bhagat co bank

7/26/2019 Bhagat Co Bank

1/57

Jai sarasvati Mata ki, Om namah shivaye

A Project report on

COMPARTIVE ANALYSIS OF BALANCESHEETAND

COMPARISON OF BRANCHES

OF

BAGHAT URBAN CO-OPRATIVE BANK

Submitted to:-

PUNAB TECHNICAL UNIVERSITY

ALANDHAR

In partial fulfillment of the requirement for the

Award of the deree of

Master of !usiness Administration "M!A#

Submitted !y:-

Monika $erma

%oll &o'-()*+.*+(Session "))(-)++#

ARYAN BUSINESS SCHOOLBANUR

+


2/57

PREFACE

A professional /ourse like M!A is a laun/h pad for the manaement /areer' It is

not 0ust oriented at /onreation of the vast spread knowlede written by many

reat authors from manaement field but this esteemed /ourse aspires for

buildin manaerial intellien/e and the innovative /apability amon its

aspirants' Moreover it helps in reali1in the welded realities of e2istin

/orporate world outside the /lassroom' 3his is the reat reason that every

manaement student requires the supplementation of their a/ademi/ knowlede

throuh pra/ti/al e2posure with /orporate world' In today4s /ompetitive and

dynami/ world it has be/ome very diffi/ult for any orani1ation to survive in

the market' !anks are strikin hard for makin a pla/e for themselves in the

market 5 to over/ome their /ompetitors these days /ountless studies 5

resear/hes are /ondu/ted in various fields to /ontra/t a poli/y, whi/h /an lead a

/ompany a head of its /ompetitors'

In the present era of due to /ompletion a lot of finan/ial institutions and

innovative finan/ial instruments are emerin to attain satisfa/tion of

/ustomers' !anks are widenin their /overae by adoptin various strateies

like Merers and A/quisition' It is sin/erely hoped that the dis/repan/ies noted

must be viewed in the liht of limitations that e2ist in the way of study done by

student of deree /ourse'


3/57

ACKNO!LEDGEMENT

It is ratefully a/knowleded the kindness and assistan/e of all those who helped in

/ompletin the pro0e/t' 3he Manaement of A%6A& !7SI&8SS S9OO; is applauded

with ratifi/ation for the mu/h needed support in /arryin out the pro0e/t report' It is the

matter of privilee to bestow deep sense of ratitude and thanks to Mrs'A3 !A&= for providin a /ondu/ive environment for the development of the

pro0e/t and for e2tendin the ne/essary fa/ilities for the /ompletion of the pro0e/t'

?ithout the /onstant support and uidan/e of the above people, this pro0e/t have not been

a su//ess'


4/57

TABLE OF CONTENTS

CHAPTER

NO"

CONTENTS PAGE NO"

98%3I@I9A38

5

I&3%O793IO& B

9OM


5/57

98%3I@I9A38

3O ?OM I3 MA6 9O&98%&

9ertified that Miss' MO&I=A /ompleted her trainin session of eiht week from

+stJune to BthJuly, )+) on E/omparative analysis of balan/e sheet 5 bankinservi/esF in the !ahat 7rban 9o-operative !ank ;td', Solan'

3he student su//essfully /ompleted this trainin session'

MA&A>I&> I%893O%


6/57

I&3%O793IO&

3he !ankin %eulation A/t,+(*("as appli/able to /o-operative so/ieties#,whi/h

had /ome into for/e from +st Mar/h +(BB,has vested the reserve bank with

various statuary power to /ontrol and supervision of the /o-operative bank' thepower in reard to in/orporation, manaement et/'of these banks, however

/ontinue to vest in the reistrars of /o-operative so/ieties of the states /on/erned:

further the provision of the !'% A/t, +(*("as appli/able to /o-operative so/ieties#,

shall be in addition to, and not save as e2pressly provided in the a/t, in deroationof any other law for the time bein in for/e' 3his means that the /o-operative bank

are required not only to /omply with the provisions of the !'%A/t, but also other

law appli/able to them 'in respe/t of matter spe/ifi/ally provided for in the !'%

A/t' 3he provision of the said A/t will prevail over the provision of the /o-operative so/ieties A/ts'

3he salient features of the some of the important se/tion of the a/t and rules are asunder:

Se/'B: the forms of business in whi/h the /o-operative may enaed have beenspe/ified in se/' B'A bank /an, however, undertake su/h as other business in

whi/h the /entral ovt'may by a notifi/ation in the offi/ial a1ette spe/ify under

/lauses ")# of se/'B'of the a/t, as a form of business in whi/h it is lawful for a /o-

operative bank to enae itself'a# the ovt' of India by a notifi/ation dated +'+'+((.,has spe/ified Ehire

pur/haseF and Eequipment leasinF as form of business in whi/h it is

lawful for a primary /o-operative bank to enae'b# 3he ovt' of India by a notifi/ation has notified insuran/e as a form of

business, whi/h may be undertaken by the /o-operative banks'

