Proj on Comparative Analysis on Various Financial Institution

7/24/2019 Proj on Comparative Analysis on Various Financial Institution

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A PROJECT ON

(COMPARATIVE ANALYSIS OF VARIOUS FINANCIAL INSTITUTIONS IN

MARKET)

Bachelor of Banking and Insurance

Semester V

University of u!"ai

(2015-2016)

SUBMITTED BY:

(HIMANI RAJAN SATPALKAR)

Roll No.314

Uttari Bharta #a"ha$s

RAANAN% AR&A %'A'(' CO))E*E

%ATAR CO)ON& B+AN%UP ,E-. UBAI/011102'

1


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RAANA% AR&A %'A'( CO))E*E O3 COERCE

AN% #CIENCE

ANA*E% B&4UTTARI B+ARAT #AB+A,Regd'-

%atarcolony'Bhandu5,East-.u!"ai/01

CERTI3ICATE

MR/MS +IANI RAJAN #ATPA)6AR ROLL NO. 780 ! B'co! ,BAN6IN* AN%

IN#URANCE- #EE#TER ("#s $%&ert#'e% #%& m*ete& t"e r+et ,r' tt*e&

COPARATI(E ANA)I# O3 (ARIOU# 3INANCIA) INTITUTION# IN T+E

AR6ET.D$r% t"e ##&em e#r 2189/218:.T"s s # %#!&e r+et ,r' #%&

%!rm#t% rese%t % t s tr$e #%& r%#* t t"e est ! $r '%,*e&e #%& e*e!.

$rse- -r&%#tr 3r%*e

,rs' Chandrakala ,%r' A;ay Bha!are-

#hrivastav-

3r+et 4$&e

,r'Nagara; Ara"havi- Eter%#* E#m%er

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RAANAN% AR&A %'A'( CO))E*E

#TATION ROA%. %ATAR CO)ON&.

B+AN%UP ,E- < 011102'

TE)'NO' 29:: ::=8 > 29:: 2=28

%EC)ARATION

I +IANI RAJAN #ATPA)6ARt"e st$&e%t of RAANAN% AR&A

%'A'( CO))E*E T&BBI ,#E (- "ere &e*#re t"#t I "#e

m*ete& t"s r+et % 7COPARATI(E ANA)I# O3 (ARIOU#

3INANCIA) IN#TITUTION# IN T+E AR6ET? % t"e ##&em e#r

2189/ 218:. T"s %!rm#t% s$mtte& s tr$e 8 r%#* t t"e est !

m '%,*e&e.

D#te:

3*#e:

S%#t$re ! St$&e%t

(+IANI R #ATPA)6AR-

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AC6NO@)E%*EENT

It es me mme%se *e#s$re t s$mt t"e r+et

rert %COPARATI(E ANA)I# O3 (ARIOU# 3INANCIA)

IN#TITUTION# IN T+E AR6ET8 rese%t t t t"e

R9M9N9ND9 9RY9 D.9.V OLLE4E B9NDU3 #!!*#te& t

M$m# U%erst %&$te& $%&er t"e $%e Prof. (Mr)

Naara! Ara"#a$%

I ,$*& *'e t t"#%' t"e #%' m#%#er 8 #**

r!ess%#*s e%#e& % t"s !e*& ," ,ere &ret* r %&ret*

%%ete& 8 "e*% "#%&s % t"s r+et. 9*s t"#%'% m

!re%&s **e#$es 8 #** t"se

T"#%' $

(+IANI R #ATPA)6AR)

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EECUTI(E #UAR&

T"e r+et 7Co!5arative Analysis of various 3inancial Institutions in the !arket; ,#s

&%e t et t"e &e# #s ,e** #s '%,*e&e e%e!ts #%& $se ! !%#%#* #&sr % t"e rese%t

se%#r. T"e #s +ete e"%& t"e st$& #rre& $t me s t '%, m$" mre

#$t t"e rsets !


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TAB)E O3 C O N T E N T #

Cha ter No' Title Pa e No'8 Introduction

1.1 I%tr&$(t-% ! t"e T)-( ?-@

1.2 Re*e6#%(e ! t"e 3r+e(t A

1. O1+e(t-6es ! t"e St$&0 10-11

1.C S()e ! t"e St$&0 12

1.5 L-m-t#t-%s ! t"e St$&0 1-1C

2' Profile of the Organisation

2.1 :-str0 8 4e%er#* I%!rm#t-% 15-1@

2.2 m#% 3r!*e 1A-C1

7' Revie of )iterature C2-CA

.1 Me#%-%/ #%& 2%(e)t

0' Research ethodology

C.1 Met"& ! St$& 50-52C.2 Se%r t# 5

9' Analysis of the co!5arison 5C-6C

:' 3indings . 65

' Reco!!endations 66-6@

D' Conclusions 6A

=' &%"l%ora'# ?0-?2

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C+APTER '8

INTRO%UCTION

8'8 INTRO%UCTION TO 3INANCIA) IN#TITUTION#


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t"e && %t e*ee t ,#s s#!e t & s. I! e*e 'et t"er m%e %ste#& ! s#% r

%est% t t"e% t"e #**#t% ! e%m res$res ,$*& e m$" *ess e!!e%t.

Financial Institutions in Indiaare divided in two categories. The frst

type reers to the regulatory institutions and the second type reers to theintermediaries.

The regulators are assigned with the o! o governing all the divisions o

the "ndian fnancial system. These regulatory institutions are responsi!le

or maintaining the transparency and the national interest in the

operations o the institutions under their supervision.The regulatory

!odies o the fnancial institutions in "ndia are as ollows#

Reserve Bank of India (RBI)

Securities and Exchange Board of India (SEBI)

Central Board of Direct Taxes (CBDT)Central Board of Excise & Custos

9#rt !rm t"e Re$*#tr &es t"ere #re t"e I%termeres t"#t %*$&e t"e #%'% #%&

%%-#%'% !%#%#* %stt$t%s.

Sme ! t"e se#*=e& !%#%#* %stt$t%s % I% #re #s !**,s:

Unit Trust of India ,UTI-

#ecurities Trading Cor5oration of India )td' ,#TCI-

Industrial %evelo5!ent Bank of India ,I%BI-

Industrial Reconstruction Bank of India ,IRBI-. no ,Industrial Invest!ent Bank of

India-

E5ort < I!5ort Bank of India ,EI Bank-

#!all Industries %evelo5!ent Bank of India ,#I%BI-

National Bank for Agriculture and Rural %evelo5!ent ,NABAR%-

)ife Insurance Cor5oration of India ,)IC-

*eneral Insurance Cor5oration of India ,*IC-

#hi55ing Credit and Invest!ent Co!5any of India )td' ,#CICI-

+ousing and Ur"an %evelo5!ent Cor5oration )td' ,+U%CO-

National +ousing Bank ,N+B)

T"e #%'% %stt$t%s ! I% *# # m#+r r*e % t"e e%m ! t"e $%tr. T"e

#%'% %stt$t%s #re t"e r&ers ! &estr #%& tr#%s#t% seres. T"ese #ttes

#re t"e m#+r s$res ! re#t% m%e. T"e #%'% %stt$t%s #re t"e m#+r s$res !

r&% *#%s #%& t"er re&t !#*tes t t"e *e%ts.

