BOI Taarangan June 2017

yeQkeÀ Dee@]HeÀ Fbef[³ee keÀer efleceener ie=nHeef$ekeÀe petve

2017

Bank of India’s Quarterly House Journal June 2017

PROJECT CONNECT-SAMPARK GHAR-GHAR DASTAK MAHOTSAV HUM HONGE KAMYAAB CAMPAIGN

AREA MANAGER STAR PRIME

STAR SANJEEVANI SCHEME STAR SAMADHAN SCHEME

STAR EKLAVYA

ĂŁÂ™Â™Â„Ă˜Â™ Â?™„jŒ™„ jΪ f}™¨Œ€™ (A Government of India Undertaking) …™Â&#x; jÂŚ d™¢}™×å e ƒv‚™™ jÂŚĂ› ÂƒÂ¸ĂŁÂ™Â™ÂŒÂ™Ă› ÂƒĂ˜Â™Â€Â™Â™ĂŽĂ› l™Â?ĂŽ}™ƒ‘™jΪ

¢¨¸¸¥¸ ¨¸á¸º

CONTENT

A Quarterly Bilingual House Journal of Bank of India d jÂŚ q™œ|™ Volume: June 2017

yeQkeÀ Dee@]HeÀ Fbef[³ee keÀer efleceener ie=nHeef$ekeÀe petve 2017

26

Bank of India’s Quarterly House Journal June 2017

1; >71 *;º ? ,?Î > 0| ,G 4G >| 0| 1‹& ?7 >2 . Ŋ ;>|_

PROJECT CONNECT-SAMPARK GHAR-GHAR DASTAK MAHOTSAV HUM HONGE KAMYAAB CAMPAIGN

AREA MANAGER STAR PRIME

STAR SANJEEVANI SCHEME STAR SAMADHAN SCHEME

STAR EKLAVYA

Printed, Published and Edited by S M Shakeel on behalf of Bank of India, 3XEOLVKHG IURP +HDG 2ႈFH 6WDU +RXVH * * %ORFN %DQGUD .XUOD &RPSOH[ %DQGUD ( 0XPEDL DQG SULQWHG DW SAP PRINT SOLUTIONS PVT. LTD. /DNVKPL ,QGXVWULDO (VWDWH 6 1 3DWK /RZHU 3DUHO : 0XPEDL

3388

¬¸¿œ¸¸™ˆÅú¡¸ Ÿ¸¿”¥¸ /Editorial Board Ù ¡q j § l ~Ù ¡j§ { l ~Ù Ù q j§Ü q j § ¡Ï o Ï } Ï ~± ¡| j§ Ï ~± ¡| j§ ¬¸¿œ¸¸™ˆÅ Ï ~± ¡| j§ Mrityunjay Kr. Gupta Shankardas Gupta Rajkumar Singh Chouhan Sartaj Mohd. Shakeel General Manager

General Manager

General Manager

Editor

16 6 49 9 56 56 5 8 Project Connect - Sampark 07

}° q §t j¦| §t } j¥¦ 09

t à j ¦l fØ} z ¨¦Û j ¦ f} d ã Û o | Ø 34

Midnight Transition of &9& $OZD\V 3URWHFWV %RQDÀGH 'HFLVLRQV 12 Indian Indirect Tax System - IGST 38

k k 20

Negative Interest Rates 22

| Û| j¦ } Î 25 j ¦| Πܦ l d| u ܦ 29 m m z Ø j¦ Î Ø 32

Î Î l j¦ d ã | 41 Practical Avenues to Increase %UDQFK /HYHO 3URÀWDELOLW\ 42

| | à j ¦l Î } o 2 46 | | à j ¦l Î } o 1 47

| | à j ¦l Î r i â 50 | | à j ¦l Î fÏ 50 | | à j ¦l Î } ¥ 51 | | à j ¦l Î { 52 j¦ q 53 d| l Ø { 60 Î oo f} { 65

~± ¡| } { j§ i ¡ k j§ ¦j§ Ü d | j§ Ü Managing Director & Chief Executive Officer Î « à j ¦l fµ l « l Ø | Û ° v j ¦ ¦} } Îo | Û Î q j¦ àj¦ « Î l° Îj¦ « j¦ z ¥Ø Î x Î ÎÛ « Î « d e¥vÛd ÛtÛ ¸ C Ï{ áj§ ¬ j § | d e¦tÜ ej§ t ¡ foo } ~ {} j ¦ i } j¦ }° }Ø Î d Î x }° y « ã « à d } ã Û j¦ àj¦ j¦ e Ï Û ¥ j¦Û }°y Ø ÎÛ dy ¥Ø ¤ q | ‚¸ « } | ¡ ã « } Î o | j ¦ i { e¥ z Ø Î x } â ¥ j¦ vÖ ¦} i j¦Û Î | j¦Û Ø | « Î | ã j¦ vÖ ¦} i Î x k Î i k Ø « « Û tÐ q Û } o | i | e¥ j¦ } Î « | Ü ¦ j ¦ j¦ ã Î d Î x } Ø « fØ Î { ¥j¦ Îà d y ÎÛ Î i o | Ø Û} ¥ ã Û Îàx d Î « Ø Û| Ø Î « « d ¨¦ j¦Ø j ¦ y e l Ø j¦ | i k | Î x d} | Û y j ¦ }° Ø d } j ¦ | Ø }° « { ¥ }° Ø ·Ø i } ¥ j ¦ i à d } ã Û j¦ { | z z Ø Î d r Î j¦ Î d l ã Û e Û fØ Î j ¦ y q Û Î l x à d } j ¦ y r j¦ | o ÎØ Î j¦ Î | e Ï Û ¥ « j¦ j¦ vÖ ¦} i j¦Û } q Û j¦Û l j¦Û Î d q }° }Ø j¦ | j¦Û q | Î x Î } q Û cÖ | j ¦ i d} | Û | ¢| j¦ d Ø j¦ o | j¦Û q | | Î Îàx j¦ o ¥ } d } ã Û Î j¦Û | e¥ } Î « q C~± q ¨t j§} ¨t ¡~ j¦§

| i t¥j¦ C t ~± e d C }° { j¦ } o } vÖ ã Ûã Ø } o Ø Îàx e| | i t¥j¦ j¦Û ã j¦ i q z Û j ¦ « d } j¦ } Î ÎÛ o Ø j¦ q o j¦ Î x } q Û cÖ | j ¦ i v t { Ø y d| f} j¦i q o j ¦ Îàx y ÎÛ Î | i| } Ûi j¦Û Ø Û ° Û j¦ | Î Ø }°Ø j¦ Î « z C t | } j § ~ j¦ d q | i â t h « j¦Û Û Î Ø C t ¡q Ü } Ü q } j¦ } | · j¦ | j ¦ y y j¦ { ¥¥| j¦ ¥¨¦ Cm m { Ù j§ Ï Ù j¦Û ¦d Ø j¦Û Î x e j ¦ d Ø §Ø Î C t ij§ } Î j ¦ d Ø l ¥Ø e| ã Û } Î « j ¦ « d} | t ܦ z « j¦ z| Û | | Î Ø ã Û d o « « ã || | « d }° j¦ ¥¨¦ « j¦ d q | j¦ Î Îàx } Î « } Û Ø Î v ¢t¤ j¦ q vÖ| Ø y d} | | Ø l° Îj¦ « i ã Û t ܦ z « j¦ } | ¡ d } « q vÖ| } j«¦ ®Ø Îàx Î j¦ ¥} j¦ | z j¦ i Î }° { j¦ e| j¦ ¥¨¦ « « | Ø d { } Îã l Ø j¦ Î Îà Ø j¦ q Û| Û Ø Ø j¦ Ø « } t Î j«¦x d} | Û j ¦ ,9 i 9 k d « « j¦ } q z | Î Ø CÎ Î «l j¦

d ã | j ¦ Ø ÎØ f} z j¦ Î }° { j¦ e| k d « j ¦ y j¦ ¥ j¦ Î Îàx à e| }° « « Î l }°z | j¦ | d e| } Î « j¦ q Û | Û Ø } ܦ | | j ¦ i d } ã Û j¦Û Âz }° j¦ Ø Î x « Î Ø ¥ | Ï Û ¥ dy ¥Ø ¤ « d} | Û · j¦ cÖ | i d} | ã d { j¦Ø j¦ | j ¦ i }° Ø · Îàx Î | d} | Û · Î Ø d ¨¦ j¦Ø Û }°Ø j¦ Ø } { | z | Ø y j¦ Ø j¦ tj¦ o | Î x Î | ÎØ | d Ø q Û j¦ } t j¦ | j ¦ i Î Ø 4

leejebieCe

petve, 2017

'HDU FROOHDJXHV \RX IRU WDNLQJ WKH %DQN $ W WKH RXWVHW OHW PH FRQJUDWXODWH HDFK RQH RI DJDLQ WR WKH SDWK RI SURÀWDELOLW\ LQ LWV ÀUVW TXDUWHU L H -XQH 2XU QHW

SURÀW LV ` FURUH FRPSDUHG ZLWK D ` FURUH ORVV D \HDU DJR 7KH UHFRYHULHV RI EDG ORDQV JDLQV IURP WUHDVXU\ RSHUDWLRQV DQG QHZ EXVLQHVV LQLWLDWLYHV DLGHG WKH SURÀWV 7KHVH UHVXOWV DUH LQGHHG HQFRXUDJLQJ DQG DW WKH VDPH WLPH FKDOOHQJLQJ IRU XV 1RZ ZH KDYH WR NHHS WKH WHPSR PRYLQJ DJJUHVVLYHO\ LQ UHPDLQLQJ WKUHH TXDUWHUV , WKDQN \RX DOO IRU \RXU UHOHQWOHVV HIIRUWV VWHDGLQHVV FRPPLWPHQW GHGLFDWLRQ WRZDUGV \RXU LQVWLWXWLRQ ZKLFK , DP VXUH ZLOO FRQWLQXH IXUWKHU ZLWK VDPH ]HDO I would like to share that we have sought `2500 crore capital from the JRYHUQPHQW WKLV ÀVFDO DQG KDYH SODQV WR UDLVH WKH UHPDLQLQJ IURP WKH PDUNHW :H DUH SODQQLQJ WR VHOO IHZ RI RXU QRQ FRUH DVVHWV WR UDLVH FDSLWDO 2Q EXVLQHVV IURQW \RX DOO DUH DZDUH RI WKH UHFHQW LQLWLDWLYHV L H FUHDWLRQ RI QHZ YHUWLFDOV like ‘Star Prime’ and introduction of Area Manager (Panch Pandavs) under ‘Project Connect – SAMPARK’ 7KH UROHV DQG UHVSRQVLELOLWLHV RI WKHVH QHZ YHUWLFDOV KDYH DOUHDG\ EHHQ FRPPXQLFDWHG 7KH SURFHVV RI GDWD FRUUHFWLRQ DQG RWKHU PHDVXUHV KDYH EHHQ LQLWLDWHG IRU PD[LPL]DWLRQ RI FDSLWDO )XUWKHU ZH KDYH VWDUWHG FXVWRPHU FRQWDFW SURJUDPPH ‘Ghar-Ghar Dastak Mahotsav’ along with organizing of ‘Star Samadhan Camp’ twice every month for faster recovery of NPA and revival of ‘Star Sanjeevani Scheme’ IRU UHFRYHU\ RI VPDOO ORDQV 0RUHRYHU ZH DUH RUJDQL]LQJ YDULRXV FRQFODYHV DQG WUDLQLQJ SURJUDPPHV DFURVV ]RQHV WR VHQVLWL]H RXU VWDII PHPEHUV RQ these aspects through our ‘Star Eklavya’ LQLWLDWLYH 7KHVH LQLWLDWLYHV DUH IXOO\ focused to connect the dots and reconnect with our valued customers and DOO WKH VWDII PHPEHUV 2XU ([HFXWLYH 'LUHFWRUV DQG *HQHUDO 0DQDJHUV KDYH EHHQ SDUWLFLSDWLQJ LQ WKHVH SURJUDPPHV RQ UHJXODU EDVLV WR JLYH PRUH FODULW\ GRZQ WKH OLQH 7R JLYH WKUXVW RQ RXU 6FDOH ,9 9 %UDQFKHV 0HQWRU *HQHUDO 0DQDJHUV DUH ZRUNLQJ ZLWK WKHVH %UDQFKHV XQGHU ¶+XP +RQJH .DP\DDE· &DPSDLJQ , ZKROH KHDUWHGO\ DSSUHFLDWH \RX DOO IRU QRW RQO\ VXSSRUWLQJ EXW also showing great enthusiasm as owner of these efforts and making these LQLWLDWLYHV VXFFHVVIXO DW JURXQG OHYHO )ULHQGV ZH DUH IXOO\ FRPPLWWHG WR LQFUHDVH RXU EXVLQHVV JURZWK DQG PD[LPL]H RXU SURÀW LQ FXUUHQW ÀQDQFLDO \HDU L H :H KDYH FKRVHQ DQ DJJUHVVLYH LQFOXVLYH IRFXV RI HYHU\ EXVLQHVV YHUWLFDO DQG SRVLWLYH DSSURDFK WRZDUGV RXU EXVLQHVV JURZWK :H KDYH UHDOLJQHG PDQ\ EXVLQHVV YHUWLFDOV IRU EHWWHU

¬¸¿™½©¸ / MESSAGE j¦ } Î d « j¦ §Ø j¦ Î Ø y Î } Î ÎÛ d} | ã || j¦ } Î d « dy ¥Ø ¤ d Ø ¥ tÐÛ Û j¦ l i i e¥ l° Û vÖ j¦ } ¥ t { j¦ } ¥ t j¦ } j¦ Ø { o | }° µ l j¦Û eØ z Î Ø | Û Ø k j¦Ø j¦ o j ¦ Îàx }°{ | j¦ ¥ « e| | Û Ø « j ¦ } j ¦ « z | j¦ }Ø Îj¦ j¦ d { } o o ¥ j¦Û q Ø Û Î x Î d} j¦ Ø Îà j¦ }°Ø j¦ t¥j¦ d} | Û | Û Ø « } }°ã Û c l j¦ ¥ j¦ d Î « ܦ z Û } }° }Ø Î «x d l Î Û }° y j¦Ø i| } Ûi Û j ¦ y y | i } q q j¦ j¦| l ã Û « j ¦ d Ø l ¥Ø q | k Ø « q d e¥i e¥ i } Ûi ivÛ oâ ã Ø d ã | eØ z } { | z Ø Î i k z i j¦ · j¦ | q Û Î l x Î q « « l° Îj¦ ÎÛ Ü¦ Ø j¦Û j ¦q Û Î x Î j¦Î| j¦Û d j¦Ø | ÎÛ Î j¦ Î Û ã Û | Û Ø « « ܦ Ø Î Û }°ã Û l° Îj¦ } ÎÛ | ã ¥ j¦ Ø Û Î x d } d} | ã Û l° Îj¦ « j¦ ¥Ï }°z | j¦ «x Î q | Ø Îà j¦ à j ¦l } « Î Ø Ø q Û } Ø ¥| Î Î Î x ¢v ã Û d | Õ « Î Ø Ø q Û } Ø ¥Ø Î | Î x ®Ûj¦ | } Î ÎÛ Î « v q t | | j¦Û Î « d l cÖ z Î x o | }° µ l j¦Û « }°l Ø j ¦ y e j¦ f} l } Î ÎÛ d } ܦ | tÛt j ¦l ܦ | « } Ø ¥Ø Î o j¦ Î x à j ¦l j¦Û z | Cd } j ¦ e « k } j¦ } | j¦Û d cÖ ÎÛ Î x e j ¦ { à j ¦l | z | « « ã Û · Î e¥ Î x e d j¦ ã fu | j ¦ i Î « y vÖ Ît j ¦ o | Î l d d} | l° Îj¦ « j¦ e j ¦ { d { j¦Ø à j ¦l { i }°z | j¦ | j ¦ i | e¥ Ø j¦| Ûj¦Û } Î « j¦ d} | | Î l x Î àj¦ } Î ÎÛ e z « dl° Î o j¦ Î x à | e¥ } ÛcÖÛ j ¦ t ܦ z « e d j¦ ã fu | Ø y l° Îj¦ « « d} | ivÛ Û fØ} z « j¦ }°o j¦ | j¦ d l°Î j¦ Ø Î x d l Û Ø Î « z ã « Ø Î « j¦ Î l x j ¦ Î i ã || j¦ d j¦ d Ø Îàx e i Î « cÖ | Î Ø ã || j¦ ¥¨¦ l° Û k d « « Û Û j¦Û Î Ø j¦ d q Ø j¦ e| d « j¦ ã } ã fu | o Îix Î àj¦ j¦ ¥ j¦ l Û dØ ÛØ Î x e| Õ j ¦ z | Î àj¦ | j¦ Ü¦Û fØ o cÖ z k Îàx Î | dØ ÛØ « d} | Û }° Ø j ¦ Ø d « j¦ ܦ Ø } ¥j¦ Î Î d Î q Ø j ¦ ¦} « fã Îàx Ø Û| z j¦ « ã Û d { j¦ àj¦ j¦ Î Î | j ¦ | Ø r d } ã Û } } ¥ Î d à q | Ø Î j¦ t Ûd e¥ tÛ « ij¦ d Ø | ¥ ÎØ q Ø }° Ï q z Î d Î àj¦ j¦ j¦ Û ã Û }° Ø j ¦ y Ø Î | j¦ | j¦Û Ø k Ø Û Î x Î « à j ¦l fµ l « l Ø | Û ° v j ¦ ¦} } Îo | Û Î q j¦ àj¦ « Î l° Îj¦ « j¦ z ¥Ø Î x Î ÎÛ « Î « d e¥vÛd ÛtÛ ¸ C Ï{ áj§ ¬ j § | d e¦tÜ ej§ t ¡ foo } ~ {} j ¦ i } j¦ }° }Ø Î d Î x àj¦ j¦ q ã | Û Ø j ¦ fØj ¦ t j¦ ¥ | } z| Î Ø ã Ø j¦ j ¦ ¥Øj ¦ t C q ä j§Ü Ù ¦ ~ j§ j ¦ d Ø l ¥Ø ¸Ø Û } j¦ }° }Ø Î d x Î Û l Î} j¦ Ø l j¦ l } « d q Ø « Ûi d i } j¦ Î « °« v l i j ¥¦ t l fØj ¦ tØ j ¦ d Ø l ¥Ø C ¦Ùj § t ~ j§ j¦ d Ø tÐÛ } j¦ }°z | j¦ l Î x r Î j¦ d } j ¦ Î l d }° Ø ·Ø àj¦ ã }°zØ j ¦ d} | y Û } y } } d il i Û ¥ y | } } Î o l Ø y z ã i z « « } zÛz àj¦ j ¦ ¦} « fã l x CÙ ¡l j¦ Î t ܦ z « ¸ } j¦ ¦} } cÖ q Ø Î q « | Ï t ܦ z ã Û Îàx à àj¦ j ¦ j¦ j¦ « d} | y ¥| q Û k | j ¦ i d} | ã Û | Ï t ܦ z « d| { j¦ Ø Î x t ܦ z d} | o d| ã ܦ Ø j¦Û j¦Î | eØ z àj¦ j ¦ d| t ܦ z « j ¦ y r j¦ j¦Ø Îàx d } j¦Û j¦Î | d| t ܦ z « j¦ Î Ø }° Ø Î| }° }°z | j¦ f| j¦ §Ø l Ø d j¦ j¦ j¦ j¦Ø Û Îàx d } j¦ i d } j ¦ } j¦ Î z¥j¦ ã j¦ | i x d } j¦

{Ü} ¡| Ï ~

coordination and faster turnaround time (TAT) and have already outlined VWUDWHJLHV IRU RXU YDULRXV EXVLQHVV YHUWLFDOV YL] ,QWHUQDWLRQDO 5HFRYHU\ 7UHDVXU\ 60( 5XUDO /DUJH &RUSRUDWH 0LG &RUSRUDWH $OWHUQDWH 'HOLYHU\ &KDQQHO ,QIRUPDWLRQ 7HFKQRORJ\ HWF 7KH RXWFRPH RI WKHVH VWUDWHJLHV DUH GLVFXVVHG RQ GDLO\ ZHHNO\ PRQWKO\ EDVLV DW +HDG 2IÀFH :H H[SHFW HDFK vertical to work effectively on their respective strategies and yield fruitful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¶%UDQFK LQ \RXU 0RELOH·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ÀGHQFH RQ HDFK RQH RI \RX DQG , NQRZ WKDW 67$5 %2, 7($0 KDV DQ LQEXLOW :,11(5 LQVWLQFW DQG DELOLW\ WR WXUQ DURXQG WKH %DQN IURP DQ\ DGYHUVH VLWXDWLRQ :H KDYH EHHQ SODFHG FRQWLQXRXVO\ DPRQJVW WKH 0267 75867(' %5$1' LQ WKH %DQNLQJ LQGXVWU\ ZKLFK VKRZV WKH WUXVW RI RXU FXVWRPHUV LQ WKH %DQN 5HFHQWO\ ZH KDYH DOVR UHFHLYHG DZDUG IRU “High Performance IT Ecosystem among Large Banks” IURP ,'5%7 :H KDYH DOVR EHHQ QRPLQDWHG IRU `Rajbhasha Kirti Award' (2nd Prize) for excellent LPSOHPHQWDWLRQ RI 5DMEKDVKD 3ROLF\ LQ WKH %DQN 2XU ,Q +RXVH -RXUQDO ¶7DDUDQJDQ· KDV RQFH DJDLQ FRQIHUUHG ZLWK ,QWHUQDWLRQDO $ZDUG DW WK &02 Asia Awards for excellence in Branding & Marketing ‘Best In-House Magazine’ DW 6LQJDSRUH , DP VXUH WKDW ZLWK \RXU VXSSRUW DQG FRPPLWPHQW %DQN ZLOO ERXQFH EDFN WR LWV SHUPDQHQW SDWK RI SURÀWDELOLW\ DQG ULVH WR WKH SRVLWLRQ RI 7RS DQG PRVW SUHIHUUHG %DQN DFURVV FRXQWU\ DQG DEURDG ‘Taarangan’ LV ZLGHO\ UHDG E\ RXU VWDII LQFOXGLQJ UHWLUHG VWDII , ZLOO XUJH XSRQ DOO P\ UHWLUHG VWDII PHPEHUV WR FRQWLQXH WKHLU VXSSRUW LQ WKH EXVLQHVV JURZWK RI WKH %DQN <RX FDQ VKDUH \RXU YLHZV H[SHULHQFHV VXFFHVV VWRULHV HWF ZLWK WKH VWDII PHPEHUV <RXU VWRULHV FDQ KHOS PRWLYDWH RU LQVSLUH RWKHU VWDII PHPEHUV LQ SHUVRQDO DQG EXVLQHVV JURZWK %HVW :LVKHV WR \RX DQG \RXU IDPLOLHV <RXUV

(Dinabandhu Mohapatra)

Taarangan

June, 2017

5

¬¸¿œ¸¸™ˆÅú¡¸ / EDITORIAL }° } uj¦ «

'HDU 5HDGHUV

Û l Î} j¦ CØ l j¦ | d j¦ d } j ¦ Î y « « Î x q | j¦Û }Ø Ø ÎÛ Î àj¦ j¦Û ¨¦ Û Ø Î « « ij¦ ÎÛ Î x j¦ Ü¦Û Ø Î « j ¦ } Å Ø Î q | j ¦ } « Î o Î « } j¦ | } d e¥ Î x l° Îj¦ « i t ܦ z « q vÖ| Î Ø } | ¡ } j¥¦ } q j¦ | Û Ø « } Ø ¥| i } | l ¥u| i k z j¦ « · j¦ « c Ï Û Ø y i| } Ûi « j¦ Û j ¦ }° Ø d ¨¦ j¦ tj¦ àj¦ « d j¦ z Î j¦ q j¦Ø Î x q Û| Û Ø } Î Û ¥ d { j¦ « j ¦ ¨¦ l ¥z ¥| d §Ø l Ø } j¥¦ | k Ø } j¦ l Ø { « j¦ Ø ^ j¦ Î x Ø ¥ | « ã Û Ø « } Ø Øj¦ j¦Ø j¦Û ã | z k Û q j¦Ø Û Î q | Å Ø ¦} « d l Û « Î j¦ j ¦ i ã z j¦ Î l Ûx

KH QHZ HGLWLRQ RI RXU ,Q +RXVH -RXUQDO ¶7DDUDQJDQ·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ÀFLDO IRU RXU EXVLQHVV JURZWK LQ ORQJ UXQ

í

7

Î ã Û q | Ø Îà j¦ } j ¦ j¦ Û ã Û « j¦ j ¦ :H DOO NQRZ WKDW WR JURZ LQ DQ\ DUHD RI EXVLQHVV i q Ø d l Î Û q vÖ « j¦ Î | dØ Ø ÎØ } ¥ Î x VWURQJ DQG GHHS URRWV DUH RI XWPRVW LPSRUWDQFH Î àj¦ j¦Û vÖÛ k « k i Îà q Î %UDQFKHV DUH UHDO JURZWK HQJLQH IRU RXU EXVLQHVV j ¦ Ø j¦ j¦ e q | Îàx Î Û q vÖ« Îà q |Ϋ q Ø 7KH\ DUH RXU URRWV DQG QHHG WR EH VWUHQJWKHQHG j¦ | j¦Û d j¦Ø Î x Î Û ¥ }° { | | e } j¦ 2XU 7RS 0DQDJHPHQW KDV DOUHDG\ WDNHQ YDULRXV r Ø Î i } Î ÎÛ k d « j¦ q Ø j¦ | j ¦ i steps and have started new initiatives to strengthen ã || f} d | e¥ } Î « }° ã j¦Û Îàx Î q | Ø Îà WKH %UDQFKHV :H NQRZ WKDW %UDQFKHV UXQ HIÀFLHQWO\ j¦ q | k d « j¦ }° { | dØ Ø j ¦ Ø } ¥j¦ Î Ø Î with professional Managers coupled with good Ø y y ÎÛ q Î ÕØj ¦ t l° Îj¦ f} { Î f| FXVWRPHU VHUYLFH ZLOO \LHOG H[FHOOHQW UHVXOWV 7KH Managers are real Leaders; they have to lead from k d « « · Ø Î x }° { j¦ ÎÛ Ø j¦ | Ø WKH IURQW 7KH\ PXVW OHDG E\ H[DPSOHV (YHU\ Î Ø Îà f|Ϋ d l cÖj¦ | Ø Ø j¦ | Î l x f|Ϋ employee whosoever is in the leadership position fz Î | | ÎÛ Î l x }°Ø j¦ j¦ ¥o Û q ã Û | Ø Ø KDV WR SHUIRUP DQG PRWLYDWH KLV WHDP PHPEHU j ¦ } z } Î f fØj ¦ t | } z| j¦ | Î l Ø y d} | :H KDYH EHHQ /HDGHUV WKHUHIRUH OHW XV ZRUN KDUG DQG FRQWLQXH RXU tÛ z « j¦ ã Û }° Ø j¦ | Î l x Î | Ø Ø « Î d l Ϋ Îàx dØ ¡ d ei WUDGLWLRQ RI JHQHUDWLQJ OHDGHUV IRU WKH %DQNLQJ LQGXVWU\ Î j¦ j¦u } à j ¦l fµ l j¦ | Ø Ø z | j¦Û d} | Û } } j¦ d l 7KH HGLWLRQ LQ \RXU KDQG KDV FRYHUHG DOO WKH LPSRUWDQW DFWLYLWLHV cÖ i x d } j¦ à} l i e d j¦ « Î | Ø ÎÛ j ¦ z | d q Ø j¦Û l e¥ ã Û ÎØ } ¥ l Ø { j¦ ¥¨¦ d d| j¦ } Î « j¦ j¦ Î x Î « Î j¦ ã || } Î d « j¦Û Ø Ø j¦ q d } j¦ àj¦ j¦Û | Û Ø « j¦ q | | d r | « d | Û Î l Ûx e j ¦ y ÎÛ e d j¦ « }°j¦ Ø Ø d k Ø ¥ | « } d { Ø Îà d à j ¦l fµ l « Î | Û d| ÎØ } ¥ m t| d « j¦Û q | j¦ Û } } ¥ Îàx Î l Î} j¦ CÙ ¡l j ¦ e d j¦ j¦ ÎØ Ø ÎØ }°j¦ Ø j¦ | « l z | j¦ | Ø k j¦ « j¦ ã Û { | z j¦ Ø Îàx } cÖ| j¦ d | z « d d} | Û }° Ø ¨¦ i +HDG2IILFH 7DUDQJDQ#EDQNRILQGLD FR LQ } d ã q i x

SURJUDPPHV DQG RWKHU EXVLQHVV LQLWLDWLYHV WDNHQ GXULQJ WKH TXDUWHU :H DUH VXUH WKDW ZLWK ZLGH FRYHUDJH RI YDULRXV DVSHFWV \RX ZLOO JHW WR NQRZ DQG XQGHUVWDQG WKH VWUDWHJLHV RI WKH %DQN 0RUHRYHU WKH DUWLFOHV DUH IXOO RI LQIRUPDWLRQ EDVHG RQ FXUUHQW WRSLFV DQG RWKHU LPSRUWDQW HYHQWV KDSSHQLQJ LQ WKH %DQNLQJ LQGXVWU\ :H DOVR WKDQN DOO WKH FRQWULEXWRUV RI WKLV HGLWLRQ IRU PDNLQJ ,Q +RXVH -RXUQDO ‘Taarangan’ FRQWHQW ZLVH ULFKHU (QMR\ UHDGLQJ DQG VHQG \RXU IHHGEDFNV WR +HDG2IÀFH 7DDUDQJDQ# EDQNRÀQGLD FR LQ Yours

d } j¦

( q Ú Ï { j Ü Sartaj Mohd. Shakeel)

6

leejebieCe

petve, 2017

PROJECT CONNECT - SAMPARK

Hearty Welcome to our New Executive Director Mr. Chintapalli Gayatri Chaitanya D SRVWJUDGXDWH LQ DJULFXOWXUH DQG &$,,% MRLQHG %DQN RI ,QGLD DV 3UREDWLRQDU\ DJULFXOWXUDO RIÃ&#x20AC;FHU LQ -XQH He has handled several assignments during KLV \HDUV FDUHHU ZLWK WKH %DQN 3ULRU WR KLV HOHYDWLRQ DV ([HFXWLYH 'LUHFWRU RI %DQN RI ,QGLD 0U &KDLWDQ\D ZDV &KLHI ([HFXWLYH of Bank of India Singapore Centre covering 6LQJDSRUH &DPERGLD 9LHWQDP ,QGRQHVLD 0\DQPDU 6WDUWHG WKH FDUHHU DV DQ DJULFXOWXUDO RIÃ&#x20AC;FHU 0U &KDLWDQ\D KDQGOHG 0DQDJHULDO SRVLWLRQ LQ YDULRXV EUDQFKHV DFURVV WKH ,QGLD WKXV DFTXLULQJ DOO URXQG EDQNLQJ DGPLQLVWUDWLYH NQRZOHGJH +H JRW wide experience in operations as well as in FRQWUROOLQJ RIÃ&#x20AC;FHV 0U &KDLWDQ\D JRW ZLGH overseas experience in various capacities including as a Vice President of New York %UDQFK %HVLGHV LQGHSWK FUHGLW NQRZOHGJH

and experience Mr Chaitanya got very good H[SHULHQFH LQ ,7 $V D WHDP OHDGHU KH ZDV instrumental in successful implementation of migration systems from Midas to Midas 3OXV LQ 1HZ <RUN 0U &KDLWDQ\D LV WKH NH\ SHUVRQ ZKR VWDUWHG the Syndication cell as a separate department LQ %DQN RI ,QGLD +H DOVR JRW ZLGH H[SHULHQFH in Project Finance with Technical Appraisal 'HSDUWPHQW ,Q WKH SURFHVV KH JDLQHG YDVW H[SHULHQFH LQ 3RZHU 5RDG 6WHHO ,QIUD DQG 0DQXIDFWXULQJ VHFWRUV 0U &KDLWDQ\D DOVR KHOG DV KHDG RI FRUSRUDWH FUHGLW EUDQFK $V &KLHI ([HFXWLYH RI 6LQJDSRUH &HQWUH KH LQLWLDWHG YDULRXV PHDVXUHV YHU\ HIIHFWLYHO\ LQFOXGLQJ UHJXODWRU\ FRPSOLDQFHV $0/ &)7 0U &KDLWDQ\D KDV EHHQ HOHYDWHG DV ([HFXWLYH 'LUHFWRU RI %DQN RI ,QGLD ZLWK HIIHFW IURP WK 2FWREHU

Area Managers & Star Prime Conclave @ MDI, Belapur 0' &(2 6KUL 'LQDEDQGKX 0RKDSDWUD ('V 6KUL 'DPRGKDUDQ 1 6KUL $WDQX 'DV DORQJ ZLWK *0·V DW Area Managers & Star Prime &RQFODYH FRQGXFWHG DW 0', Belapur

Area Managers & Star Prime Conclave @ Chennai

0' &(2 6KUL 'LQDEDQGKX 0RKDSDWUD DGGUHVVLQJ WKH VWDII PHPEHUV GXULQJ WKH $UHD 0DQDJHUV 6WDU 3ULPH &RQFODYH FRQGXFWHG DW &KHQQDL (' 6KUL 5$ 6DQNDUD 1DUD\DQDQ *0 3ODQQLQJ 6KUL 5 6 &KRXKDQ *0 1%* 6 6KUL 5DM .XPDU 0LWUD *0 6WDU 3ULPH 6KUL $ . -DLQ DUH DOVR SUHVHQW

Taarangan

June, 2017

7

PROJECT CONNECT - SAMPARK

MD & CEO @ Narmada Jhabua Gramin Bank

%XVLQHVV )RFXV $UHDV RI WKH EDQN VKRXOG EH RQ ,QIRUPDWLRQ 7HFKQRORJ\ +HDG RIÃ&#x20AC;FH RI 1DUPDGD -KDEXD *UDPLQ Risk Management & Human Resource %DQN 6KUL . 9 5DJKDYHQGUD DQG RWKHU ZLWK JUHDW HPSKDVLV RQ +5' HVSHFLDOO\ NJGB Staff welcomed Shri Mohapatra RQ 6WDII 7UDLQLQJ +H VDLG ´%DQN RI WR 1-*% +HDG 2IÃ&#x20AC;FH 6KUL 0RKDSDWUD ,QGLD KDV D JORULRXV SDWK DQG D EUDQG emphasized to create new avenues for LPDJH QRW RQO\ LQ ,QGLD EXW DEURDG DOVR

6 KUL 'LQDEDQGKX 0RKDSDWUD 0' &(2 RI %DQN RI ,QGLD YLVLWHG

6XQ QHYHU VHWV LQ %DQN RI ,QGLD :H KDYH WR FKDQJH ZLWK WKH FKDQJH LQ WLPH µ Shri Mohapatra appreciated NJGBs SHUIRUPDQFH HVSHFLDOO\ LWV XQLTXH SRVLWLRQ RI *URVV 13$ DW DQG D 1HW 13$ 3RVLWLRQ RI DQG ZLVKHG WKH 55% WR VFDOH QHZ KHLJKWV 6KUL Mohapatra also complimented the Bank for having conferred with 18 Awards so IDU $W WKH HQG RI WKH PHHWLQJ 0' DQG &(2 IHOLFLWDWHG VRPH JRRG SHUIRUPHUV of the Bank their extra ordinary efforts/ $FKLYHPHQWV 6KUL ' 3 6KDUPD *0 NBG Central and Shri S K Vohra-ZM Indore Zone were also present on the RFFDVLRQ

Area Managers & Star Prime Conclave @ Kolkata 6SHDNLQJ RQ WKH RFFDVLRQ 0' &(2 VSRNH DW OHQJWK RQ WKH YDULRXV LVVXHV FRQFHUQLQJ %DQN +H FDOOHG XSRQ HYHU\ HPSOR\HH WR FRPH IRUZDUG DQG JLYH WKHLU EHVW GXULQJ WKLV FKDOOHQJLQJ SKDVH RI WKH %DQN +H HODERUDWHG RQ WKH FRQFHSW DQG GZHOO XSRQ PRUH SRVLWLYH EXVLQHVV DSSURDFK

nder the new concept of Area Managers and Star 3ULPH WKH FRQFODYH IRU EHWWHU understading of this new initiative and to cater more EXVLQHVV XQGHU WKLV GULYH ZDV FRQGXFWHG DW .RONDWD ,W ZDV also a step to motivate all employees under Project FRQQHFW 6DPSDUN E\ WKH 7RS 0DQDJHPHQW 0' &(2 6KUL 'LQDEDQGKX Mohapatra inaugurated the FRQFODYH (' 6KUL $ . 'DV GM (Planning) Shri R S

8

8

leejebieCe

&KRXKDQ *0 6WDU 3ULPH

Shri A K Jain were also present along with GM NBG ( 6KUL 6 . $JJUDZDO =RQDO 0DQDJHUV RI .RONDWD +RZUDK %KXEDQHVZDU .HRQMKDU 6LOLJXUL *XZDKDWL DQG %DUGKDPDQ =RQHV 'HSXW\ *HQHUDO 0DQDJHUV RI 1%* (DVW DQG $UHD 0DQDJHUV RI $UHD 2IÃ&#x20AC;FHV ORFDWHG DW .RONDWD +RZUDK %DUGKDPDQ 6LOLJXUL DQG Guwahati attended the FRQFODYH

petve, 2017

Bank donated Ambulance to Bharat Sevashram Sangha under CSR

0' &(2 6KUL 'LQDEDQGKX 0RKDSDWUD KDQGLQJ RYHU $PEXODQFH Keys to Swamiji of Bharat Sevashram Sangha in the presence of (' 6KUL $WDQX .XPDU 'DV *0 1%* ( 6KUL 6 . $JJDUZDO *0 3ODQQLQJ 6KUL 5 6 &KRXKDQ DQG *0 6WDU 3ULPH 6KUL $ . -DLQ

}° q §t j¦| §t } j¥¦

ä ~ ¬ ~± ¡| j§ i ¡ t ~± e¦ } j§ d q }

}° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } j¦ t ܦ }° t ܦ }° Î µ d o j¦ j¦ ¥ j ¦ d { j¦ « j ¦ y }° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } x Î µ j ¦ ã l « l Ø x

j¦ j ¦ }° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } àj¦ j ¦ f} y Ø o | Ø « } Ø }°j¦ v Ø Î i Û Î } i j¦ ¥} j¦ | z j¦ Û | Û z z | | ã } d o j¦ z | àj¦ ¸ d l Û « fu i q | }°l Ø Û j¦z « j¦Û q | j¦ Û j¦ x d} | ã } }° j ¦ z | zÛx Û Î } j¦Û }° y j¦Ø àj¦ f|Î | | | à j ¦l l° } { j ¦ i e j ¦ l° Îj¦ « j¦Û f|| Ø Ø y e| j ¦ d Ø l ¥Ø d | { }°z i l q Ø « { z j ¦ Õl Û d y ¥j¦ j¦ y Ø d o « j ¦ d o j¦ }° { j¦ Ø y « àj¦ j¦Û Îã l Ø | Å Ø j¦ | Î x }° { j¦ « j¦Û tÛ j¦ { Ø j¦ x f|Î | d} | fz¤ { | « Ø ¥ | j¦ ¥ « àj¦ « k z i i i e¥ Û Î } | àj¦ j¦Û j¦ ¥ j ¦ Ø « « · i| } Ûi Û v q t fÏ Ï }°l Ø j ¦ i Î Ø }° l Û à j ¦l j¦ }°o }° j¦ | } q × z x j¦z fu i Îàx e| « CC}° q §t j¦| §t } j¥¦

i CC t }° e

j ¦ d Ø l ¥Ø }° { j¦ « d { j¦ « j¦ { Ø j¦ Ø Î i }° { | z j¦ i k Û z z | | ã Û d} | fz¤ { | « z j ¦ Õl Û j¦ àj¦ j¦Û }° Ø ·Ø j¦ k d « j ¦ | i oo « j¦ l u| ij¦ j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } x z Î x d l Ø j¦ d Ø y « j¦ l Ø ÎØ } ¥ i ÎØ j¦ Û q | Î x e |

| à

j ¦ l l° } { j ¦ Î }° { j¦ Û z «|® } ¥ | j¦ x e q | j ¦ d Ø l ¥Ø d | }° { j¦ « i d { j¦ « j ¦ l ¥ | z ¥ | i }° Î Ø ã } d o j¦Û d Î y Ø }° Î µ « ij¦ j¦ ¥¨¦ « àj¦ j ¦ Î }° { j¦ Û d i o Î | Î }° { j¦ t }° e¥

z Û j¦ ¥¨¦ d q Ø j¦ l y x e j¦ ¥¨¦ j ¦ d Ø l ¥Ø }° { Û i j ¦ q | t ܦ }° Î µ j ¦ }° o ¥ Û i j ¦ z | ã } | z j¦ Û Î } i j¦ ¥} j¦ | z j¦ Û z z | | d} | o d o j ¦ d o j¦ }° { j¦ Û Î l Ø y | | à j ¦l l° } { j ¦ §Ø j¦i i f} y Ø d { j¦ « j¦ z | z ¥ | j¦ x Ø ¥ | « Ø d o « j ¦ d o j¦ }° { j¦ f} y Ø y x

à

Congratulations

RETIRED GENERAL MANAGERS (April A - October, 2017) 2017)

Shri R A Sankara Narayanan (OHYDWHG WR WKH SRVW RI 0' &(2 9LMD\D %DQN Sheela Subhash hash Sail Subhash Chandra Modi Mukul Kumar Srivastava Sengoda Gounder Palanivel Sushil Kumar Kasliwal

u u u u

Ramesh Man Manohar Kadam Ganesan Rajamani Sanjay Pawar Sudhakar Narayan Kaimal

Shri Kulbhushan Jain (OHYDWHG WR WKH SRVW RI ([HFXWLYH 'LUHFWRU $QGKUD %DQN

u u u u u

Best wishes from ‘BOI Parivar’

BOI Parivar wishes all of them a very Happy, Peaceful, Healthy and Contended Retired Life.

