- nelson mandela 67 years of independent india breeze/august...heart and seek their support. it...

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Shriram City - News Letter - Breeze - 1st August 2014

“For to be free is not merely to cast off one’s chains, but to live in a way that respects and enhances the

freedom of others.” - Nelson Mandela

1st AUGUST 2014

As India completes 67 years of independence on 15th August 2014,

Breeze takes the opportunity to wish all SCUFians a very

Happy Independence Day

67 years of Independent India

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It’s time for a quick look at the results posted by Shriram City in the first quarter of the

financial year 2014-15:

Shriram City has posted a Net Profit of Rs. 128 crores, marking a rise of 9% against the Net

Profit of Rs 117 crores in June 2013

Income from Operations rose by 15% to touch Rs 500 crores, as against Rs 436 crores in the

previous year

The total AUM stands at Rs 15,028 crores at the end of June 2014, compared to Rs 14,668

crores at the end of March 2014

The SME product segment accounts for 52% of the total AUM in June 2014, followed

by Two Wheelers at 19%

Recently, Credit Analysis and Research Ltd. (CARE) upgraded Shriram City’s long-term

and medium- term ratings to AA+ from the previous rating of AA. These ratings are applicable

for Shriram City’s Fixed Deposits, NCD Issues (Series II to IX), and Subordinated Debt issues

(Series I, II, and III).

SCUF Performance Highlights

Q1, FY 2014-15

In business, words are words; explanations are

explanations, promises are promises, but only

performance is reality.

- Harold S. Geneen

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People are ethical because of social norms, religious beliefs and laws. Ethical

foundations in an individual define the way he lives his life by differentiating between

right and wrong. It also helps him to behave in a way which improves the situation

directly or indirectly, without harming it at any cost. Ethics have been defined by

relevant governmental, professional, and religious authorities for several domains of

life. However, the article below can be applied to all aspects of our lives.

Ethical people have a high degree of emotional

intelligence. They understand things from multiple perspec-

tives, seeking first to understand than to be understood.

They have strong observatory, listening and analytical

skills which help them to understand things deeply. This quality enables them to win

the trust of others; consequently, people share their problems with them with open

heart and seek their support.

It requires a brave heart to forgive and forget. Ethical people don't hold

grudges for a long time, as they have a tendency to be peacemakers. They move

ahead with life by forgiving and forgetting.

Highly ethical people always want to improve the situation regardless of their

relationship with a person who is in trouble. They do this by taking corrective,

preventive or suggestive initiatives for resolving issues. Corrective approaches ensure

that the problem is solved by doing some specific actions. Preventive approaches

address the root cause of the issue in order to guarantee that such problems do

not appear again. A suggestive approach is used by them to guide others to the

solution, rather than impose an answer.

7 qualities of highly ETHICAL people

1. They are empathic

2. They forgive and forget

3. They are always willing to help

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Ethical people are not hyper sensitive or explosive personalities. Instead, they

possess a cool mind and a soft heart. They avoid frequent mood swings in order to

develop a consistent and stable personality. They have high degree of anger

management skills which further empowers their implosive personality trait.

The wise say that it is better to bend than to break. Ethical people possess a

great deal of flexibility and adapt themselves to the situation. Their continuous

thought process enables them to bend backward a little in order to improve a

situation, instead of turning it into an ego tussle. They avoid being stubborn, and

show a willingness to approach a situation in more than one way.

A lot of people are extremely curious about other people’s lives. This causes

them to talk too much about others, spreading rumours and gossip in the process.

However, ethical people make it a point to mind their own business. They understand

that character assassination is a great sin, so they disregard rumours and focus on

facts.

Too much criticism, and misdirected criticism

are at the root of several social and professional

problems. Ethical people avoid giving criticism in

the normal sense. In case they need to condemn or criticize something, they follow

a positive methodology convey the message gently yet effectively to the concerned

person.

Contd.

4. They are implosive

6. They mind their own business

5. They are flexible and adaptable

7. They do not criticize

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Did You Know Series (DYKS) - 12

PART I – Rules of DYKS

The details and rules of the DYKS are as follows:

Each issue will contain 3 multiple answer questions

All staff members are eligible and are encouraged to reply to the questions

All replies to be sent only to [email protected]

The mails should be sent from the official mail ID of the employee.

