ojt project
TRANSCRIPT
INDUSTRIAL TRAINING PROJECT REPORT
ON
“CREDITS (PRODUCTS AND SERVICES OF RELIGARE FINVEST)”
(Submitted in the partial fulfillment of the requirements for the Award of
Bachelor of Business Administration)
Submitted by
Name: AVISHEK PAUL
Roll No: 976012
BBA Batch (2009-2012)
Under the guidance of
Prof. B.C.M Patnaik Mr.Sarbjit Singh
KSOM, KIIT University Religare Finvest Ltd
SCHOOL OF MANAGEMENT, KIIT UNIVERSITY
BHUBANESWAR – 751024
Certificate of Corporate Guide
In company letter head by the department head/corporate guide
Certificate of Faculty Guide
Certified that the work incorporated in this Project Report “ON CREDIT.. SME
AND
LAP PRODUCTS” submitted by Mr. AVISHEK PAUL is his original work and
completed under my supervision.
Material obtained from other sources has been duly acknowledged in the
Project Report.
Date: Signature of Guide:
Place:
Declaration
This is to declare that I have carried out this project work myself in part fulfillment of the BBA
Programme at School of Management, KIIT University.
The work is original, has not been copied from anywhere else and has not been submitted to any
other University/Institute for an award of any degree/diploma.
Date: Signature:
Place: Name:
CONTENT
1) ACKNOWLEDGEMENT
2) INTRODUCTION
3) COMPANY PROFILE
4) INDUSTRY PROFILE/ PRODUCTS AND SERVICES
5) STRUCTURE OF COMPANY
6) BRAND IDENTIFY
7) STOCK UNDER NIFTY
8) STOCK UNDER BSE
9) RESEARCH METHODOLOGY
10) MARKET SHARE - STOCK MARKET PRICE & GRAPHS
11) APPENDIX
12) QUESTIONNAIRE
13) CONCLUSION
14) BIBLIOGRAPHY
ACKNOWLEDGEMENT
At the very outset. I wish to express my heartiest gratitude to all those who extended their help it
was absolutely impossible for a single individual to complete the assigned job without help and
assistance from others.
It is my greatest pleasure to acknowledge sincere gratitude towards Mr. Sarabjit Singh,
Mr.Ranadeep Sarma and Mr.Amitava Banerjee Religare Finvest Pvt Ltd., Kolkata, for
their valuable and enlightened guidance as well as freedom they had offered to me during the
completion of the project work.
I am also thankful to the entire employee who provided us with the best practical information
and the necessary information when needed.
I would also like to acknowledge my sincere gratitude to our Coordinator Prof. P.R Sahoo and
my project guide Prof. B.C.M PATNAIK for helping me in this project work.
I am thankful to all of my friends and batch mates for their help in completing this project work.
Finally, I am thankful to my entire family members for their great support and encouragement.
INTRODUCTION
Religare is a Latin word that translates as 'to bind together'. This name has been chosen to reflect
the integrated nature of the financial services the company offers.
Religare is an emerging markets financial services group with a presence across Asia, Africa,
Middle East, Europe, and the Americas. In India, Religare’s largest market, the group offers a
wide array of products and services including broking, insurance, asset management, lending
solutions, investment banking and wealth management. With 10,000-plus employees across
multiple geographies, Religare serves over a million clients, including corporate and institutions,
high net worth families and individuals, and retail investors.
COMPANY LOGO:-
VISION
"To be the leading emerging markets financial services group driven by innovation, delivering
superior value for all stakeholders globally".
PROFILE OF COMPANY
Religare Enterprises Limited (REL):
Religare, a Ranbaxy promoter group company, is one of the leading integrated financial services
institutions of India. The company offers a large and diverse bouquet of services ranging from
equities,commodities, insurance broking, to wealth advisory, portfolio management services,
personal finance services, Investment banking and institutional broking services. The services
are broadly clubbed across three key business verticals- Retail, Wealth management and the
Institutional spectrum. Religare Enterprises Limited is the holding company for all its businesses,
structured and being operated through various subsidiaries.
