Corporation Bank, Indian Bank, Bank of Baroda, Canara Bank and Central Bank of India.

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Banking System in India is dominated by nationalized banks. The nationalization of banks in India took place in 1969 by Mrs. Indira Gandhi the then prime minister. The major objective behind nationalization was to spread banking infrastructure in rural areas and make available cheap finance to Indian farmers. Fourteen banks were nationalized in 1969. Before 1969, State Bank of India (SBI) was the only public sector bank in India. SBI was nationalized in 1955 under the SBI Act of 1955. The second phase of nationalization of Indian banks took place in the year 1980. Seven more banks were nationalized with deposits over 200 crores.

List of Public Sector Banks in India is as follows:

➢ Allahabad Bank ➢ State Bank of India (SBI) ➢ State Bank of Indore ➢ State Bank of Mysore ➢ State Bank of Patiala ➢ State Bank of Saurashtra ➢ State Bank of Travancore ➢ Syndicate Bank

➢ UCO Bank ➢ Union Bank of India ➢ United Bank of India s ➢ Vijaya Bank

➢ Andhra Bank ➢ Bank of Baroda ➢ Bank of India ➢ Bank of Maharashtra ➢ Canara Bank ➢ Central Bank of India ➢ Corporation Bank ➢ Dena Bank

➢ Indian Bank ➢ Indian Overseas Bank ➢ Oriental Bank of Commerce ➢ Punjab and Sind Bank

➢ Punjab National Bank ➢ State Bank of Bikaner & Jaipur ➢ State Bank of Hyderabad

Private Banks in India:

All the banks in India were earlier private banks. They were founded in the pre-independence era to cater to the banking needs of the people. But after nationalization of banks in 1969 public sector banks came to occupy dominant role in the banking structure. Private sector banking in India received a fillip in 1994 when Reserve Bank of India encouraged setting up of private banks as part of its policy of liberalization of the Indian Banking Industry. Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector.

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made banking more efficient and customer friendly. In the process they have jolted public sector banks out of complacency and forced them to become more competitive.

List of Private Sector Banks in India is as follows:

1Bank of Rajasthan ➢Bharat Overseas Bank 2Axis Bank ➢Catholic Syrian Bank 3Centurion Bank of Punjab ➢Dhanalakshmi Bank

4Federal Bank ➢HDFC Bank

5ICICI Bank ➢IDBI Bank

6IndusInd Bank ➢ING Vysya Bank 7Jammu & Kashmir Bank ➢Karnataka Bank

8Karur Vysya Bank ➢Kotak Mahindra Bank 2SBI Commercial and International ➢South Indian Bank

Bank ➢UTI Bank 9United Western Bank

10YES Bank

2.About Company : AXIS BANK

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On July 2007 UTI Bank rebrand as Axis Bank

Promoters:

Unit Trust Of India (UTI)

Life Insurance Corporation (LIC) General Insurance Corporation (GIC) National Insurance Company Limited New India Assurance Company Limited The Oriented Insurance Company Limited United India Insurance Company Limited

Capitalization:

359 crore Public Holding = 57.60%

Registered Office:

Ahmadabad

Central Office:

Mumbai

Total Branches:

827

ATM:

3595

Bank Strengths:

Retail Banking Corporate Banking

Directors:

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Shri N.C. Singhal Director Shri J.R. Varma Director Dr. R.H. Patil Director Smt. Rama Bijapurkar Director Shri R.B.L. Vaish Director Shri M.V. Subbiah Director Shri Ramesh Ramanathan Director Shri K. N. Prithviraj Director

Auditors:

M/s. S. R. Batliboi & Co. Auditors Chartered Accountants

Registrar and Share Transfer Agent:

M/s. Karvy Computershare Private Limited

Axis Bank is one of the fastest growing banks in the country and has an extremely competitive and profitable banking franchise evidenced by:

Competitor:

Private Sector competitor:

HDFC ICICI

Public Sector competitor:

SBI PNB

Profile:

Comprehensive portfolio of banking services includes Corporate Credit, Retail Banking, Business Banking, Capital Markets, Treasury and International Banking.

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The Position as on 31st March 2009 was as under:

-Balance Sheet Size Rs 1,47,722 crore Total Deposits Rs 1,17,374 crore Net Advances Rs 81,557 crore Investments Rs 46,330 crore

Net NPA 0.35%

Capital Adequacy Ratio 13.69% %

Axis Bank has in place a sound technological platform:

Sound technological platform with centralized database and operations enabling 24*7*365 ‘Anywhere Banking’, in order to render the best customer service to its 5.5 million customer base.

Mission and Values:

1Customer Service and Product Innovation tuned to diverse needs of individual and corporate clientele.

2Continuous technology up gradation while maintaining human values. 3Progressive globalization and achieving international standards. 4Efficiency and effectiveness built on ethical practices.

5Customer Satisfaction through

6Providing quality service effectively and efficiently

7"Smile, it enhances your face value" is a service quality stressed on 8Periodic Customer Service Audits

9Maximization of Stakeholder value

10Success through Teamwork, Integrity and People

Vision:

To be the preferred financial solutions provider excelling in customer delivery through insight, empowered employees and smart use of technology

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The Bank continued with its thrust on customer segmentation in the retail liabilities business to spearhead growth during the financial year 2008-09. Savings Bank deposits grew to Rs. 25,822 crores on 31st March 2009 from Rs. 19,982 crores as on 31st March 2008 showing a year on year growth of 29%.

The Priority-Banking offering of the Bank has led the growth in the Savings Bank deposits. Other savings products, especially those for senior citizens, for women and for NRIs have contributed strongly to the overall growth of the savings bank deposits.

