66400106-Financial-Analysis-of-Ksfc.docx

8/9/2019 66400106-Financial-Analysis-of-Ksfc.docx

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AN INTERNSHIP REPORT ON

FINANCIAL ANALYSIS OF KSFC

CHAPTER 1

INTRODUCTION

1.1 PROFILE OF DEVELOPMENT BANKING

The economic development of any cont!y depend" on the e#tent to $hich it" financial

"y"tem efficiently and effectively mo%ili&e" and allocate" !e"o!ce"' The!e a!e a nm%e!

(EPART)ENT OF )ANA*E)ENT

CENTRAL +NI,ERSITY OF KARNATAKA PAGE 1 OF 97


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The need fo! development financial in"tittion" $a" felt "t!on0ly immediately afte! India

attained independence' The cont!y $a" in need of a "t!on0 capital 0ood" "ecto! to

accele!ate the pace of ind"t!iali&ation' The e#i"tin0 ind"t!ie" $e!e in need of lon03te!m

fnd" fo! thei! !econ"t!ction1 mode!ni"ation1 e#pan"ion1 and dive!"ification p!o0!amme"$hile the ne$ ind"t!ie" !e/i!ed eno!mo" inve"tment" fo! "ettin0 p 0i0antic p!o4ect"

in the capital 0ood" "ecto!' Ho$eve!1 the!e $e!e 0ap" in the %an-in0 "y"tem and capital

ma!-et" $hich needed to %e filled to meet thi" eno!mo" !e/i!ement" of fnd"'

To fill the"e 0ap"1 a ne$ in"tittional machine!y $a" devi"ed 9 the "ettin0 p of "pecial

financial in"tittion"1 $hich $old p!ovide the nece""a!y financial !e"o!ce" and -no$3

ho$ "o a" to fo"te! the ind"t!ial 0!o$th of the cont!y'

The fi!"t "tep to$a!d" %ildin0 p a "t!ct!e of development financial in"tittion" $a"

ta-en in :;: fo! "ettin0 p State Financial Co!po!ation" 7SFC"8 in diffe!ent

"tate"' 2y :;>>3>?1 :@ SFC" $e!e "et p and %y :;?3?=1 all the := SFC" no$ inope!ation came into e#i"tence' SFC" e#tend financial a""i"tance to "mall ente!p!i"e"'

2e0innin0 $ith e"ta%li"hment of the ind"t!ial finance co!po!ation of India1 $ith effect

f!om Bly :1 :;


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ind"t!ial financial in"tittion" in the va!io" "tate" $a" !evived at the time of

e"ta%li"hment of the IFCI' State Financial Co!po!ation" 7SFC"8 "et p in va!io" "tate" a"

!e0ional in"titte" !ep!e"ent an attempt to dive!"ify the "t!ct!e of development %an-in0

in India "o a" to %e a%le to cope p $ith the !e/i!ement" of $ide! "ection" of ind"t!ialente!p!i"e'

At p!e"ent1 the!e a!e := SFC" in the cont!y' The "tate" of )anip!1 )e0halaya1

)i&o!am1 Na0aland1 *oa1 Si--im1 T!ip!a1 +tta!a-hand1 Chhatti"0a!h1 Bha!-hand1 and

the +nion Te!!ito!ie" e#cept (elhi have yet to have thei! o$n SFC' The a!ea of ope!ation"

of a SFC i" no!mally confined to one State+nion Te!!ito!y1 %t1 they can %e e#tended to

othe! State"+nion Te!!ito!ie" $hich do not have SFC of thei! o$n' The A""am SFC

ope!ate" al"o in )anip! and T!ip!a' Chandi0a!h i" "e!ved %y SFC of (elhi1 $hile *oa1

(aman and (ie %y )aha!a"ht!a1 (ad!a and Na0a! Haveli %y *4a!at and Pondiche!y %y

Tamil Nad SFC'

1.2.2$+$( F%&+&0%+" C!/!/+$%!&- A0$ 1951

At the time of the enactment of the Ind"t!ial Finance 2ill in :;


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In Septem%e! :;: and the

State Financial Co!po!ation" Act came into fo!ce f!om A0"t :1 :;>@' Thi" Act

empo$e!ed the State *ove!nment" to e"ta%li"h financial co!po!ation" in thei! !e"pective

State"' P!ovi"ion $a" al"o made to %!in0 $ithin the "cope of thi" Act1 any in"tittion

al!eady in e#i"tence1 and conce!ned $ith the financin0 of ind"t!y' Thi" $a" done at the

in"tance of Tamil Nad *ove!nment $hich $anted to %!in0 $ithin the "cope of thi" Act1

the Tamil Nad Ind"t!ial Inve"tment Co!po!ation Ltd'

The fi!"t State Financial Co!po!ation "et p nde! the Act $a" the Pn4a% Financial

Co!po!ation $hich $a" e"ta%li"hed in Fe%' :;>D' *!adally1 "imila! Financial

Co!po!ation" $e!e e"ta%li"hed in diffe!ent State"' In Ka!nata-a1 the State Financial

Co!po!ation $a" "et p on )a!ch D1 :;>;' At p!e"ent1 the!e a!e := State Financial

Co!po!ation" fnctionin0 in diffe!ent State" and +nion Te!!ito!ie"'

1.2.3 T(- !' F%&+&0%+" A--%-$+&0(

A SFC i" atho!i&ed %y State to p!ovide diffe!ent fo!m" of financial a""i"tance'

1) *!antin0 loan" o! advance" fo! pe!iod" not e#ceedin0 @ yea!".

2) S%"c!i%in0 to de%ent!e" !epaya%le $ithin t$enty yea!".3) *a!anteein0 loan" !ai"ed %y ind"t!ial conce!n" eithe! in the p%lic ma!-et o! f!om

"chedled o! co3ope!ative %an-" and !epaya%le $ithin @ yea!".

4) *a!anteein0 defe!!ed payment" de f!om any ind"t!ial conce!n fo! p!cha"e of

capital 0ood" $ithin India.

5) +nde!$!itin0 the i""e of "toc-"1 "ha!e"1 %ond" o! de%ent!e".

6) S%"c!i%in0 to "toc-"1 "ha!e"1 %ond" o! de%ent!e" of ind"t!ial conce!n" f!om ot of

the "pecial capital'

SFC" Amendment Act1 :;@ ha" empo$e!ed the SFC" to pa!ticipate in the e/ity capital

of $ea-e! "mall and medim ind"t!ial nde!ta-in0"' Since1 Bne :;D1 SFC" have al"o

%een atho!i&ed to meet the fo!ei0n e#chan0e !e/i!ement" of "mall and medim "cale

nit"' Fo! thi" p!po"e1 !efinance facility i" p!ovided %y the I(2I'




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SFC" al"o act a" the a0ent of the Cent!al and State *ove!nment"1 I(2I1 IFCI1 o! any

othe! financial in"tittion" in matte!" conce!ned $ith the 0!ant of loan" o! advance" o!

"%"c!iption to de%ent!e"' )o"t of the I(2I "cheme" fo! a""i"tance to "mall and medim

"ecto!" a!e ope!ated th!o0h SFC"'

1.2.4 F%&+&0%+" R(-!#/0(- !' $+$( F%&+&0%+" C!/!/+$%!&-

Initially1 the Atho!i&ed Sha!e Capital of a State Financial Co!po!ation $a" !e/i!ed to %e

fi#ed %y the conce!ned State *ove!nment $ithin the limit of R"'@ c!o!e' 2t1 "%"e/ent

Amendment" atho!i&ed the SFC" to !ai"e thei! Atho!i&ed Sha!e Capital'

The "ha!e capital of the State Financial Co!po!ation i" "%"c!i%ed %y the !e"pective State

*ove!nment"1 the Re"e!ve 2an- of India1 Schedled Comme!cial 2an-"1 Co3ope!ative

2an-"1 In"!ance Companie"1 Financial In"tittion" and p!ivate pa!tie"' In thi"

connection1 it may %e noted that the ma#imm allotment to p!ivate pa!tie" cannot e#ceed

@> of the "ha!e capital of each co!po!ation'

2e"ide"1 "ha!e capital1 the financial !e"o!ce" of State Financial Co!po!ation" comp!i"e5

1) Loan" f!om the Re"e!ve 2an- of India

2) Loan" f!om the State *ove!nment

3) 2ond" and (e%ent!e" i""ed4) (epo"it" f!om the P%lic

5) Refinance f!om the I(2I

6) Repayment of Loan" *!anted7) Income f!om Inve"tment"

1.2.5 L%-$ !' $+$( F%&+&0%+" C!/!/+$%!&-

At p!e"ent1 the!e a!e := SFC" in the cont!y1 : of $hich $e!e "et p nde! the SFC" Act

:;>:' Tamil Nad Ind"t!ial Inve"tment Co!po!ation Ltd' "et p in :;


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) Bamm G Ka"hmi! State Financial Co!po!ation

9) Karnataka State Financial Corporation

1)Ke!ala Financial Co!po!ation

11))adhya P!ade"h Financial Co!po!ation

12))aha!a"ht!a State Financial Co!po!ation13)O!i""a State Financial Co!po!ation

14)Pn4a% Financial Co!po!ation

15)Ra4a"than Financial Co!po!ation

16)Tamil Nad Ind"t!ial Inve"tment Co!po!ation Ltd'

17)+tta! P!ade"h Financial Co!po!ation

1)6e"t 2en0al Financial Co!po!ation'

1.3 KARNATAKA TATE FINANCIAL CORPORATION

1.3.1 P/!'%"( !' K+/&+$+,+ $+$( F%&+&0%+" C!/!/+$%!&

Karnataka State Financial Corporation is a State level fnancial

institution established by the State

Government in the year 1959 under the

State Financial Corporations Act 1951 to

meet mainly the long term fnancial needs

o !icro" Small and !edium #nterprises

$!S!#s% in the State o Karnataka&

Today1 $hile the State economy i" ma-in0 !apid "t!ide" in the 0lo%al ma!-et1 KSFC i"

movin0 in tandem' A" a pionee!in0 and !e"pon"ive financial in"tittion1 KSFC i" fine3

tned to flfill the plan" and a"pi!ation" of ent!ep!ene!" %y e#tendin0 all po""i%le

a""i"tance'

In the >@ yea!" of it" e#i"tence1 KSFC ha" cont!i%ted mo"t "i0nificantly fo! the 0!o$th

of S)E"1 %ac-$a!d a!ea development and p!omotion of fi!"t 0ene!ation ent!ep!ene!"' It"

achievement" in the"e a!ea" a!e npa!alleled' Since inception1 KSFC ha" a""i"ted mo!e

than :'? la-h nit" $ith cmlative "anction of mo!e than R"' :1


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Amendment" to SFC" Act p!ovide $ide3!an0in0 "cope in financial a""i"tance and

ope!ational fle#i%ility' Keepin0 thi" in vie$1 KSFC ha" !e3en0inee!ed it"elf to en"!e

tmo"t c"tome! "ati"faction $ith ne$ ene!0y1 th!"t and "peed' In line $ith thi"1 the

Co!po!ation ha" pt in place comp!ehen"ive1 client3f!iendly1 need3%a"ed policie" in the

a!ea" of c!edit" and !ecove!ie"' Apa!t f!om "ettin0 "tanda!d" of pe!fo!mance1 the"e

policie" $old al"o achieve the o%4ective of t!an"pa!ent 0ove!nance'

KSFC an ISO ;:5@ ce!tified o!0ani&ation i" p!od to have played a ma4o! !ole in

the ind"t!ial development of the State' It i" al"o the p!od p!ivile0e of KSFC to have

a""i"ted many ind"t!ie" that a!e inte!nationally !eco0ni&ed li-e INFOSYS and 2IOCON'

1.3.2 H%-$!/%0+" B+0,/!#&

In :;>1 the *ove!nment of India ci!clated a d!aft %ill fo! elicitin0 the vie$" of the State

*ove!nment and of the R2I' TheSFC" %ill $a" int!odced in pa!liament in (ecem%e!

:;> and pa""ed in :;>:. it came into fo!ce on A+* :1 :;>:'

The KSFC1 $hich p!io! to Novem%e! :1 :;D $a" -no$n a" the )y"o!e State Financial

Co!po!ation1 $a" e"ta%li"hed on )a!ch D1 :;>;1 that i" to "ay1 the la"t %t one day of the

financial yea! :;>;3?' Altho0h State Financial Co!po!ation" Act came into effect a" fa!

%ac- a" A0"t :1 :;>@1 the then *ove!nment of )y"o!e e"ta%li"hed the Co!po!ation"eve!al yea!" late!' In the Re"e!ve 2an- Repo!t on C!!ency and Finance fo! the yea!

