<ul><li>The Indian government is launching an academic course — the Graduate Insolvency Program — to train a crop of new insolvency professionals. </li><li>India’s stressed bank assets rose to $146 billion recently. </li><li>The 27-month program is likely to benefit insolvency professionals. It will help them handle tough bankruptcy cases within a short time.</li></ul>India has a huge, emerging sector for helping distressed and bankrupt companies come out of financial difficulty. But it faces a huge shortage of bankruptcy professionals who can oversee the process. To make up for the lack, the Indian government is reportedly launching a fresh academic course — <a href="https://economictimes.indiatimes.com/markets/stocks/news/want-to-graduate-in-insolvency-heres-how-you-can/articleshow/67534863.cms">Graduate Insolvency Program</a> — which will help train a new crop of insolvency professionals. The Insolvency and Bankruptcy Board of India (IBBI) will likely launch the program in first week of February. It will allow fresh candidates to take up Insolvency profession while presently hirings happen from the lot having at least 10-15 years of experience. The 27- month program aims to train nearly 45 such professionals annually. India introduced a new bankruptcy law, the <keyword id="6354456" type="DEFINITION" weightage="20" keywordseo="Insolvency-and-Bankruptcy-Code">Insolvency and Bankruptcy Code</keyword> (<keyword id="192838" type="ORGANIZATION" weightage="20" keywordseo="IBC">IBC</keyword>), two years ago — which was seen as a landmark law to help several banks resolve a huge pile of bad debt from under-performing or stressed companies. The new rules gave recourse to both the company’s promoters and creditors. How will the course benefit insolvency professionals? As of 2017, the country had nearly <a href="https://economictimes.indiatimes.com/jobs/jobs-how-will-graduates-gain-from-insolvency/articleshow/59850758.cms">600-700 insolvency professionals</a>, according to Mamta Binani, former president of Institute of Company Secretaries of India. While according to a senior official from ICAI, certified training programs have the capacity to create thousands of job opportunities. That is because, India’s National Company Law Tribunals have been flooded with hundreds of such cases that will need insolvency professionals for primary operations. Who will be eligible? The graduate insolvency program will be outsourced from prominent Indian institutions, and operate in sync with regulators. It will admit candidates from varied backgrounds from chartered accountants, post graduates in economics, finance, management, commerce, cost accountants, company secretaries and law graduates. However, there will be a minimum bar to qualify the elimination exam, just as for the Common Admission Test (CAT). Foreign nationals will also be eligible to take up the course — along with a reservation quota of five seats. The Indian government hopes the course will be added help for professionals already working on bankruptcy to solve the cases more efficiently. It will also give the professionals domestic and international exposure in the field through internships. The overall cost for the graduate program is yet to be declared. However, it is <a href="https://www.businesstoday.in/current/economy-politics/alert-for-cas-law-students-check-out-new-graduation-course-on-bad-loans/story/310221.html">expected to cost </a>between ₹700,000 to ₹1,000,000. India has tried to groom insolvency professionals earlier as well. Last year, the Ministry of Skill Development &amp; Entrepreneurship (MSDE) and Insolvency and Bankruptcy Board of India (IBBI) jointly announced a training program for <a href="http://www.uniindia.com/news/business-economy/msde-launches-insolvency-associate-course-in-du/1285995.html">‘Insolvency Associates’</a> to create more jobs in the sector. Rolled out under the Pradhan Mantri Kushal Vikas Yojana (PMKVY), the 250-hour course focused on insolvency issues including Companies Act, accounting and valuation. See also: <a href="https://www.businessinsider.in/next-global-recession-may-be-just-two-years-awayand-india-should-be-worried/articleshow/67535452.cms">Next global recession may be just two years away—and India should be worried</a> <a href="https://www.businessinsider.in/india-witnessed-its-highest-unemployment-rate-in-27-months-at-7-38-in-december-says-cmie/articleshow/67418218.cms">India witnessed its highest unemployment rate in 27 months at 7.38% in December, says CMIE</a> <a href="https://www.businessinsider.in/big-data-and-analytics-may-be-the-hottest-sector-but-india-has-a-serious-dearth-of-data-scientists/articleshow/66860305.cms">Big data and analytics may be the hottest sector, but India has a serious dearth of data scientists</a>

