Banks general
Cash crunch unabated, supply cut in Rs2,000 notes blamed
19 Apr 2018
Currency is becoming scarce as the supply of Rs2,000 notes has reportedly been stopped, leaving most ATMs to operate at below 50 per cent capacity; and bankers have put the blame squarely on the RBI
ATMs run dry in many states; Jaitley vows quick response
17 Apr 2018
The RBI fears people may once again have started hoarding cash, as the currency in circulation has not increased much since the demonetisation of November 2016, despite growth in the economy
Kotak Mahindra overtakes SBI as the second-most valuable bank by market cap
17 Apr 2018
Private-sector bank Kotak Mahindra Bank has overtaken SBI to become the country’s second-most valuable bank
Jaypee promoters move SC as bids halve valuation
16 Apr 2018
Lakshadweep Pvt Ltd, a joint venture of Sudhir Valia-led Suraksha Asset Reconstruction Company and Mumbai-based Dosti Reality, is reported have bid Rs7,350 crore for Jaipee’s assets against its market valuation of around Rs16,000 crore