Retail Lending Schemes at Canara Bank

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PREFACE
This project report pertains to the making of a project SUMMER TRAINING OF M.B.A curriculum. The purpose of this project is to make the student have through knowledge of the topics given to them. I learned a lot from the hard work I put in to collect information regarding the same, which would be of great use in my near future as a professional. Justification can not be done to whatever I have learnt within a few days but I have still tried my best to cover as much as possible about “Retail lending schemes of CANARA BANK” in this report. Being students of Masters in Business Administration, we need to be aware of the organization internal environment. Summer training helps us to understand these concepts related to the organization.

ACKNOWLEDGEMENT
The successful completion of this project marks the beginning of a learning experience of converting ideas and concepts into real life practical system. This project along with the knowledge enhancement has provided various useful professional life experiences. It would be worthwhile here to mention the contribution made by people around me leading to successful completion of this project. I would like to thank, with sincere gratitude, my project guide Mr. RAVINDER KUMAR BHAT , Chief Manager of CANARA BANK Head office Chandigarh for his able guidance and understanding which was a great source of inspiration and motivation for me. I would also like to thank the employees of CANARA BANK HEAD OFFICE Chandigarh who provided me with the necessary information and help that was very important for the successful completion of the project.

DECLARATION
I, HARJOT SINGH, student of MBA (BANKING & INSURANCE) here by declare that project entitled “RETAIL LENDING SCHEMES” submitted in the partial fulfilment of the degree for Master of Business Administration to “UNIVERSITY INSTITUTE OF APPLIED MANAGEMENT & SCIENCES, PANJAB UNIVERSITY CHANDIGARH” is of my own accurate work. I further declare that all the facts and figures furnished in the project report are the outcome of my own intensive research and findings.

CONTENTS

S. No| Topic| Page no.|
1| INTRODUCTION| 1|
2| BANK PROFILE| 2|
3| REVIEW OF LITERATURE| 10|
4| OBJECTIVES OF THE STUDY| 11|
5| COMPARISON OF CANARA BANK WITH HDFC BANK & ICICI BANK| 13| 6| RETAIL LENDING SCHEMES| 15|
7| GLOBAL SCENARIO| 46|
8| INDIAN SCENARIIO| 47|
9| ISSUES AND CHALLENGES| 48|
10| SUGGESTIONS AND RECOMENDATIONS| 51|
11| BIBLIOGRAPHY| 52|

INTRODUCTION

The banking sector has been undergoing a complex, but comprehensive phase of restructuring since 1991, with a view to make it sound, efficient and at the same time forging its links firmly with the real sector for promotion of savings, investment and growth. Although a complete turnaround in banking sector performance is not expected till the completion of reforms, signs of improvement are visible in some indicators under the CAMEL framework. Under this bank is required to enhance capital adequacy, strengthen asset quality, improve management, increase earnings and reduce sensitivity to various financial risks. The almost simultaneous nature of these developments makes it difficult to disentangle the positive impact of reforms measures. Keeping this in mind, signs of improvements and deteriorations are discussed for the three groups of scheduled banks in the following sections. The whole banking scenario has changed in the very recent past has changed in the very recent past on the recommendations of Narasimham committee. Further BASELL II Norms were introduced to internationally standardize processes and make the banking industry more adaptive to the sensitive market risks. The fact that banks work under the most volatile conditions and the banking industry as such in the booming phase makes it an interesting subject of study. Amongst these reforms and restructuring the CAMELS Framework has its own...
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