Banks general
Jaitley outlines steps to bring down banks’ NPAs
24 Nov 2015
UK treasury sells $13 bn of Northern Rock mortgages
14 Nov 2015
The UK treasury is set to sell £13 billion of mortgage assets it acquired from lender Northern Rock during the global financial crisis to US private equity firm Cerberus Capital Management LP
Osborne vows to crack down on UK’s ‘rogue bankers’
13 Nov 2015
Rogue bankers should be treated like shoplifters and thrown into jail, the UK’s Chancellor of the Exchequer George Osborne said at Bank of England’s Open Forum event at London’s Guildhall
Indiabulls acquires 40% of UK’a OakNorth Bank
12 Nov 2015
StanChart to cut 15,000 jobs, raise $5.1 bn in fresh capital
03 Nov 2015
The Asia focused bank said it will axe 17 per cent of its workforce to pare costs by $2.9 billion and also sell or restructure $100 billion of loans
HSBC pre-tax profit up 32% at $6.1 bn
02 Nov 2015
Deutsche Bank to shed 35,000 jobs worldwide in major overhaul
30 Oct 2015
In a major overhaul aimed at improving performance and profitability, German banking major Deutsche Bank is cutting15,000 jobs and offloading assets with 20,000 staff
New ATM does away with using cards
28 Oct 2015
Public sector banks’ finances to be beefed up PM
20 Oct 2015
Public sector banks will be recapitalised, the rules for appointing their heads would be changed, and paperless transactions would be promoted to curb black money, the Prime Minister said
Deutsche bank undergoes major structural revamp
19 Oct 2015
HDFC Bank ATMs to provide on the spot personal loans
17 Oct 2015
The bank will initially launch the loan-on-ATM product for those with salary accounts and corporate customers
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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