Savings Bank Product

Growth in Savings

Bank Balances

Growth in number of

Accounts

Priority Banking (High Net worth)

100% 108%

Savings Accounts for

Trusts 133% 39%

Savings Accounts for NRI 262% 80% Senior Privilege (Affluent

Senior Citizens) 29% 46%

Smart Privilege (Savings Accounts for Women)

73% 50%

Salary Power (Pay Roll

Account) 38% 28%

Easy Access (Base Savings Bank Account)

49% 26%

Corporate Banking:

The Business Banking Department (erstwhile Institutional Business Department) was set up in the year 2000, with the objective of having a special cell to serve the institutional and corporate clientele of the Bank. Business Banking initiatives revolve around transaction banking services to garner Business Current Accounts, Cash Management Service mandates, Government Business - Collection & Payment Services. As a natural corollary, scope of the business was extended this year to Business loans for Small Businesses so that all product and services to small business

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enterprises are comprehensively made available.

The Department presently focuses on the four broad areas through the

respective Business Groups, as under:

Business Current Accounts Business Assets

Cash Management Services Government Business

Corporate Credit:

Current Account deposits grew by 24% yoy, from Rs. 20,045 crores as at end March’08 to Rs. 24,822 crores as at end March’09. The daily average Current Account balances over the year grew by 24% yoy. The Corporate Credit portfolio of the Bank comprising advances to large and midcorporates grew by 68.33% to Rs. 29,026 crores from Rs. 17,244 crores a year ago. This includes advances at overseas branches amounting to Rs. 5,381 crores (equivalent to USD 134 million) comprising in main the portfolio of Indian corporates and their subsidiaries, as also trade finance. Credit exposures are taken based on risk analyses and mitigation measures, with proposals being subjected to critical scrutiny by the Bank's Risk Department. Efforts are made to constantly upgrade the skills required for faster turnaround of credit proposals and structuring of financial products. In addition to working capital loans, the Bank also takes long-term exposures to infrastructure and manufacturing projects set up by reputed industry groups. Relationship groups in the Bank are organised with an industry sector focus for better evaluation of specified risks. The credit policy of the Bank has also put in place ceilings on exposures to various industries with a view to containing concentration risk and facilitating portfolio diversification.

AXIS Bank’s Current Accounts:

The basic product for mobilizing such deposits is a Current Account. The Bank offers a range of current account products to meet the needs of the various customer segments such as Small

Enterprises, Trade, Exporters, Corporate and institutions. The various Current Accounts offered by the Bank

are:-Hospitality Current Normal Current Account Business Advantage Account

Business Classic Account Business Privilege Account Channel One

Current Account for Govt Organisations Current Account for Banks

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Capital Market Current Account Krishi Current Account

Business Global Current Account Club 50 Current Account

Shipping and Maritime Current Account Inland Road Transport Current Account Travel, Tourism and Account

3.Credit Policy/Easy Credit Card

What is Easy Credit Card?

A Credit Card that is... Easy for customers to get! Easy for us to sell!

Why is it “Easy” for the Customer?

1Flexible Credit Limit (Up to 80% of the FD amount) 2High Cash Withdrawal Facility

3Minimum Documentation (No Income Proof/KYC required) 4Fast Delivery of the Card

5Substantially Lower Interest Rate of 1.95% p.m. 6Guaranteed Approval

7Free Credit Period of 20-50 days 8Comprehensive Insurance

9Attractive Reward Points

10Other benefits of a regular credit card

Easier than Other Modes of Payment

Easier than Other Credit Cards

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Guaranteed Approval No Income Proof required Lower interest rate

Credit Limit of choice

Higher Cash withdrawal facility

Easier than Debit Cards

Interest free credit period of up to 50 days Higher Insurance Package

Ease of Online & MOTO transactions

Easier than O/D against FD

Interest free credit period of up to 50 days Reward Points

Complimentary Insurance Record of transactions

Easier than Cash

Convenience of Plastic Complimentary Insurance Reward Points

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Variants:

Available in three variants:

Easy Platinum Premium (In sourcing locations only) Easy Platinum

Easy Gold

Pricing:

Type

Joining Fee

Annual Fee*

Annual Fee Waiver

for Year 2

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Platinum

Premium 5,000 1,000

Customer Spends > Rs. 2,00,000 in Year 1

Platinum 1,000 500 Customer Spends_{> Rs. 2,00,000 in Year 1}

Gold Nil 100 (Year 2 _onwards) Customer Spends_{> Rs. 50,000 in Year 1} * Annual Fee can be adjusted against Reward Points

4.Loan Assessment

Loan assessment means to evaluate that “To whom i.e. customer, we are providing loan and Is he able to repay it or not.” After analyzing the criteria standardised by the company and also which is listed below company decide the amount which is to be provide to customers

.

Loan Types:

Home loan Personal Loan

Loan against Property Auto loan

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Agriculture Loan

Home Loan:

Home Loan

Criteria

Salaried Individual

Professionals

Self Employed

_Individuals

Min. work exp

(Yrs)

2 (3 if current emp <1

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Min net income

(Rs.)

15000pm 1.50 lacs pa

Min ~ Max age

(Yrs)

>24 ~ <= than

superannuation at loan termination

>24 ~ <= 65 at loan termination

Min ~ Max Tenor

(Mths)

Maximum 240 Maximum 240 Maximum 240

Maximum LTV

80%

Clubbing of

Income

Allowed for spouse only

Pre payment

penalty

NIL

Processing fee

0.5% of loan amt + Service Tax as applicable

Other Products / Variants

Takeover of

existing HL from

other financier

(Balance Transfer)

Allowed

Refinance Option

Allowed for properties purchased in last 6 months

Documents required for Home Loan:

Proof of Identity, Signature & Age:

Passport Voter's Card Driving License PAN card

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Photograph

Proof of Residence:

Ration Card Passport

Latest Electricity Bill Latest Telephone Bill Latest Credit Card Bill.

