“ Banking is necessary but Banks are not.” These words from Mr Bill Gates , Chairman Microsoft is a true indication of the way in which banking habits of people has transformed over the years. Technology has definitely changed the way people has been doing banking. Gone are the days when Continue Reading
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 Budget affects the family budget […]Continue Reading
In the last issue I had mentioned about investing in bank deposits for enjoying income tax exemption. A few days later there was a mail in my inbox from one of the readers asking if I could explain the logic of charging a higher tax deduction at source on amount placed in NRO deposits with […]Continue Reading
Last week I received a call from one of my friends, who is running a successful business in Chennai. Without any customary introduction he started bombarding at me “ What do you think you bankers are up to? Do you ever know the trouble of managing a business? You keep on reminding us about our […]Continue Reading
Ajith Pegasus, the brainchild behind beauty successful pageants like Miss South India and Miss Queen of India, will be directing his debut movie ” Ravu”. The shooting will begin in early September. The movie is produced by ARVA Productions. The star cast will include Nancy Gupta, Sabnam Miss South India, […]Continue Reading