9#rt !rm t"e #%'% !%#%#* %stt$t%s t"ere #re # %$mer ! se#*=e&

financial institutions in India

t"#t "#e ee% %rr#te& !r # &e!%te $rse. T"ese %stt$t%s %*$&e t"e %s$r#%e

m#%es t"e "$s% !%#%e m#%es m$t$#* !$%&s mer"#%t #%'s re&t rert%

#%& &et **et% m#%es #%& m#% mre.

$


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9#rt !rm t"ese t"ere #re seer#* t"er !%#%#* %stt$t%s t"#t #re est% % t"e $%tr.

T"ese #re t"e st' r'ers #%& s$-r'ers rt!* m#%#ers %estme%t #&srs

$%&er,rters !re% %stt$t%#* %estrs#%& m#% mre.

8'2RE)E(ANCE O3 PROJECT

IPORTANCE O3 3INANCIA) IN#TITUTION#


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8'7O";ective of #tudy

T st$& t"e rsets ! #r$s !%#%#* r&$ts r&e& &!!ere%t !%#%#*

%stt$t%s % t"e m#r'et. 3e*e s"$*& me $t ! t"e %et ! +$st 'ee% t"er m%e% S#%s 9$%t #%&


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re&t $%%s $*& "#e t"e s#me +ete #s memers #re e% re#s%#*e re&t r#tes

#%& t"e $%%s %ee& t"e memers t st# #te #%& #!*#t.

+el5 Peo5le Invest

Sme !%#%#* %stt$t%s s$" #s #%'s #%& st'r'ers !!er e*e "e* %

%est% t %re#se %me #%& ,rt". I! t"e *e%t "#s *tt*e t % eere%e % !%#%#*

%estme%ts t"e st'r'er r #%'% m#%#er s"$*& r&e t"e '%,*e&e #%& eertse

t "e* t"e *e%t %est ,se*. 9% +ete #% %*$&e te#"% #%& "e*% *e%ts

$%&erst#%& t"e ,r*& ! %est% #%& te#" t"em t*s t 'ee tr#' ! t"er ,%

%estme%ts.

#avings Plans

M#% !%#%#* %stt$t%s m#%#e e*es ers%#* m%e. S%e !ees %estme%ts

%s$r#%e #%& t"er seres m# st t"e $stmer m%e # !%#%#* %stt$t% m# "#e

#% +ete t r&e seres #%& s#%s *#%s t"#t ,** s#e t"e $stmer m%e. T"s

#% %*$&e m%% #%'% #%& %s$r#%e seres !r %e !%#%#* %stt$t% r#t"er t"#%

"#% seer#* sere r&ers. It #*s #% me#% "#%% %s$r#%e *#%s !r %st#%e .

Insurance Pre!iu!s and Plans

I%s$r#%e m#%es #%& *#rer #%'% r#%"es m# !!er *e%ts %s$r#%e *#%s

#%& rem$ms t rtet *e%ts. T"s #% %*$&e re&t #r& %s$r#%e *#% *mt %s$r#%e

#r %s$r#%e tr#e* #%& "me %s$r#%e #%& %s$r#%e ##%st $r*#r #%& "me %#s%.

S%e t"e %ee&s ! e#" *e%t &!!er t"e !%#%#* %stt$t% m# "#e #% +ete t r&e

%s$r#%e *#%s t"#t #re t#*re& !r e#" *e%t. T"s s %t %* t 'ee $rre%t *e%ts

s#ts!e& $t #*s % "es ! #ttr#t% %e, $stmers.

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8'0 #co5e of #tudy

T"ere est # te%t#* r,t" % t"e ,e#*t" m#%#eme%t %&$str #%& t"$s t"s r+et

#$t"e%t#tes t"e !e#s*t ! !%#%#* %stt$t%s % t"e m#r'et.

E#%&% %ee&s #%& r*!er#t% ! !%#%#* r&$ts #re m#'% t &!!$*t !r

%&&$#*s t %est ,t"$t *#%%%. Mst #re #,#re t"#t *#%%% s rt#*F et

&%t "#e t"e tme r t"e eertse t &ee* # *#% 8 t"ere!re t"e r*e ! $est% ! ," "#s #$t"rt t m#'e &es%s (er%#%e). Ge

s$est # ,# ! %et$#*=% t"e t#s's #%& !$%t%s ! !rms ,"" re* $%

!rm-se! str#te #ssets %*$&% "$m#% #t#* er%#%e #%& &es%-

m#'% re&$res #%& t"e %!rm#t% sstems t"#t $%&er% &es% m#'%.

T"e +ets ! $r #%#*ss #re !%#%#* %stt$t%s s$" #s m$t$#* !$%&s e%s%

!$%&s sere% ,e#*t" !$%&s #%& %estme%t m#%#eme%t m#%es. T t"e ete%t

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t"#t t"e st ! seres s mrt#%t t"ese tes ! !%#%#* %stt$t%s "#e s$"t

t &s$%t sts $ts$r% ee% !!-s"r%.

9t ss$e s t"e #*e er#"#* re#" ! t"s te ! %stt$t% %t% t"e #r$s

,#s %temr#r %stt$t%s (sm#** #%& *#re) "#e s$"t t &e#* ,t" t"s ss$e.

O$r #%#*ss s %et$#* #%& t"eret#* r#t"er t"#% emr#* #%& s #se& % # set

! #se st$&es #%& !e*&,r' #%& t"e m*#t%s t e &r#,% t"ere!.

8'9 )i!itation of the #tudy

I! t"e se ! t"e rese#r" ,#s *mte& t t ? ,e#*t" m#%#eme%t m#%es %#me*

YES B#%' t#%' UTI B#%' SB B#%' D


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Smetmes t"ese %stt$t%s *#e restrt%s % t"e #$t%m ! m#%#eme%t. T"e

*# &,% # %ert*t *#$se % *#% #reeme%ts. I% sme #ses t"e %sst % t"e

#%tme%t ! t"er %m%ees t t"e B#r& ! Dretrs ! t"e rr,% m#%.

The !ain advantages of institutional finance are as follos4

Bt" rs's #s ,e** #s *#% #t#* #re ##*#*e. 3$* !%#%#* %stt$t%s r&e

$%&er,rt% !#*tes #*s.

