The common man was never too receptive to the Rs 2,000 notes that were introduced shortly after demonetisation. It wasn't easy to break these bills into smaller denominations. This was particularly a major problem for people in cash-dominated segments - small traders and vendors. … [Read more...] about With ATMs not dispensing Rs 2,000 notes anymore, here’s why it is a win-win situation for banks & customers
Opening new bank account deals
India's banking sector has undergone a paradigm shift in the past two decades. The demand for skills in sectors like banking and finance is evolving in response to the impact of digital transformation. Banking industry employs highly skilled people with specialized education qualification for most of its functions. However, over the last few years there has been an increasing trend to outsource recruitment and training needs of private sector banks to specialized skill development companies. The role of outsourcing has grown from being a mere cog to creation of employment opportunities for graduates aspiring to join banking sector. … [Read more...] about Reskilling the banking landscape
The Bank’s Nomination & Remuneration Committee and the Board had considered and submitted the name of a potential candidate for the role of MD & CEO, to the Reserve Bank of India (RBI), seeking approval for the appointment. … [Read more...] about IndusInd Bank names Sumant Kathpalia as MD & CEO
“On the derivative front, heavy short positions were created in index future by FIIs around 12,000-mark and there were many short positions at 12,000 strike call option by many traders as the market was showing some tiredness in 12,000-12,100 zone,” Santosh Meena, Senior Analyst- TradingBells, told Moneycontrol. … [Read more...] about Sensex at record highs! Nifty may hit new high in November series: Experts
Wedged between the port of Los Angeles, the city of Long Beach, and the luxurious homes of Rancho Palos Verdes is the neighborhood of Wilmington. Listed at less than 10 square miles, with a population of about 60,000, it’s also home to the third biggest oil field in the continental United States. … [Read more...] about Patagonia’s new film celebrates activists fighting urban oil drilling in L.A.