deposit mobilization of ubi

8/19/2019 Deposit Mobilization of UBI

1/39

ACKNOWLEDGEME

NTI do take the pleasure to express mydeepest sense of rat!tude to my

honoura"le u!de #$O%& A'(I)IT DA* for

allo+!n me to ha,e the opportun!ty to

et th!s pro-e.t report .omplete&A spe.!al +ord of thanks oes to my

tea.her of department of .ommer.e

+hose keen !nterest/ ,alua"le suest!on

and +hole hearted .o0operat!on ena"led

me to .omplete my pro-e.t +ork&

Date1 Name 0 *$E2A $O2

#la.e1 '&COM %INAL 2EA$


2/39

'ANKING (ONO3$*

CLA** $OLL NO& 0

'C450455

E6AM $OLL NO& 045C7489:

G3IDE

CE$TI%ICATETh!s !s to .ert!fy that ;*reya $oy< astudent of '&COM %!nal year ='ank!n and

Insuran.e (onours> 'ear!n .lass roll no&

? 'C450455/ Exam $oll No& 0 45C7489: of

%ak!r Mohan Autonomous Collee/'alasore has .arr!ed out d!ssertat!on

pro-e.t +ork t!tled ;DE#O*IT

MO'ILI*ATION O% 3NION 'ANK O% INDIA<

as part!al ful@lment of 'a.helor Deree

of .ommer.e under my u!dan.e&


3/39

Date1 #$O%& A'(I)IT

DA*#la.e1 =LECT&IN

COMME$CE>

3G DE#T O%

COMME$CE

%AKI$ MO(ANA3TONOMO3*

COLLEGE/

'ALA*O$E

DECLA$ATIONI *reya $oy/ here"y de.lare that the

d!ssertat!on pro-e.t +ork ent!tled ;DE#O*IT

MO'ILI*ATION O% 3NION 'ANK O% INDIA< !s

su"m!tted "y me to the #&G& Department ofCommer.e/ %ak!r Mohan Autonomous Collee/