Ne, m#%es ,"" m# !%& t &!!$*t t r#se !%#%e !rm t"e $* #% et t

!rm t"ese %stt$t%s. 9ssst#%e s ##*#*e ,"e% re$rse t %rm#* s$res s

mr#t#*e r $%r!t#*e. M&er%=#t% #%& e#%s% *#%s #% e !%#%e&

,t"$t m$" str#% % t"e !%#%#* str$t$re ! t"e m#%.

9s t"ese %stt$t%s #rr $t # t"r$" %est#t% e!re r#%t% #ssst#%e t #

%er% re*#t%s" ,t" t"em "e*s t %re#se t"e re&t-,rt"%ess ! # m#%.

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L#%s #%& $#r#%tees % !re% $rre% #%& &e!erre& #me%t !#*tes #re ##*#*e

!r t"e mrt ! re>$re& m#"%er #%& e>$me%t.

T"e r#tes ! %terest #%& re#me%t re&$res #re %e%e%t #%& e%m#*.


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C+APTER'2

PRO3I)E O3 T+E OR*ANI#ATION

2'8+I#TOR& AN% *ENERA) IN3ORATION

T"e


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T"e re&t r#t% #e%es % I% ,ere m#%* !rme& t #ssess t"e %&t% ! t"e !%#%#*

setr #%& t !%& $t #e%$es !r mre mreme%t. T"e re&t r#t% #e%es !!er #r$s

seres #s:

Oer#t% U r#t% Tr#%% t Em*ees

Sr$t%=e Ne, 3r+ets #%& !%& $t t"e ,e#' set%s % t

R#te &!!ere%t setrs

T"e t, mst mrt#%t re&t r#t% #e%es % I% #re:

CRI#I)

ICRA

#ecurities and Echange Board of India4

T"e se$rtes #%& e"#%e #r& ! I% #*s re!erre& t #s SEBI ,#s !$%&e& % t"e e#r

1AA2 % r&er t rtet t"e %terests ! t"e %estrs #%& t !#*t#te t"e !$%t%% ! t"em#r'et %termeres. T"e s$erse m#r'et %&t%s rester %stt$t%s #%& %&$*e %

rs' m#%#eme%t.

Insurance Co!5anies in India4

T"e %s$r#%e m#%es !!er rtet% ##%st *sses. T"e &e#* % *!e %s$r#%e m#r%e

%s$r#%e #%& e"*e %s$r#%e #%& s %. T"e %s$r#%e m#%es **et t"e *tt*e s#%

! t"e %estrs #%& t"e% re%est t"se s#%s % t"e m#r'et. T"e %s$r#%e m#%es #re

**#r#t% ,t" &!!ere%t !re% %s$r#%e m#%es #!ter t"e *er#*=#t% ress. T"s

ste "#s ee% %rr#te& t e#%& t"e I%% I%s$r#%e m#r'et #%& m#'e t mette.

#5ecialiGed 3inancial Institutions in India4

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T"e se#*=e& !%#%#* %stt$t%s % I% #re er%me%t $%&ert#'%s t"#t ,ere set $ t

r&e #ssst#%e t t"e &!!ere%t setrs #%& t"ere #$se er#** &ee*me%t ! t"e

I%% e%m. T"e s%!#%t %stt$t%s !#**% $%&er t"s #ter %*$&es:

Board for Industrial H 3inancial Reconstruction

E5ort/I!5ort Bank Of India

#!all Industries %evelo5!ent Bank of India

National +ousing Bank


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FINANCIAL ADVISORS:

3*#%%% !r # se$re !%#%#* !$t$re s %t e#s. Yet %re#s%* %&&$#*s #re % "#re !

t"er ,% !%#%#* !$t$res. Mst #re #,#re t"#t *#%%% s rt#* et &%t t"e "#e tme

r t"e eertse t &ee* # *#% #%& m#'e t"e %ee&e& !%#%#* &es%s. S t"ere #rses #%ee& !r


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2'2COPAN& PRO3I)E

T"e '%&s ! seres


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8'&E# BAN6

,I-Introduction

&E# BAN6"#s ee% %ee& % t"e srt ! r!ess%#* e%trere%e$rs" ,t" #%

$%st%te& mmtme%t t est#*s" # "" >$#*t te"%* &re% st#te-!-t"e-#rt r#te

I%% B#%' #ter% t JEmer% I%.

T"e #st #%'% eere%e ! t"e 3rmters Rana 6a5oor#%& Ashok 6a5ur," "#e #

**ete !%#%#* st#'e ! 7D':2 "#s ee% stre%t"e%e& t"e !%#%#* s$rt !

Ra"o"ankNe&er*#%& t r&e &E# BAN6# str% !$%t% ! e%&$r% !%#%#* tr$st.

&E# BAN6 *'s t !!er mre"e%se #%'% #%& !%#%#* s*$t%s. G"" s ,"

t"e "#e %&$te& t >$#*t $m#% #t#* #rss #** t"e #%'% !$%t%s %*$&%

rr#te 8 I%stt$t%#* B#%'%


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,C- *OI Bonds

T"e r&e $ ,t" !e& te%$re B%&s ss$e& t"e 4er%me%t ! I% ,""

e%s$re re$*#r !$%& %!*,s'

,%- Ta #aving Bonds

B %est% % se!e& %&s t"e #%' #% "e* $ t re&$e $r t# *#*t $%&er

Set% 90EC! t"e Inco!e Ta Act.8=:8

,E- #u"scri5tion to IPOs

T"e #%' !#*t#tes s$srt% t se*et I3Os % t"e #t#* m#r'et "e*% $ t t#'e

tme* #%t#e ! ##*#*e rt$%tes'

,3- )ife Insurance

&E# BAN6 "#s #rt%ere& ,t" a Ne &ork )ife %e ! t"e mst re$te& L!e

I%s$r#%e m#%es % I%. T"e #%'% setr #% *# # %str$te r*e % e% #%

#e%t ! "#%e #%& # re#tr ! s#* #%& e%m #*$e. 9t &E# BAN6 t"e #sre t

re#te #%& s"#re #*$e. a Ne &ork )ife$s%ter%#t%#** e%"m#r'e& tr#%%

ressesF !*e*e r&$t s$te sere ee**e%e #%& !%#%#* stre%t" m*eme%t t"s

$t*' ,"" e%s$re t"#t ,e #re #*e t &e*er t"e tr$e #*$e ! *!e %s$r#%e t $r

$stmers. &E# BAN6r&es t"e e%tre s$te ! *!e %s$r#%e r&$ts r#%% !rm rs'

rtet% t %estme%t-re*#te& $%t *%'e& r&$ts !r %&&$#*s r$s r se*et

em*ees.

