Innovation -The Key to Indias Growth

Has “innovation” become yet another buzzword today, a passing fad… or is it truly the engine of growth?

While
one study published by Businessweek in association with Boston
Consulting Group reveals that 25% of new products launched by
established companies generate enthusiasm amongst users owing to
appropriate utilization of business innovation techniques, another
recent survey revealed that there was contention around the word
“innovation” itself, with 60% of respondents choosing to add their own
definitions. A majority looked at ideas from other domains instead of
brainstorming, prototyping, experimentation or collaboration (as a
technique for finding ideas). Further, most people ranked DaVinci as the
greatest innovator, followed by Edison and Steve Jobs (most didn’t know
who Tesla was)! On a side-note, how many of us can even name five
contemporary Indian scientists?

It is not surprising therefore, to
see many MNCs recently setting up Innovation Centres and Hubs in India,
but not even a single new product idea has come out from them as yet.
Many firms come out with an improvement over an existing product line
and tout that as an “innovation”. Clearly, most seem to be just paying
lip-service or trying to ride this latest bandwagon without the
slightest clue how to really go about the business of innovation.

One
can take a cue from leading global giants such as 3M, Xerox Parc, and
Ideo who are well known for giving us scotch-tape, photocopiers, and
stupendous designs. But not many know that Xerox Parc, for example, have
also come up with innovations such as laser printing, Ethernet, the
modern personal computer, graphical user interface (GUI),
object-oriented programming, ubiquitous computing, amorphous silicon
(a-Si) applications, and advancing very-large-scale-integration (VLSI)
for semiconductors, to name a few.

Some of these innovations had
the power to change the world. How many such examples can we cite coming
out from India or from an Indian company? As a nation, we already have
some of the most talented scientists, academicians, researchers and
engineers along with enough investors, VCs, funding, grants and seed
capital to make it all happen. Yet how many ‘Google’s or ‘Facebook’s
have we launched in the global markets? As the survey mentioned above
revealed, we are happy to “look at ideas from others instead of
brainstorming ourselves” – quite a sorry state of affairs for a country
poised to become the economic powerhouse of this century.

We need
to only look at the history of innovations and new product or technology
launches in US and Europe and correlate that data with the economic
progress of these markets to believe and understand that innovation
really does have the power to bring about a radical change and how it
does so.

However,
all is not lost, as there are a few companies in India such as UNIKEN
(technology innovation solution providers) and Hexolabs (of Mobile
Antakshari fame) who are working in niche areas but growing rapidly and
impacting global markets in an unprecedented way.

Uniken’s
Innovation Centre (located in Pune), is ready with a line of 20-30
innovations of which only two product applications have been launched so
far, and have already become runaway successes! VPSI (Virtual Private
Secure Internet) and TruBank secure internet banking solution are based
on the REL-ID mutual authentication and encryption protocol. This
technology has the potential to be a game-changer in the global BFSI
industry, with most of the leading banks in India having chosen to
deploy the same to protect their customers from cyber fraud and phishing
attacks.

Other innovations by Uniken cut across industry
verticals and have multiple applications – such as Hand Geometry
Biometric Verification System, a micro-AC, solar-powered farming and so
on. And most people would not even have heard about this company that
claims to be the only company in India which is in the “business of
innovation” and has some of the leading experts like Dr. Whitfield
Diffie and Dr. Pat Shankar on its Scientific Advisory Board.

As a
country we have to make a concerted effort to stop being experts at
imitation and start becoming masters of innovation, if we have to
leap-frog an entire generation of technological advances. And our
innovations should focus on developing technology and tools that can
improve the quality of life, make things simpler, better and easier –
and only then would we have created something that has the power to
bring about change.�

Natural Mineral Water Indian Industry Analysis

Natural mineral water
According to American and European Regional Codex Standard, natural mineral water:
is obtained directly from natural or drilled sources from underground water – bearing strata.
is collected under conditions which guarantee the original natural bacteriological purity.
is bottled at the point of emergence of the source with

particular hygienic precautions is not subjected to any chemical treatment.

Indian bottled Water Industry

The bottled water industry in India is estimated at about Rs 1,000 crore and is growing at 40 per cent. “By 2010, it will reach Rs 4,000 – 5,000 crore with 33 per cent market for natural mineral water.

The formal bottled water business in India can be divided broadly into three segments in terms of cost: premium natural mineral water, natural mineral water and packaged drinking water.