India badly needs bankruptcy experts — and this course could be your ticket to a hot, new career

The Reserve Bank of India (<keyword id="30067" type="General" weightage="20" keywordseo="rbi" source="Orion">RBI</keyword>) on Thursday proposed to enhance the cap under <keyword id="11912975" type="General" weightage="20" keywordseo="e-rupi" source="Orion">e-RUPI</keyword> prepaid digital vouchers. The present cap of Rs 10,000 will be increased to Rs 1 lakh per voucher and such vouchers will be allowed to be used more than once, RBI Governor Shaktikanta Das said while announcing the latest monetary policy meeting outcome. This enhancement is expected to further facilitate the delivery of various government schemes to the beneficiaries more efficiently, he said. The e-RUPI pre-paid digital voucher developed by the National Payments Corporation of India (NPCI) was launched in August 2021, Das added. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/education/news/icai-ca-final-exam-results-announced-heres-how-to-check/articleshow/89477021.cms">ICAI CA final exam results announced — Here’s how to check</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/two-indian-cities-are-in-global-top-10-of-the-most-congested-places-to-drive-through-take-a-guess/slidelist/89476030.cms">Two Indian cities are in global top 10 of the most congested places to drive through – Take a guess</a>

RBI proposes to raise limit on e-RUPI vouchers to ₹1 lakh

<ul><li>Shares of <keyword id="6358200" type="General" weightage="20" keywordseo="jet-airways" source="Orion">Jet Airways</keyword> surged 5% today on reports that the airline is expected to resume its operations soon.</li><li>The airline has been grounded since April 2019 and is currently awaiting a bankruptcy resolution.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider.</a></li></ul>Jet Airways may resume its domestic flights the first quarter of the next financial year that starts from April 1, 2022, said reports citing the new promoters of the defunct airline as source. Shares of Jet Airways surged 5% today on reports that the airline is expected to resume its operations soon. The new owners of Jet Airways are Murari Lal Jalan, a businessman based in the United Arab Emirates, and the London-based Kalrock Capital. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Airline </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Stock price change on Sep 13 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Jet Airways </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">4.98% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Interglobe Aviation (which operates IndiGo flights) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">-1.4% </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">SpiceJet </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.79% </td></tr></tbody></table>*Share price as at 11:15 a.m The airline has been grounded since April 2019 and is currently awaiting a bankruptcy resolution. Meanwhile, one of its lenders, Punjab National Bank, which had earlier approved the resolution plan, has approached the National Company Law Appellate Tribunal (NCLAT) with an appeal against it. One of its airplanes, a Boeing B777-300(ER), which was seized in the Netherlands for unpaid dues has now been sold off. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/bpcl-beml-mishra-dhatu-nigam-and-garden-reach-shipbuilders-engineers-are-in-the-list-of-companies-that-will-be-privatised-soon/slidelist/86159110.cms#slideid=86159162">rom BPCL to BEML, four government companies to watch out for as India's Defence Minister prepares for a disinvestment meeting</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/education/news/icai-ca-final-examination-results-how-you-can-check-result-online/articleshow/86159121.cms">ICAI CA final examination results to be announced today: Here’s how you can check your result online</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/loss-making-cars24-is-worth-more-than-a-profitable-cartrade/articleshow/86158047.cms">Loss-making Cars24 is worth more than a profitable CarTrade ⁠— here’s why</a>