Proof of Income:

Latest 3 salaries slip showing all deductions IT Returns

Computation of income

Balance Sheet and P/L A/c for the last 2 years certified by a C.A.

Bank Statement:

Last 6 months where salary/income is credited

Proof of Qualification:

Degree / Diploma - proof of professional qualification

Interest Rate

:

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Up to Rs. 20 Lacks 11.00% p.a. Above Rs. 20 Lacks 11.25% p.a.

Other terms & conditions:

The property should be located within 50 Km radius of nearest Branch/RAC. Properties under HUF, Properties inherited under Hindu succession act, Godowns, Factories & Hospitals, Cinema Halls, Restaurants, Banquet Halls, and Schools will not be financed under the scheme. For Purchase of Residential Plots within Municipal / Government approved layouts only Agricultural land, commercial plots, properties under HUF, properties inherited under Hindu succession act, plots under litigation and acquisition by Public authorities will not be financed under plot loan scheme. Loan against property (LAP) will be offered only against fully constructed properties.

Personal Loan:

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Criteria

Salaried Individual Normal

Interest rate as per

category

As per category grid

Min. work exp (yrs)

1

Min net income

(Rs. p.m.)

15,000

Min ~ Max age

> 21 & < superannuation at loan termination

Min ~ Max loan amt

(Rs.)

1- 10 lakes (1 lakes loan is only available for customers having salary power relationship)

Min ~ Max Tenor

(months)

12 ~ 60 (For CAT C and D employees maximum tenor is 48 months)

Security / Collateral /

Guarantor

Optional

Cat A & B - Last 3 months Cat C & D - Last 6 mths

Phone

landline / mobile / WLL mandatory

Processing fee

2% of loan amt

Eligibility calculation

Max loan = (Net monthly income - obligations) x Multiplier. _{Multiplier varies from 5 to 13 depending upon tenure.}

Present residence => 6 months

if < 6 months, then it should be company provided, own house, transfer case or else local guarantor mandatory.

Permanent Residence (PR) proof mandatory (a) For Bachelor / spinster staying alone, FI of PR if RAC is present or Tele verification. (b) For all loan cases > Rs. 3 lac

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Criteria

Salaried Individual Prof (MBA, Engineer, Architect,

_{CA, CS, ICWA)}

Interest rate as per

category

Min. work exp (yrs)

1

Min net income

(Rs. p.m.)

15,000

Min ~ Max age

> 21 & < superannuation at loan termination

Min ~ Max loan amt

(Rs.)

1 - 15 lac (1 lakh loan is only available for customers having salary power relationship)

Min ~ Max Tenor

(mths)

12 ~ 60

Security / Collateral /

Guarantor

Optional

Cat A & B - Last 3 mths Cat C & D - Last 6 mths

Phone

Processing fee

2% of loan amt

Eligibility calculation

Max loan =(Net monthly income - obligations) x Multiplier. Multiplier varies from 5 to 15 depending upon tenure. Present residence => 6 months

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spinster staying alone, FI of PR if RAC is present or Tele verification. (b) For all loan cases > Rs. 3 lac

Degree / Diploma - proof of professional qualification`

Criteria

Salaried Doctors

Interest rate as per

category

Doctor in Cat B/C/D at a min of MBBS/BDS/ MS/MD = Cat B rate

Min. work exp (yrs)

3

Min net income

(Rs. p.m.)

15,000 (gross)

Min ~ Max age

>24 and <65 at loan termination

Min ~ Max loan amt

(Rs.)

1 - 15 lac (1 lakh loan is only available for customers having salary power relationship)

Min ~ Max Tenor

(mths)

12 ~ 60

Security / Collateral /

Guarantor

Optional

Banking relationships

Last 6 mths

Phone

Processing fee

2% of loan amt

Eligibility calculation

Max loan = (Gross monthly salary - obligations) x Multiplier. Multiplier varies from 5 to 15 depending upon tenure.

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Permanent Residence (PR) proof mandatory (a) For Bachelor / spinster staying alone, FI of PR if RAC is present or Tele verification. (b) For all loan cases > Rs. 3 lac

Proof of Qualification

Degree, Registration with respective state medical councils Or _{Dentists Association.}

For Self Employed Individual:

Criteria

Self Employed Doctors

Interest rate as per

category

Cat A rate

Min. work exp (yrs)

2

Min net income

(Rs. p.m.)

Business has to be profitable for last 2 yrs with min gross receipt of Rs. 2.4 lac p.a. for large RAC & Rs.1.8 lac p.a. for smaller RAC

Min ~ Max age

Min ~ Max loan amt

(Rs.)

1.25 lacs - 20 lac

Min ~ Max Tenor (mths)

12 ~ 48

Security / Collateral /

Guarantor

Above 65 years of age co borrower/ collateral mandatory

Phone

Landline/ mobile/ WLL at res. & Office. If own house, then _{office & res. can be same}

Banking relationships

Last 6 mths

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Eligibility calculation

Max loan= 0.6 Times annual gross receipts or 6 times eligible annual income. Eligible income= Avg of last two yrs' NP and Dep less obligations.

Residence

if < 12 months, then it should be parents or own house. Same as salary customer and 3rd_{Party Guarantor manadot} Spinster

Processing fee

2% of loan amt

Proof of Qualification

Degree, Registration with respective state medical councils Or _{Dentists Association.}

Criteria

Self Emp. Prof. (MBA, Engineer, Architect, CA, CS,

_ICWA)

Interest rate as per

category

Min. work exp (yrs)

3

Min net income

(Rs. p.m.)

