INDUSTRIAL TRAINING PROJECT REPORT

ON CREDITS (PRODUCTS AND SERVICES OF RELIGARE FINVEST)

(Submitted in the partial fulfillment of the requirements for the Award of Bachelor of Business Administration)
Submitted by

Name: AVISHEK PAUL

Roll No: 976012 BBA Batch (2009-2012)

avishekpaul57@gmail.com

Under the guidance of

Prof. B.C.M Patnaik

KSOM, KIIT University

Mr.Sarbjit Singh
Religare Finvest Ltd

SCHOOL OF MANAGEMENT, KIIT UNIVERSITY BHUBANESWAR 751024

Certificate of Corporate Guide

In company letter head by the department head/corporate guide

Certificate of Faculty Guide

Certified that the work incorporated in this Project Report ON CREDIT.. SME AND LAP PRODUCTS submitted by Mr. AVISHEK PAUL is his original work and completed under my supervision.

Material obtained from other sources has been duly acknowledged in the Project Report.

Date:

Signature of Guide:

Place:

Declaration

This is to declare that I have carried out this project work myself in part fulfillment of the BBA Programme at School of Management, KIIT University.

The work is original, has not been copied from anywhere else and has not been submitted to any other University/Institute for an award of any degree/diploma.

Date: Place:

Signature: Name:

CONTENT

1) ACKNOWLEDGEMENT

2) INTRODUCTION

3) COMPANY PROFILE

4) INDUSTRY PROFILE/ PRODUCTS AND SERVICES

5) STRUCTURE OF COMPANY

6) BRAND IDENTIFY

7) STOCK UNDER NIFTY

8) STOCK UNDER BSE

9) RESEARCH METHODOLOGY

10) MARKET SHARE - STOCK MARKET PRICE & GRAPHS

11) APPENDIX

12) QUESTIONNAIRE

13) CONCLUSION

14) BIBLIOGRAPHY

ACKNOWLEDGEMENT

At the very outset. I wish to express my heartiest gratitude to all those who extended their help it was absolutely impossible for a single individual to complete the assigned job without help and assistance from others.

It is my greatest pleasure to acknowledge sincere gratitude towards Mr. Sarabjit Singh, Mr.Ranadeep Sarma and Mr.Amitava Banerjee Religare Finvest Pvt Ltd., Kolkata, for their valuable and enlightened guidance as well as freedom they had offered to me during the completion of the project work.

I am also thankful to the entire employee who provided us with the best practical information and the necessary information when needed.

I would also like to acknowledge my sincere gratitude to our Coordinator Prof. P.R Sahoo and my project guide Prof. B.C.M PATNAIK for helping me in this project work.

I am thankful to all of my friends and batch mates for their help in completing this project work. Finally, I am thankful to my entire family members for their great support and encouragement.

INTRODUCTION

Religare is a Latin word that translates as 'to bind together'. This name has been chosen to reflect the integrated nature of the financial services the company offers.

Religare is an emerging markets financial services group with a presence across Asia, Africa, Middle East, Europe, and the Americas. In India, Religares largest market, the group offers a wide array of products and services including broking, insurance, asset management, lending solutions, investment banking and wealth management. With 10,000-plus employees across multiple geographies, Religare serves over a million clients, including corporate and institutions, high net worth families and individuals, and retail investors.

COMPANY LOGO:-

VISION

"To be the leading emerging markets financial services group driven by innovation, delivering superior value for all stakeholders globally".

PROFILE OF COMPANY

Religare Enterprises Limited (REL):

Religare, a Ranbaxy promoter group company, is one of the leading integrated financial services institutions of India. The company offers a large and diverse bouquet of services ranging from equities,commodities, insurance broking, to wealth advisory, portfolio management services, personal finance services, Investment banking and institutional broking services. The services are broadly clubbed across three key business verticals- Retail, Wealth management and the Institutional spectrum. Religare Enterprises Limited is the holding company for all its businesses, structured and being operated through various subsidiaries.

