Proactively monitor portfolios, address potential risks: RBI Governor to bank boards

Shaktikanta Das | Photo Credit: Thulasi Kakkat RBI Governor Shaktikanta Das on Monday (November 18, 2024) asked banks to proactively monitor their portfolios, identify areas of over-concentration, and take pre-emptive measures to address potential risks and challenges. The Governor also asked bank boards to strengthen the internal governance framework to curb unethical practices, such as…

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Did inflation play a role in Trump win?

Donald Trump has emerged an unlikely victor in the recently concluded U.S. election, with the Republicans delivering a comprehensive victory over the embattled Democrats. Not only have the Republicans captured the popular vote — the first time since George W. Bush in 2004 — but they also captured both houses of government, a resounding victory…

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RBI Governor Shaktikanta Das to bank boards: Strengthen framework to curb unethical practices

“While such practices may yield short-term gains, they ultimately expose the bank to significant long-term risks, including reputational damage, supervisory scrutiny, and financial penalties,” Shaktikanta Das said in a keynote address at the Conference of Directors of Private Sector Banks here. | Photo Credit: Thulasi Kakkat RBI Governor Shaktikanta Das on Monday (November 18, 2024)…

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Jairam Ramesh says no reason to celebrate increased women participation in workforce, highights wage fall and job quality deterioration

Congress leader Jairam Ramesh. File | Photo Credit: PTI Accusing the Narendra Modi Government of ignoring the fine print of the women’s Labour Force Participation Ratio (LFPR), which as per the government’s statement from last month, increased from 27% in 2017-18 to 41.7% in 2023-24, Congress general secretary (communications) Jairam Ramesh pointed out that 84%…

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