Internship Report On Credit Management System of Janata Bank Limited

Abstract

Advance is the primary item by which a bank make benefits. There are such a large number of different items in bank to win however the income from that items are just a piece of the gaining advances. Bank gathers stores and contributes these stores as credit. Bank Pay enthusiasm on stores and gain enthusiasm on advance. Also, the contrast between their advantage income from advance and premium consumption on stores is bank benefits. Credit administration of the bank manages all exercises with respect to the advance. Credit administration of bank at first structures the result of advance and advances. Janata Bank Restricted serves diverse administrations the client in various segments. Credit or advance is a standout amongst the most essential administrations of Janata Bank Constrained. Janata Bank offer credit administration to the borrowers through various items like anchored over draft, staff PC advance, official auto advance, independent company advance and so forth. Janata Bank constrained has 912 branches including 4 abroad branches and its satisfactory capital and colossal number of capable workforce innovation. Administration chose what might be financing costs for advances and advances. Bank does not offer credit to anybody connected for advance. Based on a few criteria bank chose whether the candidate will get the advance or not .This is known as credit framework .The credit framework is performed to decide if the advance will be legitimately used by the borrower and whether the bank would ready to understand the advance back if there should be an occurrence of any default .The credit framework discovers the credit value of borrower, the motivation behind advance is reliable with appropriate principles and direction, business status of borrower and so forth. To know the hazard related with a credit offering to a specific item credit chance evaluating model is utilized. The credit is made a decision based on five criteria .they are money related hazard, Business chance, Administration chance, security hazard and relationship chance. This model is given by Bangladesh bank. Each bank needs to pursue this model to review the hazard related with any credit. Banks group the advance and advances and give a status to each credit and advance. Banks fundamentally do it to have an arrangement of terrible obligation or misfortune against benefit. In the event that bank has arrangement terrible obligation then it can anchor contributors reserves. There are a few criteria given by Bangladesh bank to group advance and advances .Bangladesh bank additionally given the framework for keeping arrangement against benefit.