Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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28 Days? The shortest month of the year seems to have gone by in a flash. Why does February have only 28 days? It's the Romans' fault. Our modern calendar is loosely based on their old, confusing one. Though records on the Ro-man calendar are sparse and sketchy, legend has it that Romulus, the first king of Rome, devised a 10-month lunar calendar that began at the spring equinox in March and ended with December. It is unclear whether there were any official months between December and March, but it's likely they were left off because the wintertime was-n't important for the harvest. The second king of Rome, Numa Pompilius, decided to make the calendar more accurate by syncing it up with the actual lunar year—which is about 354 days long. Numa tacked on two months—January and February—after December to account for the new days. The new months each had 28 days. But that didn't sit well with Numa because even numbers were considered bad luck at the time. So, he added a day on to January, giving the year an odd-numbered 355 days. No one knows why February was left with 28 and remained an unlucky month. It may be related to the fact that Romans honored the dead and performed rites of purification in February. (The word februare means "to purify" in the dialect of the ancient Sabine tribe.) The 355-day calendar couldn't stay in sync with the seasons because it didn't account for the amount of time it took for the Earth to orbit the sun. So, an extra "intercalary" month of 27 days was inserted after February 23 every couple of years or so to even things out. The pontiffs who were in charge of calendar upkeep didn't always add the extra month on schedule. (Some officials took advantage of the system to extend their time in office, for example.) In around 45 B.C., Julius Caesar commissioned an expert to put aside the lunar origins of the Roman calendar and make it sun-based, like the Egyptian one. Caesar added 10 days to the calendar year and an extra day in February every four years. (The leap-year day was inserted after the 23rd, the same time as the old intercalary month.) Now, the year averaged out to 365.25 days, very close to the actual average length of a year: 365.2425 days (and even that varies). Some have speculated that Caesar added a day to February when he reformed the calendar—making it 29 days long. The story goes that when the Senate renamed the month of Sextilis to honor the emperor Augustus, that day was subtracted from February and added to August in order to make it equal in number to July—the month named for Caesar. But this theory is now believed to be bunk; it's likely that Julius never even added a day to February.

Don't take rest after your first victory, because if you fail in the second, more lips are waiting to say, that your first victory was just luck.

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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SCUF held its “Analyst Meet 2018” on 2nd February 2018 in Mumbai. The occasion was to connect with the equity analysts covering SCUF for research as well as with the Company’s investor community following the announcement of the Third Quarter and nine months’ Results (ended December 2017) for Financial Year 2018. The event was held at St. Regis hotel and was well-attended by over 100 analysts and investors despite the late hour that the venue was made available to us.

Analyst Meet 2018

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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Mr. Duruvasan, MD & CEO, SCUF graced the occasion with his presence. Also present were Mr. R. Chandrasekar, ED & CFO, Mr. Ravi Subramanian, ED, Mr. G.M. Jilani, ED and Mr. Shashank Singh, Director. The presentation of our Q3 financials was made by Mr. Y.S. Chakravarti, ED & COO and Mr. Lakshmi Narasimhan, ED. The presentation, which was interactive was much appreciated by the analysts and investors, and was followed by a specific Q&A session. SCUF’s robust Q3 results – highlighting the all-time high of Two Wheeler disbursements, the Company’s Number One position in the Two Wheeler financing space, lower NPAs, success of the Parivartan program, guidance of maintenance of high Return on Assets and of higher growth over the next few years – were showcased during the presentation. Analysts and investors asked for details about how growth would be achieved and sustained, as well as about the control on asset quality, among other questions, and these queries were answered by Mr. Chakravarti and Mr. Narasimhan with more than adequate detailing. The evening ended with cocktails and dinner, during which much networking happened.

Contributed by Mr.Jai Singh Ponde, Vice President,Investor Relations, Mumbai

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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BUDGET 2018

The Indian Finance Budget for 2018 was presented by Finance Minister, Mr. Arun Jaitley on the 1st of February, 2018. This is the Narendra Modi government’s fifth and last full-fledged budget presentation before the 2019 Lok Sabha Elections. This year’s budget session is crucial as it comes after the Modi Government made two very big financial decisions in the last couple of years – Demonetisation and Implementation of the Goods & Services Tax (GST) A brief snapshot of the highlights of the 2018 budget is given below :

Other Proposals :