Taarangan

June, 2017

PROJECT CONNECT - SAMPARK

Executive Director Shri Neelam Damodharan @ Ahmedabad

([HFXWLYH 'LUHFWRU % DQN·V 6KUL 1HHODP 'DPRGKDUDQ YLVLWHG

&KDQQHO 13$ UHFRYHU\ LQFUHDVLQJ 5HWDLO DQG 60( EXVLQHVV HWF (' 'DPRGKDUDQ VDLG ´7KH %2, FXOWXUH LV QRW RQH FUHDWHG RYHUQLJKW EXW SDVVHG down generations forming part of a OHJDF\ µ ,Q KLV PRWLYDWLQJ VSHHFK WR VWDII KH VDLG WKHUH LV QR GRXEW WKDW HPSOR\HHV DUH WKH EHVW EUDQG DPEDVVDGRUV IRU DQ\ LQVWLWXWLRQ %DQN RI ,QGLD·V KHULWDJH DQG

GHYHORSPHQW RI EDQN DQG LWV FXVWRPHUV DV ZHOO DV SDUWLFLSDWLRQ RI WKH EDQN LQ overall economic development through LW +H DOVR ODLG VWUHVV RQ SURPRWLRQ RI GLJLWDO EDQNLQJ $OWHUQDWLYH 'HOLYHU\

UHSXWDWLRQ RYHU WKH \HDUV KDYH EHHQ EXLOW XSRQ WKH URFN VROLG IRXQGDWLRQ RI LWV HPSOR\HHV DQG WKHLU FXOWXUH ,W LV VDLG WKDW ´&KDQJHµ LV WKH RQO\ FRQVWDQW SKHQRPHQRQ %R,·V HQGHDYRXU KDV

$KPHGDEDG 5DMNRW 9DGRGDUD 'XULQJ KLV YLVLW KH DGGUHVVHG WKH VWDII PHPEHUV RI %2, LQ WRZQ KDOO PHHWLQJ +H PHW SRWHQWLDO 9DOXHG &XVWRPHUV DQG KDG D GLVFXVVLRQ ZLWK YDULRXV EUDQFK RIÃ&#x20AC;FLDOV DQG 0DQDJHUV RI $KPHGDEDG *DQGKLQDJDU 5DMNRW 9DGRGDUD =RQHV He gave eminence to progress and

W

O ELC

Vinod C Dixit 1%* &HQWUDO $KPHGDEDG

ME NEW N E GENERAL MANAGERS (April - October, 2017)

Rajendra N Harichandan

Arun Kumar Mandal

Ajay Kumar Sahoo

Parshuram Panda

10

DOZD\V EHHQ WR DGDSW WR WKH ´&KDQJHµ LQ RSHUDWLYH HQYLURQPHQW E\ FRQYHUWLQJ LW LQWR DQ RSSRUWXQLW\ IRU JURZWK *0 1%* &HQWUDO 6KUL ' 3 6KDUPD KLJKOLJKWHG 1%* &HQWUDO·V SHUIRUPDQFH ZKLFK FRPSULVHV =RQHV YL] LQ *XMDUDW State & 4 in Madhya Pradesh with 836 %UDQFKHV +H VDLG 1%* &HQWUDO KDV crossed ` &UV RI %XVLQHVV 0L[ DQG KDV UDQNHG 723 LQ 3$1 ,1',$ LQ PDMRU %XVLQHVV 3DUDPHWHUV %DQN KDV HDUQHG DQ HQYLDEOH QDPH IRU H[FHOOHQW FXVWRPHU VHUYLFH SURIHVVLRQDOLVP DQG KDV SKHQRPHQDO FRQWULEXWLRQV LQ WKH JURZWK RI RXU HFRQRP\ ZKHWKHU LW EH IRU $JULFXOWXUH GHYHORSPHQW LQ WKH UXUDO DUHD ,QGXVWULHV RU LQ WKH Ã&#x20AC;HOG RI infrastructure and in the assistance of SURMHFWV RI QDWLRQDO LPSRUWDQFH

leejebieCe

petve, 2017

Sunil Kumar Relan

K Rajaraman

Chandra Shekhar Sahay Shanker Prasad

Milind Madhav Vaidya

Arun Kumar Jain

Goura Hari ari Sarangi

Executive Director Shri Atanu Das @ Ludhiana Zone

([HFXWLYH 'LUHFWRU 6KUL $WDQX 'DV YLVLWHG /XGKLDQD =RQH +H UHYLHZHG WKH EXVLQHVV SURJUHVV RI WKH EUDQFKHV DQG JXLGHG WKHP UHJDUGLQJ WKH SULRULWLHV RI WKH EDQN IRU EXVLQHVV JURZWK ZKLFK LQFOXGHV 13$ UHFRYHU\ &$6$ JURZWK DQG LQFUHDVLQJ OHQGLQJ LQ UHWDLO FUHGLW KRPH ORDQV YHKLFOH ORDQV LQFUHDVLQJ SULRULW\ VHFWRU OHQGLQJ L H DJULFXOWXUH DQG 60( +H HPSKDVL]HG WR SXEOLFL]H WKH VSHFLDO VFKHPHV RI WKH EDQN DYDLODEOH IRU IDUPHUV DQG VPDOO HQWHUSULVHV

Executive Director Shri R A Sankara Narayanan @ Bengaluru Zone

([HFXWLYH 'LUHFWRU 6KUL 5 $ 6DQNDUD 1DUD\DQDQ YLVLWHG %HQJDOXUX =RQH DORQJ ZLWK *HQHUDO 0DQDJHU 1%* 6RXWK 6KUL 5 . 0LWUD 'XULQJ WKH YLVLW (' LQWHUDFWHG ZLWK WKH VWDII PHPEHUV DQG FXVWRPHUV DQG SXW IRUWK WKH FXUUHQW DQG IXWXUH EXVLQHVV JURZWK VWUDWHJLHV RI WKH %DQN $URXQG HPLQHQW FXVWRPHUV LQFOXGLQJ 0' RI %HQJDOXUX 0HWUR 5DLO &RUSRUDWLRQ %05&/ DQG 0' RI 1LUDQL 6XJDUV ZHUH SUHVHQW RQ WKH RFFDVLRQ

CSR initiative by BOI Shareholding Limited - Donation to Charitable Hospital run by Ramakrishna Sarada Mission Matri Bhavan at Kolkatta %DQN XQGHU LWV &65 LQLWLDWLYH JDYH GRQDWLRQ WR &KDULWDEOH +RVSLWDO UXQ E\ 5DPDNULVKQD 6DUDGD 0LVVLRQ 0DWUL %KDYDQ DW .RONDWWD 6KUL 6XULHQGHU .XPDU $JJDUZDO *HQHUDO 0DQDJHU 1DWLRQDO %DQNLQJ *URXS (DVW

KDQGHG RYHU D FKHTXH IRU ` ODNK WR WKH 6HFUHWDU\ RI 5DPDNULVKQD 6DUDGD 0LVVLRQ 0DWUL %KDYDQ DW D VPDOO IXQFWLRQ KHOG DW 0LVVLRQ·V SUHPLVHV 7KH DVVLVWDQFH ZDV JLYHQ IRU JHWWLQJ WZR $XWRPDWLF 6WHULOL]HUV IRU WKH $XWRFODYH XQLW RI WKH FKDULWDEOH KRVSLWDO 7KH GRQDWLRQ ZDV JUDQWHG XQGHU &65 DFWLYLW\ RI %2, 6KDUHKROGLQJ /WG *0 1%* ( 6KUL 6 . $JJDUZDO SUHVHQWLQJ FKHTXH WR 3UDYUDMLND $QLUYDQDSUDQD 6HFUHWDU\ 5DPDNULVKQD 6DUDGD 0LVVLRQ 0DWUL %KDYDQ 3UDYUDMLND $ORNDSUDQD $VVW 6HFUHWDU\ 5DPDNULVKQD 6DUDGD 0LVVLRQ 0DWUL %KDYDQ LQ WKH SUHVHQFH RI *0 0' %2, 6KDUHKROGLQJ /WG 6KUL %LNDV &KDNUDEDUWL DQG RWKHU RIÃ&#x20AC;FLDOV RI %DQN RI ,QGLD

Taarangan

June, 2017

11

PERSONALITY

CVC - always protects BONAFIDE DECISIONS

Vigilance Commission is the & entral Apex Anti-Corruption Institution

RI WKH FRXQWU\ YHVWHG ZLWK SRZHUV WR LQTXLUH RU FDXVH LQTXLULHV WR EH FRQGXFWHG LQWR RIIHQFHV DOOHJHG WR KDYH EHHQ committed under the Prevention of &RUUXSWLRQ $FW E\ FHUWDLQ FDWHJRULHV RI SXEOLF VHUYDQWV RI WKH &HQWUDO *RYHUQPHQW &RUSRUDWLRQV &RPSDQLHV 6RFLHWLHV DQG ORFDO DXWKRULWLHV RZQHG RU FRQWUROOHG E\ WKH Central Government and for overseeing and implementing policies relating to YLJLODQFH DGPLQLVWUDWLRQ 7KH )XQFWLRQV and Powers of the Central Vigilance Commission is envisaged in the Central 9LJLODQFH &RPPLVVLRQ $FW 7KH (GLWRU RI ,QGLDQ %DQNHU PHW 0U %KDVLQ Here are some of the excerpts of the LQWHUYLHZ JLYHQ E\ 0U %KDVLQ Q.1 What are your views on present vigilance and anti-corruption mechanism in Banking and Insurance Sectors?

Ans. 'HSDUWPHQW RI )LQDQFLDO 6HUYLFHV in consultation with the Commission has SRVWHG D &KLHI 9LJLODQFH 2IĂ&#x20AC;FHU LQ HDFK RI WKH 3XEOLF 6HFWRU %DQN ,QVXUDQFH &RPSDQ\ 7KHUH LV D YHU\ VWURQJ vigilance set up and administration PHFKDQLVP LQ 3XEOLF 6HFWRU %DQNV DQG /LIH 1RQ OLIH ,QVXUDQFH &RPSDQLHV $OO WKH 3XEOLF 6HFWRU %DQNV KDYH SXW in place a Board approved Staff

Accountability Policy. (DFK RI WKHP have an Internal Advisory Committee (IAC) comprising of Four/Five RSHUDWLRQDO *HQHUDO 0DQDJHUV ZKR ORRN LQWR WKH DVSHFW RI VWDII DFFRXQWDELOLW\ LQ FDVHV RI IUDXGV 13$V PLVFRQGXFWV DQG LUUHJXODULWLHV 7KH ,$& 5HSRUW LV H[DPLQHG E\ WKH FRPSHWHQW 'LVFLSOLQDU\ $XWKRULW\ '$ WR GHFLGH ZKHWKHU WKH misconduct warrants action under Major RU 0LQRU 3HQDOW\ 3URFHHGLQJV '$¡V UHSRUW LV H[DPLQHG E\ &92 ZKHWKHU LW KDV 9LJLODQFH $QJOH RU QRW &DVHV RI 6FDOH 9 $*0 DQG DERYH DUH UHIHUUHG WR WKH &RPPLVVLRQ IRU DGYLFH Within the Commission, we have four Top 0DQDJHPHQW *UDGH *0 '*0 OHYHO Advisors (Banking) on deputation IURP IRXU ODUJH %DQNV DPRQJ ZKRP WKH &RPPLVVLRQ KDV DOORFDWHG YDULRXV 3XEOLF Sector Banks and Insurance Companies IRU H[DPLQDWLRQ RI FDVHV 6R DOO VXFK FDVHV UHFHLYHG IURP &92V DUH H[DPLQHG E\ $GYLVRUV %DQNLQJ DQG SXW XS WKURXJK WKH $GGO 6HFUHWDU\ 6HFUHWDU\ WR WKH &RPPLVVLRQ 8QGHU 6HFWLRQ

E RI WKH &9& $FW RQH 0HPEHU DSSRLQWHG E\ +RQ¡EOH 3UHVLGHQW RI ,QGLD RXW RI WKUHH LQ WKH &RPPLVVLRQ is having expertise and experience in Ă&#x20AC;QDQFH LQFOXGLQJ LQVXUDQFH DQG EDQNLQJ ODZ YLJLODQFH DQG LQYHVWLJDWLRQ 8QGHU 6HFWLRQ RI &9& $FW WKH GHFLVLRQV WDNHQ E\ WKH &RPPLVVLRQ DUH XQDQLPRXV RU E\ RSLQLRQ RI WKH PDMRULW\ 6R DW HDFK OHYHO ZLWKLQ WKH SXEOLF VHFWRU EDQNV LQVXUDQFH FRPSDQLHV DQG &9& SURSHU DSSOLFDWLRQ of mind is ensured to accord justice with HTXLW\ DQG SULQFLSOHV RI QDWXUDO MXVWLFH The advice of CVC is recommendatory LQ QDWXUH DQG WKH '$ DV D TXDVL MXGLFLDO DXWKRULW\ KDV IXOO OLEHUW\ WR GHFLGH DFWLRQ on each case on its individual merits EDVHG RQ GRFXPHQWDU\ HYLGHQFH LQTXLU\ SURFHHGLQJV

leejebieCe

petve, 2017

Here I would like to make a mention of D YHU\ LPSRUWDQW MXGJHPHQW RI +RQ¡EOH Supreme Court of India in Criminal and Connected Writ Petition â&#x20AC;&#x153;CBI vs.

Ramesh Gelli & Othersâ&#x20AC;?, delivered on ZKHUHLQ WKH $SH[ &RXUW KDV ruled that the Chairman, Managing 'LUHFWRUV DQG 2IĂ&#x20AC;FHUV RI D SULYDWH bank are public servants for the purpose of Prevention of Corruption Act, 1988 $V SHU WKLV ODQGPDUN judgement: Â&#x2021; $OO RIĂ&#x20AC;FLDOV ZRUNLQJ LQ WKH %DQNV operating under RBI license would EH GHĂ&#x20AC;QHG DV SXEOLF VHUYDQWV XQGHU 3& $FW Â&#x2021; 7KH $SH[ &RXUW KHOG WKDW EDQN HPSOR\HHV SULYDWH RU SXEOLF GLVFKDUJH D SXEOLF GXW\ DQG DUH WKHUHIRUH DPHQDEOH WR MXULVGLFWLRQ RI WKH 6SHFLDO /DZ

With several high-ticket alleged IUDXGV FRPLQJ WR IRUH WKH &HQWUDO Vigilance Commission has now made it Â&#x2021; 6HFWLRQ $ RI WKH %DQNLQJ Regulation Act says that Bank PDQGDWRU\ IRU &92V RI SXEOLF VHFWRU RIĂ&#x20AC;FLDOV DUH GHHPHG WR EH SXEOLF EDQNV WR UHSRUW WR LW DOO VXFK PDWWHUV RIĂ&#x20AC;FLDOV involving frauds of over ` FURUH 7KH EDQNV ZLOO DOVR QRZ KDYH WR UHSRUW WKH

6RXUFH 7KH ,QGLDQ %DQNHU -XO\ 3XEOLVKHG E\ ,%$

12

modus operandi of all the alleged frauds to the CVC so that timely systemic LPSURYHPHQWV DUH EURXJKW LQ WR SUHYHQW further perpetration of such frauds LQ WKH %DQNLQJ 6\VWHP &RPPLVVLRQ KDV DOVR REVHUYHG WKDW WKHUH ZHUH QR effective provisions for regulating the conduct and discipline for Whole Time 'LUHFWRUV :7'V LQ 3XEOLF 6HFWRU %DQNV L H IRU &KDLUPHQ 0'V ('V ')6 KDV EHHQ DGYLVHG WR SXW LQ SODFH QHFHVVDU\ PHFKDQLVP IRU HQDEOLQJ SURYLVLRQV WR KDQGOH PLVFRQGXFWV E\ :7'V LQ WKH 5XOHV 5HJXODWLRQV DV RQ WKH OLQHV SUHYDLOLQJ LQ &36(V 6LPLODUO\ WR Ă&#x20AC;QH WXQH WKH V\VWHP RI HPSDQHOPHQW DSSRLQWPHQW DOORFDWLRQ RI ZRUN DQG WLPHO\ VXEPLVVLRQ RI UHSRUWV E\ WKH 6XUYH\RUV LQ ,QVXUDQFH 6HFWRU UHFHQWO\ the Commission held discussions with *,36$ ')6 &0'V &92V RI 3XEOLF 6HFWRU 1RQ /LIH ,QVXUDQFH &RPSDQLHV IRU UHGHĂ&#x20AC;QLQJ DQG VWDQGDUGLVLQJ WKH 623V

Q.2 What steps are being taken to reduce delay in vigilance cases?

Ans. 7KH SHQGHQF\ RI YLJLODQFH FDVHV as per the records of Commission is PDGH DYDLODEOH WR DOO WKH RUJDQL]DWLRQV RQ WKH ZHE SRUWDO DQG WKH 9LJLODQFH 2IÃ&#x20AC;FLDOV RI DOO RUJDQL]DWLRQV DUH advised to regularly peruse the same DQG WDNH UHTXLUHG UHPHGLDO VWHSV WR FOHDU WKH SHQGHQF\·V DQG WDNH WKH VDPH WR ORJLFDO FRQFOXVLRQ DV SHU SUHVFULEHG WLPHOLQHV $SDUW IURP WKLV WKHUH DUH UHJXODU PHHWLQJV EHWZHHQ WKH RIÃ&#x20AC;FLDOV of the Commission and personnel of UHVSHFWLYH RUJDQL]DWLRQV WR GZHOO RQ WKH SHQGHQF\ DQG WDNH UHTXLUHG PHDVXUHV There are also periodical review meetings DQG $QQXDO 6HFWRULDO 5HYLHZ PHHWLQJV which among others also address the SHQGHQF\ ,W LV EHLQJ VWULYHG WR HQKDQFH WKH VNLOO OHYHOV RI WKH 9LJLODQFH RIÃ&#x20AC;FLDOV DW DOO RUJDQL]DWLRQV E\ H[SRVLQJ WKHP to various training programmes within ,QGLD DQG DOVR RYHUVHDV VR DV WR HQDEOH them to function in more effective PDQQHU Q.3 Recently, the Government has brought out an order to amend the Banking Regulation Act to deal with NPA problem. What are your views on this?

Ans. +RQ·EOH 3UHVLGHQW RI ,QGLD KDV accorded his consent for the Banking 5HJXODWLRQV $PHQGPHQW 2UGLQDQFH RQ 0D\ WR DFFHOHUDWH UHVROXWLRQ RI QRQ SHUIRUPLQJ DVVHWV 13$V RU EDG ORDQV FORJJLQJ WKH ,QGLDQ EDQNLQJ V\VWHP 7KH WKUHH NH\ PHDVXUHV proposed in the ordinance are: L 7KH JRYHUQPHQW PD\ DXWKRULVH WKH Reserve Bank of India (RBI) to LVVXH GLUHFWLRQV WR EDQNV WR LQLWLDWH insolvency proceedings against GHIDXOWHUV XQGHU WKH EDQNUXSWF\ FRGH LL 5%, RQ LWV RZQ DFFRUG FDQ LVVXH GLUHFWLRQV WR EDQNV IRU UHVROXWLRQ RI VWUHVVHG DVVHWV LLL 5%, PD\ IRUP FRPPLWWHHV ZLWK PHPEHUV LW FDQ FKRRVH WR DSSRLQW WR DGYLVH EDQNV RQ UHVROXWLRQ RI VWUHVVHG DVVHWV 7KH DERYH PHDVXUHV JLYH WKH 5%, DQG the central government powers to act

VWURQJO\ DJDLQVW DQ\ FRPSDQ\ ZKLFK KDV GHIDXOWHG RQ LWV ORDQV (DUOLHU WKH EDQNV WKDW ZHUH SDUW RI D FRQVRUWLXP IRXQG LW GLIÃ&#x20AC;FXOW WR WULJJHU EDQNUXSWF\ SURFHHGLQJV 7KLV RUGLQDQFH DWWHPSWV WR VROYH WKDW SUREOHP ZLWK 5%, GLUHFWLQJ EDQNV WR FROOHFWLYHO\ LQLWLDWH LQVROYHQF\ proceedings in a transparent and marketGHWHUPLQHG DSSURDFK 7KH LQVROYHQF\ DQG EDQNUXSWF\ FRGH LV D WLPH ERXQG process and seeks to reduce the time for resolving a default case to less than a year as against the average time taken RI PRUH WKDQ IRXU \HDUV FXUUHQWO\ 7KH REMHFWLYH LV WR VWUHQJWKHQ DQG YLUWXDOO\ give a stamp of approval to the Regulator WR LQLWLDWH UHVROXWLRQ SURFHVV

WDNHQ XS E\ &RPPLVVLRQ RU &%, DUH YHU\ UDUH DQG PLQLVFXOH DV FRPSDUHG WR ZKDW LV UHFHLYHG E\ &RPPLVVLRQ ZLWK WKH FRQVHQVXV UHFRPPHQGDWLRQV RI '$ &92 Commission is always open to taking steps for cutting down the delays in GLVSRVDO RI YLJLODQFH FDVHV E\ PRUH FORVHU FR RUGLQDWLRQ EHWZHHQ WKH RIÃ&#x20AC;FLDOV RI WKH &RPPLVVLRQ DQG &92V DQG DOVR E\ LPSURYLQJ WKH TXDOLW\ RI investigation and effective conduct of LQTXLULHV Q.5 Very high NPAs in Public Sector Banks have attracted considerable media attention. What can be done to tackle this problem?

Q.4 It is being said that one of the reasons to bring this amendment Ans. , ZRXOG VD\ WKDW *RYHUQPHQW empowering the RBI was the fear 3ROLF\ PDNHUV 5HJXODWRU &9& &%, DQG of the bank management regarding (' DUH DOO GHHSO\ FRQFHUQHG ZLWK ULVLQJ vigilance agencies. Do you think QXPEHU RI IUDXGV DQG 13$V LQ %DQNLQJ WKHUH LV VRPH WUXVW GHÃ&#x20AC;FLW EHWZHHQ V\VWHP 7KH 13$ LVVXH KDV ZLGHU vigilance agencies on the one hand LPSOLFDWLRQV EHFDXVH GXULQJ WKH WLPHV and bank management when seemingly high growth on the other? What rates were achieved in your view, needs during the earlier to be done to SDUW RI WKLV GHFDGH The Functions overcome such a SUREDEO\ WKH and Powers of situation? credit appraisal the Central Vigilance standards were Ans. , GRQ·W WKLQN Commission is envisaged FRPSURPLVHG CVC has ever acted in the Central Vigilance resulting into DJDLQVW ERQDÃ&#x20AC;GH Commission Act, formation of EXVLQHVV GHFLVLRQV EXEEOHV ZKLFK 2003.

The Editor of RI %DQNHUV :KDW KDYH EXUVW QRZ Indian Banker met the Commission Complimentary Mr. Bhasin. says is to follow a WR WKLV WKHUH ZHUH MXVW WUDQVSDUHQW DQG several issues in HTXLWDEOH SURFHVV WR various policies relating VFLHQWLÃ&#x20AC;FDOO\ ZRUN RXW WKH WR PLQLQJ WHOHFRP UHDOLVDEOH YDOXH RI WKH WUDQVDFWLRQ E\ SRZHU URDGV KLJKZD\V LQIUDVWUXFWXUH SURSHU SULFH GLVFRYHU\ 7KH DQDO\VLV RI VHFWRUV HWF ZKLFK OHG WR RYHU OHYHUDJLQJ records reveal that the so-called fear of RI EDODQFH VKHHWV DQG UHVXOWDQW MXPS LQ WKH EDQN PDQDJHPHQWV UHJDUGLQJ RYHU 13$V EHFDXVH RI QRQ UHSD\PHQW RI DFWLYLVP E\ WKH YLJLODQFH DJHQFLHV LV LOO %DQN GXHV RQ WLPH +RZHYHU UDWKHU IRXQGHG DQG QRW VXSSRUWHG E\ VWDWLVWLFV WKDQ UHFRJQLVLQJ WKHP DV 13$ GHHS RI WKH FDVHV KDQGOHG LQ &RPPLVVLRQ long restructuring was done from the 7R WKH FRQWUDU\ &RPPLVVLRQ WDNHV D \HDU RQZDUGV DQG D QHZ FDWHJRU\ YHU\ FDUHIXO FDXWLRXV FRQVLGHUDWH DQG RI UHVWUXFWXUHG DVVHWV ZDV FUHDWHG ZLWK GRFXPHQWDU\ HYLGHQFH EDVHG GHFLVLRQ D GLIIHUHQWLDO WUHDWPHQW LQ DFFRXQWLQJ which is evident from the fact that CVC so as to avoid declaring them NPA KDV GHFOLQHG VDQFWLRQ IRU SURVHFXWLRQ LPPHGLDWHO\ DW WKDW WLPH 2QFH WKH in the case of difference of opinion UHSD\PHQWV VWDUWHG IDOOLQJ GXH WKHVH EHWZHHQ &%, '$ LQ UHVSHFW RI deep long restructured accounts have RI WKH FDVHV LQ WKH FDOHQGDU \HDU HQPDVV VOLSSHG LQWR 13$ SHUKDSV )XUWKHU WKH YLJLODQFH FDVHV VXR PRWR more so after the Asset Quality Review

Taarangan

June, 2017

13

XQGHUWDNHQ E\ WKH 5%, LQ SHULRG $V IDU DV WKH UHVROXWLRQ SDUW LV FRQFHUQHG VHYHUDO DWWHPSWV KDYH EHHQ made over the years with the major KLWFK EHLQJ WKH GHFLVLRQ RQ KRZ WR WDNH GHHS KDLUFXWV WR JHW WKH EDG DVVHWV RII WKH ERRNV 7KLV LV D SUDFWLFDO FKDOOHQJH HYHQ WRGD\ 2Q WKHLU SDUW *RYHUQPHQW KDV EHHQ WLJKWHQLQJ WKH ODZV WR IDFLOLWDWH expeditious recovery proceedings and WKH 5HJXODWRU 5%, KDV EHHQ EULQJLQJ QHZ GLVSHQVDWLRQ WR KDQGOH 13$V VXFK as:Â&#x2021; 2YHU WKH \HDUV DFWLRQ XQGHU 6$5)$(6, /RN $GDODWV '57V &RXUWV 6DOH RI $VVHWV WR $5&V KDYH EHHQ LQVWUXPHQWDO LQ HIIHFWLQJ UHFRYHULHV IURP WKH 13$ DFFRXQWV Â&#x2021; 8QGHU WKH &'5 &RUSRUDWH 'HEW 5HVWUXFWXULQJ EDQNV XVHG WR DFFHSW a moratorium on interest payments and longer period for repayment of SULQFLSDO Â&#x2021; $QRWKHU VFKHPH DOORZV WKH EDQNV WR H[WHQG ORQJ WHUPV ORDQV of 20-25 years to match the cash Ă RZ RI SURMHFWV ZKLOH UHĂ&#x20AC;QDQFLQJ WKHP E\ DQRWKHU %DQN )LQDQFLDO ,QVWLWXWLRQ DIWHU HYHU\ RU \HDUV NHHSLQJ LQ YLHZ WKH $VVHW /LDELOLW\ PLVPDWFK LQ WKH EDODQFH VKHHW Â&#x2021; 6'5 6WUDWHJLF 'HEW 5HVWUXFWXULQJ

gives lenders sweeping powers to throw out management of companies whose assets have WXUQHG EDG 7KLV VFKHPH HQWDLOV ORW RI OHJDO EDWWOHV EHFDXVH SUHVHQW 0DQDJHPHQW Ă&#x20AC;JKWV LW WRRWK DQG QDLO WR WKZDUW FKDQJH RI 0DQDJHPHQW Â&#x2021; 6 $ 6FKHPH IRU 6XVWDLQDEOH Structuring of Stressed Assets) DOORZV EDQNV WR FRQVLGHU WKH VXVWDLQDEOH SRUWLRQ RI GHEW DV D standard loan provided that they PDNH SURYLVLRQ IRU D SDUW RI GHEW XSIURQW %DQNHUV JHW WKH FRPIRUW of two outside experts in the 2YHUVLJKW &RPPLWWHH $V SHU ODWHVW LQIRUPDWLRQ IRXU ODUJH FRUSRUDWH NPA accounts have availed UHVWUXFWXULQJ XQGHU 6 $ Â&#x2021; 1RZ WKH ,QVROYHQF\ DQG %DQNUXSWF\ &RGH SURYLGHV for re-organization and insolvency 14

leejebieCe

petve, 2017

UHVROXWLRQ RI FRUSRUDWH SHUVRQV SDUWQHUVKLS Ă&#x20AC;UPV DQG LQGLYLGXDOV LQ D WLPH ERXQG PDQQHU IRU PD[LPL]DWLRQ RI YDOXH RI $VVHWV ,W HQYLVDJHV VSHFLĂ&#x20AC;F UROHV IRU HDFK SDUWLFLSDQW WKH VWDNHKROGHUV FRPSULVLQJ GHEWRUV DQG FUHGLWRUV and the ecosystem comprising $GMXGLFDWLQJ $XWKRULW\ $$

Insolvency and Bankruptcy Board RI ,QGLD ,%%, LQIRUPDWLRQ XWLOLWLHV DQG LQVROYHQF\ SURIHVVLRQDOV 7KH 863 RI WKH FRGH LV WLPH ERXQG FRPSOHWLRQ RI SURFHVVHV

UHVSRQVLELOLW\ RI %DQNHUV :H VKRXOG NHHS LQ PLQG WKDW E\ HDFK SDVVLQJ GD\ WKH HFRQRPLF YDOXH RI VHFXULW\ WDQJLEOH DVVHWV VWRFNV SODQW DQG PDFKLQHU\ HWF keeps diminishing; so the Bankers are GXW\ ERXQG WR HIIHFW UHFRYHU\ PHDVXUHV ZLWK DOO VLQFHULW\ DW WKH HDUOLHVW

Here at the cost of repetition I would like to reiterate that Bankers themselves have to muster courage to recover WKHLU %DQN¡V RYHUGXHV LQGLYLGXDOO\ RU FROOHFWLYHO\ LQ FRQVRUWLXP EDVHG 13$ DFFRXQWV ,W LV WKHLU GXW\ DQG GKDUPD WR OHQG DQG UHFRYHU PRQLHV 1R RXWVLGHUV Â&#x2021; +RQ¡EOH 3UHVLGHQW RI ,QGLD can help them to do it and Bankers will via an ordinance route has have to rise to the occasion and meet conferred powers upon RBI via WKLV FKDOOHQJH 7KH\ KDYH GRQH LW LQ WKH the amendments to the Banking SDVW 9HUPD &RPPLWWHH DQG , DP 5HJXODWLRQ $FW WR KHOS LW VXUH WKH\ ZLOO GR LW QRZ DOVR deal more effectively with stressed Q.6 What action is being taken by DVVHWV E\ GLUHFWLQJ EDQNV WR LQLWLDWH the Commission against individuals LQVROYHQF\ SURFHHGLQJV LQ VSHFLĂ&#x20AC;F responsible for the NPAs owing to 13$ FDVHV 5%, LV UHSRUWHGO\ corrupt practices? working out a strategy to deal with the resolution of large NPAs in a Ans. $OO EDQNV KDYH ZHOO GHĂ&#x20AC;QHG V\VWHP RI H[DPLQDWLRQ RI VWDII DFFRXQWDELOLW\ FDOLEUDWHG PDQQHU LQ WXQH ZLWK WKH SUHYDLOLQJ JXLGHOLQHV Â&#x2021; +RQ¡EOH )LQDQFH 0LQLVWHU KDV Whenever a loan account slips into reviewed the current NPA status in 13$ SURSHU DQDO\VLV RI DFFRXQWDELOLW\ D PHHWLQJ KHOG RQ WK -XQH LV GRQH E\ ,$& '$ &92 DQG LI IRU UHFRYHULHV DQG UHVROXWLRQ EHLQJ UHTXLUHG 5HJXODU 'HSDUWPHQWDO $FWLRQ ZRUNHG RXW E\ 5%, DQG %DQNV LV EHLQJ LQLWLDWHG DJDLQVW WKH VWDII IRXQG Â&#x2021; +RQ¡EOH 0LQLVWHU IRU 3RZHU 6HFWRU UHVSRQVLEOH IRU WKH ODSVHV REVHUYHG ,I WKH has also recently reviewed the Power ERUURZHU LV VHHQ WR KDYH GHIUDXGHG WKH 6HFWRU EDG ORDQV DQG KDV DVVXUHG IRU %DQN DQG WKHUH LV FRQQLYDQFH FRPSOLFLW\ TXLFN UHVROXWLRQ VROXWLRQ RI 3RZHU RU FULPLQDO DQJOH LQYROYHG DSDUW from stringent punishment in Regular 6HFWRU /RDQV 'HSDUWPHQWDO $FWLRQ FRPSODLQWV DUH Bankers should effectively use all these DOVR EHLQJ SUHIHUUHG ZLWK /DZ (QIRUFLQJ measures for effective and expeditious DQG ,QYHVWLJDWLQJ $JHQFLHV OLNH &%, RU UHFRYHU\ IURP 13$V 6RPH %DQNHUV DUH 6WDWH 3ROLFH GHSHQGLQJ RQ WKH DPRXQW under the wrong impression that once LQYROYHG IRU FRPPHQFLQJ LQYHVWLJDWLRQ they have reported an account as an NPA Ă&#x20AC;OLQJ 3( 5& DQG FKDUJH VKHHWV DQG LI WR WKHLU FRQWUROOLQJ RIĂ&#x20AC;FH V DQG WKH\ LQ QHHG EH SURVHFXWLRQ SURFHHGLQJV RQ turn have reported it to the Regulator FRQFOXVLRQ RI ,QYHVWLJDWLRQ and to investigating agencies such as 3ROLFH &%, (QIRUFHPHQW 'LUHFWRUDWH ,Q JODULQJ FDVHV RI IUDXGV DQG 13$V HWF WKHLU MRE LV RYHU DQG WKH\ ZHUH QRW the Commission under powers vested DFWLYHO\ SXUVXLQJ UHFRYHU\ PHDVXUHV ,W u/s 8(1)(d) & (h) of CVC Act suo VKRXOG QRW EH IHOW VR E\ WKH %DQNHUV , moto directs the Central Bureau of Investigation (CBI) to launch would like to make it very clear that the LQYHVWLJDWLRQ WDNH DFWLRQ DQG VXEPLW Investigating Agencies only look into UHSRUW WR &9& WKH DVSHFWV RI &ULPLQDOLW\ &XOSDELOLW\ LQYROYHG 6LPLODUO\ 5%, LV XVLQJ )05 Q.7 During demonetization phase, information for statistical purposes many instances of corruption in DORQH 5HVROXWLRQ DQG 5HFRYHU\ RI 13$ banks were reported. What action $FFRXQWV LV DQG FRQWLQXHV WR EH WKH VROH is being taken by the Commission

against such acts?

Ans. Following the decision of the government to demonetise the old ` 500/1000 notes from midnight of 1RYHPEHU WKH 5HVHUYH %DQN had put in place cash withdrawal limits IRU LQGLYLGXDOV DV ZHOO DV EXVLQHVVSHUVRQV and issued instructions from time WR WLPH WR IDFLOLWDWH JHQXLQH FDVK WUDQVDFWLRQV E\ WKH FXVWRPHUV %\ DQG ODUJH EDQNV KDYH GRQH FRPPHQGDEOH ZRUN E\ SXWWLQJ LQ ORQJ KRXUV RI XQWLULQJ HIIRUWV LQ PDQDJLQJ EDQNLQJ WUDQVDFWLRQV GXULQJ WKH 'HPRQHWLVDWLRQ SHULRG Some isolated instances have come to WKH QRWLFH RI WKH &RPPLVVLRQ ZKHUH employees of various Banks were found LQYROYHG LQ FDUU\LQJ RXW WUDQVDFWLRQV ZKLFK ZHUH LUUHJXODU DQG YRLODWLYH RI 5%,·V LQVWUXFWLRQV &92V RI 5%, DQG DOO 3XEOLF 6HFWRU %DQNV ZHUH DGYLVHG E\ WKH Commission to take immediate action in such cases and some employees of 5%, DQG YDULRXV 3XEOLF 6HFWRU %DQNV KDYH HYHQ EHHQ SODFHG XQGHU VXVSHQVLRQ DQG GLVFLSOLQDU\ SURFHHGLQJV KDYH EHHQ LQLWLDWHG DJDLQVW WKHP 6RPH RI WKH RIÃ&#x20AC;FLDOV KDYH EHHQ WUDQVIHUUHG WR QRQ VHQVLWLYH SRVWV 2IÃ&#x20AC;FH RI &9& ZLOO QRW tolerate any illegalities or irregularities LQ DQ\ RI WKH EDQNLQJ WUDQVDFWLRQV DQG VWHUQ DFWLRQ ZRXOG EH WDNHQ DJDLQVW individuals involved in such irregular and XQDXWKRUL]HG DFWLYLWLHV Q.8 What is your advice to the CVOs? Ans. )LUVW DQG IRUHPRVW &92V VKRXOG UHDG 9LJLODQFH 0DQXDO DOO LPSRUWDQW FLUFXODUV GLVFLSOLQDU\ DFWLRQ UXOHV DQG LQGLYLGXDO Ã&#x20AC;OHV YHU\ FDUHIXOO\ &92V are extended arms of the Central 9LJLODQFH &RPPLVVLRQ WKURXJK ZKRP the effective Vigilance Administration LV HQVXUHG LQ WKH *RYW 'HSWWV 2UJDQL]DWLRQV WR ZKLFK WKH\ DUH GHSXWHG &92 VKRXOG PDNH HYHU\RQH in the organization realize that Vigilance Administration is one of the important PDQDJHPHQW WRROV ZKLFK ZLOO PDNH WKH RUJDQL]DWLRQ UHDS WKH EHQHÃ&#x20AC;WV RI LWV HIIHFWLYH DGPLQLVWUDWLRQ &92 VKRXOG VWULYH WR PDNH ´9LJLODQFH $FWLYLW\µ EHFRPH WKH EXVLQHVV RI HYHU\RQH LQ WKH RUJDQL]DWLRQ +H VKRXOG VWULYH WR UHGXFH HOLPLQDWH WKH GHOD\V LQ YDULRXV SKDVHV RI KDQGOLQJ YLJLODQFH FDVHV VR DV WR UHGXFH

WKH SDLQ RI FKDUJHG RIÃ&#x20AC;FHUV &92 should also strive to study the existing gaps in the prevailing systems and SURFHGXUHV WR VXJJHVW PDNH V\VWHPLF improvements and prevent recurrence RI LUUHJXODULWLHV LQ IXWXUH +H VKRXOG concentrate on strengthening preventive YLJLODQFH PHFKDQLVP WR REYLDWH WKH usage of punitive vigilance mechanism and should strive to use technology to improve transparency in all the activities RI WKH RUJDQL]DWLRQ 7KHUH VKRXOG EH D thorough and critical analysis of each Ã&#x20AC;OH FDVH EURXJKW EHIRUH &92 DQG FRQVLGHUHG YLHZ VKRXOG EH IRUPHG LQ OLQH ZLWK 5XOHV 5HJXODWLRQV ODZV DQG GRFXPHQWDU\ HYLGHQFHV &92 KDV WR UHPHPEHU WKDW KH LV GHDOLQJ ZLWK OLIH FDUHHU DQG IXWXUH RI RIÃ&#x20AC;FLDOV HPSOR\HHV and as such in each case; he needs to take D YHU\ UDWLRQDO DQG EDODQFHG YLHZ Q.9 What do you perceive as the major challenges before the Commission presently?

Ans. Central Vigilance Commission is having superintendence over the vigilance administration of all the Government DQG 3XEOLF 6HFWRU RUJDQL]DWLRQV LQ addition to superintendence over the &%, 7KH PDMRU FKDOOHQJH EHIRUH &9& LV WR PDNH WKH &92V RUJDQL]DWLRQV DQG RIÃ&#x20AC;FLDOV DSSUHFLDWH WKDW SURSHU 9LJLODQFH Administration can increase the HIÃ&#x20AC;FLHQF\ DQG OHDG WKH RUJDQL]DWLRQV WR UHDS WKH EHQHÃ&#x20AC;WV RI LWV LPSOHPHQWDWLRQ and that it is not a hindrance in their IXQFWLRQLQJ 7KH GHOD\V REVHUYHG LQ WKH LGHQWLÃ&#x20AC;FDWLRQ DQG GLVSRVDO RI YLJLODQFH FDVHV KDYH WR EH GUDVWLFDOO\ UHGXFHG VR DV WR PDNH WKH GHOLQTXHQW RIÃ&#x20AC;FLDOV UHDOL]H WKDW QR RQH FDQ HVFDSH IURP WKH ORQJ KDQGV RI WKH /DZ :KLOH enlisting the support and participation RI SXEOLF LQ JHQHUDO DQG HPSOR\HHV LQ SDUWLFXODU LQ HIIHFWLYH LPSOHPHQWDWLRQ RI YLJLODQFH DGPLQLVWUDWLRQ HIIRUWV RI WKH &RPPLVVLRQ ZLOO DOZD\V EH WR increase transparency in all processes RI WKH RUJDQL]DWLRQ E\ OHYHUDJLQJ WKH WHFKQRORJ\ Q.10 What do you feel is the way forward for the Commission?

&RPPLVVLRQ KDV EHHQ FORVHO\ ZRUNLQJ ZLWK DOO WKH 2UJDQL]DWLRQV DQG VWULYLQJ WR enhance transparency in all the processes RI WKH RUJDQL]DWLRQ E\ OHYHUDJLQJ RQ WKH WHFKQRORJ\ &RPPLVVLRQ LV DOVR HQOLVWLQJ WKH VXSSRUW RI SHRSOH LQ LWV Ã&#x20AC;JKW DJDLQVW FRUUXSWLRQ 7KH &RPPLVVLRQ·V UROH ZRXOG EH PRUH SLYRWDO LQ WKH FRPLQJ days as we all know that corruption is a major impediment to growth DQG GHYHORSPHQW 7KH &RPPLVVLRQ would continuously strive to evolve systems & procedures to strengthen the preventive vigilance mechanism in all the RUJDQL]DWLRQV WR HOLPLQDWH FRUUXSWLRQ DQG RWKHU UHODWHG LUUHJXODULWLHV 4 $QG \RXU Ã&#x20AC;QDO ZRUG WR WKH Bankers:Ans. )LQDOO\ , ZRXOG OLNH WR VD\ WKDW DOO %DQNHUV DUH KDQGOLQJ 38%/,& 021(< DV 7UXVWHHV LQ JRRG IDLWK DQG DV VXFK WKH\ VKRXOG EH VFUXSXORXVO\ KRQHVW dedicated and committed to the cause of HQVXULQJ VDIHW\ VHFXULW\ DQG HFRQRPLF YDOXH RI 3XEOLF GHSRVLWV 7KHLU %21$),'( GHFLVLRQV ZLOO EH SURWHFWHG and strict and stern action will ensue in PDODÃ&#x20AC;GH DQG JUDYH PLVFRQGXFWV 'R QRW fall into the trap of Intermediaries/Loan $UUDQJHUV 0LGGOHPHQ ,Q WKH *\DQ 6DQJDP +RQ·EOH 3ULPH 0LQLVWHU himself assured Bankers that there will EH QR LQWHUIHULQJ UHIHUHQFHV DQG SKRQH FDOOV IURP 'HSW RI )LQDQFLDO 6HUYLFHV 0LQLVWU\ RI )LQDQFH UHFRPPHQGLQJ any loan/recovery proposals and all GHFLVLRQV RI WKH %DQNHUV VKRXOG EH PHULW EDVHG $V VXFK %DQNHUV VKRXOG OHDUQ WR VD\ ¶1R· WR XQEDQNDEOH ORDQ SURSRVDOV DQG H[WUDQHRXV SUHVVXUHV DQG ¶'2· proper due diligence in Pre-sanction DSSUDLVDOV OHJDOO\ YDOLG DQG HQIRUFHDEOH loan documentation and charging of VHFXULWLHV SURSHU SRVW GLVEXUVHPHQW IROORZ XS WR REYLDWH GLYHUVLRQ RI IXQGV Based on my 40 years experience in Banking and Vigilance I would advise all %DQN RIÃ&#x20AC;FLDOV WR UHDG WKH 623V IROORZ them scrupulously and meticulously DQG DOZD\V EH $OHUW $JLOH 3URDFWLYH 3UHYHQWLYH &DUHIXO &DXWLRXV 9LJLODQW and forward looking !

