SUMMER TRAINING REPORT ON FINANCIAL ANALYSIS OF INDIAN BANK

Presented to Mr. Pankaj Goel Presented By Supreet Kaur BBA - 5th Sem. Roll No. 1106042

ACKNOWLEDGEMENT

If words are considered to be signs of gratitude then let these words convey the very same, my sincere gratitude to Indian Bank for providing me an opportunity to work with Indian Bank and giving necessary directions on doing this project to the best of my abilities. I also thank Mr. Pankaj Goel, who has supported me with the valuable insights into the completion of this project. Supreet Kaur

STATEMENT OF THE PROBLEM:

Financial analysis is an important aspect of financial management for any company. Financial analysis gives the first hand information about the financial aspects. Financial performance, growth of the company as well as the liquidity position and profitability of the Indian Bank. But whether the financial analysis is viable or feasible ascertain has been done.

INDIAN BANK Established in 1907 It has 22,000 employees, 1,657 branches and is one of the big public sector banks of India. Overseas branches in Colombo, Srilanka, Singapore, and 229 correspondent banks in 69 countries. The government of India nationalized the bank, along with 13 other major commercial banks, on 19 July 1969.

MAIN CITY BRANCHES OF INDIAN BANK

AGRA BANGALORE CHENNAI GOA HYDERABAD KERALA KOLKATA LUDHIANA MUMBAI NEW DELHI PUNE

SERVICES GIVEN BY THE INDIAN BANK

Indian Net banking Indian Mobile banking Indian Phone banking E-Payment of indirect taxes MCA Payment Indian Jet Remit (RTGS) NEFT CMS Plus Multicity Cheque Facility Indian Bank Swarna Mudra Credit Cards ATM/Debit Cards DP Services Indian Bank Jeevan Kalyan

OBJECTIVES OF STUDY
To study the financial aspect of the company. To know the different financial schemes of Indian Bank Ltd. To analyze the financial performance of the bank for the last four year. To analyze what are the future strategies or measures that are takes by the bank to improve its services. To analyze what are the future strategies or measures that are taken by the bank to improve its financial performance.

SCOPE OF THE STUDY

The study of financial analysis and interpretation of Indian bank in Ludhiana the soundness and the overall financial performance of the company over past 4 years. The scope of the study also extends to understand whether rates analysis is an efficient in power sectors as it is an analytical tool measuring growth trend.

LIMITATIONS
The study is limited to Indian Bank, in Ludhiana only. The study does not reveal details regarding low funds were raised and utilized. The study is limited to calculating financial position and interpretation. The study is not confirmed to only past 4 years financial data of the bank. The study concentrated only a financial position of Indian bank of past 4 years.

DATA ANALYSIS AND INTERPRETATION

Analysis is the process by which, the whole body of gathered data, facts, figures and ideas, is converted into meaningful and usable information. The data is placed in its appropriate settings and consistent relationships, drawing general inferences.

CASH AND BALANCES

10 9 8 9.12

7.38 6.64 4.83 percentage

7 6 5
4 3

2
1 0

2008-09

2009-10

2010-11

2011-12

Years

Interpretation: The above table shows that there is an increase in the Cash and Balance with Reserve Bank of India. During the year 2010-11 (9.12%) when compare to 2008-09 (4.83%), 2009-10 (6.64%)

BALANCE WITH BANKS AND MONEY AT CALL AND SHORT NOTICE

0.48 0.56

1.93

2008-09

2009-10
2010-11

5.25

2011-12

Interpretation The above table shows that there is an slight increases in the balance with banks and money at call and short notice during the year 2008-09 (5.25%) when compare to 2009-10(1.93%), 2010-11 (0.48%) and 2011-12 (0.56%)

INVESTMENTS
40 35
30

25 20 15 10 5 0 percentage 2008-09 39.92 2009-10 37.18 2010-11 31.08 2011-12 27.1

The above table shows that there is a slight increase in the total investment during the year 2008-09 (39.92%) after 2009-10 (37.18%). There is a slight decrease on investment. When compare to 2010-11 (31.08%) and 2011-12 (27.10%) respectively.

ADVANCES
80
60

47.2

51.75

56.5

61.17

40 20
0

percentage

2008-09

2009-10

2010-11

2011-12

Years

The above table showing that there is an increases advances of year by year and during the year 2011-12 (61.17%) when compare to 2008-09 (47.20%), 2009-10 (51.75%) and 201011 (56.50%) respectively.

FIXED ASSETS
2 1.8 1.6 1.4 1.2 1 0.8 0.6 0.4 0.2 0 2008-09 2009-10 2010-11 2011-12

percentage

Years

The above table shows that there is a slight increase in fixed assets during the year 2011-12 (1.89%) and 2008-09 (1.08%) when compare to 2009-10 (0.98%) and 2010-11 (0.76%) respectively.

PREFERENCE SHARE CAPITAL

percentage

0.71

0.56

0.47

0 2008-09 2009-10 2010-11 2011-12

Years

The above table shows that there is a slight increase in the preference share capital during the year 2009-10 (0.71%), 2010-11 (0.56%) and 2011-12 (0.47%) when compare to 2008-09 are the nil on preference share capital.

FINDINGS

Cash and Balance with Reserves Bank of India are 4.83% and 6.64% of total assets of the Bank. Balance with banks and money at call and short notice are 5.25% and 1.93% of total assets of the Bank. Investments are 39.92% and 37.18% of total assets of the Bank. Advances are 47.20% and 51.75% of total assets of the Bank. Fixed assets are 1.08% and 0.98% of total assets of the Bank. Other assets are 1.69% and 1.50% of total assets of the Bank.

SUGGESTIONS

Loans and advances are in better position they are than increasing year to year. It is advisable for the bank has maximizing the loans and advances for the future period. Capital is decreasing year by year. So bank financial performance is not so good. Hence bank has no prefect future. Reserves and surplus are decreasing year to year. So bank financial performance is so good. The bank has to introduce more and more schemes for all sections particularly for low income groups. In order to achieve substantial growth of the economy it has to encourage investments.

CONCLUSION

Indian Bank is one of the well-established financial institutions accepted by the community. This is the number one service bank in India. This bank Provides better customer service than other banks. The top management account for only 1% of work force and remaining staff in bank belong to award staff and supervisory staff category, right form counter cleric to Manager, everybody should share the collective responsibility of providing best customer service.