It is estimated that the global consumption of bottled water is nearing 200 billion litres – sufficient to satisfy the daily drinking water need of one-fourth of the Indian population or about 4.5 per cent of the global population at the fourth World Water Forum held in Mexico City in March 2006.

In India, the per capita bottled water consumption is still quite low – less than five litres a year as compared to the global average of 24 litres. However, the total annual bottled water consumption has risen rapidly in recent times – it has tripled between 1999 and 2004 – from about 1.5 billion litres to five billion litres. These are boom times for the Indian bottled water industry – more so because the economics are sound, the bottom line is fat and the Indian government hardly cares for what happens to the nation’s water resources. Since 1991-

1992 it has not looked back, and the demand in 2004-05 was a staggering 82 million cases.

Mineral Water Market in India

For example, the per capita consumption of mineral water in India is a mere 0.5-liter compared to 111 liter in Europe and 45-liter in USA.

But over the last ten years, it has witnessed tremendous growth. The change is very much evident. Once a product found mainly at railways stations, mineral water today occupies a place on the shelf in most superstores, grocers and even paanwalas. From a mere 60 towns in the year 1997, it is predicted that mineral water is today available in more than 1000 towns and cities across India. With a compounded annual growth rate of close to 30% over the last decade, the mineral water market has witnessed a large growth in terms of volumes.

The market is highly competitive with the entry of MNCs like Pepsico and Coke. There are a lot of brands available in the market, each with its own proclaimed differentiation.

2.2 Player in the market

In natural mineral water there are very few company like Himalayan, Aava, Evian is playing in the market. 50% of the market is captured by Himalayan.
While a thousand bottled water producers, the Indian bottled water industry is big by even international standards. There are more than 200 brands, nearly 80 per cent of which are local.
Most of the small-scale producers sell non-branded products and serve small markets.
Despite the large number of small producers, this industry is dominated by the big players – Parle Bisleri, Coca-Cola, PepsiCo, Parle Agro, Mohan Meakins, SKN Breweries and so on.

Consumption of bottled water in India is linked to the level of prosperity in the different regions. The western region accounts for 40 per cent of the market and the eastern region just 10. However, the bottling plants are concentrated in the southern region – of the approximately 1,200 bottling water plants in India, 600 are in Tamil Nadu. This is a major problem because southern India, especially Tamil Nadu, is wate starved.

Mineral water business is restricted only to big hotels & Restaurants. This field has lot of scope because of unawareness in the market and people are becoming health conscious.

Make Your Career In Automobile Engineering

Automobile Engineering, a branch of vehicle engineering, deals with different elements of electrical, electronic, software and safety engineering. In this stream, a student learns how to design, develop, manufacture, test and repair and service automobiles. Today the demand of automobile engineer is growing day by day because India has emerged as the global hub of automobile and autocomponents manufacturer. An automotive engineer is involved in almost every aspect of cars and trucks designing from the initial concepts to manufacturing them. We can divide this engineering into three main streams for e.g. product engineering, development engineering and manufacturing engineering. Production engineers are commonly known as design engineers that focus on the design components and systems of a car. As a Development engineer, one may involve in various attributes of a car with performance, durability and speed. On the other hand, the manufacturer engineer is involved with how to make and construct various vehicles.

After completing Automobile Engineering from the top institute, a student has excellent job prospects. If an individual has some knowledge in IT, then he can work in designing, CAD, CAM, ERP, testing etc. And as well as if he has MBA degree, he can work as senior manager materials, SCM, CRM, Operations, production, planning and control, tester, consultant and many more. The career options for automobile engineer are Safety engineering, Emissions Research or Controller, performance engineer, Systems engineer, Operations Research, Vehicle Manufacturing Engineer etc.

Sharda University (SGI), the NCRs largest educational group, also offers B.Tech (automobile engineering) program. This engineering college provides various excellent facilities to the students for e.g. superior quality labs and workshop facilities, world class infrastructure, distinguished faculty members, excellent placement support, soft skills and career skill training, project work, seminars, guest lectures etc. The SGI Institute envisions an ambience of excellence, inspiring value based education, research and development. It also provides excellent support in the placement of students in the top companies of India and abroad. This institute delivers basic education with Application based learning by utilizing Modern Practices.

In short, automobile engineering brings ample job opportunities for the students. In this branch of engineering, a student can expertise in providing help to build and test the vehicles and he also learns how to repair and maintain with the appropriate tools and instruments.

Why Choose an Aviation Career

Late nights. Early mornings. Long shifts spent cooped up in a cockpit, next to a jet engines blast, or shivering on the tarmac. Budget cuts, staff cuts, and contract negotiations. The smell of jet fuel in the morning. Why would anyone choose a career in aviation?

