High employee attrition of 25 per cent in private banks pose operational risk: RBI Report – Times of India

High employee attrition of 25 per cent in private banks pose operational risk: RBI Report – Times of India

[ad_1] NEW DELHI: Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24. Employee attrition rates are high across select private sector banks and small finance banks…

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Will maintain open-door policy: RBI governor – Times of India

Will maintain open-door policy: RBI governor – Times of India

[ad_1] MUMBAI: RBI governor Sanjay Malhotra on Monday asked colleagues to “strive for perfection” and support the realisation of the Viksit Bharat vision. The career bureaucrat appointed to lead the central bank “reassured” staffers that RBI, an “august institution”, is his “family” now. “I exhort you to strive for perfection in performing our critical roles…

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Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBI – Times of India

Fossil fuel dominance in electricity generation to end by 2030, renewable to cross 50% share: RBI – Times of India

[ad_1] NEW DELHI: Dominance of fossil fuels in electricity generation in India will end by the end of the decade said Reserve Bank of India in its latest report. The report also noted that the renewable energy is expected to cross 50 per cent share in electricity generation globally. It added that the energy transition…

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