A Project Study Report On

Training Undertaken at

Titled
PROGRESS REPORT ON DBT AND FINANCIAL INCLUSION IN ALWAR

Submitted By: Guljar Singh MBA 3rd Sem.

Submitted To:Mr. Bhuwan Gupta (Faculty of Mgmt.)

SESSION 2012-2014

ALWAR INSTITUTE OF ENGINEERING & TECHNOLOGY, ALWAR (RAJ.)

CERTIFICATE

ii

PREFACE
The field of finance refers to the concepts of time, money and risk and how they are interrelated. Finance is one of the most important aspects of business management. Without proper financial planning a new enterprise is unlikely to be successful. Managing money (a liquid asset) is essential to ensure a secure future, both for the individual and an organization. It generally involves balancing risk and profitability, while attempting to maximize an entity's wealth and the value of its stock. The summer training report is basically dedicated to the practical knowledge of the training. The main concern is to expose the industry, which I have chosen for the purpose. Each and every angle is focused here. The details are being discussed in this summer training report. The main objective is to understand & focus on the functions, role and various prospects of industry, look into its depth problems, problems in order to find out the ideal solution and then finally make practical applications of those solutions in order to judge the feasibility of the solution. Since my topic of Summer Training report is PROGRESS REPORT ON DBT AND FINANCIAL INCLUSION IN ALWAR therefore my major emphasis will be on the financial aspects of the company. It includes sales, production, cost, profit, liquidity and solvency analysis of this company. To study its Corporate Social Responsibility and its concern towards environment and safety also formed a part of my research area.

iii

ACKNOWLEDGEMENT

If words are considered to be signs of gratitude then let these words Convey the very same. My sincere gratitude to Mr. TARUN GAUTAM, Assistant Branch manager, HDFC BANK, Alwar and giving necessary directions on doing this project to the best of my abilities. I am highly indebted to Rahul Sharma., Branch Manager, who provided me with the necessary information and also for the support extended out to me in the completion of this report and his valuable suggestion and comments on bringing out this report in the best way possible.

GULJAR SINGH

iv

DECLARATION
I am GULJAR SINGH, a student of ALWAR INSTITUTE OF ENGINEERING & TECHNOLOGY MBA, (3th Semester) hereby declare that the Project entitled PROGRESS REPORT ON DBT AND FINANCIAL INCLUSION IN ALWAR is an original work and the same has not been submitted by another student of my class.

GULJAR SINGH

EXECUTIVE SUMMARY
Financial services actively contribute to the humane & economic development of the society. These lead to social safety net & protect the people from economic shocks. Hence, each & every individual should be provided with affordable institutional financial products/services popularly called Financial Inclusion .Despite witnessing substantial progress in financial sector reforms in India, it is disheartening to note that nearly half of the rural households even today do not have any access to any source of funds- institutional or otherwise. Hardly one-fourth of the rural households are assisted by banks. Hence the major task before banks is to bring most of those excluded, i.e. 75% of the rural households, under banking fold. There is a need for the formal financial system to look at increasing financial literacy and financial counseling to focus on financial inclusion and distress amongst farmers. Indian banks and financial market players should actively look at promoting such programs as a part of their corporate social responsibility. Banks should conduct full day programs for their clientele including farmers for counseling small borrowers for making aware on the implications of the loan, how interest is calculated, and so on, so that they are totally aware of its features. There is a clearly a lot requires to be done in this area. This enables the customer to remit funds at low cost. The government can utilize such bank accounts for social security services like health and calamity insurance under various schemes for disadvantaged. From the banks point of view, having such social security cover makes the financing of such persons less risky. Reduced risk means more flow of funds at better rates. Access to appropriate financial services can significantly improve the day-to-day management of finances. For example, bills for daily utilities (municipality, water, electricity, telephone) can be more easily paid by using cheques or through internet banking, rather than standing in the queue in the offices of the service.

vi

TABLE OF CONTENTS
Cover Page Certificate from the Company/Organization Preface/Prelude Acknowledgement Declaration Executive Summary Contents 1. Introduction to the Industry 2. Introduction to the organization 3. Research Methodology 3.1 Title of the Study 3.2 Duration of the Project 3.3 Objective of Study 3.4 Type of Research 3.5 Sample Size and Method of Selecting Sample 3.6 Scope of Study 3.7 Limitation of Study 4. Facts and Findings 5. Analysis and Interpretation 6. SWOT Analysis 7. Conclusion 8. Recommendation and Suggestions 9. Appendix 10. Bibliography
vii

I II III IV V VI

1-11 12-43 44-49

50-52 53-60 61-63 64-66 67-68 69-70 71

viii