Retirement 5 Common Mistakes : Are You Making Same The Same Mistakes?


Retirement 5 Common Mistakes
Are You Making Same The Same Mistakes?

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S Manikandan, MBA, FChFP, CIS, AMFI, CII(London)
Managing Director - AISMONEY 

No. 21, MBT Road
(Opp) Indian Bank 
Walajapet - 632 513
Vellore Dt. TN, India.

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Reliance Nippon Life Insurance - Cancer Protection Plus.

Reliance Nippon Life Insurance - Cancer Protection Plus. 

Reliance Nippon Life Insurance has launched Cancer Protection Plus. 

The cancer-specific critical illness policy offers to pay 100% of the sum insured across stages of the disease. 

This will also be applicable in case of a relapse. The policy will be open to the age group of 18-65 years. 

The sum assured ranges between Rs. 10 lakh and Rs. 40 lakh.

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Post Office Small Saving Schemes: Interest Rates July 2019 to September 2019

 Post Office Small Saving Schemes: Interest Rates  July 2019 to September 2019


Latest Post Office Small Saving Schemes Interest Rates of July to September 2019 Review.
June 28, 2019, Ministry of Finance published latest interest rates on post office small saving schemes applicable for the period July to September, 2019 (2nd Quarter of FY2019-20).

Interest rate 0.1% reduces major schemes
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Announcement from Govt of India about small saving scheme interest rates.


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Money, Cricket & Winning !

Money, Cricket & Winning !

34 matches played in the ICC World Cup cricket

The only team to have survived without losing still a game till now.... India

The only team to have survived a game without the rain god interfering.... Australia

But, let me get you some interesting stats about the Indian team' in this tournament....

In the top 5 leading  run scorers ..... None from the Indian team

In the top 5 leading wicket takers ..... None from the Indian team

In the top 5 leading players for the major sixes ..... None from the Indian team

In the top 5 leading players for making the highest scores ..... None from India

In the top 5 leading for the most catches ..... None from India

Now the most interesting fact 

In the top 5 leading players for the

 BEST ECONOMY RATE IN BOWLING ..... 

4 BOWLERS - Bumrah, Kuldeep, Chahal & Shami 

The end result till now....

India has won all it's matches.... Some with a significant margin of victory & some very close ones. But they won 

Let's draw a simple parallel to this....

There is no need for every investment one makes in their life to be the top performer....or for that matter, any of the investments. If a windfall comes, take it.

But, one can still keep winning as long as the team / portfolio keeps moving in a consistent and sustainable way

And....the most important lesson our bowlers showed us........

Bowlers (Our Spending) win the crucial matches

Spending / having a best economy rate on one's spending (spending wisely) will take one trough a most comfortable match winning life.

Batsmen win matches but if bowlers don't perform...... Any of runs scored (money) can't be defended.
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Share Investing : List of HERO TO ZERO Stock..!

List of HERO TO ZERO Stock..!      

Why MUTUAL Funds, Basket of stocks, Fund management and Advisor is important to your portfolio .

1. Reliance Infra   Rs. 2,500 > Rs. 42.70
2. Rel Capital    2924 > 62
3. Rel Power   430 > 4.15
4. R COM  800 > 1.45
5. R NAVAL  117 > 3
6. DHFL   690 > 62.90
7. Jet Airways 883 > 33
8. Jain Irrigation  264 > 25
9. PC jewellers   600 > 45

10. Vakrangee   515 > 31
11. Suzlon   400 > 3.35
12. Kwality   225> 2.45
13. JP Associates  - 339 > 2.70
14. JP Power  140 > 1.90
15. JP Infra  100 > 1.60
16. Manpasand beverages  - 500 > 28
17. Central Bank  210 > 22
18. J&K Bank  176 > 34.70
19. Mercator  165 > 1.65

20. Aban offshore  5,400 > 35.40
21. Sintex Plastic Tech  120 > 8
22. BPL 152 > 21
23. HDIL 1100 > 14.50
24. Videocon 760 > 1.70
25. MTNL 217 > 7.60
26. ILFS 308 > 3.10
27. Cox & King  367 > 62.70
28. Mcleod Russel  325 > 18.85
29. Eros Int   643 > 25.80