Se/'+C' A /o-operative bank other than a s/heduled state /o-operative

bankGprimary /o-operative bank is required to maintain /ash reserve with itself or

in other a//ount "net balan/e# opened with the reserve bank or state bank of India

or state /o-operative bank of the state /on/erned or with any other bank notifiedby the /entral ovt' not less then the H of 3; as on the last @riday of the

se/ond

pre/edin fortniht and shall submit in pres/ribed form, a return to the reservebank on or before the +.thof the subsequent month showin the amount so held

on alternate @riday of the month' 3he bank notified under the se/'are the state

bank of India the state asso/iated bank are the Gnationali1ed bank' In the /ase ofprimary /o-operative bank, the /ash reserve /an be maintained in the /entral /o-

operative bank of the distri/t /on/erned or in a /entral /o-operative bank outside

the distri/t provide the urban bank has its bran/h in the said distri/t'

B


7/57

3he balan/e held by the /o-operative bank in /urrent a//ount with the state bank

of India or subsidiary bank or the nationali1ed banks shall be set off by the

balan/es held by the said banks with su/h /o-operative bank and only the netbalan/e in the /urrent a//ount shall be rearded as /ash reserve'

Se/'+'empower the reserve bank determines the poli/y in relation to advan/es to

be followed by the /o-operative bank enerally or by any /o-operative bank inparti/ular' 7nder this se/tion, the reserve bank may issue dire/tive to /o-operative

banks to enerally, or to any /o-operative bank in parti/ular as to:

"a#'the purpose for whi/h advan/es may or may not be made

"b'#3he marin to be maintained in respe/t of se/ured advan/es"/#'the ma2imum amount of advan/es or other finan/ial a//ommodation, whi/h

may be made by a /o-operative bank to any one party'

"d#'the ma2imum amount up to, whi/h uaranteed may be iven by a /o-operative

bank on behalf of any one party'"e#'the rate of interest and other term and /ondition on whi/h advan/es or other

finan/ial a//ommodation may be made'

Se/''the /o-operative bank whi/h e2istin as on +--+((B, were required to

apply to the reserve bank for a li/ense with in it he period of three months fromthe /ommen/ement of the a/t' Su/h banks for permitted to /arry on bankin

business if li/ense were ranted to them or until they were inform that li/ense

/ould not be ranted to them' &ew banks should invariable obtain a li/ense before

/ommen/in bankin business'A /o-operative bank whi/h /ome into e2isten/e as a result of the division of any

other /o-operative so/iety /arry on business, shall before the e2piry of three

month from it so /omin into e2istin ,apply in writin to the reserve bank, for ali/ense for /arryin on bankin business under this se/tion'

Se/''state /o-operative banks and the primary /o-operative banks are requiredto obtain prior permission of the reserve bank for openin new branshes'/entral

/o-operative banks need not obtain su/h permission for openin bran/hes with in

their areas of operation 'with an advan/e /opy of the appli/ation dire/tly to the

reserve bank' 7rban /o-operative bank /an however submit their appli/ationdire/tly to the reserve bank'

Se/''every bank is required to submit to the reserve bank of India a return in the

pres/ribed form and manner showin its assets and liability as at the /lose of thebusiness on the last @riday of every month or that @riday is a publi/ holiday at the

/lose of the business on the pre/edin workin day before the /lose of the month

su//eedin that to whi/h it relates'


8/57

9OM


9/57

LITERATURE REVIE!

3he Indian !ankin system has seen sweepin /hanes over the years'

In the short span of time that they have been in e2isten/e, the leadin new private

se/tor banks have truly revolutioni1ed bankin in India' 3here fo/us on

te/hnoloy and /ustomer /onvenien/e has brouht about a paradim shift in the

bankin business' ?hile Standard 9hartered !ank today has built stable business

that it believes will deliver sustainable value to its stake holders, there are also

many e2istin opportunities for further rowth'3here are some followin studies whi/h had already taken about the bankin

industries they are as "in Arabian /ountries#

there have been numerous studies analy1ed the effi/ien/y of finan/ial institutions'

Amon these, " %anan &' and >rabowski,+(CC # use data envelopment analysis

to analy1e te/hni/al effi/ien/y in 7S bankin into pure te/hni/al land s/ale

effi/ien/y' " Aly ', and %anan +(() # e2tend this analysis to /ontain analysis of

allo/ative effi/ien/y, and " @ield, +(() #, " ark, +(( #, " 9hu-Meiliu, ))+ #,

" 3ser- 6ieth 9hen, and 3asi 6eh,+((C #, and " ;eih ',and ow/roft, !', )) #

have /ondu/ted some studies into bankin effi/ien/y'

industry' " Jon %'


