IMDR Page 5 At the time of adhar update I use to do calling for adhar number

Imdr page 5 at the time of adhar update i use to do

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IMDR Page 5
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At the time of adhar update I use to do calling for adhar number updation as it is made compulsory by RBI to link adhar card no. with their account before 31 st july because of the new technology coming up. I use to prepare daily excel file for maintaining data. During my internship I have observed many things i.e. the working style of HDFC Bank and the way of handling customer relations, tricks for pitching customers for selling of products .Organisational observation was done through SWOT analysis and the hierarchy of work with proper management. Learning from internship project: The way of working is changed; it went a shift from physical working to digitalisation. So I have learned the flexibility and ability to adapt to changes quickly and I myself made people shift on digitalisation. Under retail banking under which I have done internship, here I have seen and learned how to sell the financial products and convince customers and by this I developed new skills. The employees of HDFC has taught me how to be sales oriented , I learned management skills like to handle daily targets and manage to do within time. Also learned about corporate world. IMDR Page 6
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INTRODUCTION TO THE INDUSTRY A bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lead money. Banks are important players in financial services such as investment funds. In some countries like Germany, banks are the primary owners of industrial corporations. While in other countries such as the United States banks are prohibited from owning non- financial companies. BANKING IN INDIA Banking in India originated in the last decades of the 18 th century. The first banks were the general bank of India which started in 1786, and bank of Hindustan both of which are now defunct. The oldest bank in existence in India, which originated in Calcutta in june1806. The first fully Indian owned bank was the Allahabad bank established in 1865. After that reserve bank of India was established in 1935, under the Reserve Bank of India Act,1934. Indian banking system is divided into scheduled banks and non-scheduled banks. The scheduled banks are those under the 2 nd schedule of the reserve bank of India act, 1934. The scheduled banks are further classified into: nationalised banks; State bank of India and its associates; regional rural banks; foreign banks; and other Indian private sector banks. The term commercial banks refers to both the scheduled and non-scheduled commercial banks regulated under the Banking Regulation Act, 1949. MAJOR PLAYERS IN INDIA: State bank of India HDFC bank Punjab national bank ICICI bank Axis bank IMDR Page 7
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COMPANY PROFILE ABOUT HDFC BANK The housing development finance corporation limited (HDFC) was amongst the first to receive an ‘in principle” approval from the reserve bank of India to set up a bank in the private sector, as part of the RBI’s liberalisation of the Indian banking industry in 1994. The
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  • Fall '17
  • Mahvish ali

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