30. LEEL  Electricals  340 > 7.30
31. Alok Ind 105 > 3.80
32. Subex 725 > 5.80
33. Adlabs   207 > 4.05
34. Atlanta  270 > 9.30
35. IFCI  114 > 7.65
36. GMR Infra  124 > 14.80
37. Uttam Galva   172 > 7.55
38. Oil Country   172 > 5.90
39. Punj Llyod  580 > 1.25

40. Lovable lingerie  612 > 69
41. Shree Renuka Sugar  120 > 9
42. Patel Eng   1020 > 18.80
43. RS Software   400 > 20.75
44. On mobile  361 > 31.15
45. Windsor machines  150 > 25.10
46. Bartronics   255 > 3.90
47. Rolta  375 > 5.45
48. kohinoor food  136 > 16.30
49. Dolphin offshore  445 > 29.40

50. Snowman logist  130 > 29.50
51. IRB INFRA 310 > 93
52. HEG 4500 > 1320
53. Varroc Engineers 1151 > 450
54. Goa Carbon 1185 > 340
55. Hotel leela 85 > 7.55
56. Vodafone Idea 118 > 11.35
57. Educomp 1100 > 1.50
58. VIP Clothing 100 > 11.70
59. Gati 290 > 57
60. GTPL 180 > 5

As on June 2019
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ADL ORBIT CABLE (INDIA) : Leading Brand of Electric Wires & Cables for Over 3 Decades..



ADL ORBIT CABLE (INDIA) to introduce as one of the leading brand of Electric wires & cables for over 3 decades.

Today along with its growing  global market it has become a strong brand synonymous with quality & safety. The ADL ORBIT CABLE (INDIA) group has shown great potential with a growth rate of over 25 % per annum consistently.
           
ADL ORBIT CABLE (INDIA) unit is totally fulfilled with latest & modern machineries and testing equipments to meet any kind of special cables as per the requirement of customers. a team of qualified and experienced personal remain engaged in quality control from the stage of raw material incoming to finished goods dispatching.
 
In the view of quality control we remain very much cautious of all our vendors under the rules & regulations of our vendors rating system. Consequently we find that the result of quality control is satisfactory from the end of end users/dealers.
           
ADL ORBIT CABLE (INDIA) have adopted ISO 9001-2008 quality management system as well as our products is approved by CE marketing as European standard, without which no one can supply his product to the European countries or any if the MNC’s working in India.

Needless to assure you that your requirements of any size of cables will receive our dedicated attentions to your entire satisfaction with the competitive rates with quick delivery.    

Contact:

Mr. Amit Agarwal
Mob:09500045000, 09381924476

044 - 4205 2335, 044 - 42052336
Fax: 044 - 4216 7822

ADL ORBIT CABLE (INDIA)
No; 36, Govindappa Naicken Street, Chennai-600 001.
ph : 044-42009527,044-43141114

Ph: 044-4205 2335\36.
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QUANTUM INDIA ESG EQUITY FUND NFO CLOSES JULY 5 2019

QUANTUM INDIA ESG EQUITY FUND 


NFO CLOSES JULY 5 2019
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SIP MANTRA DO NOT WAIT TO BUY SIP BUY SIP AND WAIT


SIP MANTRA 
DO NOT WAIT TO BUY SIP BUY SIP AND WAIT


Investing Mantra's - Mutual Fund
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NISM E VOTING SEMINAR CHENNAI JUNE 28 - 2019

NISM E - VOTING SEMINAR


CHENNAI JUNE 28 - 2019
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WCMS WEALTH COACH EVENT ON GOAL BASED FINANCIAL PLANNING UNDERSTAND TO PERSONALIZE JUNE 29 2019 CHENNAI


WCMS Ltd 

WEALTH COACH EVENT
 ON GOAL BASED FINANCIAL PLANNING 

UNDERSTAND TO PERSONALIZE JUNE 29 2019 CHENNAI.

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5 Paisa.com Launches Options – X, India’s Most Affordable Plan for Options Traders


5 Paisa.com Launches Options – X, India’s Most Affordable Plan for Options Traders

India’s most affordable discount broker 5Paisa.com has today, announced the launch of  Options – X, India’s lowest cost exclusive brokerage plan for Options Trading, which allows customers to effectively capitalize on market opportunities with higher exposure.

5Paisa.com app, has close to 30 lac users, and through Options –X customers will be able to enjoy 5x exposure for options trading on all days, and 10x exposure for options trading on expiry days. In order to use Options – X, customers will need to pay a flat fee of Rs 2/lot, the lowest in the industry. The scheme is applicable for intraday options trading in equity and will be soon added for currency and commodity segments as well.

