trade n forex

7/29/2019 trade n forex

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SUMMER INTERNSHIP PROGRAM

at KOTAK MAHINDRA BANK on

Presented By:

SAVAN PATEL

11BSP1621


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Established on 21st November 1985

Started as Kotak Capital management Finance LTD.

Industrialists Harish Mahindra and Anand Mahindra tooka stake in 1986, and that's when the company changed its

name to Kotak Mahindra Finance Limited.

Chairman & MD : Uday Kotak.

In February 2003, license for Banking services. Within 6 years, 82 cities, 5.9 million Customers, 217

branches, 126 locations, 866 ATMs all over world.


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What is Trade?

Trade is the transfer of ownership of goods and

services from one person or entity to another by

getting something in exchange from the buyer. Trade finance is related to international trade.

In its simplest form, an exporter requires

an importerto prepay for goods shipped. The

importer naturally wants to reduce risk by asking

the exporter to document that the goods have been

shipped.


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What is forex?

The FOREX (Foreign market) market is the

market in which different currencies are traded. It

is the largest, most liquid financial market in theworld with an average traded value that exceeds

3.18 trillion per day.

Traders in foreign Exchange include large banks,

central bank, institutional investors,currencyspeculators, corporations,

government, other financial institutions, and retail

liability.


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TRADE PRODUCT RANGE

Export products

Handling of advance exportsExports bill collections

Export financing

Packing credit


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TRADE PRODUCT RANGE

Import product

Letter of credit

Handling of advance import bills

Handling bank to bank collection documents

Buyers credit


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RISKS IN INTERNATIONAL TRANSACTIONS

RISKS

COUNTRY RISKS

POLITICAL STABILITY

ECONOM IC ENVIRONM ENT

FOREX RISKSFOREIGN CURRENCY

VIOLATION

COMMERCIAL RISKS

INFORMATIONRELIABILITY

TRADE DISPUTE


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MODES OF

INTERNATIONAL TRADE


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SCHEDULE

Prepare Questionnaire

Analysis Of Database

Data Collection

Appointments Fixing Issues


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RESULTS

Irate

Satisfied

Expecting

irate

satisfied

expecting

7

15

12


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ACHIEVEMENTS

Lead generation of new customer : Bodekdev branch was

new so I was assign the task of lead generation of the trade

customers and I was able to generate 8 leads.

Analysis of the data given: I analyzed the datasheet of 400

firms by gaining an insight of their problems.

Issues Fixed: Almost all the issues were fixed of which the

data I had worked upon.

New accounts: Out of the 42 customers visited, 7 opened a

new account with KMBL.


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CONCLUSIONKotak Mahindra bank provides A wide range of

import and export related services.

Important role in international trade, providing

expert advice and secure options.

As the world progresses towards more flexible,

growth oriented funding sources, the demand for

these new methodologies has increased dramaticallyamongst exporters, importers and banks.


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trade n forex

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