:;>>3>?1 it $a" "tated that the )y"o!e *ove!nment have al"o decided to "et p a financial

co!po!ation' Ho$eve!1 thi" event happened fo! yea!" late!' It ha" not %een po""i%le to

find ot the !ea"on" fo! the delay in the e"ta%li"hment of the co!po!ation' On :3::3:;D1 it

$a" !enamed a" Ka!nata-a State Financial Co!po!ation'

The Atho!i&ed Sha!e Capital $a" fi#ed %y the )y"o!e *ove!nment at R"' @' c!o!e ot

of $hich R"':' c!o!e $a" flly paid p' The "ta-e of the *ove!nment of )y"o!e in the

Co!po!ation $a" R"'


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di"%!"ed d!in0 the yea!' Sch $a" the hm%le %e0innin0 of the ope!ation" of the

Co!po!ation'

The financial !e"lt" too $e!e al"o mini"cle' In it" fi!"t yea!1 the Co!po!ation" ea!nin0"

a00!e0ated to R"' D'DD la-h" of $hich only R"'


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V%-%!& $+$(*(&$

To be a premier financial institution in the countr, b providin! effective and

efficient services to all sectors of people under one roof. "ts vision is +""for one # one

for all.

1.3.4 O:(0$%(- !' KFC

The o%4ective" of KSFC a!e a" follo$"5

1) To p!ovide financial a""i"tance in the fo!m of te!m loan" to tiny and ancilla!y nit"1

"mall and medim "cale ind"t!ie" in Ka!nata-a&2) To enco!a0e di"pe!"al of ind"t!ie" to the %ac-$a!d a!ea" to achieve %alanced

0!o$th of the ind"t!ie"'

3) To p!ovide e/ipment lea"in01 hi!e p!cha"e1 $o!-in0 capital a""i"tance and

a""i"tance fo! !e"ea!ch and development !elated activitie"'

4) To identify ent!ep!ene!" th!o0hot the "tate'5) To p!ovide ente!p!i"e development p!o0!am" to $omen en0inee!in0 and technical

p!ofe""ional" and a0!iclt!i"t"'

6) To condct di"t!ict level ind"t!ial "emina!"'7) To identify ne$ p!o4ect" and help local people to "et p ind"t!ie"'

) To develop data%an- on ind"t!ial nit"'

9) To condct "pecial "!vey on ind"t!ial oppo!tnitie"'

1.3.5 ;#+"%$ O:(0$%(

The mana0in0 di!ecto!1 othe! e#ective" and "taff of the o!0ani&ation a!e committed to

en"!in0 that the "y"tem i" effective in achievin0 /ality and "ati"fyin0 c"tome!" %othno$ and in the ft!e' 6ith thi" end in vie$1 KSFC $ill "t!ive continally to imp!ove

pon thei! p!odct"1 "e!vice1 and /ality mana0ement "y"tem' KSFC have "et mea"!a%le

/ality o%4ective"1 $hich $ill %e mea"!ed a0ain"t and !epo!ted pon at !e0la! inte!val"'

The ality O%4ective" "et a!e a" follo$"5




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To en"!e "ati"faction th!o0h team3$o!- and p!ofe""ional mana0ement'

To e#tend effective 0idance th!o0h ent!ep!ene!" fo! "cce""fl accompli"hment of

thei! %"ine"" vent!e'

To p!ovide 0ood /ality of "e!vice on a contined %a"i" to the "ati"faction of the

c"tome!'

To attain "pecified level of pe!fo!mance eve!y yea! and en"!e compliance $ith

"tatto!y and !e0lato!y !e/i!ement"'

To enco!a0e eve!yone in the o!0ani&ation to p0!ade and enhance thei! "-ill and

-no$led0e $ith app!op!iate t!ainin0 fo! imp!ovin0 /ality of "e!vice to the

ent!ep!ene!'

1.3.6F#&0$%!&- !' KFC

Acco!din0 to Section @> of SFC" Act1 :;>:1 the fnction" of KSFC a!e a" follo$"5

1) It 0!ant" loan" o! advance" to1 o! "%"c!i%e" to de%ent!e" of an ind"t!ial conce!n'

2) It 0a!antee"1 on "ch te!m" and condition" a" may %e a0!eed pon 1

Loan" !ai"ed %y ind"t!ial conce!n"1 $hich a!e !epaya%le $ithin a pe!iod not

e#ceedin0 @ yea!"1 and a!e floated in the p%lic ma!-et' Loan" !ai"ed %y ind"t!ial conce!n" f!om "chedled %an-" o! "tate co3ope!ative

%an-" o! othe! financial in"tittion"'3) It 0a!antee"1 on "ch te!m" and condition" a" may %e a0!eed pon1 diffe!ed

payment" de f!om any ind"t!ial conce!n" in connection $ith it" p!cha"e of capital

0ood" $ithin India'

4) It nde!$!ite" the i""e of the "toc-1 "ha!e"1 %ond" o! de%ent!e" %y ind"t!ial

conce!n"'5) It t!an"fe!"1 fo! con"ide!ation1 any in"t!ment" !elatin0 to loan" and advance" 0!anted

%y it to ind"t!ial conce!n"'

6) It act" a" an a0ent of the Cent!al *ove!nment1 o! the State *ove!nment1 o! the I(2I1o! the SI(2I1 o! the IFCI o! any othe! financial in"tittion" notified %y the Cent!al

*ove!nment in !e"pect of any matte! connected $ith1 o! a!i"in0 ot of1 the 0!ant of

loan" o! advance" to an ind"t!ial conce!n1 o! "%"c!iption to de%ent!e" of an




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ind"t!ial conce!n o! !elatin0 to the %"ine"" of the I(2I1 SI(2I1 IFCI o! any othe!

financial in"tittion"'

7) It "%"c!i%e" to1 p!cha"e"1 the "toc-1 "ha!e"1 %ond" o! de%ent!e" of an ind"t!ial

conce!n'

) It !etain" a" pa!t of it" a""et"1 any "toc-1 "ha!e"1 %ond" o! de%ent!e"1 $hich it may

ac/i!e %y "%"c!iption o! in flfillment of it" nde!$!itin0 lia%ilitie" and it di"po"e"

of the "toc- "ha!e"1 %ond"1 o! de%ent!e" "o ac/i!ed'9) It accept" o! di"cont" p!omi""o!y note" and %ill" of e#chan0e d!a$n o! endo!"ed %y

ind"t!ial conce!n" o! any pe!"on "ellin0 capital 0ood"'

1)It nde!ta-e" !e"ea!ch and "!vey" dealin0 $ith ma!-etin0 o! inve"tment activitie"

and nde!ta-e" techno3economic "tdie" o! othe! activitie" in connection $ith the

development of any ind"t!y'

11)It p!ovide" technical and admini"t!ative a""i"tance to an ind"t!ial conce!n'

12)It act" a" the t!"tee fo! the holde!" of de%ent!e o! othe! "ec!itie"'13)It p!ovide" lea"in01 "%3lea"in01 hi!e3p!cha"e and facto!in0 "e!vice"'

14)It p!ovide" e#po!t !elated c!edit and "e!vice"'15)It nde!ta-e" money ma!-et !elated activitie"'

16)It nde!ta-e" a""et mana0ement activity'

17)It p!omote"1 fo!m"1 condct"1 and a""i"t" the companie"1 "%"idia!ie"1 co3ope!ative

"ocietie"1 t!"t"1 o! "ch othe! a""ociation" of pe!"on" a" it may deem it fit1 in the

p!omotion1 fo!mation1 o! condct of companie"'

1)It open" o! confi!m" o! endo!"e" lette! of c!edit and ne0otiate" o! collect" %ill" and

othe! docment" d!a$n he!ende!' It p!ovide" con"ltancy and me!chant %an-in0

"e!vice"'

1.3.7 A0$%%$%(- E"%%"( '!/ F%&+&0%+" (/%0(-

KSFC i" a financial "pe! ma!-et' It e#tend" all type" of financial a""i"tance in the fo!m

of lon03te!m loan"1 "ho!t3te!m loan" 7in the fo!m of $o!-in0 capital te!m loan" and




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co!po!ate loan"8 and othe! financial "e!vice"' KSFC" a""i"tance cove!" almo"t all type"

of ind"t!ial and "e!vice "ecto!"'

The SFC"J Act p!e"c!i%e" %!oadly the type" of activitie"1 $hich a!e eli0i%le fo! financial

a""i"tance f!om the Co!po!ation' The Act al"o p!ovide" fo! SI(2I to inclde ne$e! a!ea"

of activitie" fo! financial a""i"tance f!om time to time' Thi" apa!t1 the Co!po!ation ha"

al"o evolved it" o$n "cheme" nde! %!oad 0ideline" of SFC"J Act dependin0 pon

ma!-et potential' The activitie" $hich a!e eli0i%le fo! financial a""i"tance f!om the

Co!po!ation a!e 0!oped into follo$in0 th!ee %!oad cate0o!ie"5

1) Activitie" a" li"ted ot in the SFC"J Act.

2) Activitie" "pecifically pe!mitted %y SI(2I.

3) Activitie" fo!mlated %y the Co!po!ation'

1.3.7.1 A0$%%$%(- +- L%-$( !#$ %& $8( FC-< A0$

'he State Financial Corporations $Amendment% Act" ()))" provides the

list o activities *hich can be covered under the list o industrial

concerns engaged or to be engaged in+

1) !anuacture" preservation or processing o goods,2) !ining or development o mines,3) -otel industry,4) 'ransport o passenger or goods by road or by *ater or by air $or by

rope.*ay or by lit%,5) *ene!ation o! di"t!i%tion of elect!icity o! any othe! fo!m of po$e!.

6) )aintenance1 !epai!1 te"tin0 o! "e!vicin0 of machine!y of any de"c!iption o! vehicle" o!

moto! %oat" o! t!aile!" o! t!acto!" o! ve""el".

7) A""em%lin01 !epai!in0 o! pac-in0 any a!ticle $ith the aid of machine!y o! po$e!.

) Settin0 p o! development of an ind"t!ial a!ea o! ind"t!ial e"tate.

9) Fi"hin0 o! p!ovidin0 "ho!e facilitie" fo! fi"hin0 o! maintenance the!eof.1) P!ovidin0 $ei0h %!id0e facilitie".11) P!ovidin0 en0inee!in01 technical1 financial mana0ement1 ma!-etin0 of othe! "e!vice"

o! facilitie" fo! ind"t!y.

12) P!ovidin0 medical1 health ca!e o! othe! allied "e!vice".




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13) P!ovidin0 "oft$a!e o! ha!d$a!e "e!vice" !elatin0 to info!mation technolo0y1

telecommnication" o! elect!onic" incldin0 "atellite lin-a0e and adio o! vi"al

ca%le commnication.

14) Settin0 p o! development of to!i"m !elated facilitie" incldin0 am"ement pa!-"1

convention cente!"1 !e"ta!ant"1 t!avel and t!an"po!t 7incldin0 tho"e at ai!po!t"81

to!i"t "e!vice a0encie" and 0idance and con"elin0 "e!vice" to the to!i"t".

15) Con"t!ction.16) (evelopment1 con"t!ction and maintenance of !oad".

17) P!ovidin0 comme!cial comple# facilitie" and commnity cente!" incldin0

confe!ence hall".

1) Flo!iclt!e.

19) Ti""e clt!e1 fi"h clt!e1 polt!y fa!min01 %!eedin0 and hatche!ie".2) Se!vice ind"t!y1 "ch a" alte!in01 o!namentin01 poli"hin01 fini"hin01 oilin01 $a"hin01

cleanin0 o! othe!$i"e t!eatin0 o! adaptin0 any a!ticle o! "%"tance $ith a vie$ to it"

"e "ale t!an"po!t1 delive!y o! di"po"al.

21) Re"ea!ch and development of any concept technolo0y1 de"i0n1 p!oce"" o! p!odct

$hethe! in !elation to any of the matte! afo!e"aid1 incldin0 any activitie" app!oved

%y the Small Ind"t!ie" 2an-. o!

22) Sch othe! activitie" a" may %e app!oved %y the SI(2I.

1.3.7.2 A0$%%$%(- (0%'%0+"" P(/*%$$( IDBI

1) Construction / buying o ready.built sho*rooms and sales out.lets

$only f0ed assets are eligible or fnancing" items kept or sale are

not eligible or fnancing%,2) Construction / buying o ready.built area or establishing

departmental stores and shopping malls $only f0ed assets are

eligible or fnancing" items kept or sale are not eligible or

fnancing%,3) Setting up o !edical Stores $only f0ed assets are eligible or

fnancing" items kept or sale are not eligible or fnancing%,




15/97



4) Setting up o vocational training centers or imparting technical

kno*ledge to entrepreneurs or setting up and running units

eciently and to produce 2uality goods,5) Setting up entertainment industry including production o flms&

1.3.7.3A0$%%$%(- F!/*#"+$( $8( C!/!/+$%!&

L.

