Quel est le meilleur moment pour investir en bourse?

Praveen Dubey

Praveen Dubey, Search Engine Optimization at Tradebizzindia.com (2017-present)

Répondu il y a 46w · L'auteur dispose de réponses 84 et de vues de réponses 73.7k

inside the stock market, timing is not anything -- however time is the whole lot.

it's not unexpected that first-time buyers often worry approximately the timing in their preliminary stock purchases. Getting began at the incorrect factor in the market's u.s.a.and downs can go away you observing huge losses proper off the bat.

however take coronary heart, Fools: on every occasion you first make investments, time is in your aspect. Over the lengthy haul, the compounding returns of a properly-selected funding will upload up nicely, regardless of the marketplace takes place to be doing while you purchase your first shares.

do not waste time

in place of fretting about whilst you have to make that first stock purchase, think rather approximately how lengthy you're making plans to preserve cash in the marketplace. unique investments offer varying ranges of danger and return, and each is high-quality acceptable for a distinct making an investment time frame.

In standard, bonds provide smaller, greater dependable returns for investors with shorter time frames. in step with Ibbotson, quick-time period U.S. Treasury bills yielded more or less three.7% in line with 12 months from 1926 to 2003. (We picked 2003 as an endpoint because it was right after the end of a bear market.) even as this seems rather meager, take into account that inflation changed into nonexistent for most of this era, making a three.7% average annual return pretty attractive until the 1960s.

longer-term authorities bonds have provided slightly better returns: a mean of 5.four% yearly from 1926 to 2003. notably, their profits have been surprisingly risky. in the Eighties, as an example, they back nearly 14% annually, however in the 1950s, bonds lost a mean of nearly four% according to yr.

shares have additionally been excellent to buyers. common, massive-cap stocks have again an average of 10.4% in line with year from 1926 to 2003 -- pretty a piece higher than bonds. especially, the variety of the returns for shares is not that much large than the variety for bonds over the same length. stocks suffered a mild decline within the 1930s, but loved several mainly sturdy a long time as nicely, together with the Fifties (18% common annual return), the 1980s (sixteen.6%), and the 1990s (17.three%).

when will you need the cash?

The longer you have to amass your cash, the more danger you may take delivery of, seeing that you may have extra time to attend out periods of horrific returns.

in case you need the money inside the next five years, you may want to avoid character shares and stock-centric mutual budget. if you need the cash within the next 3 years, you need to additionally keep away from bond mutual finances and actual property investment trusts (REITs), which can drop if hobby rates growth.

With the ones options removed, you've got some alternatives left: buying character bonds or certificate of deposit (CDs) with periods of less than three years, setting your money in a money market fund, or the usage of a financial savings account. each vehicle generates profits while ensuring the go back of your main. the earlier you want the cash, the less you could come up with the money for to lose, proper?

however, shares are a totally attractive option for long-time period goals like retirement. The better returns are without a doubt too suitable to pass up.

whilst to promote

once you've determined what to buy, and when to shop for it, you will next need to decide whilst to cash out. for the reason that bonds essentially promote themselves once they mature, this question in the main applies to shares or inventory mutual finances.

some traders agree with they can "time" the market, as it should be predicting whilst it'll upward push and fall. As a end result, they counsel promoting all of your stocks while the marketplace is about to fall, and buying all of them again whilst the market prepares to upward thrust. alas, if making an investment had been that clean, those identical folks would be sunning themselves on beaches in Acapulco, in place of looking to sell their timing methods to different investors.

Granted, whilst normal economic woes begin to hurt company profits growth, and groups begin to flounder, you would possibly don't forget promoting some of your puffed up, lower-excellent groups. but past that very well known scenario, an accurate gadget for timing the marketplace remains an investor's pipe dream.

Many mutual fund investors are brief to withdraw their coins when returns flip sour. however numerous instructional research have verified that investors who soar from one fund to the next, chasing performance, generally tend to do vastly worse than people who stay placed. Be prepared to stay with a fund thru accurate times and bad -- with one exception.

In an actively managed fund, you've got entrusted your coins to a expert money supervisor. If that supervisor abandons your fund to manipulate some other, his or her replacement won't manage your cash with same ability, and you may need to don't forget promoting. in any other case, a few months of negative fund overall performance are not any purpose to jump deliver.

promoting stocks can present a extra complex set of questions. predominant warning symptoms may also advise that it's an awesome time to sell:

The enterprise's fundamentals trade. Is a brand new competitor rendering its primary products obsolete? Is the business enterprise branching out into areas wildly unrelated to its center abilities, leaving you not capable of recognize the commercial enterprise?

The stock turns into overestimated. Has the market bid the employer's shares as much as unsupportable heights? Is the stock in all likelihood to crash at the slightest bad information? Does the hazard of this kind of tumble outweigh any tax hit you'll take with the aid of selling now?

even as each the ones crimson flags can offer first-rate reasons to promote, a number of the different screaming sirens surrounding the marketplace may be correctly left out.

don't concentrate to the noise

The media will pay meticulous attention to Wall street -- but it tends to awareness entirely on one precise index, assuming that it reflects the whole market. Index is going up? The marketplace is bullish! Index is going down? here comes the undergo market! Index yo-yos backward and forward? Now the marketplace is "risky!"

some investors, especially those keen on technical analysis, look at the american and downs of marketplace graphs to gauge whether or not investors will take the market higher. For silly traders, that is an exercising in futility. successful investing is predicated not on tracking the market as an entire, but on reading the strengths and weaknesses of person corporations. whatever the market's doing in the meanwhile, a buy-and-hold approach to making an investment is the excellent manner to earn reliable lengthy-time period returns.

assessment, evaluate, evaluation

Of path, you can't simply load your portfolio with some shares -- but nicely-chosen -- and forget all about them. Like houseplants, investments need everyday care and attention to flourish. except you've parked your money in government bonds, with their assured quotes of go back, you want to check to your investments often to ensure they are beating the marketplace -- and doing so greater appreciably and much less expensively than different, comparable options.

Reviewing your investments, specially whilst you can have made errors, additionally gives a essential opportunity to study from your errors. each person makes errors now after which, however most a success investors keep away from making the equal goofs twice. Set apart time to study your portfolio at the least once every 3 months, if now not each week. while you should not be glued to the computer display, monitoring your investments minute-via-minute, take into account them completely, both.

beyond the basics

Congratulations -- you've gotten via the Getting commenced a part of making an investment fundamentals! but you are no longer completed yet. there is masses more if you want to research, which includes the 13 Steps to making an investment Foolishly, the way to price shares, and plenty more. cross at your own tempo, take a spoil while it's an excessive amount of, and enjoy getting to know about the silly international of investing

for more about the stock market:-


Sumit Desai

Sumit Desai, De-mystifying investments

Répondu il y a 47w · L'auteur dispose de réponses 206 et de vues de réponses 63.8k


No matter what is the market condition, there will always be winners and losers. So, timing the market is futile. Technically speaking it is always best to buy at the lows and sell at the highs - but how do you decide the highs and the lows - that’s almost impossible.

Two distinct methods of investing always result in profit. They are :

1 - Time Distribution of investment, like in a SIP. You invest money over a period of time in smaller sums. The longer the period, the lesser the chance to lose money. Here, Mutual Funds are the best option.

2 - Detailed analysis of available data with skills to interpret the future trend, projecting the expectations on a practical level. The period does not matter, as the wait to get to the target can vary between a few weeks to few years.

From the above it is obvious that Detailed Analysis is too difficult as there are so many parameters to look into. It is extremely safe to start a SIP today.

Bon investissement !!

Nidhi Sharma

Nidhi Sharma, Equity Research Analyst (2015-present)

Répondu il y a 47w

Hey there is no proper time but there are some basic rules which will help you to select best stocks to invest in-


Règle 1: Business must produce a product or a service for which the demand must grow with time.

Règle 2: Business must produce good quality non-durable goods or service.

Règle 3: Business must be durable competitive and should possess an economic moat.

Règle 4: Business Must have Good Financials.

Règle 5: Pay less #Courtage

En savoir plus

Cliquer ici

Rupali Saxena

Rupali Saxena, Trainer (finance)

Répondu il y a 47w · L'auteur dispose de réponses 111 et de vues de réponses 37.2k

A great time to invest in the stock market is when:

  • You have knowledge to put to use in the stock market
  • You are willing to invest using your knowledge rather than on advices of random people.
  • You have money which you aren't afraid to lose
  • You understand that stock market is not only about profits..its a combination of risk and reward
  • You don’t have to borrow (either from friends or from the broker himself) to invest

Hope you now know when you are ready to invest.

Entering stock market is not only about bear or bull run. It's more about your own mindset. You should be ready to enter on the basis of your own knowledge rather than just to gamble and lose.

Kirthi Ramakrishna

Kirthi Ramakrishna, studied Master of Computer Applications at Jawaharlal Nehru Technological University, Hyderabad (2011)

Répondu il y a 47w · L'auteur dispose de réponses 78 et de vues de réponses 72.1k

I read this question on 22nd November 2017.

Hence according to current situation and according to my view.

Currently globally there is slight disturbance in the Korean Peninsula.

Read this my answer to this question: Is it the right time to invest in the stock market? Is there any possibility of a market crash?

I guess very soon, this will be resolved.

If war takes place, markets will fall down, then you can invest and wait for couple of years to double your money. If no war, then usual growth will continue hence we can make good profits may be double in 3 to 4 years.

This is my plan!!!!!

Gaurav Bansal

Gaurav Bansal, a étudié le MBA en marketing à l'Université Symbiosis International (2012)

Répondu il y a 47w · L'auteur dispose de réponses 456 et de vues de réponses 205.2k


Almost everything has been answered below,

In short if you are asking the best way to time the market, signifies you are a beginner or a seeker.

Hence simply START an SIP

V.A.S. Ragavan

V.A.S. Ragavan, Senior Consultant at MARKWAY CONSULTING (2015-present)

Répondu il y a 47w · L'auteur dispose de réponses 507 et de vues de réponses 237.4k

During a bear run in the market, when investors are getting out and share prices are artificially kept low, if you can identify and pick up those stocks that are fundamentally strong, that is the best time. In other words, when everybody is pessimistic, you are optimistic about the future.

M Mishra

M Mishra, works at Noida, Uttar Pradesh, India

Répondu il y a 47w · L'auteur dispose de réponses 683 et de vues de réponses 239.6k

Best time starts from 9:30 am to 3pm.

No one ever found the right time to invest in market.

It all depends on which stock you buy at what price and at what price you sold. If you made money, then the timing is PERFECT.

So spend time on research about stocks and maintain strict STOP LOSS. Avoid penny stocks unless you are very sure of business. Avoid investing on tips also (including from Quora).

Do your own homework before investing, after all its your money.

Qu'est-ce que le CRR et le reflex?

Vishal Singh

Vishal Singh

Répondu il y a 108w · L'auteur dispose de réponses 154 et de vues de réponses 458.4k

CRR - Cash Reserve Ratio représente un pourcentage de la NDTL (passif net lié à la demande et au temps) de la banque, que la banque doit conserver avec RBI et que la banque ne peut prêter à personne.

Alors, quel est NDTL?

Banque comme types de dépôts 2

  • DÉPÔTS DE DEMANDE : Il s’agit des dépôts que vous pouvez retirer sur votre demande et la banque n’aura aucune obligation ou objection à le faire, si vous avez un compte en banque.

Ex: Compte courant et comptes d'épargne (également appelés CASA)

  • DÉPÔTS TEMPORELS: Il s'agit de dépôts que vous avez effectués et qui ne devraient pas être retirés avant la période mentionnée par la banque. Ce n'est pas que, sur votre demande, ils ne donneront pas l'argent, mais si vous voulez l'argent avant l'échéance des dépôts à terme, vous devrez payer l'amende.

Ex: Dépôts fixes, Dépôts récurrents (également appelés FDRD)

Maintenant, NDTL = RESPONSABILITÉ À L'ÉGARD DE LA DEMANDE ET DU TEMPS, signifie le montant net d'argent que la banque a dans ses dépôts en ajoutant les deux types de dépôts.

Vous pouvez le regarder comme NDTL = CASA + FDRD

Maintenant, en ce qui concerne la définition du CRR, il s’agit du% de NDTL.

Supposons que le NDTL d'une banque soit Rs.100 Cr, c'est-à-dire que la banque possède 100 Cr dans CASA et FDRD combinés. À présent c'est la somme totale que la banque a à prêter aux emprunteurs. ainsi, 4% de 100 Cr. = 4 Cr. Ce 4Cr est CRR.

  • C’est le montant que la banque doit garder avec RBI sous forme d'argent uniquement.
  • Ne peut pas prêter à qui que ce soit, par conséquent ne pas en tirer profit.
  • Les banques ne peuvent investir ce montant nulle part. C'est de la simple monnaie inutilisée.

Pourquoi RBI conserve le CRR?

Supposons qu’il n’existe pas de CRR ni de reflex, de sorte que la banque puisse prêter tout l’argent aux emprunteurs; nous allons donc dire qu’elle a le code 100 Cr. Ndtl et tout prêté maintenant, la banque n'a plus d'argent à prêter. Maintenant, certains déposants qui ont un FDRD de 20 Lakh ou de n’importe quel montant sont venus se retirer, d’où la banque paiera-t-elle.

Disons même que la banque a un montant à payer, mais que se passe-t-il si une situation d'urgence de la banque et de la banque a besoin d'argent? Donc, essentiellement, rbi conserve le CRR afin que, si des circonstances imprévues se présentent, la banque devrait disposer de suffisamment d’argent pour le gérer, elle devrait donc avoir de l’argent en réserve.

SLR - Ratio de liquidité statutaire

Il s’agit également d’une part de NDTL que cette banque doit conserver non seulement en espèces, mais dans tous les cas.

Différence entre CRR et reflex?

Prenons notre exemple précédent, soit NDTL = 100 Cr. , maintenant 4% de cette NDLT est conservé avec rbi, ce qui ne peut être prêté à personne, ne peut être investi et Le CRR ne devrait être qu'en espèces.

Maintenant, SLR est dit 21% de NDTL = 21 Cr.

  • SLR Peut être gardé dans soit sous forme d'argent comptant OU sous forme d'or ou sous forme de gouvernement. liens Le point est qu'il devrait être maintenu sous forme liquide, de sorte que chaque fois que la banque a besoin d'argent, elle puisse disposer d'espèces en remplacement d'or. Donc, ici il n’est pas nécessaire de garder en espèces seulement.
  • En outre, les banques préfèrent ne pas investir dans l’or du gouvernement. titres adossés, pourquoi? parce que s'ils le gardent en espèces, cela ne leur rapportera aucun profit s'ils investissent cet argent en or de G-sec, cela leur rapportera un profit.

si déjà CRR alors pourquoi SLR?

Ceci est une question évidente. Disons que la banque n’a pas de reflex, elle n’a que le CRR qui doit certainement être plus élevé si l’on ne veut pas conserver le reflex.

Ainsi, disons CRR = 25%, les banques doivent maintenant conserver 25% de NDTL avec RBI, sur lesquelles elles ne réaliseront aucun profit, et qu’elles ne peuvent investir nulle part, et qui est CASH.

Cette somme considérable d’argent inutilisé entraînera la perte de la banque, car 25% de leur argent est maintenu inactif et ils ne gagnent rien dessus. Ainsi, pour maintenir leurs bénéfices, ils augmenteront les taux d’intérêt sur les prêts à domicile, les prêts-auto, etc. .

Ainsi, les reflex sont conservés de manière à ce que les banques puissent les garder en sécurité et en tirer un profit, de sorte que l’économie n’ait pas à les payer. Donc, pas beaucoup de CASH de banque est gardé inactif.

Qui vérifie si les banques maintiennent le CRR, le reflex ou non? et si les banques ne sont pas en mesure de maintenir?

RBI surveille si une banque maintient un CRR et un reflex ou non. RBI Contrôles CRR, SLR des banques tous les quinze jours , Si les banques ne maintiennent pas le ratio de réserve, l'amende est imposée au taux bancaire + 3% et donc.

Conclure la réponse en analysant enfin notre exemple:

NDTL = 100 Cr.

CRR = 4 Cr.

SLR = 21 Cr

SO, monnaie nette avec banque restante à prêter = 100 - 4 -21 = 75 Cr.

J'espère que tu as compris !

J'ai essayé d'être aussi lucide que possible.

Btw, CRR actuel = 4% et SLR = 21% (comme, sur la politique bimensuelle de RBI, août 2016)

Aakash Malviya

Aakash Malviya, Ingénieur de formation, aspirateur UPSC

Répondu il y a 81w · L'auteur dispose de réponses 451 et de vues de réponses 555.3k

CRR et SLR sont les deux ratios. CRR est un ratio de réserve en espèces et SLR est un ratio de liquidité statutaire. En vertu du CRR, un certain pourcentage du total des dépôts bancaires doit être conservé dans le compte courant avec RBI, ce qui signifie que les banques n’ont pas accès à ce montant pour toute activité économique ou commerciale. Les banques ne peuvent pas prêter de l'argent à des entreprises ou à des emprunteurs individuels. Elles ne peuvent pas utiliser cet argent à des fins d'investissement. Donc, ce CRR reste dans le compte courant et les banques ne gagnent rien à ce sujet.

SLR, le ratio de liquidité statutaire est la quantité d'argent qui est investie dans certains titres spécifiés, principalement des titres du gouvernement central et des gouvernements d'État. Encore une fois, ce pourcentage correspond au pourcentage du total des dépôts bancaires disponibles pour la banque en question. Comme je l'ai déjà mentionné, l'argent investit principalement dans les titres de l'administration centrale, ce qui signifie que les banques gagnent un certain montant d'intérêts sur cet investissement, alors que le CRR ne rapporte rien.

Regardons cette combinaison de CRR et de reflex. C’est la somme d’argent qui reste bloquée pour des raisons légales et qui ne peut être investie dans diverses autres sources de revenus élevés, comme les prêts, sont des marchés de valeurs mobilières ou d’autres obligations. Cela signifie que cela exerce une certaine pression sur les bilans des banques. Cependant, parallèlement, cet argent reste en sécurité et grâce à ce mécanisme, RBI offre également une sécurité aux déposants qui ont investi de l'argent dans les banques.

Prathap Aarya

Prathap Aarya, a étudié au RC College of Commerce

Répondu il y a 150w

Ratio de réserve de caisse
Le CRR est une partie de la NDTL des banques ou des dépôts qui doivent être conservés dans leurs comptes courants spécifiés tenus avec RBI. Cet argent ne rapporte aucun intérêt. Le niveau actuel de CRR est 4%. Cela signifie que pour chaque dépôt Rs.100 détenu par une banque, il conserve Rs.4 avec RBI. Le CRR, qui est géré toutes les deux semaines, est un outil que la banque centrale utilise pour gérer la masse monétaire et les liquidités sur le marché. Généralement, il est augmenté pour réduire les liquidités en suspens dans le système. RBI réduit le CRR s'il doit augmenter la masse monétaire dans l'économie.

Ratio de liquidité statutaire
Les banques sont tenues d'investir un certain pourcentage de leur temps et de déposer des dépôts à vue dans des actifs spécifiés par la RBI, notamment de l'or et des obligations et titres d'État. En jargon monétaire, SLR est le pourcentage de la dette nette liée à la demande et du temps (NDTL); en d'autres termes, les dépôts bancaires, qui doivent être utilisés pour acheter des actifs spécifiés. Le ratio SLR actuel de 21.5%, ce qui signifie que pour chaque Rs.100 déposé dans une banque, il doit investir Rs.21.50 dans l’une des classes d’actifs approuvées par RBI. RBI souhaite que les banques conservent une partie de l'argent en quasi-espèces afin de pouvoir répondre à toute demande inattendue des déposants en vendant les obligations.
En Inde, historiquement, le taux de SLR des banques a été élevé, car elles doivent supporter le fardeau du déficit budgétaire du gouvernement. Le gouvernement emprunte chaque année auprès des banques pour combler le déficit budgétaire. Une réduction du nombre de points de référence indique que RBI est confiante dans l'engagement du gouvernement en faveur de l'assainissement budgétaire.