Religare’s retail network spreads across the length and breadth of the country with its presence
through more than 1,217 locations across more than 392 cities and towns. Having spread itself
fairly well across the country and with the promise of not resting on its laurels, it has also
aggressively started eyeing global geographies.
Religare Enterprises Limited (REL) is one of the leading integrated financial services groups of
India. REL’s businesses are broadly clubbed across three key verticals, the Retail Institutional
and Wealth spectrums, catering to a diverse and wide base of clients. The vision is to build
Religare as a globally trusted brand in the financial services domain and present it as the
„Investment Gateway of India‟.
INDUSTRY PROFILE
Religare Finvest Limited (RFL), a 100% subsidiary of Religare Enterprises Limited (REL) is registered
with the Reserve Bank of India (RBI) as a Non-Banking Finance Company (NBFC) and is the lending arm
of REL.
RFL has adopted a strategy of lending on commercially earning assets through its three lines of business
i.e. Working Capital Loans, Loans against Property (LAP) and Loans on Commercial Assets (CA). It has
recently added Leasing and Third party products which help augment the bouquet of products and
strengthen the income-lines. The corporate advisory group of RFL also provides corporate, banking, and
financial institutional sector solutions to SMEs looking to expand their business.
Major developments in equity brokerage industry in India
PRODUCTS AND SERVICES
LAP
Make your property unlock your dreams. Religare Finvest Limited offers you Loan
Against Property (LAP), a product that gives you the best and the most hassle-free way
to encash the hidden value of your residential or commercial property. We offer the
following products:
a) LAP - COMMERCIAL
b) LAP - RESIDENTIAL
c) LAP – INDUSTRIAL
COMPONENTS
Who can applyIndividuals or companies who own a residential, commercial or an industrial property and have stable
source of income.
Loan Against Property helps you meet all your business and personal needs, like:
Expansion of business
Consolidation of existing debts
Purchase of another property
Purchase of plant & machinery
WHY RELIGARE FINVEST.
Attractive interest rates and tailor-made solutions to meet your requirements
Loan tenure extending
upto 10 years
Legal and technical assistance and door step service
Easy documentation and faster processing
No charges on part pre-payment of 25% of principal outstanding*
* Applicable after 12 months from the date of disbursement
* Religare Floating Reference Rate is 18.75% effective 1st June 2011
COMMERCIAL VEHICLE LOANS
We at Religare Finvest Limited understand you and your business requirements.
Whether you are a first time buyer, a retail operator, a strategic operator or a captive user
requiring a vehicle/construction equipment for your business, we will be a partner to
your growth. We offer Commercial Vehicle Finance for the entire range of commercial
vehicles that include Light, Medium & Heavy Commercial Vehicles, Buses (inclusive of
passenger and school buses), Multi Utility Vehicles & Three Wheelers. With customized
loan solutions for buying new vehicles, availing loans on existing vehicles, or loans for
purchase of second-hand vehicles, we work towards meeting your financial needs to
help you grow.
Product Features
Loans for the entire range of new and used commercial vehicles
Loans are extended for chassis and body fabrication
We also provide top ups and balance transfer
Loans from 1 lac and above
Tenure upto 48 months
Religare Finvest Advantage
Simplified documentation process
Attractive interest rates
Flexible repayment schemes
Exceptional personalized service
Quick turnaround time and speedy disbursal of loans
Presence in multiple locations ensures quick and easy
access of funds
Useful for
Self Employed Traders
Manufacturers
Professional Proprietorships
Partnerships
Private Limited Firms
Public Limited Firms
Documents Needed
Application form with coloured photograph
Age Proof, Signature Proof, Identity Proof, Address Proof
Income Proof : a) 2 years’ audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank
Statement of latest 6 months
Repayment Tracks on other loans : 9 months track record
CONSTRUCTION EQUIPMENT FINANCE
Equipment financing is a powerful financial tool to help your business grow and thrive.
With the huge investment in urban and rural infrastructure in building IT parks, shopping
malls, highway networks, residential areas, roads, power, ports and irrigation etc., the
financing need of the business have increased. To meet the needs of industry and
market, Religare Finvest Limited extend loans for purchase of new and used
Construction Equipments like Excavators, Backhoe, Wheel Loaders, Tippers, Forklifts,
Compactors, Pavers, and all the earth moving, material handling equipments, etc.
