...There are 59 million Middle Market ($35k-$100k income) households in the India. A recent study showed that the majority of these households are underinsured and would prefer to buy insurance face to face*. HDFC Life Insurance Company recognizes the diverse needs of these households and is determined to do what we do best — provide financial services to those that need it. As such, we have developed many resources for our Agents that work with these households. At HDFC Life we have specific products, advertising, marketing plans and support, and everything that an Agent would need or want to succeed in this market. We encourage you to call upon us to help you in developing your business plan. Some of the ways in which we support our Middle Market Agents are: • Helping you to better understand and tap into the lucrative opportunities that exist in the Middle Market. • Showing you how to increase productivity by developing targeted marketing skills including networking and maximizing opportunities with various organizations and associations. • Making the right resources available to be able to identify and market to specific target segments of the Middle Market. Included in these resources are targeted direct mail campaigns, HDFC Life custom seminar programs, and event sponsorship opportunities. • Providing you with turnkey selling systems developed specifically for the Middle Market. • Offering hands-on training, case study analysis, and role-play exercises...
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...INTRODUCTION Genesis of Mutual Funds : The goal of security industry is to a nation of shareholding capitalists to make every man and woman a participant in corporate activities. A small investor is unsophisticated as far as corporate investment is concerned, with the limited resources he/she cannot buy share of blue chip companies. He may not in most cases get allotment of the shares applied for in the primary market, on the other hand he will get full allotment of some dud shares. His investment would therefore not be balanced and diversified. He is not thereby able to minimize his risk by spreading his limited funds over different industries. He has limited access to price sensitive information on the stock exchange. He may not know the developments taking place that take place in the equity market and corporate bodies. History of the Indian Mutual Fund Industry The mutual fund industry in India started in 1963 with the formation of Unit Trust of India, at the initiative of the Government of India and Reserve Bank the. The history of mutual funds in India can be broadly divided into four distinct phases First Phase – 1964-87 Unit Trust of India (UTI) was established on 1963 by an Act of Parliament. It was set up by the Reserve Bank of India and functioned under the Regulatory and administrative control of the Reserve Bank of India. In 1978 UTI was de-linked from the RBI and the Industrial Development Bank of India (IDBI) took over the regulatory...
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...HDFC BANK LTD. Introduction To HDFC Bank Ltd. The 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, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. The Bank’s total balance sheet size increased by 19.5% to INR 3,773.75 billion (`377,375 crore) as of September 30, 2012. Total deposits were INR 2,741.30 billion (`274,130 crore) as of September 30, 2012. Total income for the year ended March 31, 2012, was INR 325.3004 billion (`32,530.04 crore). Highlights • Net profit: 5,167 crore. An increase of 31.6% compared to the previous year • Balance sheet size: 337,909 crore as at 31st March 2012 • Total deposits: 246,706 crore. An increase of 18.3% compared to the previous year • Total advances: 195,420 crore. An increase of 22.2% compared to the previous year • Capital Adequacy Ratio: 16.5%. Regulatory minimum requirement is 9% • Tier I capital ratio: 11.6% • Non Performing Assets: 1,999 crore (gross); 1.0% of Gross Advances • Network: • Branches: 2544 • ATMs: 8913 • Cities: 1399 Key Ratios : 2010-2011 2011-2012...
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...Organizational Analysis Report Raghavendra Satwik - PGPEX 32/9 Rohan Gupta - PGPEX 35/9 Upendra Pisupati - PGPEX 50/9 Table of Contents Objective ....................................................................................................................................................... 3 Company Background ................................................................................................................................... 3 History ....................................................................................................................................................... 3 Operations ................................................................................................................................................ 4 Technology ................................................................................................................................................ 4 Management Team ................................................................................................................................... 5 Products & Services .................................................................................................................................. 6 External Environment ................................................................................................................................... 7 Organizational Culture .........................................................................
