Why this Post :
We are in extraordinary times since the deposit rates are back again to 10 % . 10 is a number around which economist predict a recession ahead , especially for a growing economy such a number is a huge anomaly . Economics aside any rate of interest above 8 is considered good return on investment . What i attempted here is to consolidate the rates offered by Indian PSU banks on term deposits and recurring deposits . It will be a great idea to keep small amount in long term FD or better still open an RD of long tenure for kids or other planned expenses 🙂 .

This post was created to make a starting point for your decision making .

Some points to consider .
1. FDs and RD’s can be put as collateral against loan (usually .5 % high that FD rate ) .
2. Senior citizens are offered half a percent more rate of interest ! You may put money on names of your parent completely or you may open a joint FD with your parents name as first and yours as second . In this case you will get rate applicable to senior citizen and you will still hold legal claim on the FD .
3. Some banks started to offer floating rate FDs , which personally dis favour (FD and insurance should be simple) .
4. RBI may hike rates again so don’t park it all .

A good strategy is to split your desired amount into 3 or 4 parts and create FDs of 6 month , 1 year and 2 year duration . This way in case of need you are not forced to break the entire big FD for urgent need . If all goes well then you can keep on rolling the short term FDs . One need to work out parts and duration on his / her personal need .

Limitation of this Post : .
1. Banks generally offer different rates for deposits of below 1 lakh , 1 to 15 lakh and above 1 crore . Its better to check at branch for such caps .
2. Different banks offer diff penalty for premature withdrawal , this post does not cover that .
3. Since the environment is competative , your bank may offer a limited period higher rate under some scheme .
4. Private sector bank and co-operative banks are not considered .

Public Sector Banks
Sr.No	Public Sector Banks	Web Site
1	Allahabad Bank	www.allahabadbank.in
2	Andhra Bank	www.andhrabank.in
3	Bank of Baroda	www.bankofbaroda.com
4	Bank of India	www.bankofindia.com
5	Bank of Maharashtra	www.bankofmaharashtra.in
6	Canara Bank	www.canarabank.com
7	Central Bank of India	www.centralbankofindia.co.in
8	Corporation Bank	www.corpbank.com
9	Dena Bank	www.denabank.com
10	IDBI Bank Limited	www.idbi.com
11	Indian Bank	www.indianbank.in
12	Indian Overseas Bank	www.iob.in
13	Oriental Bank of Commerce	www.obcindia.co.in
14	Punjab & Sind Bank	www.psbindia.com
15	Punjab National Bank	www.pnbindia.com
16	State Bank of India	www.statebankofindia.com
17	Syndicate Bank	www.syndicatebank.com
18	UCO Bank	www.ucobank.com
19	Union Bank of India	www.unionbankofindia.co.in
20	United Bank of India	www.unitedbankofindia.com
21	Vijaya Bank	www.vijayabank.com

 

Allahabad Bank : http://www.allahabadbank.in/depositschemes.asp

 

Tenor	Existing Interest Rate p.a. (%)		Revised Interest Rate p.a. (%) (w.e.f. 18.02.2011)
	For below Rs. 1 cr	For Rs.1 cr to less than Rs. 5 cr	For below Rs. 1cr	For Rs.1 cr to less than Rs. 5 cr
7 days to 14 days	2.50	2.50	2.50	2.50
15 days to 29 days	4.00	2.75	4.00	2.75
30 days to 45 days	4.00	3.00	4.00	3.00
46 days to 60 days	5.00	4.00	5.00	4.00
61 days to 90 days	5.00	4.00	5.00	4.00
91 days to 179 days	6.00	5.75	6.00	5.75
180 days to 269 days	7.00	6.25	7.00	6.25
270 days to 364 days	7.50*	6.50	7.75*	7.25
1 year to less than 2 years	8.00**	7.25	8.75**	8.50
2 years to less than 3 years	8.25	6.00	8.50	8.00
3 years to less than 5 years	8.25	6.00	8.50	7.75
5 years and upto 10 years	8.25	6.00	8.00	7.50

 

Andhra Bank : http://andhrabank.in/english/InterestDeposits.aspx

 

Sr No.	Maturity Period	Rates of interest (%) per annum
		Less than Rs.15.00 Lacs	Rs.15.00 Lacs  to < Rs.1.00 crore	Rs.1 crore  to   < Rs.2.00 crore	Rs.2 crore  to Rs.10.00 crore	Above Rs.10.00 crore
1	7 days to 14 days #	3.50	3.50	3.50	3.50	3.50
2	15 days to 45 days	3.50	3.50	3.50	4.50	4.50
3	46 days to 90 days	4.00	4.00	4.00	5.25	5.25
4	91 days to 119 days	6.75	6.75	7.75	7.75	7.75
5	120  to 179 days	6.75	6.75	7.75	7.75	7.75
6	6 months to < 1 year	8.00	8.00	8.00	8.00	8.00
7	1 year to < 16 months	9.00	9.00	9.00	9.50	9.00
8	16 months to < 33 months	9.25	9.25	9.25	9.50	9.25
9	33 months to < 3 years	8.50	8.50	8.50	9.50	8.50
10	3 years to < 5 years	8.60	8.60	8.60	9.50	8.60
11	5 years to 10 years	8.00	8.00	8.00	8.00	8.00