It turns out there are plenty of reasons why. Whether you want to work towards being an airline pilot or an aircraft technician, here are five perfectly good reasons to work in aviation.

You Crave Variety: In the air or on the ground, careers in aviation are never the same-old, same-old. Pilots get to travel the world and see amazing views. They also have the satisfaction of knowing theyve helped their passengers see their loved ones, have the vacation of a lifetime, or make the big meeting.

Technicians and mechanics get to work on different machines, learn new tools, and have the satisfaction of knowing they keep air travel safe.

You Love Solving Problems: If youre technically-minded and enjoy figuring things out, aviation is for you. Entering an aviation career requires rigorous study of aeronautics, mechanics, and scientific principles. Once youre on the job, youll have the opportunity to put your skills and knowledge to work every day.

Whether its the pilot who needs to make a course correction or the avionics technician testing a faulty radar, careers in aviation offer plenty of puzzles.

You Want a Stable Income: The aviation industry is one of the most resilient economic sectors. According to Boeing, the market for air travel has been growing at an average annual rate of 5% since 1964 — nearly fifty years of continuous expansion.

Whats more, this growth trend shows no sign of stopping, especially with rising demand for air travel in China, India, and many African nations. While nothing is guaranteed in life, choosing to make your career in this industry is a smart bet.

You Want Options: Training in an aviation-related field doesnt mean you need to get a job at a big-city airport. Pilots can opt to fly for sightseeing tours, gain instructor certification, work for cargo companies, fly planes for aerial surveys, or participate in search, rescue, and recovery operations.

Mechanics can take jobs in repair shops, work towards inspector certification, or even open their own maintenance companies. In fact, mechanics and technicians have skills that can transfer to industries other than aviation. Many go on to work in other transport sectors, heavy industry, or even for amusement parks.

You Actually Love the Smell of Jet Fuel in the Morning: Or any time at all! Many adventurous souls are drawn to careers in flight or aviation. If youre one of them, its likely theres almost nothing that will stop you pursuing your dream. Some people are just burning to fly.

Whether you want to become a pilot or maintain and repair aircraft, make sure you choose an FAA-approved training program. Work hard, put your hours in, and watch your career take flight.

Why Is Alternative Medicine A Rewarding Career Option

With the ever-increasing cost and undesirable side effects of the conventional Western method of medicine, we have witnessed a constantly increasing interest in alternative medicine system. While there is an alternative medicine school in almost every part of the world now, aspiring alternative medicine practitioners are still doubtful about this as a prospective career option. However, contrary to the standard notion, alternative medicine actually has much scope now as an effective career. The speed at which each new alternative medicine school is opening now is itself an indication of the future scope of this career.

The career you take up will depend on the level of education you obtained from your alternative medicine school. If you are business minded, you may get into selling herbal remedies, dietary supplements, and various other holistic products. If you belong to an agricultural background, you may get involved in cultivation of herbs. You will definitely have a never failing career as a massage therapist, as so many spas and gyms that are sprouting everywhere need the same. Even standard acupuncture clinics and Ayurveda centers are more interested in people who are licensed practitioners from some alternative medicine school rather than those with knowledge only and no degree.

If you take up alternative medicine as a career option, not only will your career be very financially rewarding, but your cost of education from an alternative medicine school will be very minimal as well. An alternative medicine schools gives you the provision of distance learning, whereby you can obtain your degree online, studying and researching in your own surroundings. This is particularly beneficial for students who want to study from a different country. You will not have to attend regular classes at an alternative medicine school, you can obtain your degree online wherever you are, and your graduation will be very speedy as well.

One country where alternative medicine has become a very flourishing and promising career option is India. India is the land where many traditional alternative medicine therapies like Ayurveda, Unani, and Yoga originated. Even today, most rural areas in India have alternative medicine in the form of traditional knowledge as the only form of treatment in their areas. In a developing country like India, where so many alternative medicine therapies have been practiced for years, this career is of enormous scope for it is not only very cost effective but also has no harmful side effects.

There are abundant alternative medicine schools in India offering degrees and diplomas in many alternative medicine courses. Students qualified from alternative medicine schools in India are getting employment in treatment centers, hospitals, training centers, resorts, spas and so on. And with the introduction of distance learning, many foreign students who acquire degrees online from the alternative medicine schools in India, are also being able to get various job opportunities in their respective countries.