Jet Airways may start domestic flights after March 2022

<ul><li>Young adults, less than 30 years old, showed significant changes in their behaviour after Covid, a study says.</li><li>“They have become moodier and more prone to <keyword id="23666" type="General" weightage="20" keywordseo="stress" source="Orion">stress</keyword>, less cooperative, and trusting, and less restrained and responsible,” a study said.</li><li>According to a <keyword id="481941" type="General" weightage="20" keywordseo="who-report" source="Orion">WHO report</keyword>, there was at least 25% rise in depression and anxiety cases within young people.</li></ul>26-year-old Ishaan Bilala, who works as a senior consultant at EY, has noticed that he has become irritable and his tolerance level has severely gone down during the pandemic. Bilala was a regular young professional enjoying the perks of a corporate life at Gurgaon with his colleagues, before Covid and the lockdowns struck. Forced to work remotely, he felt that his social growth was severely impacted. “If you don’t expose yourself to people, you will become unsociable,” Bilala told Business Insider India. However, these changes have gotten better as offices have opened up, he added. We have known that Covid-19 has had a deep impact on physical and mental well-being of people. Now, evidence is emerging that it may have affected our personalities as well, especially in Gen Zs and millennials. <cmsannotation type="cmsannotation" annotationid="Younger adults turned moodier, says study" comment="subhead" text="Younger adults turned moodier, says study">Younger adults turned moodier, says study</cmsannotation> According to a study published in <a href="https://timesofindia.indiatimes.com/life-style/health-fitness/health-news/coronavirus-study-links-personality-changes-in-young-adults-to-covid-19/photostory/94615467.cms?picid=94615490">PLOS One Journal</a>, more young people have seen several changes in their personalities since the Covid pandemic. “Younger adults became moodier and more prone to stress, less cooperative, and trusting, and less restrained and responsible,” the study said. This study included more than 7,000 participants from the US, aged between 18 and 100, who were assessed before the pandemic (from 2014 onwards), early in the pandemic in 2020, and then later in the pandemic in 2021 or 2022. The researchers found significant declines in extroversion, openness, agreeableness and conscientiousness in 2021 and 2022 compared before the pandemic. Doctors too say that they have seen a significant rise in the number of people who don't want to be as social as they used to be before the pandemic. “We have seen people – who were earlier pushing themselves to meet and engage with other people – now believing in keeping only meaningful relationships as Covid-19 broke the cycle of going out and being socially active,” Dr Kamna Chhibber, a clinical psychologist and head-mental health and behavioural sciences at Fortis Healthcare, said. <cmsannotation type="cmsannotation" annotationid="Mood swings, loneliness and frustration" comment="subhead" text="Mood swings, loneliness and frustration">Mood swings, loneliness and frustration</cmsannotation> According to Dr Vachna K, consultant psychiatrist at Apollo Clinic, Bengaluru, a lot of mood swings, loneliness, frustration and poor tolerance were also observed in people during Covid. Aman Khandelwal, a 23-year-old pursuing his CA finals, said that he had started having a lot of mood swings lately. He had also noticed his concentration level had gone down significantly, affecting his preparations for his exams in November. “Before Covid, my concentration level was much higher than what it is now. And this is making me more irritated and frustrated all the time. I’ve become so moody lately and this is hampering my studies a lot,” Khandelwal said. According to a WHO report, there was at least 25% rise in depression and anxiety cases within young people in 2020, as compared to 2019. However, doctors say this is not limited to teenagers and young adults alone. “Middle-aged adults between 30-64 years also showed changes while the oldest group of adults showed no statistically significant changes in their behaviour. These changes, whether they are temporary or permanent, are not known yet,” Dr Vachna told Business Insider India. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/telecom/news/telecom-sector-to-ring-in-stability-in-q2-jio-and-airtel-expected-to-grow-stronger-vi-weaker/articleshow/94709309.cms">Telecom sector to ring in stability in Q2 – Jio and Airtel expected to grow stronger, Vi weaker</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/health/news/dengue-cases-in-bengal-shot-up-by-20000-in-a-month/articleshow/94741179.cms">Dengue cases in Bengal shot up by 20,000 in a month</a>

