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SCUF—News Letter—Breeze— September 2012

Message from our Managing Director

My dear Colleagues,

I am glad that our company is bringing out a Monthly News Letter - "Breeze" since 1st March, 2010 as a tool to communicate among SCUFians , knowledge sharing

and building up inter-personal relationships.

It is my pleasure to meet you all thro' this column in

the News Letter and introduce my self to all of you.

At the outset let me take the opportunity to greet you all for your fantastic efforts in making SCUF as the fastest growing NBFC in the country. Kudos to all of you for maintaining the asset quality with the blistering

pace of growth.

The support team of accounts/back-office/operations/FI/Legal and credit deserve special praise for giving

timely inputs and backup for the frontline team.

Of course all this is possible because of our best in the industry Finance Team and thanks to them we are able

to go on expanding volumes.

As you are all aware, we are in the close end of first half of FY 2013. I know that the team will be busy in

closing on out the targets for the half year.

Expanding the business base and recovering the dues simultaneously are the twin side of the coin to strengthen the business growth both horizontally

and vertically.

I wish you all the best in your efforts in totality.

I am glad to inform you that shortly we will be coming out with the 2nd public issue "Secured Non-convertible Debentures" (NCDs.) of face value of Rs.1000/- each to the tune of Rs.500 Crs. in aggregate. (Subject to approval from the authorities

concerned).

I fondly hope to repeat our performance in this

" issue " also, as we did last time.

The confidence that We, "ShriamCity " have created in the minds of the clients and public in general, will pave way for our success to grow

further.

This confidence among the investors, financial

institutions, customers and general public has been

created over the last 35 years by the tireless efforts

and sacrifices of our colleagues. It is something

that we need to treasure and maintain the high

standards set by them.

I would like to once again reiterate that for us to survive and keep growing in this extremely competitive market we need to keep repeating to

ourselves one mantra “ Customer is the King

and he is always right ”.

I wish you all good luck for better performance and

good results.

R.DURUVASAN

Define TODAY

This is an Opportunity to Do A work better than Yesterday

Special points of interest:

Messg. from MD

More about ESI

EF Meet

Onam - Photo features

Inside this issue:

Q & A 2

Messg. from TED — ESI 3

Onam Celebrations @ Cochin—Zonal Office 4

Greetings 5

EF—Review Meet 6

Glossary of Acronyms 7

1st September, 2012 Thisai: South Thendral: 06

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1. Question: What is called as the "Roof

of the World"?

Indira Point

Kanchenjunga

Pamir Knot

Indira Col

2. Question: The illustrious names of

Aryabhatta and Varahamihir are associ-

ated with the age of the

Guptas

Kushanas

Mauryas

Palas

3. Question: Who generally acknowl-

edged as the pioneer of local self gov-

ernment in modern India?

Ripon

Mayo

Lytton

Curzon

4. Question: Which Article of the Consti-

tution of India abolishes untouchability

and forbids its practice in any form?

Article 16

Article 17

Article 18

Article 15

5. Question: The idea of Pakistan was

first conceived by

Muhammad Iqbal

M. A. Jinnah

Shaukat Ali

Aga Khan

6. Question: Which of the following

countries has introduced "Direct De-

mocracy"?

Russia

India

France

Switzerland

7. Question: Inflation occurs when

aggregate supply is

More that aggregate demand

Less than aggregate demand

Equal to aggregate demand

None of the above

8. Question: In the budget figures of

the Government of India, fiscal deficit

is :

Total expenditure - total receipts

Revenue expenditure - revenue

receipts

Capital expenditure - capital

receipts + market borrowings

Sum of budget deficit and Gov-

ernment's market borrowings

and liabilities

9. Question: “ Wodeyars “ were the

ruler of:

Princely State of Mysore

Princely State of Travancore

Vijayanagaram

None of these

10. Question: "Black Pagoda" is in

Egypt

Srilanka

Madurai

Konark

11. Question: The meeting of

the Rajya Sabha are presided

over by the

President

Vice President

Prime Minister

Speaker

12. Question: Lunar eclipse

occurs on

A new moon day

A full moon day

A half moon day

both 1 and 2

13. Question: Which of the fol-

lowing crops helps in nitrogen

fixation?

Rice

Wheat

Beans

Maize

14. Question: Detroit in the U.

S. A. is known as the city of:

Motor Car

Lights

Aeroplanes

Rockets

15. Question: The term "Fourth

Estate" refers to

Backward States

Judiciary

Press

Tea Estate

General

Answers in Page 3

Source: “ G K “ Quiz from Internet

3


By

Ms. S. Muthumariamma TED.

