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Volume - V | Issue : 8 | Price : ` 1/Postal Regn. No. : L II / RNP/HD/1145/2014-16, Dated 24.09.

2013 | Date of Publication : 7th August, 2015

RNI Regn. No. : AP ENG/2011/38018, Dated 24-06-2011
| Date of Posting : 13th August, 2015




Founded with Passion

Fuelled by Vision





My Dear Readers,
With this issue of HAMARA PRAYAS, we completed four years of
circulation. Very few things make me personally proud but this one
certainly does.
Most of our readers have celebrated us and some have given
certain suggestions. To sustain readership in a print medium while
the next generation preferred the digital medium threw several
challenges. Most of the entrepreneurs in this Banking Industry and
Cooperative Sector believe that magazine in print, as an exclusive
business, is more a sustainable proposition.
In spite of many vicissitudes, certain values were never compromised; HAMARA PRAYASs
commitment to inspire breakthroughs, pure growth oriented non-journalistic contents, the
highest quality standards in everything, growing readership, the tabloids culture of holistic
abundance, striving for enriching banking knowledge among employees, personality
development and human relations, scienti ic innovations, general awareness, fun corners
for easing the busy minds and still more now ever and always.
I thank the internal editorial team for being the connecting thread and causing the birth of
HAMARA PRAYAS month after month for the last 50 months.
This instils hope and optimism about the future to see what is right and good win. The
tabloid will continue to carry all of you in this path of breakthroughs..
Desiring further abundance,
Yours truly,


K. Kishore Kumar

Praveen Kumar

A. V. Rama Rao


Sri Anjani Kumar, IPS, Addl. Commissioner of Police, Law and Order, Hyderabad, Dr.
A.S. Ramasastry, Director, IDRBT, Hyderabad, Dr. Anirudh Kumar Purohit, Professor
and Head, Dept. of Neuro Surgery, NIMS, Hyderabad, Sri Ramesh Kumar Bung, Sri
Purshotamdas Mandhana, Sri Ramprakash Bhandari and Sri Umesh Chand Asawa
inaugurating Banks 37th Foundation day Celebrations. A mammoth gathering on
the occasion.



Our experiences
parent us. All of us
are bound by our
instincts, which
is to avoid pain
and embrace
pleasure. A man is
not dierent from
an animal in this
aspect. In fact, at the instinctive level, man is
an animal. However, man is a thinking
animal and a thinking animal is very
dangerous. So the wise men who walked
this planet before you and me, to ensure that
the man directs his thinking towards
creative endeavours and not towards
destruction, built a constitution of right and
wrong and expected man to abide by it,
which we call morality.
Cave man could make your treasure his by
physically overpowering you, just as animal
do, but in an evolved world it is considered
morally wrong. The man from the Stone Age
could overpower you, and your valuables
would become his treasure; in a civilised
world it is considered morally wrong.
However, the fact remains, even if man is
morally abiding he has not truly outgrown
his instincts. He is still drawn by the
pleasure of other peoples wealth and is still
a victim to the pleasure of temptation of
another mans property.
A part of every man is still an animal. There
is a constant war between the animal within
him and the man in him a war between
instincts and conscience. It is as simple as
this. Mans conscience tells him that exercise

is good for his well-being and encourages

him to take it up. Yet, the instinctive animal
within him tells him that exercising is
painful and asks him to avoid it. So, every
morning, there is war between his
conscience and his instincts. The irony is
that his instincts have been groomed by his
own experiences, whereas his conscience
has only been borrowed and inherited from
others. Any day, experiential knowledge
is more potent and hence more often
than not, the animal within triumphs
over the man. This split between instincts
(pain and pleasure) and his conscience
(right and wrong) is referred to as sin.
It is called a sin because a man with a split
can never be at peace with himself, and
no one can be at peace with a man who is
not at peace with himself. Evading tax may
be pleasure, but it is morally wrong. That is
why tax evasion robs you of your peace of
When your life is governed by pleasurable
rights and painful wrongs, when your
instincts are trained to be in harmony with
your conscience and your conscience is
evolved to guide your instincts, when your
life is one beyond splits, then you are living a
life of absolute morality.
With Foundation Day Greetings,

I am not what happened to me; I am what I

chose to become
Ramesh Kumar Bung.

Passion is energy. Feel the power that comes from focussing on what excites you Ramesh Kumar Bung.



Sri Ramesh Kumar Bung, Chairman addressing the shareholders at the 38th Annual
General Body Meeting held at FAPCCI, Hyderabad. Directors on the Board, MD & CEO
and shareholders are in the photograph.

Sri Ramesh Kumar Bung, lanked by the directors

and the Board and sta members hoisting the
National Flag on Independence day, on
15.08.2014 at Head Of ice.




"AVo {V>mm gd
Sage Patanjali (2-37)
To one established in
non-stealing, all wealth
If we want to become the
worlds richest people,
this is a very simple way.
There is no need to get
into stock market or even
to do a war. Just practise non-stealing. All of us are
thieves. Knowingly or unknowingly, we steal things
from nature. With every minute, with each breath, we
pick natures pocket. Whose air do we breathe? It is
natures. But that does not mean we should stop
breathing and die. Instead, we should receive each
breath with reverence and use it to serve others; then
we are not stealing. If we accept it and dont give
anything in return, we are thieves. We steal because of
greed. We want to do little and get a lot. Many people go
to the of ice and just sit around, use phone to make their
own appointments all day, and accept their pay at the
end of the month. Are not they stealing that money? Do
we not also steal other peoples ideas?
If we are completely free from stealing and greed,
contented with what we have, and if we keep serene
minds, all wealth comes to us. If we do not run after it,
before long, it runs after us. If nature knows we are not
greedy, she gains con idence in us, knowing we will
never hold her for ourselves. But, normally, when we
get something, we tend to lock it away and put the keys
in a safe place. We tend to imprison our possessions,
whether money, property or even people. The moment
we try to imprison money, it feels, what is this? I want
free movement. They have made me round so I could
roll. But here I am locked up. Oh, I have come to the
wrong person. The moment I get the chance, I will roll
away. Some stingy people never open their vaults. The
money just sits inside and prays, please somebody
release me. Inevitably the prayer is heard by a robber
who comes to its rescue.
Another way of stealing things is by not letting others
use them. Suppose we own a hundred acres of land,
most of which we dont use. If there are people who
want to buy ten acres and we dont let them, we are
stealing its usage. If someone has ifty garments in his
closet and his neighbour doesnt have even one, the irst

person is stealing the seconds usage. Because certain

people have the buying power to make a lot of
purchases, they raise prices for poor people who dont
have such money. If everyone merely bought for ones
own necessity, goods would be left over in stores and
prices would come down. The whole worlds economy
is based on this.
The land belongs to everybody. What is grown in
advanced countries can be irst given to their citizens
with the surplus divided among everyone else. If we
know how to care and share, no poverty or hunger
need exist anywhere. Is it more necessary to go on
to the moon than to take care of our neighbours? We
cannot negate scienti ic inventions and developments.
We can all ride to the moon, but only after everyone has
been well-fed, clothed and educated. A proverb says,
the stomach is crying for a piece of bread; the hair is
crying for a bunch of lowers. Which is more
important? The hair can live without a garland, but the
stomach cannot go without a loaf of bread. So, let us
satisfy the stomachs irst; and then, if we have money
left over, we can get a number of garlands.
With all our modern inventions, we are really living in a
horrible state. Our ancestors on horseback and carts
seemed much happier. They might have eaten crude
food, they might have gone without radios, television,
electronics and supersonic transport, but mentally
they were happier and healthier. It is high time to get rid
of this anxiety. How long can we live under such great
tension? By all this we can see richness has nothing to
do with monetary wealth. The richest person is the one
with a cool mind, free of tension and anxiety. Changing
all these world situations is not in our hands. But what
is in our hands is the ability to ind joy and peace right
here and now. We can be happy in situations of tension.
If we have decided to be happy, nobody can make us
unhappy. Nor should we worry about the past. It has
already gone. To be happy this minute is in our
We are not going to change the whole world, but we can
change ourselves and feel free as bird. We can be serene
even in the midst of calamities and by our serenity,
make other more tranquil. Serenity is contagious. If
we smile at someone, he will smile back. And a
smile costs nothing. But a carefree life is possible only
with a well-controlled mind, one that is free of anxiety,
one without personal desires or possessions.
With Independence Day Greetings,

The Best way to find yourselves is to lose yourself in the service of others Mahatma Gandhi.



CA Rajkumar S. Adukia from ICAI addressing the gathering in a meeting held at

HO. Sri Ramesh Kumar Bung honouring the guest.

Honble Justice B. Chandra Kumar, Justice-High Court of Judicature, Hyderabad

being honoured by Sri Ramesh Kumar Bung on the occasion of 92nd
International Cooperative Day celebrations held at the Bank.


My Dear Colleagues,
In spite of the canvass, despite the paints and irrespective
of the brushes used, the quality of a painting is the
responsibility of the painter. Similarly, the quality of a
sculpture is the responsibility of the sculptor. And the
quality of your career is YOUR responsibility. No blaming
is allowed.
One of the guiding principles of doing our duty that can make all the
dierence: I will assume unconditional responsibility.
I will assume: Dont wait for others to oer you responsibilities. Take the
initiative. Volunteer. Step forward. Put your hand up. Announce your
I will assume unconditional: What is not unconditional never gets done. Burn
the bridges. Conditions are required only to pass on the blame, in case of a
failure. Dont ever process failure as an option. Where conditions succeed,
responsibilities fail. Where responsibilities succeed, conditions are
redundant. Be unconditional.
I will assume unconditional responsibility: Stop viewing responsibilities as a
burden and start seeing them as opportunities. Only when you feel a complete
sense of responsibility for your profession, you can respond with ability. So
unconditionally put your hands up and be counted.
On the happy occasion of Banks 38th Foundation Day, let us rededicate
ourselves with a commitment to endeavour for strengthening our beloved
Cordially yours,

Success usually comes to those who are too

busy to be looking for it.

You grow up the day you have first real laugh at yourself Ramesh Kumar Bung.



Expert lecture being given by Prof. Jayaprakash B Somani, Advocate, High court,
Mumbai, at a workshop on Managerial Ef iciency and Time Management at Head
Of ice. Sri Ramesh Kumar Bung welcoming and felicitating the speaker.

Sri Ramesh Kumar Bung, paying obeisance to Lord Ganesh at our Begum Bazar
Branch. MD & CEO and Sta present on the occasion.

Hold the sanctity of your work very HIGH, and everything else will low into
- Ramesh Kumar Bung



of Chartered Accountants and Company Secretaries

Bank has arranged a mammoth meet of Chartered

Accountants and Company Secretaries on 4th July,
2015 at Hotel Ala-Liberty, Banjara Hills,
Hyderabad to have interaction with them and to
seek their valuable suggestions in the journey of
development of business in the bank. Sri
Purshotamdas Mandhana, Chairman, Sri Ramesh
Kumar Bung, Senior Vice Chairman, Directors on
the Board, Sri Umesh Chand Asawa, MD & CEO,
local branch managers have taken part in the
meeting. The special meet was attended by 66
professional Chartered Accountants and Company
Welcoming the guests, Sri Purshotamdas
Mandhana stated that the bank has been
bestowing its eorts on further improvement of its
functioning through the process of restructuring
and rejuvenation from time to time. In the
prevalent cut-throat competitive culture, the bank
had to focus on promoting professionalism by
s e e k i n g g u i d a n c e a n d a d v i c e f r o m t h e
professionals and experts in the ields of banking,
accounting and law. With the view of augmenting

inancial soundness and to meet certain de ined

objectives, bank has thought of seeking the
enormous ideas and expertise of professionals. Sri
Mandhana requested the professionals to interact
on the platform and to guide for further growth of
the bank.
In the beginning, Sri Umesh Chand Asawa briefed
about the introduction of innovative schemes and
varied products and services that are being
extended to the clientele on par with the new
generation banks in the inancial market. He said
that the bank has diversi ied lending to suit the
needs of all types of borrowers for various
purposes. In this connection, Bank opted to have a
dialogue with the professionals so as to build up a
healthy credit portfolio.
Later, the CA and CS professionals interacted with
Sri Asawa and made suggestions with regard to
competitive and regulated interest structure and
reasonable margins on advances.
The meet was concluded with vote of thanks
proposed by Sri V.S. Sarma, General Manager.

When a woman becomes her own best friend, life is easier Ramesh Kumar Bung.



Sri Ramesh Kumar Bung handing over the cheque of Rs. 5.00 Lakh to Sri N. Chandra
Babu Naidu, Honble Chief Minister, Andhra Pradesh towards CM Relief Fund
rendering help to the victims of HUDHUD cyclone aected people.

Milind Rajhans , Asst.

General Manager-IT & CISO
receiving ''INNOVATIVE CIO
AWARD 2015'' , one of the
biggest recognition in the IT
Industry felicitated at Holiday
Inn, Goa on 25th July 2015 by
Prof. K Subramanian,
Director of IGNOU, ACIIL, NIC
and Executive Advisor of
CAG India.


Newtons Gravitation Laws
Yes, many apples, especially many Indian apples
had fallen down before Sir Isaac Newton had
discovered Laws of Gravitation. Ancient Indian
A s t r o n o m i c a l t e x t s a r e r e p l e t e w i t h
Gravitational Laws. It is not fair to say that
Newton had discovered them irst without
giving due recognition to great Indian
Let us get into the facts

Surya Siddhanta, the classical Indian

Astronomical text says, Because of the
Dharanatmika Sakti, Earth is standing from
the space without falling away.

Madhye Samantandasya Bhoogolo Vyomni


Bibhranah Paramaam Saktim Brahmano

Dharanaatmikam (Surya Siddhanta-1232).

Varahamihira (6th Century AD) had said: It

is an experience of everyone that on any
part of the earth, that the lames of ire go up
and the objects that were thrown up fall

force, all objects fall on the earth. When

there is balance in attraction among planets
where would they fall?

Aakrista Saktischa Mahi Taya Yat Swastham

Guru Swabhimukham Swasaktya

Akristya Tatpatativa Bhaati Same Samantat

Kva Patatviyam Khe (Siddhanta Siromani-
Bhuvanakosa -6)

Brahma Gupta (7th Century AD), renowned

mathematician in his famous Text Brhama
Sphuta Siddhant, discloses like water
having natural downward low, Earth has
also similar attraction power, because of
which all objects get attracted towards it.

Gaganam Upaiti Sikhisikha Kshiptamapi

Kshitimupaiti Guru Kinchit|

Ya d v a d i h a M a n a v a n a m a s u r a n a m
Tadvedavajgaha (Pancha Siddhanta -13-4).

Bhaskaracharya (11th Century AD), the

famous India mathematician in his text
L e e l a v a t i e x p l a i n s , E a r t h h a s
Guruthvakarshana Sakti (Gravitational
Force). Due to mutual attraction between
the planets, they (planets) are able to hold
themselves irmly in space.

Jagadguru Adi Sankaracharya (8th Century

A D ) i n h i s c o m m e n t a r y o n P ra s n a
Upanishad (3rd Chaper-8th Sloka) had said,
As earth attracts the up going (thrown up)
objects, so do the ever elevating Prana Sakti
in the body is being pulled down by the
Apaana Sakti.

Many Indian texts had similar reference

about Gravitational Laws. All these facts
were revealed centuries before Newton.

In his other text, Siddhanta Siromani,

Bhaskaracharya reveals that, Earth
naturally attracts every object in the space
towards itself. Because of this attracting

Deputy General Manager

The question is not who is going to let me; it is who is going to stop me Ayn Rand.



Sri Ramesh Kumar Bung honouring Dr. Sangeeta Vyas, Asst. Professor, Hindi
department, Osmania University and A well-known writer Dr. Rajasri Duggal
during Hindi Week Celebrations held at the Bank.

Dr. Chandra Pal Singh Yadav, President, NCUI, New Delhi, Dr. N. Krishna Mohan,
Banking Ombudsman, RBI, Sri G. Raghu Raj, GM, IDRBT, Sri Pushpinder Singh, Head-
Coop. Banks & Govt. Initiatives, NPCI, Mumbai, Sri Ramesh Kumar Bung, Sri
Purshotamdas Mandhana Sri Umesh Chand Asawa launching the RuPay Debit Card
of the Bank at Hotel A-La Liberty, Banjara Hills, Hyderabad.


India is rapidly witnessing metro rail development
in several cities. The government is emphasizing on
building new smart cities and development of urban
infrastructure. The RBI on Monday unveiled rules
for issuing prepaid cards on mass transit systems in
cities. You can use these cards for your daily
commute through your citys metro, bus or other
transport. You can also use it merchant locations to
make payments.
Here are 5 things to know:
1. What is mass transit system: Mass transit
system is shared transportation that can carry a
large number of passengers from one place to
another. Rapid transit comprises of bus, metro,
mono rail and light rail.
2. What are prepaid instruments: Semi prepaid
instruments facilitate purchase of goods and
services against the value stored on such
instrument. The pre-paid instruments can be issued
as smart cards, magnetic stripe cards, internet
accounts, internet wallets, mobile accounts, mobile
wallets, paper vouchers and any such instrument
which can be used to access the pre-paid amount
(collectively called Prepaid Payment Instruments
3. Semi-closed system pre-paid payment
instruments: These can be used for purchase of
goods and services, including inancial services at a
group of clearly identi ied merchant locations/

establishments which have a speci ic contract with

the issuer to accept the payment instruments. These
instruments do not permit cash withdrawal or
redemption by the holder.
4. How they work: A new category of semi-closed
Prepaid Payment Instruments (PPI) is being
introduced. It would be issued by mass transit
operators and have an automated fare collection
system. Apart from the mass transit system, this
instrument can also be used at other merchants
whose activities are allied to or carried on within the
premises of the transit system. It would have a
minimum validity of six months from the date of
issue and maybe reloadable in nature and at no
point of time the outstanding balance can exceed Rs
2000. No cash-outs or refund will be permitted.
5. Less cash society: Mass transit is one such area,
where a large number of small value cash payments
take place. Considering the population density in
India, queues for ticketing are normal. The Reserve
Bank of India (RBI) placed on its website the inal
guidelines on Prepaid Payment Instruments for
Mass Transit System (PPI-MTS). Semi-closed
prepaid payment instruments for mass transit
systems will now be issued to enhance the
commuter convenience. It will also facilitate the
migration to electronic payments in line with the
countrys vision of moving to a less-cash society.