'alasore as a part!al ful@lment of the

'a.helor Deree of Commer.e/ as my o+n

eorts and !t has not "een su"m!tted to any

other !nst!tut!on nor pu"l!shed any +here

"efore&


4/39

Date1 Name 0 *$E2A $O2

#la.e1 '&COM %INAL 2EA$

'ANKING (ONO3$*

CLA** $OLL NO& 0

'C450455E6AM $OLL NO& 0

45C7489

*E**ION ? 984504B

CONTENT*C(A#TE$ ? 4 INT$OD3TION

A'*T$ACT

#E$*#ECTIE O% DE#O*IT MO'ILIATION

C(A#TE$ ? 9 LITE$AT3$E

*O3$CE O% DATA


5/39

MET(ODOLOG2

LIMITATION O% T(E *T3D2

NEED %O$ DE#O*IT

DE#O*IT MI6

O')ECTIE O% T(E *T3D2 #OLIC2 O% 'ANK DE#O*IT

C(A#TE$ ? 5

(I*TO$2

AWA$D* CE$TI%ICATION

DETAIL* O% 3NION 'ANK O% INDIA/ 'ALA*O$E

'$ANC(

C(A#TE$ ? F

DATA ANAL2*I* O% G$OWT( $ATE

DE#O*IT *C(EME

C(A#TE$ ? 7

%INDING O% T(E *T3D2 *3GGE*TION*

CONCL3*ION

'I'LIOG$A#(2


6/39

C(A#TE$ 0 4

Introdu.t!onMo"!l!at!on of depos!ts !s one of the

!mportant fun.t!ons of "ank!n "us!ness& It !s

an !mportant sour.e of +ork!n fund for the

"ank& Depos!t mo"!l!at!on !s an

!nd!spensa"le fa.tor to !n.rease the sour.es

of the "anks to ser,e ee.t!,ely& Mo"!l!at!on

of depos!t plays an !mportant role !n

pro,!d!n sat!sfa.tory ser,!.e to d!erent

se.tors of the e.onomy& The Commer.!al


7/39

'anks must tap depos!ts from ur"an and rural

areas& Th!s helps the "anks to pro,!de lare

amount of funds to pr!or!ty se.tors for

de,elopment& The su..ess of the "ank!n

reatly l!es on the depos!t mo"!l!at!on&#erforman.es of the "ank depend on

depos!ts/ as the depos!ts are normally

.ons!dered as a .ost ee.t!,e sour.e of

+ork!n fund& Mo"!l!at!on of rural sa,!ns !s

one of the !mportant o"-e.t!,es of the

Commer.!al 'anks& It helps to expand"ank!n operat!ons& The $'I en.ouraes the

"anks to mo"!l!e/ depos!ts/ "y pro,!d!n

su"s!dy for "ran.h expans!on& The

su..essful fun.t!on!n of .ommer.!al "anks

depends on the extent of funds mo"!l!ed&

Depos!ts are the l!fe "lood of "ank!n.ompan!es& Depos!ts .onst!tute a ,!tal sour.e

of funds reHu!red for "ank!n "us!ness& There

are d!erent types of depos!ts/ +!th d!erent

matur!ty pattern .arry!n d!erent rates of

!nterests& Depos!t mo"!l!at!on !s depend!n

on the .ost of depos!ts& Mo"!l!at!on ofdepos!ts for a "ank !s as essent!al as

oxyen for human "e!n& In the post

l!"eral!at!on s.enar!o/ the num"er of players

!n "ank!n !ndustry has !n.reased

.ons!dera"ly +h!.h de,eloped

Compet!t!on !n "ank market!n& ;The sur,!,al

of the @ttest< has made appl!.a"le for the


8/39

"anks& To enhan.e pro@ta"!l!ty/ "anks take

steps to m!n!m!e the expend!ture and are

for.ed to mo"!l!e lo+ .ost depos!ts&

In the present .ontext "anks eJ.!en.y !s

measured "ased on the depos!t m!x and onthe Huantum of lo+ .ost depos!ts !n the m!x&

In the present era of .ompet!t!on and

+!th the emeren.e of pr!,ate and

mult!nat!onal "anks/ an !deal m!x of depos!ts

!s a must to sur,!,e& *!n.e the !nterest pa!d

on depos!t forms a "! "urden on "ank/ the

mo"!l!at!on of lo+ .ost depos!ts/ l!ke .urrent

a..ount and sa,!ns "ank depos!t !s the

urent need for the "ank& 'anks "orro+ and

lend/ they "orro+ money "y a..ept!n

depos!ts from the pu"l!. !n.lud!n mem"ers

of the "ank& Depos!t mo"!l!at!on !s the

.h!ef sour.e of funds to undertake lend!n

operat!ons/ for pro@ta"le operat!on/ the

amount of depos!ts !s ,ery !mportant& The

"anks should !ntrodu.e ,ar!ous depos!ts

s.hemes to attra.t the pu"l!. to depos!t& It !sthe s!e of the depos!ts that larely de.!des

the lend!n potent!al of a "ank&


9/39

A"stra.tThe present study !s a modest attempt to

analye the so.!o0e.onom!. !mpa.t of "ank

depos!ts& Depos!t mo"!l!at!on !s an !nteral

part of "ank!n a.t!,!ty& Mo"!l!at!on of

sa,!ns throuh !ntens!,e depos!t .olle.t!on

has "een rearded as the ma-or task of"ank!n !n Ind!a today& A..eptan.e of

depos!ts !s the pr!mary fun.t!on of

Commer.!al 'anks& As su.h depos!t

mo"!l!at!on !s one of the "as!. !nno,at!ons !n

.urrent Ind!an 'ank!n a.t!,!ty& In th!s

paper/ an attempt !s made to analye theso.!o0e.onom!. !mpa.t of depos!t

mo"!l!at!on& Three d!erent types of

depos!ts namely/ term depos!ts/ .urrent

depos!t and sa,!ns depos!t !s .ons!dered for

the study& The data reHu!red for the study has

"een .olle.ted from 3n!on 'ank of Ind!aAnnual $eports& The data/ thus .olle.ted ha,e

"een properly .lass!@ed and analyed +!th

the help of s!mple stat!st!.al parameters l!ke

A,erae/ Ind!.es et. and also the a..ount!n

te.hn!Hue !&e& $at!o Analys!s& The results

sho+s that/ there has "een a remarka"lero+th !n mo"!l!at!on of all k!nds of depos!ts