Min. annual eligible income Rs. 1, 50,000 p.a. for larger locations & for others Rs. 1,00,000 p.a.

Min ~ Max age

Min ~ Max loan amt

(Rs.)

1.25 lacs - 15 lac

Min ~ Max Tenor

(mths)

12 ~ 48

Security /Collateral /

Guarantor

Optional

Banking relationships

Last 6 mths. Average bank balance for past 6 mths should be greater than or equal to 1.5 times of proposed EMI. Average monthly balance as of 1st, 10th and 30th of the month. Minimum 10 entries for large RACs and 5 entries for all other

RACs/Branches (where RAC is not present), in banking in each of the past 6 mths. Entries in a month are to be counted as a

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summation of all credits and debits.

Phone

Landline/ mobile/ WLL at res. & off. If of own house, then off. & _{res. can be same}

Banking relationships

Last 6 mths

Eligibility calculation

Max loan= Eligible income x Multiplier of max 5. Eligible income=

Avg of last two yrs' NP and Dep less obligations.

Residence

Processing fee

_{2% of loan amt}

Proof of Qualification

Degree / Diploma - proof of professional qualification

Employment Proof

• Shops & Establishments Act Certificate • SSI registration certificate

• Sales Tax Certificate

• Lease/rental agreement for the commercial property from where the business is operated.

• Any other proof in the form of

licenses/certificates/challans/bills, etc from a Government agency.

Criteria

Self Employed Normal (Indv. & Sole Prop)

Interest rate as per

category

Min. work exp (yrs)

3

Min net income

(Rs. p.m.)

Min. annual eligible income of Rs. 2 lac

Min ~ Max age

(29)

Min ~ Max loan amt

(Rs.)

1.25 lacs - 15 lac

Min ~ Max Tenor

(mths)

12 ~ 48

Security / Collateral /

Guarantor

Optional

Banking relationships

Last 6 months. Average bank balance for past 6 months should be greater than or equal to 1.5 times of proposed EMI. Average monthly balance as of 1st, 10th and 30th of the month. Minimum 10 entries for large RACs and 5 entries for all other ACs/Branches (where RAC is not present), in banking in each of the past 6

months. Entries in a month are to be counted as a summation of all credits and debits.

`Phone

Landline/ mobile/ WLL at res. & Office. If own house, then office _{& res. can be same}

Eligibility calculation

Max loan= Eligible income x Multiplier max 2.5. Eligible income= _{Avg of last two yrs' NP and Dep less obligations.}

Residence

Processing fee

2% of loan amt

Employment Proof

Business Continuity Proof of last 2 years, documents such as: • Shops & Establishments Act Certificate

• SSI registration certificate • Sales Tax Certificate

• Lease/rental agreement for the commercial property from where the business is operated.

• Any other proof in the form of licenses/certificates/challans/bills, etc from a Government agency.

Documentation:

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Proof of Identity,

Signature & Age

Passport/ Voter's Card/ Driving License/ PAN card & Photograph.

Proof of Telephone

Bill

Latest bill of landline/ mobile/ WLL stating name of borrower or address of borrower.

Proof of Residence

Ration Card/ Passport/ Latest Electricity Bill/ Latest Telephone Bill/ _{Latest Credit Card Bill.}

Proof of Income

Latest salary slip showing all deductions and Last 2 years Form 16 along with current dated salary certificate

IT Returns for the last 2 years and Computation of income for the last 2 years certified by a CA, For Docs only - Balance Sheet, Profit & Loss Statement.

Bank Statement / Pass

Book where salary is

Credited

Cat A & B - Last 3 months,

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INTEREST RATE GRID

PERSONAL LOANS

ROI (only Fixed)

Salaried - Cat A

16.00%

Salaried - Cat B

19.00%

Salaried - Cat C

22.50%

Salaried - Cat D

23.50%

Doctors – Self Employed

16.00%

Self Employed

Professional (SEP)

19.00%

Self Employed Non

Professional

- Income > Rs.2 lacs up

to Rs.3 lacs

20.50%

- Income > Rs.3 lacs

19.50%

Salary Power

-Corporate Relationship

PSU

18.00%

Salary Power

-Corporate Relationship

Others

0.50% lower than new category wise rates

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Power Salute Customers

17.00%

PL to existing HL

borrowers

At Mortgage Reference Rate - currently 14.25%

Self Employed Doctors

& Salaried Doctors in

CAT-A company

14.00% (no Prompt Payment Discount offered)

Special offer for

customers of 50

companies

14.50% (no Prompt Payment Discount offered)

NOTE: The information given is indicative. Please refer to policy guidelines & circulars for details.

(33)

Loan against Property:

Criteria

Salaried Individual

Work exp (Yrs)

min 1 yr if total exp 2 or (3 if current emp <1 yr)

Min net income (Rs.)

7500 pm

Min ~ Max age (Yrs)

>24 ~ <= than superannuation at loan termination

Min ~ Max Tenor (Mths)

Residential Property up to 180 months,Commercial Property up to 120 months

Maximum LTV

Residential Property up to 60%, Commercial 50%, Commercial Purchase 80%

Pre payment penalty

2% will be charged if the amount exceeds 25 % of theprinciple outstanding during a quarter, otherwise No penalty.

Processing fee

1% of loan amt + Service Tas as applicable

Takeover of existing

Mortgage with additional

refinance

(34)

Criteria

Professionals

Work exp (Yrs)

min 3 if Doctor else 4

Min net income (Rs.)