ESI benefits for self and dependents

(As per section 46 of the Act )

“ 6 “ Social Security Benefits

(1) Medical Benefit :

Full medical facilities for self and family from day one of entering insurable

Employment;

(2) Sickness Benefit (SB) :

Payment of contribution for 78 days

In corresponding contribution period of

six months.

Extended Sickness Benefit (ESB) :

Same as above.

Enhanced Sickness Benefit :

For 34 specified long term diseases, Continuous insurable employment for

two years with 156 days contribution in four consecutive contribution periods.

(3) Maternity Benefit (MB) : ( as per norms applicable under MB)

(4) Disablement Benefit:

Temporary disablement benefit (TDB) : From day one of entering insurable

employment & irrespective of having paid any contribution in case of death due

to employment injury.

Permanent disablement benefit (PDB) : Same as above

(5) Dependants’ Benefit (DB) :

From day one of entering insurable employment & irrespective of having paid

any contribution in case of death due to employment injury.

(6) Other Benefits :

Funeral Expenses : An amount of Rs. 10000/- is payable to the dependents or to the person who performs last rites from day one of entering insurable employment.

Confinement Expenses : An Insured Women or an I.P.in respect of his wife in case confinement occurs at a place where necessary medical facilities under ESI Scheme are not available.

Answers : Q & A

1. Pamir Knot

2. Guptas

3. Ripon

4. Article 17

5. Muhammad Iqbal

6. Switzerland

7. Less than aggre-

gate demand

8. Total expenditure

- - Total receipts

9. Princely State of

Mysore

10. Konark

11. Vice President

12. A full moon day

13. Beans

14. Motor Car

15. Press

Message from TED

“ Employees’ Provident Fund “

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On 25th Aug 2012

Shri Agnew Chacko ,Vice-President, is lighting the “ Sacred Lamp ”

Shri Arun Venugopal (Legal Dept)

as

“VAMANAN”.

Shri Saneesh

P Murali

(Recovery Dept)

as

“KING

MAHABALI”

By

Shri Rajagopalan “Onam” Celebrations at our Zonal Office, Cochin, Kerala

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Message from TED

6


Enterprise Finance (EF) Review Meeting held

at Santhome Office, Chennai.

on 25.08.2012

Members Present from the Team of :

EF, Audit, Credit and System Dept

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Mail your

views, reviews, feed-back,

suggestions and

comments to

[email protected]

Our members of staff are requested to contribute to our News Letter “Breeze” by way of articles, photos, art work done by them, tips, messg. on special events at their work place, and such other matter of i n t e r e s t f o r

publication.

Glossary of Acronyms

From Editorial Desk:

Communication Address:

Editorial Committee, (News Letter—Breeze)

SCUF, Santhome Office, Chennai—600 004 Phone: 43925300

Email: [email protected]

Editorial Committee

Shri K.Subramaniam Senior Consultant, HO.

Smt M.Subhashree TED., Santhome Office

Sri M.Radhakrishnan

Consultant, Santhome Office

Our News Letter

“Breeze”

can be accessed in

the

following URL:

http://27.251.33.232

AEPS Aadhaar Enabled Payment System

APBS Aadhaar Payment Bridge System

AML Anti Money Laundering

ATM Automated Teller Machine

CBLO Collateralized Borrowing and Lending Obligation

CCIL Clearing Corporation of India Ltd.

CCP Central Counterparty

CDS Credit Default Swap

CTS Cheque Truncation System

ECS Electronic Clearing Services

EFT Electronic Funds Transfer

EMV Europay-MasterCard-VISA

GDP Gross Domestic Product

IDRBT Institute for Development and Research in

Banking Technology

IMPS Interbank Mobile Payment System

INFI-

NET Indian Financial Network

IRS Interest Rate Swaps

KYC Know Your Customer

MDR Merchant Discount Rate

MICR Magnetic Ink Character Recognition

MNO Mobile Network Operator

NECS National Electronic Clearing Services

NEFT National Electronic Funds Transfer System

NPCI National Payments Corporation of India Ltd.

OTC Over the Counter

PIN Personal Identification Number

PoS Point of Sale

PSS

Act Payment and Settlement Systems Act

RTGS Real Time Gross Settlement System

UID Unique Identification

UIDAI Unique Identification Authority of India

WLA White Label ATM

http://27.251.33.232

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