TRAINING REPORT

ON

“STUDY OF BANKING STRUCTURE OF EQUITAS SMALL

FINANCE BANK LIMITED”

Submitted In Partial Fulfillment of the Requirements

for the Degree of

Master of Business Administration

Submitted By:

Vikramjeet singh(201859)

BATCH: 2018-20

To

Department of managemant

Seth Jai Parkash Mukand Lal Instiitute of Engineering and Technology,

Radaur – 135133 (Yamuna Nagar)

Affiliated to Kurukshetra University, Kurukshetra

Session:2018-20

CERTIFICATE
This is certified that this project report titled “EQUITAS SMALL FINANCE BANK
LIMITED” is based on an authentic work done by Mr. vikramjeet singh under my
guidance and submitted in partial fulfillment of the requirements for the award of the
degree of Master of Business Administration of kurukshetra university kurukshetra .
 Acknowledgement

I express my deep sense of gratitude to my respected and learned guides, Mr.

Mohinderkumarsharma (Branch manager), Mr. Dhiraj Malik (Credit Manager) and all the other
staff for their valuable help and guidance. I am thankful to them for the encouragement they have
given me in completing the project.

I am also grateful to MS. Dolly Sethi(Internal Guide) for her guidance and support in completion of
the project.

I am also grateful to MS. Anuja goal (HOD) and to our respected director for permitting us to utilize
all the necessary facilities of the institute.

I am also thankful to the TPO, other faculty and staff members of our department for their kind co-
operation and help.

Lastly, I would like to express my deep appreciation towards my classmates and my in debt ness to
my parents for providing me the moral support and encouragement.
 Vikramjeet singh

(Project Member)

Declaration
PREFACE
 TABLE OF CONTENT

Sl.no. Project Description Remark Page No.

1 Introduction of Equitas
2 History of Equitas
3 Major Events and Milestones Of the Company
4 Core value of the Company
5 Mission and Vision of the Company
6 Hierarchy of the Company
7 Key Management Personals
8 Risk Management
9 Departments
 Sales Department
 Credit Department
 Operation Department
 Collection Department
 Risk Containment Department
10 Sales Department
11 Credit Department/ Operation Department
12 Collection Department
13 Risk Containment Department
14 References
15
CHAPTER- I

Introduction
Introduction to Industry
The Indian auto industry became the 4th largest in the world with sales increasing 9.5 per cent
year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest
manufacturer of commercial vehicles in 2018.
The Two Wheelers segment dominates the market in terms of volume owing to a growing
middle class and a young population. Moreover, the growing interest of the companies in
exploring the rural markets further aided the growth of the sector.
India is also a prominent auto exporter and has strong export growth expectations for the near
future. Automobile exports grew 14.5 per cent during FY 2019. It is expected to grow at a
CAGR of 3.05 per cent during 2016-2026. In addition, several initiatives by the Government of
India and the major automobile players in the Indian market are expected to make India a leader
in the two-wheeler and four wheeler market in the world by 2020.
Market Size
Overall domestic automobiles sales increased at 6.71 per cent CAGR between FY13-19 with
26.27 million vehicles getting sold in FY19 .Domestic automobile production increased at 6.96
per cent CAGR between FY13-19 with 30.92 million vehicles manufactured in the country in
FY19
In FY19, year-on-year growth in domestic sales among all the categories was recorded in
commercial vehicles at 17.55 per cent followed by 10.27 per cent year-on-year growth in the
sales of three-wheelers.
Premium motorbike sales in India crossed one million units in FY18. During January-September
2018, BMW registered a growth of 11 per cent year-on-year in its sales in India at 7,915 units.
Mercedes Benz ranked first in sales satisfaction in the luxury vehicles segment according to J D
Power 2018 India sales satisfaction index (luxury).
Sales of electric two-wheelers are estimated to have crossed 55,000 vehicles in 2017-18.
Investments
In order to keep up with the growing demand, several auto makers have started investing heavily
in various segments of the industry during the last few months. The industry has attracted
Foreign Direct Investment (FDI) worth US$ 21.38 billion during the period April 2000 to March
2019, according to data released by Department for Promotion of Industry and Internal Trade
(DPIIT).
 Some of the recent/planned investments and developments in the automobile sector in India are
as follows:
 Ashok Leyland has planned a capital expenditure of Rs 1,000 crore (US$ 155.20 million) to
launch 20-25 new models across various commercial vehicle categories in 2018-19.
 Hyundai is planning to invest US$ 1 billion in India by 2020. SAIC Motor has also
announced to invest US$ 310 million in India.
 Mercedes Benz has increased the manufacturing capacity of its Chakan Plant to 20,000 units
per year, highest for any luxury car manufacturing in India.
 As of October 2018, Honda Motors Company is planning to set up its third factory in India
for launching hybrid and electric vehicles with the cost of Rs 9,200 crore (US$ 1.31 billion),
its largest investment in India so far.
 In November 2018, Mahindra Electric Mobility opened its electric technology manufacturing
hub in Bangalore with an investment of Rs 100 crore (US$ 14.25 million) which will increase
its annual manufacturing capacity to 25,000 units.

