“Undertake something is difficult, It will do you good,
Unless you try to do something
Beyond what you have already mastered You will never grow”.
I did my training in HDFC BANK BANGALORE,.
The concept of this project is to check whether HDFC BANK is performing well year after year or lacking in performance. The performance can be evaluated by doing Financial Analysis of Financial Statements of Bank. The purpose of this project is to evaluate the performance of HDFC BANK. It primarily aims at learning the various factors that can help I evaluation process. I have tried to find out the reasons or ground where it is lacking. I have also tried to find out the areas of improvement.
In order to do financial analysis of co. the various tools like RATIO
ANALYSIS, COMPARATIVE FINANCIAL STATEMENT AND TREND PERCENTAGES have been used. In statistical tools, I’ve used
CORRELATION, TIME SERIES ANALSIS (TREND VALUES) .In Hypothesis testing, I’ve used ANOVA TEST. The project also includes objective of study, Research Methodology, Analysis and Interpretation, findings recommendations limitation of study conclusion bibliography and annexure.
INTRODUCTION OF BANKING
MEANING AND DEFINITION:
Bank is an institution that deals in money and its substitutes and provides crucial financial services. The principal type of baking in the modern industrial world is commercial banking & central banking. Banking Means "Accepting Deposits for the purpose of lending or Investment of deposits of money from the public, repayable on demand or otherwise and withdraw by cheque, draft or otherwise."
-Banking Companies (Regulation) Act,1949
The concise oxford dictionary has defined a bank as "Establishment for custody of money which it pays out on customers order." Infact this is the function which the bank performed when banking originated.
"Banking in the most general sense, is meant the business of receiving, conserving & utilizing the funds of community or of any special section of it."
-By H.Wills & J. Bogan
"A banker of bank is a person, a firm, or a company having a place of business where credits are opened by deposits or collection of money or currency or where money is advanced and waned.
-By Findlay Sheras
A Bank :
* Accept deposits of money from public,
* Pays interest on money deposited with it.
* Lends or invests money
* Repays the amount on demand,
* Allow the money deposited to be with drawn by cheque or draft.
ORIGIN OF WORD BANK:
The origin of the word bank is shrouded in mystery. According to one view point the Italian business house carrying on crude from of banking were called banchi bancheri" According to another viewpoint banking is derived from German word "Branck" which mean heap or mound. In England, the issue of paper money by the government was referred to as a raising a bank.
ORIGIN OF BANKING :
Its origin in the simplest form can be traced to the origin of authentic history. After recognizing the benefit of money as a medium of exchange, the importance of banking was developed as it provides the safer place to store the money. This safe place ultimately evolved in to financial institutions that accepts deposits and make loans i.e., modern commercial banks.
BANKING SYSTEM IN INDIA
A HISTORICAL PERSPECTIVE :
We can identify there distinct phases in the history of Indian banking:
1. Early phase from 1786-1969.
2. Nationalization of banks and up to 1991 prior to banking sector reforms. 3. New phase of Indian banking with the advent of financial banking. Banking in India has its origin as early or Vedic period. It is believed that the transitions from many lending to banking must have occurred even before Manu, the great Hindu furriest, who has devoted a section of his work to deposit and advances and laid down rules...