,*- *eneral Insurance

&E# BAN6"#s #rt%ere& ,t" Ba;a; AllianG *eneral Insurance Co t &str$te t"er

N% L!e I%s$r#%e r&$ts t $r *e%ts'

23


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2' CITIBAN6

,I- Introduction

tr$ % I% tr$ s t"e s%*e *#rest !re% &ret %estr % t"e !%#%#*

seres %&$str % I%. mmtte& t I% !r er 811 years tr$ %s&ers tse*! #

*#* #%' ,t" #% %ter%#t%#* ersete #'e& t"e *#rest *#* %et,r'. Gt" # st#!!

stre%t" ! er 89.111 tr$ "#s %s*te& ts st% #s t"e mst %%#te #%&

mre"e%se !%#%#* r&$ts #%& seres r&er % t"e $%tr #%& t "#s #

$stmer #se ! er 8.111*#re rr#te er 22.111sm#** #%& me&$m e%terrses #%&

er 9'9 !illionret#* $stmers. 9 %eer % %s$mer #%'% t#%' ,#s t"e !rst t

%tr&$e re&t #r&s !$se& %s$mer *e%&% rr#ms #%& e*etr% #%'% % I%.

T t"e t#%' %et,r' mrses ! 7=#%' r#%"es #rss 2tes #%& er 011

t#r& B#%'% e%tersK,"" m%e 9TMs #%& se*!-sere "%e #%& I%ter%et #%'%

!!er% t4*& ,e#*t" m#%#eme%t re&t #r&s mrt#e seres 9$t L#%s

3ers%#* L#%s S$&"# #%& NRI Seres. T"r$" t$reme%ts. T"e *e%ts #% se*et !rm # set ! term #%&

e%&,me%t %s$r#%e *es r$"t t t"em t"r$" #%' %s$r#%e #rt%ers s t"#t t"e

*e%ts %ee&s !r ,e#*t" rtet% #re t#'e% #re !. T"e *e%ts #% #*s se*et !rm # r#%e

! #sset r&$ts %#me* ers%#* "me #%& #$t *#%s #t se#* re*#t%s" r%.

t4*& Ge#*t" M#%#eme%t !!ers t"e *e%ts #% e*$se r*ee t"#t mrses !:

25


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,A- utual 3unds 4

9t t4*& $ #% "se !rm # r#%e ! re-se*ete& M$t$#*


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,E- Insurance #ervices

I% ts m#r'et %s$r#%e rese%ts #% #ttr#te %estme%t t%. T #ssst t"e *e%ts

,t" #&e % #r$s %s$r#%e *es r t "e* t"em % $r"#s% %s$r#%e . Citi*old

"#s te& $ ,t" Br*#.

7' UTI BAN6 )T%

,I-Introduction

UTI Bank ,#s t"e !rst ! t"e %e, r#te #%'s t "#e e$% er#t%s % 1AAC #!ter

t"e 4er%me%t ! I% #**,e& %e, r#te #%'s t e est#*s"e&. T"e B#%' t s

#t#*=e& t t"e ete%t ! Rs. [email protected] rers ,t" t"e $* "*&% (t"er t"#% rmters)

#t ?2.C . 3rese%t* t"e B#%' "#s # er ,&e %et,r' ! mre t"#% C50 r#%" !!es #%&

Ete%s% $%ters. T"e B#%' "#s stre%t"s % t" ret#* #%& rr#te #%'% #%& s

mmtte& t #&t% t"e est %&$str r#tes %ter%#t%#** % r&er t #"ee

ee**e%e.


28/74

,II- #ervice Offerings "y Ca5ital arket

,A- EMuity arket Content

#t#* M#r'et s %eer % !!er e>$t re*#te& %te%t !r UTI B#%'s rt#* ,""

%*$&es:

E>$t M#r'et mme%t#r

St' 3re D#t#

"#rt%


29/74

D&e%& 8 M*=#t% Det#*s

M$t$#*


30/74

0' +#BC Bank

,I-Introduction

T"e #%tee&e%ts ! t"e SB 4r$ % I% #% e tr#e& #' t Oter 1@5 ,"e%

t"e Mer#%t*e B#%' ! I% L%&% #%& "%# ,#s !$%&e& % Bm# (%, M$m#).

T"e #>$st% % 1A5A T"e % % #%& S"#%"# B#%'% rr#t% Lmte& !

t"e Mer#%t*e B#%' ,#s # &ese !#tr % *#% t"e !$%t% !r ts SB 4r$.

SB % I% s r$& t "#e ret#%e& t"e 4r$s %eer% stre#' e% #% #te

#rt%er % t"e &ee*me%t ! t"e I%% #%'% %&$str - ee% % I% ts !rst 9TM

,# #' % 1A@?. T"e r#%=#t%s #t#*t res*e%e #%& mmtme%t t ts

$stmers "#e !$rt"er e%#*e& t t s$re t"r$" t$r$*e%t tmes #%& rser t"r$"

& tmes er t"e #st 150 e#rs.

,II-#ervice Offerings

,A- 3inancial Planning #ervices

I%!*#t% !#**% %terest r#tes #%& !*$t$#t% m#r'et %&t%s re>$re $ t *#% $r

!%#%es #re!$**. e*er#te mrt#%t #s%s % t"e !$t$re m#%#% $r ,e#*t" ,e**

%,. SBs $reme%ts

"e*% $ re#te #%& %re#se $r ,e#*t" te%t#* % t"e *%-term se%#r .

,C- Insurance

3&


31/74

Y$ "#e r#* *#%%e& $r *!e ,t" re#t #re ,r'% s*,* #%& ste#&* t,#r&s

!$*!**% $r &re#ms #%& #mt%s. U%!rt$%#te* $ "#e % %tr* er ert#% %#t$r#*

#%& m#%-m#&e ee%ts t"#t m# ert$r% $r *#%s.

9s $ "#%e s & $r %s$r#%e %ee&s. T"e %s$r#%e s*$t% t"#t s re*e#%t t $

t m# e er &!!ere%t t t"e s*$t% $ re>$re e#rs !rm %,. It s t"ere!re rt#*

!r $ t &e%t! rtet% %ee&s t"#t #re ert%e%t t $ #%& $r r$mst#%es .


32/74

9 'Religare

,I- Introduction

Re*#re E%terrses Lmte& ,#s rmte& t"e rmters ! R#%# L#r#tres

Lmte& #%& t ,#s r%#** %rr#te& #s 7V#+res",#r smets 3r#te Lmte&; %

H#%$#r 0 1A@C. T"e %#me ! t"e m#% ,#s "#%e& t 7Re*#re E%terrses 3r#te

Lmte&; % H#%$#r 10 2006.

