For decades, General Electric (GE) was not just a manufacturing giant—it was the premier training ground for top corporate talent. Its Crotonville campus was renowned for producing executives who went on to lead Fortune 500 companies. But with GE’s decline and the closure of Crotonville in 2022, a new question emerged: where will tomorrow’s CEOs come from? (Source: Bloomberg)
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,