MBA BANKER

 SINGAPORE Ladies and Gentleman, today we will read out the story of a man (Our Hero) who turned the small island of Singapore from a slum colony to one of the richest nations in the world.  From our first part we knew, in 1965 Singapore was already facing an economic crisis and apart from that they had no natural resources, no population advantage, no industries,very less factories and most importantly their biggest employer, that is, the British Army was planning to leave which was about to wipe out 20% of their GDP. BASICALLY, EVERY POSSIBLE OBSTACLE THAT YOU CAN THINK ABOUT TO PULL THE COUNTRY DOWN TO EXTREME POVERTY WAS BEING FACED BY SINGAPORE. So the question is:- Who is this Leader? What was his strategy? And more importantly what can a country like India learn from the incredible case study of Singapore? This incredible person That i am talking about is Lee Kuan Yew  and his strategy can be summarised in 3 important pillars that laid down the foundations for Sing...

 Ladies and gentleman, we all know Singapore to be the developed country it is now but just few decades back it was considered to be an underdeveloped country.  Today we will discuss  and take you in a visit of Singapore's Transformation journey from a struggling island Nation to a thriving metropolis. Hi everybody, The evolution of Singapore is one of the most fascinating case studies in the modern world history. While our generation knows Singapore as a beautiful, fully developed country, very few of us know that just a few decades ago in the 1950s, Singapore looked like this.  The unemployment rate was high. Communal riots were erupting from time to time and the land of Singapore itself was one of the largest slum colonies in the world. And not just that Unlike other countries, Singapore had some severe disadvantages, they neither had a large population to depend on nor did they have vast lands and most importantly they did not have any natural resources like coal...

Hi, everybody on 7th of february 2022 the CBI booked abg shipyard its directors and ABG international pvt ltd for allegedly causing losses of Rs 22842 cr to consortium of 28 banks. INTRODUCTION ABG shipyard once considered to be a powerhouse in ship building with an order book of Rs 16600 cr is now under investigation for pulling off the biggest banking fraud in indian history. Now just to give you guys a context of how big a fraud this is if you see neerav modi pulled off a 11356 cr scam and vijay mallya pulled off a scam of Rs 9000 cr both of them together account for Rs 20356 cr of scam but ABG SHIPYARD alone amounts to 22842 cr  The question is how does the shipping industry function in the first place. What is the story of ABG shipyard and how did they manage to pull off such a big scam right in front of the banks in the country. Understanding About SHIPPING INDUSTRY The first thing you need to understand is how does the shipping industry operate to put in simple words the...

Published on October 22.10.2022 The day was Friday before Diwali. I walked into my familiar retail banking branch. Aghast to find that the Manager (Accounts) was swarmed by a host of clientele. I thought at 3p.m, the Manager would have some leisure. She did not have even her lunch by that hour. The reasons: In a sparsely staffed branch, three employees were on leave; the Branch Manager went on leave for writing an examination. There were at least fifty KYCs of new accounts on her table to key in and approve. Across the counter, the patient customers, understanding her position, exhibited no hurry. The requests ranged from non-responding ATM, YONO, to repayment of retail loans, to irregularities in them to set right and approve, opening the SD Locker, and a pensioner like me requesting for the new ID card. Enhanced Access and Service Excellence (EASE), fifth edition promises a focus on driving an enhanced digital experience along with data-driven, integrated inclusive banking across all...

The bank's profitability was driven by strong growth in core operating income .   The bank's asset quality improved while interest income saw a robust growth .  The bank plans to sustain this trend as the new lines of businesses launched. During the quarter  , core operating income stood at  ₹ 3,947 crore in Q2FY23 rising by 35% compared to  ₹ 2,930 crore in Q2-FY22 aided by strong NII and fee income growth. Meanwhile, net interest income (NII) climbed by 32% to  ₹ 3,002 crore in Q2FY23 from  ₹ 2,272 crore in Q2 of FY22. Net interest margin expanded to 5.98% i n the quarter under review from 5.83% in Q2FY22 and 5.89% in Q1FY23. We are confident of sustaining this trend as the new lines of businesses launched , such as cash management, wealth management, FASTag, and credit cards , are at the start of the journey and have immense potential going forward Said by  V Vaidyanathan, the Managing Director, and CEO, IDFC FIRST Bank. During the quarter...

 STOCKS AVOID 1)The Utility Sectors 2) Commodities Sector 3) Public Sector 4) Business To Government Now Understand one by one below- UTILITY SECTOR Utility means the things which are used regularly by everybody like water, air, electricity, internet, mobile, Oil. Without these things in todays world no one can live. So if prices get increased, the inflation will also rise for which common will suffer. In this case government will come to the rescue and will cap the price of these things. So as a investor even though i know data consumption is getting increased i will avoid such companies of Telecom, Power sector.  COMMODITIES SECTOR Companies which produce and market  Mineral, Metal, Mines, Oil companies don't have much pricing power. They are having capital intensive companies. Take into consideration of cement companies they can not sell a bag of cement at Rs 500 when others are selling in Rs 355. So they have to sell at around Rs 355 to Rs 360. Also for example all oi...