Proposed Investments

o Infrastructure : Rs.6 Lakh Crores

o Rural Areas : Rs.14 Lakh Crores

o Railways : Rs.1.48 Lakh Crores

WHAT’S GOOD WHAT’S BAD

TAX PAYERS Standard Deduction of Rs.40000/- in lieu of Medical Reimbursement & Transport Allowance. Exemption of Interest Income from Bank & Post office deposits for Senior Citizens increased from Rs.10000/- to Rs.40000/-E-filing extended Pan India

1% additional cess on Income Tax. Highest tax bracket for income >Rs.1 crore increases from 35.54% to 35.88%

INVESTORS Tax exemption on NPS withdrawal upto 40% of total amount extended to self employed No tax on ssale of immovable property at a price lower than 5% of circle rate. Women employees PF contribution re-duced from 12% to 8% for 1st 3 years

Long Term Capital Gains from sale of shares and equity Mutual Funds to be taxed @ 10% if capital gains is more than Rs.1 Lakh DDT to be levied @ 10% on distribution of profits by equity Mutual Funds from 1st April, 2018 onwards.

CONSUMERS Cochlear Implants become cheaper Upto Rs.10 Lakhs increase in Luxury Car prices Imported items like mobiles, watches, footwear, perfumes, cosmetics, footwear, juices, toys & games become expensive TVs to become costlier

BUSINESSMEN Corporate Tax rate reduced to 25% for companies with turnover upto Rs.250 Crores in FY 2016-2017 Govt. to bear Employer’s PF contribu-tion @ 12% of wages for 1st 3 years in all sectors

Dividend Distribution Tax up to 20.6% from 20.4%. Minimum Alternate Tax (MAT) increased to 21.6% from 21.3% Highest Tax rate for companies in-creased from 34.6% to 34.9%

Shriram City—News Letter - Breeze- 1st February 2018

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National Health Protection Scheme : Mega Insurance Policy to offer Cashless Benefit upto Rs.5 Lakhs to

10 crore families – set to revolutionize India’s health care system

Broadband access in villages – 5 Lakh WiFi hotspots to bring net connectivity to 5 crore rural villages

Govt plans to build 17 Lakh kms of rural roads, 51 Lakh new rural houses, 1.88 Crore toilets & 1.75 Crore

New household electric connections.

Proposed Railway Improvements include Capacity Expansion, Bullet trains, WiFi & CCTV

24 New Govt Medical Colleges and Hospitals to be opened

To close off, what we all want to know

Contributed by Ms.Sandhya Iyer, Credit Dept, Chennai

INCOME NEW TAX RATE

Upto Rs.2.5 Lakhs NIL

Rs.2.5 Lakhs – Rs.5 Lakhs 5.20%

Rs.5 Lakhs – Rs.10 Lakhs 20.80%

Rs.10 Lakhs – Rs.50 Lakhs 31.20%

Rs.50 Lakhs – Rs.1 Crore 34.20%

More than Rs.1 Crore 35.88%

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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What are probiotics and why they are good for our health The human gut contains 10 times more bacteria than all the human cells in the entire body, with over 400 known diverse bacterial species. In fact, we could say that we’re more bacterial than we are human. Our gut contains hundreds of different types of microorganisms which are a confluence of bacteria, yeasts and viruses. This is called gut flora. Our gut flora performs many functions essential for health, producing vitamins such as B vitamin, vitamin K etc They also keep the immune system active, alert and performing at an optimal level. Having the right bacteria in there has even been linked to numerous health benefits .This includes weight loss, improved digestion, enhanced immune function, better skin and a reduced risk of many diseases.

Let us now understand Probiotics: Probiotics are live bacteria, health-boosting microorganisms and yeast of varying kinds that are good for our health. Probiotics are often called "good" or "helpful" bacteria because they help keep our gut healthy. The normal human digestive tract contains about 400 types of probiotic bacteria that reduce the growth of harmful bacteria and promote a healthy digestive system. Probiotics are usually bacteria, but there is also a type of yeast that can function as a probiotic. We can get probiotics from supplements, as well as foods that are prepared by bacterial fermentation. When people take antibiotics, especially for long periods of time, they invariably suffer from diarrhoea after the infection has been eliminated. This is the result of the antibiotics which kill many of the natural bacteria in the gut shifting the balance and allowing the “bad” bacteria to grow. Studies have strongly indicated that probiotic drink/supplements can relieve diarrhoea caused antibiotic. Additionally, probiotics can help reduce gas, bloating, constipation, and such other conditions including ulcers and stomach cancer. A decrease in beneficial bacteria may also lead to other infections, such as vaginal yeast and urinary tract infections, and symptoms such as diarrhoea from intestinal illnesses.

