Podcasts about Yes Bank

Apple's bold India move amid Trump's warning, India's security clearance revocation for Turkey's Celebi, and SEBI's multiple investigations, from IndusInd Bank to Yes Bank and Jane Street. Also in focus: travel platforms face heat over Turkey and Baku flights, Infosys trims bonus payouts, and India tightens cybercrime enforcement. We close with a sharp take on how Virat Kohli's Test exit disrupts cricket branding.

A strategic photo-op with the S-400s, markets reacting to battlefield tech, HAL's capex push, and a luxury real estate frenzy around Trump Towers. Tune in.

In today's episode of The Daily Brief, we cover 2 major stories shaping the Indian economy and global markets: 00:00 Intro 00:43 Yes Bank Gets a Japanese Lifeline! 08:29 Jewellery Giants Shine in Q4 19:08 Tidbits We also send out a crisp and short daily newsletter for The Daily Brief. Put your email here and we'll make you smart every day: https://thedailybrief.zerodha.com/ Note: This content is for informational purposes only. None of the stocks, brands, or products mentioned are recommendations or endorsements.

Market Roars Back: Ceasefire & Tariff Pause Spark ₹16 Trillion RallyPeace on the borders and a tariff truce overseas gave Indian markets their best day in over four years. With India-Pakistan tensions cooling and US-China easing trade friction, the Nifty soared 3.8% and Sensex jumped 3.7%, adding ₹16 trillion to investor wealth. IT, banking, and blue-chip stocks led the charge, as FIIs and DIIs poured in over ₹2,600 crore. “We're in a sweet spot,” said Marcellus' Saurabh Mukherjea, flagging optimism ahead of earnings and a potential EM bull run in 2025. Trump's Drug Price Bombshell Rattles Indian Pharma Donald Trump's executive order to slash US prescription drug prices by 59% has stirred unease among Indian pharma exporters. Branded drugmakers like Sun Pharma, with up to 17% US revenue exposure, face risks if the rule is enforced. Generic manufacturers may escape unscathed—for now. With Trump pushing for price parity with Europe, and past efforts blocked in court, Indian pharma must brace for policy volatility in its top export market. Yes Bank's SMBC Deal Signals Fresh Start Yes Bank is readying for a reset with a ₹13,482 crore lifeline from Japan's SMBC, which will pick up a 20% stake. CEO Prashant Kumar called it a triple win: reducing SBI's stake overhang, onboarding a global strategic partner, and potentially securing a credit rating upgrade. With PE options ruled out and M&A off the table, the bank is betting on stability, not survival. Approval is expected by September, as analysts cautiously back the move. Worldline Looks to Exit India in $200M Deal French fintech Worldline is quietly preparing to exit India, hiring BNP Paribas to find a buyer for its B2B payments business. The move is part of CEO Pierre Vacheron's cost-cutting and portfolio-pruning turnaround plan following steep losses and multiple profit warnings. Razorpay and PayU are seen as front-runners. If it goes through, the deal could reshape India's digital payments battlefield—and help Worldline reset focus on core markets. Hero's Pivot Moment: Munjal Returns Amid EV PressureLeadership churn at Hero MotoCorp has brought 71-year-old Pawan Munjal back into the spotlight. With CEO Niranjan Gupta exiting and Honda closing in on sales, India's two-wheeler giant is in reset mode. Interim CEO Vikram Kasbekar steps in as the company struggles with slow EV adoption and a 4.5% YTD stock drop. With just 48,674 EV scooters sold versus TVS and Bajaj's 2 lakh+, Munjal's next move will be critical. Investors await Tuesday's earnings for clues on Hero's growth, margins, and roadmap.

விலை உயரும் Defence Stocks முதலீடு செய்யலாமா, சரிவில் இந்தியப் பங்குச்சந்தை, India - Pakistan War காரணமா, Yes Bank-ஐ விற்கப் போறாங்களா, அதிகாரப்பூர்வ தகவல் என்ன, Public Sector Bank பங்குகள் விலை ஏற்றம் முதலீடு செய்யலாமா போன்ற பல விஷயங்களை இந்த வீடியோவில் பேசியிருக்கிறார் வ.நாகப்பன்.

Three signals are shaping India's markets. First, early Q4 earnings show pressure building on companies amid weak revenue growth. Second, Apple's plan to move more iPhone production to India faces a new challenge: China's clampdown on critical export equipment. And third, after the Pahalgam terror attack, markets remain surprisingly calm despite talk of military retaliation. Plus, Yes Bank's turnaround playbook, AI's growing grip on Google and Bollywood, and why IT hiring may be the only silver lining in a slow year. Tune in for the details.

Deepak and Shray discuss the unexpected quirks and consequences of investing in mutual funds and pooled vehicles in general. The discussion covers how your returns and experiences can be impacted by other investors' actions, including issues with inflows, outflows, cutoff timings, and NAV calculations. Specific cases like DHFL, Yes Bank, and Zee promoter bonds are examined to highlight how complexities in pooled vehicles can affect investment decisions. Additionally, the episode provides insights on how to navigate these challenges and the importance of understanding the nature of pooled investments. 00:00 Introduction  00:43 Understanding Mutual Funds and Pool Vehicles 02:43 Complexities of Pool Vehicles 07:43 Impact of Inflows on Fund Composition 13:18 Challenges with Outflows and Debt Funds 20:00 Timing Issues and NAV Calculations 29:04 ETFs vs Mutual Funds: Arbitrage and Market Behavior 33:01 Case Studies: Yes Bank, DHFL, and Zee Promoter Bonds 37:50 Side Pocketing and Arbitrage 49:12 Investor Strategies and Market Timing Challenges 55:43 Conclusion and Final Thoughts

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are top news from around the world ahead of the trading session of January 27 -It'll be a longer trading week as the markets will also remain open on Saturday this time on account of Modi 2.0 government's Union Budget presentation for the 2025-26 fiscal on February 1. -Now, Friday's session marked the third consecutive week of negative returns for the market, a streak not seen in the past three months. The Nifty erased gains from its previous two sessions and ended the week with a 0.48% loss, reflecting the weakening broader trend.   -Going ahead, domestic equities are expected to trade within a broad range with some volatility amidst the Q3 result season, unfolding of US President Trump's economic policies and the Union Budget on Saturday. PSU and capex themed stocks such as railway, defence, capital goods will be in focus ahead of the Budget. -Stocks like ICICI Bank, NTPC Green Energy, IDFC First Bank, Yes Bank, Macrotech Developers, DLF, and JK Cement, among others will remain in focus today as these companies declared their December quarter results after market hours on Friday. -Apart from these, shares of Religare Enterprises will also be in focus as global investor Digvijay Gaekwad had made a competing open offer against the Burman Family for 26% stake at ₹275 per share. The Burman Family open offer is at ₹235 per share. Gaekwad has written to the SEBI Chairperson to make the competing open offer. -This morning, GIFT Nifty was trading at a discount of more than 100 points Vs Nifty Futures' Friday's close, indicating a gap-down start for Indian market -Results: Tata Steel, Coal India, ACC, Adani Total Gas, Canara Bank, Bajaj Housing Finance -Asian stocks rose in early trade, with caution remaining over a global rebound after President Donald Trump's decision to impose tariffs and sanctions on Colombia for impeding his immigration goals. The dollar edged higher. Japanese benchmarks advanced, with Hong Kong futures pointing to mild gains at open. US equity futures slid, paring last week's gain that was the best start to a presidential term since 1985. Australia's stock and bond market is closed for a holiday. -In commodities, oil posted its first weekly decline of the year after Trump threatened penalties on Moscow if Russia didn't make a deal to end the war in Ukraine, and demanded OPEC+ lower the cost of crude. Bitcoin edged lower after touching a fresh record last week after Trump last week signed an order to create a working group of key agencies to advise on crypto policy and create a regulatory framework and legislative proposals. Gold advanced for a fourth straight week. Tune in to the Marketbuzz Podcast for more cues

In this Telugu podcast, we discussed aspects of personal finance, societal expectations, and the ever-evolving relationship between money and happiness. The conversation begins with a critical look at the 100-crore FD, questioning whether it was a strategic move to deal with big financial sharks or simply a stroke of luck. This leads into a broader exploration of money's role in happiness. The treatment of men who aren't financially established in their youth is dissected, with examples from movies like Jersey and insights from Garikipati Venkata Rao, who challenges these rigid societal norms. The discussion uncovers how these external pressures influence men's mental health and self-worth. From here, we dive into the practical side of personal finance. The common mistakes Indians make with savings and investments are dissected, with a close look at volatile SIP returns and the concept of “too much money.” We emphasize the importance of being financially disciplined, starting with understanding the basics, like building a credit score and the significance of CIBIL. Many people don't realize how their spending habits, like paying off credit card bills, can influence their financial future. Next, we discuss the polarizing topic of credit cards: Are they a burden or a useful tool? We explore how credit card companies generate revenue and why they push for EMI options. We also highlight the potential dangers of fast loans and rapid credit card usage, explaining how they can lead to financial instability if not managed properly. The conversation touches on the ways credit institutions extract money from consumers and why one should approach these financial tools with caution. A significant portion of the episode addresses the collapse of Yes Bank, using the crisis to highlight the importance of choosing a bank with a strong reputation. We explain the role of FD's, DICGC insurance, and the importance of maintaining stable financial practices. The episode goes on to provide insights into how banks function, how they make money, and how they impact individuals. We also delve into the concept of stable money, breaking down how inflation affects our savings and why investing in things like gold, which is a major asset in Indian households, can be both advantageous and limiting. As we move further into the podcast, we discuss why financial literacy is so crucial, especially in India, where money matters are rarely discussed openly within families. The lack of financial education can lead to poor decision-making, as evidenced by the rise in unclaimed deposits in Indian banks. The conversation here emphasizes the need for greater awareness of financial topics and the importance of teaching children about money from a young age. The podcast also touches on the dangers posed by influencers promoting gambling apps to young, impressionable audiences. With the rise of such deceptive advertising, we explore how these influencers contribute to risky financial behavior, especially among younger generations. The discussion closes with some lighthearted yet important rapid-fire questions on financial literacy, offering the best and worst advice the hosts have ever received, as well as insights into their own financial journeys. The episode ends with a compelling reminder about the value of time—how investing in skills and personal growth can yield greater returns than the fleeting satisfaction of consumerism. Throughout this insightful conversation, we dissect complex financial topics in a way that is accessible and engaging. Whether you're new to the world of finance or looking to refine your existing strategies, this episode provides valuable lessons on managing money, understanding economic forces, and making smarter financial decisions. It's a comprehensive guide to navigating the modern financial landscape and securing a stable, prosperous future.

