National Financial Services Group: Home: Fill & Download for Free

He is successful in many aspects, in my opinion.As an entrepreneurJack Ma is the spiritual leader of Alibaba and Ant Financial Service Group.AlibabaNo one can deny, Alibaba is China’s — and to some measure, the world’s — biggest online commerce company. Jack Ma started Alibaba in 1999 with alibaba.com. The latest data shows that Alibaba’s market value is $391.57 billion. And Alibaba’s market capitalization even exceeded $546.42 billion before.Alibaba is one of the most popular websites for online shopping (popular is not equivalent to having-most-user but rather a mental feeling about things), in the world's fastest growing e-commerce market. Alibaba handles more business than any other e-commerce company. It has 3 main sites and hundreds of millions of users, and is home to millions of merchants and businesses.alibaba.com- a business-to-business portal（B2B）which connects small Chinese manufacturers with buyers overseas.Taobao- a consumer-to-consumer portal（C2C） which features nearly a billion products and is one of the 20 most-visited websites globally.Tmall- a newish business-to-consumer portal （B2C） which helps global brands reach China's middle classes.“Double 12”- Dec. 12, which happened just days ago, is one of China’s most celebrated online shopping festivals. In 2018, Taobao was reported to reach RMB 213.5 billion（about $3.09 billion）on “Double 11”- Nov.11, which is the biggest online shopping festival.Alibaba is expanding globally by capturing the spending of Chinese overseas and by moving into emerging economies and it has the potential to become the world’s most valuable company.Ant financial Service GroupAnt Financial is now a Top 10 “Bank” globally.Ant Financial is a fully diversified financial services firm with 5 main services.AliPay- online payment system that relies on escrow (transferring money to sellers only once their buyers are happy with the goods received).Yu’e bao- wealth management which is the largest money market fund in the world.Huabei- Ant Credit Pay- lending bureau.Sesame Credit - credit bureau.Ant insurance – insurance bureau.Ant financial Service Group looks more like a banking conglomerate than a financial technology company. This system builds trust in societies where the rule of law is weak.As a philanthropistHimselfJack Ma is the founder of the Jack Ma Foundation, a philanthropic organization focused on improving education, environment and public health. In 2008, Alibaba donated $808,000 to victims of the Sichuan earthquake. In 2009 Jack Ma became a trustee of the Nature Conservancy’s China program, and in 2010 he joined the global Board of Directors of the organisation. (From Wikipedia)Jack Ma not only devotes himself to public welfare, but also works on making public welfare activities easier, by way of making participation simple.Ant forestAnt Financial Services Group launched a scheme called “Ant Forest” on Alipay.Combining the internet, finance and a low-carbon lifestyle, the scheme aims to turn virtual trees that users grow on Alipay to real ones, thus contributing to tree-planting and environmental protection moves. The virtual tree planted by a user of Alipay in his/her “Ant Forest” account.In the “Ant Forest” scheme, any activities on the Alipay platform by users that are considered low-carbon are counted and converted into virtual “green energy.” The activities include walking or using bike-sharing instead of driving, paying through Alipay and buying tickets online, using public transport and so on.The so-called virtual “green energy” generated by such activities will be used to grow a virtual tree in the user’s “Ant Forest” account. When enough “energy” has been earned to grow the virtual tree, a real tree will be planted in the desert by people supported by Ant Financial and its partners. Currently, 230 million people are planting virtual trees on their mobile phones.The Ant Financial company has been in cooperation with environmental NGOs, such as the Society of Entrepreneurs and Ecology (SEE) and the China Green Foundation.Under the “Ant Forest” scheme, the financial company and the SEE have been providing subsidies for local herdsmen and farmers in Alxa to plant saxaul trees in the desert as well as offering technical support.The project is helping to improve local environment at the same time of providing jobs for