Hamara Prayas August 2016

Transcription

Postal Regn. No. : L II / RNP/HD/1145/2014-16, Dated 24.09.2013
RNI Regn. No. : AP ENG/2011/38018, Dated 24-06-2011
Date of Publication : 7th August, 2016
Date of Posting : 9th August, 2016
HAMARA PRAYAS
THE MONTHLY TABLOID OF A.P. MAHESH CO-OPERATIVE URBAN BANK LTD.
Editor : Ranjana Sharma | Associate Editors : K. Kishore Kumar, Praveen Kumar, A. V. Rama Rao
Volume - VI | Issue : 8 | Price : ` 1/-
SPECIAL ISSUE
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MAHESH BANK
A.P. MAHESH CO-OP. URBAN BANK LTD.
(Multi-State Scheduled Bank)
BOARD OF DIRECTORS
RAMESH KUMAR BUNG
PURSHOTAMDAS MANDHANA
RAMPAL ATTAL
Sr. Vice-Chairman
Chairman
Vice-Chairman
DIRECTORS
BRIJGOPAL
ASAWA
CHAINSUKH
KABRA
KAMALNARAYAN
RATHI
KRISHNA CHANDRA
BUNG
LAXMINARAYAN
RATHI
NANDKISHORE
HEDA
OMPRAKASH
JAKHOTIYA
Smt. PUSHPA BOOB
RAMPRAKASH
BHANDARI
SRIGOPAL BUNG
SRIKANTH INANI
SRINIVAS ASAWA
CA KISHAN GOPAL
MANIYAR
Smt. SUMAN HEDA
UMESH CHAND
ASAWA
CS & LLB
PROFESSIONAL DIRECTORS
M.D. & CEO
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Many a time our children teach us and it is an implemental learning – Ramesh Kumar Bung.
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HIGHLIGHTS DURING THE YEAR
Sri Purshotamdas Mandhana, addressing the shareholders during the 39th Annual General Body Meeting
and presenting annual results for the year 2014-15 held at FAPCCI, Hyderabad. Sri Ramesh Kumar Bung,
Senior Vice Chairman, Sri Rampal Attal, Vice Chairman, Sri Umesh Chand Asawa, MD & CEO, Board of
Directors and members present on the occasion.
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FROM EDITOR'S NIB
'Rathasya Ekam Chakram Bhujagayamita Sapta Turanga Niralambo Marga
Charana Rahita Sarathi Api |
Ravi Yartevantyam Prati Dinam Uparasya Narabhasya Kriya Siddhi Satve
Bhavati Mahatam Nopakarane ||'
'The Sun in the sky travels everyday with all odds against him, like a chariot with
one wheel, seven horses trod by serpents and the driver without thighs. Great
people do not depend upon their accessories. They achieve their goal by their
spirit and determination'.
With the spirit of this 6th Century quotation, we have commenced publishing the
tabloid, 'Hamara Prayas' countenancing many impediments. 'Let noble
thoughts come to us from all directions' – says Rig-Veda. 'Not only noble thoughts come to us from every
side, but also let the fragrance of noble thoughts spread from us in all the directions' – believes HAMARA
PRAYAS.
In addition to our staff, HAMARA PRAYAS reaches more than 3000 readers across the country. It is our
alignment to the principle – small beginning, incremental improvement and sustained progress which
would result in legendary possibilities.
Inside the womb, we kept sleeping and again inside the tomb, we will keep sleeping. In between these two
events, we have our lives to learn but not spend it sleeping again. With this motto, we have varied articles in
this tabloid – besides banking and finance; one can find subjects on sports, music, fun, true-life stories,
philosophy, general knowledge, ethics and moral matters. I request you to share the knowledge among your
colleagues as knowledge grows only through sharing. My greatest satisfaction will be in knowing about your
growth in the career through this communiqué than merely the circulation growth of HAMARA PRAYAS.
HAMARA PRAYAS completed 100 months of circulation with the May 2016 issue. We continued to march
ahead with further issues of inspiring breakthroughs and changing thought process through HAMARA
PRAYAS, I wish to express my gratitude first to my readers for their patronage, then to our staff and then to
my editorial team for their finishing touches and finally, the printers for consistently raising the bar of
excellence.
It is said 'What significance it gains for having completed 100 issues?' I can emphatically and vociferously
say that running a magazine of this nature in a presentable and pleasant form continuously without a break
and receiving commendation from the readers is an onerous task. We request you to bless us for further
amelioration of your tabloid.
Like always, we will continue to strive to surpass the expectations of the readers throughout the country. We
will continue to aspire to inspire you and HAMARA PRAYAS will inspire you to aspire.
Ranjana Sharma
ASSOCIATE EDITORS
K. Kishore Kumar
Praveen Kumar
A.V. Rama Rao
19
Highlights of Bank's 38th Foundation Day Celebrations: Dr. N. Krishna Mohan, Banking Ombudsman,
Sri Kedarnath Udayavar, President and Chief Client Officer, Polaris Consulting & Services, Sri M. Naveen, IRS,
Dy. Commissioner of Income Tax, Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Senior
Vice Chairman, Sri Rampal Attal, Vice Chairman, other Directors on the Board, former Directors, Sri Umesh
Chand Asawa, MD & CEO, staff members from different branches participating in the celebrations.
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FROM THE CHAIRMAN'S DESK
POWER OF SILENCE
Psychologists have estimated that on an average, we have as many as
60000 thoughts per day. More importantly, 95 to 98% of these 60,000
thoughts we process are repeated daily. Each of these thoughts, at the
physical brain level, is releasing a shower of chemicals. Neuroscientists
estimate that the human brain contains 100 billion neurons. Each neuron
has about 1000 connections. Each connection fires, on an average, 200
times per second resulting in 20,000 trillion calculations per second! And all
this consumes loads of life energy. Even if we can reduce the number of
thoughts by a small percentage, it can have a huge bearing on our life. Practising silence for a few
minutes every day gives you the power of that conserved energy.
When we succeed in reducing the quantity of thoughts, we will start observing a remarkable
improvement in the quality of thoughts. How? When we reduce the number of thoughts, then the
thought congestion comes down and we will be able to hold every thought a little longer. The longer
we can hold on to a thought, the more potent the thought becomes. Every thought has creative
power and the longer we hold a thought, the more powerful it becomes. With every
thought, we send out the essence of ourselves, which mingles with other essences and
creates and re-creates our physical environment. In that sense, our life is not our master,
but our child. Practising silence for a few minutes every day gives you the power to create
your chosen environment.
Silence is basically vibrations with the highest frequency. The fan blades appear almost extinct
when they rotate at great speed. So, when the strings vibrate at their highest frequency, they
almost seem like nothing, which is silence. However, it is from these highest vibrations all the relatively
lower vibrations originate. Hence, in the spiritual expression – everything comes from nothing.
Everything is born out of silence. Anything can be created from that state of silence. There is so much
scientific truth to the expression, 'When a thought is released from the seat of silence, a mere
wish becomes a command to the universe'. After all, is not the smallest of particles
enough to cause endless ripples in the biggest still water lake? Bible says, 'Be still, and know
that I am the divinity'.
Vibrations are transferred only in a state of non-doing. That is the significance of your sitting in the seat
of meditation. By sitting in a state of non-doing, either in a space of high vibrations or in the presence of
a person of high vibrations, those vibrations will be transferred unto you. That is why you are asked not
to speak in the presence of spiritually evolved people, for it is not time for doing, but it is time for nondoing. The power of non-doing is that it enables you to tune in and inherit the higher vibrations and in
the presence of higher vibrations, all things are possible. Everything is possible.
That is why Franz Kafka says, 'You do not need to leave your room. Remain sitting on your table and
listen. Do not even listen, simply wait, be quiet, still and solitary. The world will freely offer itself to you
to be unmasked, it has no choice, and it will roll in ecstasy at your feet'.
Make sitting in the seat of silence at least for some time in a day as your Dinacharya.
With Foundation Day Greetings,
Purshotamdas Mandhana
“The greatest strength comes only from a deep selflessness in life and that is expressed through mind, action and speech” – Ramesh Kumar Bung.
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Sri Purshotamdas Mandhana, Chairman hoisting the National Flag on 69th Independence Day, commemorated
at Head Office. Sri Ramesh Kumar Bung, Senior Vice Chairman, Sri Rampal Attal, Vice Chairman, Sri Chainsukh
Kabra, Smt. Pushpa Boob, Directors, Sri Umesh Chand Asawa, MD & CEO and staff members present on the
occasion.
Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Senior Vice Chairman, Sri Rampal Attal, Vice
Chairman, Sri Chainsukh Kabra, Director welcoming the devotees and distributing them prasadams on Ganesh
Nimajjan procession day.
22
CHAIRMAN – EMERITUS INKS
SEED AND PLANT
Our comfort zone becomes our prison, within which our potential stays
locked up. A seed is very well protected as long as it remains a seed. There is
security in remaining a seed; whereas a plant is always vulnerable. To sprout
into a plant makes the seed susceptible, but what is the purpose of a seed? It
contains a thousand forces within, and it is in the transcendence of the seed
into a plant that these possibilities unfold. If the seed remains transfixed as
the kernel, it is no better than a pebble on the beach.
Either transcend your comfort zone and reach the higher plans of life, or stay transfixed within your
comfort zone and remain stagnant. Don't be afraid to give up certainty for uncertainty. It is astounding
how the world makes way for a resolute soul and how obstacles move out of the path of a man who is
determined to make it in life.
There is no more risk in 'change'. In fact, 'not to change' is actually risky because it leaves
you where you are. When there is no security TO life itself, where is the question of security IN life?
After all, what is growth? Growth is giving up who you are to become what you can be. That which
does not change, does not grow. That which does not grow, perishes.
Challenges and hiccups are bound to be there on the path of an achiever. Freedom comes not from
escaping them, but in transcending them. Throw yourself into the unknown. Do what you have never
done before. Do what you thought you cannot. Make a daring move. Take a rebellious plunge.
If people who walked this planet before us had chosen to stay transfixed to their comfort zones, then
we would have nothing of what we have right now. All inventions and discoveries have come from
people who ventured bravely into the unknown. The next rung of the ladder is always an unknown
factor. The next moment of life has its uncertainties. Death alone is certain; life can never be. Seek the
unknown and make it known. However tough the consequences may be, face it. Keep expanding your
comfort zone and thus expand your life.
Self- depreciation is a crime. Do not become your own restraint. Be sure that your success will never
risk above the boundaries of your comfort zone. You have to break open the walls of your comfort
zone. There is no turning point within the comfort zone. All turning points in life are beyond the
periphery of your comfort zones. Confidence grows only when you do things that you have never
done before and do things that you thought you cannot. Self-belief is born when you transcend your
comfort zone. Transcend your comfort zone and turn your life around.
Wish you a happy 70th Independence Day.
Ramesh Kumar Bung
“The wisest and most inspired words in the world are merely words unless you apply them your life” - Ramesh Kumar Bung.
23
Dr. Ali Akbar Basha, Addl. Registrar and MD, A.P. State Cooperative Union and Sri Umesh Chand
Asawa, MD & CEO inaugurating the fortnight long training programme for probationary officers by
lighting the lamp at Staff Training College, Hyderabad.
Sri Umesh Chand Asawa, MD & CEO complimenting Sri Ramesh Kumar Bung, on being nominated
with the status of Chairman Emeritus. Sri Purshotamdas Mandhana, Chairman greeting Sri Asawa on
the event of the bank surpassing Rs. 2500 Crore business. Other officials present on the occasion.
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MD & CEO SPEAKS
BE ON THE TOP OF THE HEAP
Dear Colleagues,
At the outset, let me greet all of you on our Bank's 39th Foundation Day.
When you see a world-class dancer or musician performing or a world-class
sportsperson producing a stunning shot at the last minute of the game, what do
you think is common in these situations? Yes, they manifest genius in their work.
Yes, what they produce seems incredulous or even miraculous to us. All they do
is to bring their total awareness to their work throughout. They just
bring a meditative quality to their work. For example, if they are playing
music, they become one with the music work. They become the player of the music that goes out to the
listener of the music. This being the final stage of genius, there are several levels before that. Before we learn
about them, let us understand the impediments that could block us on the path.
In the Mahabharata, Dronacharya was the royal teacher of both the Kauravas and Pandavas. During a
lesson of archery, the task was to hit the eye of a bird perched upon a tree. The teacher was standing beside
the pupils and asking them what they saw, as they took aim. Some said they saw the wing of the bird, some
the leaves of the tree, others that they saw the sky beyond and the teacher was listening intently. Finally, it
was the turn of Arjuna. He replied that he saw the eye of the bird and nothing else, and of course, he hit the
target.
Like Arjuna, we must quell all the distractions and focus solely on the work at hand. There is no
substitute for hard work. While we discharge our duties, nothing else must be entertained in
the mind. This does not mean we must not recall the past or think of the future.
Rafael Nadal, the great tennis player said: 'What I battle hardest to do in a tennis match is to quiet the voices
in my head, to shut everything out of my mind but concentrate every atom of my being on the point I am
playing. If I made a mistake on a previous point, I forget it; should a thought of victory suggests itself, crush it'.
For completion of a task, we require utmost concentration. There are four levels of concentration. Attention,
contemplation, abstraction and activity of repose. In the first two levels, results are achieved but there is
some friction associated with the work and the mind and work are not united. In the third stage, the senses
are oblivious to the outside world and the mind is solely cantered on the work. In the final stage called
activity in repose, the greatest work is accomplished with minimum friction. In the final stage, there is
complete link of the activities of the mind with the work performed. All men of genius, originality and
abstractions, and all the masters and leaders reach the final stage of concentration, activity in repose.
We must practise day in and day out to raise the level of attention we apply to our work, not in a forceful way
but in a calm, imperturbable way. We must march on taking stock of the progress we make and not be
disappointed when we don't make progress. The goal we aspire for is so great that it is worth to wait
and work. Watch your Watch and continue to work. WATCH – Words, Actions, Thoughts, Character
and Heart.
Dates on the calendar are closer than they appear. There is no such thing as, 'One of these days I will do it'.
TODAY IS YOUR DAY.
With Independence Day wishes,
Cordially yours,
Umesh Chand Asawa
“To be a success, you need to be first, best or different” - Ramesh Kumar Bung.
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Sri Purshotamdas Mandhana, Chairman performing Ganesh Pooja at Begum Bazar Branch.
Sri Ramesh Kumar Bung, Chairman-emeritus, other directors, Sri Umesh Chand Asawa, MD & CEO
and others attending the Pooja.
Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman-emeritus,
Sri Rampal Attal, Vice Chairman, other directors celebrating Bathukamma Festivities at Head Office.
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BANK CONDUCTS A HEALTH CAMP
Sun Shine, Super Speciality Hospitals have conducted a Health Camp at Bank's Head Office.
Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman- emeritus, Sri Rampal
Attal, Vice Chairman, Sri Umesh Chand Asawa, MD & CEO and staff underwent free medical checkup during the camp held in July, 2016. The doctors of the hospital can be seen in the photograph.
Anyway
Ÿ
People are often unreasonable, irrational and self-entered. Forgive them anyway.
Ÿ
If you are kind, people may accuse you of selfish, ulterior motives. Be kind anyway.
Ÿ
If you are successful, you will win some unfaithful friends and some genuine enemies. Succeed anyway.
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If you are honest and sincere, people may deceive you. Be honest and sincere anyway.
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What you spend years creating, others could destroy overnight. Create anyway.
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If you find serenity and happiness, some may be jealous. Be happy anyway.
Ÿ
Give the best you have, and it will never be enough. Give your best anyway.
Ÿ
In the final analysis, it is between you and the divine. It was never between you and them anyway.
Ramesh Kumar Bung
“To wipe every tear from every eye is the motto of life” - Ramesh Kumar Bung.
27
Sri Shyam Kumar, Senior Faculty of ICM, Hyderabad, flanked by faculty of ICM, Nagpur along with board
of directors of Pandaripur Cooperative Urban Bank who came for a study tour visited our Head Office.
Sri Ramesh Kumar Bung, Chairman-emeritus and Sri Umesh Chand Asawa, MD & CEO addressing the
gathering.
Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman-emeritus, Sri Rampal Attal,
Vice Chairman, Sri Umesh Chand Asawa, MD & CEO inaugurating health camp conducted by Medi –
Assist India, TPA at Head Office. Staff members undergoing health check-up are in the photograph.
28
BUSINESS DICTIONARY
Per se: Intrinsically, by itself, not requiring any
supporting facts or ideas, standing alone. Latin for,
by itself or in itself. Opposite of per accidents.
EXAMPLE: While not a bad sitcom per se, it suffers
simply because its nowhere near as good as the others
on this list.
Accommodation: Resolving conflict by placing the
concerns of others above one's own. Such responses
are considered suitable when stakes are relatively low,
and mutual relations and long-term association is
more important.
EXAMPLE: The selling party has stated that they will
make various accommodations to the property and
surrounding buildings if it will ensure the quick sale
and transfer of the house and land to another party.
Checks and balances: 1. Corporate: internal
control mechanism that guards against fraud and
errors due to omission. In a system with checks and
balances, the authority to make a decision, and the
associated responsibility to verify its proper execution,
is distributed among different departments. These
departments are kept logically and physically apart,
and no one department can complete a transaction.
EXAMPLE: The system of checks and balances that
the company had in place were impenetrable thus
reducing their number of corporate thefts and
embezzlement issues to zero.
Interdependence: Dependence of entities such as
people or countries on each other. Over the year, the
United States' interdependence on other countries for
imports has grown to record levels.
EXAMPLE: During World War II, the United States
had to make a decision on whether it would continue
its policy of not getting involved in other countries'
politics, or embrace interdependence.
Glass ceiling: Invisible but real barrier through
which the next stage or level of advancement can be
seen, but cannot be reached by a section of qualified
and deserving employees. Such barriers exist due to
implicit prejudice on the basis of age, ethnicity,
political or religious affiliation, and/or sex. Although
generally illegal, such practices prevalent in most
countries.
EXAMPLE: Daisy felt she hit a glass ceiling at work,
because all of her male coworkers were promoted to
management positions, while she was still considered
a junior employee.
Correspondence: Any written or digital
communication exchanged by two or more parties.
Correspondences may come in the form of letters,
emails, text messages, voicemails, notes, or postcards.
Correspondences are important for most businesses
because they serve as a paper trail of events from
point A to point B.
EXAMPLE: The sales team and the graphic designer
sent e-mails back and forth, using the correspondence
to communicate their product ideas.
Beta: 1. US: measure of the securities-market risk
('systemic risk'), it is an indicator of the volatility of a
stock (or a portfolio of stocks) relative to a benchmark,
such as Standards & Poor's 500 composite index
(S&P 500), which is given a beta value of 1.00. Every
listed stock is assigned a beta value (based on
movements in its price) in 'beta tables' published by
Standard & Poor's and Morgan.
EXAMPLE: Value investors may view a high beta as a
buying opportunity, because they are not scared off by
volatility.
Philanthropy: A Greek term which directly
translated means "love of mankind." Philanthropy is
an idea, event, or action that is done to better
humanity and usually involves some sacrifice as
opposed to being done for a profit motive. Acts of
philanthropy include donating money to a charity,
volunteering at a local shelter, or raising money to
donate to cancer research.
EXAMPLE: You couldn't exactly call Captain Russell
rich, but he made a fine living from his merchant ships;
and as he donated 20% of his income, the Orphans'
Home benefited from his philanthropy.
Beneficiary: Person or other legal entity for whose
present or future interest (benefit) an annuity,
assignment (such as a letter of credit), contract,
insurance policy, judgement, promise, trust, will, etc.,
is made.
EXAMPLE: When signing up for my life insurance
policy, I listed my daughter as my beneficiary so she
could use the funds to settle any debts.
Public relations: The profession or practice of
creating and maintaining goodwill of an organization's
various publics (customers, employees, investors,
suppliers, etc.), usually through publicity and other
nonpaid forms of communication. These efforts may
also include support of arts, charitable causes,
education, spor ting events, and other civic
engagements.
EXAMPLE: I envy people who have the ability to work
in public relations because it means that they can
communicate clearly with anyone and can make a
lasting impression on people.
“Knowledge is the wing where with we fly to ultimate heights” - Ramesh Kumar Bung.
29
Shifting of our Malkajgiri branch into a new spacious premises inaugurated by Sri R.N. Dash, Regional
Director, RBI, Sri Chintala Kanaka Reddy, MLA, Malkajgiri Constituency by lighting the lamp and
cutting the ribbon. Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairmanemeritus, Sri Rampal Attal, Vice Chairman, other directors, Sri Umesh Chand Asawa, MD & CEO
present at the event.
Sri Umesh Chand Asawa, MD & CEO and Milind Rajhans, AGM, IT receiving the Cooperative
Banking awards for (1) Best CBS Implementation, (2) Best Branch Initiative and (3) Best IT Head
during the National Cooperative Banking Summit held at Goa.
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THE STORY OF RED BLOOD CELLS
Assume that the population of Hyderabad is
around 70 lakh. In case 4 persons live in each
house, there must be 18 lakh houses in the city. In
human body there are about 40 lakh crore live
cells. If we treat each live cell as a house, there
would be 40 lakh houses in our body. What does it
mean? Our body can accommodate more than 2
crore Hyderabad cities!