Re*#re E%terrses Lmte& (REL) s %e ! t"e *e#&% %ter#te& !%#%#* seres r$s

! I%. RELs $s%esses #re r#&* *$e& #rss t"ree 'e ert#*s t"e Ret#*

I%stt$t%#* #%& Ge#*t" setr$ms #ter% t # &erse #%& ,&e #se ! *e%ts.

REL !!ers # m$*tt$&e ! %estme%t t%s #%& # &erse $>$et ! !%#%#* seres #%&

"#s # #% I% re#" % mre t"#% 1550 *#t%s #rss mre t"#% C60 tes #%& t,%s.

,II- #ervice Offerings

,A-#E 3inance

Re*#re


33/74

Ca5ital arkets4Re*#re #t#* M#r'ets (RM)s #% 9s# !$se& I%stt$t%#*

E>$tes #%& I%estme%t B#%'% *#t!rm #rt%er% emer% r,t" m#%es re%=e&

*e%ts #%& %&ee%&e%t #e%es #*'e !r t"e >$#*t ! ts rese#r" #%& ee$t%.

@ealth anage!ent4Re*#re Ge#*t" M#%#eme%t Lmte&(e#r*er Re*#reM#>$#re Ge#*t" M#%#eme%t (RMGM) ,"" ,#s !rme& #s # +%t e%t$re et,ee%

Re*#re #%& M#>$#re ! 9$str#*#. I% 201 Re*#re #>$re& M#>$#res st#'ePAQ) It

"#s st%e& tse*! #s #% e%-#r"tet$re #&sr-*e& m&e*.

,C-Asset anage!entPe&tQ

*lo"al Asset anage!ent4Re*#re 4*#* 9sset M#%#eme%t (R49M) s #

m$*t-$t>$e #sset m#%#eme%t $s%ess !$se& % #*ter%#tes.L#%&m#r'3#rt%ers$#&r# #t#* Nrt"#te #t#* I%estme%t 3r!ess%#*s Lmte& Re*#re

e#*t" Tr$st IBO< I%estme%t M#%#eme%t et. #re t"e #!!*#tes ! R49M. Gt" #

rese%e #rss US E$re #%& 9s# #%& #% #re#te 9UM ! USD 20 **% P10Qt "#s

emere& #s t"e *#rest #*ter%#te #sset m#%#eme%t *#t!rm #se& $t ! I%.

India Asset anage!ent4Religare Invesco Asset anage!ent

Co!5any Private )i!ited ,RIACP)) t"e &mest #sset m#%#eme%t #rm !

Re*#re s I%s 87th largestm$t$#* !$%& "$se 9UM. Gt" %e#r* 82 82.291.111

!*s t "#s # rese%e % :9D$s%ess *#t%s #rss 899tes.

,%-Insurance

+ealth Insurance4Religare +ealth InsuranceCo!5any )i!ited ,R+IC)-s #

se#*st "e#*t" %s$rer e%#e& % t"e &str$t% 8 ser% ! "e#*t" %s$r#%e

r&$ts. T"e s"#re"*&ers ! Religare +ealth Insurance#re t"ree str% e%ttes K

Religare Enter5rises )i!ited. Union Bank of India H Cor5oration Bank. T"e

m#% "e#&>$#rtere& #t %elhi. mme%e& er#t%s % July 2182 #%& ,t"% #

s"rt s#% ! tme s #*re#& er#t% $t ! 90!!es ser% mre t"#% 2.:11.111

*es #rss 711 *#t%s %*$&% er 8811rr#tes.

33
http://www.religarecm.com/http://wwwreligareprivatewealth.com/https://en.wikipedia.org/wiki/Religare#cite_note-RPW-9https://en.wikipedia.org/w/index.php?title=Religare&action=edit&section=5http://www.religaregam.com/https://en.wikipedia.org/wiki/Landmark_Partnershttps://en.wikipedia.org/wiki/Landmark_Partnershttps://en.wikipedia.org/wiki/Landmark_Partnershttps://en.wikipedia.org/wiki/Quadria_Capitalhttps://en.wikipedia.org/wiki/Quadria_Capitalhttps://en.wikipedia.org/wiki/Religare#cite_note-RGAM-10http://www.religareinvesco.com/http://www.religareinvesco.com/http://www.religarehealthinsurance.com/http://www.religarecm.com/http://wwwreligareprivatewealth.com/https://en.wikipedia.org/wiki/Religare#cite_note-RPW-9https://en.wikipedia.org/w/index.php?title=Religare&action=edit&section=5http://www.religaregam.com/https://en.wikipedia.org/wiki/Landmark_Partnershttps://en.wikipedia.org/wiki/Landmark_Partnershttps://en.wikipedia.org/wiki/Quadria_Capitalhttps://en.wikipedia.org/wiki/Religare#cite_note-RGAM-10http://www.religareinvesco.com/http://www.religareinvesco.com/http://www.religarehealthinsurance.com/


34/74

)ife Insurance4AE*ON Religare )ife InsuranceCo!5any )i!ited ,AR)I- s

# t"ree-,# +%t e%t$re et,ee% AE*ON! t"e Net"er*#%&s (26) Re*#re (CC)

#%& Be%%ett *em#% 8 m#% Lmte& (0).

:' Ba;a; Ca5ital

,I-Introduction

B#+#+ #t#* s %e ! I%s *e#&%


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!) I%s$r#%e

)


36/74

' Allegro Ca5ital Advisors Private )i!ited

,I- Introduction

9**er 9&srs s # *e#&% I%% !$** sere %estme%t #%' t"#t $*&s #*$e #rss #

setr$m ! *e%ts %*$&% t"e er%me%t rr#t%s !%#%#* %stt$t%s "" %et-

,rt" %&&$#*s #%& r!ess%#*s.

mre"e%se sere !!er%

I%estme%t B#%'% #t#* M#r'ets 9sset M#%#eme%t 8 3r#te B#%'%

E%s$r% *e%ts !%#%#* ,e**-e%


37/74

(II) Tea! of e5erienced advisors

9**er #t#* s # mre"e%se I%estme%t B#%' t"#t mes ,t" e#rs ! eertse %

!!er% !%#%#* s*$t%s #%& #&sr seres #rss t"e rr#te ,r*&.

9**er #t#* 9&srs "#s !!es *#te& % 'e metrs #rss I%. O$r te#ms !

!%#%#* #&srs #%& se#*sts "#e t"e *#* '%,*e&e %t#ts #%& #,#re%ess t re#te

tm$m s*$t%s t"#t meet $r *e%ts !%#%#* #mt%s. 4% $r *e%ts t"e *#*

*#* #%t#e ,e "#e r#&e%e& $r re#" t 29 !a;or cities#%& t,%s ! I% #%&

est#*s"e& str#te #**#%es ,t" seer#* re%,%e& #&sr "$ses #%& %stt$t%s

%ter%#t%#**.

