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Showing posts from May 31, 2023

News

 “Confidence is not they will like me. Confidence is, I will be fine even if they don’t”. Happy Thursday Morning 🍀 Today's Headlines from : *Economic Times* 📝 Civil aviation ministry comes out with draft aircraft bill 📝 Sebi mulls mandating additional disclosure for high-risk FPIs 📝 Agricultural products trade via e-NAM surges 41% in FY23 📝 Gautam Adani to raise $3.5 billion from share sale in three group companies 📝 Abrdn exits HDFC Life, sells entire stake for Rs 2,069 cr 📝 ICRA sees power demand growth at 5-5.5% in FY24 vs 9.6% FY23 📝 Cooling solutions startup Tan90 raises Rs 11.3 crore in funding 📝 Edtech startup Scaler acquires Delhi-based Pepcoding for undisclosed amount 📝 Canada launches new process to welcome skilled workers as permanent residents 📝 MeitY launches pilot for electronics repair services outsourcing industry *Business Standard* 📝  India's GDP grows 6.1% in Q4, 7.2% in 2022-23; beats analysts' expectations 📝  No plan to let Chinese firms ...

Headlines

 🙏 Good Morning All.... 🌻🌻👨‍👩‍👧‍👧💐🙏 ☕ 01.06.2023 : Today's Banking / Financial News at a Glance  🍒     Bank boards should ensure business models, strategy and operations are effective: RBI Deputy Governor Jain :Bank boards must ensure that the business model, strategy, and operations are sustainable and create long-term value for all stakeholders, according to RBI Deputy Governor M.K. Jain. “Effective risk management, governance, and compliance practices are essential to safeguard the bank’s reputation, financial stability, and long-term viability.“...the board must remain vigilant, adaptive, and continuously assess the bank’s performance, risks, and opportunities, and take timely and informed decisions,” Jain said in a recent speech delivered at the conference of directors of banks.The Deputy Governor reiterated that the role of the board of directors in ensuring sustainable growth and stability of the banking sector cannot be overstated. - Business L...