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There Is No Such Thing As “Dormant Funds” In Banking

One of the principal claims made by Ripple for XRP is that it would free up $5tn that is “sitting dormant” in bank nostro/vostro accounts around the world. In a blogpost, Ripple says that this “ties up capital that could be used in more productive ways.” Using a digital...

February 11, 2019 Loknath Das Banking No Comment

A lost opportunity for us: Candidates rue as 2 big banking recruitment exam clash

Bank job aspirants have found themselves in a fix with two crucial examinations being scheduled on the same day. The Institute of Banking Personnel Selection (IBPS) and Lakshmi Vilas Bank (LVB) have both listed their recruitment exams for January 20 (Sunday), leaving candidates in a predicament. IBPS conducts...

January 15, 2019 Loknath Das Banking No Comment

‘A day of shame’: banking royal commission interim report delivered – as it happened

The behaviour of Australia’s big four banks, as well as insurance and superannuation providers, will be scrutinised in the banking royal commission interim report. Photograph: Joel Carrett/AAP Thanks for joining us today. Amy Remeikis had to run over to Ultimo to appear on the Drum, if you switch...

September 28, 2018 Loknath Das Banking No Comment

Education loan: Flat growth in portfolio as defaults rise

NPAs jump by Rs 600 crore, outstanding loans up by just Rs 21 crore: RBI’s RTI reply Rising defaults have forced banks to go slow in disbursing education loans. Banks have reported a flat growth of 0.02 per cent, or just Rs 21 crore, at Rs 72,839 crore...

September 10, 2018 Loknath Das Education Loans No Comment

IIMs face fresh threat to autonomy as HRD ministry seeks more control

HRD minister Prakash Javadekar. The HRD ministry is deliberating whether the government should have a say on the appointment of an IIM chairman. Photo: Pradeep Gaur/Mint New Delhi: The government is framing rules to partially control how the Indian Institutes of Management (IIMs) function to curb potential misuse of...

July 11, 2018 Loknath Das Universities No Comment

Admissions Queries: “Can I Pursue Photography as a Full-Time Job?”

The Quint has received an overwhelming response to its Admissions Open campaign. We would just like to say, keep writing to us with your questions to [email protected] – and our team, along with experts from College Dekho, will do our best to help you out! Here are some of your queries...

June 11, 2018 Loknath Das Distance Learning No Comment