When A Person Is Born He Has Breath But No Name, When He Dies He Has Name But No Breath,
The Gap Between This Breath And Name Is Life
1. Before you Pray Believe 2. Before you Speak Listen
3. Before you Spend Earn

4. Before you Write Think

5. Before you Quit Try &

6. Before you Die Live !!!!

IT Dept
Never give up, because that is just the place and time that the tide will turn - Ramesh Kumar Bung.



Sri Ramesh Kumar Bung, Sri Purshotamdas Mandhana and other directors, MD
&CEO and other Sta performing and celebrating Bathukamma Pooja.

Sri Vikrant P Ponkshe , MD, the Cosmos Cooperative Bank, Pune launching Internet
Banking Facility at the Bank at HO. Sri Ramesh Kumar Bung, Sri Purshotamdas
Mandhana, Sri Umesh Chand Asawa and other executives of the Bank participating
in the occasion.
You can, you should, and you are brave enough to start, you will.



Most of our physical characteristics are inherited
through the genes we take from our parents; for
example, the shape of our nose, the colour of our skin
and eyes. We also inherit type of our haemoglobin (Hb)
from our parents through the genes. Haemoglobin is
the substance in the blood which gives it its red colour.
It carries the oxygen we breathe to all our body parts; it
is vital for maintaining life.
Thalassemia is an inherited blood disorder in which
the body is unable to make adequate haemoglobin.
Haemoglobin is present in the red cells and is made
from proteins. These proteins consist of Alpha (a) and
Beta (b) chains. Imbalances in these chains results in
reduced red cells survival. In Thalassemia, red cell
survival is reduced.
Thalassemia manifests in early infancy (6 to 18
months) with anaemia, poor growth, liver and spleen
enlargement. If untreated, this condition is invariably
fatal during the irst ive years of life. Survival of
Thalassemia patients depends upon repeated blood
transfusion and costly medicines lifelong. With the
advent of modern practices, blood transfusion, and
improved chelating therapy, Thalassemics have
bene itted and the disease is no longer fatal.
In our country, Beta Thalassemia is very common and
the term Thalassemia here denotes Beta Thalassemia.
Magnitude of the Problem: * 4.5% of world
p o p u l a t i o n ( 2 5 0 m i l l i o n ) i s T h a l a s s e m i a
minor/carriers/traits. In India, there are over 35
million Thalassemia Carriers (nearly 4.2% of
population). It is estimated that about 10 to 12000
Thalassemia major children are born every year in our
Diagnosis: Complete blood picture detects anaemia. It
also gives clue to Thalassemia as Sickle cell disease. Hb
electrophoresis con irms the diagnosis. HPLC
( a u t o m a t e d s y s t e m ) d e t e c t s a l l t y p e s o f
haemoglobinopathy with precision.
Management of Thalassamia: * Regular blood
transfusion preferably saline washed packed cell
transfusion to be given every 3 weeks, so as to maintain
pre-transfusion Hb > 9 gm% and post transfusion
level around 12 gm%. Newly diagnosied Thalassemia
major child must be given Hepatitis B vaccine
(4doses). Other immunization should be given as per
universal immunization schedule. Regular and

periodical medical checkups include screening for

Hepatitis B and C, HIV, Serum ferreting, Serum Calcium
and phosphorous levels, dental checkups, cardiac
checkups, renal function tests and endocrine function
tests. High protein, low iron and high calorie diet is
advised for Thalassemic patients. Iron Chelating
therapy after 15 transfusions or if serum ferreting >
100 gm/ml. Bone marrow transplantation can cure the
disease with donor availability and cost permitting.
Gene therapy (possibly in the future).
Life Expectancy: Quality of life depends upon severity
of disease. No diagnosis/Treatment 1 to 5 years. Only
blood transfusion, no chelating 8 to 18 years.
Maintain pre-transfusion Hb > 9gm% + Iron chelating
Normal Lifespan.
With proper management, Thal major children can
l e a d n o r m a l h e a l t hy l i fe , a t te n d i n g s c h o o l ,
participating in sports and can also marry and give
birth to children.
What is sickle cell Anaemia?: Sickle cell disease is an
inherited disorder in which red blood cells (RBCs) are
abnormally shared. All the problems in sickle cell
disease are due to its shape, which resembles a C
shaped farm tool called a sickle. Normal red blood cells
are lexible and low easily but in sickle cell disease,
due to its deformity, they are sti and can get stuck in a
tiny blood vessels cutting o the blood supply to
nearby tissues. This abnormality can result in painful
episodes, serious infections, chronic anaemia and
damage due to body organs. It may also be co-inherited
with Thalessemia, causing a condition known as Sickle
Cell Thalassemia. These complication can, however,
vary from person to person depending on the type of
sickle cell disease each has. Some people are relatively
healthy and others are hospitalized frequently. Today
with early diagnosis and treatment, most kids born
with this disorder grow up to live relatively healthy
and productive lives.
Parameters for detection: Clinical anaemia.
Haematological: MCV, MCH and NESTROF Test.
Laboratory: Hb%, HbF, Hb variant analysis,
e l e c t r o p h o r e s i s . Tr e a t m e n t : S y m p t o m a t i c
management of pain and if severe anaemia, blood
Compiled by
Vice Chairman

Life shrinks or expands is proportion to ones courage Ramesh Kumar Bung.



Sri Ramesh Kumar Bung, Sri Rampal Attal, Sri Umesh Chand Asawa receiving
Banking Frontier Awards from Dr. Mukund Abhayankar, Chairman, NAFCUB, Sri V.S.
Vyas, Former ED, RBI.

Sri Mehmood Ali,

Deputy Chief Minister,
Telangana handing
over second prize to
Sri Ramesh Kumar
Bung for well
maintenance of the
Banks stall at All India
Industrial Exhibition2015.


01. RBIs open market operation transactions
are carried out with a view to regulate ------------02. When more than one bank are allowing
c r e d i t f a c i l i t i e s t o o n e p a r t y i n
coordination with each other under a
formal arrangement, the arrangement is
generally known as -----------03. Open market operations, one of the
measures taken by RBI, in order to control
credit expansion into economy means -------04. The Bank Rate means ---------
05. What is an Indian Depository Receipt?
06. An instrument that derives its value from a
speci ied underlying (currency, gold,
stocks etc.,) is known as -------07. Fiscal De icit is ----------08. With what reference the term arbitrage is
used in the Capital Market?
09. What does Reverse Repo mean?
10. The stance of RBI monetary Policy is ------11. Currency swap is an instrument to manage
--------12. What does Sub-Prime refer to?
13. Where Euro Bond instrument is issued?
14. What does normally Money Laundering
15. With what purpose the IMF and World
Bank were constituted as institutions?
16. Who is Capital Market Regulator?
17. In the term BRICS, R stands for ------18. What does FDI refer to?

19. What is Call Money?

20. What is the irst Indian company to be
listed in NASDAQ? (National Association of
Securities Dealers Automated Quotations)
21. Who is the regulator of the credit rating
agencies in India?
22. One of the major challenges banking
industry is facing these days is money
laundering. Which norms are launched by
the banks to prevent money laundering in
23. Lot of banks in India these days are
oering M-banking facility to their
customers. What is M in M-Banking?
24. Who are Sub-Prime borrowers in Subprime Crisis?
25. Whether Personal Finance is the part of
the structure of the Financial System in
26. Whether Money Lenders form the part of
scheduled banking structure in India?
27. A general or life insurance policy with a
sum assured of Rs. 50000/- or less is
known as ----28. What is the mode of creating charge on
immovable property?
29. The SBI Life Insurance Company Limited is
a joint venture life insurance company
between State Bank of India and -----30. The amount is to be paid for a contract of
insurance to the insurance company, that
i s t h e s u m t h a t a p e r s o n p a y s
monthly/quarterly/annually according to
their plan, in return of the coverage he has
taken from the insurance company is
known as ------[Answers on Page No:31]

Great minds discuss ideas; average minds discuss events; small minds discuss people Eleanor Roosevelt.



A convention on the righteous attitude of a human being was conducted at the

Bank. Dr. Bhakti Vijnana Muni, President and Dr. Bhakti Nishkama Santa,
Genreal Secretary from Sri Chaitanya Saraswat Institute, West Bengal
deliberated on the subject. Sri Ramesh Kumar Bung, Sri Umesh Chand Asawa
extending welcome and honouring the speakers.

Sri Ramesh Kumar Bung honouring Sri V S Das, former ED of RBI, Dr. Mukund
Abhayankar, President, Sri Subhash Gupta CEO, Sri D. Krishna of NAFCUB, Sri
Bhaskar K Kothavade, Chairman and & CEO of Nasik Cooperative Bank at a
meeting held at the Bank.

Smt. Rekha Nair, Joint Director, Forward Markets Commission, Mumbai and Dr. P.
Stanley, Dy. Director, ICM, Hyderabad, Sri Ramesh Kumar Bung at a workshop on
Present Market Conditions and Role of Markets held at the Bank.