10/57

O!J893I$8 O@ 38 S376

3he ob0e/tive of the study is to analy1e the balan/e sheet and make the differen/e

between two year bala/es'and find how many balan/e is in/reased or de/rease' the

differen/e is /al/ulated in H ae and in ratio4s 'also find the rowth in deposits,

depositors,advan/es,borrowers,in/ome, e2penditure workin /apital, share/apital, reserve fund and net profit'

+)


11/57

%8S8A%9 M83OO;O>6

3he resear/h is based on quantitative as well as qualitative'

3he part of quantitative resear/h is more then the qualitative

resear/h'

Se/ondary data is used to resear/h

And it is in both term numeri/al term as well as theoreti/al

term'

++


12/57

ANALYSIS OF BALANCE

SHEETAS ON

#$-%#-&%%' TO #$-%#-&%%(

+


13/57

FINANCIAL ANALYSIS OF BALANCE SHEET

LIABILITIES AS ON

31-03-08

%AGE AS ON

31-03-09

% AGE

PAID UP CAPITAL),))),)))')) +'B H ),))),)))')) +')C H

3322343sh'of %s'.)G-ea/h +.,B.),))')) +')B. H +B+++.)')) )' H

16117150.00

RESERVE FUND &OTHERRESERVES/PROVISIONS

Statutory reserve fund B,+(,CC'(. '*B H *,++B,**.'(. 'C+ H

!uildin fund ,C*C,*)' +'B* H .,)B,+.' +'B. H

ividend equali1ation fund B,B,C)+'.) )'*B) H ,*+,*B'.) )'*)+ H

!ad 5 doubtful debts reserves *,).*,B.'(+ +'BC H B,)(,C(C'(+ +'*+ H

epre/iation reserve fund C,+.),B'C) )'... H ++,BB*,C(')) )'B+ H

Investment flu/tuation reserve (,))),)))')) )'B+ H +),))),)))')) )'.*+ H

9ontinent prov'aainst st' assets *,B(,((')) )'+C H .,(),*.')) )'+( H8du/ation fund +CB,C..')) )')+ H B,C..')) )'))+ H

9harity fund +,C,)))')) )'+ H .,')) )')*) H

9ommon ood fund .,)))')) )')+. H -- --

1291!5306.13

DEPOSITS & OTHERACCOUNTS

9urrent a//ount"individual# +(,+B,'( +'+. H +C,CCC,.+'C+ +')H

Savin bank"individual# )),C,B' +'B H ,)C),+)'C( +')HMini deposits"SS#"individual# (,C(,+.')) '+ H .,*B(,(')) '++H

