Banks general
RBI keeps policy rates unchanged
09 Aug 2016
RBI governor Raghuram Rajan, whose three-year term ends on 4 September, said he expected a spike in inflation, on the back of a hike this year in the salaries of millions of government employees and sticky core inflation
RBI issues final guidelines for ‘on tap’ licensing of private banks
01 Aug 2016
RBI said large industrial companies will only be allowed to invest up to 10 per cent in banks, and will not be eligible to set up banks
ICICI Bank Q1 net falls 25% to Rs2,232 cr
30 Jul 2016
ICICI Bank’s gross bad loans as a percentage of total loans were 5.87 per cent in the April-June quarter, compared with 5.82 per cent in the previous quarter, as pressure on asset quality continued
Bank staff strike work to protest mergers, privatisation and rising NPAs
29 Jul 2016
The bank unions are against the government's decision to allow State Bank of India to merge its associate banks with itself
Bitcoin is not money, can’t be ‘laundered’, rules US judge
27 Jul 2016
In a case that the judge herself described as ‘fascinating’, a circuit court threw out a case built by Miami police against a bitcoin trader, ruling that the virtual currency is not money and therefore technically can’t be used for ‘money-laundering’
Kotak Mahindra Bank Q1FY17 net profit soars 290%
23 Jul 2016
Govt infuses Rs22,915 cr in 13 PSU banks; SBI gets Rs7,575 cr
19 Jul 2016
The capital infusion has been necessitated because of bulging bad loans that have left an Rs80,000-crore hole in India's banking system, which hit economic activity as lenders refused to expand credit
Unified payment system will take off soon: RBI governor
18 Jul 2016
The Unified Payment Interface will herald a unified payment system for the whole country and in the process will also help promote cashless transactions
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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