Dr One Year

Cr Lots of learning and experience

Cr Lots of friends

Cr Lots of happiness and joy

Clearly the credit side seems to outweigh the debit side by a big margin . I hope I made a difference in someone’s life somewhere. At least my life has worked for me till now and I hope it will remain so.

And thanks to everyone for being around. You people make it worth living ..

I love my life … !

After reading shitty reviews about it, we went to the hall having very little expectations from the movie. In fact we only went to watch the world getting destroyed on big screen. The movie started briskly with Nusrat Fateh Ali Khan’s Afreen Afreen being played in background and some supposedly Indian scientist trying their best at Hindi. Slowly the movie created its plot on how we are going to die and then it all started.

I wont talk about the story (everyone knows it anyway) (or the lack of it) but if you are a fan of CG, this movie is for you. There are some great scenes in the movie which kept us occupied throughout. There was a couple sitting in corner seat and even they were watching the movie (lets not get into this talk now ). I never felt bored and enjoyed the movie except for the scene where they abandon a princely Bentley (how could they do this) and continue their journey on foot. It was fun to see the director trying to use  ’Made in China’ Noah’s ships to save the humankind. We all know about chinese product being cheaply available but not having any warranty .. .

So all in all, don’t go by others perception of this movie. If you liked previous movies of this director, you’ll really enjoy it. I loved it.

• My Newspaperwallah : Boy, I hate you already when you deliver the paper late (or not at all) but why do you effing have to announce that you’ve dropped the paper by ringing the doorbell ? I really hate getting up in morning to answer the bell to find there’s no soul outside .. My neighbors don’t steal newspaper if you must know …
• Kachrewali : (I don’t even know if she can even read Hindi / Marathi let alone English .. But for whatever its worth… ) … I don’t understand why do you think I generate enough crap everyday so that you can collect daily … I don’t understand why you look so disappointed when I tell you there’s nothing in the dust bin .. I don’t understand why you don’t show up when I DO put that dust bin in front of my door …
• “Ghar main paanch saal se kam ka bachcha hai kya?” waali’s: I really don’t understand why do you have to come and check every month to find out if I did get a baby miraculously when I already told you last month ..? I know some of you girls might wanna help but have I ever asked any of you “Come on inside and we’ll see what can be done about it” …
• Feedback wallahs : I only have this feedback : If I don’t use your service doesn’t it mean it sucks already .. and if I do use your service : Dude .. Do something about it … It sucks …
• Cablewallah : How come the only time that I get to know of your existence is when you come to collect the monthly bill and not when I complain about your pathetic set top box from hell on an average of ten times a month …?
• Telephonewallah: Well .. I don’t hate you that much anymore .. Not ever since when I fixed my telephone line myself and told you when you did show up on time .. And when I lodged the complain next time and you did show up (after a week) and said “Maine socha aapne khud hi theek kar liya hoga ab tak” … Grrr
• “Saamnewala ghar par hai kya?” wallahs : Moron … If he was home wouldn’t he answer your crappy banging-his-door-for-ten-minutes ..?? I really wonder if the saamnewala has to endure the same pain …
• “Papa ghar par hain kya ?” wallahs : Do I really look this young ..?? I really hate it people think its my dad who works in SBI and not me …
• Whoever comes knocking when I am shaving / taking bath / you know what …
• Towing wallahs : I remember we use to call them in Tonche wallahs … Though you people dont come to my home but added you to this list anyway … I really hate worrying about my ride when I’m shopping or visiting someone …

Hmmm… It looks this can go on and on … I am gonna take a print out of this page and stick it on my door and see if works …

PS: I really think I can start writing more often now … So keep bugging me if I dont blog often …

Here’s to all of you who left us during the recent unfortunate incidents..Here’s to all those who I never knew ..  We might have crossed the road in the same subway .. I might have smiled at your young children .. You might’ve helped me in finding a milestone .. We might’ve shared the same movie taste .. We might’ve helped each other unknowingly ..