NO

'

ACTIVITIE = CHEME

FOR FINANCIAL

AITANCE

O:(0$%(= P#/!-(

1. G(&(/+" 08(*(

Fo! e"ta%li"hment of ne$ TinySSI)SI Se!vice +nit"

and fo! E#pan"ion)ode!ni&ation(ive!"ification of

E#i"tin0 +nit"'

2.

A--%-$+&0( T! C!&-$/#0$%!&=

I&'/+-$/#0$#/( R("+$(

A0$%%$%(-

Fo! e"ta%li"hin0 Comme!cial Comple#e"1 Re"idential

Apa!tment"1 (evelopment of Re"idential Layot"1

*!op Ho"in01 Ind"t!ial E"tate"1 Soft$a!e Pa!-"1

*odo$n"1 6a!eho"e"1 Ac/i"ition of Ready %ilt

Office"Ne$ Office 2ildin01 Sale" Otlet"Sho$!oom"

and othe! inf!a"t!ct!e p!o4ect" li-e Flyove!"1 2!id0e"

etc and Con"t!ction1 (evelopment and )aintenance of

Road"'

3.A--%-$+&0( T! H!$("-=

R(-$+#/+&$-

Fo! "ettin0 p of )edim and Sta! Cate0o!y Standa!d

Hotel" in the State Capital1 (i"t!ict and Tal- H1

Impo!tant To!i"t Cent!e"' The Hotel" "hold have

2oa!din01 Lod0in0 and Re"ta!ant Facilitie" and

2ildin0 Plan app!oved %y Local Atho!itie"' A""i"tance

fo! )o%ile Canteen" i" al"o availa%le'

4.A--%-$+&0( T! T!#/%-*

R("+$( A0$%%$%(-

Settin0 p of am"ement pa!-"1 Convention Cent!e"1

T!avel and T!an"po!t1 To!i"t Se!vice A0encie" and

Re"ta!ant"'




16/97



5.

A--%-$+&0( T!

D!0$!/-=N#/-%&

H!*(-=H!-%$+"-=E"(0$/!

M(%0+" E>#%*(&$-

Fo! "ettin0 p Clinic"1 N!"in0 Home"1 Ho"pital"1 and

fo! ac/i!in0 Elect!o3 )edical E/ipment'

6.A--%-$+&0( T!

E&$(/$+%&*(&$ I-$/

Fo! con"t!ction and p!cha"e of cinema hall" and

mltiple#e"1 p!odction of "ho!t T, "e!ial" and feat!e

film"1 "oft$a!e fo! vi"al media p%licity'

7. %&"( ?%&!@ 08(*(

To p!ovide loan %oth fo! fi#ed a""et" and $o!-in0

capital to tiny and "mall "cale nit" $ho"e p!o4ect co"t

doe" not e#ceed R"' D> la-h" and $o!-in0 capital

!e/i!ement doe" not e#ceed R"' :> la-h"'

. C!/!/+$( L!+& 08(*(

Sho!t te!m loan" to the e#i"tin0 Scce""fl +nit" $ho

!e/i!e !0ent 6o!-in0 Capital Fnd" eithe! to meet 0ap

in the 6o!-in0 Capital !e/i!ement" o! fnd" !e/i!ed

fo! e#ectin0 the !"h of o!de!" and al"o fo! meetin0

"tatto!y de" to 0ove!nment li-e payment of income

ta#1 "ale" ta# e#ci"e dty etc' Thi" loan i" al"o

con"ide!ed fo! developin0e#pandin0 ne$ ma!-et" and

openin0 LC fo! p!cha"e of ne$ e/ipment" till a te!m

loan i" "anctioned and !elea"ed'

9.R(8+%"%$+$%!& F!/ %0,

I-$/%+" U&%$-

A""i"tance fo! Reha%ilitation of potentially via%le Sic-

+nit"'

1.A--%-$+&0( T! ;#+"%'%(

P/!'(--%!&+"-

A""i"tance fo! /alified P!ofe""ional"1 mana0ement1

accontin01 medical a!chitect"1 en0inee!"1 vete!ina!y fo!

"ettin0 p of %"ine"" ente!p!i"e"1 p!ivate p!actice and

con"ltancy "e!vice" in thei! line of e#pe!ti"e'

11.

A.M.A.R.A A--%-$+&0( F!/

M+/,($%& R("+$(

A0$%%$%(-)

A""i"tance to "mall and medim "cale e#i"tin0 nit"

$ith 0ood t!ac- !eco!d to nde!ta-e va!io" activitie"

nece""a!y to inc!ea"e thei! "ale" in the dome"tic and

fo!ei0n ma!-et" and to c!eate phy"ical ma!-etin0

inf!a"t!ct!e'




17/97



12.A0>#%-%$%!& O' E%-$%&

E&$(//%-(-

A""i"tance to e#i"tin0 +nit" $ith 0ood t!ac- !eco!d fo!

ac/i"ition of e#i"tin0 a""et"' 7Plant and )achine!y of

!epted ma-e $ith minimm of : yea!" and

Ind"t!ialComme!cial p!ope!tie" $ith a minimm of @

yea!" of !e"idal life'

13.*+"" R!+ T/+&-!/$

O(/+$!/- RTO-)

A""i"tance to Small Road T!an"po!t Ope!ato!" to meet

e#pendit!e to$a!d" co"t of Cha""i"1 2ody 2ildin01

Initial Ta#e"1 In"!ance etc'

14.A--%-$+&0( F!/ A0>#%/%&

P/%+$( V(8%0"(-

A""i"tance to individal"1 fi!m" and companie" fo!

ac/i"ition of vehicle" li-e ca!"1 van"1 Omni %"e"1

t!acto!" etc'

15.A0>#%-%$%!& O' IO 9

(/%(- C(/$%'%0+$%!&

A""i"tance to e#i"tin0 ind"t!ial conce!n" in the SSI

"ecto! havin0 a 0ood t!ac- !eco!d1 to meet e#pen"e" on

con"ltancy1 docmentation1 adit ce!tification fee"1

e/ipment and cali%!atin0 in"t!ment" !e/i!ed fo!

ac/i"ition of ISO ce!tification'

16. F%&+&0%& O' DG ($-

A""i"tance fo! ac/i"ition of (* "et"in"tallation and

con"t!ction of d0 "et etc' A""i"tance fo! ac/i"ition of

0ene!ato!" fo! p!po"e of hi!in0 vehicle"1 t!aile!"1 (*

"et" and acce""o!ie" al"o availa%le'

17. O''%0( A#$!*+$%!&

A""i"tance to e#i"tin0 nit" $ith 0ood t!ac- !eco!d to

ac/i!e item" li-e PC"1 P!inte!1 Copie!1 Fa# )achine1

Telephone etc'

1. T/+%&%& I&-$%$#$%!&

A""i"tance to e#i"tin0 nit" $ith "cce""fl t!ac- !eco!d

fo! "ettin0 p In3Ho"e T!ainin0 Facilitie" incldin0

Con"t!ction of 2ildin01 ac/i"ition of F!nit!e1

E/ipment" etc'

T+"( 1.1 A0$%%$%(- F!/*#"+$( KFC

1.3. 08(*(- !' KFC

KSFC offe!" a nm%e! of "cheme" to "it the va!ied need" of it" client"' A %!ief

de"c!iption of the "cheme" i" 0iven %elo$5




18/97



1.3..1C/(%$ L%&,( C+%$+" #-% 08(*( CLC)

O:(0$%(The o%4ective of the "cheme i" to facilitate technolo0y p0!adation of )ic!o

and Small Ente!p!i"e" 7)SE"8 in "pecified p!odct" "%3"ecto!" %y p!ovidin0 :>capital "%"idy fo! indction of p!oven technolo0ie" app!oved nde! the "cheme'

The li"t of p!odct" "%3"ecto!" cove!ed nde! the "cheme i" a" pe! the app!oval of the

*ove!nin0 and Technolo0y App!oval 2oa!d 7*TA28 con"titted nde! thi" "cheme'

E"%%"( B!//!@(/- Sole p!op!ieta!y conce!n"1 pa!tne!"hip"1 co3ope!ative "ocietie"1

p!ivate and p%lic limited companie"'

1.3..2 T(08&!"! U/++$%!& '!/ T($%"( I-$/%(-

O:(0$%(To p!ovide enco!a0ement to te#tile ind"t!ial nit" 7incldin0 nit" in the

cotton 0innin0 and p!e""in0 "ecto!"8 in ta-in0 p technolo0y p0!adation and to

mode!ni&e thei! p!odction facilitie"'

E"%%"( B!//!@(/- Sole p!op!ieta!y conce!n"1 pa!tne!"hip"1 co3ope!ative "ocietie"1

p!ivate and p%lic limited companie" in te#tile and cotton 0innin0 and p!e""in0

ind"t!ie"'

1.3..3 I&$(/(-$ #-% 08(*( '!/ 08(#"( C+-$( = T/%( E&$/(/(&(#/-

O:(0$%(Inte!e"t "%"idy in !e"pect of loan" availed %y SCST ent!ep!ene!"'

E"%%"( B!//!@(/-The Scheme i" applica%le only to the loan availed %y the "chedled

ca"tet!i%e ent!ep!ene!"' The p!omote!" "hold %e fi!"t 0ene!ation ent!ep!ene!"'

1.3..4 P/%%"(( E&$/(/(&(#/-< 08(*(

O:(0$%( To meet "ho!t te!m fnd" !e/i!ement" of the e#i"tin0 nit" $hich a!e nde!

th!"t no!mal "ecto!" of lendin0 policy of the Co!po!ation'

E"%%"( B!//!@(/- P!op!ieta!y conce!n1 pa!tne!"hip fi!m1 p!ivate and p%lic limited

companie"

1.3..5 A--%-$+&0( $! C!&-$/#0$%!& A0$%%$ T(/* L!+&-)

O:(0$%(To p!ovide a""i"tance to the con"t!ction activity "ecto!' The a""i"tance nde!

thi" "cheme i" p!ovided fo! con"t!ction of %ildin01 inte!io! deco!atin01 ai! conditionin01

p!ovidin0 lift and commnication facility1 any othe! facility connected $ith the




19/97


20/97



O:(0$%(The o%4ective of the "cheme i" to p!ovide timely and ade/ate $o!-in0 capital

a""i"tance to mic!o1 "mall and medim ente!p!i"e" 7)S)E8 alon0 $ith te!m loan fo!

fi#ed a""et" fo! ent!ep!ene!" "ettin0 p ne$ p!o4ect" %y KSFC'

E"%%"( B!//!@(/- All ne$ )S)E" en0a0ed in the manfact!e o! p!odction1

p!oce""in0 o! p!e"e!vation of 0ood" i'e'1 manfact!in0 ente!p!i"e" $he!e the total

vent!e otlay 7incldin0 $o!-in0 capital !e/i!ement"8 doe" not e#ceed R"':' la-h"'

1.3..9 ?!/,%& C+%$+" T(/* L!+& F!/ E%-$%& U&%$-

O:(0$%(The o%4ective of the "cheme i" to p!ovide timely and ade/ate $o!-in0 capital

a""i"tance to the e#i"tin0 mic!o1 "mall and medim ente!p!i"e" 7)S)E8 $hich have

availed te!m loan" ea!lie! f!om the Co!po!ation1 havin0 p!oven t!ac- !eco!d'

E"%%"( B!//!@(/- E#i"tin0 )S)E" en0a0ed in the manfact!e o! p!odction1

p!oce""in0 o! p!e"e!vation of 0ood" i'e'1 manfact!in0 ente!p!i"e"1 $hich have availed

te!m loan" ea!lie! f!om the Co!po!ation1 havin0 p!oven t!ac- !eco!d' The e#i"tin0 nit"

$hich have availed the 6CTL nde! the S6S ea!lie! f!om the Co!po!ation a!e al"o

eli0i%le fo! additional 6CTL' Availin0 a te!m loan i" not a p!e3condition fo! 0!antin0

eli0i%le 6CTL nde! the "cheme' The nit "hold %e in e#i"tence $ith a minimm pe!iod

of ope!ation of th!ee yea!"' The nit "hold %e $o!-in0 p!ofita%ly and net $o!th "hold

%e po"itive' The nit" en4oyin0 te!m loan $o!-in0 capital loan f!om othe! comme!cial

%an-" financial in"tittion" a!e not eli0i%le nde! the "cheme'

1.3..1 L%&( !' C/(%$ '!/ P#/08+-( !' R+@ M+$(/%+"-

O:(0$%(To p!ovide timely and ade/ate $o!-in0 capital a""i"tance in the fo!m of

6CTL to )S)E" fo! p!cha"e of !a$ mate!ial" f!om KSSI(C'

E"%%"( B!//!@(/- Sole P!op!ieto!"hip1 Pa!tne!"hip"1 Co3ope!ative Societie"1 P!ivate

and P%lic Limited Companie" etc'1 en0a0ed in the manfact!e p!odction1 p!oce""in0

o! p!e"e!vation of 0ood"'