Les reflex et les CRR sont considérés comme des réserves. Une exigence plus élevée en matière de réserves, par exemple CRR et SLR, rend les dépôts des banques relativement sûrs tout en augmentant le coût effectif de leurs fonds. En effet, une partie de leurs dépôts est toujours remboursable. L'abaissement des réserves obligatoires augmente les ressources disponibles auprès d'une banque pour prêter.
La différence importante entre CRR et SLR réside dans le fait que le CRR doit être maintenu en espèces, tandis que les reflex peuvent être gérés en espèces ou en actifs, comme le suggère RBI. Les banques ne gagnent aucun retour sur l'argent garé sous la forme de CRR. Cependant, les banques peuvent obtenir des rendements de reflex.

Le ratio de réserves en espèces correspond à un pourcentage des engagements nets au titre de la demande et du temps (NDTL), conformément à la section 42 (1) de la loi RBI, 1934. Le ratio de liquidité légale est exprimé en pourcentage du passif net lié à la demande et au temps (NDTL), conformément à la section 24 de la loi sur la réglementation bancaire, 1949.

Calcul de DTL
Le passif d’une banque peut prendre la forme de dépôts à vue ou à terme, d’emprunts ou d’autres éléments de passif divers. Comme défini dans la section 42 de la loi RBI, 1934, les dettes d'une banque peuvent être envers le système bancaire ou envers des tiers sous forme de dépôts à vue et à terme, d'emprunts ou d'autres éléments divers de dettes. La Reserve Bank of India a été autorisée, en vertu de la section 42 (1C) de la loi RBI, 1934, à classer tout passif particulier et, par conséquent, en cas de doute concernant le classement d’un passif donné, il est conseillé aux banques de s’informer auprès du RBI pour obtenir les précisions nécessaires. .

Passif lié à la demande
Demande Les passifs d'une banque sont des passifs payables à vue. Ceux-ci comprennent les dépôts à court terme, les engagements à vue dans les dépôts d’épargne, les marges sur les lettres de crédit / garanties, les soldes des dépôts fixes en souffrance, les certificats de caisse et les dépôts cumulatifs / récurrents, les transferts télégraphiques (TT), les transferts de courrier (MT), les Les traites (DD), les dépôts non réclamés, les soldes créditeurs du compte de crédit et les dépôts détenus en tant que garantie pour des avances payables à vue. L'argent au guichet et le préavis court de l'extérieur du système bancaire doivent être déclarés en responsabilité civile.

Engagements à terme
Les engagements en terme de temps d'une banque sont ceux qui sont payables autrement que sur demande. Ceux-ci comprennent les dépôts à terme, les certificats de caisse, les dépôts cumulatifs et récurrents, les dettes à terme des dépôts d'épargne bancaire, les dépôts de garantie du personnel, les marges sur lettres de crédit, si elles ne sont pas payables à vue, les dépôts détenus à titre de titres pour des avances qui ne sont pas à vue. et des dépôts d'or.

Autres passifs liés à la demande et au temps (ODTL)
ODTL comprend les intérêts courus sur les dépôts, les factures à payer, les dividendes non versés, les soldes des comptes d’attente représentant des montants dus à d’autres banques ou publics, les soldes créditeurs nets dans le compte courant de la succursale, tout montant dû au système bancaire qui n’est pas assimilé à des dépôts ou à des emprunts . Ces passifs peuvent résulter d'éléments tels que
(i) encaissement de factures pour le compte d'autres banques,
(ii) les intérêts dus à d'autres banques et ainsi de suite.
Si une banque ne peut pas séparer les engagements vis-à-vis du système bancaire du total d’ODTL, l’intégralité de l’ODTL peut être indiquée dans la rubrique II (c) «Autres engagements liés à la demande et au temps» de la déclaration sous la forme «A» et au CRR moyen conservé le par tous les SCB.


Sanjeet, Diplômé en informatique, [email protected], lecteur, observateur.

Répondu il y a 142w · Voté par

Sudhamshu Chandra, Responsable bancaire

Réponse d'origine: Qu'entendez-vous par CRR et SLR?

CRR est un ratio de réserves en espèces. En vertu du CRR, un certain pourcentage du total des dépôts bancaires doit être conservé dans le compte courant avec RBI, ce qui signifie que les banques n’ont pas accès à ce montant pour une activité économique ou commerciale. Les banques ne peuvent pas prêter de l'argent à des entreprises ou à des emprunteurs individuels. Elles ne peuvent pas utiliser cet argent à des fins d'investissement. Donc, ce CRR reste dans le compte courant et les banques ne gagnent rien à ce sujet.

SLR, le ratio de liquidité statutaire est la quantité d’argent investi dans certains titres spécifiés, principalement des titres d’État et de gouvernement central. Le SLR, l’argent investit principalement dans les titres de l’État central.

Asmita Das

Asmita Das, Un photographe par passion

Répondu il y a 88w · L'auteur dispose de réponses 117 et de vues de réponses 573.7k

CRR (Cash Reserve Ratio)

CRR signifie Cash Reserve Ratio. Les banques indiennes sont tenues de conserver une certaine proportion de leurs dépôts sous forme d'espèces. Cependant, en réalité, les banques ne les gardent pas sous forme d’espèces, mais les déposent dans des coffres à monnaie de la Banque de réserve (RBI), ce qui est considéré comme équivalent à la détention d’espèces auprès de la RBI. Ce ratio minimal (c'est-à-dire la partie du total des dépôts à détenir en espèces) est défini par la RBI et est appelé ratio CRR ou Cash Reserve Ratio. Ainsi, quand les dépôts d'une banque augmentent de Rs. 100, et si le ratio de réserve en espèces est de 6%, les banques devront détenir un supplément de Rs 6 avec RBI et la Banque ne pourra utiliser que Rs 94 à des fins d’investissement et de prêt / crédit. Par conséquent, plus le ratio est élevé (CRR), plus le montant que les banques pourront utiliser pour les prêts et les investissements est faible. Ce pouvoir de la RBI de réduire le montant prêtable en augmentant le CRR en fait un instrument entre les mains d'une banque centrale grâce à laquelle elle peut contrôler le montant prêté par les banques. Il s’agit donc d’un outil utilisé par RBI pour contrôler la liquidité dans le système bancaire.

SLR (Ratio de liquidité statutaire)

SLR signifie Statutory Liquidity Ratio. Ce terme est utilisé par les banquiers et indique le pourcentage minimum de dépôts que la banque doit conserver sous forme d'or, de trésorerie ou d'autres titres approuvés. Ainsi, nous pouvons dire qu’il s’agit du ratio de trésorerie et de certains autres titres approuvés par rapport aux passifs (dépôts). Il régule la croissance du crédit en Inde.

Rohit Bhangle

Rohit Bhangle, Scuba Diver, Skiier, Writer débutant dans une entreprise Fin-Tech

Répondu il y a 211w

Il s’agit de systèmes de contrôle quantitatif du crédit utilisés par la banque centrale.

CRR - ratio de réserves de trésorerie - représente le% du montant minimal de liquidités que les banques doivent conserver auprès de la banque centrale.
actuellement 4% en Inde

SLR - Ratio de liquidité statutaire - représente le% de la trésorerie minimale dont disposent les banques pour investir des titres ou des obligations d’État.
actuellement 22.5% en Inde

  • En contrôlant ces%, la banque centrale contrôle l'inflation et la liquidité de l'économie
  • Si elles sont augmentées - les banques doivent conserver plus de liquidités auprès de la banque centrale (via CRR) et du gouvernement (via SLR), ce qui leur permet de prêter moins d'argent aux prêteurs privés et à la population en général,
  • d'où une diminution du crédit (liquidité) ou des capacités d'investissement (difficulté d'obtenir des prêts maison / voiture ou des cartes de crédit, etc.) et donc une augmentation de l'inflation (vous ne dépenserez que des produits de première nécessité au lieu d'un luxe - la demande de produits de première nécessité augmentera - d'où le prix des éléments de base va augmenter)
  • Si elles sont réduites - plus de crédits (crédit) disponibles par les banques - donc plus de liquidités - donc moins d'inflation (réduction des prix due à la réduction de la demande - vous utiliserez du sucre au lieu de jaggery, peut-être des légumineuses, de l'avoine et des céréales au lieu de blé et riz)

Comment les sociétés de cartes de crédit gagnent-elles de l'argent?

John Corbin Qian

John Corbin Qian, T. Rowe Price

Répondu il y a 179w

Il existe plusieurs types de sociétés émettrices de cartes de crédit, car la chaîne de valeur des cartes de crédit est composée (principalement) de trois types d’acteurs différents: les émetteurs, les réseaux et les acquéreurs de commerçants. Pour simplifier, je suppose que par "société de cartes de crédit" la personne qui a posé la question désignait une société telle que JP Morgan Chase ou Bank of America, qui sont généralement des entités qui émettent des cartes de crédit à leurs clients, prennent des risques de crédit et gèrent leurs comptes ( d'où le nom "émetteur"). Notez que certaines sociétés - American Express et Discover - opèrent tout au long de la chaîne de valeur en plus d'être l'émetteur de leurs cartes.

Les émetteurs gagnent de l'argent de trois manières principales:

  • Revenu d'interchange - l'argent que les commerçants paient à la société émettrice de cartes de crédit chaque fois qu'un détenteur de carte dépense avec la carte de crédit de cette société. Il s’agit généralement de 2 - 3.5% du prix d’achat aux États-Unis. Les principales raisons pour lesquelles les commerçants paient les sociétés de cartes de crédit pour acceptation sont les suivantes: les cartes de crédit permettent aux consommateurs de dépenser immédiatement l’argent qu’ils n’ont pas réellement (la société de carte de crédit assumant la responsabilité des pertes si le client ne peut pas payer plus tard, le commerçant est toujours payé) et 1) sont beaucoup plus pratiques que les espèces ou les chèques; ils pourraient donc potentiellement attirer davantage de clients dans une entreprise / accélérer les temps de service / permettre des paiements importants.
  • Recettes de prêt - l’argent que les sociétés émettrices de cartes de crédit perçoivent en frais d’intérêts pour l’octroi de crédits à des clients. Les taux d'intérêt varient en fonction de la solvabilité du titulaire de la carte, entre autres facteurs, et sont généralement indexés sur un taux d'intérêt de base. Étant donné que la majorité des Américains ont d'importantes dettes de cartes de crédit (la dette de carte de crédit est la deuxième plus grande dette du pays, après celle d'emprunt étudiant), il s'agit généralement de la plus grande source de revenus pour la plupart des sociétés émettrices de cartes de crédit.
  • Honoraires - cela inclut les frais annuels sur un plus grand nombre de cartes de primes, les frais de retard de paiement, les frais d'avance en espèces (bien que je suppose que cela pourrait être de l'intérêt?) et d'autres frais divers. Les frais ne représentent pas nécessairement une part importante des revenus d’une société de cartes de crédit.

Aussi loin que le la majorité des revenus d'une société de cartes de crédit provient de, cela dépend de l'entreprise:

  • American express a traditionnellement beaucoup compté sur revenus d'interchange, en générant plus de 50% de ses revenus uniquement à partir de cette source. 20% ou moins de son chiffre d’affaires est prêté. Il s’agit d’une stratégie quelque peu unique, rendue possible par sa position privilégiée sur le marché - de nombreux clients de grande valeur génèrent beaucoup d’argent dépensé par les commerçants avec leurs cartes sans qu’il soit vraiment nécessaire de faire pivoter leur solde et de payer des intérêts. En fait, American Express est extrêmement réticente à prendre des risques en matière de prêts et de pertes potentielles. Par conséquent, elle ne cherche pas délibérément à aller trop loin dans ce domaine. chasse et d’autres sociétés semblent cibler fortement les titulaires de cartes à forte valeur ajoutée d’AXP, il reste donc à voir comment cette stratégie fonctionnera au cours des prochaines années 10. Cela a été extrêmement réussi dans le passé.
  • Capital One et Découvrir ont traditionnellement beaucoup compté prêter des revenus. Ils ciblent les clients relativement plus pauvres et moins solvables et leur accordent de petites lignes de crédit (j'ai entendu dire aussi peu que 300 par mois) et gagnent beaucoup d'argent sur les paiements d'intérêts de ces clients lors de la rotation de leur solde. De toute évidence, ces clients ne dépensent pas beaucoup, de sorte que les revenus d'interchange générés sont assez limités.
  • Les banques traditionnelles comme Citibank, Bank of America, Barclays, etc., sont probablement quelque part entre le spectre des deux options ci-dessus, bien qu’elles soient principalement orientées vers le gain de revenus. prêter des revenus. La raison pour laquelle je les sépare séparément est qu'ils ne ciblent probablement pas un client ayant un revenu aussi faible que Capital One et Discover.

Enfin, en ce qui concerne le type de clients qui génère le plus de revenus / bénéfices:

Je dirais que c’est un client relativement aisé qui dépense au-delà de ses moyens et tourne donc son solde et doit payer des sommes importantes en intérêts, mais n’est pas assez pauvre pour ne jamais risquer de faire défaut à ses paiements par carte. Ce client générerait des revenus d'interchange raisonnables pour la société émettrice de cartes de crédit, ainsi que des revenus de prêt substantiels.

[Note] Tout le contenu écrit dans cette réponse est mon opinion la mieux informée et ne doit pas nécessairement être considéré comme factuel et ne doit absolument pas être considéré comme une représentation des vues de tous les employeurs précédents que j'ai eu.

Vinod Gattani

Vinod Gattani, travaille chez Idea Cellular

Mise à jour il y a 215w

Je me concentre sur les revenus dans cette réponse.

Les parties impliquées dans une transaction par carte de crédit sont:

1. Titulaire de la carte et marchand. - Source d'argent pour les entités inférieures

2. Banque émettrice - L'entité qui émet la carte de crédit au client. Il offre une marge de crédit au consommateur. La responsabilité pour non-paiement est ensuite partagée entre la banque émettrice et la banque acquérante, selon les règles établies par la marque de l'association de cartes. Visa et MasterCard ne sont pas des banques émettrices.

3. Banque acquéreur - Il est chargé d'effectuer les paiements au commerçant. Ils traitent avec des commerçants - leur demande d'accepter leur carte.

4. Réseau (Visa, MasterCard, American Express): lien entre les banques acquéreuses et les banques émettrices. Ces banques ont des relations avec un réseau, plutôt que les unes avec les autres, pour effectuer des achats avec des cartes. Cela permet à une carte émise par une banque communautaire de Pérou être utilisé dans un magasin en Afrique du Sud, par exemple, sans exiger que les banques entretiennent une relation directe entre elles. Les deux plus grands réseaux au monde sont Visa et MasterCard.

American Express est acquéreur, émetteur et dispose de son propre réseau. Les banques peuvent utiliser les réseaux des autres si un accord est trouvé.

Exemple (Entreprises indiennes)
Mr.Kumar veut acheter un téléviseur Sony avec carte de crédit SBI (affiliée à MasterCard). Le commerçant du Sony Showroom glisse la carte de crédit SBI sur une machine fournie par la banque, indique ICICI bank. Dans l'exemple, M. Kumar est le titulaire de la carte, SBI Bank est l'émetteur de la carte, le commerçant est un magasin ou Sony Showroom et ICICI Bank est l'acquéreur et MasterCard est l'association de cartes (Network Company).

La banque acquéreur paie le montant de la transaction du commerçant après déduction des frais d'escompte du commerçant. La banque émettrice paie la banque acquéreur après déduction des frais d’interchange. La banque émettrice collecte le montant de la transaction auprès du titulaire de la carte. Tant l'acquéreur que la banque émettrice versent une commission à Network Company.

En bref, la remise du commerçant est répartie entre la banque acquéreuse (frais d’acquéreur), la banque émettrice (frais d’échange) et le réseau (frais de réseau).

Ainsi, la banque émettrice, la banque acquéreuse et le réseau ont des sources de revenus différentes.

Réseaux de paiement (Frais de réseau):

1. Revenus de service sont principalement constitués des revenus tirés de la fourniture aux clients d’institutions financières de services de soutien pour la fourniture de produits et solutions de paiement.

2. Revenus informatiques sont acquis pour les autorisations, compensations, règlements, accès au réseau et autres services de maintenance et de support facilitant le traitement des transactions et des informations entre nos clients d'institutions financières à travers le monde.

3. Revenus de transaction internationaux sont gagnés pour le traitement des transactions transfrontalières et les activités de conversion de devises. Les transactions transfrontalières surviennent lorsque le pays d'origine de l'émetteur est différent de celui du commerçant. Les frais internationaux sont généralement explicitement facturés au client, en plus du montant de la transaction. Ainsi, les banques acquéreuses et émettrices ne doivent pas partager cette charge. Pour MasterCard (en 2011), les frais de conversion de devise représentaient 0.2% du montant de la transaction et les frais transfrontaliers étaient 0.8% du montant des transactions.

4. Autres revenus Se composent principalement de droits de licence pour l'utilisation de la marque, d'un service optionnel ou d'améliorations produit, tels que la protection étendue du titulaire du compte et les services de conciergerie.

Banque acquéreur

1. Frais d'acquéreur


Composants principaux (plus que 90%):

1. Frais d'échange
2. Frais de retard
3. Frais d'intérêt sur le solde rotatif (solde non payé avant la date d'échéance)

Autres sources:

4. Frais de remplacement de carte
5. Frais de retrait en espèces
6. Frais de recouvrement des clients délinquants
7. Frais annuels des navires membres

Pour la banque émettrice, ses clients entrent dans le produit cartésien des catégories 2 suivantes.
1. Dépenser - {Elevé, Faible}
2. Paiement - {Avant la date d'échéance, Après la date d'échéance, Le non-paiement}

Clients les plus rentables: (Élevé, après la date d’échéance) - Plus de frais d’échange, de retard et d’intérêts.

Sajithkumar Varma

Sajithkumar Varma, travaille chez FINO INDIA

Répondu il y a 137w · L'auteur dispose de réponses 73 et de vues de réponses 423.4k

Par les sociétés émettrices de cartes de crédit, je suppose que vous parlez de la banque émettrice de la carte. Banques pour: Citibank, ICICI, HDFC, etc.

Ce sont les banques qui émettent généralement les cartes au client.

Maintenant, pour comprendre cela, regardons le cycle de vie d’une transaction.

1) La banque vous émet une carte.

2) Vous allez chez un marchand et effectuez une transaction.

3) Vous authentifiez la transaction et la transaction est terminée.

4) La banque du commerçant transmet la transaction à votre banque.

5) Votre banque paie l'argent à la banque du commerçant.

6) Crédit bancaire du commerçant du compte du commerçant.

7) Vous recevez la facture à la fin du mois.

8) Vous payez le montant de la facture et tout va bien.

Revenons maintenant à votre question. Ici, le montant que vous payez à votre banque est identique à celui que vous avez autorisé à débiter de votre compte. Supposons, par exemple, que vous achetiez une boisson fraîche pour 100 Rs et que vous payiez par carte et que ce montant correspond au montant que vous payez à la banque avec votre facture.

Cependant, le montant réel obtenu par le commerçant n'est pas le même. L'économie de base dit que prix de revient + profit = prix de vente.

Le profit est donc la surface partagée avec le reste des parties à la transaction. Ici, nous pouvons supposer que le coût de la boisson était de 95 Rs, le bénéfice net 5 Rs pour vous est de 100 Rs.

Toutefois, lorsque le paiement est effectué par carte, la banque est généralement liée aux marchands. Donc, il serait probablement prudent de supposer que sur ce 5 Rs, les 0.5 Rs seront partagés entre les deux banques de la chaîne.

C'est ce qui constitue le revenu principal pour toutes les banques qui émettent les cartes.