These are the moments when one’s faith in higher power is shattered (and someone else’s faith is strengthened ) but I have to confess that I didnt know how to react when people started calling and then telling me that I was lucky not to be at the fateful place .. I was afraid that I’ll hear some bad news any minute .. I kept myself cut off from tv and news .. wasting my time at office pretending to be working and unafraid and uncaring .. But I did care .. You know I did ..

I now understand that I feel more pity for the people who did this than hatred towards them .. I pity them .. I pity their mothers who’ll now never admit that they gave birth to some monsters .. I pity them because I know they met their end on the wrong path .. They dont deserve to get more mention here that this much ..

People say that those who left us have gone to a better place now .. I know it sounds consoling .. But I know this world is left poorer when you are gone .. I know that we’ve lost something which we can never get again ..

… . .. I wonder what was going through your mind in your last minutes ..  Here’s to everyone whom I’ll never see again now .. I mourn for you .. And I feel guilty that I couldnt do anything in your time of horror and pain .. I really wish that this never wouldve happened .. 

Rest in peace all of you .. I’d like believe you’ve really gone to a better place .. .. (Not you who did all this … You’ll rot in hell)

Once there was a little island country. The land of this country was the tiny island itself. The total money in circulation was 2 dollars as there were only two pieces of 1 dollar coins circulating around.

(1) There were 3 citizens living on this island country. A owned the land. B and C each owned 1 dollar.

(2) B decided to purchase the land from A for 1 dollar. So, now A and C own 1 dollar each while B ownes a piece of land that is worth 1 dollar.

* The net asset of the country now = 3 dollars.

(3) Now C thought that since there is only one piece of land in the country, and land is non producible asset, its value must definitely go up. So, he borrowed 1 dollar from A, and together with his own 1 dollar, he bought the land from B for 2 dollars.

* A has a loan to C of 1 dollar, so his net asset is 1 dollar.
* B sold his land and got 2 dollars, so his net asset is 2 dollars.
* C owned the piece of land worth 2 dollars but with his 1 dollar debt to A, his net residual asset is 1 dollar.
* Thus, the net asset of the country = 4 dollars.

(4) A saw that the land he once owned has risen in value. He regretted having sold it. Luckily, he has a 1 dollar loan to C. He then borrowed 2 dollars from B and acquired the land back from C for 3 dollars. The payment is by 2 dollars cash (which he borrowed) and cancellation of the 1 dollar loan to C. As a result, A now ownes a piece of land that is worth 3 dollars. But since he owes B 2 dollars, his net asset is 1 dollar.

* B loaned 2 dollars to A. So his net asset is 2 dollars.
* C now has the 2 coins. His net asset is also 2 dollars.
* The net asset of the country = 5 dollars. A bubble is building up.

* As a result, A has got his debt cleared and he got the 2 coins. His net asset is 2 dollars.
* B ownes a piece of land that is worth 4 dollars, but since he has a debt of 2 dollars with C, his net Asset is 2 dollars.
* C loaned 2 dollars to B, so his net asset is 2 dollars.

* The net asset of the country = 6 dollars; even though, the country has only one piece of land and 2 Dollars in circulation.

(6) Everybody has made money and everybody felt happy and prosperous.

(7) One day an evil wind blew, and an evil thought came to C‘s mind. “Hey, what if the land price stop going up, how could B repay my loan. There is only 2 dollars in circulation, and, I think after all the land that B owns is worth at most only 1 dollar, and no more.”

(8) A also thought the same way.

(9) Nobody wanted to buy land anymore.

* So, in the end, A owns the 2 dollar coins, his net asset is 2 dollars.
* B owes 2 dollars to C and the land he ownes which he thought worth 4 dollars is now 1 dollar. So his net asset is only 1 dollar.
* C has a loan of 2 dollars to B. But it is a bad debt. Although his net asset is still 2 dollars, his heart is palpitating.
* The net asset of the country = 3 dollars again.

(10) So, who has stolen the 3 dollars from the country? Of course, before the bubble burst B thought his land was worth 4 dollars. Actually, right before the collapse, the net asset of the country was 6 dollars on paper. B‘s net asset is still 2 dollars, his heart is palpitating.