Other Health Benefits of Probiotics

Inflammation: Probiotics have been shown to reduce systemic inflammation, a leading driver of

many diseases. Depression and anxiety: The probiotic strains Lactobacillus helveticus and Bifidobacterium

longum have been shown to reduce symptoms of anxiety and depression in people with clinical depression.

Blood cholesterol: Several probiotics have been shown to lower total and LDL cholesterol levels.

Blood pressure: Probiotics have also been shown to cause modest reductions in blood pressure.

Immune function: Several probiotic strains can enhance immune function and lead to reduced risk of infections, including the common cold.

Skin health: There is some evidence that probiotics can be useful for acne, rosacea and eczema, as well as other skin disorders.

Shriram City—News Letter - Breeze- 1st February 2018

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Types of Probiotics:

In reality, there are different types of probiotic bacteria that offer health benefits. The most common are Lactobacillus and Bifidobacterium which are further divided into micro species within each group having varied strains. Because each probiotic takes care of separate health conditions, it is essential to choose the correct probiotic.

Lactobacillus: It is found in yoghurt and other fermented foods and perhaps the most common type of probiotic.

Saccharomyces boulardii: This is a yeast found in probiotics and helps to ease conditions of diarrhoea and other digestive problems.

Bifidobacterium. Found in some dairy products, it helps to alleviate the symptoms of irritable bowel syndrome and such conditions.

Sources of Probiotics:

Yogurt is one of the best sources of probiotics, which are friendly bacteria that can improve

our health. Yogurt is made from milk that has been fermented by friendly bacteria, mainly lactic acid bacteria and bifidobacteria. This health enhancing friendly bacteria turn some of the lactose into lactic acid, altering the taste of yoghurt making it sour. Also, yoghurt may be better than milk for those with lactose intolerance. Yoghurt does not have to be boring, you can enjoy them in a range of exciting flavours today!. Traditional Buttermilk: Chaas, is simply the leftover liquid from making butter. Buttermilk is low in fat and packed with healthy vitamins.

Kefir: Kefir is a fermented milk, a probiotic drink. It is made by adding kefir grains to milk to

extract its goodness. It improves bone strength, alleviating some digestive problems and protecting it against infections. Like yoghurt, kefir is well-tolerated by people who suffer from lactose intolerance.

Sauerkraut: Sauerkraut is finely shredded cabbage that has been fermented by lactic acid

bacteria. It is sour and salty to taste and enjoys a long shelf life. Rich in C vitamin, B and K, it is also packed with antioxidants, iron and manganese. Go for it.

Khimchi: This is actually a side dish in Korean cuisine made from salted and fermented

vegetables mainly napa cabbage and seasoning. It contains lactic acid bacteria beneficial for digestive health.

Miso: This is a fermented soybean paste and a common Japanese seasoning. It is rich in

several important nutrients known to reduce the risk of cancer and stroke, especially in women.

Side effects of Probiotics:

Probiotics are generally well tolerated and considered safe for most people. However, in the first few days, you may experience side effects related to digestion. This includes gas and mild abdominal discomfort. After this initial adaptation period is over, the digestion should be better than it was before. In people with compromised immune systems, probiotics can lead to dangerous infections. This includes people with HIV, AIDS and several other conditions.

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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Importance of maintaining a healthy Gut

Hippocrates (was a Greek physician and is considered one of the most outstanding figures in the history of medicine) said this more than 2,000 years ago, but we’re only now coming to understand just how right he was. Research over the past two decades has revealed that gut health is critical to overall health, and that an unhealthy gut contributes to a wide range of diseases including diabetes, obesity, rheumatoid arthritis, autism spectrum disorder, depression and chronic fatigue syndrome. Maintaining a healthy gut goes way beyond just taking a probiotic supplement. What we do from day to day is just as important, since all sorts of lifestyle factors have been shown to affect our gut bacteria.

