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Vijaya Bank
Depositors and AIBEA should join to work
Posted by :
Leave it.Tracked by: 0 Boarder
Thank you Mr.Yagneswar,
It is true . all depositors should act The govt is concerened with CRR and SLR. They have spent a day in their deliberations .how to protect our savings for our future?
Dear friends,You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision.
Here our PM and FM give ratio/TV talks and RBI issues statements.
The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion.
Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk.
I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY.
The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt.
I do not know when we all will see the reality. God alone should save this country.
v.krishnamoorthy ...
In reply to:
Depositors and AIBEA should join to work
Posted by :
yagneswar
Bank and Insurance employees` unions calling themselves acting in public interest to save common people. They should include these things in their agenda In the present day economic scenario rs.1 lakh is a pittance Demand more You may get atleast some small increase. say 2 to 3 lakhs if you demand 10 lakhs. 
Depositors and AIBEA should join to work
Posted by : Leave it.Tracked by: 0 Boarder
Thank you Mr.Yagneswar,
It is true . all depositors should act The govt is concerened with CRR and SLR. They have spent a day in their deliberations .how to protect our savings for our future?
Dear friends,You can see the difference how a bank in trouble or default is dealtwith in USA. There was a fiscal crisis. The senate met and took decisions collectively. whether it is wrong or right. There was a concerted attempt to discuss and to take a decision.
Here our PM and FM give ratio/TV talks and RBI issues statements.
The Govt. thinks that the other leaders are not worthy of consutation.There will be divergent views always. That is why we call for a discussion.
Now the political parties also do not comment on the Govt. attitude, so that some corrective steps are visibly taken. The opposition parties also to be blamed. When they meet , they simply make noice or stage walk out, without discusing the issues involved and that helps the Govt. to have a cake walk.
I am now concerned with the safety of lacs of depositors.The deposit insurance cover is also not increased. There is no voice from the economists,media and share market commentators. Here in USA, we have cover for an account upto 2.5 lacs US dollors. The trade unions like AIBEA and FCII are not touching this aspect. Are they not having bank accounts? It is really very unfortunate that the biggest union AIBEA which was able to give a call for all India Strike for two days, do not send any single point for the protection of bank deposits.Thwy all think that the PSU banks are not vulnarable for the crisis.Why they they have alimited cover for one lac of rupees.It is learned that mutual funds are also selling some holdings in NIFTY.
The fiscal crisis has spread to Europe.As there are many small countires, a concerted action to face the world economic crisis is not possible. In Ireland, the Govt. immediately covered with insurance for six banks . Is it not a signal to the country leaders? Perhaps all our radars are lent to Srilanka Govt.
I do not know when we all will see the reality. God alone should save this country.
v.krishnamoorthy ...
In reply to:
Depositors and AIBEA should join to work
Posted by : yagneswar
Bank and Insurance employees` unions calling themselves acting in public interest to save common people. They should include these things in their agenda In the present day economic scenario rs.1 lakh is a pittance Demand more You may get atleast some small increase. say 2 to 3 lakhs if you demand 10 lakhs.
sell this stock
Posted by :
punter321Tracked by: 0 Boarder
i think the real value of this stock lies at rupees 30 and it now looks overvalued...
Depositors and AIBEA should join to work
Posted by : yagneswarTracked by: 0 Boarder
Bank and Insurance employees` unions calling themselves acting in public interest to save common people. They should include these things in their agenda In the present day economic scenario rs.1 lakh is a pittance Demand more You may get atleast some small increase. say 2 to 3 lakhs if you demand 10 lakhs....
In reply to:
Depositors and AIBEA should join to work
Posted by : Leave it.
Dear friends,
Dont consider index numbers only. The other side of the coin is Anxiety Index over the fate of our deposits in many banks,both private and PSU banks.When strike comes we know the agony. when the banks collapse, what is the remedy till a solution comes in practice. So we have to fight for the increase in insurance cover for our deposits from one lac to five lacs. AIBEA should take up this call.
Every depositor should give a letter addressed to the head of the bank where they transact, to consider to increase the deposit insurance cover from one lac rupees to five lacs of rupees with RBI, Ministry of finance and if needed to amend the act. AIBEA should include this in their agenda as the Indian Banking operations cannot be completeley indifferent to the world fiscal crisis. If they cannot save the banks and deposits, how can they protect the welfare of the employees? They want our cooperation during strikes to support them. In turn they must work for the interest of the bank and depositors.
Together we shall protect the PSU Banks and the customers interest.
v.krishnamoorthy
Depositors and AIBEA should join to work
Posted by : Leave it.Tracked by: 0 Boarder
Dear friends,
Dont consider index numbers only. The other side of the coin is Anxiety Index over the fate of our deposits in many banks,both private and PSU banks.When strike comes we know the agony. when the banks collapse, what is the remedy till a solution comes in practice. So we have to fight for the increase in insurance cover for our deposits from one lac to five lacs. AIBEA should take up this call.