!n 3n!on 'ank of Ind!a&


10/39

#E$*#ECTIE* O% DE#O*IT*

MO'ILI*ATIONMo"!l!sat!on of depos!t !s one of the

ma!n fun.t!ons of "ank!n "us!ness and so

an !mportant sour.e of +ork!n fund for the

"ank& The D!str!.t Central Cooperat!,e 'anks

=here !n after CC'> ha,e to !n.rease the!r@nan.!al resour.es "y +ay of depos!t

mo"!l!sat!on& Depos!t mo"!l!sat!on !s an

!nd!spensa"le fa.tor to !n.rease the sour.e of

the CC's to ser,e ee.t!,ely& The !mportan.e

of depos!ts of the .ooperat!,e "ank!n

stru.ture to pro,!de sat!sfa.tory ser,!.e toany proramme of ar!.ultural produ.t!on

and !ndustr!al manufa.tur!n hardly needs to

"e o,er emphas!sed& *e,eral .omm!ttees

and .omm!ss!ons ha,e stressed that the CC's

must tap depos!ts from ur"an and rural areas

so that they may "e a"le to pro,!de funds !nlare amounts to pr!mary so.!et!es for farm

and non0farm de,elopment& The su..ess of


11/39

the "ank!n reatly l!es on the depos!t

mo"!l!sat!on performan.e of the "ank as the

depos!ts are normally .ons!dered as a .ost

ee.t!,e sour.e of +ork!n fund& The "ank !s

operat!n ,ar!ous depos!t s.hemes su.h as.urrent/ sa,!ns/ @xed/ re.urr!n and other

spe.!al s.hemes to meet the ,ary!n

reHu!rement of the .ustomers&

One of the !mportant o"-e.t!,es of the CC's !s

the mo"!l!sat!on of rural sa,!ns& It helps to

expand loan!n operat!ons& The ph!losophy of

.ooperat!on emphas!ses that .ooperat!,e

!nst!tut!ons should fun.t!on only +!th the

funds pooled from mem"ers and not to rely

larely on external @nan.!al a..ommodat!on&

The All Ind!a $ural Cred!t *ur,ey Comm!ttee

=4:7F>/ Mehta Comm!ttee =4:B8> and 'ank!n

Comm!ss!on =4:9> ha,e re.ommended that

the CC's .ould enae !n the mo"!l!sat!on of

depos!ts for !mpro,!n the !nternal resour.es&

Contrary to th!s pr!n.!ple/ the .on.ess!onal

@nan.e a,a!la"le to the CC's from the $'Imade them !nd!erent to the fun.t!on of

mo"!l!sat!on of depos!ts& To mo"!l!se

depos!ts/ the CC's are !,en some

en.ouraement "y the $'I and apex

!nst!tut!ons su.h as su"s!dy for "ran.h

expans!on/ states part!.!pat!on !n

share.ap!tal/ perm!tt!n the CC's to oer 49 per

.ent !nterest h!her than the .ommer.!al


12/39

"anks and appl!.at!on of depos!t !nsuran.e

s.heme&

*ele.tor depos!tors of sele.t "anks .olle.t

su.h data& (en.e/ a su!ta"le Huest!onna!re !s

de,eloped and se,eral amon the sele.ted"ran.h'ank depos!tors !n sele.t lo.at!ons&


13/39

C(A#TE$ 0 9

LITE$AT3$E4& *& enkateshan =9849>

In the study ent!tled ;An Emp!r!.al Approa.h

to Depos!t Mo"!l!at!on of Commer.!al 'anks

!n Tam!l Nadu


14/39

per!od from 4:::09888 to 9880988:& The

Compound Gro+th $ate =CG$> and L!near

Gro+th $ate =LG$> +ere .al.ulated from

us!n s!mple reress!on analys!s& The study

found that/ there has "een a remarka"lero+th !n mo"!l!at!on of all k!nds of depos!ts

!n *.heduled Commer.!al 'anks !n Tam!l Nadu

on the +hole&

9& #a! & *& =988B>

In the study ent!tled ;Trends !n the Ind!an'ank!n Industry1 Analyses of Inter0 re!onal

