Npa in J& K Bank

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1 LOVELY PROFESSIONAL UNIVERSITY DEPARTMENT OF MANAGEMENT

Report on Summer Training NON PERFORMING ASSESTS WITH SPECIAL REFERENCE TO THE JAMMU AND KASHMIR BANK LTD

Submitted to Lovely Professional University

In partial fulfillment of the Requirements for the award of Degree of Master of Business Administration

Submitted by: Name of the student: TAUSEEF AHMAD SHAGOO University Roll No: RS1904B32.

DEPARTMENT OF MANAGEMENT LOVELY PROFESSIONAL UNIVERSITY PHAGWARA

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ACKNOWLE
It giv

ENT

me immense pleasure t present t e report of my project titled

³NPA AT THE J&K BANK LTD. This work would not have been possible without the assistance and guidance of a no. of people. I would like to take this opportunity to thank each and every one of them. At first I would like to thank the management of the Jammu & Kashmir Bank Ltd. for providing me an opportunity to work as summer trainee at Zonal Office North Kashmir Baramulla. I express my sincere gratitude to my Project in charge at J&K Bank Mr. Ghulam Rasool Hajam, Cluster Head-I, North Kashmir Baramulla and Mr. Ghulam Jeelani for taking keen interest in my project work and giving me valuable guidance at every stage. I also express my sincere gratitude to my project guide Mr. Harendra for guiding me aptly and at every stage of my project.

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CONTENTS

CHAPTER I- EXECUTIVE SUMMARY««««««««««««. 04 CHAPTER II- INTRODUCTION (NPA)««««««««««««.. 09 CHAPTER III- LITERATURE REVIEW««««««««««««.. 20 CHAPTER IV- J&K BANK INTERODUCTION««««««««« 27 CHAPTER V- BANK AT GLANCE«««««««««««««... CHAPTER VI- ORGANIZATIONAL STRUCTURE««««««« 33 37

CHAPTER VII- FINANCIAL PRODUCTS««««««««««« 41 CHAPTER VIII- NP WI H SPECI E E ENCE

J&KB NK««««««««««««««« 50

CHAPTER IX- DATA COLLECTION AND INTERPRETATION«..
y y y y

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CONCLUSION«««««««««««««.. 75 RECOMMENDATIONS«««««««««.. QUESTIONNAIRE«««««««««««.. REFERENCES««««««««««««« 76 78 82

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CAHPTER-I EXEC IVE S Y

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EXECUT

E SUMMARY:

The future of Indian Banking represents a uni ue mixture of unlimited opportunities amidst insurmountable challenges. On the one hand we see the scenario represented by the rapid process of globalization presently taking shape bringing the community of nations in the world together, transcending geographical boundaries, in the sphere of trade and commerce, and even employment opportunities of individuals. All these indicate newly emerging opportunities for Indian Banking. But on the darker side we see the accumulated morass, brought out by three decades of controlled and regimented management of the banks in the past. It has siphoned profitability of the Government owned banks, accumulated bloated NPA and threatens Capital Adequacy of the Banks and their continued stability. Nationalized banks are heavily over-staffed. The recruitment, training, placement and promotion policies of the banks leave much to be desired. In the nutshell the problem is how to shed the legacies of the past and adapt to the demands of the new age. PSB¶s in India can solve their problems only if they assert a spirit of self-initiative and self-reliance through developing their in-house expertise. They have to imbibe the banking philosophy inherent in de-regulation NPA is a problem created by the Banks and they have to find the cause and the solution - how it was created and how the Banks are to overcome it. I have tried to make an attempt under this study regarding NPA with special reference to THE JAMMU AND KASHMIR BANK LTD and its management regarding their previous record of NPA and the necessary steps taken by them to overcome this problem. This project has been prepared under the title of µNON PERFORMING ASSETS¶ with special reference to µTHE JAMMU AND KASHMIR BANK LTD¶. First of all the information regarding the J&K bank has been given. Information regarding the structure of the organization then the kind of services it provides to its customers.

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PRIMARY OB ECTIVES OF T E...
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