New Products in the Banking sector.

I have a small financial services office. kindly chck out my website which is below

www.win-win-investments.net.in

I am interested in setting up a DSA for loans and credit cards, as is on my website, complete with tele callers etc. I need to get guys from banks to get in touch with me to help me set up the DSA, with work terms, remuneration terms and work ethic. I am available Mon to Saturday 10 am to 8 pm at my office ..... interested parties please contact me on 9920461063

Willie

Why should one refuse credit to a good project?  One reason could be that the promoter is not credit worthy.  The other reason is that certain activities need to be discouraged.  Third reason could be promoter incompetence.  The idea is that good projects (commercial/technically feasible) should not be refused credit.  If promoter is not credit worthy, we could still offer credit to the project by convincing him that the banker should have a free hand in scaling up the project and induction of other directors (Many promoters lie, since they need funds for other activities also - this can be solved by solving the need for credit also).  I do not believe that we should discourage any activity, as long as they qualify as a good project as above.  Promoter incompetence can also be tackled through the carrot of scalability and therefore, induction of other directors/shareholders.  So why should we refuse credit?

Imagine the extent of confidence and entrepreneurial confidence one finds, if he is sure that his credit needs are met!!

Acceptance of the idea by banking community implies that they manage a separate database of resources and maintain them.  If they take special initiatives in this direction, you have killed two birds with one stone.  You develop talent and resources but also find opportunities for them.  India will then truly be an entrepreneurial economy

It’s a commodity based funding line. Under this product banks offer processors, traders, market intermediaries and farmers for funding against their stock of agricultural commodities. They have service providers in important commodity cluster to reach the customers whichever corner they are in.

Indian automotive industry is truly on the fast lane and so its ancillary activities. Banks offer a program line of credit facility to manufacturers of auto components and vendor of Original Equipment Manufacturers (OEMs).

Structured debt is one area the banks can expand into if the financial sector reforms permit this for Indian PSU banks. Then without a secondry bond market how can one mark to market the losses or gain on a daily or weekly basis. I don't think the RBI has stipulated the captial adequacy requirements for banks in such a scenario. Moreover the rating agencies like CRISIL need to come out with more data about debt allocated. Valuation of structured debt will be difficult without secondry bond market.

Allocating for soverign debt may be for smaller countries in the neighboring countries can be looked into. It can give better rates than reverse repo they take now.

There should be more Insurance firms to support the new products for credit risk mitigation.

Secondry bond market is a necessity for many new products in the banking sector.

Today logistics support has reached new avenues. Logistics companies take care of end-to-end goods support. The same can be funded by funding the first chain & recovering from the last, tying up the financing needs of the entire chain through a single window.