Page 51 - BANKING FINANCE FEBRUARY 2016 ONLINE

FEATURE

expensive option, but comes with the making any investment, take the time prices he will realize may not represent
discipline of repayment, which means to understand what it takes to access fair value. Brokerage, commissions,
the asset is replenished. Choose the money and ensure good loads, taxes and penalties can impact
between selling the asset or borrowing housekeeping. the liquidation value.
against it.
Forgetting passwords and processes What could an investor do to manage
Third, a thorough understanding of the seriously hurts efficient liquidity liquidity well? Creating an emergency or
process for raising funds is required. management. contingent fund is a much found idea. It
The paperwork needed to liquidate an is common for advisers to ask investors to
asset can vary, depending on market Fourth, there may be several direct set aside money that covers 6 to 12
practices. While fixed deposits can be and indirect cost associated with months of expenses in an easily accessible
drawn before maturity using internet liquidating an asset. A residential investment return, but higher liquidity.
banking facilities, liquidating a post property is indivisible and difficult to The contingency fund is actually a risk
office deposit may require a personal sell at short notice. Gold jewellery can management tool intended to cover an
appearance by the investor. be liquidated only after paying steep unexpected event for which insurance
damages. Financial assets may be cover may not be available. Investors
Only equity shares held in demat form easier to liquidate, but may fetch a should instead build their portfolio keeping
can be solid easily and it is important market price which changes every day. in mind planned liquidity needs and a
to have an active trading account with If the equity markets have crashed on buffer for unexpected liquidity needs.
a broker to do this easily. Before a day, an investor needs liquidity, the (Source: Economic Times)

Vijaya Bank organizes 30th STATE Level Quiz Competition

Vijaya Bank, under the auspices of the Vijaya Bank Cultural Attended by about 600 students/ parents from 100
Club, sponsored a Mega Annual State Level Inter High School schools of the state, the 30th Quiz Contest was
Quiz Competition. The quiz is popularly known as the "Vijaya conducted with much fanfare and celebration. With the
Bank V-GenUTH Quiz contest". It is a popular quiz at the Executive Director, Shri Nageshwar Rao shooting off the
state level where a large number of schools participate and first question and legendary 'Pick Brain' Sri Giri
attractive prizes are awarded to the participants. Balasubramaniam conducting the Quiz programme in
his inimitable style combining professional perfection
The 30th Year State Level Inter High School Vijaya Bank V- and informal warmth, the thronging crowd witnessed
GEN Uth Quiz Contest was conducted on , January 24, 2016 to one of the most keenly contested Quiz events in the
at Auditorium of Vijaya Bank Head Office. recent times. The function was graced by General
Managers along with top management team of the
Bank.

Presenting the Vijaya Bank V-GenUth Quiz Contest
Rolling Trophy to the winning team from PSBB Learning
Academy, Bangalore and the Runner up Trophy to the
team from Presidency School, Bangalore - South, the
Executive Director Sri Nageshwar Rao Y congratulated the
participants from different schools and appreciated the rising
knowledge levels of the younger generation.

Trophies were given to all the finalists apart from Best
Performing Outstation team.

The largely attended function included Executives, officials
and staff members of the Bank apart from parents and
teachers.

BANKING FINANCE | FEBRUARY | 2016 | 51

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