INTERNSHIP ON ASSESSING CREDIT WORTHINESS OF AN INDIVIDUAL SEEKING FOR A LOAN AT CHOLAMANDALAM FINANCE Internship report Submitted in partial fulfillment

of the requirements for the degree of Masters of Business Administration

(MBA)

Project done by:

K.R.RANJITH (REG NO 08MBI093)

Under the Guidance of Prof. HIMANSHU TANDON Assistant Professor

VIT Business School

fostering innovation

Vellore - 632 014, Tamil Nadu, India.

JULY 2012

CERTIFICATE

This is to certify that Project Report submitted by Mr. K.R .RANJITH,

Reg. No.

08MBI093 to VIT Business School, VIT University, Vellore in partial fulfillment of the requirements for the degree of Master of Business Administration is a bonafide record of work carried out by him / her under my supervision. The contents of this report, in full or in parts have not been submitted in any form to any other institute or university for the award of any degree or diploma

Faculty Guide

Programme Manager

Internal Examiner

External Examiner

Declaration

I, K.R.RANJITH (Reg. No. 08MBI093) a Bonafide student of the VIT Business School, VIT University, Vellore, hereby declare that the Institutional Training Report submitted in partial fulfillment of the requirements of the Degree of Master of Business Administration of the VIT University, is my original work.

Date:

Place: Vellore

K.R.RANJITH 08MBI093

ACKNOWLEDGEMENT
I express my gratitude to Dr.D Bhanu Sree Reddy (MBA Program Mnager) VIT Bschool, for their support and encouragement in the completion of the summer internship program (SIP) I would like to express my sincere thanks to my faculty guide HIMANSHU TANDON, Professor, VIT B-school for his guidance in the successful completion of SIP . I express my deep sense of gratitude to CHOLAMANDALAM staff to complete my work successfully specially Mrs. Hannah, MR.Prakash, MR.AnanthaGopal. I reckon with love the virtuous support to me by my loving mother and father the constant encouragement of who has always a source of grand inspiration throughout my life

K.R.RANJITH 08MBI093

TABLE OF CONTENTS CHAPTER TITLE PAGE NO

INTRODUCTION AND DESIGN OF THE STUDY 1-3 2 NON BANKING FINANCIAL INSTITUTIONS 4-5

INDUSTRY PROFILE AND COMPANY PROFILE 6-13

A THEORETICAL VIEW

14-26
5 DATA ANALYSIS AND INTERPERATATION

27-40
6 SUMMARY OF FINDINGS,SUGGESTIONS AND CONCLUSION

41