Banks general
Axis Bank to raise Rs11,626 cr from Bain Capital, others
11 Nov 2017
Axis Bank, India’s third-largest private sector lender, is raising equity and equity-linked capital for Rs11,626 crore from investors that include entities affiliated to Bain Capital Private Equity and Life Insurance Corporation
Arun Jaitley heads panel to oversee PSU bank mergers
31 Oct 2017
PSU bank mergers are seen as an alternative mechanism, along with proposed infusion of Rs2,11,000 crore capital, to clear loss-making banks of the huge pile of non-performing loans
RCom’s new debt repayment plan gives banks 51% shareholding
31 Oct 2017
Under the Reserve Bank mandated restructuring plan, RCom will be left with 49 per cent equity and Rs6,000 crore of debt while the promoters’ stake will come down to 26 per cent
IDFC-Shriram merger talks fail over valuation issue
30 Oct 2017
The complex deal proposed by the managements, involving at least four big entities in transport and consumer financing and infrastructure funding, failed to secure support from both stakeholders and regulators
Pence breaks tie to scrap bank regulation bill
25 Oct 2017
IBM announces new blockchain tech for cross-border banking
16 Oct 2017
IBM said the blockchain technology will help merchants and consumers to send money to another country in near real-time, accelerating a payments process that typically takes days
Fresh plea in SC against linking mobile nos, bank a/cs with Aadhaar
16 Oct 2017
As telecom service firms and banks hound their customers for providing Aadhaar data before the 31 December deadline set by the government, a fresh petition has been filed in the Supreme Court challenging this directive
Latest articles
Featured articles
Hariman Sharma lets apple travel to India’s warmer climes
10 Feb 2025
Apple, which was the preserve of the cooler Himalayan region in India, is now everywhere – in the East, the West and the South - thanks to one enterprising Himachal farmer, Hariman Sharma.
The cost of neglecting water transport
03 Feb 2025
Inland water transport is widely recognised as a cheaper and environment friendly mode of transport and, as per a report prepared by RITES
Crypto Currencies Trying To Undermine Global Financial System
27 Jan 2025
US President Donald Trump, it seems, is the latest to join the frenzy for personal or corporate currency, with $TRUMP, or what they call a meme coin, giving a further boost to his crypto image.
As costs of saying final goodbyes rise UK families resort to crowdfunding to pay for funerals
By Axel Miller | 16 Jan 2025
The cost of saying a final goodbye to loved ones in the UK has reached a grim new high, leaving families grappling with unexpected financial burdens.
The life and times of Manmohan Singh, former Prime Minister of India
By Cygnus | 28 Dec 2024
On 27th December 2024 India and the world lost one of their finest statespersons in a hundred years. Manmohan Singh, born on 26th September 1932, in Gah, Punjab (now in Pakistan)
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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.
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