Every depositor should give a letter addressed to the head of the bank where they transact, to consider to increase the deposit insurance cover from one lac rupees to five lacs of rupees with RBI, Ministry of finance and if needed to amend the act. AIBEA should include this in their agenda as the Indian Banking operations cannot be completeley indifferent to the world fiscal crisis. If they cannot save the banks and deposits, how can they protect the welfare of the employees? They want our cooperation during strikes to support them. In turn they must work for the interest of the bank and depositors.
Together we shall protect the PSU Banks and the customers interest.
v.krishnamoorthy
...
why did vijaya bank surge today
Posted by : guttu73Tracked by: 0 Boarder
Any specific item for vijaya bank gaining more than 5% today....
sell this stock
Posted by : yagneswarTracked by: 0 Boarder
My dear guest
I dont think so. I think you have some malafide intentions in writing so. Its available at its best price...
In reply to:
sell this stock
Posted by : Guest
the days of interim dividend are over this bank will not be able to even pay final dividend from next year......so sell the stock before its too late
sell this stock
Posted by : GuestTracked by: 0 Boarder
the days of interim dividend are over this bank will not be able to even pay final dividend from next year......so sell the stock before its too late...
Vijaya bank and alike during this week
Posted by : yagneswarTracked by: 0 Boarder
Thanks for your information. Sucking suddenly 500 crores from the market will have an impact. I mean at one go by a group...
In reply to:
Vijaya bank and alike during this week
Posted by : Leave it.
To Yagneswar and Jagdish Gaba 's kind attention:
Dear Friends,
This is just to draw you kind attention how the Lehman's fortune affected our Indian share market.
Many are under impression the Storm in East coast of USA has nothing to do with our market. We have no
concerted strength to meet their selling by equal buying. In my view our advisors are also siding a few HNI
or broking agencies and hence the individual investors are caught in the trap. Several media are also siding
certain groups or HNI and not releasing the information for the attention of the individual investors.
The following information on blok deals, known to the media as released by NSE are not made available
to the ordinary investors. Just assess yourself to what extent the media is operating and how far the
advisors views are helpful and reliable. in most of the interviews, the advisors are finally saying that
they have no personal interest or holding, and their opinion is as shared with their clients.
They decently call it as "disclaimer" and conclude the interview.
Lehman-invested Indian firms lose over Rs 2,000 cr---PTI/ Mumbai September 15, 2008, 18:25 IST
Lehman Brothers' move to file for bankruptcy today wiped off more than Rs 2,000 crore from
the market valuation of those Indian companies in which the US financial major has made equity investments.
Lehman itself recorded a loss of more than Rs 50 crore today on its investments in India, which is nearly
10 per cent of its current holding worth an estimated over Rs 500 crore. The loss would have been much
higher if Lehman had not started offloading its equity holding in Indian companies late last month.
In a major selling spree that started on August 21, Lehman has sold shares worth close to Rs 400 crore
in nearly 10 companies, including NIIT Ltd, Cranes Software, Amtek Auto, Amtek India, Fedders Llyod,
Northgate, Mastek, Triveni Engg and Prajay Engg.
Prior to this sell-off, Lehman's Indian equity portfolio is estimated to have been worth more than Rs 1,000 cr.
which has now nearly halved to about Rs 500 crore.
Most of the shares offloaded by Lehman in India, including those in NIIT, Cranes, Amtek Auto, Amtek India
and Northgate, has been purchased by Deutsche Bank, according to the bulk and block deal data available
with the bourses. Besides the 10 companies where Lehman has offloaded its shares, Lehman had equity
holding in about two dozen firms at the end of June quarter.
These firms include Spice Communications, Spice Mobile, Anant Raj Industries, Edelweiss Cap, IVRCL Infra,
Tulip Telecom, Consolidated Construction, PSL, Orbit Corp, Development Credit Bank, Champagne Indage,
Godawari Power, KPIT Cummins, West Coast Paper, IOL Netcom, Dhampur Sugar, Prithvi Info,
Golden Tobacco, Emkay Global, Vijay Shanti Builders and Pioneer Embroidery. ---source:Bus.Std
v.krishnamoorthy
Vijaya bank and alike during this week
Posted by : Leave it.Tracked by: 0 Boarder
To Yagneswar and Jagdish Gaba 's kind attention:
Dear Friends,
This is just to draw you kind attention how the Lehman's fortune affected our Indian share market.
Many are under impression the Storm in East coast of USA has nothing to do with our market. We have no
concerted strength to meet their selling by equal buying. In my view our advisors are also siding a few HNI
or broking agencies and hence the individual investors are caught in the trap. Several media are also siding
certain groups or HNI and not releasing the information for the attention of the individual investors.
The following information on blok deals, known to the media as released by NSE are not made available
to the ordinary investors. Just assess yourself to what extent the media is operating and how far the
advisors views are helpful and reliable. in most of the interviews, the advisors are finally saying that
they have no personal interest or holding, and their opinion is as shared with their clients.
They decently call it as "disclaimer" and conclude the interview.
