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mohankumar1000  [ Belongs to: Platinum Circle ]

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about mohankumar1000  
Joined on: 4th Dec 2007
Posted 415 messages to date
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Mostly writes on:

RelianceGlodyne TechnoOdd One Out 

Last Visited by: sodhan, arg_s, Guest
 
Profile Details :Hi fellow investors,
Am a relatively new investor from chennai now based in kerala.am 48,pg in commerce,a coffee and rubber planter.just love g...
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mphasis is down

Mphasis

Posted by : mohankumar1000

Date :23rd Nov, 2009 - 16:02

BSE: Rs 691.75 ( -3.20 % ), NSE: Rs. 692.35 ( -3.05 % )
maybe the market has foreseen the results?...

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hope it flies off into siberia.all the shareholders of her bank will get their justice...

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Economic times names AXIS the best bank in India

Axis Bank

Posted by : mohankumar1000

Date :23rd Nov, 2009 - 08:22

BSE: Rs 991.95 ( 0.72 % ), NSE: Rs. 992.05 ( 0.56 % )
After `The Great Economic Depression` of 1930s, it is `The Global Financial Crisis`, which will remain entrenched in the memories of people across

the world for several years to come. Deep-rooted in the banking system of the developed world, it sent tremors to developing countries like India and China. Indian banking system however remained insulated demonstrating the strength of local banks.

We at ET Intelligence Group think that the time is ripe to compare Indian banks to each other. For this, we undertook a detailed exercise to rank banks across broad parameters like growth, efficiency, financial strength, scale and shareholder`s return. Each parameter was further broken down into many layers (please refer to the methodology box).

The objective was to make sure that growth is backed by sustainability and efficiency. We considered growth in core fee income as well, because it shows how successful a bank has been in activities, which are ancillary to the primary function of lending and accepting deposits, like distribution of financial products and providing value-added services. Apart from other income, growth in deposits and advances was taken into account to gauge the pace of balance-sheet expansion. To make sure that growth was reflected in operations, net profit growth was also considered.

We tried to distill oft-repeated success mantra, `growth with efficiency` by breaking it down in three parameters: net interest margin (NIM), business per employee and return on assets (RoA). NIM was considered to make sure that the funds are efficiently deployed; business per employee to ascertain the efficiency of human resource and RoA to check if the assets are efficiently being put to use. The financial strength of banks was measured by its asset quality (as evident from non-performing assets) and capital adequacy ratio.

In order to determine the shareholder`s return, we also considered factors like stock price gain, volatility in the stock price and dividend growth. We considered the data for last three financial years, so that conclusions are not skewed in favour of just one year`s performance. More weightage was given to the recent year`s performance and vice versa.

After hours of number crunching, we figured out that Axis Bank is the best bank in the country followed by Bank of India (BoI) and HDFC Bank. It must be noted that of the top 10 Indian banks, six are from public sector space. That PSU banks are bridging the gap with private banks was a hypothesis, which has now been vindicated. Of the four broad parameters that we discussed, BoI ranks in top 5 in three parameters. The bank has posted significant growth in dividend in last three years and its stock has appreciated sharply. Ever consistent HDFC Bank sits smartly at the third slot.
ment...

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the problem is Raadhika ma`am, when educated and the so called elite continue to dump trash in an irresponsible manner who is to bell the cat?...

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dear Raadhika ma`am,
and what about segregating plastics and organic?wish the govt will ban plastic carry bags forever...

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stockmarket

Odd One Out

Posted by : mohankumar1000

Date :22nd Nov, 2009 - 09:16

Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart. ...

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GLODYNE-BROADLLYNE SERVICES FOR EDUCATION DOMAIN

Glodyne Techno

Posted by : mohankumar1000

Date :22nd Nov, 2009 - 09:14

BSE: Rs 353.15 ( -0.51 % ), NSE: Rs. 352.35 ( -0.76 % )
Stockmarket is a weird place. For every person who buys a stock there is a person who sells it and both think they are very smart.

...

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