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SBM bets on tie-ups to grow India operations; not to add branches

SBM bets on tie-ups to grow India operations; not to add branches
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SBM bets on tie-ups to grow India operations; not to add branches
Apr 19, 2021, 16:06 IST
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MUMBAI: SBM Bank India, the wholly-owned subsidiary of the Mauritian government s SBM, is betting on partnerships with fintechs and non-bank entities to grow its business here and is not interested in growing its branch network like DBS Bank India did with an acquisition, a top official has said.
SBM Bank India wants to grow its business through granular liabilities collection and booking fees by aiding in various banking transactions, its managing director and chief executive Sidharth Rath told PTI. ....

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SBM bets on tie-ups to grow India ops; not to add branches - The Hindu BusinessLine

SBM bets on tie-ups to grow India ops; not to add branches - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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RBI sets tone right to boost economy; liquidity support, widening of G-sec mkt welcome steps: Bankers

RBI sets tone right to boost economy; liquidity support, widening of G-sec mkt welcome steps: Bankers
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RBI sets tone right to boost economy; liquidity support, widening of G-sec mkt welcome steps: BankersPTI
Last Updated: Feb 06, 2021, 11:46 AM IST
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Synopsis
The Reserve Bank of India in its final monetary review of this fiscal decided to keep the key repo rate at which it lends short term capital to banks unchanged at 4 per cent with an accommodative stance to support growth and ensure there are no adverse price pressures.
Monetary Policy highlights: RBI restores CRR, allows online access to government securities market ....

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High schools to get temporary staff for 100 days of classes | Bhubaneswar News

BHUBANESWAR: School and mass education minister Samir Ranjan Dash has asked the district education officers (DEOs) to engage teachers from schools that won’t reopen soon, or retired teachers, in high schools with inadequate staff strength to ensure 100 days of classroom study for class X and XII students.
“If we cannot do 100 days of classroom teaching, we may not complete the course on time,” Dash said. He added that DEOs had been asked to appoint retired teachers in high schools and to divert PG teachers from elementary schools to high schools with high teacher vacancy.
Teachers said it would be stressful for them and students to attend classes for 100 days straight. “Teachers have household responsibilities and health issues to address too. We are requesting the government to let at least Sundays be holidays,” said Prakash Chandra Mohanty, secretary of Odisha Secondary School Teachers’ Association. ....

Mihir Ray , Namita Mohanty , Isha Ipsita Satpathy , Nandini Sahu , Sidharth Rath , Prakash Chandra Mohanty , Surendra Das , India Parents Association , Odisha Secondary School Teacher Association , Utkal University , Public School , Samir Ranjan Dash , Odisha Secondary School Teacher , All India Parents Association , மிஹிர் ராய் , நமிதா மொஹாண்தி , இஷா இப்சிதத சத்பதி , நந்தினி சாஹு , சிடார்த் ரத் , பிரகாஷ் சந்திரா மொஹாண்தி , சூரென்ற தாஸ் , இந்தியா பெற்றோர் சங்கம் , ஓடிஷா இரண்டாம் நிலை பள்ளி ஆசிரியர் சங்கம் , ஊட்கள் பல்கலைக்கழகம் , பொது பள்ளி , சமீர் ரஞ்சன் கோடு ,