De plus, ils ont de nombreux revenus, qui sont plus ou moins un coût d’opportunité fourni par les clients, comme indiqué ci-dessous:

a) Frais de retrait à un guichet automatique.

b) Frais de retard de paiement.

c) Cash On Call.

d) EMI sur Cash On Call.

e) Convertir en EMI

f) Les coûts de transaction de l’un des frais susmentionnés.

g) Frais de paiement annuels.

Faites confiance à cette aide.

Adhil Shetty

Adhil Shetty, PDG, BankBazaar.com

Répondu il y a 146w · L'auteur dispose de réponses 916 et de vues de réponses 5.6m

Les sociétés de cartes de crédit incluent:

• Liaisons avec les marchands et frais associés

• Intérêts gagnés par les détenteurs de cartes

• Revenu d'interchange sous forme de pourcentage des coûts de transaction

• Frais de carte de crédit, y compris les frais annuels et les frais de retard de remboursement

Les sociétés de cartes de crédit gagnent la gros de leurs revenus des charges d’intérêt, des frais de retard et des frais de transaction d’interchange.

Revenu maximum des clients

  • Ce sont généralement les clients haut de gamme qui ont les cartes or et platine qui offrent des revenus plus élevés à la banque. Ces cartes ont une limite de crédit et des frais annuels supérieurs à ceux de Rs. 5000 à Rs 20,000 un an.
  • Un pourcentage des détenteurs normaux de cartes de crédit qui ne remboursent pas efficacement et finissent par ne rembourser que le montant de leur solde minimum chaque mois contribuent également aux revenus de la banque.

Si vous souhaitez en savoir plus sur le fonctionnement d'une carte de crédit, ce lien peut s'avérer utile ->Comment fonctionnent les cartes de crédit?

Jack Smith

Jack Smith, éditeur de roman à calfornia

Répondu il y a 41w · L'auteur dispose de réponses 249 et de vues de réponses 118.8k

Les cartes de crédit influent sur l'essentiel de leurs liquidités de trois manières: les primes, les frais facturés aux titulaires de carte et les frais de change payés par les organisations qui acceptent les cartes de crédit.

Comment les sociétés de cartes de crédit gagnent-elles de l'argent?

Utilisez les visas à merveille, et vous pouvez limiter la mesure de trésorerie que les sociétés émettrices de cartes de crédit font de vous. Plus vous en comprendrez le fonctionnement, mieux vous pourrez jouer vos cartes.

Le terme "organisations de cartes de paiement" englobe deux types d’activités: les garants et les systèmes.

Les garants sont des banques et des caisses populaires qui délivrent des visas, par exemple Chase, Citi, Synchrony ou PenFed Credit Union. Lorsque vous utilisez une carte de paiement, vous obtenez de l'argent du garant. Les cartes MasterCard Retail portant le nom d'un magasin, d'un distributeur de gaz ou d'un autre revendeur sont normalement émises par une banque sous contrat avec le revendeur.

Les systèmes sont des organisations procédant à des échanges de visas. Les principaux systèmes aux États-Unis sont Visa, les cartes de crédit, American Express et Discover. American Express et Discover sont les deux systèmes et les contributeurs.

Lorsque vous utilisez un Traitement de carte de crédit, L’argent se déplace électroniquement entre de nombreuses mains, du bailleur de fonds à la banque de l’expéditeur, en passant par le système. Le système veille également à ce que l'échange soit crédité sur le bon détenteur de la carte avec l'objectif que votre garant peut vous facturer.

Depuis quelque temps, l'une des banques privées new-age envahit le secteur des cartes de crédit. Un de mes clients m'a demandé pour quelle raison nous avions un si grand nombre de sociétés émettrices de cartes de crédit. La raison en est qu'il s'avère plus difficile de choisir la bonne carte de crédit. En Inde, seules les banques peuvent offrir un Traitement de carte de crédit. Par organisations de cartes de paiement, je veux dire les banques, y compris leurs complices, les bureaux de promotion, les opérateurs de transactions, etc. De 10,000 foot see, c’est une entreprise altruiste. Une banque émet une carte de paiement au client. Le client utilise la carte et la banque accorde un crédit impermanent. Le client paie la facture et c'est tout. De toute évidence, la principale source de salaire des banques est le paiement des primes s’il devait se produire un report de paiement de la charge de la carte de paiement. Malheureusement, ce n'est pas valide.

Kenneth Hardy

Kenneth Hardy, Écrivain, photographe, professionnel

Les sociétés émettrices de cartes de crédit disposent d’un certain nombre de moyens pour gagner de l’argent, notamment:

  • Frais (frais annuels, frais hors limite, frais de retard, frais d'avance en espèces)
  • Intérêts sur la dette renouvelable que nous portons avec eux
  • Une réduction du prix d'achat des marchands auprès desquels nous effectuons nos achats (varie de 1 à 4%).
  • Commission de vendre les noms des détenteurs de cartes à d'autres pour que plus de gens puissent colporter leurs cartes et leurs marchandises

Les sociétés de cartes de crédit gagnent beaucoup d'argent. Le chiffre d’affaires total du secteur des cartes de crédit a atteint près de 155 milliards de dollars. Même avec la faiblesse de l’économie, les consommateurs dépensent moins pour leurs cartes de crédit. Dans 2011, les sociétés émettrices de cartes de crédit ont réalisé un chiffre d’affaires de près de 2010 de l'ordre de milliards de dollars provenant des comptes de cartes de crédit. Les sociétés émettrices de cartes de crédit ont généré plus de millions de dollars 164 grâce aux frais de 20.

Depuis que la loi sur les cartes de crédit est entrée en vigueur il y a quelques années, ce chiffre a chuté de façon stupéfiante. Maintenant, ce que vous savez peut-être que je n’avais pas fait à ce moment-là, c’est que la dette de carte de crédit est une dette non garantie. Cela signifie que les sociétés émettrices de cartes de crédit ne peuvent légalement rien faire pour récupérer leur argent si un détenteur de carte refuse de payer les frais qu’elles ont engagés avec son argent. Cependant, vous ne ressentez pas ce sentiment si vous cessez de faire vos paiements. Cliquez ici…. Comment les cartes de crédit gagnent-elles de l'argent?

What is the exam pattern of the CMA Foundation on Dec 17?

Tushar Bharti

Tushar Bharti, studied Computer Science at Indian Institute of Technology, Delhi

Répondu il y a 57w · L'auteur dispose de réponses 92 et de vues de réponses 44.4k


Institute of Cost and Works Accountants is one of the leading financal schools in India. Since its inception in 1959, the institute has contributed a lot by producing a bunch of scholars in the world of finance and business. The institute holds the distinction of being one of the premier financial institutions in India.

If you’re undecided as to which field would better suit you, then have you ever thought of ICWA? Today every private firm is keen on appointing a cost accountant that would promote and monitor the financial information from every department of the firm. If you think that you’re good at all the above mentioned areas then Cost Accountancy and ICWA CMA is the option to go ahead with.

To be a cost accountant is not so easy a job as it sounds. You need to clear all three levels of the ICWA CMA exam. The ICWA CMA exam conducted by the Insititute of Cost Accountants of India (ICAI) consists of three stages (Foundation / Intermediate/ Final).

Every year, ICWA appoints the best students for its cost accountancy course. Through the test, the institute judges the comprehensive understanding of students in areas like cost and financial management, communication skills and capability to maintain a fine balance between expenditure and the means. The examination is held twice a year i.e. one in the month of June and another in December.

Admission to ICWA CMA Qualification:-


Eligibility for Admission:-

a) Class 10 or equivalent exam from a recognized education higher secondary school board or institution.

b) Senior Secondary examination under 10+2 scheme of a recognized board or an examination recognized by the central government as equivalent thereto or should have passed the National Diploma in Commerce Examination directed by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education.

c) Students awaiting their result can also apply for provisional admission.


Eligibility for Admission:-

a) Should have passed Senior Secondary School examination (10+2) and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine arts/Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute.

b) Should have passed Foundation of ICSI/Intermediate of ICAI by whatever name called along with class 10+2.

c) List of other eligible qualifying examinations is given under Annexure VI of prospectus.

d) Students waiting for their result can also apply for provisional admission.


Eligibility for Admission:

a)Passed Intermediate

b) Graduation in any discipline except Fine Arts or equivalent.

c) Candidates who have passed all eight papers of the CMA intermediate course are eligible to apply for CMA Final Course examination.

ICWA Registration / Application Form

ICWA 2017 Online Application Form / Registration:-

Individuals wishing to apply for ICWA CMA exam(Foundation/ Intermediate/ Final) are required to apply online on Institute of Cost Accountants of India online student registration system.

ICWAI Online Application Form

ICWA Exam Dates

ICWA 2017 dates

The entrance exam for ICWA is held twice a year i.e. in the month of June and December. Candidates wishing to apply for ICAI Foundation examination for December term are required to apply latest by 30th June of the same year. At the same time candidates wishing to apply for June term are required to apply before 31st December of the previous year.

Registration for ICWA intermediate examination is open throughout the academic year. However those wishing to apply for June term are required to do so before 30th November of the previous year and those wising to apply for December term examination are required to do so before 31st May of the same year.

Paper Pattern

ICWA 2017 Paper Pattern:
Syllabus 2017 – Foundation Course:

Paper –1 - Fundamentals of Economics and Management
Paper –2 - Fundamentals of Accounting
Paper – 3 - Fundamentals of Laws and Ethics
Paper – 4 - Fundamentals of Business Mathematics & Statistics

ICWA Preparation

Candidate should keep one thing in mind that CMA is a professional course hence success can only be achieved if practical approach is adopted. Mugging out thoroughly the whole night before the exam won’t work. Try to make proper time table for your studies and ensure that you are implementing the time table. Make such a schedule for preparation that you can easily allocate 2-3 hrs to each subject. Keep changing your time table such that you don’t get bored of following same schedule. Make sure that you refer to only those study materials by the institute.

ICWAI | CMA Foundation exam pattern : The entrance exam for CMA is held twice a year i.e. in the month of June and December. The Foundation Examination for CMA will consist of multiple choice questions (MCQ) and will be conducted in online mode. There are 2 sessions Morning and Afternoon. Morning session contains paper 1 & 2. Afternoon session contains paper 3 & 4.

ICWAI | CMA Foundation Exam Pattern For June 2017

ICWAI | CMA Foundation exam pattern : Total Questions : 100 (Multiple Choice Questions)

Maximum Marks : 100 (Each Question will carry 1 Mark).

There will be no negative marking for wrong answers.

ICWAI | CMA Foundation exam pattern for all subjects

Following table shows the allotment of marks for each subject:

ICWAI | CMA Foundation Exam Pattern For June 2017

ICWAI | CMA Foundation exam pattern : Following table shows the allotment of marks for each subject:

Paper 1 : Organization & Management Fundamentals
[One paper: Three Hours – 100 marks]

Section I : Organization — 30%

  1. Nature and functional areas of organization

Organizational structures.

Functional areas of business and their operations

Activities of different functions

Formal & informal organizations: principles of organizations

Criteria for grouping


2. Schools of Organizational theory

Classical, behavioural and systems

Current trend and approaches

Behaviour in organizations

Role of behavioural science weightage- 10%

3. Organizational Management

Objectives ( missions, goals and targets)

Conflicts between objectives

Appropriate strategy formulation

Determinants of culture

Different models available for categorizing cultures

Different models of organizational model managementavailable to achieve goal congruence. Weightage- 10%

Section II : Management — 70%

4.Human resource management

Human resource plan

Human issues relating to recruitment, dismissal, retirement and redundancy

Activities of different functions

Models of Human Behaviour and Motivation and itsapplications (Taylor, McGregor, Maslow, Hertzberg etc).

Training & development.

Development and design of reward system weightage- 20%

5.Management of Relationship

Process of Management covering planning, organizing,staffing, directing, motivating, communicating andcontrol

Concept of power, authority, responsibility anddelegation

Characteristics of leaders and managers

Management Style theories

Contingency approach weightage- 20%

6.Management of Change

Stages & Process of Management change

Structural change & Cultural change

Approaches to the management of organizationaldevelopment

Importance of managing critical period of change

Ways of handling these periods of change weightage- 15%

7.Pattern of Management

Broad policies and functions

Structural pattern of Board of Directors.

Concept of public sector, social objectives, publicsector management

Current management thoughts weightage- 15%

Paper 2 : Accounting
[One paper: Three Hours – 100 marks]

1.Basics of Bookkeeping and accounting

Definitions and its usefulness

Financial Accounting principles, concept and convention – measurement of business income

Position statement

Accounting Standards – national and international ( basic knowledge) weightage 10%

2.systems of Bookkeeping

Double entry system, books of prime entry, subsidiarybooks

Recording of cash and Bank transactions

Preparation of ledger accounts

Preparation of trial balance — interpretation andusefulness weightage 10%

3.Bank Reconciliation statements

Need for reconciliation between cashbook and bank passbook and problems relating to the preparation of bankreconciliation statements. Weightage %

4.Accounting System

Concept of capital, revenue, deferred revenue expenditures, opening entries, closing entries, adjustmententries and rectification entries.

Accounting treatment for bad debts, reserve for baddebts and other adjusting entries.

Depreciation- significance, accounting and variousmethods of calculation of depreciation.

Concept of single entry system, conversion of singleentry system into double entry system of accounting.

Preparation of receipts and payments accounts, incomeand expenditure accounts.

Significance of reserves and provisions.

Bill of Exchange, consignment and joint venture weightage 25%

5.Elements of Cost Accounting

Basics of cost and management accounting:

Evolution of cost accounting and managementaccounting, cost concepts and cost object,

Cost classification, cost organization and its relationshipwith other departments.

Elements of cost and cost determination.

Material cost-purchase procedure, store keeping andstock control, pricing issue of material and accountingthereof, perpetual inventory and physical stock taking,identification of slow, non-moving and fast movingitems, ABC analysis, JIT system, level of inventoriesand economic order quantity, analysis, investigation and corrective steps for treatment of stock discrepancies – control through othermeans.

Labour costs – remuneration methods, monetary and non-monetary incentive schemes, payroll procedures, labouranalysis and idle time, measurement of labour efficiencyand productivity, analysis of non productive time and itscost, labour turnover and remedial measures, treatmentof idle time and overtime.

Direct expenses – nature, collection, classification andtreatment of direct expenses.

Overheads – nature, collection and classification.

Production overheads – collection, apportionment,absorption, use of predetermined recovery rates,treatment of under and over absorption, fixed, variableand semi variable overhead, report for control ofoverhead cost.

Administration, selling and distribution overheads –analysis, accounting and control, treatment ofmiscellaneous items in cost accounting. Weightage 15%

6.Cost Sheets

Cost data collection

Cost Sheet formats

Preparation of cost sheets. Weightage 15%

7.Behaviour of Costs

Fixed & Variable costs

Direct & Indirect costs

Cost Behaviour for decision making

Marginal Costing and Break Even Analysis weightage 20%

Paper 3 : Economics and Business Fundamentals
[One paper: Three Hours – 100 marks]

A. ECONOMICS (60 marks)


Basic Concepts of economics

The Fundamentals of Economics & EconomicOrganizations

Utility, Wealth,

Basic Elements of Supply and Demand, elasticity


Theory of Production

Cost of production weightage 10%


Forms of Market

Perfect competition and Imperfect competition

Pricing in perfect and imperfect competition weightage 5%


National Income

Produit National Brut

Net National Product

Measurement of National Income

Economic growth and fluctuations

Consumptions, savings and investments weightage 5%


Theory of Employment

Type of unemployment

Concepts of full employment

Labour and Population theories

Definition of capital and growth of capital

Steps in capital formation weightage 5%



Definition and functions of money

Quantity theory of money

Inflation and effect of inflation on production anddistribution of wealth

Control of inflation

Rentrée d'argent

Liquidity preference and marginal efficiency

Rate of interest and investment weightage 10%




Functions and utility of Banking

Principle of commercial banking

Essentials of sound banking system

Multiple credit creation

Functions of Central Bank

Weapons of credit control and money market

National & International Financial Institutions weightage 10%


Commerce international

Basic feature of export and import

Competitive advantage of trade weightage 5%


Finance publique

Direct and indirect taxes

Principle of taxation

Effect of taxation on production and distribution

Deficit financing system weightage 10%

B. Business Fundamentals (40 marks)


Type of Business Unit

Sole proprietorship, Partnership, Companies,Cooperatives

Hindu Undivided Family

Joint Stock Companies

Public Utilities services

Entreprises d'État

Limited Liability Partnership weightage 10%


Company Organization and Management

Types of companies and their formation

Incorporation and commencement of business

Memorandum of Association, Articles of Association and Prospectus

Shares and debentures

Board of Directors and General Meeting weightage 10%


Business Objectives

Concept and rationale of social responsibility

Business and its environment, interface with legal,political, economic, social and cultural aspects weightage 5%


Stock Exchange and its workings

Dealers and brokers transactions

Economic significance, condition of membership

Role of stock exchanges , Depository participant weightage 10%


Business Communication and Report Writing. weightage 5%

Paper 4 : Business Mathematics and Statistics Fundamentals
[One paper: Three Hours – 100 marks]



Average, mixtures

Ratios and proportions

Computation of interest

Discounting of bills weightage 10%



Real and imaginary number, rational and irrationalnumber

Set theory and simple application of Venn diagram

Truth table and its applications

Indices and surds

Variation, Logarithms

Permutations and Combinations

Intérêts composés

Linear simultaneous equations ( 3 variables only)

Quadratic equations

Solution of linear inequalities ( by geometric methodonly)

Weightage 15%



Area and perimeter of triangles, circles, parallelogram,regular polygon

Volume and surface of cube, prism, cylinder, pyramid,cone, and spheres ( including zone and segments)

Weightage 15%


Co–ordinate Geometry

Plain co–ordinate Geometry ( Rectangular Cartesianco–ordinates only)

Length of line segments, Section ratio

Gradient of a line, equation of straight line, Circles,parabola, ellipse and hyperbola ( standard forms only)

Weightage 10%



Constant &Variables, Functions, Limit & Continuity

Differentiability & Differentiation, Derivatives and theiruse, Successive & partial differentiation

Maxima & Minima, Maxima & Minima under constraintusing Lagrange transform

Indefinite Integrals: as primitives, integration bysubstitution, integration by part

Definite Integrals: Evaluation of standard integrals, asarea under curve

Applications of Calculus

Weightage 15%


Méthodes statistiques

Data tabulation and presentation, frequency distribution

Measures of Central Tendency ( Mean, Median, mode)

Measurement of Dispersion ( range, mean deviation, standard deviation, variance)

Measures of Skewness & kurtosis

Weightage 35%

Prabhat Rathi

Prabhat Rathi, Business and Operation Head, AfterGraduation

Répondu il y a 57w · L'auteur dispose de réponses 1.1k et de vues de réponses 1m

The CMA Foundation Dec 2017 exams will be held on 10, 11, 12 and 13 December 2017. Interested and eligible candidate can apply for CMA Foundation Dec 2017 exams before the last date, Oct 10, 2017.

The Foundation Examination will be conducted in descriptive (Pen & Paper) Offline mode only. Each paper will be of 3 hours duration and of 100 marks.

Foundation Course Examination for Inland Centres Rs. 1200/- and for Overseas Centres US $ 60. Govt. of India has implemented GST w.e.f 1st July 2017, by virtue of which the examination fees of the Institute are subject to GST. Accordingly, members are requested to add GST @ 18% on exam fees payable by them to the Institute.

CMA Foundation Dec 2017 Exam Time Table and Other Details - AfterGraduation

What is the difference between the cash flow statement, the balance sheet, and the income statement? Why is the cash flow statement important?

