Credit Appraisal - 20118 Words

CREDIT APPRAISAL PROCESS IN BANK OF MAHARASHTRA A Summer Internship Project Report Submitted in partial fulfillment of the requirements of the PGDM (Post Graduate Diploma in Management) ITM BUSINESS SCHOOL,KHARGHAR SUBMITTED BY: RACHANA SINGH CHANDEL (KHR2011PGDM21F216) UNDER THE GUIDANCE OF: Mr. Suhas V. Vaishampayam Mr. Narendra Jain Faculty Guide, Company Guide, ITM Business School. Chief Manager,†¦show more content†¦Special thanks to for his continuous encouragement and invaluable supervision of Ms. Laxmi Lakhwani, Credit Manager, Regional Office, Raipur and for correcting me whenever I made mistakes. This project would not have been possible without her. I am grateful to Mr. D V Sonuley, Regional Manager, Bank of Maharashtra for extending all possible help whenever I needed it. I have to thank Mr. Mehra, Mr. Aseem Baani and Avani Rathod for all the help and to have made my tenure in Bank of Maharashtra a pleasurable experience. Lastly I would like to express my sincere gratitude to all those persons who have directly and indirectly contributed in completion of this project. Rachna Singh Chandel EXECUTIVE SUMMARY It gives me great pleasure to present this project report on â€Å"Credit Appraisal Process† at bank of Maharashtra. The project was carried out from 10th May to 10th July 2012.The main objective of the project was to study the process by which banks appraise loans/advances. To know details of the procedure by which banks take the decision of providing a firm with the funded or non funded finance asked by them. Firms need assistance from the bank in form of funded or non funded facilities to meet their long term medium term or short term requirements. Business cannot survive without money and availability of money being limited and wantsShow MoreRelatedcredit appraisal8971 Words   |  36 Pagesï » ¿CHAPTER 1: INTRODUCTION This project was undertaken to understand, analyze and review the â€Å"CREDIT APPRAISAL SYSTEM† at â€Å"HDB Financial Services†. The project is basically done to analyze the appraisal process and criteria’s set by the institution for obtaining Loan against Property. In addition the project also focused on financial performance of HDBFS. 1.1 Purpose of the Study The main purpose of study is to know how the loans are granted against property and how the worthiness of theRead MoreCredit Appraisal System9370 Words   |  38 Pagesto analysis of credit appraisal system with reference to Axis Bank. Axis banks one of private sector banks in India, which provides loans and advances when it is required by individuals or companies and accepts the deposits from the public. while providing loans advances to the public it faces number of problems like : * Of interest loans * Default interest security inadequate OBJECTIVES: * To study the credit appraisal methods. * To study existing credit appraisal system . * ToRead MoreCredit Appraisal and Credit Risk Management13437 Words   |  54 PagesRISKS IN BANKING: CREDIT RISK MANAGEMENT Industry Best Practices BANGLADESH BANK CREDIT RISK MANAGEMENT Industry Best Practices PREPARED FOR: BANGLADESH BANK PREPARED BY: FOCUS GROUP ON CREDIT RISK MANAGEMENT Team Co-ordinator: Team Members: Sudhir Chandra Das Ali Reza Iftekhar Niaz Habib A.G. Sarwar Brian J. McGuire Naser Ezaz Bijoy Page 2 INTRODUCTION: Risk is inherent in all aspects of a commercial operation, however for Banks and financial institutions, credit risk is an essentialRead MoreWorking Capital Financing and Credit Appraisal11582 Words   |  47 Pagesby a brief explanation of the working capital financing of M/s Paras Organics Private Limited. It should be noted that business transactions are generally carried on credit with a number of days elapsing subsequent to the sale being affected for realization of sale proceeds. While part of the raw materials may be purchased on credit, the business would still need to pay its employees, meet manufacturing and selling expenses such as wages, power, suppliers, transportation and communication and theRead MoreCredit Appraisal Assessment from Bankers Point of View in India3143 Words   |  13 PagesThe area of credit appraisal and assessment is very vast and each new account poses new challenges and tests our skill. Whenever a proposal is received, what does a banker looks for in it? Answer to this question is not only very detailed but also very complex. Earlier speakers might have already covered the finer aspects of the project/credit appraisal i.e. from the selection of the project to preparation of projected financials and evaluation of the project from the angle of acceptab ility, moreRead MorePerformance Reviews : Performance Appraisal1739 Words   |  7 Pagesaccurate appraisal system, but if that system is not accepted and supported by employees, its effectiveness ultimately will be limited (Fischer, 2010).A review of the evidence supporting the use of feedback (such as performance appraisal) suggests that providing personnel with feedback is like gambling in the stock exchange: On average, you gain, yet the variance is such that you have a 40% chance of a (performance) loss following feedback (Kluger DeNisi, 1996 Vol 119(2)). Performance appraisal timeRead MoreLoan Is Not For An Additional Six ( 6 )1120 Words   |  5 Pages2014. They paid cash for lot 2 and borrowed $470M from Burke Herbert Bank for the purchase of lot 3. The subject approval includes a $905M AD closed end line of credit, a $740M revolving construction to fund up to 2 of the 3 units, of which no more than 2 can be speculative (including a model), and up to $100,000 in Letters of Credit to cover the development bond. The Borrowers plans to market the Radford model on lots 2A and 3A and Custis model on Lot 3B. These lots will be accessed through MountRead MoreAnalysis Of The Movie Inside Out 865 Words   |  4 Pagesthat we have discussed in class that are present in the movie Inside Out are the Memory Consolidation theory, Wish-Fulfillment theory, and the Creativity theory. Another theory not talked about in class but present in the movie is the Cognitive Appraisal theory. Memory Consolation is a sleep theory. According to this theory sleep helps us restore and rebuild our fading memories from the day. In the film Inside Out the moment Riley shuts her eyes symboling that she is asleep her memories from theRead MoreStaffing, Performance Management Compensation Report3979 Words   |  16 Pagesstandards. To ensure successful transition to an internal recruitment policy, Team Fabulous will be recommending the following: * Adopt new hiring and progression policies. * Implement new appraisal training programs. * Adopt use of new performance appraisal forms that include employee self-appraisals and individual development plans. * Adopt a new compensation structure. Analysis of the vast information that was gathered has indicated that the proper use of a comprehensive performanceRead MoreArticl3754 Words   |  16 Pagesin the system of performance appraisal adopted in that organization. This, in turn, reflects the extent of the individual contributions and commitment of the employees in different hierarchical levels toward the achievement of organizational objectives/goals. It goes without saying that an effective performance appraisal system can lead an organization to take strides towards success and growth by leaps and bounds. Conversely, an ineffective performance appraisal system can seal the fate of an