With stellar credentials and a remarkable career trajectory, the new RBI Governor, Sanjay Malhotra, takes charge amid a two-year low GDP growth rate, persistent inflation, and growing debates on the monetary policy framework. In this episode, host Anirban Chowdhury explores Malhotra’s background and immediate challenges with insights from Deepshikha Sikarwar, National Editor (Economics) at Economics Times, Sugata Ghosh, Associate Editor at Economic Times, and Indranil Pan, Chief Economist at Yes Bank. From tackling inflation and growth to navigating the RBI’s stance on crypto and NBFCs, we unpack what lies ahead for the new central bank chief. Tune in. ET Podcasts now has a new show. 7@7 is your quick, sharp sub 5 minute daily roundup of financial news from India and the world. Tune in to Apple Podcasts, Spotify, Amazon Prime Music, Jio Saavn, Youtube or wherever you get your podcasts from! Check out other interesting episodes from the host like: Should we re-examine India’s ‘Growth Story’?, The 2024 Gold Rush, What Will Bitcoin 100k Mean For Indian investors?, Need For Speed To Fill The Skills ______, and more! You can follow Anirban Chowdhury on his social media: Twitter and Linkedin Catch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. Credits: NDTV, The Hindu Businessline, India Today, CNBC-TV18, Business Today, The Print, NDTV ProfitSee omnystudio.com/listener for privacy information.

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, October 4, 2024. My name is Nelson John. Let's get started. The festive season usually brings a buzz to India's stock markets, but this year it's been anything but cheerful. Over July and August, investors saw their wealth shrink by a whopping Rs 11 trillion due to a record exodus of foreign investors, a bounce in Chinese stocks, and brewing tensions in the Middle East – not to mention steep valuations of Indian stocks. Here's the kicker: all this drama synced up with the weekly Nifty expiry on Thursday, known for causing wild swings, so the Nifty and Sensex dropped more than 2%. This was the steepest in two months, driven by a record single-day sale of shares worth more than 15,000 crore rupees by foreign institutional investors. While domestic institutional investors did step up with purchases worth nearly 13,000 crore, it wasn't enough to prevent the dip. Catch Ram Sahgal's report chronicling the bloodbath on D-street in the show notes.  Direct-to-consumer fem-tech startups are gaining traction in India. This trend is driven by increased female employment, higher disposable incomes, and savvy social media marketing. Sowmya Ramasubramanian and Suneera Tandon write that despite capturing less than 10% of the market, these startups are already worrying major players. There are obvious challenges, such as cultural stigmas and affordability, especially in rural areas. However, the sector has seen modest investments so far.  It's placement season for engineering colleges. Last year was rough, with many companies backing out as they faced financial crunches. Devina Sengupta reports this year looks much the same, unfortunately, with recruiters staying cautious. Global economic uncertainties, including wars, inflation, and the US presidential election's potential impact on offshoring policies are to blame. Devina explains how colleges are responding to this problem, and the salaries graduates can expect in such a job market. Japan's Mitsubishi UFJ Financial Group has ended up as the sole candidate to pick up a majority stake in Yes Bank, after other potential buyers Sumitomo Mitsui Banking Corp. and Emirates NBD backed out due to India's strict caps on voting rights, Anirudh Laskar and Gopika Gopakumar report. MUFG sees big potential in India's financial sector and has begun conducting due diligence with help from JP Morgan. The road hasn't been smooth, though. Yes Bank has been looking for a new owner for more than six months, but India's rules limiting voting rights in private banks to 26% have turned many away. Despite the restrictions, MUFG is exploring ways to buy more than 26% of Yes Bank. India's goods exports have grown marginally in the first five months of the fiscal year, rising only 1.1% year-on-year. The post-covid surge in goods exports appears to have subsided. But, the real story is the boom in services exports, which shot up by about 11% during the same period. In August alone, services exports jumped to $30.7 billion, inching closer to goods exports at $34.7 billion. If this trend holds, services could outpace goods exports soon, marking a major shift that's been brewing for over two decades. Our partners at HowIndiaLives.com delve deeper into the changing landscape of Indian exports. A decade ago, services exports were just a third of India's total exports, but this July they accounted for 47%. Since 1993, services exports have grown by an average of 14% a year, outpacing the 10.7% annual growth rate of goods exports. India is now the world's 7th-largest services exporter, up from 24th in 2001.  Show notes:Bloodbath on D-street as hot money races to ChinaMenstrual hygiene products are stuck in time. These startups want to change thatIIT hiring: Will it be a rocky one for the batch of ‘25?MUFG: Last man standing in Yes Bank saleThe silver lining in India's exports basket

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Friday, September 13, 2024. My name is Nelson John. Let's get started. The Indian stock markets set new record highs yesterday. Nifty was up by 1.9 percent, while Sensex rose by 1.8 percent. But this time it wasn't just benchmark indices that were setting records — even midcaps joined the party. Dipti Sharma explains that Thursday's rally involved a lot of hopes of rate cuts – in China, Europe, and the US. Dipti also answers a crucial question for investors: will the uptrend continue or will investors look to book profits? Imagine buying a cake but not being allowed to eat it. Confused? Me too. But that's exactly what the Reserve Bank of India wants from a Japanese bank. The Sumitomo Mitsui Bank wants to buy 51 percent of Yes Bank. Fair enough — RBI has been looking for a majority buyer since it intervened to prevent a collapse. But the banking authority wants to cap Sumitomo's voting rights at just 26 percent. The RBI doesn't want the Japanese bank to have the power to veto any big policy decisions, yet is fine with it bankrolling the entire operation. Anirudh Laskar and Gopika Gopakumar bring you the inside details of this rather confusing development. Lately, several venture-capital insiders have been leaving their jobs at big firms to start their own funds. However, they're hitting a wall when it comes to drumming up investor interest. It turns out investors are currently more captivated by the juicier returns of the public markets. For example, while some public stocks are offering returns of around 25%, private ventures are lagging behind at about 15%, making them a harder sell as they are also riskier and less liquid. Mansi Verma and Priyamvada report on these new VC firms that are finding it hard to raise funds, especially as limited partners prefer to stick with established managers they trust.  Sashind Ningthoukhongjam's sister has been pestering him with questions about the best mutual funds to invest in. To help her, and you, Sashind took a deep dive into thematic and sectoral funds, which have been growing by leaps and bounds of late, owing to stellar returns. But here's the catch. Every year, a different new sector does well. By the time most investors catch on to the trend, the returns start petering out and a new sector takes the top spot. This can lead to excessive churn and more tax. If you've been thinking about investing in thematic or sector funds, you can't afford to miss this story. The Central Consumer Protection Authority is finalising new guidelines to prevent misleading practices by IAS coaching institutes. Under these guidelines, coaching centres will no longer be able to require UPSC aspirants to sign agreements upon enrollment, allowing the use of their personal details for advertising. Soon, those who pass the exam will be able to choose whether or not to sign such agreements. The new rules clarify that any promotional content featuring former students must be based on explicit consent, helping potential candidates better assess the advertised claims. This policy change is a big win for transparency and protects young aspirants who may not grasp the full implications of signing such agreements when they join an institute, writes Dhirendra Kumar.  