1.3..11 A--%-$+&0( '!/ M+/,($%& R("+$( A0$%%$%(-

O:(0$%(To p!ovide financial a""i"tance to "mall G medim "cale nit" to nde!ta-e

va!io" activitie" nece""a!y to inc!ea"e thei! "ale" in dome"tic and fo!ei0n ma!-et" and to

c!eate phy"ical ma!-etin0 inf!a"t!ct!e'




21/97



E"%%"( B!//!@(/-E#i"tin0 nit" 7at lea"t fo! t$o yea!"8 $ith 0ood t!ac- !eco!d 7no

defalt to any financial in"tittion" %an- and a""et cla""ified a" "tanda!d %y %an-8 and

ha" "ond financial po"ition and ha" po"itive net $o!th G ea!ned p!ofit in la"t t$o yea!"8'

E#i"tin0 o! ne$ nit" $ith 0ood t!ac- !eco!d G "ond financial po"ition a!e eli0i%le fo!a""i"tance nde! the "cheme fo! e"ta%li"hin0 pe!manent e#hi%ition o! t!ade cent!e"'

1.3..12 A0>#%-%$%!& !' E%-$%& A--($- +& E&$(//%-(-

O:(0$%(To e#tend financial a""i"tance fo! ta-in0 ove! of e#i"tin0 a""et" ente!p!i"e"'

E"%%"( B!//!@(/-Individal"1 pa!tne!"hip fi!m"1 p!ivate Gp%lic limited companie"1

co3ope!ative "ocietie" etc'1 en0a0ed in !e"pective activitie" eli0i%le fo! a""i"tance f!om the

Co!po!ation and in e#i"tence fo! minimm pe!iod of @ yea!" $ith 0ood t!ac- !eco!d'

1.3..13 A--%-$+&0( $! E&$(/$+%&*(&$ I-$/

O:(0$%( The o%4ective of the "cheme i" to p!ovide financial a""i"tance fo! the

con"t!ction p!cha"e of cinema hall"1 mltiple#e"1 p!odction of "ho!t T, "e!ial"1

"oft$a!e fo! vi"al media p%licity and feat!e film"'

E"%%"( A--($-A""i"tance nde! the "cheme i" availa%le fo! meetin0 the e#pendit!e on

con"t!ction p!cha"e of %ildin0" fo! mltiple#e" and cinema hall" 7the land co"t $ill

not %e eli0i%le fo! financin081 p!cha"e of capital e/ipment" fo! mltiple#e"1 cinema

hall" and "oft$a!e fo! vi"al media p%licity and fo! p!odction of T, Se!ial"'

1.3..14 A--%-$+&0( $! T!#/%-* R("+$( A0$%%$%(-

O:(0$%( To p!ovide financial a""i"tance fo! "ettin0 p of Am"ement Pa!-"1

Convention Cent!e"1 Hotel" G Re"ta!ant"1 T!avel and T!an"po!t and To!i"t Se!vice"

A0encie"1 and )o%ile Canteen Cate!in0 Se!vice"'

E"%%"( B!//!@(/-Sole p!op!ieto!"hip"1 pa!tne!"hip"1 co3ope!ative"ocietie"1 p!ivate

p%lic limited companie"' Hotel" and Re"ta!ant" $hich a!e located on hi0h$ay" and

"mall to$n" $hich cate! to the need" of to!i"t" $ill al"o %e con"ide!ed fo! a""i"tance'

The !e"ta!ant "hold have a minimm a!ea of > S/' )ete!" 7> S/'ft'8' The Hotel"

"hold have 2oa!din01 Lod0in0 and Re"ta!ant Facilitie" and 2ildin0 Plan app!oved %y

Local Atho!itie"'

1.3..15 A--%-$+&0( $! D!0$!/- = ;#+"%'%( M(%0+" P/+0$%$%!&(/-




22/97



O:(0$%(Fo! p!cha"e of the p!emi"e" !enovation of the e#i"tin0 p!emi"e"1 ac/i!in0

fi#ed a""et" li-e f!nit!e1 compte!"1 office atomation1 am%lance1 ca! van1 inte!io!"

and medica!e !elated e/ipment !e/i!ed fo! a clinic'

E"%%"( B!//!@(/-(octo!" medical p!actitione!" $ith a %achelo!" de0!ee in any

%!anch of medicine f!om !eco0ni&ed in"titte nive!"ity fo! "ettin0 of clinic' People

holdin0 %achelo! de0!ee in !adiolo0y1 %io3phy"ic" and %io3technolo0y1 $ith at lea"t >

yea!" e#pe!ience and a ce!tificate of p!actice f!om a !elevant atho!ity1 /alified

vete!ina!y docto!" a!e al"o eli0i%le fo! a""i"tance' The p!omote!" "hold %e an income ta#

payee fo! la"t @ yea!"'

1.3..16 A--%-$+&0( $! N#/-%& H!*( = H!-%$+"-

O:(0$%(Fo! e"ta%li"hment of ne$ and e#pan"ion mode!ni&ation of e#i"tin0 n!"in0

home" and ho"pital' Loan i" availa%le fo! land1 %ildin0 and e/ipment fo! dia0no"tic1

monito!in0 the the!apetic "e1 ai! conditione!"1 am%lance etc'

E"%%"( B!//!@(/- alified medical p!actitione!" o! ent!ep!ene!" employin0

/alified docto!" to !n the ho"pital n!"in0 home" a!e eli0i%le fo! a""i"tance' The

p!o4ect m"t %e %ac-ed %y e#pe!t of a po"t 0!adate docto! on fll time %a"i"'

1.3..17 A--%-$+&0( '!/ A0>#%/%& E"(0$/! M(%0+" E>#%*(&$

O:(0$%( Fo! p!oc!ement of ne$ elect!o medical and !elated e/ipment $ith

acce""o!ie" li-e CT "canne!"1 Endo"copy1 *a"t!o"copy1 3!ay etc'1 Loan i" al"o availa%le

fo! e"ta%li"hin0 dia0no"i" la%o!ato!ie"'

E"%%"( B!//!@(/-Ho"pital"1 N!"in0 home" and medical p!actitione!" $ith !elevant

/alification in 0ene!al medicine1 denti"t!y1 !adiolo0y etc'1 and ent!ep!ene!" employin0

/alified docto!" a!e eli0i%le fo! a""i"tance fo! ac/i!in0 elect!o medical e/ipment fo!

thei! p!ofe""ional "e'

1.3..1 08(*( '!/ *+"" R!+ T/+&-!/$ O(/+$!/-

O:(0$%(To meet e#pendit!e to$a!d" co"t of cha""i"1 %ody %ildin01 initial ta#e" and

in"!ance fo! ac/i!in0 t!an"po!t vehicle"'

E"%%"( B!//!@(/-Small !oad t!an"po!t ope!ato!"'

1.3..19 A0>#%-%$%!& !' IO 9 (/%(- C(/$%'%0+$%!&




23/97



O:(0$%( The p!po"e of a""i"tance $ill %e to$a!d" meetin0 the e#pen"e" on

con"ltancy1 docmentation1 adit1 ce!tification fee"1 e/ipment and cali%!atin0

in"t!ment" fo! 0ettin0 the ce!tification'

E"%%"( B!//!@(/-E#i"tin0 ind"t!ial conce!n" in the SSI "ecto! $hich a!e in ope!ation

fo! a pe!iod of < yea!" and $o!-in0 p!ofita%ly fo! the la"t @ yea!" and !e0la! in

!epayment to financial in"tittion" %an-" a!e eli0i%le fo! a""i"tance'

1.3..2 F%&+&0%+" A--%-$+&0( $! F!! P/!0(--%& I-$/%(-

O:(0$%(To enco!a0e Food P!oce""in0 Ind"t!ie" to ta-e p technolo0y p0!adation

"ettin0 p of ne$ nit mode!ni&ation of e#i"tin0 nit"'

E"%%"( B!//!@(/-Individal"1 Fi!m"1 Co3ope!ative"1 Companie" and PS+"' +nit" a!e

eli0i%le fo! a 0!ant financial a""i"tance of @> of the co"t of plant G machine!y and

civil $o!-" 7"%4ect to !edcin0 the co"t of ineli0i%le item" p!e"c!i%ed %y the )ini"t!y8

"%4ect to ma#imm of R"'>' la-h"' Sanction" nde! the "cheme to $omen1 SC ST"

a!e 0iven p!io!ity' The "cheme" "hall cove! "pecified "ecto!" fo! activitie" leadin0 to vale

addition and "helf life enhancement'

1.3..21 R(&$+" D%-0!#&$%& 08(*(

O:(0$%(To p!ovide financial a""i"tance on the "t!en0th of the !ent ea!ned %y non3!e"idential p!ope!tie" located $ithin the city and mnicipal limit" of 2an0alo!e1

)an0alo!e1 H%li1 (ha!$ad1 *l%a!0a1 Shimo0a1 2had!avathi1 )y"o!e and 2el0am and

ea!nin0 0!o"" !ent ea!ned of not le"" than R"'@>13 pe! month f!om eli0i%le tenant" of

the p!emi"e"' The p!ope!tie" located ot"ide the 2an0alo!e City Co!po!ation limit" $ill

al"o %e con"ide!ed on ca"e to ca"e %a"i" dependin0 on the location and inf!a"t!ct!al

advanta0e" en4oyed and !ent ea!ned' The tenant" occpyin0 the %ildin0 "hold %e

!epted mlti3national companie"1 nationali&ed and p!ivate "ecto! %an-"1 all India

financial in"tittion"1 in"!ance companie"1 p!ofit ma-in0 p%lic and p!ivate "ecto!

companie" $hich a!e in e#i"tence fo! a minimm pe!iod of > yea!" and ea!ned p!ofit" etc'

E"%%"( B!//!@(/- P!op!ieta!y conce!n"1 pa!tne!"hip fi!m"1 p!ivate p%lic limited

companie"1 t!"t" and co3ope!ative "ocietie" a!e eli0i%le fo! a""i"tance'

1.3..22 08(*( '!/ F%&+&0%& E&(/ +%& P/!:(0$-




24/97



O:(0$%(To p!omote ene!0y "avin0 )S)E" %y p!ovidin0 financial a""i"tance the!e%y

cont!i%tin0 to envi!onmental imp!ovement and economic development in the State'

E"%%"( B!//!@(/- Sole p!op!ieta!y conce!n"1 pa!tne!"hip"1 co3 ope!ative "ocietie"1

p!ivate and p%lic limited companie" etc' E#i"tin0 nit" "hold have a "ati"facto!y t!ac-

!eco!d of pa"t pe!fo!mance and "ond financial po"ition G "hold not %e in defalt to

in"tittion"%an-"' The loan" "anctioned %y the Co!po!ation on o! afte! :'='@= a!e

eli0i%le fo! finance' Loan" availed fo! in"tallation of ene!0y "avin0 e/ipmentnde!

