Other recommendations are NBFCs with more than Rs 50,000 crore asset can be converted into banks after 10 years, three-year track record must be enough for payments bank to be converted into small finance bank, minimum cap for licensing universal banks must be raised to Rs 1,000 crore from Rs 500 crore and minimum cap for licensing small finance banks should be raised to Rs 300 crore from Rs 200 crore etc. … [Read more...] about Top 12 stocks to look at from banking & financial space after RBI panel recommendations
Orchard international building
Pry the octopus off With all this context, we can see this octopus causing us so much trouble: it’s made up of fear of making mistakes and impostor syndrome. Knowing that we can make a plan. Not just “get this octopus off my face” or “stop worrying”—we already know that’s not enough. Rather, a plan to systematically disable the octopus and hold it at arm’s length. For me, this usually looks like talking or journaling to myself like I’m a frustrated little kid: … [Read more...] about So you made a mistake. Big or small, here is a solid strategy to deal with it
AstraZeneca has acknowledged a key mistake in the vaccine dosage received by some study participants, the New York Times said in a report. This admission has added to questions about whether the "vaccine's apparently spectacular efficacy will hold up under additional testing." … [Read more...] about AstraZeneca CEO says might run new global trial of its COVID-19 vaccine: Report
To sum up, the working group has listed several suggestions to improve the working of agricultural credit. The Indian agriculture system is a maze with several ministries and organisations responsible for different tasks and any committee recommendations are often lost in the process. To avoid this, the Jain committee has marked out specific ministries and organisations against each suggestion, which is really helpful. … [Read more...] about Agri finance: Another year, another panel. Will things change?