Banks general
![Banks in India fail to pass on RBI rate changes: IMF study Banks in India fail to pass on RBI rate changes: IMF study](/organisation/imf/images/bank_sm_domain-b.jpg)
Banks in India fail to pass on RBI rate changes: IMF study
29 Jun 2015
Banks in India are faster in effecting a hike in lending rates, but a rise in their deposit rates is not so quick, emphasises an IMF Working Paper
![All I-T refunds to be channeled through bank accounts: CBDT chief All I-T refunds to be channeled through bank accounts: CBDT chief](/finance/general/images/anita_kapur_sm_domain-b.jpg)
All I-T refunds to be channeled through bank accounts: CBDT chief
23 Jun 2015
The income tax department has proposed to deposit all refunds on tax paid by taxpayers in their personal bank accounts as soon as these are processed and released, so as to ensure that the refunds safely reach the claimants
SBI launches online forex platform
19 Jun 2015
ADB to increase annual lending to India to $4 bn
17 Jun 2015
Home, auto loans will come down further, says FM
13 Jun 2015
![Jaitley promises more capital funds to PSU banks Jaitley promises more capital funds to PSU banks](/finance/banks/images/arun_jaitley_30April_sm_domain-b.jpg)
Jaitley promises more capital funds to PSU banks
12 Jun 2015
Jaitley called for systematic steps towards improvement of banks’ asset quality and, at the same time, sought a collective examination of effective solutions to de-bottleneck critical projects
Punjab National Bank signs deal with Indian Army
10 Jun 2015
![HSBC to shed 50,000 jobs as it reshapes business portfolio HSBC to shed 50,000 jobs as it reshapes business portfolio](/finance/banks/hsbc/images/hsbc_building_2sm_domain-b.jpg)
HSBC to shed 50,000 jobs as it reshapes business portfolio
09 Jun 2015
HSBC, Europe's biggest lender, today unveiled plans for a major restructuring of its business portfolio and redeployment of resources aimed at saving $5 billion annually by 2017
![RBI proposes ownership shift in debt restructuring RBI proposes ownership shift in debt restructuring](/finance/banks/images/manufacturing_facility_sm_domain-b.jpg)
RBI proposes ownership shift in debt restructuring
09 Jun 2015
Christened the 'Strategic debt conversion’, the new measure will automatically give lenders 51 per cent equity control in a company that fails to repay after a second restructuring of debt
![HSBC to axe up to 20,000 jobs: report HSBC to axe up to 20,000 jobs: report](/finance/banks/hsbc/images/hsbc_logo_june_domain-b.jpg)
HSBC to axe up to 20,000 jobs: report
03 Jun 2015
HSBC CEO Stuart Gullivar is expected to announce major cuts at an investor meet next week as he seeks to reassure shareholders and investors that the bank’s restructuring and drive to cut costs are continuing
![Rajan relents, cuts repo rate by 0.25 percentage points Rajan relents, cuts repo rate by 0.25 percentage points](/finance/banks/RBI/images/raghuram_rajan_june_sm_domain-b.jpg)
Rajan relents, cuts repo rate by 0.25 percentage points
02 Jun 2015
The rate cut aims to correct the low domestic capacity utilisation, subdued investment and credit growth amidst low inflation and the willingness of banks to incorporate some of the past rate cuts into their lending rates
Featured articles
![](/Uploads/Images/thumb_733d509d-493c-41e9-b429-1260d912bb91-Aerogel-Crayon.jpg)
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!
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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.
![](/Uploads/Images/thumb_97943c9b-6e8f-429b-b355-1d4502bac437-Ponzi-Money.jpg)
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.
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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
![](/Uploads/Images/thumb_dc6b9dcc-e31e-4574-82e7-928e089406e0-Finger_millet.jpg)
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
![](/Uploads/Images/thumb_e37827da-fafd-4991-8635-60fade3df34c-ICM.jpg)
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
Business History Videos
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_61209e69-fdfb-493a-add7-afc253731af7-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 3...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_f5cfed27-cd8d-4644-9c6b-d1f3f64fb558-YouTube-thumbnail-Hovercraf.jpg)
History of hovercraft Part 2...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_1510a271-632f-46ba-846b-a761ccffe903-History-of-Hovercraft.jpg)
History of Hovercraft Part 1...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
![](https://businesshistory.domain-b.com/Uploads/Videos/Images/thumb_b54c323b-99c2-47ed-9df1-06452504c83a-YouTube-thumbnail-Indian-tr.jpg)