DECLARATION

I hereby declare that the project report entitled Recruitment & Selection at submitted for the Master of Business Administration is my original work and the Project Report has not formed the basis for the award of any degree, diploma, associated, or other similar title.

Date: - 5th June 2009 to 10th July Place: - New Delhi ANAMIKA SHARMA MBA 3rd Semester

ANNEXURE
Infosys hits all-time high as Sensex rebounds Nov 26, 2009 HDFC Bank Ltd., the nation's third-biggest lender, advanced 3. 5 per cent after the Hindu Business Line newspaper cited Pranab Mukherjee as saying he may continue with low interest rates until the global economy shows sufficient signs of recovery. (India Times) Avon Calling Emerging Market Investors at 13% Discount to Brazil's Natura Oct 30, 2009 6 for Mumbai-based HDFC Bank Ltd. Chinas is valued at a 21 percent premium to Paris-based , whose Asian sales are expanding more rapidly. The trades near the highest level compared with the since at least 1995 after the steepest rally in 10 years. (Bloomberg -- Latin America) Canadian World Fund Limited Reports June 30, 2009 Interim Results Jul 16, 2009 The top five holdings as at June 30, 2009, excluding cash and short-term securities, were: HDFC Bank Ltd., a premier Indian bank that provides a wide range of financial products and services across India; Apple Inc., an American multinational corporation that designs and manufactures consumer electronics and software products; Alliance Grain Traders Income Fund, a limited purpose open-ended trust which, through its subsidiaries buys, processes, and sells specialty crops for export markets;... (CCNMatthews Press Releases)

Bansal & Nimje in r0000395Bace for Maytas CEO May 29, 2009 Bansal & Nimje in race for Maytas CEO- Property / C'struction-Services-News By Industry-News-The Economic Times. Bansal & Nimje in race for Maytas CEO29 May 2009, 0708 hrs IST, Trushna Udgirkar, ET Bureau. (India Times) Banks to rejig loans for Maytas Infra May 10, 2009 HYDERABAD: Cash strapped Maytas Infra is set to get a life-line, with banks agreeing to restructure Rs 1,700 crore of the companys outstanding dues to them. Banks that have an exposure to the infrastructure firm will pare interest on the loans and also extend the repayment tenure in the proposed corporate debt restructuring plan, said Ved Jain, member on the Maytas board and former president of the Institute of Chartered Accountants of India. (India Times) Dow Jones Indexes Announces Dow Jones Country Titans and Dow Jones Select Dividend Indexes Regular Annual and Quarterly Review Results Mar 6, 2009 Companies joining the index: HDFC Bank Ltd. (India, Banks, 500180. BY), NTPC Ltd. (India, Utilities, 532555. (Primezone Releases)

HDFC BANKS ADVANCES SHRINK

CASE STUDY
Till now it was ICICI Bank Ltd that was shrinking to safety. In the December quarter, HDFC Bank Ltd seems to have followed suit. The banks total customer assets, which includes advances, corporate debentures and the like, amounted to Rs100, 682 crore as on 31 December, compared with Rs107, 820 crore as on 30 September. Thats a contraction of 6.6% over the quarter. Advances outstanding fell from Rs102,222.30 crore at the end of September to Rs98,784.17 crore at the end of December. But the banks gross nonperforming assets, or NPAs, still went up by Rs235 crore during the quarter to Rs1,911 crore. One reason for the spike in NPAs is the lower quality of advances of Centurion Bank of Punjab that merged with it. Also See Following Bankex (Graphic) The banks balance sheet size, however, increased during the quarter. On the asset side, it was primarily because of higher investments. The bank was able to make a neat profit on the fall in interest rates during the period, with profit on revaluation and sale of investments at Rs232.1 crore during the December quarter, compared with Rs131.5 crore in the year-ago period. Its deposits, too, rose substantially in the quarter (8.3%). HDFC Banks results for the December quarter are for the merged entity, while the results for the year-ago period are for HDFC Bank before the

merger, which makes them not comparable. A better option would be to contrast September quarter results, which also include Centurion Bank, with those for the December quarter. Seen from that perspective, HDFC Banks net profits are up 44.8% in the December quarter, compared with 43.3% in the September quarter. But net revenues (net interest income plus other income) rose at a far more sedate pace (37.9%) than in the September quarter (52.6%). So, how come growth in net profits was so much higher, on a year-on-year basis, in the December quarter? The main reason is that operating expenses rose at a much lower rate during the December quarter. Operating expenses were 50% of net revenues, compared with 55.3% of net revenues for the September quarter. Loan loss provisions amounted to Rs465.4 crore against Rs337.3 crore during the September quarter. Net interest margin has been higher at 4.3% in the December quarter, compared with 4.2% in the September quarter. This has happened in spite of a lower proportion of low-cost current and savings accounts. The bank management says that this was a consequence of the bank not chasing bulk deposits. They also say that the fall in the CASA (current account, savings account) proportion was on account of high growth in fixed deposits last quarter and this rate of growth is expected to come down in future.