1.00 lacs pa

Min ~ Max age (Yrs)

>24 ~ <= 65 at loan termination

Min ~ Max Tenor (Mths)

Residential Property up to 180 months, Commercial Property up to 120 months

Up to 120 months irrespective of property type

Maximum LTV

Residential Property up to 60%, Commercial 45%,

Commercial Purchase 75%

Pre payment penalty

2% will be charged if the amount exceeds 25 % of the principle _{outstanding during a quarter, otherwise No penalty.}

Processing fee

1% of loan amt + Service Tax as applicable

Takeover of existing

Mortgage with additional

refinance

(35)

Criteria

Self Employed Individuals

Work exp (Yrs)

min 3

Min net income (Rs.)

1.00 lacs pa

Min ~ Max age (Yrs)

>24 ~ <= 65 at loan termination

Min ~ Max Tenor (Mths)

Up to 120 months irrespective of property type

Maximum LTV

Residential Property up to 60%, Commercial 45%, _{Commercial Purchase 70%}

Pre payment penalty

2% will be charged if the amount exceeds 25 % of the _{principle outstanding during a quarter, otherwise No penalty.}

Processing fee

1% of loan amt + Service Tax as applicable

Takeover of existing

Mortgage with additional

refinance

(36)

Documents required for Loan against property:

For Salaried Individual:

Proof of Identity, Signature

& Age

Proof of Residence

Ration Card/ Passport/ Latest Electricity Bill/ Latest Telephone _{Bill/ Latest Credit Card Bill.}

Proof of Income

Latest 3 salary slip showing all deductions

Bank Statement

Proof of Qualification

N/A

(37)

Proof of Identity, Signature

& Age

Proof of Residence

Proof of Income

IT Returns, Computation of income, Balance Sheet and P/L _{A/c for the last 2 years certified by a C.A.}

Bank Statement

Proof of Qualification

Degree / Diploma - proof of professional qualification

For Self Employed Individuals:

Proof of Identity, Signature

& Age

Proof of Residence

Proof of Income

IT Returns, Computation of income, Balance Sheet and P/L A/c _{for the last 2 years certified by a C.A.}

Bank Statement

(38)

Other terms & conditions:

The property should be located within 50 Km radius of nearest Branch/RAC. Properties under HUF, Properties inherited under Hindu succession act, Godowns, Factories & Hospitals, Cinema Halls, Restaurants, Banquet Halls, and Schools will not be financed under the scheme. For Purchase of Residential Plots within Municipal / Government approved layouts only Agricultural land, commercial plots, properties under HUF, properties inherited under Hindu succession act, plots under litigation and acquisition by Public authorities will not be financed under plot loan scheme. Loan against property (LAP) will be offered only against fully constructed properties. No LAP will be offered against plot of land

Auto Loan:

Criteria

Salaried

Age

Min 21 years at sanction to Maximum 58 years at the time of _{loan maturity}

Loan amount

Minimum Rs. 100,000

Tenure

1 - 7 yrs

LTV

Up to 85% of On road price*

(39)

Work-experience

Minimum 2 years of total employment

Telephone

Landline / WLL phone at Residence. In case no phone at Resi. _{Post-paid mobile connection with Resi. Add. Required.}

Foreclosure

Foreclosure < 6 months - 10% on principal outstanding charged, if > 6 months - 5% of principal outstanding, No part prepayment allowed

Processing Fee

Minimum of Rs 2500 for CAT A cars, Rs. 3000 for Cat B & C Cars and Rs 3500 for Cat D cars (plus upto 1% of the loan amount at the discretion of the Branch Manager)

Eligibility calculation

3 times of annual gross or 30 times of avg net salary of 3 _{months. EMI must not exceed 50% of net salary}

Criteria

Self-Employed

Age

Min 21 years at sanction to Maximum 65 years at the time of _{loan maturity}

Loan amount

Minimum Rs. 100,000

Tenure

1 - 7 yrs

LTV

Income Norms

Gross Income of Rs. 60,000 p.a. for Cat A/B cars & Rs 1 Lac p.a. for Cat C/D cars (Gross Income : N.P after Tax & Depreciation)

(40)

Work-experience

Minimum 3 years in business

Telephone

Landline / WLL phone at Residence. In case no phone at Resi. _{Post-paid mobile connection with Resi. Add. Required.}

Foreclosure

Processing Fee

Eligibility calculation

6 times Gross Income p.a. (Gross Income = Net Profit + 50% of _{Depreciation for the last financial year.)}

Criteria

Partnership Firms

Age

Min 21 years at sanction to Maximum 58 years at the time of _{loan maturity for loan executing partner.}

Loan amount

Minimum Rs. 100,000

Tenure

1 - 7 yrs

(41)

Income Norms

Gross Income of Rs. 60,000 p.a. for Cat A/B cars & Rs 1 Lac p.a. for Cat C/D cars (Gross Income: N.P after Tax & Depreciation). Min Turnover of Rs 4.5 Lacs

Work-experience

Telephone

Landline / WLL phone at Resi. & Office for loan executing partner. In case no phone at Resi., post-paid mobile connection with Resi. Address is required

Foreclosure

Processing Fee

Eligibility calculation

6 times Gross Income p.a. (Gross Income = Share in Profit + Salary + Interest on Capital + 50% of Depreciation for the last financial year) (to the extent of his Share in Partnership)

Criteria

Private & Public Ltd. Companies

Age

Min 21 years at sanction to Maximum 65 years at the time of loan maturity for the loan executing director/authorized signatory

(42)

Tenure

1 - 5 yrs

LTV

Income Norms

Min Turnover of Rs. 2 Crore and Minimum Net Profit of Rs 50 _{Lacs. (No Cash Loss in the last 2 yrs)}

Work-experience

Telephone

Landline / WLL phone at Resi. & Office for loan executing director/authorized signatory. In case no phone at Resi., post-paid mobile connection with Resi. Address is required

