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 to control the inflation)


Cash Reserve Ratio(CRR): 6.0%
Statutory Liquidity Ratio(SLR): 24%


Base Prime Lending Rate: 9.25%-10.25%
Current Savings Bank Rate 2011: 4.0% (Now its been Deregulated)
Deposit Rate: 8.25-9.10%


Current Money at Call Rate: 5.50%-7.70%


Current Treasury Bills Rate:
91 Days Treasury Bill: 8.302%
182 Days Treasury Bill: 8.182%
364 Days Treasury Bill: 8.436%

*The above figures of current Repo, Reverse Repo, Bank Rate, Call Rate, CRR & SLR are as on 16 December 2011.

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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.

1. JIT (just in time) 
2. EOQ
3. ABC analysis 
4. Vendor performance 
5. Quality Circle
6. TQM
7. ISO 9000
8. Value engineering
9. Centralize purchase system
10. Management Audit
11. Company analysis with ratio/fund flow
12. Study of stock exchange
13. Role of SEBI
14. Joint venture of the company
15. Takeover/Acquisition or Mergers performance analysis
16. Marginal cost as management tool
17. Product Life Cycle
18. Media plan
19. Test Marketing/Pilot study
20. Export pricing
21. Role of Small Scale Industries(SSI) in developing nation
22. Role of SIDBI
23. Role of EXLM bank
24. Study of Financial Institute
25. Mutual fund
26. Privatization insurance, road, ports etc.

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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 ready to accept the offer services that go beyond the simple purchasing of accounts receivable.

A market, an industry, customers, sales, costs and credit are important parameters potentially to enhance the economic efficiency and performance of the small enterprise. As factoring is considered to be a financing option that supports the working capital of firms, then it is possible to establish a positive relationship between turnover and working capital requirements incorporating the economic role of factoring and invoice financing.

There is few argument saying that factoring service is more suitable for new businesses for growing in the terms of their turnover where the main need is working capital support.

Nowadays factoring is more widely accepted technique for financing the working capital of small

Enterprises. Therefore, the growth in the potential role that the factoring industry can play in

Cementing its contribution in the financial services market to small businesses becomes increasingly important.

The combination of a rapidly growing factoring industry with increasingly risk-assessment information will encourage greater competition, increasing market segmentation and possibly higher levels of supplier concentration, which will all be conducive to making a positive contribution to the economic decision-making process of financing Micro, Small and Medium Enterprises(MSME).

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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 access to more funds, and can acquire more information through the parent bank at relatively little cost. The smaller factors have limited resources and, consequently, may acquire the more marginal businesses.

There is a correlation observed in recent studies that between the size of the factor and the size of the client, ie that the smaller the factoring company the more willing it is to take clients with small turnover.

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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 market segmentation client turnover is taken as basis. Because this helps in assessing the potential ability of the small firm in generating sales and factor provided will be able to help in sustaining the financial service is carried by factoring companies.

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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 the supplier firm supplies for credit the goods and issues Invoices(AR), later to get an immediate funds for funding its current obligation or other requirements like working capital it request financing, where the Factoring Firm comes into play its role by financing against the cash against receivable/invoices by usually charging an fees in the way of discount. interest, where later part the client will make the payment directly to the Factoring Firm.


In this way all different types of factoring business firm, select the clients and makes and provide economic value by financing businesses.

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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 which is available in the current market shelf space (Indian especially).

List of Deodorants available in the market:

Zatak Deodorants - Just Zatak Her! (Paras Pharma Product)
- Four Variety: Zatak Spicy, Woody, Musk, Cool)

Adidas Deodorant Spray - (Adidas Body Care Product)
Men Range: Ice Effect, Eau de Toilette, Afer-Shave, Shower Gel, Game, Foot care.
Women Range: Mineral Effect, Eau de Toilette, Shower Gel, Game Deodorant.

Garnier - Take Care ( L'Oreal (UK) Limited)
- Garnier Mineral Deodorant

Nivea Deodorant: (Beiersdorf product)
- Fresh Blue Roll-on, Fresh Blue Spray, Fresh Natural Spray etc.

Cinthol Deodorant - (Godrej Consumer Products Limited (GCPL) product)

Fa - (Henkel Product)

Park Avenue - (J.K.Helene Curtis Ltd Product)
- Park Avenue Good Morning, PA Classic Deo Talc, PA Double Deo Talc

Zuska - 
Cuticura Body Deodorant - ( Cholayil Pvt. Ltd product)
- Cuticura Mehek ul Rooh Deodorant

Zuska - Make A Smart Move
Nike Deodorant

Axe - The Axe Effect (HUL Product)

Barbie Deodorant
HotWheels Deodorant
Disney - Donald Duck Refreshing Deodorant
Ferrari Red Deodorant
Davidoff Cool Water Men's Deodorant Spray
Playboy Pack of 6 Deodorants

Azzaro Chrome Legend Deodorant
Combo of Jovan Musk Perfume
Benetton Energy Men deo + Energy Women Deo Deodorant


The above are few list of brands, and in fact there are few more to add up to the above list.

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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 inferior to Google Plus. Let wait and watch what really happens, for now just see this picture, just for fun!

Application of Google Vs Facebook rivalry in Football game. [Click on the Images to view the motion if it failed to play automatically]

Google got many(Gmail, Chrome, Google +) to shatter whole Internet empire.

Is this called Head On!!

 Haha.. The Evolution of social networking sites.

Mortal Combat version How Google Plus going to take on Facebook.

This is the best one I like personally, since Mark Zuckerberg is on Google plus and having the highest followers even more than the google founders Larry Page and Eric Schmidt, asking an invitation from him.. Reason to give a laugh. :)

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