Banks general
Govt moves NCLT for management change at IL&FS
01 Oct 2018
The government is reported to have sought approval from NCLT to nominate 10 directors, including the managing director of Kotak Mahindra Bank Uday Kotak as IL&FS’ non-executive chairman
RBI eases SLR rules for banks to enhance liquidity
27 Sep 2018
Reserve Bank of India (RBI) has allowed banks to use government bonds equivalent to an additional 2 per cent of their net demand and time liabilities (NDTL), thereby taking lenders’ SLR window to 15 per cent
Jaitley exhorts banks to ensure clean and prudent lending
25 Sep 2018
While an economy growing at around 8 per cent would help banks in India grow in strength, Jaitley said, banks must strive to be seen always as institutions of clean and prudent lending
Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe
25 Sep 2018
CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts
RBI asks Yes Bank’s Rana Kapoor to step down in 4 months
20 Sep 2018
While Yes Bank reported rapid growth over the last decade under Kapoor, the regulator pointed out discrepancies in the way the bank reported its bad loans
Govt to merge Bank of Baroda, Vijaya Bank and Dena Bank
18 Sep 2018
The merger of the three loss-making banks would create a larger entity with higher net worth and higher financial clout, which would help instil greater confidence in these banks
Govt’s high credit targets to blame for most NPAs: Rajan
12 Sep 2018
The system has been singularly ineffective in bringing even a single high-profile fraudster to book, which led to the impression that fraud is not discouraged, Rajan said
ArcelorMittal raises bid for Essar Steel to Rs42,000 crore
11 Sep 2018
Essar Steel, with its 10 million tonne a year production capacity, had outstanding debt of Rs50,786 crore as of March 2018 and the Rs42,000 crore offer is almost 83 per cent of its outstanding debt
SBI hikes benchmark lending rate by 0.2%
01 Sep 2018
India Post Payments Bank set for launch on 1 September
29 Aug 2018
The launch of IPPB will more than double the number of bank branches in the country – from the present 1.40 lakh to more than 2.90 lakh, while the number of rural branches will increase from 49,000 to more than 1.75 lakh
LIC to buy 14.9% in IDBI Bank initially as deal hits legal hurdle
29 Aug 2018
While an insurance company is not allowed to buy more than 15 per cent in another financial institution, the government has given a one-time exemption to LIC to raise its stake in IDBI Bank to 51 per cent
SBI posts Rs4,876-cr net loss in June quarter
11 Aug 2018
With fresh slippages down to Rs9,984 crore during the quarter against Rs33,670 crore in the preceding quarter, and most of the provisioning requirement for legacy NPA accounts being largely taken care of, the bank expects to post a profit in the December and March quarters
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
Business History Videos
History of hovercraft Part 3...
Today I shall talk a bit more about the military plans for ...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
History of hovercraft Part 2...
In this episode of our history of hovercraft, we shall exam...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
History of Hovercraft Part 1...
If you’ve been a James Bond movie fan, you may recall seein...
By Kiron Kasbekar | Presenter: Kiron Kasbekar
History of Trams in India | ...
The video I am presenting to you is based on a script writt...
By Aniket Gupta | Presenter: Sheetal Gaikwad
view more
.jpg "DPIIT organises event for onboarding startups")