Foreclosure

Processing Fee

Eligibility calculation

6 times Avg. Net Profit of the Last 2 Years

Documents required:

For Salaried:

(43)

Proof of Identity

Passport / Voter’s Card / Driving License with Photograph/ _{PAN card}

Proof of Income

Latest salary slip showing all deductions AND Latest Form 16 / Income Tax Return (Form 16 FYE March should be available June onwards)

Address Proof (of the

residing city)

Ration Card/Latest Electricity Bill/Latest Telephone Bill/Passport/Latest Credit Card Bill/ Driving License

Signature Verification

Passport copy/ Driving License with Photograph/ Banker’s _Verification

Additional

Documentation

NA

For Self-Employed:

Proof of Identity

Passport / Voter’s Card / Driving License with Photograph/ _{PAN card}

Proof of Income

Latest Income Tax Return and Computation of income

Address Proof (of the

residing city)

Ration Card/Latest Electricity Bill/Latest Telephone Bill/Passport/Latest Credit Card Bill/ Driving License

Signature Verification

Passport copy/ Driving License with Photograph/ Banker’s _Verification

Additional

Documentation

Declaration from Proprietor

(44)

Proof of Identity

Copy of Partnership Deed & the following documents required for the loan executing partner: Passport / Voter’s Card / Driving License with Photograph/ PAN card

Proof of Income

Audited Balance Sheet, Profit & Loss Account for last 2 years _{along with the latest 2 Income Tax Returns}

Address Proof (of the

residing city)

Telephone Bill/Electricity Bill/ Shop & Establishment Act Certificate/ SSI Registered Certificate/ Sales Tax Certificate

Signature Verification

Banker’s Verification

Additional

Documentation

Authority letter signed by all partners

For Private & Public Ltd. Companies:

Proof of Identity

Copy of Memorandum & Articles of Association & the following documents required for the loan executing director/authorized signatory. Passport / Voter’s Card / Driving License with Photograph/ PAN card

Proof of Income

Last 2 Years Audited Financials

Address Proof (of the

residing city)

Telephone Bill/Electricity Bill/ Shop & Establishment Act Certificate/SSI Registered Certificate/ Sales Tax Certificate/PAN No.

Signature Verification

Banker’s Verification

Additional

Documentation

List of Directors, Share Holding pattern, Copy of Board Resolution

On Road Price = Ex Showroom rate + Insurance + Road Tax + Registration

charges

(45)

Interest Rate Grid

CAR

Upto 35 months

36 - 60 months

> 60 – 84 months

CAT A

13.00% 13.00% 13.50%

CAT B

13.00% 12.75% 13.50%

CAT C

13.00% 12.75% 13.50%

(46)

Agricultural Loan:

Financing farmers against pledge of warehouse or cold storage receipts:

Facility limit

Ceiling of Rs. 5.0 lac per farmer

Nature of facility

Loan against the pledge of warehouse and/ or cold storage receipts

Eligibility for farmers

Original depositors of the receipts. The borrower to undertake that he is a farmer and also to provide a declaration to the effect that he/she is not defaulter to any Bank/Financial Institution

Designated warehouse

CWC/SWC Warehouses

Private warehouses/Cold storages/Godowns with a minimum storage capacity of 100 MT

Value of Loan

Value of the loan = Value of commodity minus commodity specific margin amount

Rate of Interest

BPLR- 4.75%; at present 15.25 % p.a. payable with the _{principal repayment.}

Margin

Min 40%.

The branch should monitor the prices of the commodities on a weekly basis by referring to the prices of the commodities as mentioned in the local dailies. It should be ensured that the margin at no point of time falls below 30% i.e. when the total outstanding as a percentage of the market value of the security exceeds 70%. In the eventuality of this happening, a margin call will be issued. The branch will inform the borrower to bring in the shortfall in the margin. In case, additional margin is not brought in by borrower within 15 days, the Bank will have the right to dispose off the goods.

Valuation

The value of the commodity as security shall be the lower of the following:

Value of goods as reflected in the warehouse receipt.

Value of the goods based on the average price prevailing in the nearest mandi on the day previous to the date of disbursement.

(47)

Price provided by the Commodity Business Group, Central Office from time to time for various commodities

Tenure of the loan

The maximum tenure of each loan shall be 12 months. Branches should take timely steps to keep the warehouse receipts valid and insurance of the stocks financed for that period in place during the currency of the facility

Risk rating of the

individual

Rating of Individual According Rating Table which is given below.

Insurance

The stocks pledged to the Bank should be insured adequately with Bank clause. The insurance premium will have to be borne by the borrower. The Branch should ensure that the warehouses are insured against fire, etc.

Security

Upto Rs.

200,000/-Primary-: Pledge of warehouse receipts duly endorsed in Bank’s favour

Over Rs. 200,000

Primary-: Pledge of warehouse receipts duly endorsed in Bank’s favour

Collateral-: Third party Guarantee

Guarantee for limits

upto Rs. 200,000/-

--NIL

Guarantor’s

requirements for loans

above Rs.

200,000/-A personal guarantee from a person who fulfils at least one of the following eligibility criteria:

Should own at least 3 acres of cultivable land

Employed in Government, Semi Government organization and working in the cadre of class III and above or equivalent designation in a reputed private sector undertaking.

Running own business with assets equal to the amount of the loan proposed.

