RVAGIL & ITS BANKING AFFAIRS

Banking industry plays a very vital role in the smooth running of any organization.
Banks are the ones who provide the business with all the basic financial & moral
support.

The Banking affairs of RVAGIL are taken care of by The Union Bank Of India
which is the sole Banker for RVAGIL providing all the necessary banking support
to the company. Union Bank of India is firmly committed to consolidating and
maintaining its identity as a leading, innovative commercial Bank, with a proactive
approach to the changing needs of the society. This has resulted in a wide gamut of
products and services, made available to its valuable clientele in catering to the
smallest of their needs. Union Bank is a Public Sector Unit with 55.43% Share
Capital held by the Government of India. The Bank came out with its Initial Public
Offer (IPO) in August 20, 2002 and Follow on Public Offer in February 2006.
Presently 44.57 % of Share Capital is presently held by Institutions, Individuals
and Others.

There are 3 major services that Union Bank provides the company with:

• Bank Guarantee
• Cash Credit Limit
• Bills Discounting Limit

Bank Guarantee

A guarantee from a lending institution ensuring that the liabilities of a debtor will
be met. In other words, if the debtor fails to settle a debt, the bank will cover it. A
bank guarantee enables the customer (debtor) to acquire goods, buy equipment, or
draw down loans, and thereby expand business activity. A bank guarantee is a
guarantee made by a bank on behalf of a customer (usually an established
corporate customer) should it fail to deliver the payment, essentially making the
bank a co-signer for one of its customer's purchases.
A bank guarantee is more risky for the merchant and less risky for the bank.

A letter from a bank guaranteeing that a buyer's payment to a seller will be

received on time and for the correct amount. In the event that the buyer is unable to
make payment on the purchase, the bank will be required to cover the full or
remaining amount of the purchase.

RVAGIL maintains a Bank Guarantee Limit of Rs.25 Crores with the Union Bank.

Cash credit limit

A secured working capital loan, given on the basis of turnover and debtors and
creditors and stock in hand, security of property required. With many of the
advantages of a standard line of credit, cash credit is the issuance of a short term
cash loan to a business. A cash loan of this type if often utilized to meet the
expenses associated with a specific task or project, with repayment expected within
a period of one year or less. Successfully receiving cash credit and paying off the
loan within terms can open the way for the business to be extended a more liberal
line of credit for future use. Cash credit works in a manner that is very similar to
that of a line of credit. The difference is that cash credit establishes a cash account
with the lender institution that can be drawn upon by the debtor. This is different
from a conventional loan, in that the debtor does not have to receive the entire
amount of the loan at one time. Cash credit is also different from a line of credit, as
the amount of resources extended are pre-approved and the repayment schedule is
the same whether the debtor is actively using the cash credit or not.
As with many types of financial assistance, cash credit is extended under terms that
are set and controlled by the institution that provides the loan. Typically, cash
credit involves the presentation of some form of security in order to be cover the
amount of cash credit that is extended by the bank or loan agency. The security of
collateral remains accessible to the lender until the cash credit is repaid in full.

RVAGIL maintains a Cash Credit limit of 25 Crore with Union Bank.

Bills discounting limit

While discounting a bill, the Bank buys the bill (i.e. Bill of Exchange or
Promissory Note) before it is due and credits the value of the bill after a discount
charge to the customer's account. The transaction is practically an advance against
the security of the bill and the discount represents the interest on the advance from
the date of purchase of the bill until it is due for payment.

RVAGIL maintains a Bill Discounting limit of Rs.15 Crore with Union Bank.

As far as the Insurance needs are concerned, IFFCO TOKIO General Insurance
Company Ltd. takes care of the same.

IFFCO TOKIO is one of the leading insurance companies of India. It offers

products and services to the individuals to make their life simplified and easy.
IFFCO TOKIO General Insurance is a joint undertaking between Tokio Marine
and Nichido Fire Group and The Indian Farmers Fertilizer Co-operative (IFFCO).

IFFCO TOKIO was established on December 4, 2000. It has its head office at
Gurgaon, Haryana. It is counted amongst the three leading private insurance
companies. There are almost 100 branch offices that are spread all over the
country.

This General Insurance company offers a range of 40 policies that are made
keeping in mind the requirements of all types of customers. IFFCO TOKIO is
basically a people’s company. It offers simplified services to help even a layman
with best quality insurance products.

IFFCO TOKIO General Insurance maintains the financial principles of the Millea
Group. Efficient financial management accounts for the rapid growth of this
insurance company. It is the only insurance company that made profit for five
consecutive years.