The Asaf Jahi dynasty has surely got a unique play
in the history of erstwhile Hyderabad. It has not
only played a very prominent role in the
development of the city, but also left behind a
great aura and history to share with the readers.
It was during the time of the sixth and seventh
Nizam that Hyderabad, as a state he attracted
great attention from the other rulers. The undenying fact of both the Nizams is that they were
known for their grandeur and royalty and left
their mark in one form or the other, majorly in
various constructions that are spread across the
city and are known as the major landmarks.
Rashtrapathi Nilayam, originally known as
Resident House, is the of icial retreat of the
President of India, where President stays for at
least once a year and conducts of icial business. It
is also used as a guest house for visiting
Located in Bolarum, the Residency House was
constructed in 1860 by Nizam Nazir-ud- Dowla.
It became the country house of the British
Residents who were then living in the city, but
after the Hyderabad states annexation in 1948,
became Presidents retreat and used as Sothern
The 16-room estate is spread over an area of 90
acres consisting of single storied building
besides visitors quarters that can accommodate
150 people. It has a dining hall, darbar hall,
morning room; cinema hall etc., Unique aspect of
this Rashtrapathi Nilayam is that the kitchen and
dining hall are independent buildings connected

with an underground tunnel to take food.

The retreats premises comprises landscape
garden, seasonal lowering plants and display of
potted plants around the main building and
natural cascading waterfalls. The herbal garden
has 116 species of medical and aromatic plants
like Sarpagandha, Kalabanda (Aloe Vera),
citronella, lemon grass, Khus, Geranium,
Coriander, Sandalwood, Tube Rose, Jasmine,
Kalmegh, Tulsi and Isbgol among others.
The garden is located in an area of about 7000
square meters. The garden has also developed
annuals, perennials, creepers and shrubs.
Several measures have been taken during the last
two years for conservation of rain water to
protect the plants. Earlier, the rainwater used to
low out of the Nilayam premises, which is now
collected and conserved, resulting in substantial
rise in ground water level. New water sources
like bore wells have been developed and existing
open wells have been developed for ef icient
water irrigation and drip irrigation system at the

Man alone can immortalise himself by what he creates and leaves behind. Much after you and I
are physically gone, you and I can continue to live through the legacy we create and leave behind.
In that sense, you and I shall never die.
Let the lingering question be- What can I create that will outlive my lifetime?
Ramesh Kumar Bung

Forgiveness is the key to action and freedom Ramesh Kumar Bung.



Sri G. Srinivasa Rao, Joint Registrar & District Cooperative Of icer and Sri R.K.
Aggarwal, Dy. Director, National Horticulture Board, Hyderabad, Sri Ramesh Kumar
Bung during All India Cooperative Week Celebrations.

Sri Ramesh Kumar Bung, Sri Umesh Chand Asawa along with other executives and
with functionaries of various PACS of Kerala State during their visit to the bank.


Fundamentally, strong Indian inancial system
continues to suer on account of bad loans,
more so in the case of public sector banks. The
latest igures are as scary as before. Union
Minister for Finance told Parliament on 21st
July, 2015 that the bad loans at public sector
banks (PSBs) in the country have jumped to Rs.
2.67 lakh crore at the end of March 2015 from
Rs. 2.16 lakh crore a year ago. The NPAs of PSU
banks for the system as a whole are increasing
The gross NPA ratio of PSBs has gone up to
5.34% at the end of March 2015 as compared to
4.72% a year ago. The government, RBI and the
PSBs are all concerned with timely recovery of
NPAs as it aects their pro itability and capital
During 2014-15, the public sector banks have
recovered Rs. 41236 crore as compared to Rs.
33698 crore in the previous iscal. The recovery
mechanism in the form of debt recovery
tribunals (DRTs), Board for Industrial and
Financial Reconstruction, Central Registry of
Securitisation Asset Reconstruction and
Security Interest of India (CERSAI) and Central
Repository of Information of Large Credit
(CRILC) has been functional. Moreover, the

percentage of government shareholding

marginally declined in the case of six PSBs
during last three years on account of raising of
capital by these banks from market.
The RBI has instructed banks in early
recognition of inancial distress, prompt steps
for resolution suggesting various measures
with speci ic timelines for implementation of
corrective action. The RBI has also introduced
lexible structuring of long term project loans to
infrastructure and core industries which takes
into account the lifecycle of the project for the
purpose of repayment. It estimates that the
market share of public sector banks will decline
from 80% in 2000 to just over 60% in 2015.
Compared to the PSBs, the private sector banks
are reaping rich pro its. The total net pro it of
private sector banks together was Rs. 1153
crore more than all public sector banks during
2014-15. Total net pro it of private sector banks
was Rs. 38976 crore for the year 2014-15
whereas for PSBs, the igure is Rs. 37823.39
All 27 PSBs in India together have a market
share of about 70% while there are about 20
private sector banks operating at present.

AS ON 31.03.2015
Pro it of 27 Public Sector Banks

Rs. 37823.39 Crore

Pro it of Private Banks

Rs. 38976 Crore


Rs. 1153 Crore

NPAs of PSBs

Rs. 2.67 lakh Crore

Corporate Loans lent by PSBs

Rs. 23.52 lakh Crore

Number of Corporate Establishments availed more than Rs. 5000 Crore


The secret of change is to focus your energy not on fighting the old, but building the new Socrates.



Swami Atma Swaroopa, Principal of Virajananda Yoga University, Bihar delivering a

lecture on Importance of Yoga at the Bank. Sri Ramesh Kumar Bung, Sri Ramavatar
Jaju, Former Chairman, Financial Cooperative Bank, Sri Umesh Chand Asawa
present on the occasion.

Sri Ramesh Kumar Bung performing Deepawali Pooja at our Begum Bazar Branch.
Directors on the Board, MD & CEO and sta members present on the occasion.



India never invaded any country in her last 10000 years of


When many cultures were only nomadic forest dwellers over

5000 years ago, Indians established Harappa culture in
Sindhu Valley (Indus Valley Civilisation).

The name India is derived from the River Indus, the valleys
around which the home of the early settlers. The Aryan
worshippers referred to the river Indus as the Sindhu.

Chess was invented in India.

Yoga is pure Indian science.

Algebra, Trigonometry and Calculus are studies, which originated in India.

The 'Place Value System' and the 'Decimal System' were developed in India in 100 BC.

The world's irst granite temple is the 'Brihadeeswara Temple' at Tanjavur, Tamil Nadu. The Sikhara of the
temple is made from a single 80 tonne piece of granite. This magni icent temple was built in just ive years
(between 1004 AD and 1009 AD) during the reign of Rajaraja Chola.

India is the largest democracy in the world, the 7th largest country in the world and one of the most ancient

Asst. General Manager


01. Thinking should become your capital asset, no matter
whatever ups and downs you come across in your life.
02. Be more dedicated to making solid achievements than in
running after swift but synthetic happiness.
03. All of us do not have equal talent. But all of us have an equal
opportunity to develop our talents.
04. All birds ind shelter during a rain. But Eagle avoids rain by
lying above the Clouds.
05. It is very easy to defeat someone, but it is very hard to win
06. If you want to shine like a sun, irst burn like a sun.
07. Failure will never overtake me, if my de inition to succeed is strong enough.
08. Man needs dif iculties in life, because they are necessary to enjoy the success. Without your involvement
09. You cannot succeed. With your involvement you cannot fail.
10. Dont take rest after your irst victory because if you fail in second, more lips are waiting to say that your
irst victory was just a luck

Avul Pakir Jainulabdeen Abdul Kalam (15.10.1931 27.07.2015)

We cannot build the future for our youth, but we can build our youth for the future Roosevelt.



New Year 2015 Celebrations at Head Of ice. Sri Ramesh Kumar Bung being greeted
by Sri Umesh Chand Asawa at the event. Sta taking part in the celebrations.

Sri Karuppa Samy, Member, Services Board, RBI addressing all the branch managers
and executives. Sri Ramesh Kumar Bung and Sri Umesh Chand Asawa in the meeting
arranged at H.O.
Putting Days into life is ageing; Putting life into Days is growing.



01. Liquidity in the economy, prices of essential
commodities, In lation and borrowing
power of the banks.
02. Consortium.

03. Issuance of dierent types of bonds.

04. Rate at which RBI purchases or rediscounts
bills of exchange of commercial banks.
05. An instrument in the form of depository
receipt created by an Indian Depository
against underlying equity shares of the
issuing company.
06. Derivative.
07. Total expenditure less total receipts
excluding borrowing.
08. Variation in dierent markets.
09. Injecting liquidity by the Central Bank of a
country through purchase of Government

17. Russia.
18. Foreign Direct Investment.

19. Money borrowed or lent for one day or

20. Infosys.

21. SEBI
22. Know Your Customer Norms.
23. Mobile Phones.
24. It is a mortgage crisis referring to credit
default by the borrowers; Sub-prime
borrowers were those borrowers who were
rated low and were high risk borrowers; the
crisis originated because of negligent in
credit rating of the borrowers.
25. No.

26. No.
27. Micro Insurance Policy.

10. In lation control with adequate liquidity for


28. Mortgage.

11. Cash lows in dierent currencies.

30. Premium.

29. BNB Paribus Assurance.

12. Lending done by inance institutions

including banks to customers not meeting
with normally required credit appraisal

The fragrance of lowers spreads only in

the direction of the wind.

13. Issued in a country other than the country

of the currency of the Bond.

But the goodness of a person spreads in

all directions.

14. Placement of funds, layering of funds and

integration of the funds.