Peter Baskerville

Peter Baskerville, a étudié le commerce et la comptabilité à la Queensland University of Technology

Répondu il y a 334w · L'auteur dispose de réponses 1.8k et de vues de réponses 12.7m

There are three (3) key financial statement that are typically produced for a business. They are:

  • Bilan (also known as the Statement of Financial Position) which describes the financial strength of a business at a particular point in time. That is, it identifies the net worth of the business in the value of the equity section as well as provides insights into the financial leverage (information about the funding arrangements of the business, be it internal or external), the liquidity (information about the ability of the business to pay its bills as they are due) and asset management (information about the efficiency of management's use of the business assets).
  • Compte de résultat (also known as the Statement of Financial Performance) which describes the financial sustainability of the business. That is, it identifies the profit or the excess (or otherwise) of revenue over the costs of earning that revenue for a particular period. It also provides information relating to the adequacy of the selling prices (via the gross profit %) and the sufficiency of the profit in relation to the owner's investment (via a Return on Investment calculation). The net profit for the period appears in the equity section of the Balance Sheet as current earnings.
  • État des flux de trésorerie which describes the source and application of funds received and dispensed during the reporting period by comparing the opening balances with the closing balances on cash or cash equivalent accounts. The cash flow statement ties together all the details from the income statement and the balance sheet to give you a summary of the overall picture of your cash inflows and outflows. In particular, it reports on the inflow and outflow of cash in relation to your operating activities, investing activities and financing activities. The cashflow statement informs decision makers about the movement of cash funds between where the cash funds came from and how those funds have been used.

The purpose of all financial statements is to provide appropriate information to internal and external decision makers who need to make decisions about the allocation of resources within their control. As you can see by the descriptions above, each of the financial report provides unique, accessible and necessary information to help decision makers choose the best possible resource allocation option.

Tara Hagan

Tara Hagan, accountant turned advertiser, @tarahagan

Répondu il y a 140w · L'auteur dispose de réponses 60 et de vues de réponses 518.2k

Income statement: Shows how much you made (revenue) and how much you paid (expenses) over the year, say from 1/1/2015-12/31/2015

Balance sheet: Shows how much stuff you own (assets) and how much stuff you owe (liabilities) as of the end of the year, say 12/31/2015

Cash flow statement: Sometimes your income statement doesn't match the cash coming in and out. For example,

  • You're a magazine business and sold a 2 year subscription for $30. The income statement for the year will just include $15 as revenue for the year. The cash flow statement will include $30.
  • You took out $100 loan. It hits the balance sheet as debit cash, credit liability and hits the cash flow statement as receiving $100 for financing activities. But it won't appear on the income statement.

Why investors, shareholders, depositors, government regulators, and bank managers need all three.

  1. Income statement answers - Is this business doing well? Did this business make money this year or did it spend more than it made? Did it make more money this year than it did last year? What is this business spending money on? How much do they pay employees?
  2. Balance sheet answers - Does this company have a lot of debt? Does it have enough cash on the balance sheet to pay for the debt? What does the company own - real estate, equipment? What does the company owe - debt?
  3. Cash flow statement answers - How does this company use cash? Does the company invest its cash into new equipment? Or is the company staying afloat by taking out loans and selling off assets? The company said they are profitable, but does the cash match that or could the company be making up income?

Philip de Vroe

Philip de Vroe, 10+ years delivering business simulations and finance training programs

Répondu il y a 79w · L'auteur dispose de réponses 283 et de vues de réponses 158.2k

There are three financial statements:

  • The balance sheet, an overview what we own and what we owe at a point in time.
  • The income statement, an overview of the profit or income that you generate during a period.
  • The cash flow statement, an overview of how much cash you generate, and where you spend your cash during a period.

As the cash flow statement explains how much cash has come in and gone out during a year, and what the sources and uses of this cash flow were, you could see the cash flow statement as an explanation of how the cash balance (one of the most important assets) has developed between two balance sheets.

A useful metaphor is to see the cash balance as the water level in a bathtub at a point in time. Cash flow is how much cash has come in through the taps minus what flowed out during a period. So if you check the water level in the bathtub at 9 PM and at 9:05 PM, then those are two balances. If the water level has risen during those five minutes, you have a net cash inflow. If the water level dropped, you have a net cash outflow.

What you see in a cash flow statement should be a direct reflection of a company’s strategy. Is the company spending enough to build its unique and sustainable competitive advantage? Are customers willing to pay for the products and services that the company supplies? Is the company able to reward its investors for the risk they have taken, by paying a dividend? These and other questions can be answered by analyzing a cash flow statement.

Understanding cash flow is a key element of “getting the picture” of a company. As an investor, analyst, employee or supplier, it is advisable to understand both the actual numbers of past years, as well as the intent going forward.

Krys Smith

Krys Smith, Gestionnaire de contenu chez InvoiceBerry.com

Répondu il y a 107w · L'auteur dispose de réponses 791 et de vues de réponses 528.9k

These three terms - cash flow statement, balance sheet and income statement - are major financial statements. And it is crucial to understand the difference between them.

Alors, le état des flux de trésorerie is divided into three parts: operations, investing, and financing. The operations part lists how much cash inflows and outflows have been generated by the business product or services. The investing part is related to equipment, buildings or short-term assets. The financing part includes debts, loans and dividends.

The balance sheet is a company’s financial position at a certain point of time that includes the company’s assets, liabilities, obligations, and the business owner’s involvement.

The income statement is a financial statement that reports a company’s financial performance over a specific time period. Financial performance means a summary of how the business perform with its revenues and expenses and what the net profit/loss of the company is. It is also known as the profit and loss statement or the statement of revenue & expense.

Answering your second question about why the cash flow statement is important, I would say that it is important because business owners, investors and stakeholders should know the company’s cash flow, where it came from and where it went, to be able to build business strategy.

Vous devriez également vérifier this blog post to see other explanations of important invoicing terms to make sure you know all of them and the difference between them.

What is the difference between the cash flow statement, the balance sheet, and the income statement? Why is the cash flow statement important?

Jessica Chen

Jessica Chen

Répondu il y a 225w

To get the best picture of a company's financial performance and health, it' s crucial to study all three financial statements together. Below is a quick breakdown of the purpose of each statement, key things to pay attention to, and popular metrics that stem from each.

Cash flow statement:

  • Why? Looks at how cash has come in and how it has been spent.
  • Pay attention to: Cash flows from operating are extremely important because it shows how much money comes from regular operations. This number is calculated by beginning with net income from the income statement, adding back non-cash expenses (like depreciation) and adjusting for changes to current assets and current liabilities. This number answers questions of profitability according to GAAP, and whether or not the company is actually making cash from operations.
  • Popular metric: Free cash flow is calculated by subtracting capital expenditures from net cash from operations showing how much money the firm generates after money is invested to keep it running and growing, and is popularly used to evaluate pricing for IPOs.

What are key metrics in a cash flow statement and what do they mean?

Balance sheet:

  • Why? Gives a snapshot of a company's overall financial condition at a point in time (also known as statement of financial position)
  • Pay attention to: Equity is a good place to start on the balance sheet because business owners strive to increase the value of their ownership stakes. Technically, it is the difference between a firm's assets (what is owned) and liabilities (what is owed). Keep in mind that though total equity may increase, individual shares of ownership may not be so comparing how the equity changes relative to number of shares is a better indication. Assets = Liabilities + Equity.
  • Popular metric: Working Capital = Current Assets - Current Liabilities. Positive working capital is needed to continue operations, but the amount depends on the size, growth, and seasonality of the business. Too much can also potentially mean that not enough capital is invested to grow the business.

What are the key metrics in a balance sheet and what do they mean?

Income statement:

  • Why? Provides sales and profitability trends for a specific period (also known as profit and loss statement)
  • Pay attention to: How the company presents their earnings. Many use non-GAAP measures of earnings which portrays some expenses as only one-time. These minor adjustments can hide a company's true bottom line.
  • Popular metric: Net margin = net profit / revenue. It is the percentage of every sales dollar the company pockets after all expenses have been paid. While many focus on a company's sale performance, net profit margin accounts for how much money a company may be losing even if sales are increasing.

What are the key metrics in an income statement and what do they mean?

Mitesh Tilokani

Mitesh Tilokani, M.B.A. (Fin.)

Répondu il y a 109w · L'auteur dispose de réponses 364 et de vues de réponses 352.1k

The Balance Sheet:

The Balance Sheet presents the financial position of a company at a given point in time. It is comprised of three parts: Assets, Liabilities, and Shareholder’s Equity.

Actif are the economic resources of a company. They are the resources that the company uses to operate its business and include Cash, Inventory, and Equipment.

Les Passif section of the Balance Sheet presents the debts of the company. Liabilities are the claims that creditors have on the company’s resources.

Les Équité section of the Balance Sheet presents the net worth of a company, which equals the assets that the company owns less the debts it owes to creditors. In other words, equity is comprised of the claims that investors have on the company’s resources after debt is paid off.


  • Companies incur debt to obtain the economic resources necessary to operate their businesses and promise to pay the debt back over a specified period of time. This promise to pay is based on a fixed payment schedule and is not based upon the operating performance of the company.
  • Companies also seek new investors to obtain economic resources. However, they don’t promise to pay investors back a specified amount over a specified period of time. Instead, companies forecast for a return on their investment that is often contingent upon assumptions the company or investor makes about the level of operating performance.
  • An equity holder’s investment is not guaranteed, it is more risky in nature than a loan made by a creditor. If a company performs well, the upside to equity-holders is higher.

The Income Statement:

The Income Statement presents the results of operations of a business over a specified period of time (e.g., one year, one quarter, one month) and is composed of Revenues, Expenses and Net Income.

Revenu: Revenue is a source of income that normally arises from the sale of goods or services and is recorded when it is earned.

Dépenses: Expenses are the costs incurred by a business over a specified period of time to generate the revenues earned during that same period of time.

Net income: The Revenue a company earns, less its Expenses over a specified period of time, equals its Net Income. A positive Net Income number indicates a profit, while a negative Net Income number indicates that a company suffered a loss.


Income Statement measures the success of a company’s operations; it provides investors and creditors with information needed to determine the enterprise’s profitability and creditworthiness.

The Cash-flow Statement:

Statement of Cash Flows presents a detailed summary of all of the cash inflows and outflows during the period and is divided into three sections based on three types of activity:

Cash flows from operating activities: Includes the cash effects of transactions involved in calculating net income.

Cash flows from investing activities: Basically, cash from non-operating activities or activities outside the normal scope of business. This involves items classified as assets in the Balance Sheet and includes the purchase and sale of equipment and investments.

Cash flows from financing activities: Involves items classified as liabilities and equity in the Balance Sheet; it includes the payment of dividends as well as issuing payment of debt or equity.


Income Statement provides information about the economic resources involved in the operation of a company. However, the Income Statement does not provide information about the actual source and use of cash generated during its operations. That’s because obtaining and using economic resources doesn’t always involve cash.

Greg Sonzogni

Greg Sonzogni, COO at TGG Accounting

Mise à jour il y a 69w

The three standard statements of most financial packages include the Balance Sheet, the Income or Profit & Loss (“P&L”) Statement, and the Cash Flow Statement. The P&L is often considered the most important and relevant statement by most owners, managers, and analysts, however the astute accountant can make a strong argument about why the Balance Sheet is really the most important statement of the three. And then there is the Cash Flow Statement, often overlooked, usually misunderstood and skimmed over with a fleeting glance, but a very critical and integral part of the financial statements. The Cash Flow Statement is the “new kid on the block” that was first required on the financial statements of public companies in 1988, but is an integral part of financial reporting that ties the other reports together for a complete picture of a company’s financial health. It tells owners and other financial statement users one very important thing – how much cash the company generates.


A company can choose to use the direct method or indirect method of presenting the cash flow, however both methods provide the same general synopsis. How much cash the company started the period with, how the company spent its cash, how the company received its cash, and the ending cash balance available for future investment or distribution to owners. As you can see these are some very important issues.

The three common classifications on Cash Flow Statements include cash provided or used in:

  • Operating Activities – Revenue-generating activities of the business entity, they include cash effects of transactions by which net profit or loss is determined.
  • Investing Activities – Typically activities involving the acquisition and sale of fixed assets (i.e. and, building and equipment) but can also include stocks and other investments if not held for resale as a primary business activity.
  • Financing Activities – Activities which change the size and the composition of owners’ capital or changes in debt. (i.e. contributions, distributions, stock issuance and purchase, and debt).


Cash can come from both internal and external sources, and the Statement of Cash Flow helps companies and investors separate and observe the differences and extent of the cash inflows and outflows. Internal, as opposed to external cash sources, provide a company with successful attributes and assurances that include:

  1. Preventing and monitoring company debt
  2. Preventing unnecessary expenditures from interest, late payment penalties and debt costs
  3. Ensuring timely investment and cash available for investment opportunities
  4. Ensuring timely payment of expenses and debts
  5. Most importantly – ensuring a level of regular business income without relying on outside investment or cash borrowing.

Effectively managing and monitoring cash flows serves many purposes. The most significant reason is to provide owners and managers insight into the company’s cash position. This knowledge better equips management to make informed decisions about regular business operations, the need for further investment in the business, and capital from equity or debt partners. Cash management is something most businesses of all sizes struggle to perfect. While the Cash Flow Statement is by no means the only method of monitoring cash flows, it is an integral part of the reporting statements and should not be overlooked by the financial statement users.

À partir du The Importance of the Cash Flow Statement - TGG Accounting

CA Yash Mantri

CA Yash Mantri, More than 5 years

Répondu il y a 285w

Balance Sheet: Statement of Assets and Liabilities on a particular date, For Eg.: 31/12/2012

Income Statement: Statement of Sales, Purchases, Income and Expenses only for that financial period to which it belongs to. Actual flow of cash doesn't affects this statement. For Eg.: 01/01/2012 to 31/12/2012. It includes transactions related to "Nominal Accounts"

Cash Flow Statement: Reports Actual inflow and outflow of cash.related to income, expenses, assets or liabilities. Purpose of this statement is to find out the closing cash balance with the business at the end of the year, i.e.measuring the liquidity position of any business.

CA Yash Mantri

What is the work of the Reserve Bank of India?

Muhammad Saaquib Ansari

Muhammad Saaquib Ansari, A civil engineering student

Répondu il y a 97w

RBI plays an important role in Indian economy. The RBI as the leader of the Indian money market and as the India’s Central Bank performs the following useful functions:

Acting as Note-issuing Authority

The authority for the issuance of currency (other than one rupee coins/notes and subsidiary coins) in India is Reserve Bank of India. For the purpose of note issue, at present it has to keep a minimum reserve in foreign securities and in gold. It can however, dispense entirely with the holding of foreign securities if circumstances so require.

Acting as a Banker to the Government

The RBI transacts the banking business of both the Central and the State Governments. It is entrusted with the management of the public debt and the issue of new loans of Governments. It also holds the cash balances of the government free of interest. Besides, it sells Treasury Bills whenever necessary on behalf of the Government. It also gives advice to both the Central and the State Governments for raising finance for development plans. The RBI acts as adviser to Government on various banking and financial matters. It also helps the Government to remit the funds from one place to another.

Acting as a Banker to the Other Banks

The RBI acts as a banker to other banks. It keeps a certain percentage of their deposits as reserve and gives them rediscounting facilities against some specified bills and furnishes advances against government securities. It also gives them free remittance facilities. Against these facilities the scheduled banks are required by law to keep a certain percentage of their deposit liabilities as reserve.

Règlement monétaires

The RBI controls the volume of bank advances to implement its monetary and credit policy. It possesses various methods of credit control such as the Bank Rate Policy, Open Market Operations, Variable Reserve Ratio, Selective Credit Controls, etc. At present, it has been implementing the policy of controlled expansions of bank credit.

Supervision and Control of Commercial Banks

The Banking Regulations Act 1949, has empowered the RBI to supervise and control the operations of the commercial banks regarding their, paid up capital and reserves, licensing, branch expansion, cash balance, liquid assets, submission of periodical reports to the RBI, suspension of business etc.

Maintenance of Exchange Value of the Rupee

The RBI has also an important role to play in the maintenance of the exchange value of the rupee. For this purpose, it is entrusted with the custody and management of the country’s international reserves. It acts also as the agent of the government in respect of India’s membership control in accordance with the Government’s trade policy.

Development and Promotional Functions

With the progress of the economy, the RBI has been undertaking various development functions relating to mobilization of savings, extensions of banking facilities in the un-banked centers, finance for agriculture and industries, protection of depositor’s interest through deposit insurance., etc.

Control of the Activities of Non-banking Companies and Other Institutions

Recently, the RBI has been empowered to lay down the regulations regarding the acceptance of deposits from the public by non-banking companies and institutions. It can also demand the statement regarding such deposits from these institutions.

Implementation of the Plans

The RBI also gives its opinion to the Governments on economic and financial matters relating to the implementation of the Plans. It assists the government in undertaking deficit financing, maintaining price stability and providing credit for the priority sectors.

Autres fonctions

The other functions relate to the regular publication of reports on banking and currency, conducting the clearing houses, developing bill markets, appointing committees and commissions on various economic aspects of the country, etc.

Monetary Policy of RBI (Or How RBI controls inflation)

The Monetary Policy of RBI is not merely one of inflation control through credit restriction, but it has also the duty to see that legitimate credit requirements are met and at the same time credit is not used for unproductive and speculative purposes. RBI has various weapons of monetary control and by using them it hopes to achieve its monetary policy.

Quantitative Credit Control Methods

In India, the legal framework of RBI’s control over the credit structure has been provided under the Reserve Bank of India Act, 1934 and the Banking Regulation Act, 1949. Quantitative credit controls are used to maintain proper quantity of credit or money supply in market. Some of the important general credit control methods are:

1. Bank Rate Policy

Bank rate is the rate at which the Central bank lends money to the commercial banks for their liquidity requirements. Funds are provided either through lending directly or discounting or buying money market instruments like commercial bills and treasury bills. Increase in Bank Rate increases the cost of borrowing by commercial banks which results in the reduction in credit volume to the banks and hence declines the supply of money. Increase in the bank rate is the symbol of tightening of RBI monetary policy. As of April 05, 2016, the Bank Rate stands at 7%.

2. Cash Reserve Ratio (CRR)

The Cash Reserve Ratio (CRR) is an effective instrument of credit control. Under the RBl Act, 1934 every commercial bank has to keep certain minimum cash reserves with RBI. The RBI is empowered to vary the CRR between 3% and 15%. A high CRR reduces the cash for lending and a low CRR increases the cash for lending. The present CRR is 4%on and from 05.04.2016.

3. Statutory Liquidity Ratio (SLR)

SLR is used by bankers and indicates the minimum percentage of deposits that the bank has to maintain in form of gold, cash or other approved securities. Thus, it can be said that it is ratio of cash and some other approved liability (deposits). At present it is 21.25%.

Both Cash Reserve Ratio (CRR) and SLR are instruments in the hands of RBI to regulate money supply in the hands of banks that they can jump in economy. SLR restricts the bank’s leverage in pumping more money into the economy. On the other hand, CRR, or cash reserve ratio, is the portion of deposits that the banks have to maintain with the Central Bank to reduce liquidity in banking system. Thus CRR controls liquidity in banking system while SLR regulates credit growth in the country. The other difference is that to meet SLR, banks can use cash, gold or approved securities whereas with CRR it has to be only cash. CRR is maintained in cash form with central bank, whereas SLR is money deposited in government securities.

4. Repo And Reverse Repo Rates

Repo means Sale and Repurchase Agreement. Repo rate is the rate at which the Reserve Bank of India lends money to commercial banks in the event of any shortfall of funds. Repo rate helps commercial banks to acquire funds from RBI by selling securities and also agreeing to repurchase at a later date. Repo rate is used by monetary authorities to control inflation. In the event of inflation, RBI increases repo rate as this acts as a disincentive for banks to borrow from the central bank. This ultimately reduces the money supply in the economy and thus helps in arresting inflation. RBI takes the contrary position in the event of a fall in inflationary pressures. Repo and reverse repo rates form a part of the liquidity adjustment facility.

