Strategies IN Mind

Fed Hike or Fed Rate Hike are just the anonyms . To understand this, first we have to break it in parts :- * Fed  ~ Federal (Fed) Reserve Bank is the central bank of America. * Rate ~ It signifies the interest rate charge by the banks. * Hike ~ It means increase (of interest rate). Only meaning is not enough unless you understand on what basis Fed raises rates, why they do, how rates are decided & so on. So, lets train in a summarized manner :) Pic Credit - CNN Money ⇛What is Federal Rate or Federal Fund Rate ? It is the interest rate charged by depository institutions (say Banks) from other banks. But only when they borrow/lend money to each other overnight , or without any collateral (security). ⇛ What is Federal Funds ? Federal Funds are those funds which are deposited by the banks with the Federal Reserve to meet 'Bank Reserve Requirements' (In India, it is known as ' Cash Reserve Ratio '). Generally, it is a percentage of depo...

On Nov 27, 2014, the RBI (Reserve Bank of India) has issued " Guidelines for licensing of Payment Banks in India " & seeks application from the eligible applicants for setting up of Payment Banks. On Feb 04, 2015, RBI releases name of 113 applicants & out of which 41 was for Payment Banks, remaining for small finance banks . And out of 41, only 11 were selected by RBI. They are :- Aditya Birla Nuvo, Airtel M Commerce services, Cholamandalam Distribution Services, Department of Post, FINO Pay Tech, NSDL, Reliance Industries Ltd, Sun Pharma, Paytm, Tech mahindra & Vodafone (m-pesa). Cholamandalam Distribution Services, Sun Pharma, Tech mahindra have surrendered their licenses i.e, they are not operating now. Lets move to check what do you mean by a 'Payment Banks' & some other things to break the ice :- ⊶ What are Payment Banks ? It is a new business model of Bank framed by RBI . It has same features as of the normal bank...

⇛ What is NPA ? As per Reserve Bank of India (RBI),  an  asset , including a  leased asset , becomes  NPA  (non performing asset) when it  ceases to generate income  for the bank. It is a part of "Stressed Assets". Also check NPA & Special Mention Accounts  (in summary) ~ useful in Bank Audits. ⇛ What is Stressed Assets ? Stressed Assets = NPAs + Restructured Loans  + Write off Assets Till May, 2017 total stressed assets in the banking sector stands at more than Rs. 12 lacs crores . ⇛ How NPA ? There are few reasons for a loan which becomes NPA :- Crony Capitalisation :- It is the leniency by bank officials to corporates . You can also understand by this  ~ "the success of every business depends on close relationships between business people & government officials". Delay in Asset Quality Review (AQR). Bank's Board :- The role of bank's board should be assertive in their choic...

As per Reserve Bank of India (RBI),  an asset , including a leased asset , becomes NPA (non performing asset) when it ceases to generate income for the bank. BEFORE 2014 Also, it was defined as  a Credit Facility in respect of which the interest / installment of principal   has remained ' past due ' for a specified period of time. 'Past Due' means amount not been paid within 30 days . And it becomes NPA, if amount not paid within 90 days . FROM & AFTER 2014 As per the new guidelines (26/02/2014) of RBI, before a loan account turns into a NPA, banks are required to identify the stress into the account by creating 3 sub-categories under Special Mention Account (SMA) category . SMA Sub-Categories  # Revitalising Distress  Assets in the economy -- Guidelines on Joint Lender Forum (JLF) & Corrective Action Plan (CAP)

# What is Bitcoin ? As per Forbes, the money you have been using all your life is backed by a government of some sort, it exist in a tangible (which can be touched & feel) form. Bitcoin is neither tangible nor backed by anyone. It is a Digital currency (also known as Crypto-currency, a digital asset that exist only on data) launched in 2009 by a person or a group of people operating under the name "Satoshi Nakamoto". # Why Bitcoins ? Bitcoins are impossible to counterfeit. You can use them to send or receive any amount of money, with anyone, anywhere in the world at very low cost . Bitcoins payments are impossible to block & Bitcoins wallets can't be frozen . Bitcoin Wallet # Who uses Bitcoins ? Generally, the Techy persons & Hackers uses it to demand funds secretly. Bitcoin is a computer program , which is fast with no security checks (like OTP). But digital sign is necessary for every transaction. # Worth It ?...

Snapdeal, being a re-organized, focused & entrepreneurial company now facing uncertainties & struggling in operating its business. The reasons behind this fruitful journey to the mess is covered in the below tiny article : In 2016-17, Snapdeal was struggling in raising funds from the investors but continued spending money on the variable costs which led to  Cash Crunch . Kalaari capital & Nexus ventures are  joint ventures  (JVs) firms who make funding in leading companies and so as invested in Snapdeal too. SoftBank also was another biggest investor holding 33% ownership. Few months later, partnership between these two biggest investors didn't go well and contradictions were initialized  on the basis of Board seats.  SoftBank had two seats giving more power & rights in the company. Kalaari and Nexus were holding one seat each. Storm did not stop here. Freecharge , e-commerce website for recharges, bill payments & much more, owne...