15. Strengthens international economic

cooperation and to help create a more
stable and prosperous global economy; IMF
p r o m o t e s i n t e r n a t i o n a l m o n e t a r y
cooperation; World Bank promotes long
term economic development and poverty
16. SEBI.

Dont call the world dirty because you

forgot to clean your glasses
Ramesh Kumar Bung.

Coming together is a beginning, keeping together is progress, and working together is success Henry Ford.



Sri Y. Nagi Reddy, IPS, inaugurating the stall of the Bank at 75th All India Industrial
Exhibition, 2015, Hyderabad. Sri Ramesh Kumar Bung, along with other directors,
MD & CEO at the inaugural event.

Sri Ramesh Kumar Bung hoisting the National Flag on the 66th Republic Day. Sri
Purshotamdas Mandhana, Sri Rampal Attal, other directors and sta members
participating in the celebrations.


Sri Ramesh Kumar Bung distributing notebooks to the needy students of

Vidyaranya Awas Vidyalaya, Bandlaguda.


In Ascending Size In Number Panels

The Reserve Bank of India, in its noti ication

dated 25th June, 2015 said that it has issued `
100 denomination banknotes in Mahatma
Gandhi Series 2005 with a new numbering
pattern. Now the numerals in both the
number panels of these banknotes will be in
ascending size from left to right, while the
irst three alphanumeric characters (pre ix)
will remain constant in size. (see illustration)
Printing the numerals in ascending size is a
visible security feature in the banknotes so
that the general public can easily distinguish a
counterfeit note from a genuine one. The
Re s e r ve B a n k , i n c o n s u l t a t i o n w i t h

Government of India, has been improving

security features of Indian banknotes so as to
make their counterfeiting dif icult and make
it easy for members of public to identify
genuine banknotes. The design of banknotes
with numerals in ascending size is similar in
all other respects to the current design of
`100 banknotes in Mahatma Gandhi Series
2005 except for the new numbering pattern.
The banknotes will continue to have "`"
symbol on the obverse and the reverse, an
inset letter 'R' in both the numbering panels,
bear the signature of Dr. Raghuram G. Rajan,
Governor, Reserve Bank of India, and the year
of printing '2015' printed on the reverse of
the banknotes. All the banknotes in the
denomination of ` 100 issued by the Reserve
Bank in the past will continue to be legal
tender. The new numbering pattern will be
introduced in a phased manner in all other

The purpose of education is to make minds, not careers Ramesh Kumar Bung.



Dr. N. Krishna Mohan, Banking Ombudsman, RBI speaking on the Customers

Charter at a meeting in the Bank. Sri Ramesh Kumar Bung, Sri Purshotamdas
Mandhana, Sri Rampal Attal, Sri Umesh Chand Asawa and other of icers in the

Dr. Devyani Dangoria, Managing Trustee, Devyani Charitable Trust, Smt. M. Vijaya
Nirmala, A.P. State Information Commissioner, Smt. Manisha Saboo, Centre Head,
Infosys, Hyderabad and Smt. Jaya Baheti, renowned artist being felicitated by Sri
Ramesh Kumar Bung on the occasion of International Womens Day celebrations
held at the Bank.
Pleasure in the job causes perfection in the work.

Companies, Co-Ownership, Clubs and Societies


Governed by the Indian Partnership Act, 1932

Governed by the Indian Companies Act, 1956

A partnership is not a distinct legal entity.

It is not distinct from its partners.

A Company is a distinct legal entity.

Registration of a partnership irm with the

Registrar of Firms is optional. It can function after
the partnership deed is signed.

For a Company, registration with ROC is compulsory.

It comes to existence only after Certi icate of
Incorporation is issued by ROC.

A partnership irm can have a minimum of 2

partners and a maximum of 20.

A Company requires a minimum of 2 directors in

case of private limited company and 7 in case of
public limited companies.

The property of a irm belongs to the individual

partners in agreed proportion.

The property of the Company does not belong to its

shareholders. Being a distinct legal entity, the
Company owns its property.

All the partners are jointly and severally liable for

the acts, and any debt contracted by the irm.
Thus, each partner is an agent of the irm.

The liability of the members is limited to the extent

of their shareholding. In case of default, the lender
proceeds against the company, and not against the
members, unless they have provided individual

A partner cannot contract with his own irm.

A shareholder can enter into a contract with his


A partner cannot transfer his share and make the

transferee a partner of the irm without the
consent of other partners.

The shares of the company are transferable.

A partnership usually comes to an end when a

partner dies or becomes insolvent. The partnership
deed has to speci ically provide for continuity of
the partnership in such situations.

Death or insolvency of a shareholder does not aect

the existence of a company. It has a perpetual
succession except when liquidation proceedings
are initiated.

Since a partnership irm is not a legal person, it

cannot be a partner of any other irm.

A Company is a legal person and, therefore, can be

partner of a irm if permitted by its MOA and AOA.



A partnership is born out of a contract.

Co-ownership may be created by an agreement as well.

A partnership is formed to do some business.

A Co-ownership may be formed for non-business

purposes as well.

A partner cannot transfer his interest to a stranger.

Co-owners may transfer their interest to persons

out of the co-ownership without the consent of

Excellence is a continuous process and not an accident Ramesh Kumar Bung.



Sri Bhavani Sankar Kedia and Nookala Yajna Narayana Sarma, Astrologers,
forecasting the horoscopes on the occasion of Manmadha Ugadi Day Celebrations
held at H.O. Both the scholars being honoured by Sri Ramesh Kumar Bung.

Cool Water Outlet in the premises of the Bank being inaugurated by

Sri Ramesh Kumar Bung.




A partner is the agent for the other partners as

well for business purposes.

A co-owner cannot be an agent for his other co-owners.

A partner has a lien on the partnership property

for expenses incurred by him on such property
on behalf of the irm.

A co-owner has no such lien.

A partnership can have a maximum number

of 20 members at any point of time.

There is no such ceiling on the number of co-owners.



A partnership is born out of a contract.

A Club is formed on the implied condition that its

members are not bound to contribute to its losses
beyond the amount or subscription to be paid as
laid down in rules as long as he remains a member.

A partnership is formed to do some business

and earn pro it.

Clubs or Societies are formed for welfare or

recreation purposes and are usually non-pro it

A partner is the agent for other partners as well

for business purposes.

The members of the Club/Society are not agents

for each other. Nor members are liable for each
others acts.

Begum Bazar


It has been brought to the notice of Reserve Bank of
India that members of public and institutions write
number, name or messages, etc. on the watermark
window of banknotes, thus defacing the banknotes.
The watermark window has an important security
feature which distinguishes it from a counterfeit note.
Any defacement on the window will not allow the
common man to identify one of the features of a
genuine note.

Clean your heart which cleans your mind Ramesh Kumar Bung.

The public is, therefore, requested to

refrain from doing anything that
leads to defacement, said RBI in a
Press Note dated 16th July, 2015.



Sri Ramesh Kumar Bung and Sri S. Thomas, Divisional Manager, LIC of India
exchanging MOU under Pradhan Mantri Jeevan Jyoti Bima Yojana.

Sri S. Ramananda Swamy, Returning Of icer complimenting Sri Purshotamdas

Mandhana, Sri Ramesh Kumar Bung and other Directors on being elected to the
Board of the Bank.


The inancial year close is behind us and the tax
iling for returns for inancial year 2014-15 has
begun. If you are not satis ied with your tax saves,
here are some deductions which can help you
save some tax.
Employee Provident Fund or EPF Your
employer deducts 12% of your Basic Salary
towards your contribution to the Employees
Provident Fund. The contribution made by you is
eligible to be claimed as deduction under Section
80C, which allows a maximum deduction of Rs
1,50,000 from your Gross Total Income.
Assuming your basic salary is Rs 30,000, a 12%
PF of Rs 3,600 is deducted each month from your
salary towards EPF. This adds up to Rs 43,200 for
the year and you can claim this full amount as a
deduction under Section 80C, at the time of iling
your return.
Life Insurance Premium The life insurance
policy holder is eligible for tax bene its under
Section 80C. When you pay a premium on a life
insurance policy to insure your own life, or your
spouses life, or the lives of children who may be
dependent/independent, minor/major, or
married/unmarried a deduction is available
under Section 80C for the premium paid by you.
The only condition is the premium paid should
not be in excess of 10% of the sum assured in the
policy. If you have paid a premium for a life
insurance policy- do remember to claim it as a
deduction under section 80C.
Tuition Fees of Children Tuition fees paid to
any school, college, university or other
educational institution, which is situated in India
for full time education of your children, can be
claimed as a deduction under Section 80C. These
expenses are allowed to be claimed for up to 2
children. In case your children are small
deduction is available for fees paid for play
school, pre nursery and nursery as well.
Interest on Savings Bank Account Interest
earned by you from a savings bank account is
taxable under the head Income from Other
Sources. A maximum of Rs 10,000 can be claimed

a deduction from this interest income under

section 80TTA. If your interest earned is lower
than Rs 10,000 such lower amount shall be
exempt. This interest may have been earned in a
savings bank account or a post of ice savings
account. When earn such interest income and ile
with websites like Clear Tax, they automatically
give you the deduction so you dont end up
paying any additional tax.
Dierently abled Dependants In order to
provide tax bene it to those who are dierently
abled or those caring for dependents that are
dierently abled Income Tax Act has laid out
deductions under Section 80DD and Section
80DDB. Under Section 80DD, if you have spent
money for medical treatment (including
nursing), training & rehabilitation of a disabled
dependant or you have paid for insurance scheme
for caring for the dependant, this deduction is
allowed from your Income. If the disability is
more than 80% deduction allowed is Rs 1,00,000,
and where the disability is 40% to 80% a
deduction of Rs 50,000 is allowed. This deduction
is for these ixed amounts and is available
irrespective of the actual money spent by you.
Under Section 80DDB, deduction is allowed when
money is spent by a tax payer for medical
treatment of a speci ied disease or ailment for a
dependant. Where the dependant is less than 60
years old the actual amount spent or Rs 40,000
whichever is less can be claimed as a deduction. If
the dependant is more than 60 years old
deduction is Rs 60,000 or actual amount spent
whichever is lower. Deduction under section
80DDB can also be claimed by the tax payer for his
own treatment provided its a speci ied disease as
per the section and the other conditions in the
section are met. Taking bene it of these tax
deductions can reduce your tax burden
signi icantly. We have an exhaustive guide of all
the deductions available under section 80.

