Indian Share Market Trunover from 2014-15 to 2017-18

Indian Share Market Trunover 

from 2014-15 to 2017-18

Rs. 80,500 Cr fundraising via IPOs in 2017-18

Rs. 805,00 Crore fundraising via IPOs in 2017-18

Src: BS

April to June 2018 - Post Office Small Saving Schemes Interest rates

April to June 2018 - Post Office Small Saving Schemes Interest rates 

 The central government announced the interest rate for PPF, Sukanya Samriddhi, NSC, KVP Interest Rates April to une 2018. 
Let us see the changes applicable with effective from 1st April 2018.

Earlier the interest rates used to be announced on yearly once. However, now from 2016-17, the rate of interest will be fixed on a quarterly basis. 

Post Office Savings Schemes -Changes effective from 1st, April 2016
  • Interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.3%
  • The interest rate on the senior citizens' scheme is paid quarterly.

  • Interest on savings deposits has been retained at 4%.

  • Public Provident Fund (PPF) and National Savings Certificate (NSC) will fetch annual interest rate of 7.6%

  • Kisan Vikas Patra (KVP) will yield 7.3 percent and mature in 118 months.

  • The girl child savings scheme Sukanya Samriddhi Account (SSA) will offer 8.1%.

  • Term /time deposits of 1 to5 years will fetch interest rate of 6.6% to 7.4%, to be paid quarterly.

  • The five-year recurring deposit (RD) is pegged at 6.9%.

As per the schedule, Government announced the interest rate applicable to all Post Office Savings Schemes from 1st April 2018 to 30th June 2018.


Reserve Bank of India Imposes Rs. 58.90 Crore Penalty On ICICI Bank

Reserve Bank of India Imposes Rs. 58.90 Crore Penalty On ICICI Bank

Banks need to disclose the amount of securities they keep under the HTM segment under which the papers are held until maturity and cannot be used for intraday trading

The Reserve Bank of India (RBI), in a rare move, imposed a penalty of 589 million rupees ($9.04 million) on ICICI Bank Ltd, the country's third biggest lender, for failure to adhere to held-to-maturity (HTM) guidelines.

The penalty is for non-compliance with directions issued by the RBI on direct sale of securities from its HTM portfolio and specified disclosure in this regard, the RBI said in a statement on Thursday.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

The central bank RBI did not elaborate on how ICICI Bank failed to comply with its norms.

Banks need to disclose the amount of securities they keep under the HTM segment under which the papers are held until maturity and cannot be used for intraday trading.

The RBI allows banks to sell securities from HTM subject to certain limits and disclosure rules.

The best stock you buy is ....Investing Mantra's - Peter Lynch

The best stock you buy is ....
Investing Mantra's - Peter Lynch

Investing Mantra's - Stock

Bandhan’s Bumper Share Market List Makes It India’s 8th Most Valued Bank

Bandhan’s Bumper Debut Makes It India’s Eight Most Valued Bank..!

From ET

Mr. Shyam Sekhar, ithought Investment tips for 2018-19

Mr. Shyam Sekhar,  ithought Investment tips for 2018-19

In an interview with ET Now, Shyam Sekhar, Chief Ideator & Founder, ithought,

Read more 
In an interview with ET Now, Shyam Sekhar, Chief Ideator & Founder, ithought,


Endowment Life Insurance Policy – Hedging Risks and Protecting Returns..!