@i2ed deposits "simple# ),B(,+'+) *'C+* H B(,+,,+) '..H

@i2ed deposits"monthly# C.,+*,(.')) .'( H +)+,B,(C')) .'*CBH

@i2 deposits"quarterly# ,),CB*')) +'.(+ H *,C,B.*')) 'H

@i2 deposits"multi benefit# C+,)*,*C'( .('B H +,+,B(,(C'( B+'*H

@i2 deposits"lo/ker# +,+).,*.)')) )'). H +'+.+,*+*')) )')BH

%e/urrin deposits"individual# +),+C,+CC')) )'B() H +,C*(,+C')) )'.)H

+


14/57

Spe/ial requirin s/hemes -- ,((,()')) )'+.(H

7n/laimed deposits a//ounts .,B+'*. )'))+ H -- --

9ash /redit "6


15/57

ividend payable ))-)) +,).,)'.) )')BC H +,C,(B)'.) )')B(H

Share appli/ation AG/ )+,)..')) )')+( H +),*')) )'))CH


16/57

*** Entry fr !"#r#nt$$ &&"$' & nt #''$' n t($ tt#)

ASSETS AS ON

31-03-008

AS ON

31-03-009

CASH IN HAND

9ash in hand +,*B,+'+ +'+ H .,).,.+.'. )'BH

9ash in A3M +.,.))')) )')+ H +,))')) )')++H

5266215.57

BALANCE"ITHBANS

'< State /o-op'bank-

elhi

*,+C'B) )')*C H +,B+,B.'B) )')B.H

'< State /o-op'bank-

Shimla

*,..+,**'.C '(BC H *,+B+,+('.C )'+BH

Joindra /entral /o-

op bank-solan

B.,B')) )')*) H C),.C'C )')*H

Joindra /entral /o-

op bank-parwanoo

*,)C(,B+'** )'B H ,B*,C+)'** )'+C(H

7nion bank of India-solan

+,.*,)')) )')CC H *,+),'C) +'BH

Oriental bank of

/ommer/e- solan

+.B,B('+ )')+) H +,+(.,BB+'+ )')BH

State bank of India-

solan

+B'C )')))+ H +,.'C )'))))H

State bank of India-parwanoo

,+C,B+')+ )') *B(,(C'+. )')*H

State bank of patiala-solan

,B*,.')) )'*. H ,+)(,CB.'*. )'+B+H

79Obank-solan ,+),(B.'. )'*B H .,).*,*C'* )'BH


17/57

I9I9I !ank-

pan/hkula

*.,*+.'() )')C H (),**'() )'))H

I9I9I !ank-solan -- ,+)),)))')) )'+)(H

A2is bank ltd'-

pan/hkula

,)*,(*'( )'* H B,.)'*) )')*)H

A2is bank ltd'-solan -- (,*(,+()'BC +')+.HIndusland ban-shimla ,C,(B*'C+ )'. H *,B.),+)'+C )'*H

Indusland ban-

pan/hkula

C.,.C'+) )').. H ,).+,(('B )'+.CH

9enturion bank of


18/57

1345!3925.07

INVEST%ENTIN OTHER

COOP.SOCIETIES

Investment in

share"J99!#

+,)))')) )'))))

B H 1000.00)'))))BH

OTHERINVEST%ENTS

&O& S;% !O&S C,)*,.)')) +'C* H C,)*,.)')) +'*BCH

2!204750.00

LOANS ANDADVANCES

9ash/redit"hypotheti/ation

#

(,)B(,))*'* +('*+ H B,CB,B'+C +'.*H

!uildin loan .,+.,C('+B +'() H +,),B('BB +('.+HStaff housin loan B,CCC,+C') )'*.) H +),,*B') )'.H

Ma/hinery loan C,B*+,.*'* '..H *,B,+C'*) '+(H

$ehi/le loan B,)C,BB)'( 'H *+,+*,.+'.* ,+*.H

9onsumable durable

loan

.+,C,)C')* '..H ,C)),.'.* *').)H


19/57

10!3427251.95

INTREST

RECEIVABLE ON

Intt're/b'on'other

banks @%

+B,(.,B)'C. +'+)(H ,+*C,BC')) +'BH

Intt're/overable"OI%# (,.B,B')) )'B.H +,..C,)(')) )').H

Intt're/overable onovt' se/'

,*,)')) )'+*.H *,C,.+')) )'*BH

50435463.00

BILLSRECEB.BEIN# BILLSFORCOLLECTION ASPERCONTRA

Inward bill re/eivable

"I!%#

-- --

Outward bill

re/eivable "O!%#

,**+,).')) )'*H (,)*+,C*'. )'*)H

9041!24.53

BRANCHAD$UST%ENT

(,*C,CC'B )'B+(H

LAND ANDBUILDIN#

;and pur/hase"'O# B,B)),)))')) )'*+H B,B)),)))')) )'*H

!uildin"'O# (,BB,+B*'+ )'B(H (,BB,+B*'+ )'.)+H

16236164.13

+(


20/57

FURNITURE &FITURE

@urniture 5 fi2ture (,)C,C)'+( )'.()H +),B*,*C'+( )'..*H

9omputer 5 its

peripherals

*,(.,B.+'. )'H .,(((,C'. )'+H

16643210.71

OTHERASSETS

3elephone se/urity

deposit

*C,B..')) )'))H *C,B..')) )'))H

Stationary sto/k C*,B'*( )').*H C(),('C+ )')*BH

9learin ad0ust'

"banker suspense#

C)),)))')) )').H ----------

Suspense /entral ++),*('( )'))H ),('( )')++H

%M9 water tape

deposit

.))')) )'))))H .))')) )'))))H

3S "investment# AG/ B,++,)B'B) )'((H B,(,+C') )'.H

;ibrary +C,C*(')) +C,C*(')) )'))+H +C,C*(')) )')))(H


21/57

#RAND TOTAL 1530297165.44 1920749397.20

*** Entry f !"#r#nt$$ &&"$' & nt n t($ tt#).

+ATIO ANALSIS O BALANCE SEET

1. CURRENT RATIO

C"rr$nt #&&$t&

/ --------------------------

C"rr$nt )#)t$&

I 200!

C++EN+T ASSETS /ashNbankNsto/kNdebtorsNbillsre/eveableNshort term investment N prepaid e2penses'

+*((B'N*+()CB'**N&I;N&I;N**+).NC)..)N&I;

3O3A; 9'ASS83S*.+).)*.*'.