Wishing you GOD SPEED ! !

Ans. In the prevailing environment LQ WKH FRXQWU\ WKHUH LV D FRQVHQVXV Source : The Indian Banker (July 2017) IRU =HUR WROHUDQFH WR &RUUXSWLRQ 3XEOLVKHG E\ ,%$

Taarangan

June, 2017

15

j¦ l e ¥ « Î y v ¢ d Ø | l v ¢ do | l

d Ù } l q Ü j§Ü Ü¡ q ¡Ù Ü ~

}° o z Ï Î zÛ ÎØ j¦ q | ÎØ j¦ « | d} | Û o | d « Î f| « v ¢ d Ø | l j¦ | }° k Ø q Ø Î x j¦ l e ¥ j ¦ { | Û v ¢ d Ø | l | j¦e¥ { d « ÎØ j¦ · j¦ x | l q Û | j¦Î | Û d f} | j ¦ d | tj¦ v | tj¦ } Ø ¥q | { d| z ÎØ d z j ¦ « ã Û ÎÏ } ¥ l z | z Î x ÎØ q l Ø « f} | j¦ j ¦ ¦} « ¥ { j¦ k Ø }° }Ø e ÎØ j¦ j¦ Î l ã Û j¦ ÎÏ } ¥ | ÎÛ Î x j¦ l e¥ « Î | l q Û j ¦ ÎØ j¦ { | l j¦ Î x f|Î «| d} | Û o | d « « d| ã j¦ Î Ø q ÛÎ zÛx Î ÎÛ « e¥ µ « | l q Û j¦Û Û q Ø Û } j¦ ¥¨¦ d q Ø j¦ l q àj¦ d ¢Ü¦ e v ¸ }° q Ø j¦ l y x e j¦ ¥¨¦ « v ¢ d Ø | l j¦Û } Û v ¢ do | l ã Û ¦} f} y Ø ÎÛ x f|Î «| àj¦ j¦Û e }° q | Î Ø Î| j¦Ûx v ¢ d Ø | l q Û j¦Û Û q Ø Û } f| j¦Û } Û i }° · k j¦ v ¢ do | l Î q ã ã l j ¦ Î j¦ Î }° { j¦ q ã Û Û | ã «t j¦Û q « v ¢ do | d} | } Ø v ¢ d Ø | l q Û j ¦ q Û | i j ¦ Ø « 16

leejebieCe

petve, 2017

j ¦ j ¦â d| â i } Î d « j¦ fq l j¦ x CCØ l

j ¦ } uj¦ « Î Ø e Ø o ÛØ j ¦ d }° Ø Ø Îà l ܦ Ü d Ù } l q Ü j§ ij§ ÏÙ j§ j § ~ ¬ Ù f} j § ~ uj§ ä Ü ä ¡ Ù q } Ù ÏÜ Ïá ij§ ~ Ù d ij§ e¡ } j § ~ f} j § ¨Ù Ù ~ j §ã ~±j§ v iy q Û vÖ f z j¦ j ¦ §Ø y x d} | } « j ¦ y ã | Ø j¦ Ø } e j¦z q v Ö q Ø y j¦ f| j ¦ y ÎÛ Î£ Ø y d Ø y x Î o Ûq j¦ vÖÛ Ø d j¦| j¦ Ø y d f|ÎÛ o Ûq « j¦ ij¦ o j¦Û ã Ø d} | Û k | Û « fØ Ø y x q Ü j§Ü j§ } Ü o } d ~ j§ ¦ | j§ ~± Ï " C | j¦ ¦ Î r ¥ { j¦ }° Î x ã j¦Û t r C Î l j ¦ | } d { j¦ } z d Ûx i ~±Ù ÜÙ Ï Ù Ï j§ f~ } d j§Ï } Ü j § ~ uj§ ¬ j§Ü q l Ï d o o d tÜ Ü | Ïj§ ¬ j § { ¦j§ ¬ } Ü Ï e d ~ j§ ~±j§ { k Ù Ü Ïá" tÛ Û d ܦ « | Î zÛ j¦ }°o }° j¦ Î x Î £ j¦ r o Ø z | l Û j¦Û Î e o | j¦Û d j¦Ø Î x Î zÛ } cÖÛ k Û Ø k q ÎÛ Î j¦|Ø | } j¦ }°ã cÖ Î Î Î zÛ k | j ¦ i f j¦ dØ { j¦ }° l Î Î Î x e Û }°j¦ Î zÛ fz ¥ j ¦ z « j ¦ foo } ã Û { | z q | o Îix q Ü ij§ ÏÙ j§ Ù z ÏÜ j §ã j § i d j§ Ü ä Ü q v × Ï d f}Ï }¡ l Ù } tj§ ¡ j§ ¡o } } { ¦ } ä Ü j§ d Ï¡{Ü } j § i ä Ü k y j§

ä j§ j§ d | j§ ~ ¡{ j§ Ù z " | q l Ø « Ø } « j¦Û Ø Øj¦ j¦ d j¦Ø j ¦ j¦ d ix e¥ « j ¦â Î ã Û j¦|Ø f| j¦ | k | « ÎÛ l Ø y x ÎØ j¦ j¦Û ã j¦ d { j¦ } z j¦ Ø y x Û £ ã Û f|Î «| d ã « ÎÛ j¦Î z y j¦ k j¦ | | o ÎØ Îàx f| j ¦ e | ¥ « } } y Î x e Û j¦ | f|Ϋ ¥ j¦Û d « f j ¦ | Û l Û k j¦ « jצ Ø j ¦ i }° Ø j¦ x q Ü ~± o ¡{ dÙ | j§ ~±ä Ù z f}ÏC~± o ¡{ j§ Ï Ù j§ fÐ | j§ Ü ä Ü j§Ï q Ù Ï y ¡ Ü ~± o ¡{ j § d Ù ¨Ù f}Ϭ j§ } ÏÙ j§ d | j§ ~ ¡{ z " Û q Û f|Î }° y d d} | Û } Î Û o | tj¦ ã Û f|Î ã q Û y Ûx }° o z q Û | f|Î q Î zÛ f } f|Î | d j¦ x Û q Û j ¦ d Ø §Ø f|Î }° z q Û Ø o |® q Û dØ { j¦ } z y x Ø q Û j¦ } cÖ| j ¦ i f|Î | l ã Û Ûk Ûx Î | | j ¦ ܦ§j¦vÖ §Ø Ø dØ { j¦ }°ã Ø y x ¥ j¦Û d z Ø q Û | j¦ j¦ Ø ã Û l i } Î Û z Ø f|Î | j¦ r j¦ ã l z j¦|Ø dl Û Î zÛ j¦ q ã Û k | f d} | d| ã fØ z | x

Øj¦ q Û | e Ø j¦ Î { | k d q ã Û k f d} | d| ã j ¦ d { } k x q Ü } Ù ÏÙ j § z z C j§ u Cl { j § Ý § d { q | ÏÙ j§ ä Ü q } j§ Ï y ij§ ÏÙ j§ j § ~ ¬ z ~ Ù Ï } j § i f}Ï ¬} d~ } Ü ~ j§ q { ¬ d ÏÙ j § ~± Ù

Î e ¥ y Û j¦|Ø ¥ j¦Û f ° « l e¥ d ܦ q zÛ zÛ Î q | i ã | ÎÛ Î } x k v ¢§t Ø | | ÎÛ y x dØ ¡ à| i i j¦ d Ø Ø} Å Ø v ¢§t tx j¦ j¦Û d Ø d j¦ Û y Î e ¥ j ¦â z { ã Ø Û e¥ « y | Ø d ܦ « j ¦ i ã Û k | j¦ z x à| · Ø « j ¦

fÐ { Ù ¬ j § | j§ ~±j§ } z ~ Ù j§ ? q j¦ à| Ø j¦ z z q Û j¦Û Ø j ¦ } Å Ø Û ^ z Û q Û j ¦ j ¦{ « } d l e¥x dØ ¡ f|Ϋ ¥ j¦Û f ° « e¥ d | } vÖ x Î £ tÐ j¦ }°zÛ} q Û j ¦ d Ø y | d q zÛ ÎÛ j¦ | Î l x j¦|Ø q Û j¦ | y Û k | « ÎÛ y x ij¦ j ¦ Ø Û d | j¦Û l Î Û j ¦ ¦} « £ q à j¦ÎØ Û y Û j¦ }°j¦ m o Ø Û y Û e j¦ ã | f|Ϋ | ÎÛ Î } Ø y x j¦|Ø £ | Î f| j¦ y z x C } j§ Ï¡ Ck ¡q } } } CÙ Ü

C j § q Ü } Ù ~ d | Ù q Ü j§Ü { ~± k q Ü } ¤ Ïáy d ~ f}Ϭ j§ j § d | j§ } j§t ~ Ù Ü¡ Ïá" Ù Ü j § j § j § d j ¦ z | « ÎÛ } Ø q Û j¦ | ¦} }° y x f|Ϋ e¥ j ¦ d Ø ¥ ¦} } d { j¦ y x } ÛØ j ¦ Ø Û| { l « j¦ l ÛØ e d j ¦ | ÎÛ | Ø y e Ø Î l l q | Û Ø Î^ Û j ¦ } { y x d ~ ¡ ä Ü ij§ z ~ Ù k j§ Ïá d ~ j § ¬ ä Ü Ï j §ã q } } o Ϭl y o } | ÎÛ à v ¢§t | | o ÎØ Û y Û d Û Î µ Û| ã Û | j ¦ « « ÎÛ

y j¦ã Û ã Û r Ø | ÎÛ j¦ x Ü d o ~ v× j § z C } j§ Ï d o ~ v× j § z ~ Ï C l } d { ¡ C q { Ù Ït ÏÎ ~ tj§z k } j§Ü d r j§ d ~ } j§ d} ä j§ d ~ Ï d £Ý§ j § ~± ~Ù Ï d " CØ Îܦ Û j¦Î | Û y Û q } ܦ | j¦ Î | Ûx Ø Ø} Å Ø Cd k § « C| l Û|

C | l Î C l | d z ܦ « d Cj¦ j¦

z z ¥| C C { C y | ã | y t } d z { Îj¦ « j¦Û } y j¦y k | j¦ ã Û r j¦ x Û d Ø Ü¦

y Ûx Ï¡{Ü ä d Ï¡{Ü j § j§ ÏÙ j§ j§ j§ ä Ù j§ q j§ ¬ ~± Ù uÙ q j§ ¡l u} ¬ Ï¡{Ü ~± ¬ j § tj§ ¬ d ~ ¨ ~ Ù ¦} d} ä j§ Ù Ü¡ Ïá" } ÛcÖÛ j¦ tj¦ z Î d} | Û ã j¦ | j¦Û t z k Ø Îàx j¦|Ø Î zÛ { j ¦ µ « j¦Û Î Ø o Ø q | j¦ Î x | q Û µ « « d l° q Û } ^ | j ¦ â « } j¦ Ø } Ø } ã Û d l° q Û Ûk | j¦ z Î x } « j ¦ t t| ã Û d} | Û ã j ¦ Ø q } Î oo Îq ÎÛ d} | m j ¦

vÖ « l°Î j¦ Ø y Î d }Ø Î Î Î x Î zÛ j ¦ y d} | « j ¦ ¸ ÎÛ Ø Î j¦ q Ø Î x | Ø « j ¦ { « Î | | Î j¦ Î zÛ q l Ø j ¦ | Ø « j¦ Øj¦ d z « Î zÛ j¦ }° y j¦Ø z | Û o Îix d¡Ù ¬ } i k j§ ¬ j § i q Ü j§Ü } ^

d ~ ¨ ¡{ { } o Ϭl Ü" k j¦ j¦ Û Üצ §t Û « Ø | ÎÛ Î Ø Îà j¦ k | l ÛØ e¥ ¸ }°zÏ l Îàx k j¦ q | q Ø Î Ø Îàx Î £ dã e l j¦ d | k q j¦Ø Î ÎÛ q j¦e¥ vÛ v « « ã Û y vÛÖ Î Ø Ü¦ t l j¦ | Û } vÖØ Û Î x q ã Û k « j ¦ y y o Ø Î i k i d d} | y y ¥ d| ã « j¦ j¦ l q } fØ ix Ï ~ uj§ ij§ k j§ j § ~ ¬ do q Ü d ¨ d~ j§ j§Ù Ïá" j§ e ¦ } f~ } q Û Î £ dã Û ij¦ f} | d k ÎÛ Î £ q j¦ Û ¥j¦ Î C l | Ø j¦ x Câ } Î f} | Î x d | | Û q j ¦ i j ¦â i k | j¦ Î q f| j ¦ i }° É Ø | j ¦x Cd k § « ܦ j¦ ij¦ z Î q « | j ¦ z Î | j¦ C q k || j¦ÎØ Îà C z¥ j ¦ q Û | « q o Î Î « j¦ d j¦Ø Πܦ d Ø j ¦ q Û | « } Ø r vÖ uuj¦ § « q Ø Î d k § « C Û d} | | ¥ | ÎÛ j¦ j¦Ø Û Î x Û j¦ d} | }° d d} | | ¥ j¦Û j¦ | j¦ } d { j¦ Î x ÎÛ | | Î x ʀ ʀ ʀ

Taarangan

June, 2017

17

}° q §t j¦| §t } j¥¦

l q { d¡o ¬ ~± ¡| j§ i ¡ t ~± e¦ } j§ d q } { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û œÏ Û zÛ| { Î } i j¦ ¥} j¦ | z j¦ Û i j ¦ z ¸ i| Ûq Û fÏ ,, i l q z d o j¦ z j¦ l x e d } t ܦ }° Î µ | iv j ¦ ã l « i| Ûq Û fÏ ,, j ¦ d Ø l ¥Ø d | d o « j ¦ d o j¦

Û | j¦ fz¤m t| d } j¦ ¥} j¦ | z j¦ Û i j ¦ z j¦ l Ø j¦ Ø Î i }° i| Ûq Û fÏ Û Û j ¦ Î Ø x

Û z | d} | { | « Û }° { j¦ j¦ ¥ « j¦Û y } | j¦ f´ i y j¦Û d} d « ã j¦ d l Ø j¦ x Ø Ø} Å Ø Î }° { j¦ Û d i o Î | | }Ø « Û }° { j¦ j¦ ¥ « ¸ · « d} | e¥ q | Û | Û Ø j ¦ « Ø x Û z | d o « d y Ø Û }° { j¦ j¦ ¥ « j ¦ d { j¦ « Û | j¦ fz¤m t| j¦ Ø Î i j¦ ¥} j¦ | z j¦ Û i j ¦ z x y « }° i| Ûq Û fÏ Û Û j ¦ Î Ø }° i| Ûq Û fÏ

· { Ø Û j ¦ Û q | i l q z d o j ¦ d }° Û d i } v x q | d « i r « d }° q §t j¦| §t } j¥¦ j¦ cÖ | j ¦ « o j ¦ § e t | ilq Û§ t Î ¸ C t ¥ j¦ l x Û z | ÎØ | Û Ø j ¦ }° e { Û q | d « j ¦ { « }° Ø Ø j¦ z y }° Ø Ø j¦ z | Û }° { j¦ j¦ ¥ l x j ¦ d { j¦ « j¦Û }° j¦Û d d| f} y Ø }° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û ã Û Û }° { j¦ j¦ ¥ « j ¦ | j¦ cÖ x Û zÛ| { Î } | d} | { | « j¦Î j¦ ã Û Û }° { j¦ j¦ ¥ « j ¦ d { j¦ « j ¦ y àj¦ Ø ¥ | « dØ Ø o | Ø Û} ¥ z l q Î ij¦ tÛ v l dã ã Û j¦ l x q j ¦ Î x Î « d} | àj¦ j ¦ l Û e Ø Î j¦ }

}° { j¦ « Û }° { j¦ « Î j¦ Î }° { j¦ « d k }° { j¦ « j¦ Û | d q Ø j¦ l x uj¦ « Î }° { j¦ d q | Û d i o Î | Î }° { j¦ t }° e Û i j ¦ q | Î }° { j¦ i| Ûq Û fÏ ,, Û Û j ¦ Î Ø i Î }° { j¦ i| Ûq Û fÏ , Û j ¦ Û q | f} y Ø Î x uj¦ « d l d o j ¦ d o j¦ }° { j¦ Û i j ¦ ¥ k | g d o j ¦ d o j¦ }° { j¦ Û i i| i d Û j¦ | } d o j ¦ d o j¦ }° { j¦ Û i j ¦ z d l q z d o j ¦ d o j¦ }° { j¦ Û d i } v ã Û f} y Ø Î x j¦ ¥¨¦ j¦ } o | l q z d o ¸ j¦ l x Û | tÐÛ j ¦l Î fØØ ,, j ¦ d Ø l ¥Ø d | d o j ¦ d o j¦ }° { j¦ Î j¦ Î }° { j¦ j¦ ¥} j¦ | z j¦ Û i j ¦ z ¸ }°y « d k }° { j¦ j¦ { Ø j¦ Ø Î i }° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } x zÛ} }°qq Ø j¦ Û }° { j¦ uj¦ j¦ ã ã j¦ l x d} | fz¤ { | « j¦ ¥} j¦ | z j¦ ¸ d { j¦ « j¦ d} | Û Ø j¦ ÎÛ j¦| | Î x Î « }° j¦ | Î l j¦ àj¦ d} | j¦ | d j¦ } | j ¦ | Ø f} { { | « j¦ d { j¦ { j¦ }° l j¦ }° q Û k | j¦ d ã }° · « j¦ «x Î Û }° y j¦Ø d « « i| } Ûi }° { | zÛ l e¥x j¦ ¥¨¦ j ¦ ¸Ø Û }¥ Û Î x z Î q z i| } Ûi k Ø « « Û « tÐÛ à j ¦l Î fÏ j¦ } q Û d i Ø d} | d } ÎÛ àj¦ Ø ¥ | y Ø ,, j ¦ d Ø l ¥Ø d | d o « f j¦Ø Î x i| } Ûi j¦Û Ø Ø Û j¦ | j ¦ d o j¦ }° { j¦ « Î j¦ j ¦ y j¦ · d k z Û j ¦ h « j¦ Î }° { j¦ « d k }° { j¦ « ¸ Ø Ø j¦ | ã Û dØ j¦ Î x Î « q j¦Û uj¦ « Îã l Ø j¦Û l e¥x j¦ d j¦Ø d « j¦ r Ø Î i d} | Û q | i | | Û d ã j¦ Ø Î i Î }° { j¦ Û i j ¦ Î «l Ûx ®Ûj¦ }° ¨¦ | Î Û dy ¥ y « Û | « Û }° { j¦ j¦ { Ø j¦ Ø Î i j¦ ¥} j¦ | z j¦ q | t }° e ¸ C t }° e Î Ø vÖ Ø } } Ø ¥| Î x vq Ût eq | Û i j ¦ z x o Û| }° d q | Û d i o Î | }° i| Ûq Û d ã q | j¦ }Ø } o j ¦ z « j¦ } j¦ } zl¥ Û d « e à j ¦l fÏ Û Û j ¦ Î Ø }° t }° e Û i j ¦ q | x z l x y ÎÛ C t }° e e t | t à j ¦l v t ¨ ¦ vt i v t j¦ v¥ 18

leejebieCe

petve, 2017

Û | j ¦ z | tÐÛ à j ¦l Î fÏ ,, j ¦ d Ø l ¥Ø d | d o « j ¦ d o j¦ }° { j¦ « Î j¦ Î }° { j¦ « d k }° { j¦ « d j¦ ¥¨¦ d q Ø j¦ | Û l q z d o j¦Û tÛ j ¦ y }° { | z j¦ i k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } x

d z j¦ }° l Î Ø cÖ l Î x Î } d} | l° Îj¦ « j¦Û d j¦Ø d « j¦ } j¦ | j ¦ i Ø j¦| Ûj¦Û f|| Ø }° f} { Î x d j¦Ø Î f| f} { }° « d d « j ¦ }°o }° j¦Ûx z Î Ø ¥ | l° Îj¦ « j¦ l Ï } ¥ à j ¦l i }°z | j¦ « Ø }°Ø j¦ Ø t l° Îj¦ Î ° v i v | Î Û q | d « j¦ }°o }°

j¦ l x ÎÛ Cm m z Ø j¦ j ¦ | j¦ f´ Î x Î « j¦ j¦ ¥ j¦ | Î x Ø ¥ | « Î d j¦ Î j¦ Î d} | Û j¦ ¥ Ø j¦ j¦ j¦ « d d z ¥ fz Î | j¦ d} | j¦ ¥ « fØj ¦ tØ i d d} | y « j¦ ã Û }° Ø ÎØ j¦ «x à Î f} y Ø ã Û j¦ ¥u d { j¦ « d} | j¦ j ¦ }° Ø } ¥ | u d } ¥ j¦Û d}

j¦ Ø Î x Î fÏ l° Îj¦ z j¦ l Ï } ¥ j¦ · j ¦ d} | j¦ }° }Ø j¦ j¦Ø Îàx uj¦ j ¦ d Ø « Î j¦ Î }° { j¦ « d k }° { j¦ « j ¦ y ij¦ tÛ v l dã j¦ l x q « ij¦ tÛ j ¦ ÎØ j¦ Ø l x dã e j ¦ y } j¦ l j¦ z ij¦ tÛ j¦ } | l d f o Ø q j ¦ y j¦ ¥ j¦ Ø j¦ e ¥ ã Û }° }Ø j¦ | « Î x d Ø « }° i| Ûq Û fÏ Û Û j ¦ Î Ø ¸ { | z } | j ¦ y uj¦ j¦ } | Î d x

d¡ j§Ù t¡v} l q z d o

ä } d¡o ¬ ~± ¡| j§ i ¡ t ~± e¦ } j§ d q }

Î Ø }° « Î àj¦ j¦ | i d Î | o Îix f|Î «| }° { | z j¦ i j¦ ¥j¦ Û y } Ø j¦ | « ܦ Î i Îàx f|Î «| j¦ Ø j¦ d { j¦ Û j¦Û }° i j¦ Ø j¦ o j¦ àj¦ j ¦ o j ¦ y d l cÖ| } z x j¦ ¥} j¦ i ¥ Ø x | z j¦ Û dØ | z | ã Û j¦ }° Ø ÎØ j¦ Ø Î i j¦Î j¦ eØ | j¦ à| Î } Î j¦ l u| j ¦ ¦} « Î Î Ø q Ø Îà d z Î y j¦ j¦ ¥ j¦ « Ø | o Ø ¦} Î « e d } Û Î } | d} | { | « ã Û Ü¦ Ø l Ûx Û o Î | | àj¦ { Û ã || t ܦ z « j ¦ y àj¦ j¦Û y Ø j¦Û Ø « } }°j¦ v x Û q | | t }° e j¦Û o o ¥ j¦Ûx f|Î «| Ø j¦ àj¦ j¦ ã j¦Û q | j¦ Û zÛx y Ø Ø j¦ } | ¡ } Î o | j ¦ i Ø Û ° l Ø j¦ ã | d o « q z Î k t Î Ø j¦ c | j¦Û d j¦Ø Î x f|Î «| q z Ø Î i e } ¥ d }° Û d Ø | }° { | z j¦ « l° Îj¦ j¦ l Îh }°z | j¦ Ø Î i d }° Û d Ø j¦Î j¦ Î « q z d ¨¦ j¦Ø j¦ j¦ | i j¦ ¥j¦ Û d { j¦ Û j¦ l Ø j¦ Ø Î i ã Û f} d }° Û i o z i }° Û| l k j¦Û d j¦Ø Î x Î àj¦ j ¦ | } Î ã Û d Τ | j¦ j¦ q d} i foo }° { | j¦Û Û Ø Û d| } Î x j¦e¥ o | Ø Û} ¥ } y Ø d e¥ Îà d Î Îà f|Ϋ Ø }° Ø Ø } j¦ | Î ã Û j¦ àj¦ j¦Û | e¥ } Î j ¦ Ø ÎØ ã | d o « }° { j¦ i t }° e¥ | j¦ d q | j¦ l x | « }° { | z j¦ i j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } j¦ ¥} j¦ | z j¦ Û dØ | z Î }° { j¦ d q |

Û d i o Î | Î }° { j¦ t }° e

¦} Ø Î ix

Taarangan

June, 2017

â&#x20AC;°Â¸Â¸ÂŹÂ¸-â&#x20AC;°Â¸Â¸ÂŹÂ¸ Â&#x2020;Â&#x161;ĂĄj§ šÂ&#x161;Â&#x2026;Â&#x161; Â&#x17D;Â&#x161;Â&#x161; Â&#x161;Â&#x161;Â&#x201E;qÂ&#x161;j§ {Â&#x161;Â&#x201E;Â&#x192;Â&#x161;Ă&#x2122;Â&#x160;Â&#x161; jÂ&#x;§ dÂĄĂ&#x2122;Â&#x161;lÂ&#x161;ÂŚĂ&#x2122;Â&#x161; Â&#x2026;Â&#x;vŠ§Â&#x161;Â&#x17D;Â&#x161; Â&#x17D;Â&#x161;Â&#x161;Â&#x;Â&#x17D;Â&#x161;Â&#x161;etĂ&#x153; j§Â&#x161;Â&#x; Â&#x17D;Â&#x161;Ă?Â&#x161;Â&#x192;Â&#x161;Ă&#x2122;Â&#x161;Â&#x161; Â&#x2020;Â&#x161;ĂĄj§ šÂ&#x161;Â&#x2026;Â&#x161; Â&#x17D;Â&#x161;Â&#x161; Â&#x161;Â&#x161;Â&#x201E;qÂ&#x161;j§ {Â&#x161;Â&#x201E;Â&#x192;Â&#x161;Ă&#x2122;Â&#x160;Â&#x161; jÂ&#x;§ dÂĄĂ&#x2122;Â&#x161;lÂ&#x161;ÂŚĂ&#x2122;Â&#x161; Â&#x2026;Â&#x161;qÂ&#x161;äÂ&#x161;Â&#x160;Â&#x161;}Â&#x161;  Â&#x161;ÂŹ Â&#x201E;Â&#x2020;Â&#x161;Ă?Â&#x161;Â&#x2026; Â&#x2026;Â&#x161;qÂ&#x192;Â&#x161; jÂ&#x;§ Ă&#x2122;Â&#x161;Ă&#x2122;j§Â&#x161;Â&#x2021;Â&#x161;Ă&#x153;}Â&#x161;  Â&#x161;Ă?Â&#x161; Â&#x161;Â&#x201E;Ă? Â&#x161; Â&#x2026;Â&#x161;qÂ&#x192;Â&#x161;~Â&#x161;Â&#x161;Â&#x2021;Â&#x161; Â&#x152;Ă&#x153; Â&#x2026;Â&#x161; Â&#x161;}Â&#x161;Â&#x161;zÂ&#x161; j§Â&#x161;Â&#x;Â&#x201E;Â&#x160;Â&#x161;}{ j§Â&#x161;Â&#x; Â&#x201E;Â&#x2020;Â&#x161;Ă?Â&#x161;Â&#x2026; Â&#x2026;Â&#x;vŠ§Â&#x161;Â&#x17D;Â&#x161; Â&#x17D;Â&#x161;Â&#x161;Â&#x;Â&#x17D;Â&#x161;Â&#x161;etĂ&#x153; jÂ&#x;§ Â&#x201E;Â&#x2021;Â&#x161;i Â&#x2021;Â&#x161;Â&#x161;kÂ&#x161; j§Ă&#x153; Â&#x17D;Â&#x161;Ă?Â&#x161;Â&#x192;Â&#x161;Ă&#x2122;Â&#x161;Â&#x161; Â&#x2026;Â&#x161;Â&#x201E;Â&#x2039;Â&#x161; j§Â&#x161; oÂ&#x161;Â&#x;j§ Â&#x17D;Â&#x161;Â&#x161;ĂĄ~Â&#x161;Â&#x161; lÂ&#x161;Â&#x192;Â&#x161;Â&#x161; y

Principal and DGM Shri Ashok Mishra welcoming MD & CEO Shri Dinabandhu Mohapatra and EDs during the Verticals Conclave 5%& 60( 5HFRYHU\ &33 KHOG DW 0', %HODSXU

zÂ&#x2122;i Â?Â&#x2122;Â&#x17E; Â&#x2026;Â&#x2122;Â&#x2122;i Ă&#x2DC;Â&#x2122;Ă&#x2DC;jÂŚÂ&#x2122;Â&#x2020;Â&#x2122;Ă&#x203A;|Â&#x2122; Â&#x20AC;Â&#x2122;Ă&#x17D;Â&#x2122;Â&#x20AC;Â&#x2122;Â&#x192;Ă&#x17D;Â&#x20AC;Â&#x2122; Â&#x201E;Â&#x2122;qÂ&#x201A;Â&#x2122;}Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; Â&#x2039;Ă&#x203A; Â&#x201E;Â&#x2122;Â&#x20AC;Â&#x2122;|Â&#x2122;Â&#x2122;yÂ&#x2122; jÂŚÂ&#x2122;Â&#x17E;Â&#x192;Â&#x2030;Â&#x2122;|z Â&#x20AC;Â&#x2122; }° i|Â&#x2122;Â&#x2026;Â&#x2122;Ă&#x203A;qÂ&#x2122;Ă&#x203A; fĂ?Â&#x2122;Â&#x201E;

Â&#x2020;Â&#x2122;kÂ&#x2122;|Â&#x2122;g Â&#x2039;Ă&#x203A; Â&#x2026;Â&#x2122;Ă&#x203A; jÂ&#x17E;ÂŚ Â&#x20AC;Â&#x2122;Â&#x2122;Â&#x17E;Ă&#x17D; Ă&#x2DC;Â&#x2122;Ă&#x203A; }Â&#x2122;t|Â&#x2122;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; jÂ&#x17E;ÂŚ Â&#x2039;Ă&#x203A; Â?Â&#x2122;Â&#x203A;{Â&#x2122;Ă&#x203A;Â&#x201E; qÂ&#x2122;|Â&#x2122; }Â&#x2122;Â&#x2122;cĂ&#x2013;Ă&#x203A; iÂ&#x2030;Â&#x2122; Â&#x2039;Ă&#x203A; dÂ&#x20AC;Â&#x2122;Â&#x201E;Â&#x17E;|ÂŽ jÂ&#x203A;ÂŚÂ&#x20AC;Â&#x2122;Â&#x2122;Â&#x201E;x f§Ă&#x2DC;Â&#x2122; dÂ&#x2030;Â&#x2122;Â?Â&#x2122;Â&#x201E; }Â&#x2122;Â&#x201E; Â&#x192;Â&#x2026;Â&#x2122;Ă&#x17D;Â&#x2122;Â&#x201E; Â?tÂ&#x17E;t Â&#x201E;Â&#x17E;v¨ŒÂ&#x2122;Â?Â&#x2122; Â?Â&#x2122;Â&#x2122;Â&#x17E;Â?Â&#x2122;Â&#x2122;etĂ&#x203A; jÂ&#x17E;ÂŚ oÂ&#x2122;Â&#x17E;Â&#x201A;Â&#x2122;Â&#x201E;Â&#x20AC;Â&#x2122;Â&#x;|Â&#x2122; vÂ&#x2122;¢ Â&#x2026;Â&#x2122;Ă&#x203A; Â&#x2026;Â&#x2122;Ă&#x203A; Â&#x192;Â?Â&#x2122;|Ă&#x17D;Â&#x2122; Â&#x2030;Â&#x2122;Â&#x2122;eÂ?Â&#x2122; oÂ&#x2122;Â&#x17E;Â&#x201A;Â&#x2122;Â&#x201E;Â&#x20AC;Â&#x2122;Â&#x;|Â&#x2122; Â&#x2039;Ă&#x203A; Â&#x201A;Â&#x2122;Â&#x153; iÂ?Â&#x2122; }Â&#x2122;Ă&#x203A; Â&#x192;Â?Â&#x2122; Ă&#x17D; iÂ&#x2030;Â&#x2122; jÂŚÂ&#x2122;Â&#x17E;Â&#x152;Â&#x2122;Â&#x2122;{Â&#x201A;Â&#x2122;Â?Â&#x2122; Â&#x2039;Ă&#x203A; vĂ&#x203A; jÂ&#x17E;ÂŚ qÂ&#x2122;Â&#x201A;Â&#x2122;Â?Â&#x2122;Â&#x2030;Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; ĂŁÂ&#x2122;Ă&#x203A; f}Â&#x2122;Â&#x2021;Â?yÂ&#x2122;Ă&#x2DC;Â&#x2122; yÂ&#x2122;Â&#x17E;x

The then ED Shri R A Sankara Narayanan, GM (Treasury) Shri R Ganesan, GM NBG (S) Shri Raj Kumar Mitra, ZM Chennai Zone B C Chetty and Chief Dealer Shri Raghavendra Kumar during EXPORTERS MEET conducted at Chennai

CVO Shri Devendra Sharma, GM NBG (S) Shri Raj Kumar Mitra, DGM Vigilance HO Shri Mishra and staff of NBG (S) during visit of &KLHI 9LJLODQFH 2IĂ&#x20AC;FHU DW &KHQQDL =RQH

Executive Director, Shri Atanu Kumar Das @ Chandigarh

ED Shri Atanu Kumar Das, GM NBG (N-1) Shri Kulbhushan Jain, ZM Shri Bhupinder Singh, DZM Shri R K Mahajan along with Staff PHPEHUV DW &KDQGLJDUK =RQH

2200

leejebieCe

petve, 2017

ED Shri Atanu Kumar Das inaugurating and handing over `Dialysis 0DFKLQH¡ WR 6KUL *XUX *UDQWK 6DKLE 6HZD 6RFLHW\ &KDQGLJDUK XQGHU Bankâ&#x20AC;&#x2122;s CSR in presence of GM NBG (N-1) Shri Kulbhushan Jain, ZM 6KUL %KXSLQGHU 6LQJK '=0 6KUL 5 . 0DKDMDQ 6K 6 6 .KHKUD DQG WUXVWHH RI VRFLHW\

HAPPINESS QUOTIENT is precious and thus it is essential / ifeWR OHDG LW WR WKH IXOOHVW :H VSOXUJH

VRPH RI LWV YDOXDEOH PRPHQWV ZLWKRXW NQRZLQJ LWV ZRUWK %XW E\ HDFK SDVVLQJ GD\ ZKHQ ZH VWDUW UHDOL]LQJ WKH XOWLPDWH WUXWK WKDW OLIH LV RQO\ WR EH OLYHG 21&( we start to ponder upon living every PRPHQW RI RXU OLIH DV QHYHU EHIRUH :H VKRXOG KDYH D Ã&#x20AC;UP EHOLHI WKDW ´LW LV 0( ZKR LV WKH PDVWHU RI 0< OLIHµ %XW WKHQ WKH PLOOLRQ GROODU TXHVWLRQ SRSV XS ´KDYH ZH SOD\HG RXU UROHV RI EHLQJ WKH \"µ :KDW 0DVWHU LQ WKH EHVW SRVVLEOH ZD\"µ :KDW DQFHV DERXW WKH HYHQWV RU FLUFXPVWDQFHV which have eventually made us VWXEERUQ DQG VNHSWLF IRU WKH things that happen in our life?

H $QG ZKDW DERXW WKH KDELWV ZH already possess? It is time to play our part honestly with IXOO IDLWK DQG VLQFHULW\ d We have only one life to lead and hence making it is vital to make every moment worthy with happiness and memories V WR FKHULVK IRU QRW RQO\ E\ XV EXW E\ RXU QHDU DQG GHDU RQHV DOVR ,Q OLIH ZH ZLOO DOZD\V EH UHPHPEHUHG IRU RXU GHHGV 1RWKLQJ FDQ GHVWUR\ UWXH RXU JHQHURXV DFWV E\ WKH YLUWXH me during of which we earn name and fame /LIH GRHV WKH RQH OLIH ZH KDYH WR VSHQG /LIH GRHV not just mean the existence off concrete ERG\ EXW OLIH LV D FRPELQDWLRQ RI RXU QDPH RXU GHHGV DQG WKH YLEUDWLRQV ZH UDGLDWH LQ WKH FRVPRV /LIH LV XQFHUWDLQ 7KH RQO\ WKLQJ FRQVWDQW LQ OLIH LV FKDQJH DQG WKXV LW LV LQ our own interest to adapt to the changes DQG XWLOL]H HYHU\ PRPHQW RI OLIH :KDWHYHU KDSSHQV LQ OLIH ZH FDQ PDNH WKH EHVW RI LW 1RWKLQJ VWD\V WKH VDPH IRUHYHU 8QFHUWDLQWLHV FDQ PRWLYDWH XV WR SUDFWLFH DFFHSWDQFH OLYH LQ WKH PRPHQW DQG HPEUDFH WKH DGYHQWXUH RI OLYLQJ Let us ponder on some of the SRVVLELOLWLHV RI /,9,1* 7+( /,)( WR its optimum: Â&#x2021; Be present: ,Q RWKHU ZRUGV EH DURXQG for people who want to spend time with

There are only two ways to live our life. One is as though nothing is a miracle. The other is as though everything is a miracle.. $OEHUW (LQVWHLQ you and enjoy every moment of that WLPH 2XU FKLOGUHQ JURZ XS DQG JR DZD\ DQG LI ZH GRQ·W EXLOG D UHODWLRQVKLS ZLWK WKHP ZKLOH WKH\ DUH ZLWK XV WKH\ ZLOO KDYH OLWWOH RU QR LQWHUHVW LQ Ã&#x20AC;WWLQJ LQWR RXU OLYHV ZKHQ WKH\ KDYH WKHLU RZQ happiness in Â&#x2021;Â&#x2021; Find every work:

3D\ JUDWLWXGH WR *RG /DXJK RXW ORXG DQG GRQ·W WDNH WKLQJV WRR VHULRXVO\ Â&#x2021; Grab the opportunities at one go: 'RQ·W KHVLWDWH EHFDXVH RI VRPH XQIRXQGHG IHDU RI IDLOXUH 0RVW worthwhile opportunities only come DURXQG RQFH Â&#x2021; Spread love: Never fail to let the SHRSOH \RX ORYH DQG FDUH DERXW NQRZ KRZ PXFK \RX ORYH WKHP 6D\ ´, ORYH \RXµ DW OHDVW RQFH D GD\ WR VRPHRQH \RX ORYH Â&#x2021; Live life kingsize: /LYH OLIH FKLOGOLNH Why not get out and have some fun and H[FLWLQJ WKLQJV WKDW WDNH \RXU EUHDWK DZD\" 1RW DOO RI XV DUH ULVN WDNHUV EXW why not do one or two things in a year

WKDW H[FLWH \RX DQG EULQJ D ZDYH RI IUHVKQHVV LQ \RXU OLIH Â&#x2021; Donâ&#x20AC;&#x2122;t count the past experiences: 7KH SDVW LV MXVW WKDW ² WKH SDVW 7KHUH LV QRWKLQJ \RX FDQ FKDQJH DERXW LW LW KDV DOUHDG\ KDSSHQHG 7KH IXWXUH LV QRW something that you can change with the DQ[LHW\ DQ[LHW\ DQG ZRUULHV RI WKH SDVW 7DNH the m moments as it comes and live HDFK HDFK GD\ WKH EHVW ZD\ \RX FDQ Â&#x2021;Â&#x2021; Forgive For and forget: If someone FRQVWDQ FRQVWDQWO\ GRHV \RX ZURQJ PRYH RQ IURP IURP WKDW IULHQGVKLS 7KHUH DUH ma many worthwhile people on this SO SODQHW ZKR GHVHUYH \RXU WLPH Â&#x2021;Â&#x2021; Do things as you like: But UHP UHPHPEHU ´)RU D VRXQG VOHHS QR SLOORZ SLOORZ LV DV VRIW DV FOHDU FRQVFLHQFHµ :H F :H FDQQRW SUHGLFW 7RPRUURZ EXW ZH FDQ ¶/LYH 7RGD\· 5HDOO\ we have only one life and we should strive to make our OLIH HWHUQDO $QG WR GR WKDW ZH QHHG QRW WR WKLQN DERXW WKH WKH TXDQWLW\ RI OLIH EXW WR WXUQ LW LQWR D LQWR D SLHFH RI XWPRVW ¶4XDOLW\· WR EH UHP EH UHPHPEHUHG IRUHYHU $ &]HFK ZULWHU 0LODQ .XQGHUD VD\V WKH ´EHLQJµ LV IXOO RI ´XQEHDUDEOH OLJKWQHVVµ EHFDXVH HDFK RI XV KDV RQO\ RQH OLIH WR OLYH (YHU\ OLIH LV XOWLPDWHO\ LQVLJQLÃ&#x20AC;FDQW HYHU\ GHFLVLRQ XOWLPDWHO\ GRHV QRW PDWWHU <HV LW LV WUXH /LIH LQ LWVHOI KDV JRW QR PHDQLQJ :H DUH WKHUH WR JLYH OLIH D PHDQLQJ

Mrityunjay Kr. Gupta General Manager (HR) +HDG 2IÃ&#x20AC;FH

Taarangan

June, 2017

211

BANKING PLUS

NEGATIVE INTEREST RATES getting curiouser and curiouser

ntroduction Basic economics dictates that all factors of production have a cost DWWDFKHG WR WKHP ² ODERXU ODQG FDSLWDO DQG PRQH\ $FFRUGLQJO\ ZH SD\ ZDJHV and rent and interest to compensate WKHVH IDFWRUV IRU WKHLU FRQWULEXWLRQ WR WKH SURFHVV RI SURGXFWLRQ Interest is paid on the money which LV ERUURZHG 2U LV LW" &DQ ZH KDYH a situation when interest is actually 5(&(,9(' RQ PRQH\ ERUURZHG UDWKHU WKDQ EHLQJ 3$,'" <HV ZH FDQ DQG that is exactly what is happening in some SDUWV RI WKH ZRUOG WKHVH GD\V 1HJDWLYH LQWHUHVW UDWHV PHDQLQJ WKHUHE\ WKDW DQ entity that lends money pays interest DQG WKH HQWLW\ WKDW ERUURZV PRQH\ HDUQV LQWHUHVW $ ZRUOG RI Ã&#x20AC;QDQFH WXUQHG XSVLGH GRZQ TXLWH OLWHUDOO\ 7KHUHIRUH LPDJLQH WKLV VLWXDWLRQ ² 0U $ ERUURZV ` ODF IURP KLV EDQNHU ZLWK D QHJDWLYH UDWH RI LQWHUHVW RI DQG DW WKH HQG RI WKH \HDU 5(&(,9(6

,

Many economies around the world, including the economies of the aforesaid countries / regions are experiencing extremely low growth rates. The Central Banks, therefore, would like the commercial banks in those countries to lend to industries, rather than depositing their funds with the Central Banks.