1) Government Initiatives
2) The Government of India encourages foreign investment in the automobile sector and allows
100 per cent FDI under the automatic route.
3) Some of the recent initiatives taken by the Government of India are -
4) The government aims to develop India as a global manufacturing centre and an R&D hub.
5) Under NATRiP, the Government of India is planning to set up R&D centres at a total cost of
US$ 388.5 million to enable the industry to be on par with global standards
6) The Ministry of Heavy Industries, Government of India has shortlisted 11 cities in the
country for introduction of electric vehicles (EVs) in their public transport systems under the
FAME (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles in India)
scheme. The government will also set up incubation centre for start-ups working in electric
vehicles space.
7) In February 2019, the Government of India approved the FAME-II scheme with a fund
requirement of Rs 10,000 crore (US$ 1.39 billion) for FY20-22.
Achievements
Following are the achievements of the government in the past four years:
1. Number of vehicles supported under FAME scheme increased from 5,197 in June 2015
to 192,451 in March 2018. During 2017-18, 47,912 two-wheelers, 2,202 three-wheelers,
185 four-wheelers and 10 light commercial vehicles were supported under FAME
scheme.

2. SAMARTH Udyog – Industry 4.0 centres: ‘Demo cum experience’ centres are being
set up in the country for promoting smart and advanced manufacturing helping SMEs to
implement Industry 4.0 (automation and data exchange in manufacturing technology).

3. Under National Automotive Testing And R&D Infrastructure Project (NATRIP),

following testing and research centres have been established in the country since 2015
a. International Centre for Automotive Technology (ICAT), Manesar
b. National Institute for Automotive Inspection, Maintenance & Training
(NIAIMT), Silchar
c. National Automotive Testing Tracks (NATRAX), Indore
d. Automotive Research Association of India (ARAI), Pune
e. Global Automotive Research Centre (GARC), Chennai
Road Ahead
The automobile industry is supported by various factors such as availability of skilled labour at
low cost, robust R&D centres and low cost steel production. The industry also provides great
opportunities for investment and direct and indirect employment to skilled and unskilled labour.
Indian automotive industry (including component manufacturing) is expected to reach Rs 16.16-
18.18 trillion (US$ 251.4-282.8 billion) by 2026. Two-wheelers are expected to grow 9 per cent
in 2018.
HISTORY OF RENAULT INDIA LIMITED
The Renault corporation was founded in 1899 as Société Renault Frères by Louis Renault and
his brothers Marcel and Fernand. Louis was a bright, aspiring young engineer who had already
designed and built several prototypes before teaming up with his brothers, who had honed their
business skills working for their father's textile firm. While Louis handled design and
production, Marcel and Fernand managed the business.[16]

The first Renault car, the Renault Voiturette 1CV, was sold to a friend of Louis' father after
giving him a test ride on 24 December 1898.[

In 1903, Renault began to manufacture its own engines; until then it had purchased them from
De Dion-Bouton. The first major volume sale came in 1905 when Société des Automobiles de
Place bought Renault AG1 cars to establish a fleet of taxis.[18] These vehicles were later used
by the French military to transport troops during World War I which earned them the nickname
"Taxi de la Marne."[19] By 1907, a significant percentage of London and Paris taxis had been
built by Renault.[18] Renault was also the best-selling foreign brand in New York in 1907 and
1908.[20] In 1908 the company produced 3,575 units, becoming the country's largest car
manufacturer
The brothers recognised the value of publicity that participation in motor racing could generate
for their vehicles. Renault made itself known through succeeding in the first city-to-city races
held in Switzerland, producing rapid sales growth. Both Louis and Marcel raced company
vehicles, but Marcel was killed in an accident during the 1903 Paris-Madrid race.[21] Although
Louis never raced again, his company remained very involved, including Ferenc Szisz winning
the first Grand Prix motor racing event[22] in a Renault AK 90CV in 1906.