This World Mental Health Day, let's unlock the behavioural effects of lockdown

<ul><li><keyword id="63524" type="General" weightage="20" keywordseo="union-bank-of-india" source="Orion">Union Bank of India</keyword> has invited <keyword id="6356927" type="General" weightage="20" keywordseo="online-applications" source="Orion">online applications</keyword> for recruitment for manager positions in different profiles.</li><li>The online application process has already begun and the last to date to apply for these roles is September 3.</li><li>The bank will conduct an <keyword id="481317" type="General" weightage="20" keywordseo="online-examination" source="Orion">online examination</keyword> for the selection. The exam is likely to be held on October 9 at various centres.</li></ul>Public sector bank Union Bank of India has invited online applications for recruitment for manager positions in different profiles. There are a total of 347 <keyword id="11942758" type="General" weightage="20" keywordseo="vacancies-in-the-bank" source="Orion">vacancies in the bank</keyword>. The online application process has already begun and the last date to apply for these roles is September 3. The bank will conduct an online examination for the selection. The exam is likely to be held on October 9 at various centres — Delhi/NCR, Chandigarh, Lucknow, Kolkata, Patna, Bhubaneswar, Hyderabad, Mumbai/Navi Mumbai/Greater Mumbai/Thane, Bengaluru, Chennai, Bhopal, Ahmedabad. While applying online, candidates belonging to General/Economically Weaker Section/Other Backward Class will have to pay a non-refundable intimation fees of ₹850. Candidates belonging to Scheduled Castes (SC)/Scheduled Tribes (ST)/Persons with benchmark disability (PWBD) don’t have to pay any intimation fee. Candidates who are shortlisted or selected for personal interview will be informed through email or SMS on their registered mobile number. The bank advises all the applicants to regularly keep a track of their status on the <a href="https://ibpsonline.ibps.in/ubirscoaug21/">bank's website</a>. <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Post </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Scale/Grade </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of vacancies </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Senior Manager (Risk) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-III </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">60 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Risk) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">60 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Civil Engineer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Architect) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">7 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Electrical Engineer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">2 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Printing Technologist) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">1 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Forex) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">50 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Manager (Chartered Accountant) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">MMGS-II </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Manager (Technical Officer) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JMGS - I </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">26 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Assistant Manager (Forex) </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">JMGS - I </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">120 </td></tr></tbody><tbody><tr id="last-child" class="last-child"><td contenteditable="false" colspan="4">Edit</td></tr></tbody></table> <cmsannotation type="cmsannotation" annotationid="Eligibility criteria for each role —" comment="subhead" text="Eligibility criteria for each role —">Eligibility criteria for each role —</cmsannotation> <ul><li>Applicants must be citizens of India or subject of Nepal or subject of Bhutan or Tibetan refugee who migrated to India before January 1, 1962 or of Indian origin migrated to Pakistan/Burma/Sri Lanka/East African countries of Kenya/Uganda/The United Republic of Tanzania (formerly Tanganyika and Zanzibar)/Zambia/Malawi/Zaire/Ethiopia or Vietnam.</li></ul><ul><li>For Senior Manager (Risk) —</li></ul><ol><li>Candidates must be between 30-40 years of age.</li><li>Should have at least 5 years of experience in Credit Risk and Risk Modeling in Financial Institutions/Rating Agencies/Brokerage firms.