` DV LQWHUHVW ,Q TXLWH WKH RSSRVLWH VLWXDWLRQ LPDJLQH WKDW 0U % SODFHV ` 1 lac DV )L[HG 'HSRVLW IRU D \HDU DW D QHJDWLYH LQWHUHVW UDWH RI OHW XV VD\ VLPSOH interest for sake of easy understanding) with his Bank and receives ` RQ the maturity date !

Writing on the Wall 6R ZKDW LV WKLV SHFXOLDU SKHQRPHQRQ of negative interest rates (NIR) ?

What are the factors that can result in VXFK D GUDVWLF PHDVXUH WKDW IURP DOO SHUVSHFWLYHV VHHPV WR EH TXLWH XQMXVW DQG LQHTXLWDEOH "

If one were to track down what has KDSSHQHG LQ WKH JOREDO Ã&#x20AC;QDQFLDO PDUNHW HVSHFLDOO\ VLQFH DQG PRUH VR DIWHU WKH JOREDO Ã&#x20AC;QDQFLDO FULVLV SUREDEO\ 1,5 was a writing on the wall â&#x20AC;&#x201C; howsoever FUD]\ LW PD\ VRXQG LQ FRQFHSW ,QWHUHVW rates in USA (Fed Funds rate) crashed to D ORZ RI LQ 'HFHPEHU DIWHU UHDFKLQJ KHLJKWV RI LQ -XO\ $QG WKHQ DJDLQ DIWHU VFDOLQJ OHYHOV RI LQ -XQH LW VOXPSHG WR DOPRVW ]HUR IURP WR

6RXUFH 7KH ,QGLDQ %DQNHUV -DQ HGLWLRQ SXEOLVKHG E\ ,%$

22

leejebieCe

petve, 2017

US Fed Funds Rate Over Time Present Trend of Negative Interest Rates :KHUH GR ZH FRPH DFURVV 1,5V DW SUHVHQW" &HQWUDO %DQNV LQ -DSDQ 6ZHGHQ 'HQPDUN 6ZLW]HUODQG DQG WKH (XURSHDQ &HQWUDO %DQN DUH QRZ SD\LQJ QHJDWLYH LQWHUHVW RQ PRQH\V SODFHG E\ EDQNV ZLWK WKHP 7KH IROORZLQJ WDEOH JLYHV WKH GHWDLOV Central Bank

Since When

Present Interest Rate (% pa)

ZLWK WKHLU &HQWUDO %DQNV OHDGLQJ WR LQFUHDVHG HFRQRPLF DFWLYLW\ %XW WKDW LV QRW UHDOO\ KDSSHQLQJ 7KH UHDVRQ is that Banks do not want a repeat of ZKDW KDSSHQHG LQ $W WKDW WLPH WRR EDQNV ZHUH Ă XVK ZLWK IXQGV DV D FRQVHTXHQFH RI 4XDQWLWDWLYH (DVLQJ E\ &HQWUDO %DQNV 5HVXOWDQWO\ EDQNV OHQW WR customers they would have otherwise QRW OHQW WR WKHUHE\ OHDGLQJ WR WKH VXE SULPH FULVLV

7KHUHIRUH ZH KDYH D VLWXDWLRQ ZKHUH ZKLOH RQ RQH KDQG %DQNV DUH SUHIHUULQJ QRW WR OHQG DW WKH VDPH WLPH RQ WKH 'HQPDUN July 2012

RWKHU KDQG LQGXVWULHV DUH DOVR QRW Switzerland Jan 2014

SLFNLQJ XS EDQNV¡ IXQGV 7KLV LV EHFDXVH (&% June 2014

Ă&#x20AC;UVWO\ ,QGXVWULHV IHHO WKDW WKH HFRQRP\ Sweden )HE

is uncertain and therefore they do not ZDQW WR LQFUHDVH WKHLU LQYHVWPHQWV DQG Japan Jan 2016

VHFRQGO\ EHFDXVH WKH\ DUH DEOH WR VRXUFH 7KHVH DUH YHU\ ODUJH HFRQRPLHV DQG WKH IXQGV WKH\ UHTXLUH FKHDSHU WKURXJK UHVXOWDQWO\ DOPRVW RQH IRXUWK RI WKH ERQG PDUNHW DV DJDLQVW WKH %DQN WKH ZRUOG¡V *'3 FRPHV IURP DUHDV /RDQV PDUNHW ZKLFK KDYH \LHOGV WKDW DUH QHJDWLYH ,Q IDFW DOPRVW 86' WULOOLRQ ZRUWK RI This poor demand for funds leads to *RYHUQPHQW %RQGV LH PRUH WKDQ KDOI Banks parking the amounts with other RI ZRUOG¡V VRYHUHLJQ ERQGV Ă&#x20AC;JXULQJ LQ FRPPHUFLDO EDQNV LQ WKH ,QWHUEDQN D NH\ 6 3 *OREDO ,QGH[ YL] WKH 6 3 market â&#x20AC;&#x201C; which again goes into the *OREDO 'HYHORSHG 6RYHUHLJQ %RQG VDPH YLFLRXV F\FOH DQG Ă&#x20AC;QDOO\ EDFN WR ,QGH[ FDUU\ QHJDWLYH LQWHUHVW UDWHV 7KDW WKH &HQWUDO %DQNV $V FDQ EH VHHQ IURP LV WKH H[WHQW RI WKH SKHQRPHQRQ WKH DERYH WKH &HQWUDO %DQN V\VWHP LV D FORVHG V\VWHP DQG IXQGV ZLOO Ă&#x20AC;QDOO\ The â&#x20AC;&#x2DC;Whyâ&#x20AC;&#x2122; of Negative Interest Rates Ă&#x20AC;QG WKHLU ZD\ EDFN WR WKH &HQWUDO %DQNV $QG ZK\ DUH WKHVH &HQWUDO %DQNV SD\LQJ WKHPVHOYHV negative interest rates? :KDW ZLOO EH HIIHFWLYH LQ LQFUHDVLQJ 0DQ\ HFRQRPLHV DURXQG WKH ZRUOG IXQGV GHSOR\PHQW LV D ÂśSXOO¡ IDFWRU including the economies of the aforesaid ZKHUH EXVLQHVV FRQĂ&#x20AC;GHQFH JRHV XS DQG countries / regions are experiencing FRUSRUDWHV DUH ZLOOLQJ WR LQYHVW UDWKHU H[WUHPHO\ ORZ JURZWK UDWHV 7KH WKDQ D ÂśSXVK¡ IDFWRU ZKHUH EDQNV WU\ WR &HQWUDO %DQNV WKHUHIRUH ZRXOG OLNH WKH GXPS ORDQV RQ FRUSRUDWHV 1,5 UHJLPH FRPPHUFLDO EDQNV LQ WKRVH FRXQWULHV WR may actually lead to a situation where the OHQG WR LQGXVWULHV UDWKHU WKDQ GHSRVLWLQJ FRQĂ&#x20AC;GHQFH VHQWLPHQW LV GDPSHQHG HYHQ WKHLU IXQGV ZLWK WKH &HQWUDO %DQNV 7R PRUH discourage Banks from keeping surplus IXQGV ZLWK &HQWUDO EDQNV WKH ODWWHU Effect on Retail Interest Rates are charging interest instead of paying 3D\PHQW RI QHJDWLYH LQWHUHVW E\ &HQWUDO LQWHUHVW 7KH\ ZDQW WKH %DQNV WR OHQG %DQNV WR FRPPHUFLDO EDQNV GRHV QRW WKRVH IXQGV WR LQGXVWULHV PHDQ WKDW VXFK EDQNV DOVR SD\ QHJDWLYH ,GHDOO\ WKH DERYH PHDVXUH ZRXOG GR WKH LQWHUHVW WR WKHLU FOLHQWV GHSRVLWRUV

WULFN ² EDQNV ZRXOG OHQG WR LQGXVWULHV (YHQ LQ WKH QHJDWLYH UDWH UHJLPHV rather than keeping their money safely depositors are paid interest â&#x20AC;&#x201C; although

the rates at which interest is paid may EH QRPLQDO 7KH UHDVRQ LV WKDW LI %DQNV started charging interest on their retail GHSRVLWV LH SD\LQJ QHJDWLYH LQWHUHVW

the depositors would shift their savings WR RWKHU DOWHUQDWH LQYHVWPHQW DYHQXHV 7KH\ ZRXOG DOVR WHQG WR VLJQLĂ&#x20AC;FDQWO\ UHGXFH WKHLU EDQN EDODQFHV WKHUHE\ driving the economy towards a cash-only V\VWHP The emergence of the negative interest UDWH UHJLPH ZDV IXUWKHU VXEVWDQWLDWHG ZKHQ D IHZ (XURSHDQ &RUSRUDWHV LVVXHG ERQGV ZLWK QHJDWLYH \LHOGV 7KHVH LQFOXGHG 6DQRĂ&#x20AC; DQG 8QLOHYHU ZKLFK LVVXHG ERQGV ZLWK ]HUR SHUFHQW FRXSRQV DQG ZLWK \LHOGV ZKLFK DUH EDUHO\ SRVLWLYH $ UHFHQW LVVXH E\ 'HXWVFKH %DQN KDV EHHQ SULFHG DW FRXSRQ DQG D \LHOG RI

Effect of Negative Interest Rates on Commercial Banks :KHQ &RPPHUFLDO EDQNV DUH SDLG QHJDWLYH LQWHUHVW E\ &HQWUDO %DQNV EXW they cannot pass it on to their retail FXVWRPHUV DV GHVFULEHG DERYH WKHUH ZRXOG EH DQ DGYHUVH LPSDFW RQ WKH 1HW Interest Margins (NIM) of Commercial %DQNV 7KLV FDQ EH DQ XQKHDOWK\ VFHQDULR VLQFH WKH &RPPHUFLDO %DQNV LQ RUGHU WR RIIVHW SUHVVXUH RQ WKHLU 1,0V PD\ LQGXOJH LQ ULVNLHU EXVLQHVV OLQHV (including extending riskier loans) in RUGHU WR SURWHFW WKHLU PDUJLQV What Has Been the Effect of Negative Interest Rates on Economies? The Denmark Case The fundamental thought which drives the Negative Interest Rate regime is to JLYH D Ă&#x20AC;OOLS WR WKH HFRQRP\ 7KLV OHDGV XV WR D GHEDWH ZKHWKHU 1HJDWLYH ,QWHUHVW Rate Regime has actually resulted in HFRQRPLF EHWWHUPHQW " ,Q RUGHU WR H[DPLQH WKDW LVVXH OHW XV ORRN DW VRPH HFRQRPLF SDUDPHWHUV RI 'HQPDUN ² D country which has experienced Negative ,QWHUHVW 5DWHV FRQWLQXRXVO\ IRU D ORQJ WLPH ² VLQFH -XO\ +DV LW UHVXOWHG LQ HFRQRPLF ERRVW "

Taarangan

June, 2017

23

:H H[DPLQH VRPH HFRQRPLF FULWHULD RI 'HQPDUN VLQFH DQG WKHVH DUH LOOXVWUDWHG LQ D IHZ JUDSKV WDEOHV ZKLFK IROORZ GDP Growth:

7KHUH KDV EHHQ QR FRQVLVWHQW HQKDQFHPHQW LQ *'3 JURZWK rate Ratio of Household debt to GDP

2QH ZRXOG H[SHFW WKDW ZLWK UHGXFHG UHWDLO LQWHUHVW UDWHV FRQVHTXHQW WR QHJDWLYH ZKROHVDOH LQWHUHVW UDWHV WKH UDWLR RI KRXVHKROG GHEW WR *'3 ZRXOG ULVH LI UHWDLO ERUURZLQJ LQGHHG ZHUH VSXUUHG RQ E\ UHGXFHG UDWHV +RZHYHU WKH DERYH JUDSK VKRZV WKDW WKLV KDV QRW EHHQ WKH FDVH Household debt as a percentage of income

LQFUHDVH H[SRUWV DV DOVR LQFUHDVH WKH H[SRUWV WR *'3 UDWLR 7KLV UDWLR LV WUDFNHG RYHU WKH ODVW IHZ \HDUV IRU 'HQPDUN LQ WKH IROORZLQJ WDEOH DENMARK – EXPORTS TO GDP RATIO <($5 (;3257 72 *'3 2010

2011

2012

2013

2014

2015

7KH ([SRUWV WR *'3 UDWLR ZKLFK ZDV LQ KDV almost remained steady during the next 3 years and has stood DW LQ 1R LQFUHDVH +RZHYHU WKH 'DQLVK .URQHU '..

KDV FHUWDLQO\ GHSUHFLDWHG 7KXV DJDLQVW WKH 86' WKH 86' '.. UDWH ZHDNHQHG IURP LQ -XO\ WR LQ 2FWREHU ZKLOH LW UHPDLQHG DOPRVW VWHDG\ DJDLQVW WKH (XUR GXULQJ WKH VDPH SHULRG (85 '.. LQ -XO\ DV DJDLQVW LQ 2FWREHU ,W SRLQWV WRZDUGV PDLQWDLQLQJ VWDEOH '..

H[FKDQJH UDWH DJDLQVW WKH (XUR SRVVLEO\ WR DYRLG DQ\ ORVV RI H[SRUW FRPSHWLWLYHQHVV ZLWKLQ WKH (XUR =RQH $V VXFK WKH 1HJDWLYH ,QWHUHVW 5DWH UHJLPH LQ 'HQPDUN GRHV QRW DSSHDU WR KDYH EURXJKW IRUWK WKH GHVLUHG HFRQRPLF IUXLWV Effect of Negative Interest Rates on other Economies +RZ GRHV WKH 1HJDWLYH ,QWHUHVW 5DWH UHJLPH HVSHFLDOO\ LQ ODUJH HFRQRPLHV DURXQG WKH JOREH DIIHFW RWKHU FRXQWULHV " &HUWDLQO\ WKHUH ZRXOG EH PRYHPHQW RI IXQGV WRZDUGV UHJLRQV ZKHUH LQWHUHVW UDWHV DUH KLJKHU $QG LQ WKLV VLWXDWLRQ (PHUJLQJ 0DUNHW (FRQRPLHV OLNH ,QGLD ZRXOG VWDQG WR EHQHÀW $QG ZH GR KDYH H[SHULHQFHG WKLV DV VHHQ IURP WKH LQFUHDVHG ),, ÁRZV WR ,QGLD And, Finally …

7KH 1HJDWLYH ,QWHUHVW 5DWHV UHJLPH LV XQRUWKRGR[ DQG TXLWH VWUDQJH DV LW VHHPV WR JR DJDLQVW WKH EDVLF SULQFLSOHV RI (FRQRPLFV ,W ZLOO HLWKHU XVKHU LQ D QHZ HUD IRU &HQWUDO %DQNV DURXQG WKH ZRUOG RU LW PD\ ÀQDOO\ H[SRVH WKH OLPLW RI WKHLU SRZHUV +HQFH DV VWDWHG LQ ´$OLFH LQ :RQGHUODQGµ WKH VLWXDWLRQ RQO\ VHHPV WR JHW ´FXULRXVHU DQG FXULRXVHU µ 6RXUFH 7KH ,QGLDQ %DQNHUV -DQ HGLWLRQ SXEOLVKHG E\ ,%$

7KLV KDV DOVR QRW UHDOO\ LQFUHDVHG ,I IDFW LQ WKH ÀJXUH KDV DFWXDOO\ IDOOHQ IURP WR Effect on Exports 1RUPDOO\ QHJDWLYH LQWHUHVW UDWH UHJLPH OHDGV WR GHYDOXDWLRQ RI the home currency – since its demand would decrease as a UHVXOW RI LQYHVWPHQWV ÁRZLQJ LQWR KLJKHU \LHOGLQJ FXUUHQFLHV VD\ OLNH (PHUJLQJ 0DUNHW FXUUHQFLHV 'HYDOXDWLRQ VKRXOG

24

leejebieCe

petve, 2017

Sugata Kumar Datta *HQHUDO 0DQDJHU 5HWG

0XPEDL

| Û| j¦ } Î

d o }° { j¦ j¦ ¥ j¦ ã ã

o Û q j ¦ d Ø l ¥Ø }° { j¦ j¦ ¥ j¦ fz¤m t| j¦ Ø Î i }° i| Ûq Û r â Û i j ¦ k q Û¥ i }° { j¦ Û m | i d| d { j¦ Ûl x

o Û d o j ¦ Ø ÎØ Î zl q « j¦ ¥ j¦ fz¤m t| j¦ Ø Î i d }° Û | |t j¦vÖ i }° { j¦ Û d | |z }°j¦ x

e¥ fÏ d o }° { j¦ j¦ ¥ j ¦ ã ã d } d }° Û l Û j ¦ Î i f} d }° Û } k q } l v i d| d { j¦ Ûl

}° { j¦ j¦ ¥ ã } j ¦ fz¤m t| d } f} y Ø f} d o j¦ }° { j¦ Û z u j¦ t ܦ }° Î µ j ¦ }° o ¥ f} Î }° { j¦ Û i j ¦ z | d| d { j¦ Ûl x

e¥ fÏ d o }° { j¦ j¦ ¥ j ¦ fz¤m t| d } }° i| Ûq Û } Û d j ¦ Û Ø x

l q z d o « C u }° { j¦ j¦ ¥ j¦ fz¤m t| j¦ Ø Î i d }° Û q |® | } v Ø y u l° Îj¦x

l q z d o « | Û k « Û Û }° { j¦ j¦ ¥ j¦ fz¤m t| j¦ Ø Î i f} d }° Û d j ¦ q } ex¥ j¦ ¥ q z} d o

}° { j¦ j¦ ¥ o || e¥

j¦ ¥ o e¥ q z} d o

} t i u v j ¦ ® { | d o

Î vÖ d o

| v v dÎ z z d o

}° { j¦ j¦ ¥ Ø q o || e¥ d o

i °q dÎ z z d o

Taarangan

June, 2017

25

VIEW POINT 7+,1.,1*

Science Art Design gperimenUser focus Science Art Design Use User er ffocus ocus E Experiment xp nt Empathizing Idea Experiment E p i KH tSUREOHP Empathizing E 7HVp thi i g JHQHUDWLRQ 'HĂ&#x20AC;QLQJ WKH SUR REOHP 3URWRW\SH 3URWR RW\SH 7HVWLQJ DQG JDWKHULQJ ,GHD ,G J JHQHUDWLRQ WLH Art Des' 'HĂ&#x20AC;QLQJ Ă&#x20AC; L J WK WKH IHHGEDFN IURP RWKHUV 6FLHQ QFH ign Userr focus Experiment problem p bl P Prototype yp Testing ti g and d (PSDWKL]LQJ ,GHD JHQHUDWLRQ HQHUDWLR RQ 'HĂ&#x20AC;QLQJ 'HĂ&#x20AC; Ă&#x20AC;QLQJ WKH WKH SUREOHP 3URWRW\SH gathering g th i g J ffeedback db k ffrom others th 7HVWLQJ DQG JDWKHULQJ IHHGEDF IHHGEDFN FN IIURP URP RWKHUV 6FLHQFH 6 Art Design $1' +(5( &20(6 '(6,*1 7+,1.,1* onsciously or unconsciously design

& KDV EHFRPH DQ LPSRUWDQW WKLQJ LQ RXU OLYHV :KHWKHU LW LV D PDWWHU RI EX\LQJ D KRXVH RU DQ DLU FRQGLWLRQHU design is something which heavily LQĂ XHQFHV RXU GHFLVLRQ (YHQ ZKHQ ZH¡UH QRW EX\LQJ ZH DSSUHFLDWH DQ\ JRRG GHVLJQ ZH FRPH DFURVV 1RZ GHVLJQ LV QR PRUH DVVRFLDWHG ZLWK REMHFWV RQO\ 'RQ¡W EH VXUSULVHG WR VHH GHVLJQ associated with thinking which the VXEMHFW RI WKLV DUWLFOH LV 6WUDWHJLF WKLQNLQJ DQG &ULWLFDO WKLQNLQJ KDYH EHHQ SURSDJDWHG DV WRROV IRU FUHDWLQJ D EDODQFH LQ OLIH DQG PDWXUH GHFLVLRQ PDNLQJ 'HVLJQ WKLQNLQJ LV D QHZ FRQFHSW LQ WKH league and is slowly gaining ground in WKH OLYHV RI ERWK LQGLYLGXDOV DQG RUJDQL]DWLRQV 'HVLJQ WKLQNLQJ ZDV LQYHQWHG E\ Bernard Roth and other engineers at 6WDQIRUG ,W¡V W\SLFDOO\ XVHG WR LPSURYH RQ D VSHFLĂ&#x20AC;F SURGXFW RU H[SHULHQFH 7KLV WKLQNLQJ SURFHVV FDQ EH WXUQHG LQZDUG KHOSLQJ LQGLYLGXDOV EHFRPH KDSSLHU DQG PRUH VXFFHVVIXO Before we try to explain design thinking we should have a fair understanding of WKH PHDQLQJ RI GHVLJQ 3URIHVVRU 1LJHO &URVV KDV ZULWWHQ DQ RXWVWDQGLQJ ERRN Âś'HVLJQHUO\ :D\V RI .QRZLQJ¡ ,Q WKH ERRN KLV H[SODQDWLRQ RI GHVLJQ SURYLGHV HQRXJK IRRG IRU WKRXJKW 1LJHO VD\V ´(YHU\WKLQJ ZH KDYH DURXQG XV KDV EHHQ GHVLJQHG 'HVLJQ DELOLW\ LV LQ IDFW RQH

26

leejebieCe

petve, 2017

of the three fundamental dimensions RI KXPDQ LQWHOOLJHQFH 'HVLJQ VFLHQFH DQG DUW IRUP DQ Âś$1'¡ QRW DQ Âś25¡ UHODWLRQVKLS WR FUHDWH WKH LQFUHGLEOH KXPDQ FRJQLWLYH DELOLW\ Âľ Nigel has given the following description IRU 6FLHQFH $UW DQG 'HVLJQ Science Ă&#x20AC;QGLQJ VLPLODULWLHV DPRQJ things that are different Art Ă&#x20AC;QGLQJ GLIIHUHQFHV DPRQJ WKLQJV that are similar Design FUHDWLQJ IHDVLEOH ÂśZKROHV¡ IURP LQIHDVLEOH SDUWV )URP WKLV EULHI H[SODQDWLRQ RI GHVLJQ it is clear that design is a whole created IURP SDUWV DQG LV DERXW SRVVLELOLW\ 7R GHVLJQ LV WR FUHDWH DQG VROYH 6WHYH -REV RI $SSOH IDPH GHĂ&#x20AC;QHG GHVLJQ LQ RQH RI KLV TXRWHV Âś'HVLJQ LV QRW MXVW ZKDW LW ORRNV OLNH DQG IHHOV OLNH 'HVLJQ LV KRZ LW ZRUNV¡ 6R GHVLJQ LV DERXW SUDFWLFDELOLW\ 3UREOHPV DQG FKDOOHQJHV DUH D ZD\ RI OLIH +RZ WKHVH DUH GHDOW ZLWK GHWHUPLQHV WKH JURZWK DQG VXFFHVV 7KLV LV WUXH IRU ERWK LQGLYLGXDOV DQG RUJDQL]DWLRQV 2UJDQL]DWLRQV IDFH ELJJHU FKDOOHQJHV DQG VWDNHV DUH KLJKHU IRU WKHP ,Q this ever changing and competitive EXVLQHVV HQYLURQPHQW RUJDQL]DWLRQV need a paradigm shift in how they look for solutions for existing as well DV QHZIRXQG SUREOHPV DQG ZRUN ZLWK structured approach to keep coming

XS ZLWK VROXWLRQV 'HVLJQ WKLQNLQJ LV D VWUXFWXUHG DSSURDFK IRU Ă&#x20AC;QGLQJ LQQRYDWLYH RXW RI ER[ VROXWLRQV WR SUREOHPV ,W GLIIHUV IURP WUDGLWLRQDO SUREOHP VROYLQJ DSSURDFKHV LQ PXOWLSOH ZD\V ,QVWHDG RI SUREOHP IRFXVHG LW LV PRUH VROXWLRQ IRFXVHG 'HVLJQ WKLQNLQJ GHYHORSV WKH DELOLW\ WR PXOWL VHQVH WR VHH SDWWHUQV ZKLFK PRVW RIWHQ DUH QRW YLVLEOH WR RWKHUV 7KXV LW EHFRPHV HDVLHU WR LPDJLQH IXWXUH QHHGV DQG SDWWHUQV 'HVLJQ WKLQNLQJ GHĂ&#x20AC;QLWHO\ KDV D IXWXULVWLF RULHQWDWLRQ DQG FDQ EH XVHG WR FUHDWH DQG SODQ IRU WKH IXWXUH 7R EHFRPH D GHVLJQ WKLQNHU ZH QHHG to follow certain principles which are EULHĂ \ GHVFULEHG EHORZ User focus: As a design thinker we KDYH WR ORRN DW WKH LVVXH IURP XVHU¡V SHUVSHFWLYH )RU H[DPSOH DQ\ QHZ V\VWHP RU SURFHVV LQ WKH EDQN VKRXOG EH GHYHORSHG E\ NHHSLQJ XVHUV LQ WKH PLQG 7KLV XVHU PD\ EH FXVWRPHU RU HPSOR\HH Right framing of the problem: The IRFXV VKRXOG EH WR Ă&#x20AC;QG RXW WKH FRUH LVVXH 8QGHUVWDQGLQJ WKH FDXVH RI WKH SUREOHP LV DV LPSRUWDQW DV WKH SUREOHP LWVHOI Collaborate: $ GHVLJQ WKLQNHU VKRXOG EH RSHQ WR WKH LGHDV RI RWKHUV ,Q PRVW RI WKH FDVHV LW LV EHWWHU WR GLVFXVV DQG JHW WR NQRZ ZKDW RWKHUV WKLQN Experiment: 2QH VKRXOG H[SORUH SUDFWLFDO VROXWLRQ 7KH VROXWLRQ VKRXOG EH ZRUNDEOH

Visualize: Visualizing how your thinking ZLOO EULQJ FKDQJH LV DQ LPSRUWDQW SULQFLSOH LQ GHVLJQ WKLQNLQJ A design thinker has to think like a GHVLJQHU )RU WKLV WKH PLQGVHW VKRXOG EH WXQHG WR GHVLJQ WKLQNLQJ +HUH ZH QHHG WR EH HPSDWKHWLF FXULRXV XQSUHMXGLFHG and interested in knowing the people DQG HQYLURQPHQW DURXQG XV :H VKRXOG WKLQN KROLVWLFDOO\ DQG ZLWKRXW FRQVWUDLQWV :H DUH UHTXLUHG WR EH RSHQ WR DPELJXLW\ DQG EH UHDG\ IRU XQH[SHFWHG $OVR ZH VKRXOG EH UHDG\ WR UHVSHFW GLYHUVLW\ LQ personality and thoughts knowing well WKDW QRW HYHU\RQH LV H[SHFWHG WR EH OLNH XV RU WKLQN OLNH XV 'HVLJQ WKLQNLQJ LV WU\LQJ WR XQGHUVWDQG WKH LQĂ&#x20AC;QLWH SRVVLELOLWLHV EHIRUH GLYLQJ LQWR RQH VROXWLRQ 'DYLG .HOOH\ IRXQGHU RI ERWK ,'(2 one of the most famous design consulting Ă&#x20AC;UPV JOREDOO\ and Stanford SCIENCE 8 Q L Y H U V L W \ ¡ V LV Ă&#x20AC;QGLQJ Institute of similarities 'HVLJQ KDV VWDWHG DPRQJ - â&#x20AC;&#x2DC;The mission of WKLQJV WKDW design thinking DUH GLIIHUHQW is to translate ART REVHUYDWLRQ LQWR insights and LV Ă&#x20AC;QGLQJ insights into GLIIHUHQFHV products and DPRQJ services that will WKLQJV WKDW LPSURYH OLYHV ¡ are similar According to DESIGN him the design LV FUHDWLQJ thinking process IHDVLEOH EURDGO\ FRQVLVWV RI following 5 steps â&#x20AC;&#x2DC;wholesâ&#x20AC;&#x2122; matching with the IURP principles stated LQIHDVLEOH DERYH parts. From 1. Empathizing: WKLV EULHI H[SODQDWLRQ Learning what the LVVXHV DUH 2QH RI GHVLJQ should have a fair LW LV FOHDU understanding of WKDW GHVLJQ all dimensions is a whole RI D SUREOHP FUHDWHG from different IURP SDUWV S H U V S H F W L Y H V DQG LV DERXW EHIRUH D VROXWLRQ SRVVLELOLW\ FDQ EH WKRXJKW 7R GHVLJQ RI ,W LV DERXW the LV WR FUHDWH uncovering QHHGV DQG VROYH

'HĂ&#x20AC;QLQJ WKH SUREOHP 'HĂ&#x20AC;QLQJ WKH SUREOHP H[SODLQV ZKLFK TXHVWLRQ DUH ZH going to answer or what solutions we DUH ORRNLQJ IRU" :H UHTXLUH PD[LPXP clarity in understanding and explaining WKH SUREOHP 3. Idea generation: Generating multiple SRVVLEOH VROXWLRQV LV WKH QH[W ORJLFDO VWHS 5HPHPEHU WKH DGDJH WR Ă&#x20AC;QG WKH EHVW LGHD \RX VKRXOG KDYH ORW RI LGHDV 7KH EHVW LGHDV FRPH IURP WKLQNLQJ EH\RQG SUHGLFWDEOH VROXWLRQV 4. Prototype: %DVHG RQ WKH DERYH D IUDPHZRUN RU SODQ RI DFWLRQ LV GHYHORSHG It is important not to insist on perfection ZKLOH DUULYLQJ DW WKLV IUDPHZRUN RU SODQ There is room for experimentation DQG IDLOXUHV /HDUQLQJ IURP IDLOXUHV LV considered highly important in design WKLQNLQJ 3URWRW\SH PHDQV SXWWLQJ WKH LGHDV LQ XVDEOH IRUP 5. Testing and gathering feedback from others: The outcome of design WKLQNLQJ KDV WR EH SXW WR XVH WHVWHG DQG UHVSRQVH WR EH JDWKHUHG ZKLFK PD\ SURYLGH YDOXDEOH LQSXWV IRU DOO WKH VWDNHKROGHUV 7HVWLQJ LV ZKHUH XVHUV FDQ Ă&#x20AC;QDOO\ H[SHULHQFH DQG UHDFW WR WKH LGHDV 7KLV VWHS LV KHOSIXO IRU UHĂ&#x20AC;QLQJ WKH SURWRW\SH OHDUQLQJ PRUH DERXW WKH XVHU DQG LGHQWLI\LQJ ZKHWKHU RU QRW RXU SRLQW RI YLHZ SUREOHP VWDWHPHQW ZDV DFFXUDWH /RRNLQJ SRVLWLYHO\ WRZDUGV IHHGEDFN DQG Ă&#x20AC;QGLQJ YDOXH LQ LW DUH FRQVLGHUHG VWUHQJWKV RI D GHVLJQ WKLQNHU A design thinking approach means LQYROYLQJ WKH XVHUV LQ WKH SURFHVV 1RW RQO\ GRHV WKLV SURYLGH EHWWHU VROXWLRQV it also means that the users feel part of WKH SURFHVV 7UDGLWLRQDO SUREOHP VROYLQJ RIWHQ WDNHV D PHWKRGLFDO RU PHFKDQLFDO DSSURDFK ,GHQWLI\ D SUREOHP ORRN IRU VROXWLRQV E\ GHĂ&#x20AC;QLQJ VWHSV WR WDNH DQG WRROV WR XVH then stick to the plan and hope for the GHVLUHG UHVXOWV 7KLV SUREOHP VROYLQJ PHWKRG PD\ DSSHDU WR EH VLPSOH DQG VWUDLJKW IRUZDUG EXW LW ODFNV Ă H[LELOLW\ DQG LQQRYDWLRQ 7KHUH LV SRVVLELOLW\ RI VROXWLRQ WR SURYH LQHIIHFWLYH ,I WKH SUREOHP LV QRW FRUUHFWO\ LGHQWLĂ&#x20AC;HG RU WKH UHDO VRXUFH FUX[ RI WKH SUREOHP is not understood the real solution will QRW EH IRXQG ,QVWHDG RI VWDUWLQJ ZLWK D SUREOHP GHVLJQ WKLQNLQJ VWDUWV ZLWK REVHUYDWLRQ ,W¡V PRUH FRQFHUQHG ZLWK understanding of the culture and the

FRQWH[W RI D SUREOHP WKDQ WKH SUREOHP LWVHOI ,Q GHVLJQ WKLQNLQJ PHUH DSSOLFDWLRQ RI PHWKRGV LV QRW HQRXJK 7KHVH PXVW EH DSSOLHG ZLWK DSSURSULDWH DWWLWXGH DQG VSHFLĂ&#x20AC;F JRDOV Suppose an audio-visual marketing FDPSDLJQ KDV WR EH ODXQFKHG IRU VRPH SURGXFW RU VHUYLFH RI D EXVLQHVV RUJDQL]DWLRQ 'HVLJQ WKLQNLQJ DSSURDFK towards creating such a campaign will ORRN IRU DQVZHUV WR IROORZLQJ TXHVWLRQV among others- Who are the target audience?

- What is the single important message that the campaign wants to communicate? :K\ VKRXOG SHRSOH EHOLHYH ZKDW LV conveyed in the campaign? :KDW YLVXDOV ZRUGV DQG WRQH VKRXOG EH XVHG" - What do we want people to think and feel after watching/ experiencing the campaign? :KDW DUH WKH UHTXLUHPHQWV IRU creating/launching the campaign?

- Which are the most effective channels to launch?

- In what way the campaign is likely WR DIIHFW WKH EXVLQHVV" 'HVLJQ WKLQNLQJ FDQ EH VHHQ DV D WRRO WKDW PD\ KHOS FRQĂ&#x20AC;JXUH QHZ EXVLQHVV PRGHOV DQG SDWWHUQV ,W FDQ VLJQLĂ&#x20AC;FDQWO\ improve customer experiences which all progressive organizations want to KDSSHQ Business schools in our country have already seen some value in inculcating design thinking in their students and IRU PDQ\ RI WKHVH VFKRROV WKH VXEMHFW LV FRYHUHG LQ WKHLU FXUULFXOXP 1RZ LW is time that our training colleges take some initiative to teach design thinking WR VWDII PHPEHUV ZKR FRPH WKHUH IRU WUDLQLQJ 9DULRXV IDFHWV RI LWV XVH VKRXOG EH H[SODLQHG WR WKHP VR WKDW WKH\ VHH GHVLJQ WKLQNLQJ DV D SURFHVV RU DV PHWKRG D WRROER[ D PHQWDO DSSURDFK D FXOWXUH RU D PL[ WKHUHRI IRU EHQHĂ&#x20AC;W RI VHOI DQG WKH RUJDQL]DWLRQ

Vijay Prakash Srivastava %35 +HDG 2IĂ&#x20AC;FH

Taarangan

June, 2017

27

EMPLOYEE ACHIEVEMENT

Vinod Chandrashekhar Dixit of NBG (C) enters Limca Book of Records 2017 Longest letter to the Editor Vinod Chadrashekhar 'L[LW ERUQ 'HF

RI $KPHGDEDG *XMDUDW ZURWH D ZRUG letter to the editor of Free Press Gujarat which was printed in WKH HGLWLRQ RI 0DUFK

Most letter to the Editor in a Month 9LQRG &KDGUDVKHNDU 'L[LW ERUQ 'HF RI $KPHGDEDG *XMDUDW KDV OHWWHU WR HGLWRU SXEOLVKHG LQ YDULRXV QDWLRQDO QHZVSDSHU DQG PDJD]LQH LQ 0DUFK 'L[LW ZKR KDV EHHQ ZULWLQJ OHWWHUV WR HGLWRU VLQFH KDV RYHU OHWWHU WR HGLWRUV RI DURXQG QDWLRQDO DQG LQWHUQDWLRQDO QHZVSDSHUV DQG PDJD]LQH

Limca Book of Records 2017 for most letters to editors in a month and longest RI WKH SURPLQHQW FRQWULEXWRU RI RXU ,Q ZRUG OHWWHU WR SUHVV E\ DQ LQGLYLGXDO +RXVH -RXUQDO Âś7DDUDQJDQ¡ LV D PDQ RI SXEOLVKHG LQ QHZVSDSHUV +H KDV HQWHUHG OHWWHUV D JUHDW PDQ\ OHWWHUV +H LV ,QGLD¡V /LPFD %RRN ZLWK KLV PRVW 1R RI PRVW SUROLĂ&#x20AC;F OHWWHU ZULWHU EHJDQ ZULWLQJ OHWWHUV WR QHZVSDSHUV LQ WR YRLFH KLV DQJHU DJDLQVW VRFLDO HYLOV %\ KLV FRXQW the 52-year-old Manager working in our National Banking Group (Central) has had more than 6000 letters to the editor SXEOLVKHG LQ PRUH WKDQ QHZVSDSHUV RYHU WKH ODVW \HDUV 'L[LW LV D NQRZQ SHUVRQDOLW\ IRU UHDGHUV RI QHZVSDSHUV IRU KLV Âś/HWWHUV WR (GLWRUV¡ WDNLQJ XS FDXVHV RI QDWLRQDO DQG SXEOLF LQWHUHVW E\ ZULWLQJ OHWWHUV WR QHZVSDSHUV :ULWLQJ OHWWHUV KDV EHHQ DQ DGGLFWLRQ IRU 'L[LW +LV SDVVLRQ IRU ZULWLQJ LQ newspapers made his name included in &KDQGUDVKHNKDU 'L[LW D 9 LQRG -RXUQDOLVW ZULWHU FDUWRRQLVW RQH

VD\V KH JLYHV VRFLDO VHUYLFH EHFDXVH KH EHOLHYHV WKDW OLIH LV LQFRPSOHWH XQOHVV ZH donate something for the welfare of our VRFLHW\ 7KH DUWLFOHV ZULWHQ E\ 6KUL 'L[LW KDV EHHQ SXEOLVKHG LQ YDULRXV 1DWLRQDO DQG ,QWHUQDWLRQDO +RXVH -RXUQDO +H KDV EHHQ DZDUGHG E\ YDULRXV UHSXWHG institutions for writing paper on various WRSLFV +H LV UHJXODU FROXPQ ZULWHU IRU YDULRXV QHZVSDSHU +LV KDV KLV RZQ FODVV RI ZULWLQJ VNLOO +H KDV FRQWULEXWHG OHWWHUV SXEOLVKHG LQ D PRQWK ORQJHVW many articles for our In-House Journal OHWWHU ZRUGHG DIWHU EUHDNLQJ Âś7DDUDQJDQ¡ +H KDV NHSW HYHU\ FRS\ RI the record of 115 most letters in a ,Q KRXVH -RXUQDO Âś7DDUDQJDQ¡ IRU WKH ODVW PRQWK DQG ZRUGHG OHWWHU RI D SOXV \HDUV SUROLĂ&#x20AC;F ZULWHU 0DKHVK .DSDVL IURP 1HZ 'HOKL +H KDV D YDVW FROOHFWLRQ of letters received from authorities on high posts acknowledging his VHOĂ HVV VHUYLFH IRU WKH QREOH SXEOLF FDXVH +H LV DQ DFKLHYHU EHFDXVH RI KLV SDVVLRQ WR ZULWH DQG ZULWH 'L[LW

%2, 3$5,9$5 :,6+(6 +,0 025( 68&&(66 ,1 )8785(

28

leejebieCe

petve, 2017

àj¦ j¦ Ø

¬¸£ ˆÅ }¸ ¸¸¬¸

d}¸u ¸ ¬¸ÝÅ£ ¸ l ¿ ¸ ÏŸ¸¬¸ÝÅ£

j¦ d ¢Ü¦ e v Ø « j¦ }° l Î q Î z | f|Î «| l ÛØ i d Î | j¦Û o || e¥ « y Ø l ÛØ dj¦ z Û « j ¦â Ø d Î Î x e|ÎÛ Ø « « j ¦â i Ø ã Û Îà q l j¦Û j¦Û Û j¦ « j¦ r x ÎÛ } f|Î «| d} | Û o j¦ q j¦ }° ¢v§ | d d vd e q | l j¦Û ã Û j¦ d} | Û }° ã j¦ ã Û Î j¦Ûx ¥ « f|Î «| d d j¦ ¥Ø d} | z l ÛØ Ï Û v j ¦ y Û^ j¦ Ø Îàx i j¦ q f| j¦ l ÛØ j¦ ܦ d l cÖ x ÎÛ ij¦ Ø Û q Ø | d q ã Û d} | e Î | j¦ d l cÖ | Îà àj¦ j ¦ j¦ }° j¦ Î Îàx Î j¦ÎØ Îà j¦ àj¦ d ¢Ü¦ e v « d j¦ Î Î Ø }° || Îà d à j ¦l j ¦ y y l ÛØ j¦ ã Û d l q | j¦ }° j¦ Î Îàx Î j¦ÎØ Îà j¦ dã Û Ø j¦ àj¦ | f| j¦ Î Ø Î l j¦ Î d f| j¦Û e }° Ø ã j¦Û j¦z ã Û Î ÎÛ Î x

à Î j¦ e ¥ d} | Û o j¦ àj¦ j¦ | j¦

k | g d o j¦ j¦ ¥ « j¦ ¥ Ø }° { j¦ } Û q Ø | l x Û l Ø e q Û | Îà j¦| f| j¦ r j¦ l ÛØ « Î x e Û j¦ j ¦ ÎØ d q f| j¦ | f z l j¦ j¦ j¦ « « d Ø Î x Û q Ø | l j ¦ l i Î Ø } q Û l ÛØ q d k £ Î d e jצ Û^ Î o j¦ Îà x k Ø Î Î j¦ àj¦ « j¦ ¥ Ø Î Ø Î i ¥ « f|Î «| d} | e jצ l ÛØ j¦ d ¢| e| o j¦ q j ¦ i f|Ϋ j¦ Ü¦Û Î| ã Û ÎÛ Î x Û q Ø | l j¦ d} | j¦ ¢ q j ¦ z| « ÎÛ l j¦Û j¦ j¦ Î q j ¦ o Ø f|Î «| j¦e¥ }° Ø l Ø « « ã Û ã l d } j¦ ã Û q ÛØ x f|Î «| d} | Û e q | l j¦Û } cÖ e¥ j ¦ y y d} | Û l ÛØ j¦Û j¦ ã Û q Û k x ¥ « f|Î «| d} | } Î l ÛØ d k ¤ Û^ j¦ q z z j ¦ Ø d « | Î Ø } z j¦ x f Û

ÎÛ Û q Ø | l j¦Û } Ø| Û ã Û }° Ø ã | Î x Û Ø Û | l l ¥ tÐÛ Ø j¦Û o j¦ Îàx f| j¦Û j¦e¥ } « t l j¦ j ¦ }° Ø uØ ^ Ø y d t¥ l°Î « q j¦ l | ¥ «t ^ Ø y d t¥ l°Î o vÛl cÖ d o vÛl cÖ Ø j¦ dj¦ z Û eØ z «

Ø Î x f|Ϋ d} | Û e j¦ j ¦ j¦ j¦e¥ y | ¸ } j ¦Ø ã Û j¦ l Î x z o } Ø Î Î Û q Ø | l d Û Ø Û | l l ¥ z | « j¦ d} | Î | d q | | j¦ j §} j ¦ | d l cÖ Î« Îà q ÎÛ | « l ÛØ j¦ d o j¦ j¦ d| k l Î x Û Ø Û | l l ¥ | « t d ¢Ü¦ Üצ e| d t¤ ¥ } « t l Ø y « o d ¢Ü¦ Üצ e| d t¤ ¥ } « t l j¦Û f} { l | ¥ «t j¦ ¢ q d ¢Ü¦ d t¥ o vÛl cÖ Î j¦Û q j ¦ z | f|Ϋ « o vÛl cÖ Ø j¦ dj¦ z Û ¸ Û Û ®| y t l j¦ ¢ } ã Û | Ø j¦ l x y ÎÛ y f|Ϋ l Ø d « o ¡vÜl c× Ù j§ dj§ { Ü d v¦ | Ø j¦ l x « f|Ϋ o vÛl cÖ l | ¥ «t j¦ ¢ q d ¢Ü¦ d t¥ d v¥ | Ø j¦ l x d} | Û j¦ j ¦ e ܦ « f|Î | « j¦e¥ }° Ø l Ø d d }°z ¥| Û « « ã l q | « Î ÎÛ « o vÛl cÖ Ø j¦ dj¦ z Û ¸ Ø j¦ dj¦ z Û | e¥ z Û j ¦ d t¥ l°Î « d q Ø j¦Û l Û }°z ¥| Û ã Û Î q Î }°z ¥Ø f| j¦Û } « t l j¦ ã Û Î| Ûx Î d j¦ Ø Îà j¦ e| j¦Û e j¦ j ¦ { àj¦ d ¢Ü¦ e v j¦ ÎÛ | ÎÛ d } Ø Î tÐ j¦ | ã Û | Î l x Ûd d e¥ } Û j¦ z | j¦Û ܦ Ø j¦Û j¦ | j¦ Ø Î x

Ù ~ ¡v k | g d o

Taarangan

June, 2017

EMPLOYEE ACHIEVEMENT

7+( 52$',2*5$3+(5 $ -RXUQH\ WR /LPFD %RRN RI 5HFRUGV /%5

Q KLV RZQ ZRUGV 6KUL 6KDUPD My fellow Bankers and even other friends VKDUHV KLV VWRU\ IRU RXU UHDGHUV ask me that how I did it? How the idea *HWWLQJ RQHV QDPH UHĂ HFWHG LQ of doing this came into my mind? How /%5 FHUWLĂ&#x20AC;HV WKLV" 7KHLU FXULRVLW\ Limca Book of Records (LBR) is for knowing the something like a wild WKLQJV EHKLQG /%5 dream for many of insisted me to share XV ,W ZDV VDPH IRU P\ VWRU\ PH WZR \HDUV DJR +RZHYHU WRGD\ E\ :H WKH ZRUNLQJ WKH JUDFH RI DOPLJKW\ class people EOHVVLQJ RI DOO P\ especially the dear friends and Bank %DQNHUV DUH KDELWXDO RI ,QGLD , IHHO SURXG RI SUHGHĂ&#x20AC;QHG WR EH D /LPFD %RRN working hours of 5HFRUG KROGHU DERXW KRXUV LQ D GD\ :H KDG D The success story of our The journey of Ă&#x20AC;[HG GDLO\ URXWLQH staff member getting Limca of coming and Shri Gopal Krishan Sharma Book of Records is JRLQJ EDFN IURP (Chandigarh Zone) DOZD\V FKDOOHQJLQJ RIĂ&#x20AC;FH :H VWDUW making in to +RZHYHU IRU PH IHHOLQJ ERUH RI LW Limca Book of Records P\ WHDP PHPEHUV and start searching 0U $MD\ -DJJD ² 0\ is worth appreciating and s o m e t h i n g childhood friend & motivating for all of us. different from a driving passionate our monotonous DQG 0U .DUDQ 9DLG ² schedule to A hardcore motorist r e j u v e n a t e with whom I came across during RXUVHOYHV 7KH VDPH ZDV ZLWK PH this expedition made it easy under WKH JXLGDQFH RI RXU PHQWRU WKH &KLHI two years ago and I was in search of 0U + 9 .XPDU +9. , VKDOO UHPDLQ VRPHWKLQJ ZKLFK FRXOG UHMXYHQDWH PH LQGHEWHG WR DOO RI WKHP IRU UHVW RI P\ ZLWK QHZ VSLULWV DQG ]HDO OLIH IRU JLYLQJ PH WKH UHDVRQ WR EH SURXG 2QH GD\ P\ FKLOGKRRG IULHQG $MD\ RI WROG PH DERXW WKH WKHQ /LPFD %RRN

,

Everything is possible with sheer hard work and strong determination.