Endowment Life Insurance Policy –
Hedging Risks and Protecting Returns..!
Endowment policies cover the best of both insurance and investment under a common umbrella. Contrary to previous belief that such type of policy is meant only for the super-rich, endowment plans are slowly gaining global recognition as the common man’s financial safeguard. Built in line with life insurance policy, the endowment category imparts protection to the policyholder in terms of life coverage and also inculcates savings habit which leads to a lump sum maturity figure. The maturity amount may be utilized for a variety of purposes including children’s education, retirement planning, buying a dream house etc.
Essential Characteristics
·       Life coverage given to the policyholder is known as sum assured. It is paid to beneficiaries on death of the policyholder or to the policyholder himself if he survives the policy term.
·       The return generated from investment might be declared as bonus.
·       Unlike mutual fund dividend or stock dividend the bonus is accumulated for payment on the maturity of the policy or death of policyholder whichever comes earlier.
·         The bonus declared is only accumulated and not compounded.
·       This form of policy is perfect for policyholders having regular flow of income. Small businessman, salaried individuals and professionals like lawyers and doctors perfectly fit the bill for taking care of their long run financial security requirements. Risk free assured investment needs to be a part of every individual’s portfolio. This is the very reason behind purchasing endowment plans. However, with regular payment of premium being a pre-requisite, policyholders need to be guaranteed about having a steady inflow.
·       Longer the policy period, higher is the rate of return. People having irregular income are advised to opt for single pay or flexi pay plans.
·       Risk averse individuals who would rather settle for lesser returns than bear the brunt of additional risks are tailor made for the endowment plan offers.
·       People looking for a bigger life coverage and lower premium should go ahead with term plans rather than endowment ones.
Background Checking
With a plethora of available options, it becomes difficult to zero on the one will be of utmost benefit. However policyholders are advised to consider the following before taking their decision:
·       Premium rate
·       Track record of the insurance company in the field of bonus payment.
·       Gauging the relative worth of various endowment plans by calculating their ROI.
·       Customer service track record.
·       Claim settlement ratio.
·       Financial standing of the company providing endowment policies.
Benefits of Endowment Plan
·       Rendering financial protection to loved ones.
·       Obtaining loan against endowment policy.
·       Availing benefits u/s 10(10D) and 80C of Income Tax Act 1961.
·       Conducting goal based savings.
Endowment plans serve as a disciplined way of pooling surplus funds at regular interval to save for future needs. The risk cover on life comes as an added advantage which surely goes a long way in helping out a family in days of utmost necessity if something happens to the sole bread earner. The returns might be slightly on the lower side but given the tax benefits, guaranteed sum assured and risk free return it surely is a safe bet.


How To Save For Your children's education?

How To Save For Your children's education? By Mr. Chokkalingam Palaniappan Prakala Wealth Management

Mutual fund one day paid class Salem April 22 2018

Mutual fund one day paid class 

Salem April 22 2018


Futures and Options Paid ClassT R Arulrajhan Chennai April 14,15 2018

Futures and Options Paid Class

T R Arulrajhan Chennai April 14,15 2018 

DTCP Plot for sale at Guduvanchery & Padappai

 DTCP Guduvanchery Land details;
Just 3 Kms from GST Road
Just 3 Kms from Guduvanchery Bus Stop.
Very Near Guduvanchery Railway Station
Resale Plot, Surrounded by Houses
Plot size 1200 & 1800 sq.ft
Per sq.ft Rs.1200/-.

              Padappai Plot details
Just 200 Meter from Padappai SIX LINE Road
Near Dhaanish Ahmed College of Engineering
Very near Sri Iyyappan Temple
Land Mark India1 ATM, Serpanncherry Village
Resale Plot, South Facing
Plot area 1513 sq.ft
Per sq.ft Rs.793/- Only.
Total Land Cost Rs.12 Lakhs Only.

Anyone who is genuinely interested in investing in this property may please call me. 
Kamalakannan .V - 7708882286


Our Building & Construction March 2018

Our Building & Construction  March 2018

B&C Publications
Editor In Chief:
Dr. KR. Thooyavan
B.E., M.T.P, F.I.E., FITR, F.I.V., PG.DIP.US (ITC-Holland) Ph.D
Chief Planner & Member (Retd), CMDA
Former Dean Hindustan College of Engg.