Product Features
Loans available for entire range of new and used construction equipments
We provide top ups and balance transfer
Get finance up to 100% of the cost of the equipment
Our product caters to all segments: First time buyers to strategic customers
Loans from 5 lakh and above
Loan tenure up to 48 months
Product Benefits
Flexible financing solutions to meet individual requirements
Quick and easy processing
Simplified documentation process
Exceptional service
Flexible repayment scheme
Competitive rate of interest
Suitable for
First time buyers
Small and large transport operators
Proprietorships
Partnerships
Private Limited Firms
Public Limited Firms
Documents Needed
Application form with coloured photograph
Age Proof, Signature Proof, Identity Proof, Address Proof
Income Proof : a) 2 years’ audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank
Statement of latest 6 months
Repayment Tracks on other loans : 9 months track record
WORKING CAPITAL LOANS
Nurturing your dreams for an ever-growing business. At Religare Finvest Limited, we
understand the needs of new plant & machinery, inventory purchase, working capital &
business expansion for your thriving business. We fund the entire SME spectrum
covering Manufacturers, Wholesalers, Retailers, Exporters/ Importers and Self Employed
Professionals. With specialized products, simplified processes and documentation,
doorstep service delivery etc., we keep our customers at the centre of our universe
because we believe that in your success lies ours.
Loan Features
Secured and unsecured loans
Loans for business expansion, working capital loans
Loan against / for Plant & Machinery
Loans for 10 lakh and above
Tenure from 12 to 48 months
Benefits
Dedicated Relationship Managers
Quick and Easy Processing
Doorstep Service
Simplified Documentation
Attractive Rates
Flexible Repayments
Suitable for
Self Employed Professionals
Traders and Manufacturers
Proprietorship
Partnership
Private Limited Firms
Public Limited Firms
Machine Categories
Injection Moulding Machines
Blow Moulding Machines
Diesel Generators
Boilers
Lathe Machines
Printing Machines
Medical Equipment (MRI / CT Scanners)
Hammers and Forging Equipment
Spinning and Rolling Machines
Loan Against / For Paintings
Documents Needed
Application form with coloured photograph
KYC (for company and promoters): Proof of Age, Signature, Identity and Address
Income Proof : a) 2 years’ audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank
Statement of last 6 months
Repayment Tracks on other loans : 9 months track record
CAPITAL MARKET LOANS
Long term investment being sold for liquidity needs? Religare has a better solution for you. The capacity
of your investment to capitalize your wealth: LAS
LOAN AGAINST SECURITIES from RFL allows you to envisage the power of your financial assets and
earn all investment benefits. This gives you the option for immediate liquidity without selling the financial
assets and further multiplying your investments. The product can be availed by depositing the shares as
collaterals with the financer, thus, leveraging your investments.
Available through Religare's wide retail network in more than 1837 locations across 498 towns and cities,
this comes with unlimited benefits like:
Interest charged only on the utilized amount
Low Processing charge & Rate of Interest
Exhaustive list of approved securities
Eligibility
Only residents between the age of 18 and 75 years can apply
Limited Companies, Partnership firms, Sole Proprietors and Hindu Undivided Families (HUF’s) are also
eligible
Loan only against approved scrip's
Application Processing
Few easy steps towards:
Filling of the Application Form & execution of a Loan Agreement
Opening of a PoA* Bank account
Opening of a PoA* Demat account
STRUCTURE
RELIGARE ENTERPRISES LIMITED
Religare AMC Limited
Asset Management Business
Portfolio Management
AEGON Religare Life Insurance Co. Ltd.
Life Insurance Company, JV with Aegon(26%),
Religare(44%), and Bennett & Coleman(30%)
Religare Macquarie Wealth Mgmt. Ltd.