Career In Fashion Marketing

A career in fashion marketing is a highly challenging and fast-paced job that requires the professional to remain on the alert to the changes happening in the industry. There are many creative schools that cater to meeting the needs of the market by producing professionals in marketing through offering the disciples with excellent training in all the essential elements.

Most fashion schools keep a close vigil for natural creative instincts in the people before agreeing to undertake the training. The natural artistic inkling ensures better prospects to produce concrete results with a better understanding of the market demands and the latest trends. A designer must not only be an expert in fashion designing and marketing, but also has to be business savvy and understand customer psychology in successfully surmounting the challenges set by the career.

These fashion marketers are quite innovative. Basically, the profession is all about getting united with the different demands of the consumers. For instance, in the fashion industry, style, color, symmetry, usability, comfort, style, and material are some of the elements which the designers have to keep in mind while designing a line of clothing. The fashion marketers go one step ahead by deciding the finest methods to promote the features of the clothing to the consumers and to which set of consumer to promote it to. It is very important that the fashion marketers are aware of the latest fashion trends and they should know what style will suit a particular occasion, area, or age group.

Career in fashion designing is very bright and has a brilliant scope. All the famous fashion designers are earning huge remuneration and are recognized and appreciated widely for their work and designs. There are other fields in designing such as jewelry designing, interior designing, Garment and footwear designing. All these fields of designing are very popular among students due to good income and bright prospects.

The role of fashion marketers is very important in the fashion industry as they are the link between the common man and the designers. The success of line of clothing is not only dependent on its design. The reason is that marketing is just a tool through which the designer recognizes the public and the public recognizes the designer. Without this, it is impossible to build a consumer base which is needed to make the line of clothing a major success.

Easier way for upcoming fashion designers, the government as well as privately funded institutions have introduced comprehensive courses. In past five years India has seen lot of institutes popular and huge amount of students joined, course of fashion as a serious degree.

Success in CAT provides launching PAD to your career

Common Admission Test (CAT) is a test conducted annually by the Indian Institute of Management (IIM) for the admission to the Post-graduate and Fellow Programs in management courses of several management institutes in India. Career Launcher is the leading institute for the preparation of Common Admission Test(CAT). Career Launcher nurture students to attain high ranks in CAT Entrance exam. As higher ranks in entrance exam is the only way to get admission in top management colleges in India.

Career Launcher conducts classroom programmes and study materials that helps its students to stay ahead in the competition & gives students the freedom to pick whatever they want. Career Launcher initially prepares its students for the written exam and then conducts personal development programmes in order to help students in crossing the last hurdle of group discussion and personal interview.

Career Launcher conducts weekly test at the all India level among Career Launcher students, which helps them to realise their potential. It gives their students unique opportunity to perform weekly and see their rank potential among the actual CAT aspirants. The macro and micro level of analysis helps students in understanding the strong and their weak areas.

They believe that continuous practice is the essence of success in CAT exam.

Career Launcher has highly experienced Gurus which are specialists in their subjects. They feel that every student has the potential to succeed, and this has to be brought to the fore through sustained hard work and appropriate guidance. Special care is given to students who have been weak in their academics in the past. At the time of joining the institute, he has to go through a thorough analysis depending on which the mentor guides them during the entire preparation process. Career Launcher students are excelling largely due to their unique teaching methodology, commitment and dedication of their faculty.

Career Launcher is way ahead of other CAT preparing institutes because of its methodologies which are unique and helps the students identify their strengths and weaknesses. Much care has been taken in designing the study materials which are updated from time to time. Our courses enable students to build core concepts, achieve higher accuracy and speed which ensures 100% success in entrance examinations.

Online Career Counselling Consultant Mba, Cat, Gmat, Mat, Uptu India

Career Counseling

Before starting with career counseling, first of all let us understand what actually career is? In simple terms career is a course of action which is chosen to go ahead for working life or professional achievements.

It is really a crucial step in everyone”s life what career to choose as there are various alternatives but selection is made on the basis of various criteria. Some of them are: Area of interest, Personality, Aptitude, Assess your strength and weakness, skills, Possibility and Opportunities, Capability, Feasibility and guidance, Nature of work, financial aid and scholarship.

Career counseling is foremost requirement which helps student to assess interests, personality, values and skills, and explore career options & research graduate and professional schools. Effective career counseling and career coaching programs can provide career changers with the objectivity needed to find a satisfying career. It can further help you create a career change strategy that will transform your life.

Career assessment is a major part of career counseling services which helps in the self-discovery process. It makes you aware of your interest, right career choice for you and strength and weaknesses associated with it.

