Acknowledgement

The report is the report of the contribution and cooperation of many people, other than my own small efforts I wish to extend my sincere thanks to all my teachers, who have bestowed me with the erudition that has made this assignment possible In particular I wish to extend my earnest and heartfelt thanks to my supervisor Mr.,braj itm,aligarh whose timely advise, summarizing words of wisdom and motivation inspired me in to finishing this assignment successfully. I am indebted to him for his involvement. I am also thanks full to mr... Brajitm,aligarh for his assurance and willingness to proper help always I also wish to thanks my parents and all those are now people who agreed on filling my questionnaires painstakingly and thus helped me actually go ahead with my assignment or my work would have remain confined to my imagination. In the end I would also like to add that this report exists because of the cooperation of all and that I take no credit for this achievement but responsibility for any mistake and in accuracies.

Table of contents
Certificate Declaration Acknowledgement Executive summary1 Chapter 1 Introduction Chapter2 About hdfc bank Home loan product of hdfc Home loan interest rates for residence Indians Chapter 3 Objective of study Research methodology Chapter 4 Data analysis and interpretation Finding Chapter 5 Recommendation Suggestion Limitations Conclusion Questionnaire Bibliography

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Chapter-1

Indian banking system Banks in India

India has a well development banking system. Most of the banks in India were founded by Indian entrepreneurs and visionaries in the preindependence era to provide financial assistance to traders, ariculturists and budding Indian industrialists. Indian banks have played a significant role in the development of Indian economy by inculcating the habit of saving in Indians and by lending finance to Indian industry. The commercial banking structure in India consists of: Scheduled Commercial Banks and Unscheduled Banks. Scheduled commercial Banks constitute those banks, Which have been included in the Second Schedule of Reserve Bank of Indian (RBI) Act, 1934. RBI included only those banks in this schedule, which satisfy the criteria laid down vide section 42 (6) (a) of the Act. Indian banks can be broadly classified into nationalized banks/public sector banks, private banks and foreign banks.

FOREIGN BANKS IN INDIA Foreign banks have brought latest technology and latest banking practice in India. They have helped made Indian banking system more competitive and efficient. Government has come up with a road map for expansion of foreign banks in India. The road map has two phases. During the first phase betweem March 2005 and March 2009, foreign banks may establish a presence by way of setting up a wholly owned subsidiary (WOS) or conversion of exisiting branches into a WOS. The second phase will commence in April 2009 after a review of the experience gained after due consulatance with all the stake holders in the banking sector. The review would examine issues concerning extension of national treatment to WOS, dilution of stake and permitting mergers/acquisitions of any private sector banks in India by a foreign bank. Major foreign banks in India are: ABN-AMRO Bank Abu Dhabi Commercial Bank Ltd. American Express Bank Ltd.

BNP Paribas Citi bank DBS Bank Ltd Deutsshe Bank HSBC Ltd Standard Chartered bank