Have the positive attitude, character and work ethics that inspire and elevate the raw talent of others around
you to new levels of achievement Ramesh Kumar Bung.



In Sports, Games and Singing for Staff

Sri Ramesh Kumar Bung, Ms. Naina Jaiswal, International Table Tennis Player and a child
prodigy, Ms. Sahaja, International Chess Player, Sri Umesh Chand Asawa inaugurating Sports
Day Celebrations at Victory Play Ground on 05th July, 2015. Sri Bung and other players playing
dierent games.

B a n k h a s c o m m e n c e d c o n d u c t i n g
competitions in Sports and Games to
enthuse its sta members on 5th July, 2015
at Victory Play Grounds, Chaderghat,
Hyderabad at 8.00 A.M. Ms. Naina Jaiswal,
International Table Tennis Player, Ms.
Sahajasri, International Chess player, Sri
Ramesh Kumar Bung, Senior Vice Chairman
and Sri Umesh Chand Asawa MD & CEO
have inaugurated the event by lighting the
lamp and distributing sports shirts to the
participants. All the contestants have taken
part in the event fervently.


Sri Ramesh Kumar Bung, while speaking on

the occasion said that the Bank has been
encouraging various sports and games and
other cultural activities to instil enthusiasm
among the employees and their children for
the past few years. He pronounced that
sports and games play an important role in
the development of human personality. All
the sports and games and cultural activities
certainly bene it both mind and body. They
create cheerfulness, discipline, fellowship,
con idence and physical itness.

It takes many good deeds to build a good reputation, and only one bad one to lose it Benjamin Franklin

Sri Asawa stated that games and sports are

essential for the all round development of a
personality. It is by playing games and
sports that we can develop and maintain
our health. Games keep our body alert,
active, youthful and energetic.
In activities involving games and sports,
blood-circulation increases and there is an
increased supply of oxygen. Only a healthy
person can work long, hard and cheerfully.
An unhealthy person may not take as much
interest in work as a healthy one. Health can
be maintained by exercise alone.
Ms. Naina Jaiswal asserted that games and
sports have some additional bene its as
they are played in groups and in healthy
competitive spirit. Among many other
things, they help develop co-operation,
quality of leadership, team spirit and a
willingness to submit to, and further, the
rule of law. Games instil in the players the
spirit of self-reliance, justice, fair play and
sporting spirit. They make people bold,
adventurous, social, disciplined and more

conscious of their responsibilities towards

society and nation. Players have been found
better equipped to ight superstitions,
communalism, obscurantism and narrow
approach to issues of national interest.
Ms. Sahaja Sri said that games also help in
ove rc o m i n g t h e s e n s e o f v i o l e n c e ,
arrogance and superiority as these are
purged by providing them suf icient outlet.
A sports person may not lose his or her
temper and morale even in the face of defeat
because he/she would take it coolly, calmly
and then would try to perform better the
next time. Players know that victory and
defeat are the two aspects of the same coin.
There is more joy in playing than in its end
result, Sri Bung further revealed. He wished
all the best for the players who are
participating in the various games.
After the inaugural function, various games
like Cricket, Musical Chairs, Lemon and
Spoon, Sack Race and others continued till
evening. Competitions in music were
conducted in Sta Training College later.

Singers from dierent branches participating in music competitions held at the bank on

Friends and good manners will carry you where money wont do Ramesh Kumar Bung.



Dr. M. Sankar, Zonal Manager, New India Assurance Company handing over tie-up
documents to Sri Purshotamdas Mandhana and Sri Ramesh Kumar Bung. Sri
Rampal Attal and Sri Umesh Chand Asawa present on the occasion.

Sri Ramesh Kumar Bung distributing notebooks to the needy children of

Ramachandra Balika Vidyalaya, near Osmania University.



To gauge the mammoth rise of the Indian
population, the most ideal places to visit are Metro
stations, airports, malls, railway stations and bus
stands. As we prepare to observe the World
Population Day (11.07.2015), a road-map to
expand healthcare access across the nation has
become a critical priority for the policymakers.
As per the Indian census carried out in 2011, the
population igure was 121,01,93,422 well above
the one billion mark. India, with a population of
127,42,39,769 as on 11.07.2015 (as against the
world population of 737,624,11,239 as on
population day), the second most populous country
in the world (17.29%), is projected to surpass China
by 2025.
The poignant fact is that the igures are rising by the
day despite the population control policies, family
planning and welfare programmes undertaken by
the government. The mortality rate is on decline
thanks to the advancement in the ield of medicine,
but there has been no signi icant success in terms of
bringing down the birth rate.
Much of population increase is among the poorest
s o c i o - e c o n o m i c s t ra t a . Re l a t ive ly, s o c i o economically advanced Indian States displayed a
fertility rate of less than 2.1 in 2009, which is less
than the level needed to maintain a stable
population following the infant mortality standards
in developed nations. Though the one-child policy
in China was criticized as against human dignity
and rights, it has helped China to control its
population by a possible 400 million people.
There is a distinct possibility of irreversible and
unsustainable population growth and big question
marks remain over how India will provide nearly
1.7 billion people with their basic minimum needs.
As of 2013 statistics, the number of private
hospitals and private doctors had shown a multiplefold increase at 7500+ and 300000 respectively.
Similarly, the private sector has enabled an
increased availability of medicines by setting up
pharmacies/chemist shops. There are more than
105000 chemists who are providing medicines in
120 cities in the country. Nevertheless, a very
disproportionate increase in the population has

raised fears of an alarming shortfall in terms of the

doctor-patient ratio and the corresponding
accessibility to quality healthcare.
Increasing the welfare and status of women and
girls; imparting education; enhancing awareness
for the use of family planning methods; sex
education; encouraging male sterilisation and
spacing births can be some of the ways to curtail the
escalating population. It would be ideal for the
country like India to be more progressive in outlook
and shed inhibitions when it comes to free
distribution of family planning devices among the
poor. We must select a strategy that provides
signi icant healthcare access bene its to the Indian
population. Sustainable policy solutions to
healthcare inancing, infrastructure and human
resource challenges are critically needed.
While there are pockets of improvements,
signi icant healthcare access challenges continue to
exist for the Indian population. The longer India
delays acknowledging the severity of these
problems and dealing with them head on, the grave
the consequences are likely to be. We will look into
some salient features:

Indian population grew 5 times in the last 100


Density of population is more in India. 386

people live per square kilometre. Whereas in
China, the density is 145 people in one square

32% of Indian population reside in towns.

It is estimated by 2020, that the Indian

population would reach to 147.63 crore
whereas in China, it would be 144 crores. We
may be 162 crore in 2050 as against China of
138 crore.

UP stands irst with population of 18 crores.

On 11th July 1987, the world population

reached exactly 500 crores. On this occasion,
UNO decided to commemorate 11th July as the
World Population Day.



So many people spend their health for gaining wealth and then have to spend their wealth to regain their
health Ramesh Kumar Bung.




Optimism is the faith that leads to achievement. Nothing can be done without hope or
confidence Ramesh Kumar Bung.

Dear Editor,

Dear Sir,

I am a regular reader of HAMARA PRAYAS

which provides refreshing information on
many aspects of reading apart from Banking
Subject with good thoughts for life mould.

I have been reading and enjoying your monthly

tabloid HAMARA PRAYAS regularly. Your
articles are very interesting and the article
Science of Resolutions is highly informative.

With regards

Yours faithfully,

Yours sincerely,


Gopalkrishna Koshtee,

Ponnampet Town Cooperative Bank,

Textile Traders Cooperative Bank,

Ponnampet, Kodagu, Karnataka : 571 216

Ahmedabad: 380 009

A man is but a product of his thoughts and what he thinks he becomes Mahatma Gandhi.



Sri Laxmidas, Chairman, Delhi Cooperative Urban Banks Federation is being

felicitated by sri Ramesh Kumar Bung on his visit to the Bank. MD & CEO and other
of icials present at the gathering.

Dr. Daga Sachin V, Consultant Surgical Gastroenterologist, KIMS, Secunderabad, Dr.