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Monday, August 13, 2024. My name is Nelson John. Let's get started:Indian benchmark equity indices Sensex and Nifty 50 ended Monday's session flat amid mixed global cues.    Retail investors like us, once mere spectators in the stock market, are now major players. Just last July, a staggering 4.5 million new demat accounts popped up, a big jump from the 3.5 million monthly average of the past year. To put it in perspective, back in 2019, we only saw about 400 thousand new accounts monthly. Now, 43% of companies listed on the NSE have over 50,000 retail shareholders, a significant increase from just 441 companies in March 2020. Even more impressive, 54 firms now have over a million retail shareholders—almost five times more than four years ago. So where is this inflow from retail investors headed? Are they betting big on blue-chip giants, or taking risks on smaller companies? Niti Kiran from Mint's data team takes a look.  Sumitomo Mitsui Banking Corporation's top boss, Akihiro Fukutome, is flying to India this week, eyeing a big slice of Yes Bank. Three people aware of the development told Mint's banking editor Gopika Gopakumar, that Fukutome is thinking about snapping up a whopping 51% stake, pegging the deal at 5 billion dollars. Fukutome's trip includes meetings with top officials from the Reserve Bank of India and the State Bank of India, which currently holds a 23.99 per cent stake in Yes Bank. The discussions are critical, as SMBC has started the due diligence process, leveraging the financial expertise of JPMorgan and legal guidance from J Sagar Associates. But why Yes Bank? Well, SMBC sees a lot of promise in the private lender and is keen to make a major play in India's banking scene. Airfares for the upcoming Independence Day weekend have surged by as much as 50% due to a combination of holiday timing and slow fleet expansion. Independence Day and the Parsi New Year on August 15, followed by Rakshabandhan on Monday, have created a perfect storm for a long, five-day weekend, encouraging many to take extended breaks. This has led to a spike in bookings, particularly for popular destinations like Bengaluru, Delhi, Srinagar, and Leh. Mint's Anu Sharma reports that the rise in airfares is partly due to the slow pace at which new aircraft are being added to India's fleets, even as the demand for travel significantly outpaces supply. Industry insiders point to a shortage of spare parts and delayed aircraft deliveries as key factors keeping capacity from meeting the surging demand.The Hindi film industry, which traditionally relied heavily on the star power of individual male leads, is shifting gears. As solo star vehicles falter at the box office, producers are increasingly turning to ensemble casts, betting on the combined drawing power of multiple big names to lure larger audiences and ensure robust ticket sales. Take, for instance, Ranveer Singh's upcoming untitled movie that stars not just him but also Sanjay Dutt, Akshaye Khanna, and R. Madhavan. Similarly, the latest installment of the Housefull series boasts a lineup that includes Akshay Kumar, Riteish Deshmukh, and Abhishek Bachchan. At the same time, Kumar's other project, Welcome 3, packs an even more star-studded cast. Mint's media correspondent Lata Jha spoke to trade experts who suggest that films with ensemble casts draw from the fan bases of each star, potentially ensuring grand openings.For more than a year, the Indian equity market has witnessed an unusual divergence—Bank Nifty has consistently underperformed compared to the benchmark Nifty. Typically, these two indices move closely together, so this gap suggests something is off balance. The prime suspect for this underperformance? HDFC Bank, which holds significant weight in the Bank Nifty. But it's not just about one bank; the entire banking sector in India is facing several challenges, as evident from recent financial results. Mint's Abhishek Mukherjee takes a deep dive into the banking sector's struggles with systemic challenges, evident in its first quarter results.  We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance. Show notes:Analysis: Retail investors remain undaunted, but what are they betting on?This Japanese lender's chief is visiting India to discuss buying Yes Bank stakeTravelling by air this weekend? Prepare to shell out moreEnsemble cast back in vogue as filmmakers spread bets across starsWar for deposits: Banks' biggest headache now coming for investors?

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, July 9, 2024. My name is Nelson John. Let's get started: Sensex and Nifty remained largely flat on Monday. Both fell by less than 0.05 percent during trading hours yesterday. Yes Bank has had a phenomenal turnaround. After collapsing in 2020, a new set of people resurrected the struggling lender to a respectable position. Now that Yes Bank is in decent shape, it's attracting interest from outside. But any potential buyer wants at least a controlling 51 percent stake in Yes Bank. Anirudh Laskar reports that the Reserve Bank of India has given a go-ahead for Yes Bank to find a buyer with a controlling stake. Such approvals are quite rare, as RBI usually has an upper limit of 26 percent for any promoter. Anirudh also reports that the sale will be made at a valuation of 10 billion dollars for Yes Bank. As the income tax filing deadline approaches, many people will hand over their IDs, passwords, and OTPs to their chartered accountants to file returns on their behalf. No matter how much you trust your CA, that isn't a wise decision. Shipra Singh tells you a couple of alternatives for your CA to file your returns — without having access to your personal information. However, Shipra writes that Indian taxpayers aren't very apprehensive about this. Only one in ten clients express any hesitation about sharing their personal information, one executive from an accounting firm told Shipra. That isn't the best habit, but it seems that Indians don't care about sharing information as long as their work gets done. If you're not one of them, this article is for you. There are some media reports that the upcoming Union Budget will feature some income tax cuts. Theoretically, this move will stimulate the economy as people will have more money in hand to spend. But as Nandita Venkatesan outlines, this doesn't really work out. 92 million people in India pay taxes; a third of them reported a gross annual income of less than 5 lakh rupees. Another 24 million people earn less than 10 lakh rupees. So the most dominant tax-paying base already pays zero to minimal taxes. Nandita also spoke to economists to show why this presumption may not be correct after all, and has presented her story with some charts to drive the point home. If mobile phone companies had their way, we'd all be using foldable phones today. They occupy half the space, turn into much larger screens when opened, and have a good battery life. Foldables came back into the mainstream five years ago, and the Indian market has plenty of options. Despite that, foldables still aren't used widely. Shouvik Das writes that sky high prices and lack of innovative use cases are hampering the sales of foldable phones in India. App support is also poor; the split screen setup doesn't accommodate all the apps that you and I may use. Essentially, what foldable phones boast about doing — normal smartphones do much better. In 2009, Bajaj Auto took a landmark decision: to stop making scooters altogether. Rajiv Bajaj, the company's CEO, said that his company would focus solely on motorcycles. As scooter sales have outshone bike sales, that decision seems to have been a poor one for the makers of the iconic Chetak. Last week, Bajaj Auto took yet another decision that would have a wide-ranging impact on India's two-wheeler segment: it launched a CNG-powered bike, the first of its kind anywhere in the world. Bajaj is the number 2 in the 125 cc bike segment — with this CNG bike named the Freedom, it hopes to trounce Hero Motocorp to the first place. Sumant Banerji writes that Bajaj Auto has always prioritised margins over volumes. Will the 95,000 rupee Freedom too follow that model? We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance.  Show notes: In a rare move, RBI okays 51% stake sale proposal for Yes BankAre you sharing too much? The risks of giving your ITR credentials to CAs Income tax cuts in Budget: A half-hearted recipe to fix India's consumption woesFoldable phones: Why haven't they taken off? Riding on CNG, can Bajaj Auto raid Hero MotoCorp's fortress? 

‘CBI wants to defame us': What Kejriwal told Delhi court after being arrested, ‘Empty threats won't work': Asaduddin Owaisi on backlash against ‘Jai Palestine' slogan in Lok Sabha, Heavy rain alert during weekend as monsoon likely to pick up over north India, YES Bank Lays off 500 Employees Amid Cost-Cutting Efforts, WikiLeaks founder Julian Assange returns to Australia after US legal battle ends

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are to track ahead of the trading session of June 26 -The Indian market continued to hit new highs with large buying from foreign investors on June 25. If you compare Monday's low to Tuesday's high for the Nifty, the index surged exactly 400 points to make new highs. 23,751 now becomes the new record high for the Nifty 50. The index is now up by well over 1,200 points for the June F&O series, with two more trading sessions to go. -Financials provided leadership to the market yesterday. Four out of the top five gainers on the Nifty 50 index were private financials, including Shriram Finance, the newest entrant on the index. The Nifty gained 183 points on Tuesday. Three-quarters or 75% or 138 of those points, came from three banking heavyweights - HDFC Bank, Axis Bank and ICICI Bank. -The question to be asked now is, can the Nifty sustain a single-sector-led rally? barring the banks, the rest of the market relatively sulked through the day. -However, experts say the market is now showing signs of an upside breakout in the near-term. -The GIFT Nifty was trading with a discount of nearly 30 points from Nifty Futures' Tuesday close this morning, indicating a start in the red for the Indian market. -Stocks to watch: CE Info Systems, Sanghi Industries, Mazagon Dock Shipbuilders, Yes Bank, Vishnu Prakash R Punglia, Mahindra & Mahindra Finance, NTPC -Stocks in Asia treaded water this morning as Federal Reserve officials said they wanted more evidence of cooling inflation before lowering interest rates. Hong Kong and mainland China equity gauges fell at the open. Stocks declined in Australia, while those in Taiwan, Japan and South Korea rose. A gauge of Asian stocks was little changed. -Overnight in the U.S., the Dow Jones Industrial Average declined, shedding 0.76% and closing at 39,112.16. Led by an Nvidia rebound, the broad market S&P 500 added 0.39% while the Nasdaq Composite advanced 1.26%, with both indexes ending three-day losing streaks. Tune in to the Marketbuzz Podcast for more cues

Episode 128 with Ibrahim Toyeeb Ibitade, co-founder and CEO of Leatherback, on his remarkable journey as a fintech founder and entrepreneur and the driving force behind his mission to transform global financial access for individuals and businesses. Driven by the need to enable global financial access, payments, commerce, and lifestyle opportunities through more equitable financial solutions, Ibrahim started Leatherback in 2019 with an ambition to democratise banking by providing a single access point that empowers individuals and businesses to think and act globally. Leatherback is a global banking service provider for individuals and businesses, with innovative technology solutions that unlock equal opportunity for borderless global trade and commerce. Users can access more than 15 currencies from 21 countries, including NGN, GBP, INR, EUR, USD, and many other currencies. What We Discuss With IbrahimHow does Leatherback's technology contribute to democratising banking for borderless global trade and commerce?What was the process of meeting the regulatory requirements so you could offer a multi-currency wallet in 13+ currencies without a local presence? What are some of the unique opportunities you've encountered while expanding to new markets in and outside of Africa?What does Leatherback's recent expansion into India through a collaboration with YES BANK mean for users in the India-Africa corridor?Is the India-Africa or Asia-Africa corridor an opportunity that is often overlooked when looking at financial transactions to and from Africa?Did you miss my previous episode where I discuss Building a Long-Term Payment Infrastructure in Africa That Removes Currency Friction and Accelerates Economic Growth? Make sure to check it out!Like this show? Please leave us a review here -- even one sentence helps!Connect with Terser on LinkedIn at Terser Adamu, and Twitter (X) @TerserAdamuConnect with Ibrahim  on LinkedIn at Ibrahim Ibitade, and Twitter (X) @ToyeebIbrahimDo you want to do business in Africa? Explore the vast business opportunities in African markets and increase your success with ETK Group. Connect with us at www.etkgroup.co.uk or reach out via email at info@etkgroup.co.uk