Once career is assessed, next step in career counseling services is career planning which is almost dependent on dreams and aspirations in life. But again dreams can be many, it depends how much can be practically fulfilled which could be further decided with the help of career counselor.

Now the main question arises from whom career counseling should be done or search of right counselor should be done. A counsellor is a person who has the psychological understanding of the environment you are functioning and the current job market with proper analysis and findings.
A counselor evaluates and judges your corporate skills and also suggests personality improvement which enhances your all around development. One should ensure a pragmatic and practical approach to display your concerns with a career counsellor.

The actual need of career counseling arises once a student passes 12th. There are many options available in various fields depending on the streams chosen in 10th. Some of them are:
Career in management stream
Career in computers and IT
Career in engineering
Career in medical
Distance Education
Vocational Courses

Career counseling in India is being provided by conducting various seminars, counselors and experts, magazines; books are also available which help in providing right guidance. But the most popular source of providing counseling services in India is online services in the form of chat, experts” views, and much more in various websites which specifically focuses in providing right guidance to students in terms of their career.

Animation Career & Top Animation Institutes In India

Animation in India has emerged as one of the most promising career options. One can make out the same from the wide-ranging Television Programs, cartoons, advertisements, animated movies, and computer games that are created to cater to varied entertainment requirements. Today, a large number of government and private animation studios & production houses can be seen mushrooming around and proving immense career opportunities in the field of Animation. So, what are the career opportunities in Animation and from where one can get specialization in it? Continue reading to find out the answer.

Career Opportunities In Animation:

Indeed, an artistic mind can do wonders and world eventually recognizes it. The same holds true for an animator who has a vast number of career opportunities to explore. Below-mentioned are some of the jobs that one can get as animator:

Modeler

Story Broad Artist

Character animator

Background artist

Layout artist

2D animator

Scanner operator

Compositing artist

Special effects artist

Audio & video specialist

Texture artist

Rigging artist

Clean-up artist

Lighting artist

Editor

Key frame animator

Rendering artist

3D animator

Compositor

Top Animation Institutes In India Are As Follows:

To kick start your career in the field of animation, first get specialization as animator from any of the leading institutes mentioned below:

Arena Multimedia

National Institute of Information Technology (NIIT)

Tekno Point Multimedia

Picasso Animation

Maya Academy Of Advanced Cinematics (MAAC)

Whistling Woods International

MasscoMedia, Noida

Zee Institute Of Creative Arts (ZICA)

The Toonz-Webel Academy

The JJ School Of Arts

Hearts Animation Academy

Global School of Animation

Apeejay Institute of Design, South Delhi

Escotoonz Animation

Institute Of Multimedia Arts & Graphic Effects (Image) Bangalore, India

Dhiyoh International School of Design (DISD), Pune, India

Get admission in the leading Animation Institute, if you want to have bright Animation Career. Well, there are several ways that you can choose to find information about the Top Animation Institutes in India, but to get right and complete information, choose to contact SabkaCareer. It is one of the widely known names as Online Education Portal. The professionals at SabkaCareer are there to guide you about the top most Animation Institutes in India as well as will help you to understand the scope for Career in Animation. Visit and know in detail about the right Course, College, Tutors, Scholarships, Trainers, etc.