Trends !n Depos!ts and Cred!ts


15/39

5& Dr& $am.handra $eddy '& and Dr& 2u,ara-a

$eddy =9887>F

In the study ent!tled ;%!nan.!al #erforman.e

of *tate 'ank of Ind!a1 An Analys!s


16/39

o+ of funds throuh "ank!n .hannels& The

study also found that/ one un!t !n.rease !n

depos!ts leads to less .red!t o+ !n rural

areas as .ompared to ur"an areas&

*O3$CE* O% DATA#r!may data +ere not a,a!la"le +!th

.ustomers/ so they +ere .olle.ted from the

d!erent maa!nes/ ne+spaper and laso the

+e"s!te of the "ank

=+++&un!on"anko@nd!a&.om>&


17/39

MET(ODOLOG2 The study !s "ased on se.ondary data/

.olle.ted data from Annual $eports of the

3n!on 'ank of Ind!a/ $eports on Trends and

#roress of 'ank!n !n Ind!a/ $'I/ Mum"a!/

)ournal of CA' Call!n/ #une/ )ournal of

#rofess!onal 'anker/ #er!od!.als and 'ooks&

%or the purpose of as.erta!n!n the

performan.e of depos!tors and to kno+ the

ee.t!,eness of ,ar!ous strate!es of

.ommer.!al "anks !n depos!t mo"!l!at!on/

pr!mary data are used& Can,ass!nappropr!ate Huest!onna!re amon the

sele.ted depos!tors of sele.t "anks .olle.t

su.h data& (en.e/ a su!ta"le Huest!onna!re !s

de,eloped and ser,ed amon the sele.ted

"ran.h"ank depos!tors !n sele.t lo.at!ons&


18/39

LIMITATION* O% T(E

*T3D2 The ma!n l!m!tat!ons of the study are as

follo+s10

The sampl!n te.hn!Hue used !s one of the

non0pro"a"!l!ty methods& As the results are

to "e read !n the .ontext of sampl!n error&

As a matter of fa.t/ depos!t mo"!l!at!on

fun.t!on !s not an !ndependent and ex.lus!,e

,ar!a"le and related to many other

ma.roe.onom!. fa.tors& Th!s study doesnt

.ons!der all the other related for.es that

!nuen.e the depos!t mo"!l!at!on eorts of.ommer.!al "anks&


19/39

The Hual!ty of ser,!.es extended "y the

.ommer.!al "anks depend!n upon the status

of the depos!tors !n term of the!r depos!ts

Huantum and pol!t!.al and so.!al pos!t!on !n

the so.!ety& As su.h/ the results of the studyare su"-e.t to .erta!n spe.!al treatment +h!.h

!s not measured&

There are d!erent @nan.!al !nst!tut!ons !n

depos!t mo"!l!at!on su.h as .orporate

enterpr!se/ .h!t funds/ n!dh!s/ .ommer.!al

"anks and many other non0"ank!n @nan.!al!nst!tut!ons& *o !t !s to "e .ons!dered as a

.ompet!t!,e market +hose !nuen.e !s not

taken !nto s.ope of the study& The t!me frame

preferred for d!erent analys!s may ,ary from

su"-e.t to su"-e.t&

NEED %O$ DE#O*IT*To meet the "as!. ne.ess!t!es and to !mpro,e

the!r per .ap!ta !n.ome/ sa,!n depos!t!n

the money "e.omes ne.essary& Depos!ts help

!n !mpro,!n the e.onomy of the people as

+ell the e.onomy of the .ountry& The depos!ts+!ll .urta!l the expend!ture of the depos!tor

to the extent of depos!ts&


20/39

DE#O*IT MI6The "ank has oered num"er of depos!t

s.hemes to the pu"l!. +h!.h !n.lude term

depos!ts/ sa,!n/ depos!ts/ .urrent depos!ts

and the l!ke& The mo"!l!at!on of depos!ts

helps the "ank to meet the ro+!n demands

of ,ar!ous se.tors namely/ ar!.ulture/ smalls.ale !ndustry/ +eaker se.t!on of the