Religares retail network spreads across the length and breadth of the country with its presence through more than 1,217 locations across more than 392 cities and towns. Having spread itself fairly well across the country and with the promise of not resting on its laurels, it has also aggressively started eyeing global geographies.

Religare Enterprises Limited (REL) is one of the leading integrated financial services groups of India. RELs businesses are broadly clubbed across three key verticals, the Retail Institutional and Wealth spectrums, catering to a diverse and wide base of clients. The vision is to build Religare as a globally trusted brand in the financial services domain and present it as the Investment Gateway of India .

INDUSTRY PROFILE

Religare Finvest Limited (RFL), a 100% subsidiary of Religare Enterprises Limited (REL) is registered with the Reserve Bank of India (RBI) as a Non-Banking Finance Company (NBFC) and is the lending arm of REL. RFL has adopted a strategy of lending on commercially earning assets through its three lines of business i.e. Working Capital Loans, Loans against Property (LAP) and Loans on Commercial Assets (CA). It has recently added Leasing and Third party products which help augment the bouquet of products and strengthen the income-lines. The corporate advisory group of RFL also provides corporate, banking, and financial institutional sector solutions to SMEs looking to expand their business.

Major developments in equity brokerage industry in India

PRODUCTS AND SERVICES

LAP Make your property unlock your dreams. Religare Finvest Limited offers you Loan Against Property (LAP), a product that gives you the best and the most hassle-free way to encash the hidden value of your residential or commercial property. We offer the following products: a) LAP - COMMERCIAL b) LAP - RESIDENTIAL c) LAP INDUSTRIAL COMPONENTS

Who can apply

Individuals or companies who own a residential, commercial or an industrial property and have stable source of income. Loan Against Property helps you meet all your business and personal needs, like: y y y y Expansion of business Consolidation of existing debts Purchase of another property Purchase of plant & machinery

WHY RELIGARE FINVEST.

y y

Attractive interest rates and tailor-made solutions to meet your requirements Loan tenure extending upto 10 years

y y y

Legal and technical assistance and door step service Easy documentation and faster processing No charges on part pre-payment of 25% of principal outstanding*
* Applicable after 12 months from the date of disbursement * Religare Floating Reference Rate is 18.75% effective 1st June 2011

COMMERCIAL VEHICLE LOANS

We at Religare Finvest Limited understand you and your business requirements. Whether you are a first time buyer, a retail operator, a strategic operator or a captive user requiring a vehicle/construction equipment for your business, we will be a partner to your growth. We offer Commercial Vehicle Finance for the entire range of commercial vehicles that include Light, Medium & Heavy Commercial Vehicles, Buses (inclusive of passenger and school buses), Multi Utility Vehicles & Three Wheelers. With customized loan solutions for buying new vehicles, availing loans on existing vehicles, or loans for purchase of second-hand vehicles, we work towards meeting your financial needs to help you grow. Product Features
y y y y y Loans for the entire range of new and used commercial vehicles Loans are extended for chassis and body fabrication We also provide top ups and balance transfer Loans from 1 lac and above Tenure upto 48 months

Religare Finvest Advantage

y Simplified documentation process

y y y y y

Attractive interest rates Flexible repayment schemes Exceptional personalized service Quick turnaround time and speedy disbursal of loans Presence in multiple locations ensures quick and easy access of funds

Useful for
y y y y y y Self Employed Traders Manufacturers Professional Proprietorships Partnerships Private Limited Firms Public Limited Firms

Documents Needed
y y y Application form with coloured photograph Age Proof, Signature Proof, Identity Proof, Address Proof Income Proof : a) 2 years audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank Statement of latest 6 months y Repayment Tracks on other loans : 9 months track record

CONSTRUCTION EQUIPMENT FINANCE

Equipment financing is a powerful financial tool to help your business grow and thrive. With the huge investment in urban and rural infrastructure in building IT parks, shopping malls, highway networks, residential areas, roads, power, ports and irrigation etc., the financing need of the business have increased. To meet the needs of industry and market, Religare Finvest Limited extend loans for purchase of new and used Construction Equipments like Excavators, Backhoe, Wheel Loaders, Tippers, Forklifts, Compactors, Pavers, and all the earth moving, material handling equipments, etc.

