12971433 Standard Charted Bank

8/13/2019 12971433 Standard Charted Bank

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PROJECT REPORT

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ACKNOWLEDGEMENT

I would like to express my gratitude to almighty God without whose

blessing I wouldnt have been able to take initial step in this

research.

Words are insufficient to express my gratitude to Mr. Nitish ipankar

!my industry guide for his guidance and support in preparing this

pro"ect.

I would also like to thank my faculty guide whose support and

suggestions has helped me to complete this pro"ect successfully.

My sincere thanks to all those people who gave me their valuable

time and input by filling my #uestionnaires.

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http://www.standardchartered.com/


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$inally I would like to thank my parents! family members and friends

for their support.

DECLARATION

I hereby declare that the work presented in the pro"ect report! titled

%Investment &trategies and 'ortfolio Management was carried out by

me as a part of M() curriculum during * weeks summer training

program in the +rdsemester. ,he report is an authentic record of my

work carried out under the guidance of Mr. Nitish ipankar in

&tandard -hartered (ank. It is further declared that the report has

not been submitted earlier for any other degree or diploma.

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PREFACE

India is a developing country and we all know that banking sector plays a

very important role. In development with the increasing use of banking and

finance in every field, new trends in their technology and modern use are

being evolved day to day to meet the requirements. Infact !"#I"$% has

become the need of today.&he purpose of '()*+& (+')(& is to e-pose the students in the

market and in the field of banking, finance and investments and to develop

the ability in the students to deal with all types of customers.

'reparing proect report in the summer vacations and under going the

summer training is the indispensable part of the college period. It provides

the opportunity to review what we have gained in the training period and

also provides the way to convey the knowledge and ideas to others.

&he present proect provides the information on the STANDARD

CHARTERED BANK%.

/earning is not possible in solitude and has to have the support and able

guidance of some people around us in various roles and capacities. &he

satisfaction and euphoria that accompanies the successful completion of any

task would be incomplete without the mention of the people who made it

possible because success is the epitome of hard work, undeterred

missionary 0eal, fast determination, and consideration.

&herefore, we consider it a pleasant duty to e-press our heartiest

appreciation, gratitude, and indebtedness to our proect guide r. "itish


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ipankar for his keen interest, sincere e-tortion, invaluable and pain taking

e-cellent guidance, continuous calm endurance, inspiration and

encouragement during each phase of the present proect.

EXECUTIVE SUMMARY

In this proect, I have to study the most important products of banking

industry i.e. 4avings account, Insurance and utual 5unds . !fter

gaining appropriate knowledge of these products, I have to promote

the products of 4tandard hartered to the customers and try to

convince them to buy the products via e-plaining them its benefits. I

also have to prepare a questionnaire in order to understand the

customer psychology of investments and also get relevant

information required in the proect.

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INDEX

TITLE PAGE NO.

CHAPTER1 INTRODUCTION

/./ 0istory of (anking Industry *

/.1 0istory of &tandard -hartered (ank /2/.+ Introduction of the topic 13

CHAPTER-2 RESEARCH METHODOLOGY ++

CHAPTER-3 DATA COLLECTION +2

+./ &ources of data collection +4 +.1 'roducts of &tandard -hartered

5&avings )ccount +4 5 67I' 89 5Mutual $unds 8

CHAPTER- 4 ANALYSIS AND INTERPRETATION 29

CHAPTER- CONCLUSION 4

CHAPTER- APPENDIX *

REFERENCES *9

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CHAPTER 1INTRODUCTION

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1.1 Overview of the Banking System

6ntil the /329s! banking in India was carried on by a large number of

banks! many of them #uite small. India is still primarily an agricultural

country! with an economic and social structure based largely on the

village. ,he integration of banking has been impeded by poor

communications! by illiteracy! and by the barriers of language and

caste.