Reverse repo rate is the rate that banks get from RBI for parking their short term excess funds with RBI. Repo and reverse repo operations are used by RBI in its Liquidity Adjustment Facility. RBI contracts credit by increasing the repo and reverse repo rates and by decreasing them it expands credit. Current Repo rate is 6.5% and Reverse repo rate is 6%

Bank rate usually deals with loans, whereas, repo or repurchase rate deals with the securities. The bank rate is charged to commercial banks against the loan issued to them by RBI, whereas, the repo rate is charged for repurchasing the securities.

5. Open market operations

It refers to buying and selling of government securities in open market in order to expand or contract the amount of money in the banking system. This technique is superior to bank rate policy. Purchases inject money into the banking system while sale of securities do the opposite. During last two decades the RBI has been undertaking switch operations. This policy aims at preventing unrestricted increase in liquidity.

Selective / Qualitative Credit Control Methods

Under Selective Credit Control, credit is provided to selected borrowers for selected purpose, depending upon the use to which the control try to regulate the quality of credit - the direction towards the credit flows. The Selective Controls are:

Ceiling On Credit

The Ceiling on level of credit restricts the lending capacity of a bank to grant advances against certain controlled securities.

Exigences de marge

A loan is sanctioned against collateral security. Margin means that proportion of the value of security against which loan is not given. Margin against a particular security is reduced or increased in order to encourage or to discourage the flow of credit to a particular sector. It varies from 20% to 80%. For agricultural commodities it is as high as 75%. Higher the margin lesser will be the loan sanctioned.

Discriminatory Interest Rate (DIR)

Through DIR, RBI makes credit flow to certain priority or weaker sectors by charging concessional rates of interest. RBI issues supplementary instructions regarding granting of additional credit against sensitive commodities, issue of guarantees, making advances etc.


The RBI issues directives to banks regarding advances. Directives are regarding the purpose for which loans may or may not be given.

Action directe

It is too severe and is therefore rarely followed. It may involve refusal by RBI to rediscount bills or cancellation of license, if the bank has failed to comply with the directives of RBI.

Moral Suasion

Under Moral Suasion, RBI issues periodical letters to bank to exercise control over credit in general or advances against particular commodities. Periodic discussions are held with authorities of commercial banks in this respect.

Shweta Gulati

Shweta Gulati

Répondu il y a 165w

Réponse d'origine: What are the functions of the RBI?

I will rather describe the function of a central bank in an economy.
It is not a holistic answer .It covers one function and will add on to the answers given above.

Central Bank has a powerful weapon in the form of monetary policy through which it keeps a check on Government functioning.
Any Government before elections advocate as a guardian of common man and it promises to keep inflation low.
But according to Philips curve, there is this relation between inflation and Unemployment.

What is the work of the Reserve Bank of India?

Though it wants to control inflation but it also wants to decrease unemployment.
Ironically as per curve they against each other. So party in power gives high priority to unemployment and hence looses on inflation.
It is here Central Bank ,RBI, keeps check on inflation through monetary policy. And by the way,if you see what Raghuram Rajan has been doing all these months you will find the rationale in the answer.

Vijay Subburaj

Vijay Subburaj, Lifeline of all countries, no country can survive without the system

Répondu il y a 194w · L'auteur dispose de réponses 156 et de vues de réponses 681.7k

Réponse d'origine: What are the functions of the RBI?

Main functions of RBI
Monetary Authority:

  • Formulates, implements and monitors the monetary policy.
  • Objective: maintaining price stability and ensuring adequate flow of credit to productive sectors.

Regulator and supervisor of the financial system:

  • Prescribes broad parameters of banking operations within which the country's banking and financial system functions.
  • Objective: maintain public confidence in the system, protect depositors' interest and provide cost-effective banking services to the public.

Manager of Foreign Exchange

  • Manages the Foreign Exchange Management Act, 1999.
  • Objective: to facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India.

Issuer of currency:

  • Issues and exchanges or destroys currency and coins not fit for circulation.
  • Objective: to give the public adequate quantity of supplies of currency notes and coins and in good quality.

Developmental role

  • Performs a wide range of promotional functions to support national objectives.

Fonctions connexes

  • Banker to the Government: performs merchant banking function for the central and the state governments; also acts as their banker.
  • Banker to banks: maintains banking accounts of all scheduled banks.

Sahil Vanita Kumar Jain

Sahil Vanita Kumar Jain, Founder & Director at Vanita Sales Corporation (2017-present)

Répondu il y a 107w · L'auteur dispose de réponses 292 et de vues de réponses 826.5k

Réponse d'origine: What are the functions of RBI?

  • Issue of Bank Notes: The Reserve Bank of India has the sole right to issue currency notes except one rupee notes which are issued by the Ministry of Finance. Currency notes issued by the Reserve Bank are declared unlimited legal tender throughout the country.This concentration of notes issue function with the Reserve Bank has a number of advantages: (i) it brings uniformity in notes issue; (ii) it makes possible effective state supervision; (iii) it is easier to control and regulate credit in accordance with the requirements in the economy; and (iv) it keeps faith of the public in the paper currency.
  • Banker to Government : As banker to the government the Reserve Bank manages the banking needs of the government. It has to-maintain and operate the government’s deposit accounts. It collects receipts of funds and makes payments on behalf of the government. It represents the Government of India as the member of the IMF and the World Bank.
  • Custodian of Cash Reserves of Commercial Banks: The commercial banks hold deposits in the Reserve Bank and the latter has the custody of the cash reserves of the commercial banks.
  • Custodian of Country’s Foreign Currency Reserves :The Reserve Bank has the custody of the country’s reserves of international currency, and this enables the Reserve Bank to deal with crisis connected with adverse balance of payments position.
  • Lender of Last Resort: The commercial banks approach the Reserve Bank in times of emergency to tide over financial difficulties, and the Reserve bank comes to their rescue though it might charge a higher rate of interest.
  • Central Clearance and Accounts Settlement : Since commercial banks have their surplus cash reserves deposited in the Reserve Bank, it is easier to deal with each other and settle the claim of each on the other through book keeping entries in the books of the Reserve Bank. The clearing of accounts has now become an essential function of the Reserve Bank.
  • Controller of Credit: Since credit money forms the most important part of supply of money, and since the supply of money has important implications for economic stability, the importance of control of credit becomes obvious. Credit is controlled by the Reserve Bank in accordance with the economic priorities of the government

Arundathi Amaresh

Arundathi Amaresh, former Relationship Manager at Right Horizons Financials

Répondu il y a 175w · L'auteur dispose de réponses 146 et de vues de réponses 333.3k

Réponse d'origine: What are the functions of the RBI?

Bank of Issue.
It is charged with responsibility of issuing notes. Privilege of note issue is the monopoly of central Bank, considering three important views while issue of notes - uniformity, elasticity and security.

Banker, Agent and Advisor to the Government.
It conducts banking accounts of government departments and enterprises. Advises on all important financial matters and also performs certain functions for and on behalf of the government, such as makes and receives payments. Adviser to the government regarding financial and economic matters, such as suitable monetary policies in times of boom and depression, also in the matters of public borrowing.

Banker's Bank.
Central bank acts as the custodian of the cash reserve for the commercial banks. Commercial banks are required by law or customs, and certain proportion of money is collected from public and kept in central bank as deposits, known as cash reserves. They can draw currency from central bank during busy season and pay in surplus during slack season.
Commercial banks look for guidance and directions from central bank.

Custodian of the Foreign Currency Reserve of the country.
Under gold standard, the central banks were required by law to maintain gold reserves against note-issue. And now, after the abandonment of Gold standards, the central banks are supposed to keep both gold as well as foreign currency reserve against note-issue.

Lender of the Last Resort.
By this, it means, central bank assumes the responsibility of meeting directly or indirectly all reasonable demands for financial accommodation from the commercial banks, discounts houses and certain other credit institutions. Central bank is the ultimate source from which the commercial banks can get emergency credit to meet the demand for cash on the part of the panic-stricken people.

Central clearance, Settlement and Transfer.
Central bank keeps the cash balances of all commercial banks, as its easier for the member banks to adjust their claims against each other in the books of central bank. For example; if Bank A has a cheque for Rs.1,000 on bank B which has a cheque for Rs.1,500 on bank A, the easiest way to clear and settle the two claims is for bank A to a cheque to bank B for an amount of Rs.500 on the central bank. Apart form economy in the use if money, much of labour and inconvenience, associated with the individual system of clearance and settlement, is removed.

Controller of Credit.
Probably the most important of all the functions, is they of controlling the credit operations of commercial banks. In modern tines, bank credit has become the most important source of money in the country, relegating coins and currency notes to a minor position. As a controller of credit, central bank attempts to influence and control the volume of bank credit and also to stabilise business condition in the country.

Supervisory functions.
The Reserve Bank Act, 1934, and the Banking Regulation Act, 1949 have given the RBI wide powers of supervision and control over commercial and cooperative banks, related to licensing and establishment, branch expansion, liquldity of their assets, management and methods of working, amalgamation, reconstruction and liquidation.

Promotional Growth.
With economic growth assuming a new urgency since independence, the range of the Reserve Bank's functions have steadily widened. The banks now perform development and proportional functions, which, at one time, were regarded as outside the normal scope of central banking. The Reserve bank was asked to promote the banking habit, extend banking facilities to rural and semi-urban areas, and establish new specialised financing agencies.

Sohail Sayyad

Sohail Sayyad

Répondu il y a 107w

Réponse d'origine: What are the functions of RBI?

Functions Of RBI —

  • Monetary Authority

Formulate implements and monitors the monetary policy for maintaining price stability keeping inflation in check.

  • Issuer of Currency

RBI issues and exchanges currency as well as destroys currency which is not fit for circulation.

  • Banker and Debt Manager to Government.

performs merchant banking function for the central and the state governments also acts as their banker.

  • Banker's bank and supervisor.

maintain the banking accounts of all scheduled banks and acts as banker of last resort.

  • Regulator of the Banking System.

responsibility of regulating the nation's financial system..

  • Manager of Foreign Exchange.

RBI manages forex under the FEMA- Foreign Exchange Management Act, 1999.

  • Regulator and Supervisor of the Payment and Settlement Systems.

RBI focuses on the development and functioning of safe secure and efficient payment and settlement.

  • Developmental Role.

RBI performs a wide range of promotional functions to support national objectives. Under this it setup institutions like NABARD, IDBI, SIDBI, NHB, etc.

How do we use BHIM App?

Rakesh Chauhan

Rakesh Chauhan, CEO/Owner (2016-present)

Répondu il y a 67w · L'auteur dispose de réponses 119 et de vues de réponses 33.7k

UPI , BHIM and Samsung Pay all this three are payment technology that people are using now to make their easy and quick. UPI and BHIM is a payment service under Government of India and Samsung Pay developed by Samsung. As Government of India aims to make Digital India and a corruption free India so we have now three major options to choose. All these three are secure and enables you all to pay bills, fund transfer, balance enquiry and many more. The working principles of all are similar but lay some slight differences. So today in this article we will inform you among UPI, BHIM and Samsung Pay which one is better.

How do we use BHIM App?

BHIM is an improved version of all UPI apps Resources and Information. is easy to use as compared to other mobile wallets app. It offers a very clean interface through which users can easily create VPA (Virtual payment address) with their registered contact number. This app directly linked with bank accounts that differ it from other e-wallets app.

Features of BHIM:

  • You can use this app to do a transaction with any bank.
  • You don’t need to add any payees to transfer fund.
  • It is available in 12 different languages.
  • It is developed with an easy and friendly interface.
  • Transfer money with the receiver mobile number.
  • It allows instant funder transfer.
  • Merchant will cash back on every transaction and users will earn Rs.10 for every successful transaction.
  • You can transfer money to the save contacts in the phone.
  • You can also make payments by scanning QR codes.
  • It has strong authorization level as you can authorize a transaction using your UPI pin or fingerprint.
  • You can use this app in any version of Android operating system.
  • It is free from any type of transaction charge.
  • It works well even you don’t have data connection.
  • You can check every detail of your bank account using this app.

Source: - UPI Vs BHIM Vs Samsung Pay which one is better?

Prashant Chaudhary

Prashant Chaudhary, Marketing at PayU

Répondu il y a 92w · L'auteur dispose de réponses 346 et de vues de réponses 553.5k

Réponse d'origine: Why should we use the BHIM app?

  1. Pour transfert money: send / request / scan&pay. It takes away the pain of loading money into the wallet and then sending it to someone. With BHIM, I can pay directly from my bank account. Same is the case while requesting, I can now directly receive money into my bank account.
  2. Non Internet, aucune issue: I can use *99# (USSD payments). Easy to use, internet not required. Here is how it works: Prashant Chaudhary's answer to How do I use *99# for a transaction?

There are reasons why I will not use the BHIM app but let’s leave the negatives aside for now.

Ranjan Kumar

Ranjan Kumar, a étudié à Indian Institute of Technology, Kharagpur

Répondu il y a 85w · L'auteur dispose de réponses 108 et de vues de réponses 439.7k

Réponse d'origine: What is the BHIM Payment App and how does it work?


In 2016, India faced a major economic reformation with demonetization and to help the country in re-monetizing, PM Modi introduced a new app called BHIM, which is a mobile app that claims to be everything that the cashless citizens of India want.

The e-wallet contributed well in re-monetizing the country where a very small percentage of the population is aware of e-wallets. Right now, this money wallet is efficiently fulfilling the general requirement of common men.

What is BHIM?

BHIM is created and launched by NPCI, and it is aimed at spreading awareness in the rural India about the cashless economy.

One of the biggest advantages of BHIM’s that - it is directly supported by the Indian government and money transfers don’t require any sort of third party interference. The app needs just your fingerprint, and that is why consumers like it a lot.

The purpose of BHIM app

The sole purpose of introducing this app was to simplify the online transactions, and it truly does that. The interface is quick, easy, and secure, plus internet connection is not compulsory with this E-wallet. You can transfer the money from your bank account to any other bank account in one click. The points given below will elaborate how you can transfer the money:

How to transfer money using this app

1. At first, you need to download the App from the Google PlayStore or Apple App Store.

2. Click on the “Open” button.

3. Select the language you prefer. BHIM is supporting Hindi and English as for now, but we are expecting more additions soon.

4. Add the mobile number which is linked to your bank. An OTP will be sent to verify the mobile number and phone’s state, in order to find out the UPI address.

5. Next tap on “Let’s Get Started.”

6. After the verification, enter your four-digit passcode or PIN for BHIM app. It will be used when you use your App.

Add your banking details to BHIM app

1. If you already have a UPI account, your data will be automatically fetched.

2. If you don’t have a UPI account, you need to fill in the last six digits of the debit card number and the expiry date.

3. For those who have two UPIs, they need to enter one at a time. For switching to another account, you will have to disable the first one, then go to the “Bank Select Option.”

A lot of people still don’t have access to smartphones in India. For them, the BHIM app has a quick solution - Just dial *99#. This code detects the user’s account and then starts the account verification. After the verification is successfully done, you can see the account details and do the transaction.

Once the installation process is done, you can send and receive money even in the absence of internet.


Some more related questions you might have:

Ranjan Kumar's answer to How do we use BHIM App?

All the FAQs about BHIM app:

Ranjan Kumar's answer to What is the maximum limit to transfer in a BHIM app?

It is based on UPI:

Ranjan Kumar's answer to What is the UPI payment system?

Ranjan Kumar's answer to What are the features of UPI - Unified Payment Interface?

How UPI is different from NEFT, IMPS, And MMID

Ranjan Kumar's answer to What is the difference between newly launched UPI and existing IMPS?

Looking for alternate options?

Ranjan Kumar's answer to Tez App customer care number helpline 6294104690//8617894214

N Lohidasu Reddy

N Lohidasu Reddy, Engineer Living In Bangalore

Répondu il y a 47w · L'auteur dispose de réponses 59 et de vues de réponses 91.6k

To Make Digital transactions easily by using mobile phone.

Le Premier ministre Narendra Modi launched the mobile payment app BHIM (Bharat Interface for Money).

It is developed by the National Payments Corporation of India (NPCI), BHIM is an aggregate for all UPI-based services offered by banks.

UPI(Unified Payment Interface), is a payment system that allows money transfer between any two bank accounts by using a smartphone.

UPI allows a customer to pay directly from a bank account to different merchants, both online and offline, without the hassle of typing credit/debit card details, IFSC code, or net banking/wallet passwords.

Here’s a step-by-step guide on how to use the app:

1. Android users can download the application from Play Store by searching for ‘BHIM’. The app is not available for iOS users yet.

2. Install the application and choose your language. The app will prompt you to verify your phone number using an SMS. Click on Next and wait for the verification process to be completed.

3. Once the verification is complete, input a four digit code de passe.

4. Après un passocode is set, the app will ask you to select your bank. Once the bank is selected, the app automatically picks up your details using your phone number.

Select the primary bank account that will be used for all your transactions.

5. The app displays three options — Envoyer, Demande et Scan/Pay. Transactions are possible only between verified phone numbers.

6. À Envoyer money to someone, type in their phone number and the amount to be transferred. The app will prompt you to input your MPIN, usually a four or a six digit code that authenticates a mobile transaction.

7. Likewise, you can Demande money from someone, using their phone number.

8. The third option, Scan/Pay, allows users to transfer money using a QR code, a two dimensional black and white barcode which can be decoded by a smartphone or a tablet.

Each phone number is assigned a QR code which can be accessed under profile on the home screen.

I hope the above steps are easy to understand and follow.

Merci d'avoir lu.

Mahaveer Buddy

Mahaveer Buddy, travaille chez Software Engineering

Répondu il y a 93w

BHIM App-How to Send and Receive Money With UPI:

Après le manque de liquidités en Inde suite à la décision prise par son Premier ministre de retirer les billets de haute valeur nominale de la circulation en novembre 2016, le pays se rapproche encore davantage pour devenir une économie sans numéraire avec le lancement de Interface de paiement unifiée (UPI).

Interface de paiement unifiée (UPI) permet à tous les titulaires de comptes bancaires de payer de l’argent depuis leur smartphone, en ligne et hors ligne, sans qu’il soit nécessaire de saisir les détails de la carte de crédit, le code IFSC ou les identifiants utilisateur / mots de passe net banking.

Il suffit aux utilisateurs de créer une adresse de paiement virtuelle (VPA) de leur choix, qui servira d’adresse financière, et de la lier à leur compte bancaire.

Maintenant, dans le but de stimuler l'adoption de l'interface de paiement unifié (UPI) en tant qu'outil pour les transactions numériques, le gouvernement indien a récemment lancé une nouvelle application appelée Interface Bharat pour de l'argent (BHIM) app.

Cette nouvelle application de paiement numérique, qui est considérée comme un changeur de jeu pour les paiements sans numéraire en Inde, est actuellement disponible en téléchargement uniquement sur le Google Play Store, ce qui signifie que les utilisateurs d'iOS doivent attendre un certain temps.

BHIM est liée à plus de banques du secteur privé et public 30, notamment la State Bank of India (SBI), la Axis Bank, la HDFC Bank, la ICICI Bank, l'IDBI, l'Union Bank of India (UBI) et Kotak Mahindra.

BHIM est devenu si populaire dans le pays que l'application de paiement basée sur UPI a maintenant dépassé le million de téléchargements 3 sur le Google Play Store. Selon le PDG de NITI Aayog, Amitabh Kant, les utilisateurs ont déjà effectué plus de transactions 500,000 à l'aide de l'application.

Développée par la National Payment Corporation of India (NPCI), l'application basée sur UPI relie votre numéro mobile et votre smartphone enregistrés à vos comptes bancaires pour permettre des transactions sans espèces sûres et sécurisées.

L'application est également censée prendre en charge les paiements basés sur Aadhaar, ce qui permettra aux utilisateurs d'effectuer des transactions avec leurs empreintes digitales, mais la fonctionnalité n'est pas encore disponible avec la nouvelle version.

Voici comment télécharger et configurer l'application BHIM

How do we use BHIM App?

L'installation de BHIM sur votre appareil mobile ne prend que quelques secondes.