local people. Known as a desert guardian, a fully grown saxual tree can hold together a 10-square-meter patch of sandy land, according to environmentalists.Ant Financial and the SEE have been providing subsidies for people in Alxa to plant saxaul trees in the desert. [Photo: courtesy of Ant Financial Services Group]The environmental scheme has indeed promoted a more healthy and low-carbon lifestyle among many of the online mobile payment users.The Ant Financial company has also been reaching out with its concept of “green” finance. This year in January, the company and the United Nations Environment Program formed the Green Digital Finance Alliance at the World Economic Forum in Davos, Switzerland.Overall, thanks to continuous and intensive tree-planting efforts, China saw its forest coverage expand by 30 million hectares during the 12th Five-Year Plan period between 2011 and 2015.Steps donatingUsers donate their steps, a company donates money in a random number.As an oratorJack Ma is a great orator, he moved the crowds with his passionate preaching.I think the most impressive sentence of him is” Today is difficult, tomorrow is more difficult, but the day after tomorrow is beautiful. So, we have to work very hard in order to survive the long journey.”This is one of his speech.ResignitionJack Ma said he will step down as CEO on Sep.10,2019.(From Jack Ma’s Weibo)He said, ”This transition demonstrates that Alibaba has stepped up to the next level of corporate governance from a company that relies on individuals, to one built on systems of organizational excellence and a culture of talent development.” “Having been trained as a teacher, I feel extremely proud of what I have achieved. Teachers always want their students to exceed them, so the responsible thing to do for me and the company to do is to let younger, more talented people take over in leading roles so that they can carry on with our mission- to make it easy to do business anywhere.”As a Chinese, I think Jack Ma is successful and he has achieved so much. I really respect him.

Thanks for A2A Dundavva KalannavarThe term Microfinance refers to financial services delivered to low income and unbanked households. Such services include loans (also known as Microcredit), savings, insurance, pension and remittances.The financial requrements of these households tend to be lower than their upper income counterparts. Therefore, the Microfinance services, as the name suggests, are usually in micro amounts.Various countries (Brazil, Mexico, Chile, Bolivia, Bangladesh, India) have implemented their Microfinance programs which may differ in terms of service delivery models and other aspects but primarily for the same market segment, i.e low income and unbanked households.These Microfinance services can be delivered through various forms of organizations (NGO, Private companies, Banks, NBFCs etc).In India, Microfinance services are delivered through SHG/JLG model. The SHG (Self Help Group) or JLG (Joint Liability Group) is basically a group of people coming together forming a group, conducting meetings and availing a suite of financial services from Microfinance organizations. Though there are some differences between an SHG and JLG, what is more important to understand is that they form a group in order to show their affinity and build a sort of social collateral of mutual trust based on which they are sanctioned credit for pursuing economic activities (agriculture, petty businesses, animal husbandry etc) by Microfinance organizations. Unlike mainstream financing, Microfinance loans are collateral free loans as naturally the poor may not have anything valuable against which he can avail a loan. The basic idea behind Microfinance is that because SHG/JLG members have a social bonding, due to peer pressure they will be morally compelled to repay the debt on time.The dominant organizations of Microfinance, in India, belong to NBFC (Non Banking Finance Company) category. Such organizations are funded by private equity holders and foreign funders (including world bank). Some of the popular NBFC-MFIs in India are SKS Microfinance, Spanadana, Ujjivan, Bandhan (which recently got a bank licence) and NABARD Financial Services.RegulationsCurrently, there is no comprehensive Microfinance law that governs the Rs. 350 billion industry. The major Microfinance companies (those of NBFC category) fall directly under