Canar Bank

8/13/2019 Canar Bank

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CONTENT

Sr. No. Particular Page No.

1 Banking Sector in India 3

2 General Information of Bank 4

3 Objective of Bank 5

4 Policies of Bank 6

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GENERAL INFORMATION OF BANK

!"e %ame of t"e Bank is #$%$&$ B$%' .$ Government of India /ndertaking0

!"e ear of stablis"ment 16

$cco*nting ear of t"is bank is 1st $-ril to 31st arc",

!"e 7ead Office of t"is Bank is Bangalore,

8orking 7o*r 1, am to 5,3 -m,

$ddress of Bank

&ing &oad9

Infront of $dani9

&ajkot 36 5

ain Branc"es of #$%$&$ B$%' in &ajkot !:o

anager of t"is Bank %, S, '"anani

#as"ier of t"is Bank G, ;, ;adeja

$cco*ntant of t"is Bank

1, ', B, Pang+atara

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OBJECTIVES OF BANK

$cc*m*late de-osit to t"e Bank of &s, 1 crores,

$c"ieve net -rofit to t"e Bank of &s, 1 =acks,

&ed*ce cost of >e-osit to ? @,

&ed*ce c*stomer com-anies to 1@,

Bring c*stomers satisfactor+ to 1@,

!rain staff to become more effective,

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POLICIES OF BANK

Bank is committed to ac"ieving t"e c*stomerAs satisfaction t"ro*g",

1, Providing best services as -er norms,

2, n"ancing organiations image and re-*tation for C*alit+,

3, #ontin*o*sl+ im-roving service C*alit+,

!"is commitment is met t"ro*g" n*rt*ring C*alit+ c*lt*re in t"e organiation

and t"e b+ constant absence to laid do:n C*alit+ management s+stem,

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CONTENT


1 Introd*ction

2 Service at a Bank

1, >e-osits

2, =oans

3, Ot"er Services

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INTROD!CTION

8it" +ears banks are also adding service to t"eir c*stomers, !"e Indian

banking ind*str+ is -assing t"ro*g" a -"ase of c*stomers market, !"e c*stomers "ave

more c"oices in c"oosing t"eir banks, $ com-etition "as been establis"ed :it"in t"e

banks o-erating in India,

8it" staff com-etition and advancement of tec"nolog+9 t"e services -rovided

b+ banks "ave become more eas+ and convenient, !"e -ast da+s are :itness to an "o*r

:ait before :it"dra:ing cas" from acco*nts or c"eC*es from nort" of t"e co*ntr+

being cleared in one mont" in t"e so*t",

!"is section of banking deals :it" t"e latest discover+ in t"e banking

instr*ments along :it" t"e -olis"ed versions of t"eir old s+stems,

Banks in India :it" t"e :a+ of develo-ment "ave become eas+ to a--l+ in loan

market, Generall+ loan against s"ares9 -ersonnel loan9 "ome loan etc, =oans is given

b+ almost all t"e banks in t"e co*ntr+,

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DEPOSITS

*. Curre%t De#oit +Accou%t,

8"ile o-ening t"is acco*nt -erson or :"o so even is going to o-en t"is t+-e of

acco*nt9 "e "as to make t"e reg*lar transactions :it" t"is acco*nt, ostl+ t"e

b*sinessman o-en t"is t+-e of acco*nt beca*se t"e+ "ave to receive and make

-a+ment t"ro*g" c"eC*es man+ times in a da+,

Re-uire( Docu&e%t to o#e% curre%t Accou%t

A. For #art%er'i# Fir&

$ll t"e -artnerAs -"otos

#o-+ of Partners"i- deed

P$% card co-+ of firm

&egistration co-+ .I)0

Proof of eDisting of firm

Proof of all -artners address

B. For Pro#rietor'i# Fir&

$ll -artners -"oto

P$% card co-+ of firm

Proof of eDisting firm

#o-+ of S,!,

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Proof of all -artners

$ -erson "as to de-osit minim*m &s, 3 in c*rrent acco*nt, Bank takes &s,

3 service c"arge at t"e end of t"e +ear, $ -erson :ants to close "is c*rrent acco*nt9

bank c"arge &s, 5,

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. Sa)i%g +accou%t, De#oit $

It is an ideal acco*nt for t"ose :"o "ave s*fficient mone+ to save 1F a -erson

:ants to o-en "is saving acco*nt :it" a bank, !"e -erson "as to fill *- a form of t"e

banks saving acco*nt, &ate on saving acco*nt is 3,5@,

/. Fi0e( De#oit$

$ -erson :"o "as s-ares mone+ for a -artic*lar -eriod of time and "e :ants toget it as do*ble so for "im fiDed acco*nt is a best :a+ to de-osit mone+,

