HAPPY DIWALI

Dear all, Wish u and your family a very happy diwali & prosperous new year. 

May God fulfill all your wishes in wealth, health & happiness in your life.

List of Banks in India - 2012

Directory of  Public Sector / Private Sector / Foreign Banks

 List of Indian Public Sector Banks :- (Click to visit the website of the Bank)

1) Allahabad Bank
2) Andhra Bank
3) Bank of Baroda

4) Bank of India
5) Bank of Maharashtra
6) Canara Bank

7) Central Bank of India

8) Corporation Bank
9) Dena Bank
 

10) Indian Bank
11) Indian Overseas Bank

12) Oriental Bank of Commerce
13) Punjab & Sind Bank
14) Punjab National Bank

15) Syndicate Bank
16) UCO Bank

17) Union Bank of India
18) United Bank Of India (UBI)
19) Vijaya Bank

Other Public Sector Bank:

20) IDBI Bank Limited (It is a new generation bank with majority government holding)

State Bank Group Banks:-

1) State Bank of India2) State Bank Of Bikaner & Jaipur

3) State Bank of Hyderabad
4) State Bank of Mysore

5) State Bank of Patiala
6) State Bank of Travancore
 

Earlier State Bank Group Banks since merged with SBI)

State Bank of Indore (since merged with SBI)
State Bank of Saurashtra (since merged with SBI)

List of Old Private Sector Banks in India

1)	Catholic Syrian Bank
2)	City Union Bank
3	Dhanalakshmi Bank
4)	The Federal Bank
5)	ING Vysya Bank Ltd
6)	Jammu & Kashmir Bank
7)	Karnataka Bank
8)	Karur Vysya Bank
9)	Lakshmi Vilas Bank
10)	The Ratnakar Bank
11)	Nanital Bank
12)	SBI Commercial & International Bank
13)	South India Bank
14)	Tamilnadu Mercantile Bank
15)	United Western Bank

List of Old Private Sector Banks Since Merged :-
The  Nedungadi Bank  (merged with PNB)
The Bank Of Rajasthan (merged with ICICI in 2010)
Bharat Overseas Bank (Merged with Indian Overseas Bank)
Lord Krishna Bank (Merged with Centurion Bank of Punjab, which was merged with HDFC Bank) The Sangli Bank (merged with ICICI Bank in 2006)
The Ganesh Bank of Kurundwad (merged with Federal Bank)

List of New Private Sector Banks in India

 

1)	Axis Bank    (earlier it was UTI Bank)
2)	Development Credit Bank (DCB Bank)
3)	HDFC Bank
4)	ICICI Bank
5)	IndusInd Bank
6)	Kotak Mahindra Bank
7)	Yes Bank

List of New Private Sector Banks Since Merged with other banks

	Global Trust Bank (merged with Oriental Bank of Commerce - 14th August 2004)
	Bank of Punjab (merged with Centurian Bank, which was later on merged with HDFC Bank)
	Centurion Bank (merged with HDFC Bank)

List of Foreign Banks operating in India

1)	ABN-AMRO Bank NV
2)	Abu Dhabi Commercial Bank
3)	Amercian Express Bank
4)	ANZ Grindlays Bank
5)	Arab Bangladesh Bank
6)	Bank International Bank
7)	Bank Muscat Saog
8)	Bank Of America NV
9)	Bank Of Bahrain & Kuwait BSC
10)	Bank Of Ceylon
11)	Bank Of Nova Scotia
12)	Bank Of Tokyo-Mitsubish
13)	Barclays Bank PLC
14)	BNP Paribas
15)	China Trust Commercial Bank
16)	Cho Hung Bank
17)	Citi Bank
18)	Commerz Bank AG
19)	Credit Agricole Indosuez
20)	Credit Lyonnais
21)	Deutsche Bank AG
22)	Developmnt Bank Of Singapore
23)	Dresdner Bank AG
24)	HSBC
25)	ING Bank NV
26)	KBC Bank NV
27)	Krung Thai Bank Public Co
28)	Mashreq Bank
29)	Morgan Guanty Bank  (Link not available)
30)	Oman International Bank SAOG (link not available)
31)	Oversea-Chinese Banking Corporation
32)	The Sanwa Bank
33)	The Slam Commercial  Bank (link not available)
34)	Societe Generale
35)	Sonali Bank
36)	Standard Chartered Bank
37)	Standard Chartered  Grindlays Bank
38)	State Bank Of Mauritius
39)	The Sumitomo Bank
40)	The Chase Manhattan Bank
41)	The Fuji Bank
42)	The Sakura Bank
43)	The Toronto-Dominion Bank