We need several commodities for each house. We
bring necessary things like milk, rice, vegetables,
pulses, spices etc., from the market. We require a
gas cylinder to cook food. From time to time, we
have to surrender the empty cylinder. There must
be roads and vehicles to carry them and also for
carrying garbage accumulated in our houses.
When we compare our house with a cell, we should
imagine that there will be roads, vehicles and traffic
in our body as they are outside.
Blood pipes (Capillary) in our body perform the
task of the roads in a city. The required food for
each cell reaches them through the blood. Now we
will discuss about cooking of food, and about gas
cylinder to cook the food. In the food we consume,
major portion is carbohydrate. When it is digested,
glucose is formed. This glucose is used by our cells
and they prepare required molecules. Or, the cells
burn the molecules and utilise the strength in it.
What is this burning of Glucose? Our body uses the
Glucose as fuel.
The fuel we use to cook our food is called natural
gas. When we burn it, the energy comes out as
flame and is useful for cooking food or boiling milk
or heating water. For burning gas, it requires
Oxygen contained in the air. In fact, burning means
using Oxygen. When we burn natural gas with
Oxygen, energy comes out. In the same way, when
the glucose in cells of the body is burnt, energy is
created. This energy is used by our molecules for
their necessities. It is easy to burn the natural gas
because Oxygen is available in the air. What we
require is fuel. This fuel is in the cylinders. When
we require a cylinder, we make a phone call and the
boy brings it. The required fuel for our body is in the
food. But, Oxygen is necessary to extract energy
from the food. Who will provide Oxygen to our
body?
There are special cells (corpuscles) in our body to
bring Oxygen. They are called red blood cells.
These are in our blood. They are the reason for
blood to appear in red colour. These red blood cells
supply Oxygen to each and every cell of our body.
They take Oxygen from the air we inhale and store
it in cylinders.
In fact, there are no cylinders in these red blood
cylinders. In the place of cylinders there are
molecules called Haemoglobin. It is estimated that
in one red blood cell, 25 crore Haemoglobins. Each
Haemoglobin atom carries 4 Oxygen atoms. It
means what? Each red blood cell contains 100
crore Oxygen atoms. One thing has to be
mentioned here. There are 4 iron ions in each
Haemoglobin atom. If these ions are not there,
Haemoglobin cannot catch Oxygen. Hence,
without iron, there is no Haemoglobin. If it is not
there, there is no supply of Oxygen to our cells
(corpuscle). When Oxygen is not there, we cannot
absorb it and use energy from the food we
consume. When there is no energy we become
debilitated and weak. That is why doctors conduct
blood test and determine the iron content and
Haemoglobin in our blood. What is shortage of
blood? It is inadequate Haemoglobin. This is called
anaemia.
Now let us speak about traffic jams. We compared
blood pipes (capillaries) with roads earlier. At the
time of accidents or big pits, there would be traffic
jams on the roads. Likewise, when red blood cells
cannot carry oxygen, the part in our brain which
does not receive Oxygen becomes defunct. We get
disease like paralysis. If our heart is not supplied
with oxygen, we get heart attack.
That is the reason Oxygen is called 'Air of Life'. If it is
not there, we cannot burn glucose in our live cells
and cannot extract strength out of it. We cannot
survive without energy; hence Oxygen is termed as
air of our lives.
Praveen Kumar
Manager, Chintal Branch
“Class has little to do with wealth and position and a lot to do with how you conduct your life” - Ramesh Kumar Bung.
31
Sri Ramesh Kumar Bung, Chairman-emeritus performing Deepawali Pooja at our Begum Bazar branch.
Sri Purshotamdas Mandhana, Chairman, Sri Rampal Attal, Vice Chairman, other directors, Sri Umesh
Chand Asawa, MD & CEO, staff members present on the festive occasion.
Mahesh Bank and A.P. State Cooperative Union jointly celebrated 62nd Cooperative Day at the office of the
Union. The Union's M.D. Dr. A. Kishore, Sri AVV Prasad, DCO, Sri Purshotamdas Mandhana, Chairman,
Sri Ramesh Kumar Bung, Chairman-emeritus, Sri Umesh Chand Asawa, MD & CEO, Sri H.S.K. Tangirala,
Director, ICM, Gujarat and other officials in the photo.
32
BAN CASH TRANSACTIONS OF ABOVE
RS 3 LAKH TO CURB BLACKMONEY: SIT
The Special Investigation Team (SIT) on black money has recommended ban on cash transactions of above
Rs 3 lakh and restricting cash holding with individuals to not more than Rs 15 lakh to curb illegal wealth in the
economy. The SIT headed by Justice (Retd) M B Shah, submitted its fifth report to the Supreme Court on
methods to curb black money in the economy. The panel felt that large amount of unaccounted wealth is
stored and used in form of cash.
“Having considered the provisions which exist in this regard in various countries and also having considered
various reports and observations of courts regarding cash transactions the SIT felt that there is a need to put an
upper limit to cash transactions,” an official statement said. SIT recommended a total ban on cash transactions
above Rs 3 lakh and “an Act be framed to declare such transactions as illegal and punishable under law.”
It also felt that, given the fact of unaccounted wealth being held in cash which are further confirmed by huge
cash recoveries in numerous enforcement actions by law enforcement agencies from time to time, the cash
transaction limit can only succeed if there is a limitation on cash holding. “SIT has suggested an upper limit of
Rs 15 lakh on cash holding,” the statement said. Also, cash withdrawal of more than Rs 3 lakh from any bank
account in a day should consider as a suspicious activity and the concerned bank should report it to Financial
Intelligence Unit (FIU) & the concerned Income-tax Department, it said.
In case any person or industry required holding more cash, it may obtain necessary permission from the
Commissioner of Income Tax of the area, the panel opined. SIT suggested amending the Black Money
(Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, by incorporating the provision that
“undisclosed foreign income and assets would vest in the Union of India“.
“Once it is held that under the law, property vests in Union of India, the person who is holding the said
property outside the country shall have to prove that it was acquired legally and/or held after obtaining
necessary permission from the RBI,” it said.
Master And Pupil
It was 1923. Place was Germany. A young man
submitted a thesis written by him for the purpose of
Ph. D. and shown it to his professors. All of them had
rejected it saying that it was like 'school boyish'.
However, he did not get disappointed. He wanted it to
publish the thesis in the name of 'Rockets into
Interplanetary Space' and gave it to publishers. The
publishers did not want to print it unless the writer
should pay the printing cost. As a result, it could not be
published.
Finally, after several attempts, the book came into
light as it was published. One among its readers, there
was a high school boy. At that time he was struggling
to solve several mathematical problems. When he
read this book, he was astonished and fascinated and
decided to become a scientist of cosmology and
astronomy at any cost; for this purpose, he wanted to
master mathematics at any cost. From that day
onwards, he endeavoured to learn mathematics.
The 'Rockets into interplanetary Space' book was
authored by Hermann Oberth. The student who was
influenced by reading the book and developed
interest on mathematics and astronomy was Warnher
Von Braun. [Wernher Magnus Maximilian Freiherr
von Braun (March 23, 1912 – June 16, 1977) was a ...
In his twenties and early thirties, von Braun worked in
Germany's rocket development ...... He also was
instrumental in the launching of the experimental
Applications]. Science students might know these
two names. Oberth is the father of today's Rocket
technology. He is the root cause for V-2 Rockets
making by Germans. Today, his book is a standard
Classic. [Hermann Julius Oberth was an AustroHungarian-born German physicist and engineer. He
is considered one of the founding fathers of rocketry
and astronautics.]
Of course, his disciple Von Braun, in fact, commenced
experiments of Rockets launching in America. These
Guru and student have worked together in the rocket
observatory in USA.
A Guru like Oberth and a disciple like Von Braun are
exemplary examples.
[19th July, 2016 – Guru Poornima]
Amith Kumar Bajpai
HO:PDS
“Intelligence comes into being when the mind, the heart and the body are really harmonious” - Ramesh Kumar Bung.
33
Bank opened its Stall at 76th All India Industrial Exhibition, 2016 at exhibition grounds. Sri J. Amarender
Reddy, Joint Commissioner of Police, Hyderabad inaugurated the stall. Sri Purshotamdas Mandhana,
Chairman, Sri Ramesh Kumar Bung, Chairman-emeritus, Sri Rampal Attal, Vice Chairman, other directors,
and Sri Umesh Chand Asawa, MD & CEO present on the occasion.
40 participants of ICM, Tiruvanthapuram, Kerala, along with their coordinator, Sri V.N. Babu visited Bank's
Head Office on 01.03.2016 as a part of their curriculum. Sri Ramesh Kumar Bung, Chairman-emeritus and
Sri Umesh Chand Asawa addressed the participants and briefed them with the functioning of the Bank.
34
MUST-KNOW
FINANCIAL TERMS
FOR EVERY INVESTOR
Being unable to understand financial jargon can
be frustrating. Your financial advisor may be
doing a great job of managing your money but
you wish to understand the financial terms a little
better. Here are a few financial terms that all
investors must know.
Financial portfolio: When you invest money,
you place it in various financial assets, such as
bonds, stocks, cash, and mutual funds. These
assets make up your financial portfolio. You
should also consider that your financial portfolio
is not restricted to just the above investments. All
cash equivalents (e.g. your car, house, or bank
accounts) and even financial liabilities (e.g. a
loan) are part of your financial portfolio.
Asset allocation: You manage your financial
portfolio through asset allocation. For example,
you may decide to invest 30% of your income in
bonds and 20% in debentures and real estate
together. How you spread your investment
among these three groups based on their level of
risk is called asset allocation.
Shares and debentures: Assets generally fall
into three categories: equities, fixed income, and
cash equivalents. Shares are a kind of equity but
not the only kind. Debentures are debt
instruments that companies use to borrow
money from investors at a fixed rate of interest.
When you invest by purchasing a company
share, you become a shareholder in the
company. Your fortunes can rise or fall with that
of the company. With debentures, you are a little
more secure. That is because the company pays
you interest on your investment.
Stocks and bonds: A Stock is a share held in a
company. While, like debentures, a bond is a
loan for which the investor is the lender. There is
a certain agreed-upon date by which the
company (the borrower) has to pay back the
money to the investor with interest. This is a
fixed-income asset. Say, you purchase a
government bond worth Rs 10,000 with a
maturity date of five years at an interest rate of
10%. Each year, you will receive 10% interest on
your investment of Rs 10,000. At maturity, you
will get the Rs 10,000 that you invested, along
with the accumulated interest.
Cash: Cash equivalents represent a low-risk
category of assets. These are highly liquid
investments with short maturity periods of three
months or less. They include currency, treasury
bills, commercial paper, and short-term bonds,
among others. Companies issue short-term cash
equivalents to meet temporary liabilities like bill
payments. The fact that these can be converted
to cash easily indicates the companies' financial
health.
Mutual Funds: This list would be incomplete
without the mention of mutual funds. As the
name suggests, these funds are pooled from
many investors to be invested in stocks, bonds,
and other money market instruments. It is easier
to invest in mutual funds than to invest on your
own. But if you want to start investing on your
own, understanding the financial terms shared
above should be helpful.
Archana Mathur
F&A: H.O.
The foundation of any great
organisation is rooted in service.
“Not to hurt and not to be hurt, that is the innocence of the heart” - Ramesh Kumar Bung.
Umesh Chand Asawa
35
Sri Purshotamdas Mandhana, Chairman hoisting the National Flag on the occasion of 67th Republic day
Celebrations held at Head Office. Sri Ramprakash Bhandari, Sri Kishan Gopal Maniyar and Sri Srinivas
Asawa, Directors, executives of the bank and staff members paid reverence to the flag by singing national
anthem.
36
THE FIRST VOYAGE
My father passed away when I was still a young
boy. He left behind considerable wealth. Like all
young boys, I was thrilled to get so much wealth. I
enjoyed myself with my friends. I drank good
wines, visited the best places for food and spent my
money buying fine silk garments and luxury items.
I enjoyed all this for nearly a year but then I got into
a routine. I dislike the same old friends, the same
parties all over every day. I wanted a change in life.
One day, I took some money and bought some
goods which I decided to trade. For this, I made
contacts with a group of merchants who travelled
from port to port in their merchant ship. One fine
day, I set sail in a merchant ship carrying my goods
to Indian Ocean.
As we sailed on, we did not see land anywhere for
days. One morning we discovered an island. It was
a deserted island. No vegetation grew there and we
found no signs of humans or animals whatsoever.
We explored it and were returning to our ship when
there was a loud rumble and the earth shook. It was
an earthquake. The merchants on the ship sent
some boats to us who were exploring the island. All
of us scrambled to the boats. But Alas! Just as I was
about to get into a boat, there was a huge sea wave,
the earth shook once more and the island sank into
the sea. All of my friends were safe on the boats and
had reached the ship while I was left in the rough
sea waters. When I looked around, I realized that
we had mistaken the back of a giant whale to be an
island. When it went into water, we had thought
there was an earthquake.
I tried to swim to save myself. The merchants in the
ship took me to be dead and soon the ship set sail
and went away. I saw a log floating by and clung to it
till I reached a tiny island. I lay on the beach of the
island for a while. Then I got up to explore the
island. I found some wild fruit trees. I took some
fruits to feed myself and walked on. I came to an
opening where I saw a large green meadow. A horse
was grazing there. As I approached the horse, a
came to me and asked, "Who are you, my friend?” I
replied, "I am Sindbad, the sailor." Then I told him
my tale. The man introduced himself, "King
Mihrage is the owner of this and I work as a stable
groom for him. Let's go to meet him." I went with
the stable groom to King Mihrage's palace. There
he, too, heard my tale and said, "You are our guest,
Sindbad. Stay here for as long as you want to."
I stayed in the palace and had a luxurious life. I
went around exploring the other nearby islands.
On one island, a ghost resided. All night long I
could hear him beating drums. Then one day as I
was sitting on the beach I saw fish in the sea waters.
They were no ordinary fish. Each one was nearly a
hundred and twenty feet in length.
On King Mihrage's island, I befriended many
merchants. Once when I was on the islands port, I
watched the merchant ships anchored there. I
happened to see packages of goods that were
addressed in my name. I realised they were the
goods I had carried in the ship that had left without
me. I looked around carefully and to my joyful
surprise, I saw the merchant ship. I went onto the
ship and surely there were my merchant friends.
They welcomed me with open arms. They were
happy to learn that I was alive. Then the Captain
gave me tea and refreshments. He invited me to
join him and the merchants again. He told me that
the ship would set sail that evening.
I left the ship and rushed to the palace. There I
informed King Mihrage of my good luck at finding
the merchant ship. I took his leave. He was sad to
let me go but I made him happy when I gave him
gifts. The gifts were my goods that I had found in
the ship and at the port. I then bought some goods
from the islanders and loaded with the ship that
took me back to Baghdad. In Baghdad, I sold the
exclusive goods from the islands at a great price. I
made a lot of money. Then I bought a large
mansion with luxurious interiors. I saved some
wealth for the future and enjoyed myself for a few
years."
Then Sindbad turned to his guests and said, "So,
my friends, which was the tale of my first voyage.
All of you and my dear friend, Hindbad, too, must
come for a feast tomorrow evening. Then I'll tell
you about my second voyage." As the guests left,
Sindbad called Hindbad and gave him a hundred
gold coins as a goodwill gift. Hindbad was joyous to
receive so much money. He thanked Sindbad for
his generosity and promised to come the next
evening.
“To take success and failure, good and bad, pain and pleasure equally is wisdom” - Ramesh Kumar Bung.
Musheera Begum
HO :F&A.
37
Bank opened its 40th Branch at Abids, Hyderabad along with ATM facility on 12th February, 2016.
Sri Veera Brahmaih, IAS, Commissioner for Cooperation and Registrar of Cooperative Societies, Sri V.B.
Kamalasan Reddy, IPS, Dy. Commissioner of Police, Central Zone have inaugurated the branch.
Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman- emeritus, Sri Rampal Attal,
Vice Chairman, other Directors, Sri Umesh Chand Asawa, MD & CEO, other executives and staff present at
the inaugural function.
Sri Purshotamdas Mandhana, Chairman cutting the New Year cake on 01.01.2016 at Head Office.
Sri Rampal Attal, Vice Chairman, Sri Umesh Chand Asawa, MD & CEO and staff members at the event.
38
BANKING AWARENESS
01.
Who is the Chairman of Working Group on
Information Security, Electronic Banking,
Technology Risk Management and Cyber
Frauds?
02.
In the abbreviation CERT-IN, the letter C
stands for what?
03.
Who have come out with National Cyber
Crisis Management Plan and Cyber Security
Assessment Frame work?
04.
Which aspect CCMP should address?
05.
Who has set up Indian Banks – Centre for
Analysis of Risks and Threats (IB-CART)?
06.
Who is the Chairperson of the SAARCFINANCE Group?
07.
Which Act provides the statutory framework
for the regulation of Foreign Exchange
derivatives contracts?
08.
In the OTC, interest rate derivatives (IRD)
segment, interest rate swaps (IRS) and
for ward rate agreements (FRA) are
permitted on various benchmarks. In this,
who can take hedging and trading positions?
09.
Who acts as the 'lender of the last resort' for
banks in India?
10.
By providing the facility of opening accounts
for banks, who becomes the common
banker, known as 'Banker to Bankers' in
India?
inject liquidity over a period that is longer
than overnight. What are these different
tenors?
18.
What is Marginal Standing Facility (MSF)?
19.
What is the Bank Rate?
20.
Market Stabilisation Scheme (MSS) is an
instrument for monetary management was
introduced in which year?
21.
With the agreement on Monetary Policy
Framework between the Government and
the RBI, the Reserve Bank has formally
adopted a flexible inflation targeting (FIT)
framework. When was this agreement
signed?
22.
W h a t i s n e c e s s a r y p re c o n d i t i o n t o
sustainable growth and financial stability?
23.
What India has been doing in the face of the
global uncertainties?
24.
What is Derivative used in financial markets?
25.
Following the breakdown of the Breton
Woods, which led to floating exchange rate,
the CME introduced the first currency
features in 1972. What is C in CME?
26.
With nationalisation of what the public sector
banking commenced in India?
27.
When India embarked upon financial sector
liberalisation in a phased manner?
28.
Banking Industry was deregulated by way of
allowing entry of new private sector banks. In
1993 initially, how many new private Indian
banks were set up?
11.
Indian Companies are allowed to raise
external commercial borrowings. It includes ------
12.
When Indian Rupee was delinked from the
Pound Sterling?
29.
What are the notable features towards
deregulation of banking sector?
13.
When the Liberalised Exchange Rate
Management System (LERMS) involving the
dual exchange rate was instituted in India?
30.
What are the essential components of sound
NPA management in banks in India?
14.
With effect from 01.03.1993, LERMS was
replaced by ------
31.
What is the objective of the Corporate Debt
Structuring (CDR) framework?
15.
Which bank is the custodian of the Indian
foreign exchange reserves and is vested with
the responsibility of managing their
investment?
32.
In the event of failure of the measures already
taken, to what steps banks resort to?
33.
Who was appointed as the first Indian
governor of the Reserve Bank?
16.
What is the aim of Monetary Policy of RBI?
34.
Headquarters of Bandhan Bank is in --------
17.
Since October 2013, the Reserve Bank has
introduced term repos of different tenors to
“Self-surrender should not be done to anything less than the Truth” - Ramesh Kumar Bung.
[Answers on Page No.:
49]
39
Bank opened its 41st Branch at Bhilwara, Rajasthan along with ATM on 28th February, 2016.
Sri Subhash Chandra Baheria, MP, Bhilwara, Sri Vittal Sankar Awasthi, MLA inaugurated the new
branch by cutting the ribbon. Smt. Lalitha Samdani, Chairman, Nagar Parishad, Sri Ramkumar
Bhutra, General Secretary, All India Maheswari Sabha, Sri Rampal Soni, Chairman, Sangam Group,
Sri Trilokchand Chabra, Chairman, RCM Group lighted the lamp. Other distinguished guests have
also taken part in the inaugural function. Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar
Bung, Chairman- emeritus, other Directors, Sri Umesh Chand Asawa, MD & CEO, invitees and
customers were present on the occasion.
40
SINGLE ADDRESS
PROOF ENOUGH TO OPEN
NEW BANK ACCOUNT: RBI
RBI ASKS LENDERS TO REVISE THEIR KNOW-YOUR-CUSTOMER REGULATIONS
WITH IMMEDIATE EFFECT
People wanting to open a bank account will now just need to submit a declaration detailing their
current address, the Reserve Bank of India (RBI) said on18th July, 2016, a move that will benefit
millions living in rented accommodation.
“No proof is required to be submitted for such address for correspondence. This address may be
verified by the bank through 'positive confirmation' such as acknowledgment of receipt of (i) letter,
cheque books, ATM cards; (ii) telephonic conversation; (iii) visits; etc.,” RBI said in a notification. The
regulator asked banks to revise their know-your-customer (KYC) rules with immediate effect.
“Henceforth, customers may submit only one documentary proof of address (either current or
permanent) while opening a bank account or while undergoing periodic updation,” the central bank
said. “In case the address mentioned as per proof of address undergoes a change, fresh proof of
address may be submitted to the branch within a period of six months.”
