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Tag: stress

Tourists are flocking to see fireflies, putting new stress on vulnerable ecosystems

Tourists are flocking to see fireflies, putting new stress on vulnerable ecosystems

Science
March 11 (UPI) -- Every year, more than a million people travel to watch fireflies and their luminous mating rituals. Firefly tourism, it turns out, is trending. Wildlife tourism has benefits, injecting cash into local economies and raising awareness about environmental problems, but tourism can also put pressure on already vulnerable ecosystems. Advertisement Without stronger protections for firefly beetles, the authors of a new paper -- published Thursday in the journal Conservation Science and Practice -- warn firefly tourism could wipe out local populations. "Firefly tourism has long been popular in countries like Japan, but it's really only started to skyrocket in places like India, the U.S. and Mexico in the past decade or so," lead author Sara Lewis, professor of biology at Tufts U...
Deposits of public sector banks surge amid pandemic stress

Deposits of public sector banks surge amid pandemic stress

Finance
Kolkata: Deposits for public sector banks (PSBs) grew at a higher pace than usual despite their lower deposit rates and amid stress on a few private banks. Term deposit mobilisation of public sector banks quadrupled but it decelerated sharply for private banks, the Reserve Bank of India said. For the banking sector as a whole, term deposits – contributing almost 60% of total deposits – moderated, reflecting the easing of interest rates and the lure of returns on competing asset classes. Foreign banks aggressively raised low-cost current and saving account (CASA) deposits, although their share in total deposits is low. “During 2020-21 so far, deposits with PSBs grew at a higher pace than usual, partly reflecting perception of their safe-haven status,” RBI said in its report on Trend & P...
SBI launches e-facility for restructuring of retail loans for borrowers affected by Covid-19 stress

SBI launches e-facility for restructuring of retail loans for borrowers affected by Covid-19 stress

Finance
Mumbai: The country's largest lender State Bank of India (SBI) on Monday said it has launched a facility on its website to help retail customers check their eligibility for one-time loan restructuring announced by the RBI. Last month, the Reserve Bank of India (RBI) had announced a one-time restructuring scheme for personal loan and corporate borrowers affected by COVID-19 stress. "We thought instead of people actually visiting our branches, we can provide this tool and they can initially check their eligibility," the bank's managing director (retail & digital banking) C S Setty told reporters. An eligible customer, however, will have to later visit the bank's branch for completion of other formalities such as signing of papers and others, he said. The bank's retail customer will be as...
Distancing, less physical activity during pandemic cause stress, anxiety to soar

Distancing, less physical activity during pandemic cause stress, anxiety to soar

Health
Aug. 13 (UPI) -- Anxiety and depression have been widespread during COVID-19 lockdowns this spring, due in part to social distancing and a decline physical activity, two surveys published Thursday showed. In the first survey, published by PLOS ONE, 42% of identical and same-sex fraternal twins reported declining physical activity levels in March during the early stages of the new coronavirus outbreak in the United States. Advertisement The lack of physical activity, along with genetic and shared environmental factors, might have contributed to increased stress levels among the twins, but raised anxiety among the participants could not be directly attributed to their reduced physical activity, the researchers said. In the second survey, released by the U.S. Centers for Disease Control and ...
Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress

Microfinance lenders aim at repayment collection, restoring credit cycle amid rising stress

Finance
KOLKATA: Microfinance firms and small finance banks are desperately looking to boost repayment collection to revive cash flow and resume loan disbursement to restore normalcy in credit cycle even as the Reserve Bank of India extended moratorium on payment till August 31 for borrowers under stress. The prime concern expressed by microfinance leaders now is that the extended moratorium might increase stress and derail the robust credit discipline that they nurtured over the years. "It's a disaster," said a chief executive of an MFI. "Many of the borrowers may not able to service loans after the six month of repayment holiday." Merely about 15% borrowers have shown willingness to start repayment till the third week of May, people familiar with the matter said. Repayment rates were down to 12...