A Study on Marketing Strategy of Banking Industry in India-Allahabad Bank

The Oldest Joint Stock Bank of the Country, Allahabad Bank was founded in April 24th of the year 1865 at the confluence city of Allahabad by a group of Europeans. At that occasion Organized Industry, Trade and Banking started taking shape in India. Thus, the History of the Bank spread over three Centuries – namely Nineteenth, Twentieth and Twenty-First. As a leading public sector commercial banks in India, Allahabad Bank offering banking products and services to corporate and commercial customers and retail customers. The Bank particularly focuses on the retail banking while serving all sectors of the Indian economy. Bank’s operations for corporate and commercial customers cater to large corporate customers as well as to small and middle market businesses and Government entities. Corporate and commercial products include Term Loans, Bill Discounting, Export Credit and other business credit and financing products. Also the bank offers a wide range of retail products including Home Loans, Personal Loans and Automobile Loans as well as Debit Cards. In addition, specialised products and services to the agricultural sector also one of entity of the bank. All the above products and services of the bank offered through extensive branch network, extension counters, ATMs, phone banking and the Internet. This article will be helpful in writing Project Report on Marketing.In Twentieth Century, The Bank became a part of P & O Banking Corporation’s group with a bid price of Rs.436 per share in 1920. The Head Office of the Bank was shifted to Calcutta on business considerations during the year of 1923. The Bank crossed its century year in 1965. In July 19th of the year 1969, Allahabad Bank was nationalized (with 151Branches – Rs.119 crores of Deposits and Rs.82 crores of Advances) along with 13 other banks. United Industrial Bank Ltd was merged with the bank in October of the year1989. The Bank made a foray into merchant banking activity in 1984 and subsequently instituted AllBank Finance Ltd as a wholly owned subsidiary for Merchant Banking in the year of 1991. The Official Language Implementation Committee of Calcutta awarded the Rajbhasha Shield to the Bank as Second Prize for its best performance for the year 1991. During the year 1995, The Bank had entered into an MOU with the Small Industries Development Bank of India (SIDBI) for financing small-scale industrial units. In 1996, The Bank had set up Information Technology Centre to provide in-depth computer training to Officers at Calcutta and Lucknow. Consequent to the SEBI Rules and Regulation the company surrendered its merchant banking registration in 1998 and got it registered as a Non Banking Financial Company (NBFC) with Reserve Bank of India (RBI). In the same year of 1998, the bank had received permission from the RBI for gold trading. Allahabad Bank has entered into an arrangement, informally though, with IDBI and ICICI in regard to funding of infrastructure projects. During the year 1999, Allahabad Bank has launched two new schemes to increase the pace of credit off take and in the same period TATA Consultancy Services (TCS) has entered into a contract with Bank for implementing the Integrated Standard Banking System (ISBS), a branch mechanisation package at 60 branches. The Bank bagged three major core sector clients, namely the National Thermal Power Corporation (NTPC), Power Grid Corporation and Indian Railway Finance Corporation Ltd (IRFC). This report shows that Allahabad Bank has performed well which is reflected in its Ratio Analysis Reports In Twenty-First Century, Allahabad Bank has launched its new personal loan scheme for pensioners in the year of 2001. As at October of the year 2002, the bank came out with Initial Public Offer (IPO) of 10 crores share of face value Rs.10 each, reducing Government shareholding to 71.16% and in the same year 2002, Allahabad has tied up with National Institute of Banking Management, Crisil and Earnst & Young for development of HRM, risk Management and general business strategy. The Bank has seized the commercial assets of the Guarantors of Ramolene Fabrics (P) Ltd in 2003 at Mumbai and signed a Memorandum of Understanding (MoU) with Corporation Bank for mutual sharing of their ATM Network. The Bank has entered into an MOU in the year of 2004 with the Export Credit Guarantee Corporation of India (ECGC) for distribution of their products to the exporters. UTI Mutual Fund and Allahabad Bank on April 5, 2004 announced a strategic tie-up for distribution of UTI MF schemes. During April of the year 2005, the bank made Follow on Public Offer (FPO) of 10 crores equity shares of face value Rs.10 each with a premium of Rs.72, reducing Government shareholding to 55.23%. The Bank has signed MoU with Mahindra Gujarat Tractor Ltd in the identical year 2005 for financing Hindustan brand tractor under special finance scheme. Allahabad Bank transcended beyond the National Boundary, Allahabad bank had opened a representative office at Shenzen, China in June 2006. In October of the same year 2006, the bank rolled out its first branch under Core Banking Services (CBS). During February of the year 2007, The Bank opened its first overseas branch at Hong Kong. During the calendar year of 2007, 100 more branches opened throughout the country, the total number of branches were stirred from 2042 to 2142 of which rural are 983 (46%), semi-urban 402 (19%), urban 450 (21%) and metropolitan 307 (14%). There is no doubt that reading Banking Industry Reports is essential for knowing the history of a bank. Allahabad Bank has opened its 2154th branch in at Pudukkottai, Tamil Nadu during March of the year 2008. The Bank has 211 ATM’s and Card members can now have access at over 16500 ATM’s all across the country under National Financial Switch. One of the premier nationalised banks of the country, Allahabad Bank has commenced the process of implementing the Agricultural Debt Waiver and Debt Relief Scheme-2008 in June of the year 2008. The Bank has improved its performance and established its visibility and strong presence in the market. The Bank is steadily moving at a faster pace to consolidate its position in the coming days introducing extensive computerization to ensure the state-of-the-art service comfort for its customers. The Bank has already in hand 116 authorizations for opening of new branches. Bank’s plan is to expand in areas where the Bank’s presence is not very much visible now and where business potentiality is good.