“At 5 Paisa.com we always focus on the lowest cost and best technologies to enable customers to meet their desired goals. Options traders prefer our platform for lighting fast speed and no downtime. With Options – X we expect at least 100% growth in customers in the current year,” said Prakarsh Gagdani, CEO, 5Paisa.com

5Paisa.com, which is the only listed discount broker in India with a daily average turnover of about Rs 25,000 crores achieved 185% growth on customer acquisition in the quarter ended March 2019. It has grown its market share to 2.4% in the cash segment and 1.9% overall in just about three years of its operations.

About 5Paisa.com
5Paisa.com is registered with SEBI as a stockbroker, depository participant, and research analyst, and with AMFI as a mutual fund distributor. Its services are targeted at retail investors and high volume traders who actively invest and trade in securities markets and seek DIY (Do-it-Yourself) services at a low cost. 5Paisa.com is not only a discount broker, but also offers other financial products like mutual funds, insurance and personal loans. It is engaged in providing financial products through its online technology platform and mobile application. 

The Company provides an online technology platform to clients through internet terminals and mobile applications for trading in securities in NSE and BSE; advisory services through the research undertaken by a team of fundamental and technical research analysts; and depository related services as part of its integrated services offering.


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Bengaluru is the first Indian city to feature in top-ten destinations for cross-border investors across Asia Pacific in 2019


Bengaluru is the first Indian city to feature in top-ten destinations for cross-border investors across Asia Pacific in 2019

-         In 2017-18, the total real estate investment in Bengaluru was almost USD 800 million, this investment more than doubled annually in 2018-19
-         Stronger interest in India is attributed to the launch of first Indian REITs and the resulting enhanced market transparency

New Delhi, 19 June 2019: CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm’s Asia Pacific Investor Intensions Survey 2019 findings revealed that Bengaluru – the capital city of Karnataka- for the first time has featured in the list of top ten destinations for cross-border investment across Asia Pacific.

The survey revealed that India was among the top five preferred markets in APAC on the back of the launch of the first REIT (Embassy-Blackstone) and the resulting improved market transparency. The drivers for this trend were new infrastructure and potential growth opportunities in the market.

The first REIT by Embassy Group and Blackstone Group LP was launched in India in March this year and it is expected to catalyse investments in the country. Improved investor sentiment in office assets is likely to expose potential quality buildings as a fundraising avenue for developers and also propel major corporations to lease / purchase space in these developments.

Commenting on the findings of the surveyAnshuman Magazine, Chairman and CEO, India, South East Asia, Middle East and Africa, CBRE said, “Bengaluru featured as the first Indian city in the list of preferred investment destination on the basis of its growing reputation across the globe as the home base to several international corporates. The city with a significant talent base and world-class infrastructure is also popular for offering several investment grade options in office, retail as well as residential segments.”

On the overall positioning of the Indian real estate market in APAC, he added, “A stronger interest in office properties followed by industrial & logistics, multifamily, hotels and retail were the preferred sectors of investment in APAC. There is significant scope for investment in India and the rising consumption and growing demand in the logistics sector, particularly, will continue to stimulate investors to seek opportunities in this market.”

Other key findings of the survey:

-        In almost all the geographies across APAC, the lack of investible stock for sale remains a major challenge for investors. The acquisition of numerous institutional-grade properties by long term buyers in recent years has constrained the availability of assets in developed markets, particularly Singapore, Hong Kong and Japan.

-        Despite the risk factors at the forefront of investors’ concerns, buyers continue to seek higher returnsand are focused on value-added and opportunistic deals in the emerging markets such as India. This rising interest has propelled Bengaluru into the top ten destinations for cross-border investors for the first time since the survey beganin 2014.

-        More investors in APAC are consideringlending against assets rather than taking equity

-        Positions as loan to value ratios tighten and banksadopt a more conservative attitude towards realestate financing. Other niche sectors attracting investor interest in APAC include retirement living, supported by ageing populations in Asia; data centres, driven by the increasing use of cloud computing; and healthcare, underpinned by demographic changeand the emerging focus on wellness.