Consulting Editor:
Architect R.R. Siva, B.Arch.,

Editorial Advisory Board:
Er. A. Veerappan
M.E. (Struct), RLE., M.I.C.I, Dip L.L@A.L
Former Special Chief Engineer TNPWD, Structural Consultant
Prof A.R. Santhakumar
Emeritus Professor. Dept. of Civil Engg. I.I.T, Madras, Chennai
Former Dean of Civil Engineering Anna University, Chennai

B.E.,M.I.E, F.I.V, PG. Dip. In QS&V.
President, FACEAT&P (Federation of All Civil Engineers
Association of TamilNadu & Puducherry) Member Welfare Trust
T.V.N. Duraipathy
Interior Counsultant, Chennai

Editor /Publisher
AL. Alagappan

Associate Editors
Ragavan Mohan


Creative Head
B&C Design Studios

Legal Advisor
TRK. Muthuraman, B.Sc, B.L.,

Admin Head:

Our Building and Construction 
No. 22/2, Welcome Colony, Thirumangalam,
Anna Nagar West, Chennai, Tamil Nadu - 600 101.
Phone: +91-44- 4354 0330 / +91- 63819 63636
INDIA. Email:

B&C Magazine March 2018 

Valarthozhil March 2018

Tamil Monthly Business Magazine March 2018

ValarThozhil is a Tamil Business and Industrial Monthly magazine focussed on providing its readers with quality information about entrepreunership for the past 25 years.

ETFs are the safest investment modes among the equities

ETFs are the safest investment modes among the equities

For Large Click on Image

Exchange-Traded Fund 

 Et March 2018





My loan has been rejected because of the defaults reported 
against my name in CIBIL records. 
How do I remove my name from the CIBIL's defaulters list?
CIBIL doesn’t maintain a defaulters list. We maintain the credit
 history of individuals as reported by Member Credit Institutions. 

The decision to grant a loan is solely dependent on the credit policy
 of the Credit Institution. In order to check your credit history in detail 
and to identify any possible discrepancies / errors that might be 
reflecting against your name, you can purchase your CIBIL 

Score and Credit Information Report by clicking here.

Aug 30, 2016

Banking Ombudsman : How to Approaching?

Whenever you have a grievance against your bank, the bank itself can act as the first point of redressal.

Each and every bank has a box wherein you can drop your complaints &  suggestions. If you feel that it may not get picked up from the box in time or if the grievance is unattended to, you can approach the bank branch manager.

A notice mentioning the name, address, email and telephone numbers of the officials of the bank to whom complaints can be addressed has to be displayed prominently by banks in the branches. So, you can file your complaint with the concerned official as well.

Acknowledged Copy..!.

While a complaint can be filed even on plain paper, some banks may provide a ‘complaint form' either in paper /in electronic form. Once you fill it up, the bank will give you an acknowledged copy of the complaint.

Any such complaint made to the bank must be resolved within 30 days. If you find that the bank has not redressed your grievance even after a 30 day you can approach the Banking Ombudsman.

Alongside the names of the bank officials, details relating to the Banking Ombudsman are also expected to be displayed by banks. You may find these details in the bank's Web site too.

You can approach the Banking Ombudsman  even if you have received a response from the bank but are not satisfied with it.

 Banks are mandated to indicate the fact that you can approach the Banking Ombudsman in the final letter sent to you regarding redressal of the compliant. The details of the concerned Banking Ombudsman  would be included in this letter as well.

Authorised Representative..!

You can file a complaint either on your own or through your authorised representative with the BO under whose jurisdiction the branch/office complained against falls. For complaints relating to credit cards, the complaint should be filed with the Banking Ombudsman under whose jurisdiction the billing address of the customer is located. Either way, the bank should be able to direct you to the right Banking Ombudsman.

There is also a listing of the addresses & area of operation of the different Banking Ombudsman's in the Reserve Bank of India (RBI) Web site along with hyperlinks to mail your complaints to them. You can either click on these links & email the Banking Ombudsman directly or fill up the online complaint form in the RBI Web site. A written complaint can also be filed. A printed form is available for the same. Note that there is no fee / charge for filing.

The complaints, along with supporting documents should be filed within one year (365 days) of receiving the response from the bank. In cases where no response is received, it should be filed within 13 months of representation to the bank.

Maximum Compensation..!

According to RBI, the maximum compensation would be “limited to the amount arising directly out of the act or omission by the bank or Rs. 10 lakh whichever is lower”.