Modern banking in India is said to be developed during the (ritish

era. In the first half of the /3th century! the (ritish :ast India

-ompany established three banks ; the (ank of (engal in /*93! the

(ank of (ombay in /*89 and the (ank of Madras in /*8+. (ut in the

course of time these three banks were amalgamated to a new bankcalled Imperial (ank and later it was taken over by the &tate (ank of

India in /322. )llahabad (ank was the first fully Indian owned bank.

,he


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,he headed by a

Governor? appointed by the -entral Government. It issues guidelines

for the functioning of all banks operating within the country.

'ublic &ector (anks

a. &tate (ank of India and its associate banks called the &tate

(ank Group

b. /3 nationali=ed banks

c.


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N)()individual! groups or whatever the case may be? can easily process

transactions as and when re#uired. ,he most common services

offered by banks in India are as followB

(ank accounts B It is the most common service of the banking

sector. )n individual can open a bank account which can be

either savings! current or term deposits. 7oans B Cou can approach all banks for different kinds of loans.

It can be a home loan! car loan! personal loan! loan against

shares and educational loans.

Money ,ransfer B (anks can transfer money from one corner of

the globe to the other by issuing demand drafts! money orders

or che#ues.

-redit and debit cards B Most banks offer credit cards to their

customers which can be used to purchase products and

services! or borrow money.

7ockers B Most banks have safe deposit lockers which can be

used by the customers for storing valuables! like important

documents or "ewellery.

(anking service for N


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R!"!#$! %&'( )* I'+,& R%I.

,he central bank of the country is the


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system as it exists today is known as the minimum reserve system.

%&'(!# ) G)$!#'!'

,he second important function of the


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C)'#)55!# )* C#!+,

,he


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li#uidity of their assets! management and methods of working!

amalgamation! reconstruction! and li#uidation. ,he


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1.2 istory of Stan!ar! "hartere!

,he &tandard -hartered Group was formed in /343 through a

merger of two banksB ,he &tandard (ank of (ritish &outh )frica

founded in /*4+! and the -hartered (ank of India! )ustralia and-hina! founded in /*2+.

(oth companies were keen to capitali=e on the huge expansion of

trade and to earn the handsome profits to be made from financing

the movement of goods from :urope to the :ast and to )frica.

T! C!#!+ %&'(

$ounded by Eames Wilson following the grant of a (ombay?!

-alcutta and &hanghai in /*2*! followed by 0ong Dong and

&ingapore in /*23

,raditional business was in cotton from Mumbai >(ombay?!

indigo and tea from -alcutta! rice in (urma! sugar from Eava!

tobacco from &umatra! hemp in Manila and silk fromCokohama

'layed a ma"or role in the development of trade with the :ast

which followed the opening of the &ue= -anal in /*43! and the

extension of the telegraph to -hina in /*/

In /32 -hartered (ank bought the :astern (ank together with

the Ionian (anks -yprus (ranches. ,his established a

presence in the Gulf

T! S&'++ %&'(

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$ounded in the -ape 'rovince of &outh )frica in /*41 by Eohn

'aterson. -ommenced business in 'ort :li=abeth! &outh

)frica! in Eanuary /*4+

Was prominent in financing the development of the diamond

fields of Dimberley from /*4 and later extended its network

further north to the new town of Eohannesburg when gold was

discovered there in /**2

:xpanded in &outhern! -entral and :astern )frica and by /32+

had 499 offices

In /342! it merged with the (ank of West )frica expanding its

operations into -ameroon! Gambia! Ghana! Nigeria and &ierra7eone

In /343! the decision was made by -hartered and by &tandard to

undergo a friendly merger. )ll was going well until /3*4! when a

hostile takeover bid was made for the Group by 7loyds (ank of the

6nited Dingdom. When the bid was defeated! &tandard -hartered

entered a period of change. 'rovisions had to be made against third

world debt exposure and loans to corporations and entrepreneurs

who could not meet their commitments. &tandard -hartered began a

series of divestments notably in the 6nited &tates and &outh )frica!

and also entered into a number of asset sales.