Some key facts about Bengaluru:

Bengaluru is considered as one of the fastest growing cities in India with the presence of important players from the areas of information technology, biotechnology, pharmaceuticals, manufacturing and other sectors. In the past two decades, it has transformed from being a ‘Pensioners’ Paradise’ to India’s ‘Silicon Valley’ and has become the hub of research and innovation.

·       Known as one of the key investment destinations in the country, Karnataka’s Ease of Doing Business ranking was eighth across India in 2017, ahead of Maharashtra and Tamil Nadu.
·       On the Social Progress Index 2017, Karnataka ranked second after Delhi.
·       While Karnataka is the leading state in the machine tools industry, Bengaluru alone produced 60% of machine tools (in terms of value) in the country in 2018.
·       Bengaluru was ranked first on the 'Best place to live and work' list by Mercer in 2018.
·       In 2017-18, the total real estate investment in Bengaluru was almost USD 800 million, this investment more than doubled annually in 2018-19. Commercial assets were a prominent choice for investors.
·       Bengaluru ranked second on the Global Startup Ecosystem Growth Index by 'Compass' Infrastructure in 2018. 


About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2017 revenue). The company has more than 80,000 employees (excluding affiliates) and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. CBRE was the first International Property Consultancy to set up an office in India in 1994. Since then, the operations have grown to include more than 8,000 professionals across 10 offices with a presence in over 80 cities in India. As a leading international property consultancy, CBRE provides clients with a wide range of real estate solutions, including Strategic Consulting, Valuations/Appraisals, Capital Markets, Agency Services, Asset Services and Project Management. The guiding principle at CBRE is to provide strategic solutions that make real estate holdings more productive and economically efficient for its clients across all service lines.

CBRE has been included in the Fortune 500 since 2008, ranking #207 in 2018. It has also been voted the industry’s top brand by the Lipsey Company for 17 consecutive years and has been named one of Fortune’s “Most Admired Companies” in the real estate sector for 6 years in a row.

Follow us:
On Twitter: @cbre_India


For more information:
Anshuman Dutta
Anshuman.gunjan@cbre.com
Mobile: +91 9971553969

Supreet Ahuja
supreet.ahuja@adfactorspr.com
Mobile: +91 99992 02252

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Aditya Birla Sun Life Pharma & Healthcare Fund, Minimum Investment Rs.1,000 NFO closes on July 4, 2019



Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Pharma & Healthcare Fund
An Open Ended equity scheme investing in Pharma and Healthcare Services Sector


Key Highlights

·       NFO opens on June 20, 2019 and closes on July 4, 2019
·       Fund will invest in companies belonging to Indian Pharma, Hospitals, Diagnostics, Wellness & Speciality Chemicals, Contract Research and Manufacturing Services
·       Minimum application amount is Rs. 1,000 for the scheme

Aditya Birla Sun Life Mutual Fund, the mutual fund arm of Aditya Birla Capital Limited, has launched the Aditya Birla Sun Life Pharma & Healthcare Fund, an open ended equity scheme investing in Pharma and Healthcare Services Sector. The fund opens on June 20, 2019.

The Indian Pharma Industry is projected to become US$100bn industry by 2030, with domestic pharma expected to grow at 10-12% per annum. Indian Pharma companies are global leaders in generic drug manufacturing, in fact 1 in every 3 medications sold in the US is supplied by an Indian Pharma Company. The gradual global shift from branded to generic drugs will act as a tailwind and further fuel the exports market for Indian Pharma. Increased Government spending on public healthcare through schemes like ‘Ayushman Bharat’, growing penetration of health insurance, higher life expectancy and increasing spends towards healthcare and wellness will act as a stimulus for growth.


Commenting on the launch, A. Balasubramanian, CEO, Aditya Birla Sun Life AMC Ltd, said “The sector has been a long term outperformer over a 10 year period, except in the past 2-3 year. Poised for a strong rebound, there is opportunity in the coming market cycle to invest, given the attractive valuations and the potential growth in the sector”.
 
Mr. A. Balasubramanian, CEO,
Aditya Birla Sun Life AMC Ltd
With a new business cycle coming into play and new businesses with high growth potential and sticky profit like Diagnostics, Wellness & Specialty Chemicals also available to invest in, this sector is more vibrant than ever before. “To add to novelty, we also have ability to invest in innovators, patent holders & specialty instrument makers in global markets”, added A Balasubramanian.