.ommun!ty and the l!ke& Current depos!ts are


21/39

meant for o,ernment/ .orporate/

!nst!tut!ons and "us!ness sements +here as

sa,!ns depos!ts are des!ned for !nd!,!duals&

Term depos!ts are tareted predom!nantly for

the household sement and !nst!tut!ons&Thouh/ there +as .ons!dera"le sh!ft !n the

market share of Go,ernment .orporate

dur!n the last t+o de.ades/ the depos!t m!x

rema!ned the same e,en !n the l!"eral!ed

en,!ronment +h!.h demonstrates the

!mportan.e of term depos!ts&

TE$M DE#O*IT* =TD>1Term depos!ts are the depos!ts on +h!.h

!nterest !s pa!d/ e!ther on matur!ty or at

st!pulated !nter,alsdepend!n upon the depos!t s.heme under

+h!.h the money !s pla.ed& Term depos!ts

!n.lude the follo+!n1%!xed depos!ts1 On th!s a @xed rate of !nterest

!s pa!d at @xed and reular !nter,als$e0!n,estment depos!ts1 The !nterest !s

.ompounded Huarterly and pa!d on matur!ty

alon +!th the pr!n.!pal amount of thedepos!t&$e.urr!n depos!ts1 (ere a @xed amount !s

depos!ted at reular !nter,als for a @xed term

and the repayment of pr!n.!pal and !nterest !s

made at the end of the term&

*AING* 'ANK DE#O*IT =*'D>1*a,!ns depos!t !s the most .ommon type of

depos!t/ +h!.h .aters to the needs of almost


22/39

all type of .ustomers& The surplus earned !s

depos!ted !n the form of sa,!ns depos!ts&

Th!s type of depos!t !s meant for !nd!,!duals/

profess!onal people/ small traders/ art!sans

and .o0operat!,e so.!et!es& (ere +!thdra+alsare su"-e.t to .erta!n .ond!t!ons& These

depos!ts are relat!,ely less !nterest .ost

or!ented& 3nder th!s type of depos!t !nterest

a..rues at a @xed rate set "y the $'I

=.urrently 5&7P> and upon +h!.h .heHues .an

"e dra+n& *a,!ns depos!ts are the form ofdemand depos!ts& *a,!ns depos!ts are

su"-e.t to restr!.t!ons on the num"er of

+!thdra+als as +ell as on the amounts of

+!thdra+als dur!n any spe.!@ed per!od&

%urther/ m!n!mum "alan.es may "e pres.r!"ed

!n order to oset the .ost of ma!nta!n!n andser,!.!n su.h depos!ts& *a,!ns "ank

a..ounts are used "y a lare sement of

small depos!tors as they .an put the!r reular

!n.omes !nto these a..ounts& 3nder th!s/

.ustomer .an +!thdra+ the money on

demand and also earn !nterest on the "alan.eleft !n the a..ount& *a,!ns a..ounts are

enerally opened "y households&

C3$$ENT DE#O*IT* =CD>1Current depos!t produ.ts are des!ned to

.ater the "ank!n reHu!rements of"us!nessmen/ traders/


23/39

.ompan!es and other ent!t!es& Th!s type of

depos!t !s also for the !nd!,!duals +ho are

!n,ol,ed !n .ommer.!al or "us!ness a.t!,!t!es&

In add!t!on to .on,ent!onal .urrent depos!t

a..ounts/ "ank oer ,ar!at!ons of the .urrentdepos!t +!th ,alue0added ser,!.es for el!!"le

.urrent a..ount .ustomers& 'ank also oers

the ,ar!ety of spe.!al ,alue0added produ.ts

and ser,!.es& Current depos!ts .ater to the

needs of "us!ness people +ho make use of

.heHue fa.!l!t!es extens!,ely and also re.e!,e

.heHues !n the!r fa,or from others& Th!s !s

-ust to fa.!l!tate the "us!ness men deal!n

freHuently +!th the a..ount !n the .ourse of

"us!ness +h!.h may ne.ess!tate +!thdra+!n

the!r funds at short not!.e and also

freHuently depos!t!n the!r surplus funds&(o+e,er/ there !s no restr!.t!on that only