 

Bank of Barod  : http://www.bankofbaroda.com/interest.asp

 

Maturity Range	Deposit [Per Annum] less than 1 crore
7 days to 14 days	4.00%
15 days to 45 days	4.00%
46 days to 90 days	4.00%
91 days to 180 days	6.25%
181 days to 270 days	7.00%
271 days & above but less than one year	7.50%
1 year and upto 443 days	9.00%
Baroda Utsav Deposit scheme (444 days)	9.35%
– 445 – days and upto 3 years	9.00%
Above 3 years upto 10 years	8.50%

 

Bank of India : http://www.bankofindia.com/rupeetermdeposit.aspx

Maturity	For deposits less thanRs. 15 lakh		For deposits Rs. 15 lakh & above but less than Rs. 1 Cr.		For deposits of Rs. 1 Cr. and above but less than Rs. 5 Cr.		For deposits of Rs. 5 Cr. & above
	Existing w.e.f. 04.02.11	Revised w.e.f. 10.03.11	Existing w.e.f. 04.02.11	Revised w.e.f. 10.03.11	Existing w.e.f. 04.02.11	Revised w.e.f. 10.03.11	Existing w.e.f. 04.02.11	Revised w.e.f. 10.03.11
07 days to 14 days *	2.50	2.50	2.50	2.50	2.50	2.50	2.50	2.50
15 days to 30 days	2.75	2.75	2.75	2.75	2.75	2.75	2.75	2.75
31 days to 45 days	3.00	3.00	3.00	3.00	3.00	3.00	3.00	3.00
46 days to 90 days	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
91 days to 179 days	6.25	7.00	6.25	7.00	6.25	6.25	6.25	6.25
180 days to 269 days	7.25	8.00	7.25	8.00	6.75	6.75	6.75	6.75
270 days to 364 days	7.50	8.00	7.50	8.00	7.00	7.00	7.00	7.00
1 Year to less than 2 Yrs except 555 days	8.75	9.00	8.75	9.00	9.50 on  20.05.2011 will be declared daily)		9.50 on 20.05.2011 (will be declared daily)
555 days #	9.25	9.25	9.25	9.25
2 Years to less than 3 Years	8.25	8.25	8.00	8.00	8.25	8.25	8.25	8.25
3 Years to less than  5 years except for 1111 days	7.75	7.75	7.75	7.75	7.25	7.25	7.25	7.25
1111 Days **	8.25	8.25	8.25	8.25	8.25	8.25	8.25	8.25
5 years to less than 8 years	7.00	8.50	7.00	8.50	7.00	7.00	7.00	7.00
8 years to 10 Years  and above	7.00	8.75	7.00	8.75	7.00	7.00	7.00	7.00

 

Bank of Maharashtra : http://www.bankofmaharashtra.in/int_chart.asp

 

Duration	For amount less than  Rs 1 Cr.		For amount Rs 1 Cr. to Rs 5 Cr.
	Existing rates w.e.f. 10.01.11	Revised rates w.e.f. 16.05.11	Existing rates w.e.f. 10.01.11	Revised rates w.e.f. 16.05.11
7 days to 14 days	2.50	4.00	2.50	6.25
15 days to 30 days	3.50	4.00	3.50	6.25
31 days to 45 days	4.00	4.00	4.00	6.25
46 days to 60 days	5.00	5.00	5.00	6.50
61 days to 90 days	5.00	5.00	5.00	6.75
91 days to 180 days	6.50	6.50	6.50	7.00
181 days to 270 days	7.25	7.25	7.25	7.25
271 days to less than 1 year	7.25	7.25	7.25	7.25
One Year or 365 days	8.55	8.55	9.00	9.00
Over 1 year to less than 3 years	8.55	8.55	8.30	8.30
3 years (Mahalaxmi Term Deposit)	8.60	9.00	8.30	8.30
Over 3 years to 5 years	8.30	8.60	8.30	8.30
Over 5 years	8.00	8.00	8.00	8.00

 

 

Canara bank : http://www.canarabank.com/English/Scripts/DepositAccounts.aspx

 

Term Deposits ( All Maturities)	For Deposits Less than  Rs.1 crore		For Deposits Rs.1 crore  & above to less than Rs.10 crore #
	General Public	Senior Citizen
7 days to 14 days **	4.00	4.50	5.00
15 days to 30 days	4.50	5.00	5.00
31 days to 45 days	4.50	5.00	6.25
46 days to 90 days	5.50	6.00	7.50 *
91 days to 179 days	7.00	7.50	8.00 *
180 days to 269 days	8.00	8.50	8.25 *
270 days to less than 1 year	8.00	8.50	8.25 *
1 year & above to 554 days	9.10	9.60	9.10 *
555 days	9.25	9.75	9.10
556 days & above to less than 2 years	9.10	9.60	9.10 *
2 years & above to 999 days	9.00	9.50	9.00 *
1000 days	9.00	9.50	9.00
1001 days & above to less than 3 years	9.00	9.50	9.00 *
3 years & above to 1199 days	8.50	9.00	8.50
1200 days	9.00	9.50	9.00
1201 days & above to less than 5 years	8.50	9.00	8.50
5 years & above to less than 8 years	8.75	9.25	8.75
8 years & above to 10 years	9.00	9.50	8.75
*  Rates offered on daily basis. Contact the nearest branch.