the regulatory powers of RBI. There has been a demand for Microfinance law that is slated to be tabled on the floor in future.Industry representationIn the aftermath of Andhra Pradesh Microfinance crisis (2010), when the whole industry felt immense pressure from goevernment due to their alleged moral misconducts, the need for industry's self-regulation and representation was felt. This is how organizations like Microfinance Industry Network (MFIN) and Sa-Dhan came to recognized as self regulatory organizations (SROs) by RBI. The objective of SROs is to ensure self governance and control, implement a uniform code of conduct among all Microfinance players and represent them on a national level.I hope it was helpful.Useful links:CGAP - Microfinance GatewayReserve Bank of IndiaMFINMicrofinance-India-Home

India is the fastest growing Economy in the World. We have countless Trans National Companies operating here.Below is the list of a few Trans National Companies of INDIAN ORIGIN.Mahindra Group is an Indian multinational conglomerate holding company headquartered at Mahindra Towers in Mumbai, India, with operations in over 100 countries around the globe.The group has a presence in aerospace, agribusiness, aftermarket, automotive, components, construction equipment, defence, energy, farm equipment, finance and insurance, industrial equipment, information technology, leisure and hospitality, logistics, real estate, retail, and two wheelers.Major Subsidiaries: Mahindra & Mahindra, SsangYong Motors, Mahindra Aerospace, Mahindra Engineering Services (Merged with Tech Mahindra in 2014), Mahindra & Mahindra Financial Services Limited, Mahindra Gujarat, Mahindra Systech, Tech Mahindra, Mahindra Lifespace Developers, Mahindra Ugine Steel Company, Mahindra First Choice Services, Mahindra Intertrade Limited.Tata Group is a multinational conglomerate and holding company headquartered in Mumbai, Maharashtra, India. Tata companies with significant scale include Tata Steel, Tata Motors, Tata Consultancy Services, Tata Power, Tata Chemicals, Tata Global Beverages, Tata Teleservices, Titan, Tata Communications and Taj Group. These companies collectively employ over 660,000 people.Products: Airlines, Automotive, Consumer goods, Chemicals, Defence & aerospace, Electrical distribution, Engineering services, Financial services, Healthcare, Information technology, Locomotives, Steel, Telecommunication, Real estateInfosys Technologies Limited is an Indian multinational corporation that provides business consulting, information technology and outsourcing services. It has the main headquarter in Bengaluru, KarnatakaInfosys is the second-largest Indian IT services company by 2016 revenues, and the largest employer of H-1B visaprofessionals in the United States. Infosys had 1,045 clients across 50 countriesProducts: Mana - Knowledge based AI platform, Infosys Information Platform (IIP)- Analytics platform, EdgeVerve Systems, Finacle- Global banking platform by EdgeVerve Systems, Panaya Cloud Suite and SkavaState Bank of India (SBI) is an Indian multinational, public sector banking and financial services company. It is a government-owned corporation with its headquarters in Mumbai, Maharashtra.As of 2014-15, it had assets of ₹20.480 trillion (US$300 billion) and more than 14,000 branches, including 191 foreign offices spread across 36 countries, making it the largest banking and financial services company in India by assets.Products: Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards.Indian Oil Corporation (IndianOil) is India's Largest Commercial Enterprise, with a net profit of ₹103.99 billion (US$1.5 billion) for the financial year 2015-16.IndianOil accounts for nearly half of India's petroleum products market share, 35% national refining capacity.Products: Fuels, lubricants, petrochemicals.Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in energy, petrochemicals, textiles, natural resources, retail, and telecommunications.Reliance is the third most profitable company in India,the second-largest publicly traded company in India by market capitalization, and the second largest company in India as measured by revenue after the government-controlled Indian Oil CorporationHero Motocorp Ltd. formerly Hero Honda, is an Indian motorcycle (<250cc) and scooter manufacturer based in New Delhi, India.Products: Pleasure, Maestro, Maestro Edge, Duet, HF Dawn, HF Deluxe, HF Deluxe Eco, Splendor+, Splendor Pro, Splendor Pro Classic, Splendor iSmart, Splendor ismart 110cc, Passion Pro, Passion Pro TR, Passion Xpro, Super Splendor, Glamour, Glamour FI, Ignitor, Achiever, Impulse, Hunk, Xtreme (Thriller in LATAM),, Xtreme Sports (Thriller Sports in LATAM), Karizma R, Karizma ZMRBajaj Group is an Indian conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. The group comprises 36 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturerProducts: Automobile, Financial Services, Home Appliances, Electrical, Iron and Steel, InsuranceMajor Subsidiaries: Bajaj Auto Ltd., Bajaj Holdings & Investment Ltd., Bajaj Finserv Ltd, Bajaj Finance Limited, Bajaj Allianz General Insurance Company Ltd., Bajaj Allianz Life Insurance Company Ltd., Bajaj Electricals Ltd, Mukand Ltd, Hercules Hoists Ltd, Mukand Engineers LtdOil and Natural Gas Corporation Limited (ONGC) is an Indian multinational oil and gas company headquartered in Dehradun, Uttarakhand, India. It is India's largest oil and gas exploration and production company. It produces around 77% of India's crude oil (equivalent to around 30% of the country's total demand) and around 62% of its natural gas.Products: Petroleum, natural gas, and other petrochemicals.KPIT Technologies (formerly KPIT Cummins Infosystems Ltd) is Indian Multinational corporation with registered office in Pune, Maharashtra, India.KPIT provides product engineering and IT consulting solutions and services to its clients. The Product Engineering line of business encompasses solutions and services to create automotive products by impacting the sub-systems of a vehicle including powertrain, body electronics, chassis, diagnostics, telematics, hybrid/ electric powertrain as well as infotainment.Wipro Limited is an Indian Information Technology Services corporation headquartered in Bangalore, India. At the end of December 31, 2015, its employee strength was 170,664.Wipro Group of Companies include Wipro Technologies, Wipro BPO, Wipro Consumer Care & Lighting, Wipro Infrastructure Engineering, Wipro GE Medical Systems.Bharti Enterprises: Bharti Enterprises is an Indian business conglomerate headquartered in New Delhi, India. It was founded in 1976 by Sunil Bharti Mittal and it operates in 18 countries across Asia and Africa.Here is the list if companies in Bharti Enterprises: Bharti Airtel, Bharti Infratel, Beetel Teletech, FieldFresh Foods, Bharti AXA General Insurance and Life Insurance, Centum Learning, Bharti Foundation, Bharti RealtyAditya Birla Group: The Aditya Birla Group is an Indian multinational conglomerate named after Aditya Vikram Birla, headquartered in the Aditya Birla Centre in Worli, Mumbai, India. It operates in 40 countries with more than 120,000 employees worldwide.Products: Agribusiness, Carbon black, Cement, Chemicals, E-commerce, Ferro chem, Financial services, Mining, Retail, Telecommunications, Textile, Wind power and Trading solutionsHCL Technologies Limited is an Indian multinational IT services company, headquartered in Noida, Uttar Pradesh, India. The company has offices in 34 countries including the United States, European countries like France and Germany, and Northern Ireland in the United Kingdom.Business Lines: Applications Services[, BPO/Business Services: This division has "delivery centers" in India, the Philippines, Latin America, USA, HCL BPO Northern Ireland, and Europe, Engineering and R&D Services (ERS), Infrastructure Management Services (IMS)Essar Global Fund Limited is an Indian conglomerate group based in Mumbai, India.The company has expanded its global footprint, focusing on markets in Asia, Africa, Europe and the Americas.Products: Steel, Oil and Gas, Electricity, Infrastructure, Shipping, Information technology, Retail, Real estate.Larsen & Toubro also known as L&T is an Indian multi-national conglomerate headquartered in Mumbai, Maharashtra, India. L&T has over 130 subsidiaries and 15 associate companies.Business Lines: L&T Realty, L&T Technology Services, L&T Solar, Electrical and Automation, Information Technology (IT), Machinery and industrial products and EWAC Alloys LimitedMicromax is an Indian consumer electronics company headquartered in Gurgaon, Haryana. As of Q3 2014, Micromax was the tenth largest smartphone vendor in the worldProducts: Mobile Phones, Laptops, Smartphones, Tablet Computers, 3G Datacards, LED Television.Hope it helps !!