* A owns the 2 coins; his net asset is 2 dollars.
* B is bankrupt; his net asset is 0 dollar. (He lost everything)
* C got no choice but end up with a land worth only 1 dollar

* the net asset of the country = 3 dollars.

—————End of the story; BUT—————

There is however a redistribution of wealth.
A is the winner, B is the loser, C is lucky that he is spared.
A few points worth noting -

(1) When a bubble is building up, the debt of individuals to one another in a country is also building up.
(2) This story of the island is a closed system whereby there is no other country and hence no foreign debt. The worth of the asset can only be calculated using the island’s own currency. Hence, there is no net loss.
(3) An over-damped system is assumed when the bubble burst, meaning the land’s value did not go down to below 1 dollar.
(4) When the bubble burst, the fellow with cash is the winner. The fellows having the land or extending loan to others are the losers. The asset could shrink or in worst case, they go bankrupt.
(5) If there is another citizen D either holding a dollar or another piece of land but refrains from taking part in the game, he will neither win nor lose. But he will see the value of his money or land goes up and down like a see saw.
(6) When the bubble was in the growing phase, everybody made money.
(7) If you are smart and know that you are living in a growing bubble, it is worthwhile to borrow money (like A) and take part in the game. But you must know when you should change everything back to cash.
(8) As in the case of land, the above phenomenon applies to stocks as well.
(9) The actual worth of land or stocks depends largely on psychology (or speculation)

So I am remembering the unusually rainy day when I arrived this place dreamy eyed two years ago. As I’ve already blogged about my adventures in the year to follow, I’ve decided to recall and post some incidents that happened this year ..

So here are some notable incidents that happened this year :