30

leejebieCe

petve, 2017

of Record of circumventing Golden 4XDGULODWHUDO 'HOKL².RONDWD²&KHQQDL² 0XPEDL²'HOKL WRWDO GLVWDQFH RI DERXW .LORPHWHUV DSSUR[ E\ FDU LQ hours and shared his intention of cracking WKLV UHFRUG ,W VRXQGHG YHU\ FKDOOHQJLQJ and exciting to me and I expressed my willingness to join him for the event at WKDW YHU\ PRPHQW $MD\¡V IULHQG .DUDQ was already in touch with him for this expedition hence we all three decided WR XQGHUWDNH WKLV FKDOOHQJLQJ WDVN EXW LW ZDV QRW DQ HDV\ WDVN WR DFFRPSOLVK :H QHHGHG WR SUHSDUH ZHOO IRU LW )URP WKDW GD\ RQZDUGV ZH VWDUWHG collecting all the relevant data from all WKH DYDLODEOH VRXUFHV :H ZHUH OXFN\ HQRXJK WKDW RXU PHQWRU DQG &KLHI 0U + 9 .XPDU ZKR LV NQRZQ DV ´+XPDQ *36Âľ NLQGO\ FRQVHQWHG WR EH RXU PHQWRU IRU WKLV FKDOOHQJLQJ WDVN 7KH Ă&#x20AC;UVW DQG IRUHPRVW WKLQJ ZDV WR EH DZDUH RI WKH URXWH WKRURXJKO\ 2XU mentor HVK did a micro level route SODQQLQJ FRYHULQJ DOO WKH GHWDLOV YL] DFWXDO GLVWDQFH WR EH WUDYHOOHG ZKLFK particular point of the circuit to start IURP ZKLFK GLUHFWLRQ WR IROORZ PHDQV *4 WR EH FLUFXPYHQWHG FORFNZLVH RU DQWLFORFNZLVH ZHDWKHU DQG WUDIĂ&#x20AC;F FRQGLWLRQV ORFDWLRQ RI UHIXHOLQJ VWDWLRQV HQURXWH WUDIĂ&#x20AC;F WUHQGV LQ SDUWLFXODU DUHD WR DYHUW WUDIĂ&#x20AC;F MDPV DQG DSSURSULDWH timing to cross those area and the type

RI YHKLFOH WR FKRRVH IURP DYDLODEOH DOWHUQDWHV HWF $IWHU FRPSOHWLRQ RI WKH WDVN ZH informed the Limca Book of Records /%5 DERXW RXU WHQWDWLYH GDWHV IRU WDNLQJ WKLV FKDOOHQJH 7KH\ SURYLGHG us with rules/regulations/guidelines DQG RWKHU GRFXPHQWV ORJERRNV HWF UHTXLUHG IRU WKLV H[SHGLWLRQ *36 GHYLFH IURP ´0DS P\ ,QGLDµ IRU WUDFNLQJ RXU movement throughout the journey ZDV LQVWDOOHG LQ RXU YHKLFOH :H ZHUH LQIRUPHG RI VXEPLWWLQJ WKH WROO UHFHLSWV WR /%5 DQG REWDLQ VLJQDWXUH RI VRPH SURPLQHQW SHUVRQV LQ WKH ORJERRNV HQURXWH :H FKRVH )RUG (FRVSRUW IRU WKLV H[SHGLWLRQ 1H[W VWHS ZDV WR SUHSDUH WKH YHKLFOH IRU WKLV JLJDQWLF WDVN :H JRW WKH vehicle thoroughly checked / serviced DQG DOO WKH QHFHVVDU\ PRGLÃ&#x20AC;FDWLRQV replacement of parts was done as per RXU UHTXLUHPHQWV 6LQFH WKLV ZDV JRLQJ WR EH DOPRVW QRQ VWRS MRXUQH\ WKH QH[W thing was to choose the packaged food WR EH FDUULHG DORQJ ZLWK ZKLFK FDQ JLYH us lot of energy during our journey ZLWKRXW OHWWLQJ XV ERWKHU WR VWRS RXU YHKLFOH TXLWH RIWHQ 2Q WKH ' GD\ L H th 6HSW ZH started our journey in the wee hours DW $ 0 IURP 'HOKL DQG KHDGHG towards Kolkata via Agra on Yamuna ([SUHVVZD\ $OO RI XV WKUHH ZHUH TXLWH MXELODQW DQG H[FLWHG DV ZH ZHUH FRQÃ&#x20AC;GHQW WKDW ZH ZHUH JRLQJ WR FUHDWH WKH KLVWRU\ :H UHDFKHG .RONDWD YLD .DQSXU²$OODKDEDG 9DUDQDVL²$VDQVRO²

'XUJDSXU DW DURXQG +UV DQG ZHUH IRU WKH UDLQ WR VWRS :KHQ WKH LQWHQVLW\ TXLWH KDSS\ RQ FRPSOHWLQJ WKH Ã&#x20AC;UVW OHJ of the rain diminished and we resumed RI RXU PLVVLRQ ZHOO EHIRUH VFKHGXOHG RXU MRXUQH\ DW VQDLO SDFH %\ WKH GDZQ WLPH the weather was clear and we were )URP .RONDWD ZH KHDGHG WRZDUGV KHDGLQJ WRZDUGV 3XQH )URP 3XQH ZH WRRN 0XPEDL 3XQH ([SUHVV %KXEDQHVZDU :H UHDFKHG The journey of ZD\ WR UHDFK 0XPEDL %\ WKH %KXEDQHVZDU DW DURXQG getting Limca WLPH ZH UHDFKHG 0XPEDL 04:30 Hrs in the morning Book of Records is our respected Chief â&#x20AC;&#x201C; HVK on 13th Sept 2015 and continued towards Chennai always challenging. was there to Marshal us RXW RI WKH 0XPEDL 5RDG via Vishakhapatnamâ&#x20AC;&#x201C; However, for me, my team members, ZDV VXSHUE IURP 0XPEDL 9LMD\DZDGD²1HOORUH :H Mr. Ajay Jagga, My WR $KPHGDEDG H[FHSW D reached Chennai By-Pass PDVVLYH MDP DW %KDUXFK :H childhood friend & DW DURXQG KUV %\ WKDW had a tough time at some a driving passionate WLPH ZH KDG DOUHDG\ VSHQW around 41 Hrs on the wheels and Mr. Karan Vaid, places in Rajasthan as far and were feeling to have a a hardcore motorist as road conditions were concerned along with heavy OLWWOH EUHDN :H KDG D VKRUW with whom I came WUXFN WUDIÃ&#x20AC;F :H UHDFKHG VWD\ DW &KHQQDL %\ 3DVV across during this -DLSXU E\ WKH GDZQ DQG ZHUH ZKHUH RXU PHQWRU +9.·V expedition made KRSHIXO WKDW ZH ZLOO EH DEOH IULHQG 0U -\RWKLYHOOX it easy under the to hit our starting point ZDV ZDLWLQJ IRU XV :H guidance of our ZHOO EHIRUH WKH SUHYLRXV had dinner together and record though we were little KHDGHG WRZDUGV %DQJDORUH mentor, the Chief Mr. H V Kumar ZRUULHG DERXW WKH WUDIÃ&#x20AC;F DW :H ZHUH QRW VDWLVÃ&#x20AC;HG (HVK).

I shall remain *XUJDRQ²'HOKL KLJKZD\ EXW with our performance in indebted to all of everything went well and we WKH VHFRQG OHJ L H IURP reached our starting point them for rest of my .RONDWD WR &KHQQDL EXW LQ 'HOKL DW D P RQ with the hope of covering life for giving me 15th 6HSWHPEHU 2XU WKH JDS ZH VWDUWHG ZLWK the reason to be MR\ NQHZ QR ERXQGV DIWHU more determination and proud of. reaching at our starting point ¶HQWKXVLDVP· EHFDXVH ZH FUHDWHG D QHZ 1DWLRQDO 7KH FKDOOHQJHV DUH SDUW RI WKLV MRXUQH\ UHFRUG 8QIRUWXQDWHO\ DIWHU WUDYHOOLQJ IRU DERXW .0V IURP &KHQQDL ZH HQFRXQWHUHG $IWHUZDUGV ZH VXEPLWWHG DOO WKH UHOHYDQW KHDY\ UDLQV WKHUH ZDV DOPRVW 1LO documents to LBR within stipulated time YLVLELOLW\ LQ WKDW GDUN QLJKW DQG ZH OHIW RI GD\V RI FRPSOHWLQJ RXU H[SHGLWLRQ with no option except to halt and wait )LQDOO\ /%5 LVVXHG XV WKH FHUWLÃ&#x20AC;FDWHV LQ the month August 2016 after completing DOO LWV SURFHGXUDO IRUPDOLWLHV , IRQGO\ FKHULVK DOO WKH ORYHO\ PRPHQWV ZH VSHQW WRJHWKHU DQG PDNH RXU GUHDP FRPH WUXH )ULHQGV GR JLYH VRPH WLPH WR \RXUVHOYHV LQ WKLV EXV\ ZRUOG DQG KDYH IXQ LQ \RXU OLIH ZLWK SXUSRVH

Gopal Krishan Sharma =RQDO 2IÃ&#x20AC;FH &KDQGLJDUK

Taarangan

June, 2017

31

m m z Ø j¦ Î Ø

{ Ï { } d¡o

z Î z | k k d }° Û d |z j ¦ | Ø l° Îj¦ j¦ l Î h j¦Û o Û z Ø Î ix

z Î z | k k | Ø l° Îj¦ j¦ l Î h }°zÏ j¦ Ø Î i ¤}° d i Û i j ¦ } || x

z Î z | k k | Ø l° Îj¦ « j ¦ y uj¦ ¦vÖj× ¦Û k z Î z | d o

32

¦vÖj¦Û k z Î z | d o

| tÎ Û k

Û| l k

q } k

Ø l q k

q } k

leejebieCe

petve, 2017

d|Â&#x201A;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122;

%DXED]DDU %UDQFK .RONDWD =RQH

Kolkata ¡Zone

Goa Zone

'KDQEDG =RQH

Guwahati Zone

Ludhiana Zone

'KDQEDG =RQH

'KDQEDG =RQH

'KDQEDG =RQH

Bokaro Zone

Bokaro Zone

Bokaro Zone

Agra Zone

Agra Zone

Guwahati Zone

&RLPEDWRUH =RQH

&RLPEDWRUH =RQH

%HOJDXP %UDQFK +XEEOL 'KDUZDG

Taarangan

June, 2017

33

à j¦ l } à j ¦l j¦ f} ã §Ø à j ¦l j ¦ ¦} « ã Û ¢£ t q | q Ø Î x t à j ¦l j ¦ d|Ø l ¥Ø j ¦} | « | l j ¦ q d l d l f} ã §Ø d « j ¦ i ij¦ àj¦ ¸ d « j ¦ }° { | Îàx e| d « « o Ø d tÐ q § | k Ø « { j¦ §Ø l Ø h v t j¦ v¥ d ¨ ¦ vt j¦ v¥ Îàx Ø q Û z Ø }° Ø } { Û¥ Î }° µ l j¦Û j ¦ d { j¦Ø f} l j ¦ y Ø k Ø Î i l° Û ã Ø j¦ } ¥ à j ¦l | j¦ l° Îj¦ | j¦ « « { d | Û Ø j¦ ¦} | { ¥ Ø « j¦Û }° }Ø d z Ø y « j ¦ tj¦ ã Ø « t à j ¦l j¦Û z « d ã | fØ} z « d d « j¦ vq e| j¦ | l° Îj¦ d { j ¦ Ø } vÖ z z k l Î x ã Ø « t à j ¦l } e Ø j¦ l Î Î j¦ fØ} z j ¦ | ¥ d k } Ø j ¦ } t| ¥ « ij¦ | tj¦Û z d Î x Ø q Û fã Ø Î i f} ã §Ø z j¦ t à j ¦l fØ} z « j¦ v¥ h j¦ t e¥qv fØ} z « d d « j¦Û · j¦Û l j ¦ zã ¥ « ã j¦ } j¦ }°ã zk e¥ } vÖØ Î x j¦ }° Ø y } Ø d } { ¥ « k | j ¦ i t à j ¦l } ¥ d q Ø q Û z Î Î x ij¦ Ø Ü¦ t à j ¦l j¦ j ¦ d }°z | j¦ Ø Î Ø z Û Ø Ü¦ o | Ø £ }°z | j¦ Î Î x d q j¦ t à j ¦l | | Ø Û| | zÛ Ø d « } d { Ø Î ¡ ʭ ij¦ { j¦ fØ} z q t | ¨ ¦ vt j¦ v¥ Û | d }° Ø ã Ø

ʭ ij¦ { j¦ Ø j¦ ¢ «t k e t | t itÛi d j¦ j¦ j ¦ j¦e¥ o | Ø y ʭ j¦e¥ l° Îj¦ Î f} ã §Ø m d j¦ ¢} ¥ t x fÙ~ { ©§Ü j § f~ ¢ ã Ø « t à j ¦l j¦ e ¥ | Û m t| | ÎÛ Î x Î j¦ Û | j¦ Û ¦} « Î µ | ÎÛ Î x l Ø z z j¦ « t à j ¦l Î Ø àj¦ j ¦ i | tÐÛ à j ¦l j¦ } ¥ | l Û Î x Ø j¦| Ûj¦Û ¦} z Ø } j ¦ }° Ø à j ¦l fµ l j¦Û ã j¦ }° Ø ¨¦ Î e¥ Î x àj¦ | f} { Ø j¦| Ûj¦ d { | « j¦ } } ܦ z Ø Î i l° Îj¦ « j ¦ | q ã || fØ} z vq e¥| j¦i d q « fØ Îà O d e e ¨¦ | | | r Ø 34

leejebieCe

petve, 2017

Îà ʭ j¦ÎÛ ã Û d j¦ Û ã Û à j ¦l j¦Û { x ʭ v fØ} z d ¢Ü¦ zi q Î Îàx ʭ Ø q Û t| ¥ d f v t e « j¦ Ûx ʭ l° Îj¦ t } ܦj¦ fØ} z l i Îàx ʭ k l° Îj¦ j¦ àj¦ l° Îj¦ z z l Î x d l° Îj¦ Ü¥¦ ° o j¦ | ÎÛ d } Ø àj¦ j¦ l° Îj¦ Î x ʭ j¦ t j¦Û d j¦Ø d « d

t à j ¦l fØ} z ¨¦Û j ¦ „œ¸¸¡¸ ‚¸¾£ ã Û o | Ø Û Ø d « }° ܦ « q } } ܦ j¦ Î x t à j ¦l j ¦ j¦ }° t fØ} z « « d h §Ø l Ø h d ¢t | h ¢l q¥ | ¨ ¦ vt j¦ v¥ d v¤ d z j¦Û k Ûz j ¦ i f} ã §Ø h Îàx àj¦ } f} ã §Ø d « j¦Û q ¦ Ø j ¦ Î | i }° v§t¤ Ø Î Îà y Î ¢ v h e § tÛ i} Ûj ¦ | j ¦ i h x

}° Ø l Ø d l Ï j ¦ z « fØ} z ¨¦Û ij¦ vÖ o «q Î x àj¦ ã Û e o «q dâ Ø | ÎÛ Î Îàx Î } l° Îj¦ « j¦Û q Ø « j ¦ Î l ã l ã Û t }° v§t¤ q z Îàx d q Ø e Ø j¦Û Î j¦ Î e| }° v§t¤ j¦ d} | q z l° Îj¦ « d | i l° Îj¦ « Ø j¦ j ¦ } Î o i j ¦ | i l° Îj¦ Ø j¦ « f|Ϋ àj¦ q v « d fØ} z v Û j¦ àj¦ j ¦ i | Ø d | Å Ø j¦ }° ¢ ܦt d q ¥Ø j¦ «x Î q | Ø Îà j¦ e j ¦ i j ¦â f} j¦ | Î «l x i j ¦â }°ã Û f} | | | j¦i q j¦Ø Îàx m m { Ù j§¢ Î àj¦ j ¦ }° { | z j¦ i Ûe¥d Û zÛ| { Î } ¸ Î ÎÛ j¦ · j¦Û z m m z Ø j¦ i àj¦ d ¢Ü¦× e v Î Ø d ã j¦ q | j¦ ¥¨¦ t fØ} z « j¦Û }°ã Û v Û Û j¦ | j¦Û z ij¦ z l Û j¦z Î x m m z Ø j¦ j¦ Ø Ø} ¥ Î j¦ Î « d} | Û d « d d} | fØ} z « j¦ f} ã §Ø d « Ø j¦ k z j¦ q | Î l x | i l° Îj¦ | | d q z l° Îj¦ « Ø j¦ d} | Û i Ø y fØ} z } Î o | j ¦ i Î q l Î d} | Û q zl Û k | Û Î l Ûx l « } y d « Û{ z y } Ø j¦ f| j¦Û q ¦ Ø r j¦ f|Ϋ d} | Û d « d }° v§t¤ j¦Û } j¦ j¦ | Û Î l Ûx }°Ø j¦ §Ø dy y j¦ ã Û l° Îj¦ j ¦ | q z k | Î l x d} | Û ° v Ø y fØ} z j¦Û Ø d « j¦ ã Û Ø y q z l° Îj¦ « j¦ Ø | r | Î l x fÙj § t l± Ïj§ ¢ ij¦ §×Ø y q d j ¦ z j¦ « àj¦ d j ¦} | } Û Ø Î q } Î Û ÎØ Û y Ûx ° v Îz j¦ y d l° Îj¦ « j ¦ } j¦ } | ÎÛ y x uÛj¦ e j ¦ } Ø d j¦ dy ¥ y « | Ø j¦ Ø Î Î l° Îj¦ | k Û q « j ¦q }° { | } j¦ ¥ i d q Ø j¦Û q | l Û Îàx | j ¦ l° Îj¦ j ¦ tj¦ d } Ø ã }°zØ j ¦ tj¦ ã Û z | ã « àj¦ i à j ¦l j ¦} | dã Ø } ¥ c l }° Ø } { ¥ « | Î| j ¦ i m ¥ j¦ ÎÛ Îàx àj¦ j ¦ j ¦¥ t l d }° v§t v} t¥ «t j¦ q z¥ Ø o | Ø Û ÎÛ Î x i « q ¦ Û Î j¦ Cl° Îj¦ { }° { |

dy j¦ t¤ | } } àj¦ q z ܦ j¦ j¦ «x e l° Îj¦ « j ¦ | | j¦

r | j¦ j¦ l x fØj ¦ t l° Îj¦ j¦ Û ã Û àj¦ j ¦ ÎØ d j¦ t¤ j¦ d { Ø ã Î x ij¦ àj¦ j¦ q Ø | ÎØ d j¦ t¤ Î l fØ | ÎÛ j ¦ d ã }°z f j¦ Î l x e j ¦ d Ø §Ø ÎØ Û| j¦ t ¥ àj¦ j ¦ j¦ ¥o « « · d Ø t | j¦ ã Û ij¦ ܦ j¦ j¦ Î x d ã }°zØ § j¦ Û{ Û{ àj¦ j¦ ¥ « j ¦ ÎØ « q vÛ Î e i ã Û Î « l° Îj¦ j¦ }¥ Û | Î l x ÎØ Û| l° Îj¦ fy } tÛ j¦ j¦ j¦ Ø Û Î x ~±{ ¦} f} k } Ù Ù ¢ }°z ¥| z | Ø j¦ l| | d } j¦ j¦ d ã Û Î Î x µ } àj¦ j¦ Û | j¦ Û ¦} « | Ø Ø j¦ }°z ¥| f| k | k | j ¦ i }° Ø ÎØ j¦ Ø Î Îà Ø y } e d d { j¦ { | z j¦ | Ø Ø j¦ }°z ¥| | k | q i Ø t }° v§t¤ j ¦ i l° Îj¦ | | fØ} z j ¦ i f q z j¦ | d fØ} z o | q z ¦o Ûj¦ d o « q l Î j¦Ø Î x ~ } d ©§Ü j§Ü d | } j§Ù } Ü Ù ¢ Î « l° Îj¦ j ¦ Î j¦ r | Î l x f j¦Û eܦt e ã }°zØ d Î ° v j ¦ }° Ø f j¦Û { j¦ r | Î l x q j¦Û l Ø { « j¦Û tvÛ j¦ Ø Î i f|Ϋ d} | Û ° v Ø y fØ} z j¦Û Ø i }°ã Û Ø Ûj ¦ r | Û Î «l Ûx ã zÛ j ¦¥ t l d ã | o j¦ | i j¦ t q v|Ö Î «l x i }° } ¢et ¤ q Î l° Îj¦ Îã l Î j¦ j¦Ø Îà f| j¦Û } Îo | j¦ Ø Î i ã z j¦ l° Îj¦ « j¦ j¦ } d ¢Ü¦ z j¦ | i k | Î l x ã || l° Îj¦ l ¥ j¦Û q ¦ Ø }° ܦ e d Ø j¦Û } Îo | j¦ Ø Î i ¨¦ ¢ l j¦ d} | d ¢Ü¦× ¢ t cÖ Ø Î| Î l x l° Îj¦ j ¦ z Ø Î j¦ d} | | Î l d f j¦Û q ¦ Ø j ¦ d| fØ} z | | Ø y o | j¦ | « zz j¦ | Û Î l Û y ÎÛ Ø z| z | Û Î l Ûx j ¦¥ t l ev } j¦ t j¦ fØ} z o Ø Î i Ø j¦ t e } | ¥ Ø Î i 7$7 j¦ j¦t j¦ | j ¦ ÎØ j¦ r | Î l x Ù j § j § o } ¢ ã || | v Û Û o | j¦ }°ã Û ¦} « e Ø j¦ | j¦Û Ø Ü¦ j¦ Ü¦Û { | z q | o Îix d q j¦ l° Îj¦ l ¥ Ø j¦| Ûj¦Û j ¦ Ø j¦ } } ã fu | o ÎØ Î x k j¦ l ¥ q Î t }° v§t¤ j¦ k f} ã §Ø Î Î Ø j¦| Ûj¦Û { d « j ¦ d { } ij¦ àj¦ z àj¦ q | « z | ÎÛ l Ø x Î v Û Û j ¦ } ¥}Ø

j¦ } j¦ o | | Ü¥¦ f} { j¦ | Î «l d } Ø f| j ¦ e Ø j ¦ i l° Îj¦ « j¦ Ø | Î l f|Ϋ Î Ø j¦ | Û Î l Ûx ä Ù ¬ t á j¡§l j § d d ä Ü o } Ù ¡¢ ã Ø q j¦ Û z « t à j ¦l j ¦ d} d Îàx ã Ø j ¦ d y ¥j¦ j¦ j¦Û l y « t à j ¦l ij¦ Î Ø ÎØ } ¥ m tj¦ j ¦ ¦} « fã j¦ d Î x °j¦ %5,& j¦Û } t¥ « ã Ø j¦ fã Ø Û d y ¥j¦ Î §Ø j ¦ ¦} « z k q Î Î x j¦ }° { i Îj¦ ܦ ¥ $ 7 .HDUQH\ j ¦ d| fã Ø Î i q « « ã Ø z | } d | ¥ { j¦ d j¦ ¥j¦ t l Ø t v t| | Î x ã Ø Û { l ¥ j¦ fz e { « ij¦ ÎØ } ¥ d z Û j¦ j¦ Î x { l ¥ j¦ foo d l ¥ j ¦ j¦ cÖØ }° Ø Ø q Û Î| j¦Û f Ûz Î x d zÛ j¦Û ¨¦ §Ø cÖ ÎÛ Î x f} ã §Ø j¦Û { Ø Û ¨¦ §Ø §Ø l Ø h j ¦ }° Ø d { j¦ fz | q i j ¦ y j¦ ã Ø j ¦ t à j ¦l j ¦ i l z | z Î Îàx v d « %XQGOHG VHUYLFHV d Ø j ¦ Î d Û o | « j ¦ j¦ àj¦ d Ï Û l u| « « q z « « ã Ø m ¥ j¦| ª §t zk e¥ z Ø Î x t à j ¦l fµ l d f j ¦ ÎØ { j¦ « j ¦ i o | Ø § Îà" ¥}°y l± Ïj§ ¬ j§Ü d | ij¦ vÖÛ o | Ø Û | | q ÎÛ Î x Î ¥v ¥ q | « 5HLFKKHOG DQG 6DVVHU ¸ ij¦ { j ¦ d| à j ¦l « dl l° Îj¦ | i k | j¦ t t« | « }° Ø Ø j¦Û · Î Ø Û Î Ø } ¦} | Ü ¦ « }° Ø Ø Û d z Û « }° Ø Ø f} ã §Ø ¨ ¦ vt j¦ v¥ q « Ü¦Û zÛ Ø j¦ j¦Û · ã Î x e }°j¦ àj¦ « j¦ l° Îj¦ « j¦ | i k | j¦ t t« | d q « Î z Û cÖ | } q z | j¦Û Î Ø q Ø Î x c×Ù Ü h l± Ù Ù ã « o Ø j¦ ij¦ j¦ Î j¦Ø Î x e « ã Ø j¦Û y Ø ^ Î Î j¦ Ø z « j¦Û Ø Î | ÎÛ Îà q Î £ m h }° q d v } q e| j¦

j¦Û Ø | « j¦ÎÍ d { j¦ Î x Ø y } i } j¦ Ü¦Û d { j¦ d | Å Ø Ø } z j¦ Ø Îàx j ¦q ¨ ¦ vt « foo l° y §Ø o Ø d « j¦ ÎÛ { | « k ij¦ f} j ¦ ¦} « ã Ø Û ^ ¥ àj¦ | « j¦ ã }° Ø Ø cÖ j¦ }° Ø Ø j¦ x

o } ~± ¶ l j§Ü d d o | Ø £ z | « }°z | j¦ ÎÛ Î x Î £ Ø j¦ j¦ itÛi Û| « d e t | t à j ¦l j ¦ q z d| j¦ f} ã §Ø d} | Û } vÖ Û k d « j ¦ to « Î| } z j¦ Ø Îà d f| Û{ Û i Ø Îàx t §| ¢q Û | àj¦ j ¦ Ø k | t j¥¦ j¦ l° Îj¦ « j¦ i z | Î Ø q v Ö z Î x | t j¥¦ } | ã ¥ Ø | àj¦ j ¦ d e¥tÛ ã l j¦ | Û o | Ø d q z à} Û Îà j¦ t à j ¦l | t j¥¦ j¦ j ¦ }° { d «t| « j¦ q i j ¦ f f} §Ø d }°ã Û | j¦ k q ix fz Î j ¦ i | Å Ø j¦ | j¦ àj¦ j ¦ Ø }° v§t¤ d i Î Î q l Î } f} { Ϋ d q j¦Û t à j ¦l j ¦ i Î Ø d j¦ Î q Ø Î z Î d d q ¥Ø j¦ | Û Îà d }° Ø } { ¥ « Î| Îàx t á j¡§l ¬ j § e¦ Ü e¦ d } Ü £ }vÑl¡ q k dã Û Ø j¦ ij¦ d ÎØ } ¥ ´ Î x Î j¦ t | j¦ e « j¦ j¦Û { j¦Û q Î | Û ¢ |vÐl j ¦ i j¦ q k | q Ø Î Ø y } | i j¦ d} | Ø }° Ø } { ¥ j¦Û q Î j ¦ e¥ Û | « y Ø o Ø j¦ j¦ | j¦Ø Û Î x } Îo | z Ø q « j¦Û l ã Û Ø j¦ r Ø Î i f|Ϋ Ûj¦ j¦ | d d} Ø }° ¨¦ j¦ } | j¦ | q k j¦ j¦ q j¦Ø Î x } j§ ¦¢ àj¦ j¦ Ûj¦Û l° Îj¦ « j ¦ Î j¦ d{ | j¦ | j¦Û q ¦ Ø Î d Ø z| }° l j¦ fØ} z « d d « j¦Û } j¦ j¦ | Û o Îix v q t o | « j¦ fz àj¦ « j ¦ i ij¦ z | Ø Î Î Î x Ø Ø ¡ ij¦ Ø Ü¦ Î « ÎØ Û| l° Îj¦ d j ¦ } | | Û Ø }° Ø Î| i }° Ø y ã || l° Îj¦ l Õ j¦Û } z | } z j¦ { | « k j¦ d} | Û l Û }° µ l j¦Û j ¦ { t à j ¦l cÖ Ø Î| Î l ÎÍ z Û Ø Ü¦ ã Û o | Ø « j¦ | j¦ | j ¦ i ã Û k z j¦ Ø k | Î l { | Ø | Û Î «l Ûx

Ù ~ ¡Ï

} k } d o

Taarangan

June, 2017

35

d o m m z Ø j¦ Î Ø l Ø {

36

{ | k k { | d o

v z d o

k Ø z k Ø l | d o

{ | d o j¦ j¦ ¥

ã Û k { | z d o

Ø v k ã | d o

i Û Û k ã | d o

y } l | { | z d o

{ } u k | l } d o

i| Ûq Û r i â o Û d o

dq | Û o j¦ k | l } d o

} t| k } t| d o

} } Û k } d o

d | | l k } t| d o

} zÛ} k ã | d o

t j¦ k j¦ j¦ Ø d o

i i e¥ k l Î tÛ d o

} | k dÎ z z d o

leejebieCe

petve, 2017

Ø q k dÎ z z d o

q Û fµ | k } d o

Û| Û k q z} d o

j ¦ q k q { } d o

r v k q { } d o

d e¥i k q { } d o

d Î k ã } d o

l k k ã } d o

ÛÎ k ã } d o

GRAMIN BANK OF ARYAVART - QUARTERLY HIGHLIGHTS

XU %DQN LV VHUYLQJ WKH ÀIWHHQ districts of Uttar Pradesh with its +HDGTXDUWHU DW /XFNQRZ ,W LV WKH ODUJHVW Regional Rural Bank in the State of Uttar Pradesh and also among RRBs VSRQVRUHG E\ %DQN RI ,QGLD 'XULQJ WKH &XUUHQW TXDUWHU HQGHG -XQH %DQN KDV LQWURGXFHG WZR VFKHPHV IRU EXVLQHVV GHYHORSPHQW L $GRSWLRQ RI RQH YLOODJH E\ HDFK 5HJLRQDO 2IÀFH IRU LQWHJUDWHG YLOODJH GHYHORSPHQW DQG FUHGLW VDWXUDWLRQ LL ,GHQWLÀFDWLRQ RI VL[W\ IDPLOLHV SHU EUDQFK IRU SURYLGLQJ VXVWDLQDEOH HPSOR\PHQW IRU LQFRPH JHQHUDWLRQ

2

7KHVH VFKHPHV KDYH EHHQ LQWURGXFHG with a view to diversify our credit portfolio which is so far unduly skewed in favour of Short Term Agriculture OHQGLQJ DERXW RI 7RWDO &UHGLW LQ the form of Crop Loan leading to issues of over concentration and credit risk FRXSOHG ZLWK ORZHU UHWXUQ RQ DVVHWV 7KHVH WZR LQLWLDWLYHV ZLOO OHDG WR EHWWHU FXVWRPHU FRQQHFW UHVXOWLQJ LQ EHWWHU FXVWRPHU VHUYLFH GLYHUVLÀHG FUHGLW JURZWK DQG ORZ FRVW GHSRVLW EDVH WR LPSURYH WKH TXDOLW\ DQG TXDQWLW\ RI WKH EXVLQHVV ZLWK LPSURYHG WRS DQG ERWWRP OLQH The Bank has also actively pursued the FRQWLQXRXV DFWLYLW\ RI EUDQG EXLOGLQJ DQG SXEOLFLW\ ZKHUHLQ IROORZLQJ DFWLYLWLHV ZHUH XQGHUWDNHQ E\ WKH EDQN GXULQJ WKH TXDUWHU

,QWHUDFWLRQ DQG ([SRVXUH ZLWK International participants on rural DQG DJULFXOWXUDO ÀQDQFH ,QWHUDFWLRQ ZLWK 3UREDWLRQHUV RI ,QGLDQ (FRQRPLF 6HUYLFHV RQ YDULRXV DVSHFWV RI %DQNLQJ $UUDQJLQJ )LQDQFLDO /LWHUDF\ &DPSV 3DUWLFLSDWLRQ LQ 79 SURJUDPPHV ´%ROH 83µ RI 8WWDU 3UDGHVK IRU SXEOLFLW\ RI RXU VFKHPHV 3DUWLFLSDWLRQ RQ $NDVZDQL /XFNQRZ LQ WKH SURJUDPPH ´.ULVKL &KDUFKDµ on Crop Loan & KCC for the SXEOLFLW\ RI WKH %DQN DQG LWV VFKHPHV S B Singh &KDLUPDQ *UDPLQ %DQN RI $U\DYDUW

Taarangan

June, 2017

37

KNOWLEDGE PLUS

0LGQLJKW 7UDQVLWLRQ RI ,QGLDQ ,QGLUHFW 7D[ 6\VWHP ,*67

he much awaited Integrated Goods and Services Tax, commonly known as GST, has become the reality on midnight of 30th June, 2017 impacting our entire populace in varying degrees from the early hours of 1st July, 2017. Apart from the bold and the biggest tax reform, 1st July is also famous for so many important landmark days, a few of which are: I International Agricultural Day II Chartered Accountants Day III National Doctors Day

7

38

leejebieCe

petve, 2017

Before proceeding on the issue of GST with all its seriousness, letâ&#x20AC;&#x2122;s have a lighter view of this historic day. Everybody in the country is concerned about the welfare of the others: Politicians are agitating against GST because it is antibusiness tax regime and businessmen are agitating as it is anti-consumer whereas most of the consumers are even unaware of the provisions of the new tax system. It seems as if it was easier to understand numerous tax provisions of various states and the centre whereas understanding the single tax law of GST VHHPV WR EH YHU\ GLIĂ&#x20AC;FXOW DQG GDXQWLQJ task. These reactions would also have emanated from polyphasic sleep as the GST was launched on midnight with fast asleep tension free agriculturists & consumers, busy chartered accountants and ever ready doctors to face any eventuality of political, social and psychological estrangements due to protests and tax shocks.

Now, letâ&#x20AC;&#x2122;s discuss the issue of GST from the perspective of a common PDQ ZKLFK FDQ EH GHĂ&#x20AC;QHG DV WKH VLQJOH uniform indirect tax across all regions RI WKH FRXQWU\ KDYLQJ VSHFLĂ&#x20AC;F UDWH IRU VSHFLĂ&#x20AC;F SURGXFWV DQG VHUYLFHV FRYHULQJ entire gamut of products and services excluding electricity, petroleum products and alcohol with the intention to make WKH HQWLUH FRXQWU\ D XQLĂ&#x20AC;HG PDUNHW

having philosophy of â&#x20AC;&#x153;one nation, one market and one taxâ&#x20AC;? by merging all indirect taxes of the centre and the states.

In GST, there is no tax on production but on sales only, therefore, it is also known as the destination tax. Since, this is departure from existing production oriented tax leading to revenue loss for manufacturing states; therefore Central Government has promised to compensate the loss of manufacturing VWDWHV IRU D SHULRG RI Ă&#x20AC;YH \HDUV *67 comprises of four types of taxes: I SGST-State GST, collected by the State Govt & Union Territories with legislature II CGST-Central GST, Collected by the Central Government III UTGST-Union Territory GST (UTâ&#x20AC;&#x2122;s without legislature) IV IGST-Integrated GST, Collected by the Central Government Our exports are normally duty free and duties are levied on imports. These imports will continue to attract customs duty on arrival of goods and IGST on sale of these products in the country.

Import of services will attract IGST. There may be following scenario in GST implementation: I First and Final Sale in same State: In cases of sale within the

same state, CGST and SGST will be levied and collected by respective central and state agencies. With every successive sale, the sale price increases leading to payment of incremental tax after adjusting the credit of input CGST and SGST. II First sale in State and Final sale in different States: In case goods after the initial sale are moving to RWKHU VWDWH IRU Ă&#x20AC;QDO VDOH &*67 DQG 6*67 ZLOO EH OHYLHG RQ WKH Ă&#x20AC;UVW VDOH within the state as in the case of WKH Ă&#x20AC;UVW VFHQDULR DQG RQ WKH VDOH WR other state IGST will be levied after adjusting the input credit for CGST and SGST, which will be collected by the central government.

III First sale out of state and resale in that State: 6LQFH WKH Ă&#x20AC;UVW VDOH is interstate sale, IGST will be levied and collected by the central government and the subsequent sale is within the state CGST and SGST will be levied and collected by the central and state governments after adjusting the input credit.

IV Import of Goods and Services: In case of import of goods, customs duty will be levied by the

The successful implementation of the GST will make the entire country - a single market, which will not only offer the better economies of the scale but also optimise the utilization of our natural and human resources in the best interest of the economy.

central government and IGST will be levied on the sale in the country, which will be collected by the central government. Import of services will attract levy of IGST by the central government.

V Export of Goods and Services: The exports are zero rated under GST and the exporters can claim refund of the tax paid on inputs used in manufacturing and / or delivery of goods and services.