C++ENT LIABILITIES !ank overdraftN/reditorsNbillspayablesNoutstandin e2pensesNshort term loanNall the payable'

&I;N&I;N**+).N&I;N&I;N+*+).)N.B))B)CC'BB

3O3A; 9';ia B)C.C)*'BB

451050454.75

C++ENT +ATIO /------------------------- /0.16% 760858043.66

I 2009

C++ENT ASSETS /ashNbankNsto/kNdebtorsNbillsre/eveableNshort term investment N prepaid e2penses'

+


22/57

.BB+.'.N(*CC).')N&I;N&I;N()*+C*'.NC)..)N&I;

3O3A; 9'A +()(.'*

C++ENT LIABILITIES !ank overdraftN/reditorsNbills

payablesNoutstandin e2pensesN short term loanNall the payable'

&I;N&I;N()*+C*'.N&I;N&I;N+.(*++N+C.*(')C

3O3A; 9';ia +C**+*)'B+

13739095.4

C++ENT +ATIO/----------------------- /0.07%

184417403.61

008 009

C++ENT+ATIO

0.16% 0.07%

2. UIC/LIUID/ACID TEST RATIO

2" #&&$t&

/ --------------------------

C"rr$nt )#)t$&

I 200!

2IC ASSETS9urrent assets-sto/k-prepaid e2penses

*.+).)*.*'.N&I;N&I;

3O3A; 7I9= ASS83S*.+).)*.*'.



23/57

&I;N&I;N()*+C*'.N&I;N&I;N+.(*++N+C.*(')C


451050454.75

2IC +ATIO /------------------------- /0.16%

760858043.66

I 2009

2IC ASSETS9urrent assets-sto/k-prepaid e2penses

+()(.'* N&I;N&I;

3O3A; 7I9= ASS83S+()(.'*

C++ENT LIABILITIES !ank overdraftN/reditorsNbills

payablesNoutstandin e2pensesNshort term loanNall the payable

&I;N&I;N()*+C*'.N&I;N&I;N+.(*++N+C.*(')C

3O3A; 9';ia +C**+*)'B+

13739095.4

2IC +ATIO /----------------------- / 0.07%

184417403.61

&%%' &%%(

)UICK RATIO %"$*+ %"%,+


24/57

3. ABSOLUTE UIC RATIO

ABSOLTE 2IC ASSETS

-----------------------------------------

C++ENT LIABILITIES

IN 200!

ABSOLTE 2IC ASSETS/9ashNbankNshort term investment

+*BB'+N*+()CB'**N&I;

3O3A; A' ASS83S +.C).*)'.


&I;N&I;N()*+C*'.N&I;N&I;N+.(*++N+C.*(')C


15380540.75

ABSOLTE 2IC +ATIO/------------------------- /0.0%

760858043.66

IN 2009

ABSOLTE 2IC ASSETS/9ashNbankNshort term investment

.BB+.'.N(*CC).')N&I;

3O3A; A' ASS83S +))+**.)'C


&I;N&I;N()*+C*'.N&I;N&I;N+.(*++N+C.*(')C

3O3A; 9';ia +C**+*)'B+

*


25/57

10014450.87

ABSOLTE 2IC +ATIO/------------------------ /0.05%

184417403.61

008 009

ABSOLTE

2IC+ATIO 0.05% 0.0%

4. PROPERITORY RATIO

CAITAL

-----------------------

TOTAL ASSETS

IN 200!

CAITAL.B.)))

TOTAL ASSETSfi2ed assetsN/urrent assetsNinvestment

)B.'C*N*.+).)*.*'.N*)*(*.*

3O3A; ASS83SCCBC.B'.(

.


26/57

35650300

+OE+ITO+ +ATIO/---------------------- /0.04%

8868563.59

IN 2009

CAITAL.BB+.'.

TOTAL ASSETSfi2ed assetsN/urrent assetsNinvestment C(*'C*N+()(.'*N.*.*')

TOTAL ASSETS*C()'+

56615.57

+OE+ITO+ +ATIO/-------------------- /0.007%

74378903.31

008 009

+OE+ITO+

+ATIO 0.07% 0.04 %

5. CAPITAL #EARIN# RATIO

E"ty &(#r$ #t#)r$&$r:$

------------------------------------------------------------

Ln! t$r; )#nr$f$r$n$ &(#r$ #t#)

IN 008


27/57

N)114960199.39

/ ------------------------------ /0.1%

934971048.95 N)

IN 2009

NIL19185306.13

CAITAL GEA+ING +ATIO/-------------------------------- /0.11%

10834751.95NIL

CAITAL GEA+ING +ATIO

008 009

CAITALGEA+ING+ATIO 0.1% 0.11%

6. FUNDED DEBT TO TOTAL CAPITALISATION

N=E= =EBT

-------------------------------------

TOTAL CAITALISATION

IN 200!

N=E= =EBTlon term loan


28/57

3O3A; @7&8 8!3' (*(+)*C'B

TOTAL CAITALISATION lon term loanN/apital

(*(+)*C'BN.B.)))

