Strategies IN Mind

To challenge the competitors, there must be timely up-gradations in ourselves to beat out them from the bottom. The same is happening in the cellular network world in India. Reliance Jio ( latest & strongest ) entry with its unimaginable plans had terrified the whole industry. The ranking of 'The Best Networks in India' got shaken. Even Bharti Airtel, who tops most of the time in ranking is also looking for merger & acquisitions to remain in the top positions. Other networks also planning to stay in the top names ! This summary of   Network Crisis will update you about ' What is happening in Cellular Network Space '?. ⇝Reliance-Aircel Merger In 2016, talks between Reliance & Aircel gets started to become the 4th largest Cellular network in India .  As per the Economics times, National Company Law Tribunal (NCLT) approves the merger on August 15,2017. The Benefits from this merger are :- Aircel & Reliance will transfer Rs.20,000 each o...

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...