"us!ness people should open .urrent

a..ounts& The "ank a..epts .urrent depos!ts

from !nd!,!duals/ .o0 operat!,e so.!et!es/

o,ernment !nst!tut!ons/ lo.al "od!es et.&


24/39

O')ECTIE* O% T(E

*T3D2 4& To oer useful *uest!ons for the 'etterManaement of Depos!ts&

9& To study the *o.!o 0 E.onom!. Impa.t of

Depos!t Mo"!l!at!on&5& The ma!n o"-e.t!,e of the study !s to

sur,ey the method *trate!es and the trend!n depos!t mo"!l!at!on of .ommer.!al "anks

!n Ind!a& The follo+!n are the su"0o"-e.t!,es

that help !n ela"orat!n and analy!n the

trend !n depos!t mo"!l!at!on "y the pu"l!.

and pr!,ate se.tor "anks&

F& To assert!on the pr!mary fa.tors thatattra.t the depos!tors to prefer for a

part!.ular "ank o,er others for stak!n the!r

ser,!.es and to .arry d!erent depos!t related

relat!,ely transa.t!ons&7& To dra+ "r!ey appropr!ate .on.lus!ons

and make su!ta"le re.ommendat!ons for!mpro,!n the performan.e of .ommer.!al

"anks !n the area of depos!t mo"!l!at!on&


25/39

B& To @nd out the relat!,e !mportan.e

"et+een t!me depos!t and demand depos!ts

mo"!l!ed "y .ommer.!al "anks areate

terms o,er a per!od&

#OLIC2 ON 'ANK

DE#O*ITTh!s study .o,ers a per!od of 45 years !&e&

from 4:::09888 to 984409849&The !mportantfun.t!ons of the "ank are to a..ept depos!ts

from the pu"l!. for the purpose of lend!n&Depos!tors are the ma-or stakeholders of the

"ank!n system& W!th l!"eral!at!on !n the

@nan.!al system and Internat!onal

oran!at!on of *.!ent!@. $esear.hdereulat!on of !nterest rates/ "anks are no+

free to formulate depos!t produ.ts +!th!n the

"road u!del!nes !ssued "y $eser,e 'ank of

Ind!a& Th!s study .o,ers a per!od of 45 years

!&e& from 4:::09888 to 984409849&


26/39

C(A#TE$ 0 5


27/39

'ANK #$O%ILE(I*TO$21 0 3n!on 'ank of Ind!a !s one of the

larest o,ernment0o+ned "anks of Ind!a&3n!on 'ank of Ind!a +as re!stered on 44

No,em"er 4:4: as a l!m!ted .ompany !n

Mum"a! and +as !nauurated "y Mahatma

Gandh!& At the t!me of Ind!as Independen.e

!n 4:F/ 3n!on 'ank only had four "ran.hes0

three !n Mum"a! and one !n *aurashtra/ all.on.entrated !n key trade .entres& After

Independen.e 3n!on 'ank a..elerated !ts

ro+th and "y the t!me the o,ernment

nat!onal!sed !t !n 4:B:/ !t had ro+n to 9F8

"ran.hes !n 9 states& *hortly after

nat!onal!sat!on/ 3n!on 'ank mered !n'elaum 'ank/ a pr!,ate se.tor "ank

esta"l!shed !n 4:58 that had !tself mered !n


28/39

a "ank !n 4:BF/ the *hr! )adeya shankarl!n

'ank ='!-apur/ on 48 May 4:F>& Then !n 4:7

3n!on 'ank mered !n M!ra- *tate 'ank/

Wh!.h had "een esta"l!shed !s 4:9: and

+h!.h had 9B "ran.hes& In 4::: the $'IreHuested that 3n!on 'ank a.Hu!re *!kk!m

'ank !n a res.ue after extens!,e !rreular!t!es

had "een d!s.o,ered at the non0s.heduled

"ank& *!kk!m 'ank had e!ht "ran.hes

lo.ated !n the north0east/ +h!.h +as

attra.t!,e to un!on "ank&3n!on 'ank "ean !ts !nternat!onal expans!on

!n 988 +!th the open!n of representat!,e

oersoJ.es !n A"u Dha"!/ 3n!ted Ara"