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RATES ON FI1ED DEPOSITS$

3 da+s to 45 da+s 3,5@

46 da+s to da+s 5 @

1 da+s to 1? da+s 6 @

1F da+s to 1 +ear ? @

1 +ear to 2 +ears ?,5 @

2 +ear to 5 +ears F @

$bove 5 +ears ?,?F@

&ate of senior citiens"i- above 6 mont"s ,5 @

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LOANS

A. Ter& Loa%$

It is one of t"e major so*rces of debt, )inance for long term -roject, !erm

loans are generall+ re-a+able in more t"an a +ear b*t less t"an 1 +ears,

*. "oui%g Loa%$

!"e loan :"ic" is taken for t"e -*r-ose of to -*rc"ase or b*ild "ome, &ate of

interest is 1,5@, for &s, 5 lacs and above &s, 5 lacs rate of interest is 11,5@,

. Bui%e Loa%$

$ -erson :"o is engaged in t"eir b*siness at least from last one +ear can get

t"is kind of loan, )or t"e -*r-ose of f*lfillment of t"e s"ort term :orking ca-ital

needs,

&ate of interest on t"is loan is as *nder

/- to &s, 2 lacs 12 @

&s, 2 lacs to &s, 5 lacs 12,5 @

&s, 5 lacs to &s, 1 lacs 13 @

$bove &s, 1 lacs 14 @

/. Ve'icle Loa%$

$ -erson or a b*sinessman :"o :ants to -*rc"ase ne: or old ve"icle for t"e

-*r-ose of t"e trans-ortation or for -ersonnel *se can get t"is kind of loan,

&ate of interest on t"is loan is as *nder,

)or trans-ort o-erator 14@

)or -ersonnel *se 13 @

2. Pro3eio%al Loa%$

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. Ot'er ca' Cre(it Loa%

Bank also grants cas" credit to t"e local residential or to an ordinar+ -eo-le to

f*lfill t"eir needs for mone+,

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PROGRESS REPORT

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INTROD!CTION

arketing is anal+sis organiing9 -lanning H controlling of t"e firms9

c*stomers :it" reso*rces9 -olicies9 activities :it" a vie: to satisf+ing needs and :ants

of c"osen, arketing is ver+ im-ortant conce-t, %o: a da+s marketing is ver+

necessar+ for s*ccess,

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!"e main objectives of arketing >e-artment of Bank

!o Satisf+ t"e needs of :ants of cons*mers,

!o solve t"e -roblems of cons*mers,

!o create and deliver t"e standard of living to t"e societ+,

!o generate ne: sc"emes for identif+ t"e ne: cons*mers,

!o maDim*m c*rrent -rofit t"ro*g" best :a+,

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ADVERTISING

$dvertising is an+ form of -aid not -ersonal -resentation of ideas9 goods or

services for t"e -*r-ose of ind*cing to -eo-le to b*+,(

Generall+ advertising is -rovided t"ro*g" follo:ing :a+,

)rom t"e above medias t"e #anara Bank =td, /se t"e ne:s -a-er9 magaines9

jo*rnals9 -osters9 stickers H Internet for t"e an+ t+-e of advertisement,

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CONTENT


1 Introd*ction 25

2 )inancial Planning 26

3 )inancial &e-ort 2?

