Rs. 5.50 lakh cash, gold linked to Mumbai drug lord recovered during raids

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India Today | India 

RBI Governor Shaktikanta Das on Tuesday said attrition is seen to be high at some private sector banks and that the central bank is watching the issue “closely”.

Speaking at the annual BFSI Insight Summit organised by Business Standard, Mr Das said the Reserve Bank of India (RBI) is looking at the issue as part of the regulatory supervision efforts.

In the comments that come amid some major banks reporting attrition rates of over 30 per cent, Mr Das said every bank has to build a core team to take care of such issues.

He also said that the career outlook of youngsters has changed with regard to job switching and added that the youth is “thinking differently” on the aspect now.

According to Mr Das, the growth momentum in the economy continues to be strong, and that the GDP number for the second quarter will surprise everyone on the upside.

He said that geopolitical uncertainty is the biggest risk to global growth but was quick to add that India is better placed to deal with any potentially risky situation.

A 24-year-old Indian student has been stabbed in the US state of Indiana and is said to be in a critical condition, according to a media report.

Varun was stabbed with a knife into the temple by the assailant Jordan Andrad, 24, at a public gym in the Valparaiso city of Indiana on Sunday morning for reasons that the authorities are still investigating, reported NWIU Times.

Following the incident, the attacker was arrested and is facing charges of aggravated battery with a deadly weapon and attempted murder.

“Varun was attacked with a knife by his attacker. He was ultimately taken to a Fort Wayne hospital due to the severity of his injury and was reportedly given a zero to five per cent chance of survival. Varun’s condition is said to be serious after the violent attack,” the report said.

The attacker Andrade told the police that he had requested a massage that morning and walked into the massage room to find the other man, whom he did not know but found “a little weird.” Determining the other man posed a threat, Andrade said he made sure to react the “right way,” according to a charging document.

“Andrade then described (the man) as a threat to him so he, ‘just reacted,'” police said.