 

Central Bank of India :Not Given !

 

Corporation Bank : http://www.corpbank.com/asp/0100text.asp?presentID=60&headID=0

MATURITY PERIOD	For Deposits upto & including Rs. 15 lakhs	For Deposits above Rs. 15 Lakhs but less than Rs.1 Crore #
07 DAYS TO 14 DAYS @	1.00	1.00
15 DAYS TO 29 DAYS	3.50	3.50
30 DAYS TO 45 DAYS	5.00	5.00
46 DAYS TO 60 DAYS	5.50	5.50
61 DAYS TO 90 DAYS	5.50	5.50
91 DAYS TO 120 DAYS	6.50	6.50
121 DAYS TO 179 DAYS	7.00	7.00
180 DAYS TO 270 DAYS	8.00	8.00
271 DAYS TO 364 DAYS	8.00	8.00
365 DAYS	9.00	9.00
366 DAYS TO LESS THAN 2 YEARS	9.25	9.25
2 YEARS TO LESS THAN 3 YEARS	9.25	9.25
3 YEARS TO LESS THAN 5 YEARS	9.25	9.25
5 YEARS TO LESS THAN 8 YEARS	8.75	8.75
8 YEARS & UP TO 10 YEARS	8.75	8.75

Dena Bank : http://www.denabank.com/viewsection.jsp?id=0,3,21,125

 

MATURITY PERIOD	For Deposits upto & including Rs. 15 lakhs	For Deposits above Rs. 15 Lakhs but less than Rs.1 Crore #
07 DAYS TO 14 DAYS @	1.00	1.00
15 DAYS TO 29 DAYS	3.50	3.50
30 DAYS TO 45 DAYS	5.00	5.00
46 DAYS TO 60 DAYS	5.50	5.50
61 DAYS TO 90 DAYS	5.50	5.50
91 DAYS TO 120 DAYS	6.50	6.50
121 DAYS TO 179 DAYS	7.00	7.00
180 DAYS TO 270 DAYS	8.00	8.00
271 DAYS TO 364 DAYS	8.00	8.00
365 DAYS	9.00	9.00
366 DAYS TO LESS THAN 2 YEARS	9.25	9.25
2 YEARS TO LESS THAN 3 YEARS	9.25	9.25
3 YEARS TO LESS THAN 5 YEARS	9.25	9.25
5 YEARS TO LESS THAN 8 YEARS	8.75	8.75
8 YEARS & UP TO 10 YEARS	8.75	8.75

 

 

IDBI :  http://www.idbi.com/interest_rate.asp

 

Tenor	Upto 15 Lac (%)	Above Rs.15 lakh upto Rs.1 cr (%)
15-45 days	4.50	4.50
46-90 days	6.50	6.50
91 days – < 6 months	7.75	7.75
6 months- 269 days	8.15	8.15
270 days- 1 year	8.50	8.50
1 year 1 day-499 days	9.00	9.00
**500 days	9.50	9.50
501 days	9.00	9.00
> 501 days – 5 yrs	9.25	9.25
>5 yrs-7 yrs	9.25	9.25
>7 yrs – 10 yrs	9.00	9.00

 

Indian Bank :  http://www.indianbank.in/rate_deposit.php

 

 

 

Period		Upto Rs 5 Crore
7days to 14 days		6.25
15 days to 29 days		6.25
30 days to 45 days		6.25
46 days to 90 days		6.25
91days to 120 days		7.00
121 days to 180 days		7.50
181 days to less than 9 months		7.75
9 months to less than 1 year		7.75
1 year to 3 years		9.25
Above 3 years		9.00

 

Indian Overseas Bank : http://www.iob.in/Rates_at_a_glance.aspx

 