</li><li>Masters in Mathematics or Statistics or MBA in finance (with minimum 60% aggregate marks) or CA/CS/CMA (ICWA) or should be a holder of Chartered Financial Analyst (CFA) from CFA Institute or Professional Risk Management Certification from PRIMA Institute or Certification in Financial Risk Management from Global Association of Risk (GARP).</li></ol><ul><li>Manager (Risk) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have at least 2 years of experience in Credit Risk and Risk Modeling in Financial Institutions/ Rating Agencies/Brokerage firms.</li><li>Masters in Mathematics or Statistics or MBA in finance (with 60% aggregate marks) or CA/CS/CMA (ICWA) or should be a holder of Chartered Financial Analyst (CFA) from CFA Institute or Professional Risk Management Certification from PRIMA Institute or Certification in Financial Risk Management from Global Association of Risk (GARP). </li></ol><ul><li>Manager (Civil Engineer) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum experience of 3 years in Construction/Maintenance of multistoried Commercial/Residential Buildings in Govt./Semi Govt. Dept. or institutions/Public Sector Undertakings/Listed corporate or its group companies.</li><li>Degree holder of Bachelors in Engineering (B.E)/B.Tech in Civil Engineering from a recognised university with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Architect) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum 3 years of work experience in planning, designing, supervision and execution of multi-storied commercial/institutional/residential projects.</li><li>A holder of Bachelor’s degree in Architecture from a university recognised by the Government of India with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Electrical Engineer) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have a minimum 5 years of post-qualification work experience in maintenance of HT/LT Panels, Cables, Industrial Wiring, Electrical Installation of Commercial and Residential building, DG sets, Air-Conditioning Plants, etc.</li><li>Degree holder of bachelor’s in engineering (B.E)/B.Tech in Civil Engineering from a recognised university with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Printing Technology) —</li></ul><ol><li>The candidate must be between 25-35 years of age.</li><li>Should have a minimum 3 years of experience in printing line/paper verification and possess knowledge of security features of MICR Cheque printing and different quality of papers used for MICR cheque.</li><li>A holder of bachelor’s degree in B.E/B.Tech in Printing Technology from a university recognised by the Government of India with minimum 60% aggregate marks.</li></ol><ul><li>Manager (Forex) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>Should have at least 3 years of work experience in Banking and Finance in Foreign trade Finance operations in Public/Private Sector Banks.</li><li>The candidate should be a graduate in any discipline and an MBA degree holder with specialisation in Finance/International Business/Trade Finance from a university recognised by the Government of India with minimum 60% marks in aggregate. </li></ol><ul><li>Manager (Chartered Accountant) —</li></ul><ol><li>Candidates must be between 25-35 years of age.</li><li>The candidate should have a minimum 2 years of experience as CA in a BANK/NBFC/FIs/Credit rating agency.</li><li>Should be a Chartered Accountant from an institution recognised by ICAI. </li></ol><ul><li>Assistant Manager (Technical Officer) —</li></ul><ol><li>Candidates should be between 20-30 years of age.</li><li>Should hold a Degree in Engineering in Civil/Electrical/Mechanical/Production/Metallurgy/ Electronics/Electronics &amp; Telecommunication /Computer Science/Information Technology/Textile/ Chemical etc./B.Pharma.</li></ol><ul><li>Assistant Manager (Forex) —</li></ul><ol><li>Candidates should be between 20-30 years of age.</li><li>The candidate should be a graduate in any discipline and an MBA degree holder with specialisation in Finance/International Business/Trade Finance from a university recognised by the Government of India with minimum 60% marks in aggregate.</li></ol> Candidates interested in the opportunity can seek further information <a href="https://www.unionbankofindia.co.in/pdf/DETAILS%20NOTIFICATION%20-%20ENGLISH%202021-22%20FINAL.pdf">here</a>. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/mobile/news/passengers-on-a-plane-in-us-evacuated-after-a-samsung-phone-reportedly-caught-fire/articleshow/85615792.cms">Passengers on a plane in US evacuated after a Samsung phone reportedly caught fire</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/an-indian-startup-that-builds-robots-for-farmers-raises-5-million/articleshow/85616775.cms">An Indian startup that builds robots for farmers raises $5 million</a>

