Banks general
India, Iran to open fresh oil payment channels
05 Jan 2011
The country needs Iranian oil, yet cannot risk the wrath of the US. Both India and Iran are seeking ways out of the dilemma
Fixed deposits look up as banks hike rates again
05 Jan 2011
Bank of America takes a $3-billion mortgage settlement charge
03 Jan 2011
The financial losses along with the lost computer data could cause a reputation crisis for the bank
Bank loans become costlier from today
03 Jan 2011
RBI to probe Citibank fraud
01 Jan 2011
The Reserve Bank of India has said it has initiated a probe into the Rs300 crore fraud at a Citibank branch where customers were duped into investing in a fraudulent scheme set up by a bank executive.
SBI to raise Rs10,000-crore in FY11-12
30 Dec 2010
Pope wants clean banking to curb money laundering at the Vatican
30 Dec 2010
The Pope will bring in a new Vatican legislation that will be aimed at preventing money laundering and terror financing, the paper said.
Citibank exec nabbed for Rs100-cr con job
29 Dec 2010
Ireland nationalises Allied Irish Banks, injects €3.7 bn
24 Dec 2010
The high court has ordered AIB to delist its shares from the main securities market of the Irish Stock Exchange (ISE) as well as the London Stock Exchange, and apply for listing in the junior enterprise securities market of ISE
RBI sets 80 per cent cap on all housing loans above Rs20 lakh
23 Dec 2010
The risk weight for residential housing loans of Rs75 lakh and above has been raised to 125 per cent of the value to prevent excessive speculation.
RBI may ease norms for banks lending to MFIs
23 Dec 2010
RBI boosts banks' liquidity; leaves rates unchanged in mid-term review
16 Dec 2010
RBI expects a one percentage point reduction in banks' reserve requirements together with the open market purchase of bonds to inject Rs48,000 crore into the banking system
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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