3'9()B+*C'B

934971048.36N=E= =EBT TO TOTALCAITALISATION/--------------------------

97061348.36

/0.96%

IN 009


29/57

008 009

N=E= =EBTTO TOTALCAITALISATION

0.98% 0.96%

(


30/57

DATA ANALYSIS AND INTERPRETATION

)


31/57

CO%PARATIVE STATE%ENT SHO"IN# #RO"TH OFBRANCH "ISE DEPOSIT AND NO.OF DEPOSITORS

3A!;8 &O'+

NA%E OF THE

BRANCH

DEPOSITS RS.IN LACS

YEAR +-)-)*

+-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN *C(')) .+('+ .+'+B *.)'* (B'() ++)*'.(

CHA%BA#HAT

B'* CB'.+ ++B'. +BC*'+ ..' )(C'+

PAR"ANOOBC'(*

.C)'( +))') +*.+'. +*C') .')

@I>7%8 &O'+

+


32/57

3A!;8 &O'

NO.OF DEPOSITORS

YEAR +-)-)* +-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN *) .+ B.+ C(B +). *.

CHA%BA#HAT

BB+ *B*. .C. CB*. (C ++(+

PAR"ANOO ++ * B(+B C+* C. ++B(B

@I>7%8 &O'


33/57

CO%PARATIVE STATE%ENT SHO"IN# #RO"TH OFBRANCH "ISE ADVANCE AND NO. OF BORRO"ER


34/57

NA%E OF THE

BRANCH

ADVANCES RS.IN LACS

YEAR +-)-)*

+-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN ++B'( *'+. *+)C') .*.')) B.))'* B'.C

CHA%BA#HAT

..*'+ B+'.( (('(C +)*' +)('(. +(B)'

PAR"ANOO *'B .)'* .' +)B'.* ++('B( +.+)'(B

*


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NO.OF BORRO"ERS

YEAR +-)-)* +-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN +((+ +((. )+* )* +(. ++

CHA%BA#HAT

* *+ .C( B+* C.

PAR"ANOO ( *B .* .C( BC+ .*C

.


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CO%PARATIVE STATE%ENT OF #ROSS INCO%E OFVARIOUS BRANCHES

NA%E OF THE

BRANCH

INCO%E RS.IN LACS

YEAR +-)-)*

+-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN BB*') BC+'( B'B ('B ++.'*( +B+C'

CHA%BA#HAT

.('(* C'* +)+'( +*'. *.'*+ )'

PAR"ANOO +'+) .B'CC CB'(* +C'B. +C'B +C'.)

B


37/57

CO%PARATIVE STATE%ENT OF #ROSS EPENDITURE OFVARIOUS BRANCHES

NA%E OF THE

BRANCH

EPENDITURERS IN LACS

YEAR +-)-)*

+-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN.'B* ..'*( ..'( B*'(C C(+'+ +*+')

CHA%BA#HAT

.B'C B*'.B '+ +)'B +('(( .B'B

PAR"ANOO*'C *') B'C( +)+'(( +..'(+ ).'(*


38/57

CO%PARATIVE STATE%ENT OF NET PROFIT OF VARIOUSBRANCHES

NA%E OF THE

BRANCH

NET PROFITRS IN LACS

YEAR +-)-)*

+-)-). +-)-)B +-)-) +-)-)C +-)-)(

SOLAN +*)'( +.B'* +*C' ++C'B( **'+C )+')

CHA%BA#HAT

'BB +C'+C *')C *)')( B.'* .)'(

PAR"ANOO -' ('+C +C'(B B'BB +'*. +'.B

C


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r!r$&& (#rt f =$&t&, #':#n$& >?rn! #t#) &n$1995 t 009

(


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P)'' *8: , S8) C(+:; R)') & P,+:'+*) 1995 : 2009

*)


41/57

H=') L


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of vehi/les in the market, it has be/ome a way of life' It leads to /omfort of life

and helps a person in his profession and vo/ation' It in/reases ones effi/ien/y and

in/ome eneration /apa/ity' %eali1in this need of the person, the !ank hasdesined a loan s/heme /alled E9ar ;oan S/hemeP'

8liibility

Any persons su/h as individuals, professionals, self employed and businessmen'3hey may be individuals, proprietary 9on/erns,


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In/ome

It depends on the /apa/ity to servi/e the debt and also on limit of advan/e'

;oan Amountepends on the business turnover and also per party limit fi2ed by the !ank from

time to time'

Information of 8du/ation ;oan

+!HO !ILL BE

APPLICANT

If student is minor, uardian will be appli/antGs' In

/ase of a ma0or, student will be the appli/ant for the loan'

CO-APPLICANT

uardian of the student will be the 9o-appli/ant' In

/ase of married Student, either Spouse or the


44/57

la/s#'

( PENAL INTEREST H p'a'

+)COLLATERAL

SECURITY

i#;oan Amount 7pto %s'')) ;akhs - &o 9ollateral Se/urity'

ii#;oan Amount 7pto %s'.')) ;akhs -3anible Se/urities"!ank4s @%4s, >ovt' Se/urities et/# or Movable Se/urity

"$ehi/le# or Immovable ovt' Se/urities et/# or Movable Se/urity "$ehi/le#

or Immovable


45/57


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?here a deposit is made by means of a /heque, pay order or demand draft, the

date of its presentation to the !ahat 7rban 9o-op' !ank limited shall be deemed

to be from the date of /learan/e'

%++ D)('+: S*8)?)

