8/3/2019 Summer Training Project 2012

1/7

Acknowledgement

The report is the report of the contribution and cooperation of many people, other than

my own small efforts

I wish to extend my sincere thanks to all my teachers, who have bestowed me with theerudition that has made this assignment possible

In particular I wish to extend my earnest and heartfelt thanks to my supervisorMr.,braj itm,aligarh whose timely advise, summarizing words of wisdom and

motivation inspired me in to finishing this assignment successfully. I am indebted to him

for his involvement. I am also thanks full to mr...Brajitm,aligarh for his assurance and willingness to proper help always

I also wish to thanks my parents and all those are now people who agreed on filling myquestionnaires painstakingly and thus helped me actually go ahead with my assignment

or my work would have remain confined to my imagination.In the end I would also like to add that this report exists because of the cooperation of alland that I take no credit for this achievement but responsibility for any mistake and in

accuracies.

8/3/2019 Summer Training Project 2012

2/7

Table of contents

Certificate

DeclarationAcknowledgement

Executive summary1

Chapter 1 2-10Introduction

Chapter2 11-49

About hdfc bank

Home loan product of hdfcHome loan interest rates for residence Indians

Chapter 3 50-51

Objective of studyResearch methodology

Chapter 4 52-65

Data analysis and interpretationFinding

Chapter 5 66-76

Recommendation

SuggestionLimitations

Conclusion

QuestionnaireBibliography

8/3/2019 Summer Training Project 2012

3/7

Chapter-1

8/3/2019 Summer Training Project 2012

4/7

Indian banking system

Banks in IndiaIndia has a well development banking system. Most of the banks in India were foundedby Indian entrepreneurs and visionaries in the preindependence era to provide financial

assistance to traders, ariculturists and budding Indian industrialists. Indian banks have

played a significant role in the development of Indian economy by inculcating the habitof saving in Indians and by lending finance to Indian industry.

The commercial banking structure in India consists of: Scheduled Commercial Banksand Unscheduled Banks. Scheduled commercial Banks constitute those banks, Which

have been included in the Second Schedule of Reserve Bank of Indian (RBI) Act, 1934.

RBI included only those banks in this schedule, which satisfy the criteria laid down vide

section 42 (6) (a) of the Act. Indian banks can be broadly classified into nationalized

banks/public sector banks, private banks and foreign banks.

2

8/3/2019 Summer Training Project 2012

5/7

FOREIGN BANKS IN INDIA

Foreign banks have brought latest technology and latest banking practice in India. They

have helped made Indian banking system more competitive and efficient. Government

has come up with a road map for expansion of foreign banks in India.

The road map has two phases. During the first phase betweem March 2005 and March

2009, foreign banks may establish a presence by way of setting up a wholly ownedsubsidiary (WOS) or conversion of exisiting branches into a WOS. The second phase will

commence in April 2009 after a review of the experience gained after due consulatance

with all the stake holders in the banking sector. The review would examine issuesconcerning extension of national treatment to WOS, dilution of stake and permitting

mergers/acquisitions of any private sector banks in India by a foreign bank.

Major foreign banks in India are:

ABN-AMRO BankAbu Dhabi Commercial Bank Ltd.

American Express Bank Ltd.

8/3/2019 Summer Training Project 2012

6/7

BNP ParibasCiti bank

DBS Bank LtdDeutsshe Bank

HSBC Ltd

Standard Chartered bank

8/3/2019 Summer Training Project 2012

7/7