T20 World Cup: Memorable comeback by Bhajji as India thrash England

Colombo: Off-spinner Harbhajan Singh made a memorable comeback as a India relied on a clinical all-round performance to thrash defending champions England by a whopping 90-run margin in their final group league match of the ICC World Twenty20 on Sunday.
Put into bat, India posted a challenging 170 for four, riding on a superb unbeaten 55 from under-fire Rohit Sharma and useful contributions from Gautam Gambhir (45) and Virat Kohli (40).
The two comeback men -- Harbhajan and Piyush Chawla -- then spun a web around the England batsmen to bowl them out for a paltry 80 in 14.4 overs as they accounted six wickets for 25 runs in the eight overs between them.
Harbhajan had splendid figures of 4/12 with two wicket-maiden overs as England batsmen were totally clueless against the duo.
This was India's biggest victory margin in terms of runs in any Twenty20 Internationals.
Playing his first international match in more than a year, Harbhajan got the ball to turn appreciably and also found the zip of the pitch. The off-breaks were turning viciously and the straighter one was equally lethal.
He bowled Eoin Morgan with a superb arm-ball and then got Tim Bresnan to sweep against the turn. Jose Butler got a classical off-break from the feisty off-spinner while Graeme Swann had no clue about the straighter one.
Chawla, who had figures of 2/13, got rid of Jonathan Bairstow with a superb googly while Craig Keiswetter who was top scorer with 35 could not read his leg-break.
Earlier, Rohit finally came good in an international match as he planned his innings to perfection, hitting an unbeaten 55 off 33 balls with five fours and a slashed six off Jade Dernbach.
An upper-cut off England captain Stuart Broad was also a treat to watch as the Mumbai youngster finally repaid the faith shown by his skipper

Forbes ranks the 400 wealthiest people in the U.S.

The top 10 people on this year's Forbes 400 list are:

• Bill Gates, $66 billion

• Warren Buffett, $46 billion

• Larry Ellison, $41 billion

• Charles Koch, $31 billion

• David Koch, $31 billion

• Christy Walton & family, $27.9 billion

• Jim Walton, $26.8 billion

• Alice Walton, $26.3 billion

• S. Robson Walton, $26.1 billion

• Michael Bloomberg, $25 billion
  
  Pictures: World's wealthiest people

The Dirty Secrets of Swiss Banking

The secrecy dam of Swiss banking is finally breaking.

As part of a $780 million settlement with the U.S. Internal Revenue Service, Switzerland's largest bank, UBS, is going to release the names of Americans who hold secret bank accounts. It isn't known how many names are being released but the IRS wants about 19,000 of them.

"The Swiss are saying that this is the end of Swiss banking as they knew it," Jack Blum, an offshore tax specialist, told The New York Times.

To be sure, the Swiss are known for their sophisticated and fastidious banking so trustworthy and discreet that it is respected the world over. But let's face it, their famous confidentiality has led to some fairly dirty stuff.

Swiss banking is built on two majors, UBS and Credit Suisse, plus about 400 smaller banks that can handle just a few well-heeled clients. The system is quirky because there are no government guarantees, in part to keep matters secret. The tradition of banking competence dates back to the revocation of the 1685 Edict of Nantes which was a major step in the history of bank de-regulation.

Secrecy dates to the Swiss Banking Act of 1934 which was prompted by a French scandal in which prominent Frenchmen were accused of hiding their money in private Swiss accounts. The list included the Peugeots of automobile fame and perfume mavenFrancoise Coty. About that time, Swiss accounts became popular with wealthy German Jews facing Nazi anti-Semitism and wanting to protect their money.

But the secrecy has led to some major controversies. Among them:

• American gangster Meyer Lansky, not wanting to get nailed on IRS charges like Al Capone, used Swiss accounts to hide his money in the 1930s.
• After World War II, members of the Nazi party used Swiss accounts for their funds as they fled war crime prosecution.
• The Vatican Bank, accused in class action lawsuit mishandling money in World War II, used Swiss accounts.
• Trying to return assets of Jews killed in the Holocaust, the World Jewish Congress, plus some American officials, ran into a stone wall of Swiss bank secrecy when they tried to sort things out and win some retribution for concentration camp survivors. Details are in the book "The Victim's Fortune, Inside the Epic Battle over Debts of the Holocaust" by Financial Times reporters John Authers and Richard Wolffe.
• The U.S. government believes that Swiss banks helped shield the money of Osama Bin Laden when they investigated his role in the Sept. 11, 2001 terrorist attacks that killed 3,000 Americans.

The turn of events is painful for UBS which has lost $50 billion due to the American mortgage meltdown and has received $60 billion in a bailout from the Swiss government. But it is about time the dam of secrecy is broken, especially since transparency is a key element in rescuing the global banking system.

