Current Rates 2011

Due to Inflation rate still high and in an uncomfortable level, RBI has keep on increasing the bank rate to curb the inflation rate(almost 10 times in the last 15months). These are present rates in 2011.   Bank Rate 2011: 6.0% Repo Rate: 7.50% + 0.50% + 0.25% + 0.25% (as on 16/December/2011) = 8.25% Reverse Repo Rate: 6.5% + 0.50% + 0.25%(16/December/2011) = 7.50% (A further 0.50%/50 basis points has been increased as a part...

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Internship Project Titles

Here are few summer internship project broad titles which can be undertaken in Finance, Operation, Marketing, Human Resource(HR) areas. JIT (just in time)  EOQ ABC analysis  Vendor performance  Quality Circle TQM ISO 9000 Value engineering Centralize purchase system Management Audit Company analysis with ratio/fund flow Study of stock exchange Role of SEBI Joint venture of the company Takeover/Acquisition or Mergers performance analysis Marginal cost as management tool Product Life Cycle Media plan Test Marketing/Pilot study Export...

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Economic Role of Factoring in Financing Small Business.

An survey found that bank owned and independent factoring firms revealed that factoring companies combines credit insurance, book keeping of the client, and the supply of finance(which is the main function).  Different services are offered to the particular requirements of each client, but clients are not obliged to take all the services. Factoring companies usually work with multiple firms within a specified industry which will help this in gaining the knowledge/ experience from dealing with different clients and the customers make themselves...

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Types of Factoring service companies and reasons?

Two types of factoring business can be classified, namely bank-owned and independent factoring firms. There is a clear distinction from the results between factoring firms owned by banks and smaller independent factors. Bank owned factors has more diversified portfolio in terms of a firms of different sizes, while the smaller ones were largely positioned at the smaller end of the market. The main reason for this relationship is the degree of competition between large and small factors. The larger factors enjoy economies of scale, have...

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How Factoring Business select their clients?

The important basis or parameter used by a factoring business is turnover/sales as that will reflects the clients business volume, and also helps in figuring out the future growth of the firm and present stage. Factoring works in different ways Further factoring business based on client's turnover is taken two important reasons. 1)    Client sales turnover is considered to be an important criteria for taking an decision to supply the factoring service, which means overall firms profit is considered. 2)    For...

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What is Factoring and How it works?

Meaning / Definition of Factoring:  Factoring is a basically an agreement between two firms in carrying an financial transaction whereby a business job sells its Accounts Receivable(invoices) to a Third party company (called a factor) at an discount rate/interest for such service provided. Factoring Process and Operation. The Process of Factoring works like this:  Steps how Factoring works When a customer firm places order with...

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Deodorants Available in Market!

Lately one can see many brand of deodorants are available in the market, where few months back only very selective brands were known.  It clearly shows that there is huge market for this kind of products.  Huge competition is already been observed, being Axe, Market Leader in Deodorants (Hindustan Unilever product) being in the top of list further the indication show it get more aggressive. Here are the few brands of Body Deodorants...

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Google Plus Vs Other Social Networking Sites, Just for Fun.

Since the start of Google + beta version itself there is been lots of expectations on it and people think that this new service will succeed in surpassing the Facebook and beat it just like what the Facebook did to Orkut. Is it really the time has come? Will Facebook fade up, and Google will take a revenge on it? Well I don't know. There is been lots of funny pictures and videos is being circulating showing facebook and other social networking sites...

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Recent New Initiatives by Banks - 2011 [Current Updates]

Here is an constant update of Current affairs of Banking sector in the year 2011. Here you could find an continuous updates  of different bank initiatives, achievements, innovations, landmarks created by the banks in India over an period of time which can help you in updating your current affairs knowledge on Banks and Banking sector.  Previously a post was made, where you could find updates of the Banks current affairs in the Month April -May 2011. Click Here for it. SBI completes its 50 lakhs Aadhaar Enrolments(UIDAI) in the country...

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MP PET 2011 Counseling Procedure & Schedule.

DTE MP PET 2011 Counselling ProcedureDirectorate of Technical Education M.P. Pre Engineering Test Online CounselingDTE MP PET 2011 Counseling Process1.Online Registration2.Documents Verification3.Online Preference/Choice Filling and Part Payment of Tuition Fee4.Online Allotment5.Reporting at Alloted Institute and Document Verification MP PET 2011 Counselling ScheduleMP PET 2011 Counseling ScheduleCandidates interested in seeking admission against non-resident Indian seats, shall be required to verify following documents:- (a) Mark sheet of qualifying...

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How to Send Google+ Invitation?

Getting an Invitation is quite hard than Sending an Invitation in Google Plus. Anyhow if you are looking for invitation get it from HERE. And once you are done registering your new account, you could find an option Circles at the top of the home page, and click on it will lead to Circles page where you are given suggestion of your friends whom you have added already in your Gmail/Orkut/ or other google products. And in case if you don't have your...

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