A STUDY ON THE ROLE OF IDBI BANK

IN
EDUCATION LOAN
JORHAT DISTRICT
Presented By:
SUJATA PAUL
B.COM 6th Sem
Department of Accounting & Finance
Registration No: 14030116
Examination Roll No:
Session: 2016-17
Meaning and Concept of Bank

Banks are one of the oldest financial

intermediaries in the financial system . The term
bank is derived from the banco- which means a
bench. The early goldsmiths in Italy kept coins on
benches for changing one currency into another.

A bank is an institution which deals with money

and credit. It accepts deposits from the public,
makes the funds available to those who need
them, and helps in the remittance of money from
one place to another. In fact, a modem bank
performs such a variety of functions that it is
difficult to give a precise.
History of IDBI Bank:
The Industrial Development Bank of India (IDBI) was
established on 1 July 1964 under an Act of Parliament
as a wholly owned subsidiary of the Reserve Bank of
India. In 16 February 1976, the ownership of IDBI was
transferred to the Government of India and it was
made the principal financial institution for coordinating
the activities of institutions engaged in financing,
promoting and developing industry in the country.
Although Government shareholding in the Bank came
down below 100% following IDBIs public issue in July
1995, the former continues to be the major
shareholder (current shareholding: 65.14%). IDBI
provides financial assistance, both in rupee and foreign
currencies, for green-field projects as also for
expansion, modernisation and diversification purposes.
About Jorhat Branch:
IDBI Bank Jorhat Branch Establishment in the
March 2010. IDBI Bank Jorhat Branch located in
Mitha Pukhuri Road, Gar-Ali, Jorhat. IDBI Bank
stay on Rental building. 17 employees are
working in this Bank.

Official Staff:
Branch Manager 1Nos
Asst. Branch Manager 1Nos
Accountant 1Nos
Cashier 1Nos
Computer Operator 1Nos
Insurance assistance 1Nos
Sub-Staff 1Nos
Functions of IDBI Bank:

The IDBI provides direct financial assistance

to the industrial concerns in the form of (a)
granting loans and advances; and (b)
subscribing to, purchasing or underwriting the
issues of stocks, bonds or debentures.

The IDBI provides assistance to the small

scale sector through its scheme of refinance
and bills rediscounting.

The IDBI has also introduced the single

window assistance scheme for grant of term
loans and working capital assistance to small,
Need of the study:
The higher education sector in India has grown
tremendous change in the last few years. Now-
a-days, if students adapt for higher studies lots
of crisis arises. Fees of the institutions is very
costly which all students could not afford
though they want to go for higher studies.
There is a vast change in education now-a-days
because of growing demand. After all lack of
capacity to get jobs in public sector institutions
is very high. So, if students want to study
further or go for higher education they can
take educational loan from bank.

IDBI bank has played a vital role in the field of

Objectives of the study:

The study has been undertaken with the

following objective:

To study about the loan section and disburses

to entrepreneurs.
To study on the recovery of loan and advance
to entrepreneurs.
To record our suggestion on the basis of the
findings of the study.
Methodology of the study:

The present study is both descriptive and

analytical. Both primary and secondary data
were collected. Data and information were
collected from the discussion with the senior
officer of the of the branch. Moreover some
data are collected from books, journals,
magazine, Newspaper, deeds between Bank &
Entrepreneurs, Accounts of the branch, Audit
Report etc. To make the study realistic and
fruitful a question was drafted and distributed
among 50 respondence. Data and Information
so collected are properly tabulated and
analysis with the help of simple statistics and
Finding & Analysis:

Analysis of Lending
Statement showing Loan sanctioned and
Disbursement
Year Loan Sanctioned Loan disbursement
Amount No. of Persons Amount No. of Persons
01.04.2012 18,00,000 5 18,00,000 5
to31.03.2013
01.04.2013 37,00,000 8 37,00,000 8
to31.03.2014
01.04.2014 52,00,000 10 52,00,000 10
to31.03.2015
01.04.2015 68,00,000 14 68,00,000 14
to31.12.2016
Total 1,75,00,000 37 1,75,00,000 37
CONCLUSION:

Now, it is very much clear that IDBI Bank have very

much importance in national development. Without
the help of this bank, millions of people in India
Particularly Assam lacking the much needed financial
support. IDBI Bank takes active part in local
communities and local development with a stronger
commitment and social responsibilities. These banks
are best vehicles for taking banking to doorsteps of
common men, unbanked people in urban and rural
areas. Their presence in the social, economic and
democratic structure of the country is essential to
bring about harmonious development and that
perhaps is the best justification for nurturing them
and strengthening their base. These banks are sure
to win in the race because they are from the people,
Thank You