The World's 50 Most Innovative Companies

1. 1

   Apple

   For walking the talk

2. 2

   Facebook

   For 800 million reasons to share

3. 3

   Google

   For expanding its hit lineup

4. 4

   Amazon

   For playing the long game

5. 5

   Square

   For making magic out of the mercantile

6. 6

   Twitter

   For amplifying the global dialogue

7. 7

   Occupy Movement

   For embodying all the traits that make a Fast Company

8. 8

   Tencent

   For fueling China’s Internet boom--and boldly moving West

9. 9

   Life Technologies

   For speeding up genetic sequencing

10. 10

    SolarCity

    For brightening up the sun-power business

11. 11

    HBO

    For being the only TV network to delight with digital

12. 12

    Southern New Hampshire University

    For relentlessly reinventing higher ed, online and off

13. 13

    Tesla Motors

    For boosting the art and technology of electric vehicles

14. 14

    Patagonia

    For selling more by encouraging customers to buy less

15. 15

    NFL

    For stoking insatiable, year-round demand for professional football

16. 16

    National Marrow Donor Program

    For matching technology with critical transplant needs

17. 17

    Greenbox

    For inventing the next-generation Chinese fashion brand

18. 18

    Jawbone

    For rocking the mobile lifestyle

19. 19

    Airbnb

    For turning spare rooms into the world’s hottest hotel chain

20. 20

    72andSunny

    For winning at the intersection of Hollywood and Madison Avenue

21. 21

    Siemens AG

    For its R&D ambitions in energy, transportation, and health care

22. 22

    Dropbox

    For transforming file storage into a very big business

23. 23

    Kiva Systems

    For turning squat robots into e-commerce giants

24. 24

    Starbucks

    For infusing a steady stream of new ideas to revive its business

25. 25

    Genentech

    For making targeted, genetics-based cancer therapies

26. 26

    LegalZoom

    For bringing tech and accessibility to the hidebound legal industry

27. 27

    Tapjoy

    For driving advertiser engagement in a million-app world

28. 28

    Polyvore

    For turning everyone into a fashion editor

29. 29

    Red Bull Media House

    For showing what it really means to transform yourself into a media brand

30. 30

    LinkedIn

    For making itself useful even when you're not job searching

31. 31

    Liquid Robotics

    For going deep in ocean monitoring

32. 32

    Gogo

    For delivering first-class entertainment to the coach-bound masses

33. 33

    Bug Agentes Biológicos

    For breeding a natural alternative to harmful agricultural pesticides

34. 34

    Chipotle

    For exploding all the rules of fast food

35. 35

    James Corner Field Operations

    For creating intimate green spaces out of industrial urban blight

36. 36

    Narayana Hrudayalaya Hospitals

    For bringing medical care to the masses

37. 37

    Recyclebank

    For making eco-friendly behavior a big game

38. 38

    UPS

    For solving its customers' number-one pet peeve

39. 39

    Networked Insights

    For using real-time social data to make better products and advertising

40. 40

    Chobani

    For becoming a dairy superstar

41. 41

    Kickstarter

    For connecting creatives with fans to raise funds

42. 42

    SoundCloud

    For giving the Internet a voice

43. 43

    PayPal

    For recharging the sale

44. 44

    Berg

    For wildly imagining the marriage of the digital and physical worlds

45. 45

    Boo-box

    For pioneering social-media advertising in Latin America

46. 46

    Amyris

    For driving biofuels into the mainstream

47. 47

    Knewton

    For teaching education a thing or two

48. 48

    RedBus

    For taking the wheel of the $2.5 billion Indian bus-travel industry

49. 49

    OpenSky

    For creating a social, celebrity-powered shopping experience

50. 50

    Y Combinator

    For building the next great Silicon Valley mafia

COMPETITION

 

The competition will be conducted in English and opened for undergraduate students from all Asian countries and universities from other countries interested in taking part in the competition. Participants of the competition are teams consisting of two persons. Each team can only submit one essay to the Committee. The topic of the essay must be in accordance with one of the four subthemes that the Committee provides. 

1. Addressing Underdeveloped Infrastructure

Regional Infrastructure Development: Encouraging Intra-Regional Trade

Participants are challenged to create comprehensive solutions to help emerging economies developing their infrastructures, be it soft or hard infrastructure.

2. Addressing Shortfall of Technological Advantages in Emerging Markets

Technological Innovation: Maintaining Growth in the Fast-Changing World

Participants are challenged to devise a concrete, practical master plan that may generally apply to Asian countries in order to provide technological innovations that can induce production efficiency and the elaboration of the desired impacts of such technology to national productivity and economy as a whole.

3. Addressing Demographic Challenges in Asia

Managing Asia’s Human Resources: Harnessing Potentials of Asia’s Human Capital

Participants are challenged to design comprehensive public policies in managing population growth and human development that are able to sustain economic growth and increase demographic quality.

4. Addressing Diversity Challenges in Asia

Reinforcing Intra-Regional Investments through Regional Cooperation: Toward More Equitable Development

Participants are challenged to provide an analysis and a fresh idea of how the regional cooperation along with all its features may improve intra-regional investment between Asian countries and how does this intra-regional investment results in a more equitable development of Asian countries.

*For more details about the subthemes, You can download the Executive Summary in the Tab Download or simply you can just click here