A PROJECT REPORT

ON
Submitted to
Rashtrasant Tukadoji Maharaj, Nagpur University, Nagpur
In Partial fulfill“CREDIT MANAGEMNET TECHEQUIES IN SHIKSHK SHAKARI
BANK “
ment for the Degree of
Master of Business Asministration

Submitted by:-
Damini Pradip Guhe

Guided by:-
Dr.Jaspal Gidwani

Department of Management Studies Guru Nanak Institute of Engineering

& Technology, Nagpur
 CERTIFICATE
This is to certify that Project Report on “CREDIT MANAGEMNET
TECHEQUIES IN SHIKSHK SHAKARI BANK, NAGPUR “
“ Submitted by Ms. Damini P Guhe, in satisfactory manner as partial
fulfillment for the requirement of degree of Master of Business
Administration submitted to Rashtrasant Tukdoji Maharaj Nagpur
University, Nagpur for academic year 2022- 2023 at Guru Nanak Institute
of Engineering and Technology, Nagpur.
It is an original work carried under the supervision and guidance of
Dr.Jaspal Gidwani and has undergone the requisite duration of the
practical as prescribed by the Rashtrasant Tukdoji Maharaj University,
Nagpur for the project work.

Dr. Jaspal Gidwani Dr. Jonathan Joseph

(Project Guide) (HOD)

Date:
Place: Nagpur
 DECLARATION

I, Ms . Damini P Guhe herby declare hereby declare that the Project

report to be submitted for Rashtrasant Tukdoji Maharj Nagpur, Nagpur,
Examination of Winter 2023 MBA Sem 3rd , entitled “ CREDIT
MANAGEMNET TECHEQUIES IN SHIKSHK SHAKARI BANK, NAGPUR “ is
the outcome of the own preliminary survey work based on personal
study and has not been submitted by me previously for award of my
degerr or diploma to this university or any other university.

Date: Mr. Damini P Guhe

Place: Nagpur
 ACKNOWLEDGEMENT

The study is the outcome of the support, guidance and co -operative of

several persons to whom I own my sincere gratitude.
First and foremost I would like to express my deepest gratitude to
research guide Dr.Jaspal Gidwani for valuable guidance and constant
encouragement in conducting the work.
I am privileged to extend our sincere thanks to Dr. Jonathan Joseph,
HOD of my college of his inspiration and guidance rendered to members.
I am also thankful to Department of Management Studies, Guru Nanak
Institute Engineering & Technology, Nagpur for necessary support and
guidance.
The Project Work would have been impossible if the finance manager
and HR Manger of the company had not contributed their valuable
information. I acknowledge and thank the entire respondents for their
valuable contribution.
Lastly, I express word of gratitude to one and all that helped me in one
other way to complete my study.

Ms. Damini P Guhe.

 TABLE OF CONTENTS

CHAPTER:1 BACKGROUND OF THE STUDY PAGE NO

1.1 Introduction 2
1.2 Objective of the study 3
1.4 Scope of the study 5
1.5 Limitations of the study 6

CHATPER:2 ORGANIZATION OVERVIEW PAGE NO

2.1 Overview of Shikshak Sahakari Bank 8
2.2 Mission of Shikshak Sahakari Bank 9
2.3 Vision of Shikshak Sahakari Bank 10
2.4 Goal of Shikshak Sahakari Bank 11
2.5 Management of Shikshak Sahakari Bank 12
2.6 Board of Director 14

CHATPER:3 CREDIT PRODUCT PAGE NO

3.1
  
  CHAPTER:1
Background of the Study
 INTRODUCTION
C r e d i t m a n a g e m e n t i s t h e p r o c e s s o f gr a n t i n g c r e d i t , s e t t i n g t h e t er m s i t ' s
g r a n t e d o n , recovering this credit when it's due, and ensuring compliance with
company credit policy, among other credit related functions. The goal within a bank
or company in controlling credit is to improve revenues and profit by facilitating sales and
reducing financial risks. Some companies do their utmost to bring in new business, but may
falter at the last hurdle of ensuring that deals turn in to ‘paid deals’. Over half of all
bankruptcies are attributed to poor credit management – signifying its importance. Credit
management involves much more
 
Than reminding customers to pay. Rather, it involves gaining a thorough
examination and process of detecting possible reasons of non-
payment, perhaps even whether a solution or  product was not delivered and even as far as the i
nvoicing containing discrepancies.Effective credit management is a comprehensive
process consisting of: -Determining the customer’s credit rating in advance

 Frequently scanning and monitoring customers for credit risks -Maintaining customer

relations

Detecting late payments in advance

Detecting complaints in due time

Improving the DSO

Credit Management is not all about finding the best way to minimize debt, the
most
efficientw a y   p o s s i b l e .   I t ’ s   a b o u t   de v e l o p i n g   t r u s t i n g   r e l a t i o n s h i p s   w i t h   c l
i e n t s   s o   t h a t   b u s i n e s s outcomes are achieved and profits are increased.
Safeguarding customer risk, settling outstanding balances and improving cash flow are
three key objectives of credit management that are imperative to founding profitable success.