Banks general
RBI introduces Rs200 denomination banknote
24 Aug 2017
Govt moves to speed up mergers of state-run banks
23 Aug 2017
The union cabinet has given in-principle approval for public sector banks to amalgamate through an Alternative Mechanism (AM), under which the decision will come from the bank boards
Strike hits banking operations nationwide
22 Aug 2017
Jaitley unsure about the effectiveness of new NPA resolution mechanism
19 Aug 2017
While speed is the essence of the success of bankruptcy procedures, Jaitley said the Bankruptcy and Insolvency Code is meant to safeguard the health of both the borrower and the lender
SBI staff count down 6,622 in fiscal first quarter
16 Aug 2017
While 7,247 employees exited the bank in the first quarter of FY18, CBI added about 625 personnel in the first quarter, reducing the total headcount to 2,73,181
SBI first-quarter net profit falls 20.4% to Rs2,006 cr
12 Aug 2017
Profit on the consolidated banks' accounts rose 435 per cent to Rs2,006 crore, from Rs374 crore net a year earlier, chairman Arundhati Bhattacharya told reporters
NCLT admits insolvency petition against Essar Steel
03 Aug 2017
The Ahmedabad bench of the NCLT rejected Essar Steel’s plea to dismiss the insolvency proceedings and ordered the appointment of the SBI-nominated Satish Kumar Gupta as the Interim Resolution Professional
RBI cuts repo rate by 25 bps to 6% as industry slackens
02 Aug 2017
RBI said that despite the demonetisation drive, surplus liquidity conditions persisted in the system, exacerbated by front-loading of budgetary spending by the government
SBI cuts rates on savings accounts below Rs1 cr to 3.5%
01 Aug 2017
The 50 basis point reduction in deposit rate has become necessary following the reduction in lending rates, especially in agriculture and affordable housing, SBI stated
Latest articles
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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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