Welcome back to CNBC-TV18's Marketbuzz Podcast, here are all the important updates ahead of the trading session of June 21 -GIFT Nifty was trading with a premium of seven points this morning from Nifty Futures' Thursday close, indicating a muted start for the Indian market. -Global cues continue to remain stable. Asian stocks crept higher this morning after US shares hit an intraday record overnight. The yen was in focus following a six-day slump which ratcheted up the risk of intervention. Equity benchmarks ticked higher in Japan and Australia, while Korean shares fell. A 1% drop in the Golden Dragon index of US-listed Chinese companies weighed on sentiment. -Overnight, the S&P 500 briefly topped 5,500 before losing traction, while the high-flying tech group powering the bull run came under pressure. The Nasdaq 100 slipped after a seven-day advance with Nvidia Corp. and Apple Inc. leading losses in megacaps. -Back home, Nifty 50 seems to be consolidating around record highs though it lacks directional cues. This trend may continue till the end of the month, post which companies start reporting their business updates for the quarter followed by their quarterly results. -For today, the market only has global cues to react to and there are plenty of them. The initial jobless claims in the US, the Bank of England interest rate decision, the US crude oil inventory data and of course, how Wall Street behaved overnight. -IT stocks will be in focus post Accenture's earnings. Accenture says discretionary spending is constrained, particularly in smaller projects. Brokerage firm Morgan Stanley is of the view that Accenture results and commentary pointed to a few positive data points such as strategy and consulting returning to growth and a pickup in smaller deals. -Stocks to watch: IT stocks, YES Bank, Aster DM, Amara Raja, Union Bank of India, ONGC, GIC Housing, Jindal Stainless Tune in to the Marketbuzz Podcast for more cues

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, June 20, 2024. My name is Nelson John. Let's get started:Equity markets were more or less flat on Wednesday. Nifty was down 0.18 percent, while Sensex edged up 0.05 percent.Markets have rebounded after a huge crash when the general election results were announced at the start of the month. Small- and mid-cap stocks are leading the charge, taking valuations to fresh highs. Dipti Sharma writes that benchmark indices such as Nifty Smallcap 250 and Nifty Midcap 100 have each surged by almost 20 percent. However, this immediate rebound has raised questions about the sustainability of the current bull run. Market experts told Dipti that volatility is always possible in small- and mid-cap stocks. Moreover, their sky high valuations also raise concerns about the potential upside moving forward. As always, investor caution is advised.A few years ago, Yes Bank was in a constant crisis. Then, the Reserve Bank of India stepped in. Changes were made and Yes Bank had new stakeholders to steer the ship out of troubled waters. State Bank of India picked up a 49 percent stake in the bank, while a host of private lenders invested some 10,000 crore rupees. These investments were locked in for at least three years to ensure that depositors continue to be serviced. Today, the bank is in a far better position, writes Gopika Gopakumar. Credit for the turnaround goes to Prashant Kumar, the MD and CEO of Yes Bank and an SBI veteran. While Kumar has done well so far, his real challenge begins now, as the investors' three-year lock-in has expired. Some will no doubt come knocking to get their money back. How will Kumar deal with this challenge? Gopika tries to answer this and other questions.India witnessed another train accident this week, which killed 10 people. Plans to modernise and improve the country's railway infrastructure have been underway for a while. The government has been rolling out a system called "Kavach", which means shield in Hindi. The system automatically hits the brakes on a train if it sees another one approaching. However, only 1,500 km out of 68,000 kilometres of train tracks have been fitted with Kavach. That's less than 5 percent Such anti-collision systems have been in place in Europe since the 1960s. Shelly Singh notes that we need to increase the coverage of Kavach to prevent or at the very least reduce train accidents.Generally, air travel is safer than rail. One reason is that airports are more modern and adopt safety technologies much faster. Anu Sharma writes that Indian airports are now using artificial intelligence tools to improve their services. AI will mostly help with customer service. However, Anu writes that Delhi international airport, the busiest airport in India, is using AI to plan travel, and manage traffic at crucial places such as immigration counters. For example, waiting times for travellers with electronic visas could be expedited using AI.The scorching summer and delayed monsoon have caused spot prices of electricity to surge. Rituraj Baruah reports that a unit of electricity now costs 6.78 rupees on the India Energy Exchange. It was 5.51 rupees just a month ago. As state power distribution companies have long-term power purchase agreements, they won't be bothered by the sudden price increase. However, those who need to buy power from these markets for immediate consumption will suffer. The past two months saw a 14 percent increase in electricity consumption compared to last year.We'd love to hear your feedback on this podcast. Let us know by writing to us at feedback@livemint.com. You may send us feedback, tips or anything that you feel we should be covering from your vantage point in the world of business and finance. Show notes:After a brief break in March, the broader stock market is buzzing againYes Bank's turnaround: Why Prashant Kumar still has miles to goCan tech steer train safety into the future?Indian airlines, airports adopting AI tools to improve servicesExchange prices of power increase, hit ceiling price in peak hours

Welcome Nadine B. Hack my guest.. she's a wonderful kind and compassionate lady. Her many Awards include: named Top Thought Leader in Trust so often earned Lifetime Achievement honor; Responsible CEO Shortlist with CEOs of Patagonia, Danone, Accenture, Yes Bank, Globe Telecom; Top 100 Corporate Social Responsibility Leaders; Top Global Sustainability Influencers; Enterprising Woman of Year; International Outstanding Achievement; Inspiration award presented at Säid Business School Oxford. https://becasue.net --- Send in a voice message: https://podcasters.spotify.com/pod/show/impactfullegacy/message

Marketbuzz Podcast: The GIFT Nifty is indicating a gap-up start for the Indian markets. Watch out for stocks like Bajaj Finance, Yes Bank and Coforge.

The RBI has barred Kotak Mahindra Bank from signing up new customers through online and mobile banking channels and issuing fresh credit cards. The move–a bankers' biggest nightmare–has resulted in Kotak Mahindra Bank losing a billion dollars in market value, and third place in market cap to its nearest rival Axis Bank on the bourses. The Morning Brief's latest episode sheds light on the reasons behind RBI's unilateral action, what it means for Kotak and what's wrong with the banking sector's adoption of tech that attracts the ire of RBI over and over again. Host  Anirban Chowdhury talks to ET's senior editor Sangita Mehta and Umesh Jain, Digital and Technology consultant, 9dots consulting partners. Former CIO & CTO Yes Bank, NSE. Credits: NDTVCheck out the other interesting episodes like Elections & Extremism: Ground report on the Push for polling in the Naxal-infested Bastar, Caste Census: Data for Development or a Political Ploy?, State Elections 2023: The Political Playbook You Need to Know, The Young Chanakyas of Elections 2024, and more!You can follow Anirban Chowdhury on his social media: Twitter and LinkedinCatch the latest episode of ‘The Morning Brief' on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn,  Amazon Music and Google Podcasts. See omnystudio.com/listener for privacy information.

In this episode, we speak to the Millionaire Ashish Dhawan, who is the CEO of Convergence. He is an institutional builder at its core, the best India has ever seen. He has built Chrys Capital, India's largest PE Firm (backed companies like Infosys, Axis Bank, YES Bank). He then exited the PE world at the age of 43 to pursue philanthropy and started the Central Square Foundation (CSF) - transforming the world of Indian philanthropy. He has now started the Convergence where he is the CEO - building the 2nd phase of his philanthropy career. He has also started Ashoka University along with 160 phenomenal trustees, being at the centre of raising 2000Cr for premier education in the country. He is also the only Indian on the Gates Foundation' Board. Through this episode we discuss how Indian philanthropy will rise and how youngsters can participate, while understanding how to build long-term successful institutions. 0:00 - Teaser 01:35 - Introduction 02:00 - Building Institutions 04:56 - Phenomenal Career Decisions 11:48 - From Capitalism to Philanthropy 17:35 - Unlearning & Growth 19:28 - Transitioning to Philanthropy 24:05 - Building Ashoka University 29:37 - Evolution of Philanthropy 32:49 - Global Philanthropy Perspective 36:22 - Driving Forces 37:28 - Aspirations 38:47 - Advice to Younger Self by Ashish 41:45 - Conclusion

In this 10 years of NDA episode, Ajay Rajan, Country head - government, multinational and international businesses, transaction banking and knowledge units, Yes Bank, joins in to explains how technology adoption has simpler life for banks and bankers. From back end operations to payments including UPI Rajan talks about the sea of changes in the ecosystem especially in the last half a decade. 

