Banks general
SBI to stay trim post-merger to cut costs
27 Mar 2017
SBI plans to shut down 47 per cent of associate banks' offices post-merger and reduce its workforce by 10 per cent over the next two years
Vijay Mallya to be extradited, UK court may issue arrest warrant
24 Mar 2017
The British government has certified India's request for loan defaulting liquor baron Vijay Mallya's extradition and a UK court is considering issuing warrant for the same, an MEA spokesman said
UK banks under fire for helping launder Russian mafia money
21 Mar 2017
HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks that are facing scrutiny on what they knew about the ‘Global Laundromat’ scheme and why they did not turn away suspicious money transfers
Bharatiya Mahila Bank tobe merged with SBI
21 Mar 2017
Arvind Subramanian says bad debt is esential part of capitalist system
15 Mar 2017
The concept of a bad debt is not altogether a bad idea and, in a capitalist system, even big corporates get trapped in bad loans, at times needing government bailout