Tuesday, February 16, 2010

SBI Smile made me smile :-)

Yes, SBI Smile  made me smile. Till now I google for seed capital through Venture capitalists, Angel Investors etc. But Banks spreading their arms into VC funding is really encouraging and I hope this is not a Gimmick as other Bankers felt.


Highlights

  1. Interest-free seed capital of up to Rs 10 lakh to aspiring entrepreneurs.
  2. Bank will offer a five-year moratorium on paying the seed capital amount.



Worried:
Other banks are not impressed with the scheme. “This is another gimmick. The bank is flush with liquidity and hence this scheme. Otherwise how would you explain that SBI has lowered the target from 29% to 25% for the current fiscal,” said a senior official with a Mumbai-based private sector bank. 


Read the entire News Item here: I Suggest

Tuesday, December 29, 2009

Cash back

Yes, Purchases either offline or online are being influenced by the word cash back. Recently I went along with my friend to buy a net book. When we are closing the deal he found this cash back offer, 5% Cash back on purchases with MasterCard. But the sad part is it will be back after 120 days I guess. However it made him to pay to the retailer through my card and cash back is subject to a max of Rs.700/- even then it is money. 
Check out this I Suggest  which is presently offering varied categories but yet limited offers in the catalogue

Monday, December 28, 2009

Explore yourself


  1.  Can you become an Entrepreneur?
  2.  How to start a Start up?
  3. Confused

These labels turned me to this Blog. However there are no much discussions in the blog under these titles which are googled more. Yes may be the chronology will be like this when we are confused we try to find out How to start a Start up? And surprisingly our latent forces ignite a basic question Can I become an Entrepreneur?
Wait a minute rather than me re writing the same find out at I Suggest