Banks general
RBI advises banks to store CCTV data for scrutiny
13 Dec 2016
Briefing the media on Tuesday, Reserve Bank of India deputy governor SS Mundra said banks had collected around Rs12,44,000 crore in demonetised notes between 8 November and 10 December
Bank staff caught in note exchange racket in sting operation
13 Dec 2016
Reports say the finance ministry has received over 400 CDs of sting operations showing how the old notes from police officials, pimps and the influential were exchanged with the help of bank staff
I-T scrutiny for fake bank accounts continues after Rs100 crore found
10 Dec 2016
The seizures of unaccounted cash, including the new notes in Rs2,000 denomination, point to connivance of bank officials in black money dealings
MPC keeps RBI’s repo rate unchanged at 6.25%
07 Dec 2016
The Monetary Policy Committee at its second meeting ended on Wednesday decided to keep the policy repo rate under the liquidity adjustment facility unchanged at 6.25 per cent despite mounting deposits with banks
Your Visa card could be hacked in 6 seconds, find researchers
03 Dec 2016
Researchers say that the "distributed guessing attack" circumvents all the security features put in place to protect online payments from fraud
RBI’s 4-fold hike in cash supplies fails to ease payday rush
01 Dec 2016
The cash shortage continued to persist at bank branches on Thursday, despite the RBI scaling up printing and supply of Rs500 notes to ease the discomfort brought about by Rs2,000 notes
RBI caps monthly withdrawals from Jan Dhan accounts at Rs10,000
30 Nov 2016
Deposits in the 250 million-odd Jan Dhan accounts stood at Rs72,834.72 crore as of 23 November against Rs45,636 crore on 9 November
Prem Watsa’s Fairfax Financial close to buying controlling stake in Catholic Syrian Bank
28 Nov 2016
No dearth of cash, says RBI governor but urges people to go digital
28 Nov 2016
RBI has asked scheduled banks to maintain an incremental CRR of 100 per cent, effective the fortnight beginning 26 November 2016, till RBI reviews monetary policy on 9 December
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