Apart from the core Pharma and Healthcare space, the fund will also look at other large opportunities in sectors like Hospitals and Diagnostics growing at over 20% CAGR; Wellness businesses growing at 10-12% every year, or the Global Contract Research and Manufacturing Services industry (CRAMS) which is growing at 7% per annum. The scheme can also invest in equities of listed overseas companies, in line with the RBI and SEBI guidelines.

The fund will be managed by Mr. Dhaval Shah. The benchmark index for the fund is S&P BSE Healthcare TRI (Total Return Index).


Data Source: IBEF, Internal Estimate, Evaluate Pharma, pmjay.gov.in, UN World Population Prospects, Mckinsey Global Institute report, National Health Profile 2015, 2018, IRDA Statistical Handbook 2016-17, Edelweiss Research


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.


About Aditya Birla Sun Life Mutual Fund, an Aditya Birla Capital Company

Established in 1994, Aditya Birla Sun Life Mutual Fund (ABSLMF), is co-sponsored by Aditya Birla Capital Limited (ABCL) and Sun Life (India) AMC Investments Inc.

Having total domestic assets under management (AUM) of over Rs. 2464 billion for the quarter ended March 31st, 2019, ABSLMF is one of the leading Fund Houses in India based on domestic average AUM as published by the Association of Mutual Funds of India (AMFI). An impressive mix of reach, a wide range of product offerings across equity, debt, balanced as well as structured asset classes and sound investment performance has helped the company garner around 7 million investor folios as of March 31st, 2019.

With a pan India presence across 270 locations, ABSLMF is committed to deepening mutual fund penetration in the country. The company is ceaselessly working to enhance the appeal of mutual funds across a wider set of investors and advisors across India. Part of this effort includes introducing smart solutions, user-friendly services and conveniences which simplify mutual fund processes with digitization for both – investors as well as distribution partners. ABSLAMF provides sector specific equity schemes, fund of fund schemes, hybrid and monthly income funds, debt and treasury products and offshore funds.

Company Information: Aditya Birla Sun Life AMC Limited (formerly known as Birla Sun Life Asset Management Company Limited, Investment Manager for Aditya Birla Sun Life Mutual Fund) One India Bulls Centre, Tower 1, 17th Floor, Jupiter Mill Compound, 841, S.B. Marg, Elphinstone Road, Mumbai - 400 013. Tel.: 4356 8000. Website: www.adityabirlacapital.com. CIN: U65991MH1994PLC080811

Aditya Birla Capital Limited (ABCL), is the holding company of all the financial services businesses of the Aditya Birla Group. With a strong presence across the life insurance, asset management, private equity, corporate lending, structured finance, project finance, general insurance broking, wealth management, equity, currency and commodity broking, online personal finance management, housing finance, pension fund management and health insurance business, ABCL is committed to serving the end-to-end financial services needs of its retail and corporate customers. Anchored by more than 18,000 employees, ABCL has a nationwide reach and more than 2,00,000 agents / channel partners.

Aditya Birla Capital, through its subsidiaries and joint ventures, manages aggregate assets worth Rs. 3,000 billion and has a lending book of Rs. 630 billion as of March 31st, 2019.

About Sun Life Financial

Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2019, Sun Life had total assets under management of $1,011 billion. For more information please visit www.sunlife.com

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.




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Axis Bank has partnered with the Tamil Nadu Government to offer payment solutions.!



Axis Bank reinforces its commitment towards Tamil Nadu

Chennai, June 21, 2019:Mr. Ravi Narayanan, President & Head Branch Banking, Axis Bank summarized the importance of branch banking and the Bank’s initiatives in the state of Tamil Nadu.In line with the overall growth strategy, the Bank will expand branches and focus on retail banking.

The Bank, India’s third largest in the private space, has strong branch network presence across India. As on March 31st, 2019, the Bank has 4050 branches, 11,801 ATMs and 4,917 recyclers across the country. It has added 347 branches Pan India in FY19. Currently, there are 314 branches and 1400 ATMs in TN.   The Bank plans to expand its foothold in Tamil Nadu by setting up 28 branches and 34 ATMs in Tamil Nadu by FY20. In total,31 branches are enabled for Aadhaar enrolment and updationacross TN.

Axis Bank has partnered with the Tamil Nadu Government to offer payment solutions to various government institutions and local bodies like Municipal Corporations of Tamil Nadu, Greater Chennai Corporation, Tamil Nadu Electricity Board etc. 