Current RBI norms mandate that customers who want to open a bank account should submit an
identity proof like a PAN card, voter's ID, driving licence or any other identity, along with utility bills
that detail the permanent address of a customer such as a telephone bill, electricity bill or ration card.
RBI clarified that in case a customer is staying away from his permanent residence, a simple
declaration by the customer detailing his or her local address will suffice to open a new bank account.
Any change in the local address of the customer should be intimated to the bank “within two weeks of
such a change”, RBI said. The change has been made following “representations from various
quarters, especially migrant workers and transferred employees, etc., regarding problems faced in
submitting a proof of current/permanent address while opening a bank account”, the central bank
said. Easing of KYC norms has been in the works for some time now. At the annual convocation of the
National Institute of Bank Management in April, RBI governor Raghuram Rajan said it is a “shame”
that so many people in the country don't have access to banking. “Can we do this (KYC) better
(without) compromising on security, while allowing ease of access? If it (KYC) becomes a bureaucratic
end-in-itself and prevents us from expanding access even while not doing so much to keep the crooks
away from the system, we have to re-examine them,” Rajan had said.
Let us not mistake activity for productivity. Time and effort can never be
managed in isolation. It is always managed in the context of what you want from life
and where you want to reach in life. Effort without direction is activity. Effort with
direction is productivity.
Umesh Chand Asawa
“Your conscience is a good friend, listen to it more often” - Ramesh Kumar Bung.
41
Our Charminar Branch was shifted to a new spacious premises on 28th March, 2016. An onsite ATM
was also installed. Sri V. Satyanarayana, IPS, Dy. Commissioner of Police, South Zone and Sri Ashok
Chakravarthy, Asst. Commissioner of Police, Charminar and Smt. Renu Soni, Corporator inaugurated
the branch and ATM. Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairmanemeritus, Sri Rampal Attal, Vice Chairman, other Directors, Sri Umesh Chand Asawa, MD & CEO
present at the event.
Sri Umesh Chand Asawa, MD & CEO inaugurating Training Programme conducted for promoted
officers at Staff Training College. Participants can be seen in the photo.
42
ASANAS FOR A STRONG
MUSCULAR SYSTEM
Bent bodies, greying hair, back-aches, spondylitis,
lack of vitality & stamina, stomach disorders, joint
pains, muscle ruptures…the list is endless. And so is
the fact that these are not the ailments of a 70-yr
old, but 30-year-olds and even younger.
Unfortunately, while a fast paced modern lifestyle
has its perks, it is but short lived as it brings with it
the perils of a body that is rapidly ageing.
Looking beautiful, having a great body, is
something that plagues everyone today, young and
old alike. As a result, long hours spent at the gym,
running on the treadmill and various other modern
fitness mantras and diet regimes in the hope of
staying young and maintaining your youthful glow.
All of these work on the principle of increasing
body's metabolism. You sure get in shape, but as an
equal and opposite reaction, your cells deteriorate
at an exponential rate. Ruptured joints, weak and
bent spines, loss of glow and stamina, are natural
by-products. It is said that gymming continuously
for years can ruin your knees, dry up your vital
fluids, and damage your spine.
Vedic rishis were masters of the body and gave us
Asanas. Asanas are not exercises but tools to
increase the strength and vitality of the body by
slowing down and optimising the metabolism of
body. So perfect is the science of Asanas that not
even one asana puts strain on 5th or 6th vertebra,
which can cause serious damage to the body. We
will look at a set of Asanas from Sanatan Kriya that
will help strengthen the Muscular and Skeletal
system.
Asanas work on the principle of consciousness and
affect etheric layers of the body which in turn
control physical body. Our musculature and skeletal
framework is governed by the Mooladhar chakra in
the etheric body (corresponding to the base of the
spine in the physical body), along with the survival
instinct. The Mooladhar chakra is said to be the
highest chakra in an animal and the lowest in a
human being. Any imbalance in this chakra leads to
Neuro-muscular problems, weak bones, anxiety,
stress, fear, disorders of the excreta organs and even
affects the heart. To keep such diseases at bay, we
will look at a set of Asanas, to help activate the
chakra that controls their vital functioning.
Vrikshasana: Stand tall with arms by the side of
your body. Bend your right knee, bringing the right
foot high up to your left thigh, such that the sole of
the foot rests firmly near the root of the thigh. Find
yourself a perfect crevice where your foot can firmly
hold itself there. Ensure the left leg is straight and not
bent. As your body is in balance, gently raise your
arms over the head and join your palms in a
Namaskar position. Maintain the awareness of
Mool chakra. Gently bring your hands down and
your right leg. Repeat this posture with the other leg.
Caution: This asana should not be attempted by
people with problems of knee or sciatica.
Utthanasana: Bring your left leg down while
holding the hands above the head. Spread your legs
apart with toes pointing outwards. Keeping the back
and neck straight and buttocks squeezed in; bend
the knees to go down by about ten inches. Maintain
ujjai breath. Hold this posture for a count of seven
and then go down another ten inches. Once again
hold for a count of seven and go further down so as
to squat. The heels stay on the floor and the back
does not bend. Stay for a count of seven.
Caution: The asana must not be practiced in case
of uterus prolapsed and after three months of
pregnancy.
Naukasana: Next, lie down on the back. Exhale,
raise your legs (joint together) to about twenty-five
degrees. Also raise your upper body and your arms
(the arms will point forward) to twenty-five degrees.
Maintain the posture for as long as you can. Ensure
that your back is straight and knees do not bend.
Inhale; come back to the starting position.
We may note here that Asanas are not exercises.
They are the gradual process of evolution in the
body effectuated under sanidhya of a Guru. They
are to be performed gently, with eyes closed,
internal awareness and breathing in Ujjai, or long
deep breaths.
Ensure you are wearing comfortable clothes and are
in a well-ventilated place.
A. Swapna
Receptionist: H.O.
“If you miss an opportunity, do not cloud your eyes with tears; keep your vision clear that you will not miss the next one” - Ramesh Kumar Bung.
43
Sri Sivananda Raja, Senior Vice President, Tech-Mahindra has visited Bank's Head Office during March,
2016 and enlightened the gathering about Customer Service. Sri Purshotamdas Mandhana, Chairman, Sri
Ramesh Kumar Bung, Chairman- emeritus, Sri Rampal Attal, Vice Chairman, Sri Umesh Chand Asawa,
MD & CEO, executives and staff members took part in the meeting.
Smt. Ranjana Sharma, Dy. General Manager and other women employees celebrating International
Women's Day at Head Office.
44
DO
DO YOU
YOU
?
KNOW
01. Australia used to be called as 'New Holland'
earlier.
02. Every year 6 crore tourists visit France. The
population of France is also 6 crore.
03. The record of acting in more number of
films is in the name of Malayalam actor
Prem Nazir. He acted in 725 films and holds
Gunnies Book of World record. The record
of playing double roles is in his name only.
He played double roles in 33 films.
04. The stickers 'Made in China' are made in
Japan, Taiwan, South Korea and Cuba.
05. Highest number of vegetarians lives in
India.
06. There are no volcanoes in Australia.
07. There are 17500 museums in America.
08. In Spain's national anthem, there are tunes
and music only. There are no lyrics.
09. Man's nose can feel 50000 types of smell.
10. In 2008, there were only 818 recognised
Yoga centres in USA. Now the number has
reached to 3900.
11. The population of women in Russia is 120
lakh more than men.
12. There is 3 G mobile coverage from Everest
base camp to top summit. The firm called
Ncell is providing this facility.
13. There is an airplane going from Westray
Island (near Scotland) to Papa Westray.
The travel time is only 2 minutes.
14. 25% of people driving cars in the world are
doing left side driving.
15. When a picture is seen, the image is
inverted in the yes. Since the brain also
receives it inverted, the image is viewed in a
correct form.
16. Winds blow at the speed of 1300 miles per
hour on Neptune planet.
17. In 1911, the Niagara waterfalls were totally
frozen.
“To smile at an enemy is to disarm him” - Ramesh Kumar Bung.
18. The number of guns in America is more
than its population.
19. There is a red sandalwood tree in
California, which is 380 feet high. It is the
highest tree in the world.
20. Bollywood is older than Hollywood. The
first picture released in Hollywood was in
1907, whereas the first picture in
Bollywood was in 1899.
21. So far, 12 astronauts have landed on
moon.
22. Firstly, an hour has been divided into
minutes. Later, secondly, each minute has
been divided into seconds. That is why it is
being called as second.
23. Even Dolphins give names to them. They
call each other with sounds like whistles.
24. The waves of Tsunami travel with a speed
of 700 kilometres per hour in the sea.
25. It is a crime in Russia to drive cars which
have dust.
26. You have to undergo haircut in North
Korea in 28 types of hairstyles devised by
the Government. No new style haircut is
permitted.
27. 30 crores of photos are uploaded in
Facebook daily.
28. The world's biggest 3 D IMAX screen is in
Prasad's IMAX theatre, Hyderabad.
29. 70% of the mobile phones in the world are
made in China.
30. In book reading, India is top in the world.
Indians spend 10 hours 42 minutes per
week in reading books and magazines.
P. Venugopal Reddy
HO: Credit
If your intentions are genuine and the
motive is only to make a difference, go ahead
and do it.
45
Panchanga Sravanam was conducted during Ugadi festival at Head Office. Sri Bhavani Sankar Kedia and
Sri Nookala Yagna Narayana Sarma, well-known astrologers briefed the predictions for the Hindu year. Sri
Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman- emeritus, Sri Rampal Attal,
Vice Chairman, Sri Umesh Chand Asawa, MD & CEO and employees took part in the Ugadi celebrations.
Sri P.S. Jagannatham, Sr. Divisional Manager, LIC and Sri Purshotamdas Mandhana, Chairman have
exchanged the MOU on 01.04.2016 at Head Office. Sri G. Swaminathan, Marketing Manager, Sri L.K.
Sham Sunder, RM, Marketing, Smt. Usha Sree, Manager, LIC of India, Sri Umesh Chand Asawa, MD and
other officials during the meet.
46
ALL YOU WANT TO KNOW ABOUT FORM NUMBER 16
Filling up Form 16 is not as complicated as you
think. In case thinking about it worries you, relax!
Like always, we’ve got you covered. We’ll explain
all the complicated parts of Form 16 for you so
that you aren’t confused anymore.
What is Form 16? : Form 16 is a tax document
that carries all the information a salaried
individual requires to file their Income Tax return.
As per the tax rules of India, you need Form 16 as
a proof that your employer has deducted TDS on
your salary. It’s issued on a yearly basis, and
you’re supposed to fill it on or before 31st August
every year. Form 16 has two parts—A and B.
Here are the details:
Form 16 Part A/Traces Form 16: It consists of
the PAN (Permanent Account Number) and TAN
(Tax deduction & collection Account Number)
details of both the employer and employee. Apart
from these, it also mentions various other details
like the name and address of both the employer
and the employee, the assessment year and the
time you spent working with the employer. It also
showcases a detailed summary of the TDS
deductions from your monthly salary.
Form 16 Part B/Salary Statement/Annexure:
Apart from carrying the details of your yearly
earnings, this part mentions other crucial details
like deductions that you claimed under Section 80
of the Income Tax Act. These include Life
Insurance premium, EPF, PPF, NSC, or donations
made towards charity. It basically gives your total
taxable income.
Who is supposed to fill Form 16?: According
to the regulations issued by the Finance Ministry
of the Indian Government, every salaried
individual who falls under a taxable bracket is
supposed to fill this form.
How to get it?: Your employer will provide you
with this document which is also commonly
known as a salary certificate. If you fall under a
taxable bracket, this form will be indispensable
when filing your Income Tax return. In case you
don’t receive it from your employer, you can also
download the PDF version from the website of
the Income Tax Department.
Why do you need to fill it?
• You need Form 16 while filing your income
tax returns for the financial year.
• It reflects your total earnings and Income Tax
that has been deducted from your salary.
You’d want to know what that is, right?
• While applying for any kind of loan, banks will
most likely ask for your Form 16, as a part of
their verification process.
Let’s see how to fill your ITR-V using Form 16.
Filing your ITR (Income Tax Return) online
using your Form 16- Things you can fill
directly from Form 16:
• Gross salary details: Check Part B of your
Form 16. Your gross salary details will be
mentioned as the first point, right there.
• Deductions under Chapter VI-A: The
ninth point of Form 16 Part B will give you the
details of all deductions under Chapter VI-A.
• Net tax payable: Form 16 Part B again to
the rescue! This will be the 18th point on your
Form 16, Part B.
• TDS (Tax Deducted at Source): You’ll find
your TDS details in Part B of Form 16.
And you were wondering how Form 16 would
help! Filing your ITR is child’s play, if you have
your Form 16 (both Part A and B) duly filled. In
case you’ve changed jobs during the same
financial year, you need to fill more than one
Form 16 (depending on the number of job
switches). It basically has to be filled separately for
each employer.
K. Praveen Kumar
H.O.: F&A
It is not whether you are homebound or
employed but the determination to realise your
goals that makes a difference.
Umesh Chand Asawa
“Be grateful that you don’t have everything you want. That means you have the opportunity of being
happier tomorrow than you are today” - Ramesh Kumar Bung.
47
Dr. S. Subbaih, General Manager, RBI, Sri K. Hariharan and Sri P. Sasidhara Sastry, officials from RBI
addressing the Auditors and Inspectors of the Bank on Internal Auditing System in a workshop conducted
by the bank. Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairman- emeritus, Sri
Rampal Attal, Vice Chairman, Sri Umesh Chand Asawa, MD & CEO took part during the inauguration of
the workshop.
Vice Chairman, Sri Umesh Chand Asawa, MD & CEO addressing the branch managers during Performance
Review Meeting held at Ala Liberty, Hyderabad during April, 2016. Sri Vikramaditya Duggal and Smt. Sruti
Mashru taking up motivational sessions.
48
ANSWERS
01. G. Gopalakrishna.
02. C o m p u t e r ( C E R T- I N = C o m p u t e r
Emergency Response Team-India, a
Government entity).
03. CERT-IN.
04. Containment.
05. IDRBT, Hyderabad.
06. Arjun Mahendran, Governor, Central Bank
of Sri Lanka. He launched the SAARC
FINANCE Database, developed by the
Reserve Bank, in Collaboration with other
SAARC central banks.
07. Foreign Exchange Management Act, 1999,
better known as FEMA, 1999.
08. Banks and Primary Dealers (PD) take
hedging and trading positions.
09. Reserve Bank of India.
11. Commercial Bank loans, Buyers' Credit,
Suppliers' Credit, securitised instruments
(Foreign Currency Convertible Bonds –
FCCBs and Foreign Currency Exchangeable
Bonds – FCCBs are also governed by the
ECB guidelines).
12. In September 1975. With the decline in the
share of Britain in India's trade, increased
diversification of India's international
transactions together with the weaknesses of
pegging to a single currency.
13. In March 1992.
14. A unified single market-deter mined
exchange rate system based on the demand
for and supply of foreign exchange.
16. Primarily price stability, while keeping in
mind the objective of growth.
17. 7 days, 14 days, 28 days and 56 days.
18. It is a facility under which scheduled
commercial banks can borrow additional
amount of overnight money from the Reserve
Bank by dipping into the SLR portfolio up to
a limit (currently 2% of their demand and
time liabilities) at a penal rate of interest
(currently 50 basis points above the repo
rate).
19. It is the rate at which the Reserve Bank is
ready to buy or rediscount bills of exchange or
other commercial papers.
“When sorrow ends completely, there is love” - Ramesh Kumar Bung.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
30.
31.
32.
33.
34.
2004.
February 20, 2015.
Price Stability.
India has outlined and adhered to a path of
fiscal consolidation to reduce the fiscal deficit
that had widened dramatically following the
post-financial crisis stimulus; careful about
foreign borrowings, especially at the very
short term; careful in moderating periods of
extreme volatility in the currency through
exchange intervention; foreign exchange
reserves are the fourth element of our
defence. We have about $ 360 billion plus
forward positions to offset possible forward
liabilities.
A derivative is a contract whose value derives
from and is dependent on the value of an
underlying asset such as a commodity,
currency or security.
Chicago (CME = Chicago Mercantile
Exchange).
The then Imperial Bank as State Bank of
India in 1955.
After 1991 (In the aftermath of a balance of
payment crisis situation and with the advent
of economic reforms).
10.
Allowing 74% foreign investment in private
sector banks; doing away with licensing of
branches; domestic scheduled commercial
banks in a phased manner; deregulation of
interest rates; widening and deepening of
financial markets ec.,
Prevention of NPAs through prudent
underwriting; effective early alert system;
quick and effective remedial measures to
prevent slippage; and faster resolution of post
slippage.
To ensure timely and transparent mechanism
for restructuring the corporate debts of viable
entities facing problems, outside the purview
of BIFR, DRT and other legal proceedings for
the benefit of all the concerned.
File suits with DRTs, involve the provisions of
SARFAESI Act, 2002, may also sell their
NPAs to Asset Reconstruction Companies.
Chintamani Dwarakanath Deshmukh in
1943.
Kolkata, West Bengal.
49
Sri Pocharam Srinivasa Reddy, Minister for agriculture, Govt. of Telangana being greeted by Sri Ramesh
Kumar Bung, Chairman-emeritus.
Vice Chairman, other Directors, Sri Umesh Chand Asawa, MD & CEO greeting the employees of the Bank
for having achieved Rs. 2800 Crore business for 31.03.2016.
50
WHY MOSQUITOES
REALLY WON'T LEAVE
YOU ALONE
You can always count on a mosquito bite to ruin a
fun summer evening. But you've probably noticed
that one of your friends (or maybe it's you) seems to
have an uncanny ability to attract all the little
fiends, while the rest of your crew gets off relatively
easily. Although scientists don't know the full
picture yet, they do have some pretty good ideas
about why the little guys are so attracted to certain
people — and how to make it stop.
You've probably heard that your blood type, sweat,
or a multitude of other things can attract
mosquitoes. While some of those "attractions" are
more plausible than others (sorry, it's definitely not
your blood sugar content), Joe Conlon, PhD,
technical advisor to the American Mosquito
Control Association, says it all comes down to the
secretions your skin's putting out.
"There's no question that everyone has a different
odour about them," says Dr. Conlon. "The
mosquitoes have honed in on this and have
determined that some people should be on the
menu more often than others."
One major factor is the amount of carbon dioxide
you release. "Carbon dioxide acts more as an
excitant," Dr. Conlon explains. "It's not necessarily
going to get them to land on you, [but] it gets them
off of the leaf and into a pursuit mode." Some
people, such as pregnant women, definitely exude
more carbon dioxide than others.
Carbon dioxide gets them off the leaf and into
pursuit mode.
Mosquitoes follow that carbon dioxide trail to you
in a zig-zag pattern, and when they get within a foot
of you, your body temperature starts to play a role.
Mosquitoes favour those of us who sweat more, for
example, because that helps waft our delicious
scents toward the insects.
We don't all react the same way to a bite, either. For
instance, Dr. Conlon says those with fairer or
ruddier complexions may have more noticeably
irritating reactions, even if they're not actually
getting bitten more often than those with darker
complexions.
As a recent study suggests, all of these factors may
come down to an inherited genetic predisposition
to being mosquito bait. "It's mostly to do with body
odour, which is controlled in part by our genes,"
writes James Logan, PhD, lead author of the study,
in an email.
There's still plenty more research to do. Because
mosquitoes are responsible for transmitting some
of the world's most serious life-threatening
diseases, including things like malaria and dengue
fever, scientists are continually interested in figuring
out what attracts the insects — and what keeps
them away.
Dr. Conlon explains that nearly all of the research
has been done on just a few species of mosquitoes.
So it's important to keep in mind that "there's
considerable difference in what each [species of]
mosquito deems as attractive — [and] we're only
scratching the surface," he says.
There's considerable difference in what each
species of mosquito deems attractive.
For now, Dr. Conlon says we can stick to the triedand-true methods of repelling the little beasts:
Make sure to drain any standing water in your area
to keep mosquitoes from breeding in your yard. Try
wearing multiple layers of loose-fitting clothing,
which may or may not be feasible in this oppressive
summer weather. Or, you can try some tight-weave
athletic wear that won't let mosquitoes bite
through. And defend yourself using EPA-registered
repellents, which are required to be safe and give
you at least two hours of protection.
Yes, mosquitoes and their bites are an unfortunate
fact of summer, but at least there are proven ways of
getting them to go away — which is necessary for
warding off both discomfort and disease. Here's to
an itch-free summer.
A. Geetha, Vanasthalipuram Branch
Most of the communication gaps occur
because we communicate to an unprepared
mind.
Your happiness is determined more by your disposition than by your circumstances” - Ramesh Kumar Bung.
51
Bank opened its 42nd Branch at Kompally, Hyderabad along with an onsite ATM. The new branch was
inaugurated by Sri K.P. Vivekanand, MLA Qutbullapur Constituency, Dr. Y. Sai Sekhar, Dy. Commissioner
of Police, Balanagar Zone. Sri Purshotamdas Mandhana, Chairman, Sri Ramesh Kumar Bung, Chairmanemeritus, Sri Rampal Attal, Vice Chairman, other Directors, Sri Umesh Chand Asawa, MD & CEO and
employees took part in the inaugural ceremony.