Product Features
y y y y y y Loans available for entire range of new and used construction equipments We provide top ups and balance transfer Get finance up to 100% of the cost of the equipment Our product caters to all segments: First time buyers to strategic customers Loans from 5 lakh and above Loan tenure up to 48 months

Product Benefits
y y y y y y Flexible financing solutions to meet individual requirements Quick and easy processing Simplified documentation process Exceptional service Flexible repayment scheme Competitive rate of interest

Suitable for
y y y y y y First time buyers Small and large transport operators Proprietorships Partnerships Private Limited Firms Public Limited Firms

Documents Needed
y y y Application form with coloured photograph Age Proof, Signature Proof, Identity Proof, Address Proof Income Proof : a) 2 years audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank Statement of latest 6 months y Repayment Tracks on other loans : 9 months track record

WORKING CAPITAL LOANS

Nurturing your dreams for an ever-growing business. At Religare Finvest Limited, we understand the needs of new plant & machinery, inventory purchase, working capital & business expansion for your thriving business. We fund the entire SME spectrum covering Manufacturers, Wholesalers, Retailers, Exporters/ Importers and Self Employed Professionals. With specialized products, simplified processes and documentation, doorstep service delivery etc., we keep our customers at the centre of our universe because we believe that in your success lies ours. Loan Features
y y y y y Secured and unsecured loans Loans for business expansion, working capital loans Loan against / for Plant & Machinery Loans for 10 lakh and above Tenure from 12 to 48 months

Benefits
y y y y y y Dedicated Relationship Managers Quick and Easy Processing Doorstep Service Simplified Documentation Attractive Rates Flexible Repayments

Suitable for
y y y y y y Self Employed Professionals Traders and Manufacturers Proprietorship Partnership Private Limited Firms Public Limited Firms

Machine Categories
y y y y y y y y y y Injection Moulding Machines Blow Moulding Machines Diesel Generators Boilers Lathe Machines Printing Machines Medical Equipment (MRI / CT Scanners) Hammers and Forging Equipment Spinning and Rolling Machines Loan Against / For Paintings

Documents Needed
y y y Application form with coloured photograph KYC (for company and promoters): Proof of Age, Signature, Identity and Address Income Proof : a) 2 years audited financial Report b) Balance Sheet, P&L Accounts, ITRs c) Bank Statement of last 6 months y Repayment Tracks on other loans : 9 months track record

CAPITAL MARKET LOANS

Long term investment being sold for liquidity needs? Religare has a better solution for you. The capacity of your investment to capitalize your wealth: LAS

LOAN AGAINST SECURITIES from RFL allows you to envisage the power of your financial assets and earn all investment benefits. This gives you the option for immediate liquidity without selling the financial assets and further multiplying your investments. The product can be availed by depositing the shares as collaterals with the financer, thus, leveraging your investments.

Available through Religare's wide retail network in more than 1837 locations across 498 towns and cities, this comes with unlimited benefits like: y y y Interest charged only on the utilized amount Low Processing charge & Rate of Interest Exhaustive list of approved securities

Eligibility
y y Only residents between the age of 18 and 75 years can apply Limited Companies, Partnership firms, Sole Proprietors and Hindu Undivided Families (HUFs) are also eligible y Loan only against approved scrip's

Application Processing
Few easy steps towards: y y y Filling of the Application Form & execution of a Loan Agreement Opening of a PoA* Bank account Opening of a PoA* Demat account

