Professional Documents
Culture Documents
ON
Program of
INSTITUTE FOR TECHNOLOGY & MANAGEMENT
NAVI MUMBAI
Before we get into thick of things, I would like to add a few words of appreciation for the people who have
been a part of this project right from its inception. The writing of this project has been one of the significant
academic challenges I have faced and without the support, patience, and guidance of the people involved, this
task would not have been completed. It is to them I owe my deepest gratitude.
It gives me immense pleasure in presenting this project report on "ANALYSIS OF MUTUAL FUNDS IN
INDIA". It has been my privilege to have a team of project guide who have assisted me from the
commencement of this project. The success of this project is a result of sheer hard work, and determination
put in by me with the help of my project guide. I hereby take this opportunity to add a special note of thanks
forProf. Sammie Ahmed Syed, who undertook to act as my mentor despite her many other academic and
professional commitments. Her wisdom, knowledge, and commitment to the highest standards inspired and
motivated me. Without her insight, support, and energy, this project wouldn't have kick-started and neither
would have reached fruitfulness.
I also feel heartiest sense of obligation to my library staff members & seniors, who helped me in collection of
data & resource material & also in its processing as well as in drafting manuscript. The project is dedicated to
all those people, who helped me while doing this project.
INTRODUCTION
The process of credit appraisal would begin with the selection of the proponent. It would involve
appraising the background of the proponent/management, commercial, technical and financial
appraisal. Appraisal of credit facilities would comprise two distinct segments:
LITERATURE REVIEW:
A number of studies have observed that the profitability of commercial banks through
had started declining from the mid sixties, but the decline was more pronounce in the
post nationalization period, several exogenous ( also called policy induced) and
endogenous factors have been found responsible for this trend. An attempt has been
made to briefly review some of the studies which investigated the profitability behavior
of commercial banks in India. Many studies have not taken in the home loan of Indian
banking with their financial performance. So in this situation the present study
reviewed the research work in two dimensions. The first being findings and
recommendations by various committee and commissions The second dimension
highlighted the empirical studies conducted by bankers or academicians,.
Goyal and Joshi (2011) have concluded in their study on Social and Ethical
Aspects of Banking Industry that banks can project themselves as a social and ethical
oriented organization by simply disbursing loans to those social, ethical and
environmental concern organizations.
Kumar & Gulati (2010) examines the significance of the ownership on the Indian
domestic banks effectiveness. Data Envelopment Analyis (DEA), which is a non-parametric,
deterministic and linear programming based technique, was used to compute public and private
sector banks efficiency score. The operational cross-sectional data of the public and private
sector banks during the financial years 2005-06 and 2006-07 was used and it was found that (1)
De nova private sector banks dominate the formation of efficient frontier of Indian domestic
banking industry; (2) Primarily, the whole technical inefficiency halts from managerial
incompetence instead of scale inefficiency; and (3) Though the public and private sector banks’
efficiency differences have been noted, in most of the cases these differences are statistically
irrelevant. By and large, it is concluded that industry ownership is ineffective in the Indian
domestic banking industry.
Reddy. (2007) the banks must try to increase productivity through development of
men, material and resources. In order to improve profitability it is advisable for every
bank, to diversify its operations and focus on innovative products such as, merchant
banking, leasing factoring, insurance credit cards, etc. Further, it is suggested that
public sector banks should reduce the percentage of their non-performing assets to
improve profitability. Assets liability management, risk management, manpower
planning, diversification, adoption of information technology are the key areas which
should be concentrate to improve productivity and profitability in public sectors.
RESEARCH METHODOLOGY:
The procedure adopted for conducting the research requires a lot of attention as it has directbearing on
accuracy, reliability and adequacy of result obtained. It is due to reason that researchmethodology,
which researcher used at the time of conducting the research, needs to be elaborate upon. Itmay be
understood as a science of studying how research is done scientifically. So, the researchmethodology
not only talks about the research methods but also consider the logic behind the method usedin the
context of the research study. Research methodology is a way to systematically study and solve
theresearch problems. If a researcher wants to claim his study as a good study, he must clearly state
themethodology adapted in conducting the research the research so that it may be judged by the reader
whetherthe methodology of work done is sound or not.
Secondary data are those, which have already been collected by some one else.