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...A REPORT ON “PRODUCT FEATURES OF HDFC CURRENT ACCOUNT WITH OTHER BANK, CA ACCOUNTS AND CUSTOMER REQUIREMENTS” A Thesis Submitted in the partial fulfilment of the requirements for The award of the degree of POST GRADUATE DIPLOMA IN MANAGEMENT SUBMITTED TO:HDFC BANK Paschim Vihar SUBMITTED BY:Aalok Aashish Kachhap 1 ACKNOWLEDGEMENT The success and final outcome of this project required a lot of guidance and assistance from many people and I am extremely fortunate to have got this all along the completion of my project work. Whatever I have done is only due to such guidance and assistance and I would not forget to thank them. I respect and thank Mr. Uttam Ahluwalia (CH) for giving me an opportunity to do the project work on “Product Features Of HDFC Current Account With Other Bank, CA Accounts And Customer Requirements” and providing me all support and guidance which made me complete the project on time. I would also like thank my industry guide Mr. Raja Saha (BM), I am extremely grateful to him for giving such a nice support and guidance though he had busy schedule and of course I should not forget to thank my faculty guide Dr. KM Kumar, for his full support and guidance throughout the SIP period. I would like to extend my gratitude to Mr. Rohit Parmar (Branch Operations Manager) and Mr. Danish Raza (ABM) who went out of their way to guide me throughout my project and gave varied insights. At last but not least I am also thankful to and fortunate enough...
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...Little is known about HDFC Bank and the people behind it. It is a highly successful and profitable new generation bank in the private sector. It came alongside ICICI Bank and at several points in time, the market capitalization of HDFC Bank has been higher than that of ICICI Bank and SBI. Since inception Aditya Puri has been the MD of HDFC Bank and has been steering the bank, through times, good and bad, successfully. The bank has been growing 30% year-on-year for the last 15 years and has one of the lowest NPAs in the business. In spite of the absence of home loans ( as it is the preserve of its promoter HDFC Ltd) , the bank has a strong retail business. HDFC Bank and Aditya Puri have got legions of awards for this success. Mr. Aditya Puri has been Managing Director of HDFC Bank Ltd. since September 1994. Mr. Puri served as Chief Executive Officer of Citibank Malaysia from 1992 to 1994. He has over 30 years of experience in both domestic and international banking. He serves as a Deputy Chairman of Indian Banks' Association. He serves as a Director of HDFC Bank Ltd. He was awarded the Asian Banker Leadership Achievement Award 2006 for India. Mr. Puri holds a Bachelor of Commerce degree from Punjab University and is an Associate Member of the Institute of Chartered his Accountants of India. His management mantra has been inspired by a cartoon he saw in one foreign newspaper. One half of the cartoon showed the boss neck-deep in work while others outside were having a whale of...
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...Johnson & Johnson is a U.S multinational medical devices,pharmaceutical and consumer packaged goods manufacturer founded in 1886.was formed by three brothers with the idea of Doctors and nurses using sterile suture,dressings along with bandages which were used to treat people . The mission is to improve the quality of life for people everywhere while still maintaining a standard of employee and customer service.The work in areas of scientists ,healthcare professionals to maintain and achieve quality of standard. OWNERSHIP AND STRUCTURE More than 125 years the company is serving in almost 60 conturies ,supply chain network includes 125 manufacturing sites, 500 distribution centres, more than 700 external manufactures.The mergers and acquisitions include Neutrogena(Skin and hair care), Cordis(vascular disease),Biopsy Medical(breast cancer),Depuy (Orthopedic devices), Centocor(immune related disease), Alza(drug delivery),Inverness Med. Tech(Diabetes self management),Scios(Cardio vascular diseases),Closure(tropical wounds),Peninsula Pharmaceuticals(Life threatening infections),Pfizer consumer healthcare(consumer health care),Mentor Corporation(medical products),Omrix(biosurgery products),etc PHARMACEUTICALS: J & J offer treatment to most widespread diseases in world ,in 2011, $5.1 billion was invested in pharmaceutical research and development for new medicines to treat these and many other disease CONSUMER HEALTH CARE:Millions of people use J & J products everyday...
