The Mumbai High Court will hear Kotak Mahindra Bank’s petition against the Reserve Bank of India (RBI) after the latter rejected its plan to reduce promoter shareholding by issuing perpetual non-cumulative preference shares (PNCPS). It would not be an exaggeration to say that the case’s outcome may change...
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March 12, 2019 Loknath Das
Banking
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Workplace scenarios and trends are constantly changing. In such a dynamic environment, naturally one needs to adapt and imbibe newer and more relevant skills. From technology-related to people-oriented skills, here are the top ones you must acquire to up your career game this year. 1. Learn to handle data With more businesses going digital,...
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March 11, 2019 Loknath Das
Career
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If you’ve been eyeing a promotion, now is the time to make your move: One hundred consecutive months of job gains have given way to the tightest labor market in recent history, leaving employers scrambling to retain talent and putting you in the best possible position to go after more....
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February 26, 2019 Loknath Das
Career
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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...
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February 11, 2019 Loknath Das
Banking
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A day after three PSU banks were removed from Prompt Corrective Action (PCA) framework of the RBI, Finance Minister Piyush Goyal Friday expressed hope that other remaining 8 lenders will be out of the list soon. Various steps taken by the government has helped the banks significantly and as a...
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February 1, 2019 Loknath Das
Banking
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It already provided Rs 51,533 crore to a clutch of state-run banks by end-December. The government has indicated to state-run banks that it will finalise the infusion of over `54,000 crore into public sector banks (PSBs) once their results for the December quarter are out in February, banking...
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January 29, 2019 Loknath Das
Banking
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