Archive for 'Financial Services'

Ultra High Net Worth Individuals Crisil

Submitted by: Kristy Jhon

The phenomenal growth in the number of the super rich has laid the foundation for an unprecedented expansion of the wealth management industry in India. Inevitably, it is also driving the entry and growth of luxury brands that cater exclusively to the tastes of the ultra high net worth individuals (UHNIs).

For both, wealth managers and luxury brand companies, one major hurdle to their effective functioning and growth is the almost remarkable dearth of information on the earning, spending and investing trends of the ultra wealthy.

In this report, the first of what will be an annual edition, we have laid the broad framework and detailed the methodology to define who an ultra HNI is. Considering the attention that they have been getting in recent times, it was also quite tempting to focus on what their numbers are and who has how much wealth.

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Instead, the spotlight in this inaugural year is on behavioral aspects, such as what drives these individuals, what their priorities or motives are when it comes to spending or investing, and whether there is any homogeneity in their actions as a class.

The conclusions emerging from the analysis are informative and insightful, some even positively surprising. We believe that the takeaways gleaned from this report will be invaluable for people who manage the wealth of the ultra rich, and will help niche companies operating in the segment to come up with more innovative marketing or distribution strategies for their products.

Kotak and CRISIL seized the opportunity to create a report that analyses and tracks these trends year on year with specific reference to the Indian market. CRISIL Research then undertook an extensive analysis of the results of the survey, and every conclusion was subject to the same analytical rigour and review process that is the hallmark of all CRISIL Research reports.

CRISIL Research is the country’s largest independent and integrated research house with strong domain expertise on Indian economy, industries and capital markets. We leverage our unique research platform and capabilities to deliver superior perspectives and insights to over 1,200 domestic and global clients, through a range of research reports, analytical tools, subscription products and customised solutions

This report is based on two main strands of research.

A series of interviews were conducted with senior personnel at major global luxury brands, art gallery owners, product dealers and industry body representatives.

We commissioned a market survey of 150+ ultra HNIs, with conversations lasting up to one hour. The respondents were spread across the three major metros, namely Mumbai, Delhi and Bengaluru, as well as Hyderabad, Ahmedabad, Chennai, Pune, and Kolkata (referred to as Other cities in this report). A majority of the respondents (77 per cent) were from the three major metros. The survey took place between December 2010 and February 2011.

CRISIL-Irevna, world’s top-ranked global offshoring firm provides financial research, corporate services and analytical solutions. Ideal business valuation KPO services ranging from equity research and credit research to corporate strategy support.

About the Author: Knowledge Process Outsourcing – CRISIL Research is the country’s largest independent and integrated research house with strong domain expertise on Indian economy, industries and capital markets. For more:


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Payday Loans End You Financial Woes With Life Saving Payday Loans

By Roberta Martin

Financial crisis might build up at any time in your life. They do not ask for your consent and will arrive before you have any knowledge of it. If you are a salaried individual and you have to meet an urgent situation in the middle of the month looking for your financial concentration and in such difficult situation if your pockets are passing the time for the next payday, you might find yourself ill-prepared and vulnerable. You may look out for some dependable and fast financial supports to patch up your financial troubles. On the other hand getting immediate finances is somewhat complicated which puts you in testing conditions. Cash advance payday loans prove to be a savior in disguise for you in these situations.

Despite the fact that, there are some pros and cons these are still the savior. These are short term loans specifically designed to meet the requirements of salaried class individuals looking for fast money to meet their urgent situation in the middle of the month. These loans are by and large of unsecured kinds. You require no security to place while submitting an application for these loans. You will have to pay the loan amount back on your next payday; therefore these loans have an extremely short repayment plan of 15 to 21 days. The sum for which you can apply for varies from $ 100 to $ 1200 relying upon your pay scale and repayment capacities. The interest rates for these loans is somewhat reasonable and ranging from 9% to 12 % APR. Given that the settlement period for these loans is relatively short therefore the lender feels at a smaller amount of risk which makes the process quite simple and fast.

There are some processes involved to get these loans. A huge number of lenders are accessible online with their excellent offers and overall cash advance payday loan packages for you. You simply have to decide on the most excellent lender and apply online for the right cash advance payday loan that goes with your needs. Financial choices are to be made after significant thought and supported by excellent financial understanding. To get bad credit payday loans, cash advance loans, instant payday loan, and payday cash loans visit advanceloan portal.

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You just have to fill in a simple online application form and provide little information on your income and resources. Your task is done at this very instant. The creditor has then to assess your repayment capacity and approve the loan amount. For much faster and smoother course of action you have to put forward correct and as much as necessary proofs of your earnings and expenses. You can look forward to the money in your bank account within a few working hours.

Therefore if you are trapped in an unfortunate financial situation and are feeling helpless, it’s time you stop waiting for payday. Simply transfer all your worry to the cash advance payday loans. Be a little aware and request for the cash advance payday loans to bring an end to all your financial problems staring you.

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Affordable Health Dental Insurance Low Cost Insurance For Dental Braces

By Jane A. Smith

Dental braces are now considered not only as a way of making a person looks good by reshaping the outward growth of his or her teeth to become vertically inclined inside his or her mouth to preclude an ugly look that might otherwise destroy his or her beautiful face. Indeed, a beautiful face can be severely destroyed by a protruding mouth due to the outward growth of teeth inside the mouth. These braces are also instrumental in setting the right positions of teeth in the mouth to enable a more efficient chewing of foods.

Because of its importance, a family would now have to subject their son or daughter with outward growing teeth to be corrected with the use of dental braces. If a family is covered by a health insurance, there is the possibility that dental braces might be partially covered by the insurance. Partial coverage can help defray the cost of dental braces. It is however advisable that if you have insurance that partially covers the cost of dental braces, an added or supplemental insurance would be needed so as to make you completely free from the high cost that dental braces can bring.

Primarily because of its cost and the growing needs of families to correct the abnormal growth positions of their children’s teeth that might otherwise affect their health and facial beauty, insurance companies have now designed very affordable insurance for dental braces. This type of insurance will now make it easy on the pocket of parents who might find it hard to have dental braces for their children due to its prohibitive cost.

Orthodontic care is a specialized aspect of the dental profession. This is why you will find that dental braces which form part of orthodontic care are more likely to be priced much higher than the cost of other types of dental care.

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Low cost dental braces insurance can be very helpful. This actually is one reason why there are already many children or even teenagers who have dental braces, not withstanding the high cost of such dental service. It should however be noted that if you are planning to have a low cost dental brace insurance for your family, care in selecting the type of dental brace insurance policy should be fully made.

There have been numerous cases whereby the total amounts of insurance coverage were not sufficient to cover for the total cost of dental braces. This situation will only tend to aggravate further the financial strain to the family because of the additional expenses that they will have to overcome.

Scrutinizing carefully the fine print of the Insurance policy should be made prior to signing and paying the first premium of your low cost dental brace insurance. If you find parts of the policy you are not clear about, always clear this out with the office of the insurance company. Doing it this way will make you aware if until how much is your insurance coverage and if what are the other limitation of your low cost insurance dental brace coverage.

There are dental terms that you might encounter aside from legal terminology that are sometimes used in the fine print. Take time out to inquire about these terms and be clarified since you have every right to know what you are going into an agreement in the first place.

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