A Day in the life of Varsha

              "Self grooming is no longer a fancy pursuit of the vain".A beautician seems to be a necessity for a urban life.We met with Varsha on a gloomy monday evening at the Femina beauty saloon.She works as a hair style trainee.Currently she helps the hair style and make-up experts in the saloon.Ms.Varsha hails from coimbatore.This 39 year old lady narrated about her life after marriage,ambition and childhood dreams to us.
              Asked about her childhood dreams,Varsha in her adorable coimbatore accent said that she wanted to become a police officer.But due to certain financial constraints in her family she could not become one.She completed her plus two and then got married.As a home maker,she managed the house hold.But then her husband's income was not sufficient to meet the family requirements and hence she finally stepped out to support her family.
              And things have looked upward since then.Varsha began her career working as a help assistant in beauty parlours.She has to mortgage her jewels to finish a diploma course in hair styling."Confidence is the prime factor that makes me move forward" is what she quotes.She takes pride in stating that she has not borrowed a single penny from her kith and kin.
             This lady strongly believes that time management is a prime element which helps her to manage a hectic day schedule.She returns from work only around 8:30 pm and helps her children in academics.The happiest moments in her life were when her children stood outstanding in academics and brought laurels.
              At the workplace,she is friendly with customers.She delivers an effective multi-tasking by assisting many experts at the same time.She is so keen in gaining knowledge about various hair styling techniques.
             We were able to realize that Varsha is a supporting wife,a sincere worker at workplace and above all a caring mom.Though this woman faced hardships in life she keeps moving on.
              Her story is an inspiration for each and every woman...

Why pgdm???

Being an engineering graduate, I have acquired a concrete knowledge about the technical aspects. But I do believe that one can manage an organization more efficiently if he/she is well equipped with managerial skills.A blend of the managerial and technical skills helps a person reach greater heights.I preferred pgdm to mba because pgdm is more of practical exposure and helps us to enhance our soft skills. We do have a contemporary curriculum and a flexible course structure which helps us to understand the core concepts in a much better way.This course gives an appropriate knowledge about the corporate environment and it’s working culture. There are various case studies, current situations and real time analyses. The pgdm graduates also get good placement offers as they are well trained to face crucial real time situations.Hence I do think I have taken a crystal clear decision of choosing pgdm which will chisel my personality and career.

Business letter(accepting job)

Why PGDM????

When an Institute secures autonomy they design their own curriculum to be taught instead of following outdated University syllabus. The reason why I chose to do PGDM is because the curriculum can be updated regularly depending on the need in Industry. Hence one can say that PGDM courses are more Industry relevant as compared to MBA courses. PGDM has a focus on building soft skills and is industry-oriented. It prepares you for the job market. PGDM graduates get superior management education and enviable placement offers from global companies autonomous institute does not have to follow university standards , it is free to change its curriculum according to industry standards and change in business environment. PGDM will prepare graduates for senior level positions in industry and paves the way for a strong corporate career. Hence, I was looking for a career in the challenging area of management so decided to pursue PGDM.

    Apology letter to customer 

Chennai
29.09.2012

                                                                                                                                                                                    

From:                                                                                                                              

          Zipzag Company ltd                                                                                                                                                    

          No:13, Rainbow colony

          Anna Nagar, Chennai-600095

To:

      Lipton company ltd

      No: 26/18 Akashya street,

      Shenoy nagar, Coimbatore-645126

Sub: apology regarding damaged goods

Respected Sir,

                         It was distressing that the product which we delivered you on November 20^th   is in unacceptable condition. As per your request we will send you fresh piece of product. Please return the damaged goods at the time of delivery. We will look into this matter and take all steps to see that this incident will not recur in the future.

I am sorry that this unfortunate incident occurred and sincerely appreciates your continued patronage.

                                                               Thanking You,

Yours faithfully

Swapna Jothi                                  

 Letter to bank manager regarding property loan 

Chennai 
29.09.2012

                                                                                                                                                                                        

From:                                                                                                                      

           V.K.Swapna Jothi                                                                                                                 

           3/16 a Appar Street  Karthikeyan Nagar,

            Maduravoyal, Chennai-600095

To:

       The Manager

       IOB Bank  

      No:21, Perumal Kovil Street,

      Arumbakkam, Chennai-600106

Sub: Request for Loan

Respected Sir,

                         I have savings account in your bank for the past 6 years.  My A/c no: j3972165. My salary is credited into my account at your bank every month end and I don’t have any overdraft against my account. I always maintained good balance in my savings account.

As such, I am requesting a loan of 10,00,000 lakhs  for my recent purchase of property. I have attached all the necessary document and forms as per your bank regulation. I would be glad, if u accept my request and provide loan. Your prompt approval response would be appreciated.

                                                  Thanking you,

Yours faithfully,

Swapna Jothi                                                                          

APOLOGY LETTER

October 1, 2012

Ms. Magna

Customer

Adayar, Chennai.

Subject : Apology letter for delivery of damaged consignment

Dear Ms. Magna,

I, Ms Prasitha on behalf of Olay, apologize to you for the shipment of defective goods. I apologize for any inconvenience that this may have caused your organization. In an effort to improve the overall quality of our products and the way that they are being shipped, we have switched to a new delivery company and new packaging. This effort should prevent damage to our products and will expedite orders.

