Wednesday, 27 July 2016

Women in Banking

Chairman of Bank of India: Vijayalakshmi Iyer
Chairman and Managing Director of Allahabad Bank: Shubhalakshmi Panse 
Chairperson of State Bank of India Arundhati Bhattacharya 
Chanda Kochhar (born 1961), ICICI Bank MD and CEO
Shikha Sharma (born 1960), AXIS Bank CEO.
Kalpana Morparia, CEO of South Asia and India Operations at JPMorgan Chase & Co.
Naina Lal Kidwai, Group General Manager and Country Head of HSBC India
Renu Sud Karnad, MD of HDFC
Snehlata Shrivastava, Executive Director, National Bank for Agriculture and Rural Development
Vijayalakshmi Iyer, Chairman and Managing Director, Bank of India
Zarin Daruwala,CEO of Standard Chartered Bank (India), before this she was the head of wholesale banking, ICICI Bank

Deputy governors of RBI - all retired
Kishorie Udeshi
Shymala gopinath
Usha Thorat

First woman to head a financial institution Tarjani Vakil headed EXIM Bank
Ranjana Kumar first head of a PUBLIC SECTOR BANK

Just in jest!

A bank is a place that will lend you money if you can prove that you don't need it! - Bob Hope

Thursday, 21 July 2016

Did you know

Although the feat has yet to be certified by Guinness World Records, Indian officials have reported that volunteers planted a whopping 49.3 million tree saplings on July 11, blowing past the previous record for most trees planted in a single day.
That record, a mere 847,275 trees, was set by Pakistan in 2013.
A reported 800,000 volunteers from Uttar Pradesh worked for 24 hours planting 80 different species of trees along roads, railways, and on public land. The saplings were raised on local nurseries.
The effort is part of the commitment India made at the Paris Climate Conference in December 2015. In the agreement, signed on Earth Day 2016, India agreed to spend $6 billion to reforest 12 percent of its land (bringing total forest cover to 235 million acres by 2030, or about 29 percent of the country's territory).
Source: http://news.nationalgeographic.com/2016/07

Adam Smith : The Invisible Hand



It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.                    -  Adam Smith

Goodness Gracious!

Economics is the only field in which two people can get a  Nobel Prize for saying exactly the opposite thing.
(Milton Friedman in 1976 vs James Tobin in 1981, for instance. Gunnar Myrdal andFriedrich Hayek even shared one in 1974).

Wednesday, 6 July 2016

Funny Economics

Economics is not renowned for being a bundle of laughs.
However there are quite a lot of good Economics Jokes. 
We will try to post at least one each week

Please enjoy :)

Q:Why did God create economists ?
A:In order to make weather forecasters look good.
Image result for weatherman clipartImage result for economists clipart    
Q. What does an economist do?
A. A lot in the short run, which amounts to nothing in the long run.


  Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2021 one half to David Card University of California, Berkeley, USA...