MUMBAI: The Reserve Bank of India (RBI) on Thursday relaxed the leverage ratio (LR) for banks in a bid to help them expand their lending activities. The leverage ratio stands reduced to 4% for Domestic Systemically Important Banks (DSIBs) and 3.5% for other banks. The relaxation was announced in the accompanying...
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June 7, 2019 Loknath Das
Banking
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Almost, if not every, English language dictionary defines an entrepreneur as a person who sets up a business at their own risk, with the view of making a profit. Definitions have a tendency to highlight the cold logic of a word, rather than capture its essence – casting aside the drive,...
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May 11, 2019 Loknath Das
MBA
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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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