Banks general
SBI cuts base lending rate, loans to get cheaper
08 Nov 2019
ICICI Bank closes its project finance division
06 Nov 2019
SBI Q2 net more than triples to Rs3,012 cr, despite higher provisioning
25 Oct 2019
Provisioning during the quarter increased 8.7 per cent to Rs13,138.93 crore while the bank’s total provisioning stood at Rs22,399 crore, which was 89.63 per cent of total outstanding, as of 30 September 2019
DHFL lenders may skirt equity route, consider liquidation
25 Oct 2019
Lenders are now on the backfoot following rumours of the company’s involvement is illegal activities, including possible terror financing, following reports of the promoter’s dealings with terror groups
Employees strike to hit banking operations today
22 Oct 2019
Manmohan Singh asks govt to end blame game and fix economy
17 Oct 2019
`Before one can fix the economy, one needs a correct diagnosis of its ailments and their causes,’ former prime minister Manmohan Singh said on Nirmala Sitharaman's comment on economy
Former chairman Waryam Singh emerges key link in PMC fraud probe
17 Oct 2019
Waryam Singh, along with other directors, Sarang Wadhwan, Rakesh Wadhwan and other executives of Housing Development and Infrastructure Limited and its group companies and other unknown persons have been accused of committing various criminal acts causing loss to the tune of Rs4,335.46 crore to PMC Bank
Banks' NPA woes a legacy of Singh-Rajan policies: Sitaraman
16 Oct 2019
`It was in Rajan's time as governor of the Reserve Bank that loans were given just based on phone calls from crony leaders, and public sector banks in India till today are depending on the government's equity infusion to get out of that mire,’ she said
RBI fines LVB, Syndicate Bank for non-compliance
15 Oct 2019
RBI hikes PMC Bank withdrawal limit to Rs40,000
15 Oct 2019
SBI to charge processing fees for home loans
11 Oct 2019
Sacked PMC Bank MD Joy Thomas held in custody, HDIL promoters' private jet, jewellery attached
07 Oct 2019
PMC Bank scam: 2 HDIL directors held, assets attached
04 Oct 2019
While the Economic Offences Wing of the Mumbai police arrested two directors of realty firm HDIL - Rakesh Wadhawan and his son Sarang Wadhawan - and attached properties worth Rs3,500 crore, the bank's chairman Waryam Singh and its managing director Joy Thomas and other bank officials are also accused of criminal breach of trust, forgery and falsification of records
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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