up to Rs.25 lakhs > Rs.25 lakhs to < Rs. 1 cr Rs.1 Cr to < Rs 5 Crs Rs. 5 crs and above 7 days – 14 days (only for single deposit of Rs.1.00 lakh and above) 4.50 4.50 4.50 4.50 15 days – 29 days 4.50 4.50 4.50 4.50 30 days – 45 days 6.25 6.25 6.25 6.25 46 days – 60 days 6.25 6.25 6.25 6.25 61 days – 90 days 6.25 6.25 6.25 6.25 91 days – 120 days 7.00 7.00 7.00 7.00 121 days – 179 days 7.00 7.00 7.00 7.00 180 days – 269 days 7.25 7.25 7.25 7.25 270 days -332 days 7.50 7.50 7.50 7.50 333 days (#) 8.25 8.25 8.25 8.25 334 days – < 1 year 7.50 7.50 7.50 7.50 1 Yr – 443 days 9.25 9.25 9.25 9.25 444 days(#) 9.25 9.25 9.25 9.25 445-554 days 9.25 9.25 9.25 9.25 555 days (#) 9.25 9.25 9.25 9.25 556 days -<2yrs 9.25 9.25 9.25 9.25 2 Yrs -to999 days 9.25 9.25 9.25 9.25 1000 days(#) 9.25 9.25 9.25 9.25 1001 days- 3 Yrs 9.25 9.25 9.25 9.25 > 3 Yrs – < 5 Yrs 9.25 9.25 9.25 9.25 5 Yrs & above 9.00 9.00 9.00 9.00

 

OBC :  https://www.obcindia.co.in/obcnew/site/inner.aspx?status=R1&menu_id=13

 

 

Maturity period (Buckets)	Term Deposits less than Rs. 15 Lacs	Term Deposits of Rs. 15 Lacs and above but less than Rs.1Crore	Term Deposits of Rs. 1 Crore & above
7 days to 14 days	4.00%	4.00%	4.00%
15 days to 30 days	4.50%	4.50%	4.50%
31 days to 45 days	5.00%	5.00%	5.00%
46 days to 90 days	5.75%	5.75%	5.75%
91days to 179 days	7.00%	7.00%	8.75%
180 days to 269 days	8.00%	8.00%	8.75%
270 days to less than 1 Year	8.00%	8.00%	9.00%
1 year to less than 2 years	9.25%	9.25%	9.50%
2 years to less than 3 years	9.25%	9.25%	9.25%
3 years to less than 5 years	9.00%	9.00%	9.00%
5 years to 10 years	8.75%	8.75%	8.75%

 

Punjab and Sindh Bank : http://www.psbindia.com/interestdom.php

 

 

REVISED RATES Effective From 29.04.2011
Maturity	UPTO Rs 15 lac	Above Rs 15 lac to Rs 1 Crore	Above Rs. 1 Crore to 5 Crore
7 – 14 Days	4.00#	4.00	4.00
15 – 30 Days	4.50	4.50	4.50
31 – 45 Days	4.50	4.50	7.25
46 – 90 Days	6.50	6.50	7.75
91 – 179 Days	7.50	7.50	8.25
180 -269 Days	8.25/ 8.75*	8.25/ 8.75*	8.30
270 – 364 Days	8.75	8.75	8.75
1 Year-2 Years	9.00/ 9.55**	9.00/ 9.55**	9.30
Above 2 Years – <3 Years	9.25/ 9.60***	9.25/ 9.60***	9.25
3 Years – 5 Years	9.05	9.05	9.50
>5 years – 10 years	8.75	8.75	9.50

 

 

 

PNB :  https://www.pnbindia.in/En/ui/DepositInterestRates.aspx

 

Sl. No	Period	Below Rs. 1 Crore	Rs. 1 Cr. To Rs. 10 Cr.
1	7 to 14 days	4.00	4.00
2	15 to 45 days	4.50	4.50
3	46 to 60 Days	5.50	6.00
4	61 to 90 Days	5.50	7.50
5	91 to 179 days	7.00	8.00
6	180 days to 270 Days	8.00	8.50
7	271 days to less than 1 year	8.00	8.50
8	1 year	9.00	9.00
9	More than 1 year to 554 Days	9.00	8.75
10	555 Days	9.05	8.75
11	556 Days to < 2 years	9.00	8.75
12	2 years to 999 Days	9.00	8.50
13	1000 Days	9.15	8.50
14	1001 Days to < 3 years	9.00	8.50
15	3 years to 1110 Days	8.50	8.50
16	1111 Days	9.25	8.50
17	1112 Days to < 5 Years	8.50	8.50
18	5 years to 10 years	8.75	8.75

 

 

SBI : http://www.statebankofindia.com/user.htm

 

Tenors	Existing w.e.f. 14.02.2011		Revised w.e.f.12.05.2011
7 days to 14 days	4.00	7 days to 14 days	6.25
15 days to 45 days	5.00	15 days to 45 days	6.25
46 days to 90 days	5.50	46 days to 90 days	6.25
91 days to 180 days	6.00	91 days to 180 days	7.00
181 days to less than 1 year	7.75	181 days to less than 1 year	7.75
1 year to 554 days	8.25	1 year to 554 days	8.25
555 days	9.25	555 days	9.25
556 days to less than 2 years	8.25	556 days to less than 2 years	8.25
2 years to 999 days	8.75	2 years to 999 days	8.75
1000 days	9.25	1000 days	9.25
1001days to less than 3 years	8.75	1001days to less than 3 years	8.75
3 year to less than 5 years	8.25	3 year to less than 5 years	8.25
5 years to less than 8 years	8.50	5 years to less than 8 years	8.50
8 years and up to 10 years	8.75	8 years and up to 10 years	8.75