100th Issue of HAMARA PRAYAS was inaugurated by Sri. K. Sudheer Babu, IPOS, Senior Superintendent
of Post Offices, Hyderabad Region at Head Office of the Bank. Sri Purshotamdas Mandhana, Chairman, Sri
Ramesh Kumar Bung, Chairman- emeritus, Sri Rampal Attal, Vice Chairman, Sri Umesh Chand Asawa,
MD & CEO and Smt. Ranjana Sarma, Editor of Hamara Prayas and other staff members were present at
the event.
52
CENTRE INJECTS RS.22, 915 CR INTO 13 PUBLIC SECTOR BANKS
In a bid to boost credit growth in the economy, the Centre announced a sum of Rs.22, 915 crore for
recapitalization of 13 public sector banks.
Largest allocation: State Bank of India (SBI) is to receive the largest allocation of Rs.7, 575 crore.
Indian Overseas Bank and Punjab National Bank are to get Rs.3, 191 crore and Rs.2,816 crore
respectively. The banks' lending capacities are restricted by poor asset quality and weak capitalization.
The infusions required in the current year were assessed from the CAGR of credit growth for the last
five years and the banks' projections of credit growth. The potential for growth of each these banks was
also factored in.
“…Seventy-five per cent of the amount collected for each bank is being released now to provide
liquidity support for lending operations as also to enable banks to raise funds from the market,”
according to a statement by the Union Finance Ministry.
The remaining amount, to be released later, will be linked to performance, according to the statement.
Efficiency improvements, growth in both credit and deposits, and reduction in the cost of operations
will be assessed for the purpose.
Budget provision: In the Union Budget, the Centre had allocated a total of Rs.25,000 crore for the
capitalisation of public sector banks in the current financial year 2016-17, in line with the infusion
plans announced under the umbrella scheme “Indradhanush” introduced last year. The plan proposes
infusions adding up to Rs.25,000 crore in 2015-16 as well as in 2016-17, followed by Rs.10,000 crore
each in 2017-18 and 2018-19.
SBI Chairman Arundhati Bhattacharya said that the provision of bank capital by the Centre was “most
welcome” and “very timely”. The funds, she hoped, will help the banks in increasing their lending,
raising additional funds and clean up balance sheets.
'Adequately funded': Public sector Indian Bank on Tuesday said it was adequately funded and would
meet its capital requirements through internal accruals.
Hailing infusion of Rs.22,915 crore capital into 13 PSU banks by the Centre as an “intelligent move”,
Indian Bank Managing Director and CEO Mahesh Kumar Jain said it would help lenders to focus on
credit growth.
Shares of PSU banks climb: Shares of State Bank of India (SBI) shares closed 0.48 per cent higher to
Rs.229.70 on BSE but PNB closed 0.83 per cent lower to Rs 131.40. Indian Overseas Bank climbed
0.90 to close at Rs.28, while Canara Bank jumped 4.71 per cent to close at Rs.258.75 on the BSE.
Bank
State Bank of India
Indian Overseas Bank
Bank of India
Central Bank of India
Syndicate Bank
Uco Bank
Canara Bank
United Bank of India
Union Bank of India
Corporation Bank
Dena Bank
Allahabad Bank
Punjab National Bank
Total
Funds provided (Rs. In Crore)
“Look for acceptable but creative ways to distinguish yourself from everyone else” - Ramesh Kumar Bung.
7575
3101
1784
1729
1034
1033
997
810
721
677
594
44
2816
22915
53
BERMUDA TRIANGLE MYSTERY
REVEALED IN RIG VEDA
& ATHARVA VEDA
Bermuda Triangle or the Devil's Triangle, is a
region in the western part of the North Atlantic
Ocean, where a number of aircraft and ships are
said to have disappeared under mysterious
circumstances.
Even though the US Navy says that Bermuda
Triangle does not exist, many have attributed
various disappearances to the paranormal or
activity by extraterrestrial beings. But till date,
nobody could find out actual reason behind this
mystery.
Many believe that there is a hidden pyramid inside
the atlantic ocean, which pulls everything towards
it like a magnet. It was named as “danger region”
for about 500 years after disappearance of ships &
planes. In 1492 during journey to America,
Columbus saw some glitterness in this region and
his magnetic compass got disturbed.
Bermuda Triangle Mystery Revealed in Rig Veda:
Although there is a similar demon described in first
ever poem, Ramayana, it does not match with the
geographical location. Simhika, the gigantic
demon had the power to attract anything's shadow
flying over ocean and pull it into the waters.
However, that was on the way to Lanka.
Brahmanda Purana (composed more than 5000
years ago) and Rig Veda (written more than 23000
years ago) clearly state that the planet Mars was
born our of Earth. That is why he is called as
Bhauma ('son of Bhumi') or Kuja (Ku = Earth + Ja
= Born out of ) in Sanskrit.
Asya Vamasya Sukta in Rig Veda states :”When
Earth gave birth to Mars, and Mars seperated from
his mother, her thigh got injured and she became
imbalanced (Earth rotated in its axis) and to stop it
Godly doctors, Aswini Kumars poured iron into the
triangular shaped injury and Earth got fixed in her
current position.
That is why Earth's axis is bent at a particular angle.
That triangular shaped injury on our planet which
was filled with iron went onto become Bermuda
Triangle. Iron stored inside earth for years becomes
natural magnet and Bermuda disappearances, fog,
54
high and low temperature water streams colliding
are a result of this.
Moon was also born out of churning of milky ocean
and when it rocketed out from Earth at latitude of
about 23½ a huge bump created by its ejection
came in line with Sun. So, Earth has tilted axis at
23½. Modern science could not explain this
phenomenon and also the strange coincidence that
Earth is titled at 23½ degress and Bermuda
Triangle is also at 23½ !
In 1909, a fishing boat got disappeared. On 5th
Dec 1945, a flight started from Florida (USA),
when went about 120 miles east, its contact was
broken from base station and plane disappeared.
In 1948, a ship carrying 27 travelers disappeared in
Bermuda region. In 1951, another ship carrying 53
travelers disappeared in this region. Due to safety
and precautionary reasons, all routes for ships &
planes have been made out of this triangle.
Bermuda Triangle Mystery Revealed in Atharva
Veda : Atharva Veda has description of several
gems. One of them is Darbha gem, which is
described in Sukta 28, 29 & 30, by Darbha gem.
So, electro-magnetic waves going from wireless
system or coming to system are disturbed and
wireless system fails.
Darbha gem is like a very short form of neutron
star, which has high density. Similarly, Darbha gem
also has high density so there is high gravitation
due to Darbha gem. There is emission of high
energetic electro-magnetic waves due to Darbha
gem, probably due to nuclear reactions happening
in it. Intensities of electric & magnetic field
associated with electro-magnetic waves are very
high.
This gem could be a powerful and dangerous
weapon. Khanda 19 of Atharva Veda, Mantra 4 of
Sukta 28, states : “As the Sun brings down clouds
on earth in the same way oh! Darbha gem you fall
down the rising enemies.” It means that there is
gravitational force due to Darbha gem inside water.
Mantra 5 of Sukta 29, says, “As the curd is stirred in
the same way oh! Darbha gem you stir enemies.” It
“It is good for a person to earn money for his needs. It is the hunger for wealth that is bad” - Ramesh Kumar Bung.
SALAM HYDERABAD
means to stir the bodies is a property of Darbha
gem. In Mantra 7 of Sukta 29, says, “to burn the
bodies”;
VANASTHALIPURAM
It means there is emission of high energetic rays like
laser rays by Darbha gem, which destroy bodies.
So properties of Darbha gem are:
1)
High gravitational field.
2)
Stir bodies coming near to it.
3)
Emission of high energetic rays.
All these properties of Darbha gem, explain the
phenomena of Bermuda Triangle. Mars (Mangala /
Kuja) has Triangle shaped Yantra in Vedic
Astrology. In Vedic Astrology, Mars (Mangala or
Kuja) is red in color (similar to what modern
scientists discovered), had water bodies on it (dried
river beds found by NASA).
Coral, the gemstone related to Mars is also red in
color and found only under sea waters.
What is even more astonishing is that, Yantra is
Mars is triangle (tilted) shaped. In that way, Mars is
brother of all humans born on planet Earth. Mars
also controls all land related issues in human lives
like Real Estate Business, Agriculture, and Siblings
etc in astrology.
Modern scientists assume presence of methane
hydrates, which indicates enormous eruptions of
methane bubbles that would swamp a ship and
projected high into the air- take out flying airplanes,
as well. Any ship caught within the methane megabubble immediately lose all buoyancy and sink to
the bottom of the ocean. If the bubbles are big
enough and possess a high enough density they
can also knock aircraft out of the sky with little or no
warning.
Aircraft falling victim to these methane bubbles will
lose their engines-perhaps igniting the methane
surrounding them-and immediately lose their lift as
well, ending their flights by diving into the ocean
and swiftly plummeting.
A. Masthan Reddy
Joint General Manager
Vanasthalipuram is a very busy commercial and
residential hub on the suburb of Hyderabad located
on Vijayawada national highway. It is spread
towards Nagarjuna Sagar highway on the south. It is
also one of the oldest residential localities of
Hyderabad, which still maintains the old look
despite growing into a commercial centre. Perhaps it
is the only colony which has abundant greenery with
as many as 18 parks developed by erstwhile
Hyderabad Urban Development Authority
(HUDA).
The entire area was once a dense forest with wild
animals and a famous hunting ground for the then
Nawabs during the rule of the Nizam of Hyderabad.
It was originally known as Shikharghar, because it
was the hunting ground. In fact, there is still a vast
stretch of reserve forest area, now called 'Harina
Vanasthali' which has been declared as national
park. Spread over 3758 acres, it is the largest lung
space in Hyderabad and is home to large number of
black bucks, besides other wild animals and
monkeys.
The area got the name 'Vanasthalipuram' only
because it was once a forest (Vana means forest,
sthali means place and puram means locality). Till
'80s, the present Vanasthalipuram colony was not a
very well known locality. It was locate on a hillock
with rocks and shrubs. It was only after the then
government allotted residential plots to Secretariat
employees and other non-gazetted officers.
Vanasthalipuram started buzzing with activity. Very
soon, it became one of the biggest colonies of the
South India.
Chairman.
“Try to make all the people you meet feel like they are the most important persons you have seen all day” - Ramesh Kumar Bung.
55
WOMEN WHO MADE HISTORY
Today, society has opened arms for women and
accepted them, but to grow up in a society where
women had to fight gender barriers and excel
was tough. Still, women have been pioneers
who kept pushing in every field they chose, be it
arts, science, politics, entertainment or business.
Throughout history, women had to fight to assert
their individuality and be accepted as easily as
men by society. But, there are also those whose
bravery and dedication led them to challenge
the adversities faced by women. Here are some
inspirational women who led the path of
courage and devotion.
MIRA BAI [1498-1565]: She is considered
the most famous woman
devotee of North India. A
great saint and Bhakta of
Sri Krishna, she lived an
ex e m p l a r y s a i n t l i f e
despite criticism and
hostility from her own
family. Mirabai was born a
princess but she refused the
pleasures offered to her and
begged on the streets of Brindavan. Her love
and devotion for Sri Krishna is shining example
of the purest devotion ever seen. Born during
the time of war and spiritual decline, she
preached that love can attain all and became a
beckoning force of inspiration. 'I am mad with
love and no one understands my plight. Only the
wounded understands the agony of the
wounded, when the fire rages in the heart'.
JANE AUSTEN [1759-1797]: 'I do not want
people to be very agreeable, as
it saves me the trouble of
liking them a great deal'.
Her novels, 'Pride and
Prejudice' and 'Sense and
Sensibility' are considered
as literary classics. Born
centuries ago, she was not
quite popular during her
time, but gained immense
popularity and fame only after 1869 through her
works which bridged gap between romance and
realism. Today, Austen is considered as one of
the greatest English writers of all time. Though
56
not recognised during her era, Austen won
international acclaim as a scholar and a great
writer in English history in the 1920's. Her works
have been transformed into motion pictures,
television shows and modern adaptations of her
work got translated into different languages.
FLORENCE NIGHTINGALE [1820-1910]:
Born in an affluent British
family, from a young age
Florence was active in
ministering to the ill and
needy. During the Crimea
War, Florence Nightingale
and her team of nurses
improved the sanitary
conditions in the British
based hospital and reduced
the death count to 2/3rds. She cared and treated
the war victims every minute of her time and
thus was soon referred as 'Lady with the Lamp'
or 'The Angel of Crimea'. After the experience at
Crimea war zone, she wrote her observations
regarding sanitary conditions to other military
hospitals which sparked worldwide health care
reforms. 'I think one's feelings waste themselves
in words; they ought all to be distilled into
actions which bring results'.
MOTHER TERESA [1910-1997]: (Born as
Anjezë Gonxhe Bojaxhiu
Albanian) 'It is not how
much we do, but how
much we put in the doing.
It is not how much we
give, but how much love
we put in the giving'.
Known as blessed Teresa of
Calcutta, she devoted her
life to serve the poor and sick
around the world. She spent her many years in
Calcutta and is the founder of Missionaries of
Charity, a religious congregation to help those in
need. She was awarded the Nobel Prize in 1979
for her selfless charity work. Mother Teresa was a
living saint whose selfless charity and need to
help poor became an example and inspiration to
the world.
“The more love you give, the more you receive, the more you have the easier it becomes to give” - Ramesh Kumar Bung
ROSA PARKS [1913-2005]: An AfricanAmerican seamstress, who by
refusing her bus seat to a
white man, became a civil
rights activist overnight.
She was a pioneer of civil
rights in a racially
segregated Alabama in
1950's. On December 1,
1955, while travelling in an
Montgomery city bus, she
refused to give her seat to a white
man igniting a boycott which continued for 381
days until the city repelled its law enforcing racial
discrimination in public buses. After the fight
against civil rights, Rosa Parks was known as the
first lady of civil rights and December 1 came to
be known as Rosa Parks Day. 'I would like to be
remembered as a person who wanted to be free,
so other people would also be free'.
BENAZIR BHUTTO [1953-2007]:
'Whatever my aims and agenda
were, I never asked for
power'. She was the first
democratically elected
female Prime Minister of a
Muslim country and
youngest executive in the
world. She was the
daughter of former Pakistani
Prime Minister and founder of
Pakistan People's Party (PPP) and
inherited the leadership of the party after her
father's death. She served two consecutive years
as the PM of the country but ended early amidst
charges of corruption. Benazir after accusations
spent several years in London in exile. She
returned in 2007 to participate in 2008
elections, though she was received with huge
fanfare and enthusiasm, she was killed by a
suicide bomber. Though Bhutto did not live to
see the developments but the party she led and
the changes made still play a major role in the
contemporary political Pakistan.
SAVE TIME
Time is money—and we never seem to have
enough of either! But unlike money, when you
waste time, you can't get it back. Learning what
time-management tricks work for you can be just as
valuable as getting a handle on your finances. On
this week's episode of “The Payoff,” we highlight
some time-saving tricks for busy people on the go.
Prioritize your to-do list: Those who thrive on
organization and order can't live without their todo lists. For me, there's nothing more satisfying
than checking items off my “ABC” list. For tasks
that need my attention right away, I add them to my
A-list and handle those to-dos that day. My B-list is
for administrative tasks that I can batch together,
such as returning phone calls or paying bills. And
my C-list is for longer-term tasks that can wait to be
completed. It might sound elementary, but it works
for me and helps me focus my energy, without
feeling too overwhelmed by a never-ending list.
Prep the night before: Unless you're an extremely
early riser, mornings can be very stressful. To avoid
this, think of all the things you need to do each
morning to get your family out the door, and try to
do as many things as possible the night before. You
can load up the car with sports gear, lay out clothes,
pack lunches, set your table for breakfast and set
the timer for your morning brew.
Ranjana Sharma
Clean in bulk: Disinfect all your toys at once by
throwing them into an inflatable pool, bathtub or
dishwasher (except, of course, plush toys or toys
with an electronics component). It's so much faster
than wiping them down by hand. Plus, fewer germs
means less time dealing with nasty colds.
Deputy General Manager
Dharmender Kumar
Champapet Branch
“Success is not hitting the headlines; Success is in reaching the heart lines” - Ramesh Kumar Bung.
57
SPORTS & EVENTS
READER'S DIGEST
The Chief Editor,
HAMARA PRAYAS.
Dear Sir,
Today received your 7th issue of Volume VI. Your
publication if very useful to our employees, not even
in day to day banking but in our day to day life also,
particularly we always read the first page i.e.
Chairman's Desk. Your Banking Awareness topic
increases the knowledge base of our employees. Wish
you best of luck and have a good day.
Bapusaheb Ghemud, Chief Executive Officer
Gautam Sahakari Bank Ltd.
Kolpewadi, Gautamnagar, Dist. Ahmednagar [MS]
58
The Chief Executive Officer,
Mahesh Bank.
I am very grateful to you for sending me your tabloid. I
am waiting eagerly to read contents published therein
which are very much useful in day to day life as well as
better future, especially Chairman-Emeritus Inks and
MD & CEO Speaks and also other banking
information. Totally, the Tabloid is very useful in life
and in general.
Keep going. With Regards,
Basanagouda S. Patil,
Siddheshwar Cooperative Bank,
Vijayapur.
“Never forget, your good character is always important than the size of your brain or the thickness of your wallet” - Ramesh Kumar Bung.
BANK CONDUCTS COMPETITIONS IN SPORTS,
GAMES AND SINGING FOR STAFF
Bank has commenced conducting competitions in Sports and Games to enthuse its staff members on
9th July, 2016 at Victory Play Grounds, Chaderghat, Hyderabad at 8.00 A.M. Sri B. Chakravarthy,
Assistant Commissioner of Police, Sultan Bazar, Hyderabad, Sri Purshotamdas Mandhana,
Chairman, Sri Ramesh Kumar Bung, Chairman-Emeritus and Sri Rampal Attal, Vice Chairman have
inaugurated the event by lighting the lamp and distributing sports shirts and caps to the participants.
All the contestants have taken part in the event fervently.
Sri Purshotamdas Mandhana, while speaking on the occasion said that the Bank has been
encouraging various sports and games and other cultural activities to instil enthusiasm among the
employees and their children for the past few years. He pronounced that sports and games play an
important role in the development of human personality. All the sports and games and cultural
activities certainly benefit both mind and body. They create cheerfulness, discipline, fellowship,
confidence and physical fitness.
Sri Ramesh Kumar Bung stated that games and sports are essential for the all round development of a
personality. It is by playing games and sports that we can develop and maintain our health. Games
keep our body alert, active, youthful and energetic. In activities involving games and sports, bloodcirculation increases and there is an increased supply of oxygen. Only a healthy person can work long,
hard and cheerfully. An unhealthy person may not take as much interest in work as a healthy one.
Health can be maintained by exercise alone.
Sri Rampal Attal asserted that games and sports have some additional benefits as they are played in
groups and in healthy competitive spirit. Among many other things, they help develop co-operation,
quality of leadership, team spirit and a willingness to submit to, and further, the rule of law. Games instil
in the players the spirit of self-reliance, justice, fair play and sporting spirit.
Sri Chakravarty stated that sports and games make people bold, adventurous, social, disciplined and
more conscious of their responsibilities towards society and nation. Players have been found better
equipped to fight superstitions, communalism, obscurantism and narrow approach to issues of
national interest. He wished all the best for the players who are participating in the various games.
After the inaugural function, various games like Cricket, Musical Chairs, Lemon and Spoon, Sack
Race and others continued till evening. Competitions in music were conducted in Staff Training
College earlier.
CIBIL TO PROVIDE ONE FREE
CREDIT REPORT A YEAR: RBI GOVERNOR
Credit Information Bureau of India (CIBIL) will start providing individuals with one free credit report a year,
Reserve Bank Chief Raghuram Rajan said on 18th July, 2016. The credit report is used by financial institutions to
check the credit worthiness of an individual before dispensing a loan. Individuals have to currently pay around Rs
500 to CIBIL to get their credit report. CIBIL, which was founded in 2000, is among the leading providers of credit
reports on individuals.
"By the end of the year, the Credit Information Bureau of India will start providing individuals with one free credit
report a year, so that they can check their credit rating and petition if they see possible discrepancies," Dr Rajan
said at a seminar on 'Transforming Rural India through Financial Inclusion'. "When an individual knows that a
default will spoil their credit rating and cut off future access to credit, they have strong incentives to make timely
payments," Dr Rajan said.
The RBI chief also said that credit information bureaus have helped tremendously in solving both the information
problem in retail credit. Dr Rajan said that there is a need to expand the reach of credit bureaus in rural areas by
bringing borrowing under self-help groups into their ambit.
“When you make peace with the fact that life is okay just the way it is, you free yourself from a great deal of frustration” - Ramesh Kumar Bung.
59
NON-FUND BASED CREDIT – LETTERS OF CREDIT
Besides issuing Bank Guarantees, banks also
provide an LC facility which is another important
segment of non-fund based business. Letters of
Credit issued by banks facilitate trade between two
parties, whether at domestic or international level.
