Thursday, April 30, 2009

Forex Business Branches

International Banking offices / branches

International Banking Deptt,
The Bank of Rajasthan Ltd.
Corporate Office,
11/12, Raghuvanshi Mills Compound,
Senapati Bapat Marg,
Lower Parel,
Mumbai – 400013
Shri Gaurang Vasavada,Asstt. General Manager
91-09324446700(M)
Tel - 91-22-30400026/22-32533423
Fax: 91-2-24983657/22-30401826
E - Mail : ibd@rajbank.com

Forex Branches:
AHMEDABAD
Opp. Town Hall, Elise Bridge , Ashram Road,
Ahemdabad-380006 (Gujrat )
Branch Head: Sh.N.K Bhutani - AVP I
Tel : 91-79-32987300,32930570,09327022112(M)
FAX : 91-79-6579227
Swift: BRAJINBBARA
E-Mail: arahmedabad@rajbank.com

BANGALORE
Maruthi Complex,
325,5th Main Rd,
Gandhi Nagar ,
Bangalore-560009(Karnataka)
Branch Head: Sh. B.L Sharma - Chief Manager
TEL : 09341289405(M), 91-80-32912664, 32980928
FAX : 91-80-22260540
Swift: BRAJINBBBLR
E-Mail: bangalore@rajbank.com

BHILWARA
14-A,Gandhi Nagar,
Gangapur Chouraha,
Pur Road, Bhilwara-311001(Rajasthan)
Branch Head: Sh.P.C Gangwal - Asstt.Vice President-I
TEL : 093521 45167(M), 91-1482-321008, 329813
FAX : 91-1482-242021
Swift: BRAJINBBGNB
E-Mail: gnbhilwara@rajbank.com

CHENNAI
10,Wavoo Complex,
2nd floor,191,N.S.C Bose Road,
Chennai-600001 (Tamil Nadu)
Branch Head: Sh.Vimal Jain - Senior Manager
TEL : 093810 61901(M), 91-44-32925807, 32956336
FAX : 91-44-25383416
SWIFT : BRAJINBBMAS
E-Mail: Chennai@rajbank.com

HYDERABAD
15-1-503/A 83,Hotel Rajdhani Complex
P.B No. 1124,Siddiamber Bazar,
Hyedrabad-500012 (A.P)
Branch Head: Sh.N.L Bapna, Asstt.Vice President-II
TEL : 91-40- 32925879, 32404600, 093910 55308(M)
FAX : 91-40-24745920
SWIFT : BRAJINBBHYD
E-Mail: hydrabad@rajbank.com

INDORE
19/1, New Palasia ,
Indore-452001 (Madhya Pradesh)
Branch Head: Sh.C.P Jain - Chief Manager
TEL :0731-3268191 , 3297267, 093021 22941(M)
FAX: 0731-2543717
SWIFT : BRAJINBBNPI
E-Mail: npindore@rajbank.com

JAIPUR
1. Overseas Branch,Raj.Bank Building
Johari Bazar,Jaipur-302001(Rajasthan)
Branch Head: Sh.D.K Jain, AVP II
Tel : 093146 39003(M), 0141-3256139, 3220729
Fax : 91 - 141 – 2575820
TLX : 365 - 22960
SWIFT : BRAJINBBOSJ
E-Mail: ovjaipur@rajbank.com

2. Raj Bank Building,
Bhagat Bhawan,M.I.Road,
Jaipur-302001(Rajasthan)
Branch Head: Sh.Akheklesh Behari Shrivastava, AVP-II
TEL : 0141-3205629, 3227721, 093146 32337(M)
FAX : 91-141-2364819
SWIFT : BRAJINBBMIJ
E-Mail: miroadjaipur@rajbank.com

JODHPUR
Chand Shah Takia Market ,
Sojati Gate,Jodhpur-342003(Rajasthan)
Branch Head: Sh.S.M Sharda - Chief Manager
TEL : 09314224690(M), 91-291-3247001, 3293695,
FAX : 91-291-2650407
SWIFT : BRAJINBBSGJ
E-Mail: sgjodhpur@rajbank.com

