08-17-2017, 12:34 AM
PRESENTS BY:
HARSUKH SIMRAN
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INTRODUCTION
The HDFC (housing development finance corporation limited) bank was incorporated in august 1994.
The authorized capital of HDFC bank is 5.5 billion.
HDFC bank headquartered is in Mumbai.
HDFC bank has an present 1229 branches in 444 cities
Objectives
To study the brand image of the bank.
To find the different way of convincing customers.
To ensure planning for future by setting up various budgets. The requirements and expected performance of the enterprise are anticipated.
Swot analysis of hdfc bank
Strengths
right strategy for the right products
Great brand image
Good place to work
weakness
customers service staff needs a training
Opportunities
Profit margins will be good.
Could extend to overseas broadly
Threats
Very high competition prevailing in the industery.
Lack of infrastructure in rural areas could constraints investment
Budgets
A budgets is systematic plan for the utilization Of manpower and material resources.
In a business organization , a budgets represents an estimate of future costs and revenues In short term.
A budgets is a financial expression of management decision or plans for the future.
Purpose of budgets
Budgets is used to plan and coordinate the overall activities of the firm.
Essential elements of budgets
plan
Financial terms
Operations and resources
Specific future period
Coordination
Characteristics of Good Budgeting
Proper fixation of authority and responsibility.
the delegation of authority should be done in proper way.
The targets of the budgets should be realistic
Good system of accounting
The employees should be imparted budgeting education.
Advantages of budgets
It brings efficientency and improvement.
Motivating managers to achieve the goals.
It serves as a benchmark for controlling on going operations.
It helps in developing a team spirit.
It helps in reducing wastage and losses.
Finding
To make people aware about the benefit of becoming a customer of hdfc
The bank should provide life time ATM card to all its customers
Make people understands about the various benefits of its products
Company should open more branches in different cities.