JV with Macquarie for Wealth Management Business
Religare Securities Limited
Retail Equity Broking
Online Investment Portal
Depository Services
Religare Commodities Limited
Commodity Broking Business
Religare Capital Markets Limited
PE and M&A Advisory
Institutional Broking
Investment Banking
Religare Finvest Limited
Lending and Distribution business
Religare Insurance Broking Limited
Life Insurance Broking Business
Non-Life Insurance Broking Business
Religare Arts Initiative Limited
Business of Art
Art Gallery
Art Advisory
Religare Venture Capital Limited
Private Equity and Investment Manager
Vistaar Religare Capital Advisors Ltd.
JV with Vistaar Entertainment Ventures for film
fund
India's first ever film fund
Religare - Milestone
JV with Milestone Capital to manage a
healthcare and education fund
Religare Finance Ltd.
Capital Market Financing
BRAND IDENTIFY
Symbol
The Religare name is paired with the symbol of a four-leaf clover. Traditionally, it is considered good
fortune to find a four-leaf clover as there is only one four-leaf clover for every 10,000 three-leaf clovers
found.
For us, each leaf of the clover has a special meaning. It is a symbol of Hope. Trust. Care. Good Fortune.
For the world, it is the symbol of Religare.
The first leaf of the clover represents Hope. The aspirations to succeed. The dream of
becoming. Of new possibilities. It is the beginning of every step and the foundation on which
a person reaches for the stars.
The second leaf of the clover represents Trust. The ability to place one’s own faith in another.
To have a relationship as partners in a team. To accomplish a given goal with the balance that
brings satisfaction to all, not in the binding, but in the bond that is built.
The third leaf of the clover represents Care. The secret ingredient that is the cement in every
relationship. The truth of feeling that underlines sincerity and the triumph of diligence in
every aspect. From it springs true warmth of service and the ability to adapt to evolving
environments with consideration to all.
The fourth and final leaf of the clover represents Good Fortune. Signifying that rare ability to
meld opportunity and planning with circumstance to generate those often looked for
remunerative moments of success.
Hope. Trust. Care. Good Fortune. All elements perfectly combine in the emblematic and
rare, four-leaf clover to visually symbolize the values that bind together and form the core of
the Religare vision.
STOCKS UNDER NIFTY
There are 50 stocks in NSE
ABB LTD., ELECTRICAL EQUIPMENT
ACC LTD., CEMENT AND CEMENT PRODUCTS
AMBUJA CEMENTS LTD., CEMENT AND CEMENT
PRODUCTS
AXIS BANK LTD., BANKS, AXIS BANK,
BHARAT HEAVY ELECTRICALS LTD., ELECTRICAL
EQUIPMENT, BHEL,
BHARAT PETROLEUM CORPORATION
LTD.,REFINERIES,BPCL,
BHARTI AIRTEL LTD.,TELECOMMUNICATION
SERVICES, BHARTIARTL,
CAIRN INDIA LTD.,OIL
EXPLORATION/PRODUCTION,CAIRN,
CIPLA LTD.,PHARMACEUTICALS,CIPLA,
DLF LTD.,CONSTRUCTION,DLF,
GAIL (INDIA) LTD.,GAS,GAIL,
GRASIM INDUSTRIES LTD., CEMENT AND CEMENT
PRODUCTS, GRASIM,
HCL TECHNOLOGIES LTD.,COMPUTERS
SOFTWARE, HCLTECH,
HDFC BANK LTD.,BANKS,HDFCBANK,