4 Information of S"are #a-ital 2F

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INTROD!CTION

)inance is like blood for t"e ever+ com-an+, )inance management is ver+

im-ortant i,e, first to manage financial reso*rce9 t"en to distrib*te t"at finance among

t"e vario*s de-artments according to t"eir need and lastl+ "as to c"eck :"et"er it is

*sed in rig"t :a+ or not, !"is onl+ finance gat"ering "as not become t"e goal or aim

of finance management b*t is "olds a ke+ -osition in to- management of com-anies,

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FINANCIAL PLANNING

Generall+ financial -lanning is derived into t:o -arts,

1, S"ort term Planning

2, =oan term Planning

!"e bank concerns :it" above t+-es of -lanning,

Ratio A%al7i

It is a -o:erf*l tool of financial anal+sis, $ ratio is defined as !"e indicated

C*otient of t:o mat"ematical im-ression( and as t"e relations"i- bet:een t:o or more

t"ing,(

Some rations of t"e +ear 26 .&s, In =acks0 are as *nder credit >e-osits &atio

?,F @

%et Profit &atio F @

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INFORMATION OF S"ARE CAPITAL

=ast +ear t"ere :ere 1393F members, !"is +ear it is reac"ed to 14955 in

n*mbers d*ring t"e +ear 262?, !otal s"are ca-ital gone *- to &s, 3939

:"ic" is 6,2 @ "ig"er t"an t"e -revio*s fig*re, $n increase in t"e n*mber of

members is t"e sign of s*ccess of t"e bank,

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CONTENTS


1 Introd*ction 31

2 General eeting 32

3 J*alification of >irectors 33

4 $*t"orit+ of managing >irector 34

5 Selection 35

6 Promotion 36

? !ransfer 3?

F Personnel &ecord 3F

&em*neration 3

1 Organiation #"art 4

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INTROD!CTION

!"e internal de-artment str*ct*re of -ersonnel de-artment varies :idel+ from

one com-an+ to anot"er, !"e -ersonnel de-artment "as to f*nction as a medians to

establis" "ealt"+ relations"i- bet:een t"e management and t"e em-lo+ees

organiation is formed b+ t"e factor of -rod*ction namel+ land9 labo*rs9 mone+ etc,

middle level management and labo*rers is t"e living factor :it" t"e sense of feeding,

Personnel anagement is t"e -lanning9 organiing9 direction9 contrib*ting of

t"e -roc*rement9 develo-ment of t"e -eo-le of t"e -*r-ose of contrib*tion to

organiation individ*al and social goal,(

d:ard )li--o

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GENERAL MEETING

$fter t"e financial +ear :it"in t"ree mont"s ann*al general meeting "as been

decided, $ll t"e member of bank staff9 BO> is invited to attend t"e meeting, Generall+

t"e entire general meeting of t"e of ann*al general meeting and s-ecial general

meeting t:o t+-es in all kinds of or organiation,

1, !"e agenda of t"e meeting :as to note t"e a*dited acco*nts of bank and a*dit

re-ort on 31starc",

2, !"e loonies :"o :o*ld not -aid t"eir loan9 t"e+ can get t"e advantages of one

time settlement sc"eme to t"eir sanction a--lication, !"e time -eriod is not

fiDed given to loonies b*t it is decided in t"e general meeting,

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;!ALIFICATION OF DIRECTORS

$s :e kno: t"at t"e directors are t"e most im-ortant -art of or an+ kind of

organiation for t"e director of na+ organiation, !"e -erson s"o*ld "ave some certain

C*alification,

1, !"e member :"o "ave at least t"e balance of &s, 2 in t"e bank at t"e 31 st

arc"9 so "e can be t"e director of t"e of t"e bank according to t"e la: of

bank,

2, !"e -erson :"o "ave a members"i- of t"e bank of 24 mont"s before t"e date

of election,

3, !"e age of t"e -erson s"o*ld be above 1F +ears,

4, 7e s"o*ld not be t"e creditor of an+ kind of organiation,

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A!T"ORIT< OF MANAGING DIRECTOR