Other Conditions

Post dated cheques to be collected from borrowers

Pre-disbursement

conditions

Stock of commodity brought to the designated warehouses for pledge has to be certified for quality and quantity by the M&C agent. In case of CWC/SWC receipt, the same is already available from the warehouse manager

The complete set of borrower wise loan documents should be obtained by the branch

The warehouse manager should ensure to create pledge of stocks in favour of Bank

The financing amount will be 60% of the market value of the stocks approved for financing

The stocks placed in the warehouse should be insured adequately with Bank clause

(48)

Disbursement

The individual borrower availing this facility will have to open an account at the concerned local branch (the account can be opened under ‘SBSPL’ category wherein the average balance requirement is Rs. 1000/-). The amount will disbursed by crediting the account of the borrower, at the concerned branch.

Security from

warehouse

owner/manager

Have to sign M&C agreement with Bank to buy or arrange for the sale of the stock in case of default of farmer

Letter of guarantee/comfort letter (in absence of the letter of guarantee)

(Branch should try and obtain a letter of guarantee)

Selection of the

warehouse/cold

storage

The warehouse/cold storage has to have adequate facilities (like aeration, pest control, loading and unloading facilities, electricity, security, etc.) to allow for the storage of the produce with minimum loss in quality and quantity.

The branches should check the credentials of the warehouse owner before financing against the receipts issued by that warehouse.

It is suggested that the branch heads should identify only those warehouses in their area, based on the credit report, integrity and track record of warehouse owner.

It is suggested that branches may give preference to the warehouses accredited by National Commodity and Derivative Exchange, India (NCDEX) who provide warehouse receipts to the farmers in dematerialized form.

Monitoring

M&C agent has to monitor the security. The quality and quantity report has to be sent to the branch on a monthly basis. The branch officer may appoint an inspection agency to inspect the warehouse/cold storage, monthly. The branch officer may inspect the warehouse/cold storage, quarterly, for verification of the security. The M&C agent should monitor the quantity and quality of the additional stock brought in lieu of a margin call.

(49)

Penal Interest

2% p.a. on overdue loan/unpaid interest

Pre-payment charges

2% (if loan is repaid within one month. Otherwise nil)

Processing fee

.40% of the loan sanctioned

M&C agent

Roles and

responsibilities

The M&C agent acts as a monitoring agency on behalf of the Bank. The M&C agent acts as an interface between the Bank and the farmers.

Sourcing of the business to the branch.

Supervision of the unloading and weighing of the produce. Overseeing the tagging, stacking and segregation of the produce in the identified space. The security of the stocks should also be verified.

Right identification of the warehouse chamber where the pledged stocks have to be stocked and proper stacking of the produce.

Consolidation of the produce and right tagging borrower wise with a sign clearly indicating the Bank’s lien on the goods. Maintenance of a stock statement based on the borrower codes and net weights of the commodities.

To attest the quantity and quality of the produce, valuation of the produce and record the same in the warehouse receipt. To inform Bank in case of margin call stock being brought in. Allow the release of the goods only on receipt of a written intimation from the branch that the goods can be released

Arranging for buyers/buy back of the stock in case of default by the farmer

M&C Agent charges

Normally 1% of the loan amount. However, branches can pay maximum 1.5% of the loan amount wherever required.

Event of default

In the event of default of a borrower, M&C agent should arrange for buyers/buy back of the stock. The Bank shall be entitled to sell the pledged goods either through the M&C agent/ public auction/private sale/through any commodity exchange

(50)

and adjust the sale proceeds against the amount outstanding from the borrower. The price at which the pledged commodity is sold by the Bank is final and binding on the borrower. However, in case the proceeds from such a sale are not sufficient to satisfy the amount outstanding in full, the Bank will be entitled to recover the shortfall from borrower.

Documents to be

executed by the

borrower

DP Note DP delivery letter Letter of waiver

Pledge Agreement: To be finalized in consultation with the Law Department

Warehouse receipt (to be duly endorsed in favour of the Bank)

Documents to be

executed by the M&C

agent

Management and Collection Agreement: To be finalized in consultation with the Law Department

Registers to be

maintained

Registers to be maintained by the branch: Loan application cum disposal register Price, Stock and Margin recovery register Insurance due date register

Branches would keep the above mentioned registers in physical form or in a excel sheet in the system. The records should be updated at the stipulated time and hard copies be preserved in a separate file.

Registers to be filled in by M&C agent: Stock and margin register

(51)

Documentation:

Following documents should be obtained from borrower. 1Application form

2D.P.Note

3D.P.Note delivery cum waiver letter 4Letter of Pledge

5Proof of agricultural activity (copy of land records, land revenue tax receipts etc.) 6Declaration of ownership of the ornaments pledged

2Authorisation from the borrower for disclosure of information

The following document should be obtained from the appraiser

Certificate of valuation

Penal interest:

2% p.a. on overdue amount.

Processing & Appraiser fees:

 0.25%+ST subject to maximum of Rs. 500+ST

 BH has discretion to waive/ reduce if RoI is increased by 0.30%  No fee up to Rs.25,000/- loan

(52)

 0.25% subject to maximum of

Rs.500/-Insurance:

Gold ornaments pledged to the Bank will be covered under the Master policy of theft and burglary. Bank’s indemnity policy will be obtained by the Bank centrally.

Disbursement:

 Up to Rs.50,000/- in Cash.  Above Rs.50,000/- by PO.

Sanctioning Authority:

The sanctioning authority would be the Branch Head in the category of Manager/AVP/VP. The branches should send the Control Returns on monthly basis to the Zonal Office for noting and review. The VP (Credit & Forex) will be the reviewing authority at the Zonal Office.

Repayment:

Repayment period not exceed 18 months. The facility will be renewable at the request of the borrower after 18 months. The repayment schedule should be aligned with the crop harvest cycle.

Release of the gold ornaments on repayment by borrower

The branch should release the security only if the full amount of interest, other charges and principal has been repaid.

