Banks general
SBI to stay trim post-merger to cut costs
27 Mar 2017
SBI plans to shut down 47 per cent of associate banks' offices post-merger and reduce its workforce by 10 per cent over the next two years
Vijay Mallya to be extradited, UK court may issue arrest warrant
24 Mar 2017
The British government has certified India's request for loan defaulting liquor baron Vijay Mallya's extradition and a UK court is considering issuing warrant for the same, an MEA spokesman said
UK banks under fire for helping launder Russian mafia money
21 Mar 2017
HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks that are facing scrutiny on what they knew about the ‘Global Laundromat’ scheme and why they did not turn away suspicious money transfers
Bharatiya Mahila Bank tobe merged with SBI
21 Mar 2017
Arvind Subramanian says bad debt is esential part of capitalist system
15 Mar 2017
The concept of a bad debt is not altogether a bad idea and, in a capitalist system, even big corporates get trapped in bad loans, at times needing government bailout
ICICI Bank, SBI, StanChart top bank frauds list
14 Mar 2017
Private banks to charge Rs150 per cash transactions after four per month
02 Mar 2017
Banks will levy a service tax in addition to the Rs150 transaction fee, besides a fee of Rs5 per Rs1,000, and restrict cash transactions at Rs2 lakh per account per month
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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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