• Being scolded for coming late : Hahhaaa .. Man .. I tried defending my case by saying I stay late at office but my DGM says “Officers are on 24 hour on duty ” .. Someone tell him insomniacs cant reach office at seven .. They SLEEP at seven ..
• SBI winning over TCS : So this was the first year that SBI turned the table and won more matches in this season. We in fact won a tourament too this time ( I wasnt playing though and it was NOT the cause we won ) .. My performance was just so so this season .. But I’m playing well in our local matches ..
• I cleared JAAIB : Hahaahaha .. Thats not the news .. News is while I was taking this CAIIB exam, I was warned by the invigilator not to create a ruckus in classroom. He took my admit card and ID card away and I’ve no idea if he had reported me to IIBF .. If he’s done that my chances of being a CAIIB this year are gone .. I hope IIBF dont ban me or something … (
• The adventures of visiting card : Well .. If you carry your visiting cards in your wallet, check them daily .. If you dont distribute them too often, they’ll stick to each other .. And you’ll be embarrased when you’ll give one to someone .. So once in a blue moon I am talking to this hot girl (married already … and I didnt know that ) .. And I decided to show off and give her my visiting card .. Man .. Those cards were stuck to each other and one of them was stuck to my driving license .. It was a funny situation ..
• [Identity Protected] posted a transaction in Live environment : Hahaa .. So it goes like this .. We were assigned to train our newly joined officers .. One of my -close- friend wanted to test whatever he was gonna teach these guys .. So he posted a demand draft transaction .. Catch ? It was in the Live environment instead of test environment he was using earlier .. And funnier was what followed .. We were experimenting with menu options on how to reverse that transaction on Live again ..
• Where are the holidays ..??: Man .. If anything suck about working in Foreign Offices department is that on any given day or time at least one of our offices will be functioning .. So you wont get a lot of holidays to enjoy .. In fact last time I wanted to take leave for going home, my administrator wasnt very keen of giving me a week’s off .. Fortunately my DGM took my side and granted me with this comment to my Admin :  ”Dekhiye _______ ji .. Hum log to ho gaye hain buddhe .. Humain office ke alaawa kuch dikhayi nahi deta hai .. But these young people still have something else in their lives .. Let them enjoy it .. “ 
• I got a passport : Boy .. That was one tough task .. After applying online, you have to goto passport office for submitting and verifying your documents .. That guy wasted my two days ( during MY office hours ) .. Then came the police verification stage .. So I have to visit this police station where our “enlightened” policewalla will ultimately sign the documents .. So for waiting for what seemed like an eternity, ( I remember there was a power cut in police station and it was freaking hot that day ) we were herded to inspector’s room. He checks everyone’s face and sign the document asking him some regular questions .. When my number comes he asks me “Tumcha gaanv kuthe aahe ?” Though flustered on this sudden marathi outcome, I answer him .. He checks my papers and say “Abhi ek saal bhi nahi hua idher rehte aur passport banane aa gaye ..” And tell his assistant to check me again .. Sigh .. The assistant is a nice guy .. He tells me to come next week .. So I come again next week and after another waiting for four five hours, I am again in this Inspector’s room .. He’s doing the same procedure .. My turn comes and he asks me “Tumcha gaanv kuthe aahe ? ” I wonder wtf .. He didnt ask this question to anyone .. and he didnt speak to anyone in Marathi .. why me …?? And he asks me the same questions he asked last time .. And then he remembers me and ask me “Aap pehle bhi aaye they kya ? ” I tell him yes I came earlier too .. Here the assistant comes to my rescue saying sir we have checked everything about him .. The inspector isnt gonna sign this time too .. But our assistant is adamant .. He shows the file again and uttered the magical words :  ”Sir yeh SBI main kaam karte hain !!” .. And I get a new passport .. I didnt know working in SBI was a character certificate .. .. And yeah I am waiting for getting some new stamps on my passport ..
• Lying over the phone : So one of my colleagues in Singapore calls and ask for me .. And I am the one who picked up the phone .. .. I was sooo busy with some other stuff that I forgot his work .. So I tell him ” Shahab didnt come today .. He’s sick ” .. .. Man .. He believed me and then I recieve an sms on my phone for get well soon ..
• Some misadventures of locked up key : This happened twice (or thrice ) this time .. One of the time, I come out of my room with my bike keys and forgets my wallet ( I keep my key in my wallet … Silly me ) .. So bhai goes for shopping and then when its time to pay the shopkeeper, I find out that I have no money .. Well thats the least of my worries .. I have got NO KEY to enter my room .. So I call up Thaslim (my colleague .. stays near my building .. My room’s spare key is with him ) and ask him where he is .. He says .. Just near DY Patil .. So I drive to DY Patil and finds Thaslim walking near the bus stand .. He says “Bahut lucky hai tu .. Main Pune se aa raha hoon .. Kal aane wala tha lekin plan change ho gaya ” ..
• Being stranded on a train : Yeah .. It could happen to you .. I am coming back from my home and expected to join the office on Saturday morning .. And some goods train gets derailed .. So our train driver decides to take a Bharat Darshan tour .. Out train is now going to Nagpur instead of Bombay .. And finally when I reach Bombay, Its Saturdy midnight and I’ve endured a LONG hot day in the train .. Eating junk food and drinking cold drinks worth around hundred rupeee ..
• The Urgent Memo : While I was on train during the above misadventure, I recieve an email .. The subject says “Urgent Memo” and is sent by my Admin officer.. So I download it and when I read it, the content was “Kindly do not sit on the tables.. Sufficient chairs have been provied” .. It turns out there was a “discussion” while I was not in office about people sitting on tables ..
• Getting chased by Pandu the Hawaldar : Ah .. Riding a bike with a different state’s number plate ? This was bound to happen .. First lemme recall another incident : There I was .. Going to office and standing at the traffice light minding my own business and this Traffice constable comes attracted by my bike’s number plate. (This guy thought it was a Mumbai number while it was an MP number .. .. Bombay = MH04 , Bpl = MP04 ).. So he comes and asks me for documents .. I show him driving license, vehicle registration (which he didnt see anyway) .. Then he asks where’s PUC .. (PUC is actually some certificate for pollution generated by your vehicle) I tell him this is a new bike so no PUC is required .. He says no no .. “Yeh Mumbai ki gaari hai .. Idher chalane ke liye PUC lena parega” .. Guess he meant NOC .. I was wondering htf he thought it was “Mumbai ki gaari” .. Anyways I tell him its not with me, I left it at my home .. “Challaan lagega phir to .. ” .. So I try to negotiate and tell him (showing my ID card ) I work for SBI and I am in real hurry to reach my office and he says no no .. “Challan to bharna parega ” and all .. So after more negotiations I ask him he’ll reconsider and take out my wallet . He says .. “Paisa waisa mat dikhaao humain .. ” (I had a lot of money in that wallet.. fortunately he didnt see .. ) And after some sweet talk, he let me go after taking 50 Rs .. After taking the money he says “Student hona tum ..? Isliye chhor raha hoon … ” I said yes yes .. I am student … College ja raha hoon .. And on another day, I am in real hurry to reach office, I jump the traffice light .. Only to find out three constables standing on the turn .. Crap .. One of them saw my jumping the light so he tries to block the road with his stick .. I aint getting stopped .. So I keep speeding and this guy is running after me .. Hahahhaha .. Man what a scene that was .. So after running for some time, he let go and yelled some “Hut saala .. ” at me .. I too yelled at him “Bhag saale .. ” I was wondering if he noted my bike’s number .. … Anyway .. So for the next week I took a different route for office .. Now I am back on the highway and extra cautious ..