KOLKATA
Hall & Anderson Building ,
31, Chowringhee Road,
Calcutta-700016 (West Bengal)
Branch Head: Sh Bhaskar Basu - Asstt.Vice President-I
TEL : 093310 83904(M),033-32518318, 32969038,
FAX : 91-33- 22498482
SWIFT : BRAJINBBCRC
E-Mail: crcalcutta@rajbank.com

MUMBAI
1. Overseas Branch ,
Ground Floor,Mittal Towers ,
C-Wing,
Nariman Point,Mumbai-400021
Branch Head: Shri Ashok Sharma - Sr. AVP
TEL : 91-22-32606415(D), 093230 40779(M),
32509220,32515999,32508029,
Forex Dealing Room 91 - 22 - 22826660
FAX : 91-22-22826069
SWIFT : BRAJINBBOSM
E-Mail : ovmumbai@rajbank.com

2. 18/20, Cawasji Patel Street ,
Jeevan Jyoti Building, Fort
Mumbai-400023 (Maharastra)
Branch Head: Sh.S.P Rastogi - AVP II
TEL : 91-22-32533799(D), 093224 06069(M),
32603987,32531342,32520560,32922022
FAX : 022-22873471
Swift: BRAJINBBBYF
E-Mail: fortmumbai@rajbank.com

3. Vishal Apartments,Shopping Centre ,
Andheri Kurla Road, Andheri (E)
Mumbai -400069 (Maharastra)
Branch Head: Sh.Anil Morey - Chief Manager
TEL : 91-22-32507701,32531345,093226 44416(M)
Fax: 91-22-26832872
Swift: BRAJINBBBANM
E-Mail: andherimumbai@rajbank.com

4. Treasury Branch,
Jeewan Jyot Building,3rd Floor,
18/20,Cawasji Patel Street,
Mumbai-400001
Forex Dealing Room: 91-22-66378356/22-66378357
Back Office: 22823025/22823027
Branch Head: Shri J.L.Chimpa.,Chief Manager
Tel::022-22823028 (D)/91-0932644440 (M)
E-mail: forexcell@rajbank.com ,trebrmumbai@rajbank.com
Swift: BRAJINBB

NEW DELHI
1. Overseas Br.
204 Surya Kiran Building ,
19, Kasturba Gandhi Marg
Branch Head: Mr.A.K Awasthi - Asstt.Vice President-III
TEL : 093508 22885, 91-11-23730823, 32422050
FAX : 91-1123730072
SWIFT : BRAJINBBOSD
E-Mail: ovdelhi@rajbank.com

2. E-17, South Extension , Part-II
New Delhi-110049
Branch Head: Sh. C.P Sharma - Asstt. Gen. Manager
TEL : 093139 87986, 011-32442779, 32404599
FAX : 91-11- 26259561
SWIFT : BRAJINBBDSE
E-Mail: sedelhi@rajbank.com

3. F-42, Kolhapur Road , Kamla Nagar
Branch Head: Sh Praveen Kumar Behl - Senior Manager
TEL : 91-11-32591777, 93139 78041(M)
FAX : 011-23841990
SWIFT : BRAJINBBDKN
E-Mail: kndelhi@rajbank.com

PANIPAT
Opp. I.B. College,G.T Road,
Panipat 132103 (Haryana)
Branch Head: Sh.Hemant Desai - Manager
Tel : 0180329593/3206802/09371031343(M)
Swift: BRAJINBBPPT
E-Mail: panipat@rajbank.com

PUNE
579, Sadashiv Peth ,
Umbrya Ganpati Chowk,Laxmi Road,
Pune-411030(Maharastra)
Branch Head: Sh.H.C Sharma - Senior Manager
TEL : 91-020-32514440/09371063110(M),
FAX : 91-020-24459851
Swift:BRAJINBBPUN
E-Mail: pune@rajbank.com

SILVASSA
Plot No 282-283,Trimula Complex,
Vapi Main Road, Opp.Jumma Masjid
Silvassa-396230 (UT of Dadra & Nagar Haveli),
Branch Head: Sh.Hemant Desai - Manager
Tel : 0260-3295648,0260-3293956/09377000659(M)
FAX : : 0260-2463590
Swift: BRAJINBBSIL
E-Mail: silvasa@rajbank.com

