Banks general
PIN system inventor made no money from his idea
02 May 2016
New bankruptcy code to speed up loan recovery
02 May 2016
Infosys launches blockchain platform to allow banks to simplify complex transactions services
28 Apr 2016
Reform banking laws to prevent loan defaults, SC tells govt
27 Apr 2016
The Supreme Court has asked the government to “reform” the banking regulations to prevent huge write-offs of bad loans and also to ensure that loan defaulters cannot run away without repaying
Banks in India have $178 bn of risky corporate debt: BNP Paribas
20 Apr 2016
India’s banking system is the worst in Asia in terms of stressed assets, with $178 billion worth of corporate credit or 16.1 per cent of total bank credit at risk of default, says a report
Onus of bad loan on borrower: Raghuram Rajan
20 Apr 2016
Court issues non-bailable warrant against Vijay Mallya
18 Apr 2016
Mallya, however, is just one of the many wilful defaulters in India’s stress-ridden banking sector where 27 public sector banks had written off about Rs1,14,000 crore of bad loans in fiscal year 2012-15
BRICS bank okays $811 mn in first green loans
16 Apr 2016
Top US banks given 6 months to ready disaster plans
14 Apr 2016
To prevent a repeat of the 2008 meltdown, US regulators have given the country’s top five banks – JPMorgan Chase, Bank of America, Wells Fargo, Bank of New York Mellon and State Street Bank – six months to get their disaster plans in shape
If not defaulters’ names, disclose amounts, SC tells RBI
12 Apr 2016
The Supreme Court expressed concern over farmers being forced to commit suicide over small loans when people with large loans declaring insolvency and then taking more loans from other sources
Goldman Sachs to pay $5.06 bn to settle securities fraud charges
12 Apr 2016
Goldman Sachs, Wall Street's most profitable bank, which had earlier vigorously denied of any wrongdoing in the securities fraud case, is still paying far less than the hefty $13.3-billion imposed on mortgage giant JPMorgan
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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