This website uses cookies to ensure you have the best experience. Learn more

General Banking And Loan Disbursement On Rakub

9190 words - 37 pages

CHAPTER ONE INTRODUCTION OF INTERNSHIP

1.1.

Introduction:

We are the students of the University of Rajshahi, Department of Finance and Banking. According to the rules of Rajshahi University (in BBA) we were sent in some organizations to acquire some practical knowledge that is called internship. As a student of Finance and Banking we are to complete our internship program mainly on Financial organization; Banking sector are given preference here. This time for internship we were divided in some groups, eight students in a group were sent in Rajshahi Krishi Unnayan Bank, Greater Road Kajihata branch to complete our internship. We were given 90 days to complete our internship program ...view middle of the document...

1.3. Importance of Internship: An internship provides the student with a greater understanding of career demands and qualifications. It allows the students to understanding the connection between what is studied and how it is applied in the world of work. Practical work increases our real knowledge. At the end of our theoretical study, we are working for practical training. Thus it enhances the student knowledge. Internship program is the way of implementing the theoretical knowledge practically. However, the importance of internship is stated as follows:  Practice makes a man perfect-truthfulness of such can be achieved practical training.  Internship program helps to increase the quality and effectiveness of the trainer.
Department of Finance and Banking 2

 It mentally prepares for their professions.  It acts as guideline during the service period.  Perfect conception about business / accounting procedure in various industries and business concern may easily be earned.  To innovate new techniques of management.  To enact different policies for the over all development of the institutions.  To make the skill labor.  It facilitates thinking about problem of apply my theoretical knowledge in the field of action.  By internship program students can under and limitations, shortages and tractability of their knowledge and thereby can take necessary action for removing these limitation and shortages. Last of all we can say that, one should importance of an internship program.

1.4. Objectives of the study: The objective of internship is to earn practical experience about definite subject. It helps to achieve practical knowledge and experience. The main objective of internship training is to discover answer to

questions through the application of considerable procedures. Main objectives are given below:  To know the functions or service to customers.  To understand administrative structure of RAKUB.
Department of Finance and Banking 3

 To know in what types of project financing by RAKUB.  To understand loan sanctioning procedure along with general banking system of RAKUB.  To identified problems faced by both the bank and the clients in loan management.  To Put some suggestions on the basis of the findings of internship program to improve the existing situation.  To implement the knowledge of practical training in the post service life.

1.5. Scope of the Study: It has been mentioned earlier, the main focus of the study is “Performance of Loan Disbursement and Recovery” of Rajshahi Krishi Unnayan Bank (RAKUB),with special reference to Greater Road Kajihata Branch, Rajshahi . The report gives an overview of Rajshahi Krishi Unnayan Bank. There is an one elaborate chapter on RAKUB’s loan Recovery performance . This study will also present some problems and recommendation to solve those problems of Rajshahi Krishi Unnayan Bank.

1.6. Methods of Data Collection: Methodology is a systematic procedure, which is used to...

Other Papers Like General Banking And Loan Disbursement On Rakub

Asssignt Essay

1173 words - 5 pages Social Security number on Vane’s loan application was issued to a female, and the phone number belonged to a North Queensland auto dealer. Lucy Fraser, a customer service representative who consigned the cheques, said Guy was her supervisor and she thought nothing was wrong with the cheques, though she did not know any of the people. Marcia Price, head teller, told police she cashed cheques for Guy made out to four of the five persons. Asked

Customers Perception Regarding Credit Appraisal Policies Of Selected Bank

1961 words - 8 pages preparation | Assessment of proposal | Sanction/approval of proposal by appropriate sanctioning authority | Documentations, agreements, mortgages | Disbursement of loan | Post sanction activities such as receiving stock statements, review of accounts, renew of accounts, etc(On regular basis) NEED AND SIGNIFICANCE OF THIS STUDY Customer is the king of every organization, despite of the fact that it is product or service oriented

Development, Problem, Prospects And Progress Of Entrepreneurship Development In Narayanganj Sadar Upazilla: A Short Case Study

4916 words - 20 pages necessary steps to influences entrepreneurs by providing loan and land facilities from BESIC. Earlier, the BB Governor launched various CSR activities of different banks at BB’s Narayanganj Sadar Branch office premises, distributed 50 bicycles of Mutual Trust Bank Limited among poor and meritorious female students of different educational institutions. He launched Agents’ Banking of Social Islami Bank Limited and Bank Asia Limited, Online Application

Overall Banking System Of Ncc Bank Limited, Bangladesh

889 words - 4 pages first chapters basically discuss about the backgroundof the report, objectives and methodologies used in preparation of the reportand limitation faced at preparation. The main objective is to identify thevarious activities provided to customers by National Credit and Commercebank Ltd. and descriptive analysis about their operation. Next I have tried toconcentrate on Internship duties and banking function (general banking,loan and advances and