Welcome to CNBC-TV18's Marketbuzz Podcast. Here are all the important cues ahead of today's market session  -The domestic markets sold off across large and smallcaps yesterday. Sensex slipped more than 700 points while Nifty fell below the 22,000 level in the previous session. This was following a sell-off in index majors TCS, Infosys and Reliance and weak Asian trends as Japan's central bank hiked rates for the first time in 17 years.  -All eyes are now on US' Federal Reserve as it is due to announce its interest rate decision later tonight. The two-day policy meeting kicked off yesterday.  -Ahead of the FOMC meet tonight, US equities were higher. The Dow Jones Industrial Average gained 0.83%, marking its best day since Feb. 22, while the S&P 500 climbed half a percent for a fresh record. The Nasdaq Composite advanced 0.39%. -This morning, Asia-Pacific markets rose as investors digested the Bank of Japan's landmark shift in monetary policy while awaiting the U.S. Federal Reserve's interest rate decision. -Hong Kong's Hang Seng index slipped 0.51%, while the mainland Chinese CSI 300 was down 0.72% after the PBOC decision. In Australia, the S&P/ASX 200 rose 0.26%, a day after the country's central bank held rates at 4.35% for the third meeting in a row.  - Oil is up another 0.6% to above $87 per barrel.  -In the previous session, Nifty finally closed below the 40-day EMA. It must be noted Nifty made a low but none of the other indices (banks, mid/smallcap) made a lower low. Now for a bounce, Nifty needs to climb above 21,950 (20-hour average). Bank Nifty has fallen for 8 straight days, but did not make a lower low yesterday. Bank Nifty could retrace some of the fall today.  - Stocks to track: Aditya Birla Sun Life AMC, Vodafone Idea, Aurobindo Pharma, TCS, Persistent Systems, YES Bank, UltraTech Cement, SBI Cards  Tune in to the Marketbuzz Podcast for more cues

GIFT Nifty is trading with a premium of more than 80 points from Nifty Futures' Thursday close, indicating a gap-up start for the Indian stock market. Keep an eye out for stocks like Vedanta, Yes Bank, Axis Bank and Max Life Insurance Company.

In this episode of Market Minutes, Harshita talks about the key factors to watch out for today before domestic equity market open.The Sensex and Nifty are expected to see weakness in near-term and analysts advise stock-specific approach. Yes Bank, Shyam Metalics, Sun Pharma and LIC among the stocks in in focus on January 3. Supreme Court to pronounce judgment on a batch of petitions seeking investigation into Hindenburg allegations on Adani Group. Globally, US stocks tumbled overnights, while Asia-Pacific markets tracked Wall Street losses to trade lower today. Catch the global market set up, and also hear from Jigar Trivedi from Reliance Securities in the Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.

Part-3 of "Embracing Equity".  We wouldn't have imagined it without our awesome Garima Dutt, President CSR, YES BANK and CEO, YES Foundation. A purpose-driven thought-leader, she has been an integral part of D&I journeys in all the corporates she has been with, weaving sustainability & diversity in Boardroom discussions! We here at The First Times had a great experience listening to the tactical solutions  for putting rigours across Equity. Support the show

About the spokesperson: https://www.linkedin.com/in/anandkumarbajajpaynearby/ Anand Kumar Bajaj is the founder of PayNearby, India's leading branchless banking and digital payments network. PayNearby aims to digitize and universalize services available in urban areas to reach rural areas in India. Anand Kumar Bajaj has a background in banking and worked at ICICI and Yes Bank before starting PayNearby. PayNearby operates through a digital network of physical shops and women entrepreneurs, serving as banking correspondent agents. PayNearby has been recognized as a DPIIT-certified (Department for Promotion of Industry and Internal Trade) company under the Startup India program. PayNearby has a large-scale operation, reaching nearly 50 lakh (5 million) micropreneurs across 20,000 PIN codes in India. The future plan for PayNearby is to continue expanding its network of connected entrepreneurs, known as "Digital Pradhan," who act as the last distribution point for services. PayNearby's goal is to bridge the digital divide by providing access to digital services and financial inclusion to underserved areas in India. The company has received investment from Roha Group and collaborates with partner banks, NBFCs, and other organizations to offer a range of services including banking, digital payments, insurance, travel distribution, and more. PayNearby's mission is to bring high-end technology and digital solutions to the bottom of the pyramid, empowering people in rural areas and enabling them to participate in the digital economy. #PayNearby #DigitalPayments #FinancialInclusion #BranchlessBanking #DigitalPradhan #StartupIndia #DPIIT #RuralEmpowerment #DigitalDivide #Expansion #Microentrepreneurs

In this episode of the Sustainable Minds podcast, Mahesh Krishnamurti, Founding Advisor of BuzzOnEarth, joins Gary Baker and Roxanne "Rocket" White to explore ESG metrics across economies and cultures, corporate branding and welfare economics, and sustainability through collective action. Mahesh Krishnamurti is an ESG Advisor, investor, and transformation leader with expertise in business development, strategic planning, decision support analysis, M&A, finance, risk management, and governance and leadership. Besides his role at BuzzOnEarth, Mahesh is a part-time Senior Advisor of ESG and International Operations at Vaco and the LP & Advisor of Arka Venture Labs. Previously, Mahesh was the Independent Director of Yes Bank and also served in different roles at RGP.

Pune Offline Session on 13th May 2023 Seat Booking Link:https://yadnya.mojo.page/pune-masterclass00:00 Introduction00:58 Russia forecasts stable oil output to 2025, to set up stockpiles02:06 G7 coalition to keep Russian oil price cap at $60 per barrel: Source03:14 US, allies weigh how to limit economic ties with China06:02 WPI inflation eases to 29-month low of 1.34% in March07:14 India's share in global computer services exports jumps to 11% in FY23 @ $320 billion08:08 India to boast coal power production; 14.56 GW of coal-fueled power may come on stream this year09:45 Not Big 3 firms, but Yes Bank becomes first to record over 50 Lakh shareholders in India10:51 Diesel Sales jump on agricultural demand11:17 Cement demand seen rising 8-9% in FY24 over 9% growth in FY2311:47 Passenger vehicle exports from India rise 15% in FY2312:38 Invesco exits ZEE Limited13:10 ABSL MF, Plutus Wealth pick stake in Poonawalla Fincorp via block deal13:41 Adani repays $3 billion in pledges, bonds13:55 HDFC Bank stares at margin, cost concern. after decent Q4 show14:16 Infosys woes spark selloff in stocks of tech firms

Yes Bank Share Price Slammed As India #Banks Find Trouble. Is The Indian #banking sector starting to find some real trouble. Also as the nifty bank index takes another hit. Point is, so many people are questioning yes bank share right now and this may turn into something big in the India Bank.

