sabarkantha district central co (2)

V V . M . P A T E L C O L L E G E O F M A N A G E M E N T S T U D I E S

SABARKANTHA DISTRICT CENTRAL CO-OPERATIVE BANK

LTD.

Time Keeping System

Monday To Friday

10:30 A.M. To 5:00 P.M.

Saturday

10:30 A.M. To 01:30 P.M.


GENERAL

INFORMATION


Defination of Bank

The bank is a financial institute that accept deposits and channels the money into lending activity.

A banker or bank is a financial institute whose primary activity is to act as a payment agent for customer and borrow and lend money.

The Banker is an institute who deal with the money of other; but he often lends his own money, and when thus acting he is one of the two original parties.

The Banker is an establishment authorized by a government to accept deposits, pay interest,clear check make loans, act as an intermediary in financial transactions, and provided other financial services to its customer.

The Bank is an organization, usually a corporation, charted by a state or federal government,

which does most or all the following : Receives demand deposits and time deposits, honors instrument drawn by them, and pays interest on them; discounts notes, makes loans and investment in security; collects checks, draft, and notes; certifies depositor’s checks; and issues draft and cashier’s checks.


INTRODUCTION OF

BANK


History of Bank We all know that before in Depend Sabarkantha district was considered under Mahikhantha. After 1948 it is known as Mahikhantha district, but Mahikhantha has no relation with This land Sabarmati following in west differentiate Banashkantha and Mahesana district so many social worker has established Sabarkantha district in month of August 1949. A side of 22% population other is backward cast population so due to lake of education government activity as greater importance and their goals must need appropriate speed so in order to development this district finances' to avoid the financial crycil in 15 April 1959. A government bank ltd. Before a tie establish this bank (1960) the Bombay state co-operative bank ltd, is there for financial service in 1959 the first bench is establish Himmatnagar. After that told in 1950 modes in 1951. Ldler in 1958, Khedbrahma in 1959. As also establish. But the Financial help for the farmer of S.K District was control from the Bombay so it is very difficult reserve bank of India has announce to develop center government bank in every district. The S.K District central co-operative bank ltd. was establish 1January 1960, official work started. In 1959 when bank was establish it is notice there are only two center bank and total 4 branches, in that Punjab national bank was establish ltd, in 1951.


History of Banking Sector

Banking in India originated in the last decades of the 18th century. The first banks were the general bank of India which started in 1786, and the bank of Hindustan, both of which are now defunct.

The oldest bank in existence in India is a state bank of India, Which originated in the bank of Calcutta in June 1806, which almost immediately became the bank of Bengal. This was one of the three presidency banks, the other two being the bank of Bombay and the bank of madras, all three of which were established under charters from the British east India Company.

For many years the presidency banks acted as quasi-central Banks, as did their successors. The three banks merged in 1921 to form the imperial bank of India, which, upon India’s independence, become the state bank of India.

Indian merchant in Calcutta established the union bank in 1839, but it failed in 1848 as a consequence of the economic crisis of 1848-49. The Allahabad bank established in 1865 and still functioning today is the oldest joint stock bank in India.


It was not the first thought. That honor belongs to the bank of upper India, which was established in 1863, and which survived until 1913, when it failed, with some of its assets and liability being transferred to the alliance bank of simla.

When the American civil war stopped the supply of cotton to Lancashire from the confederate states, promoters opened banks to finance trading in Indian cotton with large exposure to speculative ventures, most of the banks opened in India during that period failed. The depositors lost money and lost interest in 0keeping deposits with the banks.

Subsequently, banking in India remained the exclusive domain of Europeans for next several decades until the beginning of the 20th century.

Foreign banks too started to arrive, particularly in Calcutta in the 1860s the comptoire d’escompts de Paris opened a branch in Calcutta in 1860, and another in Bombay in 1862; branches in madras and puducherry, then a French colony, followed. HSBC established in bangle in 1869. Calcutta was the most active trading port of India, mainly due to the British empire, and so became a banking center.

