Banks general
Obama calls for further Wall Street reforms
03 Jul 2014
China gives banks freedom to fix over-the-counter dollar rates
03 Jul 2014
The announcement comes ahead of the China-US strategic and economic dialogue
Demystifying talking ATMs
03 Jul 2014
In a move to reach out to a wider audience, RBI recently passed a directive asking banks to convert all new deployments into Talking ATMs and set up a road map for converting existing ATMs into ones that "talk". Navroze Dastur, managing director,financials, NCR India, outlines what these machines can do
BNP Paribas to pay $9-bn fine over sanctions violations
01 Jul 2014
The fine follows a broader strategy by the US justice department to book more major banks for possible money laundering or sanctions violations
SBI, BoB want gold deposits to be treated as part of CRR/SLR
30 Jun 2014
SBI has long been demanding changes in the CRR and SLR norms in order to free cash for banks to lend
Public sector bank workers meet Jaitley, demand 25% wage hike
28 Jun 2014
India has 27 public sector banks, with about 800,000 employeesand about 70,000 branches across the country
UBS, Credit Suisse hold bulk of Indian money in Switzerland
21 Jun 2014
Just two of Switzerland’s biggest banks - UBS and Credit Suisse - appear to be holding almost two-thirds of the total money held by Indians in the Swiss banking system
Citigroup, BofA likely to face US Justice Dept lawsuits
14 Jun 2014
The US Justice Department mulls lawsuits against the Citigroup and Bank of America over their sale of residential mortgage-backed securities after settlement talks broke down this week
SBI subsidiaries rally on consolidation move
11 Jun 2014
Take LIC public, limit govt holding in banks to 51%, Jaitley told
10 Jun 2014
Representatives of banks and financial institutions have demanded the setting up of an ARC dedicated to infra assets as also tax breaks to depositors to boost financial savings
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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