Lehman-invested Indian firms lose over Rs 2,000 cr---PTI/ Mumbai September 15, 2008, 18:25 IST
Lehman Brothers' move to file for bankruptcy today wiped off more than Rs 2,000 crore from
the market valuation of those Indian companies in which the US financial major has made equity investments.
Lehman itself recorded a loss of more than Rs 50 crore today on its investments in India, which is nearly
10 per cent of its current holding worth an estimated over Rs 500 crore. The loss would have been much
higher if Lehman had not started offloading its equity holding in Indian companies late last month.
In a major selling spree that started on August 21, Lehman has sold shares worth close to Rs 400 crore
in nearly 10 companies, including NIIT Ltd, Cranes Software, Amtek Auto, Amtek India, Fedders Llyod,
Northgate, Mastek, Triveni Engg and Prajay Engg.
Prior to this sell-off, Lehman's Indian equity portfolio is estimated to have been worth more than Rs 1,000 cr.
which has now nearly halved to about Rs 500 crore.
Most of the shares offloaded by Lehman in India, including those in NIIT, Cranes, Amtek Auto, Amtek India
and Northgate, has been purchased by Deutsche Bank, according to the bulk and block deal data available
with the bourses. Besides the 10 companies where Lehman has offloaded its shares, Lehman had equity
holding in about two dozen firms at the end of June quarter.
These firms include Spice Communications, Spice Mobile, Anant Raj Industries, Edelweiss Cap, IVRCL Infra,
Tulip Telecom, Consolidated Construction, PSL, Orbit Corp, Development Credit Bank, Champagne Indage,
Godawari Power, KPIT Cummins, West Coast Paper, IOL Netcom, Dhampur Sugar, Prithvi Info,
Golden Tobacco, Emkay Global, Vijay Shanti Builders and Pioneer Embroidery. ---source:Bus.Std
v.krishnamoorthy...
In reply to:
Vijaya bank and alike during this week
Posted by : yagneswar
jagdish gaba
what about adding Corporation bank to your list
Vijaya bank and alike during this week
Posted by : yagneswarTracked by: 0 Boarder
jagdish gaba
what about adding Corporation bank to your list...
In reply to:
Vijaya bank and alike during this week
Posted by : JAGDISH GABA
Leave it,The banks you are talking are too small n their exposures in international business is also smaller
Among psu banks,cetain banks look very good like OBC,CANARA,PNB,BOI,BOB and offcourse SBI
Their asset/liability is better may be by default unless there is something very odd otherwise
After this quarterly results a cler picture will emerge as year end contains some window dressing at corporate levels n first quarter is the effect of pitfalls of year end
For the time being,they may be rang bound but they have strength
The banks/govt/public have learnt to live with the strikes by now
I agree with you that they have long term story
NSE Announcements on Vijaya Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Vijaya Bank has informed the Exchange that Shri Ranjan Shetty has been nominated as Officer Employee Director of the Bank with immediate effect, vide letter No.F.No.9/11/2001-BO.I dated 09.09.2008 received from Government of India, Ministry of Finance, Department of Financial Services. Accordingly, the Banks Board now consists of 11 Directors for the Present. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Vijaya Bank
Posted by : MMB MessengerTracked by: 0 Boarder
Vijaya Bank has informed BSE that Shri. Ranjan Shetty has been nominated as Officer Employee Director of the Bank with immediate effect, vide letter dated September 09, 2008 received from Government of India, Ministry of Finance, Department of Financial Services....
posting messages
Posted by : Leave it.Tracked by: 0 Boarder
To s leelavathy
I am sorry to find such a message posted in the column.
You say you have registered your name and infact mentioned the pass word also. If both are offically correct, the MMB moderator should take up the matter to reply you directly and solve the problem you face.
Clearly there is some lapse in either of your two ends.
A small piece of advice. Never mention your pass word under your signature anywhere in this electronic world while posting E.mails or communication.
If you are keen to post messages, ask for a change in pass word of your choice,if available or if they give a different one with instructions, follow it. But don\\`t mention it with your name. I very happy to see that though you are posting message as aguest, have mentioned the name with pass world also.
Permit me to say ,Madam , ALL THE BEST AS A MEMBER and I wish, you should be properly guided by the moderator to help you in the matter at the earliest.
with regards,
V.Krishnamoorthy...
In reply to:
posting messages
Posted by : Guest
I got my name registered and have got a password. But how to Post my message here. What are the particulars should I have to present at the time of psoting my message.
s leelavathy
pass word:sl1949
posting messages
Posted by : yagneswarTracked by: 0 Boarder
Leelavathy dont reveal your password outside. You have the option to select some nick name. First go to portfolio option PORTFOLIO TOOLS from there to MESSAGES.
You can post your messages easily on the stocks you hold in your portfolio for other STOCKS you have to visit the specific stock page..
Over the time you will become master
Wish you good luck
...
In reply to:
posting messages
Posted by : Guest
I got my name registered and have got a password. But how to Post my message here. What are the particulars should I have to present at the time of psoting my message.
s leelavathy
pass word:sl1949
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