Tuesday, September 7, 2010
Monday, September 6, 2010
Agriculture and Banking
I was reading some of my student-groups presentation / submissions on a few banks including foreign banks. With reference to Bank of America and Citibank, they have traced the origins of the banks to have started as farmers' bank first and then converted to commercial banks. This is a news to me, honestly.
And then, in today's The Hindu Business Line, a full page coverage was given linking Agriculture and Technology with a mini-ad from Yes Bank. Earlier, I used to caution my banking students (at MBA level) to be in preparedness to work in social banking, rural banking or microfinance (if not priority sector lending) even if they are joining the new generation banks like ICICI Bank.
And then, in today's The Hindu Business Line, a full page coverage was given linking Agriculture and Technology with a mini-ad from Yes Bank. Earlier, I used to caution my banking students (at MBA level) to be in preparedness to work in social banking, rural banking or microfinance (if not priority sector lending) even if they are joining the new generation banks like ICICI Bank.
Sweat Equity
Sweat Equity means Equity acquired by a company's executives on favorable terms, to reflect the value the executives have added and will continue to add to the Company. I have to carry out some work to find out more about this term, and compare it with ESOP and what are the provisions of Indian Companies Act.
Read more: http://www.investorwords.com/4840/sweat_equity.html#ixzz0ykS4cm9h
Read more: http://www.investorwords.com/4840/sweat_equity.html#ixzz0ykS4cm9h
Sunday, September 5, 2010
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