Objectives of GST: The major objectives of GST are: I One country, one market and one tax II Consumption oriented tax instead of manufacturing oriented III Eliminates double taxation & its cascading impact IV Improves compliance and reduces tax evasion V Widening and deepening of the tax base %HQHĂ&#x20AC;WV RI *67 7KH PDMRU EHQHĂ&#x20AC;WV of GST are: I Simple & uniform tax structure across the country II Revenue buoyancy III Integration of unorganized manufacturing sector ,9 1RQ LQĂ DWLRQDU\ LQ QDWXUH V Reduced bureaucratic interference due to auto credit adjustment Limitations of GST: Some of the limitations of GST are: I Mid - year implementation II Problems faced by e-commerce in terms of destination III Registrations in different states IV Artisans & MSMEâ&#x20AC;&#x2122;s at par with large industries in tax terms 9 ([SHULHQFH RI LQĂ DWLRQDU\ LPSDFW of GST in other countries VI Adaptability issues for new system Summary: 7KH VXFFHVVIXO LPSOHPHQWDWLRQ DQG Ă&#x20AC;QH tuning of the GST will lead to widening of the coverage of the indirect tax

network leading to revenue buoyancy with better tax compliance with reduced incidents of black marketing. No system is ideal or perfect in this dynamic universe, therefore GST is also beset with its own share of positives and negatives. No doubt GST is certainly an improvement over the previous indirect tax system of the country, but WKH HIĂ&#x20AC;FDF\ DQG HIIHFWLYHQHVV RI WKH GST has to be tested on operational and accounting parameters.

To sum up, it can be said that changes are always reactionary in nature evoking mixed reactions of positivity and negativity and the same holds good for Goods and Services Tax also. There will be teething troubles in the initial GD\V DQG WKH HIĂ&#x20AC;FLHQF\ DQG SURPSWQHVV in responding to these issues will go a long way in ensuring the smooth and successful implementation of the new tax system. The successful implementation of the GST will make the entire country - a single market, which will not only offer the better economies of the scale but also optimise the utilization of our natural and human resources in the best interest of the economy. In this ever-changing sociopolitico and economic environment on the national and international horizons, HYHU\ V\VWHP KDV WR Ă&#x20AC;QH WXQH LWVHOI with the passage of time and to remain relevant and contemporary and the same holds good for GST also.

S B Singh

Chairman, Gramin Bank of Aryavart, Lucknow

Shubhangi

D/o Shri S B Singh working as Risk Consultant, with CRISIL, Mumbai

Taarangan

June, 2017

39

m m z Ø j¦ Î Ø l Ø {

l q { d¡o

d Ûl cÖ k ¸ l Î h Ø

Ûd d e¥i k ¸ Î| h Ø

d l Û k ¸ l° Îj¦ uj¦

j ¦z z k ¸ l° Îj¦ uj¦

Î Û k ¸ k Ø k | Î Ø j ¦ }

Î q Î £} k ¸ Î| h Ø

ã l k ¸ h Ø

Ø k ¸ j ¦ Û Û h Ø

Î | } o Û k ¸ h Ø 40

l q z d o ¸ q j ¦ ã || l Õ Û j ¦ i l i l i d l° Îj¦ uj¦ « Ø j¦ à j ¦l i } Î o£ | d l « j ¦ y q v|Ö j¦ d q | j¦ l x j ¦ d} | f´ j¦ j¦ j¦ | j ¦ i Cm m z Ø j¦ Î Ø j ¦ d Ø l ¥Ø z| j¦ e¥ e¥ Ø j¦ Î ¢ l | j ¦ } |

i z| j¦ j¦ C Î ¢ l | z

| l x Î ¢ l | j ¦ } | j ¦ z | d o j¦Û ã Û k d « ÎØ Ø Û| j«¦® « | iv Î } v Ö d d Ûl cÖ « d| j¦ y | « } l Î h Î| h h §Ø l Ø h j ¦ Û Û ® d z h Ø k Ø k | d h q | k ¸ Î| h Ø

leejebieCe

petve, 2017

z k ¸ Î| h Ø

z z k ¸ h Ø

l q z d o ¸ CÎ e¥ àj¦ q | j ¦ | iv d q Ø j¦ ¥¨¦ j ¦ z | ¦vÛ| d t ¢} â d « j¦ | Ø i { Ø j¦ Ø Î i d }° Û q |® | } v x y « §t | iv k j ¦ u }° { j¦ Û Ø Û Îx

Î Î l j¦ d ã |

f~ { j§ Ï ~± ¡| j§l 0HQWRU *0V j§ k d ¡ ¡ d l }

d Î k ã } d o « ÎØ l° Î « j¦ Î| j¦Û o Û à} Ø }° Û q Û io l Û d }° Û Î l f} d }° Û z u j¦ }° d Î k Û Ø Û | Û Ü ¦| }° i i e¥ Û Û Û i| ¸ zÛ d| d { j¦ Ûl x

o Û k k o Û d o « Î l° Îj¦ j¦ Ûj ¦ Ø } }°z | j¦ Ø Î i }° i| Ûq Û r i â) Û i j ¦ k q Û¥x y « d }° | «t j¦vÖ }° d Û| Î i d { j¦ Ûl x

l q z d o l Î h Ø j¦ Ø Î i }° Û d j ¦ ¥ i d }° Û q |® | } v x

l q z d o j¦Û | iv k l° Îj¦ « j¦ h Ø Ø j¦ Ø Î i }° Û Ø q j ¦ l }Ø x

o Û d o j ¦ d }° | «t j¦vÖ Û d ã | j¦Û dl e¥ j¦ Ø Î ix y dl° Û q }° { j¦ i d o j¦ j¦ ¥ i k d « j ¦ d| d { j¦ Ûl x

q z} d o j¦Û d zØ } e¥ i k j ¦ l° Îj¦ j¦ l vÖÛ j¦Û o Û à} Ø Î i f} }° h ã l }°{ | j¦ ¥ Û Û i Î x y « d }° Û d j¦ }°j¦ z }° Û l Ø j ¦ Î }° Û j¦ r }° Û d j¦ j ¦ z | i d| t ܦ z l x

e¥ fÏ d o j¦Û k }° }°{ | j¦ ¥ Û d z j ¦ ¥x

e¥ fÏ d o j¦Û k l° Îj¦ j¦ h } Ø Ø j¦ Ø Î i f} d }° Û } k q } l v x

e¥ fÏ d o j¦Û k l° Îj¦ uj¦ j¦ d q | x

Taarangan

June, 2017

41

Practical Avenues to Increase Branch Level 3URÃ&#x20AC;WDELOLW\

YHU\ SHQQ\ VDYHG LV SHQQ\ HDUQHG· ([WHQG FRQFHVVLRQV RQO\ WR VHOHFW FXVWRPHUV EDVHG RQ D WKRURXJK FRVW WKH FDOO RI WKH KRXU (YHU\ EUDQFK HYHU\ EHQHÃ&#x20AC;W DQDO\VLV FRQFHVVLRQV RQFH RIÃ&#x20AC;FH HYHU\ VWDII ZKHWKHU WKH\ DUH DW H[WHQGHG WR D SDUWLFXODU FXVWRPHU WKH WKH Ã&#x20AC;HOG OHYHO RU DW WKH FRQWUROOLQJ RIÃ&#x20AC;FH SURFHVVLQJ RIÃ&#x20AC;FHU VKRXOG KDYH WKH VKRXOG KDYH D ¶FRVW FRQVFLRXV DSSURDFK· practice to check on the need to continue LQ WKHLU GD\ WR GD\ ZRUNLQJ $IWHU DOO WKH FRQFHVVLRQ $Q\ GHWHULRUDWLRQ LQ L

HYHU\ GURS RI ZDWHU PDNHV WKH RFHDQ 6R GHSRVLW EDVH RI WKH FXVWRPHU LL DYHUDJH LV WKH QHHG WR VDYH DW HYHU\ EUDQFK OHYHO holding of deposits in their Current and if the conscience spreads to all the DFFRXQW RU 6DYLQJV DFFRXQW LLL LQWHUQDO EUDQFKHV SOXV EUDQFKHV ZLOO PDNH D H[WHUQDO ULVN UDWLQJ LY DGYHUVH EDODQFH VLJQLÃ&#x20AC;FDQW LPSDFW IRU WKH EDQN DW WKH sheet ratios affecting the safety of the FRUSRUDWH OHYHO DGYDQFH Y KDELW RI OHYHUDJLQJ RQ RXU Here are some measures which all FRQFHVVLRQV ZLWK RWKHU EDQNV E\ WKH RIÃ&#x20AC;FHUV PRUH VR D %UDQFK 0DQDJHU FXVWRPHU YL QRW URXWLQJ RI VXIÃ&#x20AC;FLHQW FDQ DGRSW DW WKH EUDQFK WR FRQWURO WKH EXVLQHVV WKURXJK RXU EDQN DUH VRPH RI H[SHQVHV WR DXJPHQW IHH LQFRPH DQG WKH DUHDV WR EH GLVFXVVHG DW WKH WLPH RI LQFUHDVH SURÃ&#x20AC;WDELOLW\ DW EUDQFK OHYHO review while extending concessions in (QWHU WKH FRUUHFW DSSOLFDEOH 52, LQ 52, DSSOLFDEOH FKDUJHV the advance account; any error on the 7RS RI WKH FXVWRPHUV LQ DQ\ lower side is to the detriment of the EUDQFK FRQWULEXWH WR RI WKH EDQN DQG RQ WKH KLJKHU VLGH LV WKH ORVV EXVLQHVV FRQFHQWUDWH RQ LGHQWLI\LQJ RI WUXVW ZLWK WKH FXVWRPHU and extending your personalized services &ROOHFW DOO DSSOLFDEOH FKDUJHV WLPHO\ WR WKRVH FXVWRPHUV EUDQFK·V &$6$ ZLOO HVSHFLDOO\ 33& ,QVSHFWLRQ FKDUJHV DXWRPDWLFDOO\ LPSURYH 3RVWDJHV &RXULHU FKDUJHV HWF 33& WR LQYDULDEO\ WDNHQ LQ DOO FDVXDO VDQFWLRQV (QVXUH WR JHW FKHFNHG DOO WKH 'D\ (QG DOVR OLNH 72/ 72' &DVXDO /& %* statements meticulously so as to avoid DQ\ DIWHUVKRFNV ORVVHV WR WKH EDQN EXVLQHVVHV DOVR DIWHU DOO SUHYHQWLRQ LV EHWWHU WKDQ FXUH

( JRHV WKH ROG VD\LQJ 3URÃ&#x20AC;WDELOLW\ LV

42

leejebieCe

petve, 2017

&KHFN 3URÃ&#x20AC;W DQG ORVV VWDWHPHQW HYHU\ PRQWK E\ JHQHUDWLQJ )RUP % DQG compare with the previous month to LGHQWLI\ WKH KHDGV RI ([SHQVHV DFFRXQW which are increasing; immediately take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Ã&#x20AC;FH 0HPRUDQGXPV HWF 3ULQW RQ ERWK WKH VLGHV RI WKH papers while sending communication to FXVWRPHUV RIÃ&#x20AC;FHV H J 6DQFWLRQ /HWWHU

BANKING PLUS ,20 3URSRVDO 5HPLQGHU 1RWLFHV HWF (QFRXUDJH DOO FXVWRPHUV WR XVH RXU %DQN $70V RQO\ VR WKDW H[SHQGLWXUH LQFXUUHG RQ $70V FDQ EH UHFRYHUHG ,I RXU FXVWRPHU XVHV RWKHU EDQN $70V RXU EDQN KDV WR VKHOO RXW ` SOXV $OO RIIVLWH DQG RQVLWH $70V PXVW EH PRQLWRUHG IRU WLPHO\ UHSOHQLVKPHQW of cash so as to ensure that whosoever walks in to our ATM do not go without PDNLQJ D KLW 7KLV ZLOO LQFUHDVH RXU EDQN¡V IHH EDVHG LQFRPH DQ LQGLUHFW LQFUHDVH LQ SHU EUDQFK SURĂ&#x20AC;WDELOLW\ $OO &DVK Branches ensure to supply timely and VXIĂ&#x20AC;FLHQW FDVK WR $70 YHQGRU VR WKDW RSWLPXP EHQHĂ&#x20AC;W FDQ EH GHULYHG :KLOH OHDYLQJ WKH FDELQ RU GHVN RU D VHFWLRQ RI WKH EUDQFK and during lunch hours ensure that fans/AC/Lights and computer are VZLWFKHG RII 7KLV practice must EH UHOLJLRXVO\ DGRSWHG E\ DOO the employees E\ SURSHU sensitization; DIWHU DOO RIĂ&#x20AC;FH KDV EHFRPH RXU VHFRQG KRPH 0DUNHW ZLWK customers to use our internet services for remitting all type RI 7$;(6 WUDQVIHU RI IXQGV DSSO\LQJ IRU FKHTXH ERRN HWF ,W ZLOO QRW RQO\ KHOS FXVWRPHU WR VDYH WLPH EXW DOVR KHOS EDQN LQ HDUQLQJ FRPPLVVLRQ RQ WD[ UHPLWWDQFH 3URPRWH LQWHUQHW EDQNLQJ VHUYLFHV PRELOH EDQNLQJ WR DOO WKH FXVWRPHUV VR that foot fall of the customer at the EUDQFK FDQ EH PLQLPL]HG OHDGLQJ JUHDWHU FXVWRPHU VDWLVIDFWLRQ 0DQ\ WLPHV SHQDOWLHV DUH VWLSXODWHG as a deterrent to a customer for non-

compliance with certain stipulations LQ DQ\ DSSURYDOV 8QIRUWXQDWHO\ VXFK penalties are reversed or recommended for waiver irrespective of negligence RQ WKH SDUW RI WKH FXVWRPHU %UDQFK Manager should desist from such SUDFWLFHV 7DNH SULQW RXW RI HPDLOV GUDIW letters/articles/circulars only when it is DEVROXWHO\ QHFHVVDU\ 1HJRWLDWH ZLWK SDSHU YHQGRU IRU dispensation of putting newspapers for Sundays/Holidays and cut costs on the VDPH (QVXUH WLPHO\ SD\PHQW of electricity/telephone/ ZDWHU WD[ UHPLWWDQFH RI 7'6 HWF WR DYRLG DQ\ SHQDOWLHV (QJDJH FDVXDO /DERUHUV RQO\ LI QHFHVVDU\ 'XULQJ YLVLWV RI WKH RIĂ&#x20AC;FLDOV from NBG/ ' L Y L V L R Q D O 2 I I L F H =RQDO RIĂ&#x20AC;FH HWF QRUPDO courtesies will EH VXIĂ&#x20AC;FLHQW as against expenditure made RQ ERXTXHWV HWF

3HULRGLFDOO\ reconcile all entries LQ *(1686 681&5 $1' 681'(3 VR WKDW EDQN¡V IXQGV DUH QRW EORFNHG &DVK LQ WUDQVLW YRXFKHUV 3HQVLRQ FODLP DFFRXQW VKRXOG EH UHFRQFLOHG RQ WLPHO\ EDVLV WR PLQLPL]H WKH FRVW RQ Ă RDW IXQGV %DODQFH Âś1HW FOHDU DFFRXQW¡ RQ GD\ WR GD\ EDVLV 6WDII VKRXOG ERRN $LU WLFNHWV ZHOO ahead at the time of availing of LTC/on SODQQHG RIĂ&#x20AC;FLDO GXW\ %UDQFK 0DQDJHU VKRXOG SHULRGLFDOO\

Market with customers to use our internet services for remitting all type of TAXES, transfer of funds, applying for cheque book etc. It will not only help customer to save time but also help bank in earning commission on tax remittance.

VFUXWLQL]H 85, SUHIHUDEO\ RQ PRQWKO\ EDVLV DQG HQVXUH WKDW 85, LV UHYHUVHG XSRQ UHFRYHU\ 7DUJHW 13$ %RUURZHUV IRU DQ HDUO\ resolution /recovery in accounts having $VVHW &RGH XQGHU ZKHUH SURYLVLRQ KDYH EHHQ PDGH DQG 6RIW 13$ for early resolution (where the provision ZLOO EH UHOHDVHG XSRQ XSJUDGDWLRQ

6FDQ WKH &UHGLW SRUWIROLR DQG LGHQWLI\ the accounts which are repeatedly coming in SASCL for close monitoring DQG WDNLQJ DGHTXDWH VWHSV LQFOXGLQJ H[LW RSWLRQ LQ QRQ YLDEOH DFFRXQWV 2WKHU RSHUDWLRQDO JXLGHOLQHV DOUHDG\ FLUFXODWHG RQ &*706( (&*& HWF EH PHWLFXORXVO\ IROORZHG E\ WKH FRQFHUQHG RIĂ&#x20AC;FHUV DW WKH EUDQFK VR WKDW DQ\ QHHG for provision in those guaranteed DFFRXQWV DUH FRQVHUYHG DQG WKHUHE\ SURĂ&#x20AC;W LV PD[LPL]HG /HW XV QRW FRQVLGHU DQ\ RI WKH DERYH PHDVXUHV VPDOO WR HPXODWH DW WKH EUDQFK OHYHO Âś2IĂ&#x20AC;FH RU EUDQFK¡ LV RXU VHFRQG home where we spend a major portion RI RXU OLIH WLPH RXWVLGH RXU KRPH $ ÂśFRVW FRQVFLRXV DSSURDFK¡ DGRSWHG E\ RQH DQG DOO VSHDUKHDGHG E\ KHDG RI WKH XQLW ZLOO LQGHHG VDYH D ORW RI DYRLGDEOH H[SHQVHV ,W LV EH\RQG GRXEW WKDW RXU VPDOO FRQWULEXWLRQ E\ SUDFWLFLQJ VRPH RI WKH DERYH PHDVXUHV ZLOO KHOS WKH EDQN WR VDYH SUHFLRXV FDSLWDO DQG FRVW IRU VXUH

D Chandramouli '\ *HQHUDO 0DQDJHU 1%* 1 1HZ 'HOKL

Ajay Kumar Chief Manager 1%* 1 1HZ 'HOKL

Taarangan

June, 2017

43

SELF DEVELOPMENT

QUEST FOR BOOKS! dear friend Amar 0 ynostalgic mood the

was in a other day HYHQLQJ +H KDG MXVW UHWXUQHG IURP market after having purchased a full set RI WH[W ERRNV IRU KLV NLG VWXG\LQJ LQ PLGGOH VFKRRO ,W ZDV WKH PRQWK RI 'HFHPEHU DQG $PDU VDLG WKDW MXVW halfway through the academic session all ERRNV KDG IUD\HG DQG ZHUH LQ WDWWHUV KHQFH D QHZ VHW ZDV SXUFKDVHG +H IXUWKHU VDLG WKDW FRXSOH RI ERRNV KDG WR EH SXUFKDVHG WKULFH EHIRUH WKH VHVVLRQ HQGHG VXFK ZDV WKH GHWHULRUDWLRQ GXH WR ERWK PLVKDQGOLQJ DV ZHOO DV SRRU TXDOLW\ RI SULQWLQJ DQG ELQGLQJ Amar recollected that in his entire school life he had studied and passed E\ SXUFKDVLQJ QRW VHFRQG KDQG EXW YLUWXDOO\ WKLUG KDQG WH[W ERRNV 7KRXJK he is a very prosperous professional FRQVXOWDQW WRGD\ KH PDGH QR VHFUHW RI WKH IDFW KH RULJLQDOO\ EHORQJHG WR IDPLO\ RI YHU\ PRGHVW HFRQRPLF EDFNJURXQG WKXV FRXOG QRW DIIRUG EUDQG QHZ VHW RI WH[W ERRNV $QG $PDU ZDV SDVVLRQDWH DERXW UHDGLQJ ERRNV LQ KLV FXUULFXOXP DQG DOVR EH\RQG VLQFH IRU KLP ´D JRRG ERRN LV WKH EHVW RI IULHQGV WRGD\ DQG IRUHYHUµ 0DUWLQ 7XSSHU

$OVR KH EHOLHYHG LQ WKH TXRWH E\ : 6RPHUVHW 0DXJKDP WKDW ´7R DFTXLUH WKH KDELW RI UHDGLQJ LV WR construct for yourself a refuge IURP DOPRVW DOO WKH PLVHULHV RI OLIH µ But it was challenge for him to DFTXLUH DQG XVH ERRNV GXH WR KLV GHSULYHG SHFXQLDU\ FRQGLWLRQ While Amar used to avail IDFLOLWLHV RI SXEOLF OLEUDU\ DQG JHQHURXV IULHQGV WR ERUURZ DQG UHDG ERRNV RQ YDULHW\ RI VXEMHFWV LW ZDV QHFHVVDU\ for him to purchase school DQG FROOHJH WH[W ERRNV EXW JHWWLQJ D EUDQG QHZ VHW ZDV D SLSH GUHDP (YHQ RWKHUZLVH LQ

44

leejebieCe

petve, 2017

WKRVH WLPHV LW ZDV TXLWH FRPPRQ WR EX\ VFKRRO DQG FROOHJH WH[W ERRNV IURP ÁRXULVKLQJ VHFRQG KDQG PDUNHW ,Q IDFW $PDU PHQWLRQHG WKDW LQ WKH HQWLUH VFKRRO OLIH KH ZDV WKH WKLUG XVHU ZLWK two students of previous and preceding EDWFKHV KDYLQJ DOUHDG\ XVHG WKH ERRNV Interestingly his predecessors were $NEDU DQG $QWKRQ\ KLV VHQLRUV DW VFKRRO $QWKRQ\ ZDV WZR FODVVHV DKHDG ZKLOH $NEDU RQH FODVV DKHDG RI $PDU $QWKRQ\ ZDV UHDVRQDEO\ ZHOO SODFHG LQ ÀQDQFLDO WHUPV +H ZRXOG EX\ D QHZ VHW RI ERRNV DQG DIWHU SDVVLQJ H[DPV KDQG RYHU WKH ERRNV DW KDOI UDWH WR $NEDU ZKR FDPH IURP UHODWLYHO\ ORZ LQFRPH IDPLO\ $NEDU LQ WXUQ DIWHU FOHDULQJ WKH H[DPV and moving to next higher class gave ERRNV WR $PDU DW YHU\ FKHDS UDWH DOPRVW RQH IRXUWK RI WKH YDOXH ,W ZDV ZRQGHUIXO H[DPSOH RI QDWLRQDO LQWHJUDWLRQ $PDU XVHG WR SUD\ WKDW ERWK KLV VHQLRUV SDVV their respective exams so that he may get WKH ERRNV IRU KLV VHVVLRQ %RWK $QWKRQ\ DQG $NEDU PDLQWDLQHG ERRNV LQ WLG\ DQG

LPPDFXODWH PDQQHU VR $PDU JRW HYHQ WKH ROG ERRNV LQ QHDW FRQGLWLRQ $QG now the paradox of present times that ERRNV GR QRW ODVW HYHQ IRU RQH DFDGHPLF VHVVLRQ VR ODPHQWHG $PDU In the same nostalgic vein Amar UHFRXQWHG DQRWKHU LQFLGHQW 7KRVH GD\V ERRN RI :UHQ DQG 0DUWLQ ZDV YHU\ SRSXODU D YLUWXDO %LEOH IRU (QJOLVK ODQJXDJH *UDPPDU VWXGLHV ,W ZDV TXLWH DQ H[SHQVLYH KDUG ERXQG FRS\ $PDU·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ÀQG WKDW WKH ERRN ZDV KLV RZQ FRS\ ZKLFK KDG EHHQ VWROHQ DQG VKRZHG KLV QDPH RQ WKH ERRN WR WKH VKRS NHHSHU 7KH shop-owner sympathized with Amar DQG JDYH WKH ERRN WR KLP IUHH RI FRVW +H DOVR VDLG WKDW WKH VWXGHQW ZKR KDG GHOLYHUHG WKH ERRN WR KLP ZDV D UHJXODU VHOOHU RI ROG ERRNV DQG ZRXOG JHW FDXJKW ZKHQ KH FRPHV QH[W 7KUHH GD\V ODWHU the shop-keeper sent a message FDOOLQJ $PDU WR WKH VKRS $PDU IRXQG WKDW KLV FODVV PDWH ´;µ ZDV EHLQJ VFROGHG E\ WKH VKRS NHHSHU ´;µ ZDV WKH ERRN WKLHI DQG ZHSW EHJJLQJ IRU IRUJLYHQHVV ,W WXUQHG RXW ODWHU WKDW ´;µ ZDV D kleptomaniac (person having a UHFXUUHQW XUJH WR VWHDO W\SLFDOO\ ZLWKRXW UHJDUG IRU QHHG RU SURÀW

DQG REVHVVHG ZLWK VWHDOLQJ ERRNV RI KLV VFKRRO PDWHV 7KH PDWWHU ZDV UHSRUWHG

WELFARE ACTIVITIES WR VFKRRO DXWKRULWLHV IRU IXUWKHU DFWLRQ %XW $PDU·V GHOLJKW ZDV LQ JHWWLQJ EDFN KLV SUHFLRXV ERRN :KDW DQ DGYHQWXUH LW SURYHG WR EH $PDU QDUUDWHG DQRWKHU WDOH RI KLV TXHVW IRU ERRNV +H EDGO\ QHHGHG RQH ERRN for college studies which cost ` 50/- a ELJ DPRXQW LQ WKRVH GD\V 7KH ERRN ZDV D ODWHVW SXEOLFDWLRQ DQG QR VHFRQG KDG FRS\ ZDV DYDLODEOH LW KDG WR EH SXUFKDVHG IURP WKH QHZ ERRNV VHOOHU $PDU XVHG WR GR SDUW WLPH MRE WR ÀQDQFH KLV VWXGLHV EXW VWLOO FRXOG QRW VDYH VXIÀFLHQW DPRXQW IRU WKH ERRN 2QH GD\ RQ D FROG ZLQWHU PRUQLQJ DW DURXQG $0 ZKLOH KH ZDV JRLQJ E\ ELF\FOH WR FROOHJH IRU WKH ÀUVW VKLIW FODVVHV KH QRWLFHG VRPHWKLQJ ÁXWWHULQJ RQ WKH URDG VLGH 0LUDFOH ,W ZDV D EUDQG QHZ ` 50/- note lying on the pavement of road which was totally GHVHUWHG $PDU ORRNHG DURXQG IRU SRVVLEOH FODLPDQW IRU WKH QRWH EXW QRW D VRXO ZDV LQ VLJKW RQ WKH HPSW\ URDG +H ZDLWHG IRU D ZKLOH REVHUYLQJ WKH QRWH ÁDSSLQJ PHUULO\ LQ WKH FRRO PRUQLQJ EUHH]H $PDU WKDQNHG SURYLGHQFH IRU WKLV ERXQW\ SLFNHG XS WKH QRWH DQG ODWHU ZHQW WR ERRN VKRS WR EX\ WKH ERRN Needless to say he scored excellent PDUNV LQ H[DP DQG ZDV FROOHJH WRSSHU Amar is still a very voracious reader and DQ DYLG EX\HU RI ERRNV KDV D KXJH OLEUDU\ consisting of a vast and varied collection RI WLWOHV RQ PDQ\ VXEMHFWV +H LV DW VXPPLW RI KLV SURIHVVLRQ DQG DWWULEXWHV his success to wisdom gathered through ERRNV $PDU OLNHV WR XVH IROORZLQJ TXRWH of Harold Kushner to emphasize the LPSRUWDQFH RI ERRNV LQ KLV OLIH ´, WKLQN RI OLIH DV D JRRG ERRN 7KH IXUWKHU \RX JHW LQWR LW WKH PRUH LW EHJLQV WR PDNH VHQVH µ $QG KH KDV QHYHU IRUJRWWHQ KLV KXPEOH RULJLQV DQG WKH GHVSHUDWH TXHVW IRU ERRNV GXH WR HFRQRPLF KDUGVKLS LQ KLV HDUO\ \HDUV ZKLFK ODLG WKH IRXQGDWLRQ IRU KLV SURJUHVV DQG SURVSHULW\

STAR SAKHI CLUB, MUMBAI 6WDU 6DNKL &OXE RI %2, KDV D SURXG KLVWRU\ RI FRPPXQLW\ DQG FKDULW\ LQYROYHPHQW DQG WKLV FKDULW\ ZRUN IRU QREOH FDXVH FRQWLQXHV WRGD\ ,Q FRQWLQXDWLRQ WR LWV ZHOIDUH DFWLYLW\ 6WDU 6DNKL &OXE GRQDWHG D :KHHOFKDLU WR 0DVWHU $NVKD\ 6DGDQDQG 3DWLO SK\VLFDOO\ GLVDEOHG ER\

FELICITATION OF STAR SAKHI CLUB MEMBER SMT. NIRMALA REGO

/ WR 5 6PW 5HQX *XSWD 6PW 1LUPDOD 5HJR DQG 6PW 5DMVKUL 0RKDSDWUD

MEMBERS OF STAR SAKHI CLUB, MUMBAI

Dr Rajesh Iyer ([ 6WDII 1DJSXU

Taarangan

June, 2017

45

| | | à j ¦j l Î } Å 2) / NATIONAL BANKING GROUP (WEST-2) | à ¦l Î } o

/ NATIONAL BANKING GROUP (WEST-2)

i i Û Û | l } « d q Ø uj¦ « i vÛi Û d k | j¦ Ï Û ¥ ܦ h Ø Î Ø f} { }° }Ø j¦ | } } j ¦Ø j¦ Ø Î i | | Û k Û Î tÐ Û z |® ܦv| Û x

} d o « d q Ø j¦ Û uj¦ « j¦ | Û z z | i| Ø Øj¦ Û| }° Û { j¦ j ¦ f} d }° Û j ¦ i i Û i t ܦ z x

¥ « Î tÐ q l° Û q Û | || Ø d ã | j ¦ Ø ÎØ Î o Ø l t « j¦ h Ø j¦ | « fØj ¦ t j¦ ¥ j¦ | } q d}° Û Û j¦ }° } }°z | j¦ Ø Î i | | Û k Û Î tÐ Û z |® ܦv| Û x

q ¥ àj¦ d ¢Ü¦ e v } q Û ¸ àj¦ ¥ f´ « fµ l « i m j ¦ d { j¦ « Î Ø d q Ø t f| Î ¢ uj¦ « d }° l d o Û }° Ø q Ø | e¥j¦ j¦ l Ø j¦ Ø Û Î e ¥ f} Î }° { j¦ q ¥ àj¦ d ¢Ü¦ e v Û Ø Û Û| Û l vx

} d o « }° } | Û | zj ¦ | j¦ d o « } | « ¥ u j¦ ¥| | j ¦ i }°{ | j¦ ¥ ¸ }°zÏ v Î Ø | Ø j¦ Ø Î i f} d }° Û q Ø x

| l } d o « d q Ø k }° { j¦ « j¦Û uj¦ « fØj ¦ t j¦ ¥ | } z| j ¦ i }° j¦ | Ø j¦ Ø Î i d }° Û q Û q x y « f} d }° Û d | j ¦ q d i }° Û d j ¦ l l ¥x

zã ¥ d o « Î tÐ j¦ ¸ }° q Ø } j¦ ¥¨¦ j ¦ d Ø l ¥Ø } j¦ Ø Î i d }° Û i Ûj ¦ q f} d }° Û } Û j ¦ l }Ø i d| d { j¦ Ûl x

zã ¥ d o ¸ Î l Û Ø zÏ } j ¦ d{ Û j¦ v ¢ j¦ ¦ j¦ j¦ t ÎÛt }°z | j¦ Ø Î i d }° Û i Ûj ¦ q x y « f} d }° Û } Û j ¦ l }Ø i d { j¦ Û Û ã Î | x

46

leejebieCe

petve, 2017

| àÎ } o

j ¦l Î } Å 2) / NATIONAL BANKING GROUP(WEST-1) (WEST-2) | | à j | ¦l / NATIONAL BANKING GROUP

l d o j ¦ | | Û k Û Û | Î } ¥j¦ ã t j ¦ z | f| j¦ | j¦ Ø Î i d }° Û }° Ø q Ø | e¥j¦x

e¥ fÏ d o j ¦ d Ø l ¥Ø i vÛi j¦ ¥ ¸ j¦ } t q j¦ fÏ z Ø j ¦ d Ø l ¥Ø Ø z | tÐ t j¦ }°zÏ Î Ø l°Û j ¦ y Ø Øj¦ Û| d }° Û Ø ã t¤t i }° Û l z { tt¤ Ûx

d e¥tÛtÛ Û } « | y } Ø j¦ fz¤m t| j¦ Ø Î i }° Û Ø q j ¦ l }Ø x z i i d e¥tÛtÛ Û } j ¦ f} }° o ¥ Û i| Û l Î Ø Øj¦ Û| f} }° o ¥ Û vÛ i } d }° Û j ¦ i i Û }° Û Ø q j ¦ l }Ø }° i| Ûq Û } Û dq j ¦ Î }° o ¥ Û ã j ¦ j¦ d{ | d { j¦ Û Û i i l v x

} d o j¦Û fzl Û k ¸ tЧ t h j ¦ d Ø l ¥Ø l° Îj¦ Û t¤u o j¦ o Û à} Ø Î i }° Û o | } i }° Û q ÛØ j ¦ l }Ø x

} d o j¦Û j¦ l k « l° Îj¦ j¦ i d tÛd j ¦ Ø ÎØ Ï } Ø C | Û tÐj¦ j¦Û o Û à} Ø Î i d }° Û j¦ Ø ã x

FIRE MOCK DRILL conducted at Chennai Zone

&KHQQDL =0 6KUL % & &KHWWH\ '=0 6KUL ' 0 /HOH 60 'U 9 &KLGDPEDUD .XPDU &0 1%* 6 6KUL 0 7DXJRQJ 6HFXULW\ 2IÀFHU 0DMRU 9LMD\OD[PL GXULQJ ÀUH PRFN GULOO FRQGXFWHG DW &KHQQDL =RQH

Taarangan

June, 2017

47

VIEW POINT

TOXIC LEADERSHIP +LWOHU ZDV D OHDGHU WRR +H OHG $ GROI the Nazi Party and adopted a one

SDUW\ GLFWDWRUVKLS EDVHG RQ WRWDOLWDULDQ and autocratic ideology of national VRFLDOLVP +H DOVR VRXJKW ´/HEHQVUXPµ OLYLQJ VSDFH IRU WKH *HUPDQ SHRSOH EXW KLV DJJUHVVLYH IRUHLJQ SROLF\ DQG WKH PHWKRGRORJ\ DGRSWHG E\ KLP OHG WR WKH RXWEUHDN RI :RUOG :DU ,, DQG WKXV D ODUJH VFDOH GHVWUXFWLRQ RI PDQNLQG 7KURXJK KLV UDFLDOO\ PRWLYDWHG LGHRORJ\ KH ZDV UHVSRQVLEOH IRU WKH JHQRFLGH RI DWOHDVW PLOOLRQ -HZV +H ZDV UHPHPEHUHG DV 7R[LF /HDGHU What is Toxic Leadership?

7KH ZRUG 7R[LF /HDGHUVKLS ZDV Ã&#x20AC;UVW SKUDVHG E\ :KLFNHU LQ +H GHÃ&#x20AC;QHG WKLV OHDGHUVKLS VW\OH DV VHOI GHVWUXFWLYH venomous and ultimately harmful to the RUJDQL]DWLRQ DQG ZLOO EH WKH PDLQ UHDVRQ IRU GRZQIDOO RI WKH EDVH 7KLV FDQ DOVR EH WHUPHG DV GDUN VLGH RI OHDGHUVKLS :DOWRQ GHÃ&#x20AC;QHV WR[LF OHDGHUVKLS DV EHKDYLRXU ZKLFK LV H[SORLWLYH DEXVLYH GHVWUXFWLYH SV\FKRORJLFDO DQG SHUKDSV OHJDOLVWLFDOO\ FRUUXSW DQG SRLVRQRXV :LOVRQ 6WDUNV GHÃ&#x20AC;QHG WR[LF OHDGHUVKLS as an approach that harms people and eventually the company as well through WKH SRLVRQLQJ RI HQWKXVLDVP FUHDWLYLW\ DXWRQRP\ DQG LQQRYDWLYH H[SUHVVLRQ Toxic leaders disseminate their venom WKURXJK RYHU FRQWURO 7KLV EHKDYLRXU LV VRPHWLPHV EHFDXVH RI VHOI FHQWUHG DWWLWXGH IHDU RI ORVLQJ SRZHU RU H[WUHPH superiority complex and to hide their LQFDSDELOLW\ RI SHUIRUPDQFH %ODPH JDPH LV RQH RI WKHLU ZHDSRQV Behaviour pattern of Toxic Leaders 6HHJHU HW DO KDG LGHQWLÃ&#x20AC;HG WKH IROORZLQJ TXDOLWLHV RI D WR[LF OHDGHU Â&#x2021; 7KH\ WU\ WR FRQWURO WKHLU SHHUV DQG VXERUGLQDWHV Â&#x2021; 7KH\ DUH GRPLQDWLQJ LQ QDWXUH Â&#x2021; 7KH\ KDYH VKRUW WHUP JRDOV DQG DUH VHOI FHQWUHG

Â&#x2021; 7KH\ FOLPE WKH ODGGHU RI VXFFHVV WKURXJK OHJ SXOOLQJ Â&#x2021; 7KHLU GHFLVLRQV DUH RQH VLGHG ZKLFK are always to favour their cause LQVWHDG RI WKH EHWWHUPHQW RI WKH RUJDQLVDWLRQ $QRWKHU ZULWHU /XELW H[SODLQV WKDW WR[LF OHDGHUV DUH FRUUXSW GHVWUXFWLYH YHQRPRXV DQG GDPDJH WKH IRXQGDWLRQV RI JUHDW RUJDQL]DWLRQV 7KHLU SUHVHQFH LQ the company does more harm than any JRRG 7R[LF OHDGHUV DUH DJJUHVVLYH DEXVLYH DQG VFROG WKHLU VXERUGLQDWHV LQ IURQW RI RWKHUV LQ XQVSRNHQ ZRUGV KDYH JUHHG HJR VHOÃ&#x20AC;VKQHVV DQG ODFN RI LQWHJULW\ 7KHLU JHVWXUHV DUH LQKXPDQ and lack even a small containment of KDSSLQHVV RQ DFKLHYHPHQW 7KH\ QHYHU DSSUHFLDWH WKHLU VXERUGLQDWHV HYHQ IRU ODUJH TXDQWXP RI JRRG ZRUN GRQH E\ WKHP EXW ERDVW IRU WKHPVHOYHV HYHQ IRU VPDOO DFKLHYHPHQW RI WKHLUV 7KH\ DUH OLNH YHUPLOLRQ FKDQJLQJ FRORXUV WR VXLW WKHLU UHTXLUHPHQWV 7KH\ ODFN LQWHJULW\ SHUVRQLI\ UHFNOHVV DWWLWXGH DQG at the same time cowardice and always IHHO LQVHFXUH 7KH\ PDNH PROH RI D mountain of the smallest mistakes of WKH VXERUGLQDWHV Traits of toxic leadership They remain hidden in the organization like a venomous snake in the grass ZLWKRXW HYHU EHLQJ QRWLFHG EXW VSLOOLQJ YHQRP LQ WKH PLQGV RI WKH FR ZRUNHUV :KHQ RSSRUWXQLW\ DULVHV WKH\ ELWH WKH SHHU WR GHDWK PHDQLQJ KH KDV HLWKHU WR leave the organization or live in shame IRU QR IDXOW RI KLV 7KH\ DUH DOZD\V FORVH WR SRZHU WR JUDE WKH VDPH DW WKH HDUOLHVW DQG RQFH DWWDLQ WKH\ FUHDWH D QHJDWLYH HQYLURQPHQW DQG FUHDWH D FORXW ,I VXFK people are continued in the organization WKH GRRP·V GD\ LV YHU\ QHDUHU WR WKH FRPSDQ\

Impact on the colleagues 7KH\ TXLFNO\ FDSWXUH WKH ZHDN PLQGV and people who sit like a cat on the ZDOO 7KH\ FUHDWH IHDU DPRQJVW SHRSOH RSSRVH HYHU\ PRYH RI WKH RUJDQL]DWLRQ FUHDWH ODFNOXVWUH ZRUN HQYLURQPHQW SRRU PRUDOH DPRQJVW WKH SHHUV 7KH\ demotivate the workforce and set up an DUP\ RI QHJDWLYH PLQGHG YXOWXUHV LQ WKH FRPSDQ\ 7KH\ WU\ WR JUDE HYHQ D VPDOO opportunity to downsize their colleagues and always speak against the trusted SHRSOH Role of organizations The management of a company has WR TXLFNO\ LGHQWLI\ VXFK WR[LF SHRSOH LQ WKH RUJDQL]DWLRQ ,W LV HDUOLHU WKH EHWWHU 7KH EHVW WRROV DUH ZKLVWOH EORZLQJ E\ WKH HPSOR\HHV WR EH WDNHQ XS VHULRXVO\ 7KH\ QHHG WR EH SHULRGLFDOO\ HYDOXDWHG DQG JUDSHYLQH VRPHWLPHV JLYHV D FOXH 7KH LGHQWLÃ&#x20AC;HG VKRXOG EH VKRZQ WKHLU way out of the organization or should EH PHQG WKURXJK SRVLWLYH WUDLQLQJ DQG FRXQVHOOLQJ 0DQDJHPHQW QHHG WR EH LPSDUWLDO DQG VKDOO QRW EH FDUULHG DZD\ E\ SUHVVXUHV LQ HOLPLQDWLQJ WR[LQV IURP WKH RUJDQLVDWLRQ (YHU\ RQH LQ WKH RUJDQL]DWLRQ KDV D UHVSRQVLELOLW\ QRW WR EH D WR[LF OHDGHU RU KLV IROORZHU +LVWRU\ KDV SOHQW\ RI WR[LFV 7KH\ EURXJKW GRZQ NLQJGRPV LQ HYHU\ FHQWXU\ :H OLYH VKRUW EXW WKH RUJDQL]DWLRQ KDV D ORQJ URDG DKHDG 1HYHU EH D WR[LF OHDGHU RU KLV IROORZHU

