Posts Tagged ‘Bank’

Top 20 stocks that can give 20% by Citi

Top 20 stocks that can give 20% by Citi

Brokerage house Citi has retained its Sensex target of 20,800 for 2013, and identified 20 stocks that can give 20 percent returns from current levels. “There are challenges on growth, corporate confidence /investment momentum, current account deficit, monetary policy flexibility and near-term earnings. That said, there is greater corporate rationality, some balance sheet de-risking, government policy action, and some pretty decent, well growing and reasonably valued businesses,” said the Citi note to clients. Following are Citi’s 20 picks: Adani Port                 […]



It’s all about CTS 2010- New Cheque Truncation system

It’s all about CTS 2010- New Cheque Truncation system

Many times we come across cheating incidents caused by changing cheque amount or by doing cheque tampering.  In order to prevent this type of frauds & to shorten clearing cycle RBI has taken good initiative of CTS it is now mandatory for banks to issue standardized form of cheuqes as per CTS-2010 standard guideline. This new cheque clearing system will be applicable from 1st January,2013. With this, the bank will not accept all non-CTS cheques (that you issue from your […]



E-fraud – Learning from Crime Petrol story

E-fraud – Learning from Crime Petrol story

Crime Petrol – Dastak is famous TV show on SONY, they show real story behind every crime.  Recently they have shown real case of e-fraud happened at Chennai, India. We are herewith inside story and real learning from this story. Real Story of E-fraud:- Pratiksha 30 year old software engineer based out at Chennai was 7 year old employee of TCS eServe -Tata Consultancy Services  which works for backend operations of the well-known international bank Citibank. Pratiksha got married a few months ago, and her husband is […]