Tips for better digestive health:

1.Eat a high-fiber diet. Going in for a meals which include fiber-rich foods such as whole grains, oatmeal, beans, nuts, fruit and plenty of vegetables. Dietary fiber helps ensuring gastrointestinal tract works smoothly. .. 2.Avoiding foods that irritate the digestive tract. Some people can tolerate a large amount of spices and others cannot. Understanding what works for a person and eating accordingly. Substances that often do not suit everyone are: red chillies, hot spices, caffeine, alcohol, desserts rich in sugar and fat. 3.Limiting foods that are high in fat. Diets high in saturated fats and trans fats can increase risk of heart disease and stroke ... 4.Incorporate probiotics in the diet. .(.detailed explanation above) 5.Eat on schedule. An old adage advised people to "eat breakfast like a king, lunch like a queen and dinner like a pauper." This may be the best way to plan daily meals, .eating a big meal in the morning gives the body plenty of energy to start the day, and sets the pace of metabolism for the rest of the day... 6.Stay hydrated. Dehydration is known to wreak havoc on our digestive system. We need to drink at least 3 litres of water a day to keep our system well hydrated. Our intestines use water to push the digested waste through the system and convert it into a form that can be easily eliminated. Continuous low water intake leads to constipation and the build-up of toxins in the body, and this in turn increases the risk of developing more complicated digestive issues. .. 7.Managing stress levels and doing Exercise regularly. Too much stress or anxiety causes the digestive system to go into overdrive. Stress affects digestive tract permeability, causes an imbalance in gut bacteria and increases your risk of inflammation. Moderate exercise on a daily basis has shown to combat this stress effectively, restoring a sense of balance in physical, mental and emotional well-being. 8.Skip the bad habits of smoking, excessive caffeine, and alcohol. Each year, about 6 million deaths are due to tobacco use and, by 2030, tobacco-related deaths are expected to reach 8 million yearly. Chronic alcohol abuse also has serious effects on physical and mental health and can as well lead to an increased risk of accidents and crimes.

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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DYKS – February 2018

Rules of DYKS

The details and rules of the Do You Know Series are as follows:

Each issue will contain 3 multiple answer questions All replies to be sent to DYKS@shriramcity.in only. The mails should be sent from the official mail ID of the employee. The response mail should be as follows;

Sl No Required Information Employee Entry/ Answer to Quiz

1 Employee Name

2 Employee Number

3 Designation

4 Email ID

5 Branch code and name

6 State

7 Answers:1

2

3

The name of the employee from each state and from whom the first correct response comes will be published in the subsequent issue of ‘Breeze’.

State wise correct response to quiz in

January 2018 Issue

Sl No State Number of Responses

1 Tamil Nadu 2

2 Madhya Pradesh 1

3 Himachal Pradesh 1

4 Haryana 1

State wise 1st correct response to quiz in

January 2018 Issue

Sl No State Name of Employee

1 Tamil Nadu Ms. Vinothini. S

2 Madhya Pradesh Mr. Om Prakash Rathore

3 Himachal Pradesh Mr. Sanjay Kumar

4 Haryana Mr. Suneel Kumar

Shriram City—News Letter - Breeze- 1st February 2018

February 2018

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DYKS - FEBRUARY 2018

1. Define - DSCR a) Debt standered coverage Ratio b) Debt Service coverage Ratio c) Debt Service Credit ratio D) Debt Sales coverage ratio

2. What is ideal ratio of DSCR? a) 2.75 b) 3.00 c) 1.75 d) 1.50

3. _______________________ is a voluntary market body for the bond, money and derivatives markets. (a) FIMMDA (b) SEBI (c) IRDAI (d) RBI

Answers to Quiz of January 2018 issue

Sl No Question Answer

1 8 Grams of gold ornament contains? B. 6.5 gram of pure gold+ 1.5 gram copper

2 What type of property could not be accepted for Mortgage?

D. Property in the name of minors

3 What are essential features of Mortgage? D. All of the above

Shriram City—News Letter - Breeze- 1st February 2018

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Communication Address:

Editorial Committee, (News Letter—Breeze)

Shriram City Union Finance

144, Santhome High Road, Chennai—600 004

Phone: 044 43925300

Email: breeze@shriramcity.in

Editorial Committee

Shri K.Subramaniam

CO, Mylapore

Smt M.Subhashree

BSC, Santhome

Shri M.Radhakrishnan

BSC, Santhome

Shri N.R. Sivakumar

SFPS,Santhome

Make a decision

today to do something

wonderful With your life.

-Brian Tracy