TIRUPUR
18 Court Street,
Tirupur 641601
Distt. Coimbatore (TN)
Branch Head: Sh.K.R. Pillai, Sr. Manager
TEL : 0421-3295948/09344219884(M)
FAX : 0421-2235005
SWIFT : BRAJINBBTIR
E-Mail: tirupur@rajbank.com

UDAIPUR

Bapu Bazar,
Udaipur-313001.(Rajasthan)
Branch Head: Sh.Anil Kothari, Asstt.Gen.Manager
TEL : 91-294-3291955, 3296170,3202060, 093525-23819(M)
FAX : 91-294-2410098
Swift:BRAJINBBBBU
E-Mail: bbudaipur@rajbank.com

Forex Branch locator

HDFC Forex Branch Locator:-

http://www.hdfcbank.com/personal/forex/forex_branch_locator.htm


ICICI Forex Branch Locator:-

http://www.icicibank.com/pfsuser/icicibank/investments/fes/ForexBranchLocator.htm

Tuesday, April 28, 2009

SBBJ Forex Branches


Chandni Chowk Branch
Outside Katara Neel, Chandni Chowk, Delhi - 110 006
SBBJINBB013
SBBJ0010013
sbbj10013@sbbj.co.in

Nehru Place Branch
71-72 Laxmi Bhawan, Nehru Place, New Delhi - 110 019
SBBJINBB014
SBBJ0010666
sbbj10666@sbbj.co.in

Lawrence Road Br
5, Community Centre,Lawrence Road Industrial Area, Delhi - 110 035
SBBJINBB015
SBBJ0010355
sbbj10355@sbbj.co.in

Nie Ph-I Branch
Payal Cinema Building,First Floor,Narayana Ind. Estate Phase-I, New Delhi -110 028
SBBJINBB016
SBBJ0010309
sbbj10309@sbbj.co.in

Ibb,Jaipur Branch
International Banking Branch,Chaura Rasta, Jaipur - 302 003
SBBJINBB017
SBBJ0010552
sbbj10552@sbbj.co.in

Bkk,Jodhpur Branch
Basni Phase-I, Bhagat ki Kothi Jodhpur - 342 003
SBBJINBB019
SBBJ0010375
sbbj10375@sbbj.co.in

Sbsc,Udaipur Brnch
Sahakari Bazar Shopping Centre, Shastri Circdle, Udaipur - 313 001.
SBBJINBB020
SBBJ0010446
sbbj10446@sbbj.co.in

C C Udaipur Branch
Chetak Circle, Udaipur - 313 001
SBBJINBB021
SBBJ0010209
sbbj10209@sbbj.co.in

Bhadohi Branch
Bhadohi, Distt Varanasi, PIN - 221 401
SBBJINBB023
SBBJ0010384
sbbj10384@sbbj.co.in

Tirupur Branch
58, Municipal office road, Tirupur - 641 604
SBBJINBB024
SBBJ0010288
sbbj10288@sbbj.co.in

G N Bangalore Brnch
122, VI Cross, Gandhinagar, Banglore - 560 009
SBBJINBB025
SBBJ0010434
sbbj10434@sbbj.co.in

Overseas Mumbai Br
Nirmal Building, Nariman Point, Mumbai - 400 020
SBBJINBB027
SBBJ0010731
sbbj10731@sbbj.co.in

Sunday, April 26, 2009

Forex? What is it, anyway?



The market


The currency trading (FOREX) market is the biggest and the fastest growing market on earth. Its daily turnover is more than 2.5 trillion dollars, which is 100 times greater than the NASDAQ daily turnover. (click here to read full market background by Easy-ForexT).

Markets are places to trade goods. The same goes with FOREX. The Forex goods (or merchandise) are the currencies of various countries. You buy Euro, paying with US dollars, or you sell Japanese Yens for Canadian dollars. That's all.

How does one profit in Forex?

Very simple and obvious: buy cheap and sell for more! The profit is generated from the fluctuations (changes) in the currency exchange market.