We accept full responsibility for the mistake. We will replace your entire order and have it shipped by the end of this week. We hope that you will continue ordering products.If there is anything else that we can do to reduce your inconvenience, please feel free to contact us at 9487564990.

Yours in service,

Prasitha

REQUEST FOR A LOAN

October 1, 2012.

K.Prasitha Vairamani

6-A Old east Madurai Station Road,

Old Kuyavarpalayam,

Madurai- 625009

Bank Manager,

HDFC Bank,

Main Branch,

Madurai- 625009.

Sub: Loan Request for Rs 25 Lakhs

Dear Sir,

I am writing to request a personal loan of Rs. 25,00,000 for  purchasing a new property at Madurai.

I am working as a customer relationship manager at Olay since 1999. I have been a patron of HDFC Bank with a savings account for the past six years. There has never been any overdraft against my account.

As such, I have decided to purchase a property at Madurai worth Rs.30,00,000. As i have already have a savings of 5 lakhs, I request you for a loan of Rs.25 Lakhs.  I have attached the necessary loan documents and forms as per your bank regulations.

I have also included copies of bank statements. I will be very grateful if you could consider me for a loan of Rs. 25,00,000 over a period of ten years, with annual payments to be made the first day of January.

Please contact me if you need further information to assist you in making the approval to my request. Please feel free to contact me at my mobile number: 9487564990.I look forward to hearing from you soon.

Yours truly,

Prasitha Vairamani

Business letter

FUN AND FROLIC AT FUN REPUBLIC

          It was Saturday evening.We were strolling along the busy roads of Avinashi. It was then that we caught a glimpse of Fun Republic – a total entertainment destination to chill out. Located amidst a cluster of educational institutions,  this mall promises to offer a different shopping experience to the denizens.

        As we tried to sneak in, the guards at the gate showed the other way for the entrance.It was then, when we heard a gang of girls grumbling about the improper way to entrance. But as we stepped in, we were dumbstruck by looking at the infrastructure of the mall. It has a unique design with a large dome shaped structure which makes it stand distinct amongst the other malls in the city.There are a wide variety of shops.As per the affinity of teenagers and youth towards brands, this mall brings together some of the hottest names in the retail sector – Shopper’s Stop, Reliance group, a host of other retail brands and fast food giants like Mc Donalds’s.As we were glancing at the elegant showrooms, Malathi ,a 30 year old woman remarked that the mall has a great look.

                        

       As we were striding towards the escalator, we encountered a family which seemed to be trying it’s luck with the escalator.”The escalators are at standstill” is what they said.When asked about the mall, they told us that they are eagerly waiting for the gaming zone to get opened.The family did enjoy the pleasant ambience. One among those came with a suggestion that jute bag stalls could be put up in the central arena.

                        

       After having a hearty meal at Mc Donalds, our noses had a tingling when we sensed a rich chocolate aroma.As we rushed to check out the chocolate store, we met Mr. Sanjay who expressed his dissatisfaction with the parking lots. But he remarked that he really enjoyed relishing the different types of cuisines in the food court.A few of them felt that it would have been nice if there had been a couple of wash basins installed near the food court. Mr.Deepak told us that he found it easy to locate shops with the help of the electronic displays at each floor picturizing the map of the mall.

              

      The mall can also have some coffee shops in it’s lounge which would attract the youth.Though the mall has some flaws, it is undoubtedly a perfect place for shopping and entertainment.People irrespective of their age can have an enthralling experience.Fun republic is a mere place for fun and frolic and is a tough competitor for Brookefields.

                   

Beware of ATMs!!!!!!!Cash Retraction in Indian ATMs withdrawn.

 The Reserve Bank of India (RBI) has asked banks to disable their cash retraction facility at ATMs.
             Cash retraction is a facility availed in which when we use an ATM card to withdraw cash it takes a few  minutes for the cash to come out.This time window varies from bank to bank.If we don't collect the money the ATM swallows the cash and keeps it in a separate tray in the machine.The amount is re-credited to the account after a while.
              But from now on,if you fail to collect the cash,the ATM wont retract.Instead the money will remain at the mouth of the ATM machine.Hence if we forget to collect the cash,someone else can take it.HDFC and Axis banks have already posted these notices on their ATM screens and websites.The people should collect the cash as soon as it is dispensed.
 So, the next time you are at the ATM, be careful or you might  make the person standing behind you in the queue, richer.

Deciphering the banking sector

       “India cannot have a healthy economy without an effective and a sound  banking system.”

        India’s banking system has reached several outstanding achievements. I think the prime reason for the enormous growth of India is due to the location of banks in the remote corners of the country. The country’s banking system is very structured. The Reserve Bank of India stands first in the hierarchy. Being called as the “Banker’s bank” it is the central bank which formulates, implements and monitors India’s monetary policy. It has a majority stake in the State Bank of India.

        This blog focusses on the modern banking sector which has abundant facilities like e-banking, establishment of ATMs, introduction of credit and debit cards and much more. The facility of internet banking enables the person to access his account from any corner of the world. Hence the modern banking system has revolutionised the choices available with the customers. But the banking sector reforms are still not complete. A lot more is required to revamp the public sector banks. The option of allowing foreign direct investment beyond 50 % in the Indian banking sector has also been under consideration. Many industrial sectors are based on the banking system. The growth and the future prospects of the Banking industry will also be discussed in the upcoming posts.