What lies ahead? The bank management says the negative growth in advances during the quarter was a one-off, the result of the liquidity crunch. Next fiscal, the management expects total bank credit to grow by 17-20% and HDFC Banks loan growth has traditionally been about 5-6 percentage points higher than growth for the system. Margins are likely to revert to the 4-4.2% range. But bad debt is likely rise, not only for advances made by Centurion Bank but also in HDFC Banks own small and medium enterprise portfolio. The banks strategy of going slow on growth is the right one in the current environment. Returns from investments will help cushion the slowdown in advances, but much depends on the efficiencies that the bank is able to squeeze out of its operations and on the extent to which bad loans increase.

Great Lakes continued its journey towards being one of the best Business Schools in India with a successful campus recruitment season that concluded on 5th Feb 2007. In its third year, Great Lakes was able to achieve, what most B- Schools would only dream of. Not just 100% placements but each and every Great Laker was placed with the choicest of companies, desired profiles and most importantly, deserved compensations and benefits. With companies competing to recruit Great Lakers, the entire batch was placed within hours, with quite a few recruiters going back empty handed. This clearly demonstrates the faith the

corporate world has put in Great Lakes growing brand equity. Among the praises showered by most of the recruiters visiting Great Lakes, one comment seemed to be common from all of them, that Great Lakers performance was far above their expectations and hence they ended up making more offers than they anticipated making on Great Lakes campus. Companies like British Petroleum made in all 4 offers to Great Lakes students, which is almost half the number of offers they anticipate to make across all Indian B-School campuses this year. They were so impressed with a students performance here that they went ahead and created a profile in Strategic Planning for this Great Laker. Infosys, one of the star recruiters, offered a profile, which has never been given in any Business School campus in India so far. Computer Science Corporation visiting Great Lakes for the first time was highly impressed with the quality of students and ended up giving more than a dozen offers. Placements 2007 at Great Lakes is just another feather in its cap, and yet another step forward in its journey towards being the Best of B-Schools.

LIMITATIONS
I understand and accept that HDFC Bank maintains the web-site http://www.hdfcbank.com (going ahead referred to as "the Site" or "the bank website") to provide visitors with information about HDFC Bank, its services and products and to facilitate communication with HDFC Bank and availing its services. I also accept that visitors to the Site are required to read the below terms, and use of the Site constitutes my acceptance and agreement to be bound by such terms, and the changes therein to the Website Usage Terms from time to time, relating to my usage of the website as communicated and made available on the Bank's website. I am aware and accept that all information, content, materials, products (including, but not limited to text, content, photographs, graphics, video and audio content) on the website is protected by copyright in the favour of HDFC Bank under applicable copyright laws and is also protected otherwise under general intellectual property law. I understand and accept that all information submitted by me through the HDFC Bank website shall be deemed the property of HDFC Bank, and the Bank shall be free to use any ideas, concepts, know-how or techniques provided by me at the Site, in any manner whatsoever. On initiating a contact through the Bank website I agree to being contacted by the bank or any other entities with whom the bank has entered into an arrangement. I agree that I shall not copy, reproduce, sell, redistribute, publish, enter into a database, display, perform, modify, transmit, license, create derivatives from, transfer or in any way exploit any part of any information, content, materials, services available from or through the bank website, except that which I may download for my own personal, non-commercial use.

PROBLEMS OF THE HDFC BANK

1. TECHNICAL ISSUES HIT SELECTED SERVICES OF INDIAN BANK HDFC. AsiaPulse News; Sep 3, 2008; 623 Words ...Customers of India's HDFC Bank (BSE:500180) throughout...attributed to some 'technical problems' in its system network...care executive said the problem began at 8:00 a.m...The technical team of HDFC is on the job to sort...possible, he said. "HDFC Bank on Wednesday ...

2. India: Airtel rides piggyback on HDFC. TendersInfo; Jun 14, 2008; 649 Words ...customers to use HDFC website to...services of the banks were not as...online through HDFC website although...done about the problem he simply asked...Customers problems can wait...through her bank s website...to use her bank s website to...the technical problem. ...

3. Technical snag hits HDFC Bank, retail banking collapses. PTI - The Press Trust of India Ltd.; Sep 2, 2008; 700 Words Technical snag hits HDFC Bank, retail banking collapses...private sector lender HDFC Bank today collapsed due to 'technical problems' in its server and customers...care executive said the problem started at 8 A M in the...solving the problem. "HDFC Bank today ...

4. Technical snag hits normal retail banking in HDFC Bank. PTI - The Press Trust of India Ltd.; Sep 2, 2008; 680 Words ...normal retail banking in HDFC Bank New Delhi, Sept 2 (PTI) HDFC Bank customers

throughout...to some 'technical problems' in system network...executive said the problem started at 8 AM in...possible, he said. "HDFC Bank today experienced...