Banks play an important role as an intermediary
between two trading parties situated in two distant
places. For example, assume that an importer in
Finland wants to import a special variety of textile
manufactured by an enterprise in India. The
Indian manufacturer wants to export the
merchandise at an agreed rate but is worried
whether the importer will make payment after
taking delivery of the consignment. Similarly, the
importer in Finland is also worried whether the
manufacturer will maintain the quality of the
product and whether the consignments will be
shipped as per the required schedule. In these
circumstances, settlement of trade becomes much
easier if a mutually acceptable third party
guarantees the payment to the manufacturer
(exporter) as well as delivery of the merchandise to
the buyer (importer).
The role of a bank as an intermediary and a
guarantor considerably enhances the level of
comfort required for trading for both the parties.
The manufacturer/seller ships the consignment
and hands over a set of documents to the bank
evidencing shipment of goods. The bank
scrutinises and sends these documents to another
bank at the importer's place with an instruction
that the documents be handed over to the
importer either (i) against payment or (ii) against a
legally enforceable promise to pay at a later date.
The bank then passes on the payment received in
this manner to the exporter after deducting a
commission or service charges. This is the system
of documentary collection. The former system is
known as delivery of documents against payment
(D/P). Similarly, the latter is known as the system of
delivery against acceptance (D/A).
The system of documentary collection has some
inherent drawbacks. The buyer may not take
delivery of the goods or may default in making
payments. Here, the seller faces a difficult
proposition of dealing with the goods in a foreign
country. If the buyer does not pay or goes
insolvent, the seller might have to enter into
60
litigation in a foreign country for recovering his
dues. The transactions involved in documentary
collection pose different types of risk both for the
buyer and seller although the documents are
routed through a bank. A need for more
streamlined system involving the bank as an
intermediate was therefore felt by the trading
world. This led to the evolution of 'Documentary
Credit' or 'Letter of credit' system. In this system,
the seller is given a guarantee of payment by the
bank, provided the goods conform to the quality
standards and other stipulations made by the
buyer. The various elements of risk assumed by the
two trading parties are mitigated to large extent by
virtue of a guarantee extended by the buyer's bank
to the seller.
A Letter of Credit is an undertaking issued by a
bank on behalf of the buyer to the seller, to pay for
the goods and services, provided that the seller
presents documents which comply with the terms
and conditions stipulated in the letters of credit.
Article 2 of the Uniform Customs and Practices for
Documentary Credits (UCPDC), 2007 Revision,
ICC Brochure No: 600 defines a Documentary
Credit. In International trade, when a letter of
credit is issued, the buyer is the importer of goods
and the seller is the exporter. It is necessary that the
terms of the LC comply with relevant exchange
regulations prevalent in the respective countries. In
India, The Foreign Exchange Management Act
(FEMA) and the Exchange Control Manual
prescribe the terms and conditions in this regard.
Besides, the transactions relating to foreign LCs
are also governed by the rules framed by FEDAI
(Foreign Exchange Dealers Association of India).
The modalities for issuing documentary credits are
also subject to the provisions of UCPDC framed by
International Chamber of Commerce (ICC).
A transaction in LC may involve several parties at
different stages i.e., from the issue of LC till making
payment of the bills to the seller as promised in the
LC: (1) Applicant: The buyer finalises the terms
and conditions of a purchase transaction and
submits a request to his bank for issuing an LC in
favour of the seller. (2) Beneficiary: The
beneficiary of the LC is the person in whose favour
the credit has been issued. Generally, the credit is
issued favouring the seller of the goods and
“If you fail, be sure it is a result of dreaming too big, not thinking too small” - Ramesh Kumar Bung.
services. (3) Opening Bank: On receipt of
request from its customer, the applicant's
(purchaser's) bank examines the proposal and
opens an LC in favour of the beneficiary with the
stipulated terms and conditions. This bank is
known as the issuing/opening bank. (4) Advising
Bank: In case the seller (beneficiary) resides at a
distant place or in a foreign country, the issuing
bank may contact some other bank in the
beneficiary's country. The identified bank in the
beneficiary's country may agree to advise the
credit to the beneficiary and thus plays the role of
an advising bank. The issuing bank may have its
own branch in that foreign country or may arrange
with a correspondent bank operating in the foreign
countr y for rendering the advisor y and
authentication services. (5) Confirming Bank:
Though the advising bank may advise the
authenticity of the credit to the beneficiary, the
latter may desire to have an additional
confirmation from a bank in his own country
which provides its own independent undertaking
for making payment in addition to that of the
issuing bank. The beneficiary may stipulate the
need for additional confirmation, if he feels that
there is a political risk in dealing with the country in
which the issuing bank is situated. Further, the
confirmation protects the beneficiary against
failure or default of the issuing bank in meeting the
promises made in the LC. (6) Nominated /
Negotiating Bank: The issuing bank may
nominate another bank in the beneficiary's
country to which the beneficiary presents its
documents and from which it obtains payment of
the sum against the LC. The role of a nominated /
negotiating bank may be played by an issuing
bank, an advising bank or another bank
depending on the terms of the documentary credit.
In a freely negotiable credit, any bank is a
nominated bank. (7) Reimbursing Bank: The
issuing bank of the LC may arrange with another
bank which may reimburse the amount under the
LC to the bank that has made a payment to the
beneficiary. Such banks are known as reimbursing
banks.
In an LC transaction, there are many parties
involved, spread over different geographical
regions and countries. These parties function
under different legal systems and jurisdictions and
settlement of any dispute arising out of any terms
and conditions of the LC through normal legal
channels may become a complicated process, if
not impossible. It was against this backdrop that
codification and publication of a common set of
rules applicable to documentary credits were done
at the behest of the ICC (Paris). The latest revision
has been carried out in 2007 (ICC Publication No.
600) which has come into effect from July 1, 2007.
The document is known as the Uniform Customs
and Practices of Documentary Credit.
[To be continued]
K.K. Rathi
Head Office
GREATEST QUOTES OF
DR. APJ ABDUL KALAM
01. “Failure will never overtake me
if my determination to succeed
is strong enough”
02. “Don't take rest after your first
victory because if you fail in
second, more lips are waiting to
say that your first victory was
just luck.”
03. “Man needs difficulties in life because they are
necessary to enjoy the success.”
04. “If you want to shine like a sun. First burn like a
sun.”
05. “Be more dedicated to making solid achievements
than in running after swift but synthetic happiness”.
06. “For me, there are two types of people: the young
and the experienced.”
07. “You have to dream before your dreams can come
true.”
08. “Climbing to the top demands strength, whether it is
to the top of Mount Everest or to the top of your
career. “
09. “Let us sacrifice our today so that our children can
have a better tomorrow.”
10. “Look at the sky. We are not alone. The whole
universe is friendly to us and conspires only to give
the best to those who dream and work”.
A.P. J. Abdul Kalam's 1st Anniversary – 27.07.2016
It is the hour of trial that makes me great, not the hour of triumph” - Ramesh Kumar Bung.
61
EVERY PROBLEM LEADS TO ONE OF TWO CHOICES
Some say life is a struggle. If it is, every problem we
face leads us to one of two choices. Either we
choose to be victorious or we choose to be a victim.
Either we choose to be responsible for the life we
create or we shirk our responsibility by blaming
others for our failures and unhappiness.
Those who choose to be victorious don't find life to
be a struggle. They find it to be exhilarating. They
don't encounter PROBLEMS; they merely face
THINGS THEY WISH TO CHANGE. When they
find something blocking their way, they look for a
way to get around it or to overcome it. In a word,
they look for, and find, solutions. On the other
hand, those who choose to be victims are experts at
looking for excuses. They almost delight in finding
others to blame for their self-inflicted misery. Let's
take a look at two real-life examples.
Mr. Sagar is in his fifties and claims he wishes to
recover from a long string of failures. To this end, he
enrolled in a college course to update his skills. One
day, when the instructor was writing on the
blackboard, he shouted from the back of the room,
"Write larger! I can't read what you're writing." Mr.
Sagar was miffed when the instructor ignored his
pleas. A few weeks later, he complained to his
classmates, "I'm afraid I'll have to drop out of this
course. I have bad eyes and our teacher writes too
small. How can I take notes and learn the material?
Our instructor doesn't seem to care about my
'disability'.”
“Why don't you come to class early so you can get a
seat in the front of the room?" suggested a
classmate. "Because the bus in my area runs only
once an hour, if I took the earlier bus, I would arrive
much too early." replied Sagar. "Get a pair of
glasses" another classmate advised. "I have a pair,"
said Sagar, "but they are not very helpful."
Exasperated, another classmate asked, "Well then,
why don't you get a pair of opera glasses?" Sagar
had an answer for that too: "I can't afford opera
glasses. I can barely afford to pay the bus fare to get
here.”
Mr. Sagar had an answer for every question.
Although he could never find solutions for
whatever was troubling him, he was proficient in
finding excuses for his inaction. He was convinced
he had certain 'disabilities' that warranted special
treatment. The World should conform to his
62
'special needs,' he reasoned. Mr. Santosh is an
entirely different breed. Born with stumps in the
place of arms and legs, he believed it was his
responsibility to adapt to the world rather than
demanding the world change for him. The
challenges that Mr. Santosh has to face make Mr.
Sagar's pleas for special treatment embarrassing at
best and laughable at worse.
Despite the enormous obstacles facing Santosh, his
lack of arms and legs did not prevent him from
learning how to write and type. Neither did it
prevent him from becoming a defensive lineman
on a football team, a university student, and the top
wrestler in the state where he born. Mr. Santosh
Kyle realizes that making excuses holds us back
while assuming responsibility moves us forward.
He understands that responsibility is empowering,
and the more of it we take on, the more we will be,
do, and have what we want.
Problems, difficulties, challenges, or whatever we
choose to call them, shouldn't stop our progress.
Rather, they should cause us to ask the following
three questions.
1. What do I want from life now?
2. What is
preventing me from getting what I want? 3. What
am I going to do about it?
The answer to the first question introduces
purpose, direction, and meaning to our lives, for
when we know what we want to be, do and have,
we have goals to achieve, mountains to climb, and
a reason for being. The answer to the second
question is the first step in finding a solution. After
all, we cannot solve a problem until we admit that
we have one.
The answer to the final question comes in the form
of steps we can take to defeat our difficulty. It is a
road map, an action plan that, as long as we follow
it, will take us where we wish to go.
Those who choose to be victims can usually answer
the first question because even they know what
they want most of the time. However, they blind
themselves to the truth when it comes to the second
question. For instead of looking for solutions, they
doggedly search for excuses. They blame anything
or anyone else for their problems. They refuse to
get involved in finding a solution because they are,
after all, victims. Their answer to the question,
“Substitute ‘I can’ with ‘I will try’ and just watch what happens” - Ramesh Kumar Bung.
"What am I going to do about it?" is "I am going to
do nothing. I'm going to stay put. Even though I'm
unhappy where I am, I'm not going to change. I
prefer to have the World change, and I refuse to do
anything until it does." If there is something in your
life that you wish to change, but are finding it
difficult to do so, you may find it helpful to
understand the five steps of change.
In the first step of making a change, we will feel
AMBIVALENT. That is, we will both want to and
not want to change at the same time. That is
perfectly natural. You see, although we WANT TO
improve our lives, we DON'T WANT TO
experience the immediate, though temporary,
discomfort that usually accompanies making a
change. So, when you find yourself hesitant, don't
get discouraged. Rather, understand the cause of
your hesitancy, focus on the benefits that change
will bring, and force yourself to take the right steps.
You begin the second step of change when you
answer the third question (What am I going to do
about it?). For the second step of change is one of
preparation. In this stage you outline the steps you
need to take to get you where you want to go.
The third step is implementation. That is, you carry
out your plan by taking the necessary steps.
The fourth step is broadly called maintenance. You
check your progress and make corrections when
needed. Reworded, you make sure you stay on
course and are headed for your target.
The fifth step or stage of change isn't experienced
by everyone, but is important to understand. It is
the step called relapse. You may suddenly find that,
despite your initial progress, you have slipped back
to your previous state. Like step one, relapse is a
natural event. It is to be expected. Although not
everyone
experiences it, many people, if not most, do. So
when it happens, just pick yourself up, brush
yourself off, and say, "I'm not going to get
discouraged and give up now! I refuse to choose to
be a victim! I choose to be victorious, so I'm getting
back to the program of change and regaining
control over my life!”
THE RICH OWE INDIAN BANKS
MORE THAN $11 BILLION BUT
REFUSE TO PAY UP
Indian banks are in trouble, and the troublemakers refuse to toe the line. Up to 8,167
borrowers—despite their ability to repay—have
defaulted on Rs76,685 crore ($11.4 billion) of
loans taken from public sector banks in Asia's
third-largest economy. Answering a query in the
Rajya Sabha on July 19, India's finance minister
Arun Jaitley said cases have been filed against
1,724 such entities, called wilful defaulters.
A wilful defaulter is one who fails to repay the
lender despite being able to, or uses the funds
meant for repayment for other activities. The bad
news is that this may just be a fraction of such
defaults. Bad loans are a sticky issue among
Indian banks staring at huge losses due to these
toxic assets. An estimated Rs13 lakh crore in bad
loans have bogged down the banking system
itself, prompting everyone—from the Reserve
Bank of India (RBI) to the government—to firefight.
RBI governor Raghuram Rajan had directed
banks to make provisions to cover such loans by
March 2017. This has resulted in a massive
erosion of profits of many big lenders. Rajan has
said that the RBI will soon make the list of wilful
defaulters public. The government, on the other
hand, announced on July 19, that it will infuse
Rs22,915 crore as equity in public sector banks in
an effort to strengthen their weak balance sheets.
Team work means more we and
less me.
Umesh Chand Asawa
T. Gangadhar Rao
HEAD OFFICE
“People who never make mistakes are those who do nothing” - Ramesh Kumar Bung.
63
TEJAS AIRCRAFT INDUCTED
IN INDIAN AIR FORCE:
The dream of the Indian Air Force to have a squadron
of the indigenous Tejas Light Combat Aircraft is
realized on 1st July, 2016, after years of delay. Two
aircrafts are ready to be inducted into the IAF
squadron, known as the 'Flying Daggers 45' at a
ceremony in Bengaluru.
For the first two years, the squadron will be based in
Bengaluru, after which it will move to Sulur in Tamil
Nadu.
The IAF has said that the aircraft will feature quite
prominently in the force's combat plan next year and it
might be deployed in forward bases as well. There are
also plans to acquire over 80 aircraft with better
specifications, known as Tejas 1A in the future.
Facts about the Tejas LCA
Ÿ It was in 1984 that the government of India first
moved decisively to kick-start the process to build
an indigenous aircraft. Aeronautical Development
Agency (ADA) was set up by the government to
develop the programme.
Ÿ In 1986, Rs 575 crores were allocated by the then
government towards funding the programme.
Ÿ On January 4th, 2001, the light combat aircraft
made its first flight, a milestone in the Indian
aviation industry. Then Prime Minister Atal Behari
Vajpayee named the aircraft 'Tejas' - which means
'radiance' in Sanskrit.
Ÿ The induction of Tejas comes at an important time
when the IAF has wanted to desperately replace it
with the ageing fleet of MiG-21, responsible for so
many crashes.
Ÿ The aircraft is equipped to handle air-to-air
missiles, air-to-surface missiles, anti-ship missiles,
bombs and rockets.
Ÿ The aircraft's structure is composed of 42% carbon
fibre composites, 43% aluminium alloy and the
remainder titanium alloy.
Ÿ The aircraft is being developed in single-seat
fighter and twin-seat trainer variants for the IAF
and the Navy.
Ÿ Earlier this year, the aircraft participated in its first
foreign show at the Bahrain International Air
Show 2016 where aircraft enthusiasts compared it
to Pakistan's JF-17 Thunder that was produced
with the help of China.
Ÿ It is considered to be the lightest multi-role
supersonic aircraft of its class.
Ÿ The aircraft can travel at a maximum speed of
2,205 km/hr for FOC version and 2,000 km/hr for
IOC version.
64
FACTS ABOUT
01. Go to Google homepage and type the words, ‘I
want to commit suicide’. In its search results,
Google provides the suicide helpline number of
your country.
02. Go to Google Maps, and click on the satellite view
and zoom out as much as possible. You can see an
amazing view of earth with real time shadows. You
can also see clouds if you zoom it twice.
03. Google has a pet T-rex, named Stan, which lives at
their California headquarters. Founders bought it
to remind the employees to not to let Google go
extinct.
04. Go to Google Mars. You can see a map of Mars.
05. Google rents goats from California Grazing to
mow their lawns and fields. The employees think
that it is a lot cuter to watch goats do the mowing
than lawn mowers.
06. Google is a wedding planner. Yes, it is right. Plan
your special day with Google Wedding.
07. Google Sky Maps allow you to view stars,
constellations, galaxies and planets. Check out
www.google.com/sky.
08. The prime reason the Google homepage is so bare
is due to the fact that the founders did not know
HTML and just wanted a quick interface. In fact, it
was noted that the submit button was a long time
coming and hitting the RETURN key was the only
way to burst Google into life.
09. Orkut is very popular in Brazil. Orkut was the
brainchild of a very intelligent Google engineer
who was pretty much given free reign to run with it,
without having to go through the normal Google
UI procedures, hence the reason it does not look or
feel like a Google application.
10. Google has the largest network of translators in the
world.
11. The name Google was an accident. A spelling
mistake made by the original founders who
thought they were going for ‘Googol’.
12. Employees are encouraged to use 20% of their
time working on their own projects. Google News,
Orkut are both examples of projects that grew from
this working model.
13. A Google employee is named as a ‘Googler’ and a
new employee is given the name of ‘Noogler’.
14. On 2007’s April fool’s day, the employees of the
Google New York office actually found a real snake
in the middle of a prank. Celebrating April fool’s
Day at Google is a tradition. Google is known to
play practical pranks that have left people around
the world spellbound on many occasions.
Collected by –
S. Vivek HO: P&D.
“Nature has placed nothing so high than man cannot reach it with true dedication” - Ramesh Kumar Bung.
RBI PENALISES 22 BANKS
FOR VIOLATING KYC NORMS,
SBI FINED RS 3 CRORE
The Reserve Bank of India imposed penalties on 22
banks for violating rules for customer identification
and anti-money laundering, ranging from Rs 50 lakh
to around Rs 3 crore, it said on 25.07.2016. RBI has
imposed a total fine of Rs 49.5 crore, including SBI,
PNB, Yes Bank, Kotak Mahindra, Canara Bank and
Bank of India, while it has issued cautionary letters to
Citibank, Stanchart, RBS, BNP Paribas, Tokyo
Mitsubishi, Barclays and State Bank of Patiala.
SBI was fined Rs 3 crore by the central bank,
according to an RBI release. Among private sector
lenders, RBI found violations of regulatory
instructions (in terms of KYC and ALM) in Yes Bank
(fined Rs 2 crore), Kotak Mahindra Bank (Rs 1.5
crore), ING Vysya Bank (Rs 1.50), Federal Bank (Rs 3
crore), Development Credit Bank or DCB (Rs 1 crore),
Dhanlaxmi Bank (Rs 2 crore), Lakshmi Vilas Bank (Rs
2.50 crore) and Jammu & Kashmir Bank (Rs 2.5.)
South-based public sector lenders including Canara
Bank , Andhra Bank and Vijaya Bank will have to shell
out to the tune Rs 3 crore, Rs 2.5 crore and Rs 2 crore
respectively. North-based Punjab National Bank and
Punjab & Sind Bank have to pay a fine of Rs 2.50
crore each. Oriental Bank of Commerce (OBC) will
pay a sum of 2 crore. Kolkata-based United Bank of
India UBI is also to pay Rs 2.50 crore.
Deutsche Bank AG is the only foreign lender to have
appeared in the list of 22 banks. It will have to share Rs
1 crore with the central bank as fine. The RBI had
carried out a study of books of accounts and
compliance systems of banks in April 2013 which
revealed many didn't adhere to know-your-customer
rules, including those related to cash transactions, sale
of gold coins and import of gold coins on consignment
basis.
The RBI also issued cautionary letters to seven other
banks without imposing any monetary penalty after it
was satisfied with their written or oral submissions.
The penalties have been imposed in exercise of
powers vested in the Reserve Bank under the
provisions of Section 47(A)(1)( c ) read with Section
46(4)(i) of the Banking Regulation Act, 1949.
INTERESTING FACTS ABOUT
NALANDA UNIVERSITY
The ancient city of Nalanda city was, historically,
home to the most ancient university as well. This
week, this little piece of Indian history was finally
declared a 'UNESCO World Heritage Site'. The
decision was taken at the UNESCO World Heritage
Committee's 40th session, currently ongoing at
Istanbul, Turkey.
Nalanda was founded by Buddhist monks in the 5th
century AD during the reign of the Gupta dynasty, and
is a famous Buddhist and Jain pilgrimage city too. The
name 'Nalanda' originated from a combination of 3
Sanskrit words: “Na”, “Alam” and “Daa”, which
means 'no stopping of the gift of knowledge'. It was the
biggest Indian residential university and was known to
possess a prestigious treasury of Buddhist knowledge.