C!edit Lin-ed S%"idy Scheme 7CLCSS8 a!e al"o eli0i%le to %e cove!ed nde! the

"cheme'

1.3..23 G(&(/+" 08(*(

O:(0$%( To e#tend financial a""i"tance fo! ne$ )S)E" "e!vice "ecto!" and fo!

e#pan"ion1 mode!ni&ation1 dive!"ification etc'1 %y the e#i"tin0 nit"'

E"%%%"%$ C/%$(/%+P!o4ect" $hich a!e eli0i%le to %e financed a" pe! the SFC"J Act1 a!e

cove!ed nde! *ene!al Scheme of the Co!po!ation'

1.3..24 08(*( '!/ M%0/! F%&+&0( A0$%%$

O:(0$%()ic!o C!edit o! )ic!o finance !efe!" to e#tendin0 "mall loan" to ve!y poo!

familie" fo! "elf employment p!o4ect" that 0ene!ate income1 allo$in0 them to ca!e fo!

them"elve" and thei! familie"' The di"tinctive feat!e of thi" concept i" empo$e!ment of

$omen financially' The 6omen $ill %e o!0ani&ed into Self Help *!op" 7SH*"8 and

Boint Lia%ility *!op 7BL*"8 and $ill %e involved in p!odctive activitie" th!o0h mic!o

finance'

The p!po"e i" to c!eate a national net$o!- of "t!on01 via%le and ""taina%le )ic!o

Finance In"tittion" 7)FI"8 f!om the info!mal and fo!mal financial "ecto! to p!ovide

mic!o finance "e!vice" to the poo!1 e"pecially $omen'

E"%%%"%$The Con"tittion of the )FI "hold %e Re0i"te!ed Non32an-in0 Financial

Company 7N2FC8' It "hold %e in e#i"tence fo! at lea"t five yea!" and o! "hold have a

demon"t!ated t!ac- !eco!d of !nnin0 a "cce""fl mic!o3c!edit p!o0!amme at lea"t fo! the

la"t th!ee yea!"' The )FI "hold have %een !ated %y main"t!eam !atin0 a0encie" "ch a"

CRISILCAREICRA)3CRIL etc' $ith accepta%le inve"tment 0!ade !atin0' The !atin0

"hold %e valid and "hold not %e le"" than ? month" old' It "hold have %een e#tended

te!m loan %y SI(2I' The )FI "hold have %een ma-in0 ca"h p!ofit" fo! at lea"t la"t t$o




25/97


26/97



O:(0$%(Thi" "cheme i" meant fo! e#tendin0 financial a""i"tance to fi!"t 0ene!ation

$omen ent!ep!ene!" to "et p ne$ SSI nit"' Thi" "cheme p!ovide" e/ity type of

a""i"tance alon0 $ith te!m loan' The e/ity type of a""i"tance i" te!med a" "oft "eed

capital'

E"%%%"%$ The $omen ent!ep!ene!" $ho "ee- a""i"tance nde! thi" "cheme "hold

po""e"" mana0e!ial and technical "-ill to !n the nit and they "hall %e the chief p!omote!

of the p!opo"ed nit'

1.3..29 H%/( P#/08+-( 08(*(

O:(0$%( KSFC int!odced Hi!e P!cha"e "cheme $hich p!ovide" a fa"t ea"y

alte!native to !eady ca"h' +nde! thi" "cheme finance i" availa%le fo! p!oc!in0 vehicle"1

machine!y and e/ipment"'

E"%%%"%$ Ind"t!ial conce!n" $hich a!e in comme!cial p!odction fo! atlea"t @ yea!"

and have ea!ned net p!ofit" and a!e !e0la! in thei! !epayment" to financial in"tittion"

%an-" can avail a""i"tance' P!ofe""ional" and comme!cial t!an"po!t ope!ato!" can al"o

avail the a""i"tance' The nit" !e/i!in0 hi!e p!cha"e a""i"tance may app!oach

e/ipment lea"e finance and Hi!e P!cha"e depa!tment'

1.3..3 N!&C!&(/$%"( D((&$#/(-

O:(0$%( Thi" "cheme $a" int!odced to "%"c!i%e the p!ivate placement of the

de%ent!e" i""ed %y the co!po!ate entitie"' The p!oceed" of thi" de%ent!e i""e "hold%e tili&ed %y the companie" to meet thei! lon0 te!m $o!-in0 capital and capital

e#pendit!e'

E"%%%"%$ C/%$(/%+The Companie" 0ettin0 the a""i"tance "hold fall nde! the !elevant

p!ovi"ion" of SFC"J Act $ith !e0a!d to eli0i%ility fo! "ch a""i"tance' It "hold have %een

in p!odction fo! at lea"t D yea!" and ea!ned p!ofit"' and "hold not %e in defalt to

financial in"tittion" o! %an-"' Fnd" !ai"ed th!o0h i""e of de%ent!e" "hold %e

tili&ed to meet lon0 te!m $o!-in0 capital ma!0in and p to > on capital e#pendit!e'

1.3..31 E(/%0(*+& L!+& 08(*(

Thi" "cheme i" availa%le fo! e#3"e!viceman $ido$" of e#3"e!vicemen to "et p "mall

ind"t!ial nit"1 ac/i!e t!an"po!t vehicle"1 "et p hotel to!i"m !elated activitie" fo!

0ainin0 "elf employment'




27/97



1.3..32 08(*( '!/ O''%0( A#$!*+$%!& A& T/+%&%& I&-$%$#$(-

Financial a""i"tance can %e availed fo! atomation of e#i"tin0 fi!m" and companie"

havin0 "cce""fl t!ac- !eco!d fo! p!ecedin0 D yea!"' Item" that can %e con"ide!ed fo!

finance a!e PC"1 copie"1 fa# machine1 telephone "y"tem etc' )inimm p!omote!"

cont!i%tion $ill %e @>'

Repted companie" can avail loan" fo! "ettin0 p in3ho"e t!ainin0 facilitie" fo! thei!

e#ective"' Te!m loan facilitie" i" p!ovided fo! con"t!ction of %ildin01 ac/i"ition of

f!nit!e1 e/ipment" etc' )inimm p!omote!J" cont!i%tion i" @> and de%t e/ity !atio

$ill %e @5:'

1.3..33 08(*( '!/ R(+ B#%"$ O''%0( = C!&-$/#0$%!& !' N(@ O''%0( B#%"%&

Fi!m" and companie" $hich have %een in ope!ation fo! at lea"t > yea!" $ith a "cce""fl

t!ac- !eco!d fo! p!ecedin0 D yea!" a!e eli0i%le fo! a""i"tance 7"cheme applica%le to

2an0alo!e city only8'

1.3..34 A0>#%-%$%!& !' L+& = B#%"%& = C!**(/0%+" +0(

Individal"1 fi!m" and companie" a!e eli0i%le fo! a""i"tance fo! ac/i!in0 ind"t!ial plot"

comme!cial land a" a pa!t of p!o4ect" that can %e financed %y KSFC' A""i"tance can al"o%e e#tended fo! ac/i!in0 !eady %ilt comme!cial "pace in a mlti"to!ied comple# fo! the

p!po"e of "ettin0 p hotel" and !e"ta!ant" o! othe! activitie" that can %e financed %y

KSFC'

1.3..35N+$%!&+" E>#%$ F#& 08(*(

Thi" "cheme p!ovide" e/ity type of a""i"tance p to R"' @'> la-h" to "mall

ent!ep!ene!" fo! e#i"tin0 and ne$ p!o4ect" in the tiny1 "mall "cale1 "e!vice "ecto!" and fo!

!eha%ilitation of potentially via%le "ic- SSI nit"' A""i"tance f!om NEF help" the "mall

"cale nit" in "t!en0thenin0 thei! e/ity %a"e'




28/97



1.3..36 ;#+"%'%( P/!'(--%!&+"- L!+& 08(*(

The alified p!ofe""ional" in the field" of mana0ement1 accontancy1 medicine1

vete!ina!y1 a!chitect!e and en0inee!in0 a!e p!ovided financial a""i"tance fo! "ettin0 p

%"ine"" ente!p!i"e" p!ivate p!actice con"ltancy nit" nde! thi" "cheme' 2oth ne$ and

e#i"tin0 p!ofe""ional ent!ep!ene!" a!e eli0i%le fo! financial a""i"tance'

1.3..37 F!/(%& L($$(/ O' C/(%$

KSFC ha" %een ope!atin0 the "cheme of openin0 Fo!ei0n Lette! of C!edit fo! impo!tin0

the capital 0ood" th!o0h comme!cial %an- e#cl"ively fo! it" %o!!o$e!" "ince :;;>' The

"cheme i" ope!ated in the Hi!e P!cha"e G Financial Se!vice" depa!tment of head office'

1.3..3 L!+& 08(*( '!/ C!&-$/#0$%!& A0$%%$

O:(0$%( To p!ovide financial a""i"tance to p!ope!ty develope!"1 con"t!ction

companie" and fi!m" fo! con"t!ction of 0!op ho"in01 comme!cial comple#e"1 "oft$a!e

pa!-" and inf!a"t!ct!e p!o4ect" li-e !oad"1 flyove!"1 %!id0e" etc'

E"%%"( B!//!@(/- Individal" 7cont!acto!"81 fi!m" and companie" $ho have %een in

ope!ation fo! at lea"t > yea!" and have p!oven p!ofit !eco!d fo! at lea"t p!evio" D yea!"

and "hold not %e in defalt $ith comme!cial %an-" financial in"tittion". the net $o!th

comp!i"in0 of e/ity and !e"e!ve" and "!pl" "hold not e#ceed R"'@' c!o!e. the

p!o4ect co"t "hold not e#ceed R"'@' c!o!e'

1.3.9 O$8(/ F%&+&0%+" (/%0(-




29/97



KSFC al"o !ende!" othe! financial "e!vice" apa!t f!om the "cheme" mentioned a%ove' The

"e!vice" $hich it offe!" a!e 0iven %elo$5

1.3.9.1 G(&(/+" I&-#/+&0(

KSFC ha" ente!ed into a "t!ate0ic alliance $ith IFFCO3TOKIO *ene!al In"!ance

Company to ma!-et the Non Life In"!ance P!odct"' Thi" $old ena%le the client" of

KSFC to have c!edit and the in"!ance nde! one !oof' The p!emim ta!iff" applica%le a!e

"ame a" the othe! in"!ance companie" and at no e#t!a "e!vice cha!0e"' An e#cl"ive

In"!ance Cell $ith $ell t!ained "taff i" in ope!ation at Head Office' The detail" of the

0ene!al pe!il" cove!ed a!e5

Fi!e

Ea!th /a-e

2!0la!y

)achine %!ea-do$n

)a!ine

Ca"h "afe t!an"it

Fidelity 0a!antee

Ho"ehold In"!ance

Pe!"onal Accident Cove!

)edical In"!ance

,ehicle In"!ance

2an-e!" Indemnity T!ade and Office

Elect!onic E/ipment'

T!avel In"!ance'

1.3.9.2 L%'( I&-#/+&0(

KSFC ha" ente!ed into "t!ate0ic alliance $ith Life In"!ance Co!po!ation of India1 the

la!0e"t and olde"t Life In"!ance Co!po!ation of the cont!y1 to ma!-et it" Life In"!ance

P!odct"' The Co!po!ation $ill help the c"tome!" in identifyin0 the tailo! made policie"

"ita%le fo! thei! ft!e financial need" and e#tend p!ofe""ional "e!vice f!om p!oc!ement

of policie" to "ettlement of claim"payment on mat!ity to the c"tome!"' The client" of

KSFC can avail1 a" $elfa!e mea"!e" to cove! c!itical illne"" !i"-" death !i"-" of thei!




30/97



employee" and al"o avail *!op *!atity "cheme" to cove! thei! "tatto!y lia%ilitie" and

o%tain ta# e#emption" on p!emim" paid'

The "e!vice" a!e availa%le at no e#t!a co"t at Head Office and at all the %!anche" of the

Co!po!ation "itated in the di"t!ict head /a!te!"' The Co!po!ation %elieve" that Life

in"!ance i" not only an inve"tment deci"ion %t al"o a !i"- p!otection' The -ey pe!"on" of

the vent!e" $ho have availed the loan" f!om KSFC can avail "pecial policie" to p!otect

a0ain"t the !i"- of %!den of de%t in ca"e of happenin0 of any nfo!tnate event to the -ey

pe!"on' KSFC do have $ell t!ained "taff fo! "e!vicin0 the client" of life in"!ance at Head

Office a" $ell a" 2!anch Office'

1.3.9.3 UTI M#$#+" F#& P/!#0$-

KSFC ha" ente!ed into )O+ $ith +TI )F fo! di"t!i%tin0 +TI )F p!odct"' +TI

)tal Fnd i" one of the leadin0 )tal Fnd in the cont!y' It ha" 0ot mo!e than

R"'D=1D>=' c!o!e $o!th of a""et" nde! it" mana0ement' It ha" 0ot mo!e than c!o!e "ha!e" fo!

