Banks general
Vijay Mallya offers to return as ED moves to confiscate his assets
25 Jul 2018
Beleaguered tycoon Vijay Mallya’s change of heart comes after the Enforcement Directorate moved to confiscate his assets in India and abroad under the Fugitive Economic Offenders Ordinance
Banks, FIs sign inter-creditor pact to fast-track NPA resolution
24 Jul 2018
As many as 22 public sector banks, 19 private and 32 foreign banks as well as financial institutions, including LIC, HUDCO, PFC and REC, signed the inter-creditor agreement to fast-track resolution of stressed assets
Bandhan Bank Q1 net rises 47.5% to Rs481.7 cr
19 Jul 2018
Govt drops FRDI bill citing public anxiety over bank deposits
18 Jul 2018
The bill, drafted in the backdrop of mounting bad loans with state-run banks, unnerved depositors as the bill proposed to limit insurance cover for bank deposits
Russia, India look for ways to smoothen forex dealings amidst US sanctions
06 Jul 2018
Since all Indo-Russian transactions are denominated in US dollars, Indian banks are reluctant to process them fearing loss of American and European businesses
Jaitley calls for graft law changes to stop witch hunt of bankers
04 Jul 2018
Arun Jaitley, who has become the first one from government to speak on the issue of abuse of law, said the Prevention of Corruption Act , a pre-1991 piece of legislation, was one of the most badly drafted laws and needed changes
RBI to penalise erring bank auditors
30 Jun 2018
RBI sees banks’ bad loans rising up to 12.2% in FY19
27 Jun 2018
In the worst case scenario, the bad loan ratio could rise up to 13.3 per cent by the end of the current financial year, ie, anywhere between Rs12,20,000 crore and Rs13,30,000 crore, RBI stated in its Financial Stability Report
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Featured articles
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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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