 

Syndicate Bank : http://syndicatebank.in/scripts/Depositinterestrates.aspx

Period of Deposit	Existing rates of interest w.e.f. 02.05.2011 (%) p.a.	Revised rates of interest w.e.f. 06.05.2011 (%) p.a.
7 days to 14 days *	3.50	3.50
15 days to 30 days	4.00	4.00
31 days to 45 days	4.50	4.50
46 days to 90 days	5.50	5.50
91 days to 120 days	6.60	7.00
121 days to 180 days	7.50	8.00
181 days to  269 days	8.00	8.50
270 days to  364 days	8.50	9.00
1 year to 439 days	9.25	9.55
440 days	9.35	9.75
441 days to less than 2 years	9.25	9.55
2 years to less than 3 years	9.25	9.50
3 years to 5 years(inclusive)	9.25	9.50
Above 5 years & up to 10 years	9.25	9.50

 

UCO Bank : http://www.ucobank.com/interest_rates.htm

 

	Revision in Rate w.e.f. 11.4.2011
Maturity Period	General		For Senior Citizen
	Interest Rate in %  p.a.	Annualised Yield in %	Interest Rate in %  p.a.	Annualised Yield in
7 Days up to 14 days	5.00	5.00	5.75	5.75
15-29 DaysLess than Rs.15 Lac	5.00	5.00	5.75	5.75
RS.15 lac and up to Rs.5.crores	5.00	5.00	5.75	5.75
30-45 DaysLess than RS.15 LAC	6.00	6.00	6.75	6.75
RS.15 lac and up to Rs.5.crores	6.00	6.00	6.75	6.75
46-60 daysLess than RS.15 LAC	6.75	6.75	7.50	7.50
RS.15 lac and up to Rs.5.crores	6.75	6.75	7.50	7.50
61-90 DaysLess than RS.15 LAC	7.00	7.00	7.75	7.75
RS.15 lac and up to Rs.5.crores	7.00	7.00	7.75	7.75
91-180Days Less than RS.15 LAC	7.75	7.75	8.50	8.50
RS.15 lac and up to Rs.5.crores	7.75	7.75	8.50	8.50
181-364 DatsLess than RS.15 LAC	8.25	8.33	9.00	9.10
RS.15 lac and up to Rs.5.crores	8.25	8.33	9.00	9.10
1 YearLess than RS.15 LAC	9.00	9.31	9.50	9.84
RS.15 lac and up to Rs.5.crores	9.00	9.31	9.50	9.84
More than 1 year but up to 2 yrs.Less than RS.15 LAC	9.25	9.55	9.75	10.11
RS.15 lac and up to Rs.5.crores	9.25	9.55	9.75	10.11
Above 2 yrs and up to 3 trsLess than RS.15 LAC	9.00	9.74	9.50	10.33
RS.15 lac and up to Rs.5.crores	9.00	9.74	9.50	10.33
Above 3 year and less than 5 yearsLess than RS.15 LAC	9.00	10.20	9.50	10.84
RS.15 lac and up to Rs.5.crores	9.00	10.20	9.50	10.84
5 years and aboveLess than RS.15 LAC	9.00	11.21	9.50	11.98
RS.15 lac and up to Rs.5.crores	9.00	11.21	9.50	11.98
7 Days up to 14 days	5.00	5.00	5.75	5.75

 

Union Bank of India :  http://www.unionbankofindia.co.in/Domestic.aspx

Less than Rs. 15 lacs	Rs.15 lacs to  < Rs. 1 cr.	Tenor		Rs. 1 cr.  <  Rs. 10  Crs.
4.00	4.00	7-14 days	4.00
4.75	4.75	15-45 days	4.75
5.25	5.25	46 to  90 days	5.25
7.00	7.00	91 days < 6 Months	7.00
8.00	7.75	6 Months  < 9 Months	7.75
8.25	8.15	9 Months < 1 Yr	8.15
9.25	9.15	1 yr < 5yrs	9.00
9.40	9.00	5 yrs.	8.75
9.40	8.50	> 5 yrs   < 8  yrs.	8.50
8.50	8.50	8 Yrs to 10 Yrs	8.50

 

United Bank of India :  http://www.unitedbankofindia.com/English/RatesDeposit.aspx

 

 

Sl. No.	Period of Deposit	Revised Rates w.e.f 21st Mar. 2011
		Other than Sr. Citizen	Addl. Rate for Sr. Citizen
1	7 days to 14 days	3.50	0.00
2	15 days to 29 days	4.50	0.00
3	30 days to 45 days	4.50	0.00
4	46 days to 60 days	5.50	0.00
5	61 days to 90 days	5.50	0.00
6	91 days to 180 days	6.50	0.00
7	181 days to 269 days	7.25	0.00
8	270 days to less than 1 year	8.25	0.00
9	1 year to less than 2 years	9.00	0.75
10	2 years & less than 3 years	9.00	0.75
11	3 years & less than 5 years	9.25	0.75
12	5 years and above	9.25	0.75

 

 

A man in group of people , any group .. is vulnerable . People around us affect us .They can expand our chances or limit them . Careers most of pains come from denial of this fact .
On the contrary its very empowering to accept that we are vulnerable . Then our assumption of security or insecurity practically vanish . Whether it’s a Freshers starting his career or some one holding a role , happiness at work or absence of it , it not a function of ones boss or company or technology but how one deals with the vulnerability .Often its very empowering to accept it. The realization does not change any thing but make our choices wiser .

