Banks general
RBI cuts SLR by 50 bps to 22%, other rates unchanged
05 Aug 2014
While food price remained high, it was a muted increase in the prices of non-food items that caused a slight decline in CPI inflation, RBI noted
VTB Group’s $1.5-bn loan may be hit by sanctions
01 Aug 2014
RBI fines ICICI Bank, HDFC Bank, Axis Bank and 9 other banks for Deccan Chronicle default
26 Jul 2014
Hyderabad-based Deccan Chronicle borrowed Rs4,000 crore from a consortium of 18 lenders and defaulted on repayments
Spanish lender BBVA to acquire Catalunya Banc
23 Jul 2014
Credit Suisse posts highest loss since 2008 after US tax settlement
23 Jul 2014
Swiss banking giant Credit Suisse Group AG posted its biggest quarterly loss in six years after reaching a $2.5-billion tax settlement with the US
CIT to acquire OneWest Bank for $3.4 billion
22 Jul 2014
Privately-owned OneWest Bank operates 73 retail branches and has approximately $23 billion in assets
Citi to settle US mortgage scam probe for $7 bn
14 Jul 2014
Citigroup is the second major bank to settle charges over the sale and packaging of toxic home loans, after JPMorgan Chase & Co
The perils of Bitcoin as currency
09 Jul 2014
The similarities between bitcoin and the gold standard go beyond the metaphor of ''mining,'' which describes how new bitcoins are dug up with computing power, argues Rahul Singh, ISPS Director's Fellow in Domestic Policy
UK online banking transactions near £1 bn a day
08 Jul 2014
Private banks increasing rural spread: study
08 Jul 2014
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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