The bank of Bengal, which later merged with the bank of Bombay and the bank of madras to form imperial bank of India in 1921.

The First entirely Indian joint stock bank was the Oudh commercial bank, established in 1881 in faizabad. It failed in 1958. The next was the Punjab national bank, established in Lahore In 1895, which has survived to the present and now one of the largest banks of India.


Around five decades had elapsed since the Indian mutiny, and the social, industrial, and another infrastructure had improved. Indians had established small banks, most of which served particular ethnic and religious communities.

The presidency bank dominated banking in India but there were also some exchange banks and a number of Indian joint stock banks. All these banks operated in different segment of the economy. The exchange banks, mostly owned by Europeans, concentrated on financing.

Foreign trade, Indian joint stock banks were generally undercapitalized and lacked the experience and maturity to compete with the presidency and exchange banks. This segmentation let Lord Curzon to observe, in respect of banking it seems we are behind the times. We are like some old fashioned sailing ship, divided by solid wooden bulkheads into separate and cumbersome compartment.

The period between 1906 and 1911, saw the established of banks inspired by the Foreigner movement. The Foreigner movement inspired local businessmen and political figure to found banks of and for the Indian community. A number of banks established then have survived to the present such as bank of India, corporation bank Indian bank, Bank of Borada, Canara bank and central bank of India.

The fervor of Foreigner movement lead to establishing of many private banks in dakshina kannada and udupi district which were unified earlier and known by the name south canara district, four nationalized banks started in this district and also a leading private sector bank. Hence undivided dakshina Kannada district is known as “cradle of Indian banking”.


During the first world war through the end of Second World War, and two years thereafter until the independency of India were challenging for Indian banking. The years of the he first world war were turbulent, and it took its toll with banks simply.


Post – Independence

The partition of India in 1947 adversely affected the economy of Punjab and west Bengal paralyzing banking activities for months India’s independence mark the end of the regime of the laissez-faire for the Indian banking the government of India initialed measure to play an active role in the economic life of the nation, and the industrial policy resolutions adopted by government In 1948 envisaged a mixed economy.

This resulted into greater involvement of the state in different segment including banking and finances the major steps to regulate banking included.

In 1948, the reserve bank of India. India’s central banking Authority was nationalized and it became an institute owned by the government of India.

In 1949, the banking regulation act was enacted which empowered reserve bank of India “to regulate, control, and inspect bank of India”.

The banking regulation act also provided that no new bank or branch of existing bank can be open without a license from RBI and no two bank have common director.

However despite three provision, control and regulation, banks in India except the state bank of India, continued to be owned.

This changed with the nationalized of major banks in India on19 July 1969.


Nationalization

The RBI was nationalized on 1st January, 1949 in terms of reserve bank of India act, 1948.

By the 1960, the Indian banking industry had an important tool to facilitate the development of the India economy at the same time, it had emerged as a large employer, and a debate had ensued about the possibility to nationalize the banking industry. Indira Gandhi, the prime minister of India express the intention of the GOI in the annual conference of all India congress meeting in a paper entitled “stray thought on bank nationalization” the paper was received with the positive enthusiasm.

Thereafter, her move is state and sudden, and the GOI issued an ordinance and nasalization the 14 largest commercial bank with effect from the midnight of July 19, 1969 jayaprakash Narayan a national leader of India”.

Within two weeks of issue of the ordinance, the parliament passed the banking companies bill, and it receive presidential approval on 9 august 1969.

A second dose of nationalization of 6 more commercial bank followed in 1980. The stated reason for nationalization was to give the government more control of credit delivery. Within the second dose of nationalization, the GOI controlled around 91% of banking business in India. Later on, in the year of 1993 the government merged new bank of India with Punjab national bank. It was the only merger between nationalized bank and resulted reduction of nationalized bank from 20 to 19. After this, until the 1990s, the nationalized banks grew at a pace of around 4%, closer to the average growth rate of the Indian economy.