STRUCTURE
RELIGARE ENTERPRISES LIMITED

Religare AMC Limited Asset Management Business Portfolio Management

Religare Finvest Limited Lending and Distribution business

Religare Insurance Broking Limited AEGON Religare Life Insurance Co. Ltd. Life Insurance Company, JV with Aegon(26%), Religare(44%), and Bennett & Coleman(30%) Religare Arts Initiative Limited Religare Macquarie Wealth Mgmt. Ltd. JV with Macquarie for Wealth Management Business Business of Art Art Gallery Art Advisory Religare Securities Limited Retail Equity Broking Online Investment Portal Depository Services Vistaar Religare Capital Advisors Ltd. Religare Commodities Limited Commodity Broking Business JV with Vistaar Entertainment Ventures for film fund India's first ever film fund Religare Capital Markets Limited PE and M&A Advisory Institutional Broking Investment Banking Religare - Milestone JV with Milestone Capital to manage a healthcare and education fund Religare Venture Capital Limited Private Equity and Investment Manager Life Insurance Broking Business Non-Life Insurance Broking Business

Religare Finance Ltd. Capital Market Financing

BRAND IDENTIFY Symbol The Religare name is paired with the symbol of a four-leaf clover. Traditionally, it is considered good fortune to find a four-leaf clover as there is only one four-leaf clover for every 10,000 three-leaf clovers found. For us, each leaf of the clover has a special meaning. It is a symbol of Hope. Trust. Care. Good Fortune. For the world, it is the symbol of Religare. The first leaf of the clover represents Hope. The aspirations to succeed. The dream of becoming. Of new possibilities. It is the beginning of every step and the foundation on which a person reaches for the stars. The second leaf of the clover represents Trust. The ability to place ones own faith in another. To have a relationship as partners in a team. To accomplish a given goal with the balance that brings satisfaction to all, not in the binding, but in the bond that is built. The third leaf of the clover represents Care. The secret ingredient that is the cement in every relationship. The truth of feeling that underlines sincerity and the triumph of diligence in every aspect. From it springs true warmth of service and the ability to adapt to evolving environments with consideration to all. The fourth and final leaf of the clover represents Good Fortune. Signifying that rare ability to meld opportunity and planning with circumstance to generate those often looked for remunerative moments of success. Hope. Trust. Care. Good Fortune. All elements perfectly combine in the emblematic and rare, four-leaf clover to visually symbolize the values that bind together and form the core of the Religare vision.

STOCKS UNDER NIFTY

There are 50 stocks in NSE

ABB LTD., ELECTRICAL EQUIPMENT ACC LTD., CEMENT AND CEMENT PRODUCTS AMBUJA CEMENTS LTD., CEMENT AND CEMENT PRODUCTS AXIS BANK LTD., BANKS, AXIS BANK, BHARAT HEAVY ELECTRICALS LTD., ELECTRICAL EQUIPMENT, BHEL, BHARAT PETROLEUM CORPORATION LTD.,REFINERIES,BPCL, BHARTI AIRTEL LTD.,TELECOMMUNICATION SERVICES, BHARTIARTL, CAIRN INDIA LTD.,OIL EXPLORATION/PRODUCTION,CAIRN, CIPLA LTD.,PHARMACEUTICALS,CIPLA, DLF LTD.,CONSTRUCTION,DLF, GAIL (INDIA) LTD.,GAS,GAIL, GRASIM INDUSTRIES LTD., CEMENT AND CEMENT PRODUCTS, GRASIM, HCL TECHNOLOGIES LTD.,COMPUTERS SOFTWARE, HCLTECH, HDFC BANK LTD.,BANKS,HDFCBANK, HERO HONDA MOTORS LTD.,AUTOMOBILES WHEELERS, HEROHONDA, HINDALCO INDUSTRIES LTD.,ALUMINIUM,HINDALCO, HINDUSTAN UNILEVER LTD.,DIVERSIFIED,HINDUNILVR, HOUSING DEVELOPMENT FINANCE CORPORATION LTD.,FINANCE HOUSING, HDFC,