Global Policy Watch: Bailout Pe Bailout Pe BailoutInsights on global policy issues relevant to India— RSJWhere do I start this week? Maybe with a spot of self-promotion. Pranay and I were guests on the popular Hindi podcast Puliyaabazi. I have been a long-time fan, so it was nice to be a guest there. Pranay usually co-hosts this with Saurabh and Khyati, but this time, he was on the other side. I felt a bit like Uday Chopra, who is only in the film because he is the producer's brother. Anyway, I think a good time was had by all as we covered a wide variety of topics - Enlightenment and why it didn't happen in India (short answer: there wasn't any need, really), why we write this newsletter (majboori) and the usual quota of Bastiat, Smith and Rorty (showing off). Do listen if you have time (of course, you do).Moving on. Here is a quick run-through of what's gone on since my last post. Another US regional bank, Signature Bank, stared into the abyss with depositors making a run to withdraw their money as analysts looked around for large unrealised losses sitting on banks' balance sheets. Fed officials spent their weekend hawking the other failed bank, Silicon Valley Bank (SVB), to potential buyers. But who in their right mind will buy out a troubled bank in these times? More so after all the trouble that the likes of JP Morgan Chase had buying out such banks during the financial crisis of 2009. Running out of options, the Fed, the Treasury and the Federal Deposit Insurance Corporation (FDIC) announced an unprecedented bailout of all depositors of SVB and any other bank that will be in a similar hole in future. Simply put, FDIC will guarantee all deposits and not just those below $250,000 for which there's insurance. To be sure, the equity shareholders and those holding unsecured corporate bonds won't be bailed out. They will lose their shirts. So, this isn't a repeat of the 2009 bailouts. The Fed then went a step further to address the root cause of the problem. Banks are sitting on huge held-to-maturity (HTM) losses on the securities they hold because the interest rates have moved too far up too quickly. And they have a liquidity issue if there are continued withdrawals from the depositors. If they sell their securities today to meet their commitments to give depositors their money when they ask for it, they will have to sell them at a loss. This substantial loss will mean they will need to raise capital from shareholders to keep themselves solvent as per Fed requirements. But who will give them money in this market? Uninsured depositors who play out this game-theory scenario in their minds will therefore withdraw more of their money. Ideally, if they play the scenario right as a collective, they shouldn't. But as individuals, they will make a run on the bank. Soon, the bank will be in a death spiral, and this is what happened at SVB and Signature Banks. The last-minute solution devised by Fed was the creation of what's termed the Bank Term Funding Program (BTFP). Here's how Fed sees BTFP:“The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution's need to quickly sell those securities in times of stress.With approval of the Treasury Secretary, the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP. The Federal Reserve does not anticipate that it will be necessary to draw on these backstop funds.”If you didn't have any background to this situation and just read the above note from the Fed, you'd be forgiven if you thought here was a central bank of a developing world economy figuring out a short-term jugaad to solve a crisis at hand. But the Fed didn't just stop here. After all, like the Queen in Through The Looking Glass, it can believe in six impossible things before breakfast. Leaving their struggles to find a buyer for Signature Bank behind, they put together a unique Barjatya style “hum saath saath hain” deal and nudged a number of banks to do their bit to shore up confidence in the banking system: (as CNBC reports)“A group of financial institutions has agreed to deposit $30 billion in First Republic in what's meant to be a sign of confidence in the banking system, the banks announced Thursday afternoon.Bank of America, Wells Fargo, Citigroup and JPMorgan Chase will contribute about $5 billion apiece, while Goldman Sachs and Morgan Stanley will deposit around $2.5 billion, the banks said in a news release. Truist, PNC, U.S. Bancorp, State Street and Bank of New York Mellon will deposit about $1 billion each.“This action by America's largest banks reflects their confidence in First Republic and in banks of all sizes, and it demonstrates their overall commitment to helping banks serve their customers and communities,” the group said in a statement.“This show of support by a group of large banks is most welcome, and demonstrates the resilience of the banking system,” The Federal Reserve, Treasury Department, Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency said in a joint statement.”Remind me now, sometime in the past, I have accused Indian policymakers of what's called isomorphic mimicry. It is a concept developed by Lant Pritchett et al to explain the tendency of governments to mimic other governments' successes, replicating processes, systems, and even products of the “best practice” examples without actually developing the functionality of the institutions they are imitating. Policymaking in developing countries often falls prey to this. A good example of this is imitating the green energy policies implemented in Sweden (a $60,000 per capita economy) in India (a $2000 per capita economy) which has neither the state capacity to implement nor the public readiness to accept such policies. Why am I bringing up isomorphic mimicry here? Well, because I never imagined a day shall dawn when the US policymakers take a leaf out of what India did when faced with a crisis. What the Fed did to save Signature Bank is isomorphic mimicry flowing the other way. To refresh your memory, here's a Business Standard report (Mar 13, 2020) on what the Finance Ministry and RBI did to save Yes Bank in 2020:“Hours after the Cabinet approved reconstruction scheme for YES Bank, private lenders ICICI Bank, HDFC, Kotak Mahindra Bank and Axis Bank came to the cash-strapped bank's rescue. While the SBI had earlier announced its decision to purchase 49 per cent shares, both ICICI Bank and HDFC are set to invest Rs 1000 crore each with Axis Bank pouring Rs 600 crore to pick up 60 crore shares of the troubled lender and Kotak Mahindra infusing an equity capital of Rs 500 crore under the RBI's bailout plan.The developments took place soon after Finance Minister Nirmala Sitharaman said that other investors were also being invited.”I guess one way to look at this is if you let fiscal dominance become the central canon of how you manage your economic policy, you will eventually reach the same place as other economies (mostly developing) that have indulged in the same for years. The monetary authorities in the U.S. have been accommodating the fiscal profligacy of the treasury for years. This was accentuated during the pandemic. Trillions of dollars were pumped in to save the economy. I'm not sure how much the economy needed saving then. But that bill has come now. First in the shape of inflation, followed by rapid, unprecedented rate hikes and the inevitable accidents that are showing up now. Almost certainly, a recession will follow. Isomorphic mimicry of Latin American monetary policy indeed. Anyway, that was not the only bailout of the week. We also had Credit Suisse almost going under in a bad case of deja vu to those who have seen 2009. Here's CNBC on this:“Credit Suisse announced it will be borrowing up to 50 billion Swiss francs ($53.68 billion) from the Swiss National Bank under a covered loan facility and a short-term liquidity facility.The decision comes shortly after shares of the lender fell sharply Wednesday, hitting an all-time low for a second consecutive day after its top investor Saudi National Bank was quoted as saying it won't be able to provide further assistance. The latest steps will “support Credit Suisse's core businesses and clients as Credit Suisse takes the necessary steps to create a simpler and more focused bank built around client needs,” the company said in an announcement.In addition, the bank is making a cash tender offer in relation to ten U.S. dollar denominated senior debt securities for an aggregate consideration of up to $2.5 billion – as well as a separate offer to four Euro denominated senior debt securities for up to an aggregate 500 million euros, the company said.”What's that word that starts with C and was used a lot during the pandemic? Well, that C word is knocking at the doors of global finance right now. It is not a contagion yet. But the odds of it happening have significantly gone up in the past week.I will close this by covering the two discussion themes emerging from these events. First, what happens to the hawkish stance the Fed had taken a couple of weeks back on more rapid rate hikes in the light of inflation being sticky and inflation expectations being anchored? This, as I have written earlier, is of real interest to India and its policymaking stance. The Fed is in an absolute bind now before its meeting on Wednesday to take a call on rates. A rate hike in the current environment will make the weak banks look even more vulnerable despite the deposit backstop and the additional liquidity available from BTFP. And who knows what other accidents are lurking that will show up as the rates go higher? Does the Fed want to risk financial instability? On the other hand, inflation is real, and it is an election year. Runaway inflation will mean the eventual taming of it, and the recession that will follow will be hard and long. Who wants to preside over that? I see almost zero chance of a rate hike in this cycle. The Fed might wait till May to resume raising rates after it has weathered this risk of banking contagion and waiting for the April inflation data. But even then, the core problem remains. Further rate hikes will expose weak players, and that will mean we will have accidents. So long as they are small and contained, it is worth the risk of raising rates. But who can predict the nature of the accidents?Second, there's some kind of war that's broken out on social media on who is responsible for the collapse of SVB and Signature. There are those who believe it is the Fed whose actions over the past three years are solely responsible for the situation we are in now. The crux of the argument is that the Fed forecasts the interest rate and then it sets the rate. Banks take bets on long-term securities based on these forecasts. This is called duration risk. If the Fed then sets the rate that's so far removed from their own forecasts, what do poor treasury folks in Banks do? Plus, it is the Fed that has been making the rules since the GFC to direct a whole lot of bank liquidity into the purchase of long-term government bonds. The whole system is rigged by the Fed, and when things go wrong, it cannot pontificate on the risk management practices of banks. The counter to this is that the Fed only puts out an interest forecast based on the data (esp on inflation) that's available. When the incoming data changes, its forecast changes. This deviation is in a narrow band in usual times. In unusual times like what we've been through in the past two years, you may have a bigger variance. Banks have multiple ways to hedge duration risks. Instead of looking at the Fed to apportion blame, one should look at how conveniently the depositors of SVB - the VCs, startups and other cool people - jumped ship at the first sign of trouble when they know such a collective deposit withdrawal will make the situation worse. It is incredibly stupid of this deposit base that prides itself on its ability to see further, take long-term bets and dimension risks better than others, that it could not have the patience to stand by a bank that has served them well. The problem of SVB bank, according to this lot, is they were over-reliant on a lopsided deposit base, and that deposit base acted most stupidly. I think both these debates are going to rage on for some time. The Fed has slipped down the path where it has allowed fiscal dominance to overrule prudent policymaking. It is quite difficult to retrieve ground from there unless you have a Fed Chair with the intellectual heft and drive to restore balance. Equally, asset liability matching (ALM) is a core responsibility of banks. They are supposed to diversify their base of customers, monitor duration risks, and stress-test their balance sheet. All the strutting around as a cool disruptive bank or hanging out with your clients should not distract you from that fundamental truth. You take your eye off it, you veer off the road.    Advertisement: Admissions to Takshashila's Post-graduate Programme in Public Policy (PGP) are now open. This is a fantastic opportunity if you want to dive deep into public policy while pursuing your work responsibilities.India Policy Watch: Milking Consumers and Producers, All at OnceInsights on burning policy issues in India— Pranay KotasthaneWe harp on Hayek's paper, The Use of Knowledge in Society, in this newsletter. Price is a vital signal, a decentralised coordination mechanism between producers and consumers. And so, when governments prohibit its functioning, bizarre things happen. Let's analyse the consequences of price distortion using an ongoing situation — the milk shortage in Karnataka. A bit of background to set things up. Milk is an ‘essential' commodity. Its essentiality is not just a matter of fact or reason but also a carte blanche for Indian governments to regulate the production, supply, and distribution of any commodity that is classified as essential under the Essential Commodities Act (ECA), 1955. In practical terms, it means that the government fixes procurement prices, caps consumer prices, and often owns and runs everything that lies between these the producer and the consumer.So is the case with milk in most states, including Karnataka. The Karnataka Milk Federation (KMF) is a dairy cooperative under the Department of Cooperation, Government of Karnataka. It procures nearly 50 per cent of all the milk that is produced in the state. It sells products under the brand name Nandini. Nearly 50 per cent of its consumption happens in the capital, Bengaluru. Government ownership complicates and comicalises the situation in a way that can only be equalled by a Priyadarshan comic flick. See, for instance, what has happened due to a milk supply chain disruption over the last few weeks. As the summer began early this year, the demand for milk rose sharply. A glass of majjige (buttermilk) or lassi is a wonderful refresher in the heat. Simultaneously, the supply drops in the summer months. Natural adaptation dictates that animals produce less milk than usual in the heat. A bout of lumpy skin disease has further exacerbated the gap between demand and supply this year. For an ordinary product, a rise in prices would iron out this demand-supply gap quickly. With an increase in prices, consumers will rationalise consumption, while the producers will work harder to increase the supply. But when governments own the supply chain, price rises are defenestrated, and a chain of bizarre events emerges.First, electoral concerns circle over pricing decisions like vultures. In this particular case, the government will not touch the price caps with a barge pole because the Karnataka elections are due in May. So the government tries to increase prices in a roundabout way: increase the maximum retail price (MRP) but offer a reduced quantity of milk for the same packet price.Second, shortages abound. Since the administered price rises have not done enough to make the demand-supply gap go away, milk shortages have emerged. The rich can well afford to buy premium milk at higher prices from other suppliers. But for the poor, the milk packets disappear. Instead of paying a slightly higher price until the supply rises again, the less-privileged consumers are left only with an empty glass.Third, the government resorts to blaming private businesses. Someone has to be blamed, and as so often happens in India, businesses get the flak. See this report in The Hindu, which casually places the blame on private players who are now willing to offer higher prices to the dairies and farmers. The report says:“Private players purchasing milk from the retail market to sustain their businesses in milk products is said to be causing a disruption…“He also said private dairies were procuring milk directly from farmers in rural areas by offering a higher price, thus reducing the union's procurement.”We should have been celebrating private players that are offering a better deal to farmers, given the scarcity. Instead, they have become villains. And fourth, a quotidian issue becomes a front for inter-state tensions. The Karnataka government blames dairies in Maharashtra and Tamil Nadu for offering higher prices to farmers within Karnataka, while the Tamil Nadu government is blaming private companies from Andhra Pradesh!Funny, the kinds of things that happen when the government enters and obstructs a control system called “prices”.Even as this satire unfolds, the root cause of the milk shortages isn't even being talked about. The Bangalore Milk Union president admitted that “many small milk producers have given up on rearing cows as it has become unsustainable”. Though he doesn't mention the underlying reason for this change, the bans on cow slaughter and recent attacks on people transporting cattle surely have reduced the incentives for farmers from stepping into this minefield called milk production. HomeWorkReading and listening recommendations on public policy matters* [Newsletter] Economic Forces is a must-read newsletter for all public policy enthusiasts.* [Paper] This paper on the effect of a landmark policyWTF called the Freight Equalisation Scheme explains how good intentions can sometimes produce terrible policies. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

