Bank Finance to Textile Sector

Only available on StudyMode
  • Topic: Bank, Banking, Banks of India
  • Pages : 32 (9609 words )
  • Download(s) : 313
  • Published : January 21, 2013
Open Document
Text Preview
University of Mumbai’s
ALKESH DINESH MODY INSTITUTE FOR FINANCIAL AND MANAGEMENT STUDIES

A SUMMER INTERNSHIP PROJECT REPORT ON

BANK FINANCE TO TEXTILE SECTOR-ISSUES AND VIABILITY OF RESTRUCTURING ASSETS

A STUDY DONE FOR

SUBMITTED BY,
MR. OMKAR .V. SHEGLE
SEM-III (FINANCE)

IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE M.M.S. PROGRAMME FOR THE YEAR 2012-2013 Area of Research: Banking
Internship Start and finish dates: 2nd May, 2012 to 30th June 2012 SUBMITTED ON 15th AUGUST 2012

University of Mumbai’s
ALKESH DINESH MODY INSTITUTE FOR FINANCIAL AND MANAGEMENT STUDIES

Summer Internship Certificate
This is to certify that Mr. Omkar .V. Shegle of M.M.S. (Finance) Batch 2011-13 of Alkesh Dinesh Mody Institute for Financial and Management Studies has successfully completed his Summer Internship during 2nd May 2012 to 30th June 2012. The project was undertaken by him in Bank of Baroda titled “Bank Finance to Textile Sector-Issues and Viability of Restructuring Assets” under the guidance of Mr. Jatin Desai, Credit Officer, Mangaldas Branch. The project on evaluation fulfills all the stated criteria and the student’s findings are his original work. I hereby certify his work excellent / good / satisfactory to the best of my knowledge.

Director Dr. S. Ratnaparkhi

ACKNOWLEDGEMENT
Every work involves efforts and inputs of various kinds and people. I am thankful to all those people who have been helpful enough to me to the extent of their being instrumental in the completion and accomplishment of the project entitled “Bank Finance to Textile Sector-Issues and Viability of Restructuring Assets.” I’ am very grateful to Mr. B. Yogesswara Rao, Assistant General Manager, Mangaldas Branch, Bank of Baroda. I express my sincere gratitude to Mr. Jatin Desai, Credit Officer, Mangaldas Branch, Bank of Baroda, for guiding me through this project, sharing his knowledge and experience. I also am very thankful to Mr. Ashok Sagar, Mangaldas Branch, Bank of Baroda, for extending his support and resources for completion of this project. I would also like to express my sincere thanks to the Credit Department Staff for extending their support and resources for completion of this project. Omkar Shegle.

MMS Finance
Alkesh Dinesh Mody Institute
For Financial and management studies

Table of contents
SR. NO.| Name of Topic| Page No.|
1. | Executive Summary| 5|
2. | List of Abbreviations| 6|
3. | List of Tables| 8|
4. | Overview of Banking Industry| 9|
5. | * Current Trends in The Sector| 12|
6. | About Bank of Baroda| 16|
7. | * Corporate Mission , Vision * Organizational Structure * Financial highlights of Bank Of Baroda| 17| 8. | | 18|
9. | | 19|
10. | Research Objectives | 23|
11. | Research Methodology| 24|
12. | Corporate Debt Restructuring Process Introduction| 25| 13. | Overview Of the Textile Sector| 28|
14. | * Current Scenario in the Textile Sector| 29| 15. | Case Study on Corporate Debt Restructuring (CDR) Process| 30| 16. | Conclusion| 51|
17. | Recommendations| 52|
18. | Bibliography | 53|

Executive Summary
The summer internship project deals with the ‘Bank Finance to Textile Sector-Issues and Viability of Restructuring Assets’. Restructuring Loans – Allowing banks to dilute payment terms without classifying loans as bad – is on the rise in India providing lifeline to borrowers struggling in a sharp Economic slowdown, but piling more stress on bank Balance Sheets. Hidden weakness in Bank Balance Sheets are a greater risk as Indian Bank’s Reserve Ratio – the buffer a bank has to set off against loan losses – is among...
tracking img