1. Juste télécharger BHIM sur Google Play Store, choisissez une langue et cliquez plusieurs fois sur le bouton Suivant.

2. L'application vous demandera alors votre permission pour envoyer un SMS afin de vérifier si votre numéro de téléphone est enregistré sur votre compte bancaire.

3. L'application prend automatiquement quelques secondes pour vérifier votre numéro de téléphone via le numéro IMEI unique de votre téléphone en envoyant un message à ses serveurs.

4. Une fois vérifiée, l'application BHMI demande un code PIN à quatre chiffres, nécessaire pour se connecter à l'application et autoriser les transactions.

REMARQUE - Ne vous trompez pas, ce code PIN 4 n'est pas votre code PIN UPI, c'est simplement un mot de passe pour verrouiller l'application BHIM.

How do we use BHIM App?

5. L'application BHIM va maintenant vous montrer la liste des banques. Il vous suffit de sélectionner votre banque et l'application cherchera automatiquement tous les détails de votre compte bancaire à l'aide de votre numéro de téléphone.

6. L'application a rapidement détecté ma banque HDFC en quelques secondes. Cliquez simplement sur votre numéro de compte pour lier votre compte bancaire à l'application Bhim UPI Payments.

REMARQUE - Actuellement, BHMI prend en charge l’association d’une seule banque à la fois. Si vous souhaitez associer un autre compte bancaire, vous pouvez aller au menu principal, choisir Comptes bancaires et sélectionner votre compte par défaut.

7. Une fois la configuration terminée, vous êtes prêt à accepter et à effectuer des paiements à l’aide de l’interface Paiements UPI.

Comment définir / réinitialiser le code PIN UPI dans l'application BHIM

How do we use BHIM App?

UPI-PIN est un code secret 4-6 requis pour l’autorisation des transactions.

Si vous avez déjà configuré un code PIN UPI avec d'autres applications UPI, vous pouvez utiliser le même code PIN pour l'application BHIM ou le code PIN RESET UPI en fournissant votre numéro de carte 6 et la date d'expiration de la carte ou Modifier le code PIN UPI en fournissant le code PIN existant. et en confirmant le nouveau code PIN deux fois.

REMARQUE - Veuillez ne pas partager votre code PIN UPI avec qui que ce soit. BHIM ne stocke ni ne lit les détails de votre code UPI-PIN, et le support client de votre banque ne vous le demandera jamais.

Comment envoyer et recevoir des paiements à l'aide de l'application BHIM

How do we use BHIM App?

Sur l'écran d'accueil, l'application propose trois options. Envoyez de l'argent, demandez de l'argent, scannez et payez.

Pour envoyer de l'argent:

Cliquez sur l'icône ENVOYER.

Enter payee's mobile number or the Virtual Payment Address (VPA). (Click three dot menu in right top corner, if you want to send money directly to a bank account using IFSC code) Enter the amount and remarks to send money. Finally, enter the UPI-PIN and continue, That's It.

Pour recevoir de l'argent:

Cliquez sur l'icône RECEVOIR.
Enter payee's mobile number or the Virtual Payment Address of the person from whom you want the money. Enter the amount and remarks and submit. The payer would get a notification, and he/she can accept or reject the payment. For the security of its users, BHIM automatically logs out users if the app is closed or hasn't been used for a while.

L'application BHMI n'est pas un autre portefeuille en ligne comme Paytm et MobiKwik, car pour transférer de l'argent à une personne utilisant BHMI, l'expéditeur n'a pas nécessairement besoin d'être sur l'application BHIM et il ne lui manque qu'un compte bancaire pour recevoir le paiement.

Toutefois, dans le cas de portefeuilles en ligne tels que Paytm et Mobikwik, de l'argent ne peut être envoyé qu'à une personne utilisant le même portefeuille en ligne.

La source: thehackernews.com

Shobhun Shah

Shobhun ShahDéveloppeur Android

Répondu il y a 92w

The Bharat Interface for Money (BHIM) was rolled out by Prime Minister Narendra Modi on Friday, in an initiative to enable fast, secure and reliable cashless payments through mobile phones.

BHIM is inter-operable with other Unified Payment Interface (UPI) applications and bank accounts, and has been developed by the National Payments Corporation of India (NPCI).

How do we use BHIM App?

This seals the government’s push towards digital payments after the November 8 demonetisation that resulted in the scrapping of high-value Rs 1,000 and Rs 500 currency notes.

As it is Aadhaar-enabled, the app puts an end to the fuss around other e-wallets. Moreover, an iOS version will be launched soon.

So, what is UPI?

Launched in February this year by the National Payment Corporation of India (NPCI), the UPI allows you to make payments using your mobile phone as the primary device for transactions, through the creation of a ‘virtual payment address’, which is an alias for your bank account.

On the BHIM app, it would be or

. This user id would be your primary address, which can be used to send or request money through other ids linked to it.

YourStory tested the app and was able to transfer amounts successfully. However, the app did start to hang thereafter, with reasons unknown.

The app didn't reopen post the first transaction.

How do we use BHIM App?

The screenshot showing the success in payment

How does BHIM work?

All one has to do is register your bank account with BHIM and set a UPI PIN for the bank account. Your mobile number is your payment address, and bingo, you are ready for transacting through this app.

Can money be sent to non-UPI supported banks?

The user can send or receive money from customers, family or friends through the mobile number. Interestingly, money can also be sent to non-UPI supported banks using IFSC and MMID codes. The user will also be able to collect money by sending requests and can also reverse a payment if required.

The other things that can be done on this app once it's downloaded on your phone are:

Check Balance: The user can check the bank balance and transaction details on the go.

Custom Payment Address: The user can create a custom payment address, in addition to their phone number.

QR Code: You can scan a QR code for faster entry of payment addresses and faster transaction speed. Merchants can easily print their QR Code for display, which other users can scan and transact through the app.

Transaction Limit: In a 24-hour cycle, a maximum transaction not exceeding Rs 10,000 is allowed as well as an upper limit of Rs 20,000 worth of transactions.

Languages: Currently, BHIM understands only English and Hindi. The NPCI says that more regional languages will be added soon.

Banks: The banks that support BHIM on their system are Allahabad Bank, Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Catholic Syrian Bank, Central Bank of India, DCB Bank, Dena Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, IDFC Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, Karnataka Bank, Karur Vysya Bank, Kotak Mahindra Bank, Oriental Bank of Commerce, Punjab National Bank, RBL Bank, South Indian Bank, Standard Chartered Bank, State Bank of India, Syndicate Bank, Union Bank of India, United Bank of India and Vijaya Bank.

Charges: There are no transaction charges through BHIM, but your bank may levy a nominal charge as UPI or IMPS transfer fee, which has not been announced so far.

Mobile wallets threatened!

During the launch of UPI, YourStory predicted that the release of UPI would be bitter for mobile wallets. This is due to UPI being an open payments platform, where money can directly be transferred from one bank account to the another without any switching charges.

It also removes the fuss of pulling your money from your bank account to your mobile wallet and vice versa as mobile wallets are semi-closed payment systems. Further, bank-to-bank transfer makes the system more widely accepted, as opposed to the pain of tying up from merchant to merchant.

Interestingly, just today, Paytm also released the new version of their app. The new Paytm app focuses on better security and has also introduced a feature of direct wallet-to-bank transfer. This means that every 24 hours, money sent to a merchant will be directly credited to their bank accounts, on choosing the relevant option.

This is all about BHIM

Hope it helped !!!!!!!!

What credit cards do millionaires possess?

Jay Kim

Jay Kim, Gestionnaire de fonds de couverture et investisseur en capital-investissement

Répondu il y a 45w · L'auteur dispose de réponses 593 et de vues de réponses 6.3m

What credit cards do millionaires possess?

I used to think that all millionaires possessed the ultra exclusive, invitation-only elite credit cards such as the American Express Black Card, or the JP Morgan Chase Palladium Card.

I believe this so much that I spent years studying, researching and obsessing over how to get one of those cards for myself.

I knew that for the American Express Centurion Card, I had to spend roughly US$10k per month on my existing Amex card for months upon end to even qualify, and I also knew that if you called Amex to request it, you almost certainly would be disqualified.

Getting the Amex Black card actually has nothing to do with being a millionaire. They don’t audit your bank account or assets or anything like that.

In fact, when I finally qualified for the exclusive Black Card, I wasn’t even a proper millionaire. I had just spent a ridiculous amount of money on one single credit card and consistently paid off the balance each month.

The problem is, shortly after I got my Black Card, American Express the company started going through issues and somewhere along the way decided to DOUBLE the already high annual membership fee.

And not just that, their membership perks from exclusive events, to discounts to even the conversion rate for airline miles…all got PIRE.

Just 2 years after I had finally gotten what is often times called “the most exclusive card in the world”…

…the feeling I had being a card holder was ridiculement décevante.

I even contemplated “giving it up” several times as I just wasn’t getting the annual fee’s worth.

To makes matters worse, I observed some of the truly wealthy people in my social circles…millionaires and multi-millionaires…

When we would be out for dinner and it came time to pay, almost NONE of them whipped out their fancy credit cards…

Ils presque toujours took out cards that had the best miles programs. ..

In fact, I heard one millionaire once complain about how heavy the Amex Black Card was (made of titanium) and how she refused to carry it around in her wallet anymore.

Most millionaires are practical with their credit cards and are secure enough in themselves and their wealth to not have to feel the need to flash their card and throw it down to look “rich” in front of other people.

Taylor Bradley

Taylor Bradley, B.S from The University of Texas at Austin (2008)

Répondu il y a 49w

What credit cards do millionaires possess?

We find symbols of wealth in everything we possess, such as the watches we wear, the cars we drive and the homes we live in. So, it’s no surprise that the credit cards in our wallets also allude to our ability to spend.

At the bottom, you’ll find secured credit cards, which cater to people with bad credit profiles for one reason or another. At the top, you’ll discover elusive credit cards that are only available to a small group of consumers, those who don’t hesitate to spend hundreds of thousands of dollars at a moment’s notice.

Les credit card industry has discovered a market where the super-affluent takes pride in owning one of these elite credit cards. Unlike your typical credit card, these prestigious credit cards are not heavily advertised. Usually for the price of a high annual fee, cardmembers get extraordinary perks, ridiculously high credit limits and special treatment wherever they shop.

5. Merrill Accolades American Express

What credit cards do millionaires possess?

The Merrill Accolades American Express Card, formerly the Bank of America Accolades American Express card, is available only to select clients of the Merrill Lynch Wealth Management division, a part of Bank of America.

The Merrill Accolades card boasts a black design, with the customary Merrill Lynch bull logo. However, the card comes with a relatively low annual fee of just $295, cheaper than many high-tier airline credit cards.

Benefits of the Merrill Accolades card include premium concierge service, hotel discounts and upgrades, complimentary credits and amenities on select resort and cruise programs, discounts through Virgin Atlantic Airways, discounts and complimentary credits toward Sentient Jet private jet membership, an extensive rewards program, and more.

4. Citigroup Chairman American Express

What credit cards do millionaires possess?

The Citigroup Chairman American Express Card is another distinguished credit card known to be available only to a small group of clients of Citi’s private bank and investment units.

The card touts a black design to match its prestige, but it isn’t made of any special materials like some other elite credit cards out there. It has an annual fee of $500 with no preset spending limit.

The Citigroup Chairman American Express Card offers a 24/7 personal concierge, a travel rewards program, complimentary lounge access, statement credits for flight- and in-flight-related expenses, access and opportunities to purchase private jet services, room upgrades at Hilton HHonors hotels and more.

3. Stratus Rewards Visa

What credit cards do millionaires possess?

The Stratus Rewards Visa card is a highly exclusive credit card that is often dubbed the “White Card,” in contrast to the American Express “Black Card.” The card is available only by invitation through a current cardmember or Stratus Rewards partner company. The target audience for this card are high-net-worth consumers who must have private jet travel.

The Stratus Rewards Visa card has an annual fee of $1,500. The card’s loyalty program revolves around private jet travel as a redeemable reward. Cardmembers can pool their earned points with friends and other members to redeem for flight hours on private jets, available through MarquisJet.

Other perks include personal concierge services, quarterly award-show-style gifts and trend-setting items, discounted charter flights, complimentary car service, upgrades and special amenities at luxury hotels, upscale merchandise discounts and more. With a Stratus Rewards Visa card, cardmembers can also redeem their points for consultation with lifestyle experts and personalities.

2. JPMorgan Palladium

What credit cards do millionaires possess?

The JPMorgan Palladium card is an exclusive offering for the wealthiest of JPMorgan Chase clients. It’s available only to customers with private bankers, who are assigned to them when they become clients of JPMorgan’s high-networth banking units. Chase Private Client, for instance, requires customers to have $250,000 or more in investable assets.

The Palladium card has an annual fee of $595 and all other typical credit card transaction fees are waived. There is no preset spending limit. The card is made a palladium, a rare metal that belongs in the family of platinum metals, and 23-karat gold with logos, names and dates etched in by laser. Since the card alone is of such value, cardmembers also receive a plastic version of the Palladium card.

Features of the Palladium card include top tier concierge, unlimited complimentary access to more than 600 airport lounges worldwide, access to MarquisJet (world’s largest fleet of private jets), a travel rewards program, complimentary first-class upgrades and companion tickets through British Airways and more.

1. American Express Centurion

What credit cards do millionaires possess?

American Express Centurion card, also dubbed “The Black Card,” is the most well-known exclusive credit card out there. With a $5,000 one-time initiation fee and $2,500 annual fee, you’ll need deep pockets for the privilege of having this card. Card members have no preset spending limit.

The card itself is made of titanium that is noticeably different from the plastic used in most credit cards. Flash a Centurion card at the counter and watch the store cashier’s eyes light up.

Cardmembers must be invited to apply for the Centurion card and you’ll need to show that you have a six-figure annual spending rate ($250,000). Centurion cardmembers have been invited to get the card because they spent enough on their American Express Platinum Cards, which carry a lower annual fee of $450.

Recognized all around the world, the card’s features include a dedicated concierge, complimentary companion airline tickets, access to airport lounges, flight upgrades, complimentary hotel nights, personal shoppers at luxury retailers and much more. Centurion card members have been known to shut down entire stores just so they can shop alone.

La source: 5 Credit Cards Most Of America Could Never Own



Répondu il y a 104w

I’m a high income earner with a relatively high net worth for my age (40, decent 8 figure net worth) and I have and have had some of the cards others have noted. Some of them, Centurion for example, are nice because you get instant upgrades at hotels, buy one first class seat and get a companion fare, the concierge service can be convenient in a pinch especially when you’re doing a lot of international travel and you get stuck on the other side of the world and everyone on your side of the world is asleep, etc., but I feel like a douche flashing it around. Using them when you get the upgrades is nice because you buy plane tickets or check into a hotel with it and few people see it. You don’t have to pull it out at a bar/restaurant and have people look at you to reap its main benefits. When I first got it that seemed cool but now I just feel like an ass (hence why I’m posting anonymously). And as others have stated there’s a definite gold digger magnet issue when you do use it.

The cards I use most often are Visa/Mastercards that give me airline points. Yes, even people with money like miles. They have ridiculously high limits so one of them can get me around the world a few times and I don’t really care about cash back or prestige. My banks/lenders have offered me their special cards but I just don’t care what the plastic (or titanium) looks like in my wallet. A good friend of mine who’s a big hedge fund manager and could have any card uses the USAA card and bank account that he got because his dad served in the Navy.



Répondu il y a 205w

Over my 30 years of corporate consulting I'd guess I've gotten to know over 100 multi-millionaires ("millionaire" just isn't the standard it used to be), and a couple of billionaires, fairly well enough to discuss details. There are always a few who buy the Lamborghinis, clear out the 5th Avenue stores and flash the black cards, but the overwhelming majority of my clients do not overly flaunt their wealth. (In fact, it's usually a wannabe who plays that role.) Now, most do live in nice homes, drive nice cars, take vacations in nice places...but their credit cards are exactly what you see many upper-middle class folks carrying: cards with a good frequent flyer bonus program, hotel perks, or simply what their bank gives them. I have noticed regional differences...the Northeast and Northwest U.S. appears generally more practical than, say, Miami or L.A...and the wealthy who actually work for a living are more subtle about their means than are trust fund babies...but generally speaking my experience has been that the smart 1 percenter has learned how not to behave like a very rich person. The negatives of doing so outweigh the positives -- in so many ways.

Josh Lim

Josh Lim, keenly aware of my privilege

Répondu il y a 119w · L'auteur dispose de réponses 630 et de vues de réponses 5m

I suppose by "millionaires", you're not just referring to American millionaires, so let's take a look at what credit cards are in the wallets of Filipino millionaires.

To put that into perspective, ₱1 million is around $47,000, which puts someone with that much money in annual income in the middle class when in the developed world, but when putting that in a Philippine setting ₱1 million a year is a lot of money, putting you in the upper middle classes at least.

All my relatives who are of means have credit cards, and for the most part I would group them into three types.

The first type I'll talk about here are status cards. In the Philippines, "status" for credit cards is derived from one of either two two sources: who issued the card and what kind of card it is, and how long you've had the card for.

In the Philippines, there is an informal hierarchy for credit cards based on the credit card type and issuer. At the top are the cards issued by the major global banks like Citibank, HSBC and Standard Chartered, and oftentimes only the elite (or those who are close to there, such as the upper middle class) are the only ones who have these cards. One of the most famous cards of this type is the HSBC Premier MasterCard, which is only issued to HSBC Premier (HSBC's private banking product) customers. (The card here is the HSBC Premier card issued to customers in Turkey.)

What credit cards do millionaires possess?

These cards often have high income requirements, although in recent years these banks have been lowering requirements and giving out incentives (like waiving the annual fee for life) to new cardholders to spur adoption.

In the middle are local cards from the big local banks like Banque des Philippines (BPI), Banco de Oro (BDO), Metrobank, RCBC et Security Bank. Some smaller banks, like Maybank, EastWest Bank et Union Bank of the Philippines are also here as well. Usually these were among the first local banks to introduce credit cards, and as a result they have extensive credit card operations (including operating POS terminals and the like).

At the bottom are cards from lesser-known banks. These include credit cards issued by state-owned (or formerly state-owned) banks like Landbank et Philippine National Bank (PNB), smaller commercial banks like the United Coconut Planters Bank (UCPB), Banque de Commerce et Asia United Bank, and credit cards issued by any of the above that are neither Visa nor MasterCard (JCB, UnionPay, etc.). These credit cards are at the bottom since they're basically of limited use: you can't pay things on installment most of the time, they have few promos, and people just generally don't have them.

Of course, within these three ranks the credit cards are also ranked as well. The cards with the highest income requirements are usually the most exclusive. Take, for example, the EastWest Platinum MasterCard, one of only a handful of black-colored exclusive credit cards issued by local banks. To qualify for this card, you need an annual income of ₱1.8 million. That's a lot of money. (On the upside, if you do get this card, the annual fee is waived for life.)

What credit cards do millionaires possess?

In addition, credit cards were first introduced in the late 1980s to early 1990s, and you will have people who've had credit cards since forever. My dad, for example, has had a Citibank Gold card since 1992. If you've had a credit card for that long, that gives you plenty of time to establish a good working relationship with your bank, which you'll need for getting new cards or negotiating a waiver of your annual fee.

The second type are travel cards. These would be credit cards that allow you to earn frequent-flyer miles, and you'd want to rack up your spending on them so you can redeem the miles later for free flights. One of the most popular ones is the BPI SkyMiles Mastercard, issued by Bank of the Philippine Islands (BPI) in partnership with Delta Air Lines. While the normal card only has an annual income requirement of ₱180,000, its Platinum cousin has an annual income requirement of ₱1 million. My grandmother, for example, has this card.

What credit cards do millionaires possess?

If you don't want a specific card for a specific program, you can shop around for credit cards that have generous rewards programs. One of the most popular is the Citibank PremierMiles Visa card, which allows you to convert your points to SkyMiles, Mabuhay Miles or Asia Miles.

What credit cards do millionaires possess?