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...GANN SQUARE OF NINE INTRADAY ANALYSIS Data used: Last Traded Price (LTP) at 9:30 am Stocks Analyzed: * ACC LTD * ULTRATECH CEMENT LIMITED * HDFC BANK LTD * AXIS BANK LTD * DABUR INDIA LTD * NESTLE INDIA LTD * APOLLO TYRES LTD * MRF LTD * DR. REDDY’S LABORATORIES LTD * SUN PHARMACEUTICAL INDUSTRIES LTD * APOLLO HOSPITALS ENTERPRISE LTD CEMENT INDUSTRY ACC LTD LTP: 1476.25 Resistance: 1491.89 1501.56 1511.27 1521.00 1530.77 Support: 1463.06 1453.52 1444.00 1434.52 1425.06 Buy at or above: 1482.25 Buy Targets: 1491.14 1500.81 1510.51 1520.24 Stoploss: 1472.64 Sell at or below: 1472.64 Sell Targets: 1463.79 1454.25 1444.72 1435.24 Stoploss: 1482.25 ULTRATECH CEMENT LTD LTP: 3117 Resistance: 3136.00 3150.02 3164.06 3178.14 3192.25 Support: 3094.14 3080.25 3066.39 3052.56 3038.77 Buy at or above: 3122.02 Buy Targets: 3134.43 3148.44 3162.48 3176.55 Stoploss: 3108.06 Sell at or below: 3108.06 Sell Targets: 3095.69 3081.79 3067.92 3054.09 Stoploss: 3122.02 BANKING SECTOR HDFC BANK LTD LTP: 1061.40 Resistance: 1072.56 1080.77 1089.00 1097.27 1105.56 Support: 1048.14 1040.06 1032.02 1024.00 1016.02 Buy at or above: 1064.39 Buy Targets: 1072.02 1080.23 1088.46 1096.72 Stoploss: 1056.25 Sell at or below: 1056.25 Sell Targets:...
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...I Need a Vacation Our goal in this assignment was to create a portfolio with stocks that had a beta greater than 1.5. That is the volatility of each stock had to be 1.5 too the market. Our assignment gives us the option of longing the stocks (buying 25 to 30 stocks). In this case, in order for us to not lose too much money and not make a unexploited amount we have to hedge our portfolio using future contracts of the e-Mini S&P 500 (Globex). These future contracts need to be sold short in order to hedge the portfolio. We had a parameter of the amount of money we count spent. We could spend between 8.5 million to 9.5 million dollars. In this case, calculated that I could spend 9 millions and if I need it to go a bit more I still had room to spend money without surpassing the 9.5 million limit. I divided 9million by the 30 stocks I decided to buy and that gave me $300,000 for every stock. Meaning, I could spend $300,000 for every stock. Then, to get the number of stocks I could buy every stock I divided $300,000 by the stock (market) price and I got the unit amount I could buy. I sold everything on my portfolio to start this new project my available cash in crease from $10,000,000 at the beginning of the first project to a $10,316,102.36 at the end. So, for my new project I started with $10,316,102.36 before buying and hedging everything on my portfolio. Moving forward, for my new longed (bought) the 30 stocks I had selected for my portfolio and sold short the future...
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...COMPANY ANALYSIS INTRODUCTION The 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, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. HDFC Bank is one of the Big Four banks of India, along with: State Bank of India, ICICI Bank and Punjab National Bank. Mission statement: HDFC Bank's mission is to be a World-Class Indian Bank. The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of banking services for target retail and wholesale customer segments, and to achieve healthy growth in profitability, consistent with the bank's risk appetite. The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. HDFC Bank's business philosophy is based on four core values - Operational Excellence, Customer Focus, Product Leadership and People. PRODUCT VERTICALS HDFC Bank offers a wide range of commercial and transactional banking services and treasury products to wholesale and retail customers. The bank has three key business segments: 1. Wholesale Banking Services ...
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...In the year 1994, HDFC bank was t the first private sector bank to receive an 'in principle' approval from the Reserve Bank of India to set up a bank in the private sector, Its headquarter is in Mumbai. As of June 30, 2016, The bank has a network of 4,541 branches and 12,013 ATMs, about 76,286 employees. The bank also has international branches in Bahrain, Hong Kong and Dubai. HDFC Bank is the second largest private bank in terms of its assets. They offer a variety of services such as retail banking, wholesale banking and treasury operations. 1.9.3 History and Profile of Axis Bank: - Axis Bank is the third largest Private sector financial in India which was established in 1993. In the year 1994, its registered office is at Ahmedabad and corporate office at Mumbai. As of 12 Aug 2016, the bank had a network of 3,120 branches and 12,922 ATM’S. Axis Bank has the wide ATM network among all the private banks in India and it operates an ATM at...