The nice thing about the FOREX market, is that regular daily fluctuations, say - around 1%, are multiplied by 100! (in general, Easy-ForexT offers trading ratios from 1:50 to 1:200). If, for example, the exchange rate of "your" pair of currencies increased by 0.6% in the last 4 hours, your profit will be 60% on your investment! Such can happen in one business day, or in a few hours, even minutes.

Moreover, you cannot lose more than your "margin"! You may profit unlimited amounts, but you never lose more than what you initially risked and invested.

You can implement your choice (the pair of currencies, the volume amount) under any direction to which the market is moving, and yet make profit. It does not matter whether the exchange rate is going up or down: you can always decide to buy Euro and sell dollar, or vice versa - buy dollar and sell Euro. You don't have to physically possess certain currencies in order to perform "buy" or "sell" with them.

How do I start?

Register (Easy-ForexT offers the simplest and quickest registration process, no obligation); deposit your first trading "margin" amount (credit cards are welcome, only by Easy-ForexT); start trading.

It can't be simpler or easier than that. Need help? We'll provide you with 1-on-1 training and service, as much as necessary (Easy-ForexT offers real people service, live, in your own language).

Forex Education Tips - 5 Steps to Successful Forex Trading



Close to 95% of all Forex traders will lose money. We're not just talking about novices, either. Whether you trade Forex for a living, as a hobby or just for fun, odds are against your success. That's a simply astonishing fact. However, the remaining 5% of Forex traders somehow manage to break even and there are those lucky few that actually make money in the currency market – consistently!

Like the TV show says … “How’d they do that, anyway?”

That's the million dollar questions, isn’t it? Countless books, seminars and expos have been hosted to answer this very question. That sad fact is that thousands of books have been written and countless seminars and interviews have been conducted in an attempt to answer the magic questions. The reality of the situation is that there is no magic formula; no one single Holy Grail of Forex trading.

So what do the successful traders do that the rest of us have simple not comprehended. They have mastered a process of winning where they combine and customize several factor to produce consistent results. They have mastered the Process of Trading.

The Process of Trading is:

Strategy > Money Management > Self-Mastery

Here are some simple Forex Education tips to help you master the process of forex trading:

Success Tip #1 – You’ve Got To Have a Plan

You must have a written business plan that will detail all aspects of your trading. When are you going to trade, how much to risk, strategies for entries and exits are just o name a few. To become a consistent (profitable) Forex trader you have to plan your trade sand trade your plan.

Simplicity rules! Don’t make this plan too complicated. One sheet of paper for you mission statement and another for your trading plan should suffice. Anything more is probably too complicated.

Success Tip #2 – Focus on Your Personal Psychology

Knowing yourself will allow you to master the discipline necessary to execute high quality trades with solid money management techniques. Lack of discipline is fatal in Forex trading. Go on a personal journey to identify you attitudes towards risk and money. Get intimate with your strengths and weaknesses as a trader and build in to your trading plan strategies to minimize those weaknesses and maximize your strengths.

Different personalities lend to different trading styles. Get familiar with all the different styles and over time you will begin to gravitate towards one particular style. Don’t fight the urge like I did. I insisted I was a day trader, but had only limited results. I found my winning percentages were much higher when I entered swing trades. Guess what’s my bread and butter strategy now!

Success Tip #3 – Be Realistic About Your Expectations

This is a hard one, I know! I am on the internet every day and the amount of advertising is staggering. Brokers are offering free education (fox in the hen house if you ask me), forums of all different trading styles and points of view. Gurus pushing their system as “the one” that will make you the big bucks. How do you get through all that noise?

Let me tell you loud and clear right now – everyone is right and everyone is wrong. You have to make a personal commitment to become a successful trader, find a trading style that works for you and expect a slow and steady approach to wealth building through Forex.

What works for me may not work for you. Expect to go through an exploratory period where you are learning and at the same time exploring yourself as a trader. Keep an open mind and don’t pay attention to all the noise out there.

Success Tip #4 – Exercise Patience

Rome was not built in a day and neither will your trading account. In fact, I tell all of my students that while they are studying to become successful Forex traders they should not look solely at their account balance as an indication of success or failure.

By tracking and increasing your percentage of high quality trades you execute is a far better barometer of your progress than your account balance. Cause and effect rule here. Over time when you increase your probabilities through the execution of high quality trades your account balance will respond accordingly.