Liberalization

In the early 1990s, the then narsimha rao government embarked on a policy of liberalization, licensing a small number of private banks. This came to be known as new generation tect-savvy banks, and included global trust bank. Which later amalgamated with oriental bank of commerce, axis bank, ICICI bank and HDFC bank this move, along with the rapid growth with strong contribution from the entire three sectors of banks, namely, government banks, private banks and foreign bank.

The next stage for the Indian banking has been set up with proposed relaxation in the norms for foreign direct investment. Where all foreign investor in banks may be given voting rights which could exceed the present cap of 10%, at present it has goes up to 74% with some restriction.

The new policy shook the banking sector in India completely.

The new wavy ushered in a modern outlook and Tect-savvy methods of working for traditional banks. All these led to the retail boom in India. People not just demanded more from their banks but also received more.

Currently, banking in India is generally fairly mature in terms of supply, product range and reach-even though reach in rural India still remains a challenge for private sector and foreign banks in tears of quality of assets and capital adequacy. Indian banks are considered to have clean, strong and transparent balance sheets relative to other banks in comparable economies in its region. The reserve bank of an India is an autonomous body, with menial pressure from the government.


The stated policy of the bank on the Indian Rupee is to manage volatility but without any fixed exchange rate and this has mostly been true.

With growth in the Indian economy expected to be strong for quite some-time especially in its services sector.

The demand for banking services, especially retail banking, mortgages and investment services are excepted to be strong. One may also expect M&as, takeovers, and asset sales.


Bank Sector Reforms After independence in 1947, the government took the view that loans extended by colonial banks were biased toward working capital for trade and large firms. Moreover, it was perceived that banks should be utilized to assist India’s planned Development strategy by mobilizing financial resources to strategically important Sectors. Reflecting these views, all large private banks were nationalized in two stages: in 1969 and then in1980. Subsequently, quantitative loan targets were imposed on these banks to expand their networks in rural areas and they were directed to extend credit to priority sectors. These nationalized banks were then increasingly used to finance fiscal deficits. Although non- nationalized private banks and foreign banks were allowed to coexist with public-sector banks at that time. Their activities were highly restricted through entry regulations and strict branch licensing policies. Thus, their activities remained negligible.

Against this background, the first wave of financial liberalization took place in the

Second half of the 1980s. The new policy shook the Banking sector in India completely. Bankers, till this time,

were used to the 4-6-4 method (Borrow at 4%, Lend at 6%; Go home at 4) of functioning. The new wave ushered in a modern outlook and tech-savvy methods of working for traditional banks. All this led to the retail boom in India. People not just demanded more from their banks but also received more.

Following the 1991 report of the Narasimham Committee l, more comprehensive reforms took place that same year. The reforms consisted of:

1) A shift of banking sector supervision from intrusive micro-level intervention over

credit decisions toward prudential regulations and supervision;

2) A reduction of the CRR and SLR; interest rate and entry Deregulation.


3) Adoption of prudential norms.

Further, in 1992, the Reserve Bank of India issued guidelines for income recognition,

asset classification and provisioning, and also adopted the Basle Accord capital.

The government also established the Board of Financial Supervision in the Reserve Bank of India and recapitalized public-sector banks in order to give banks sufficient financial strength and to enable them to gain access to capital markets.

In 1993. The Reserve Bank of India permitted private entry into the banking sector,

provided that new banks were well capitalized and technologically advanced, and at the same time prohibited cross-holding practices with industrial groups. The Reserve Bank of India also imposed some restrictions on new banks with respect to opening branches, with a view to maintaining the franchise value of existing banks.

Narasimham committee ll (1998):

1) To suggest necessary legislative changes for implementation of electronic Funds transfer, with, inter Alia, emphasis on:

i) Encryption of Public Switching Telephone Network

(PSTN) lines;

ii) Admission of electronic files as evidence iii) Treating Electronic Funds Transfers on par with Crossed cheques.


iv) Record keeping:

2) To recommend approaches for development of lntra-Bank/Intra-city

Communication network to facilitate Connectivity with VSATs

3) To suggest ways to bring about computerization of Government accounts in an

expeditious and efficient Manner.