Blue Company Final

954 words - 4 pages paying for inventory that was not delivered. BLUE Company may run into some issue in their accounts payable department. BLUE Company only performs a three way match with invoices that exceed $50,000. BLUE Company should perform three way matches with all invoices, receiving reports, and original purchase order regardless of the amount on the invoice. BLUE Company shows potential risk in the cash disbursement department. An automated process

Report On Mercantile Bank Limited

4928 words - 20 pages 131) Department of Business Administration The University of Asia Pacific Subject: Application for submitting the report on Mercantile Bank Ltd. Dear Sir, I beg most respectfully to state that, for the fulfillment of the course requirement, I have prepared a Report on Mercantile Bank Ltd. I have written this report based on my exposure to General banking, Foreign exchange, Loan and Advance department of main branch, Mercantile Bank Ltd

Atlanta Home Loan

3536 words - 15 pages heavy traffic. Al established banking relationships that allowed AHL clients to borrow money at wholesale rates. The actual loan terms varied depending on the clients’ FICO scores.1 In summer 2003, banks might offer an AHL client with a very high FICO score (over 620) a rate of 6.25–6.75% on a fixed 30-year mortgage. This rate provided the bank with an operating margin of 1.5–2.0%. AHL earned a fee of 1.50% of the loan amount for every

Economics Individual Assignment

1520 words - 7 pages Overview The objective of the assignment is to identify the dominant economic market structure of Hongkong and Shanhai Banking Corporation Sri Lanka referred to as HSBC herein. The contents will highlight the key assumptions made on the market structures by the economists and channel it across the commercial banking industry via the key competing elements of HSBC. 1. Introduction Having celebrated 115 Years of service with pride

What Is The Disadvantage Of Count Trader

2120 words - 9 pages versus relationship banking The major financial services business models are Transactions Banking and Relationship Banking. Transactions banking has low management cost due to the high degree of standardization of its products. These products include checking accounts, credit card loans, and mortgage loans. The transactions involved in this type of banking are highly repetitive and do not need frequent decision making by humans. On the other hand

Country Attractiveness Report(Banking In China Vs. Vietman)

2993 words - 12 pages Country Attractiveness Report Alex V Sukhodolov Business in Asia Date: 04-19-2014 Executive summary Recent trends on borrowing and payment system for instance, in salary payment, debt payment, mortgage borrowing and payment as well as other loan services, more and more industries and institutions are dependent on banks more than ever before. This high dependability on banks is in fact making this banking industry

Internship Report

807 words - 4 pages | Bibliography 1. Bahar, M. H. (1989). An Evaluation of Banks in Bangladesh: An Exploratory Approach. Bank Parikrama (Vol. XIV, pp. 89-95). Dhaka: BIBM, Seminar Proceedings Special Issue. 2. Bangladesh Bank. (2012). Banking Regulation and Policy Department. BRPD Circular No.02. Dhaka. 3. Bangladesh Bureau of Statistics. (1992). Statistical Yearbook of Bangladesh. Dhaka: BBS, Ministry of Planning. 4. Chowdhury, L. R. (2006). A Text Book on

Related Essays

Role Of Ngo In Bd Essay

6827 words - 28 pages use similar on-site loan disbursement and weekly collection methods by forming village organizations or centers.  In this term paper, microcredit activities of BRAC are described for better understanding about NGO. BRAC is currently providing two types of microfinance activities in Mugdha and Maniknagor Branch. They are Dabi and Progoti. Dabi is especially for women and Progoti loan is especially for business purpose. A survey was conducted on

Dcsdvs Essay

3344 words - 14 pages CSR project Scope and objectives Project title Help farmers avail of appropriate (agriculture-related) banking services to improve the productivity of their farms * Understand the circumstances of the farmers * Educate them on the advantages of approaching banks (instead of money-lenders) * Identify banking schemes that could be helpful to the farmers in improving their returns from agriculture * Help them access the

Individual Business Memo Essay

741 words - 3 pages reported while revenues were fluctuating due to reversals of already accrued penalties as signing of back-date-effective addenda (annexes) was practiced. Understandably, borrowers complained on the speed of the whole credit process from application to actual disbursement of loan funds but foremost on drafting of loan documentation and implementation following approval of a given credit facility. The process-flow diagram shown in Schedule 1

Monetory Policy Essay

1030 words - 5 pages industrial raw materials, much slower growth of exports than that of imports and drastic reduction in the disbursement of external assistance do not bode well for GDP growth during the current fiscal year. Furthermore, the banks are suffering from serious liquidity crunch, deposit growth in the banking system has fallen (negative for demand deposit) and with the recent removal of interest rate caps, lending rates have increased substantially. These