The response mail should be as follows:

The name of the staff from whom the first correct response comes will be published in the subsequent issue of ‘Breeze’. This will be for each of the states.

======================================================================

PART II – Answers to Quiz of July 2014 issue

SNo. Required Information Employee Entry / Answer to quiz

1 Employee Name

2 Employee Number

3 Designation

4 Email ID

5 Branch code and name

6 State

7 Answers:1

2

3

SNo Question Answer

1 RTGS stands for (B) – Real Time Gross Settlement

2 How do we validate a mobile

number which is put on UNO for a

customer??

(E) – All of the above (a) It should be available on the “Customer

Signed” application form (b) It should be of 10 digits only (c) A tele-

phonic verification is performed on the number by one of our staff and

a report is held in the file (d) It should not be an existing mobile num-

ber on UNO

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All required documents should be

collected from the customer before

disbursement to facilitate which of

the following?

(E) – All of the above (a) Ensure completion of KYC (b) Ensure ad-

herence to our Credit Policy (c) So that the file can be sent to the de-

pository location as soon as possible (d) We have a legal remedy in

case of non-payment by the customer in future

PART III – Statewise correct responses to Quiz in July 2014 Issue

S.No State No. of responses

1 Chattisgarh 1

2 Gujarat 1

mailto:[email protected]

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PART IV – State wise 1st correct response to Quiz in July 2014 Issue

PART V– Quiz - August 2014

1. Sources of funds for Shriram City Union Finance are

A) Fixed Deposits

B) Savings accounts funds

C) Non convertible debentures

D) A and C above

E) Current account funds

2. We check the following in a bank statement

A) Average balance maintained

B) Cheque bounces if any

C) Any other EMI deduction

D) Regular salary credits/ sales credits

E) All of the above

3. Which of these are Post-disbursement documents

A) Registration Certificate book

B) Insurance Policy document

C) Insurance cover note

D) A and B above

E) A, B, and C above

Contd…

By

Sri D. Srinivasan (Sr. Manager)

BPR, Santhome

S.No State Name

1 Gujarat Jayesh Kansara

2 Rajasthan Manish Kumar Swarnkar

3 Chattisgarh Richa Khandekar

4 New Delhi Neeraj Pandey

5 Uttar Pradesh Sandeep Yadav

6 Punjab Surinder kumar

7 Chandigarh Ravi Prakesh Ojha

8 Tamil Nadu Arul Prakasam D

3 Chandigarh 1

4 New Delhi 2

5 Punjab 1

6 Uttar Pradesh 3

7 Tamil Nadu 1

8 Rajasthan 4

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E is everywhere!

In this world of E-mails, E-tickets, E-papers, and E-recharges,

Never Forget E-shwar (God)

who makes everything easy for everyone everyday.

"E" is the most eminent letter in the English alphabet.

Men or Women don't exist without "E".

House or Home can't be made without "E".

Bread or Butter can't be found without "E".

"E" is at the beginning of existence and the end of trouble.

It's not found at all in war

but twice in peace

It's once in hell but twice in heaven .

"E" is a part of emotions.

Hence, all emotional relations like Father, Mother, Brother, Sister,

Wife, and Friends have "E" in them.

"E" also represents effort and energy.

Hence, to grow from good to better, two "E"s are added.

Neither would we see, hear, smell, or taste as eyes, ears, nose, and

tongue are incomplete without "E".

Hence GO with "E" but without E-GO.

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Editorial Committee

Shri K.Subramaniam

Senior Consultant, CO, Mylapore

Smt M.Subhashree

TED., BSC, Santhome

Sri M.Radhakrishnan

Consultant, BSC, Santhome

Ms. Teena Philip

Business Manager, BSC, Santhome

Communication Address:

Editorial Committee,

(News Letter—Breeze)Shriram

City Union Finance

144, Santhome High Road,

Chennai—600 004

Phone: 044 43925300

Email:

[email protected]

A parting thought…..

In a

gentle way you can

shake the

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