4) To work out modalities necessary for development andOptimal utilization of a

Secure, robust Wide Area Network Based on satellite with the necessary security systems, by Banks and other financial institutions, to ultimatelyDevelop a Sound and efficient payments system.

5) To examine methods by which technological up gradation In banks and financial institutions could be affected and in The context study the feasibility of relating to establishment of Standards, designing payments system backbone and Standards security levels. Messages and smart Cards by IDRBT.

6) To make recommendations for development of data Warehousing and data mining, with a view to creating Opportunities for development of efficient Management Information System in near future.

7) To recommend guidelines for outsourcing of programs Development and implementation work, and

8) To make recommendations on any other related issues Like assigning of risk weight of 2.5 per cent to cover market risk in respect of investments in securities outside The SLR by March 31, 2001 in addition to a similarprescription for Government and other approved securities by March 31, 2000.


BANKS IN INDIA Axis Bank

Reserve Bank of India

ABN AMRO Bank Bank of India Bank of Maharashtra Bank of Rajasthan Barclays Bank PLC Centurion Bank Ltd DBS Bank Ltd" Corporation Bank Development Credit Bank Ceylon Bank HDFC Bank India Dhanlakshmi Bank Ltd Indian Overseas Bank Federal Bank Ind Bank Housing Ltd lClCl Bank Ltd Karur vysya Bank Limited Industrial Development Bank Mizuho Corporate Bank JP Morgan Chase Bank Punjab National Bank Lakshmi Vilas Bank State Bank of India Oriental Bank of Commerce State Bank of Mysore Ratnakar Bank SBI Commercial State Bank of Hyderabad The Nainital Bank Ltd. State Bank of Bikaner & Jaipur Vijay Bank South Indian Bank Andhra Bank United Bank of India Bank of America Allahabad Bank Bank of Punjab Arab Bangladesh Bank Canara Bank India Bank of Baroda India Citi bank Bharat Overseas Bank Catholic Syrian Bank State Bank of Travancore Deutsche Bank India State Bank Of lndore IndiaGlobal Trust Bank Ltd Dena Bank LDBl Bank Ltd Export-import Bank of India ING Vysya Bank Ltd Cosmos Co-operative Bank Karnataka Bank Hongkong Shanghai Banking Lord Krishna Bank lnduslnd Bank Ltd Punjab and Sind Bank Jammu and Kashmir Bank Standard Chartered Bank Kotak Mahindra Bank State Bank of Patiala American Express Bank Ltd


CONTRIBUTION OF BANKING SECTOR IN GROWTH OF ECONOMY In India, as in many developing countries, the commercial banking sector has been the dominant element in the country's financial system. The sector has performed the key functions of providing liquidity and payment services to the real sector and has accounted for the Bulk of the financial intermediation process Besides institutionalizing savings, the banking sector has contributed to the process of economic development by serving as a major source of credit to households government, business and to weaker sectors of the economy like village and small scale industries and agriculture. Over the years, over 3O-4O% of gross household savings, have been in the form of bank deposits and around 60% of the assets of all financial institutions accounted for by commercial banks. An important landmark in the development of banking sector in recent years has been the initiation if reforms following the recommendations of the first Narasimham Committee on Financial System. in reviewing the strengths and weaknesses of These banks, the Committee suggested several measures to transform the Indian Banking sector from a highly regulated to a more market oriented system and tenable it to compete effectively in an increasingly Globalised environment . Many of the recommendations of the Committee especially those pertaining to interest rate, an institution of prudential regulation and transparent accounting norms were in line with banking policy reforms implemented by a host of developing countries since 1970" s.


AWARDS NABARD's best performing award in the year 2002-03. Award for 3'd rank in all over state in the year of 2003-04. The Bank Linkage programmed Award 2003-04. Excellence in Preparation of Annual Report in the Year of 2010.


Organization Structure

Board of Director

Chairman Vice Chairman Managing Director Director

General Manager

Branches

D.G.M.

