Sunday 30 September 2012

Request for a loan


From
T.Niruba
94 Akila Nagar ,
T.V Kovil,
Trichy-5

To
The branch manager,
Axis Bank-Srirangam,
Trichy-2

Respected Sir,
Subject:Requesting for loan worth 25 lakhs

I (T.Niruba) hold an account in your bank for past 2 years and I have also been the regular customer for ur bank.I wanted to apply for a loan worth Rs 25 lakhs for purchasing a land.I have attached the bank statement , salary slips and also the income statement along with this request letter.I Kindly request you to go through the documents and accept the loan request.
Thanking you
Yours faithfully
Niruba.T

Letter of apology


From
T.Niruba
Regional Manager of Professional Courier,
Coimbatore.

To
Mr.R.Tamilselvan
T.V Kovil 
Trichy .

Respected Sir,
Subject: apology for the badly damaged consignment 

I personally apologize to you for the bad service rendered by us.I will take the complete responsibility to replace your material in good condition or we will pay the equal amount of ur material  which has been badly damaged.we assure you that this mistake will never happen again in our service and we request you to kindly continue your support for us.
Thanking you
Yours faithfully
Niruba.T

Thursday 20 September 2012

QE3 ...The idea behind FED






SUNDAY, 30 SEPTEMBER 2012


Apology Letter


ABC SILKS PVT.LTD
45, West Street,
Velan Nagar,
Salem-636006.
30th September 2012,
Ms Arthi,
68/15, Sagar Road,
Mumbai-400001.


Sub: Apology for delivering damaged goods.

Dear Ms Arthi,


    On behalf of ABC SILKS PVT.LTD, kindly accept our apology for delivering damaged goods. Sorry for the inconvenience caused. Since the mistake lies with us, we take the entire responsibility for the same and will replace the order within a week’s time without any cost implication for you.
    I ensure that this sort of mistakes will not occur in future. You are our valuable customer and hope this does not affect our future business transactions. 
Thanking you
Sincerely,
R.Aishvarya,
Customer relation manager,
ABC Silks Pvt Ltd,
Salem-636006.


                              

Request For Loan


                                                                                                                                       R.Aishvarya,
45,West Street,
Velan Nagar,
Salem-636006.

30th  September, 2012.

Mr. M. Krishnan,
Branch Manager,
Central Bank of India,
Salem-636006.

Sub: Applying loan for purchasing land.

Respected Sir,
  I have been banking with you since four years and maintained higher balance on quarterly basis in my savings account. I wish to apply for a loan of Rs.25 lakhs for purchasing a land near steel plant which has approved by the corporation.
  I herewith attached my bank statement, income and expenditure statement and other necessary documents for the kind action. In case of any clarification contact me. 
Thanking you,
Yours truly,
R.Aishvarya,
Savings A/c No. : A1234BC567
                                                                                                                                              

MONDAY, 24 SEPTEMBER 2012


A day in the life of.....


    When I walk through the street near my college, I saw a woman selling flowers. I felt very happy to get a chance to talk with her. She was around 45 years with 25 years of experience in this business. She is doing this since she was 20.

    
    As like every woman her day starts with usual works like preparing food, taking care of her two daughters and her spouse. After her usual work at home, she works till the late evening. Every day she starts her business by investing some amount of money in purchasing flowers from the wholesale market. And by selling them makes a certain profit out that. 
  
   There are nearly 3 to 4 flower shops around that place.  She believes that customer satisfaction is more important to run a business successfully. This attitude makes her unique. She works seven days a week for the welfare of her family without any break. From the savings, she has educated her daughters well and they are currently working.

    And the interesting thing is that she owns 2 shops around that place which is been taken care by her husband. Wherein he was initially into building contracting, where he lost his hard earned money. Later he also decided to do business along with her. Even during difficult times she was very confident and self motivated in being supportive to her husband. According to her selling flowers gives her immense pleasure and support to her family.
    

     The way she leads her life inspired me. Everyone has to learn such things to make our life happy.....









QE3 Do u all know what it means???This was the most buzzing word over last 2 weeks in U.S…what is the U.S govt going  to do for the unemployment? how they are going to stimulate the economy??How can they avoid the stagnation.The answer for all these questions lies with QE3.
When there is lots of money in the bank(liquidity ratio) people tend to borrow money and try investing in some means and eventually employment will increase .But when money is less in the bank ,there seems to be less development in the country, in this scenario the central bank as a part of monetary policy will launch QE(quantitative easing ) and buy assets and equivalent money will be printed  so that the liquidity ratio increases.
Ultimately what U.S has done is that it has launched QE3 last Thursday (sep 13th) hoping for a good economic condition in the country.But launching this brought the dollar price down to 54.26 yesterday.Euro value has also lost ground as concern about a Spanish bailout.Also analyst believe German economy will slow down in the coming months.





Lets see what happens next week…..until then keep visiting my blog for updation



Tuesday 11 September 2012

Ultimate pricing changes around the world............


The Dollar fell to 55.25 against Indian rupee.On the other hand euro gains against the dollar on tuesday.Euro fell to session low on last tuesday due to change in investors but this tuesday since the German constitutional court has agreed to deliver its ruling on the euro zone's rescue fund it has reached  four-month high against dollar.Indian rupee also strengthened on tuesday(11.9.2012) because of the announcement from the ministry of oil that fuel price should be raised.Asian Market was almost down on tuesday because of the awaited meeting of US Federal reserve policy committee.


      Will the Fed launch QE3??? This has become the major question among many countries,since this affects the dollar value to a greater extent.Upcoming week's progression on EUR/USD mainly depends on the QE3 and also the German Constitutional court's ruling enabling bailouts,if surprisingly the bailouts are rejected it would send euro a hundred points lower.
                               



   If the Spanish aid request is made in this week and eventually approved will lead to the bond buying .These decisions which are about to be taken in this week are about decide about the market.They are expected to rock the Market.....
                           




  Keep connected to know more about the Dollar Price and the Stock market.........:)