HERO HONDA MOTORS LTD.,AUTOMOBILES
WHEELERS, HEROHONDA,
HINDALCO INDUSTRIES LTD.,ALUMINIUM,HINDALCO,
HINDUSTAN UNILEVER LTD.,DIVERSIFIED,HINDUNILVR,
HOUSING DEVELOPMENT FINANCE CORPORATION LTD.,FINANCE
HOUSING, HDFC,
I T C LTD.,CIGARETTES,ITC,
ICICI BANK LTD.,BANKS,ICICIBANK,
IDEA CELLULAR LTD.,TELECOMMUNICATION
SERVICES, IDEA,
INFOSYS TECHNOLOGIES LTD.,COMPUTERS -
SOFTWARE, INFOSYSTCH,
LARSEN & TOUBRO LTD.,ENGINEERING,LT,
MAHINDRA & MAHINDRA LTD.,AUTOMOBILES WHEELERS,
MARUTI SUZUKI INDIA LTD.,AUTOMOBILES WHEELERS,MARUTI,
NTPC LTD.,POWER,NTPC,
NATIONAL ALUMINIUM CO. LTD.,
OIL & NATURAL GAS CORPORATION LTD.,OIL
EXPLORATION/PRODUCTION, ONGC,
POWER GRID CORPORATION OF INDIA
LTD.,POWER,POWERGRID,
PUNJAB NATIONAL BANK,BANKS,PNB
RANBAXY LABORATORIES
LTD.,PHARMACEUTICALS,RANBAXY
RELIANCE CAPITAL LTD.,FINANCE,RELCAPITAL
RELIANCE COMMUNICATIONS LTD.,TELECOMMUNICATION -
SERVICES, RCOM
RELIANCE INDUSTRIES LTD.,REFINERIES,RELIANCE
RELIANCE INFRASTRUCTURE LTD.,POWER,RELINFRA
RELIANCE PETROLEUM LTD.,REFINERIES,RPL,
RELIANCE POWER LTD.,POWER,RPOWER,
SIEMENS LTD.,ELECTRICAL EQUIPMENT,SIEMENS
STATE BANK OF INDIA,BANKS,SBIN
STEEL AUTHORITY OF INDIA LTD.,STEEL AND STEEL
PRODUCTS, SAIL
STERLITE INDUSTRIES (INDIA) LTD.,METALS,STER
SUN PHARMACEUTICAL INDUSTRIES
LTD.,PHARMACEUTICALS,SUNPHARMA
SUZLON ENERGY LTD.,ELECTRICAL EQUIPMENT,SUZLON
TATA COMMUNICATIONS LTD.,TELECOMMUNICATION -
SERVICES, TATACOMM
TATA CONSULTANCY SERVICES LTD.,COMPUTERS
SOFTWARE, TCS
TATA MOTORS LTD.,AUTOMOBILES
WHEELERS, TATAMOTORS
TATA POWER CO. LTD.,POWER,TATAPOWER
TATA STEEL LTD.,STEEL AND STEEL
PRODUCTS, TATASTEEL
UNITECH LTD.,CONSTRUCTION,UNITECH
WIPRO LTD.,COMPUTERS - SOFTWARE,WIPRO
ZEE ENTERTAINMENT ENTERPRISES LTD. MEDIA & ENTERTAINMENT
BOMBAY STOCK EXCHANGE (BSE)
There are 30 stocks under (BSE)
ACC LTD. CEMENT AND CEMENT PRODUCTS
AMBUJA CEMENTS LTD. CEMENT AND CEMENT PRODUCTS
BAJAJ AUTO LTD. AUTOMOBILES - 2 AND 3 WHEELERS
BHARAT HEAVY ELECTRICALS LTD. ELECTRICAL EQUIPMENT
BHARTI AIRTEL LTD. TELECOMMUNICATION - SERVICES
CIPLA LTD. PHARMACEUTICALS
DLF LTD. DEVELOPERS/CONSTRUCTION
GRASIM INDUSTRIES LTD. DIVERSIFIED
HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE - HOUSING
HDFC BANK LTD. BANKS
HINDALCO INDUSTRIES LTD. ALUMINIUM
HINDUSTAN UNILEVER LTD. FMCG
ICICI BANK LTD. BANKS
INFOSYS TECHNOLOGIES LTD. INFORMATION TECHNOLOGY
ITC LTD. FMCG
LARSEN & TOUBRO LTD. ENGINEERING
MAHINDRA & MAHINDRA LTD. AUTOMOBILES - 4 WHEELERS
MARUTI UDYOG LTD. AUTOMOBILES - 4 WHEELERS
NTPC LTD. POWER
OIL & NATURAL GAS CORPORATION LTD. OIL EXPLORATION/PRODUCTION
RANBAXY LABORATORIES LTD. PHARMACEUTICALS
RELIANCE COMMUNICATIONS LIMITED TELECOM
RELIANCE ENERGY LTD. POWER
RELIANCE INDUSTRIES LTD. REFINERIES
SATYAM COMPUTER SERVICES LTD. COMPUTERS - SOFTWARE
STATE BANK OF INDIA BANKS
TATA CONSULTANCY SERVICES LTD. COMPUTERS – SOFTWAR
RESEARCH METHODOLOGY
Research Design:
Research design means adopting that type technique of research which is most suited for the
research and study of the problem. For the study and the research of the problem proper material
has to be selected and collected for the investigation.
