1 s
INDUSTRY PROFILE
2
COMPANY PROFILE a) Background and inception of the company
b) Nature of the business carried
c) Vision mission and quality policy
d) Service profile
e) Area of operation – Regional
f) Shareholder pattern
g) Infrastructure facility
h) Work flow model
i) Future growth and prospect
3 MCKENSY’S 7S FRAME WORK WITH SPECIAL REFERENCE TO ORGANISATION UNDER STUDY
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SWOT ANALYSIS
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ANALYSIS OF FINANCIAL STATEMENT
6
LEARNING EXPERIENCE
Chapter – 1
INDUSTRY PROFILE: Money lending in India is an age old profession with a history of about200 years. In the late 18th century, Tippu Sulthan, was accredited to haveconceived the idea of organising banking as a part of state machinery for extending credit facilities to the needy at an affordable rates.
At the end of late-18th century, there were hardly any bank in India in the modern sense of the term. At the time of the American Civil War, a void was created as the supply of cotton to Lancashire stopped from the American’s. Some banks were opened at that time which functioned as entities to finance industry, including speculative trades in cotton. With large exposure to speculative ventures, most of the banks opened in India during that period could not survive and failed.
The depositors lost money and lost interest in keeping deposits with banks. Subsequently, banking in India remained the exclusive domain of Europeans for next several decades until the beginning of the 20th century. The first bank which was established in India was General Bank of India which came into existence in 1786 which was followed by the Bank of Hindustan. Both these banks are now defunct. The oldest bank in existence in India is the State Bank of India being established as "The Bank of Bengal" in Calcutta in June 1806. A couple of decades later, foreign banks like