Sailesh R Singhi, Director, Century Super Speciality Hospital and Dr. Sandeep Saboo,
Well-known physician being felicitated by Sri Purshotamdas Mandhana, Chairman
on the occasion of Doctors Day celebrations held at Head Of ice. Sri Ramesh Kumar
Bung and Sri Umesh Chand Asawa in the meeting.

in Mahabharata War
Bhishma, the grandsire of both the Kauravas and
the Pandavas, analyzed each warrior on both
sides of the battle. He said there are 3 types of
warriors. They are the Rathi, the Atirathi and the
Maharathi. Based on his judgement and
knowledge of the science of weapons he classi ied
every warrior involved in the Mahabharata war.
According to him the highest level of a warrior is
t h e M a h a r a t h i . H e d e i n e d t h e t h r e e
classi ications as follows:
Rathi: A warrior capable of attacking 5,000
warriors simultaneously.
Atirathi: A warrior capable of contending with 12
Rathi class warriors or 60,000 warriors
Maharathi: A warrior capable of ighting 12
Atirathi class warriors or 720,000 warriors
simultaneously, and having complete mastery of
all forms of weapons and combat skills.

Lord Shiva in battle according to Bhishma; but the

only pre-condition is that Asvathama has to
become extremely angry to unleash his full
potential.) Karna is equal to 2 Maharathi.
Bhishma, even though he never classi ied himself.
Later it was revealed that Bhishma was equal to 2
Maharathi warriors.

Classi ication of Warriors from the Kaurava


Classi ication of Warriors from the Pandava


Rathis: Sudhakshina, the ruler of the Kamvojas,

Sakuni, King of Gandhar and uncle of Kauravas,
Duryodhanas son Lakshmana and the son of
Dushasana, Jayadrath, the king of the Sindhu and
brother in law of Kauravas, All 99 brothers of
Duryodhana, including Dushasan, are single
Rathis. Duryodhana is classi ied as a warrior
equal to 8 Rathis

Rathis: Uttamaujas, Sikhandi, the son of the king

of the Panchalas, Yudishtira the son of Pandu and
Kunti, is a Ratha. Nakul and Sahadeva are single
Rathis. Bhima is regarded as equal to 8 Rathas.

Atirathis: Bhoja chief Kritavarman, The ruler of

Madras,Salya, Bhurisravas, the son of Somadatta,
Kripa, also known as Kripacharya, the son of
Maharathis: Alambhusha, the Chief of Rakshasas,
The ruler of Pragjyotisha, the brave Bhagadatta,
Vrishasena, the son of Karna, Guru Drona,
Asvathama, the son of guru Drona and the avatar
of Lord Shiva. (Even though he was classi ied as a
Maharatha, in reality he was peerless and equal to

At i ra t h i s : S a t ya k i o f t h e Vr i s h n i ra c e ,
D h r i s h t a d y u m n a t h e s o n o f D r u p u d a ,
Kuntibhoja,the maternal uncle of Pandavas,
Ghatotkacha, prince of Rakshasas and master of
all illusions, son Bhima and Hidimva.
Maharathis: Virata King, Drupuda, King of
Panchalas, Dhrishtaketu, the son of Sisupala, the
king of the Chedis. All sons of Draupadi are
Maharathis. Abhimanyu, the son of Arjuna is equal
to 2 Maharathi. Arjuna is equal to 2 Maharathi
Recovery Dept

A person might be an expert in any field of knowledge.. but without inner cleanliness his brain is a waste
desert Satya Sai Baba.



Sri Bandaru Dattatreya, Union Minister of State for labour and employment, Dr. K.
Laxman, MLA, Musheerabad Constituency and Sri M. Surender, Commissioner for
Cooperation and Registrar of Cooperative Societies, Telangana inaugurating newly
shifted premises of RTC x Roads Branch. Sri Ramesh Kumar Bung, Sri Purshotamdas
Mandhana, Directors on the Board, MD & CEO at the event.


Disintermediation: Approaching directly, without
availing services of intermediaries as in the case of
companies raising capital directly by share issue.
Disinvestment: 1. Issuing shares to general public,
certain portion or full share capital held by the
government in a state owned company, in a
deliberate move to raise funds or to reduce the
investment by the state without losing out the
control. 2. An act of withdrawing from a company.
Disparity: Not equal, great dierence.
Dispensation of Credit: Disbursal of loans.
Dispense with: Do without, not to insist on.
Dispersed Industries: Industries scattered here
and there in a large locality.
Disposable Income: Balance of income that could
be spent.
Disproportionate Assets: Assets acquired beyond
the known means.
Dissenting Shareholder: Shareholder who does
not accept the proposal made by the management
of a company.
Dissolution: Breaking up, putting an end to.
Dissolution of Partnership: 1. Bringing an end or
breaking the partnership by the partners
themselves if the partnership is At Will. 2. At the end
of the period if it is for a ixed period or if for a
particular venture or project, on completion of the
same. 3. Coming to an end by operation of the law
i.e., death, insolvency or insanity of one of the
Distress Sale: Sale taking place out of pressure
without bothering for pro it or loss.

annual pro it divided and distributed by a company

to its member shareholders after providing for all
statutory requirements. 3. Payment made to the
creditors in part or full out of the assets of an
insolvent under a scheme of arrangement or as
ordered by a court of law.
Dividend Apportion Account: An account
specially opened for dividend payout with the
credit coming directly from the Pro it and Loss
Dividend Mandate: Instructions given by the
shareholder to the company stating the mode of
remittance of dividends payable to him.
Dividend Warrant: Special Cheque issued by a
company for disbursing paying dividend with a date
of expiry printed at the top usually 3 months from
the date of issue.
Divisible Surplus: Excess of income over
expenditure that can be divided and paid out to
those who are entitled to get.
Dock Warrant: A document issued by a dock
warehouse keeper or whar ing stating that the
goods mentioned in the warrant are received for
Doctored Data: Data changed with an intention of
falsi ication or deceit.
Document: A legally valid and signed record either
written or printed evidencing the intentions of the
parties named in it.
Documentary: Consisting of documents.
Documents to Title to Goods: Bill of Lading,
Railway Receipt or Lorry Receipt or Airway Bill of
approved companies evidencing the dispatch of
goods for which the consignee is entitled as a

Diversion of Funds: 1. Making use of the proceeds

of the loan for the purposes other than the purpose
for which loan is availed of. 2. Taking out funds from
the running business and invest elsewhere or spend
lavishly for unproductive purposes.

Documentary Credit: Letter of Credit in favour of

exporter, undertaking to make the payment against
production of documents speci ied in the credit.

Dividend: 1. Yield on the shareholding paid by the

company at a certain percentage. 2. Part of the

Documentary Evidence: Proof produced in the

form of documents. Also called documentary proof.

Faith makes all things possible, love makes all things easy and hope makes all things work Ramesh Kumar Bung.



Sri G. Kishan Reddy, MLA, Amberpet constituency, Sri R. N. Dash, R.D, RBI
inaugurating the new premises of Himayathnagar Branch. Sri Purshotamdas
Mandhana, Chairman, Sri Ramesh Kumar Bung, Senior Vice Chairman honouring
the invitees. Directors, MD & CEO, Sta and Customers gathered on the occasion.



Simplicity is the ultimate sophistication Ramesh Kumar Bung.



Sri M. Surender, Commissioner for Cooperation , Govt. of Telangana, Sri Ramesh

Kumar Bung, Sri Umesh Chand Asawa inaugurating sta induction training
programme at Sta Training College.

Sri Ramji Bhinchar, MLA, Makrana, Rajasthan is being honoured by Sri Ramesh
Kumar Bung. Sri Rampal Attal and other senior of icials participated in the meeting.




1. When we try to tell some secret to anybody, we

keep both our hands near his eye. From this
posture only, the punctuation mark bracket [ ]
has emerged.
2. We cannot ind the letter A when we count the
numbers from One to 999.
3. Among every three billionaires in the world, one
is an undergraduate.
4. There is a volcano in Indonesia. Its name Kavah
Ijen. It emits its lava in blue colour.
5. New Zealand is the irst country to provide
voting rights to women. They did so in 1893.
6. The spaceship which travelled longest distance
from the earth is Voyager-1. This was sent into
cosmos in 1977 to study about solar planets set
up. Its mission was completed in 1980. But it is
still travelling for the past 38 years continuously.
At present, it is 11.5 billion miles away from
7. Certain sharp leaves grow in the forests of
Australia. Their name is Gimpy Gimpy. People
who touched them suered with lot of pain.

Some people committed suicide who could not

withstand the pain.
8. A ive year old Pakistani boy called Khureshi
passed the exams of Microsoft Standard exams
and created a record as the youngest computer
9. Camels drink 113 litres of water in 13 minutes.
10. P e r s o n s s u e r i n g f r o m t h e d i s e a s e
Prosopagnosia cannot recognise anybody.
11. The average depth of oceans is 12080 feet.
12. We normally slip into sleep within average time
of 7 minutes.
13. The race of Dinosaurs disappeared even before
formation of Alps Mountains.
14. The Hawaii islands belonging to USA are moving
4 inches per year towards Japan.
15. Meghalaya state is also called as Scotland of the
16. It was Charles Wilkins who translated the
Bhagavad-Gita into English for the irst time in
17. The only bird which can see blue colour is Owl.
HO: Credit

The actions of men are the best interpreters of their thoughts Ramesh Kumar Bung.



Sri R.N. Dash is being greeted by Sri Ramesh Kumar Bung on his
elevation as Regional Director, RBI, Hyderabad.