Nalanda University, in modern day Bihar, is certainly
India's pride and joy and we couldn't be happier that it
is now in UNESCO Heritage Site list.
Nalanda University was the first International
University. It was built under the patronage of the
Gupta Empire in the 5th century AD and remained
the best centre for learning for over 800 years with
around 10,000 students. In fact, 2,000 teachers came
from all over the world such as Korea, Japan, China,
Tibet, Indonesia, Persia and Turkey.
It was founded by the Buddhist monks with the basic
purpose of creating a place fit for meditation. The
highly formalised methods of Vedic learning helped
inspire the establishment to create large teaching
institutions such as Nalanda, as well as Taxila and
Vikramashila.
The great library of the Nalanda University was called
as Dharma Gunj, which means the Mountain of Truth.
The library was said to house hundreds and
thousands of volumes of books. The library was
attacked several times in past and then later restored
by Harshavardhan, the Buddhist king. But the army
led by Turkish leader Bakhtiyar Khilji destroyed the
complex, massacring all the Buddhist monks in the
area. The famous song “O Mere Raja” from the film
'Johny Mera Nam' starring Dev Anand and Hema
Malini was shot at the ruins of Nalanda and the
Vishwa Shanti Stupa in Rajgir, Bihar.
Nalanda attracts a huge number of tourists every year.
It is well connected by road or rail. Rajgiri is the nearest
train station. However the frequency of trains is higher
at Patna and Gaya. The best time to visit Nalanda is
between October and March.
“The beauty of all things lies in your ability to appreciate them” - Ramesh Kumar Bung.
P. Raja Rao, Siddiamber Bazar Branch
65
IS SRI LANKA THE LANKA OF THE RAMAYANA?
The Ramayana is one of the two main itihasas –
historical epics – of India, along with the
Mahabharata. It describes the activities of Krsna’s
incarnation Lord Rama, including the kidnapping
of His consort Sita by Ravana, King of Lanka, and
the subsequent military campaign to release her.
Since a substantial amount of the history takes
place in Lanka the actual real identity of Lanka is
important to Vaisnavas and devotees of Lord
Rama in general. For hundreds, perhaps thousands
of years the island that is currently known as “Sri
Lanka” has traditionally been identified as the
“Lanka” of the Ramayana. But is this really the
case? Does the Ramayana support this tradition?
This short article explores other possibilities that are
consistent with the text of the Ramayana. Strict
followers of Krishna’s Vedic culture accept sabdha
brahma – knowledge revealed by God (the
Ramayana) – as the highest evidence, superior to
all others, including tradition.
What do the Sastras say About the Real Lanka?
Until 1972 “Sri Lanka” was called Ceylon, which is
derived from Tamil Ceralamdivu, Sanskrit
Simhaladvipa and Persian Sarandip.
Simhala and Lanka : The majority population of
what is now known as “Sri Lanka” are called the
Sinhalese people after an old name for the island
“Simhala.” This name is attested in the SrimadBhagavatam 5.19.29-30. In the opinion of some
learned scholars, eight smaller islands surround
Jambudvipa. When the sons of Maharaja Sagara
were searching all over the world
for their lost horse, they dug up the
earth, and in this way eight
adjoining islands came into
existence. The names of these
i s l a n d s a re S v a r n a p r a s t h a ,
Candrasukla, Avartana,
Ramanaka, Mandara-harina,
Pañcajanya, Simhala and Lanka.
However Simhala cannot be
Lanka because “Lanka” is listed as
the name of a separate and
different island.
Distance: “Ceylon – Sri Lanka” is less than 100 km
(62 miles) from India whereas in the Valmiki
Ramayana it specifically says that the real Lanka
was a distance 100 yojanas across the ocean. “On a
well-known island in the sea, situated at a distance
66
of full one hundred yojanas from this shore, lies the
lovely city of Lanka, constructed by Viswakarma,
(the architect of gods), abounding in wonderful
gates of Jambunada (gold found on the banks of
the Jammu river) and stately mansions of golden
hue with terraces of gold and enclosed by a massive
fortification wall bright as the sun.” Valmiki
Ramayana Kiskindhakanda 58.20. 1 yojana =
approximately 12.87 km (8 miles), 100 yojanas =
1287 km (800 miles)
Thus, Lanka was at least 1287 km off shore. This
distance of 100 yojanas is mentioned many times
in the Ramayana as the distance a person would
have to cross to get to Lanka. Not only was the
bridge 100 yojanas long in order to reach Lanka,
b u t a c c o r d i n g t o Va l m i k i R a m a y a n a
Yuddhakandha 22.76 it was also 10 yojanas wide
(80 miles – 129 km). Thus just the width of the
bridge was more than the current distance from
India to Ceylon, modern “Sri Lanka.”
And, Lanka was about 500 km to the west of
Ceylon. Why? Because in the Surya Siddhanta the
prime meridian is the one going through Avanti
(Ujjain). And, it explicitly states that the prime
meridian went through both Avanti and through
“the haunt of the rakshasa”, that is, Lanka, the
kingdom of the king of the rakshasas, Ravana, as
well as other places.
“Situated upon the line which passes through the
haunt of the demons (rakshasa) and the mountain
which is the seat of the gods, are Rohitaka and
Avanti, as also the adjacent lake.” Suryasiddhanta
(1.62.3). And, in the Siddhantas “Lanka” is taken
to be the place with no longitude and latitude.4 No
longitude is because it is the prime meridian and no
latitude is because Lanka is on the equator,
whereas Ceylon is about 7 degrees north of the
equator.
“This world is a school wherein every individual is an unconscious teacher” - Ramesh Kumar Bung.
Ice Ages and Changing Sea Level: Now it is time to
take in another piece of evidence regarding the
variations in sea level caused by ice ages. Scientists
have discovered that there have been several major
ice ages in the distant past. During an “ice age”
large areas of the land surface (30% in the last
glaciation) get covered with massive sheets of ice 3
km thick. The water for this ice comes largely from
the oceans causing a drop in the sea level. It is
estimated that the maximum drop in the sea level
during the last glaciation was about 130m. In other
glaciations the drop in sea level is not known, it
could be more or less.
The current ice age that we are in is the Quaternary
glaciation, also known as the Pleistocene
glaciation, and refers to a series of glacial events
separated by interglacial events during the
Quaternary period from 2.58 million years ago to
present. We are now in an “interglacial period”
meaning a warm period in the ice age. Ice ages are
a series of long periods (40,000 – 100,000 years) of
glacier formation followed by a short period of
thawing then another long period of glacier
formation.
We note that 20,000 years ago the sea level was
about 130 meters lower than it is today. Though
20,000 years is a long time the events in the
Ramayana took place at the end of the last Treta
yuga about 900,000 years ago. Since historically
there have been rising and falling of the sea level.
And currently there is concern that the sea level will
rise even more because of global warming,
flooding low-lying areas. It is therefore not
unreasonable to infer that such cyclic rising and
falling of the sea level also took place in the distant
past as a natural phenomenon, like the changes in
the seasons that also took place in the past.
Because as Krishna explains in Bhagavad-gita 8.4
“Physical nature is known to be endlessly
mutable.” Hence it is not unreasonable to infer that
the sea level would also be subjected to periods of
rising and falling throughout the history of the
material creation including the time during and
after the Ramayana.
Objections: How can you say that “Sri Lanka” is
not the Lanka of the Ramayana when there are so
many temples and pilgrimage sites in “Sri Lanka”
and in India near Rameshwaram where the
pastimes mentioned in the Ramayana took place
“Welcome change for the opportunity it often brings” - Ramesh Kumar Bung.
and that are visited by millions of pilgrims yearly.
Surely they all can’t be wrong. If a few hundred
years so much confusion arose in regards to Lord
Caitanya’s actual place of birth, what to speak then
of what confusion can happen in the interval since
the end of the last Treta Yuga more than 900,000
years ago.
Another point is that Ceylon was then part of the
mainland and Lord Rama would certainly have
traversed that area as well as other parts of extreme
South India, so they indeed are connected to the
Rama lila depicted in the Ramayana but that does
not mean that “Sri Lanka” is the Lanka of the
Ramayana. In conclusion, modern “Sri Lanka” is
not the Lanka of the Ramayana on the following
basis. Ceylon was only recently named “Sri Lanka”
in 1972. One ancient name for the island is
Simhala, and even today the people of the island
call themselves and their language as Singalese in
reference to that name, yet texts like Srimad
Bhagavatam name Simhala and Lanka as two
different islands. “Sri Lanka” is less than 100 km
f r o m I n d i a b u t t h e Va l m i k i R a m a y a n a
unequivocally states that Lanka was 100 yojanas
(1287 km) across the sea. And, according to the
Suryasiddhanta the real Lanka was located on the
prime meridian passing through Avanti (Ujjain) as
well as straddling the equator, whereas “Sri Lanka”
is about 500 km to the east of the prime meridian
and 7 degrees (430 km) north of the equator. And,
that in the vicinity of the intersection of the prime
meridian of Avanti and the equator where Lanka is
supposed to be located is a chain of undersea
mountains that currently form the Maldives Islands.
However, during glaciation periods in the distant
past the sea level dropped by at least 130 meters
bringing the undersea mountains above the
surface of the water and equally important making
Ceylon part of the Indian land mass and no longer
an island. (Additionally aside from rising seas the
original Lanka could also have been destroyed in a
massive volcanic eruption and sunk into the sea
like Krakatoa.) Hence, considering the above
points and that the statements of the Ramayana are
considered to be the highest evidence to followers
of Vedic culture therefore “Sri Lanka” is not the
Lanka of the Valmiki Ramayana.
Rampal Attal
Vice-Chairman
67
CCOORRNNEERR
'But it is a desert, isn't it?' Sunku: 'Before I cut
the trees, the desert was a forest only'.
01. While watching a movie, Sunku left his seat,
went out and came with a pop corn packet
and handed it over to his wife. His wife
thanked him and said: 'How much you love
me, you brought this, take some corns from
this pack'. Sunku: 'Not needed, I can watch
movie without speaking'.
02. Wife shouted: 'Darling, it seems some thief
entered our kitchen and ate all the Biryani I
cooked. Make a call at once'. Sunku asked:
'Where should I call? To the police station or to
the hospital?'
03. Nurse: 'Sir, Medical College people have
telephoned; they need a dead body urgently'.
Dr. Sunku: 'No problem, make ready the
patient of bed no: 12 for surgery'.
04. Peon: 'Sir, today after noon our clerk was
sleeping on the table itself and he was found
snoring also'. Manager Sunku: 'Idiot, you
should have reported the same to me there
and then; I would have dismissed that clerk'.
Peon: 'Sir, I came to report immediately but
you were in sound sleep in your cabin'.
05. 'Yesterday my child gulped a one rupee coin'.
Neighbour: 'O, my God, did you take the child
to hospital?' Reply: 'I took him; the doctor
Sunku also gulped 300 Rupees'.
06. Vanaja: 'Your husband Sunku used to get up
only after 9.00 AM daily earlier; now a days,
he is getting up promptly at 6.00 AM. What is
the matter? Wife: 'Very simple; I am keeping
dog biscuits under the pillow of Sunku daily
before he sleeps; I release the chain of our
Tommy in the morning at 5.45 AM. The
remaining matter is looked after by our dog
only'.
07. Sunku: 'You advertised for felling the trees; I
can do it'. Gopal: 'It is not possible for you; the
trees are spread in an area of 2 acres; all are to
be uprooted along with roots'. Sunku: 'I will
do it in two days'. Gopal: 'Do have any
experience in felling trees?' Sunku: 'It was me
who cut the trees in Sahara Forest'. Gopal:
68
08. Teacher: 'In which war Mourya Emperor
died?' Sunku: 'In the last war he fought'.
09. A lady: 'Dear Artist, you have to paint my
picture; remember – one – the picture should
be very beautiful; two – it should be similar to
me only'. Artist Sunku: 'It is not possible;
choose only one option'.
10. Wife: 'You don't recognise my good work;
yesterday night I stitched your pocket of your
trouser which was torn; you did not even
thank me'. Sunku: 'How did you come to
know that my pocket was torn?'
11. Sub Inspector: 'Did you trace out the thief?'
Constable Sunku: 'No Sir, but I collected the
prints of his hand'. S.I.: 'Where are they?'
Sunku: 'They are on my cheek'.
12. Teacher: 'When the English came into our
country and left?' Sunku: They entered in
15th page and left in 27th page in the history
book'.
13. The gentleman who was serving food in a
marriage party: 'You already ate food in the
previous batch; again why did you come to
eat in this row?' Sunku: 'As you have good
memory, I too have very good digestion
power; serve fast'.
14. Wife: 'You promised to stop drinks from
today; again you came drunk, why?' Sunku: 'I
followed your words; you used to say that we
should not lose any offer given; the new wine
shop fellow offered 50% discount today on all
brands'.
15. Doctor: 'I came to know the reason for your
husband's ill-health; use these sleeping pills
thrice a day'. Sunku's Wife: 'When to give
these to him?' Doctor: 'Sleeping pills are for
you, not to your husband'.
16. Co-traveller: 'What is this? It has started
raining; but you have removed your cap and
kept it in your pocket; why?' Sunku: 'I have
bald head. It dries within two minutes; the wet
cap takes a long time to dry'.
17. Teacher: 'What is the difference between
“The foundation of any great company is rooted in service” - Ramesh Kumar Bung.
lightening and electricity?' Sunku: 'You need
not make payment of bill for lightening'.
18. Gopal: 'My dog is very clever; when I ask her
bring eggs, it goes to the shop and fetches
them'. Sharma: 'Is it that much? My dog brings
all the required provisions to my house every
month'. Gopal: 'What? Is it not possible to
your dog?' Sunku: 'All your dogs are going to
my shop which is run by our dog'.
19. Son: 'It is a grave mistake to look into
neighbour's house climbing on a ladder laid
on to their compound wall; is it not mummy,
what should be done?' Mother: 'Yes; you
should have pulled down the ladder at once'.
Son: 'I did so; father Sunku fell on the ground;
take him inside'.
20. First Beggar: 'Your new son-in-law has not
come towards this temple for begging so far;
what is the reason?' Second Beggar: 'My sonin-law is an atheist; he will not beg at the
temples'.
21. Temple Priest: 'Tomorrow you all come after
reading the 22nd chapter of Bhagavad-Gita; I
will be explaining the meanings of it'. All the
devotees: 'Yes, sir'. Next day the priest asked
all: 'All of you have read?' All kept quiet.
Sunku said: 'Yes, I have read'. Priest: 'Gita has
only 18 Chapters; how did you read?'
'Mad lady, that is only a dream'. Wife: 'I
shouted because of the reason that is a
dream'.
26. Sunku was removing one wheel from his
auto. His friend asked him: 'why are you
doing so?' Sunku: 'Did you not read the
board? It is a parking place only for two
wheelers'.
27. Judge: 'Don't you know it is a crime? Why did
you marry three women?' Sunku: 'There is a
saying that behind every victory, there is a
woman; I would like to have three victories'.
28. Sunku's philosophy: 'If we sleep on flowers, it
is first night; if flowers sleep on us, it is out last
night'.
29. Judge: 'Are you doing thefts as a joint
venture?' Sunku: 'No'. Judge: 'Then why you
are also arrested?' Sunku: 'I suggested him
how to do theft'. Judge: 'How police came to
know that you have advised him?' Sunku: 'He
has the habit of writing diary'.
30. Wife: 'How is the curry?' Sunku: 'It is horrible'.
Wife: 'Same curry's photo was uploaded in
the facebook, and I got more than 1000 likes;
do you know?'
G. Nanda Kumar
HO: PAD
22. A TV Channel anchor: 'If you ride on a
donkey without wearing a helmet, will police
penalise you?' Sunku: 'No, You need not wear
a helmet on a four wheeler'.
23. Sunku: 'yesterday in the bar, there was a
competition that who would drink a bottle of
whisky very fast?' Wife: 'Is it so? Who got the
second prize?'
24. Sunku: 'My dear child, is your father there in
the house?' Boy: He is sleeping'. Sunku:
'Impertinent fellow, I just asked whether he is
there'. Boy: 'When I say he is there, you will
certainly ask what he is doing, isn't it?'
25. Wife cried loudly in the deep sleep. Sunku got
up at the loud sound and asked her the
reason. Wife: 'I dreamt that a strong,
handsome man was kidnapping me'. Sunku:
“The less you talk, the more you are listened to” – Ramesh Kumar Bung.
You do not need to leave your
room. Remain sitting at your table and
listen. Do not even listen, simply wait, be
quiet, still and solitary. The world will
freely offer itself to you to be unmarked,
it has no choice, it will rill in ecstasy at
your feet.
Franz Kafka
69
RD BURMAN
AND THE 1980s
Film music buffs who grew up in the early 1980s in
India would remember this as a time when melody
in Hindi films had started dying a slow death. Ever
since the original superstar Rajesh Khanna had
been overshadowed by the Bachchan, filmmakers
had no need for good music in their films. The
“angry young man” phenomenon left talented
music makers such as RD Burman in the woods.
Amitabh Bachchan was churning out blockbusters
with highly successful rivals, Manmohan Desai and
Prakash Mehra. Moreover, the advent of the Video
Cassette Recorder meant easy access to films,
mostly pirated ones. Quality gave way to quantity,
standards fell across all departments of filmmaking,
killing music further.
In the chapter titled 'Earthen Pots, Disco Dunce'
from their excellent book on RD Burman, authors
Aniruddha Bhattacharya and Balaji Vittal point out
two more factors that killed film music in the 1980s.
The first was remakes of South Indian films that
typically starred Jeetendra, Sridevi and Jaya
Prada, with Kader Khan and Shakti Kapoor
providing comic relief. The music turned
pedestrian; the choreography became, well,
energetic, with actors moving their limbs to music
vigorously; reminiscent of primary school students
doing PT. The other trend pointed out by the
authors, was disco music fever, with Bhappi Lahiri
and others providing tunes for the likes of Mithun
Chakravorty to dance on.
During these trying times, aesthetics took a hit.
Greats like SD Burman and Roshan had moved
on. The legendary Naushad and Salil Choudhary
were semi-retired. Khayyam worked with select
filmmakers. Kishore Kumar, staunch family friend
of the Burmans, was singing mediocre songs for
upcoming music directors. Kishore’s passing away
in 1987 was the last straw that broke RD Burman’s
back. In that depressing era, RD Burman managed
to turn out a plethora of tunes that were a cut above
the rest.
One is not discounting the wonderful work that
Burman continued to produce for close friends like
Gulzar, in films (think of the outstanding albums of
Libaas, Ijaazat, Namkeen, Masoom or Angoor), or
70
non-film albums such as Dil Padosi Hai - indeed
their partnership merits an entire book - but the odd
song from run-of-the-mill films that passed the
quality test.
RDB even helped launch the careers of three star
sons during this time - Sunny Deol (Betaab),
Sanjay Dutt (Rocky) and Kumar Gaurav (Love
Story). Yet, RD Burman was dissatisfied with his
work during this tumultuous decade. By all
accounts he was struggling to reconcile himself to
changing tastes of the audiences.
Here are some RDB songs that deserve a listen,
from that terrible decade when film music had
reached its lowest ebb in film history. These are not
classical or folk music-based tunes such as RDB’s
seminal album Amar Prem (1972), or soulful
melodies from films of the 1980s such as Ramesh
Sippy’s Saagar, Sunny Deol-starrers Sunny, Manzil
Manzil or from Harjaee, or Vidhu Vinod Chopra’s
Parinda, but more the foot-tapping variety; songs
that can be remixed for playing at discotheques,
which was apparently the kind of music audiences
preferred in the 1980s (or so filmmakers would
have us believe). These tunes, to my mind,
represent RD Burman’s struggle to stay relevant, to
rise above the mediocrity that had gripped the
Hindi film industry in the 1980s:
1. Roz roz aankhon tale (Jeeva, 1986) - Asha
Bhonsle and Amit Kumar - picturised on Sanjay
Dutt and Mandakini, in an action thriller.
2. Jab chaha yaara tumne (Zabardast, 1985)
- Kishore Kumar - Zabardast was the last film
directed by Nasir Hussain. The song was picturised
on Rajiv Kapoor, Rati Agnihotri, Jaya Prada and
Sunny Deol.
3. Ae saagar ki lehron (Samundar, 1985) Kishore Kumar, Lata Mangeshkar - Samundar was
directed by Rahul Rawail; the song featured Sunny
Deol and Poonam Dhillon.
4. Aisa sama na hota (Zameen Aasmaan,
1984 ) - Lata Mangeshkar - Zameen Aasmaan was
directed by Bharat Rangachary; the song was
picturised on Sanjay Dutt and Anita Raj.
5. Chaand koyi hoga tumsa kahaan (Inaam
“He who wants to do everything will never do anything” – Ramesh Kumar Bung.
Dus Hazaar, 1987) – Kishore Kumar - Inaam Dus
Hazaar was an action-comedy film, and starred
Sanjay Dutt and Meenakshi Seshadri.
6. Kahin na ja, aaj kahin mat ja (Bade Dil
Wala, 1983) - Lata Mangeshkar - Bade Dil Wala
was directed by Bhappi Sonie and starred Rishi
Kapoor and Tina Munim in lead roles.
