6-1-73, Ground & 3rd Floor, Sayyad Plaza, Lakdi-ka-Pool, HYDERABAD – 500 004. Tel No: 040-23530036/53 Fax: 040-23230349.

28-11-2007.

TO WHOM SO EVER IT MAY CONCERN

This is to certify that Mr. Iqbal Basha Shaik pursuing his MBA in

Thangavelu College of Science and Management. Has been allowed to pursue

project cum on- the-job training in the central Finance team of the Finance

Department for the partial fulfillment of his M.B.A Programme at our concern for

a period of 90 days.

HDFC Bank

Authority signatory

COMPANY PROFILE

The Housing Development Finance Corporation limited (HDFC) was

amongst the first to receive ‘in principle’ approval from the Reserve Bank of India

(RBI) to set up a bank in private sector, as part of the RBI’s liberalization of India

Banking in 1994.

The Bank was incorporated in the Year August 1994 in the name of

Housing Development Finance Corporation limited, with its register office in

Mumbai, India. HDFC Bank commenced its operations as a scheduled commercial

bank in January 1995.

1. Promoter.

2. Business focus.

3. Capital structure.

4. Times Bank Amalgamation.

5. Distribution networks.

6. Management.

7. Technology.

Promoter

HDFC is India’s premier housing finance company and enjoys an

impeccable track record in India as well as in international markets. Since its

inception in 1997, the corporation has maintained a consistent and healthy growth

in its operations to remain the marker leader in mortgages. Its outstanding loan

portfolio covers well over a million dwelling units. HDFC has developed

significant expertise in retail mortgage loans to different marker segments and also

has a large corporate client base for its housing related credit facilities.

Business focus

HDFC Bank 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 profitability,

consistent with the bank’s risk appetite. The bank is committed to maintain the

highest level of ethical standards, professionals integrity, corporate governance

and regulatory compliance.

HDFC Bank’s business philosophy is based on four core values.

Operational Excellence.

Customer focus.

Product leader ship and

People

Capital Structure

The authorized of HDFC Bank is 450 crore (Rs. 4.5 billion). The paid up

capital is 311.9crore (Rs. 3.1 billion), the HDFC group holds 22.1% of the equity

is held by the ADS depository (America Depository share). For foreign

institutional investors 31.3% of equity and the bank has about 1,90,000 share

holders.

Times Bank Amalgamation

In a milestone transaction in the Indian Banking industry, Times Banking

Industry, times bank limited (another new private sector bank promoted by Bennett

Coleman & co-times group) was merged with HDFC bank ltd., on February 26,

2000. As per the scheme of amalgamation approved by the scheme of

amalgamation approved by the share holders of both banks and RBI shareholders

of Times bank received by the share holders of banks and RBI, shareholders of

Times bank receive 1 share of HDFC bank for every 5.75 share of Times Bank.

The acquisition added significant value of HDFC bank in terms of

Increased branch networks.

Expanded geographic reach.

Enhanced customer base

Skilled manpower and the opportunity to cross-sell

Distribution Networks

HDFC bank is headquartered in Mumbai. The bank at present has enviable

network of 546 branches spread over 228 cities across India. All branches are

linked on an on-line real time basis. Customers in over 120 locations are serviced

through Telephone banking. The banks expansion plans take into account the need

to have the presence in all major industrial and commercial centers where its

corporate customers are located as well as the need to build a strong retail

customer base for both deposits and loan products.

The bank also has a network of over 1054 network and 2000 ATM’s across

the cities. Moreover, HDFC bank’s ATM network can be accessed by all domestic

and international Visa/ Master card / Visa electron/Maestro etc.

Management

Mr. Jagadish Kumar over as bank’s Chairman in July 2001. Prior to this Mr.

Jagadish Kapoor was the deputy Governor of the Reserve Bank of India.

The Managing Director, Mr. Aditya Puri, has been a Professional banker for

over 25 years and before joining HDFC bank in 1994 was heading Citibank’s

operations in Malaysia.

The banks Board of directors are composed of eminent individuals with a

wealth of experience in Public policy, Administration, Industry and Commercial

Banking. Senior executives representing HDFC are also on the Board. Senior

banking professionals with substantial experience in India and abroad had various

businesses and functions and report to the Managing director.

Technology

HDFC bank operate in a highly automated environment in terms of

information technology and communicate systems. All the banks branches have

online connectivity, which enables the bank to offer speedy funds transfer facilities

to its customers, Multi-branch access is also provided to retail customers through

the branch network and Automated Teller Machines (ATM’s).

The bank has made substantial efforts and investments in acquiring the best

technology available internationally, to build the infra structure for a world class

bank. The bank has prioritized its engagements technology and the internet as one

its key goals and has already made significant progress in web-enabling its core

businesses.

HDFC BANK FINANCIAL SERVICES

Home loans

Forex service

Car loans

Investment service

Insurance

Personal loans

Vehicle loans

NRI services

Loan against shares

Credit cards.