I T C LTD.,CIGARETTES,ITC, ICICI BANK LTD.,BANKS,ICICIBANK, IDEA CELLULAR LTD.,TELECOMMUNICATION SERVICES, IDEA, INFOSYS TECHNOLOGIES LTD.,COMPUTERS SOFTWARE, INFOSYSTCH, LARSEN & TOUBRO LTD.,ENGINEERING,LT, MAHINDRA & MAHINDRA LTD.,AUTOMOBILES WHEELERS, MARUTI SUZUKI INDIA LTD.,AUTOMOBILES WHEELERS,MARUTI, NTPC LTD.,POWER,NTPC, NATIONAL ALUMINIUM CO. LTD., OIL & NATURAL GAS CORPORATION LTD.,OIL EXPLORATION/PRODUCTION, ONGC, POWER GRID CORPORATION OF INDIA LTD.,POWER,POWERGRID, PUNJAB NATIONAL BANK,BANKS,PNB RANBAXY LABORATORIES LTD.,PHARMACEUTICALS,RANBAXY RELIANCE CAPITAL LTD.,FINANCE,RELCAPITAL RELIANCE COMMUNICATIONS LTD.,TELECOMMUNICATION SERVICES, RCOM RELIANCE INDUSTRIES LTD.,REFINERIES,RELIANCE RELIANCE INFRASTRUCTURE LTD.,POWER,RELINFRA RELIANCE PETROLEUM LTD.,REFINERIES,RPL, RELIANCE POWER LTD.,POWER,RPOWER, SIEMENS LTD.,ELECTRICAL EQUIPMENT,SIEMENS STATE BANK OF INDIA,BANKS,SBIN STEEL AUTHORITY OF INDIA LTD.,STEEL AND STEEL PRODUCTS, SAIL STERLITE INDUSTRIES (INDIA) LTD.,METALS,STER SUN PHARMACEUTICAL INDUSTRIES

LTD.,PHARMACEUTICALS,SUNPHARMA SUZLON ENERGY LTD.,ELECTRICAL EQUIPMENT,SUZLON TATA COMMUNICATIONS LTD.,TELECOMMUNICATION SERVICES, TATACOMM TATA CONSULTANCY SERVICES LTD.,COMPUTERS SOFTWARE, TCS TATA MOTORS LTD.,AUTOMOBILES WHEELERS, TATAMOTORS TATA POWER CO. LTD.,POWER,TATAPOWER TATA STEEL LTD.,STEEL AND STEEL PRODUCTS, TATASTEEL UNITECH LTD.,CONSTRUCTION,UNITECH WIPRO LTD.,COMPUTERS - SOFTWARE,WIPRO ZEE ENTERTAINMENT ENTERPRISES LTD. MEDIA & ENTERTAINMENT

BOMBAY STOCK EXCHANGE (BSE)

There are 30 stocks under (BSE)

ACC LTD. CEMENT AND CEMENT PRODUCTS AMBUJA CEMENTS LTD. CEMENT AND CEMENT PRODUCTS BAJAJ AUTO LTD. AUTOMOBILES - 2 AND 3 WHEELERS BHARAT HEAVY ELECTRICALS LTD. ELECTRICAL EQUIPMENT BHARTI AIRTEL LTD. TELECOMMUNICATION - SERVICES CIPLA LTD. PHARMACEUTICALS DLF LTD. DEVELOPERS/CONSTRUCTION GRASIM INDUSTRIES LTD. DIVERSIFIED HOUSING DEVELOPMENT FINANCE CORPORATION LTD. FINANCE - HOUSING HDFC BANK LTD. BANKS HINDALCO INDUSTRIES LTD. ALUMINIUM HINDUSTAN UNILEVER LTD. FMCG ICICI BANK LTD. BANKS INFOSYS TECHNOLOGIES LTD. INFORMATION TECHNOLOGY ITC LTD. FMCG LARSEN & TOUBRO LTD. ENGINEERING MAHINDRA & MAHINDRA LTD. AUTOMOBILES - 4 WHEELERS MARUTI UDYOG LTD. AUTOMOBILES - 4 WHEELERS NTPC LTD. POWER OIL & NATURAL GAS CORPORATION LTD. OIL EXPLORATION/PRODUCTION RANBAXY LABORATORIES LTD. PHARMACEUTICALS RELIANCE COMMUNICATIONS LIMITED TELECOM RELIANCE ENERGY LTD. POWER RELIANCE INDUSTRIES LTD. REFINERIES SATYAM COMPUTER SERVICES LTD. COMPUTERS - SOFTWARE STATE BANK OF INDIA BANKS TATA CONSULTANCY SERVICES LTD. COMPUTERS SOFTWAR

RESEARCH METHODOLOGY
Research Design:

Research design means adopting that type technique of research which is most suited for the research and study of the problem. For the study and the research of the problem proper material has to be selected and collected for the investigation. A research design is the arrangement of conditions for collection and analysis of data in a manner that aims to combine relevance to the research purpose with economy in procedure.

