Diary of Ramesh Sharmahttp://shareinterest.rediffiland.com/Diary of Ramesh Sharmaen-usCiti Bank In Huge Financial Crisis.Citi bank, took a major blow duing financial credit crunch after showing huge losses, cost cutting methods and selling bad assets for billions. Citi Bank showed massive $2.5 billion in losses. Newly appointed ceo of Citi Bank, "Vikram Pandit" added that they are working on writing off some bad assets worth billions of dollars, laying off thousand of employees and other methods which will reduce the cost burdan on the bank.

Citi Group registered $US4.5 billion in loan defaults in the second quarter, while also setting aside $US2.5billion to beef up its reserves for future losses. Ominously, bankers are shifting more of their
concern from sub-prime borrowers with blemished credit to solid customers, who, as a group, are increasingly falling behind or defaulting on their loan payments.

Citi bank has been very strict in terms of secured loans or unsecured loans borrowed by the customers. I took secured loans from citi bank way back in 2004 and the process was pretty easy in getting these loans, but when we look at todays market, its very difficult to obtain even secured loans forget about the unsecured one's which were tough to acquire.

Many people are confused with the term secured loans especially in pur country. Please visit above website for more information on Secured and ultimately you"ll know what in unsecured.





]]>Mon, 21 Jul 2008 11:42:04 +0530http://shareinterest.rediffiland.com/blogs/2008/07/21/Citi-Bank-In-Huge-Financial-Crisis.htmlWill Our Govt Stay?The moment we open our television, the first thing that we notice is, whether our govt will stay or will fall. The left party took off their support and is totally against the nuclear deal. Prime minister Man Mohan Singh is on his tour and will be signing nuclear deal with U.S, which opposition parties and supporting parties are against the deal

Despite left party withdrawing their support to the UPA govt, the Indian govt is under huss and fuss, but gained a little momentum due to support from the mulayam singh and amar singh parties.

God knows what will happen, but bloggers what do you guys thing of the nuclear deal and our current govt. I am pretty sure that this govt will never come back in upcoming elections.

Which party are you going to vote?

]]>Thu, 10 Jul 2008 11:27:38 +0530http://shareinterest.rediffiland.com/blogs/2008/07/10/Will-Our-Govt-Stay.htmlFuel Prices At its Peak.Fule prices are going up like crazy with $135 a barrel and many business are struggling to survive. For a live instance, flight delays are costing billions of dollars in fuel loss.

Another scenario stated that Indian Oil, Hindustan Petroleum and Bharat Petroleum projected a huge loss of Rs 200,000 crore in revenues on sale of petrol, diesel, domestic LPG and kerosene.

Looking at all the scenario's, Prime Minister of India may meet on Friday to consider raising petrol and diesel prices among other measures to bailout state run firms that have been reeling under unprecedented high crude prices.

]]>Fri, 23 May 2008 12:05:00 +0530http://shareinterest.rediffiland.com/blogs/2008/05/23/Fuel-Prices-At-its-Peak.htmlWashington Still Considers Online Poker As Class C Felony.Washington court came out with a decision that might hurt every poker lover in that state, now by playing online poker in that state is illegal and class c felony. Now what one should say about that. Class c felony is a very big crime like muder and other serious offense. How could just playing a poker game at your house comfort be illegal and offense.

If you guys don't know what is poker and online poker is ? I have pointed a link to respective sites and you may check it out. You can play free texas holdem poker. Its an interesting game. Learn for free and play for free. First learn the texas holdem rules.

]]>Mon, 19 May 2008 11:36:01 +0530http://shareinterest.rediffiland.com/blogs/2008/05/19/Washington-Still-Considers-Online-Poker-As-Class.htmlIndian Software Professional Arrested.washington news post-->>. ]]>Mon, 19 May 2008 11:28:05 +0530http://shareinterest.rediffiland.com/blogs/2008/05/19/Indian-Software-Professional-Arrested.htmlWhen is apple Iphone getting released.Guys, I was just informed that Apple Iphone will be releasing its product soon in India. Am I right? or it will take some time for apple iphone to come to India. I just love that product and wanted to have one. I heard that Ipohne will be availiable at Reliance stores and other malls or Apple will be open its own store in India territories. Are we goona get Iphone unlocked or locked one.

]]>Sun, 18 May 2008 12:11:02 +0530http://shareinterest.rediffiland.com/blogs/2008/05/18/When-is-apple-Iphone-getting-released.htmlHow Many Of You guys Are Using Vista.Hi guys, i"d like to ask you shoot one question. I want to install windows vista on to my PC, is it worth?. Currently I am using Windows Xp and planning to switch to vista. How many of guys are using vista and are you guys satisfied with the performance.I heard that people are not satisfied with windows vista and due to poor performance.



]]>Mon, 12 May 2008 12:24:17 +0530http://shareinterest.rediffiland.com/blogs/2008/05/12/How-Many-Of-You-guys-Are-Using-Vista.htmlGoogle The King Of Internet Advertising.Recently Microsoft back's off from the deal and this leads to huge fall in share prices of yahoo. A recent article by http://www.reuters.com/article/ousiv/idUSN0540560220080506 has something very interesting written on Microsoft-Yahoo's deal.


]]>Wed, 07 May 2008 19:09:53 +0530http://shareinterest.rediffiland.com/blogs/2008/05/07/Google-The-King-Of-Internet-Advertising.htmlWelcome All.
]]>Wed, 07 May 2008 12:03:05 +0530http://shareinterest.rediffiland.com/blogs/2008/05/07/Welcome-All.html