Well .. Those were *some* of the incidents that happened .. In fact a lot of things happend this year which I didnt write in my diary .. But all in all .. Another year has passed .. And it will never come back again .. I wonder what I’ll feel after some years reading these posts .. Maybe I’ll be happier then ..

So long .. ..

So the answer to our prayers is a little application called Mobbler. Just let it run in background and listen to music on your phone and it will do what it says. You can either be online and post to Last.fm in realtime as you listen to the music or you can be offline and it will queue up your songs list and submit it when you go online. Very handy if you are listening to music in Offline profile.

I’ve been using it on my Nokia N73 for a more than a week now and I differed writing this post untill I was satisfied that it really does work. And now you can hear me say that. So if you have a compatible mobile phone, then just download and install it on your phone… And start mobbling ..

SBI will use RBI’s NEFT service for interbank transfers. There is no minimum amount limit for NEFT. The amount will be credited to the beneficiary within 3 hours in normal course of business. And if you want to transfer funds above INR 1 Lakh, you may use RTGS. With RTGS, the funds will be settled instantaniously .. As of now there is no service charge applicable for this service. Here’s some info on the service taken from SBI’s Online Banking FAQs:

1. What is Inter Bank Transfer? Inter Bank Transfer is a special service that allows you to transfer funds electronically to accounts in other banks in India through:
   • NEFT - The acronym “NEFT” stands for National Electronic Funds Transfer. Funds are transferred to the credit account with the other participating Bank using RBI’s NEFT service. RBI acts as the service provider and transfers the credit to the other bank’s account.
   • RTGS -The acronym “RTGS” stands for Real Time Gross Settlement. The RTGS system facilitates transfer of funds from accounts in one bank to another on a “real time” and on “gross settlement” basis. The RTGS system is the fastest possible inter bank money transfer facility available through secure banking channels in India.
2. What is the minimum / maximum amount for RTGS /NEFT transactions? 
   

