Banks general
Bank employees to strike work on 20, 21 February
04 Feb 2013
Banks in UK may be broken up for flouting new rules
04 Feb 2013
Banks in UK would face the threat of being broken up if they were to flout new rules intended to prevent another taxpayer bailout of the financial system, chancellor George Osborne has warned.
Banco Santander's profits plummet 60 % over €18-bn debt provisions
01 Feb 2013
The Spanish lender, which is among the leading survivors of the financial crash has taken a heavy hit with the slump in Spain's economy
SBI cuts base rate by 5 bps to 9.70 per cent
30 Jan 2013
Chidambaram pushes for opening banking sector
30 Jan 2013
Finance minister Palaniappan Chidambaram sees no reason why companies should be denied banking licences although many, including the IMF, oppose allowing industrial houses to set up banks, fearing it could lead to misuse of funds
Banks looking at reduction in lending rates
29 Jan 2013
RBI cheers market with 0.25% cut in policy rates
29 Jan 2013
In its third quarter monetary policy review, the central bank shed its 9-month-long tight monetary policy, cutting its key interest rates by 25 basis points
Goldman Sachs sells stake in China’s ICBC for $1 bn
29 Jan 2013
Goldman Sachs, which acquired a 4.9-per cent stake in the Chinese bank for around $2.6 billion in 2006, has so far gained approximately $8.6 billion from its gradual divestment
RBI hints at policy easing as growth falls below 5.8 %
28 Jan 2013
RBI today hinted at a pro-growth approach in it monetary policy review as it expects the country’s economic growth during the 2012-13 financial year to fall below the 5.8 per cent projected earlier
European banks to repay €137-bn loans: ECB
28 Jan 2013
Libor list exposes top Barclays executives
25 Jan 2013
SBI set for Rs3,004 crore capital infusion
19 Jan 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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