Saturday, 22 January, 2022
TopicBanking

Topic: Banking

Institute of Banking Personnel Selection releases admit cards for IBPS PO Mains, exam on 22 Jan

IBPS PO Mains exam consists of two papers — Objective and Descriptive — carrying a total marks of 225. The duration of the exam is three hours and 30 minutes.

The banking jobs algos can’t destroy

The world of dollar-denominated bonds sold by companies in emerging markets, especially China, is the last frontier where finance careers are safe from machines and autocrats.

How I guided SBI through demonetisation, IBC, Jet Airways crisis and Covid: Rajnish Kumar

In ‘The Custodian of Trust’, former SBI chairman Rajnish Kumar writes about telling his 2.6 lakh employees to maintain ethics in banking and a work-life balance.

Banks should adopt digitisation to ensure govt schemes reach needy, says Nirmala Sitharaman

The Finance Minister said it was due to use of digitisation through banking correspondents that govt's financial disbursements were distributed to the poor even during Covid pandemic.

RBI optimistic about 9.5% GDP growth projection for FY22 being met, Shaktikanta Das says

RBI Governor Das further said the central bank will seek to gradually move towards achieving the 4% target, but the possibility of a sustained increase in inflation is unlikely.

Load up on foreign stocks, top banker tells wealthy Indians

Kotak Investment Advisors CEO Srikanth Subramanian says softening of rules will see higher returns from some overseas markets than what investors can get from Indian equities.

Lok Sabha passes bill allowing depositors to get insurance money in 90 days

Finance Minister Nirmala Sitharaman said the legislation will benefit small depositors, including those of the Punjab and Maharashtra Cooperative Bank.

India is walking on one leg because 1991 reforms missed banking & finance

Restrictions on banking led to limited capacity for new entrepreneurs to have access to resources. It allowed the old elite to continue dominating. This order must be shaken up now.

Financial instability looming over India’s banking sector: RBI’s ex-dy governor Rakesh Mohan

Mohan's remarks come days before RBI releases its Financial Stability Report, which will give investors a clearer picture on how banking sector is dealing with an economic downturn.

Citibank to exit consumer business in India and 12 other markets across Asia, Europe

The bank will instead operate its consumer-banking franchise from four wealth centers in Singapore, Hong Kong, the United Arab Emirates and London, it said Thursday in a statement.

On Camera

YourTurn

The BBC Broadcasting House in London

BBC is Britain’s only imperial legacy with purpose, UK must value it to remain in soft-power war

It’s deeply worrying that the Johnson govt, filled with defenders of the country’s imperial past, seems intent on rendering this last great British asset valueless.

Mahindra expects strong recovery in auto sales as supply chain constraints ease

According to Mahindra, the auto industry is poised for a very strong rebound because it has been buffeted by a number of factors over the last 2-3 years.

Defence

File image of German Ambassador to India Walter J. Lindner | Twitter | @AmbLindnerIndia

Won’t be silent if rules-based order challenged, envoy Lindner says as German warship visits

In an exclusive interview, the German ambassador to India said port call of the German warship Bayern in Mumbai shows the significance of the Indo-Pacific region.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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