,III- #ervice Offerings

T"e %estme%t #r#" e%s ,r'% *se* ,t" t"e *e%ts t &e%t! t"er *%-

term !%#%#* #*s rs' t*er#%e #%& t"e %#t$re ! t"er est% #sset #se. 9&&t%#**

#**er ree, e#" *e%ts rt!* % #% %% #ss #%& e#*$#te ss*e #&+$stme%ts

% res%se t e%m "#%es m#r'et tre%&s r *e%t %ee&s.

9**er e%s$res t"s ""* ers%#*=e& m&e* ! sere m#%t#%% #m%st t"e *,est

*e%t t #&sr r#ts % %&$str. 9**er !!ers %e ! t"e ,&est r#%e ! !%#%#* seres

t"#t ers t"e setr$m ! eer %ee& # *e%t m# "#e % m#%#% "s r "er ,e#*t". O$r

seres #re #ter=e& t sere &erse !%#%#* %ee&s #%& t"e &erse %estme%t str#tees

t"#t #re re>$re& t r, # *e%ts ,e#*t".

Allegro *rothS4Des%e& !r t"e $% ee$te t mrses # set ! r&$ts #%&

seres t"#t #**, st#rt $ %mes m#m=e te%t#* t r, % t"e *% term. 9 se#*

!!er% "#s ee% &es%e& !r ,r'% $*es

37


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Allegro EMuity:9 $re e>$t !!er% ,t" # $%>$e str#te t"#t 'ees % ersete

#t#* %ser#t% t"r$" me&$m #%& *% str#tees s$" #s &&e%& e*&s I3Os $-

#'s #*$e 's set r#* 's r,t" !$%& rt$%tes et. 3MS s !!ere& se*ete*

Allegro @ealthS49 t ! t"e *%e sere !!er% t"#t mrses t"e e%tre #s'et !

seres t"#t %*$&e se#*=e& e>$t #&sr %*$&% ers%#* #&se !rm $r ""*

re$te& #&sr #%e* #rss t##t% &et e>$t #%& m%e m#r'ets #$tm#t rt!*

#%& re#*#%% m#%#eme%t %s$r#%e #%& *#% #&sr #ess t # D hr : days a eek

"e**%e. 3rt!* M#%#eme%t Seres s !!ere& se*ete*'

$. "'(" (an) *+ther ,u!lic -ector"ndian (an)s/ #

"ndustrial 'evelopment (an) o "ndia *"'("/ is the tenth largest !an) in the

world in terms o development. The 0ational -toc) change *0-/ The

0ational -ecurities 'epository -ervices td. *0-'/ -toc) olding

orporation o "ndia *-"/ are some o the institutions which has !een

!uilt !y "'(". "'(" is a strategic investor in a plethora o institutions which

have revolutionied the "ndian 8inancial 9ar)ets.

"'(" (an) promoted !y "'(" :roup started in 0ovem!er 1%%5 with a

!ranch at "ndore with an e;uity capital !ase o


39/74

8ig. 2.7

*"/9ain unctions o "'("

"'(" is vested with the responsi!ility o coordinating the wor)ing o

institutions engaged in fnancing promoting and developing industries. "t

has evolved an appropriate mechanism or this purpose. "'(" also

underta)es=supports wideranging promotional activities including

entrepreneurship development programmes or new entrepreneurs

provision o consultancy services or small and medium enterprises up

gradation o technology and programmes or economic uplitment o the

3%


40/74

underprivileged.

*""/"'(">s role as a catalyst

4&


41/74

"'(">s role as a catalyst to industrial development encompasses a wide

spectrum o activities. "'(" can fnance all types o industrial concerns

covered under the provisions o the "'(" ?ct. @ith over three decades oservice to the "ndian industry "'(" has grown su!stantially in terms o sie

o operations and portolio.

*"""/'evelopmental ?ctivities o "'("

,romotional activities

"n ulfllment o its developmental role the (an) continues to perorm a

wide range o promotional activities relating to developmental

programmes or new entrepreneurs consultancy services or small andmedium enterprises and programmes designed or accredited voluntary

agencies or the economic uplitment o the underprivileged. These

include entrepreneurship development selemployment and wage

employment in the industrial sector or the wea)er sections o society

through voluntary agencies support to -cience and Technology

ntrepreneurs> ,ar)s nergy onservation ommon Auality Testing

enters or small industries.

Technical onsultancy +rganiations

@ith a view to ma)ing availa!le at a reasona!le cost consultancy and

advisory services to entrepreneurs particularly to new and small

entrepreneurs "'(" in colla!oration with other ?ll"ndia 8inancial

"nstitutions has set up a networ) o Technical onsultancy +rganiations*T+s/ covering the entire country. T+s oBer diversifed services to small

41


42/74

and medium enterprises in the selection ormulation and appraisal o

proects their implementation andreview.

ntrepreneurship 'evelopment "nstitute


43/74

C+APTER'7

RE(IE@ O3 )ITERATURE

EANIN* AN% CONCEPT

43


44/74

9** I% $&t. T"s ress s$se>$e%t* e%s$res

e#r%%s % t"e %estme%ts #%& s#%s %*e&.

I% 3st-I%&ee%&e%eI% e*e ,ere e%$r#e& t %re#se s#%sF # t#t %te%&e& t

r&e !$%&s !r %estme%t t"e I%% er%me%t. ,eer t"ere ,#s # "$e #

et,ee% t"e s$* ! s#%s #%& &em#%& !r t"e %estme%t rt$%tes % t"e $%tr.

3INANCIA) IN#TITUTION# IN T+E AR6ET

9 ,e**->$#*!e& !%#%#* *#%%er *'e # ert!e&


45/74


46/74


47/74

+$st ,t" t"er !%#%es $t ,t" *e%&% t"e !%#%#* s&e ,t" t"e t"er s&es ! *e%ts

*es s t"#t t"e #% #"ee t"er #*s.

E%"#%e& #reer #%& em*me%t rt$%tes %


48/74

3inancial Planning #tandards Board India ,3P#B India) !!ers t"e ert!e&

3INANCIA) P)ANNERC Certification or C3PC ert!#t% 3rr#m' 3P#B I%

s t"e s*e *e%s% & t"#t #,#r&s C3PC ert!#t% % I% t"r$" #% #reeme%t

,t" $s #se& 3P#B *t&. T"e mss% ! I% s t "e* e%e!t t"e $* r#%t% t"e

C3PC ert!#t% #%& $"*&% t #s t"e re%=e& st#%r& ! ee**e%e !r 3ers%#*


49/74

Certification as 5er the certification 5olicies'

3inancial Planning #tandards Board India ,3P#B India- is a Pu"lic < Private e%terrse

#%& # 3r!ess%#* St#%r&s Sett% & t"#t r#te* $&es t"e &ee*me%t #%&

rmt% ! st#%r&s !r Region No' of C3P Certificates

4%


50/74

T e%e!t t"e $*


51/74

Cross/Border Use4

I! #% %&&$#* ,s"es t "*& "mse*! r "erse*! $t #s #


52/74

C+APTER'0

RE#EARC+ AN% ET+O%O)O*&

0'8 ET+O% O3 #TU%&

,A- Title of the #tudy

m#r#te #%#*ss ! #r$s !%#%#* %stt$t%s % t"e m#r'et.