$rom the early 39s! &tandard -hartered has focused on developing

its strong franchises in )sia! the Middle :ast and )frica using its

operations in the 6nited Dingdom and North )merica to provide

customers with a bridge between these markets. &econdly! it would

focus on consumer! corporate and institutional banking! and on theprovision of treasury services ; areas in which the Group had

particular strength and expertise.

In the new millennium we ac#uired Grindlays (ank from the )NK

Group and the -hase -onsumer (anking operations in 0ong Dong

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in 1999.

S&'++ C!#!+ 5!&+,'8 ! 9&7

&tandard -hartered '7- is listed on both the 7ondon &tock

:xchange and the 0ong Dong &tock :xchange and is consistently

ranked in the top 12 among $,&:5/99 companies by market

capitali=ation.

&tandard -hartered has a history of over /29 years in banking and

operates in many of the worldFs fastest5growing markets with an

extensive global network of over /!899 branches >including

subsidiaries! associates and "oint ventures? in over 29 countries in

the )sia 'acific


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(anking customers worldwide! the (ank combines deep local

knowledge with global capability to offer a wide range of innovative

products and services as well as award5winning solutions.

,rusted across its network for its standard of governance andcorporate responsibility! &tandard -hartered takes a long term view

of the conse#uences of its actions to ensure that the (ank builds a

sustainable business through social inclusion! environmental

protection and good governance.

&tandard -hartered is also committed to all its stakeholders by living

its values in its approach towards managing its people! exceeding

expectations of its customers! making a difference in communities

and working with regulators.

E"&:5,"!' )* S&'++ C!#!+ %&'( )/'+ ! 9)#5+

Country Year Estab!s"e# Country Year Estab!s"e#


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acau

?imbabwe 19:2 &aiwan 1:96

&he $ambia,

4ierra /eone,

&hailand

19: ameroon 1:97

$hana 19:7 "epal 1:98

otswana 19:8 >ietnam 1::;


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access to your

money through a

variety of

channels.

ii? $


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invest a fixed

amount of money

every month in

specific portfolio.

iii?Globally valid

),M5cum5ebit

card.

iv?'hone (anking

v?@nline (anking

d?)asaan)ccount

It is a basic! nomaintenance and

hassle free

savings account.

i?No minimumbalance re#uired.

ii?6nlimited free

access to &-(

),Ms.

iii?International

ebit -ard

iv?'hone (anking

v?@nline (anking


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o @ne5stop shopping for both life and general insurance

protection

o -omprehensive range of products to suit every stage of your

life... from childhood to retirement

o edicated insurance $inancial &ervices -onsultants from (a"a"

)llian= 7ife Insurance -ompany to provide $


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-reating a diverse and inclusive workplace that encourages

our employees to achieve their potential and support our

growth

P#,)#,,!" & S&'++ C!#!+

)t &tandard -hartered! we believe that our future success depends

on our ability to deliver a sustainable business. @ur Fbuilding a

sustainable businessFstrategy will help us take a long5term view of

the implications of everything we do. ,his means taking responsible

decisions that benefit our business! the economy! society and the

environment ; and build the trust of all our stakeholders.

@ur Fbuilding a sustainable businessF strategy explicitly recogni=es

seven areas where we and our stakeholders believe we are most

likely to make the greatest contribution to sustainability.

