TRAINING IN IDBI BANK

abhishreshthaa

Abhijeet S
IDBI BANK :

IDBI Bank Ltd was set up in September 1994 by IDBI in association with SIDBI as private sector commercial bank subsidiary.

IDBI, the tenth largest development bank in the world promoted excellent institutions in India.

A few of such institutions built by IDBI are The National Stock Exchange (NSE), The National Securities Depository Services Ltd. (NSDL), and Stock Holding Corporation of India (SHCIL) etc


As of 31stMarch, 2008, IDBI’s delivery channels comprised 499 branches, and 725 ATM’s spread across 307 centre’s evidence of its efforts to spread its wings across the country.


OBJECTIVE OF TRAINING:

To understand the environment of the company

To familiarize with the type of work

To understand the environment of the company

To familiarize with the type of work

To get the insight knowledge of the company

To understand the operation of banks

To sell the company’s product

To learn various marketing & financial technicalities

To understand various financial products

To understand the people and the market




TARGET ASSIGNED:

The primary task includes :

  • Business development of all the relevant products of the bank, finding new markets of finance business, & marketing strategies
  • Collecting the customer database.
  • Maintaining daily record, parties contacted and follow up action taken for the business development and follow up done on the instructions given by the management.
  • In the ongoing month of May target is to sell 5 saving accounts worth Rs 5000/- each and mutual funds as well as FD’s 7 & current account

METHODS:
  • Visiting corporate offices
  • Door to door calling
  • Visiting shopping malls and pitching Products to walk in customer
  • Telle calling
  • Doing promotional activities at various places


:SugarwareZ-055:

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Advantages of Training

1. Increased management skills.

2. Appreciation of the company's overall operations and objectives

3. Greater delegation of authority

4. Improved selection for promotion.

5. Improved executive morale.

:SugarwareZ-048:
 
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