Banks general
BoE confirms novelist Jane Austen to grace new £10 notes
25 Jul 2013
Besides a portrait of Jane Austen, the new banknote design will feature the famous quote from Pride and Prejudice: “I declare after all there is no enjoyment like reading!”
China lifts controls on lending rates to align with market
20 Jul 2013
The central bank also directed financial institutions to actively adapt to market-oriented interest rate pricing, market supply and demand
Bank of America’s quarterly profit vaults 70%
18 Jul 2013
RBI slaps nearly Rs50 cr fine on 22 banks for violating KYC norms
15 Jul 2013
RBI had, on 10 June 2013, imposed fines on three banks, including HDFC Bank, ICICI Bank and Axis Bank, for failure to comply with regulatory norms
Vatican Bank corruption probe may widen
13 Jul 2013
Not all applicants to get bank licences: RBI governor
04 Jul 2013
It is not eligibility alone, for the RBI will have to factor in the problem of an exponential increase in non-performing assets as competition increases with the number of banks
Japan's Mitsubishi UFG to buy majority stake in Thailand's Bank of Ayudhya for $5.60 bn
02 Jul 2013
MUFG, Japan's biggest bank, plans to acquire the stake through a tender offer to Bank of Ayudhya shareholders that include GE, which holds a 25-per cent stake
No ceiling on new bank licences: Chidambaram
02 Jul 2013
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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