,hey areB

S/"&,'&:5! 5!'+,'8; making sure when we lend money we

are aware of the environmental! social and governance risks

attached to such decisions and that we take steps to addressthem

T&0(5,'8 *,'&'0,&5 0#,!; making sure that we have the right

systems in place to detect such things as fraud and money

laundering and exceed! rather than simply meet! increasingly

stringent legal re#uirements in this field

A00!"" ) *,'&'0,&5 "!#$,0!"; making sure we develop new

ways for those deprived of banking services to get proper

access to finance so that they can improve their standard of

living and economic independence

R!"6)'",:5! "!55,'8 = (!,'8 ; making sure we treat

customers fairly and set the highest standards in service and

transparency

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P#)!0,'8 ! !'$,#)'!' ; making sure we not only

minimi=e our own direct impact on the environment but support

others! such as customers! to do the same. We also want to

support the development and commerciali=ation of

technologies and schemes that tackle environmental threats

like climate change

G#!& 65&0! ) 9)#(; making sure that with our people! who

represent over /99 nationalities from over 29 countries! feel

valued! included and engaged. WeFre determined to attract!

develop and retain the best people and to leverage the

strength the diversity of our people brings! which is an

incomparable advantage

C)/',7 ,'$!"!' ; making sure we involve our

employees and utilise our core expertise! networks and

resources to help communities develop and economies to grow

G)$!#'&'0!

,he governance structure we have set up for &ustainability provides

strategic direction for the (ank and ensures we continue to make

progress with our approach to sustainable development.

,he -orporate


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,he -ommittee is chaired by Mervyn avies! the Group -hairman!

and meets #uarterly. It drives the &ustainability agenda at &tandard

-hartered and is responsible for responding to issues coming out of

new &ustainability legislation! regulation! stakeholder guidance and

reporting and for making sure our activities are aligned with ouroverall business strategy. It also ensures we publish a &ustainability

report! supported by accurate data! each year! in line with best

practice.

) dedicated &ustainability team! based in the 7ondon office!

supports the -ommittee! the (usiness and other Group functions.

,he role of the team is to talk with stakeholders! monitor good

practice and flag up potential trends and emerging issues. It co5ordinates the collection of data and is responsible for our annual

&ustainability


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7iving with 0IJ )dvisory -ommittee

-ommunity 'artnership (oards

(ecause our business is spread across the globe in very differentmarket places! each -ountry 0ead is responsible for identifying and

responding to local &ustainability issues. It is the responsibility of

each business unit to adhere to policies that have been set on a

global basis. Where local standards exceed group set policies! the

higher standard is adopted.

E'8&8!!'

0elping stakeholders understand the way we operate and the

challenges we face is fundamental to making progress with our

Fbuilding a sustainable businessFstrategy.

:ngagement is a word used by many organi=ations! but it means

something very specific to &tandard -hartered. It is the way we go

about communicating with three distinct but interconnected

audiencesB

O/# )9' !65)7!!"; we want them to really understand

what (uilding a sustainable business means

P!)65! &'+ )#8&',>&,)'" & /"! )# ,'*5/!'0! )/#

6#)+/0" &'+ "!#$,0!"; we want to work closely with them to

develop and promote sustainable services

P!)65! &'+ )#8&',>&,)'" & &$! ! 6)9!# ) &(! &

9,+!# +,**!#!'0!; we want to use our geographic reach to

promote the need for sustainable development

We have been working on our stakeholder engagement programme

for some years. Work in this area has recently increased as continue

to build a clearer picture of our global stakeholder audience including

government departments and agencies! socially responsible

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investors! academic institutions! business associations and non5

governmental organisations. In 1994 we invited 49 of our key

stakeholders to help us develop our Fbuilding a sustainable businessF

strategy. ,heir contributions ; many of which are included in our

1994 &ustainability


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@ffering structured investments

Investments in e#uity

Investments in hybrid structures

A""! M&'&8!!'monitoring and recovery? for single assets

and portfolio investments. ,he (ank has a successful track record of

managing and resolving non5performing loans.

C)#6)#&! A+$,")#7


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with investment banks! financial institutions! brokers and value

investors provides a valuable source of investors. We utilise superior

information to maximise value for our clients.

P)",,)','8


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fund! securities market related instruments like shares! bonds!

debentures etc.

,ypes of Investments >period specific?

