Hello everyone,

I am doing my project on "Understanding International Trade Financing in Indian Bank". Right now I am trying to understand the functioning of the foreign Exchange Department as a whole. I do this by assisting people in their work, completing transactional part of their jobs. The staff here is very limited so cannot give much time in explaining things, however things keep becoming clear as and when I complete various section of jobs.

Have been working on project proposal too.....wish to finish it ASAP.

Kriti

Hello Frnds,
I hope all ppl must have a gud time in their SIP...Frnds as i told u earlier that i m working on Credit appraisal, so I just wanted to share some new concepts which i learnt in last few days.
Minority interest - It refers to the portion of a subsidiary corporation's stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is always less than 50% of outstanding shares.It is found on the balance sheet under Liabilities. Minority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company to reflect the claim on assets belonging to other, non-controlling shareholders. Also, minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Well i keep u updating abt the other learnings

INTRODUCTION

Hello friends ,this is MANSI KAPOOR.i have done my B.com (h) from Lakshmibai college,Delhi University.I am doing my summer training at CHOLAMANDLAM DBS - commercial vehicle finance.my area of work is basically related to credit but for that i need to have some knowledge about the product also.and i am learning a lot of things daily in my org.The work environment is very good.all the people from the top heads to the sales executives are very helpful and cooperative..I have learn t many concepts during my B.com and MBA sem I and II..And now its very interesting to apply them in actual corporate life.
keep in touch
take care
mansi kapoor

Hey guys

I am Meenakshi Aggarwal from Delhi. I am an English (Honors) graduate from JDM, DU. I am doing my SIP from Cholamandalam DBS Finance Ltd., Pusa Road, Delhi. Working in an NBFC is really a great experience and it has a lot to teach too. I am really enjoing being in this company.

And I wish the same for everyone. All the best guys.

Meenakshi Aggarwal

introduction

hi all... shubhra this side... plz excuse d late entry but m a lil technically challenged to get d hang of this thing :)
ayways starting of wid my intro... m an economics graduate from Delhi University n m interning with Duetsche Postbank Home Finance Ltd in Gurgaon.. I plan to major in HR and have taken up marketing as my minor...
My project here is on job description and compensation management.... in d last few weeks I got to know about my organization, the hierarchy, the internal structure etc... the people in my office are busy all the time yet they still find time to intereact wid each other whenever they can which is just amazing.. the work culture there is really nice... n this being my first experience in the corporate as m a fresher has been an eye opener even though a lot of rules dont apply to me as an intern...i have learnt a lot in these past few weeks, things which r not taught in b-schools... patience is definitely an acquired quality!!! as far as my project is concerned I was supposed to make a job description format and a questionnaire for d same which m glad has been finalized! now d next step for me is to start interviewing d people working here... let's see what happens :)
all the best to all... :)

Hello Frnds,
Finally after going through many topics, I decided to work on Credit Appraisal...this area seems to be interested to work on and I m learning new concepts and can also utilize my previous knowledge of finance(FM-1 & FM-2).Initially i have to do balance sheet analysis of the borrowing company and the many more analysis has to be done before financing the project.It provides me practical exposure and also a gud feel as there is a vast scope of value addition and learning in terms of knowledge.

About Myself.......

Hello Everybody,
I m Asha Goel.Done B.E in Electronics and a fresher.I want to pursue MBA in Finance and Banking.Currently i m doing my internship in Canara Bank(Prime Corporate Branch-1),Nehru Place,Delhi.Initially few days i invest in understanding the basic banking operations. I have gone through various project reports that has been already done, just to have a glance how the things actually proceed.I have been reading on mainly two areas Project appraisal and Credit appraisal, so that i can finalise project on which i will work in my SIP.Initially i was confused about project appraisal and credit appraisal.But now after getting through reports i am very clear about these two areas.

The SIP Journey..............

INTRODUCTION
NAME:Shelly Nayyar
EDUCATION: B.A (Hons) Economics, Delhi University
SIP ORGANISATION: Eastwind Capital Advisors Pvt. Ltd.
DEPARTMENT: Equity Research

(February 22nd-26th)

The week commenced on a slow note with the agenda of learning about option valuation through Binomial Tree. It took a lot of time to understand the concept though Shailendra Sir, the CEO, helped me to clarify my doubts.

After going through Black Scholes method of pricing option and delta hedging, I was told to model and master option strategies on excel. With simple excel formulas, I was able to create option strategies like straddle, strangle, condor, protective call and bullspread on excel. The concepts are interesting however one needs to be very fast in creating payoffs so as to capitalize on the underlying opportunity.

The last day of the week was the Budget day and everyone around was discussing the impact on the economy, industry and different companies. If anyone of you is learning derivatives, please discuss so that we can be more confident with the subject. I would like to conclude this write by quoting my company guide, CA Vineeta Jain ‘GO SLOW BUT GO FIRM’

All The Best