The borrower should present the signed receipt issued to him/her by the Bank while taking delivery of the ornaments. The borrower(s) needs to sign the receipt acknowledging that the gold ornaments have been received by him/her in good order and condition.

The signed receipts should be arranged as per the date of closure of loan account and shown to the inspecting authority at the time of the inspection.

Guidelines for the release of the pledged jewellery on liquidation of the loan on death of the borrower will be issued later in consultation with the Law Department.

Right of Disposal of Security:

In case of default, Bank has the right to dispose the gold ornaments for satisfaction of the loan by way of public auction or private treaty and proceed against the borrower.

(53)

Direct Financing to Farmers for Cattle Loans through Dairies/ Cooperatives:

Other Terms and Conditions:

In case guarantee is not available from Village Dairy cooperative, a guarantee from a person within the group or a guarantee from a third person acceptable to the Bank should be obtained. The personal guarantee has to be obtained from a guarantor fulfilling at least one of the following eligibility criteria:

should own his/her own tractor/own at least 2 acres of irrigated land/4 acres of dry land employed in government, semi government employment in the category of Scale III and above or working with any reputed private sector undertakings at a respectable positions Running own business and having assets with a market value equal to the amount of the loan. The Branch will reserve the right to reject any loan application based on its own appraisal. The Branch sanctions will be reviewed by the Vice President (Credit & Forex) at the zonal office in the form of monthly control returns.

In case the Borrower stops supplying milk to the Union the entire loan amount shall be repayable in lump sum/ recalled. Bank reserves the right to conduct inspections of the cattle/ shed constructed on a periodic basis without any prior notice. The Milk Union will arrange to provide monthly MIS regarding the continuity and regularity of milk supply by the borrower.

(54)

5.Recommendations & Suggestions

Facts & Findings

1Working Capital of the Bank is decreasing year by year which is not a good sign for the bank. 2In the year 2007-08 Operating Margin was 23.25, in the year 2006-07 it was 21.84. This

shows that Operating profit margin is increasing which is good for the bank.

3In the year 2007-08 Gross Profit Margin was 21.44, in the year 2006-07 it was 19.79. This shows that Gross profit margin is increasing which is good for the bank.

4Net profit margin is increasing year by year. 5Debt / Equity is decreasing.

6Fixed Assets Turnover ratio is increasing which shows that fixed assets are efficiently utilized.

7Current Ratio is increasing which is showing a sound financial position of the company. 8Quick Ratio of the bank is increasing it shows that position of the bank is improving.

9Sales of the Bank is increasing year by year in the year 2007-08 it was 70005.31 in the same year Total Income and Net profit Before tax also increases respectively.

(55)

10Both Saving Bank deposits and current bank deposits is increasing year by year which is a good sign for the bank.

11This is a positive trend in Retail assets and Non Retail advances.

12Earning per share is increasing which shows that an investor can invest in AXIS Bank to get good profits. Trading Profit 69 314 263 0 200 400 Profit Profit 69 314 263 200-01 2001-02 2002-03 INCREASING REACH

(56)

01

02

03 Centers

Covered

48

63

80 Branche

s+

Extn.

Counter

s

101

139

192 ATM’s

303

491

822

Increasing Reach 04863 0101139 0 0303 491 80 192 822 0 1000 Month 1-Mar 2-Mar 3-Mar Month 0 0 0 0 1-Mar 48 101 303 2-Mar 63 139 491 1 2 3 4 5 RISING PROFITABILITY

Year

200-01

2001-02

2002-03

Net Profit

86

134

192 Operating

Revanues

261

615

733

(57)

Rising Profitability 86 134 192 261 615 733 0 200 400 600 800 200-01 2001-02 2002-03 Net Profit Operating Revanues FEE INCOMES

Year

200-01

2001-02

2002-03

Fee

Incomes(Cr.

)

86

98

144

Fee Incomes 86 98 144 0 50 100 150 200 200-01 2001-02 2002-03 Fee Incomes(Cr.)

Axis Report.doc NEW

•

A

Practical Training Report

ON

Analyze of Loan Assessment Process

Undertaken at

JAIPUR

Submitted in partial fulfilment for the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

2010-11

SUBMITTED TO:

SUBMITTED BY:

UNIVERSITY OF RAJASTHAN

ANIL KUMAR SHARMA

B.B.A. 3

YEAR

VIDYASHTALI INSTITUTE OF TECHNOLOGY, SCIENCE &

MANAGEMENT, JAIPUR

Preface

.

Acknowledgement

EXECUTIVE SUMMARY

CONTENTS

Serial

No.

Particular

1.

Introduction to Banking Industry

Early History

Nationalized Bank In India

Private Sector bank In India

2.

About Company: AXIS BANK

Retail Banking

Corporate Banking

3.

Credit Policy/ Easy Credit Card

4.

Loan Assessment

1. Home Loan

2. Personal Loan

3. Loan Against Property

4. Auto Loan

5.

Recommendations & Suggestions

Objective of Study

Scope of Study

Importance of Study

Facts & Findings

6.

Research Methodology

KYC(Know Your Customer) Guideline

7.

Conclusion

8.

SWOT Analysis

9.

Questionnaire

10.

Bibliography

1.INTRODUCTION TO BANKING INDUSTRY

Banking In India: Overview:

Early History:

List of Public Sector Banks in India is as follows:

Private Banks in India:

List of Private Sector Banks in India is as follows:

2.About Company : AXIS BANK

On July 2007 UTI Bank rebrand as Axis Bank

Promoters:

Capitalization:

Registered Office:

Central Office:

Total Branches:

ATM:

Bank Strengths:

Directors:

Auditors:

Registrar and Share Transfer Agent:

M/s. Karvy Computershare Private Limited

_Individuals