Em!rates/ *hanha! and #eoples $epu"l!. of

Ch!na& The next year/ 3n!on 'ank esta"l!shed

a "ran.h !n (on Kon/ !ts @rst "ran.houts!de Ind!a& In 988:/ 3n!on 'ank opened a

representat!,e oJ.e !n *ydney Austral!a&

AWA$D* ANDCE$TI%ICATIONIn 988B1 Nat!onal a+ard for the se.ond 'est

performan.e !n @nan.!n small s.ale un!ts "y

M!n!stry of small s.ale Industr!es/

Go,ernment of Ind!a&In 9881 Golden )u"!lee A+ard for the "est

'ank !n North east one for ex.ellen.e !n the


29/39

@eld of Khad! and ,!llae !ndustr!es from the

M!n!stry of M*ME/ Go,ernment of Ind!a&In 9881 Nat!onal A+ard under #r!me M!n!ster

Employment Guarantee #roramme !n NE

one from the m!n!stry of M*ME/ Go,ernmentof Ind!a&In 98490451 'ank "as ID$'T IT Ex.ellan.e

A+ards1 0IT Ex.ellan.e A+ard for ;'E*T IT TEAM<*pe.!al A+ard for ;Te.hnoloy for %I<

*pe.!al A+ar for ;Mana!n IT $!sk


30/39

Th!s "ran.h !s most reputed "ran.h of un!on

"ank of Ind!a !n "alasore& 'ran.h .ode !s

'ran.h'alasore made up of last s!x numer!.

d!!t of I%*C .ode& 'alasore !s +ell

esta"l!shed "ran.h !n "alasore& C!t!en ofInd!a ot "ene@ted "y th!s "ank s!n.e 44th

No,em"er 4:4:& The founder of the 3n!on

'ank of Ind!a !s Arun T!+ar!& 7788B8 !s the

'ran.h .ode of 3n!on 'ank of Ind!a "ank

'alasore "ran.h !n 'alasore& The .omplete

.onta.t address for "alasore !s #lot No& 48p/,!,ekanand mar/ D!st ? 'alasore/ Or!ssa #!n ?

7B884& The ma!n 'ran.h of 3n!on 'ank of

Ind!a !s 3n!on 'ank 'ha,an/ 95:/ !dhan

'ha+an Mar/ Nar!man #o!nt/ Mum"a!&

9/FB are employees&


31/39

C(A#TE$ 0 F

DATA ANAL2*I*

The ,olume of depos!ts and the return on

ad,an.es are .losely related to the


32/39

deployment of funds& If the depos!ts are

!n.reased/ !t !n.reases the ad,an.es of the

"ank& %or the performan.e of the "anks/

ro+th rate analyses are an !mportant

parameter& An !n.reas!n trend !n ro+th rateof depos!ts sho+s "etter performan.e of the

3n!on 'ank of Ind!a !n depos!t mo"!l!at!on&

The s!e of depos!ts determ!nes the funds

a,a!la"le for lend!n& The ro+th rate !n total

depos!ts of 3n!on 'ank of Ind!a sho+s an

!n.reas!n trend o,er the per!od& The h!herthe ro+th rates o,er the per!od/ the h!her

the le,el of market or!entat!on of the "ank

and ,!.e ,ersa& The !nformat!on relat!n to

the depos!t mo"!l!at!on s.enar!o of 3n!on

'ank of Ind!a !s sho+n !n ta"le 4&4


33/39

ANN3AL $E#O$T* IN

G$OWT( $ATE O% TOTAL

DE#O*IT* O% 3'I


34/39

ANAL2*I* O% DE#O*IT

MI6 O% 3NION 'ANK O%

INDIA

Ta"le 4&9 !nd!.ates that/ the "ank under study l!keany other .ommer.!al "anks has "een a"le tomo"!l!e only three types of depos!ts !&e& .urrentdepos!t/ sa,!ns depos!t/ and term depos!ts&

Therefore/ !t may "e sa!d that the depos!t m!x of3n!on 'ank of Ind!a !s .on,ent!onal !n nature& Italso !nd!.ates that the term depos!ts share !s.omparat!,ely h!h out of the total depos!t&Gro+th of the term depos!t !s also !n an !n.reas!ntrend o,er the per!od& Th!s sho+s that 3n!on 'ankof Ind!a has "een term depos!t .entered rather

than .urrent and sa,!ns depos!t& The share of.urrent depos!ts has "een relat!,ely less !nd!.at!nthat the 3n!on 'ank of Ind!a has not "een a"le to