So if there is a conclusion that Java, Spring , MBA will secure anything or absence of them makes someone weak then the conclusion is very short lived . Given the complexity built up that is there around us , the race not for a programming language or onsite money but to stay relevant . Just like mobile phones ,what was sufficient yesterday is not happening tomorrow .And the pursuit of relevance is a very personal battle .

A guru is supposed to shape a man to his best . But that concept was lost when we industrialized . Its then very important to know that the concept of supervisor is for mass production .Master pieces are created by individuals . Being fundoo if that is the goal someone has, then the answer lies inside .A company or boss can at max give you time opportunity for it .

When Toffler wrote his books , he dint know it will apply to IT careers so correctly … When the change is fast the only career skill and advice that’s needed is to keep yourself sane and normal all along the journey !

___________________________________________________ The End _____________________________________________________________

If DCH was a generational movies for my age of people , wake up sid carried the same significance for this generation of youngsters . DCH was about how 3 friends discover their own place in the affairs of the world around them .Wake up Sid was the opposite .It was about an individual finding place for the world around him in his affairs (no pun intended 🙂 .

The days of someone telling an inspiring quote to a fresher and see it working were over . It was of no use to tell a fresher that hard work is key to success or any simple funda like that ….The demand was for simpler and direct answers ..

Wake up sid – the Finacle Pune Ops Council initiative did not attempt to give those answers but to raise some questions that could give these answers .Todays post is the only one which is philosophizing it  . The initiative ends here , with my last day . Hope it had helped in some way or the other .

As a matter of creativity , I might find time to write stories in future and those can be checked at http://sachindixit.co.in/

Notes :
Complexity built up was a term I coined last year . The challenge was to come up with a simplest explanation of why 60+ people were not able to operate smart phone . It took me quite to time to phrase the answer that they dint understand the concept of menu options ! But to a kid going in school it comes as natural .And that is a classic case of how complexity built up shapes people’s ability to do things and to some extent archive success .And that applies to IT work too, programming being a case in point .If one sees the evolution of java and J2EE in particular , its becomes very clear that so much has been made simple that it all sounds trivial .Spring if you understand makes it even dumber to write an application .That’s what frameworks are written for … It was then shocking to see Sid’ fret over not being able to work in Spring or Hibernate ! The same case of Java can be extent to other language or aspect of work , but that’s not the point .
As the complexity builds up , what was fundoo yesterday becomes basic today . This is where specialization comes in . And specialization not about whether people call you expert in something but about being selective and focused in one thing . The problem with having more choices that it becomes tough to be a generalist and simple to be specialist . But this very truth was seen by Sid’ as if someone is up to restrict his growth .It was case fighting where no villains existed .

 

He was just back from his Germany trip and like any 21 year old he was happy as hell for the all cost paid trip  !

Its was his  project on low cost water purifier .It  was selected by UN for sponsorship and that how shanty went to Germany.I was happy for the progress he made .Felt contented for hours of lecture i used to give shanty on his engg project and studies .

“Dada , Germany is awesome” ,  I felt very proud  when shanty told me this .

it reminded of his similar statement , “Dada , Wake up … we need to start the class” !

Giving tuition  wasn’t really a fun thing to do while in 9th class  .

But it was nice feeling to be able to earn 200 bucks at that age .  That’s exactly how much I was paid for teaching my 2 pupils .  Maths , language and DI that’s what i would teach . Call it mini version of CAT .We had to pass that exam for qualifying to govt scholarship . My having stood in  merit  for that in 4th class made me an obvious candidate for giving guidance to juniors in town.

Shantanu   wasn’t actually a junior seeking advise from me . He was a bright student in his class , his father knew it . It was him who convinced me to give tuition to shanty .

And what a class it was …….. a 15 year old kid teaching two 8 year olds 🙂 . Not that i  was a bad teacher but there would be times where the age factor would show up . At times they would quarrel with me over the punishment I gave . Other times there would be them .. my 2 students standing near my bed at 7 am and trying to wake me up for the class to begin ! Of course Iwould  start with the subject even without brushing my teeth .

And it showed ….. shantunu got the merit too . I was glad and so was his father . I was already possessive over shantanu by then and i would debate with his dad on why Shantanu should stay in town  and not join Navoday school .

Mr patahk passed away the month after . And Novoday which was an option became necessity for Shantanu .