Customer satisfaction is the main aim of IFFCO TOKIO. To satisfy the retail
customers, this company has 100%-owned distribution channel. IFFCO-TOKIO
has over 700 employees working at different branches.

RVAGIL maintains different type of Insurance in the form of Project Insurance,

Machine Insurance, Workmen compensation Insurance, Gratuity, etc. which
provides safety towards different perils and let them be safe and allow them to
prosper.

BIBLIOGRAPHY

• www.rvakashganga.com
• www.wisegeek.com
• www.investopedia.com
 • www.unionbankofindia.co.in
• www.wikianswers.com
• www.google.com
• www.hsbc.co.in
• www.rvaginfrastructure.com

Contents

S.No. Particulars Page No.

Preface

1. Introduction
2. Company Profile
 3. Management Profile
4. List of Equipments
5. Services Delievered
6. Projects Undertaken
7. List of Clients
8. Summary of Clients
9. RVAGIL & its Banking affairs
10. A Preview of the equipments
11. Conclusion
Bibliography

Introduction
Infrastructure can be defined as the basic physical and organizational structures
needed for the operation of a society or enterprise, or the services and facilities
necessary for an economy to function. The term typically refers to the technical
structures that support a society, such as roads, water supply, sewers, power grids,
telecommunications, and so forth. Viewed functionally, infrastructure facilitates
the production of goods and services; for example, roads enable the transport of
raw materials to a factory, and also for the distribution of finished products to
markets. In some contexts, the term may also include basic social services such as
schools and hospitals In military parlance, the term refers to the buildings and
permanent installations necessary for the support, redeployment, and operation of
military forces.
Types of infrastructure
The following list is limited to capital assets that serve the function of conveyance or
channeling of people, vehicles, fluids, energy or information, and which take the form
either of a network or of a critical node used by vehicles, or used for the transmission
of electro-magnetic waves. Infrastructure systems include both the fixed assets and the
control systems and software required to operate, manage and monitor the systems, as
well as any accessory buildings, plants or vehicles that are an essential part of the
system.
Transportation infrastructure
Road and highway networks, including structures (bridges, tunnels, culverts, retaining
walls), signage and markings, electrical systems (street lighting and traffic lights) and
edge treatments (curbs, sidewalks, landscaping)
Railways, including structures, terminal facilities (rail yards, train stations), level
crossings, signaling and communications systems Canals and navigable waterways
requiring continuous maintenance (dredging, etc.)
Seaports and lighthouses
Airports, including air navigational systems
Mass transit systems (Commuter rail systems, subways, tramways, trolleys and bus
terminals)
Bicycle paths and pedestrian walkways

Energy infrastructure

The Oil Rocks, a full town on the Azerbaijani side of the Caspian Sea was created in
1947 and was the pearl of Soviet and Azerbaijani ambition in the 1950s.
Electrical power network, including generation plants, electric grid, substations and
local distribution
Natural gas pipelines, storage and distribution terminals, as well as the local
distribution network
Petroleum pipelines, including associated storage and distribution terminals
Steam or hot water production and distribution networks for district heating systems
Water management infrastructure
Drinking water supply, including the system of pipes, pumps, valves, filtration and
treatment equipment and meters, including buildings and structures to house the
equipment, used for the collection, treatment and distribution of drinking water
Sewage collection and disposal
Drainage systems (storm sewers, ditches, etc..)
Major irrigation systems (reservoirs, irrigation canals)
Major flood control systems (dikes, levees, major pumping stations and floodgates)
Communications infrastructure
Telephone networks (land lines) including switching systems
Mobile phone networks
Cable television networks including receiving stations and cable distribution networks
Internet backbone, including high-speed data cables, routers and servers as well as the
protocols and other basic software required for the system to function
Communication satellites
Undersea cables
Major private, government or dedicated telecommunications networks, such as those
used for internal communication and monitoring by major infrastructure companies,
by governments, by the military or by emergency services
Pneumatic tube mail distribution networks
For the successful execution of a project, effective planning is essential. Those
involved with the design and execution of the infrastructure in question must consider
the environmental impact of the job, the successful scheduling, budgeting, site safety,
availability of materials, logistics, inconvenience to the public caused by construction
delays, preparing tender documents, etc.
 Conclusion

Infrastructure plays a vital role in the overall development of a country.

Infrastructure has many forms out of which one is RMC- Ready Mix Concrete is
an integral part as it lays down a foundation for any construction to be done.

RVAGIL has emerged as a pioneer in the field of RMC & cater to a huge list of
clients providing them with tones of material needed by them for construction
work.