35/39

attra.t more and more depos!ts from the "us!nessun!ts& Gro+th o,er the study per!od !s u.tuat!n&%rom 9888 to 988B neat!,e ro+thper.entae and from 988B to 988: pos!t!,ero+th per.entae !n .ase of depos!t m!x&

C(A#TE$ 0 7


36/39

%INDING* O% T(E *T3D2 4& In.rease !n depos!ts e,ery year ree.ts

the 3n!on 'ank of Ind!aQs ee.t!,eness !nmo"!l!at!on of funds fordeployment&9& 3n!on 'ank of Ind!a !s su..essful !n

attra.t!n the depos!ts from the pu"l!. and

there"y !t !s su..essful !n de,elop!n the

ha"!t of sa,!ns amon people&5& The depos!t m!x of 3n!on 'ank of Ind!a !s

.on,ent!onal !n nature/ !t !nd!.ates that the

term depos!ts share !s.omparat!,ely h!h out of the total depos!t&

7& Gro+th of the term depos!t !s also !n an

!n.reas!n trend o,er the per!od& Th!s sho+sthat 3n!on 'ank of Ind!a has "een term depos!t .antered rather

than .urrent and sa,!ns depos!t&


37/39

*3GGE*TION*4& The "anks should !ntrodu.e ,ar!ousdepos!ts s.hemes to attra.t the pu"l!.&9& To meet the "as!. ne.ess!t!es and to

!mpro,e the per .ap!ta !n.ome/ sa,!n

depos!t!n the money "e.omes ne.essary&

5& In the e,er !n.reas!n .ompet!t!onamonst "anks to !n.rease market shares and

reta!n .ustomer loyalty/ theneed to pro,!de "ank!n ser,!.es !n a a+less

manner and at a lo+ .ost !s a.utely felt/ more

so !n the re.ent t!mes&

F& The "anks should .reate a+areness ofthe ex!sten.e and a,a!la"!l!ty of support

ser,!.es amon the .ustomers&


38/39

CONCL3*ION%or o,er N!ne de.ades the 3n!on 'ank of

Ind!a ha,e earned the reputat!on of "e!n

te.hno0sa,,y "ank and !s one of the front

runners amonst pu"l!. se.tor "ank !n the

@eld of te.hnoloy& W!th !ts prudent

manaement and ood o,ernan.e/ "anks

non0perform!n assets +ere .omparat!,ely

lo+er& 'ank !s @rmly .omm!tted to

.onsol!dat!n and ma!nta!n!n !ts !dent!ty as

a lead!n/ !nno,at!,e Commer.!al 'ank/ +!th

a proa.t!,e approa.h to the .han!n needs

of the so.!ety& Th!s !s "e.ause of num"er of

produ.ts and ser,!.es made a,a!la"le to !ts

,alua"le .ustomers& Today/ +!th !ts eJ.!ent/

,alue0added ser,!.es/ susta!ned ro+th/

.ons!stent pro@ta"!l!ty and de,elopment of

ne+ te.hnolo!es/ 3n!on 'ank of Ind!a hasensured .omplete .ustomer del!ht/ l!,!n up

to !ts !mae of/ ;GOOD #EO#LE TO 'ANK

WIT(


39/39

ha,e made ood proress !n te.hnoloy/ the

.hallene l!es !n Hu!.kly d!ssem!nat!n these

produ.ts amonst the!r .l!entele and also

present themsel,es as a te.hno0sa,,y

"ank/ part!.ularly to the younerenerat!on of the so.!ety&

'I'LIOG$A#(2

INDIAN 'ANKING *2*TEMWWW&3NION'ANKO%INDIA&COM

WWW&$'I&O$G&INWWW&GOOGLE&COMWWW&2A(OO&COM

WWW&WIKI#EDIA&COM
http://www.unionbankofindia.com/http://www.rbi.org.in/http://www.google.com/http://www.yahoo.com/http://www.wikipedia.com/http://www.rbi.org.in/http://www.google.com/http://www.yahoo.com/http://www.wikipedia.com/http://www.unionbankofindia.com/

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