Manager Development

Manager Banking


MARKETING

DEPARTMENT


Marketing is process of performing market research, selling products and /or services to customers and promoting then via advertising to further enhance sales it generates the strategy that underlies sales techniques, business communication, and business development .it is an integrated process through which companies build strong customer relationship and creates value for their customers and for themselves.

Marketing helps in achieving the organizational objectives of the bank. Indian banks have duel organizational objectives – commercial objective to make profit and social objective which is a developmental role, particularly in the rural area.

Marketing concept is essentially about the following few thing which contribute towards banks’ success:

1) The bank cannot exist without the customers.

2) The purpose of the bank is to create, win, and keep a customer.

3) The customer is and should be the central focus of everything the banks does.

4) It is also a way of organizing the bank. The starting point for organizational design should be the customer and the bank should ensure that the services are performed anddelivered in the most effective way. Service facilities alsoshould be designed for customers’ convenience.

5) Ultimate aim of a bank is to deliver total satisfaction to the customer.


6) Customer satisfaction is affected by the performance of all the personal of

the bank.

This philosophy demands the satisfaction of customers needs as the pre-requisite for the existence and survival of the bank. The first and most important step in applying the marketing concept is to have a whole hearted commitment to customer orientation by all the employees. marketing is an attitude of mind. This means that the center focus of all the activities of a bank is customer.

Marketing is not a separate function for banks. The marketing function in Indian banks is required to be integrated with operation.

Marketing is much more than just advertising and promotion; I is a basic par of total business operation. What is required for the bank is the market orientation and customer consciousness among all the personal of the bank. For developing marketing philosophy and marketing culture, a bank may require a marketing coordinator or integrator at the head office reporting directly o the chief executive for effective coordination of different functions, such as marketed research, training, public relations, advertising, and business development, to ensure customer satisfaction.

The Executive director is the most suitable person to do this coordination work effectively in the Indian public sector banks, though ultimately the Chief executive is responsible for the total marketing function involves the following;

a) Market research i.e. identification of customer’s financial needs and wants and forecasting and researching future financial market needs and competitors’ activities.


b) Product development i.e. appropriate products to meet consumers’ financial needs.

c) Pricing of the service promotional activities and distribution of system in accordance with the guidelines and roles of the reserve bank India.

d) Developing market

Thus, it is important to recognize the fundamentally different functions that bank marketing has to perform. Since the banks have to attract deposits and attract users of funds and other services, marketing problems are more complex in banks than in other commercial concerns.


Market Share of Bank

2005 to 2006 530 204065 625.12 41693.85 26883.55 75 8% 110

2006 to 2007 543 204560 690.51 45374.01 29577.80 91 8% 110

2007 t0 2008 574 205639 825.89 48152.80 33214.04 115 8% 110

2008 to 2009 554 207628 982.87 61666.86 33050.76 150 8% 110

2009 to 2010 566 206354 1091.69 75188.69 35062.15 155 8% 110


FINANCIAL

SERVICES

OF

BANK


Customer Satisfaction

Customer satisfaction, Customer satisfaction, is a measure of how product and service supply by company meet of surpass.

Products

Deposit

Saving Deposit Account

Saving Bank account is meant to promote the habit of saving among the people. It is also facilities safe keeping of money. In this scheme fund is allowed to be withdrawn whenever required, without convenient and affordable way to save your money. Bank also pays you a minimal interest for keeping your money with them.

To open a saving deposit account in the S.K DISTRICT CENTRAL COOPERATIVE BANK LTD.


