In any event, the government loses much of its management flexibility in the bargain.

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Her focus is finding the business benefits of flexibility and training both management and employees to deal with the cultural changes needed to make it work.

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The trade-off between flexibility and firmness has been a long-running subject of management discussion.

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The preservation of employment, for instance, impairs management flexibility to adjust inputs to changing market conditions, and its ability to explore new business opportunities.

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It will also enable Bancorp to leverage its current BIN Sponsorship and Program Management Platforms for a wider set of European Payment solutions and offer enhanced products, flexibility, capability, and scalability.

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India is in "a sweet spot right now, " given where the yields are in the rest of the region and the flexibility the central bank has to cut, said Thomas Kemmsies, head of fixed income at Nomura Asset Management Deutschland KAG in Frankfurt.

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