PROJECT REPORT

ON
NON BANKING FINANCIAL COMPANY w.r.t RURAL
ELECTRIFICATION CORPORATION LIMITED
M.COM I BANKING & FINANCE
2013-2014
SUBMITTED BY
SHINDE AJAY GOPAL
ROLL NO B/43

PROJECT GUIDE
PROF. RAHUL SHAH
SUBJECT: FINANCIAL BANK MANAGEMENT

Peoples Education Societys

DR. AMBEDKAR COLLEGE OFCOMMERCE AND ECONOMICS
WADALA, MUMBAI- 400 031.

ACKNOWLEDGEMENT

I hereby acknowledge all those who directly or indirectly helped me to draft the
project report. It would not have been possible for me to complete the task without
their help and guidance. It is my great privilege to thank Dr. Ambedkar College of
Commerce and Economics.
First of all I would like to thank the principal Dr. S.R Kamble and the coordinator
Prof. Sanjay H. Khaire who gave me the opportunity to do this project work. They
also conveyed the important instructions from the university from time to time.
Secondly, I am very much obliged of Prof. Rahul Shah for giving guidance for
completing the project.
I am thankful to all those persons who co-operated with me. They not only
rendered time out of their busy scheduled but also answered my queries without
hesitation.
I must mention my hearty gratitude towards my family, other faculties and friends
who supported me to go ahead with the project.

Place: MUMBAI

Date:

(Signature):

Peoples Education Societys

DR. AMBEDKAR COLLEGE OF COMMERCE AND ECONOMICS
WADALA, MUMBAI- 400 031.

CERTIFICATE
This is to certify that, Mr. Shinde Ajay Gopal of M.Com - I Banking
and Finance Semester I (2013-2014) has successfully completed project
on Non Banking Financial Company w.r.t Rural Elecrification
Corporation Limited under the guidance of Prof. Rahul Shah.

(Principal)

(Project Guide)

(Co-ordinator)

(External Examiner)

DECLARATION
I Mr. Ketan Kiran Prabhu the student of Dr. Ambedkar College of
Commerce & Economics, studying in M.Com I Banking & Insurance
(Semester I), hereby declare that I have completed the project report on
Non Banking Financial Company w.r.t Rural Elecrification
Corporation Limited in the academic year 2013 2014.
The information submitted is genuine and practical to the best of my
knowledge.

Place: ______________
Ketan Kiran Prabhu
( Roll No.B/49)
Date:_________________

Index
SR. NO

CONTENTS

PAGE
NO.

INTRODUCTION

1-3

HISTORY

4-6

BACKGROUND

7-10

PRODUCT AND SERVICES

11-12

LEASE FINANCING

13-16

MUTUAL FUNDS

17-21

TREASURY MANAGEMENT

22-31

LOAN SYNDICATION

32-34

REC v/s HB LEASING AND FINANCE COMPANY

35-37

10

CONCLUSION

38-39

11

RECOMMENDATIONS

40-41

12

BIBLIOGRAPHY

42-43

13

APPENDIX

44-49