Tag: India

Fiinovation (Innovative Financial Advisors Pvt Ltd) Nuclear Energy Safe and Cheap

Is nuclear energy safe is a question mostly asked by people of the developing nations and the answer to that is yes. Apart from small instances and the Fukushima incident in Japan there are no major mishaps that have occurred in the pursuit of nuclear energy for electricity generation which began soon after the discovery in the early 20th century that radioactive elements, such as radium, released immense amounts of energy, according to the principle of mass-energy equivalence. The Fukushima incident in Japan made mankind give a rethink on nuclear power and countries like Italy banned nuclear energy and Germany wants to close down all plants by 2022. Nuclear energy is much safer than other sources of energy especially when we compare with air pollution from coal, the largest supplier of electricity in India and the most dirtiest energy resource claims lives of more 1 lakh every year with almost 30 million people suffering from chronic bronchitis, chest discomforts and asthma attacks. However, nuclear energy which not only saves hydro and renewables but also doesn’t contribute to man-made climate change. >

Till today nuclear energy supplies are about 13% of global electricity and dozens of new reactors are being built in big economies like China, India and Russia. While US and much of the Developed world is in retreat with nuclear energy with new reactors not being developed or are in hold and the old ones are being retired. There is clear role of radioactivity and fear of nuclear accidents for the decline in demand of nuclear energy. The cost is even a bigger factor as the present nuclear reactors that produce inexpensive electricity get stalled due to billions of dollars going over budget in the construction if new plants forcing some utilities to abandon projects in midconstruction. Nuclear plants which have been made with designs from the cold war era actually become more expensive as they scale up. Larger plants require bigger and stronger containment domes that used expensive concrete and steel. Most of the plants outside France is not standardized which meant every reactor was produced made to order. In Fukushima meltdown no one was killed by the cost of accident was $100 billion and you have very expensive way to produce electricity. Cheap natural gas use in US and renewables preferred in much of Europe nuclear remain in decline in the first world countries until it gets cheaper.

However the question remains that can nuclear energy is cheap? Answer to that is yes it can be cheap after the development of entirely new reactor designs which can employ modular, mass-produced components with inherent safety characteristics that eliminate the need for the expensive backup systems that have helped inflate the costs of new plants in the past. Reactors with passive safety systems are likely to much cheaper as well as safer as there is no need to worry if power couldn’t be restored to the plant quickly in the event of disaster.

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The Best Option for You When You Have Property to Put Against the Loan

It can be complicated for you to find a best attached loan package as a
result of increasing number of credit packages obtainable in the
marketplace. It is substantial to find an appropriate attached loan, or
perhaps you will end up disbursing a superior curiosity when you’re able
to get small curiosity rates. You will soon be able to find a attached
loan, if you are passionate to position an additional effort. It really
requires a number of time and willpower to find this advance.

Attached improvements as the name indicates, they are secured by a
definite advantage as in order to guarantee the return of the loan.
Because of an advantage that is applied to lock the advance, banks and
other loan lenders are often more desperate to offer poor costs of
curiosity for these loans.

Searching for the most exemplary attached advance in the India

If you’re an India inhabitant, then earlier than staring for a best
attached advance you involve coming to a decision everything you are
searching for within an advance package. It can be small costs of
curiosity, flexible provisions and conditions, wise regular
disbursements. These are parts of the very exemplary loans from that you
have to come to a decision everything you hope for.

Evaluating the advance quotes

It is easy to judge the curiosity costs and conditions of dissimilar
advance quotes. You only involve looking out for the costs of curiosity
which diverse loan lenders are showing and prefer the lowly one. Then
the individual may kind the improvements with small curiosity and select
the most exemplary attached loan based on the payment provisions and

Which satisfies you the most?

You probably will soon be taking into consideration the discomfort of
planning to every fund lender. Number involve to worry, being an on the
web option comes to set you free. You are able to find out many lenders
and request quotes at the click of a mouse. This accumulates your time
and power. Though, it is always proposed to create a telephone call to
the loan lender in the problem, you’re experiencing any difficulty in
taking the provisions and conditions of a attached loan.

Concerning for the advance

Once an individual has established the loan he or she’s searching for,
you need to discuss it with a loan bureaucrat or a consumer support
spokesperson. This can eliminate your entire problems regarding the
advance. You need to only fill a loan request kind for regarding the

Feeling Breeze Banking Never Felt So Good!

Breeze is a rich interactive and user friendly alternative to online banking that was developed by the Standard Chartered Bank (SCB). Breeze takes the control of your money and keeps it exactly where it should be- with you and nobody else! Breeze was developed in Singapore which is where it is presently available for download from the Standard Chartered Bank website for no charge. It is also presently available for download for customers living in Malaysia.

Breeze was developed in Singapore and is available in both Singapore and Malaysia. The bank is set to release it for download in Hong Kong and India in the very near future. Once Breeze has arrived in Hong Kong and India it will then progress to other areas across the globe.