"%"c!iption %y the p%lic1 ha" to appoint a monito!in0 a0ency' KSFC i" a notified a0ency

fo! thi"' The $o!- involve" in"pection of the %oo-" of accont" and phy"ical a""et" of the

company eve!y "i# month"1 ntil the completion of the p!o4ect to ve!ify and ce!tify that

the p!oceed" of the i""e a!e tili"ed to$a!d" the o%4ect" of the i""e decla!ed in the

p!o"pect"' The companie" plannin0 to i""e IPO" can tili"e the "e!vice" of Co!po!ation

fo! )onito!in0 A0ency a""i0nment a" pe! SE2I 0ideline"'




31/97



1.3.9.5 I&'/+-$/#0$#/( D(("!*(&$

Inf!a"t!ct!e i" an inte0!al pa!t of the "e!vice" "ecto! and play" a c!cial !ole in the

ind"t!ial development' 6ith !apid 0!o$th of the economy in !ecent yea!"1 the

impo!tance and !0ency of inf!a"t!ct!e development ha" inc!ea"ed' Reco0ni"in0 thi"1

the Co!po!ation a" pa!t of dive!"ification1 ha" ta-en p inf!a"t!ct!e development

p!o4ect" $ith p%lic p!ivate pa!ticipation'

The Co!po!ation ha" %een initially foc"in0 on identifyin0 vala%le land" in the p!ime

localitie" in and a!ond 2an0alo!e City o$ned %y va!io" 0ove!nment depa!tment"

0ove!nmental a0encie" !e0i"te!ed "ocietie" t!"t" etc'1 e#plo!in0 "ita%le inf!a"t!ct!e

development on 4oint vent!e %a"i"' In !e"pect of "ch 4oint vent!e p!o4ect"1 the

Co!po!ation ta-e" ca!e of all the financial tie3p" fo! development of the"e p!ope!tie"'

The e#pected income ot of diffe!ent !evene model" $ill %e "ha!ed $ith the o$ne!" ofthe p!ope!tie" in app!op!iate !atio on mtally a0!eea%le te!m" and Co!po!ation

nde!"tandin0 the afte! "tdyin0 economic" via%ility&

The p!opo"ed 4oint vent!e p!o4ect" $ill %e of $o!ld cla"" and "tate of a!t technolo0y' It

cold %e IT pa!-1 "hoppin0 mall1 comme!cial comple#1 SEM1 etc'1 dependin0 pon the

location of the p!ope!ty and comme!cial potentiality of the place' Thi" ne$ activity $ill

en"!e ""tained ca"h flo$ fo! the conce!ned o$ne! of the p!ope!ty a" $ell fo! KSFC %y

$ay of !ental" and othe! ea!nin0" $hich $ill %e mtally %eneficial to %oth the

in"tittion"'

A "epa!ate inf!a"t!ct!e development depa!tment i" c!eated fo! thi" p!po"e and i" flly

fnctional'

1.3.1 L(&%& P!"%0 N!/*- +& P+/+*($(/-

The Co!po!ation fo!mlate" lendin0 policy at the %e0innin0 of each financial yea!' The

loan" a!e 0iven %a"ed on the lendin0 policy of the Co!po!ation' The lendin0 policy cove!"

va!io" a"pect" li-e the 0!op e#po"!e1 th!"t "ecto!"1 "ecto!" in the ne0ative li"t1

p!omote!" cont!i%tion1 "ec!ity ma!0in1 collate!al "ec!ity no!m" etc' The ind"t!ial

policie" of the State and Cent!al *ove!nment a!e al"o ta-en into accont $hile

fo!mlatin0 the lendin0 policy of the Co!po!ation'




32/97



P!"%0 !& M%&%*#* L!+& %( The policy on the minimm loan "i&e of R"'>' la-h"

i" applica%le fo! all activitie" e#cept medical and vete!ina!y docto!" $he!e minimm limit

i" R"'@' la-h"'

The minimm "i&e of the loan fo! othe!" i" !edced to R"'@' la-h" in ca"e of e#i"tin0

nit" 0oin0 in fo! e#pan"ion mode!ni"ation'

P/!*!$(/-< C!&$/%#$%!&The minimm p!omote!" cont!i%tion a" the pe!centa0e of

the total p!o4ect co"t p!e"c!i%ed in va!io" "cheme" va!ie" %et$een @@'> and DD'D

dependin0 on the location of the p!o4ect1 va!io" "cheme" of SI(2I ope!ated %y the

Co!po!ation1 cla"" of ent!ep!ene! etc' The follo$in0 no!m may %e follo$ed $hile

"anctionin0 the loan5

PARTICULARMINIMUM PERCENTAGE

ON PROECT COT

2ac-$a!d di"t!ict !e0ion" @

Non3%ac-$a!d di"t!ict !e0ion" @@'>

NEF )+N Scheme :

RSR Fle#i%le

(* Set loan :

T+"( 1.2 P/!*!$(/- C!&$/%#$%!&

D($ E>#%$ R+$%! The Co!po!ation adopt" the no!m" fo! (e%t E/ity Ratio a" pe! the

0ideline" i""ed %y the Small Ind"t!ie" (evelopment 2an- of India f!om time to time'

P/(-(&$ N!/*-

LOAN LIMIT=CHEME DEBTE;UIT RATIO

+pto R"':' la-h" D5:

A%ove R"':' la-h" @5:

RSR Scheme Fle#i%le

)ode!ni"ation Scheme P!o4ect" 9 < 5 :

Ove!all 9 @ 5:

Additional Loan" 7 $ithin ove!all P!o4ect" 9 @ 5 :




33/97



limit8 Ove!all 9 @ 5:

Re"idential Apa!tment P!o4ect" :5:

Re"idential Layot fo!mation : 5 :

T+"( 1.3 D($ E>#%$ R+$%!

D($ (/%0( C!(/+( R+$%! DCR)The !epayment pe!iod of loan i" fi#ed %y the

Co!po!ation $ith de !e0a!d to the ca"h 0ene!ation G p!ofita%ility of the p!o4ect' Fo! thi"

p!po"e1 ave!a0e (SCR !an0in0 %et$een :'>5: and @5: ha" %een accepted a" !ea"ona%le'

In p!o4ect" involvin0 mainly land %ildin0 "ch a" comme!cial comple#e"1 "oft$a!e

technolo0y pa!-"1 ind"t!iale"tate"1 hotel" etc'1 $ith a""!ed income1 the (SCR can %e

!ela#ed p to :'@>5 :'' The (SCR indicate" the a%ility of the p!o4ect to "e!vice the de%t"

d!in0 the c!!ency of the loan'

R(+*(&$ P(/%!The !epayment pe!iod of the te!m loan va!ie" %et$een D to = yea!"

incldin0 mo!ato!im pe!iod of ma#imm @ yea!" dependin0 on the pe!iod of

implementation' In !e"pect of co!po!ate loan1 the ma#imm !epayment pe!iod i" D?

month" incldin0 "i# month" mo!ato!im'

(0#/%$ In addition to the p!ima!y "ec!ity i'e'1 a""et" financed %y the Co!po!ation1

collate!al "ec!ity a" pe! the lendin0 policy of the Co!po!ation i" in"i"ted' The collate!al

"ec!ity !e/i!ement depend" pon the type of p!o4ect1 location1 "ecto!1 /ality of p!ima!y

a""et" etc'

1.3.11 P#/!-( +& L%*%$ !' A--%-$+&0(2ein0 a te!m lendin0 a0ency1 Co!po!ation e#tend" financial a""i"tance no!mally fo!

c!eation of fi#ed a""et" in the fo!m of land1 %ildin01 plant G machine!y and

mi"cellaneo" a""et" !e/i!ed fo! the p!o4ect'

Ho$eve!1 the Co!po!ation al"o e#tend" "ho!t o! medim te!m loan" in the fo!m of

$o!-in0 capital te!m loan and co!po!ate loan to meet the !0ent $o!-in0 capital

!e/i!ement" of the ne$ and e#i"tin0 nit"' The Co!po!ation e#tend" financial a""i"tance

fo! c!eation of fi#ed a""et" a" al"o $o!-in0 capital fo! c!!ent a""et" nde! "in0le $indo$type of a""i"tance in de"e!vin0 ca"e"' KSFC e#tend" financial a""i"tance fo! e"ta%li"hin0

ne$ nit" a" $ell a" fo! e#pan"ion dive!"ification mode!ni&ation of the e#i"tin0 nit"'

L%*%$ !' A00!**!+$%!&

The follo$in0 i" the ma#imm limit of loan that cold %e availed %y the ent!ep!ene!"5




34/97



CATEGOR MAIMUM LOAN

P!op!ieta!y Pa!tne!"hip R"'@' la-h"

Co!po!ate %odie" 7%oth p!ivate p%lic Ltd81 and

!e0i"te!ed co3ope!ative "ocietie"

R"'>' la-h"

T+"( 1.4 L%*%$ !' L!+&

N!$(-

In !e"pect of ne$ nit" e#i"tin0 nit" ope!atin0 "cce""flly1 ma#imm limit can %e

e#tended pto R"'=' la-h" fo! cate0o!y 9 7i8 and R"'@' la-h" fo! cate0o!y

9 7ii8' In !e"pect of cate0o!y 7ii8 the financial a""i"tance can %e 0!anted p!ovided paid p

capital and f!ee !e"e!ve" do not e#ceed R"'D' c!o!e'

If the !e/i!ement of fnd" fo! the p!o4ect i" "%"tantial and cannot %e e#tended %y

the Co!po!ation alone1 then the !e/i!ement of loan fo! "ch p!o4ect" can %e met in

con"o!tim $ith othe! Financial In"tittion"'

1.3.12 P/!0(#/( '!/ A+%"%& F%&+&0%+" A--%-$+&0(

A "pecial cell vi&'1 Ent!ep!ene!ial *idance 7E*8 Section headed %y an A""t' *en')ana0e! ope!ate" at the Head Office of the Co!po!ation to 0ide the ent!ep!ene!" in

!e"pect of va!io" "cheme" ope!ated %y the Co!po!ation1 loan facility availa%le1 te!m" of

a""i"tance etc'

A %!ief p!o4ect p!ofile !epo!t $ill have to %e 0iven %y the p!omote!" "oon afte! they app!oach

the conce!ned 2!anch )ana0e! A*) 7E*8 at HO $ith the loan p!opo"al' The p!o4ect !epo!t

$ill al"o %e p!epa!ed %y the 2!anch )ana0e! A*) 7E*8 in con"ltation $ith c"tome!' The

p!o4ect !epo!t "o p!epa!ed $ill %e conte!"i0ned %y the conce!ned ent!ep!ene!" fo! havin0 0iven

con"ent fo! the "ame' To$a!d" thi"1 a nominal fee 7non3!efnda%le8 $ill %e cha!0ed a" detailed

%elo$5

PARTICULARFEE PER PROECT

PROFILE

Fo! loan" pto R"' @>' la-h" R"':13

Fo! loan" %et$een R"'@>' la-h" R"'@13




35/97



and R"'>' la-h"

Fo! loan" a%ove R"'>' la-h" R"'D13

T+"( 1.5 F(( $/#0$#/(

In !e"pect of p!o4ect p!opo"al" $he!e the p!o4ect co"t i" le"" than R"'>' la-h"1 the

conce!ned 2!anch )ana0e! in !e"pect of 2!anch Office A*) 7E*8 in !e"pect of HO

"hall accept the p!opo"al" $ithot placin0 it %efo!e PCC' Only "ch p!opo"al" $he!e the

p!o4ect co"t i" R"'>' la-h" and a%ove $ill %e placed %efo!e the P!o4ect Clea!ance

Committee )eetin0 at Head Office'

Afte! !eceipt of the p!o4ect p!ofile 7vide anne#!e 3II8 alon0 $ith the %io3data and net

$o!th detail" 7vide Anne#!e3III81 the main p!omote!" a!e called fo! di"c""ion $ith the

committee and afte! di"c""ion"1 if the p!o4ect i" fond "ppo!t $o!thy the application i"

i""ed' A "et of th!ee application" i" i""ed' The dly filled application" have to %e

"%mitted in dplicate alon0 $ith va!io" enclo"!e" a" pe! chec-li"t 0iven in the

application fo!m' One application may %e !etained %y the ent!ep!ene! fo! !efe!ence' The

othe! t$o application fo!m $ill have to %e "%mitted alon0 $ith the applica%le p!oce""in0

fee'

The follo$in0 a!e the fee "t!ct!e p!evailin0 at p!e"ent'

Application p!oce""in0 fee of the loan amont

U'/!&$ '((

Small Scale Ente!p!i"e" and othe!" of the loan amont

)edim Scale Ente!p!i"e" : of the loan amont

T+"( 1.6 F(( $/#0$#/(

The pf!ont fee $ill have to %e paid at the time of le0al docmentation o! %efo!e availin0

the fi!"t di"%!"ement of the loan amont'

The application p!oce""in0 fee and pf!ont fee a!e non !efnda%le' Ho$eve!1 in ca"e the

loan application i" !e4ected1 !efnd pto a ma#imm of > of p!oce""in0 fee" paid i"

allo$ed on a ca"e to ca"e %a"i"'




36/97


37/97



1.

a' All Te!m Loan" 7incldin0 6CTL8 to )S)E"1

%' Ac/i"ition of ISO acc!editation1

c' SRTO" and Ac/i"ition of p!ivate vehicle"1

d' To!i"m !elated activitie"5 Am"ement pa!-"1 Re"ta!ant"1

T!avel G T!an"po!t1 To!i"t Se!vice A0ency1 Hotel" G

Re"ta!ant"1 )o%ile CanteenCate!in01 Re"o!t"1 Se!vice

Apa!tment"1

e' Health Ca!e Se!vice"5 A""i"tance to (octo!"alified

)edical P!actitione!"1 N!"in0 Home"Ho"pital"1 Elect!o

)edical E/ipment'

f' A""i"tance to /alified p!ofe""ional"5 )ana0ement

P!ofe""ional"1 )edical P!ofe""ional"1 Accontin0

P!ofe""ional"1 A!chitect" G En0inee!"1 ,ete!ina!y Clinic"'

0' (* Set"1 )o%ile *ene!ato!"1

h' *odo$n 6a!eho"e G Convention cente!"'

i' Office Atomation

4' T!ainin0 In"tittion"'

13.5 13.5

2.

a' Con"t!ction 2yin0 Comme!cial Comple#e"1

%' Con"t!ction activitie" li-e Re"idential Apa!tment"1 ,illa"1

*!op ho"in01 Lay ot fo!mationP!ope!ty (evelopment

c' Shoppin0 Comple#e"1

d' Ind"t!ial E"tate"1 IT Soft$a!e Pa!-"1

e' Ready %ilt office "pace1 Con"t!ction2yin0 Ready %ilt

"ho$ !oom" and Sale" otlet"1 (evelopment1 )aintenance

and Con"t!ction of Road"Inf!a"t!ct!e P!o4ect"'

f' P!ofe""ional Edcation In"titte"'

0. CORPORATE LOANS TO A2O,E ACTI,ITIES7nde!

Sl' No' @8

15.5 15.5




38/97



3.

a' Co!po!ate loan"17e#cldin0 Co!po!ate loan" to activitie" at

Sl' No' @81 A)ARA "cheme1 2!id0e loan" 1 Finance to

e#i"tin0 a""et"1

%' Ente!tainment ind"t!y 7incldin0 Cinema

Theat!e)ltiple#1 P!odction of feat!e film"1 T, "e!ial"1

(%%in0 Reco!din01 Soft$a!e fo! vi"al media p%licity8'

15. 15.

