Banks general
Metro Bank founder to set up UK’s first digital-only bank
10 Apr 2014
The bank will not have any branches or telephone banking, and customers would have to manage all personal and business banking through the internet and mobile apps
Creditors put up ‘Kingfisher Airlines’ brand for sale
08 Apr 2014
The move marks the beginning of the sale of assets of Kingfisher, owned by the Vijay Mallya-led UB Group
State Bank of India launches Twitter handle
05 Apr 2014
Axis Bank raises $30.6 mn via foreign securities
03 Apr 2014
RBI grants ‘in-principle’ nod for bank licences to IDFC, Bandhan
03 Apr 2014
While Mumbai-based IDFC is classified as an infrastructure finance company, Kolkata-based Bandhan is a microfinance institution
RBI gets EC nod for issuing new bank licences
01 Apr 2014
RBI is all set to give in-principle approval for a few new banks after the Election Commission approved issuing new bank licences
RBI keeps policy rates unchanged
01 Apr 2014
RBI also increased the liquidity provided under 7-day and 14-day repos and decreased the liquidity provided under overnight repos under the LAF
Bank of America to pay $9.3 bn to settle mortgage-backed securities claims
27 Mar 2014
According to FHFA, Bank of America and Countrywide Financial Corp, which the former acquired in 2008, sold thousands of defective loans from 2007 to 2009 to home-mortgage finance companies Fannie Mae and Freddie Ma
Thieves can now rob ATMs with text messages
26 Mar 2014
Under 30s account for 25% of bank loans: Cibil
24 Mar 2014
The number of young borrowers in the country has grown significantly with the spread of banking facilities and an increase in job availability
Credit Suisse to pay $885 mn to settle mortgage-backed securities claims
22 Mar 2014
Credit Suisse said this agreement today claims related to the sale of approximately $16.6 billion of residential mortgage-backed securities between 2005 and 2007
Chakrabarthy calls for clean-up of bank boards
22 Mar 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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