Dr. P T S Murthy $*0 5WG +\GHUDEDG

48

leejebieCe

petve, 2017

à j ¦l }

i| } Ûi ij¦ o | Ø Û Ø Õ z j¦Û dy ¥ y j ¦ k Ø q | j¦Û Ø Ûk j¦ | t j¦ q | o Îix vÛd tÛ « k d { j¦ j¦ i| } Ûi « Î Î eq ܦ x j¦ Û àj¦ j ¦ Ü ¦ k Ø « j ¦ zq ¥ j¦ Û j¦Û q j¦Ø Û Î i j¦q ¥ } d { j¦ { | z q Î Î q j ¦l Î x e j ¦ i e| Ø « j¦ { | « k | o Îix j ¦ i| } Ûi j ¦ Ü¦Û zÛ j ¦ i q z d z| l° Îj¦ i l Î j¦ ã q l | t Î x Î q | Ø Îà j¦ Î Î h i| } Ûi Î q } | t j¦ } j ¦ | Î | q e¥|v Ø Û| ÎÛ| o j¦ | ÎÛ q Î Î x d q Î d z Û }° } | l ¥Ø Î | j¦Û j ¦l « i| } Û i j¦ j¦ | ij¦ o | Ø Û Ø Ûk x e j ¦ y ÎÛ Î ã Û q Û Î j¦ } Ï Î x dØ h z | } ¥ l° Îj¦ « j¦Û doâÛ Ø Î j¦Û ÎÛ j¦Û Ø j¦ ¸ | Ø }° }Ø i q | Û q o } vÖØ j¦Û q | Û q ¦ Û Î x h z | j¦ e¥ q ix | Û Û j¦Û Ø Ûk } Î }° } ¥ l° Îj¦ j¦Û d j ¦ Ø « j¦ } Ø l | Î | o Îi j¦ d { j¦ d { j¦ j¦ j¦Û Û o Îi Ø j¦ ã « Î l h j¦Û Î j ¦x ã } e¥ } j¦ j ¦x i| } Ûi j¦ j¦ | j ¦ } l Û j ¦ } « j¦ d q | i ¨ ¦ vt | Ût l j¦ cÖ q | o Îi j¦ d tÛi j ¦ q j¦ | } t | q d Ø j¦ q Îà ÎØ d j¦ o Îix l° Îj¦ « j ¦ g} ij¦ Ø r Ø j¦ | j¦z fu j¦ f|Ϋ uÛj¦ j¦ q | o Îix Î Ø | Ø z | k | o Îix Ü ¦ Û q k× j¦Û } Û j¦ Ø Î i | t q Û j¦ q | o Îix l° Îj¦ j¦Û } Û f o Ø | Û Ø | Û q | Û o Îix }° ܦ e j¦ } Ø l | o Îi q d { j¦Ø q h i| } Ûi Î Ø Î Ø f t vv¥ j¦ j¦Û Û j¦Û q j ¦x q } Ï l Û Î v ftÜ ¦ v ftÜ ¦ v ftÜ ¦ i f j¦ | Ø ¦} | Û Î | o Îix ¢ i t Û « ¢ t q Ø Î x l° Îj¦ q r Ø j ¦ i d Ø Î Ø e| Ø « i| } Ûi k Ø « j¦Û Û j¦Û q | Û o Îix f j ¦ j¦ { | « k Ø Î i d l j¦Û j¦ ¥ e¥ j¦ | Û z k Ø « j¦ d} l° v | Ü ¦ Û | t o Îi q l° Îj¦ j¦ d ¢Ü¦ q Û Ø Ø ã l Ø | vÛ d tÛ j ¦ zq ¥ j¦ | d tÛ i j¦ dl Û j¦ Ø j ¦ ã l Ø | j¦Û Ø Ûk d l Ø dz Ø j¦ Û iq «t e| ܦ ¥ «t iq «t j¦ j¦ q | o Îix Û j ¦ i j¦ Û i z | i Û Î Ø f o Ø j¦z fu q | e| ܦ ¥ àt iq |t j¦ e Ø j¦ | l Û k Û o Îix q k Ø Î ÎÛ « i| } Ûi Î i Î f « l Û i d Û } ¢ }° } e¥ Ûq Û Û l° Îj¦ « | Ø } j¥¦ j¦ Ø Î i f|Ϋ tàvv¥ j ¦ Ø ÎØ Û §Ø k Ø eØ z j¦ i| } Ûi Î | i t t«vv¥ i t « z q j¦Ø Î j¦Û y Ø « } } § Ø } q Ø j¦ | Ø j¦ f| k Ø j¦ i| } Ûi Î | o q o Îix i| } Ûi k Ø « « j¦ Û Î Ø }° { | j ¦x l° Îj¦ « j¦ h q j¦ Ø } ¥}Ø q | j¦ l z{ Î j¦Ø Û Î x « § tÛ ã Û Û q | Û o Îix k Ø } i| } Ûi j ¦ j¦ Û j ¦ i j¦ Û Ü ¦ Û d { | j ¦ d Ø l ¥Ø l° Îj¦ « j¦ | t tÛ | Û q | Û o Îix k « q vÖ k Ø q Û j¦ | | z « j¦ | t j¦ q | o Îix Î f j¦Û q | j¦ Û ã Û t ܦ z j¦ zÛ | t } q | | t d ¢§ | Û q | Û o Îi d t ܦ z ¸

Û vÖÛ o Ø ÎÛ Î àj¦ j ¦ Ü ¦ Î i j¦q ¥

i| } Ûi l° Îj¦ t Ûܦ | } Ø ¥ j¦ Ø j¦Û q | Û o Îix f|Ϋ k « q | o Îix z l° Îj¦ k « | ÎÛ d Ø Î Ø f j ¦ m } q j¦ j¦ Û j ¦ i f j ¦ f} z | | o Îix Î ã Û { | k j¦ i| } Ûi l° Îj¦ Ø j¦ Ø | °Ø t o j¦ } { | k q | o Îix l° Îj¦ j ¦ y q ã Û uj¦ j¦Û q i Ø f j ¦ l t j¦ ã Û Ø ¥ « j¦ q | o Îix z Î f o Ø j¦ ¥ q | j ¦ y i| } Ûi k Ø « Û j¦ }° j¦ « i f o Ø | Û Ø | i Ø Î « Û d j¦Ø Û Î x e k j¦Û ã }°zØ cÖl Û d l° Îj¦ « j ¦ Ûo Î z q il j¦ àj¦ l h t q | q ¦ Û Î x j ¦â k Ø « q « j¦ Û ã Û }°j¦ j¦Û Û | ÎÛ Î j¦Ø Û f| j¦ et d ¢Ü¦ k Ø « k | Ø y } | ¡ } | et d ¢Ü¦ k Ø « « Û z | « j¦ ¥ ij¦ y j¦ | ã Û k j¦Û ã }°zØ } j¦ Ø j¦ d } vØ Î x j ¦â vÖ i Ø j¦| Ûj¦Û ¦} k Ø « j¦ id Û j¦ o j¦ ã Û i| } Ûi j¦ j¦ q j¦Ø Î x j ¦Ø }¥ Î j¦ h k Ø « j¦ | j¦ q i Ø j¦ ã | i| } Ûi k Ø j¦ j¦ Î j«¦x dØ ¡ i| } Ûi j¦ Û j ¦ i } Û k ij¦ tÛ j ¦ ¦} « j¦ ¥ j¦ « Ø ã Û Î i| } Ûi j¦ Û j ¦ j¦ } j¦ j¦Ø Î d k j¦ i| } Ûi §Ø j¦ j¦Ø Î x

j§ ÏÜ d o j¦ }° { j¦ e¥ z d o

Taarangan

June, 2017

| | à j ¦l Î r i â / NATIONAL BANKING GROUP (J&C)

j¦ d o y Ø £l vÛÎ l £ « j ¦ j ¦ }° j ¦ z | l° Îj¦ « j¦ { Ø j¦ Ø d }° Û z Û x

j¦ d o « Ï Û Ø d ã | j ¦ Ø ÎØ l° Û « j¦ àj¦ fØ} z « j¦Û q | j¦ Û z Ø Î i } | d { j¦ Ûl x

{ | z d o « ¨ ¦ vt d { j¦ « Î Ø j¦ Û i d tÛi } d q Ø ij¦ z Û j¦ ¥ « f} y Ø d }° Û q j ¦ f} d }° Û q Ø «® j ¦ } uj¦ i }° i| Ûq Û r â Û i i| } l° ÎÛ Ø y }° Ø ã l Ûl x

{ | z d o y Ø y } l | « d q Ø Û Û uj¦ j¦ { Ø j¦ Ø d }° Û q j ¦ x y i vÛi Û { j ¦ i f} y Ø j¦ x

q z} d o ¸ d q Ø CC tÐÛ j¦ dz Ø

j ¦ d } f} y Ø q z} d o j ¦ ã || k d « j ¦ àj¦ d { j¦ Ûl x

q z} d o j¦Û ^ | l k ¸ l° Û « j ¦ i d q Ø Ï Û | j¦ ¥¨¦ « }° z Ø Î i k }° { j¦ Û d Ø q | i f} y Ø d| à j ¦l t ܦx

| | à j ¦l Î fÏ / NATIONAL BANKING GROUP (NORTH-2)

} t| d o j¦Û l° Û k ã l | } ¸ CCq Û j¦

j ¦ Ø Ø { | « j ¦ Ût vÖ Û « d q Ø CC| Û

} } z y ¥ j ¦ d ft t j¦ ã ã j¦ Ø Î i }° Û z °Ø ¥x

50

leejebieCe

petve, 2017

Û d o ¸ Î z Ø | l° } iq j¦ | i§ } « y } Ø àj¦ j ¦ t ¢ « t ܦ z l x t h j¦Û }° ¨¦ j ¦ « â â d « j¦ q | j¦ Û zÛ l e¥x

| | à j ¦l Î } ¥ / NATIONAL BANKING GROUP (EAST)

Î vÖ d o ¸ Î l Û q j ¦ Ø } l £ j¦ v q t l° m Ø j¦i q | j ¦ d } }° i| Ûq Û } ¥ Û i j ¦ dl° j¦Û f} y Ø { Ø j¦ Ø Î i d }° Û i i z x

{ ¥ | d o j¦Û o } vÖ k j¦ fz¤m t| j¦ Ø Î i }° i| Ûq Û } ¥

Û i j ¦ dl° i d }° Û j ¦ | q Û¥x

l Î tÛ d o j¦Û l k ¸ }°{ | Û oâ ã Ø d ã | j ¦ d Ø l ¥Ø l | l } j¦ j¦ j¦o l°Î Î Ø Ø } Î § }°z | j¦ | j ¦ d } f} §Ø Û Î | z i d }° Û d Ø ã | q Û¥x

j¦ j¦ Ø d o « } « | }° j¦ ¥¨¦ j¦ fz¤m t| j¦ Ø Î i d }° Û z j ¦ x

i tÛ Û j¦ j¦ Ø « d Ø tÐÛ l z } d q Ø l j¦ ¥¨¦ « }° i| Ûq Û } ¥ Û i j ¦ dl° d }° Û z j ¦ i d| t ܦ z x

Î vÖ d o j¦Û ¦} l Û k « d q Ø j ¦ Û Û h Ø jà¦} « { Ø j¦ Ø Î i d }° Û i i z x

{ ¥ | d o } { | } q j¦ fÏ z Ø l Ø { j ¦ d Ø l ¥Ø q Ø z oo « j¦ j¦Ø « eØ z j¦ Ø j¦ | j ¦ d } Î i }° i| Ûq Û } ¥ Û i j ¦ dl° d }° Û j ¦ | q Û¥ i µ y Û¥l x

{ ¥ | d o « o | Ø k }° { j¦ « j¦Û uj¦ « }° i| Ûq Û } ¥ Û i j ¦ dl° d }° Û j ¦ | q Û¥ f} d }° Û Ø Û j ¦ ¥ i f} y Ø }° x

Taarangan

June, 2017

51

| | à j ¦l Î { / NATIONAL BANKING GROUP (CENTRAL)

t q | «t dÎ z z ¸ d q Ø C v ¥ uj¦ j¦ { Ø j¦ Ø }° i| Ûq Û { Û z |® } ¥x y « Ø Øj¦ Û| dÎ z z d }° Û } ¥ } v d Û Û }° k Û } z j¦ d i| Ûq Û f} Î }° { j¦l x

l { Û| l d o ¸ àj¦ j ¦ q j¦ fÏ z Ø j ¦ Ø ÎØ Î Ø | l k Û Î ã e¥ j ¦ ã e¥ } t ¥q | j¦ Î ¢ } t q z j¦ i | Î| }°z | j¦ | j ¦ d } | j¦Û o Û d } Ø j ¦ }° k Û { ã e¥ } t j¦ }°z | j¦ Ø Î i d }° Û d k q t x

i tÛ Û ã } « k }° { j¦ « j¦Û Û uj¦ j ¦ d } f} y Ø k }° { j¦ « j¦ { Ø j¦ Ø Î i }° i| Ûq Û { dÎ z z Û vÛ } Û ¥ i d }° Û Î l x ã } d o àj¦ d ¢Ü¦ e v d ¢ vt j¦ tÛ d ¢| v ¥ j¦Û o } ¥| àj¦ d ¢Ü¦ e v | z j¦ v j¦Û z Û Ø Û | Û y } | àj¦ d ¢Ü¦ e v d ¢ vt j¦ tÛ d ¢| v¥ j¦Û uj¦ « ã l x e d } f|Î | d o j¦ j¦ ¥ } « } { } j¦ x f§Ø d } i| Ûq Û { j ¦ }° Û vÛ } Û ¥ ã } d o j ¦ d }° Û Î l f} y Ø y x

ã } d o « d q Ø q Ø Û | j¦ Ø j¦Û uj¦ « d }° Û Î l ã } q j ¦ j¦ §t v ¢ z } Û k vÖ d e¥ii i k j¦ ¥} j¦ d { j¦ Û Û Î q z Î d e¥ii i dl° Û q }° { j¦ Û |® Û Ø x

ã } d o « d q Ø v ¥ uj¦ j¦ { Ø j¦ Ø Î i d }° Û Î Î l x y f} d }° Û z u j¦ x

ã } d o « t Î y e| « j ¦} j ¦ « y } | z } j ¦j¦ j¦ tØ Î i d }° Û Î l t Î y e| « Û j¦ ã v Û d o j¦ j¦ ¥ j ¦ d { j¦ Ûl i j¦ ¥o Ûl x

ã } d o « k Cd i i } | d { j¦ « j¦Û uj¦ j¦ { Ø j¦ Ø Î i d }° Û Î l x

52

leejebieCe

petve, 2017

j¦ q

My Philosopher Friend & ULPVRQ ZDV WKH VXQ VHW WKDW GD\ :KHQ , ZDV ZDONLQJ E\ WKH ED\ 6LFN RI WKH ORQHOLQHVV 6DGGHQHG E\ WKH SKLOLVWLQHV 7KH\ GRQ·W XQGHUVWDQG P\ WKLQNLQJ P\ IHHOLQJ P\ SKLORVRSK\ :KHQ , VHH VRPHWKLQJ DQG SODFH P\ YLHZV WKH\ VD\ ,·P SHWWLIRJJLQJ , NQRZ WKDW LV ODPEDVWLQJ %XW , GRQ·W EODPH WKHP IRU WKH\ GRQ·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e used to get pettish when I could not understand his IDVKLRQ RI WKLQNLQJ But I liked to decipher the farrago to VRPHWKLQJ ZLWK PHDQLQJ :RUGV DUH YHU\ ÀFNOH WKH\ VOLS WKH\ ÁLS DQG WULFNOH ,I VRPHWKLQJ PHDQW ¶VX· IRU PH IRU KLP LW PHDQW ¶VDP· 6WLOO , ORYHG WR FUDFN WKH FRGHV DQG XQGHUVWDQG ZKDW KH VDLG +LV ZD\ RI WKLQNLQJ ZDV VRPHWKLQJ IDU DZD\ +DUG WR UHDFK 'LIÀFXOW WR WHDFK $QG LPSRVVLEOH WR EUHDFK 1RZ VSHDNLQJ ZLWK KLP ZDV LQ KDELW 2XU IULHQGVKLS LV OLNH D SKRHQL[ +H VDLG WKLV , GLG QRW XQGHUVWDQG ZK\ KH VDLG VR +H VDLG JURZ XS DQG X ZLOO NQRZ 'LG QRW OLNH KLV FRPPHQW EXW , GLGQ W VD\ D WKLQJ 7KHUH ZDV VRPHWKLQJ LQ RXU IULHQGVKLS , FDQ·W H[SUHVV $V LI ZH PHW MXVW WR VKDUH RXU ZRUGV DQG QRWKLQJ HOVH %RWK RI RXU GHVLUH WR NQRZ ZDV XQTXHQFKDEOH $QG KH VDLG LW VKRXOG EH OLNH WKDW IRU WKH GD\ WKH WKLUVW LV TXHQFKHG ZRXOG EH WKH KDSSLHVW GD\ RI OLIH DV ZH DUH VDWLVÀHG

What is the use of such satisfaction which leaves us searching nothing? , FDQ·W OLYH D OLIH GRLQJ QRWKLQJ DW DOO 7KDW ZKROH HSLVRGH ZDV XQQDPHG XQFDOOHG IRU $QG IUDQNO\ VSHDNLQJ , GLGQ·W XQGHUVWDQG D ZRUG RI LW I kept it in my mind to decipher this code when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

Anamika Chakraborty Agra Zone

Taarangan

June, 2017

53

j¦ q

j¦ Ø Î i z « ‚ uk r ã d} | d l « à Ø Î Û Ø Î ÎÛ r | o ÎØ Û Î £ x

| z | j ¦ Ø Î Î Ø j¦ u| } à Ø Î Û Ø Î ÎÛ m | o ÎØ Û Î £ xx duk j¦ Ø Î i z « à Ø Î Û Ø Î ÎÛ r | o ÎØ Û Î x x

Û o Î

| z r d} | Û Ø Î ÎÛ } l ܦ j¦ j¦Û g o e à o | o ÎØ Û Î x£ Î Ø « j ¦ z à | ÎÛ r Ø Û à Ø d} | Û q c c |Ö o ÎØ Û Î x£ x duk j¦ Ø Î i z « à Ø Î Û Ø Î ÎÛ r | o ÎØ Û Î x x à fvÖ| o ÎØ Û Î f } z j¦Û Ø Î q j ¦ } d £ j¦ m Ø Îàx l Ûo « « Îj¦ Ü ¦ « j¦Û k j¦ dÎ o ÎØ Û Î x£ q Û | o ÎØ Û Î £ à ^ zl Û j ¦ Î ij¦ } j¦ z j¦ j ¦ uu¤ Û « fz « j¦ Ü ¦£ j¦| o ÎØ Û Î x£ x duk j¦ Ø Î i z « à Ø Î Û Ø Î ÎÛ r | o ÎØ Û Î x x

| ÎÛ | Ø Û e| r u { | « j¦ à y «} l i | « q r | o ÎØ Û Î x£ e k l « l Îà Ø | } | d ¢k « « j¦Î Û Î j¦ Ø Û Î e ¥ Ø " l « à } â| o ÎØ Û Î x£ duk j¦ Ø Î i z « à Ø Î Û Ø Î ÎÛ r | o ÎØ Û Î x x

j§Ü Ù ¦ ~± {

Ø i t t k d l d o

Û q |zl Û « k d e¥ Îà Æ¡¸¸ k m } Û | |ÎÛ } Û d e¥ Î x ¦z| f j ¦ j¦ | â e¥ Î j¦Û d £k « « q l l Ît d e¥ Î x m } Û | |ÎÛ } Û d e¥ Î x j ¦ Î u « } j¦ | e¥ Î xx

m } Û | |ÎÛ } Û d e¥ Î

j¦ Î y | Î r Âz l ¥ Î Ü ¦ x o } | j¦ ܦ e¥ k « j¦ z q Î k x m } Û | |ÎÛ } Û d e¥ Î j¦Û q |zl Û « | e¥ k d e¥ Îàxx j¦ e ¥ | m v Ö Ø j¦ e ¥ | Î Î y Û | uÛ Î j¦Û y Û Î | |ÎÛ } Ûx j¦ã Û z z z zÛ Ø j¦ã Û j¦ j¦ j¦ j¦Û j¦ k vÖ Î } Ø Ûx m } Û | |ÎÛ } Û d e¥ Î Ø « « ij¦ | dÎ e¥ Î xx

54

leejebieCe

petve, 2017

} } } j¦ l ÛØ q | Ø Û Î d q | j¦ § k q Ø Û Î x ¢ ¢ q Ø Û Î Û l j¦ Ü ¦ « Îj¦ Ø Û Î x m } Û | |ÎÛ } Û d e¥ Î Î | } j¦Û | e¥ l q e¥ Î xx } Ü j § Ü

j¦ | l k d l d o

Believe..

GRQ·W NQRZ ZKDW WR VD\ 5HPHPEHU KRZ LW EHJXQ My instincts took us there %XW LI , NQHZ ZH·G UXQ

,

, KDG WR EHWUD\ \RX :DVQ·W PH LW ZDV VDIHW\ 'R QRW PLVLQWHUSUHW $V DOO , WKRXJKW ZDV PH

,I , EHOLHYHG :KHQ \RX VDLG , FDQ·W GR $OO DORQH EXW \RX ZHUH ULJKW , FRXOG·YH UHDFKHG KHLJKWV :H FRXOG·YH UHDFKHG KHLJKWV 6R LV LW <28 RU 0( ,·P EOLQG WR VHH ZKHUH WR DJUHH $IWHU DOO WKLV LV GRQH &DQ ZH UHWXUQ WR VTXDUH RQH"

,I , EHOLHYHG \RX :KHQ , VDLG ,·G EH EHWWHU RII DOO DORQH EXW , ZDV ZURQJ <RX KDG PDGH PH VWURQJ

Harsh S/o Shri R S Chouhan General Manager +HDG 2IÀFH

q ¡{l Ü j§Ü q µ q Ï{

Master Harsh has recently got judges choice award for poetry event at 6LQJDSRUH ,QWHUQDWLRQDO 6FKRRO .8'26 )520 %2, 3$5,9$5

zl Û j¦Û q ´ q Îz y j¦ l Î

q e ã l z vÖ « q vÖ Î l Î x

cÖ| o ÎØ Î j ¦ | o ÎØ Î uÎ j¦ | o ÎØ Î x q | Ø Î j¦ d j¦ l q j¦Û | Î | } g l ܦ ã Û l j ¦ | « u ij¦ ܦ l | l | | o ÎØ Î x } ã Û d | ÎÛ Î â j ¦ i z } à j ¦ Î } Ï « Î | o ÎØ Î x q j ¦ l q zl Û j¦ l | o ÎØ Î l « j¦Û } o j¦ Û | ÎÛ d Û Ü¦q d « « fvÖ | o ÎØ Î x q zl Û Ø Î« ܦ q Û| o ÎØ Î o } | ܦ Î q | o ÎØ Î i q |zl Û l ÛØ Ø l | l | | o ÎØ Î x

e¥ j¦ Î { | z y d| | o } vÖ q Û | j¦Û e| Î x d| l | Ø t à d} | Û e| Î x y ܦ l j¦t l x q z Û y Û t l e¥x j ¦â i Î i Î | e¥ k z k vÖ y x ij¦ ij¦ fu j¦ fÏ k | } } vÖ y x d q Û | j ¦â i Î j¦ ¥ y d m Î l Îj¦ ¥ } | x

m j ¦ k } Ø Ø Ü¦ q Û| d | Î d x e¥ j¦ Î { | zx q } l } l y o x Î j¦ d | Î e¥ q } Î y { xx

dÙ

i| Ûq Û r i â o Û

q }Ù d ¦

} t| k k } t| d o

Taarangan

June, 2017

55

r j¦Ø Û Î z | r j¦ | o Îi | « j¦e¥ Î | l Î i Îà q | j ¦ Ø « z } Î Ø j ¦â k ã Û q o j¦ Î x } Ø Ü¦ ã Û f| j ¦ q Û | j¦ z k | } }° Ø Û Î d j¦e¥ }°j¦ j ¦ ã Î | « d Ø Îàx ã « j¦e¥ i z Îà q Î j¦Û j¦e¥ Ø « Î « }°ã Ø j¦ Ø Û Îà d j ¦â j¦ l q | j¦ Î ã Û z Ø Û Îàx e|ÎÛ Û d « j ¦ } Î ij¦ z Ce^ e¦

q o « d d tÐ « m Î q | « ij¦ ã Û z f j¦Û | Ø Û | ÎÛ x } Ø | j ¦ Ûo Î z f| j ¦ Ûo j¦Û ã Ø k vÖ Î x Î | l j¦ o Î Û Î } ¦ e^ e¥ j¦ | j¦ Î q | j ¦ Ø Î e| o « d m z « Û{ t§j¦ Ø Î x z | « e z j¦ v j¦ q Ø Î x â t z | « m Î z | Î Ø Î Î d | Î l § « j¦ z f z | o Î Cr j§Ù Ü Ï { } r j§ } o Ïiy

ij¦ d q | j¦ j¦ q j¦ ܦ Û z | « | Ø l ¢v ܦ z | Ø z d | ÎÛ j¦ e¥ i Û q | } Îo | q f | l Û ¡ e¦ Ø j¦Û ¡ e¦ k vÖ ã Û Î| z j ¦ tj¦| z x tÛ Û { Îj¦ « « d q l ã l } ¥ ܦ q Û j¥¦ q { Îj¦ « « d y x l

56

leejebieCe

petve, 2017

d} | Û l | Î| Ø cÖ}° Ø d }° Ø ã j ¦ } { Û { Û i o cÖ j¦ d q f ܦ q l Ø « j¡§l k } j ¦ | q | q Ø Î x f j ¦ | ã ܦ « j¦Ø Û Îà o Ø Û Îà z ¥j¦ k Û o o d Ø Îàx j¦ v Ö j¦Û l Ø Û Ü¦ « Î dj ¦ d} | j ¦{ } c j¦ | ¥Ø j¦ | z Ø Î x Ø ã Û Ø }° Ø } { ¥ j ¦ z « ã Û Î Ü¦ Ø j¦ Û cÖ £ o cÖØ o q Ø Î x e j¦ j¦ j¦ | Î C Ï k k } q j¦ Û } o j¦ ÎØ q | ÎÛ Î x oo c Ö q | Û } ¦ ã Û f j¦Û ܦ « j¦ o z k Ø Îà l f | Πܥ

Î j¦ ܦ ¦ d d Ü¥¦ Î| Ø j ¦

} } Î x d q q ÎÛ Î k k | | ܦ e v tÐÛ j ¦ d Û j¦ j¦ « j¦ « « ij¦ Î x ÎÛ Ø ÎÛ Ø | ¥Ø | z ¥ j¦ j q f d} | } ã Û Ü¦tj¦| ܦtj¦| | ÎÛ z Ø y d q f j ¦ y j¦ j¦ | j¦ Ø ÎØ Îàx § £ Î | ÎÛ Ø j¦ CCr j§Ù Ü Ï Ü Ï { } r j§ } o Ïiy

Ïiy

d C j§ d d j¦ j ¦ } ¥ tÐ} Ø { } y x d} | Û Î| Ø d Î j ¦ } z | j ¦ §Ø Û z d j¦ j ¦ z tÐ} Ø | x f|Ϋ Ø j¦ | } j¦ z l x eØ | vÖ j¦Ø j¦ tÐ} Ø | | d } Û z | « d} | §Ø Ø j¦ } o ܦΠ| Î Ø vÖÛ Ø Î x z | f| j ¦ | | Ø Ø j¦ Î Ø Û ÎÛx q j¦Î ã Û l Î j¦ Cj§ } j§ÏÙ Ï d ¡ ¡ k } ÏÜ¡ Ï j§Ù ij§ ~ Ùz Ù Ù Ù fã y e | o Î Ø j ¦â ã Û q | j ¦ j j j¦ j¦Ø Ø Î Îxx Î z Î Ø Î f|Ϋ Î ã Û q Ø Û Î q Ø Û

d q ã Û q Ø Û Î x f| j¦Û q zl Û l Û j¦ ܦ Üצ d l° ^ Û j¦Î Ø j ¦ d| Î | j¦Û e j¦ o Îi 7KRXVDQGV RI PLOHV o Îi

tj¦

~±Ù j§ j§ d~ } ÏÙ Ï Ù Ï o Ï Ï ã t j§ ¦o Ü Ï v× y ~ ij§ k j§Ü l } Ù Ü ¬ { j§ t { q i ٠ݦ§ } ÏÜ o ¬l q ÏÙ ÏÜ} Ï ¬l y dÙ ¢ ij§ j§ q { ÏÙ Ï y Ï ¤ ij§ j§Ü ¡k d ¬ j§ } Ù Ù j§ Ù Ï i d l Ï y dÙ ¢ } Ù Ù c× Ï } o Ïiy MRXUQH\ VWDUWV IURP WKH ILUVW VWHS } Î j¦z Ø q j¦Û d cÖ | ÎÛ Î l j¦ k z k z | Ø o q il x Î Î j¦Î| f o Ø Î l j¦ C á dj § ÏÜ o z q } i ¡ ^ l l z d Ù l d j§ ¡ } Ù l q ¦Î Ø | } Ûx q l fu o ^ ÎÛ Î Ü¦ Ø | k vÖÛ Î x i d| j¦ « d| j¦ Î | l « j ¦ fz Î Îà q |Î | d} | d} | Ø } z | j¦ | Ø Ø j¦ j¦ Î r j¦ Î x o } Ù ¬{ j§ q |Ϋ ¨¦j ¦t j¦ ã l | j¦Î q Ø Î q | j ¦ ¸ | i l i eØ | j¦ ¢v ¥ Îà j¦ d l d l } d l d l z j ¦ d l d l k vÖÛ ÎÛ f| j¦ d l d l j¦ ¢v ¥ Ø v Ö j¦Ø Îàx j¦ j¦ e ¥ ã Û ij¦ k vÖÛ f| j ¦ Ø j¦ ¢v ¥ | ÎÛ Ø v Ö j¦Ø x Õ Ø j¦ l Ø ¨¦j ¦t k | q z ¨¦j ¦t « | q z ¨¦j ¦t « t t «o Û q z | v «o Û d z d z d e| g} | j¦ dl ÎÛ d z d e| g} | j ¦ dl ÎÛ z| Cä Ù Ù} j§Ü f~ | y

z| Cä Ù Ù} j§Ü f~ | y

Ø « ¨¦j ¦t j ¦ ã l | Îà o | o | eØ | Û Î | Ø Î Î | j ¦ z

â t j¦ ¥o Û Î vÖ x ij¦ k

j¦Û l | Ø Û « z j¦ t z q i Ø Ü¥¦ | ÎÛ o «l q ÎØ ÎÛ| Î «l x dØ ¡ ij¦ j¦ q z ÎØ Î x Î £ ij¦

j¦Û k d « j¦ | Ø Ø j¦ Ø Î i d l Î x dØ ¡ | Ø Ø cÖ Î | o Îix y Û cÖ Î | o Îi d l q | ÎØ } ¥ Î x q Î ã Ø j ¦ z | j¦ r j¦ | j¦ Ø | ÎÛ l d} | z j¦ · « l Û j¦Û q q Û « §Ø j¦ | j¦ ÛvÖ fu | dq ¥ | § q ¥ ¥ Ø j¦ C ¥ Ø j¦ ° t j¦ j¦Û q « « Ϋ Ø | i£ ÎÛ q Ø r Û l Î | ÎÛ | Ûx d Ø ij¦ ¨¦ Ø j ¦ ܦ Î | Î d x z j ¦ d ^ z Î | Î d x f k j ¦ Î | z | Ø Ø }° Î d x Ø Î z dݦÛj¦ j ¦ d Ø | Ø } } ¡v j¦Û q z dݦÛj¦ j¦ d ^ z Î | j ¦ Î | j j¦ ¦ f} Ø Î £ j ¦ }°y d Ø tÐ } Ø l Û j¦ q q Û « d ^ z j¦ | j¦ x d k q ÛØ Î ex¥ f d l° q Û ° q j¦Û | Û Î l Û q j ¦ « j¦Î q Ø y j¦ d l° ^ j¦ ¥ j¦ã Û d Ø | ÎÛ Î Ø x q | } vÖ y f|Î e z j¦ â v Ö j¦ x d k r j¦ z y f ܦj¦Û | q |Ϋ Î C ~ Ï Ù l ¡| Ü j ¦ | q | Ø Îàx q |Ϋ Î ~ j¦ÎØ Îàx

j ¦ y Û ã l | Û j ¦ y x d l q | cÖ y y Û cÖ y x } q Û Î d x Û z | q | Ø Û Î x dÙ ¢ C ¡ ^ } ¡ ^ j§ l } Ï ¡ ^ j§Ü | x v j ¦ z | j¦ z | | | x q Ù q ¡ ¬ Ù j§ ¡ Ù Ï y Cr j§ q il Ü d k d q z dݦÛj¦ v j ¦ Ø f ° { } r j§ } o Ïiy

Ø j¦ j¦i m ¥ j ¦ Ø d ^ zÛ j¦Û Î « Î Î x Cr j¦Ø Û Î z | r j¦ | o Îi e ã Û eØ | Û Ø x ã Û ¨¦j ¦t k | z Ø y j¦ Ø j¦ Î | | v | x C o } Ù ¬{ j§ j ¦ | | Ø Ø j¦ Î i z | j¦ r j¦ | j¦Û o Î Î | Î d} | Îà r j¦ Îà § « j¦ f|Î r j¦ | o | ÎÛ Î x j¦Ø ¥ « z Ø « j¦ Î| } Û | u e¥ | z Û z } Ø ij¦ l tÛ } Î| ܦj¦Û | d l° ^ Û j ¦ y j¦ | o Îix ~ } l j§Ï j§ Ù ° q j¦ r j¦r j ¦ k z y x f| j ¦ } Ûâ z Ù } k Ï Ù ä Ü Ý§ { Ù Ü Ï q Ï d~ } d { Ù j §j§ Ù Ü z Î z | d o } Î z Ø | k vÖ Î l y x | { | j¦ o { Ù ¬ j § ~± Ù e¦ } { Ü d l } j§ ¦ | } z j¦ o x q ^ y Ø Ü¥¦ Î z Ø | j¦ j§ Ù Ïáy }°Ø j¦ j¦ d} | ÎØ Î Ø Î o Î Î

Taarangan

June, 2017

57

l° Û k d i h }° j¦ j ¦® j¦ | z } ã || l Ø { j¦ d q |

j¦ | z

58

leejebieCe

petve, 2017

t Ï Û Ø j¦ ¥¨¦

l q { d¡o j§Ü d} j§ k d ¬ ¹ ä }} l ¡ ¬ ¬ Ð Ü Ù j§ ¦©§ j§ d q } j¦ | « j¦ v q t à j ¦l j¦Û q | j¦ Û z | j ¦ f´ l q z d o j¦Û d| j¦ k d « | ã || l « « Ï Û Ø j¦ ¥¨¦ d q Ø j¦i d l° « j¦ àj¦ j¦Û v q t à j ¦l { Û { d « d l Ø j¦ x e| d « } j¦ | « j ¦ o Ø k Ø ã Û k l i d k Ø z « j¦ itÛi j¦ v¥ ã Û }°z | j¦i l ix Î | } k ¸ Î | } l « d q | x

{ | j¦} k ¸ j ¦vÖÛ k v Ö l « d q | x

l q z d o ¸ d q Ø j¦ } j¦ } zl¥ Û d « ivÛ Û }° v§t { Û j¦ ¥ « }° Ø ã l « j¦ ã || fØ} z « j¦Û q | j¦ Û z Ø Î i f} d }° Û d j ¦ q } e ¥ i d e¥tÛ }° k Û q ¥x

l q z d o j¦Û z z Û i q k ¸ l i C Ï Û Ø j¦ ¥¨¦ j¦ | « j¦ j ¦ { Û à j ¦l { d « j ¦ « q | j¦ Û z Ø Î i d { j¦ Ûl x

Î Ø } k ¸ } l ÎÛ l « d q | x

l } k ¸ l } l « d q | x

l l Î k ¸ q { v Ö l « d q | x

| | } k ¸ | | } l « d q | x

q z} d o j¦Û m ÎØ k « d Ûd e¥ j ¦ Î j¦ Î }° { j¦ Û q Û q | j¦Û d{ Ø « Ï Û Ø }Ø Î } || Î d q « l° Îj¦ « j¦ k Ø k | j ¦ e¥ Û j¦q ¥ | z | l° Îj¦ « j¦Û ã Û i} d z j¦Û q | j¦ Û zÛ l e¥ x j¦ ¥¨¦ « f} y Ø } Å Îã j ¦ dl° Û q }° { j¦ Û Ü ¦z | ¥ k }° { j¦ Û d ¥ o Ø | j ¦ j¦ iܦi Û Û Ï ã l

o Û d o ¸ Ï Û Ø }Ø Î j ¦ d } | Û k j ¦ d Ø l ¥Ø o tt¤ } o Ø « d q Ø j¦ ¥¨¦ « Î Ø Î « j¦ { Ø j¦ Ø Î i d }° Û | «t j¦vÖ x y « d q }° Û Î Û j¦§j¦v | v d { j¦ Û Û ã j ¦ i | Û }° Û j¦ Ø ¥j¦ d z q x

Taarangan

June, 2017

d| l Ø {

+RQ·EOH 03 6KUL .DPEDPSDWL +DUL %DEX *0 1%* 6RXWK

6KUL 5 . 0LWUD DQG =0 6KUL ' 9 5HGG\ GXULQJ WKH IXQFWLRQ KHOG DW .RODYDQLSDOHP 9LOODJH

STAR DIGITAL VILLAGE INITIATIVE 'HPRQHWL]DWLRQ RI WKH KLJK denomination currency notes have resulted immediate hardships to the SHRSOH GXH WR VKRUW VXSSO\ RI &XUUHQF\ 'LJLWDOL]DWLRQ LV WKH DOWHUQDWLYH VROXWLRQ WR PRYH WRZDUGV &DVKOHVV (FRQRP\ 2XU %DQN VWUHVVHG WKH XUJHQW QHHG for taking steps to move in cashless WUDQVDFWLRQ GLUHFWLRQ 2XU %DQN KDV LQLWLDWHG DGRSWLRQ RI ÀYH YLOODJHV XQGHU RXU VXE VHUYLFH DUHD LQ HDFK =RQH 2XU $QGKUD 3UDGHVK =RQH KDV LGHQWLÀHG WKH ÀYH YLOODJHV IRU DGRSWLRQ WRZDUGV GLJLWDOL]DWLRQ ,Q WKHVH YLOODJHV ZH KDYH WR PDNH WKH YLOODJH GLJLWDOL]DWLRQ E\ DGRSWLQJ WKH every household has a savings account WKDW FDQ EH DFFHVVHG WKURXJK PRELOH SKRQHV YLD 606 0RVW ORFDO WUDQVDFWLRQV

KDSSHQ WKURXJK PRELOH EDQNLQJ DQG 'HELW &DUGV SD\PHQWV DW 5DWLRQ Shop for purchase of grocery items or milk at the co-operative society is made WKURXJK RQOLQH WUDQVDFWLRQV 7KH %DQN accounts are linked to Aadhar cards and *RYHUQPHQW EHQHÀWV DUH WUDQVIHUUHG GLUHFWO\ LQWR DFFRXQWV .RODYDQLSDOHP D VPDOO UHPRWH YLOODJH LQ WULEDO DUHD LQ 9LVDNKDSDWQDP 'LVWULFW RI Andhra Pradesh having 400 households LQ WKH YLOODJH .RODYDQLSDOHP ZDV DGRSWHG E\ RXU $QGKUD 3UDGHVK =RQH IRU 'LJLWDOL]DWLRQ DQG OLQNHG WR *LGLMDOD %UDQFK DQG WXUQHG LQWR D 'LJLWDO 9LOODJH DQG KDV EHHQ GHFODUHG 'LJLWDO 9LOODJH LQ WKH PRQWK RI 0D\ 7KH %DQN RIÀFLDOV GRQH ORW RI

100%

Digitalization of Kolavanipalem – a Remote Village in Tribal Area

handholding and conducted awareness FDPSDLJQ IDPLOLDUL]LQJ WKH SXEOLF with various methods of the cash less WUDQVDFWLRQV 1RZ DOO WKH YLOODJHUV DUH doing cashless transactions at the fair SULFH VKRS 2QH %XVLQHVV &RUUHVSRQGHQW stationed at the village facilitated the GLJLWDO WUDQVDFWLRQ LQLWLDWLYHV

} m j§z

CCd q Ø ^ ÎÛ d l

m « m Ø ÎÛ | }° || Ø j¦Î x z j¦ | z | l Ø Û « } £o } j¦ q vx Ö CC} } Ø Ü¦ d } | } t z

z j¦Û j ¦ | } ¥j¦ } â x CC} l Î l e¥ Î §

| ܦ × } uØ Î i m vjÖ ¦Û l e¥x j ¦ j¦ tÛo j¦Û Ø e¥ Î e ¥ Ø z d l e¥ CCl l « d| j¦ | z « j ¦ y ÎÛ l z | « j¦ ã Û } | Û Ø Î x

f i Î Î | l j¦Û Î ij¦ l z Üצ | Û | j ¦ Î | } k vÖÛ Î x

60

leejebieCe

petve, 2017

d ä ~ ¡Ù ã } d o

q z} d o j¦Û Û k CCd v } ¦ v

j¦ fzm t| j¦ l x e d } k } j¦Û j¦ | j¦| j¦ àj¦ j¦Û Ø Ü¦ Ø o |Î }°z | j¦ | Ø j¦ Ø Î i f} d }° Û } e¥ i f} y Ø d| t ܦ z l x

‚›¡¸ Š¸¢÷¸¢¨¸¢š¸¡¸¸¿

~± ¡| } { j§ k j§ ¦j§ Ü d | j§ Ü j§ ä ~ ~± ~±

}° { | z j¦ k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } j¦ ij¦ z Û }° } ã } d l | Î d x d o j¦ j¦ ¥ } Î o | } d }° Û Î l | f| j¦ l Ø j¦ x d} | }° j ¦ z | Û Î } | àj¦ d ¢Ü¦ e v j ¦ }° k j ¦ ¦} « zÛ j¦ ¥ Ø j¦Û uj¦ « Î e j ¦ } Å Ø f|Î | t ܦ }° Î µ « j¦ z « t ܦ jצ Ø j¦Û i ã } d o j¦Û vÖÛ k d « j ¦ k }° { j¦ « i d o j¦ j¦ ¥ j ¦ t ܦ j ¦ y d o j¦ j¦ ¥ } « uj¦ j¦Ûx e d } f|Î | } j ¦ fµ | « } ã Û j¦ x

ä ~ d¡o ¹ ~ d ä } k d ¡ ¡ ä Ü Ï ä d ~ { }°z j ¦ k Û Û q Î o Î | ¸ o e¥ l e¥ Î j ¦ Ø ÎØ àj¦ d ¢Ü¦ e v ã } d o ¸ } j¦ ¥¨¦ j¦ d q | j¦ l q d o j¦ j¦ ¥ ÎØ ã } d o j¦Û k d « j¦Û k d « « } j¦ l x

d o j¦ j¦ ¥ } « } j¦ Ø d o j¦ j¦ ¥ j ¦ t } á z x

Ø | k

d o j¦ j¦ ¥ } « } j¦ Ø d }° Û Î l x

Î l z k

z k

z| Û k

ã } d o j¦ j¦ ¥ } j¦ Ø j¦ §t ã } Û z } Û k vÖ d e¥ii k j¦ ¥} | d { j¦ Û Û Î q z Î d e¥ii x

Taarangan

June, 2017

61

Î oo f} { { e¥

DR. ASHUTOSH 6 R 6PW 6KLNKD &KDQGUD 1HZ %DUHLOO\ %UDQFK *KD]LDEDG =RQH VWDUWHG Caspar-Smart Home in US and Japan in June &DVSDU $, 6PDUW +RPH IRU PRGHUQ HIIRUWOHVV OLYLQJ +H KDYH FUHDWHG D QHZ JURXQGEUHDNLQJ SURGXFW WKDW LV WRXFKLQJ WKH GDLO\ OLYHV RI SHRSOH IRU PRUH WKDQ KRXUV D GD\ &R IRXQGHG ZLWK 3URI 'DYLG &KHULWRQ FR IRXQGHU $ULVWD 1HWZRUNV DQG ÀUVW LQYHVWRU *RRJOH DQG ZLWK <RN\ 0DWVXRND IRUPHU 93 RI 7HFK DW 1HVW DV DGYLVRU 7KH SURGXFW LV KHDYLO\ JURXQGHG LQ WHFKQRORJLHV RI PDFKLQH OHDUQLQJ GLVWULEXWHG V\VWHPV DQG URERW OHDUQLQJ Dr. Ashutosh Saxena LV WKH FR IRXQGHU DQG &(2 RI D KLJK WHFK VWDUWXS &DVSDU DL E\ %UDLQ RI 7KLQJV 3UHYLRXVO\ $VKXWRVK VSHQW IRXU \HDUV DV DQ DVVLVWDQW SURIHVVRU LQ &RPSXWHU 6FLHQFH 'HSDUWPHQW DW &RUQHOO 8QLYHUVLW\ ZKHUH KH IRXQGHG 5RERW /HDUQLQJ /DE DQG FR IRXQGHG =LEE\ +LV YLVLRQ LV WR EXLOG DUWLÀFLDO LQWHOOLJHQFH IRU HPERGLHG V\VWHPV VXFK DV URERWV FDUV DQG KRPHV +H UHFHLYHG KLV 3K' IURP 6WDQIRUG 8QLYHUVLW\ LQ $UWLÀFLDO ,QWHOOLJHQFH $ZDUGV

MASTER PRATHAMESH 6 R 0UV 0DQDOL 3DWDQNDU 6HFXULW\ 'HSDUWPHQW +HDG 2IÀFH KDV ZRQ WZR JROG PHGDOV LQ .DWD DQG .XPLWH HYHQWV LQ XQGHU FDWHJRU\ LQ WKH ,QWHUQDWLRQDO ,QYLWDWLRQDO .DUDWH &KDPSLRQVKLS %XGRNDQ &XS KHOG DW 'XEDL RQ WK 0D\ +H KDG DOVR SDUWLFLSDWHG LQ WKH :RUOG &XS .DUDWH (KWF Sogo Budokan Karate Tournament) in the year 2015 at &KLWRVH -DSDQ +H KDV QG GHJUHH %ODFN %HOW DW WKH DJH RI

Congratulations

BOI wishes him success in his venture..

q l { C ¡Ù Ù Ï¡{Ü Ü } d ¡j§ Ù Ï e ¡¦ v £ Ü} } Ü l ~Ù

Charmi D/o Shri Nikunj Parikh

‘Awarded for Bungy Experience’

v ¢ Û| | Û l }Ø } Ø| Û Û q j ¦ | Ï t ܦ k | g d o d Ø ¥ tÐÛ j¦ o z z j¦Û d d Ø ¥ tÐÛ Î zÛ Î i { l uÛ j¦ d q | v| Û e¥ d tÐ j ¦ ã l « j¦ l x e j¦ Î x C Î zÛ j¦Û j¦ ÎÏ x j¦ ¥¨¦ « z z j ¦ z « d o Õ }° o Õ d ÎØ j¦ « | Îã l Ø j¦Ûx v ¢ Û| | Û l }Ø | C Î zÛ j¦Û j¦ ÎÏ } l ã ¥Ø §Ø }° Ø Ø j¦ y x j¦ l uÛ « f| j¦Û j¦ Ø C Ø ¥ q ¥| d C | j ¦ Ø | ÎÛ l eÕx C Î zÛ j ¦ { ¥| Ø y Î Ø j¦ q | j ¦ i v ¢ Û| | Û l }Ø j¦ q l z C Ø Ø C Î zÛ Û | d j¦ Ø j¦ Ø Î i ® ܦ tj¦ j¦Û } o Îq j¦Û { | ¢ d c Ö j¦ }°z | j¦Û l e¥x v ¢ Û| | Û l }Ø CØ l l Î} j¦ j¦Û ã Û | Ø k j¦ Îàx Üd d e¦ ~ j§Ü d Ï {¦j§ | e¦ y 62

leejebieCe

petve, 2017

0V &KDUPL KDV WDNHQ KHU %XQJ\ ([SHULHQFH WR WKH QH[W OHYHO PD[LPL]LQJ WKH $GUHQDOLQ UXVK IURP WKH 1HYLV %XQJ\ WKH KLJKHVW Bungy in New Zealand taking on the 134M plunge toward the JURXQG &RQJUDWXODWLRQV IURP %2, PARIVAR

| e¦ }° { | z j¦ k j¦ ¥j¦ Û d { j¦ Û Û zÛ| { Î } | d Î k j ¦ t ܦ Û l Û q ll Û j¦ · « f| j ¦ f k | Û l z | Î Ø } j ¦Ø j¦ x

} j¦ d k RSETI Award to Bank

o vÜd d j§ } j§ ¦©§

Bank of India was chosen for e RSETI award of CommendationThird prize for its contribution to the RSETI movement during FY-2015-16 under category “A” on the occasion of NATIONAL RSETI DIWAS 2017.

