Dr. D.Subbarao, Governor, Reserve Bank of India had on 03rd May,2013 announced the Monetary Policy Statement 2013 -14. Apart from the Union Budget announced every year, this is one of the policy statements which I keenly follow, not only as a banker, but even as an individual. If the Union Continue Reading
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Back in 1986, Manappuram was a single branch entity based at Valapad (Thrissur District) with total assets of Rs.25 lakhs and three employees, serving perhaps a couple of thousand customers. Today, we are a nationwide presence with over 3,300 branches across 26 states and UTs. Our assets under management (AUM) stand at about Rs.10,000 crore, […]Continue Reading
P.N.C.Menon 64, Chairman Emeritus, Sobha Developers, plans to give away half his estimated $435 million fortune though he hasn’t signed the Giving Pledge. “I decided these 25 years ago,” says the real estate baron. “It’s nothing new.” The Sri Kurumba Trust, his family’s charitable arm, adopted 4 villages in his native Kerala state in 2006 […]Continue Reading
Kerala Tourism today received a shot in the arm as the first seaplane to enter a pioneering service that will connect the state’s most popular backwater destinations arrived at Kochi airport to a ceremonial welcome. Hon’ble Minister for Tourism Shri A P Anil Kumar, accompanied by State Planning Board Vice Chairman Shri K M Chandrasekhar […]Continue Reading
South Indian actress Leena Maria Paul was arrested along with her friend Balaji were arrested by the Chennai and Delhi Police in a cheating case which was registered in Chennai. Balaji and Leena Maria Paul had recently cheated an victim of Rs.76 lakh, with Balaji introducing himself as an IAS office and seeking an investment […]Continue Reading
Whether it’s on the bus, train, car, or plane, traveling can be something that leaves your skin and hair looking a mess. One of the most difficult things to do while you’re on the road or air so to say is to keep oneself kempt. For those who have come across the hassles of having […]Continue Reading
An entrepreneur’s life is not easy. But as an entrepreneur will not sit back and take what life deals him; he attacks life head on, takes charge of his own life, and has an unrelenting determination to establish his own path in life In a book called “Think and Grow Rich” by Napoleon Hill, Mr. […]Continue Reading
Look at the upcoming generations. Well I don’t actually need to tell you that in order for you to take a note of them, because the fact of the matter is they are doing a marvelous job themselves of placing their genius of ideas in the spotlight. You know those five guys who founded the […]Continue Reading
Shelter, Food and Clothing are considered as the most basic needs of any individual. Housing is thus considered as a national priority and has been given a lot of focus and incentives. In my last article I had mentioned about the additional incentive proposed by the Union Budget 2013 to a person taking a loan […]Continue Reading
In August 2010, the RBI first released its discussion paper seeking views on the issue of new banking licenses. More recently, in February 2013, the RBI came out with detailed guidelines on the eligibility criteria for these new licenses. Corporates and public sector entities with a track record of 10 years or more can apply […]Continue Reading
