Saturday, February 8, 2014


The name Kerala is derived from Keralaputra or 
the land of the sons of the cheras who were the first rulers of Kerala.

The beaches of kerala had begun to attract 
European guests of the Travancore kings  from the early 1930's .Kovalam is a 
typical example.It was a sleepy coastal village  until the
1960's when backpackers & 'hippies' began to discover the charms of southern beaches.Today Kovalam has few equals as a seaside tourist destination.
The story is similar in other parts of Kerala-the famous backwaters which gave the
name 'venice of the East' to kerala and also the virgin forests & the green hills.
The waterways : Kerala has an extensive network of waterways that lace the interior coastline, from Hosdurg in the north to Thiruvananthapuram in the 
south,covering a distance of560  kms.Also,the large inland lake, entire network of canals,estuaries & waterbodies formed by
the inimitable craftmanship of nature. KUMARAKOM is typical example of the
beautiful waterworld. The many resorts that have sprung up in and around Kumarakom have transofrmed this once quiet & peaceful settlement into a much sought after destination.

Let us see  what the reputed Travel Magazines say about Kerala.

# Kerala-one of the Must see destinations of a life time-National Geographic Travel

#Kerala-One of the 10 Paradises of the world-National Geographic Travel.
# Kerala - One of the great 100 trips of the 21 st century- Travel & Leisure.
# Kerala - One of the 10 hotspots of the millennium - Emirates In-flight magazine.
# Kerala - One of the 10 Love Nests in India - Cosmopolitan.
# Kerala - One of the Six destinations of the millennium  - Khaleej Times.

Thursday, February 6, 2014

Mr.Siddhartha Pahwa,CEO,GENIE & MERU Cabs at the launch.

GENIE cabs ,an initiative Meru Cabs Company offers a safe,professional,efficient & reliable service at affordable price.The introductory offer will be for Rs.12.50 per km. The minimum charges is Rs.100/- for 6 kms.
Ms.Pranitha Subash,Kannada film actress graced the occassion.
The number to be contacted is 
33993399,available 24X7.


Performance comparison for the same period December,2012  

# Net Profit down by 25.20% .
# Operating profit down by 6.71%.
# Global deposits Up by 18.92%.
# Global advances Up by 15.17%.
# CASA Deposits Up by 8.28%.
# Gross NPA is at 2.80% as against 2.31%.
# Net NPA is at 1.66%as against 0.85%. 
# Book value per share increased to Rs.198.17.
# Earnings per share (EPS) stood at Rs.28.84 as against Rs.31.28 in December,2012.
# Capital Adequacy Ratio( Basel II) is at 11.55% & CAR ( Basel III) is at 11.26%.
#The bank declared interim dividend of 25% on 9th january,2014.
#The bank issued share capital to the tune of Rs.200 crores to Government of India
  on Preferential basis on 13.01.2014.
# The bank's board has approved for raising capital by QIP route for Rs.1500 crores.
# The bank's board has approved for raising Basel III compliant bonds 
   for Rs.1500 crores.
# The bank's branches are at 3144.