SUMMER INTERNSHIP PROGRAM at KOTAK MAHINDRA BANK on

Presented By: SAVAN PATEL 11BSP1621

 Established on 21st November 1985 Started as Kotak Capital management Finance LTD. Industrialists Harish Mahindra and Anand Mahindra took a stake in 1986, and that's when the company changed its name to Kotak Mahindra Finance Limited. Chairman & MD : Uday Kotak. In February 2003, license for Banking services. Within 6 years, 82 cities, 5.9 million Customers, 217 branches, 126 locations, 866 ATMs all over world.

What is Trade?
Trade is the transfer of ownership of goods and services from one person or entity to another by getting something in exchange from the buyer. Trade finance is related to international trade. In its simplest form, an exporter requires an importer to prepay for goods shipped. The importer naturally wants to reduce risk by asking the exporter to document that the goods have been shipped.

What is forex?
The FOREX (Foreign market) market is the market in which different currencies are traded. It is the largest, most liquid financial market in the world with an average traded value that exceeds 3.18 trillion per day. Traders in foreign Exchange include large banks, central bank, institutional investors, currencyspeculators, corporations, government, other financial institutions, and retail liability.

TRADE PRODUCT RANGE

Export products
Handling of advance exports Exports bill collections Export financing Packing credit

TRADE PRODUCT RANGE

Import product
Letter of credit Handling of advance import bills Handling bank to bank collection documents Buyers credit

RISKS IN INTERNATIONAL TRANSACTIONS

POLITICAL STABILITY COUNTRY RISKS ECONOM IC ENVIRONM ENT

RISKS

FOREX RISKS

FOREIGN CURRENCY VIOLATION

INFORMATION RELIABILITY

COMMERCIAL RISKS
TRADE DISPUTE

MODES OF INTERNATIONAL TRADE

SCHEDULE
Prepare Questionnaire Analysis Of Database Data Collection Appointments Fixing Issues

RESULTS
Types of customers

Irate
7 12
irate

Satisfied

satisfied expecting

Expecting

15

ACHIEVEMENTS
Lead generation of new customer : Bodekdev branch was new so I was assign the task of lead generation of the trade customers and I was able to generate 8 leads. Analysis of the data given: I analyzed the datasheet of 400 firms by gaining an insight of their problems. Issues Fixed: Almost all the issues were fixed of which the data I had worked upon. New accounts: Out of the 42 customers visited, 7 opened a new account with KMBL.

CONCLUSION
Kotak Mahindra bank provides A wide range of import and export related services. Important role in international trade, providing expert advice and secure options. As the world progresses towards more flexible, growth oriented funding sources, the demand for these new methodologies has increased dramatically amongst exporters, importers and banks.