– –

Yassen was a man of fine taste . Lean body , sharp features , jet back hairs and an overwhelming sense of humor added to his charm  . I would often loose sense of time when he would open his pitara of stories …  Stories of common man , at times stories from Islamic legends and most often it would be caricature and mimicry of people around us . He loved to mock  unpolished ,cocky ways of vidharbhian villagers .

It used to go on for hours and that was our first introduction to startling mix of  oratory and stand up comedy . I now realize how deftly   he did mix facts with imagery , Shakespearean quotes and shades of his secular sufi Islamic philosophy . Its this last specialty that made  me at home at his house in India of babri masjid/1992 . What used to attract us  most were times when , he engrossed in his   wizardry would forget our ages and go “adult” in his language . That was fun ,although some of my “good boy” friends used to find that  irritating , i used to adore him for that frankness . Except may be the frequent clearing of through he would do .

We used to advise him many cures for that . From gulping cumin seed drink to Benedryl to homeopathy , he tried them all and almost become an expert in it . Occasionally he too would express sadness over it .

It was his dream to do a public show of his comedy story telling . He wanted to enthrall all of the town and villageers around …  in that one show he would do . It was quite uncommon for an English teacher in Urdu school . But that was yaseen ,he was the most proficient and fluent person in English in my town n around and my English teacher .

Funny thing is I learnt more  Urdu at his home than English .  Not that I would understood Ghalib and Amir khusro at that age but my progress had already happened to being literate in Urdu and do poems in it . “I want you to elect Urdu instead of Marathi in your board exams , I want to prove it to the world that its not language of Muslims but every Indian ” , he used to tell me often. Aleef , Be , Te … i went ..

It inspired me ! I had nearly convinced my parents for that and was looking forward to get in to 9th class to see that dream fulfill the year next .

And what a decision that was , my first big decision in life then .. It thrilled me as i left my town for my long summer vacation at  my relatives in UP . ……… It was like doing something big or it felt like that in that age .

I would practice urdu every day there and was elated when i could demonstrate me reading all the signboard in amina bazar of lucknow . So much fun it was being in a diff sate and having diff skill … Urdu !!

Back home Raza sir was diagnosed throat cancer . People tried their best  ..but  He succumb to it  immediately …

i could never fulfill his dream of passing 10th with urdu elective…….. while the legacy of poetry continues ..

………… Shanty is doing his final year Engineering now . Lean body , sharp features , jet back hairs and an cute sense of humor adds to his charm ….

Life goes on .. and so does the story of a student .. death and success..

A month is quite a long time to get feel of a country . Especially when one is roaming around in pubs , attending new year at opera theater in Sydney and relishing Sydney festival at Hyde park . Not to mention the countless walks on the

street and activities alike .

Australia is a country which surely makes you feel fresh or may be its the commonwealth connection that , being an Indian makes me comfortable . And thats something which really contrast with the year long flood of news of attack on indians in Australia i am used to hear about .

Hearing all that on shore is quite a diff experience . It wasn’t yesterday when an indian was burnt alive in Melbourne that this issue struck my mind . Neither was it the countless precautions that my dear ones gave me before leaving for Australia . In fact being in pune , at the heart of sena movement and being a Marathi , i happen to see the other side of this threat .

It was the drive from the cab i took on 2nd January, from Sussex street to north Sydney  . As he started reassuring me on the attack in Australia , my first reaction was to see outside the cab window to make sure that he is not leading me in any wrong road . I smiled the next moment when i realized where this precaution  came from . And started actually listening to him .

He spoke a very common manly English which made me follow his accent easily 🙂 … along the 10 min drive he elaborated how this is a non racial country and how its some goons actually attacking Indians which is what is a stray incident  happening in  parammatta . I smiled with a neutral gaze and said him bye . Somehow , by this time the spark in Sydney air had made me aware of this fact , unconsciously though .

It was …the lady , today at the signal . Some 70 plus she must be . Dressed in a pink gown as she approached us at north Sydney station , she reminded me of my mother .

“Are you Indian?”,  she asked shreekant , my college who was unaware of what had happened in Melbourne yesterday .

“I wanted to tell you that this is not a racial country . Indians are welcomed here …”

“we are worried about what is happening these days in here” …. she spoke very earnestly … catching hear breath in the chilly Sydney summer .. and i listened very attentively … something inside told me that this is not going to be formality’s sake – talk …

“We discuss these things daily at our meetings and feel sad that such things are happening in our country ” she said looking at me , finally …..  Looking into my eyes actually .Her wrinkles shrinking in the pain , the pain that a sincere person feels … I noticed them .. actually i remember them still … while the though of the whole thing being “masala fried” by media flashed in my mind …

“Yeah , its concerning ” , my manager said , dry as i had expected him to be … i wanted to say something better to that lady and i started thing what to …

“I am  sorry for what is happening in Australia these days and what happened yesterday”

oh , i missed my heart beat , like i missed it on every “Jai Hind” scream after 15th august anthem prayer in my school days . There was  nothing apart from “thanks and good night” that i could say .

routine words to say , i felt … and realized that i was touched , startled and shocked at the same time .

