Saturday, 3 December, 2022
TopicIndian bankers

Topic: Indian bankers

India records best-ever mergers & acquisitions quarter, $82.3 billion pending & completed deals

The spike was led by HDFC Bank's $60 billion all-stock acquisition of Housing Development Finance Corp. in April, which combined India's leading bank and largest mortgage lender.

India’s IPO frenzy sees bankers trade work-life balance for huge fees

Bumper pool of fees has become all the more significant for bankers in an especially harrowing year, that saw sickness and death come much closer to home due to Covid pandemic.

The real reason millennials & Gen-Z don’t want to become bankers

Banks should think about the types of candidates they’re trying to recruit. In post-pandemic era, keeping young employees will be about something more existential than money & perks.

Bankers want to be ‘frontline workers’ who get Covid vaccine first, write to Sitharaman

Four bank unions say bankers have provided yeoman service throughout Covid pandemic, and will feel appreciated if they’re moved up in priority list.

Protect bankers, act against miscreants with full force of law: Finance ministry tells states

In a letter to all state chief secretaries, the finance ministry sought proactive and preventive measures amid rising incidents of violence against bankers on bank premises.

Indian bankers more productive working from home due to elimination of lengthy commutes

The average commute time on Mumbai's, India's financial capital, major routes is over an hour, more than twice the averages of Singapore, Hong Kong & New York.

RBI looks to cap banker bonuses that encourage risky behaviour

Dealing with a pile of bad loans & scandals, policy makers hope that tighter rules will help discipline bankers.

Chanda Kochhar’s exit from ICICI ends reign of women at the top of Indian banking

Past few weeks has seen exit of 2 more women bankers — Allahabad Bank's Usha Ananthasubramanian & Axis Bank's Shikha Sharma, who retires in December.

On Camera

YourTurn

File photo of Kerala Governor Arif Mohammed Khan | ANI

Arif Mohammad Khan vs Kerala govt isn’t a new faceoff. Old cases show Governor wears two hats

Under UGC provisions, a search committee is appointed to find suitable candidates for the V-C post. Governors make their selection from among these names.

51 cow universities, old pension scheme, jobs — what RSS affiliates want from 2023 Budget

Welfare schemes and ‘self-reliance’ figure high on Sangh organisations’ wishlists for finance minister Nirmala Sitharaman ahead of the Budget, which she will present on 1 February.

Defence

A soldier with 'Arjun', a black kite trained to down enemy drones, during the Yudh Abhyas exercise being held in Auli, Uttarakhand | Suraj Singh Bisht | ThePrint

It’s a plane, no it’s a bird! Army’s training eagles & falcons to swoop down on hostile drones

The birds are also being trained for surveillance at Remount Veterinary Corps Centre in Meerut, with cameras fitted to their heads to record videos.

A Gujarat gamble: A likely reason Rahul is not giving Modi a fight this assembly election

I'd rather not buy idea that Rahul's holding his fire until 2024. More likely, Congress believes Karnataka offers best chance of winning a Gujarat-sized state if Gujarat is too challenging.