Proposal internship
- 1. 1 | P a g e 1. Introduction 1.1. Title of the Study General Banking Activities of Bangladesh Small Industries and Commerce Bank Limited (BASIC ) 1.2 Profile of the Organization Banking structure is changing day by day and the far-reaching program of economic reform is carried out towards efficient utilization of scarce resources and the development of private entrepreneurship. Competition is strengthened by the entry of new and innovative providers of financial services through the development of Money Market and Capital Market. Under the ongoing financial liberalization program, the BASIC Bank Ltd emerged as a fast growing leading and prominent bank in the private sector to operate on the commercial arena of Bangladesh. The bank has been sponsored by a group of renowned personalities from the field of trade, commerce and industries including some eminent entrepreneur. Highly skilled professionals having wide experience in domestic and international banking manage the bank. The BASIC Bank Ltd has already occupied a challenging position among its competitors after achieving success in all areas of banking operation. It offers all kind of commercial, corporate and personal banking services covering almost all segments of the society. To serve the customers through capacity
- 2. 2 | P a g e building across multi delivery channel is one of the main strategies of the BASICBL. The bank is gradually expanding branch for coming nearer to its customers for providing various convenient services. Thus, in the local market the operation of the BASICBL is highly appreciated for its customer oriented focus. 1.3 Rationale of the Study To know the in’s and out’s of General banking. We know that in whatever career we are in, we need to do banking transactions in one way or the other. So knowing more about general banking will help me in knowing my banking transactions better than usual. When I start my career in any organization I need to go through banking transactions, knowing more about General Banking helps me to do transactions logically and smoothly because of the knowledge I have gained and its various aspects. My report on General Banking will help students who would want to do an internship on General Banking or can be a help to the students of the course Banking. I will also be able to suggest my friends & family to do better transactions with the bank from now on & as business organization belong the the society, friends & family can benefit those organizations by doing banking transactions faster and error free 2. Statement of the Problem I had to face a lot of problems during the making of this report. When preparing the report I have faced the following problems.
- 3. 3 | P a g e 3 months or 12 weeks given time is not enough to understand the overall General Banking operations of a commercial bank. I have no experience in making a internship report, so this is one of the main constrains of the study. Bank’s Policy of not disclosing sensitive data for some obvious reasons are also a major problem. pressure of work as it the regional head office is also considered a problem when making this. The banks officials are often busy with the s report. 3.0 Scope of the Study This report has been prepared through extensive discussion with the bank employees, clients and officers and on the information gathered from the annual report, prospectus and the website of Bangladesh small industries and commerce Bank Limited, Dilkusha branch. I have got the great opportunity to have an in-depth knowledge of the General Banking system of BASICBL. The scope of this report is not only limited to the General Banking system. 4.0 Limitation of the Study The objective of this study is to earn real life practical experience in Banking System. It Requires long time to acquire to the real experience. Time limitation is the main constrain in
- 4. 4 | P a g e this respect. The lack of available of data is another limitation. Maximum of banking activity are practical. . Just reading the manual is not enough. To earn such practical experience, it requires working with those events. The main limitations are as: Time constrain Banking people are very busy. Sometimes it seems hard to get their attention Lack of published relevant documents Some information is confidential-not open to public 5.0 Objectives of the Study: Every task has a particular aim. A study without objectives cannot reach the destination. My internship program was also directed to some particular targets. The main objective of this study is “The General banking Procedures of BASIC Bank Limited”. For searching the overall customer related job I had to find out the general Banking procedure at this branch. So the objectives of the study conducted in the BASIC Bank Limited are mentioned below: To know about the general banking system of BASICBL. To identify the problems of general banking of the bank. To apply theoretical knowledge in the practical filed.
- 5. 5 | P a g e 6.0 Methodology of the study: From my educational background I have learned different methodology in Business & Marketing research process. So, in this study I had the opportunity to implicate my education knowledge in practical field. Data Collection: In this report both primary and secondary data are collected. Primary Sources of data: 1. Personal interview – Face-to-Face conversation and in depth interview with the officers of the branch. 2. Observation – Observing the procedure of banking activities followed by each department. Secondary Sources of data: 3. Relevant documents related to the study as provided by the officers. 4. Annual report (2013 & 2014) Bangladesh small industries and commerce bank limited. 5. Circulars Published by Bangladesh Bank. 6. Different publication regarding Banking function.
- 6. 6 | P a g e 7. Websites of the bank is also used as major sources. 7.0 Time line of Activates: For the fulfillment of the desired purpose following working days are spend to various department: September 6,2015 Orientation September 7,2015 General Banking October 20,2015 Credit & Advance Oct 25,2015 Proposal Submit November 14,2015 First Draft November 30,2015 Final Report