seminar repo sem 4

8/2/2019 Seminar Repo Sem 4

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A

Seminar Report

On

BANKING INDUSTRIES IN INDIA

Submitted for partial fulfillment of requirement for the award of

degree of

Master of Business Administration

Of

CHHATTISGARH SWAMI VIVEKANAND TECHNICAL UNIVERSTY

BHILAI (C.G.) Session 2009-11

Submitted By

Neelam Meshram

MBA IV Semester

MBA/09/4233

DEPARTMENT OF MANAGEMENTRUNGTA COLLAGE OF ENGINEERING & TECHNOLOGY

APPROVED BY AICTE, NEW DELHI,

KOHKA-KURUD ROAD, BHILAI


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INTRODUCTION

OVER VIEW OF BANKING:

The General Bank of India was set up in the year 1786. Next came Bank of Hindustan and

Bengal Bank. The East India Company established Bank of Bengal (1809), Bank of

Bombay (1840) and Bank of Madras (1843) as independent units and called it presidency banks.

Banking Regulation Act of India, 1949 defines Banking as accepting, for the

purpose of lending or of investment of deposits of money from the public, repayable on demand

or otherwise or withdrawable by cheque, draft order or otherwise. The Reserve Bank of India

Act, 1934 and the Banking Regulation Act, 1949, govern the banking operations in India.

WHAT IS BANKING?

A system of trading money which provides a safe place to save excess cash, known asdeposits.

Supplies liquidity to the economy by loaning this money out to help businesses grow andto allow consumers to purchase consumer products, homes, cars etc.

WHAT ARE BANKS?

Institutions which deals in money and credit. An intermediary, which handles other peoples money both for their advantage and to its

own profits.

A financial institution that links the flow of funds from savers to the users. Plays an important role in the economy of any country as they hold the saving of the

public.


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BROAD CLASSIFICATION OF BANK IN INDIA

1. The RBI: The RBI is the supreme monetary and banking authority in the country andhas the responsibility to control the banking system in the country. It keeps the reservesof all scheduled banks and hence is known as the Reserve Bank.

2. Public Sector Banks Nationalized Banks (19) Regional Rural Banks Sponsored by Public Sector Banks (196)3. Private Sector Banks:

(22)

4. Co-operative Sector Banks:

-operative Banks -operative Banks Land Development Banks5. Development Banks: Development Banks mostly provide long term finance for

setting up industries. They also provide short-term finance (for export and import

activities)

Industrial Finance Co-operation of India (IFCI) Industrial Investment Bank of India (IIBI) National Bank for Agriculture and Rural Development (NABARD) Export-Import Bank of India


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TYPES OF BANKS IN INDIA

CENTRAL

CENTRAL BANK

COMMERCIAL BANK

INSTITUTIONAL BANK

SPECIALIZED BANK

NON BANKING FIS


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ROLE OF BANKING

Banks play a positive role in economic development of a country as repositories of communitys

savings and as purveyors of credit. Indian Banking has aided the economic development during

the last fifty years in an effective way. The banking sector has shown a remarkable

responsiveness to the needs of planned economy. It has brought about a considerable progress in

its efforts at deposit mobilization and has taken a number of measures in the recent past for

accelerating the rate of growth of deposits. As recourse to this, the commercial banks opened

branches in urban, semi-urban and rural areas and have introduced a number of attractive

schemes to foster economic development.

COMMERCIAL ROLE OF BANKING

Issue of banknotes (promissory notes issued by a banker and payable to bearer ondemand)

Processing of payments by way of telegraphic transfer, EFTPOS, internet banking orother means

Issuing bank drafts and bank cheques Accepting money on term deposit Lending money by way of overdraft, installment loan or otherwise Providing documentary and standby letters of credit (trade finance), guarantees,

performance bonds, securities underwriting commitments and other forms of off-balance

sheet exposures

Safekeeping of documents and other items in safe deposit boxes Currency exchange Acting as a 'financial supermarket' for the sale, distribution or brokerage, with or without

advice, of insurance, unit trusts and similar financial products


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ECONOMIC ROLE OF BANKING

Issue of money, in the form of banknotes and current accounts subject to cheque orpayment at the customer's order.

Netting and settlement of payments. Credit intermediation Credit quality improvement Maturity transformation

MAIN COMPETITORS OF BANKS

Mutual fund Share market Insurance. Money lenders Family and friends


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PRESENT SCENARIO

Banking industry has been undergoing a rapid transformation. Banks today are market driven and market responsive. With the entry of new players and multiple channels, customers (both corporate and

retail) have become more discerning and less "loyal" to banks.

They have been managing a world of information about customers - their profiles,location, needs, requirements, cash positions, etc.

Furthermore, banks have very strong in-house research and market intelligence units in order to face the future challenges of competition, especially customer retention


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SERVICES GIVEN BY BANKS

Demat account

Lockers

Cash management

Insurance product

Mutual fund product

Loans

ECS(Electronic clearance system)

Taxes


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CONCLUSION

This seminar report has been prepared by me to know the BANKING INDUSTRIES IN

INDIA. In this report I have studied about various banking industries, and by doing this I have

observed that the banking services is growing very good, they are doing this to develop the

country economically. Their aim is to make the customers knowledgeable, satisfied.


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