Ob0e/ts of Mini eposit S/heme3he Mini eposit S/heme is introdu/ed to en/ourae all se/tion of the so/iety to

in/ul/ate savin habits by depositin a small amount from their day-to-day

earnins with the bank' eposits are bein /olle/ted by an authori1ed 9olle/tionaentGsub-aent of the !ank from the doorstep of the /ustomer'

Mini eposit A//ount Openin 9onditions

3he eposit A//ount may be opened:!y an individualGfirm as per deposit rules'

&ote: - A proprietor or a partner may open a Mini eposit A//ount only in his

personal name'!y more than one person in their 0oint names : the amount bein payable to all of

them 0ointly or either or any one of them or the survivors amonst them, spe/ifi/instru/tions in this reard bein required to be iven in writin at the time of

openin the a//ount'!y a minor 0ointly with a ma0or'

!y a minor over the ae of + years in hisGher own name provided heGshe is able

to read 5 write and operate upon it personally and satisfa/tory proof of ae isfurnished to the bank' 3he ma2imum balan/e to a//umulate in su/h a//ounts will

be %s' +, )),)))G-'

More than one a//ount /annot be opened in the same name in the same bran/h inone day without the /onsent of the bank'

A Mini eposit A//ount may be opened with any amount in multiples of %s' .G-

but with a minimum of %s' .G- and ma2imum of %s'(((G- the subsequentremittan/es into the a//ount may be made either throuh the authori1ed

9olle/tion Aent or in person if desired'

%ules

A Mini deposit payable at any time is %s' .G- or multiples thereof' eposits willbe a//epted in /ash only'

3he aent Gsub-aent shall take /are to re/eive areed per day installment

reularly' 3he /olle/tive /olle/tion of -. days /an be /onsidered but above .days /olle/tive /olle/tion shall lead to dedu/tion of /ommission on pro-rate basis'

3he deposit will be withdrawn at end of the term sub0e/t to %ule ( below'

Interest %ates

3he deposit will /arry simple interest as under :-'.) H p' a' for period upto One year,

.')) H p'a' in /ase of deposit of one year to years,

B')) H p'a' in /ase of deposit above years'9onditions for Interest %ate

3he amount of the interest due on the deposit will be /redited to the depositors

a//ount on maturity'

*B


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&o interest will be paid if an a//ount does not earn at least .) paise by way of

interest on maturity'

3he !ank may at its dis/retion allow /losure of the a//ount before maturity at therequest of the /ustomer and with prior verifi/ation of the /on/erned aentGsub-

aent' In su/h /ases the interest payable will be as under:-

@ D)('+: S*8)?)'

Baghat Saving Deposit Scheme&ow you /an earn a hiher in/ome on your surplus funds by investin those withus' ?e provide se/urity, trust and /ompetitive rate of interest'

@le2ibility in /hoosin the amount you wish to invest and the maturity period'

Affordable ;ow Minimum eposit Amount: 6ou /an open a term deposit withS!I for a nominal amount of %s'.))G- only'

@le2ibility in period of term deposit from +. days to any years'

%ate of Interest: (H with quarterly rests'

Interest is ta2able

Savings Deposits%ate of Interest on Savins A//ount is '.)H'

Term Deposit?e are offerin the followin interest rates to the deposits, as on $9t4 1/8: &%%(

-

Intere2t R0te C40rt


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+'))H hiher interest shall be payable to Senior 9iti1en on deposit for the

period above year'

)'.H hiher interest shall be payable to widowsGe2-servi/e manG %eistered9ooperative So/ieties on deposit for the period + year and above'

is/retion to pay 82tra Interest on ue Amount

3he Manain ire/torGeputy Manaer may allow e2tra interest on the sinledeposits of %s' +.')) ;a/ or above as under:

)'.H on the eposit invested for B months 5 above'

