Banks general
RBI announces new norms for banks to set lending rates
18 Dec 2015
Under the new rules, banks must set their lending rates every month on the basis of their marginal cost of funds, which will be based on the rate offered on new deposits
SC slams RBI, banks for covering up malpractices
17 Dec 2015
The Supreme Court said the Reserve Bank of India cannot withhold information on defaulters and other issues covered under the RTI Act under the guise of fiduciary relationship
Banks, insurance firms woo venerable India Post
08 Dec 2015
RBI may allow market-linked pricing of loans
07 Dec 2015
The move to allow computation of banks' base rates on the basis of marginal cost of funds is expected to benefit new customers in the next financial year
Five major UK banks pass BoE stress tests
02 Dec 2015
Five major UK banks pass BoE stress tests
02 Dec 2015
RBI keeps rates unchanged; says banks have enough leeway now
01 Dec 2015
In order to smoothen the path for banks to cut lending rates, RBI said, it will shortly finalise the methodology for determining the base rate based on the marginal cost of funds, which all banks will move to
HSBC whistleblower Falciani sentenced to 5 years’ jail
28 Nov 2015
Falciani, who leaked details of bank account holders in the Geneva branch of HSBC, which subsequently also reached India, has been charged with industrial espionage
HSBC to wind up private banking unit in India
27 Nov 2015
The rising number of millionaires in the country simply did not translate into profits for HSBC as its high-paid wealth managers failed to cash in by managing those riches
ATM cash heist foiled, van driver nabbed
27 Nov 2015
Lloyds Bank to axe 1,000 jobs to cut costs
27 Nov 2015
Last year, the bank said it would close up to 150 branches and cut around 9,000 jobs, as part of a three-year strategy to make the business simpler and more efficient
Banking sector poised to see interesting times
25 Nov 2015
With in-principle approval given to 21 new niche banks, and the PM’s Jan Dhan Yojana scheme, the Indian banking sector is poised for a shake-up, and inclusive banking has been given a boost. But banks will have to be nimble and make good use of technology to survive in the new scenario, say Probir Roy, co-founder, Paymate and Sumita Kale of Indicus Centre for Financial Inclusion
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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