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CONCENTRATION: THE NAUGHTY MONKEY

BANKING FINANCE

|

February 2024

Maintaining mental focus can be quite challenging, especially with the constant distractions we encounter on a daily basis. In today's interconnected world, it is incredibly easy to get sidetracked by notifications from social media or the latest news updates. However, having strong mental focus is vital for achieving success. The ability to concentrate on a task at hand is essential for learning, accomplishing goals, and performing well in various situations.

- Rohtash Singh

CONCENTRATION: THE NAUGHTY MONKEY

Whether you are working on a report or participating in a marathon, the level of focus you possess can greatly influence your outcomes. The good news is that focus is like a mental muscle that can be developed and strengthened over time. The more you practice, the better it becomes.

Improving mental focus requires effort and may involve making changes to your daily habits. Here are some tips and techniques from the field of psychology that can help you enhance your focus and develop a laser-like concentration, 1st step towards becoming mentally focused is to;

Evaluate Your Mental Focus:

Start by assessing your current level of mental focus. Take a moment to determine how easily you can stay attentive, set goals, break tasks into smaller parts, and resume work after short breaks. If you find these things relatively easy to do, you already possess decent concentration skills.. However, with practice, you can further enhance your abilities. Conversely, if you often find yourself daydreaming, struggling to ignore distractions, or losing track of your progress, it is time to work on improving your mental focus.

Reduce Distractions:

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Mutual Fund News

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Insured bank deposits fall 9.5 percentage points in 5 years

While India's bank deposit base has expanded, the share of deposits protected by insurance has slipped. In the five years between September 2020 and March 2025, assessable deposits swelled by over Rs. 91 lakh crore, but the insurance coverage ratio dropped by 9.5 percentage points, leaving a wide gap between small savers who are fully covered and largevalue accounts that remain exposed.

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Sustainable Finance in India: The Role of ESG in Banking and Investments

The concept of Environmental, Social, and Governance (ESG) has emerged as a transformative framework in the global financial sector, driving sustainable decision-making in banking and investments.

time to read

14 mins

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Banks and ECL norms

On October 7, the Reserve Bank of India (RBI) issued the draft Reserve Bank of India (Scheduled Commercial Banks-Asset Classification, Provisioning and Income Recognition) Directions, 2025 for public comments. These directions are proposed to be implemented by banks and financial institutions with effect from April 1, 2027 - a possible indicator that banks and financial institutions will transition to Indian Accounting Standards (Ind AS) from this date.

time to read

2 mins

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TRUMPeting Tariffs

These new trade taxes are a challenge for India, but they also create some opportunities. By finding new customers, making more things at home, and working with other countries, India can turn this problem into a chance to grow stronger.

time to read

3 mins

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RRR in Banking

This is very crucial area where bankers strive to pitch their products for the customers to achieve the set targets. Profiling is the major operation to understand the customer and identify their exact needs for providing suitable products.

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6 mins

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World trusts India with semiconductor future

Prime Minister Narendra Modi pitched India as one of the most promising destinations for semiconductor manufacturing, saying \"the world trusts India, the world believes in India, and the world is ready to build semiconductor future with India\".

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2 mins

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Legal News

Auction purchasers are liable to pay the property tax dues of erstwhile owners, the Calcutta HC held on Sept 25 in a case where a company sought a waiver of the outstanding property tax of Rs 1,23,84,142, for which KMC refused to grant mutation.

time to read

2 mins

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