Banks general
CBI files case against Mumbai co-op bank officials for ‘fraud’
24 Dec 2016
The CBI has registered cases against four officials, including the manager and two workers of the Pimpr-Chinchwad and Ghatkopar branches of a co-op bank which has links to Maharashtra minister Pankaja Munde
Deutsche Bank to pay $7.2 billion to close US mortgage probe
23 Dec 2016
Swiss lender Credit Suisse Group AG, meanwhile, announced that it had settled a related probe with the US Department of Justice for $5.28 billion
Italy plans $21-bn bailout of banks as investors snub Paschi
23 Dec 2016
Under the recapitalisation plan, a major part of the holdings of these banks’ government bonds will be converted to equity, in what would be a partial nationalisation
Card transactions rise in November, but value drops: report
22 Dec 2016
The use of debit and credit cards fell to a nine-month low in value terms last month, which is a sharp decline of 31 per cent over October, says an SBI report
RBI lifts limits on deposits of banned notes
21 Dec 2016
The question whether multiple deposits can be made till 30 December that people with huge cash hoards are asking remains unanswered
Farmers get 60 days more for crop loan repayment
21 Dec 2016
Amid growing digitisation, India must gear up for cyber threats: report
20 Dec 2016
With India logging into the digital world as it seeks to become a less-cash economy, the threat of data breaches looms over both public and private enterprises
RBI limits old note deposits of over Rs5,000 to once till 30 Dec
19 Dec 2016
Deposits of demonetised currency notes in excess of Rs5,000 into a bank account will be received for credit only once during the remaining currency swap period, ie, till 30 December 2016, RBI said
Govt to Aadhaar-link all savings bank accounts in digital push
17 Dec 2016
Aadhaar linking of primary bank accounts, which will help cashless transactions at the grassroots level, would also benefit those who do not have a mobile phone connection at present
Cash crunch could end by February '17: report
15 Dec 2016
Cash disbursement to the public could touch Rs14 lakh crore by the second week of February — or over 90 per cent of the amount withdrawn from the system on 8 November
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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