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Showing posts from May, 2015

Team Effectiveness Model

Context Adequate Resources Leadership and structure  Climate of trust Performance Evaluation and Reward Systems Composition Abilities of members Personality Allocating roles Diversity Size of teams Member flexibility Member preferences Work Design Autonomy Skill variety Task Identity Task significance Process Common Purpose Specific Goals Team efficacy Conflict Levels Social Loafing Courtesy Stephen P. Robbins

Difference between Debentures & Bonds

Debentures World over, a debenture is a debt security issued by a corporation that is not secured by specific assets, but rather by the general credit of the corporation. Stated assets secure a corporate bond, unlike a debenture. But in India these are used interchangeably. Bonds A bond is a promise in which the issuer agrees to pay a certain rate of interest, usually as a percentage of the bond's face value to the investor at specific periodicity over the life of the bond. Sometimes interest is also paid in the form of issuing the instrument at a discount to face value and subsequently redeeming it at par. Some bonds do not pay a fixed rate of interest but pay interest that is a mark-up on some benchmark rate . Typically bonds are issued by PSUs, Public Financial Institutions and Corporates. Another distinction is SLR (Statutory Liquidity Ratio) and non-SLR bonds. SLR bonds are those bonds which are approved securities by RBI which fall under the SLR limits of bank