The world over there have been increasing concerns about cash flow liquidity risk and market liquidity risk in the volatile global scenario marred by war, natural calamities, supply chain disruptions, geopolitical rivalry, etc. It is a common knowledge that stable environment offers a stable and predictable liquidity scenario, stable interest rate scenario and offer lower risks both on liquidity and interest rates. However, this is a mirage one should stop chasing. With each passing day, financial world of the whole universe is getting more and more interlinked and interdependent.
Considering the world, all are living in, it should be safely presumed that only certainty is uncertainty. The world is moving from a bipolar world to multipolar world and over and above that on one thing on whom no one has any control is ‘Mother Nature’. Kishore Lodha, Chief Financial Officer, U GRO Capital, hints: “So, we should remain prepared for more and more global conflicts, small- and large-scale wars and over and above that small-scale and large-scale natural calamities. It will always keep the cashflow, liquidity and interest rates in an uncertain zone.”
Thankfully central banks across the globe are taking steps to minimize the risks of any of such eventuality. Central banks, and more specially RBI, are far more prepared now to deal with any geopolitical event or a natural calamity. A case in point is covid. The way world across, entire cash flow system, liquidity and interest rates were managed by most of the impactful countries, speaks volumes about preparedness of the world to deal with such eventualities. Kishore alerts: “Collateral damages are bound to happen, and it will keep the whole economic environment vulnerable, uncertain, complex, and ambiguous.”
This story is from the April 2023 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the April 2023 edition of Banking Frontiers.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Kamdhenu & Sammrudhi loans top rural customers
Unnayan Bharat Finance Corporation (UBFC) Director & Co-Founder Avneesh Trivedi shares the company's attempts to enhance the rural lending environment & deliver better services to its consumers:
It's going to be a 'world' of CBDCs
Practically, every central bank in the world is testing and readying a CBDC system:
Training for behavioral & social skills is key
3 CHROs from the top BFSI companies in India open up about their training and motivation programs aimed at enhancing employee effectiveness. The story is divided into 4 parts: (i) functional and behavioral training, (ii) manager to leadership training, (iii) learning-based training, (iv) motivational programs:
THE AI COMPASS
Artificial Intelligence has risen to be the hottest topic of discussion today. It is expected to impact everyone, and the impact could exceed that of war, global warming, supply chain disruptions, geopolitics, and much more.
To mentor & coach emerging leaders
Manish Shah, MD & CEO of Godrej Capital, outlines his focus areas today and in the future:
Innovation will unlock India's Mission 'Atmanirbhar’
Sunita Handa is Chairman, Toyota FSIN and Principal Advisor & TLAB Chairman, Protectt.ai Labs. She shares her current activities and her deep insights on innovaiton in an interaction with Manoj Agrawal:
Algorithm is the Boss
Irem Sayeed, Chief Credit Officer at U GRO Capital, dwells into business focus and modernization at the lender:
Fintech and Neobank under the same Umbrella
It was started in 1902 to build what came to be called Israel:
Bajaj Allianz Revolutionizes Employee's HR and IT Experience with WhatsApp, MS Teams, Al and Automation
A productivity booster shot at BALIC:
Small Beginning for a Big Opportunity
AMU Leasing's focus on serving the underserved market of individuals and fleets looking for financing for electric 3-wheelers and 2-wheelers: