9 Reasons why Ukrain war May never end any time soon Russia and Ukrain is a fighting a war that everyone thought would be over in days .. it now 1 year post the start .. war is still at the start . What makes it endless Russia is fighting both physical and Moral war […]
Silicon Valley Bank (SVB) Failure – Will there be a domino effect ? The 16th largest bank in US till just before it’s falling , SVB had left behind a legacy of how banking at its basics is still about credit to deposit ratio and quality of assets . One could be dealing with most […]
Launch of UPI -PAY NOW linkage – Paving way to easier cross boarder remittance Hon’ble Prime Minister of India, Shri Narendra Modi and Hon’ble Prime Minister of Singapore, Mr. Lee Hsien Loong were present during the launch of cross-border linkage between India and Singapore using their respective Fast Payment Systems, viz. Unified Payments Interface (UPI)…
RBI Deputy Governor MK Jain did some straight talking last month where he cautioned against the extant sub-par quality of compliance setups, weak risk culture, the inadequate scope of internal audits and an overall disconnect between compliance and audit functions within regulated entities. HIs concerns were as follows: Compliance: Failure/delay in detection and reporting of…
Russia’s attack on Ukraine and retaliatory sanctions from the West may not portend another global recession. However the conflict threatens to inflict severe economic damage on some countries and industries that could mean hardships for millions of people.. Russia is the world’s third-biggest producer of petroleum and is a major exporter of natural gas.Ukraine’s farms feed millions around the […]