7. Tu rootha to mai ro doongi sanam
(Jawaani, 1984) – Asha Bhosle - Neelam Kothari
and Karan Shah’s debut film had this sweet
number sung by Ashatai as only she can; her voice
matching the fresh-faced Neelam perfectly!
8. Dheere dheere, zara zara (Agar Tum Na
Hotey, 1983) – Asha Bhosle - Agar Tum Na Hote
was directed by Lekh Tandon. The film starred
Rajesh Khanna, Rekha and Raj Babbar.
9. Hum ko toh yaari se matlab hai (Andar
Baahar, 1984) - Shailendra Singh - Andar
Bahaar, directed by Raj N Sippy, was a fun caper
starring rivals Anil Kapoor and Jackie Shroff.
10. Ho jaye phir uss din ka jo wada hai (Dhan
Daulat, 1980) - Kishore Kumar, Asha Bhosle Dhan Daulat was directed by Harish Shah. It
starred Rishi Kapoor and Neetu Singh.
While the above list represented RDB’s struggle to
rise above mediocre films he was forced to
compose for, here are some pleasurable, less
popular songs from hit soundtracks. These are from
films directed by stalwarts like Ramesh Sippy,
Ramesh Talwar, Chetan Anand and Rahul Rawail.
11. Tumhe chhod ke (Baseraa, 1981) - Asha
Bhosle, Kishore Kumar - Baseraa was directed by
Ramesh Talwar, and starred Shashi Kapoor,
Raakhee, Rekha, Poonam Dhillon and Raj Kiran.
12. Jaane jigar duniya main tu (Pukar, 1983)
- Kishore and RD Burman - every song of this
Amitabh Bachchan, Randhir Kapoor, Zeenat
Aman and Tina Munim film, based on the
liberation of Goa, was a super hit.
13. Mammaya kero kero kero mmma (Arjun,
1985) - composed by Javed Akhtar and sung by
Shailendra and others. Arjun, directed by Rahul
Rawail, gave a boost to Sunny Deol’s career.
Kumar - directed by Chetan Anand, the film starred
Rajesh Khanna, Hema Malini, Raaj Kumar, Priya
Rajvansh and Vinod Khanna. This song was
picturised in a discotheque, on Vinod and Hema.
15. Jaane kaise kab kahaan (Shakti, 1982) Lata Mangeshkar, Kishore Kumar - Ramesh Sippy
directed Dilip Kumar and Amitabh Bachchan in a
much-touted face-off. The song was picturised on
Amitabh and Smita Patil.
16. Jahaan teri yeh nazar hai (Kaalia, 1981)
– Kishore Kumar - a favourite with DJs at every
retro night and made popular by Amitabh
Bachchan’s signature moves, this song is from
Kaalia, written and directed by Tinnu Anand.
17. Dilbar mere kab tak mujhe (Satte Pe
Satta, 1982) - Kishore Kumar - It featured
Amitabh Bachchan and Hema Malini in lead roles
and was adapted from the 1954 movie “Seven
Brides for Seven Brothers”.
18. Hum tumse mile (Rocky, 1981) – Kishore
Kumar, Lata Mangeshkar - picturised on Sanjay
Dutt (his debut film) and Tina Munim, directed by
Sunil Dutt.
19. Meri nazar hai tujhpe (The Burning Train,
1980) - Kishore Kumar, Rafi, Asha Bhosle, Usha
Mangeshkar - The Burning Train was directed by
Ravi Chopra. The film featured a huge star cast
headed by Dharmendra, Hema Malini, Vinod
Khanna and Parveen Babi.
14. Chhodo sanam (Kudrat, 1981) – Kishore
“Be courteous to everyone but share your personal thoughts with only a few” – Ramesh Kumar Bung.
Kolachina Jyothi
HO :F&A
71
KNOW ABOUT COMPUTER RELATED WORDS
Computer jargon means words to do with
computers and surrounding topics. Knowing what
these words mean can help people know more
about computers. Most people use these words to
discuss computer ideas, but some people use these
words to impress others (also known as
buzzwords).
Some examples of jargon are:
Disk - a place to store data.
Data - information stored on a computer. The
amount of data that is stored on a disk is measured
with the following terms:
Bit - the smallest data unit can either be a "0" or a "1."
Nybble - there are 4 bits in a Nybble.
Byte - there are 8 bits in a byte. One byte is enough
to hold one single letter or number of text.
Kilobyte - there are 1024 Bytes in a Kilobyte.
Megabyte - there are 1024 Kilobytes in a
Megabyte.
Gigabyte - there are 1024 Megabytes in a
Gigabyte.
Terabyte - there are 1024 Gigabytes in a Terabyte.
Petabyte - there are 1024 Terabytes in a Petabyte.
Note that some people and some companies use a
different version of these numbers, replacing 1024
with 1000 in each of the above numbers.
Upload - to put data on somewhere. For example,
on the internet or a website, "I uploaded my
pictures to Facebook."
Download - to copy data from somewhere. For
example, "I downloaded a song from iTunes."
Load - to get data from, or put it on, a disk.
Save - to put data on a disk.
RAM - random access memory.
72
ROM - read only memory. This is memory that
does not get changed.
Hardware - the solid parts of a computer, like
monitors, fans, CPU, etc.
CPU - central processing unit, another name for
processor.
GHz - gigahertz. Used to describe the speed of a
processor. Some processors are capable of doing
more than one thing at once, as they have multiple
"cores", so a bigger number is not necessarily better.
The bigger the GHz number, the faster it runs and
the more energy it uses.
USB - universal serial bus, a method used to plug
computer tools into a machine.
Email - electronic mail.
WWW - World Wide Web, part of the Internet.
Broadband - a fast internet connection.
WiFi - wireless fidelity. A way to connect to a
network wirelessly.
Plug & Play - a function from the OS that autorecognizes any change to the hardware of the
computer.
OS - operating system. The main program that
controls all the computer functions, it calls other
programs.
Program - set of data that tells the processor what
to do and call for in the rest of PC.
Software - another name for program.
Installation - the way a software sets the place for
itself in a computer.
Virus - bad software made to mess up a computer
or destroy data; nothing good comes from it.
Hacker - people who search flaws in the way
computers work. They can use their knowledge for
evil, too.
SMS- Short Message Service.
Twitter - Twitter is an online social networking
service that enables users to send and read short
140-character messages called "tweets". Registered
users can read and post tweets, but those who are
unregistered can only read them.
Facebook - Facebook is a for-profit corporation
and online social networking service based in
Menlo Park, California, United States.
P. Aruna Kumari
HO :IT
“Knowledge makes one laugh, but wealth makes one dance” – Ramesh Kumar Bung.
KRISHNA PUSHKARALU – 2016
Pushkaram is an Indian festival dedicated to
worshiping of rivers. It is also known as Pushkaralu
in Telugu. In Telugu-speaking states, Pushkaralu is
celebrated across Godavari, Krishna, Pranhita, and
Penna rivers. Krishna Pushkaralu is a festival of
River Krishna which normally occurs once in 12
years. The Pushkaralu is observed for a period of
12 days from the time of entry of Jupiter into Virgo
(Kanya rasi). Vijayawada is located on the banks of
the Krishna River. Vijayawada is very much famous
for Krishna Pushkaralu. The Krishna Pushkaralu
will be held from August 12th to 23rd 2016. During
the celebrations, devotees will take a dip in the
sacred Krishna River to wash away their sins.
As per the legend, there lived a Brahmin in a
village. He did severe penance towards Lord Shiva.
As a result of it, Lord Shiva granted a boon because
of which he was blessed with a power to purify the
holy rivers. Thenceforth he was known as Pushkar
(the one who nourishes). While travelling from one
zodiac sign to another, Brihaspati aka Jupiter
requested Pushkar to make the 12 sacred rivers
holy. Various pujas and rituals were performed
during the Pushkaralu.
The festival lasts as long as Jupiter remains in the
corresponding zodiac sign. Major crowds will throng
during the first 12 days. The first 12 days when the
Jupiter enters the zodiac sign and the last 12 days
when it exits the zodiac sign are considered as most
auspicious. The first twelve days are known as Adi
pushkaram, and the last twelve days are called
Anthya Pushkaram. It is believed that during the
above period of twenty-four days, Pushkar will be
travelling with Jupiter as it moves from one Zodiac
sign to another and will be making any river holy.
The Krishna river is the fourth largest river, which is
about 1,300 kilometres long. It originates from
Mahabaleswar of Maharashtra and exits into the
Bay of Bengal at Hamsaladeevi. The river flows
through Karnataka and ends its journey in Andhra
Pradesh before reaching its final destination viz.,
Bay of Bengal. Enroute, the river crosses
Panchgani, Wai, Narsobachi Wadi and enters
Karnataka at Kurundwad, and flows through
Belgaum, Bijapur, and Gulbarga districts. Finally, it
enters Andhra Pradesh near Deosugur and
continues to flow through Mehbubnagar, Kurnool,
Guntur and Krishna districts.
It has many tributaries and Tungabhadra is the
principal one and the other ones include
Mallaprabha, Koyna, Bhima, Ghataprabha, Yerla,
Warna, Dindi, Musi, Dudhganga. Mahabaleshwar
city is a municipal council in Satara district of
Maharashtra. This hill station is located in the
Western Ghats range. Mahabaleshwar is an
important pilgrimage place for Hindus. There is
one Krishnabai temple located behind
Panchaganga temple where people will be
worshipping River Krishna. A point worth
mentioning here is that besides a massive Shiva
lingam, there is one beautiful statue of Goddess
Krishna. Since this temple is built on a hilltop, we
can get a beautiful view of the Krishna river flow
underneath.
Vanita Baheti
Begum Bazar
Life is all about focus. When I
know what to focus upon, then I will
know where to invest my time.
Umesh Chand Asawa
“Regarding important matters, consult your brain but listen to your heart” – Ramesh Kumar Bung.
73
MONEY REALLY IS NOT EVERYTHING
When we talk about money in Singapore, we
immediately think about working and the sacrifices
that we make at work in order to earn that money.
Some of us put in the extra hours of work to score
points with our boss and keep our employability
level high, which is fine as long as we don't overdo
and end up completely neglecting to spend time
with our friends, family or loved ones.
Don't get me wrong, money is undeniably an
important aspect in our lives, but is it really worth
putting it on a pedestal and letting everything else
come second? If you're someone that seems to
always be putting money first, we at GET.com, are
going to show you 4 reasons why money really isn't
everything.
1. Money Has Its Limits: This is probably the most
scientific and well-thought out reason out there.
Yes, contrary to how we always feel like we need
more, money does have its limit. There will come a
point in your life where money just stops giving you
the happiness you expect it to.
Let me get a little cheem here. Plenty of research
has been conducted to prove the theory of a
"hedonic treadmill", which is basically just human
beings going back to feeling comfortable despite a
positive or negative change that occurs in their life.
In this case, regardless of how much extra cash you
earn, even though it might make you happy during
the first few months, you will always fall back into
the same sense of comfort that you were bored of in
the first place. This ability to "climatise" according
to how much money you have is always going to
get you addicted to wanting more.
2. Your Health Is More Important: It always starts
with the sniffles in the morning, and you don't think
much about it. Then you start to have a headache
on the way to work, and by the time it's 2pm you
realise you're having a full blown fever. But you're
still stubbornly seated on your desk, refusing to go
to the doctor because, "it's very expensive".
Skimping on my health all in the name of saving
money - we're all guilty of it. But we need to realise
that our health and our bodies, above all need the
most taking care of, regardless of the price that
comes with it because we're only ever going to have
one body. If we don't take care of it, or let it heal
(even if it's "just" a fever), we're going to end up
damaging ourselves in worse ways in years to
74
come. If you don't believe
in a work-life balance,
then maybe these 5
reasons why you need a
better work-life balance
might change your mind.
3. Experiences Are More
Valuable: Okay, so you've
saved up all of this money,
which is great! But what are you going to do with it?
Spend it on the latest iPhone? Or buy a new car? Or
maybe you're planning to just keep it locked up in
the bank, untouched. If you think about it, keeping
the money in there isn't going to do anything to
improve your quality of life - unless of course,
you're actually investing your money and making it
work for you. But if you're not investing and the
money is just sitting there, you could think of using
some of that money to "buy" experiences. I've
always believed that travelling is the best way to
spend your money because the kind of life
experience that you acquire when you're in a
foreign country is simply priceless. Instead of
looking at money as a commodity that makes you
happy, use it as a medium to search for happiness
in things that money can't buy instead. If you're
looking for ideas of places to visit, take a look at our
travel guides to find the must-go travel destinations
for Singaporeans.
4. Relationships In Life Matter More: Yes, I know
you've probably heard this a hundred times before,
but I'm going to tell you again. Money isn't
everything because there are people in your life
those matters more. The only thing that you have
between you and the people in your life is your
relationship with them. Some people in their
pursuit to be the richest, end up burning bridges
just to climb on top (aka job promotion).
Sometimes when you have tunnel vision and all
you see is money, it's hard to remind yourself that
intangible things like a good time with your friends
and family, sometimes are the only things you need
to feel "rich". There are many ways that money can
ruin a relationship, but if you can remind yourself
that there's more to life than the paper chase, don't
you think that life will have a lot more meaning to
it?
Ramesh Kumar Bung
“The feeling of I and MINE is the root cause of all evils” – Ramesh Kumar Bung.
PROTECT RBI'S AUTONOMY,
RAJAN TELLS GOVERNMENT
Taking on his detractors, Governor Raghuram
Rajan on 26.07.2016, said the criticism that RBI
killed growth with high rates was at odds with
"received wisdom" of India being fastest-growing
and urged the government to look beyond
'motivated criticism' to protect the central bank's
autonomy.
The outgoing Reserve Bank chief also rejected the
argument that inflation has come down largely
because of "good luck" stemming from low oil
prices and not because of RBI's monetary policy
measures, saying a significant part of decline in
global prices has not been passed on domestically
as the government has hiked excise on petrol and
diesel.
Rajan, who has decided against a second term
amid a spate of attacks including some of personal
nature, rejected the criticism that he has kept the
monetary policy "too tight" and blamed the
slowdown in credit growth largely to stress in the
public sector banks, stemming from "past mistakes
in lending". He also appeared to blame "overleveraged promoters" for voices against the cleanup at banks and said "some public sector bank
CEOs with a short remaining tenure would prefer
not taking stern action and recognizing NPAs" as
they might "prefer transferring any problems to
their successor".
He also said that investors in bank shares do not
welcome disclosures of loan losses initially, while
"depositors, knowing the government stands fully
behind PSU banks, are rightly unperturbed by the
quality of bank balance sheets". Rajan said high
inflation has "pernicious effects" on the weaker
sections and wondered why there was so "little
anxiety" over the price-rise scenario.
"Without any political push back as inflation rises, it
is necessary to build institutions to ensure
macroeconomic stability ... perhaps this is why
successive governments, in their wisdom, have
given the RBI a measure of independence," said
Rajan, who will return to academics when his threeyear term ends on September 4. Hitting back at the
critics who have blamed him for keeping rates too
high and thus killing demand and growth while
failing to even control inflation, Rajan said, "Critics
offer two contradictory arguments on inflation".
"On the one hand, they argue that we have killed
demand and growth through high rates — though
this itself seems at odds with the received wisdom
that we are the fastest growing large economy in
the world. "On the other, they argue that our policy
has had little effect on curbing inflation, that
disinflation has been a result of the fall in oil and
other commodity prices."
“For instance, even as the price of the Indian crude
basket fell 72 per cent between August 2014 and
Jan 2016, the pump price of petrol fell only 17 per
cent. Therefore, while I do want to acknowledge
the benign global price environment in bringing
down inflation, it is not the entire story." He further
said the criticism of the central bank with
arguments unsupported by evidence happens
outside India too. Giving examples of the UK and
US among other places, Rajan said, "Criticism
comes with the territory, and central banks need to
make the case for their policies. "At the same time, it
is important that governments around the world
look beyond sometimes uninfor med and
motivated public criticism and protect the
independence of their central bank to act. That is
essential for stable sustainable growth."
Kindness in your words shall
provide confidence to someone who is
facing a tough time, kindness in your
thoughts shall create profoundness and
kindness in giving shall create love.
“Thought is merely a process based on experience, knowledge and memory” – Ramesh Kumar Bung.
75
Pokémon is a series of video games developed by
Game Freak and Creatures Inc. and published by
Nintendo as part of the Pokémon media franchise.
First released in 1996 in Japan for the Game Boy,
the main series of role-playing video games (RPGs)
has continued on each generation of Nintendo's
handhelds. Games are commonly released in
pairs—each with slight variations—and then an
enhanced remake of the games is released a few
years after the original releases. While the main
series consists of role-playing games, spinoffs
encompass other genres, such as action roleplaying, puzzle, and digital pet games. As of
February 2016, more than 279 million units have
been sold worldwide, more than 200 million of
which from the main series, making it the second
best-selling video game franchise, behind only
Nintendo's own Mario franchise. The franchise's
mascot is Pikachu.
All of the licensed Pokémon properties overseen by
The Pokémon Company are divided roughly by
generation. These generations are roughly
chronological divisions by release; when an official
sequel in the main role-playing game series is
released that features new Pokémon, characters,
and game play concepts, that sequel is considered
the start of a new generation of the franchise. The
main games and their spin-offs, the anime, manga
and trading card game are all updated with the new
Pokémon properties each time a new generation
begins. The franchise began its sixth generation
with Pokémon X and Y, which were released
worldwide on October 12, 2013.
The fifth generation of Pokémon began on
September 18, 2010 with the release of Pokémon
Black and White in Japan. They were then released
in North America, Europe, and Australia in March
2011. They were released on the Nintendo DS, the
same console as its predeceasing generation.
The games take place in the Unova region. New
features include the C-Gear, a feature where
players can use Wi-Fi options and customizations;
two new battle methods ("Triple Battles", where
three Pokémon are sent out at once, and Rotation
76
Battles, where three Pokémon are also sent out at
the same time, but the trainer can switch one
Pokémon out of the three that are present); "Battle
Tests", where trainers battle each other to see who
has stronger Pokémon; the Pokémon Musicals
(similar to Pokémon Contests), which have trainers
use their Pokémon to dance in a theatre with other
Pokémon; and the ability to never waste Technical
Machines (TMs), even when found the first time.
This generation introduced a total of 156 new
Pokémon (beginning with Victini and ending with
Genesect), the most of any generation. It was also
the first generation where the first new Pokémon in
National Pokédex order (Victini) is not a starter. It
also introduced another new feature, the seasons,
from which two Pokémon (Deerling and
Sawsbuck) represent them. Unlike previous
generations, which would introduce some species
of Pokémon that were evolutionary relatives of
older-generation Pokémon, the fifth generation's
selection was all-original, in an attempt to make the
primary versions feel like a brand-new game.
The other core series games, and the additions to
Black and White, titled Pokémon Black 2 and
White 2, are direct sequels. They take place in the
Unova region two years later, and were released in
Japan on June 23, 2012 and in North America,
Australia, and Europe in October of that year for
Nintendo DS. They are somewhat different of their
predecessors; there are different protagonist
trainers, and many of the other important
characters have changed as well. The games also
introduced a new feature, the "Pokémon World
Tournament", where trainers can battle gym
leaders and champions from older regions,
including Unova. On December 24, 2012,
Japanese magazine Nintendo Dream posted a
greetings card sent out by Game Freak. In the card,
Junichi Masuda exclaimed that during 2013, they
intend to further evolve the world of Pokémon. On
December 29, 2012, a new Pokémon Black 2 and
White 2 commercial aired in Japan, and ending
with a message, informing Pokémon fans that the
latest news would be announced on January 8,
2013. On January 4, 2013, both the Japanese and
“The highest reward for man’s toil is not what he gets for it, but what he becomes by it” – Ramesh Kumar Bung.
English official Pokémon website confirmed that an
announcement would be made on January 8. On
January 7, 2013, the official Japanese website
explained that the Nintendo president, Satoru
Iwata would hold a 10-minute "Pokémon Direct"
video conference to announce the big Pokémon
news. On January 8, 2013, Satoru Iwata
announced the sixth generation of Pokémon, with
the new paired games, Pokémon X and Y, which
were released on the Nintendo 3DS on October 12,
2013 worldwide. The X and Y games are rendered
in full 3D; however, only select parts of the game
can be displayed in stereoscopic 3D.[20] The video
introduced the player characters, the starter
Pokémon; Grass-type Chespin , the Fire-type
Fennekin , and the Water-type Froakie , and two
other Pokémon, not named until later; a bird-like
Pokémon called Yveltal having a shape similar to
the letter Y and a deer-like Pokémon called
Xerneas with X-shapes in its eyes. A month later,
Sylveon , a new evolved form of Eevee belonging
to the games' new Fairy Type was revealed.
Greninja, the final evolved form of Froakie, would
later go on to represent the sixth generation of
Pokémon in the hit fighting game, Super Smash
Bros. for Nintendo 3DS and Wii U.
