Documents

Neww

Description
new
Categories
Published
of 81
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
   1 Table of Contents   Part I Executive Summary  ................................................................................................ 4   Introduction  ......................................................................................................... 5   Background ..................................................................................................................................................... 5   Objectives ....................................................................................................................................................... 5   Vision ............................................................................................................................................................. 5   Mission ........................................................................................................................................................... 5   INTRODUCTION TO BSC (BANKING SERVICE CORPORATION)  .................................. 6   Functions Delegated to SBP (BSC):  ..................................................................................................... 7   SPB-BSC Field Offices .................................................................................................................................. 8   NIBAF:  ............................................................................................................... 9   Functions of NIBAF ....................................................................................................................................... 9  Organizational Chart...................................................................................................................................10   Role of SBP-BSC in Currency Circulation  ........................................................... .......11    National bank of Pakistan ............................................................................................................................. 11    National bank and State bank act of 1956  ............................................................................................ 11   Enhanced Role of Currency Chests ..................................................................................................... 12    National bank operations on behalf of state bank of Pakistan.  ............................................................... 13   Currency Circulation Through NBP Chests:  ................................................................ 14   Currency circulation process ........................................................................................................................ 14   Currency circulation from NBP‟s main chests to its sub -chests:  ............................................................ 15   Withholding capacity of the chest  ....................................................................................................... 15   Process of sending the remittance to the chests:  ................................................................................... 16   Channel used in sending the remittance:  ............................................................................................. 16   Maintaining chest vault in state bank of Pakistan:  .......................................................... 17   Accounting Process ...................................................................................................................................... 17   Types of Accounts …………………………………………………………………………………………17   Home note account ....................................................................................................................................... 18   Value account ............................................................................................................................................... 19   Units,which have been visited during internship…  ......................................................... 20   Deposit Accounts Unit .................................................................................................................................. 20   Prize Bond and Saving Certificate Unit  ............................................................................................... 21   Internal Audit Unit  .......................................................................................................................... 233   Public Accounts Unit .................................................................................................................................... 24   Foreign Exchange Unit ………………………………………………………………………….. 28 Administration Unit ...................................................................................................................................... 30   Development Finance Unit ........................................................................................................................... 31   Currency Management Unit ......................................................................................................................... 33   SWOT Analysis  ................................................................................................... 36   Part II Project Carried out at SBP (BSC) D.I.Khan…………………………………………….39   Suggestions and Recommendations  ............................................................................ 78   Conclusion………………………… .. ……………………………………………………………………. 80  Bibliography  ................................................................................................. …. 81     2 Acknowledgment First and foremost, I am greatly thankful to Almighty ALLAH, who gave me strength to complete this report. I would like to deeply thank State Bank of Pakistan for giving me the great opportunity to be the part of its internship program. It gave me lot of precious and valuable knowledge regarding all the banking functions. I wish to express my sincere gratitude to Mr. Shahab, my internship program supervisor, his willingness to motivate me, contributed tremendously to my internship program and conducting the report. Besides, I would like to thank all the supervisors and mentors of the state bank units, whose great efforts and kind teachings gave me the opportunity to take part and learn about the operations of those units working actively in the bank. Fahim Ullah khan BBA (Hons.) 2010-14   3 Acronym BSC Banking Services Corporation CM Chief Manager DCM Deputy Chief Manager ACM Assistant Chief Manager A/C Account AG Accountant General AGPR Accountant General Pakistan Revenue B.D Bank Draft BSC Banking Service Corporation CDNS Central Directorate of National Savings CMU Currency Management Unit CTS Cheque Truncation System DAU Deposit Account Unit DDO Drawing and Disbursing Officer D.P Demand Promissory FBR Federal Board of Revenue FEU Foreign Exchange Unit FTO Federal Treasury Officer G.D Government Draft GPF General Prevalent Fund GTA Group Terms Assurance IAU Internal Audit Unit L.C Letter of Credit MT Mail Transfer  NBP National Bank of Pakistan  NIBAF National Institute of Banking and Finance  NIFT National Institutional Facilitation Technologies  NSS National Savings Scheme OG Officer Grade PAU Public Accounts Unit PBC Pakistan Business Council PDO Public Debt Office PSPC Pakistan Security Printing Corporation RTGS Real time gross settlement SBP State Bank of Pakistan TO Treasury officer T.T Telegraphic Transfer   4 Executive Summary   As we all know that state bank is the central bank of Pakistan and the whole economic structure of the country revolves around it and it controls and regulates all the commercial banks which operate in Pakistan. It is a monetary body. It monitors all the commercial banks and maintains and manages the money supply in the country. State Bank of Pakistan is the Banker's Bank and it is also the Bank of Government this is the reason by virtue of which I took my attention towards State Bank for internship. There are some Units in this bank and each Unit perform separate actions for daily financial matters that ‟s  why one can learn a large number of things in this bank. I routed in several Units of SBP-BSC. I also discussed the Strengths, weaknesses, Opportunities and Threats related to the SBP-BSC.I  prescribed some valuable suggestions to policy makers of State Bank and in the end I concluded the overall discussion.
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks