canara_bank manas mcs

8/7/2019 canara_bank manas MCS

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Guided by : Mr.Guided by : Mr. KiranKiran KothariKothari

SUBMITTED BY : MANAS CHATURVEDI EX-03

CONTROL SYSTEMSCONTROL SYSTEMSOFOF

CANARA BANKCANARA BANK


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INTRODUCTIONINTRODUCTION

Founded By:Founded By: Late Sri Ammembal Subbarao PaiLate Sri Ammembal Subbarao Pai

''CanaraCanara Bank Hindu Permanent Fund' in 1906Bank Hindu Permanent Fund' in 1906

CURRENT CONDITIONCURRENT CONDITION

TheThe Banks aggregate business crossed Rs.4 lakhBanks aggregate business crossed Rs.4 lakh crorecrore mark.mark.

Net profit of the Bank crossed Rs.3000Net profit of the Bank crossed Rs.3000 crorecrore..

The Banks branch network crossed the 3000 mark.The Banks branch network crossed the 3000 mark.


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MR S RAMANCMD BANGALORE

MR JAGDISH PAI K L EXECUTIVE DIRECTOR BANGALORE

SHRI. H. S. U. KAMATH EXECUTIVE DIRECTOR BANGALORE

DR. THOMASMATHEW DIRECTOR REPRESENTING GOVERNMENT OFINDIA

NEW DELHI

SHRI G PADMANABHAN DIRECTOR REPRESENTING RESERVE BANK OF

INDIAMUMBAI

SHRI. DEVENDER DASSRUSTAGI WORKMEN EMPLOYEE DIRECTOR NEW DELHI

SHRI. G.V.MANIMARAN OFFICER EMPLOYEE DIRECTOR CHENNAI

SRI. P. V.MAIYA DIRECTOR REPRESENTING SHAREHOLDERS BANGALORE

SRI. SUNIL GUPTA SHAREHOLDER DIRECTOR HARYANA

BOARD OF DIRECTORS


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Branch Network*Branch Network*

CategoryCategory No. of BranchesNo. of Branches

31.03.2009 31.03.201031.03.2009 31.03.2010

Metropolitan 629 727Metropolitan 629 727

UrbanUrban 674 744674 744

SemiSemi--urbanurban 691 793691 793

RuralRural 735 779735 779

Total Branches 2729 3043Total Branches 2729 3043

*Composition of domestic branch network*Composition of domestic branch network


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http://www.equitymaster.com/research-it/ipo/canbank.html


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controlcontrol systemssystems

OFOF

CANARA BANKCANARA BANK

Decision making processDecision making process

Cash managementCash management


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Audit CommitteeAudit Committee BoardBoard

Governed by the directives of Reserve Bank ofGoverned by the directives of Reserve Bank ofIndia .India .

1.1. ACB provides a direction to oversees the operations ofACB provides a direction to oversees the operations of

total Audit function of the Banktotal Audit function of the Bank

2.2. To oversee the bank's financial reporting process andTo oversee the bank's financial reporting process and

ensuring correct, adequate and credible disclosure ofensuring correct, adequate and credible disclosure of

financial information.financial information.

3.3. Reviewing with the management, the financial statementsReviewing with the management, the financial statements

with accounting standards and other legal requirements,with accounting standards and other legal requirements,


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4.4. Quality and effectiveness of external and internal audit,Quality and effectiveness of external and internal audit,

5.5. Internal control system,Internal control system,

6.6. Interaction with external auditors before finalization ofInteraction with external auditors before finalization of

Annual accounts and reports,Annual accounts and reports,

7.7. Review Bank's finance and risk management policies.Review Bank's finance and risk management policies.

8.8. Examines, scrutinizes, reviews and takes appropriate actionExamines, scrutinizes, reviews and takes appropriate action

on the basis of comments given in Statutory/External Auditon the basis of comments given in Statutory/External Audit

reports,reports,


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RolesRoles & Responsibility& Responsibility