Union Bank of India is seeking applications for close to 350 managerial positions —  Here are the details

<ul><li><keyword id="6357120" type="DEFINITION" weightage="20" keywordseo="paytm">Paytm</keyword> aims to garner a GMV of ₹20,000 crore in FY 2020 from its <keyword id="6355445" type="UNKNOWN" weightage="20" keywordseo="education">education</keyword> vertical. </li><li>It will offer services across payments, commerce, financial and academia to students, parents and government job aspirants.</li><li>It has already partnered with the Railway Recruitment Board, Indian Navy, IITs, IIMs, NITs and more.</li></ul>Vijay Shekhar Sharma, the Founder of Paytm truly wants it all. The leading digital payments unicorn has now set its sights on the education sector. It will offer services across payments, commerce, financial and academia to students, parents and government job aspirants. Paytm wants a piece of the ₹100,000 crore education sector pie. And believes that it can gain Gross Merchandise Volume of ₹20,000 crore in 2019-20, from education alone. The digital payments company is not just offering services for payments but many more to help students. “Right from providing details on 25,000 colleges, schools, courses and exams, our bouquet of services will include – payments (in-app and in educational centres), commerce (coaching, scholarships, test preparation, admission forms etc.) and financial services (student insurance, educational loans, easy EMI, and banking),” said Vineet Kaul, Senior Vice President - Paytm. To enable this, the company has partnered with Railway Recruitment Board, Maharashtra Public Service Commission, National Testing Agency, Indian Navy, Amity, VIT, Manipal, AKTU, Army Public Schools, Delhi Public Schools, Delhi University, IITs, IIMs, NITs, Aligarh Muslim University, AIMA, ICAI, Narayana Group, Career Launcher, Made Easy, Career360 and several others. Paytm already offers options to schools and colleges to accept fees via Paytm app. It is now hoping to bring onboard 350 million more users from 20,000 private schools, 1,000 higher educational institutes and 1,000 coaching institutes. The Indian education sector is expected to reach a size of $5.7 billion by 2020. The sector is also brimming with startups like the unicorn Byju’s, Unacademy and more. They have been raking in users, business in addition to attracting investors.

Paytm education will help students and government job aspirants with education loans and coaching

India has millions of job seekers entering the workforce every year and hundreds of search engines.Every week, Business Insider collates some interesting vacancies in marquee companies. This week we have a bunch of openings shortlisted for freshers with either an MBA or those who have cleared Chartered Accountant's exam this year. Here a few of those opportunities for interested candidates. 1. Genpact 
 <div type="image" title="genpact china_wikipedia" msid="70987559" hostid="261" caption="&amp;lt;p&amp;gt;Genpact office, China&amp;lt;/p&amp;gt;"></div>



 Position: Data Quality Analyst Location: Not specified Experience: Fresher Eligibility: B.com / MBA Finance Genpact is hiring full-time Data Quality Analyst. The job’s responsibilities include analysing data — Credit Review, Underwriting, Origination, Cash Flow Analysis, Key Ratio Analysis, Narrative writing. It will also include quality check, dashboard reporting and analysing results. To apply for the job, the candidate should be flexible for any shifts and should have experience in MS Excel and Visual basic. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1432836948/">here</a>. 2. Nestle 
 <div type="image" title="nestle_wikimedia" msid="70987566" hostid="261" caption="&amp;lt;p&amp;gt;&amp;lt;sub&amp;gt;Wikimedia&amp;lt;/sub&amp;gt;&amp;lt;/p&amp;gt;"></div>