The Bank has partnered with the State Government & local authorities for following initiatives –

Farming & Livelihood

1.      Tamil Nadu Milk Producers Cooperative Federation Ltd (AAVIN): Cash Management services & Online payment to vendors

2.      Tamil Nadu Horticulture Development Agency: Payment Solution - Payment to beneficiaries through PFMS (Public Financial Management System). On-boarded district level nodal accounts

3.      Tamil Nadu Agri Marketing Board:  Integrated with both Marketing Board & NEML (NCDEX e Market Ltd.) for online payments to farmers under Minimum Support Price across the state

4.      Tamil Nadu Livestock Agency: Handle Central & State Govt. Scheme Funds and payments to implementing agencies

5.      Department of Animal Husbandry for Free sheep and goat scheme: Payments to beneficiaries across the state

6.      Municipal Corporations of Tamil Nadu: Collection of taxes and managing payments for various schemes like Swaach Bharat Mission, Solid Waste Management etc.


Payment Solutions for Schools & Colleges

1.      IIT Chennai: Collections of sponsorships

2.      University of Madras: Forex solution - Making payments to overseas examiners

3.      Alagappa University &Bharatidasan University: Easy pay online solution for student fee collections

4.      Government Medical Colleges and Hospitals: Handling payments for both Central and State schemes through PFMS for the Medical Colleges of Coimbatore, Salem, Trichy, Thiruvarur, Thanjavur and Madurai

5.      Tamilnadu Textbook Corporation: Collection of sale proceeds of text books from schools of Tamilnadu (Nearly 4000 schools).

Others

1.      Tamil Nadu Electricity Board (TANGEDCO): Online and Offline Collection of Electricity bills for the state of Tamil Nadu

2.      Defence Segment: Cash Management services and POS machines provided for canteen collections across Tamil Nadu. NACH solution provided for collection of monthly consumable bills to the Defence staff

3.      Rural Development &Panchayatraj: Payment solution -Payment of scheme funds to beneficiaries

4.      Neyveli Lignite Limited : Sanctioned and disbursed the term loan of Rs. 950 cr for their 500 MW solar power project

5.      Kamarajar Port: Host-to-Host solution provided for their payments and Term Loan of 47 million USD disbursed for construction and upgradation of the port

6.      Tuticorin Port : Easypay online facility for customs duty collections

Axis Bank has also conducted 791 Financial Literacy Campaigns in FY19 across rural and unbanked branches to educate the people about basic banking, social security schemes, usage of RUPAY card, usage of Axis OK, micro ATM and Mobile App.

As a part of its CSR initiatives, Axis Bank Foundation has associated with local social enterprises to work on projects related to rural livelihood and skill developments. Few of the initiatives are –
ABF partnered with DhanVayalagam (Tank) Foundation - (DVTF) to focus on increasing household income through community mobilization. In phase 1, the program reached out to 49,114 individuals/livelihoods and in Phase 2, the program aims to target 70,000 families/households in 5 years program, starting from April ‘17.
Through its partnership with Youth 4 Jobs Foundation (Y4JF), ABF aims to provide 15,750 PwDs with livelihood opportunities by market linked trainings and jobs in the organized sector and also sensitizes employers about capabilities of PwDs. The program will reach out to 1,940 PwDs in the state of Tamil Nadu - Chennai, Coimbatore andTrichy. In FY19-20, the project will be operational in Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, Maharashtra, Rajasthan, Gujarat, Odisha, Jharkhand, Assam, West Bengal and Bihar.
ABF has also associated with Don Bosco Tech Society (DB Tech) to impart skill development and vocationaltraining to youth. The program aims to reach out 150 youthsin the State of Tamil Nadu. In FY 19-20, the program will be operational in Tamil Nadu, Uttar Pradesh, Bihar, West Bengal, Madhya
Pradesh, Andhra Pradesh, Kerala, Punjab, Rajasthan, Delhi and Chandigarh.



About Axis Bank:                                                                      
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 3,964 domestic branches (including extension counters) and 12,705 ATMs across the country as on 31st December 2018, the network of Axis Bank spreads across 2,321cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has ten overseas offices with branches at Singapore, Hong Kong, Dubai (at the DIFC), Shanghai and Colombo; representative offices at Dubai, Abu Dhabi, Sharjah and Dhaka and an overseas subsidiary at London, UK.


Axis Bank
Shruti Mudup
AdfactorsPR

Timothy J

+919962629240


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