/. &hort ,erm Investment5 ,he investment period is usually less

than a year and it provides li#uidity to the investor.

a? &avings (ank )ccount5 It is most often the first banking

product that people use. ,his offers them interest >85

2 p.a.? which is better than idle money.

b? Money Market of 7i#uid $unds5 ,hese are speciali=ed

form of mutual funds that invest in extremely short5term

fixed income instruments and also provides li#uidity. It

focuses on protecting your capital and then on making

returns. ,hese are a better source of investment than

savings account but lower than fixed deposits.

c? $ixed eposits with (anks5 )lso known as term deposits

and the minimum investment period with banks $ is +9

days. It is for those investors who are risk averse and it

provides higher rate of return than money market

instruments.

1. 7ong ,erm Investment 5 ,he investment period is more than a

year and the returns are much higher than short term

investments. 7ong term instruments are less li#uid than short

term investments.

a? 'ost office savings5 ,he post office monthly income

scheme is a risk saving instrument! which can be availed

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through any post office. It provides an interest rate of *

per annum! which is paid monthly! minimum amount!

which can be invested is


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e? Mutual funds5 ,hese are funds operated by an

investment company which raises money from the public

and invests in a group of assets shares! debentures etcO

in accordance with a stated set of ob"ectives .It is asubstitute for those who are unable to invest directly in

e#uities or debt because of resource! time or knowledge

constraints. (enefits include professional money

management! buying in small amounts and

diversification. Mutual fund units are issued and

redeemed by the fund management company based on

the funds Net )sset Jalue N)JO! which is determined at

the end of each trading session. Mutual funds are usuallylong terms investment vehicle though there some

categories of mutual funds! such as money market

mutual funds which are short term instruments.

About Portfolio

) portfolio is a combination of different investment assets mixed andmatched for the purpose of achieving an investors goals. ) portfolio

may contain items like shares! debentures! bonds! any asset you

own! mutual funds to items such as gold! art! real estate.

@ne must have variety of investments within a portfolio in order to

diversify market risk. ,he portfolio should be designed in such a way

that it minimi=es the impact of one security on overall portfolio

performance.

)dvantages of having a iversified portfolioB

ecline in any one security will not affect the entire portfolio

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Investments across various types of assets and markets will

reduce the risk of entire portfolio getting affected by the

adverse returns of any single asset class.

CHAPTER $ %RESEARCH

&ETHODO'O(Y

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R!"! M!)+)5)87

@(E:-,IJ:

,o understand the basics of investment and various

alternatives that are available with the investor.

)lso to understand the customer psychology of investments

and what are the various ob"ectives behind the investment.

,C': @$


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1. &econdary data. ,he ma"or source of secondary data was the

reference books and companys website. ,he companys

articles and maga=ines were also referred to for the

information.

CHAPTER)*DATA CO''ECTION

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a< AX0!""P5/"

Get instant cash at over 19!999 ),Ms across India and over

/9!99!999 ),Ms across the world through the Jisa network. )nd get

a globally valid ebit -ard that lets you shop at over +!14!999 outlets

in India and at over /8 million outlets across the world.

P $-ash withdrawal and

balance en#uiry?

P $


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'arivaar is much more than a regular &avings )ccount. It allows you

maintain your individual identity while allowing you to tap your

familyFs financial strength. It also offers attractive insurance options

to protect against unforeseen events and the facility of &ystematic

Investment 'lan >&I'?! a uni#ue long5term wealth building tool.

Cour family can maintain individual savings accounts with the

benefit of clubbing balances in grouped accounts.

)nytime! anywhere access to accounts through ),Ms! 'hone

(anking and InterNet banking.

@ption of &ystematic Investment 'lan >&I'?! a well known long

term wealth building tool that allows you to invest a fixedamount of money every month in specific mutual funds. ,his

comes with a direct debit facility and avoids the need to

remember dates and write che#ues every month.