The third and final type would be foreign currency cards. In the Philippines, almost all foreign currency-denominated cards are denominated in U.S. dollars, and they're usually used for online purchases and transactions done abroad. A popular card of this type is the Metrobank U.S. Dollar MasterCard.

What credit cards do millionaires possess?

If you do a lot of travel, you may need more than one dollar-denominated card. Another popular option is the Philippines’ only Diners Club card, issued by Security Bank. Should you want to spend a lot, make sure it’s the black-colored Premier card.

What credit cards do millionaires possess?

In recent years, China UnionPay credit cards have become popular, especially among businessmen who travel to China regularly. Maybe the RCBC Bankard UnionPay Card is right for you? (This is the classic version; RCBC also issues an even more exclusive Diamond UnionPay card.)

What credit cards do millionaires possess?

We may not have strictly invitation-only credit cards, but for the Filipino millionaire, if you’re looking to flaunt your wealth through the plastic you carry, you’re certainly spoilt for choice. If there are invitation-only cards though, do let me know.

Shankar Iyerh

Shankar Iyerh, travaille en Inde

Répondu il y a 206w · L'auteur dispose de réponses 375 et de vues de réponses 1.6m

Answers are skewed to just American cards let's look at some other markets:

1. Brazil: Black Brazilian master card, exclusive only to private bankers in Santander group, only 3000 in circulation till date.

2. Natwest Bank - black master card - exclusive and a spending limit of 1.5 million dollars and an annual fee less than a American Express platinum card - mere 395 dollars.

3. VISA infinite exclusive: millionaires choice in France Egypt ,Jordan, Nigeria, South Africa and Russia, exclusive and invitation only.

4. Coutts world silk card: used by queen Elizabeth II enough said! Need a minimum million dollars in an account unlimited spending at about 49.1 percent charged interest rate. Card for the royalty.

5. Dubai first royal master card: if you thought Jp Morgan chase's palladium was cool check this out:

What credit cards do millionaires possess?

The left and top sides of the credit card are trimmed in gold. There is also a .235-carat solitary diamond in the center of the face of black card. But this card comes with a lot more perks than just diamonds. According to Ibrahim al Ansari, the chief executive of Dubai First, “You ask for the moon and we try and get it.” With that kind of philosophy it’s no wonder that a major perk of the Dubai First Royal MasterCard is a team of round-the-clock “lifestyle managers” whose sole purpose is to fulfill the cardholder’s every request. And with no credit limit and zero restrictions, Dubai First Royal MasterCard cardholders are free to spend as much as they desire. Getting this card requires a special invitation from the Dubai First.

Updated: source: http://www.therichest.com/luxury...

Is P2P lending a good way to make money?

Brahma Mahesh Khaderbad

Brahma Mahesh Khaderbad, Co-fondateur et PDG de FinMomenta Pvt Ltd (2016-present)

Répondu il y a 74w · L'auteur dispose de réponses 51 et de vues de réponses 53.3k

With the decline in the interest rates, Fixed Deposits and RDs no more look as an attractive avenue for investments. Mutual Funds and stocks are linked to the market and are riskier due to its volatile nature. There is no guarantee on the returns as well. Bonds in India do not offer higher returns.

Keeping the above points in view, Peer-to-Peer lending or P2P lending looks an attractive choice to make money. Since its inception P2P lending has gained a momentum across the globe. TachyLoans.com is a Peer-to-Peer lending marketplace that connects lenders to borrowers facilitating investment opportunities to lenders and loans to borrowers. Here are some of the many benefits offered by TachyLoans:

1. Higher returns:

Returns on your investments vary between 11.5%-25% p.a. based on the risk appetite of the lender. Do remember the investment philosophy; ‘High Risk-High Returns’.

2. Diversification:

Investors have to adopt a portfolio approach that helps them to diversify their investments to lend their money to multiple borrowers based on their investment criteria.

3. Regular Income:

Investors can earn monthly income with their investments in the form of EMIs and the money gets transferred to their bank accounts on loan EMI date.

4. Commodité:

The entire process right from registration to submitting KYC documents and investing/borrowing is carried out online. Borrowers does not have to go through the cumbersome process of visiting financial institutions to avail loans, submit physical documents and wait for weeks before the loan application is accepted and the loan amount is disbursed.

5. Transparence:

Complete transparency is maintained by TachyLoans and the requisite information on the borrower is passed on to the lenders before the investment process starts. This helps the lenders in taking an informed decision on their investments.

Kindly visit the link below and register with TachyLoans today to start earning higher returns and regular income on your investments:


Rohan Rautela

Rohan Rautela, former Capital Markets

Répondu il y a 20w · L'auteur dispose de réponses 86 et de vues de réponses 104.1k

Peer to Peer lending is a mechanism where people can invest or borrow money from other people through an online platform. These companies provide a market place for loans like Amazon and Flipkart provide for buyers and sellers. It has been very successful in US and UK.Basic Features of P2P lending are:

  • Unsecured Lending for a tenor from 6 months to 3 years.
  • Regulated under RBI policy
  • Invested money is returned in the form of EMI (Prinicipal + Interest)
  • Interest Rate vary from 12% to 36% depending on credit risk of the borrower
  • Each platform has its own credit risk analysis report for borrower which is available for Lender to read.

Three important questions to consider in P2P lending

  1. Why P2P lending?
  2. Which Platform to Invest?
  3. How to Invest?

Why P2P Lending: How do people generally invest for SIP ? They keep their money in either saving bank or RD,some put in Liquid Fund and rest put lumpsum in Mutual Funds( either Equity or Debt) .We have already discussed SIP has better risk return reward compared to lumpsum. Comparative Analysis of parking money in different assets for SIP:

Is P2P lending a good way to make money?

These figures are for putting money for 3 years.beyond that we can utilize indexing benefit to put some money in Debt funds

How does P2P lending EMI return look like? If the Return is 15% and Tenor is 2 years

Is P2P lending a good way to make money?

We can either invest the SIP in equity mutual fund or we can reinvest to more borrower:

Which Platform to Invest?

There are many P2P lending platform available in the market .I have tried quite a few and then finally choosen 3.Things to look before choosing a platform

  • Credibility:Should be known and trusted name
  • Minimum amount to invest should be less.
  • Large number of borrowers.
  • Good borrower analysis and data available.
  • I suggest to atleast invest in 3 different platforms.

The platforms which I have chosen are:

  1. I2I Funding (https://www.i2ifunding.com/referral/ud8cwng83a/invest)
  2. Faircent
  3. lendenClub


Is P2P lending a good way to make money?

I have chosen these 3 as they are established names and also provide decent minimum investment .

How to Invest ?

Investing in P2P is like betting on a borrower that he wont default. So if we know approximate default rate we can calculate the risk adjusted return .P2P sites have historical default rate for various risk categories

This approach in investing is based on the Kelly formula which is employed by gamblers in casinos. It is an optimization strategy which maximizes long term returns.In simple terms it says that you increase your bet size when chances are favorable and reduce when chances are not so favorable.

Kelly Formula is basically

x = ( Expected net payoff ) / (Payoff on Success )

=( Probability of success* (Amount you get in success) - (Probability of failure* loss in Failure))/ (Amount you get in success)

Lets see some example:


So lets say a loan in Category F has 5% historical default rate and you get 25% interest.

So your bet size according to Kelly is :

Probabilty of success = 95%

Probability of default = 5%

(25%*95% - 100%* 5%)/25% =75%

It means you can put 75% of your bank roll in this bet


loan in Category C has 1% historical default rate and you get 20% interest.

So your bet size according to Kelly is : (20*99% - 1%* 100%)/20% =94%

It means you can put 94% of your bank roll in this bet

Basically you are better off in second .So you should put higher money in second bet.

maintenant, avec Principal Protection: Max loss is zero

Company pays 15% Interest ,default percentage is 5%

Kelly Ratio = (95%* 15% - 5%* 0)/ 15%

= 95%

It is common sense that principal protection lower our max risk and thus bulk of our earning should be in it!

Important thing is expected payoff works when we have many outcomes. How do we get many outcome.We place small but multiple bets.

Let Say Somebody has 100000 to invest .How should he invest.

  • Diversification 1 : Choose multiple platform to avoid risk of bad credit risk model in any one platform
  • Diversification 2: Place small multiple investment based on expected payoff.
  • Diversification 3: Use principal protection as it has high expected payoff.

So how will 100,000 invested look like:

Put around 70% in I2I under principal protection.For some very safe creditor you can choose 75% protection instead of 100%.

so Now 70% of 100000 invested means : 70000

Average return :15%

Default Rate : lets take a stressed figure of 10%

net Return = 13.5% = 9450 Rs

Invest the remaining in Faircent and Lenden Club across borrower.Try to invest minimum bet size as you can place multiple bets:

Average Return 30%

Default Rate 10%

Net Return = 30*% 90% - 10% loss on Principal = 17%

So you get 17% of 30000 = 5100

In total you made= 5100+9450 = 15500 rs on an Investment of 100000.

Les choses à considérer:

  • keep Reinvesting the EMI you get in lending or use it as SIP for Mutual Fund.
  • Use P2P as a replacement for you short term(less than 3 years) money parking strategy if you are in 30% tax slab.
  • For tenor higher than 3 year Bond funds give better risk adjusted return if you in 30% slab.
  • Try to use at least 2-3 Lakh INR to be able to be diversified across decent number of borrower.
  • Remember P2P is substitute for money kept in FD or short term debt not for Equity SIP
  • Its a great way of diversifying in asset class not highly correlated with Equity


Rohan Rautela's answer to Should I continue investing in small and mid cap mutual fund of SIP India? I am investing in L&T small and mid cap for the last 6 months.

Amit Kumar

Amit Kumar, MBA Finance, Marketing (2011)

Répondu il y a 16w · L'auteur dispose de réponses 244 et de vues de réponses 69.9k

P2P Lending platform is no doubt an innovative option. P2P lending platforms have no branches. The idle money is used by retail lenders to lend to borrowers. Platforms like Monexo are quite reliable. This helps in lowering costs for borrowers and increasing returns for lenders. The platforms make money by charging fees to borrowers and lenders. P2P lending is a good opportunity if you’re looking for an alternative way to invest your money. As a lender, the paybacks are amazing, with decent returns. Few of the benefits:

  1. The return in itself is very exciting.
  2. Asset class with returns more stable than stock market.
  3. Enjoy the freedom.

Should Read - Here’s Why Peer to Peer Lending Should be Part of Your Investment Portfolio

  • Simplicity and full control:

The fundamental difference in Peer to Peer lending is that it values an investor’s risk appetite and gives him full choice to invest in loans that mirror his preferences. This is quite different from say Mutual funds, where portfolio performance ultimately comes down to the acumen and dexterity of an individual fund manager. In P2P lending, right from choice of return to the period of lending, the lender gets full autonomy in deciding the structure of his lending portfolio.

In addition, unlike equity investments, which come with a certain amount of complexity and volatility, P2P investments are fairly simple to operate with requiring only periodic portfolio management checks as the P2P lending platforms takes care of all other nitty gritty right from repayment collection to borrower sourcing.

  • Higher Risk adjusted Yields:

The obvious reason P2P lending is gaining popularity is because of its ability to offer higher risk adjusted returns. A P2P lender can earn upwards of 15% per annum on investment which is at least two times higher than comparable fixed income investment opportunities available today. When you compare the interest rate for a fixed deposit (6%) with the average interest rate on a P2P loan (16% or more), the picture becomes clearer.

If you have been investing heavily in bank fixed deposits, switching part of your portfolio to P2P lending can double your return potential.

  • Managed Risk:

Now, one might argue that higher returns means higher risks. Well, that is not necessarily the case with Peer to Peer lending. P2P lending is not like investing in equities, where your investment flourishes or diminishes as per market trends. The risk however is that loan default can occur.P2P platforms like Monexo have built a robust risk mitigation infrastructure focused on ensuring that default risk for lenders is minimal. Loans are offered only to vetted, verified salaried borrowers who are subjected to rigorous credit risk assessment using 150+ traditional and nontraditional data points. And what’s more – repayment performance is reported into credit bureaus like CIBIL which ensures borrowers who do not make timely repayments are severely penalized through a credit score downgrade which will adversely impact future ability to borrow.

Borrowers who delay payments are also pursued through approved collection and recovery practices which can start with field visits and go all the way to full-fledged legal action if payment is not received post follow-ups.

Now despite the robust screening and repayment collection process, there is still a possibility that a borrower may not be able to repay dues on time. Hence the bedrock of risk mitigation in P2P lending comes down to the building a diversified loan portfolio. By investing in small amounts across multiple loans, lenders are able to ensure that their capital is not locked up majorly in any specific loan. Such large-scale diversification of lending ensures that even with a few NPAs, the lender’s portfolio continues to generate rewarding returns.

  • Regular, monthly Earnings:

Peer-to-Peer lending stands out as a differentiated offering for investors as it provides for a steady stream of monthly income. As the amount lent through the P2P platform gets repaid in the form of monthly EMIs (principal + interest), the lender can use this monthly cashflow to further reinvest and compound earnings or withdraw it to the investor’s bank account periodically. As a simple illustration, a Rs. 10 lakh investment that is lent through a P2P platform for a period of say 36 months at an interest rate of 18% p.a. can generate a monthly cashflow of nearly Rs. 30,000 for the investor. Isn’t that awesome?

  • Shorter investment Horizon with Increased Liquidity

Peer to Peer lending does not require your capital to be locked up for years together to be able to generate high yield. Since loans typically come with a tenor of 6 – 36 months with monthly repayment, P2P lending is a rare investment where the lender’s money begins to come back from the very first month of investment. Again, by diversifying your P2P lending portfolio, you can spread your investment in a flexible manner, ensuring that your money is never sitting idle but is still there when you need it.

  • Wondering how you can invest in Peer to Peer lending loans?

All you need to do to become a lender is open a lender account with a P2P platform. There are quite a few P2P platforms out there so make sure to choose yours diligently. Some key metrics you should look at closely before deciding on the choice of platform is the platform’s promoter team, borrower credit assessment process, Escrow account availability and track record of returns.

Monexo is one of India’s leading and fastest growing Peer-to-Peer lending platforms trusted by 2000+ registered investors and 300+ financial advisors. You can sign up as a lender on the Monexo platform in just a few simple steps. Visit www.monexo.co to add Peer to Peer lending to your investment portfolio today1

InfoGraphic -

Is P2P lending a good way to make money?

Notes de bas de page

1 https://www.monexo.co/in/blog/he...

Ishan Kekre

Ishan Kekre, former Systems Engineer at Tata Consultancy Services (2013-2016)

Répondu il y a 77w · L'auteur dispose de réponses 74 et de vues de réponses 43.7k

Réponse d'origine: Is p2p lending a good investment?

As with any other investment option, P2P lending may turn out to be a rewarding investment option only if you invest carefully and eliminate your risk by diversification of your loan portfolio. A reliable platform will go a long way in earning good returns on your principal. One such reliable platform is i2ifunding. It offers following aids to help investors in generating extraordinary returns:

1.) Extraordinary high returns – You can earn returns on your principal, anywhere in the range of 12% to 36%.

2.) Diversification – Investors have the option to invest in different categories of borrowers according to their risk appetite and thus avoid putting all the eggs in one basket. This helps in eliminating borrower specific risk.

3.) Risk assessment of Borrowers – These lending firms carry out a stringent credit risk assessment of the borrower including physical verification, income verification, credit history, payment behavior, Credit scores (Experian & CIBIL) to assign them a risk category.

4.) Principal Protection – This one of the most important feature as it can help you keep your principal intact in the worst possible scenario. You can get your invested amount in case of a default.

5.) Transparence – The process is online and transparent and contracts bound (offer, agreement & consideration). Hence, the investor knows where his/her money is being invested and for what purpose. Also, postdated cheques are collected in advance to safeguard the interest of the lenders.

6.) Periodic Payments – Investors who are need of periodic payments can find this option lucrative as monthly EMIs are credited to their bank accounts.

Rushika Gaikwad

Rushika GaikwadFille diplômée

Répondu il y a 33w · L'auteur dispose de réponses 168 et de vues de réponses 118.1k


Peer to peer lending is very good way to do investment and earn a good amount of money.

Is P2P lending a good way to make money?

Top 5 Tout sur les prêts P2p


En tant que composante de l’économie du partage, il s’agit de transmettre de meilleures conditions à tous les membres (pairs) en tirant parti des avantages énormes des joueurs classiques. P2p Easy est le meilleur peer to peer prêtant Inde.

Les phases de prêt réparties fonctionnent avec des centres commerciaux en ligne, en connectant des individus qui ont de l'argent - des investisseurs (également appelés prêteurs) - et des individus à la recherche de crédit - des emprunteurs.

Cela fait un système partagé, avec un grand nombre de relations croisées. Bien entendu, un emprunteur sera financé par différents prêteurs, chacun d'entre eux possédant un petit montant du crédit.

2. Les prêteurs supportent le risque de crédit

N'aimez pas un magasin à terme établi dans une banque où l'argent est assuré et l'arrivée connue à l'avance. Les banques investissent des ressources et font face au danger potentiel que les emprunteurs ne remboursent pas correctement leurs crédits. Cependant, c'est un risque raisonnable. Comment?

Au départ, il est fondamental de légitimement choisir et valoriser les emprunteurs en gardant à l’esprit l’objectif final qui consiste à avoir un risque de crédit maîtrisé, en laissant, après l’ampleur des terribles avances, un grand filet revenant aux prêteurs.


Coordonner le contrat entre un spécialiste financier et un emprunteur.

La scène utilise un initiateur externe qui est une institution financière autorisée

La scène est une institution financière autorisée ou des complices d’institutions financières autorisées


Despite the fact that the credit hazard influences the loan specialists, stages rapidly comprehended, that they should exceed expectations in credit chance administration.

Since if their Investors lose cash, that is the end. They would presumably not recuperate from such a hit to their picture. It's significantly more urgent than for banks who could cruise through a hazard emergency thank to its investors or the life float given by the state.

In the first place mainstay of a decent credit chance appraisal is access to credit authority information. Stages do it on account of their own permit or through accomplices.


The time when stages were simply basic commercial centers associating individuals is no more. A large portion of them have developed to a more standard arrangement focusing on a more extensive gathering of people than the early gutsy adopters.

Initially advancement is the programmed speculation apparatuses where moneylenders could characterize rules for contributing which, once approved, would enable the stage to consequently put accessible cash in any advance fitting the criteria.

P2p Easy is best p2p lending platform in india.

Gaurav Dutt

Gaurav Dutt, Simplifying peer to peer lending

Répondu il y a 90w · L'auteur dispose de réponses 74 et de vues de réponses 273.1k

Yes, if we compare it to other traditional investment options in India then yes, it is a very effective way to multiply your savings or your surplus wealth.

Is P2P lending a good way to make money?

Financial Institutions provide limited products for investments and low returns on options such as fixed deposits. Mutual funds are limited with regards to the investors they attract as they require high capital commitments over a long period of time. Finally, equity markets are highly volatile and require a significant holding capacity and risk appetite and even then returns are not guaranteed.

P2P lending platforms such as Lendbox fills this gap by offering a new fixed income asset class which is safe and secure and offers ROI of as high as 30% .

Investing in P2P lending is very similar to stock market investments but with a much much less risk.

How To Make Money With P2P Lending ?

It’s easy to start lending via a P2P lending platform, you need to register on the platform and upload some basic KYC documents. After that, you can invest in multiple borrowers.

P2P Lending platform Lendbox screens a borrower with over 120 parameters so that only credit worthy borrowers goes ahead for funding.

Even with this screening, the risk is still here. It is advised to invest in your comfort zone, at least in the start. Even playing with low to medium risk borrowers can get you a return rate of up to 25%.

The default rates in Lendbox is less than 1% so if you’ll play safe, the returns are pretty much guaranteed.

Here are some references that can help you with your research.

In India which peer to peer lending site is safe for lending?

