QOTD 26.01.2010

Happy Republic Day to all.

I am a trader by profession, and I believe the greatest gift to India in its 60th year of the republic is the power of using Exchange Traded currency futures. This would go a long way in making SMEs self-reliant in managing their own currency risks, and help them grow, much like what the Mahatma had envisaged.

So, today's question of ours is dedicated to something similar: Allahabad Bank, Andhra Bank, Bank of Baroda, Bank of India, Canara Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Union Bank and United Bank of India, the PSU banks that have been the backbone of our financial systems for years now, recently joined hands for a common cause. What? (P.S. - the list is not exhaustive though)

Answer to QOTD 25.01.2010: The connection is "Pocket Rocket". Gambhir was recently given this nickname by Michael Slater (Lasith Malinga is also famous with the same nickname, but then, I was not paying a tribute to him), while Ranbir Kapoor was recently also given this nickname post his "pocket me rocket hain" song in Rocket Singh: Salesman of the Year. Went uncracked