Globally valid ),M5cum5debit card can be used at 22!999

merchant outlets in India and /1 million outlets worldwide.

c. N) F#,55" A00)/'

Cou can now open an account with &tandard -hartered (ank! with

an average #uarterly balance of as low as


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)nywhere banking ; )ccess your account from any branch of

&tandard -hartered (ank.

)ccess to 'hone (anking and Internet (anking

$ree -he#ue deposit at any &-( (ranch or ),M.

:ligibility criteria

,his account is available to individual


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:xtended banking hoursQ

7ocker facilityQ

oorstep banking

,o open an aa&aan account! you have to initially fund the account

with


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'lus H 86;H

1;;; 'ro H 86; 4uper >alue H 126;

a- H 1;;;H

16;; !ce H 12;; "o frills H 1;;

Issue of debit card es es es es es

!nnual ebit card

charges :: 6;;

$lobal H

1;;

19; J

&a-es 4hop 4mart H 2;;

$old H 8::

raft harges Kper

thosandE ;H66


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7ife insurance also triples up as an ideal tax5saving scheme. ,o

know more! read the Dey (enefits of 7ife Insurance.

K!7 %!'!*," )* L,*! I'"/#&'0!

7ife insurance! especially tailored to meet financial needs

N!!+ *)# L,*! I'"/#&'0!

,oday! there is no shortage of investment options for a person to

choose from. Modern day investments include gold! property! fixed

income instruments! mutual funds and of course! life insurance.

Given the plethora of choices! it becomes imperative to make the

right choice when investing your hard5earned money. 7ife insurance

is a uni#ue investment that helps you to meet your dual needs 5

saving for lifeFs important goals! and protecting your assets.

A""! P#)!0,)'

$rom an investorFs point of view! an investment can play two roles 5

asset appreciation or asset protection. While most financial

instruments have the underlying benefit of asset appreciation! life

insurance is uni#ue in that it gives the customer the reassurance of

asset protection! along with a strong element of asset appreciation.

,he core benefit of life insurance is that the financial interests of

ones family remain protected from circumstances such as loss of

income due to critical illness or death of the policyholder.

&imultaneously! insurance products also have a strong inbuilt wealth

creation proposition. ,he customer therefore benefits on two counts

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and life insurance occupies a uni#ue space in the landscape of

investment options available to a customer.

G)&5 :&"!+ "&$,'8"

:ach of us has some goals in life for which we need to save. $or a

young! newly married couple! it could be buying a house. @nce! they

decide to start a family! the goal changes to planning for the

education or marriage of their children. )s one grows older! planning

for oneFs retirement will begin to take precedence.

-learly! as your life stage and therefore your financial goals change!

the instrument in which you invest should offer corresponding

benefits pertinent to the new life stage.

7ife insurance is the only investment option that offers specific

products tailormade for different life stages. It thus ensures that the

benefits offered to the customer reflect the needs of the customer at

that particular life stage! and hence ensures that the financial goals

of that life stage are met.

,he table below gives a general guide to the plans that areappropriate for different life stages.

L,*! S&8! P#, N!!+L,*! I'"/#&'0!

P#)+/0

Coung R

&ingle)sset creation

Wealth creation

plans

Coung REust married )sset creationR protection

Wealth creation

and mortgageprotection plans

Married with

kids

-hildrenFs

education!

)sset creation

and protection

:ducation

insurance!

mortgage

protection R


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wealth creation

plans

Middle aged

with grownup kids

'lanning for

retirement R

asset

protection


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T! K!7 F!&/#!" )* ! N!9 U',G&,' S/6!# P5&' ! B

P It is a unit linked plan with minimum term of /9 years and maximum

maturity

age 9

P Guaranteed death benefitP Cou have the option to choose a host of additional benefits

>


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(a"a" )llian= New 6nitGain &uper offers you a choice of + funds. Cou

can choose to invest fully in any one fund or allocate your premiums

into the various funds in a proportion that suits your investment

needs.