Breeze is conveniently available as either an internet application or an iPhone application. It will soon also be available as an iPad application. The widely used functions that make Breeze so unique are literally at the tips of your fingers. Whether you choose the internet banking experience or the mobile banking experience, with Breeze you can personalize your preferences and customize the icons and colors to your heart’s content!

Breeze is a new generation online banking platform that was created with the intent of making banking a breeze. Breeze from Stan Chart is available as an iPhone application or as an internet application. You cannot choose both however. Instead choose whether you would like to use Breeze on your computer or on your mobile phone. In the not so distant future Breeze will also be available as an iPad application.

If you have a credit card from any bank in Singapore you can pay it via Breeze. It’s the Breeze banking way and it is very effective and very flexible. Hassle-free bill payments are something you can enjoy with Breeze. You are able to make payments using the unique and sophisticated e-check application.

Some people have lots of banking transactions happening all of the time while others have ones happening less often. Regardless of which category you fall into wouldn’t you like to be able to see what is going on and be able to control your money in your own way and on your own schedule? Breeze makes it possible for you to do just that. There is a See, Move and Manage Your Money section at Breeze that makes money management and control as close to you as your fingertips.

With Breeze, convenience and versatility is only a click away! It is as close as your PC, your laptop or your cell phone. Breeze is user friendly and is easy to figure out. There is no wordy text or computer heavy terminology.

There is no confusing jargon and no need to consult a manual. It is all there for you to simply and easily understand. Breeze has an intuitive interface and is available in plain language. You can personalize your preferences and customize your icons and the colors you wish to use. Now do you feel the Breeze?

Things To Know Before Getting Loan Against Securities In India

There are many types of loan available for your need. You can opt for loan against property, securities, shares, etc. in India. But you need to judge these loans and go through papers and agreement before opting one. But before opting for any type of loan, you need to compare the options and choose the best one that suits you.

Many times, people opt for personal loans from banks and financial institutes but remain unaware of other types of loans. One of these is loan against securities, shares, mutual funds and other financial instruments. In India, many banks, PSUs and other institutions offer these loans in the market. The rate of interest many vary from 12% to 15% depending on the lender.

The method to find out the best loan option is to find the reason and purpose for the loan, cost and time period of the loan amount and lastly mode of loan. Many experts feel that loan against securities and shares have its own advantages and disadvantages.

The interest on loan against security is charged only on utilization of limits sanctioned and only for the number of days it is utilized. This can be used for various reasons like buying a property, personal expenses, marriage, studies and other requirements. One of the cautions that people taking these loans should take not to invest it back to the market. This can be risky factor.

As per guidelines of Reserve Bank of India, a borrower can’t be given more than Rs. 20 lakhs against shares and equity mutual funds depending on value of security used for loan. Also, drawing power of a loan amount depend upon liquidity. For example, debt securities can grant you 80% drawing power.

One of the drawbacks that loan against securities has is market crash. Before borrowing the loan, you should be able to fund the loan account or you should have additional securities. Hence it is advised to borrow a loan amount depending on the ability to repay.

After borrowing the loan, if you want to revise the portfolio and upgrade it, the lender can grant your request depending on terms and conditions of the bank or lending institute.

Before borrowing the loan, you should know the financial instrument that you are using for loan. Banks and lending institutes has list of approved securities against which they offer loan. This may get revised regularly depending on lender and policy and rules in India. In general, almost all lenders offer loan against equity shares, mutual fund units (equity, debt, FMPs), government relief bonds, policies issued by LIC etc. You should check the list before you opt for this option.

If you are looking for short term loan, then loan against securities and shares is viable option provided that you check the amount utilized.

Uttar Bihar Gramin Bank – Grih Laxmi Home Loan Scheme

In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gra…

In 1976, the central government amalgamated Uttar Bihar Kshetriya Gramin Bank and Kosi Kshetriya Gramin Bank (transferor regional rural banks) sponsored by Central Bank of India in the state of Bihar into a single regional rural bank which began to be called as Uttar Bihar Gramin Bank with its head office at Muzaffarpur.

Now area of operation of Uttar Bihar Gramin Bank are the districts of Araria, Katihar, Kishanganj, Darbhanga, East Champaran, Gopalganj, Madhepura, Madhubani, Muzaffarpur, Purnea, Saharsa, Saran, Sheohar, Sitamarhi, Siwan, Supaul, West Champaran and Vaishali in the state of Bihar. Uttar Bihar Gramin Bank sponsored by Central Bank of India, is one of the largest regional rural bank in India in terms of branch network, staff strength and area.

Purpose: This loan finances construction of house, purchase of house, renovation, addition/ alteration of existing house (for permanent employee).

Eligibility: Any permanent employee can avail this home loan.

Quantum of loan: Maximum loan amount shall be 36 times of net monthly income for a salaried person. For renovation /expansion/ alteration loan up to a maximum of Rs. 50,000 may be granted.

Rate of interest: The rate of interest is 12% to 13% per annum.

Margin: There is a margin of 20% for loans for residential purpose.

Repayment: The maximum period of repayment of this home loan is 10 to 15 years.