Is it legal for an individual to lend money to other, at an interest rate, in India?

Is Lendbox India genuine? Do lenders get the amount returned?

Si quelqu'un pointait une arme sur vous et disait que vous deviez gagner $ 3,000 dans les jours à venir, comment le feriez-vous?

Quentin Williams

Quentin Williams, Research Analyst, Real Economy Capital LLC

Répondu il y a 115w

This is what I like to call a “spend money to make money” scenario.

Go into a bank and convert $0,00000000000008571 US dollars into $3000 Zimbabwean dollars.

Anybody who is stupid enough to point a gun at you, demand payment, and then leave you presumably to your own devices for 7 days to secure said payment without the duress of gunpoint will believe the two currencies to be of equal value and happily release you from your debt.

Now let’s assume this person smartened up, and decided to follow you Sting-style for 7 days. Go into a bank. When this person follows you, simply indicate to the guard(s) that your thief has a gun. When this person is searched by security and is revealed to in fact be in possession of a firearm inside of a bank, he will be arrested and your debt will be moot.

Now let’s assume this person decided not to accompany you inside the bank. While inside the bank, either use your phone or the bank’s phone to call the police and tell them you’ve seen a suspicious person loitering outside a bank with a gun. Provide a very detailed description of this person, so that they cannot be mistaken for someone else. When they are searched by police and revealed to be in possession of a firearm, they will likely be arrested, as chances are their gun is either not permitted or has been illegally modified. The debt will then be moot.

Now, I could go on, but I’d rather answer the question you were vraiment asking, “How can I make $3.000 in 7 days without taking out a loan, asking family for money, or selling my possessions?”

I could beat a dead horse with the usual methods, so here are some unconventional methods of making short notice cash.

#1- Ejaculate 60 times for science

You might have to get a bit, ehm, creative (and obviously be male); but assuming the price per sample given is $50, 60 semen samples/donations will yield you $3000. Considering that you own your semen, this could be considered a violation of the “selling possessions” rule, but as you had no use for it before you shot it out, I’ll allow it.

#2- Fire up the printing press

With a small investment, you could easily produce $3.000 in counterfeit currency. No way are you gonna fool a bank with your garage notes, so go somewhere with lower standards like a deli. Produce $20 dollar bills. Purchase a pack of gum or another small item, and receive appx. $18,50 in change, which is actual money. Repeat this process 163 times. Viola, you now have over $3.000 in your possession.

#3- Appeal to the Internet gods

From GoFundMe to Indiegogo, there are many ways to crowdsource funding for various enterprises. Of course, you might be lost in a veritable sea of cancer patients, but you never know- someone might be out there. Because you’re asking for money from strangers and not friends, this doesn’t violate the “no money from friends/family” rule.

#4- Stick it to the (insurance) man

Convince an old person on the brink of death and preferably not all there mentally to take out a life insurance policy with yourself named as the primary benefactor. It doesn’t matter if they’re real or not, Colonial Penn is so desperate for your money they won’t check very far back. Kill your old guy (or gal, insurance fraud doesn’t discriminate) and rake in the payday. Plus, with all the extra money from your insurance fraud, you can pay for a really great defense lawyer when you’re tried for your insurance fraud.

Please don’t counterfeit bills or commit insurance fraud. And please, don’t kill the elderly. That’s just inconsiderate. Defrauding Colonial Penn I’m fine with; they might go bankrupt and stop airing those god-awful commercials while I’m trying to watch Jeopardy.

Zamorak Stephenson

Zamorak Stephenson, I hate money. Money inspires greed and brings out the worst in good people.

Répondu il y a 117w · L'auteur dispose de réponses 247 et de vues de réponses 521.1k

This is a very simple question, and I have a real world answer that I know people have actually done (to an extent)

I’m a Union electrician in DC. There are a few jobs here that are running 24/7.

A journeyman makes about $43 an hour regularly. He makes time and a half for every hour over 40 hours, and double time for every hour over 60 hours.

On these 24/7 jobs, you are typically allowed to work as many hours as you want, regardless of how productive you are. They simply need the job to be done.

So if a journeyman worked 20 hours a day for 7 days (allowing four hours to sleep and a 30 minute paid break every four hours), that would equal 140 hours.

The first 40 hours are at $43 an hour, so that's $1720.

The next 20 hours are at $64.50, so that's $1290.

The last 80 hours are at $86 an hour, so that’s $6880.

Add the totals together, and that journeyman has made $9890.

At any point in time, an electrician can call the payroll department and ask them to put him down as tax exempt for a period of time, so that he can recieve his full wages. We do this sometimes if we need the money NOW and know that we can make it up later through more heavy taxation. So there are zero taxes taken out of that $9890.

Now, the journeyman requests termination (again, we’ve established that the company is aware of the issue at hand). When you are terminated from a union contractor, the Union regulations say that they have to cut you a check right then and there for the full amount of wages that you've worked to earn.

Boom. Within seven days, a man can honestly make almost ten thousand dollars, just by working his normal job. The conditions are strange, but there have been stranger things. None of this was outside of reason, and depending on the journeyman’s relationship with the contractor, he might even be able to pull a higher rate of pay for that time, so that he wouldn't have to work as many hours.

I’m a fourth year apprentice, so I've never cashed a one week’s check above $2000, and that was for seven-ten hour days. But I've seen journeymen with $6000 checks. I've seen electricians, who go out and do what we do every day, with $500k+ accounts.

I work extremely hard for my money, but I'm paid well for my hard work. Trades are a hidden gem in a world where formal education is overvalued and manual labor is beneath everyone.

Marcus Geduld

Marcus Geduld, Shakespearean director, computer programmer, teacher, writer, likes dinosaurs.

Répondu il y a 183w · L'auteur dispose de réponses 9.2k et de vues de réponses 56.1m

(My assumption here is that the gunman is following me around, ready to kill me the moment I fail, and that, for whatever reason, I can't go to the police or overpower him. Otherwise, this question doesn't make sense.)

I'd put an ad on Craigslist and similar sites, offering to do any sort of work for an advance of $3,000. I'd list my skills, explain that I desperately needed the money, and promise that if someone gave me a good offer, I would sign a contract promising to do the work by a mutually-agreed-upon date. And, of course, I would give my employer a really good deal. For instance, if I'd normally charge $10,000 for the work, I'd only change $3,000 in this instance.

If that didn't work (or while I was waiting and hoping it would work), I'd steal things and sell them. (It would be hard to steal that much cash.) I learned a few years ago that there's a racket in big cities: people dress in suits and confidently walk into office buildings as if they work there. Most buildings have security, but if you spend all day walking around, trying different places, eventually you'll find one where the guards are on break, asleep, or non-existent. Once inside, you walk briskly around as if you know what you're doing, pick up a laptop (or other valuable goods) from an empty office, and leave.

I learned about this when someone stole my work laptop while I was in the bathroom. I assumed it was a coworker, but the cops told me about the racket and said it happened all the time. Which made me think about how many people walked around my office every day, without me having any idea who they are. If they look professional, I just assume they're legit. And even if they get caught, they can--in most cases--talk themselves out getting in trouble. "Oh, this is 221 2nd Avenue? Damn! I'm in the wrong building. Sorry!"

So I'd try that. Seven days would give me enough time to steal $3,000 worth of stuff, and there are plenty of pawn shops around.

Rizwan Aseem

Rizwan Aseem, Author | Speaker | Visionary. Been broke and back up a number of times...

Mise à jour il y a 164w · L'auteur dispose de réponses 388 et de vues de réponses 11.1m

Last year I had a gun to my head. My bank account was down to my last $1,000 with no job. I had just moved to a new country where I knew no one, had no experience, and not qualifications.

Unable to pay my bills and on the verge of being kicked out...

I discovered the secret formula that helped me get hired for a $75,000 contract in less than a week...

If you follow the steps that I mention below you will quickly realize the hidden power within you and be able to achieve the things that you want to achieve, make the money that you want to make and be able to do the things that you want to do.

You will quickly gain the recognition of your friends, and you will become the person everyone wants to hang out with. Your parents will become proud of you and your friends will gravitate towards you.

Ultimately, by following the steps below you will achieve the wealth, success, and recognition that you desire.

But A Word Of Warning...!!!

This secret is something that most people haven't even heard of.

Because most people haven't heard of this secret - if you tell anyone (your friends, family, or colleagues) they will make fun of you telling you that you're stupid.

I know because I had the same thing happen to me.

This isn't because the secret is stupid - but because it is human nature to ridicule the 'new idea' before it gets accepted.

I implore you, test it out in your own life, go out there and make it happen.

Once you've achieved this success you can then share it with others...

... because people listen to successful people. But new ideas get shot down.

So don't let this idea get shot down unless you've tried and tested it for yourself.

Jetons un coup d'oeil à

How To Make $3,000 in 7 Days, (If Someone Pointed A Gun To Your Head)

Let's assume here that the person holding the gun to your head is asking you to do something impossible.

Which means that you don't currently make $3,000 per week - and have never made $3,000 in a week before.

Here's the step-by-step formula to make $3m000 in one week, if someone has a gun pointed at your head

1. Respirer

This is the most important thing you can do. When you're under stress your breathing will become shallow and your body and mind will become less oxygenated.

With no oxygen in your brain, you wont be able to think. And you need to think, especially in this situation.

So take a deep breath. Close your eyes, and exhale. Repeat 5 times.

2. Pick up a pen and paper and write down your skills

You should already know these, but if you don't, now is the best time to do so. Write everything that you can do on a piece of paper.

Can you cook? Can you knit? Can you write? Are you a graphics designer?

Take no more than 10 minutes to write all your skills and then pick the one that you think is your best skill.

Ideally it should just jump out at you. This is the skill that you will use to make the $3,000.

3. Think of the results that this skill delivers

Think of all the results that your skill can deliver. Not just on a surface level, but at a deeper level.

These are not just aesthetic results, but actual measurable results that you can deliver.

Here I'll show you...

So if you are a graphics designer the result aren't great graphics.

That's a mandatory - but the real result... one that your customer is looking for is...

"To impress their customers with amazing designs" or "Get 5 more customers because your website doesn't look like sh*t"

Depends who you're talking to - a janitorial services company might understand the second statement better.

A financial services guy will like the first one a little better - but will probably sign a contract when he hears the second statement.

4. Translate the value of this result in to actual dollars

If you can help people save money, or make money they will gladly give you all their money.

So translate the result that you will get for them into actual dollars that they will make, or save.

Or help people save time, then you can translate the value of time saved into money.

This is the most essential step.

If you cook and then show them that by hiring your services they will save 2 hours per day.

For a business owner, that 2 hours can be spent making a sale that could bring them a $1,000 client.

So by hiring you they could end up making an extra $30,000 a month.

I know I'm exaggerating here, and you're probably thinking "no way can he make an extra $30,000.... if he stops cooking..."

Don't let your judgements stop you.

It's his responsibility to go out there and make that money.

It is your responsibility to show him that he can with the time you will save him.

5. Think of 3 people you can help achieve that result

This is fairly obvious, you can think of 3 people who could benefit from your design help.

It could be people in your friends, or family, or just an acquaintance.

Think about the 100s of businesses around you, the ones that you interact with the ones that you don't interact with.

The small restaurants, the lawyers, the carpet cleaner, the janitorial services guy... Everyone can use your help.

You just haven't presented them with your offer.

6. Write out a sales presentation

So far you've probably spent the first 2 hours of the day figuring everything out. Now spend another hour to write this presentation out.

Writing is necessary - because it will help you clarify things.

Here's what you include in your sales presentation.

- What's the big problem that you're helping to solve,

- What result they can expect from using your services

- Why should they listen to you

- What is it that you will give them

- What is the monetary value that they can expect to receive

- How much is their investment.

Take 5 minutes to answer each question.

It won't be perfect in 5 minutes, but it will be good enough for you to go out there and make your first $3,000.

6a. Let them sell themselves to your service

Once you've made the sales presentation - don't tell them the price, tell them the results.

Let them come up with a price for themselves. Sure you've got an answer to the investment, but let them sweat a little.

This will help you in two ways - they will always value your price a lot more than you will value your own.

Plus this will give you the opportunity to understand their real objections before they use 'price' as a scape goat.

Answer their objections first, then let them come up with a price - and if they truly, honestly, cannot come up with a price ask them what they would pay for a service like this.

This is where you make the close. Then state your price and shut up. Let them sell themselves to your service. Don't justify it, don't talk. Let the silence hang in the air.

The person who speaks first - loses. You're a winner - so be quiet.

7. Take a shower, shave, and wear your best suit

You're either going to be dead by the end of the week because you didn't make the $3,000 or you'll be super excited that you're alive, because you did make the $3,000.

You'll feel like a million dollars at the end of the week when you're still alive anyway, so might as well wear that suit now.

If you don't have a suit - go buy one.

8. Go make the sales presentation to the 3 people you selected

Whether they buy or not, tell them this is an offer you can only make today and will never be presented again at this price EVER.

Sell to each of them for $3,000 a piece nothing less than that.

Here are two things to keep in mind when you make the presentation.

First, we're all going to die. Whether tonight or in 10 years. So the gunman doesn't matter.

Second, the person you're presenting to needs you more than you need them. You have the skill that will help them make $30,000 more in a month and you're just asking them for $3,000.

Make no mistake, you're giving them a metric TON more than you're asking them to give you - so don't sell with your balls tucked between your legs, go for it full throttle.

Chances are if you did the rest of the exercise you will have your first buyer before you go to the 3rd person.

But every time they say no to you ask them if they know someone in the industry who might be interested, then go make the presentation to those new people.

9. Keep going until you make the $3,000 sale - then go out and sell to another person, just because you're glad to be alive

And to say f*%k you to the gunman.

Now go out there and do this. Put a gun to your own head and make it happen. The only thing stopping you is YOU.

P.S. Follow me on Quora to read more answers like this by hovering on my name Rizwan Aseem and clicking the 'Follow' button the appears.

Alors allez-y et lisez les réponses suivantes

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Que devrait faire une personne de 25, fauchée et sans emploi, avec de grands rêves?

With INR65000, (approx $1050), what can I buy (or invest in) that can be a source of income for me?

Should I quit my job and pursue my passion?

PSS Cliquer ici if you're looking for A 7 step formula to make an extra $4,467 on the side from your passion and escape a dead-end 9 to 5 job?

Raj Raushan (राज रौशन)

Raj Raushan (राज रौशन), The answer is always NO, when I ask myself "Would you actually like to do anything?"

Mise à jour il y a 182w

Suppose this would have happened with Walter White (of Breaking Bad).

Si quelqu'un pointait une arme sur vous et disait que vous deviez gagner $ 3,000 dans les jours à venir, comment le feriez-vous?

He would have certainly gone to his student Jesse Pinkman and Convinced him to work with him to produce the crystal( méthamphétamine ), again.
Both then work their ass off to produce crystal valuing $6,000. Split the money in half and go to their ways.
On the 7th day he meets the man give him the $3000 money and return home safely.

Somehow Skyler comes to know this incident and tell Walter how could be he so sure that the gun man will not threat him again in future?
And then Bamn...everything is changed now hunting of the Gunman starts.

  • either walt call Saul Goodman et d'embaucher micro to hunt the man for which he has to pay another sum of money.
  • or he will mark the man with the help of Saul and apply his Chemistry to kill that guy may be like this ....3:)

Si quelqu'un pointait une arme sur vous et disait que vous deviez gagner $ 3,000 dans les jours à venir, comment le feriez-vous?

Source de l'image: Google
So Beware!! Know the man on whom you are pointing the gun :p
P.S.: This post has been written for Breaking Bad followers.

Danielle Lan

Danielle Lan, Technical Writer, Fiction Writer, Gamer, Reader, Driver, Biker, Thinker.

Répondu il y a 185w · L'auteur dispose de réponses 1.5k et de vues de réponses 4.6m

I'm assuming the important part of this question is earning the money, not just giving him $3k I already have (which would be the easiest).

I have a lot of options:

  • Go to work and earn my paycheck.
  • Play with my stocks and hope I earn $3k.
  • Pick up a contracting gig in addition to my 9-5.
  • Rent out my house and live in my car. Since the renters have to pay first, last and deposit, I'll end up with about $7k.
  • Advertise "escort" services on Craigslist.
  • Pan handle in SF.
  • Play some music on the street.
  • Buy some weed from my sister because she has a medicinal marijuana card then sell it illegally.
  • Write and then sell essays to college kids, illegally.
  • Buy bulk makeup from China, repackage and sell it as designer.
  • Steal jewelry from my mother's house and then sell it.
  • Steal my mom's bank card and empty her account.
  • Set up a scam website and steal other people's debit and credit card information.
  • Script some bots in WoW and other online games and sell them. (true story, my friend did this.)
  • Set up a porn website. (also true story, same friend also did this.)
  • Work with a chinese factory to package "Ebola Prevention Kits" and sell them on the internet. (also true story, same friend did this, except for "Swine Flu". Did I mention he paid his college tuition in cash?)
  • Get a prescription for narcotics, sell them.
  • Become a drug mule.
  • Join the paparazzi.
  • Get a new job and demand a signing bonus up front.

Michael Mooney

Michael Mooney, works at Real Food Works

Répondu il y a 186w

Stone soup his ass.

Si quelqu'un pointait une arme sur vous et disait que vous deviez gagner $ 3,000 dans les jours à venir, comment le feriez-vous?

  1. Tell him that he picked the right dude to rob, because you are in the middle of a big job. like real big. But it could be a lot bigger if you had a bookie. Assuming this guy has some shady connection, no worries, he makes the intro.
  2. When you go to see the bookie, you mention that you have a couple of college buddies that love losing money betting on your ivy league alma maters, but they would need a good money launderer to be in. No problem, he’s got a guy and makes an intro.
  3. While meeting with the money launderer, you mention that one of your high net worth friends has a boss that is looking to was more than betting funds. And it just so happens that he is interviewing a few consultants with a skill set that matches yours. You could get time on his calendar, but it would have to be today, and all of your nice suits are at the dry cleaner. No problem, just so happens that a top tier suit shop cleans some cash with his help. he makes an intro.
  4. While getting fitted for the suit, you present your plan and mention that it should work, but it would be a home run if you could show up in a exotic sports car. just so happens that one of his clients has a small exotic car club and he owes him a favor.
  5. While picking out a $200K to borrow for the day, you mention that you haven’t been able to find a good poker game in long time. Based off the favor that was call in and your fancy suit, he assumes that you have plenty of money to lose, and as it turns our his friend runs a high-stakes, underground poker game and it pays a nice commission to referrals so he makes an intro.
  6. Then you take the car and head to the nicest, most expensive, exclusive bar/restaurant in the city. With your car and suit, getting on the VIP list is no problem. Then wait until last call and spot the rich, lonely, drunk guy at the end of the bar hitting on waitresses. Offer to buy him a drink. While chatting, brag a little about your car to get his competitive juices flowing. Then challenge him to a friendly street race. Since he has nothing else to do, and he is hyped up, he accepts. After beating him by a hair (keep in mind he is drunk and it'll be easy), you give him the opportunity to win it back in poker.
  7. While playing poker use your race money to help him win a couple hands. Once he has a decent chip stack, you offer to introduce him to a money launderer...
  8. Take your cut from the launderer and the poker guy, pay the robber the $3K and bet the rest with a nice bookie you recently met.

Magne Matre Gåsland

Magne Matre Gåsland, Hypothesizer and armchair philosopher

Répondu il y a 187w · L'auteur dispose de réponses 236 et de vues de réponses 674k

Lol, I think the original poster asking the question wanted potential business advice (how to make $3000 in a week, if you had to), and all he got was puns. ��

Here's some half-way sane business advice:

I would go to online marketplaces like craigslist etc. and find people searching to buy certain stuff, then I would find someone selling that stuff, then I would coordinate the sale, and take a cut. Repeat many times. Use many different marketplaces, so that the probability is low that the seller and the buyer have already seen each other's listings and connected for the sale. Basically: Match supply and demand, and take a small commission for it.