Louis took full control of the company as the only remaining brother in 1906 when Fernand
retired for health reasons.[16] Fernand died in 1909 and Louis became the sole owner, renaming
the company Société des Automobiles Renault (Renault Automobile Company).[8][18]

Renault fostered its reputation for innovation from very early on. At the time, cars were luxury
items. The price of the smallest Renaults at the time were 3000 francs (₣); an amount equal to
ten years pay for the average worker. In 1905, the company introduced mass production
techniques and Taylorism in 1913.[23]

Renault manufactured buses and commercial cargo vehicles in the pre-war years. The first real
commercial truck from the company was introduced in 1906.[24] During World War I, it
branched out into ammunition, military aircraft engines[18] (the first Rolls-Royce aircraft
engines were Renault V8 units)[25][26] and vehicles such as the revolutionary Renault FT
tank.[23] The company's military designs were so successful that Louis was awarded the Legion
of Honour for his company's contributions.[27] The company exported engines to American
automobile manufacturers for use in such automobiles as the GJG, which used a Renault 26
horsepower (19 kW) or 40 hp (30 kW) four-cylinder engine.
Company Profile
Renault Design India, the first vehicle design studio set up by a foreign manufacturer in India,
was established in Mumbai in September 2008. At the end of 2018, Renault has approximately
420 dealerships across India, from only 200 in 2015.

Type Share Company or Joint Stock Company

Industry Automotive

Founded on 25 February, 1899 (120 years ago)

Founders Louis Renault

Marcel Renault

Fernand Renault

Headquarters France

Indian Headquarters Chennai

Area served Worldwide

Key People Jean – Dominique Sernanrd (Chairman)

Thierry Bollore (CEO)

Venkatram Mamillapalle (MD in India)

Products Automobiles, Electric Vehicles, Commercial Vehicles, Luxury

Cars, Financing

Owners French state (15.01%)

Nisaan (15.0%)

Daimler Pension Trust (3.1%)

Public Float

Number of Employees 1,81,344

 Revenue € 57.42 billion (2018)

India In February 2008, Renault-Nissan Alliance signed Memorandum of Understanding with

Government of Tamil Nadu to set up a manufacturing plant in Oragadam near Chennai.[2] Work
on the plant began in June later that year and was completed in a record 21 months. Renault
Design India, the first vehicle design studio set up by a foreign manufacturer in India, was
establish1ed in Mumbai in September 2008. The design house is integral to Renault's success in
India as one of its functions is to monitor customer trends and customise global products for
India. At the end of 2015, Renault has approximately 200 dealership across India, from only 14
in 2012.

Renault Duster named 2013 Indian Car of the Year (ICOTY), got a total of 29 awards

Renault received more awards in one year than any of its market competitors. Since 2012, the
Renault Duster received 29 awards[4] in India and the Renault company 34 awards.

 Indian Car of the Year (ICOTY): Duster, Car of the Year

 Autocar and Bloomberg TV: Duster, Car of the Year, Viewers’ Choice, and SUV of the Year
 NDTV: Duster, Car of the Year and Compact SUV of the Year; Scala, Creative TV
Commercial of the Year; Pulse, Premium Hatch of the Year; and Renault India, Car
Manufacturer of the Year
 Top Gear: Duster, Compact SUV of the Year and Readers’ Choice for the BBC and Times of
India
 Car India: Duster, SUV of the Year
 Overdrive and CNBC-TV 18: Duster, Compact SUV of the Year
 Vicky.in, Motor Vikatan (Chennai) and Team BHP: Duster, Car of the Year
 Zigwheels and Economic Times: Duster, Car of the Year, Readers’ Choice and entry-level
SUV of the Year
 AutoJunction.in: Duster, Car of the Year and Utility Vehicle of the Year; Renault Pulse,
SuperMini of the Year; Renault Scala, Mid-size Sedan of the Year
 Products of Renault India Limited

 Renault Duster (2012–present)

 Renault Lodgy (2015–present)
 Renault Kwid (2015–present)
 Renault Captur (2017–present)
 Renault Triber (2019-present)

The Kwid is Renault's first sub Rs 4 lakh segment car (earlier codenamed XBA). It was fully
developed in India by Gérard Detourbet and his French and Indian team. The press called it "the
best in class"[10] and it sold well

RENAULT DUSTER
RENAULT LODGY

RENUALT KWID

RENAULT CAPTUR
 RENAULT TRIBER

SWOT ANALYSIS OF RENAULT INDIA LIMITED