 Position: Finance and Control Probationer Location: PAN India Experience: Fresher Eligibility: CA qualified in May 2019 Nestle is hiring Chartered Accountants from May 2019 batch. The candidate will be working in the financial and control department of the company. The selected candidates will have to go through a training programme. After which, they will be placed across locations, depending on the business requirements. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1412946414/">here</a>. 3. McKinsey &amp; Company 
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 Position: Research Analyst Location: Gurgaon Experience: 3-12 months Eligibility: MBA in Finance or Master’s in Economics The applicants should have experience three months to one year of experience in equity houses, M&amp;A advisory, investment banks, banking research firms or corporate banking roles. The selected candidates will work in McKinsey Knowledge Center in the Panorama Financial Institutions and Insights consulting (PFIC), Gurgaon. The candidates must have analytical and quantitative skills along with strong understanding of banking concepts. The role will include primary and secondary research and producing financial models. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1414347889/">here</a>. 4. Deloitte 
 <div type="image" title="FILE PHOTO: Offices of Deloitte are seen in London" msid="70987578" hostid="261" caption="&amp;lt;p&amp;gt;Offices of Deloitte are seen in London, Britain, September 25, 2017. REUTERS/Hannah McKay/File Photo&amp;lt;/p&amp;gt;"></div>



 Position: Operational Risk Advisory Location: Not specified Experience: Freshers Eligibility: CA / MBA and one of the certifications - CFE, CPA, CIA, CISA Deloitte is hiring freshers for its Operational Risk Advisory team. The role includes risk assessment, process assessment activities. The selected candidates will be responsible for conducting internal audits, performance testing and analysis. Candidate should have knowledge of Extended Enterprise Risk Management (EERM) and Operational Risk Management (ORM). Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/1421238311/">here</a>. 5. Aon 
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 Position: Benefits Processor Location: Gurgaon, India Experience: Fresher Eligibility: Master’s in Business Administration Aon is hiring MBA freshers for Benefits Processor role. The job’s responsibilities includes process and tool training and implementing solutions. It will also include client interaction and reporting. To apply for the job, the candidate should have experience in MS Excel and strong communication skills. Interested candidates can apply <a href="https://www.linkedin.com/jobs/view/benefits-processor-mba-fresher-at-aon-1448130901/">here</a>.

