A SYNOPSIS ON TO STUDY THE CURRENT AND SAVING ACCOUNT WITH SPECIAL REFERENCE TO INDUSLND BANK, NAGPUR.

SUBMITTED TO

In the Partial Fulfillment of the Requirement for the Award of the Degree of Master of Business Administration SUBMITTED BY UIDED BY ) Title of Project To study the Current and Saving Account with special reference to Induslnd Bank, Nagpur.

Introduction:IndusInd Bank derives its name and inspiration from the Indus Valley civilization - a culture described by National Geographic as 'one of the greatest of the ancient world' combining a spirit of innovation with sound business and trade practices. Mr. Srichand P. Hinduja, a leading Non-Resident Indian businessman and head of the Hinduja Group, conceived the vision of IndusInd Bank - the first of the new-generation private banks in India - and through collective contributions from the NRI community

towards India's economic and social development, brought our Bank into being.

The Bank, formally inaugurated in April 1994 by Dr. Manmohan Singh, Honourable Prime Minister of India who was then the countrys Finance Minister, started with a capital base of Rs.1,000 million (USD 32 million at the prevailing exchange rate), of which Rs.600 million was raised through private placement from Indian Residents while the balance Rs.400 million (USD 13 million) was contributed by Non-Resident Indians.

A NEW ERA About IndusInd Bank IndusInd Bank Ltd. is one of the new-generation private-sector banks in India which commenced its operations in 1994. The Bank enjoys a patronage of 2 million customers and has a network of 180 branches, 402 ATMs spread across 147 geographical locations in 28 states and union territories as on September 30, 2009. The Bank also has a Representative Office each in Dubai and London. The Bank's total business (deposits plus advances) as on September 30, 2009 crossed Rs. 40,000 crores. It has multi-lateral tie-ups with other banks providing access to more than 21000 ATMs for its customers. It enjoys clearing and settlement bank status with leading capital, commodity and currency exchanges within India e.g. - BSE / NSE and commodity exchanges like- MCX, NCDEX, and NMCE.

While continuing its drive for efficiency and profitability, IndusInd Bank is a keen participant in the Corporate Social Responsibility space. It is actively engaged in

helping mentally-challenged and underprivileged children and on other hand, helps in sensitizing /upholding environmental and ecologically appropriate behavior. The Bank actively supports Green Practices within the Bank and under its campaign Hum aur Hariyali, it has successfully launched a slew of green initiatives. It is also an active supporter of the arts especially in the field of music and dance.

CRISIL has assigned Highest P1+ rating to IndusInd Banks Fixed Deposits and Certificates of Deposit. Recently, CRISIL has reaffirmed its P1+ rating of IndusInd Banks Fixed Deposits and Certificates of Deposit programme. ICRA has also assigned the highest A1+ rating to IndusInd Banks Certificates of Deposit.

Objectives:-

Hypothesis:1. It is assumed that cash management of standard chartered bank is not satisfactory. 2. It is assumed that there is no significant relationship between liquidity and profitability.(Null Hypothesis). 3. It is assumed that there is a significant relationship between liquidity and profitability.(Alternative Hypothesis).

Research Methodology:-

Research comprises of defining & redefining problems, formulating hypothesis or suggested solutions, collecting, organizing & evaluating data, making deductions & reaching conclusions. In research design we decide about: Type of data From whom to get data About sample size How to analyze data How to make report

a) Primary Data:

An interview of Advance officer & Branch Manager of Nagpur Branch. An Analysis of Advance Department and Bank.

b) Secondary Data: Text books, The banks in-house publications, Periodicals, Balance-sheets, Bank Quest published by Indian Institute of Banking & Finance, Banks web sites, Magazines, Newspapers etc. will be taken into consideration.

Scope:-

1. The scope of cash management inevitably widens to embrace Payables and Receivables management.

2. Deciding on efficient account structures.

3. Running effective pooling of the balances on those accounts, whichever type of pooling is meant.

Limitations:-

1. This study is limited to Standard Chartered Bank, Nagpur only.

2. The major limitation relating to the study is to collect the primary information on cash management.

Data analysis & Interpretation:-

The data will be analyzed and interpret with the help of, 1. Various methods and formulas. 2. Tables and charts. 3. Bar diagram. 4. Pie charts. 5. Graphs. etc.

Expected Conclusion:-

1. It is expected that cash management has bank inception. But , the rules and regulations of banks are making the functionality of bank little more difficult.

2. It is expected that proper cash management will reduce all the pressure and bank can work successfully.

Bibliography:-

Standard Chartered Bank Annual reports Other circulars Reserve Bank of India Annual reports NPA circulars

Internet:
www.rbi.org.in www.scb.co.in

BOOKS AND ARTICLES:1. Bank Management : Timothy W. Koch. 2. Banking Theory and Practices : K.C. Shekhar.

3. SBM : Policy Guidelines. 4. Business World Magazines. 5. News Paper Articles.

Chapterisation Scheme
1. Index 2. Abstract 3. Introduction
4. Objectives

5. Hypothesis 6. Research Methodology 7. Data Collection & Interpretation 8. Conclusion 9. Scope of Future Study & Limitations 10. Chart & tables 11. Bibliography