Special Trainees from the states of Meghalaya, Arunachal Pradesh, Himachal

Pradesh and Kutch areas in the convocation of VAMNICOM, Pune are being
presented with mementoes by Sri Ramesh Kumar Bung on their study tour to
Hyderabad. Sri Rampal Attal and Sri Umesh Chand Asawa in the photograph.


In China as Alternative to World Bank, IMF
A new USD 100 billion bank loated by BRICS nations,
including India, as an alternative to the World Bank
and IMF to boost infrastructure funding in the
emerging economies and oer them tailor-made
services was launched here on Tuesday.

billion. Both will counter the in luence of Westernbased lending institutions and the dollar. Documents
on cooperation between BRICS export credit
agencies and an agreement of cooperation on
innovation were also signed.

The opening ceremony of the New Development

Bank (NDB) was held in Shanghai, Chinas inancial
capital. Chinese Finance Minister Lou Jiwei, Shanghai
Mayor Yang Xiong and the bank's President K V
Kamath attended the opening ceremony. Kamath, 67,
who will be the bank's president for the irst ive
years, said he was con ident of delivering on people's
expectations from the new bank.

Shanghai was selected as the headquarters after

competition from New Delhi and Johannesburg. An
A f r i c a n r e g i o n a l c e n t e r w i l l b e s e t u p i n
Johannesburg. The irst president will be from India ,
the inaugural Chairman of the Board of directors will
come from Brazil and the inaugural chairman of the
Board of Governors will be Russian.

The New Development Bank (NDB), formerly

referred to as the BRICS Development Bank, is a
multilateral development bank operated by the
BRICS states (Brazil, Russia, India, China and South
Africa) as an alternative to the existing American and
European-dominated World Bank and International
Monetary Fund. The bank is set up to foster greater
inancial and development cooperation among the
ive emerging markets. Together, the four original
BRIC countries comprise in 2014 more than 3 billion
people or 41.4 percent of the worlds population,
cover more than a quarter of the worlds land area
over three continents, and account for more than 25
p e r c e n t o f g l o b a l G D P. T h e b a n k w i l l b e
headquartered in Shanghai, China. Unlike the World
Bank, which assigns votes based on capital share, in
the New Development Bank each participant country
will be assigned one vote and none of the countries
will have veto power.
The idea for setting up the bank was proposed by
India at the 4th BRICS summit in 2012 held in Delhi.
The creation of a new development bank was the
main agenda for the summit. The New Development
Bank was agreed to by BRICS leaders at the 5th BRICS
summit held in Durban , South Africa on 27 March
On 15 July 2014, the irst day of the 6th BRICS summit
held in Fortaleza, Brazil , the group of emerging
economies signed the long-anticipated document to
create the $100 billion BRICS Development Bank and
a reserve currency pool worth over another $100

On 11 May 2015, K. V. Kamath was appointed as

President of the Bank.
Composition and power : The Bank shall have a
Board of Governors, a Board of Directors, a President,
Vice-Presidents as decided by the Board of
Governors, and such other of icers and sta as may be
considered necessary. All the powers of the Bank
shall be vested in the Board of Governors consisting
of one governor and one alternate appointed by each
member in such manner as it may determine.
Governors shall be at ministerial level, and may be
replaced subject to the pleasure of the member
appointing him. No alternate may vote except in the
absence of his principal. The Board shall on an annual
basis select one of the governors as chairperson.
Development capital : The bank's primary focus of
lending will be infrastructure projects with
authorized lending of up to $34 billion annually.
South Africa will be the African Headquarters of the
Bank named the "New Development Bank Africa
Regional Centre". The bank will have starting capital
of $50 billion, with capital increased to $100 billion
over time. Brazil, Russia, India, China and South
Africa will initially contribute $10 billion each to
bring the total to $50 billion. Each member cannot
increase its share of capital without all other 4
members agreeing. This was a primary requirement
of India . The bank will allow new members to join but
the BRICS capital share cannot fall below 55%.
Contingent Reserve Arrangement (CRA) : The CRA
is a framework for the provision of support through
liquidity and precautionary instruments in response

Culture can become a secret weapon that makes extraordinary things happen Ramesh Kumar Bung.



Lion Sri Ashok Agarwal,

International Lions Club
Vice President Greeting
Sri Ramesh Kumar Bung
on the occasion of 37th
Foundation Day of the

Dr. Anil Kumar Saxena, Professor, Sardar Vallabhbhai Patel National Police Academy,
Dr. Alok Pandey, Associate Professor, Dept. of Hindi, Central University, Sr. K.
Ramakrishna, Director, A.P. State Cooperative Bank Ltd., Cooperative Training
Institute, Rajendranagar and Sri Raghunath Rao Ghatge, Head Master, Maheswari
Vidyalaya, Hyderabad on the occasion of Teacher's Day Celebrations, held at H.O.
Sri Ramesh Kumar Bung, felicitating the guests and Sri Umesh Chand Asawa , MD &
CEO present at the event.

to actual or potential short-term balance of payments

pressures. The objective of this reserve is to provide
protection against global liquidity pressures. This
includes currency issues where members' national
currencies are being adversely aected by global
inancial pressures. The Bank would also provide
assistance to other countries suering from the
economic volatility in the wake of the United States '
exit from its expansionary monetary policy.
This fund will consist of $10 billion of "paid-in

capital" ($2 billion from each member to be provided

over seven years) and an additional $40 billion to be
"paid upon request". Out of the total initial capital of
$100 billion, China will contribute $41 billion, Brazil,
Russia and India would give $18 billion each, and
South Africa would contribute $5 billion. It is
scheduled to start lending in 2016.
Members: There are 5 members as of 1 July 2015.
HO: Forex

dont know. Why? Tinkoo: Then you have to

concentrate on your husband.

01. Preeti: You said there is no servant-maid in your
house for the past one year. In spite of this, you
remained fat and did not become slim. How?
Vasundhara: I said servant maid is not there.
Did I say that my husband is not there?
02. After many years, friends Veeru and Soori met at
a place suddenly. Veeru asked: Soori, what are
your children doing now? Soori replied: My irst
son is in the inal year of engineering; Second
daughter is studying B.Com. 2nd year. Third one
could not study well; he has become a thief.
Veeru said: You should have asked him to get out
of the house. Soori: No, no; he is only feeding us
and looking after the needs of our family.
03. Jagan: It seems your son-in-law is a mad man. I
heard that he refused to accept new clothes for
the festival and demanded old dresses. Is it so?
Shyam: He is not mad; he is working in
Archaeological department.
04. Interviewing Of icer: How much job experience
do you have? Niranjan: 30 years. Of icer: What
is your age? Niranjan: 25 years. Of icer: Then
how is it possible? Niranjan: I did overtime.
05. Teacher: What is the capital of Turkey? Tinkoo:
I dont know. Teacher (angrily): Tinkoo, you
should concentrate on studies. Tinkoo: Teacher,
can I ask you a question? Teacher: Yes, ask.
Tinkoo: Do you Margaret madam? Teacher: I

06. Andal: Without saying a word, you have

absented yourself from duties for one week. Do
you know how much trouble I underwent?
Servant Maid: Dont allege that I have not
informed; I have updated by going to village in
the Face Book.
07. Lady Beggar: Sir, I have not eaten food for the
past 3 days; please give me a Rupee. Arun: What
will you get for one rupee? Lady Beggar: I have
to check how much weight I have lost during
these days.
08. Wife: Why have got your hair cut so short?
Husband: The barber initially cut it normally;
when I gave him Rs. 100, he did not have change. I
asked him to cut my hair for the remaining
09. Ekalingam introduced his family: This is my
wife Google Queen- if you ask one, she tells ten.
He is my son Face Book Kumar he informs all
our domestic things to all people outside. She is
my daughter Twitter Kumari- entire colony
follows her. She is my mother Whats App Mata -
speaks uninterruptedly throughout the day. I am
Orkut Ekalingam- nobody bothers about me.
10. I am very hungry. What curry did you prepare?
asked Subba Rao, who came from tour. Wife:
Chicken -20. Subba Rao (with watering
mouth): Is it a new dish? Wife: No, I cooked it
20 days back.

Raise your words, not your voice. It is the rain that grows flowers, not thunder Ramesh Kumar Bung.



Sri Gourav Agarwal, IAS All India Topper is being honoured by Sri Ramesh Kumar
Bung at Head Of ice. Sri Umesh Chand Asawa, MD & CEO and other of icers of the
bank present on the occasion.

There was a lecture on Integrated Approach of Yoga Therapy and Stress

Management delivered by Dr. Nagaratna, MD, FRCP (Edinburg), Chief Medical
Of icer, Arogya Dhama, Bangalore. Sri Ramesh Kumar Bung, Sri Umesh Chand Asawa
and other sta participated in the symposium.



Printed and published by Smt. Ranjana Sharma on behalf of

A.P. Mahesh Co-operative Urban Bank Ltd.,
Head Office : III Floor, 5-3-989, Sherza Estate, N.S. Road,
Hyderabad : 500 095, Telangana State, INDIA
Tel.: 040 2461 5296 / 99, 2343 7100 - 7103 & 7105,
Fax : 040 2461 6427
E-mail: info@apmaheshbank.com
Website: www.apmaheshbank.com

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