Business
RBL Bank allays fears after CEO’s sudden exit, RBI move
The sudden departure of Vishwavir Ahuja as CEO and the banking regulator’s move to send his nominee to the board of directors of financial institutions before Christmas have raised concerns about the monetary strength and asset quality of individual lenders.
Although this move shows that the Reserve Bank of India (RBI) is serious about strengthening lenders and ensuring the cleanliness of the management transition, traders believe that this will be a long journey, as new fundraising activities and maintaining current prospects will show up as a problem. New CEO Rajeev Ahuja.
“I will not change the bank’s financial situation little by little. RBI provided its full support, and in our dialogue with it, the regulator did not encounter any problems,” interim CEO Ahuja told ET. “We have to manage the next few days; Ahuja added that this financial institution is sitting on 15,000 crore additional liquidity, which may be enough to deal with any potential concerns arising from the sudden deposit outflow. Ahuja is waiting for RBI’s appointment. He also mentioned that the financial institution is sufficiently capitalized and does not need to increase funds in the next 8-12 months.
On Saturday, the personal lender mentioned in a regulatory document that its managing director and chief executive Vishwavir Ahuja had quickly resigned. After another important announcement, his withdrawal was closed. The banking supervisory authority has decided to nominate its chief basic supervisor Yogesh Ok Dayal as an additional director to the RBL board of directors for a two-year term, which has quickly had an impact.
“I don’t want to represent the Reserve Bank of India; regulators have a broader agenda, and their nomination is a measure to strengthen the ongoing process,” Rajiv Ahuja said. “I was selected as the successor; both the board of directors and the RBI nominee approved it. The change in leadership was not due to internal developments in the bank.”
Appointing an RBI nominee on the board of a financial institution in the personal sector is almost a kind of energy, and the regulatory agency implements it specifically to protect depositors.
“In the past few years, their clumsy methods failed to spot the brewing troubles of Yes Bank, Lakshmi Vilas Bank, DHFL, PMC, Reliance Capital, etc. and were severely criticized. The Reserve Bank of India must feel the need to precede the panic. The alarm is ringing among small depositors,” said Ajay Bodke, an impartial market analyst.
Earlier this year, RBL sought RBI’s approval to reappoint Vishwavir Ahuja as CEO for a period of three years. Nevertheless, the regulator allows lenders to extend their deadlines by one year, starting on June 30, 2021.
Despite market concerns, RBL traders are still supporting the new guard.
Complete News Source : Public news
Lifestyle
10 best activities hacks for the better lifestyle for Business Managers.
Table of Contents
Business managers, known for their dynamic and demanding roles, are now adopting innovative activity hacks to improve their lifestyle and well-being. Recognizing the importance of work-life balance and personal wellness, these leaders are implementing a range of activities to foster physical health, mental clarity, and overall satisfaction in their professional and personal lives.
Mindfulness at Work lifestyle
Business managers are incorporating mindfulness practices, such as meditation and deep breathing exercises, into their daily routines to reduce stress and increase focus in high-pressure situations.
Regular Exercise Breaks
Amid tight schedules, managers are embracing short exercise breaks, such as brisk walks or stretching exercises, to stay active throughout the day and boost their energy levels.
Nutrition and Healthy Eating
Prioritizing their well-being, managers are adopting healthier eating habits, including nutritious snacks and well-balanced meals, to sustain their energy during demanding workdays.
Time Management Workshops
Business managers are attending time management workshops to enhance their organizational skills, enabling them to efficiently juggle multiple responsibilities and achieve better work-life integration.
Skill Development Seminars
Recognizing the value of continual growth, managers are attending skill development seminars to stay updated on industry trends and enhance their leadership abilities.
Flexible Work Arrangements
Some forward-thinking companies are offering flexible work arrangements to business managers, providing the freedom to create a more harmonious work-life balance.
Social Engagement
Building a sense of camaraderie, managers are engaging in team-building activities and networking events to foster positive relationships within their professional circles.
Unplugging from Technology: In a digital era, managers are prioritizing personal time by unplugging from technology during non-working hours, allowing for genuine relaxation and recharging.
Pursuing Hobbies and Interests
Managers are rediscovering their passions outside of work, be it painting, gardening, or playing a musical instrument, to unwind and find fulfillment beyond their professional roles.
Encouraging Employee Wellness
Some managers are also promoting wellness initiatives within their teams, encouraging their employees to embrace similar activity hacks and lead healthier lives.
Group Media Publications
Entertainment News Platforms – anyflix.in
Construction Infrastructure and Mining News Platform – https://cimreviews.com/
General News Platform – https://ihtlive.com/
Podcast Platforms – https://anyfm.in
-
Music1 week ago
In a NEW investigation, the NewJeans family accuses HYBE of “exploitation and mistreatment.”
-
Hollywood1 week ago
With her studio comeback, Ariana Grande teases her fans. Is a new album or deluxe edition in the works?
-
Tollywood2 weeks ago
Announcing a new film with Ravi Kiran Kola, Vijay Deverakonda poses for a picture: Together, we’ll produce an exciting movie.
-
Bollywood2 months ago
Rasha, the daughter of Raveena Tandon, discusses how trolling affects her: “I think in processing it, feeling bad for a bit.”
-
Bollywood2 months ago
The phrase “female-led projects” annoys Bhumi Pednekar. “It disgusts me deeply.”
-
Bollywood2 months ago
Vijay Deverakonda and Mrunal Thakur’s Family Star opens with a first-day box office collection of more than ₹5 crore in India.
-
Bollywood2 months ago
Day 8 global box office earnings for the Kareena Kapoor, Tabu, and Kriti Sanon film reaches ₹90 crore
-
Bollywood2 months ago
Aditi Rao Hydari makes it clear that she is not married to Siddharth; instead, the couple displays rings.