Banks general
RBI mandates ‘account portability’ between bank branches
28 Apr 2012
RBI has asked banks to allow ‘intra-bank account portability’ in cases where full KYC details of the account-holder have already been ascertained previously
Banking Bill retains voting right at 10 per cent
26 Apr 2012
RBI cuts Bank Rate by 50 bps to 9 per cent
26 Apr 2012
SBI bucks trend, keeps home loan rates unchanged
24 Apr 2012
SBI opens credit centre in Hyderabad
21 Apr 2012
Citigroup shareholders reject Vikram Pandit's pay package
19 Apr 2012
Citigroup shareholders have rejected a $15-million pay package for chief executive, Vikram S Pandit, who pulled the bank back from the brink during the global financial crisis
IMF warns of $2.6 trillion contraction of European banks' balance sheets
19 Apr 2012
The IMF pointed out in its Global Financial Stability Report, published yesterday, that balance sheets of European banks looked set to shrink by $2.6 trillion in the coming 18 months
RBI ends penalty on prepayment of home loans
18 Apr 2012
Home loan borrowers will now find it easier to switch banks to avail of better rates, as the RBI has stopped banks from levying a prepayment penalty on floating home loans
RBI cuts repo rate by a sharp 50 bps
17 Apr 2012
RBI today cut its repo rate by a sharp 50 basis points, bringing it down to 8 per cent, but left the CRR unchanged at 4.75 per cent, warning that the scope for further cuts was limited
Allow customers to use electronic payment: RBI
14 Apr 2012
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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