For non-PCA public sector banks, their share of operational risk capital is 43.3%, also lower than their share of frauds which is 53%. In sharp contrast, private sector banks and foreign banks account for 28.9% and 8.9% respectively of total operational risk capital, well above their share of frauds. … [Read more...] about Quick Take | With so many frauds in PCA banks, why take the risk of allowing them to lend?
Actions to mitigate climate change
While the startup is launching first with outerwear that can worn inside and outside, the same material also has potential for indoor-only garments. The technology, which was first developed at the San Francisco-based research and product development company Otherlab before spinning off into the startup, was initially conceived as a way to save energy. Wearing the fabric has the same effect as adding an extra sweater without the inconvenience of changing clothes, so people can turn down the thermostat. ARPA-E, the government agency that funds advanced energy research, funded the initial development. “The government motivation was really borne out of a recognition that a small change in how people heat and cool buildings can lead to a pretty large change in domestic energy use,” Ridley says. … [Read more...] about This shape-shifting jacket automatically gets warmer as the temperature drops
Myth #3: Millennials are overly emotional Often dismissed as “social justice warrior snowflakes,” Millennials, and MSBOs, are actually rational. Sometimes, emotions come into play when making decisions. MSBOs have put their hearts and souls into their work, after all. But, tying in with their cautiousness, they make key business decisions only after doing their research and gathering key information. … [Read more...] about New research reveals the truth about millennial small business owners