IDBI BANKSIP

Pioneer Institute of Professional Studies Indore: 

Pioneer Institute of Professional Studies Indore A Report On Summer Internship Program Guided By :- Submitted By :- Vikash Chaturvedi Amar Rawat Asst.Manager PGDM 3 rd Sem IDBI Bank,Katni

Acknowledgement : 

Acknowledgement I am deeply indebted to Mr. Vikas Chaturvedi for co-operative and invaluable suggestions that helped me gain a better outlook towards the thought process in the project. I am also grateful to Mr. V.K Jain our devoted director for his valuable cooperation and guidance in helping me through the course to Kumkum Sineha . and our coordinator Prof. Vidush i Sharma & Special thanks to Mr. Manish Sahu (General Manager) and all employees for giving there valuable time for explaining things happening around which become the base for completion of project successfully.

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Sr No CONTENT 01 Name of the organization 02 Organization history 03 Competitor 04 Vision and Mission 05 Quality policy and code of conduct 06 Financial health 07 Major activities performed 08 Types of project performed 09 Major findings 10 Conclusion

NAME OF THE ORGANIZATION : 

NAME OF THE ORGANIZATION

ORGANIZATION HISTORY: 

ORGANIZATION HISTORY Shri R. M. Malla Chairman and Managing Director IDBI Bank

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Mr. B. P. Singh (Deputy Managing Director) Mr. G.C. Chaturvedi (deputy managing director) Mr. R P Singh (Accounts Head) Mr. Analjit Singh( Eng.Department ) Ms. Lila Firoz Poonawalla

History: 

History The Industrial Development Bank of India (IDBI) was established on July 1, 1964. In 16 February 1976, the ownership of IDBI was transferred to the Government of India In September 2003, IDBI diversified its business domain further by acquiring the entire shareholding of Tata Finance Limited in Tata Home finance Ltd. 883 branches; 1459 ATMs 1- Overseas, 252-Metro, 335-Urban, 204-Semi Urban & 91-Rural

PRODUCTS: 

PRODUCTS Fund Based assistance: Term Loans Working Capital / Short Term Loans Cash Credit Packing Credit to Exporters Vendor Financing Channel Financing/Dealer Financing Bill discounting (both Purchase and Sale Bill Discounting) Film Financing Liability and Transaction Banking Products Current Account Fixed Deposits Trade Finance Cash Management Services Tax Collection Treasury Products

Competitors : 

Competitors SBI PNB BANK OF INDIA BANK OF BARODA CANARA BANK UNION BANK INDIAN BANK ORIENTAL BANK CORPORATION BANK

VISION AND MISSION: 

VISION AND MISSION Vision To be trusted partner in progress by leveraging quality human capital & setting global standards of excellence to build the most valued financial corporation. Mission To invest in and build quality human capital in order to achieve

FINANCIAL HEALTH: 

FINANCIAL HEALTH Q1 2011-12 Q1 2010-11 FY 2010-11 Total Income 6060 4755 20684 Interest income 5629 4282 18541 Non-Interest Income 431 473 2143 Total Expenses 5029 3924 16527 Interest expenses 4476 3438 14272 Operating expenses 553 486 2255 Operating Profit 1031 831 4157 Provisions (net) 696 580 2507 Net Profit 335 251 165

Cont……: 

Cont…… Net profit up 34 % to Rs. 335 Crore (from Rs. 251 Crore ) Business up 13% to Rs. 3,31,266 Crore (from Rs. 2,92,533 Crore ) Deposits increased by 12% to Rs. 1,76,282 Crore (from Rs. 1,57,204 Crore ) Total assets grew by 11% to Rs. 2,49,571 Crore (from Rs. 2,24,658 Crore )

MAJOR ACTIVITIES PERFORMED: 

MAJOR ACTIVITIES PERFORMED Studying the process of opening Current & Saving Ac. Meeting employees to collect the information about banking formalities. Studying about bank terms & conditions. Studying and taking to the customers. Learning how do I marketing &selling of bank products. Analysis of Bank’s atmosphere.

TYPES OF PROJECTS PERFORMED : 

TYPES OF PROJECTS PERFORMED Opening Current ac. Opening Saving ac. Inform the costumers about bank’s policies.

ADVANTAGES OF STUDING : 

ADVANTAGES OF STUDING I learnt about banking sector & how to perform own self in corporate sector. My Strength & weakness. Analysis of market demand for a fresher.

CONCLUSION: 

CONCLUSION IDBI is a pioneer Institute in Nation building To provide to its ever expanding needs, IDBI formed subsidiaries & joint ventures across diverse areas of Banking & Financial System. IDBI Bank Ltd. is a Universal Bank. The Bank offers personalized banking and financial solutions to its clients in the retail and corporate banking arena through its large network of Branches and ATMs, spread across length and breadth of India IDBI has played a pioneering role in fulfilling its mission of promoting industrial growth through financing of medium and long-term projects

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THANKYOU