Discover and read the best of Twitter Threads about #banker

Most recents (4)

IIM Kashipur is glad to welcome Mrugank Paranjape, MD & CEO of NCDEX e Markets Limited, as the chief guest of our 10th convocation, to be held on April 29, 2023. Image
Mr Mrugank is also the Non-Executive Independent Director in the Central Board of the State Bank of India, the Chair of the Board of the Mumbai School of Economics and public Policy, and a Trustee on the Board of Sewa International.
As the MD & CEO of the Multi Commodity Exchange of India (MCX), he was instrumental in the resurgence of MCX following its troubled legacy and re-established the brand as well the leadership position of the Exchange till 2019.
Read 7 tweets
Stochastic and Deterministic LGD Loss Given Default Models are different.
Many bankers are unable to understand the different mathematical assumptions that can make the computations.
That is a big risk per se!
@BIS_org
#model #Risk #Validation #Creditrisk #FRM
#MachineLearning
What is a hazard rate assumption?
How can credit risk be modelled using hazard rates?
This is beyond an average #banker.
Most primal bankers only understood the 5 or later the 7Cs of credit.
Accounting, cashflows, creating a charge on assets, foreclosure, special asset mgmt, etc
Actually, Quantitative Risk Management has not helped at all, in my opinion.
Blindly applying maths and statistics has made decision-making worst.
Banking was about relationship mgmt, business model analysis, accounting trickeries, branch operations, etc
Now it's like a lab work
Read 4 tweets
1/12
Separating the #men from the #boys
Here is a #PubMed #indexed, #Elsevier published #journal reporting '#exclusive' #treatment of #covid19 through #Ayurveda leading to full recovery in a #patient. Great #news right?! No. The #proof of the #pudding is in the eating! Spoons out
2/12
The #journal. Its legit, 'becoz' its publishd by #Elsevier. Journal ownd by World Ayurveda Foundation & Trans-Disciplinary Univ, #Bengaluru. 4mer, a 4-men 'world foundation'[bit.ly/3is0CdR], latter @TDUFRLHT founded @sampitroda, vettedby likes of @kiranshaw
3/12
The study - 43yr old #newyork #banker develops fever,cough durng peak #COVID season, 'PRESUMED' to be #coronavirus. Self #Quarantine at #home, phone calls #ayurvedic #Doctors at #Chennai, #india, offer☎️ treatmnt until fever break, therby reporting #covid19 cure via Ayurveda
Read 13 tweets
@dan_azzi was so successful in servicing #Iranian customers in #Dubai dodging sanctions, @StanChart promoted him for their #Hezbollah customers in #Lebanon. This is why Dan has never criticized #Hezbollah or the #Taliban. He's a #terrorist banker for hire.
buzzfeednews.com/amphtml/richho… ImageImageImageImage
Further evidence @dan_azzi was complicit in #moneylaundering for #terrorists. The reason he sold @StanChart in #Lebanon is because of @BDL_Lebanon compliance in #FATCA which prevented CEO Dan in washing #Hezbollah money. Now you know why he hates @RiadSalemeh so much.
#FinCEN ImageImageImageImage
Read 7 tweets

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