On the latest Shiny New Object podcast episode we hear from SVP for Marketing at YES Bank, Anju Chauhan. Her focus for the future of marketing is consumer privacy and its impact on targeted advertising.Find out how she sees brands succeeding in finding this balance, as well as her top marketing tips for newcomers to the industry and what she thinks is the worst marketing advice.The Shiny New Object podcast is a production of Automated Creative, an adtech platform that turns brands' media impressions into marketing intelligence. Find out more at www.automatedcreative.net

We chat with Satyajeet Kunjeer, Founder of Deciml, who is working towards building and automating a micro investing and savings culture in India.  Deciml is a micro-investing and micro-savings app that enables young Indians to auto-invest their spare change (as low as Re 1/-) from online transactions into Mutual Funds or Fixed Return Funds. The company recently raised launched its product and raised capital. Within three months of its introduction on the Android PlayStore, Deciml received 25,000+ downloads with a total of ₹20,00,000+ being invested through round-ups, as well as daily investments. Currently, an average user of Deciml is investing close to ₹1,859 per month through these small round-up amounts. With an ambition to add at least 1% more young investors to India's investment ecosystem, the company has onboarded partners that include Lend Box, Motilal Oswal, as well as Yes Bank.  Hope you enjoy this TRANSFIN. Podcast with Nikhil Arora and Sharath Toopran, where we converse with entrepreneurs and business operators running successful startups, profitable SMEs and family promoted firms on one end, and top investment professionals representing VC/PE/credit funds on the other. The objective is to bring out an "actionable" perspective converging the world of business and investing. If you're a founder and if you'd like us to drill down your model, feel free to drop us a line at edit@transfin.in

All episodes here - automatedcreative.net/shiny-new-obje…vation-podcast

In today's episode for 24th January 2023, we explain how an exotic financial instrument called a perpetual bond is coming back to haunt Yes Bank's dreams. Also, a quick side note. If you're someone who has great communication skills and are enthusiastic to join our team, Ditto is looking to recruit new Insurance Advisors. You don't even have to know much about Insurance-- We will train you from scratch and you can enjoy working remotely with a great team. Click here to apply.

It's been a month since the e-rupee's retail pilot was launched. As you know, the e-rupee is RBI's ambitious project to digitalise the economy. How is it different from wallets and payment apps? What are its uses and what lies ahead for digital currency? Also, what is the reaction of bankers and customers? In this podcast, Senior Assistant Editor Hamsini Karthik talks to Ajay Rajan, head of transactions at Yes Bank, and Navin Surya, fintech expert about this one of its kind experiment by the RBI. Listen in. --- Send in a voice message: https://anchor.fm/business-line/message

In this episode, find out about JK Cement's foray into the paint's business, also find out about Yes Bank's decision to transfer Dish TV shares to JC Flowers ARC Business Term of the Day: Asset Reconstruction Company

The digital rupee or the e-rupee is the newest avatar of money. How does it work? What are its advantages for consumers? And what are the challenges? Host Mugdha Variyar decode with Ajay Rajan, country head for transaction banking at Yes Bank, Vivek Belgavi, Partner, Financial Services Technology Consulting and FinTech Leader at PwC India, and Saloni Shukla, Deputy Banking Editor at The Economic Times Credits: Reserve Bank of India You can follow our host Mugdha Variyar on her social media:Twitter - https://twitter.com/Mugdha_VariyarLinkedin - https://www.linkedin.com/in/mugdha-variyar-97387625/ Catch the latest episode of ‘The Morning Brief' on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Google Podcasts.See omnystudio.com/listener for privacy information.

India will conduct the first pilot of the e-rupee for retail digital currency on December 1, Reserve Bank of India, the country's central bank said yesterday in a statement. Meanwhile, the central bank has rejected the NBFC licence applications of some well-known fintech startups, The Hindu Businessline reports. And Vikram Kirloskar, the well-known industrialist, widely seen as being responsible for bringing Toyota to India, died yesterday, reportedly of a heart attack. He was 64. Notes: India will conduct the first pilot of the e-rupee for retail digital currency on December 1, Reserve Bank of India, the country's central bank said yesterday in a statement. Four banks — State Bank of India, ICICI Bank, Yes Bank and IDFC — will participate in the initial phase of the pilot in four cities (Mumbai, New Delhi, Bengaluru and Bhubaneswar). Bank of Baroda, Union Bank of India, HDFC Bank and Kotak Mahindra Bank will join the pilot subsequently, the Reserve Bank of India said. In more digital finance news, the Reserve Bank has rejected the NBFC licence applications of some well-known fintech companies in India, The Hindu Businessline reports, citing “highly placed sources” that the paper didn't name. Among the companies that have had their applications turned down are PhonePe, Razorpay, BharatPe, OkCredit and NiYo which operates as a neo-bank, according to Businessline. The central bank is concerned about the sources of the money flowing into these startups, seen as coming in through tax havens, according to Businessline. The likelihood of fintech companies charging high-interest rates on their loans is also a concern for the central bank, according to the paper. Chinese e-commerce giant Alibaba Group Holding is looking to sell a three percent stake in food delivery services provider Zomato as part of a $200 million block deal today CNBC-TV18 reports. Shares of the loss-making Indian company ended yesterday's trading in Mumbai at Rs. 63.35, down more than 55 percent from the beginning of this year. The company went public in July last year with a listing price of Rs. 76. Biocon Biologics, a subsidiary of Bengaluru's biopharma company Biocon, said yesterday it has successfully completed its multi-billion-dollar acquisition of the global biosimilars business of its partner Viatris. Biocon Biologics and Viatris have obtained all applicable approvals from key global regulators and investors. The acquisition provides Biocon Biologics with direct commercial capabilities and supporting infrastructure in the advanced markets and several emerging markets, the company said. Vikram S. Kirloskar, Vice Chairman, Toyota Kirloskar Motor, died yesterday, according to a brief company statement. He was 64, and multiple media reports state the cause of death as a heart attack. Vikram Kirloskar was a pioneer of India's automotive industry and played a key role in bringing Japan's Toyota Motor Corp to India in the late 1990s, according to Business Standard. He had a degree in mechanical engineering from the Massachusetts Institute of Technology, in the US. Kirloskar is survived by his wife Geetanjali and daughter Manasi, according to Business Standard. Last respects can be paid today at the Hebbal crematorium in Bengaluru at 1 pm, according to the company's statement. Theme music courtesy Free Music & Sounds: https://soundcloud.com/freemusicandsounds

01st Nov

The Reserve Bank of India, or RBI, has commenced the pilot programme of the Digital Rupee in the wholesale segment from today- November 1. The RBI has announced nine banks that would participate in the pilot. The banks include- State Bank of India, ICICI Bank, Union Bank of India, Bank of Baroda, Kotak Mahindra Bank, YES Bank, HDFC Bank, IDFC First Bank and HSBC. What exactly are Central Bank Digital Currencies or CBDC? Why is the RBI's Digital Rupee pilot project? How will the CBDC help enhance the economy? Listen in. --- Send in a voice message: https://anchor.fm/business-line/message

Sustainable finance; blended finance; and green loans are just a few terms that we will be unwrapping in this podcast. Get ready for a 101 in sustainable finance – the tools financial experts are using to accelerate the money we need to fund commercially viable social and environmental impacts. And in particular, we will be deep diving into how to unlock finance for a green transition – so that no one is left behind in the transition to a green economy. Meet sustainable finance and ESG pioneer Namita Vikas, and our guest in today's podcast. Namita's accolades range from “Sustainability Leader of the Year” to “Asia's Top Sustainability Superwomen”. She's been featured in the list of “India's Top 100 Women in Finance” and is on a mission to accelerate sustainable finance and climate transition. With 30 years of experience, in organisations ranging from the Yes Bank to the Microsoft Corporation, Namita is now the Founder & Managing Director, auctusESG and an Advisory Board Member for the Climate Bonds Initiative in the UK and Digital Green, USA. Namita champions the deeper understanding of the climate finance nomenclature and jargon. Explaining the differences in financial instruments and the impacts they can deliver, Namita comes full circle by explaining the challenges which are holding back the full benefits of climate finance opportunities: From the lack of classification and taxonomy uniformity across markets to; to the need for regulation in these emerging financial classes; and the requirement for better examples of successful sustainable business models. As Namita explains: “Finance is the is the fuel for economic growth. We need finance for everything. We need finance for climate action. More and more financial institutions are looking to deploy capital towards projects that not only deliver on a return on investment but will also deliver on environmental or social impact.” Listen in to this podcast to find out more. And if you liked this try: Andrew Howard, Schroders and ESG investing:https://businessfightspoverty.org/andrew-howard/ and Climate Risk, Adaptation & Resilience with Swenja Surminski:https://businessfightspoverty.org/swenja-surminski-contributing-author-to-the-ipcc/ Links: auctusESG: https://auctusesg.com Salt Pan Farmers case study: https://www.google.com/amp/s/www.thehindubusinessline.com/money-and-banking/yes-banks-blended-finance-facility-to-the-rescue-of-rann-of-kutchs-salt-farmers/article25843484.ece/amp/ auctusESG projects to create the blueprint of a women and youth focused clean energy climate finance facility for Zimbabwe (part of the UN Joint SDG Fund 2022): https://unsdg.un.org/latest/announcements/joint-sdg-fund-doubles-its-portfolio-114-million-catalytic-impact-investments Financing water access in India: https://www.weforum.org/agenda/2021/05/4-ways-to-scale-up-finance-for-indias-water-sector/ Green fintech and creating access to green finance for populations: https://link.springer.com/chapter/10.1007/978-981-19-2662-4_16 Leveraging digital finance menstrual hygiene: https://www.yesbank.in/digital-banking/tech-for-change/healthcare/women-are-given-subsidy-for-sanitary-napkins-through-digital-methods-in-maharashtra