1, !o a--oint t"e managers and secretar+,

2, !o decide t"e salaries and bon*s of -artic*lar em-lo+ees,

3, !o do -*nis"ment if an+ mistake done b+ t"e em-lo+ees and to see t"e -ro-er

:a+ of :ork to t"em,

4, !o "ere com-anies and *nderstand t"e -roblems and make t"e :a+ dear of

:ork b+ avoidance t"ese kinds of restriction,

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SELECTION

Selection means t"e -roced*re of selection in terms of best -erson and all :it"

reC*ired C*alification, !"is -rocess is negative b+ nat*re beca*se it selects onl+

s*itable -ersons and rejects t"e ot"er a--lied,

Selectio% Proce

It is a -rocess b+ :"ic" t"e C*alified -ersonnel can be c"osen from t"e

a--lication selection is -rocess in t"e "and of management to get C*alif+ and t"e

disC*alif+ a--licant b+ vario*s met"ods, !"is -rocess is as follo:,

- Intervie:s

- Primar+ Selection

- )inal Selection

- Placement

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PROMOTION

Promotion ma+ be defined as *-:ard of an em-lo+ee in an organiation9

:"ic" commands better :ages better stat*s etc, in s"ort a -romotion is t"e transfer of

an em-lo+ee to a job9 :"ic" -a+s more mone+ or more t"at carries o*t some -referred

stat*s,(

Promotion ma+ be given on t"e basis of seniorit+ merits on t"e basis of

seniorit+ b*t "ere -romotion is given on t"e basis of abilit+ -erformance merits9

ca-abilit+ and C*alification,

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TRANSFER

!ransfer is a "oriontall+ movement of em-lo+ees from one selected job9

de-artment to anot"er -lace :"ere t"e salar+ stat*s and res-onsibilit+ are remaining

same,(

In #$%$&$ B$%'9 t"e em-lo+ees are transferred from one de-artment to

anot"er and from one -osition to anot"er,

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PERSONNEL RECORD

In -ersonnel record com-ete *- to date information in maintained abo*t

em-lo+ees ever+ *nit "ave record book for em-lo+ees in :"ic" record information

abo*t em-lo+9 leave9 -romotion9 -*nis"ment etc,

!"is bank "as record books of em-lo+ees, !"ese record books are as follo:s,

$ttendance register

Salar+ :ages register

Bon*s register

Provident f*nd register

Ot"ers

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REM!NERATION

&em*nerationAs main -*r-ose is to maintain eC*itable rem*neration str*ct*re,

It is t"e dail+ of t"e firm to -a+ -ro-er relative and reasonable amo*nt to t"e :orker

for t"eir service,

!"is bank -a+s salar+ .rem*neration0 t"eir :orkers on mont"l+ basis,

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ORGANI=ATION C"ART

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S>OT ANAL


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>ea?%e$

=o:er vol*me of advances d*e to "ig"er rate of interest ma+ affect t"e

eD-ansion of t"e organiation,

%ot re-*ted at %ational level H less %o, of t"e branc"es,

O##ortu%itie $

%o, of branc"es can be increased in all over nation neDt 5 to F +ears,

Bank can introd*ce ne: services,

T'reat$

$ll t"e de-ositors ma+ :it"dra:n t"eir mone+ from bank beca*se of an+

:rong r*mors against bank,

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CONCL!SION

)rom t"e bankAs visit I learn a lot, %o: I kno: t"at "o: t"e t"eoreticall+

as-ects are a--lied in t"e ind*stries,

I "ad fo*nd t"at all t"e staff members and :orkers are :orking in coordinates

manner and in -lanned :a+ H abo*t t"eir :ork and diversif+ing t"eir efforts to:ards

t"e desired targets d*e to *n-recedented tr*st and cor-oration, !"e staff of bank "as

been able to reac" to t"e ne: "eig"ts of s*ccess,

So at t"e end 1 :is" t"e #$%$&$ B$%' and all t"e best to get desired

s*ccess in t"e f*t*re,

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S!GGESTION

Bank is not -roviding some im-ortant facilities :"ic" are being -roviding b+

ot"er banks so bank s"o*ld tr+ to -rovide or start, !"is facilit+ and ot"er -olicies in ear

f*t*re bank "as not large net:ork and not f*ll+ develo-ed so bank s"o*ld o-en ne:

branc"es,

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F!T!RE PLAN

8e kno: t"at !eam m*st be reC*ired for ever+ :ork s*ccess, $ll t"e

com-anies or banks also make vario*s t+-e of -lan for t"eir s*ccess, !"e #$%$&$

B$%'As f*t*re -lan is for getting t"e c*stomer satisfaction b+ -roviding vario*s

so*rces and increasing its s"are ca-ital,

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BIBLIOGRAP"

Documents

Canar Bank