Achievements

Year No. Of co-

operative society

No. of farmer

member in

society

Bank share

capital (in

Lakh)

Bank capital

(in lakh)

Total loan

(in lakh)

Profit (in

lakh)

Dividend No. of

(%) Branches

1997 to 1998

507 194525 535.48 27464.91 12290.18 105 10% 105

1998 to 1999

510 195464 561.68 37194.42 14050.67 115 11% 107

1999 to 2000

516 198251 621.3 40673.6 15608.96 118 11% 108

2000 to 2001

518 198578 639.41 42305.78 16077.2 125 12% 109

2001 to 2002

518 198910 681.99 43170.75 19712.2 140 12% 109

2002 to 2003

516 202650 700.14 44291.82 18843.83 150 10% 110

2003 to 2004

530 207501 713.93 43325.64 17009.36 122 8% 110

2004 to 2005

531 207443 590.14 43100.75 24811.18 93 8% 110

2005 to 2006

530 204056 625.12 41693.85 26883.55 75 8% 110

2006 to 2007

543 204560 690.51 45374.01 29577.8 91 8% 110

2007 to 2008

574 205639 825.89 48152.8 33214.04 115 8% 110

2008 to 2009

554 207628 982.87 61666.86 33050.76 150 8% 110

2009 to 2010

566 206354 1091.6 75188.69 35062.15 155 8% 110


Documents To Be Enclosed

2 Passport size photographs.

2 Identity proof

Any 2 of these…

Driving license

Election card

Pan card

Passport

1 address proof

Any one if these…

Reshan card

Electricity bill

Telephone bill


Current Deposit Account

Current deposit account is the net flow of current transaction with no restriction, including services and interest payments. It is an easy-to-use, convenient current account with instant access and withdrawals to your money anywhere.

To open a current deposit account, an applicant have to fulfill FORM NO-61 (for farmer) or FORM NO-60 (for businessman, student, etc…..) as same as saving deposit account.

In current deposit account interest is not paid by the bank to the customer.


Fix Deposit Account

A fixed deposit is meant for those investors who went to deposit a lump sum of money for a fixed period of 15 days to one year and above, thereby earning a higher rate of interest in return. Investor gats a lump sum at the maturity of the deposit. Bank fixed deposit are one of the most common saving scheme open to an average investor.

For joint account an applicant have to fulfill FORM NO -138 to open a fix deposit account.


Loans & Advances

Agriculture Loan

Water Pond

An application must be have source of water and he has to submit the document proof

of it.

Land on which pond is to be made must be applicants property.

He should have to submit plan and estimate made by engineer to build pond and loan will be issued on basis of rules and regulation of the bank.

Application must have minimum 5 acres land.

This loan can be paid in 5years yearly installment.


Cattleshead

Land on which cattle shed is to be made must be the property of applicant.

At least you should 5 cattle.

Applicant must have at least 4 acres of land.

Submit documented proof.

If cattle should is going to buy cattle then in include this according to per unit cost

according to per unit cost according to NABARD unit cost for cattle should get of 60000.

To get then this you have to submit engineers plan estimate.


Dairy Farm for Animal

Application must be member of Dairy farm.

By considering land document and availability of green grasses you may get loan for cattle.

At least u should have 2 acres of land.

Account to unit cost you will get loan of 25,000 for cow and 25,000 for buffalo.

You may get loan for development cattle shead into commercial daily unit but for it you should have sufficient land to full fill the completed need of green grasses and submit the project repot for it. Due to this you will get more loan up to 80% of project.


To Construct of land

Application must have at least 7 acres of land.

For sub controlled green house accrs to calculation cost of Rs. 1,500 per save meter

you will get loan for maximum up to 500 square according to 50% of project cost.

Applicant must have to submit complete project report for greenhouse.

Submit quotation of instilment materials required for green house.

This loan should be paid according to seven year early installment.


Bullockcart

Application must have own farmable land.

Account to unit cost you get loan of Rs. 16,000 for Bollock pair and Rs. 16,000 Cart.

You have to submit quotation for ox cart.

Application must have at least 2 acres of land.


NON- AGRICALTURE LOAN

Vehicle loan

Application must be the member of committee or union and it is necessary that

applicant must have 2 acers of land for purchase for 2 wheeler and 3 wheeler and 7 acrs for four wheeler.

You will get 75% of loan of original cost excluding parsing Insurance accesses.

You have to submit the quotation of registered dealer.

Loan should be paid in installment 3 years for two wheeler.


Housing Loan

Installment to take applicant on printed form.