Today, RVAGIL holds a significant position in the corporate world for its
business. It serves mostly to industrial players. Since its incorporation in 2006, it
has posted a huge growth of 50 times in its turnover which clearly marks the hold
of the Company in the market.

With an efficient management line, it is soon planning to expand its business to a

new level by launching an IPO most probably in the year 2011-12.

With this step, the company will be able to raise more finance, serve more
customers & will be more successful in the corporate world.
 Summary Of Clients

SOMA ENTERPRISES
Soma Enterprise Ltd.. is one of the fastest growing infrastructure developers in India
focused on construction and development of core infrastructure projects in the
transportation, hydel power and water resource sectors among others. Soma has
recently diversified into urban infrastructure projects including commercial and
residential real estate. In addition to construction contracts, Soma also takes up
projects on EPC / Turnkey and Build Operate Transfer (BOT) basis.
Soma has achieved revenues of Rs.17.44 billion in 2007-08, and is currently
executing projects worth over Rs.110 billions.
As an integral part of its approach to construction, Soma deploys state of the art
equipment and technology in the projects to ensure efficient execution. Soma owns
most of the critical equipment needed for all aspects of complex infrastructure
projects.
Over the years, Soma has excelled and won accolades from its clients and peer
community for quality and timely delivery of projects. An experienced board of
directors leads a highly motivated team of over 1800 engineers and technical staff,
3000 support staff, and 7200 skilled and semi-skilled personnel to ensure consistent
quality delivery on time.
Backed by the strength of years of know how, experience of key-management and
financial's, Soma is able to take up large infrastructure projects either on its own or as
part of a consortium. Soma is currently executing projects in Joint Venture with
several national and international companies. As Soma consolidates its position in the
infrastructure space in India, it is also keen to participate in similar projects in other
regions including South and South-East Asia, Middle East, Africa and Russia.

LARSEN AND TOUBRO

Larsen & Toubro Limited (L&T) is a technology, engineering, construction and
manufacturing company. It is one of the largest and most respected companies in
India's private sector. Seven decades of a strong, customer-focused approach and the
continuous quest for world-class quality have enabled it to attain and sustain
leadership in all its major lines of business. L&T has an international presence, with
a global spread of offices. A thrust on international business has seen overseas
earnings grow significantly. It continues to grow its overseas manufacturing footprint,
with facilities in China and the Gulf region. The company's businesses are supported
by a wide marketing and distribution network, and have established a reputation for
strong customer support. L&T believes that progress must be achieved in harmony
with the environment. A commitment to community welfare and environmental
protection are an integral part of the corporate vision.

D S CONSTRUCTION LTD DELHI

DSC Limited operates as an infrastructure development and engineering construction
company. The company’s services include construction, engineering, project
management, equipment procurement, and financing and development. It undertakes
projects in the highways, expressways and railway, hydro power, airports, ultra mega
power projects, and special economic zones. It also engages in international trading,
retailing, hospitality, real estate investments, natural stone trading, and money
markets. The company serves various sectors, including transportation infrastructure,
urban infrastructure, pipeline and processing plants, water and waste water
management, marine infrastructure.

GMR HYDERABAD
GMR Group is one of the fastest growing infrastructure organisations in the country
with interests in Airports, Energy, Highways and Urban Infrastructure (including
SEZ). Employing the Public Private Partnership model, the Group has successfully
implemented several infrastructure projects in India.

GMR Infrastructure Limited is the infrastructure holding company formed to fund the
capital requirements of various infrastructure projects in the Group’s Energy,
Highways and Airport business. It undertakes the development of the infrastructure
projects through its various subsidiaries.

In addition, other focus area of the Group is the Agri-business with Sugar as its main
product-line.GMR Industries Limited is the holding company for the Group's Agri-
Business.

The Group’s commitment to inclusive growth is achieved through its Corporate Social
Responsibility arm – the GMR Varalakshmi Foundation (GMRVF). GMRVF works
with the under-privileged sections of the community in all the locations where the
Group has business interests.

ITALIAN THAI DEVLOPMENT

Italian Thai Development Public Company Limited (ITD) is a leading Infrastructure
Construction Company in Thailand and one of the largest Civil engineering
Contractors in South East Asia. ITD, brings with them expertise in execution of
various State of the Art projects, viz. Mass Rapid Transit Systems, Airports,
Buildings, Dams and Tunnels, Highway, Expressways, Railways, Bridges, Industrial
and Power Plants, Pipelines, Steel Structures, Marine construction, Mining and
Telecommunications etc. ITDs concerted effort to expand internationally resulted in
their successfully execution of projects in Bangladesh, Cambodia, India, Indonesia,
Laos, Maldives, Myanmar, Phillipines and Taiwan.