D.C.’s campaign finance laws need reforming
In an effort to recover from steep losses and tarnished reputations, large banks are seeking alternative, more equitable paths to prosperity. Impact investment may be the solution. Moreover, students may be helping to accelerate its adoption. Far from passive idealism, students are increasingly concerned about doing something meaningful with their careers, including those who study finance.Theyre demanding to learn the principles of social impact, gain experience through internships and case studies, and even embed impactinvesting in their universities endowment policies. And, thoughinternships with large financial firms help to expose students to the field as well as enhance resumes, an internship with a firm that focuses on impact investment can be equally advantageous.
Finance minister briefed on privatisation
The minister said privatisation was the top most priority of the government. Dar emphasised that there will be no compromise on the transparency of the privatisation process. The Privatisation Commission proposed that the commission be allowed to nominate a member for the board of directors for each SOE to be privatised, which was accepted by the finance minister. The minister was briefed about various stages of the privatisation process and timelines.
campaign finance laws need to be toughened is Kwame R. Browns campaign for reelection to the D.C. Council in 2008. Exhibit B is the Democrats 2010 campaign for council chairman. Both efforts seem to have been rife with infractions of the rules on collecting and spending money.
Banks, finance firms hit by RBI’s rupee defence
“Wholesale funded banks (Yes, Indus, Kotak) and NBFCs are going to be worst impacted,” Credit Suisse said. “Apart from the impact on funding cost and margins, growth is now likely to be much lower than the earlier growth trajectory.” Yes Bank Chief Executive and Managing Director Rana Kapoor downplayed his bank’s exposure to the money markets. “There could be a small impact on margin,” he told reporters, adding that the impact on the bank would not be serious. THREE-WAY HIT Analysts estimate the average net interest margin for Indian banks at about 3.5 percent.