“A research design is the arrangement of conditions for collection and analysis of data in a
manner that aims to combine relevance to the research purpose with economy in procedure.”
- Jahoda, deutish. Cook.
In order to know about effectiveness of stock and commodities in Religare Securities Ltd., it was
necessary to interact with the customer. The sample taken comprised of respondents from
Kolkata city. A questionnaire had to be designed to collect valuable information from the
different customer groups. The questionnaire which was designed suitably to meet the objective
of research work.
Nature of Research:
In this project report I have undertaken quantitative type of study.
Type of the questions:
The questions in the questionnaire asked to the visiting customers of Religare Securities Ltd,
Regional office in Kolkata, are Straight Forward and Limited Probing.
Type of the Questionnaire:
The questionnaire in this project report is straight forward and formalized.
Type of Analysis:
The analysis done in this particular project report is statistical
Market Share - Stock Market Price & Graphs
HDFC Bank
BSE: 500180 | NSE: HDFCBANK | ISIN: INE040A01018
Reliance Industries
BSE: 500325 | NSE: RELIANCE | ISIN: INE002A0101
ICICI Bank
BSE: 532174 | NSE: ICICIBANK | ISIN: INE090A01013
Blue Dart Express
BSE: 526612 | NSE: BLUEDART | ISIN: INE233B01017
Ads by Google
Punjab National Bank
BSE: 532461 | NSE: PNB | ISIN: INE160A01014
Ads by Google
Bharti Airtel
BSE: 532454 | NSE: BHARTIARTL | ISIN: INE397D01024
Ambuja Cements
BSE: 500425 | NSE: AMBUJACEM | ISIN: INE079A01024
ITC
BSE: 500875 | NSE: ITC | ISIN: INE154A01025
Appendix
I. Copy of questionnaire
II. Bibliography
QUESTIONNAIRE
1. Name: ________________________________________________
2. Contact No: ________________________________________________
3. Occupation:
Businessman Proprietor
HNI Individual
4. Income Group (Annual):
10000 - 1 Lakh 1 Lakh - 5 Lakh
5 Lakh-10 Lakh 10 Lakh - Above
5. How do you find Company Interaction via Email and Telephone Calls?
Poor Fair
Good Very Good
6. Do you find company’s investment tips useful and beneficial?
Yes No
Can’t Say
7. Where do you rate Religare on the scale of 10 in terms of Services?
4 6
8 10
8. Where do you invest/ trade mostly?
Equity Commodity
Currency
9. Where do you trade mostly?
Intraday trading Delivery Trading
10. Do you trade in any other broking firm?
Yes No
If yes, name of the broking firm__________________________________
11. Are you satisfied with the services provided by Religare?
Yes No
Since last how many years you are in field of trading?
Less than 1 Year More Than 1 Year
More than 5 Year
12. What improvement do you want be done in company’s services?
____________________________________________________________________________
______________________________________________________________________________
__________________
13. Which service do you like most in Religare?
____________________________________________________________________________
______________________________________________________________________________
__________________
CONCLUSION
Summer Internships has given a lot of scope and practical experiences from the on the job
culture to theoretical implications at the different levels. There is a great learning in this field.In
the current scenario, investing is very important and investing in stock markets is a major
challenge ever for professionals. The young people should start investing earlier so that they can
reap the benefits of investing in future.
People should keep their eyes open and keep updating themselves about various investment
avenues, so that they can get safe returns.
Bibliography
Websites =
http://deadpresident.blogspot.com
http://religareonline.com
http://www.religarefinvest.com
Newspapers =
The Economics times
Books=
Marketing Research by G C Beri- third edition – © 2000, Tata McGraw-
Hill Publishing Company Ltd.
Investment Management- V.K. Bhalla.