Indian Newslink Sept 15 2017 Digital Edition
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14<br />
Educationlink<br />
Relianz steps into Mortgage market<br />
SEPTEMBER <strong>15</strong>, <strong>2017</strong><br />
Ashish Kumar Shrivastav lifts the first ‘Best Branch Rolling Trophy’ with<br />
Meghana Daiya<br />
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Chief Guest Dr Sharad Paul addressing<br />
the gathering<br />
Venkat Raman<br />
venkat@indiannewslink.co.nz<br />
The Relianz Group,<br />
which incorporates<br />
Relianz Forex Limited<br />
and Relianz Travel,<br />
has launched into the mortgage<br />
loans market, calling it the<br />
‘Relianz Loan Bazaar.’<br />
The new initiative is a natural<br />
extension of the Group’s experience<br />
and expertise in financial<br />
markets, with a sound knowledge<br />
of the rules and regulations<br />
in force, the guidance of the<br />
Financial Markets Authority and<br />
other regulatory mechanisms.<br />
Logical Evolution<br />
The ‘Relianz Loans Bazaar’ is<br />
also the logical evolution of the<br />
Company, with Relianz Forex,<br />
a successful record money<br />
exchange, and remittance services<br />
that have earned it respect<br />
for integrity, accountability,<br />
transparency and complete<br />
compliance of Anti-Money<br />
Laundering (AMLC) and<br />
Countering the Financing of<br />
The Giridharan Family (from left Usha, Niveditha, Giridharan<br />
and Namratha) Pictures by Narendra Bedekar<br />
Terrorism (CFT) Act of 2009.<br />
Announcing the move at<br />
the Relianz Group’s Ninth<br />
Anniversary celebrations held at<br />
the Wharf in Auckland’s North<br />
Shore, V Giridharan, Managing<br />
Director of the Relianz Group<br />
said that the operation of foreign<br />
exchange and foreign remittance<br />
business, which has grown to<br />
establish branches in Auckland<br />
(Dominion Road, where the<br />
Head Office is also located), The<br />
Central Business District (Queen<br />
Street), Avondale, Manurewa,<br />
Papatoetoe and Wellington, has<br />
enabled a proper understanding<br />
of the market, its growing needs<br />
and possible areas of interest.<br />
Challenge and Adventure<br />
“Our foray into the mortgage<br />
market with the Relianz Loan<br />
Bazaar is the most challenging<br />
and adventurous undertaken by<br />
us so far. One could be wearied<br />
to think that we might go<br />
wrong but I am confident that<br />
our team’s determination and<br />
self-confidence to succeed will<br />
never let us down,” he said.<br />
Mortgage Brokerage business<br />
has been developed as a<br />
strong sector in New Zealand,<br />
following rigid guidelines<br />
and regulatory framework<br />
established by the Reserve<br />
Bank of New Zealand, the<br />
Financial Markets Authority<br />
and the strictures of the lending<br />
institutions. Those operating<br />
mortgage business are expected<br />
to conform to high professional<br />
and ethical conduct- which have<br />
been in fact the norm at the<br />
Relianz Group.<br />
Ninth Anniversary<br />
celebrations<br />
The event held at the Wharf<br />
was primarily to mark the Ninth<br />
Anniversary of the Group,<br />
which also commemorated the<br />
first anniversary of Relianz<br />
Travel, launched at last year’s<br />
Eighth Anniversary Celebrations.<br />
Speaking about the Travel<br />
Operations, Mr Giri said that<br />
growth has been consistent. Our<br />
customers have shown great<br />
faith in our product and service<br />
Musical treat by Lester Silver (Sitar) Manjit Singh (Tabla) and<br />
Anand Thakore (Mandolin)<br />
Pictures by Narendra Bedekar (Creative Eye Informatics)<br />
delivery for Air ticketing and<br />
Tours. The sale of air tickets<br />
and custom-made tour packages<br />
have been seeing impressive<br />
growth and we are looking at<br />
another year of hard work and<br />
growth,” he said.<br />
Programme Highlights<br />
Among the highlights of<br />
the evening was a speech by<br />
Dr Sharad Paul, a specialist in<br />
Skin Cancer Surgery with a<br />
medical practice on either side<br />
of the Tasman and an Adjunct<br />
Professor (Faculty of Health and<br />
Faculty of Creative Technologies)<br />
at the AUT University.<br />
Guests at the Dinner meeting<br />
were also treated to a session of<br />
melody with a sitar recital by the<br />
Hamilton based Lester Silver,<br />
accompanied by Manjit Singh<br />
on the Tabla and Anand Thakore<br />
on Mandolin.<br />
Many members of the Staff,<br />
working at various branches<br />
of the Group were recognised<br />
for their achievements over<br />
the past year with trophies and<br />
certificates.<br />
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