Shareholders'/ Investors' Grievances CommitteeShareholders'/ Investors' Grievances Committee

Remuneration CommitteeRemuneration Committee

Management Committee of the BoardManagement Committee of the Board

Risk Management CommitteeRisk Management Committee

Asset Liability Management CommitteeAsset Liability Management Committee

General Body MeetingsGeneral Body Meetings


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Decision making processDecision making process

ManagementCommittee

of the Board

Shareholders'/Investors'

GrievancesCommittee

RemunerationCommittee

RiskManagementCommittee

AssetLiability

ManagementCommittee


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MANAGEMENT COMMITTEE

1. Sri B Swaminathan Chairman

2. Sri G C Chaturvedi Member

3. Sri V Ramachandra Rao Member

4. Sri Anup Prakash Garg Member

5. Sri A N Balasubramanian Member

6. Sri S C Gupta Member

AUDIT COMMITTEE

1. Sri Anup Prakash Garg Chairman

2. Sri B SwaminathanM

ember3. Sri G C Chaturvedi Member

4. Sri V Ramachandra Rao Member

5. Sri U N Kapur Member


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SHAREHOLDERS'/INVESTORS' GRIEVANCES COMMITTEE

1. SriM PMehrotra Chairman

2. Sri B Swaminathan Member

3. DR. Sone Lal Member

RISKMANAGEMENT COMMITTEE

1. Sri B Swaminathan Chairman

2. Sri Anup Prakash Garg Member

3. SriM PMehrotra Member


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CASH MANAGEMENT, OR TREASURYCASH MANAGEMENT, OR TREASURY

MANAGEMENTMANAGEMENT

Why???Why???

Remove paperRemove paper--based clearing system.based clearing system. HHigh processing costigh processing cost

Security riskSecurity risk

High speed and accuracyHigh speed and accuracy

TimeTime


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CASH MANAGEMENT SERVICESCASH MANAGEMENT SERVICES

What is CCMS?What is CCMS?

TTo meet the requirements of Corporates/Business houses/Partnership firmso meet the requirements of Corporates/Business houses/Partnership firms

Speedy collection of outstation cheques and other instrumentsSpeedy collection of outstation cheques and other instruments

Pooling of funds at designated centresPooling of funds at designated centres

More importantly, providing funds to the Corporates as per their needMore importantly, providing funds to the Corporates as per their need

CustomisedMIS reportsCustomisedMIS reports

What We Offer?What We Offer? SUPERFAST SERVICESUPERFAST SERVICE -- Local cheque collection servicesLocal cheque collection services

FASTRACK SERVICEFASTRACK SERVICE -- Upcountry cheque collection servicesUpcountry cheque collection services

BULK COLLECTION SERVICEBULK COLLECTION SERVICE -- Bulk cheques collection servicesBulk cheques collection services


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CASH MGMT

ACCONTATNT

RECORDED

MANAGEMENT

LOCAL

ACCOUNTS

STATE

ACCOUNTS

FINANCE MANAGER

ADM ASSOCIATEADMIN ASSISTAT

RECORDED MANAGEMENT

COORDINATOR ACCONTATNT

ADM ASSOCIATE


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Benefits Of CMSBenefits Of CMS

Funds available as per need on day zero, day one, dayFunds available as per need on day zero, day one, day

two, day three etc.two, day three etc.

Corporates can plan their cash flowsCorporates can plan their cash flows

Bank interest saved as instruments are collected fasterBank interest saved as instruments are collected faster Affordable and competitive ratesAffordable and competitive rates

MIS reports customised to meet individualMIS reports customised to meet individual

Corporate's requirementCorporate's requirement

Single point enquiry for all queriesSingle point enquiry for all queries

Pooling of funds at desired locationsPooling of funds at desired locations

Operational in 148 Cities/CentresOperational in 148 Cities/Centres


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www.canarabank.comwww.canarabank.com

www.moneycontrol.comwww.moneycontrol.com


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