Check out these latest job openings for MBA freshers and Chartered Accountants

50 Black women have been killed by the police since 2015. Most of the officers who shot them didn't face consequences.

Daniel Barry / Stringer / Getty Images<ul class="summary-list"><li>Bank of America's wealth management arm is expanding the scope of its training programs, opening up development resources to its 6,500 client associates.</li><li>The changes around client associates' training, which will fully roll out in February, underscore the wealth management industry's sweeping efforts to attract and retain talent.</li><li>"There have been development programs in place," Andy Sieg, the head of Merrill Lynch, told Business Insider in an interview. "But one of the areas of feedback we've heard from our client associates in the last couple of years is that as the business has grown more complicated in the last two decades, our development programs haven't kept pace." </li><li><a href="https://www.businessinsider.com/prime">Visit BI Prime for more wealth management stories</a>.</li></ul>Bank of America's $2.6 trillion wealth management arm is expanding the scope of its training programs by opening up development resources to its roster of 6,500 client associates.Client associates are salaried employees who support financial advisers, typically more than one at a time. For instance, they assist advisers with client inquiries on a transaction's status, clarifying something from a statement that a client didn't understand, or helping a client follow through on a mortgage application.They're "the glue that brings everything together," Andy Sieg, the head of <a href="https://www.businessinsider.com/category/merrill-lynch">Merrill Lynch</a>, told Business Insider in an interview. "There have been development programs in place," Sieg said. "But one of the areas of feedback we've heard from our client associates in the last couple of years is that, as the business has grown more complicated in the last two decades, our development programs haven't kept pace."Client associates (CAs) will now have access to specialized training through <a href="https://www.businessinsider.com/category/bank-of-america">Bank of America</a>'s onboarding and talent development body, known internally as the Academy, aimed at client-facing employees across business lines.CAs do not directly manage clients' assets, though some 55% of staffers in that role have passed securities licensing exams like the Series 7 and Series 66.A CA may also be an employee who did not pass all the hurdles of Merrill's rigorous financial adviser trainee program, but they could still become a full-fledged adviser down the line.Merrill LynchAndy Sieg has helmed Merrill Lynch since 2017.The changes around client associates' training, which will fully roll out in February, underscore the <a href="https://www.businessinsider.com/category/wealth-management">wealth management industry</a>'s efforts to attract and retain young talent in a historically tight US labor market. The war for talent playing out across the big business of managing money is particularly acute as a wave of advisers are <a href="https://www.businessinsider.com/bank-of-america-merrill-lynch-wealth-management-changes-2019-11">expected to retire</a> in the coming years, according to industry research firm Cerulli Associates.Cerulli also found that wealth managers are broadly ill-equipped to train up new advisers. Merrill Lynch's expanded client associate coaching is one way to better train up relatively junior staffers and free up financial advisers to up productivity - a focus for big wealth managers seeking to boost margins who want FAs to focus on more than just portfolio construction. "We try to use simulators that help them practice on the technology, which we feel like is a much more productive and efficient way to get people up to speed on the systems that we use," John Jordan, managing director and head of Bank of America's Academy program, told us in an interview.Through the expanded development, instructors will train up client associates around areas like more granular aspects of financial planning and investment management. The Academy has more than 230 dedicated managers around the US, and Jordan estimates some 45,000 employees will go through that group's training - across business lines, including the private bank - this year.<h1>Changing roles mirroring a changing industry </h1>Merrill Lynch, for its part, has already made efforts to sweeten the pot for trainee hires. We <a href="https://www.businessinsider.com/andy-sieg-merrill-lynch-financial-adviser-trainee-hiring-salaries-2019-10">first reported in October</a> that the wealth manager, among the largest in the US by client assets and number of advisers, raised trainee financial advisers' starting salaries by $10,000 to $65,000.It had also deployed 75 performance managers around the country to coach trainees, tracking goals and metrics like how many meetings they have with potential clients. The CA's widening scope also highlights financial advisers' evolving roles across the industry, from sole stock-picker to a more all-encompassing financial planner working on a team, Sieg said.CAs may resemble more of a senior relationship manager, or a junior financial adviser."As part of this new training curriculum, we're also trying to have training programs that match this increased level of specialization that we see for CA's within our most modern and fastest-growing teams," he said.REUTERS/Vivek Prakash Bank of America's global wealth and investment management unit reported record client balances of $3 trillion as of December 31. Merrill Lynch, which is housed under that umbrella, reported record client balances of $2.6 trillion.Wealth managers at the largest US banks, like Merrill Lynch and rivals like <a href="https://www.businessinsider.com/morgan-stanley-cfo-on-shareworks-user-conversion-to-wealth-clients-2020-1">Morgan Stanley Wealth Management</a> and Wells Fargo Advisors, have booked broad-based rises in client asset levels <a href="https://markets.businessinsider.com/news/stocks/sp-500-2019-annual-return-for-year-best-since-2013-2019-12-1028790061?">as the stock market soared</a> in 2019. Merrill Lynch meanwhile has stopped specifying in earnings reports the number of full-fledged financial advisers who operate under the Merrill banner. It now counts advisers and financial solutions advisers, who assist clients who use Merrill Edge digital products, together.Of that group overall, the firm reported 17,458 advisers as of December 31, marking a 1% drop from the quarter prior that it attributed largely to "seasonally lower hiring in our training program." <a href="https://www.businessinsider.com/intelligence/10-up-and-coming-fintechs-2019?IR=T&amp;itm_source=businessinsider&amp;itm_medium=ctgr_bii&amp;itm_term=ctgr_leadgen&amp;itm_content=finance&amp;itm_campaign=10-up-and-coming-fintechs-2019-2"></a> <h3>NOW WATCH: <a href="https://www.businessinsider.com/tesla-tuner-shop-custom-model-x-2019-12">The world's first Tesla tuning shop creates super exclusive special edition Model X</a></h3>

Merrill Lynch is about to launch a new training program for 6,500 client associates - and it shows how the role of full-fledged financial adviser is quickly changing

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