Indian Stock Market News and Views.
Posts tagged banks
Equity or Gold which is the best?
May 14th
The yellow metal has got its sheen from the early 2001 period, investors began to see it as an investment option and the returns it produced was really awesome. Across the world the scene was great for Gold and the India market has seen the price of gold shoot up from Rs 1180/- per gram to Rs 1470/- in an years time, while the International price did not have that much of growth as India had. Gold got its sheen when the Rupee lost its sheen against the dollar. For Indians gold was always with them as a necessity and carried it for generations and its one of the most valuable item for any occasion. The reason behind the vast acceptance of gold was the liquidity it has got than any other asset and there was no better alternative at olden times.
RBI removes “High Value” Status for 1 Lakh
May 14th
How much valuable can one lakhs be any idea? Those who have earned would know how much value they mean and how much they are hard in earning, but the RBI has reduced its value, without thinking that a car is available for that money 
, yes its the truth from May 2 a cheque will have to be above 5 lakhs and from August it should be above 10 lakhs to get the status of “High Value” before that a cheque for 1 lakhs was given the consideration and would be cleared on the same day itself. From November 1 there will be no high value clearing and status. The banks are busy with signing the customers a special form to use RTGF ( Real Time Gross Settlement) or NEFT (National Electronic Funds Transfer).
RBI is planning to bring in electronic clearing in all transactions in the near future, you being a retail investor should verify that if your broker, financial advisor is having your RTGF or NEFT number its usually found in the cheque book with 11 numbers, there are problems that comes with the RTGF there would be no proof that the money has been credited until your bank statement arrives.
What you think about this good enough? Indian banks are just developing ? Comments please?
How to get Tax Refunds tips
May 13th
Tax time is surely tension time and most hateful time of the year for many people. Tax time is a tedious time and people often hate to fill up the questions which are too much for it. If you are working then its most likely that your company would cut down an excessive share of money from you in the name of tax, if that is the case then you need to have move on for tax refund. Its said easily but getting a Tax refund can blow your brains out particularly if you do not have the idea of whom to be contacted and how to move for it, if you are in a place where there is no ECS – electronic clearance system available then you are fixed.
If you are planning to get your tax refunds then some points are there to be taken care off. First its important to know what is causing the delay with your refund, if you have quoted a wrong PAN number or bank account or have wrongly filed in the ward/ circle, the chances are high for a delay. If you have a Tax refund of more than Rs.5 lakhs then a delay is there which cites additional approvals. There would also be delay if you have pending litigation or any other types of issues with them.
How to Survive the Economic Crisis
May 13th
The basic method adopted by governments at times of economic pull down would be by pressuring the citizens to spend more, for Economist around the world citizens are “consumers” and they need their income to work out in the markets which will in turn reflect the stock markets. But at 2008 many people were just thrown away from their portfolio’s with huge market corrections, global economy doom, economic stagflation, and negative news from all quarters of the economy. Here we can see some of the strategies that would help us in future or present economic turn downs.
How to make a Good Portfolio
May 12th
You would be happy with the way that the markets have now performed with its might climbing up and staying strong. This move from the market has shown some signs that the worst may be over for the markets at large. But still investors fear to trust the forward movement due to the fact that the lessons taught to them on Oct 2008 is not yet healed. Investors are not ready to risk all their money into the equity market. One safe method we can do to manage would be with the better allocation of equity and debt.
This has been discussed many times before and still now also its done but many investors fail in carrying out the plans laid as such since the equity market run would be mostly momentum based and investors would jump on to the flow to get the fish without thinking that the flow is strong. But if you are serious with the portfolio then its high time that you should have taken the strong decision to make a balance between the two options.
Pick the Right small cap on the election pressure
May 12th
There has been wide spread speculation on election results and that has made the street a bit in panic, But if at all a situation like that arises within days it would provide as a good opportunity for investors to get well with the situation. The time would be ripe for making some good investment in fundamentally sound small cap stocks, which has higher risk appetite. In keeping in mind with the global problems and assuming that the worst is over investors can make their mind to get 40-50% returns in a time span of 4-8 months.
Are the banks lending more loans after the rate cut?
May 11th
There has been cut in the intrust rates by the RBI lately too by 50 bps. The concern came with the Global economic conditions and slowdowns and the worsening of the economic situation at the domestic levels. The aim of the banks would be to boost the economy through credit markets. The frequent rate cuts and the pressure that the monetary policy has been passed by the RBI has actually put a hold with the actual credit deployment activity. The RBI’s latest data figures the credit deposit ratio has done a fall from 75.0 to 72.0 levels, at the beginning of the 3rd quarter. The primary reason that can be pointed out would be the fall in the demand of loans by the oil companies which was running to the banks when the prices shot the $100 a barrel mark. The next fiscal would be expected to see a rise in the credit lending to the corporate sector to grow well.
