Report on Banks

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  • Topic: Credit, Debt, Credit rating
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  • Published : April 5, 2013
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REPORT ON THE PROJECT WORK UNDERTAKEN AT

AXIS BANK: MID CORPORATE DEPARTMENT, KARUMUTHU NILAYAM, ANNA SALAI, CHENNAI

IN PARTIAL FULFILLMENT OF PGDM COURSE AT

INSTITUTE FOR FINANCIAL MANAGEMENT AND RESEARCH, CHENNAI

A PROJECT ON:
UNDERSTANDING THE ROLE OF CREDIT ANALYSTS AND CREDIT APPRAISAL PROCESS

SUBMITTED BY

SIDDHANT KOTAK
MOUNIKA PALADUGU
ACKNOWLEDGEMENT

We would like to express deep gratitude to the people involved in the successful completion of an endeavor which is always a result of people involved in explicitly therein and it’s impossible without the help and guidance of the people around.

At the outset we would take this opportunity to express our sincere most gratitude to Mr. V. Srinivasan, SVP, Axis Bank Mid Corporate Department, Chennai and Mr. K.S. Ramasubramanian, VP, RMG, Axis Bank for giving us this opportunity to complete the project in the esteemed organization and their kind support.

We wish to express the regards to Mr. S. Subramanian, VP, Axis Bank, Mid Corporate Department, Chennai, for his help, valuable guidance and kind supervision, which was the main stream to accomplish this study.

We are extremely thankful to Ms. C. GayathriSai, SMGR, Axis Bank Mid Corporate Department, Chennai for her expert guidance, cooperation and help. We are also thankful for her friendly attitude, taking time out of her daily work to guide us, and making all the resources available required for the completion of this project report. With great sense of gratitude, we also thank for her endless interest and constant encouragement without which it would not have been possible for us to accomplish the project successfully.

At last we would also like to thank Institute for Financial Management and Research (IFMR) and its esteemed faculty for the resources, co-operation and assistance extended

TABLE OF CONTENTS

SERIAL NO.| TOPICS| PAGE NUMBER|
| | |
1.| ABOUT AXIS BANK| 4|
2.| OBJECTIVE OF STUDY| 5|
3. | RESEARCH METHODOLOGY| 5|
4| LIMITATIONS| 5|
5| OVERVIEW OF CREDIT APPRAISAL| 7|
6| CREDIT RATING| 8|
7| KEY TERMS AND CONCEPTS| |
7.1| TERM LOANS| 8|
7.2| WORKING CAPITAL LOANS| 10|
7.3| FUND BASED LIMITS| 11|
7.4| NON FUND BASED LIMIT| 12|
7.5| LETTER OF CREDIT| 12|
7.6| BANK GURANTEE| 16|
7.7.| PARI PASSU CHARGE| 17|
7.8| ESCROW ACCOUNT| 17|
7.9| MAXIMUM PERMISSIBLE BANK FINANCE (MPBF)| 17| 7.10| CREDIT MONITORING ARRANGEMENT (CMA)| 20|
8| PARAMETERS USED & WEIGHTAGE| 21| 9| CUSTOMER SEGMENTATION, PRICING| 22|
10| MONITORING OF ACCOUNTS| 23|
11| PARAMERTERS USED FOR RATING & ITS IMPORTANCE| 24| 12| CASE STUDY| 38|
13| REQUEST FOR DEMAND LOAN BY ABC & COMPANY| 39|
14| REQUEST FOR WORKING CAPITAL LOAN BY XYZ TRAVELS | 43| 14.1| ANALYSIS OF KINGFISHER AIRLNES AND APPLICATION OF CMA| 55| 14.2| ANALYSIS OF TATA POWER AND APPLICATION OF CMA| 60| 15| CONCLUSION| 67|

16| APPENDIX| 68|
| | |
| | |
| | |

1. ABOUT AXIS BANK

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The Bank's Registered Office is at Ahmadabad and its Central Office is located at Mumbai. The Bank has a very wide network of more than 1281 branches (including 169 Service Branches/CPCs as on 31st March, 2011). The Bank has a...
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