7KHQ *0 ), 6KUL 6 3DODQLYHO UHFHLYLQJ DZDUG IURP +RQ EOH 0LQLVWHU LQLVWHU RI 6WDWH IRU )LQDQFH 6KUL 6DQWRVK .XPDU *DQJZDU +RQ EOH 0LQLVWHU RI 6WDWH IRU 5XUDO 'HYHORSPHQW 6KUL 5DP .ULSDO <DGDY DQG +RQ EOH 6WDWH IRU 5XUDO 'HYHORSPHQW 6KUL 5DP .ULSDO <DGDY DQG +RQ EOH &R &KDLUPDQ 1DWLRQDO /HYHO $GYLVRU\ &RPPLWWHH RQ 56(7,V 56(7,V 6KUL 'U ' 9HHUHQGUD +HJJDGH DW 9LJ\DQ %KDYDQ 1HZ 'HOKL

*0 1%* - & 6KUL 6XGLSWD .XPDU 0XNKHUMHH UHFHLYLQJ WURSK\ IURP +RQ EOH &KLHI 0LQLVWHU -KDUNKDQG 6KUL 5DJKXEDU 'DV IRU EHLQJ 1R %DQN LQ -KDUNKDQG 6WDWH LQ 6+* &UHGLW /LQNDJH

q Ø Û ¥j¦ k q | j¦ o | j¦ Ø Î i j¦ §t ã } Û z } Û k vÖ d e¥ii k j¦ ¥} | d { j¦ Û Û Î q z Î d e¥ii

i d o j¦ }° { j¦ Û Î l x

f z| ¥ j¦Û } Î Û j¦ « ij¦ d l Ø q l Û y Ûx u v j ¦ « ã Û z ã j ¦ f| d « « ij¦ | q i f l y Ûx z| j¦ z ã j ¦ ã || d o j¦ j¦ ¥ « « àj¦ d ¢Ü¦ e v j ¦ | | §Ø }° | Û d { j¦ « j¦Û | §Ø j¦ } Î z| y x Î o àj¦ j ¦ Ø Øj¦ Û| z j¦ j¦ vÖ Û{ Û ã Ø Û¥ d { j¦ « j¦ o y x ã Û d « } z | §Ø vÛd d e v§ | j¦ ¥ Üצ i Üצ tÐ | l Ø j¦ ij¦ q v Ö | o j¦ y x e j ¦ z ã Û à j ¦l ¨¦ j¦ } « l| Î Ø l ix tÐ | ܦ l° Û } t l zÛ d d| j¦ l Ø { « « Ø Î Ø o l ix d } q v Ö j ¦â z Î Ø l x j ¦â y Û àj¦ â v Ö j¦ | i fz | }° e t §t àj¦ « o l i ÎÛ j ¦â d| j¦ j¦ Û | j¦ Û j¦Û d d j¦ ¥Ø Î j¦ àj¦ â vÖ j¦ o l ix j ¦ y t §| q Û } Ø ¥| j¦ z d x q | Û « e o j ¦ } Î | j ¦ y j ¦â « | o j ¦ ã Û y « j¦ ij¦ o } q v|Ö j¦Û j ¦ y ij¦ t¤ d} l° } | q j¦ j¦ z o j ¦ ã Û y « j¦ y q v|Ö i Û | | j ¦ j¦ ¥¨¦ j¦ ¨¦ | Ø j¦ | y x e }° ¨¦ ¥ l l ix d Ø Ø ¡ ܦ Û j¦ z j ¦ { | l } Î « } Î Û | | j¦ j¦ ¥¨¦ Ø Î d x e l° } l ã l y Û y q « j¦e¥ y Û z } t l } y x ܦ ã Û Ø z| } j ¦ y « | | l } d o j¦ j¦ ¥ « Î q | Ø j¦ x e « Î d { j¦ Û ã Û y Ûx Î j ¦ | Ø j ¦ } Å Ø ã Û y Û Î j¦ Ût z Û } } «o t el q ¥ ܦ ¢ t j ¦ ^ ¢t ¥ } Î o x o j ¦ } Å Ø j¦ ã Û j ¦ d } Û } o j¦ z Î d x j¦e¥ y Û q àj¦ j¦Û d ã j¦ | j¦ Û j ¦ } Å Ø d| l } z « } j¦ ¥ j¦ Î y f|Î «| ã Û e Î j¦ q ã z x j ¦ | Ø j ¦ } Å Ø l | l | l | | j¦ z Î d q z Ø Ø j¦ ã || j¦ ¥¨¦ « d | Ø « j ¦ { k l Î x j¦e¥ y Û } Î Û y d j¦e¥ l ã l ¥ z y x ã || t « « jà¦} ܦ j ¦ z | Î Û ct Û j¦ z o Ø Î x j¦e¥ y Û vÛq Ûi iq Ûi i k }° { j¦ « j ¦ } z « } j¦ ¥ Ø y j¦|Ø e z | e| } z « j¦ d } Û Ø } j¦ e ¥ }°ã | ÎÛ zk x j ¦ } Å Ø Î q q l ܦ Û j¦ j¦ ¥¨¦ Î q j¦ d | z d Û Î x } Û } | Ø j ¦ } Å Ø ^ ¢t ¥ | l } j¦ z Î i Ø y | l } o j ¦ } Å Ø ã Û y Û Ø o |Î « j ¦ y Î e¥ l ¥ } | d} | j¦ ¥ y j ¦ i z Î ix j¦ ¥¨¦ j¦ k f´ y « d } Û zã j¦ | d z | y q Ø Ø ¡ j¦ Î d x e| z « j ¦ y j¦ } | ¡ e Ø Î j ¦ | j¦ ¥¨¦ Î Ø Î«l ã Û d} | Û Ø « « z Ø Û j ¦ k Ø } « j¦ j ¦z j¦ j ¦ }°Ü ¦ Ø | z Î ix o }{} j § Ü Ù i i e¥ Û Û } d o

Taarangan

June, 2017

63

m m z Ø j¦ i Î Ø } Î

o }} e¦ d¡o

o || e¥ d o « m m z Ø j¦ Î j ¦ d } }° Ø j¦ « j¦ q Û } j¦ Ø j¦ Ø Î i Ø Øj¦ Û| j¦ | Û d i j¦ | | y « }° i| Ûq Û z Û d j ¦ d }° Û Û Û o tt¤ Û }° } | v ¢ Û o z j ¦ i }° h Û t q l || { x

o || e¥ d o j¦Û d m m z Ø j¦ j¦ ã ã d o j ¦ | j¦ « Ø Øj¦ Û| j¦ ¥} j¦ | z j¦ Û d i j¦ | | ¸ j¦ l x Û | | | t ܦ z « j¦ { Ø j¦ Ø Î i ã Û j¦ àj¦ j ¦ Ï¥ | } z| « ã Û Î l j ¦ i d Τ | j¦ x f|Î | j¦Î j¦ Î àj¦ | j¦ · j ¦ i j¦ q l°Î t j ¦ i i i i e¥ « d Ø « j ¦ l°Î } | j¦ d { | Î x àj¦ | l° Îj¦ « j ¦ i d| j¦ }°j¦ j¦Û j¦Û o Û Îà q j¦ h z } Î | Î| | } Ï } | j¦ | tàv d} e v q | j ¦ Ø ÎØ | }° k Îàx Ø Î j¦ àj¦ } « | Ø

m m { Ù j§ i ¡ Ï Ù Ï

o || e¥ d o j¦Û j ¦y v Ð v k « t ܦ d l° Îj¦ « j¦ { Ø j¦ Ø Î i Ø Øj¦ Û| j¦ ¥} j¦ | z j¦ Û d i j¦ | | x y « }° i| Ûq Û z Û d j ¦ d }° Û Û Û o tt¤ Û }° Û Û j ¦ Î j ¦y v Ð v k i d| d { j¦ Ûl d t ܦ z x

o j¦Ø j ¦ i v ¢§t } q | j ¦ Ø ÎØ | j¦ t§ t e| d ¢Ü¦ ¨ ¦ vt h f} { j¦ Û q ÎÛ Î x àj¦ j ¦ } q q | d « j ¦ ã || j¦ } q | o Ø k Ø q | v | Û Ü¦t q q | l } u | l j¦ q q | j¦ d j¦Û ã Û f} { Î x v q t à j ¦l j ¦ i ã Û Î fØ} z j ¦â j¦ | ÎÛ Î x v t j¦ v¥ ¨ ¦ vt j¦ v¥ } Ûd i Û| e t | t j ¦l j ¦l y° e d { d { Ø ã l Ø | t l ªt j¦ v¥ l° Îj¦ « j ¦ i f} { Î x àj¦ l° Îj¦ « j¦ ij¦ âØ j ¦ | Ûo Ø j ¦l i Ï Û i }°z | j¦Û q ÎÛ Î x Î « l° Îj¦ « j¦ fØ} z j¦Û

ÎÛ q | j¦ Û z j¦ d fÏ z Ø Î i j¦ « · | Å Ø j¦ | Û Î x e « q Û | Û y Û o Ü ¦v vÛ t | Û d z j¦Û { Î x m m z Ø j¦ j¦ k f´ àj¦ v t } j ¦l j¦ }° Ø ÎØ j¦ | Î x Î « l° Îj¦ q v|Ö Î d j¦ Û ã Û d j¦ | o j¦ j¦ j¦ | Î x Û | | | m m z Ø j¦ Î j ¦ z | }° Ø j¦ « j¦ q Û } j¦ Ø ã Û j¦ x e j¦ } Î }° { j¦ i| Ûq Û z Û d j ¦ d d o j¦ }° { j¦ Û Û Û o tt¤ Û o || e¥ d o j ¦ ã Û t ܦ j ¦ y y o || e¥ k k d Ûq k j ¦ ã Û t ܦ q z y x

l° Îj¦ | Î « f} y Ø f} Î }° { j¦ i| Ûq Û z Û j ¦ m | d }° Û Û d | z d o || e¥ d o j ¦ k d « j ¦ u d { j¦ Ûl d }° Ø uØ l° Îj¦l x Î « l° Îj¦ « j¦ { Ø j¦ Ø Î i d }° o || e¥ d o Û Û Û o tt¤ Ûx

64

leejebieCe

petve, 2017

Â&#x2030;Â&#x2122;Â&#x2122;Ă&#x17D; Â&#x2026;Â&#x2122;ooÂ&#x2122;Â&#x2122;Â&#x17E;Â f}Â&#x2122;Â&#x2020;Â&#x2122;Â&#x192;Â&#x2026;{Â&#x2122;Â&#x201A;Â&#x2122;Â&#x2122;Â

Mitali S/o Hitendra Rathod 0XPEDL 1RUWK =RQH 66&

Niveditha ' R 6KUL . 0XUDOLNULVKQDQ Chennai Service Branch Chennai Zone WK

Tamilnadu State Board

Â?Â&#x2122;Â&#x203A;}Â&#x2122;Â&#x203A;Â&#x2018;Â&#x2122; Â&#x2039;Ă&#x203A; Â&#x2030;Â&#x2122;Ă&#x203A; Â&#x2026;Â&#x2122;Ă&#x203A; zÂ&#x17E;Â?Â&#x2122;Â&#x2122;eÂĽ Â&#x20AC;Â&#x2122;Â&#x203A;kÂ&#x201A;Â&#x2122; }°Â&#x2026;Â&#x2122; {Â&#x2122;jÂŚ Â&#x2030;Â&#x2122;Â&#x17E;Â&#x2013;Â&#x2122;Â&#x2122;ÂĽ iÂ?Â&#x2122;iÂ&#x20AC;Â&#x2122;eÂĽ Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; lÂ&#x2122;Â&#x2122;Â&#x17E;Â&#x2030;Â&#x2122;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; iÂ?Â&#x2122;iÂ?Â&#x2122;Â?Â&#x2122;Ă&#x203A;

Ayushika ' R 6KUL 9LUHQGUD .XPDU %DQGD .XUOD %UDQFK 01= 66&

Shanivi ' R 6PW .RPDO 6 6RQHML Ashokvan Branh 0XPEDL 1RUWK =RQH 66&

K V S Sindhu ' R 6KUL 69. 5DGKD .ULVKQD Malakpet Branch & 6PW 6KDQWKD +5' Telangana Zone 10th (CGPA 10)

Pragati ' R 6KUL +DULVK &KDQGUD Mali 0XPEDL 6RXWK =RQH SSC

Meeta ' R 6PW .RPDO 6 6RQHML Ashokvan Branch 0XPEDL 1RUWK =RQH %( ( 7&

8QLYHUVLW\ RI 0XPEDL

Â&#x2039;Â&#x161;Â&#x153;äÂ&#x161; Â&#x161; Â&#x160;Â&#x161;Â&#x161;Â&#x17D;Â&#x161;Â&#x153;{Â&#x160;Â&#x; Â&#x161;

Â&#x201E;Â&#x160;Â&#x161;Â&#x2039;Â&#x160;Â&#x161;}Â&#x161;Â&#x161;zÂ&#x161; Â?Â&#x2122;Â&#x203A;}Â&#x2122;Â&#x203A;Â&#x2018;Â&#x2122; Â&#x2039;Ă&#x203A; jÂ?ÂŚÂ&#x152;Â&#x2013;Â&#x2122;Â&#x2122; zÂ&#x2122;Â?Â&#x2122; {Â&#x2122;|Â&#x2122;Â&#x2026;Â&#x2122;Â&#x2122;z Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; jÂŚÂ?Â&#x2122;Â&#x2122; Â?Â&#x2122;Ă&#x203A;qÂ&#x2122;Ă&#x203A;}Â&#x2122;Ă&#x203A;i

Aarathy B ' R 6KUL %DEXVHQDQ 9. &KHQQDL =RQH %&$ VW 5DQN

d~Â&#x161;Â?Â&#x160;Â&#x161;Â&#x161;ÂŚ Â&#x17D;Â&#x161;Â&#x153;~Â&#x161;Â&#x153;Â&#x2019;Â&#x161;Ă&#x153; Â&#x2039;Ă&#x203A; Â?Â&#x2122; Ă&#x2DC;Â&#x2122;Â&#x2122;Â&#x17E;Â&#x152;Â&#x2122; jÂ&#x203A;ÂŚÂ&#x20AC;Â&#x2122;Â&#x2122;Â&#x201E; Â&#x192;Â?Â&#x2122; Ă&#x17D; Â&#x20AC;Â&#x2122;Â&#x203A;kÂ&#x201A;Â&#x2122; }°Â&#x2026;Â&#x2122; {Â&#x2122;jÂŚ Â&#x201E;Â&#x2122; oÂ&#x2122;Ă&#x203A; d oÂ&#x2122;Â&#x2020;Â&#x2122; jÂŚÂ?Â&#x2122;Â&#x2122; Â?Â&#x2122;Ă&#x203A;qÂ&#x2122;Ă&#x203A;}Â&#x2122;Ă&#x203A;i

Tanisha ' R 6PW 3UDWLEKD 9 3UDEKX Malad West Branch 0XPEDL 1RUWK =RQH 66&

Yashawine ' R 6KUL * 6ULQLYDVD 5DR Telangana Zone 10th (CGPA 10)

jÂ&#x153;§ Â&#x161;Â&#x161;Â&#x2026;Ă&#x153; Â&#x2039;Â&#x161;Â&#x2021;Â&#x161;Â&#x161;j§Â&#x161;

Avishkar 6 R 6KUL $QDQW 'LJH 'DQGD .KDU %UDQFK 6PW 9GHDYDWKL 'LJH &%2' +HDG 2IĂ&#x20AC;FH 66&

¸¸¥¸Ÿ¸¸ Â?Â&#x2122;Â&#x203A;}Â&#x2122;Â&#x203A;Â&#x2018;Â&#x2122;Ă&#x203A; Â&#x2039;Ă&#x203A; qÂ&#x2122;Â&#x2122;Â&#x192;jÂŚÂ&#x201E; Ă&#x2DC;Â&#x2122;Â&#x20AC;Â&#x2026;Â&#x2122;Â&#x2122;Â&#x17E;Â&#x2020;Â&#x2122;Ă&#x203A; Â?Â&#x2122;zÂ&#x2122;Â&#x17E;Â&#x2020;Â&#x2122;Ă&#x203A; kÂ&#x2122;Â&#x2122;Â&#x2020;Â&#x2122;Â?Â&#x2122;Â&#x2122; Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; jÂŚÂ&#x2122;Â&#x17E;Â&#x2020;Ă&#x17D;Â&#x2122;}Â&#x2122;Â&#x203A;Â&#x201E; jÂŚÂ?Â&#x2122;Â&#x2122; Â?Â&#x2122;Ă&#x203A;qÂ&#x2122;Ă&#x203A;}Â&#x2122;Ă&#x203A;i

Amit

S/o Shri Rajesh Motwani Â?Â&#x2122;Â&#x203A;}Â&#x2122;Â&#x203A;Â&#x2018;Â&#x2122;Ă&#x203A; Â&#x2039;Ă&#x203A; }°zĂ&#x203A;}Â&#x2122; }Â&#x2122;Â&#x2122;Â&#x192;tÂ&#x2020;Â&#x2122; %RDUG 6HFW +2 ĂŁÂ&#x2122;Â&#x2122;Â&#x17E;}Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; +6& Â&#x2030;Â&#x2122;Ă&#x203A; iÂ&#x2030;Â&#x2122; Â&#x192;jÂŚÂ&#x160;Â&#x2122;Â&#x2122;Â&#x17E;Â&#x201E; Â&#x2030;Â&#x2122;Â&#x;Â&#x2019;Â&#x2122;Â&#x2122;Â&#x192;|Â&#x2122;jÂŚ }°Â&#x2122;Â&#x17E;Ă&#x2DC;Â?Â&#x2122;Â&#x2122;Ă&#x17D;|Â&#x2122; Â&#x201A;Â&#x2122;Â&#x2122;Â&#x17E;qÂ&#x2122;|Â&#x2122;Â&#x2122; jÂŚĂ&#x203A; Â?jÂŚÂ&#x2122;¢Â&#x2020;Â&#x2122;Â&#x201E;

Harshada ' R 6KUL 6DQMD\ 'RQJDUH Pune Zone 0( (OHFWURQLFV 7HOHFRPPXQLFDWLRQV

9/6, (PEHGGHG V\VWHPV

First Class

Archak S/o Shri Pulak K Ghosh Kolkata Zone 0 6F $JUL 5XUDO 'HYHORSPHQW

509 8QLYHUVLW\ .RONDWD

dÂĄÂ&#x201E;j§Ă&#x2122;Â&#x161; Â&#x17D;Â&#x161;Â&#x153;~Â&#x161;Â&#x153;Â&#x2019;Â&#x161; `

Jai S/o Smt. Jayshree Sampat %.& %UDQFK 01= Third Prize 62nd National School Taekwondo Championship 2016-17

Sushma W/o Shri Anil Kumar Manocha Amritsar Zone 3KG LQ (QJOLVK +1 %DKXJXQD *DUKZDO 8QY 6ULQDJDU *DUKZDO

Hitesh Talreja Rajkot Main Branch Rajkot Zone 'LSORPD LQ 7UHDVXU\ Investment & Risk Management

Â&#x2039;Ă&#x203A; ĂŁÂ&#x2122;Â&#x;Â&#x201E;Â&#x2026;Â&#x2122; zĂ?Â&#x2122; }Â&#x2122;Â Ă&#x2DC;Â&#x2122; Â&#x160;Â&#x2122;Â&#x2122;Ă&#x17D;Ă&#x203A;Â&#x2026;Â&#x2122;Â&#x2122;lÂ&#x2122; Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; BSc (Information Technology)

~Â&#x161;Â?qÂ&#x161;Â&#x161; j§Â&#x161;Â&#x;Â&#x2021;Â&#x161;Ă&#x153; Â&#x201E;Â&#x2122;qÂ&#x2122;ĂŁÂ&#x2122;Â&#x2122;Â&#x152;Â&#x2122;Â&#x2122; dÂ&#x192;{Â&#x2122;jÂŚÂ&#x2122;Â&#x201E;Ă&#x203A; zÂ&#x17E;Ă&#x17D;Â&#x201E;Â&#x2122;zÂ&#x153;|Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; eÂĽ Â&#x2020;Â&#x2122;Â&#x192;|Â&#x2122;Ă&#x2022;lÂ&#x2122; Â&#x20AC;Â&#x2122;Â&#x2122;¢vÂ&#x201A;Â&#x2122;Â&#x153;Â&#x2020;Â&#x2122;

Taarangan

June, 2017

65

Â&#x192;Â&#x2030;Â&#x2122;@Â&#x2122;Â&#x17E;Ă&#x2DC;Â&#x17E; Â&#x2122;Â&#x2122; ]¸â&#x20AC;şÂ¸Â¨Â¸ÂŁĂş, ĂťĂ&#x2026;£¨¸£ú, Ÿ¸¸\¸Ă&#x201E; â&#x20AC;ĄÂ¨Â¸Âż â&#x20AC;&#x161;Ĺ&#x201C;Ă?ž¼¸ 2017 Ÿ¸¸í í½á¸º

Â&#x2020;Â&#x161;Ă?Â&#x161;{Â&#x153;Â&#x2026;Ă&#x153;

`ÂŹâ&#x20AC;&#x2122;¸£ Ĺ&#x201C;¸£¸Ÿ¸Š¸Ă&#x201E;' Ë&#x2020;½Ă&#x2026; ¢¨¸]¸½á¸¸

JANUARY 2017

1

3

2

Shri Indrajeet Choudhary Rajnandgaon Branch Raipur Zone

Shri Jilakara Venugopal Shri Ajit Kumar Das

Bukkapuram Branch Andhra Pradesh Zone

0XPEDL 15, %UDQFK 0XPEDL 6RXWK =RQH

FEBRUARY 2017

1

3

f~Â&#x161;Â&#x2021;Â&#x161;Â&#x2C6;Â&#x2020;|Â&#x161;Â&#x192;Â&#x161;Â&#x161;ÂĄ

2

Shri Saket Kumar Palanpur Branch Gandhinagar Zone

Shri Manish Kumar Shri Vitthal Onkar Chavan

5%& Kolkata Zone

&3& 9LWH Kolhapur Zone

MARCH 2017

1

3

Shri Vivek Shende

Ms Sonia Jeowani

Kadegaon Branch Kolhapur Zone

Gandhi Market Branch 0XPEDL 6RXWK =RQH

Shri Rishikant Dubey RLVN 0DQDJHPHQW 'HSDUWPHQW

APRIL 2017

1

fÂ&#x160;Â&#x161;ÂŚÂ&#x2039;Â&#x161;Ă&#x153; Â&#x17D;Â&#x161;Â&#x153;~Â&#x161;Â&#x153;Â&#x2019;Â&#x161;Ă&#x153;

Â&#x2039;Ă&#x203A; }Â&#x201A;Â&#x2122;Â&#x2122;Â&#x201E;Â&#x17E; Â&#x2020;Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; Â&#x192;Â&#x2030;Â&#x2122;|Â&#x2122;Â&#x2122;Â&#x17E;zÂ&#x2122; zÂŞĂ&#x2DC;Â&#x2122;Â&#x201E;Ă&#x203A; Â?Â&#x2122;Ă&#x203A;Ă&#x17D;Â&#x2122;Â&#x17E;Â&#x201E; ĂŁÂ&#x2122;Â&#x2122;Â&#x17E;}Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; Ë&#x2020;Ă&#x2026;¸¿¥¸ Ĺ&#x201C;¸â&#x201E;˘Ë&#x2020;Ă&#x2026; Â&#x201E;Â&#x2122;Â&#x152;tĂ?Ă&#x203A;Â&#x201A;Â&#x2122; }Â&#x2122;Â&#x2122;Â&#x2030;Â&#x2122;Â&#x201E; Â&#x192;Â&#x2020;Â&#x2122;Ă&#x153;ÂŚÂ&#x192;t lÂ&#x2122; oÂ&#x2122;Â&#x;Â&#x2021;Â&#x20AC;}Â&#x2122;Â&#x201A;Â&#x2122;|Â&#x2122;Â&#x192;Â&#x160;Â&#x2122;}Â&#x2122; e zÂ&#x2122;Â&#x;Â&#x201E;

3

2

Ms Aruna Agnihotri

Shri Pritesh Salunke

Churchgate Branch 0XPEDL 6RXWK =RQH

Sakri Branch Pune Zone

Shri Shubham Sinha 'XEDJJD %UDQFK Lucknow Zone

Â?Â&#x2122;ĂŁÂ&#x2122;Ă&#x203A; Â&#x192;Â&#x2030;Â&#x2122;@Â&#x2122;Â&#x17E;Ă&#x2DC;Â&#x2122;Â&#x2122;dÂ&#x2122;ÂŤ jÂŚÂ&#x2122;Â&#x17E; Â&#x2026;Â&#x2122;Ă&#x203A;dÂ&#x2122;Â&#x17E;dÂ&#x2122;eÂĽ }Â&#x2122;Â&#x192;Â&#x201E;Â&#x2030;Â&#x2122;Â&#x2122;Â&#x201E; jÂŚĂ&#x203A; dÂ&#x2122;Â&#x17E;Â&#x201E; Â?Â&#x2122;Â&#x17E; Ă&#x17D;Â&#x2122;Â&#x192;zÂĽjÂŚ Â&#x2026;Â&#x2122;{Â&#x2122;Â&#x2122;eÂĽ leejebieCe

Â&#x152;Ă&#x153; Â&#x2026;Â&#x201E;Â&#x160;Â&#x161;}ÂŻ Â&#x201E;Â&#x17D;Â&#x161;ÂĄĂ? dÂ&#x2122;lÂ&#x2122;Â&#x201E;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; Â&#x2030;Â&#x2122;Â&#x152;Â&#x2122;ÂĽ Â&#x20AC;Â&#x2122;ÂŤ qÂ&#x2122;Â&#x20AC;Â&#x2122;Â&#x2122;Â&#x201E;Â&#x2122;Â&#x192;Â&#x160;Â&#x2122; Â?Â&#x2122; l°Ă&#x17D;Â&#x2013;Â&#x2122; iÂ&#x2030;Â&#x2122; hÂ&#x2013;Â&#x2122; Â&#x2030;Â&#x2122;Â?Â&#x2122;Â&#x153;Â&#x2020;Â&#x2122;Ă&#x203A; Â&#x20AC;Â&#x2122;ÂŤ fĂ&#x2DC;jÂ?ÂŚÂ&#x152;t jÂŚÂ&#x2122;Â&#x201A;Â&#x2122;ÂĽ

2

+HDG 2IĂ&#x20AC;FH

66

ĂŁÂ&#x2122;Â&#x2122;Â&#x17E;}Â&#x2122;Â&#x2122;Â&#x2020;Â&#x2122; d oÂ&#x2122;Â&#x2020;Â&#x2122; jÂŚĂ&#x203A; tĂ&#x203A; tĂ&#x203A; |Â&#x2122;lÂ&#x2122;Â&#x201E; Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; Â&#x20AC;Â&#x2122;ÂŤ Â&#x192;z|Â&#x2122;Â&#x2122; jÂŚ jÂŚĂ&#x203A; Â?Â&#x2122;Â&#x203A;Â&#x2026;Â&#x2122;Ă&#x17D; Â&#x192;Â&#x2026;Â&#x2122;qÂ&#x2122;Â&#x2020;Â&#x2122;Ă&#x203A; jÂ&#x17E;ÂŚ Â&#x2026;Â&#x2122;Â&#x2122;Â&#x17E;v ÂĽ }Â&#x2122;Â&#x201E; Â&#x160;Â&#x2122;Â&#x2122;¢tÂĽ Â?Â&#x2122;Â&#x192;jÂĽÂŚt jÂ&#x17E;ÂŚ jÂŚÂ&#x2122;Â&#x201E;Â&#x2013;Â&#x2122; dÂ&#x2122;lÂ&#x2122; Â&#x2020;Â&#x2122;lÂ&#x2122; lÂ&#x2122;eÂĽ yÂ&#x2122;Ă&#x203A; Â&#x2020;Â&#x2122;Â&#x17E;Â&#x192;jÂŚ|Â&#x2122; Â&#x160;Â&#x2122;Â&#x2122;kÂ&#x2122;Â&#x2122; jÂ&#x17E;ÂŚ zÂŞĂ&#x2DC;Â&#x2122;Â&#x201E;Ă&#x203A; Â&#x2039;Ă&#x203A; Â?Â&#x2122; zĂ&#x203A;}Â&#x2122; Â&#x192;Ă&#x2DC;Â&#x2122;Â&#x2030;Â&#x2122;Â&#x2122;Â&#x201E;Ă&#x203A; |Â&#x2122;Â&#x17E; Ă&#x2DC;Â&#x2122;Ă&#x2DC;}Â&#x2122;Â&#x201E;Ă&#x2DC;Â&#x2122;Â&#x2122; Â&#x192;zkÂ&#x2122;Â&#x2122;Ă&#x2DC;Â&#x2122;Â&#x17E; Ă&#x17D;Â&#x203A;i Â&#x192;Â&#x2026;Â&#x2122;|Â&#x2122;Â&#x2122; vÂ&#x201E;Â&#x17E; Â&#x20AC;Â&#x2122;Â&#x17E;|Â&#x2122; Â&#x2021;Â?Â&#x2030;Â&#x2122;oÂ&#x2122; Â&#x2026;Â&#x2122; z jÂŚÂ&#x201E; Â?Â&#x2122; ãÂ&#x2122;Â&#x2122;Â&#x192;Â&#x2030;Â&#x2122;Ă&#x2DC;Â&#x2122; ĂŁÂ&#x2122;Ă&#x203A;Â&#x152;Â&#x2122;Â&#x2013;Â&#x2122; zÂ&#x203A;mÂ&#x2122;ÂĽt|Â&#x2122;Â&#x2122; Ă&#x17D;Â&#x2122;Â&#x17E;|Â&#x2122;Â&#x17E; Â?Â&#x2122;Â&#x17E; Â&#x201E;Â&#x2122;Â&#x17E;jÂŚ zĂ&#x203A;x Â&#x2039;Ă&#x203A; Â&#x192;Ă&#x2DC;Â&#x2122;Â&#x2030;Â&#x2122;Â&#x2122;Â&#x201E;Ă&#x203A; jÂŚÂ&#x2122; Â&#x201A;Â&#x2122;Ă&#x17D; Â?Â&#x2122;Â&#x2122;Ă&#x17D;Â&#x192;Â?Â&#x2122;jÂŚ jÂŚÂ&#x2122;Â&#x201A;Â&#x2122;ÂĽ }°Â&#x160;Â&#x2122; Â?Â&#x2122;|Â&#x2122;Ă&#x203A;Â&#x201A;Â&#x2122; Ă&#x17D;Â&#x;x

petve, 2017

Mrs. Anupama Arun Kedar 0XPEDL 6HUYLFH %UDQFK 0XPEDL 6RXWK =RQH 1st Position in 53rd Senior 0DKDUDVKWUD 6WDWH ,QWHU 'LVWULFW Carrom Championship 2017-18 KHOG DW .XGDO 0DKDUDVKWUD

. . . ÿ í ½ ¸ ÷ í Å ˆ ¸ ‚¸œ .

You said it..

Î Û l Î} j¦ CØ l

o ¥ j ¦ k } u j ¦ o j¦Ø Ø « « j¦ z k j¦ i }°Ø ÛØ Î Î Î j¦ Î àj¦ d q q } y Ø l ^ Î Î q z ÎÛ e } y Ø « { d il d z z « ܦ Î àj¦ j¦Û o j¦ ij¦ | ¦} j¦ | d il Ûx e j ¦ d j¦ « Û Ø q l }Ø Î }° { j¦ }°{ | j¦ ¥ j¦ k C*,9( <285 %(67 72 %$1. 2) ,1',$ Î Ø doâ l x d } j¦Û Î| Ø Ø l j ¦ z| }° Ø z| | k Ø l « | ^ d Ø Û Î x à q ã Û àj¦ j¦ Ø l j ¦ { } j ¦Ø Î Ø Î i z k Ø Î £ r d} }° || Ø Î Ø Û Î x Ø l j ¦ k } u « à j ¦l j¦Û } y Ø j¦ j¦ Ø j¦ zk | j ¦ i d } j¦ { zx ‚£¢¨¸›™ ˆºÅŸ¸¸£ d o j¦ }° { j¦ z Î z | d o

d } j ¦ àj¦ ¸ }°j¦ Ø l Î} j¦ CØ l j¦ | Û| Ø d j¦ o ¥ }° }Ø Î d x }° { | z j¦ i k j¦ ¥j¦ Û | z j¦ Î z | j ¦ ÎÛ j¦Î j¦ ã Û o | Ø « Î Ø q | | | } Î àj¦ j¦ j ¦ e¥ Û | « j¦ } | j¦ Ø Î i fØj ¦ t l° Îj¦ j ¦ y y Ø¥ j ¦ t d Ø l Ï h }°z | j¦ | Î «l x } zj¦Û « d } j¦ j¦Î| ÎÛ Î j¦ | Ø Ø ÎÛ d « j¦ u| d « } } q j¦Ø Î x } j¦ j¦Û } u qq z k Ø ÎÛ | Ø Û Î o Î } u j¦ | } } Û l j¦Û k t Πܦ d Ø | |Ø j¦Û } y j¦ v l x } j¦ j ¦ k Cj ¦ }| C vj ¦t v | i «q àt C j¦ à j ¦l }

d d| k ã Û ¦ o j¦ j ¦ y q | j¦ Û} j¦ ã Û Îàx e z }°j¦ | j ¦ i foo { j¦ Ûl d } Ø y } zj¦ v j ¦ ã Û z { e¥ j ¦ } Îàx d Î ã « ã Û } j¦ e Û }°j¦ ã q Ø Î«l x q ¡{ ¡Ï Ü Î j¦ Î }° { j¦ q ã

} q i v { àj¦ | e¥ z Û

d } j ¦ àj¦ ¸ }°j¦ Ø l Î} j¦ CØ l j¦ | Û| Ø d j¦ o ¥ }° }Ø Î d x } j¦ j¦ j¦Ø dØ Ø d j¦ ¥j¦ Î x } j¦ « ܦ t l° ܦ d z j ¦ { } j¦ o | d « j¦ j¦ l l « l ã | Û j¦Î Ø It was great to receive the o Ø y ¥ j¦ zÛ Î x Î z k j¦ }° || Ø Î e ¥ j¦ e } j¦ j ¦ { March 2017 issue of “Taarangan”, packed with interesting and informative contents j¦ ¥j¦ « j ¦ y y f| j ¦ } j ¦ z « j¦ ã Û o | Ø j¦ on a wide range of issues. Perspectives from the Hon’ble d ã §Ø j ¦ i ij¦ o }°z | j¦ l Î x e j ¦ y ÎÛ j¦ ¥j¦ « MD & CEO on the emerging banking scenario vis-à-vis the d f| j ¦ } j ¦ z « j¦ }° }Ø f} { « j¦ ã Û } j¦ « y | challenges that are confronted with by the banks & the need to stay increasingly focused on customer centricity should guide one with greater z | j ¦ i { z Î x r } ¥ Ç Î j¦ Ø l } j¦ fÏ Ï clarity in thoughts & perceptions on the path to be pursued for progression fØj ¦ tØ j¦Û | e¥ go e¥ j¦ }° }Ø j¦ l Ûx } j¦ j ¦ }°j¦ | j ¦ ZLWK D GHÀQLWH SXUSRVH 7KH HGLWRULDO FRPPHQWV UHÁHFWLQJ WKH SULVWLQH JORU\ RI ´7DDUDQJDQµ DQG WKH FRYHWHG DZDUGV WKDW LW KDV EDJJHG QRZ FDUU\ WKH VWDPS RI DQ i d } j¦ d } j¦ }°j¦ | · } Û tÛ j¦ Û d absolute class. Î z¥j¦ { e¥x While scanning my book shelves that was long overdue, the other day, it was a pleasant v £ q Ü ¡Ï VXUSULVH WR ÀQG RQH VDYLQJV EDQN SDVV ERRN QHDWO\ ZUDSSHG XS LQ D SODVWLF FRYHU containing the four digit account number and in the joint names of my late father and }° k q ã i| io } Û Û PRWKHU DQG RSHQHG ZLWK 7KH %DQN RI ,QGLD /WG 'KDUDPSHWK 1DJSXU EUDQFK ZD\ EDFN ܦ Ûz z on 23/11/1966 during the pre-nationalization days. I vividly recollect accompanying my father then to this branch when it used to function in two shifts. I followed his footsteps WR KDYH RQH VXFK DFFRXQW RSHQHG LQ P\ QDPH DOVR VXEVHTXHQWO\ DW \RXU 3UDWDS 1DJDU 1DJSXU EUDQFK GXULQJ WKH HDUO\ HLJKWLHV $V D EDQNHU P\VHOI EHOLHYH PH LW ZDV D fantastic experience to put myself in the place of a customer and approaching the bank. If I am not wrong, from a bank then carrying the slogans “Where VHUYLFH PDNHV WKH GLIIHUHQFHµ ´<RX KDYH D IXWXUH LQ WKLV VWDUµ ´7KH EDQN WKDW FDUHVµ DQG QRZ WR ´5HODWLRQVKLS EH\RQG EDQNLQJµ WKH EDQN KDV consistently evolved well, over period, to acquire a status of a premier bank. CONGRATULATIONS to the editorial WHDP RI ´7DDUDQJDQµ IRU D IDEXORXV LVVXH RQFH DJDLQ Srinivasan Umashankar %DQN RI 0DKDUDVKWUD