On May 7, 2014, Nintendo revealed the games
Pokémon Omega Ruby and Alpha Sapphire in a
teaser trailer, remakes of the third generation
games Pokémon Ruby and Sapphire. They were
released worldwide in November 2014. On August
26, 2014, Pokkén Tournament was announced
and was released on July 16, 2015 in Japanese
arcades and was released on March 18, 2016
worldwide for Wii U. It was developed by Bandai
Namco Entertainment.
Seventh generation (2016–present): During a
Nintendo Direct presentation on February 26,
2016, two new Pokémon titles were announced:
Pokémon Sun and Moon. The first installments in
the seventh generation of Pokémon games, they
are set to be released in November 2016. The
games will be compatible with other Nintendo 3DS
titles, including Pokémon X and Y; Pokémon
Omega Ruby and Alpha Sapphire; and the Virtual
“There is no power on earth superior to self-control” – Ramesh Kumar Bung.
Console re-releases of Pokemon Red, Blue, and
Yellow.
One of the consistent aspects of most "Pokémon"
games—spanning from Pokémon Red and Blue on
the Game Players can choose a Grass-type, a Firetype, or a Water-type, Pokémon indigenous to that
particular region. For example, in Pokémon Red
and Blue, the player has the choice of starting with
Bulbasaur, Charmander, or Squir tle. The
exception to this rule is Pokémon Yellow, where
players are given a Pikachu, an Electric-type mouse
Pokémon, famous for being the mascot of the
Pokémon media franchise; unique to Pokémon
Yellow, the three starter Pokémon from Red and
Blue can be obtained during the quest by a single
player.
Another consistent aspect is that the player's rival
will always choose the type that has a type
advantage over the player's chosen Pokémon as his
or her starter Pokémon. For instance, if the player
picks the Fire-type Charmander, the rival will
always pick the Water-type Squirtle. This does not
affect the first battle between the rivals, as they can
only use Normal-type attacks at this point, meaning
that they cannot exploit weaknesses. The exception
to this is again Pokémon Yellow, in which the rival
picks Eevee, a Normal-type Pokémon with multiple
evolutions. However, in Pokémon Black and
White, there are two rivals; one picks the Pokémon
with a type advantage over the player's chosen
Pokémon, while the other chooses the Pokémon
with the type disadvantage. In Pokémon Diamond,
Pearl and Platinum, another Trainer chooses the
Pokémon with a type disadvantage to the player's
chosen Pokémon, but never battles the player;
instead, this character battles alongside the player
as a tag partner in certain situations.
The situation is similar in Pokémon X and Y, but
there are four rivals. Two of them receive the starter
Pokémon in an arrangement similar to Pokémon
Black and White, but the other two have
completely different Pokémon.
T. Girish
HO: IT
77
MYDOOM VIRUS
Mydoom, also known as W32.MyDoom@mm,
Novarg, Mimail.R and Shimgapi, is a computer
worm affecting Microsoft Windows. It was first
sighted on January 26, 2004. It became the fastestspreading e-mail worm ever (as of January 2004),
exceeding previous records set by the Sobig worm
and ILOVEYOU, a record which as of 2016 has yet
to be surpassed.
Mydoom appears to have been commissioned by
e-mail spammers so as to send junk e-mail through
infected computers. The worm contains the text
message "andy; I'm just doing my job, nothing
personal, sorry," leading many to believe that the
worm's creator was paid. Early on, several security
firms expressed their belief that the worm
originated from a programmer in Russia. The
actual author of the worm is unknown.
Speculative early coverage held that the sole
purpose of the worm was to perpetrate a
distributed denial-of-service attack against SCO
Group. 25 percent of Mydoom A-infected hosts
targeted www.sco.com with a flood of traffic. Trade
press conjecture, spurred on by SCO Group's own
claims, held that this meant the worm was created
by a Linux or open source supporter in retaliation
for SCO Group's controversial legal actions and
public statements against Linux. This theory was
rejected immediately by security researchers. Since
then, it has been likewise rejected by law
enforcement agents investigating the virus, who
attribute it to organized online crime gangs.
Initial analysis of Mydoom suggested that it was a
variant of the Mimail worm—hence the alternate
name Mimail.R—prompting speculation that the
same people were responsible for both worms.
Later analyses were less conclusive as to the link
between the two worms. Mydoom was named by
Craig Schmugar, an employee of computer
security firm McAfee and one of the earliest
discoverers of the worm. Schmugar chose the
name after noticing the text "mydom" within a line
of the program's code. He noted: "It was evident
early on that this would be very big. I thought
having 'doom' in the name would be appropriate."
Mydoom is primarily transmitted via e-mail,
appearing as a transmission error, with subject lines
78
including "Error", "Mail Delivery System", "Test" or
"Mail Transaction Failed" in different languages,
including English and French. The mail contains an
attachment that, if executed, resends the worm to
e-mail addresses found in local files such as a user's
address book. It also copies itself to the “shared
folder” of peer-to-peer file-sharing application
KaZaA in an attempt to spread that way.
Mydoom avoids targeting e-mail addresses at
certain universities, such as Rutgers, MIT, Stanford
and UC Berkeley, as well as certain companies
such as Microsoft and Symantec. Some early
reports claimed the worm avoids all .edu
addresses, but this is not the case. The original
version, Mydoom A, is described as carrying two
payloads:
A backdoor on port 3127/tcp to allow remote
control of the subverted PC (by putting its own
SHIMGAPI.DLL file in the system32 directory and
launching it as a child process of the Windows
Explorer); this is essentially the same backdoor
used by Mimail.
A denial-of-service attack against the website of the
controversial company SCO Group, timed to
commence 1 February 2004. Many virus analysts
doubted if this payload would actually function.
Later testing suggests that it functions in only 25%
of infected systems.
A second version, Mydoom.B, as well as carrying
the original payloads, also targets the Microsoft
website and blocks access to Microsoft sites and
popular online antivirus sites by modifying the
hosts file, thus blocking virus removal tools or
updates to antivirus software. The smaller number
of copies of this version in circulation meant that
Microsoft's servers suffered few ill effects.
26 January 2004: The Mydoom virus is first
identified around 8am EST (1300 UTC), just
before the beginning of the workday in North
America. The earliest messages originate from
Russia. For a period of a few hours mid-day, the
worm's rapid spread slows overall internet
performance by approximately ten percent and
average web page load times by approximately
fifty percent. Computer security companies report
that Mydoom is responsible for approximately one
in ten e-mail messages at this time.
Although Mydoom's denial of service attack was
“Egotism separates man from Divinity” – Ramesh Kumar Bung.
denial of service attack—the largest such attack to
date. As 1 February arrives in East Asia and
Australia, SCO removes www.sco.com from the
DNS around 1700 UTC on 31 January. (There is as
yet no independent confirmation of www.sco.com
in fact suffering the planned DDOS.)
scheduled to begin on 1 February 2004, SCO
Group's website goes offline briefly in the hours
after the worm is first released. It is unclear whether
Mydoom was responsible for this. SCO Group
claimed it was the target of several distributed
denial of service attacks in 2003 that were
unrelated to computer viruses.
27 January: SCO Group offers a US $250,000
reward for information leading to the arrest of the
worm's creator. In the US, the FBI and the Secret
Service begin investigations into the worm.
28 January: A second version of the worm is
discovered two days after the initial attack. The first
messages sent by Mydoom.B are identified at
around 1400 UTC and also appear to originate
from Russia. The new version includes the original
denial of service attack against SCO Group and an
identical attack aimed at Microsoft.com beginning
on 3 February 2004; however, both attacks are
suspected to be either broken, or non-functional
decoy code intended to conceal the backdoor
function of Mydoom. Mydoom.B also blocks
access to the websites of over 60 computer security
companies, as well as pop-up advertisements
provided by DoubleClick and other online
marketing companies.
The spread of MyDoom peaks; computer security
companies report that Mydoom is responsible for
roughly one in five e-mail messages at this time.
29 January: The spread of Mydoom begins to
decline as bugs in Mydoom B's code prevent it from
spreading as rapidly as first anticipated. Microsoft
offers US $250,000 reward for information leading
to the arrest of the creator of Mydoom.B.
1 February 2004: An estimated one million
computers around the world infected with
Mydoom begin the virus's massive distributed
3 February: Mydoom.B's distributed denial of
service attack on Microsoft begins, for which
Microsoft prepares by offering a website which will
not be affected by the worm,
information.microsoft.com. However, the impact
of the attack remains minimal and
www.microsoft.com remains functional. This is
attributed to the comparatively low distribution of
the Mydoom.B variant, the high load tolerance of
Microsoft's web servers and precautions taken by
the company. Some experts point out that the
burden is less than that of Microsoft software
updates and other such web-based services.
9 February: Doomjuice, a “parasitic” worm, begins
spreading. This worm uses the backdoor left by
Mydoom to spread. It does not attack non-infected
computers. Its payload, akin to one of
Mydoom.B's, is a denial-of-service attack against
Microsoft.
12 February: Mydoom.A is programmed to stop
spreading. However, the backdoor remains open
after this date.
1 March: Mydoom.B is programmed to stop
spreading; as with Mydoom.A, the backdoor
remains open.
26 July: A variant of Mydoom attacks Google,
AltaVista and Lycos, completely stopping the
function of the popular Google search engine for
the larger portion of the workday, and creating
noticeable slow-downs in the AltaVista and Lycos
engines for hours.
10 September: MyDoom versions U, V, W and X
appear, sparking worries that a new, more powerful
MyDoom is being prepared.
18 February 2005: MyDoom version AO appears.
July 2009: MyDoom resurfaces in the July 2009
cyber attacks affecting South Korea and the United
States.
N. S. N. Murthy
“To see opportunities in difficulties is optimism and to see the difficulties in opportunities is pessimism” – Ramesh Kumar Bung.
HO:IT
79
WEST INDIES CRICKETERS OF INDIAN ORIGIN
In a recent report released by the United Nations,
the Indian Diaspora is by far the largest in the world.
But, on the shores of the Caribbean island, the
scene is a bit different from rest of the world. The
Diaspora included people who were sent there by
the British for sugarcane plantation labour in the
mid 18th century. These people have been living
there for ages now and their identity has somewhat
changed. From their accent, food, and clothing,
nothing matches that of an Indian or an Indian
Diaspora residing somewhere else in the world. The
British controlled the game of Cricket and tried to
expand it wherever they went and it was no different
on the Caribbean shores. These islands joined
hands to make a united cricket team and named it
West Indies. West Indies were the undisputed rulers
of Cricket from 1970 to the late 1990's. They had
four best fast bowlers in their team who tormented
any batting line-ups during their heydays. The
group includes Michael Holding, Andy Roberts,
Joel Garner and Malcolm Marshall.
Apart from bowlers, the team also produced
legendary batsmen who could rip apart any
bowling attack. Sir Vivian Richards alone was
enough to dismantle any tough bowling attack
during that period. In the name itself “West Indies”,
we find “India”. Not only the name but even some
of the greatest ever West Indies cricketers were of
Indian origin, especially the Indo-Guyanese origin.
Now, here is a list of Indian origin West Indies
cricketers who succeeded at the highest level.
1 – Ramnaresh Sarwan: A batsman who is rated
very highly in the cricketing fraternity,
Ramnaresh Sarwan broke into the
Windies squad against the touring
Pakistan and made his debut
against them at Barbados in the
year 2000. But despite all his
injuries and hiccups throughout his
career he has nearly 6000 runs each in
both ODIs and Tests. He was involved in one of the
greatest ever run chases when West Indies chased
down a mammoth 418 against the touring Aussies.
80
Sarwan along with his Indo-Guyanese teammate,
Shivnarine Chanderpaul scored magnificent
centuries which enabled the Windies to chase down
an improbable victory target of 418. The run chase
is still the highest in Test cricket history. He also has
20 international centuries to his name (5 in ODIs
and 15 in Tests). Sarwan hails from a Hindu family
of Indian descent. His parents' names are Kishan
and Kumari Sarwan.
2 – Alvin Kallicharan: Is a former West Indies
cricketer of the Indo-Guyanese
ethnicity and played for the nation
from 1972-1981. A stylish lefthanded batsman during his
playing days, Kallicharan was
known for his elegant and watchful
batting style. He was also a useful
off-break bowler. He was the Wisden
Cricketer of the year in 1973. He was a part of the
West Indies World Cup winning team. He was
appointed the Windies captain in 1977-78 when
Clive Lloyd resigned from the captaincy for the
Kerry Packer issues. He was later involved in a
controversy when he led an unofficial rebel tour to
South Africa. He finished his career with 4399 Test
runs and played 66 Tests during that period.
3 – Rohan Kanhai: Regarded as one of the
greatest ever West Indies batsmen in the
1960s era of uncovered wickets,
Rohan Kanhai represented West
Indies in 79 Tests. He is a former
Guyanese cricketer and his
ancestors are of Bhojpuri origin.
He made his Test debut in the year
1957 against England, and kept
wickets and opened the innings in his first
3 Tests. He was famous for his unorthodox shots,
especially the falling hook shot, in which he finished
his follow through lying on his back. During the
latter half of his career, he was appointed the
captain of the national side succeeding Sir Garfield
Sobers which made the team a more determined
lot. He retired from international cricket in 1974
“Where might is master, justice is servant” – Ramesh Kumar Bung.
WHAT ARE THE
LONGEST WORDS
IN ENGLISH?
METHIONYLTHREONYLTHREONYGLUTA
MINYLARGINYL…ISOLEUCINE
playing his last Test against England.
4 – Denesh Ramdin: A wicketkeeper-batsman
from Trinidad, Denesh Ramdin made
both his Test and ODI debuts in the
year 2005 against Sri Lanka and
India respectively. His ancestors are
of Bhojpuri origin. He holds the
record for the highest individual
score by a West Indies wicket-keeper
in Tests and the second highest in
ODIs. He became the captain of Trinidad
and Tobago in 2011, replacing another Indian
origin cricketer Daren Ganga. He has scored 4 Test
centuries with two against England and one each
against Bangladesh and New Zealand. He has been
a solid performer in ODIs too, scoring two centuries
in that process. In May 2014, he was named the Test
captain of the West Indies cricket team replacing
Darren Sammy.
5 – Shivnarine Chanderpaul: Former West
Indies cricketer – who is from Guyana –
is hailed as one of the best batsmen,
West Indies has produced. He is the
first Indo-Caribbean cricketer to
play 100 Tests. Chanderpaul had
an unorthodox batting style with a
total open chest stance but despite
that he has scored nearly 12000 Test
runs and nearly 9000 ODI runs. He has been a
consistent performer for West Indies spanning over
two decades. Making his debut way back in the year
1994, he played for 21 years at the highest level. He
played his last Test in 2015 against England and bid
adieu to what was an illustrious career. Records with
the Purnia District Administration (a district in
North East Bihar) suggest that Shivnarine
Chanderpaul's great grand uncle, Pawan Kumar
Chanderpaul had immigrated to Guyana in the
year 1873 and this makes him a bonafide Bihari
from his mother's side.
G. Amarnath
HO: PDS
“Take chances – all successful people do it” – Ramesh Kumar Bung.
Note the ellipses. All told, the full chemical name for
the human protein titin is 189,819 letters, and takes
about three-and-a-half hours to pronounce. The
problem with including chemical names is that
there’s essentially no limit to how long they can be.
For example, naming a single strand of DNA, with
its millions and millions of repeating base pairs,
could eventually tab out at well over a billion letters.
LOPADOTEMACHOSELACHOGALEOKRA
NIOLEIPSAN…PTERYGON
The longest word ever to appear in literature comes
from Aristophanes’ play, Assemblywomen,
published in 391 BC. The Greek word tallies 171
letters, but translates to 183 in English. This
mouthful refers to a fictional fricassee comprised of
rotted dogfish head, wrasse, wood pigeon, and the
roasted head of a dabchick, among other culinary
morsels.
PNEUMONOULTRAMICROSCOPICSILICO
VOLCANOCONIOSIS
At 45 letters, this is the longest word you’ll find in a
major dictionary. An inflated version of silicosis, this
is the full scientific name for a disease that causes
inflammation in the lungs owing to the inhalation of
very fine silica dust. Despite its inclusion in the
dictionary, it’s generally considered superfluous,
having been coined simply to claim the title of the
longest English word.
PARASTRATIOSPHECOMYIASTRATIOSP
HECOMYIOIDES
The longest accepted binomial construction, at 42
letters, is a species of soldier fly native to Thailand.
With a lifespan of five to eight days, it’s unlikely one
has ever survived long enough to hear it
pronounced correctly.
PSEUDOPSEUDOHYPOPARATHYROIDISM
This 30-letter thyroid disorder is the longest noncoined word to appear in a major dictionary.
A. V. Rama Rao
81
THE GREATEST INDIAN PATRIOTIC SONGS EVER
When it comes to stirring our patriotic feelings, a
number of Indian songs have done a commendable
job. Here are a few such songs you can play to evoke
the patriot inside you:
1. Aao baccho tumhe dikhayen: Crooned and
written by Kavi Pradeep, this song is picturized in a
school where a teacher is educating his pupils on
various aspects of great India and telling them about
the sacrifices made by great men in the honour of their
homeland.
2. Hum Layen hai Tufan se: Another beautiful song
from Jagriti (1954), 'Hum Layen hai Tufan se' is a plea
from a patriot to a group of children, rather the
children of the nation, to defend this country and let it
not fall in crisis.
3. Insaf ki dagar pe: Shakeel Badayuni wrote this
heart-rending song and Hemant Kumar led his voice
to it. The song is from the Dilip Kumar starrer, 'Ganga
Jamuna' and is an ode to the inspirational leaders who
were instrumental in India's independence.
4. Chodo Kal ki Baatein: It was sung by Mukesh
and talks of how India can take strides forward,
forgetting the struggles of past and till date, it remains
one of the most progressive songs ever written.
5. De Di Hume azadi, bina khadag bina dhal:
Hemant Kumar adorned this Mahatma Gandhi paean
with his music and Asha Bhosle lent her voice, making
it one of the most heartfelt patriotic songs in Indian
cinema.
6. Aye mere pyare watan: Written by Gulzar and
sung by Manna Dey, this lyrical song was written
keeping the Indo-China war in perspective. It still
holds a high place in the hearts of millions.
7. Aye Watan, aye watan: From the movie
Shaheed, based on Bhagat Singh's life, this song is
picturized on Manoj Kumar and manages to tug the
heart strings even today.
8. Mere Desh ki dharti: Manoj Kumar gave us a
number of patriotic songs to cherish, this is one of
those. From the movie Upkar, this song praises the
motherland in a way that no other song has been able
to so far.
9. Apni azadi ko hum: If this one doesn't get in your
head, nothing would. The belligerence of the song can
be owed to the Chinese invasion that happened
around the same time and the Indo-Pak war was on
the doorstep.
10. Ab tumhare hawale watan saathiyon: It was
one of the first patriotic songs written for a movie and
also happens to be the most popular ones.
Mohammad Rafi rendered his voice to the song and
made it unforgettable.
Bollywood continues to write songs with patriotism as
the theme. With time, these songs have also taken the
82
form of slogans.
I-Day Special: Top Patriotic Movies of Bollywood:
Apart from India vs Pakistan cricket matches,
Bollywood has also played an important part in
fostering the spirit of patriotism. Over the course of
time, several Bollywood flicks gave been cantered on
the idea of promoting love and dedication towards
India. Directors have come with movies which have
shaken the citizens and effectively conveyed the
message that we should remain united as citizens and
faithful to the country. Let's look at the five patriotic
movies which cannot be ignored:
Lagaan: An Aamir Khan production, the movie was
released in 2001 and was set in the second half of the
19th century when India was under the British rule.
The British have imposed heavy taxes (lagaan) on a
poor, barren village of Gujarat. When the villagers
express their inability to pay, the cunning British come
up with a wager that they (villagers) have to defeat
them in a cricket match to get rid of the taxes for three
years. The movie shows the how the browbeaten
villagers led by simple but zealous Bhuvan (Aamir
Khan) unite for a common cause, learn a hitherto
unknown game of cricket and crush the mighty British
team.
Director: Ashutosh Gowarikar . Cast: Aamir Khan,
Gracy Singh
Border: Border, released in 1997, is a war film based
on Indo-Pak war in 1971. The movie depicts the lives
of Indian soldiers and how they selflessly fight the
enemy of the nation. Their unity and sincere love for
the country puts them on the path of the duty and they
fight a ferocious battle with many of them falling
martyrs to enemy's bullets. The movie shows how a
soldier forgoes his own wants, family etc. to stand up
for the country.
Director: J.P. Dutta. Cast: Sunny Deol, Akshaya
Khanna, Suneil Shetty
Chak De! India: In this 2007 blockbuster SRK plays
the role of a Muslim India hockey player whose loyalty
towards the country comes under the scanner after his
poor performance in a match versus Pakistan. He
leads a life of ignominy for seven years but finally
returns to redeem himself. He is now the coach of
India's women's hockey team which is in shambles.
He unites the team which is composed of players from
various parts of the country and instils the values of
hard work and unity in the girls. The team wins the
World Cup and finds glory for itself, the coach and the
country.
Director: Shimit Amin. Cast: Shahrukh Khan, Vidya
Malvade, Sagarika Ghatge
Sheela Jaiswal
M.G. Road, Secunderabad Branch
“Children are like wet cement; whatever falls on them makes an impression” – Ramesh Kumar Bung.
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