PREFACE

Theoretical knowledge without practical knowledge is of little value.MASTER IN BUSINESS ADMINISTRATION is a unique course giving students anopportunity to combine practical knowledge with theory and provide anopportunity to learn about the complexities and difficulties affecting anyoffice routine .Current project are an assignment for completion of MBAprogram. The objective of industries training in this course is to a perspective aboutthe organization and functioning of all the areas of management, in anorganization. Towards the accomplishment of this objective our training in aorganization for at least 8 weeks to get an extensive training in variousfunctional areas and to have a first experience in modern management. Wehave a privilege to undergo our training in J&K Bank. We spent eight weeksand got extensive exposure of training of advance and recovery section of the bank.

Company Profile History of J&K Bank

Function & distributorof J&K Bank Industry Profile Various products of J&K Bank

Schemes of J&K Bank Executive summary

ACKNOWLEDGEMENT

OBJECTIVES OF THE STUDY

HISTORY OF J&K BANK

The Jammu and Kashmir Bank Ltd. Incorporated on 1st October 1938 andstarted its business on 4th July 1939 at Kashmir .The Jammu and KashmirBank Ltd. Has been the first of its nature and composition as a state ownedbank in the country . The bank was established as a semi state bank withparticipation in capital by State and the public under the control of StateGovernment. The bank has to face serious problems at the time of independence when outof its total of ten branches two branches of Muzzaffarabad and Mirpur fell tothe other side of the line of the control (now Pak occupied Kashmir) alongwith cash and other assets. Following the extension of central laws to the State of Jammu and Kashmir , the bank bank was defined as a GovernmentCompany as per the provision of Indian Companies Act, 1956. Today. Jammu ad Kashmir Bank is one of the fastest growing banks in Indiawith a network of more than 590 branches/offices spread across the countryoffering world class banking products services to its customers. The bankrecently bagged three very prestigious awards for following fair businesspractices and commitment to social obligations.

Functions of J&K Bank :

The companys principal activities are to provide banking and financialservices through a network of 590 branches spread all over the country. Theservices include commercial and consumer banking cash management ,deposits., loans , investments, internet banking and other financial services. 1.3- Distributor of J&K Bank Life Insurance products of Met Life (India) Pvt. Ltd.Non-Life Insurance Products of Bajaj Allianz General Insurance CorporationLtd. CHAPTER-2 Industry profile 2.1 -Products of J&K Bank To achieve the broad based objectives, the following new initiatives havebeen under: 1. Innovative Financial Products like Apple Finance, SaffronFinance, Sheep Rearing Finance, Artisans Loan Schemes, and SchoolBus Finance etc. 2. Monetizing Bank: Branch Network by offering cash managementcorridors to schools / colleges. Revenue/bill collection for variousagencies / departments. 3. Third Party Product Distribution: Mutual Find Schemes of reliance, UTI and Kodak, Life insurance Products of Met Life India, Non-Life Insurance Products of Bajaj Allianz etc. 4. Venture Capital Financing: For innovative viable venturesconceived by entrepreneurs and for projects with high yield prospectsparticularly for creation of infrastructure for development of Agriculture/ Horticulture in the state.

5. Channel Financing:

For factoring receivables off suppliers, Tradersof arts and crafts, commission and forwarding agents of fruits etc. The bank has one unique source of strength which, if cultivated carefully,can be virtually impregnable its roots are in the state, and as such itshares with the people of J & K a kinship, and empathy for the cause of the states progress, which no outside bank ever can. The thereforestrongly advocates that the bank focus its efforts primarily on the stateof Jammu and Kashmir, and become a provider of universal solutions toall the people in the state.The bank intends to tap the potential in the under financedproductive segments of the state economy , Horticulture has apotential to absorb Rs. 12-15 economy of the state has the potentialfor Rs.4-6 billion against the current exposure of Rs. 0.6 billion . Theformulated strategy is bound to affect a turnaround in these sectorsfrom sub optical cycle of low productivity to optical productivity andcycle savings.

V AR IO U S

S C H E M E S

O F

J & K

B A N K

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INTRODUCTION OF AGRICULTURE LOAN