Banks general
India contributes a fifth of StanChart's global operating profit
05 Aug 2010
StanChart's profit from its Indian operations rose 19 per cent to $624 million against an 11 per cent fall in profit from its Hong Kong operations to $511 million.
Stressful time all round
27 Jul 2010
"Are Europe’s banks really okay? I think I know the answer to that - yes, they are strong and getting stronger - but the truth is, even after all the song and dance over the stress tests, who knows?" By CNN anchor / correspondent Richard Quest, in his exclusive column on domain-b
RBI surprises with 0.5% reverse repo hike
27 Jul 2010
The Reserve Bank of India (RBI) has been very cautious in its approach to the monetary policy so that growth prospects are not affected much. By Manjunath Gaddi, research analyst, Fundsupermart.com
RBI hikes short-term rates to beat down inflation
27 Jul 2010
The increase in short-term lending rate (repo) to 5.75 per cent and short-term borrowing rate (reverse repo) to 4.5 per cent will be effective immediately.
Chinese banks may write off nearly $253-bn in bad loans
27 Jul 2010
During the onset of the global recession Chinese banks went on an unprecedented lending spree despite warnings from top economists that many of these loans may go bad
Europe's banking sector clears stress tests
24 Jul 2010
All the biggest European banks passed the CEBS stress test with seven small, unlisted government-controlled banks failing in results that were broadly as anticipated by experts.
State Bank of India raises $1 billion in overseas bonds
23 Jul 2010
The bonds will be issued through SBI's London branch as of 27 July 2010 and would be listed on the Singapore Stock Exchange
MUFG eying to buy more banks in the US
23 Jul 2010
PFC mulls acquisition to get bank status after new RBI norms
23 Jul 2010
State-owned Power Finance Corporation looking into the possibility of converting itself to a bank following RBI norms on banking licences for corporates
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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