Was it her compassion … or was it the sincerity in her eyes … or was it the thought that in India we would not have seen an Indian say sorry to a foreigner for something like this … was i ashamed or angry by the time this thought touched my conscience … or may be it was realization of what it means to be a citizen …. I don’t know  .

But a citizen saying sorry for something happening in her country to complete stranger …… it has shaken me …

I sit silent at my chair tonight , trying to figure out what exactly i felt today .. oh the racism in Australia … haven’t smelled the trace of it yet   …. or may be there is THE truth in the attack that are happening …

I doubt whether i would be able to intellectually analyze it today … … the “I am sorry” is too strong ..

and for some reason unknown … i remembered Gandhi … and how i felt when i saw that move for the first time …

thoughts …people… emotions …nationalism

wrapped in a web of all this .

From Racist ? Australia ,

Me .

RDB , Rang de Basanti a 2006 production is a fine a movie by cinematic standards . I adore the director Rakesh Mehra from days of movie Aks and RBD is most probably his finest work and finest work of the team involved it . In fact it is

land mark film for most of the Actors involved in it .

And its is also a landmark film for The Indian youth. That should be considered biggest success of the director and the movie . Recent 26/11 protests or the Jessica Lal case bear the testimony of this . The fervency  with which images of public participation of these 2 cases were circulated bears the testimony of this claim .This is where RDB gets elevated from the status of a super hit movie to a cult movie . Its like every Indian youth had this movie on his hard disk !!

RDB in a way introduced patriotism to current generation . Or may be this generation was always patriotic and RDB  gave them the manner to express it in . We might differ on the precise shade of the impact RDB caused on the masses but it is undeniable that RDB  made patriotism relevant to Gen-X ..Y and Z of India .

A story of few free spirited friends ( all north Indian !! ) whose belief on society , justice and patriotism gets shaken and altered with death of their friend . That’s the shortest way to express  the plotline . And if you agreed to how I described the plot of RBD you just agreed with me J .

Showing intellectually dysfunctional characters is the main characteristic on Hindi movies . A phenomenon  I could do PHD over 🙂 . Oh yes such thing does add hell of a drama to the plot   .

But we are not talking of any movie . RDB was for the first time the mobile generation in India actually spoke patriotism . Its was like RDB made it relevant to  them . All of sudden . RDB kind of laid out the structure of practical or may be unpractical nationalism .

I have no doubt that none will get shot for a national cause like its shown in RDB  . For in peacetime the citizen are know to be more practical and patriotic .

Moreover if there is indeed a person shown as care free as any one shown in the movie . Chances are in real life even he wouldn’t do something so scarifying ! . Nopes its not about someone’s love for nation  but its about the belief system . It can get shattered  and altered with one event , I have no doubt about that . But a complete change of value system and most importantly a sudden intellectualism .That’s something too short and too sweet for the process of problem solving . Whether it’s a character in the movie or the audience its not that realistic to happen that all of sudden anyone can come up with solution of problems at feeling of pain. With that RDB give us a pop shot of everything people (mis)understood RDB with .

Standing for a cause for a common man is a tough exercise . Its outright dumb to believe that a person struggling with life  doesn’t stand for a something as  grand as environment or nationalism .Its just that in normal circumstances people find how much they are going to ignore and how much they would fight against . Call it  practical Activism . It takes unusual circumstances or unusual conviction for a long time period for common man to turn crusaders  .Its here and how a complete change of character can happen.

We need to clearly differentiate between the process of doing an Act , Making a decision and Solving a problem . The thing that is common to these 3 is taking  a stand .But these 3 differ a lot in their genesis .

Doing an action at spur of the moment is sum total of the feeling that go on in ones mind .They may or may not effectively solve the problems . And while we do need to own these acts these are not what we call as decision .

Taking a decision is , on the same lines , is sum total of the thought you have . Conscious , unconscious and circumstantial . We are always making some decision in life .Times when there is plenty of time available the process of decision taking is felt and that is why we call it decision making .Even other wise when we make fast decisions the foundation is always there in our minds . But the short time that we do it in makes it feel like Gut feeling or sense of direction as we call it . What differentiates decision making  from doing an act is the occurrence of thinking .Right or Wrong we always think while we make a decision .

Problem solving as contrasted to above to is act of decision making done with reasoning out everything . The emphasis is not on reasoning out , that we do even in making decisions . The main differentiator is reasoning everything that one can think of about the problem .This is a detailed and conscious process and the time taken depends on how much one is clear about the topic at hand.Its this detailed and not necessarily lengthy process that can bring about a change in character . Such process can be triggered in one moment but its complete only when all the known details are covered . Else it cant be called a change of character .

RDB mixes acts with decisions made with problems solved . Its actually a revenge story colored in shades of nationalism .

I have no problem with the movie , its great . But a cult status it has, RDB at max gave people a way for token nationalism .A false sense of problem solving  for anything you feel you wish to stand for by just doing some act  .

Something that doesn’t make sense to me.