4. P!ivile0ed Ent!ep!ene!" Scheme 14.5 14.5

5. Scheme fo! Ene!0y Savin0 P!o4ect" 7SESP8 fo! )S)E" 14.5 14.5

TABLE 1.7 INTERET RATE TRUCTURE

1.3.14 A08%((*(&$- !' $8( C!/!/+$%!&

In the >@ yea!" of it" e#i"tence1 KSFC ha" cont!i%ted mo"t "i0nificantly fo! the 0!o$th

of S)E"1 %ac-$a!d a!ea development and p!omotion of fi!"t 0ene!ation ent!ep!ene!"' It"

achievement in the"e a!ea" i" npa!alleled' It" achievement" can %e "mma!i&ed a"

follo$"5

Since it" inception1 KSFC ha" a""i"ted mo!e than :'? la-h nit" $ith cmlative

"anction of mo!e than R"' : i" to$a!d"

S)E"'

Int!odction of mo!e than D loan a""i"tance "cheme fo! e#tendin0 a""i"tance to all

"ection" of the "ociety'




39/97


40/97


41/97



7FINANACE AN( OPERATION8 and ? *ene!al )ana0e!"3Co!po!ate Plannin01 C!edit"1

Inte!nal Adit1 Monal1 Admini"t!ation and A""et Recon"t!ction' At the "enio!

mana0ement level1 (*)"1 A*)"1 $ith a le0al advi"o! and t$o additional le0al

advi"o!" a!e fnctionin0' )an0e!" and (epty )ana0e!" e#ecte the policie" at themiddle level' Monal Office" and Spe! A *!ade 2!anche" a!e headed %y (*)"' All A

*!ade 2!anche" a!e headed %y A*)"' )ana0e!" head all 2 *!ade 2!anche"'

M+&+(*(&$ T(+*

L%-$ !' B!+/ !' D%/(0$!/-

L.NO. NAME DEIGNATION

1. S!i'Ka"hi- )-he!4ee1 I'A'S'1 Chai!man G

)ana0in0 (i!ecto!

2. S!i' )')adan *opal I'A'S )ana0in0 (i!ecto! 3. S!i'2'R' P!em Kma! (IRECTOR

4. S!i' S'( 2!de (IRECTOR

5. S!i' ,' )adhavan Nai!1 I'A'S'1 (IRECTOR

6. S!i' *!deep Sin0h (an0 (IRECTOR

7. S!i' Sat Pal (IRECTOR



SRI L' ,' NA*ARABAN1

IAS1 CHAIR)AN1 KSFC

)A(AN *OPAL )1 IAS1

)(1 KSFC


42/97



. S!i' C' 2a"ave0o$da (IRECTOR

9. S!i' *'S' (o!e"$amaiah (IRECTOR

1. S!i' H','S' K!i"hna (IRECTOR

T+"( 2.1 L%-$ !' B!+/ !' D%/(0$!/-

E(0#$%( C!**%$$((

L.NO. NAME DEIGNATION

1. S!i' )' )adan *opal1 I'A'S' Chai!man

2. S!i' 2'R' P!em Kma! )em%e!

3. S!i' S'(' 2!de )em%e!

4. S!i' *!deep Sin0h (an0 )em%e!

5. S!i' Sat Pal )em%e! 6. S!i' C' 2a"ave0o$da )em%e!

7. S!i' *'S' (o!e"$amaiah )em%e!

T+"( 2.2 L%-$ !' E(0#$%( M(*(/-

O/+&%-+$%!& $/#0$#/( C8+/$




43/97

!

ana

g i

ng

4i r

ec

t

or

!

ana

g i

ng

4i r

ec

t

or

#

4

#

4

G

!

5o

nes

G

!

5o

nes



C8+/$ 2.1 O/+&%-+$%!& $/#0$#/( !' KFC




44/97



A/(%+$%!&- '!/ $8( +/%!#- -8!/$ '!/*- #-( %& $8( !/+&%+$%!&+" 08+/$

EAE#ective A""i"tant

EDE#ective (i!ecto!

GM*ene!al )ana0e!

AGMA""i"tant *ene!al )ana0e!

IAInte!nal Adit

HPHi!e p!cha"e

ITInfo!mation Technolo0y

ARA""et Recon"t!ction

UMDSic- +nit )onito!in0 Cell (ivi"ion

BD CR2"ine"" (evelopment G C!edit Re"ea!ch

T( !' O/+&%-+$%!& $/#0$#/(

KSFC follo$" fnctional fo!m of o!0ani&ation "t!ct!e' +nde!1 fnctional o!0ani&ation1

men $ith "pecial a%ilitie" to pe!fo!m "pecific fnction $ill %e employed and the %enefit

of "peciali&ation $ill %e en4oyed %y the o!0ani&ation' Thi" $ill ce!tainly lead too!0ani&ational %alance %y "in0 the "e!vice" of "peciali"t" in the !e/i!ed fnction"'

A+&$+(- !' F#&0$%!&+" O/+&%+$%!&

Fnctional fo!m of o!0ani&ation "t!ct!e offe!" the follo$in0 advanta0e"5

1) Thi" method 0ive" fll "cope fo! divi"ion of la%o! and "peciali&ation and the!efo!e1

ena%le" the conce!n to de!ive all the advanta0e" of "peciali&ation'

2) The mo"t impo!tant advanta0e of fnctional o!0ani&ation i" the e#ten"ive "e of the

e#pe!t -no$led0e of the "peciali"t"' Plannin0 and e#ection of the $o!- %ecome"

"cientific %eca"e it i" ent!"ted to the e#pe!t" in that field'3) It !edce" the %!den of e#ective" a" they a!e not !e/i!ed to pe!fo!m too many

dtie"'




45/97



4) The "y"tem p!omote" co3ope!ation a" the!e i" little o! no "cope fo! one man cont!ol

in the o!0ani&ation'

D%-++&$+(- !' F#&0$%!&+" O/+&%+$%!&

Thi" fo!m of o!0ani&ation "t!ct!e "ffe!" f!om the follo$in0 di"advanta0e"5

1) The p!inciple of nity of command i" i0no!ed nde! thi" "y"tem'

2) It i" difficlt to achieve co3o!dination %et$een the "peciali"t" and team3"pi!it amon0

$o!-e!"'

3) The ove!head e#pendit!e inc!ea"e" con"ide!a%ly %eca"e of mltiplicity of

"peciali"t"'

2.2 REPONIBILIT AND AUTHORIT OF KE PERONNEL OF KFC

Follo$in0 4o% de"c!iption" a!e made fo! the office!"1 A*)" and a%ove level5

2.2.1 M+&+%& D%/(0$!/

)ana0in0 (i!ecto! i" the chief e#ective office! of KSFC !e"pon"i%le fo! ove!all

"t!ate0ie"1 policie"1 !e"o!ce" and ope!ation of the %"ine""' He i" the atho!ity fo!

implementin0 the di!ective" of the %oa!d and al"o the di"ciplina!y atho!ity. a" "ch he

lead" KSFC /ality initiative"&

R(-!&-%%"%$ +& A#$8!/%$ !' M+&+%& D%/(0$!/

1) Settin0 the ta!0et" fo! va!io" pe!fo!mance pa!amete!" G thei! accompli"hment

th!o0h "ita%le ope!ational "t!ate0ie"

2) Empo$e!ed to ca!!y ot e#ective fnction incldin0 /ality "y"tem eithe!

independently o! th!o0h dele0ation of atho!ity'3) In addition to the a%ove he i" !e"pon"i%le and atho!i&ed

To define G !evie$ the /ality policy and /ality o%4ective of KSFC'

To define and develop the o!0ani&ational "t!ct!e1 definin0 atho!itie"G

!e"pon"i%ilitie" of pe!"onnel and thei! inte! !elation"hip'

To p!ovide ade/ate mate!ial and hman !e"o!ce'

To appoint mana0ement !ep!e"entative'

To condct mana0ement !evie$"'




46/97



2.2.2 E(0#$%( D%/(0$!/ F%&+&0()

1) )ana0in0 the affai!" pe!tainin0 to the finance and t!ea"!y'

2) )ana0in0 the affai!" pe!tainin0 to all 2!anche" and Mone"1 HO1 Inte!nal Adit

fnction"'

3) In"pection of 2O" and Revie$ of ope!ational pe!fo!mance of all 2O" and othe!

!elated depa!tment" in HO on monthly %a"i" and "%mit !epo!t" G nece""a!y

0ideline"1 policie" etc'1

4) Any othe! matte!" !elated to a%ove depa!tment" 2O"'5) He "hall !epo!t to )ana0in0 (i!ecto!'

6) Effective implementation of ality Sy"tem in hi" fnctional a!ea" incldin0 53 Revie$ of ality O%4ective"'

(ocment" and (ata Cont!ol'

,e!ification plan and thei! mea"!ement'

Cont!ol of nonconfo!min0 "e!vice" G P!odct"'

Co!!ective and P!eventive Action'

P!oce"" Cont!ol G it" validation'

Cont!ol of ality Reco!d"'

ality )ana0ement Revie$'

2.2.3 E(0#$%( D%/(0$!/ O(/+$%!&-)

1) Ca!!yin0 ot %"ine"" ope!ation" a" pe! the ta!0et" "et fo! diffe!ent pe!fo!mance

pa!amete!"'2) )ana0in0 the affai!" pe!tainin0 to ent!ep!ene!ial 0idance1 %"ine"" development1

Sanction"1 di"%!"ement1 Recove!y of )oney" f!om all HO ca"e1 2( G CR1 A""et

Recon"t!ction1 HPGFS1 FS(1 Admini"t!ation Pe!"onnel1 Le0al 7HO8 depa!tment"

G Ind"t!y Revival *!op 7IR*8 Cell'

3) I""in0 ope!ational 0ideline" policie"'

4) Revie$ of ope!ational pe!fo!mance" of !elated depa!tment" on monthly %a"i" and

"%mit !epo!t"'5) He "hall !epo!t to )ana0in0 (i!ecto!'

6) Effective implementation of ality Sy"tem in hi" fnctional a!ea" incldin0 53

Revie$ of ality O%4ective"'

(ocment" and (ata Cont!ol'

,e!ification plan and thei! mea"!ement'

Cont!ol of nonconfo!min0 "e!vice" G P!odct"'




47/97



Co!!ective and P!eventive Action'

P!oce"" Cont!ol G it" validation'


ality )ana0ement Revie$

.

