The main difference between a cash finance and overdraft lies in the fact that cash finance is a bank finance used for long term by commercial and industrial concern on regular basis, while an overdraft is a temporary accommodation occasionally resorted to.
Favoritism and nepotism In the City branch during my internship I saw that when some of the employees are transfer to other places, due to their relation with influential people and with top management they can cancel their transfer in few weeks, when they are unsatisfied at that place.
Credit Monitoring The credit department of the bank should carries out vigilant credit monitoring. If loan officers perform well their duties means that screening of clients in well and efficient manner, they are appreciated by the Branch Manager and by completion of screening, every incentive is added in their monthly salary, so these are also the motivational factors for the employees working in NBP.
It is due to the economic recession that effect badly to the banking sector. Privatization policy and deregulation.
I saw that some of the employee worked like ants other sat idle starting here and there. Need of Qualified Staff Required, qualified staff should be provided to branch in order to improve the functioning of the branch. Sc in Math, Stats, and Economics with experience of 14 years.
Cash Financing In this mode of financing the amount of credit not utilized by the borrower is remained tax-free. NBP has always shown great generosity in times when a natural calamity strikes like the devastating earthquake in Balochistan or when it comes to rural development, children education and promotion of Sports.
Only due to customer satisfaction and trust on bank products NBP achieve very best performance with respect to its operational time or activation time. As an internee in National Bank of Pakistan the main focus of my study research was on general banking procedures in one of the branches of NBP.
The privatization drive has emerged as a strong tool of transformation, which is being recognized as an essential ingredient for the economic wellbeing. Number of employees should decrease or new branches should opens for the adjustment of these extra employees. We explain them one by one. Thereafter this sector has witnessed enormous growth.
When a borrower requires temporary accommodation his banker allows withdrawals on his account in excess of the balance, which the borrowing customer has in credit, and an overdraft thus occurs. It has provided generously to philanthropic causes whenever the need arose.
This chapter consisted on different analysis of NBP. In the Bank signed an agreement with Western Union for expanding the base for documented remittances. They should introduce various prizing schemes just like Allied Bank.
A critical analysis of the branch, its performance in terms of customer satisfaction, and at the end latest budget review of the branch. Every person cannot go to the manager for the complaint because most of the people are hesitant. Use goals and feedback. It has both contract as well as regular employees as it beliefs on the use of strangeness for the cross fertilization of ideas.
Issuing of travelers cheques and letter of credit to give credit facilities for travel. Inadequate IT training 5.
Stake holder is Govt. But when we talk about the promotion of lower level staff then they promoted on their deposits plus operational performance, that how well they manage their daily operational activities.
Every customer has its own ledger account and has separate ledger cards. It has redefined its role and has moved from a public sector organization into a modern commercial bank.
NBP offers the following forms of remittances. The bank uses outward clearing register for the purpose of recording all the details of the cheques that the bank has delivered to other banks.Aiou Internship Report.
My report is comprised upon four section 1st section denote the introduction of internship, and purpose of purpose, and 2nd is over all role and functioning of bank (Highlights the operations and functions of bank) and 3rd one is about NBP history, introduction, performance, etc and 4th section denote that policies and.
Bus- Report On Internship Introduction Internships provide real world experience to those looking to explore or gain the relevant knowledge and skills required to enter into a particular career agronumericus.comships are relatively short term in nature with the primary focus on getting some on the job training and taking what’s learned in the classroom and.
The report is based on my two months internship program in National Bank of Pakistan. The methodology reported for collection of data is primary as well as secondary data.
The biggest source of information is my personal observation while working with staff and having discussion with them. Allama Iqbal Open University Internship report Internship aiou reports. download internship reports aiou. download aiou internship reports.
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1 ALLAMA IQBAL OPEN UNIVERSITY Department of Library and Information Sciences MLIS Internship Report Format (MS Word processed, both sides, bottom. Aiou Internship Report Essay. My report is comprised upon four section 1st section denote the introduction of internship, and purpose of purpose, and 2nd is over all role and functioning of bank (Highlights the operations and functions of bank) and 3rd one is about NBP history, introduction, performance, etc and 4th section denote that policies and strategies of NBP and success - Aiou.Download