Keep the focus on the process and with time your results will blow your mind.

Success Tip #5 - Money Management Is Top Priority

I would rather have a shaky strategy and excellent money management techniques than the other way around. This topic warrants its own blog post to do it justice. Limited your exposure (read “risk”) allows for you to stay in the game and allow the laws of probability to work.

Let’s take a casino for example. They need gamblers to frequent their slot machines to make money. Why? They have a game that has a greater than 50% chance of making money for the house. The more people that play the slots, the greater the casino’s profits.

The casino controls risk by payout tables (always favoring the house!) and increases their probabilities by keeping gamblers at the slot machines (read “free drinks”). As a trader you must limit your risk by committing only 1% - 3% of available capital to a single trade. When you execute enough trades with a high probability strategy you too can clean up like the casinos – but only by staying in the game long term.

In conclusion, Forex trading is not easy. It’s hard work and will test the limits of your patience and perseverance. If anyone tells you otherwise .., buyers beware! It can be a very rewarding and profitable venture if done correctly. In the end it is a profession that requires a learning curve and practical experience, no different than an airline pilot or engineer. Understanding how to approach and learn this game will allow you to reap all the benefits advertised. It is your Forex Education that you will master the Process of Forex Trading.

ABOUT THE AUTHOR: Todd Judkins specializes in teaching real people how to trade the Forex market for long term success by focusing on strategic, mind and money skills. He is a currency trader, educator and success coach to traders.

How to Adopt the Traits of a Successful Trader ?



Hey Traders,

Here's a post by Heather Johnson that will serve you well in your trading - Enjoy.

--------------------------------------------------------------------------------------------------

Not all Forex traders were cut from the same cloth, but the most successful investors do have several things in common. Whether you are a newcomer to trading or you are a seasoned pro who is trying to improve your game plan, the following suggestions may help you out. Below are five ways to evolve into a successful trader:

1. Become a lifelong student – Never stop learning about the business you are in. If you think you know everything about the Forex market, then think again. The successful trader is a lifelong student who constantly absorbs new information about the ever-evolving climate of Forex trading.


2. Be courageous – It's hard to overcome your fears when you are dealing with an unpredictable investment. Even if you are equipped with extensive knowledge about the market, you still have to put your money at risk every day. Reserve a small amount of apprehension (just enough to keep you sensible), but don't hesitate at every turn.

3. Hone your math skills – You are wading through a sea of mathematical information every day when you look over your charts. The most successful traders know how to take that large amount of information and pull out necessary information.

4. Be patient – Become a long-term investor and put all notions of overnight success to rest. You must adopt a stoic attitude, as you make the most informed decisions about your business and leave the rest to fate.

5. Learn to love trading – Maybe you already do love trading and that's why you are involved with Forex. However, many people are either too wrought with anxiety to enjoy it or merely see it as a job. If you don't like trading, don't trade. A great trader will love the roller coaster ride he/she is on.

Are the above suggestions obvious? Perhaps, but many of us take a wrong turn somewhere and need some simple advice to get us back on track. In order to stay on top of your game, you will need to constantly reinvent yourself, as there is no world that calls for flexibility more than the Forex market.

About the Author:

Heather Johnson is a freelance finance and economics writer, as well as a regular contributor for CurrencyTrading.net, a site for currency trading and forex trading information.

Trust Yourself


When you turn on the TV (especially mainstream media) you are inundated with news of the demise of the dollar. Business news, national news and even your local news channels are leading into events with reports of the dollar and the economy. Analysts are featured and opinions are smattered across the airwaves in an attempt to provide an oracle response to current economic events.

Beware the source and follow your system.

In these volatile times it is easy to get caught up in the hype provide by all the news media and analyst. It is natural to want to look for guidance. Remember to trust your system and more important trust yourself. You, after all, are the single largest determinant of your success.

Your approach should remain consistent, almost impervious to the events occurring because you follow your plan with discipline and ruthless detail to executing at optimum performance.

Be disciplined and follow your plan. If market conditions don’t suite your style – sit this one out until conditions provide your with your personal edge!

Happy Trading..