==On/8 one 0? @ &>


49/57

;oan upto %s' .),)))G- for repair

addition alteration would be re/koned as

priority Se/tor advan/es

Above %s' .,)),)))')) ++')) H

Assistan/e ranted to any >ovt' aen/y

for the purpose of /onstru/tion of house

e2/lusively for the benefit of S9GS3where the loan /omponent does note2/eed %s' . ;a/s per unit and all

advan/es for slum /learan/e and

rehabilitation slum dwellers would/ontinue to be /lassified as weaker

se/tion advan/es' !eside the

>overnment aen/ies assistan/e iven tonon >overnmental aen/ies approved by

&ational ousin !ank for the purpose

of refinan/e will also be eliible for all

/ateories of borrowers as appli/able tothe >overnment aen/ies

&O38

In /ase of term loan"in/ludin

house loan# a moratorium period of+ months is ranted, in su/h /ases+ /heques be obtained from the

/ustomer to re/over the interest on

monthly basis' !ank shall alsokeep +. /heques on yearly basis

and shall present the same on

nonpayment' In /ase of boun/e ofinstrument bank may /hare

%s'.)')) for ea/h /heque plus

postae' In /ase of /loser of

a//ount by shiftin to anotherbank, bank shall /hare H e2tra

on the remainin amount on the

day of /losin of a//ount'

All investment in bonds issued by

&!G79O U e2/lusively forfinan/in of housin, irrespe/tive of the

loan si1e, per dwellin unit, will be

re/koned for in/lusion under @O% %8&3 +')) H

9ommer/ial !uildin ;oan

Any 9ommer/ial !uildin ;oan

7p to %s' +)') ;a/Above %s' +)') ;a/ but upto .')

;a/

Above .') ;a/

+'.) H

+'.) H

+.')) H

%eal 8state @or any ;oan+B')) H N%atin

*(


50/57

9O&9;7SIO&

It was overall a very ni/e and informative trainin in !A>A3 !A&='3he

employees and my uide was very helpful and /ooperative' Manaer Mr'='9SA%MA remained a uidin for/e durin this period =nowlede and

82perien/e >ained'

3he !ahat 7rban 9o-operative !ank ;td', has maintained its de/adesL tradition

of bein the fastest rowin S/heduled 9o-operative !ank in ima/hal


51/57

!I!;IO>%A


52/57

A&&8D37%8

T4e Fn0nc0/ St0t12 o; t4e


53/57

AUDITED PROFIT AND LOSS STATE%ENT AS ON 31032009

AS ON

3103200!

EPENDITURE AS ON

31032009

B,**,(C*')) Interest paid on savin deposits B,.+,.C'))

C+,.(C,B') Interest paid on @ID deposits +++,.)+,+*+'(*

C,)+')) Interest paid on re/urrindeposits

B+,..'))

+,),.C')) Interest paid on miniGSSdeposits

,+,)CB'))

.,(..,+)')) Interest paid on I!3 AG/ ,(..,.*'))

**+,((')) Se/urity hire e2p' +,)C.,B.')

)+,.))')) @rine benefit ta2 +),)))'))

C,.,*C')) Salaries and allowan/es,8


54/57

B,)B)')) !uildin @urniture repairin

e2penses

+C,))'))

.,+('() Maintan/e of /omputer and

other

*C,+'C

-- Software e2p' ,'BC

(*,))' Mis/ellaneous e2p' ),CC.'(B*,*).')) 8ntertainment e2p' +CC,(.'.B

+),B.C'B Medi/al aid +*,B.')+

,+BC,C'B* !rokerae to mini aent ,CB,.'))

C,BB*')) !ooks, periodi/als and news

papers

C,B'))

(C,*.*')) Administration /hares "8;

V'B.H#

+.,***'))

,)*')) 9ash remittan/e /hares .,*'C.

+.,B.)')) 9learin house rent e2p' +,B('))

,((*')) ?ater bill e2p' .,BB'))

,)*,C*)')) ;G8MA3 transa/tion/hares

+),('(C

C*,+))')) onation AG/ ..,C'))

+,+')) A'>'M e2p' BC,)(+'))

-- Inauuration e2p' C,(*'.)

-- Investment flu/tuation provision --

+C,)))'))


55/57

.,(..,+)')) Intt're/eived on I!3 AG/ ,(..,.*'))

,.+B,.*(' 9ommission ,+,B'C

,C*,C'(


56/57

)) *)C C,)B,.) *,).,B* .)(,.C,(B.

))* *C* +),)B,B.) *,),C.B .C,.*+,**.

)). .C ++,..,C.) BB,BC,CC B*(,BB),BB

))B ..+( +,)B),*)) +,+),+ (,CC,(.

)) ..+( +*,*C,..) ++),)),C( +,).C,BB*,C)*

))C .((+ +,.B,.),)) ++,*(,B),+(( +,,+,,B))( .(** +,B+,+,+.) +,(+,C.,)B +,B,+*,C,)

68A% A$A&98 ?O%=I&>

9A


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bhagat co bank

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