In the case of  credit cards, the Banking Ombudsman may also award compensation (not exceeding Rs. 1 lakh) for mental agony and harassment.

Address and Area of Operation of Banking Ombudsman
Address of the Office of
Banking Ombudsman
                      Area of Operation                      
Shri. Rajesh Kumar
C/o Reserve Bank of India
La Gajjar Chambers,
Ashram Road,
Ahmedabad-380 009

26586718 / 2657 5807
Fax No.079-26583325
Gujarat, Union Territories of Dadra and
Nagar Haveli, Daman and Diu
Shri. M. Palanisamy
C/o Reserve Bank of India
10/3/8, Nrupathunga Road
Bangalore-560 001

Fax No.080-22244047
Shri T. Karunakaran
C/o Reserve Bank of India
Hoshangabad Road,
Post Box No.32,
Bhopal-462 011

Fax No.0755-2573779
Madhya Pradesh and Chattisgarh
Shri B K Bhoi
C/o Reserve Bank of India
Pt. Jawaharlal Nehru Marg
Bhubaneswar-751 001

Fax No.0674-2393906
Shri Jaimal Tashi
C/o Reserve Bank of India
4th Floor, Sector 17, Central Vista
Chandigarh – 160 017

Tel.No.0172-272 1109/2721011/2784261
Fax No.0172-2721880
Himachal Pradesh, Punjab and
Union Territory of Chandigarh and Panchkula,
Yamuna Nagar and Ambala Districts of Haryana.
Shri S. Ganesh
C/o Reserve Bank of India,
Fort Glacis,
Chennai 600 001

Tel No. (044) 2539 9170 / 25395964
Fax No.044-25395488
Tamil Nadu, Union Territories of Puducherry(except Mahe Region) and Andaman and Nicobar Islands
Shri B.B.Sangma
C/o Reserve Bank of India
Station Road,
Pan Bazar
Guwahati-781 001

Fax No.0361-2540445
Assam, Arunachal Pradesh, Manipur,
Meghalaya, Mizoram, Nagaland and Tripura
Shri M. Sebastian
C/o Reserve Bank of India
6-1-56, Secretariat Road
Hyderabad-500 004

Fax No.040-23210014
Andhra Pradesh
Shri N.P.Topno
C/o Reserve Bank of India,
4th floor
Rambagh Circle, Tonk Road
Jaipur-302 052
Fax No.0141-2562220
Smt . Madhavi Sharma
C/o Reserve Bank of India
M.G. Road, Post Box No.82
Kanpur-208 001

Tel.No.(0512) 2306278/2306330
Fax No.0512-2305938
Uttar Pradesh (excluding Districts of Ghaziabad and Gautam Budh Nagar)
and Uttaranchal
Shri M S Soy
C/o Reserve Bank of India
15, Nethaji Subhas Road
Kolkata-700 001

Tel No.(O) : (033)2230-4982
Fax No.033-22305899
West Bengal and Sikkim
Smt. R Sebastian
C/o Reserve Bank of India
Garment House,
3rd Floor,
Dr. Annie Besant Road,
Worli, Mumbai-400 018

2493 3358
Fax No.022-24960912
Maharashtra and Goa
New Delhi
Shri M Rajeshwara Rao
C/o Reserve Bank of India,
Sansad marg,
New Delhi - 110001

Tel No. (011)  23730632/23730633
Fax No. 011- 23725218/23725219
Delhi, Jammu & Kashmir, Haryana (except the districts of Ambala , Yamuna Nagar and Panchkula), and the districts of Ghaziabad and Gautam Budh Nagar of Uttar Pradesh
Shri Shrimohan Yadav
C/o Reserve Bank of India,
Patna-800 001

Fax No.0612-2320407
Bihar and Jharkhand
Shri F R Joseph
C/o Reserve Bank of India
Bakery Junction

Tel.No.0471-2326852 /2332723/2323959
Fax No.0471-2321625
Kerala and Union Territory of Lakshadweep and Union Territory of Puducherry (only Mahe Region).
Oct 18, 2014


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