,B- Ty5e of Research

T"s r+et s mre ! #% e*r#tr rese#r" ,t" mre ! >$#*t#te #%#*ss t"#%

>$#%tt#te. T"e t# **et% met"& !r t"s r+et e%s ,t" !%&% # s#m*e ! t"e

$*#t%. T"e $*#t% !r t"s r+et ,#s t"e #r$s *#es % Jai5ur' ,Johari BaGar.

I Road. Tonka Road. alviya Nagar and Jhotara Industrial Area- and at the

+%3Cslic. sche!e. Jai5ur'

T"e rese#r" met"&* #&te& ,#s t" rm#r #%& se%r. 3rm#r t# ,#s

**ete& t st$& t"e %estme%t s"e ! # ers% t"er r#te % s#% %estme%t

t%s ##*#*e #%& t"e %ee& ! !%#%#* %stt$t%s t m#%#e %&&$#*s ,e#*t".$est%%#re ,#s &es%e& t #sert#% t"e %estrs e"#$r #s ,e** #s t &et t"e

!$t$re rsets #%& r,t" mme%t$m ! t"e ,e#*t" m#%#eme%t %&$str.

52


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,C- #a!5le #iGe and !ethod of selecting sa!5le

%ata Collection ethods H Instru!ents

T"e %str$me%t !r t# **et% ,#s # str$t$re& >$est%%#re t#rete& t,#r&s e*e

," & %estme%ts. T"s >$est%%#re ,#s &es%e& t '%, t"e %estme%t s"e ! #

ers% ,"*e %est% % t"e !%#%#* r&$ts.

T"e m&e ! mm$%#t% ,#s %!rm#* 8 !re%&* %ers#t% ,"" &es %t *mt

&s$ss% ,t"% # ,e**-&e!%e& $%r.

%ata Collection #ources

I- Pri!ary Research

Rese#r" ,#s &%e t et # &et#* ere, ! t"e ,e#*t" m#%#eme%t %&$str #%& st$& t"e

%ee& !r !%#%#* *#%%er % t"e $rre%t se%#r. $est%%#re ,#s &es%e& t st$& t"e

%estme%t s"e ! # ers% t"er r#te % s#% &!!ere%t %estme%t t%s ##*#*e

#%& t"e %ee& ! !%#%#* %stt$t%s t m#%#e %&&$#*s ,e#*t". T"s r+et s m#%*

#se& % !rst "#%& ser#t% % t"e m#r'et t"e ,# !%#%#* *#%%% !$%t%s se !

!%#%#* *#%%% #%& t"e %ee& ! # ert!e& !%#%#* *#%%er'

ii- Fuestionnaire %esign

9 str$t$re& >$est%%#re ,#s &es%e& er% t" e% #%& *se e%&e& >$est%s t

st$& t"e eret% ! e*e re#r&% %estme%t #e%$es #%& t"e %et ! !%#%#*

*#%%er.

53


54/74

iii- Po5ulation considered for research

S#m*e Det#*s

100 e*e e*%% t &!!ere%t !e*&s ," & %estme%t ,ere #s'e& t !** t"e

>$est%%#re % t"e #ss ! ,"" #% #ttemt s m#&e t st$& t"e rsets !


55/74

#econdary Research

V#r$s s$res ! %!rm#t% ,ere **ete& !r #tt#%% *#rt % t"e rsets ! ,e#*t"

m#%#eme%t %&$str #%& t"e #r$s !%#%#* %stt$t%s % t"e m#r'et. T"e s$re #*s

%*$&es #s %estme%t +etes #%& t"e #r$s tes ! %estme%t #e%$es e% t #%

%&&$#*.

,eer t"e !**,% s$res ,ere %s&ere& !r %!rm#t% #t"er%:

m#%es ,estes

9rt*es #%& rerts ##*#*e % t"e ,e

Ne,s #ers *'e E%ms Tmes #%& I%estme%t I%s$r#%e M##=%es

C+APTER'9

55


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ANA)I# O3 T+E COPARI#ION

4e% e*, #re t"e r#"#* rerese%t#t%s ! t"e res%ses reee& % >$est%s #s'e&

t"r$" t"e >$est%%#re. T"e %terret#t% &ere& #%& t"e m&e* #&te& ,** e e*#%e&

% &et#* % t"e *#ter #rt ! t"e rert. O% #s'% t"e !**,% >$est%s t"e re*es ,ere

reee& #r&%*:

D'8' @hat is your o";ective "ehind invest!ents

I%est% s # %s$s &es% t set m%e #s&e !r # *% e%$" er&s % #% #e%$e

t"#t s$ts $r rs' r!*e. T"e >$est%%#re #s'e& t"e res%&e%ts t ree#* t"er +ete

e"%& %estme%ts m#+rt ! t"e res%&e%ts &s*se& r,t" ! #t#* #s t"er rme

+ete ,"*e s#!et ! #t#* st#%&s se%r. T"s res%se re!*ets t"e %estr

,**%%ess t t#'e #*$*#te& rs's !r r,t" ! t"er #t#*

O+ete Be"%& I%estme%t N ! Res%&e%ts (% )

4r,t" ! #t#* C6.2@

T# M%m=#t% 1C.05

S#!et ! #t#* 15.?

Retreme%t 1C.@@

L>$&t 2.C@

Be#t% I%!*#t% .1

Ot"ers .1

56


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$&t s t"e *e#st mrt#%t !#tr #s

%* 2.5 ! t"e res%&e%ts te& !r t ,"" s%!es t"#t t"e !%#%#* *#%%er s"$*&

&es%e& t"e rt!* % mre mrt#%e t r,t" #%& s#!et ! #t#* #s er

%&&$#* !%#%#* #*s ,"*e *>$&t s"$*& "#e t"e m%m$m !$s.

57


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I% $r s#m*e %!*#t% "#s %* ee% e% . ! t"e tt#* s#m*e ,"" re!*ets t"#t

e*e #re st** %t % m$" %s&er#t% t %!*#t% ee% &$e t # s"#r rse % t"e

%!*#t% r#te.

D'2' #ince hen are you investing in financial instru!ents

T"e res%&e%ts ,ere #s'e& #s !rm ,"e% t"e "#e st#rte& %est% % !%#%#* %str$me%t

s #s t #sert#% t"e #er#e er& ! eere%e ! #% %estr % t"e m#r'et.

