Sunday, October 21, 2012

Mangalore: 'Anveshana' Held at A J Institute of Management

Mangalore: 'Anveshana' Held at A J Institute of Management

Study Report on SBI 2010

Study Report on State Bank of India

Suddenly I laid my hands on a very interesting report on SBI today. Please click here to view / read:

My sixty years of life and ...

I just completed sixty years of engaging life only yesterday.  I took a four day break from Oct 19 to be with my family members in Bangalore.  We decided it to be a low key affair, not to make a pomp or show to announce about my Shashtipoorthi, because the next big thing in my life is in store.  We performed Satyanarayana pooja at home, attended by a limited number of friends and relatives.  My photos on this occasion are loaded in the Face Book page :
My Sixty years and Face Book page...
I have been studying for the past six months all about ATMs in India, being in their 25th year. I remember that the first ATM was started by HSBC in Mumbai in 1987.  Banking industry has been expanding to serve the customers better and better by innovations and modernisations on an ongoing basis, despite being criticised by every one. This study might add some value to the information compiled / collected by me and loaded in my blog  As an ex-banker, I feel extremely happy to find that contrary to the general feeling and criticism, our banks either public, private or foreign, are doing very well to meet the increasing challenges. It pains me when I read news about thefts and frauds taking place in ATMs now and then. Let us fervently hope that the industry grows and serves us all as per estimates in future. ATMs in India

Wednesday, October 3, 2012

Base Rates in Indian Banking System

Interest Rates in India were regulated for long years by RBI up to 1993.  On introduction of Financial Sector Reforms, after recommendations of first Narasimham Committee recommendations, several initiatives were taken to streamline the banking system.  Deregulated interest rates is one of them.  Due to pressure and stress on the productivity and profitability on account of internal and external reasons of course, all types of banks in India but PSBs in particular, were blamed to be inefficient.  Their Balance Sheets were neither strong nor clean let alone transparent.  Definition of NPA in a phased manner brought in a good amount of profitability in their management of credit portfolio.  Cost of Funds were looked at scientifically after ALM was also introduced in 1998-99. 

Prime Lending Rate, Benchmark Prime Lending Rate and now Base Rate have got in to the system pushing the different types of banks to operate in a competitive environment.  The regulator was a silent spectator till early nineties when CRR was at highest ie., 15% and SLR at its peak ie., at 39.5% thus choking the funds management and banks were struggling with several compliances like Priority Sector Lending.  Even now, there is a complaint that SMEs and other businesses are not being financed by the banking system at concessional rates making their viability very difficult. SBI being the leader in so many ways plays the role of trend setter and it is obligatory on the part of RBI to listen to their views.

Monday, October 1, 2012

TAPMI organised Disha-2012, the fourth annual HR Conclave on Sept 8-9, 2012

My 60th Birthday (20th Oct) was celebrated in advance on Sept 30 at Lions Meet, Manipal