Banks general
British business, banking lobbies hit out at possible ring fencing of retail, investment arms
31 Aug 2011
RBI bars realty, broking firms from setting up banks
29 Aug 2011
All private entities owned by residents, except realty and broking firms, can apply for new bank licences provided they follow a holding company model and get themselves registered with the RBI as a non-banking finance company.
ABN AMRO to cut 2,350 jobs
26 Aug 2011
Fake currency in circulation declines marginally
26 Aug 2011
Farmers paying 14% for 7% loans: NABARD study
25 Aug 2011
UBS to axe 3,500 jobs to cut costs
23 Aug 2011
US Fed secretly lent $1.2 trillion to top banks during crisis
23 Aug 2011
Fed chairman Ben Bernanke secretly advanced as much as $1.2 trillion of public money to top US and European banks, dwarfing the $160 billion in public bailouts.
Bank of America axes 3,500 jobs
19 Aug 2011
SBI hikes lending rates by 50 basis points
11 Aug 2011
RBI issues draft guidelines to banks for calculating credit risk based on internal rating
10 Aug 2011
HSBC to sell US credit card, retail services to Capital One for $2.6 billion
10 Aug 2011
The deal is Capital One's second acquisition in recent months after it agreed in June to buy ING's US online bank for $9 billion in a cash and stock deal.
RBI to ensure liquidity in domestic markets
08 Aug 2011
RBS posts $2.3-bn H1 loss
06 Aug 2011
RBS became the latest European bank to take a hit after two of France's biggest banks, Société Générale and BNP Paribas, disclosed large charges on their Greek debt exposure this week.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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