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...HDFC BANK INTRODUCTION HDFC (Home Development Finance Corporation) Home Loan, India have been serving the people for around 3 decades and providing various housing loan according to their varied needs at attractive and reasonable interest rates. Owing to their wide network of financing, HDFC Home Loans provide services at doorstep and helps you find a home as per your requirements. COMPANY PROFILE HDFC Limited founded in 1997 by Ravi Maurya and Hansmukh bhai Parekh, is an Indian NBFS focusing on home loans. HDFC operates through almost 450 locations throughout the country with its corporate head quarters in Mumbai, India. HDFC also has an international office in Dubai, UAE with service associates in Kuwait. HDFC is the largest housing company in India for the last 27 years. HDFC was amongst the first to receive an in principal approval from RBI to set up a bank in the private sector, as a part of the RBI’s liberalization of the Indian banking industry. It was incorporated onincorporated on 30th august 1994 in the name of ‘HDFC Bank Limited’, with its registration office in Mumbai. HDFC began its operations as a scheduled commercial bank on 16 January 1995. HOME LOAN PRODUCTS • Home Loan: Home loans for individuals to purchase (fresh / resale) or construct houses. Application can be made individually or jointly. • Home Improvement Loan: The interiors of any home reflect the personal preferences and tastes of its owners making it...
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...This research aimed at applying “SERVQUAl” model to examine the relationship between the HDFC and ICICI bank service quality. The service quality of HDFC bank and ICICI bank has been evaluated by surveying different people in Delhi/NCR. Data Collected through the primary data through questionnaire. The service quality has been determined based on survey data of 50 respondents. The Service quality of HDFC bank and ICICI bank has been measured based on 5 broad parameters. These parameters are tangibility, reliability, responsiveness, assurance and empathy and these are the independent variable. The responses of respondents were collected for each of the parameters on a 5 point scale. The 5 point scale had the following options of poor, fair, good, very good and excellent and these are the dependent variable. The net score of each respondent is calculated by taking the average of the values of the 5 options. To know the impact of these parameters on service quality using SPSS software. Using SPSS software independent sample t-test performed to know the impact of these 5 parameters on service quality. The results showed that there was no significant difference in the HDFC/ICICI bank’s service quality based on 5 parameters. But, there is significant difference in the HDFC and ICICI bank based on empathy and HDFC bank is better than ICICI bank on the basis of empathy. 2) Introduction The Indian banking sector which was dominated by the public sector banks, witnessed a number...
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...PROJECT REPORT ON {Commercial Credit Appraisals} “It Revolves around Character, Collateral & Capacity” FOR {HDFC Bank} BY () Submitted in partial fulfillment of requirements for award of Post Graduate Diploma in Management ATHARVA SCHOOL OF BUSINESS Marve Road, Charkop Naka, Malad (W), Mumbai 400 095 DECLARATION I hereby declare that the Project titled "{Commercial Credit Appraisals With HDFC Bank Ltd}" submitted as a part of the study of Post Graduate Diploma in Management (PGDM) is my original work. The Project has not formed the basis for the award of any other degree, diploma, associate ship, fellowship or any other similar titles. Place: Mumbai Date: CERTIFICATE This is to certify that () has completed the Project "{Commercial Credit Appraisals}" under the guidance of Prof. in partial fulfillment of the requirements for the award of Post Graduate Diploma in Management for the academic period 2009-11. Signature of the Guide Signature of the Director Place: Mumbai Date: ACKNOWLEDGEMENTS I take this opportunity to express my gratitude and extend my thanks to all those whose help and guidance made this endeavor successful. I extend my sincere thank to Shri Sunil Rane, Executive President, Atharva Education Trust; Shri N. S. Rajan, Dean...
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...“CREDIT APPRAISAL PROCESS ON WORKING CAPITAL FINANCE IN HDFC BANK (MSME)” A summer internship project submitted in partial fulfilment of the requirements for the award of the degree of MASTER OF BUSINESS ADMINISTRATION By BIPIN CHANDU M Register No 1220310 Under the guidance of PROF. KRISHNA M C Institute of Management Christ University, Bangalore MBA 2012-2014 DECLARATION I, , do hereby declare that the summer internship project entitled Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME) has been undertaken by me for the award of the degree of Master of Business Administration. I have completed this study under the guidance of Prof. Krishna M, Professor of Finance, Institute of Management, Christ University, Bangalore. I also declare that this project work has not been submitted for the award of any degree, diploma, associate ship or fellowship or any other title in this University or any other university Place: Bangalore Date: (Name & Signature of the Candidate) Bipin Chandu M Register No 1220310 CERTIFICATE This is to certify that the summer internship project submitted by Mr Bipin Chandu M on the title “Credit Appraisal Process on Working Capital Finance at HDFC Bank (MSME)” is a record of research work done by him during the academic year 2012 – 14 under my guidance and supervision in partial fulfilment of Master of Business Administration. This project work has not been submitted for the award of any degree, diploma, associate ship or fellowship...
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