,he six funds offered are as underB

1


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(ank eposits and Money Market

Instruments

9519

Not more than 19 of the

apportioned premium can be put

in this fund

*95

/99

4< A""! A55)0&,)' F/'+5


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%!'!*,"

,he reason that mutual funds are so popular is that they offer the

ability to easily invest in increasingly more complicated financialmarkets. ) large part of the success of mutual funds is also the

advantages they offer in terms of diversification! professional

management and li#uidity.

In M$s! the risk involved decreases and the return increases

because of diversified pool of funds.

It is the cheapest of all investments. (ut if you invest throughbroker then you have to any 1.2 of the total investment but if

you invest directly into the company no entry charges will be

taken.

,here is no lock in period in case of M$s but if you divest toyur

investment within a period of /year then you will have to pay

an exit load between /51.

,ax &aving is another benefit given to the investors.

F5!?,:,575 Mutual $und investments also offers you a lot of flexibility

with features such as systematic investment plans! systematic

withdrawal plans R dividend reinvestment.

A**)#+&:,5,7 5 ,hey are available in units so this makes it very

affordable. (ecause of the large corpus! even a small investor can

benefit from its investment strategy.

L,;/,+,7 5 In open ended schemes! you have the option of

withdrawing or redeeming your money at any point of time at the

current N)J

6;


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D,$!#",*,0&,)'5


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CHAPTER)/

ANA'YSIS 0

INTERPRETATION

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ANALYSIS AND INTERPRETATION

A1. What is your age groupV

)ccording to the survey! maximum number of people belong to the

age group of /*512 years. &o we can say that most of the

respondents will be willing to take risk and make investments in the

market instruments with moderate risk.

63

D,"#,:/,)' )* R!"6)'+!#" A8! 8#)/6"

a? /*512 yrs

28

>b? 125+2 yrs

11

>c? +2582 yrs

/9

>d? S 82 yrs

/8


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A2. What is your @ccupationV

,he above graph shows the occupation of the sample respondents.

29 of the respondents belong to the category of salaried

employees.

/4 of the respondents are into (usiness.

/8 of the responds are self employed and the rest 19 into other

occupation.

6


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8. What is your ob"ective behind InvestmentsV

)ccording to the graph! the basic ob"ective of most of the people

behind investments in ,ax benefits followed by good returns. It is

really important for the investor to get good amount of profits on hisinvestment. ,he next possible reason for investment is future plans

for themselves and their family. Jarious other reasons for

investments include safety and security of capital and managing

uncertainties.

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A6. 0ow do you take financial decisionsV

sources of decision

11

13/1

*

3

/3/ >a? Independently

>b? Word of mouth

>c? (roker

>d? )dvise from a -)

>e? )dvise from a (ank

>f? $inancial )dvisors

>g? @thers >please specify?

)ccording to the survey! 13 i.e. maximum no. of respondents take

their financial decisions based on others opinion i.e. word of mouth.

11 of the total respondents take their financial decision

independently. ,hey take this decision based on their owninterpretation and calculations.

/3 of the respondents take their financial decisions with the help of

financial advisors.

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/1 of the respondents take their financial decision based on the

interpretation of the broker.


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A8. What do you have presently in your portfolio in form of

investmentV

*,'&'0,&5 6#)+/01"

+1

1.

19

/+

88

8

1814

9

>a? $ixed deposits >b? 'ropertyA7and >c? 6lip >d? Gold >e? 7ife insurance

policies

>f? Government

bonds

>g? Mutual funds >h? :#ui tyA&hares >i? @thers

$,)/" *,'&'0,&5 6#)+/01" *)# ,'$!"1!'1"

N)ery 'oor

RE+ERENCES

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R!*!#!'0!"

/. Website

www.standardchartered.org

1. (ooks

Money and (anking5 I-$)I

Indian $inanacial Management5 M.C. khan

$inanacial Management5 &.N. Maheshwari

N-$M5 $inancial (eginners Module

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12971433 Standard Charted Bank

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