- Jahoda, deutish. Cook.

In order to know about effectiveness of stock and commodities in Religare Securities Ltd., it was necessary to interact with the customer. The sample taken comprised of respondents from Kolkata city. A questionnaire had to be designed to collect valuable information from the different customer groups. The questionnaire which was designed suitably to meet the objective of research work.

Nature of Research: In this project report I have undertaken quantitative type of study.

Type of the questions: The questions in the questionnaire asked to the visiting customers of Religare Securities Ltd, Regional office in Kolkata, are Straight Forward and Limited Probing.

Type of the Questionnaire: The questionnaire in this project report is straight forward and formalized.

Type of Analysis: The analysis done in this particular project report is statistical

Market Share - Stock Market Price & Graphs

HDFC Bank BSE: 500180 | NSE: HDFCBANK | ISIN: INE040A01018

Reliance Industries BSE: 500325 | NSE: RELIANCE | ISIN: INE002A0101

ICICI Bank BSE: 532174 | NSE: ICICIBANK | ISIN: INE090A01013

Blue Dart Express BSE: 526612 | NSE: BLUEDART | ISIN: INE233B01017

Ads by Googl Punjab National Bank BSE: 532461 | NSE: PNB | ISIN: INE160A01014

Ads by Googl

Bharti Airtel BSE: 532454 | NSE: BHARTIARTL | ISIN: INE397D01024

Ambuja Cements BSE: 500425 | NSE: AMBUJACEM | ISIN: INE079A01024

ITC BSE: 500875 | NSE: ITC | ISIN: INE154A01025

Appendix

I. Copy of questionnaire

II. Bibliography

QUESTIONNAIRE

1. Name: ________________________________________________

2. Contact No: ________________________________________________

3. Occupation:

Businessman HNI

Proprietor Individual

4. Income Group (Annual):

10000 - 1 Lakh 5 Lakh-10 Lakh

1 Lakh - 5 Lakh 10 Lakh - Above

5. How do you find Company Interaction via Email and Telephone Calls?

Poor Good

Fair Very Good

6. Do you find companys investment tips useful and beneficial?

Yes Cant Say

No

7. Where do you rate Religare on the scale of 10 in terms of Services?

4 8

6 10

8. Where do you invest/ trade mostly?

Equity Currency

Commodity

9. Where do you trade mostly?

Intraday trading

Delivery Trading

10. Do you trade in any other broking firm?

Yes

No

If yes, name of the broking firm__________________________________

11. Are you satisfied with the services provided by Religare?

Yes

No

Since last how many years you are in field of trading?

Less than 1 Year More than 5 Year

More Than 1 Year

12. What improvement do you want be done in companys services?

____________________________________________________________________________ ______________________________________________________________________________ __________________

13. Which service do you like most in Religare?

____________________________________________________________________________ ______________________________________________________________________________ __________________

CONCLUSION

Summer Internships has given a lot of scope and practical experiences from the on the job culture to theoretical implications at the different levels. There is a great learning in this field.In the current scenario, investing is very important and investing in stock markets is a major challenge ever for professionals. The young people should start investing earlier so that they can reap the benefits of investing in future.

People should keep their eyes open and keep updating themselves about various investment avenues, so that they can get safe returns.

Bibliography

Websites =

http://deadpresident.blogspot.com http://religareonline.com http://www.religarefinvest.com

Newspapers =

The Economics times

Books=

Marketing Research by G C Beri- third edition 2000, Tata McGrawHill Publishing Company Ltd. Investment Management- V.K. Bhalla.