Reliance Capital's resolution has received tepid response as only four firms have made financial bids for the entire company, including its subsidiaries, under the insolvency process. IndusInd, Torrent, Oaktree Capital Management, and B-Right Realestate have submitted bids in the range of just Rs 4,000 crore. When the resolution process began, over 50 firms had submitted Expression of Interest for various assets, but only a handful of bidders were engaged. The bids have to be approved by a lender's committee. Lukewarm response for RCap asset: 1) IndusInd, Torrent, Oaktree Capital Management, and B-Right Realestate placed bids 2) All bids were placed in the range of Rs 4,000 crore. The process for asset sale of debt-ridden Anil Ambani's Reliance Capital had kick-started in November last year, when the Reserve Bank of India (RBI) superseded its board for payment defaults and initiated bankruptcy proceedings. Y Nageshwara Rao was appointed administrator for the corporate insolvency resolution process. After Srei Group's shadow banking arm and DHFL, Reliance Capital is the third NBFC to go under insolvency under IBC. Reliance Capital has a consolidated debt of about Rs 50,000 crore. But to expedite the sale process, the lenders hived off two entities of RCap --- Reliance Commercial Finance and Reliance Home Finance --- into a trust for a separate resolution process. It was done so that the bidders don't deal with debt of these two entities, which is around Rs 25,000 crore. Secured creditors have claimed Rs 22,122 crore and unsecured creditors around Rs 3,212 crore after the company was sent to insolvency. Major lenders include Life Insurance Corporation, YES Bank among others. Reliance Capital's lenders had offered two options to all the bidders. Under the first option, companies had to bid for Reliance Capital as a whole, including its subsidiary companies. Under the option-2, bidders have the freedom to bid separately for individual arms of Reliance Capital. Due to a tepid response from the bidders, the lenders earlier had to extend the timeline for submission of bids and the resolution process several times. The deadline for completion of the corporate insolvency resolution process of the company is November 1, 2022. Reliance Capital's eight businesses were on the block for bidding including general insurance, securities and asset reconstruction businesses. Under the second option, Reliance Capital's general insurance received bids from Piramal Group, Zurich Insurance Group, and Advent International. While, the company's ARC business got bids from Jindal Steel & Power and UV Asset Reconstruction Company, Choice Equity, Global Fincap, and Grand Bhawan have placed bids for other assets of Reliance Capital. Please include the byte: Ashvin Parekh, Managing Director, Ashvin Parekh Advisory Services LLP says, the bids for Reliance Capital assets were on the lower side. Lenders have few options left before approving the bids. But the poor response indicates that lenders are in for massive haircuts. It also showcases bidders' concerns, especially over equity of Reliance General Insurance, held by IDBI Trusteeship on the behalf of Credit Suisse. IDBI Trusteeship has refused to release these shares for the ongoing NCLT led resolution process. The condition to make all-cash bids also proved a hindrance in the resolution process   Mukesh Chand, Senior Counsel, Economic Laws Practice says the committee of creditors will likely negotiate with proposed bidders. CoC will try and work out a best possible resolution plan with the bidders. If viable options don't come out in negotiation process, big haircut is on the cards.  As the bids are placed, the ball is in the lender's court now. They have to take a call on the value of bids and evaluate other options, including negotiating a better deal with the proposed bidders. Whatever may be the case, it is in the creditors' best interest to comple

In a post-pandemic world, the rules of HR are changing. On this episode of The Shape of Work podcast, we have Sumit Lakhani, Chief Marketing Officer at Awfis Space Solutions Private Limited.With over 15+ years of experience & having worked with giants like Yes Bank, Tesco, and Tech Mahindra it is no surprise this episode covers a lot of ground.Sumit shares insight on some of the biggest questions right now in both hiring and the future of work.Episode Highlights:Pros and cons of the hybrid workplace modelThe workforce of the futureEffective strategies to reduce employee turnoverAll about the pulse of the organization, feedback, and 1v1 with the team.Advantages and drawbacks of the hybrid workplace model: The hybrid workplace model gives a choice to the employees to choose to work remotely or at the office. It also depends on the work requirements and productivity of the employees. After the pandemic, most people have found remote work to be more comfortable, forcing workplaces to introduce hybrid work models. Hybrid workplaces increase the productivity of the employees and save expenses and time on the commute. A survey found that most of the employees spend 1-1.5 hours on commuting which makes an additional 44 days of working. On the other hand, remote working seems not very efficient for freshers. They cannot experience the same exposure and work environment working remotely. The changes in work nature for Gen Z:The future workforce, which is Gen Z, will create significant impacts on workplaces. A few years back, things were changing as for the preferences of the millennials, but Gen Z is taking over that. They are directly participating in the gig economy. Their approach towards work-life balance is very different from other generations, which will change the way workplaces function and open the doors to work on preferred time slots.They seem not to be very interested in the 9-6 work model, which can rise to the 24x7 opening of physical offices. Now organisations should be more focused on the safety, well-being, and flexibility of the employees to increase their productivity. Practical strategies to enhance employees productivity:In almost every sector, employees spend half of their day. So, their productivity is directly related to their well-being. The workplace environment should force them to come to their work every morning happy and recharged. This is only possible if organisations promote a learning culture, socialising, and collaborations. Every employee should enjoy their work rather than taking a toll on their mental health. Organisation's approach to improving employee engagement policies: Any workplace negativity affects the productivity of their employees. They will feel hesitant to discuss important issues with the core team and eventually leave the organisation. This negativity comes from poor management, lack of communication, unexpected changes in staffing, and inexperience management.To tackle this and improve employee engagement policies, organisations need to focus on feedback from the staff and bridge communication gaps.BONUS: Willing to figure out ways to save your employee turnover cost? Read our latest blog post.Follow Sumit on LinkedIn

On this episode of The Signal Daily, host Chinmay Bhogle talks about Dish TV's latest drama with Yes Bank. Meanwhile, Patanjali Pahwa joins us and explain what are cloud kitchens and why are they the new hotshots in the town!

यस बैंक की सभी सेवाएं बुधवार से पहले की तरहशुरू हो जाएंगी. बैंक ने भरोसा दिलाया है कि हर एटीएम में कैश है और किसी कोघबराने की ज़रूरत नहीं. NEFT. RTGS, IMPS सेवाएंफिर से सुचारू हो जानेवाली हैं लेकिन फिर भी संकट के बादल पूरी तरह नहीं हटे हैं. निवेशकों और खाताधारकों के ज़हनमें सवालों का रेला है. प्रश्न है कि यस बैंक को आज तो सहारा मिल गया लेकिन क्याकभी वो बिना बैसाखी पहले की तरह चल सकेगा. इस विशेष पॉकास्ट में हर छोटे-बड़े सवाल का जवाब दिया है इंडिया टुडे हिंदी के संपादक अंशुमान तिवारी ने. उनसे सवाल पूछे नितिन ठाकुर ने.

शेयर बाज़ार में हफ्ते के पहले दिन ही भारी गिरावट दर्ज की गई. इसकी चपेट में दो बैंक भी आए जिनके शेयरों में सबसे तेज गिरावट देखी गई. इस बैंकों का हल और साथ ही शेयर बाज़ार की हर हलचल जानिए इस विशेष पॉडकास्ट में इंडिया टुडे के एसोसिएट एडिटर शुभम शंखधर से..

Yes Bank में जिनके रुपए जमा थे, उनके लिए 5 मार्च, 2020 एक बुरा दिन साबित हुआ. रिज़र्व बैंक ऑफ़ इंडिया (RBI) ने Yes Bank के कामकाज पर आंशिक रूप से रोक लगा दी. 3 अप्रैल तक के लिए अब Yes Bank का कामकाज RBI के जिम्मे होगा. एक महीने में 50,000 से ज़्यादा की रक़म नहीं निकाली जा सकती. सरकार और आरबीआई ने कहा है कि खाताधारकों को घबराने की ज़रूरत नहीं है और उनका पैसा सुरक्षित है. लेकिन लोगों में एक बेचैनी और घबराहट ज़रूर है. इस पॉडकास्ट में आज तक रेडियो के कुलदीप मिश्र ने इंडिया टुडे हिंटी के एसोसिएट एडिटर शुभम शंखधर से बात करके यही समझने की कोशिश की है कि जिनका पैसा यस बैंक में फंस गया है, वे अब क्या कर सकते हैं.