Training Program on Basics of Banking and Credit products Class-2

RAMYA EDUCATION ENTERPRISES. Loans & Advance Management Software | Loan Tracking & Processing ....

Primary Business Activities of Banks Accepting Deposits Extending Loans and Advances.

Why should we lend?. To Earn Income for the bank. Create Economic assets and contribute for Economic development of the country. Contribute for Quality of living and improve Socio- Economic status of people ..

What Bank get’s from Lending?. Interest & Non Interest Income . Stable customer base. Stable Business mix. Return on Investment Contribution to Economic growth..

WHOM CAN WE LEND?. Individuals-. Should have attained majority (Above 18 years). Not Insane and have sound mind. Not insolvent & eligible to enter a valid contract. One or more individuals can join to borrow for a common purpose..

Joint Hindu Family or Hindu Undivided Family (H.U.F.).

Two or more individuals are associated to form a Partnership firm with a common objective of running a business and sharing the profits. As per Company’s act 2013, Minimum and Maximum number of Partners in a partnership firm is 2 & 100 . Registration of partnership firm is not mandatory but an unregistered partnership firm cannot sue others in a court of law..

It is a privately held business entity formed by Two or more individuals. Minimum number of members is 2 and Maximum is 200 . This type of business entity limits owner liability to their shares and restricts shareholders from publicly trading shares . No minimum capital requirement to set up Private Ltd company..

A public limited company is the legal designation of a limited liability company which has offered shares to the general public and has limited liability . Minimum number of shareholders is 7 and there is no limit on maximum number of shareholders . The company is run by Board of Directors. No minimum capital requirement to set up Private Ltd company..

WHOM CAN WE LEND?. Limited Liability Partnership.

WHOM CAN WE LEND?. Small Company. COURSE MATERIAL 1- INTRODUCTION TO CREDIT.

WHOM CAN WE LEND?. One Person Company. COURSE MATERIAL 1- INTRODUCTION TO CREDIT.

WHOM CAN WE LEND?. Small LLP. COURSE MATERIAL 1- INTRODUCTION TO CREDIT.

Trusts Societies Associations Limited Liability Partnerships Clubs Self Help groups Joint Liability groups.

One who is Legally Capable to Contract . Having valid KYC documents. Having right Purpose . Capable to infuse required Margin (Own Funds). Having Income streams or capability to generate required income by investing borrowed funds to meet repayment obligations. Capable to offer the Security insisted by the Bank..

A huge thank you to Boston Church Choir for their generous ....