Applicant must be the number of union or committee.

Plot must be the property of applicant on which farm house in going to built, to give

proof of this submit valuation report, 7/12 copy.

To construct house on unformable land, it important to submit objective certificate and title clear certificate. But it is not important of farm house and farmable land.

You have to submit plan and estimate made by civil engineer. You will get either 60% of estimate cost or Rs. 3,00,000. Of above two choices you will get one which will be minimum.


Loan for Higher Studies

It is important to take application of share holder on prescribe format.

Applicant must be the member of committee/union/trust.

Applicant must be the father or mother of the student.

Should have to submit HCL mark sheet.

Submit admission confirmation latter of institution in which you had taken admission.

You have to submit whole estimation on latter of institution in which you had taken admission.

You will get this loan for studying Medical, pharmacy, engineer, MBA.


You will get loan of rs3lakhs for study of any course in India and rs5lakhs for abroad study.

You will get equally dividend installment every year Calculation on basis of no. years requires to complete thewhole course.

Applicant must have to submit 7/12, 6-A, form no.6.


Loan Against Ornaments

Apply according to banks prescribed format.

Applicant must be the local person to prove this he has to submit pen card election cards ration card.

Essential to submit pass port photograph of applicant.

This loan should be only given for time period of 12 months.

On basis of certificate given by banks cost analyzer you should get loan of Rs.10 thousand for pare log of gold above 2 choice you will get which will be minimum you will get Rs.1,10,000/-on combined ornament of gold and silver.

Applicant must have to make nominal members.

Conformation report should be taken in 3 parties.


To Construct Godown

Place where Godown is to be made should be the applicant property.

Applicant apply only prescribed format. Applicant must be the member of union.

In submitted estimate plan maximum 75% and minimum 50% loan to Rs. 300000 can

be given.

Rs. 625 per metric tons for open and Rs.8.33 for sc/st and women’s can be given.

Important to have at least 7acers of loan.

To construct godown on unfarmable land it is important submit no objective certificate, but to constant godown on formable land it is not important to submit this.

Also important to submit no certificate of other banks.


HUMAN

RESOURCE

DEPARTMENT


INTRODUCTION

Employees hold key place in business. No business enterprise can exist & function without employees. The source of business enterprise depends to a large extent on the quality of its personal. The plan of business may be logically sound and structure personal are unscientific, business cannot grow. The growth of business depends mainly of its employees. Lawrence A apply therefore, Wrote Management is the development of people & not the direction of things.

Henry fuel & many other writers did not consider personal management as one of the function of management , but included in organizing .At present , However personnel Management is treated as an important & decision function given by Gallium satiny is referred to as an indecent & separate function of Management.

Personnel Management is that part of the process of Management, which is specifically concerned with the people employed in organization.

The basic aim of personnel Management is to create a satisfied work force. Its other objectives must not be over looked, because they are equally important.

A person who is hired to provide services to a company on a regular basis in exchange for compensation and who does not provide these services as part of an independent business.A person who performs work for an employ under a verbal or written understanding where the employer gives direction as to what task are done. Care must be taken not to classify employees as independent contractors.


Employee Strength

The total staff is 13.

01 Branch Manager.

04 Department Manager.

03 Clerk.

05 Other Staff.


CONCLUSIONS

We have studied financing in the S.K.BANK and it is found that overall a company

have a good performance in the three years.

The position of a company is financially sound.

S.K.BANK has made a rapid growth in the year 2010 compared to 2008 & 2009.

In recent scenario if we compare last three years data than we see that bank doing their best.

Bank introduces many facilities like loan schemes, Deposits etc.


BIBLIOGRAPHY

WEBSITE

http://en.wikipedia.org/wiki/Banking_in_India http://www.investorwords.com/401/bank.html http://www.investorword.com/1696/employee.html BOOKS 53 Annual Report of S.K. BANK.

http://en.wikipedia.org/wiki/Banking_in_India

http://www.investorwords.com/401/bank.html

http://www.investorword.com/1696/employee.html