T"e res%ses ,ere t"e% r#"#** ,"" %tes t"#t m#+rt ! t"e %estrs .e. [email protected]! t"e res%&e%ts "#e ee% %est% !r mre t"#% 12 m%t"s #%& s%!es t"#t t"e

res%ses ree#*e& #re !rm eere%e& #%& >$#*!e& %estrs ,"" #&&s t t"e re&*t

#%& re*#*t ! t"e rese#r".

M%t"s N ! Res%&e%ts (% )

Less t"#% m%t"s 10.@C

t 6 m%t" 1.25

6 t @ m%t"s A.6C

@ t 12 m%t"s [email protected]?

Mre t"#% 12 m%t"s [email protected]

5$


59/74


60/74

$est%%#re e%>$re& t"e res%&e%ts #s

#$t t"er r#te ! s#%s. T"e re#ter t"e %*%#t% ! s#% t"e mre ,** e t"e!$%&s ##*#*e !r %estme%t.

9r$%& C?.5 ! t"e res%&e%ts tr t s#e !rm t"er %me ,"*e %* 2A.? ! t"e

res%&e%ts #*,#s m#'e #% e!!rt t s#e sme #rt ! t"er %me.

O%% ! Res%&e%ts N ! Res%&e%ts (% )

D%t e*ee % S#%s 1.A@

" Ee%ses 1A.@

Tr t S#e C?.52

9*,#s S#e Sme 2A.?

Ot"ers .AA

6&


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$#%tt ! &s.

O% #%#*=% t"e *ee* ! mrt#%e t"e res%&e%ts e % s#% !r retreme%t m#+rt

.e. C? ! t"e res%&e%ts e sme mrt#%e ,"*e %* 1@ e # *t ! mrt#%e t

s#% !r retreme%t. T"s &ets %% ser$s #ttt$&e ! I%%s ,"*e *#%%% !r t"er

retreme%t.

61


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Sme C?

9 Lt 1@

Ver Ltt*e 1@

N%e 1?

Response on Savings o! Reti!ement

Some A Lot ery Little !one


63/74

3*#%%% !r retreme%t % e#r* #e ! em*me%t s &ete& % #%#*=% t"e res%ses #s

5.@ st#rt *#%%% e*, t"e #e ! 0 e#rs ,"*e C2.1 ! t"e res%&e%ts !ee* t"e &e#*

#e t e #e C0 e#rs.


Be*, 0 5.?A

1 K C0 22.11

C1 K 50 22.11

9e 50 20

Response on age p!ee!en"e to plan o! !eti!ement

"elow #$ #%- &$ &% - '$ Abov e '$


64/74

O% e%>$r% !rm t"e res%&e%t #$t ,"#t #re t"e !$%me%t#* se$re !rms !

%estme%ts 5.C ! t"e res%&e%ts !ee* t"#t %est% % rert s t"e s#!est !rm !

%estme%t !**,e& I%s$r#%e. T"e *e#st se$re& !rm ! %estme%t #s ree#*e&

res%&e%ts s %estme%t % e>$t #s se%r m#r'et s s$+et t "$e *#t*t 8

$%ert#%t.

It #% e see% !rm t"e res%se t"#t e*e #re mre ,**% t $t t"er m%e % rert

r re#* est#te % ste ! t"e e%m eere%% # m#+r *m % t"e rert res.

9$t 1C.C ! t"e res%&e%ts !ee* t"#t B#%' &ests s #*s t"e s#!e !rm ! %estme%ts

#s t es #ss$re& ret$r%s % t"e s$m %este&.


B#%' Dest 1C.?

3rert 5.

3st#* Dest ?.?@

4*& .5A

I%s$r#%e 15.5?

B%&s 12.5?

M$t$#* $t 2.AA

64


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66/74

9 ?

B#%' 1


67/74

C+APTER':


68/74

C+APTER

RECOEN%ATION AN% #U**E#TION#

O% st$&% t"e e$*#rtes ! t"e ,e#*t" m#%#eme%t %&$str #%& #%#*=% t"e res%ses

! t"e %estrs % t"er eret% #%& eet#t% !rm # !%#%#* #&sr t"e !**,%

%ts #re remme%&e& ,"" # e%er#* !%#%#* #&sr s"$*& %s&er ,"*e #r#"%

t"e e*e.

G"*e t"s s em% # $%ers#** $%&e%#*e &esre t"e !#t s t"#t sme e*e &%t

"#e t"e '%,*e&e #%& %*%#t% t $%&erst#%& t"e !%#%#* m#r'ets #%& t"ers &%t "#e

t"e tme t !**, t"em. T"s t"e% *e#&s t !%#%#* &es%s e% t#'e% %&&$#*s

#se& % et"er re*#t%s" "e#rs# r t"e s#*es #** ! # e%&r.

a- Un"iased Advisory

I%estme%t 9&sr Seres #re % t"s $s%ess ! m#%#% t"e #ssets ! %&&$#*s #%&

rr#t%s. ,eer t"e &st%t m&e* ! seres s"$*& e%#*es t"e #&srs t !!er

$%#se& #&se % t"e e%tre setr$m ! ers%#* !%#%e 'ee% t"e *e%ts %terest

!remst ,"*e &% s. T"e %estme%t str#tees &ee*e& #rss eret$t s"$*&

$t*%e # &et#*e& !%#%#* *#% ,t" !re>$e%t ree,s ! %estme%t &es%s m#&e t e%s$re

t"#t rt!*s #re % *%e ,t" ,"#t ,#s *#%%e&.

6$


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"- Certified 3inancial Planner


70/74


71/74

C+APTER D

CONC)U#ION

T"s #rt ! rese#r" #er &eterm%es t"e rsets ! !%#%#* #&srs % t"e m#r'et ,t"

re*e#%e t t"e %!rm#t% &ere& !rm #%#*ss ! t"e res%ses.


72/74


73/74

L%' :9**er 9&srs 3t Lt&

,,,.#**er#&srs.m/

L%': IDBI #t#*

,,,.t#*.m/

L%': B#+#+ #t#*: Ge#*t" M#%#eme%t 8


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Yes B#%' - G'e t"e !ree e%*e

"tts://e%.,'e.r/,'/&esWBank

htt54>>'yes"ank'in

htt54>>'citi"ank'co'in>

htt54>>'uti"ank'co!>

htt54>>'hs"c'co'in

htt54>>'religareealthcare'co!

htt54>>'hdfc"ank'co!

htt54>>'"a;a;ca5ital'co!

htt54>>'online'citi"ank'co'in
https://en.wikipedia.org/wiki/Yes_Bankhttps://en.wikipedia.org/wiki/Yes_Bank

Proj on Comparative Analysis on Various Financial Institution

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