By signing the Banking (Amendment) Bill, President Uhuru Kenyatta has passed a vote of ‘no confidence’ on the sound advice of Treasury CS Rotich and CBK governor Dr. 1,253 more words
Tags » Banking Sector
Two articles in this weekend’s US print editions of the Wall Street Journal and Financial Times highlight the real concerns that threaten global growth, far more so than the ministrations of (hopefully) rational politicians soon to embroil in Brexit negotiations. 412 more words
Its no secret, Nigeria’s Banking sector is in a state of chaos, but adaptability has always been the best survival instinct for majority of Nigerians. From Banks being accused of lending money to big spenders without collateral, to the undisputed fact that the banks are the number one go to for money laundering purposes, which they conjoin with the greedy and eye bulging corrupt citizens in moving money out of the country, to be put bluntly. 239 more words
Bhasin took charge as the VC on June 11 2015.
The earlier CVC had recommended that Regular Departmental Action should be initiated against Bhasin.
Managing risk is how financial institutions (FIs) make money. They pay top dollars to teams including strategists, internal analysts, actuaries and brokers who, together, are responsible for identifying, measuring and managing various types of risks including operational risk, liquidity risk, reputation risk, market risk, investment risk and credit risk. 1,721 more words