   Type	Minimum	Maximum
   RTGS	Rs. 1 Lakh	No Limit
   NEFT	No Limit	No Limit

3. When does the beneficiary get the credit for a RTGS payment? Under normal circumstances the beneficiary bank’s branch receives the funds in real time as soon as funds are transferred by the remitting bank.
4. When does the beneficiary get the credit for a NEFT payment? The funds will be sent to the RBI within three hours of the transaction. The actual time taken to credit the beneficiary depends on the time taken by the beneficiary bank to process the payment.
5. If an RTGS transaction is not credited to a beneficiary account, does the Remitter get back the money? Yes. If it is unable to credit the amount of the remittance to the account of the beneficiary for any reason, the beneficiary’s bank has to return the money to the remitting bank within 2 hours. Once this amount is received back by the remitting bank, the amount is credited to the Remitter’s account by the remitting bank branch.
6. If an NEFT transaction is not credited to a beneficiary account, does the Remitter get back the money? Yes. If the money cannot be credited for any reason, the beneficiary’s bank has to return the money to the remitting bank . Once this amount is received back by the remitting bank, the amount is credited to the Remitter’s account by the remitting bank branch.
7. At what time during the day /week is the RTGS & NEFT service is available?Presently, NEFT is settled in six batches at 09:30 A.M., 10:30 A.M., 12:00 P.M., 1:00 P.M., 3:00 P.M. and 4:00 P.M. hours on weekdays and 09:30 A.M., 10:30 A.M. and 12:00 P.M. hours on Saturdays in RBI. OnlineSBI sends the transaction requests upto 3:30 P.M. on weekdays and upto 11:30 A.M. on Saturdays.
   .
   RTGS transaction requests will be sent to RBI upto 2:30 PM. on weekdays and upto 11:30 AM on Saturdays.
8. What is the mandatory information required to make an RTGS & NEFT payment? The Remitter has to provide the following details:
   • Amount to be remitted
   • Account number which is to be debited
   • Name of the beneficiary bank
   • Name of the beneficiary
   • Account number of the beneficiary
   • Remarks or description, if any
   • The IFSC code of the beneficiary branch
9. How to find the IFSC code of the beneficiary branch? Based on simple search option- Location, Bank & Branch. The IFSC code will automatically be updated or if you know the IFSC code of the beneficiary bank, you can provide it directly.
10. Do all bank branches in India provide RTGS & NEFT service? No. RTGS facility is enabled only in specific bank branches across India. You can view a list of these branches in the RBI website: www.rbi.org.in/Scripts/Bs_viewRTGS.aspx. NEFT is enabled only in specific bank branches across India. You can view a list of these branches in the RBI website: http://www.rbi.org.in/scripts/neft.aspx.
11. How do I go about using this service? 
    1. You should be an active Internet Banking user with transaction rights.
    2. Log on to www.onlinesbi.com by using your SBI Internet Banking ID and Password.
    3. Click on the ‘Manage Interbank Payee’ link in the ‘Profile’ tab.
    4. Select the ‘Add’ option and provide the Beneficiary Name, Beneficiary Account Number, Beneficiary Bank and transfer limit to register the Beneficiary.
    5. IFSC code of the Beneficiary’s bank can be keyed in by two ways:
       1. Click the IFSC Code option and a textbox is displayed where you can enter the 11 digit IFSC Code of the Beneficiary Bank.
       2. Click the Location option, the following are retrieved and displayed.
    6. Beneficiary Bank Name – Dropdown Menu
    7. Location – Dropdown Menu
    8. Branch – Dropdown Menu
    9. The confirm button will be enabled only after clicking the accept button in the terms and conditions window.
    10. After providing all the details, the beneficiary will be added. It will be shown whether the added beneficiary bank is RTGS or NEFT enabled.
    11. After adding the Beneficiary you will receive a high security password in your mobile number. This is done basically to double check your identity. Provide the password to authorize the Beneficiary After a Beneficiary is authorized you can start transferring funds.
    12. You can proceed to make payments by clicking the ‘Inter bank Transfer’ link in the ‘Payments/Transfers’ tab.
    13. According to the transaction type selected (RTGS/NEFT), the credit account details will be displayed depending on whether the branch is RTGS or NEFT enabled or both.
    14. Select the Beneficiary from the list of registered Beneficiaries.
    15. You can either confirm or cancel the transaction.

This move will further consolidate SBI’s position against ICICI. In my opinion, ICICI’s online banking service was their main benefit as customers could transfer money electronically to any branch .. Now SBI’s customers can have this feature too with no extra cost .. This competition is opening up new initiatives for the benefit of customers .. My verdict : The best just got better… !! Yay ..!