2.2.4 G(&(/+" M+&+(/ C/(%$-)

1) )atte!" pe!tainin0 to "anction"1 di"%!"ement and monito!in0 at HO nde! atho!ity

dele0ated f!om time to time'

2) Spe!vi"ion of fnctionin0 of C!edit" depa!tment' HO'3) App!ai"in0 the p!o4ect of "pecific cate0o!y and !ecommendin0 "anction of loan" to

the "anctionin0 atho!ity'

4) Relea"e of "anctioned loan a" pe! cont!act'

5) T!an"fe! of loan file to !ecove!y afte! final !elea"e of loan'6) A""i"tin0 mana0ement in monito!in0 the policie" 0ideline"'

7) He "hall !epo!t to E#ective (i!ecto! 7O8'

) Effective implementation of the ality Sy"tem in thei! fnctional a!ea"'

2.2.5 G(&(/+" M+&+(/ A--($ R(0!&-$/#0$%!&)

1) Ove!all In cha!0e of AR G HPGFS Section"'

2) )atte!" pe!tainin0 to Recove!y f!om non3acc!ed a""et"1 incldin0 (C (C7T8

3) Pe!iodical !evie$ of the $o!- of "ection head"'

4) Inve"ti0ation of pe!"onal p!ope!tie"1 attachment" o%tainin0 dec!ee" filin0 EP etc'15) Condctin0 "ale ne0otiation nde! SARFAESI'

6) )onito! G Revie$ of all co!t ca"e" of AR G HPGFS "ection incldin0 $!it

petition"1 pe!"onal 0a!antee involved dec!eed EP etc'17) One Time Settlement p!opo"al" f!om %oth 2O" G HO in !e"pect of (C G )R ca"e"'

A""i"tin0 mana0ement to fo!m the policie" 0ideline" G Condctin0 (RC meetin0"

at HO and othe! defalt !evie$ meetin0"'

) En"!in0 attachment of pe!"onal p!ope!tie"'9) He "hall !epo!t to E#ective (i!ecto! 7Ope!ation"8'

1)Effective implementation of /ality "y"tem in the fnctional a!ea"'

2.2.6 G(&(/+" M+&+(/ R(0!(/)

1) Effective and Efficient fnctionin0 of the !ecove!y po!tfolio'2) App!ovin0 atho!ity fo! !e"chedle!epha"ement of the in"talment d!in0

implementation "ta0e'




48/97



3) App!ovin0 atho!ity fo! !eha%ilitation'

4) )onito! G !evie$ of !ecove!ie"

5) Revie$ of !elated depa!tment" on monthly %a"i"

6) Any othe! matte! inclded hi" depa!tment

7) He "hall !epo!t to E#ective (i!ecto! 7O8') Effective implementation of /ality "y"tem in the fnctional a!ea" of !ecove!y

depa!tment" incldin0. (ocment G (ata Cont!ol'


Cont!ol of Non Confo!min0 P!odct"

Co!!ective G P!eventive action'

ality )ana0ement Revie$'

Revie$ of fnctional level ality O%4ective"'

2.2.7 G(&(/+" M+&+(/ P(/-!&&(" A*%&%-$/+$%!&)

1) )ana0in0 the affai!" pe!tainin0 to Admini"t!ation and Pe!"onnel and (i"ciplina!y

$in0'

2) Selection and 0ettin0 app!oval and pe!iodic a""e""ment of "%cont!acto!" fo!

maintenance !elatin0 to office e/ipment1 %ildin0" ai! conditionin01 0ene!ato!"1

t!an"po!t vehicle"1 f!nit!e1 compte!"1 commnication "y"tem etc'13) All e"ta%li"hment matte!"'

4) P!oc!ement of office e/ipment1 "tatione!y and con"ma%le"'5) )atte!" pe!tainin0 to "taff $elfa!e'

6) HR(1 Rec!itment1 (i"ciplina!y1 Ca!ee! (evelopment Admini"t!ation1 E#pendit!e

cont!ol etc'1

7) Implementation of HR policie"'

) All othe! matte!" !elated to a%ove depa!tment"'

2.2. G(&(/+" M+&+(/ !&(-)

1) Effective and efficient fnctionin0 of %!anch office" 7No!th and Soth8 in !e"pect of.

2) 2"ine"" (evelopment'3) Ent!ep!ene!ial *idance

4) En/i!y handlin0

5) Handlin0 of Application'6) App!ai"al of P!o4ect"'

7) Sanction and di"%!"ement of loan"') Recove!y of loan'




49/97



9) In"pection of 2O" a" pe! di!ection

1)A""i"tin0 mana0ement in modifyin0 policie" 0ideline"

11)En"!in0 achievement" "et ta!0et" of 2O" comin0 nde! hi" B!i"diction

12)He "hall !epo!t to E#ective (i!ecto! 7F8'

2.3 AREA OF OPERATION

KSFC "e!vice" the noo- and co!ne! of Ka!nata-a $ith it" e#ten"ive net$o!- of &onal

office"1 D "pe! A 0!ade %!anch office"1 and :< 2 0!ade %!anch office" $ith an

empo$e!ed and decent!ali&ed admini"t!ative "y"tem' It i" the only te!m lendin0 financial

in"tittion in the "tate of Ka!nata-a $ith "ch a $ide"p!ead net$o!-'

The a!ea of ope!ation cove!" the enti!e State of Ka!nata-a' KSFC ha" 2!anche" in all the

di"t!ict head /a!te!"' The ind"t!ial nit" "e!vice "ecto!" e"ta%li"hed o! to %e e"ta%li"hed

$ithin the State a!e only eli0i%le fo! a""i"tance' The 2!anch Office" of the Co!po!ation

a!e ade/ately dele0ated $ith po$e!" of "anction and di"%!"ement' *ene!ally1

!e/i!ement" of financial a""i"tance pto R"':' la-h" a!e handled %y the conce!ned

2!anch Office it"elf' If the !e/i!ement of loan i" mo!e than R"':' la-h"1 the

ent!ep!ene!" $ill have to app!oach Head Office'

H(+ O''%0(

KSFC" Head Office i" located at1

)" Ka!nata-a State Financial Co!po!ation1

KSFC 2HA,AN

Q:: Timmaiah Road1

Nea! Antonment Rail$ay Station1

2an0alo!e 3>?>@1

Tel5 @@@>:D1

6e%5 $$$'-"fc'in

#(/ A G/+( B/+&08(-




50/97



)'* Road 2!anch1 2en0al!

Bayana0a! 2!anch1 2en0al!

Ra4a4ina0a! 2!anch1 2en0al!

A G/+( B/+&08(-

2en0al! R!al

2el0am

2ella!y

(ha!$ad

*l%a!0a

Ha""an

Kola!

)andya

)an0alo!e

)y"o!e

Tm-!

+dpi

B G/+( B/+&08(-

2a0al-ot

2ida!

2i4ap!

Chama!a4ana0a!

Chit!ad!0a

(avana0e!e

*ada0

Have!i

Ka!$a!

Koppal

)adi-e!i

Raich!

Shimo0a

!&+" B/+&08(-

2en0al! R!al

2el0am

(avana0e!e




51/97



(ha!$ad

*l%a!0a

)an0alo!e

)y"o!e




52/97



CHAPTER 3

DEPARTMENT OF KFC

3.1 DEPARTMENT OF KFC

(epa!tment i" a "peciali&ed fnctional a!ea$ithin an o!0ani&ationo! a divi"ion1 "ch

a" accontin01ma!-etin01plannin0' *ene!ally eve!y depa!tment ha"

it"o$nmana0e!and chain of command' KSFC ha" cla""ified it" va!io" activitie" and

ha" a""i0ned the"e activitie" to diffe!ent depa!tment"' It ha" the follo$in0 depa!tment"'

3.1.1 R(0!(/ D(+/$*(&$

Collection of amont" de i" te!med a" Recove!y' Recove!y of money i" one of the ma4o!

"o!ce" of the fnd" fo! the co!po!ation' The health of the co!po!ation i" 4d0ed %y the

e#tent of !ecove!y that it can effect' The !epayment pe!iod i" 0ene!ally fi#ed p to 3=

yea!" $ith a mo!ato!im pe!iod of :3@ yea!" fo! "ond via%le p!o4ect'


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Head Office ha" t$o Recove!y (epa!tment" called Recove!y3: and Recove!y3@' R3:

loo-" afte! the 2an0alo!e ca"e"1 R3@ loo-" afte! the ot"ide 2an0alo!e ca"e"' It ha" al"o

t$o (epty *ene!al )ana0e!" to loo- afte! !ecove!y $o!-" fo! 2en0al! and othe! than

2en0al! ca"e"' The total !ecove!y d!in0 the yea! @:3:: "tood at R"' >=?': c!o!e a"compa!ed to R"' >>


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It f!ni"he" pe!fo!mance of the co!po!ation to SI(2I on monthly1 /a!te!ly1 and

annal %a"i"'

It f!ni"hin0 info!mation to 0ove!nment" (epa!tment of Ind"t!ie" and Comme!ce'

It p!epa!e" ope!ational "tati"tic" of the Co!po!ation'

3.1.5 (0/($+/ D(+/$*(&$

It facilitate" "mooth fnctionin0 of the mana0ement 72oa!d1 E#ective Committee81

condct" %oa!d meetin0" G e#ective committee meetin0"1 !ende!" "e!vice" to the "ha!e

holde!"1 and place" impo!tant matte!" %efo!e the %oa!d to facilitate policy ma-in0 fo!

efficient $o!-in0 of the co!po!ation'

3.1.6 C/(%$ D(+/$*(&$

It pe!fo!m" the follo$in0 fnction"5

It collect" the data f!om the loan applicant"'

It ve!ifie" the data'

It app!ai"e" the p!o4ect in te!m" of it" financial1 technical1 and ma!-etin01 fea"i%ility'

2a"ed on the via%ility of the p!o4ect1 it !ecommend" the loan.

3.1.7 P(/-!&&(" A*%&%-$/+$%!& +& T/+%&%& D(+/$*(&$


It f!ame" HR policie"

T!ainin0 and development

Rec!itment1 t!an"fe! and p!omotion"

The co!po!ation ha" cla""ified employee" a" cla""3A1 cla""321 cla""3C employee"'

Cla""3A con"i"t of e#ective" di!ecto!"1 0ene!al mana0e!" depty 0ene!al mana0e!"1

a""i"tant 0ene!al mana0e!"1 mana0e!" and depty man0e!" Cla"" 9 2 con"i"t of a""i"tant

mana0e!"1 a""i"tant"1 "teno0!aphe!"1 Typi"t and cle!-"' Cla"" 9 C con"i"t of d!ive!"1

daffeda!"1 peon" etc'




55/97


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A3< depa!tment deal" $ith con"olidation of accont" of all the

%!anche"!econciliation of fnd t!an"fe!'

Thi" depa!tment i" al"o conce!ned $ith p!epa!ation of PGL ac and 2alance Sheet'

3.1.11 I&'!/*+$%!& T(08&!"! D(+/$*(&$

The fnction" and advanta0e" of Info!mation technolo0y (epa!tment a!e a" follo$"5

It help" in maintainin0 and pdatin0 the !eco!d" of the data of c"tome!"'

The effective "e of IT in accontin0 and all ope!ational a"pect" of the co!po!ation'

Imp!oved c"tome! "e!vice'

Imp!ovement in commnication th!o0h advanced technolo0y'

2ette! cont!ol ove! decent!ali&ed ope!ation'

3.1.12 A--($ R(0!&-$/#0$%!& D(+/$*(&$


Thi" depa!tment handle" ch!onic defalt ca"e"1 and ca"e" $he!e "it" a!e filed fo!

f!the! !ecove!y'

Thi" depa!tment i" al"o en0a0ed in the ta"- of li/idatin0 a""et" $hich a!e "ei&ed

ta-en ove! a" pe! the po$e! confe!!ed on KSFC " @; of the SFC" Act' It en"!e" !ecove!y of loan in"tallment" $ith inte!e"t and othe! applica%le cha!0e"'

3.1.13 (029 D(+/$*(&$

The o%4ective of thi" depa!tment i" to help !ecove!y of lon0 pendin0 loan" nde! SEC3@;

of SFC" Act1 pe!tainin0 to %!anch office" $he!e the loan "anctioned i" R" @> la-h" o!mo!e and a""et" ta-en ove! +S @; $ill %e %o0ht fo! "ale th!o0h Ne0otiation

Committee $hich i" headed %y E( 7F8'

The "ale of a""et" $ill %e finali&ed and %!anche" $ill %e advi"ed to complete the "ale

p!oce"" $he!eve! the "ale of a""et" i" app!oved %y competent atho!ity'




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3.1.14 I&$(/&+" A#%$ D(+/$*(&$

The Inte!nal Adit (epa!tment i" located at Head Office $ith inte!nal adit cell at

)y"o!e1 (ha!$ad1 and Raich!' Thi" depa!tment pe!fo!m" the follo$in0 fnction"5

The depa!tment condct" adit of co!po!ation cove!in0 all the a!ea" of "anction1

di"%!"ement1 !ecove!y1 finance and accont"1 le0al docmentation1 and 0ene!al

admini"t!ation etc'

The Inte!nal Adit (epa!tment at HO i" fnctionin0 a" a nodal office and

coo!dinatin0 the $o!-" of inte!nal adito!" and the adit committee of the %oa!d'

3.1.15 T/(+-#/ D(+/$*(&$

It mo%ili&e" the fnd" at competitive co"t to meet the !e/i!ement" of KSFC p!omptly

and "e!vice" the fnd" !ai"ed'

3.1.16 B#-%&(-- D(("!*(&$ +& C/(%$ R(-(+/08 D(+/$*(&$

2( G CR depa!tment condct" %"ine"" p!omotional activitie" to enhance %"ine""

oppo!tnitie" and to e#plo!e the po""i%ilitie" of e#tendin0 financial a""i"tance' The

depa!tment nde!ta-e" follo$in0 activitie"5

To de"i0n via%le "cheme" %a"ed on the ma!-et and c"tome! !e/i!ement"'

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