Banks general
Qatar National Bank acquires Turkey’s Finansbank for $3 bn
23 Dec 2015
One of the largest banks in the Middle East and Africa, Qatar National Bank is buying Turkey's Finansbank SA, a subsidiary of Greek lender National Bank of Greece SA, for approximately $3 billion, in a bid to expand its footprint in the region
RBI announces new norms for banks to set lending rates
18 Dec 2015
Under the new rules, banks must set their lending rates every month on the basis of their marginal cost of funds, which will be based on the rate offered on new deposits
SC slams RBI, banks for covering up malpractices
17 Dec 2015
The Supreme Court said the Reserve Bank of India cannot withhold information on defaulters and other issues covered under the RTI Act under the guise of fiduciary relationship
Banks, insurance firms woo venerable India Post
08 Dec 2015
RBI may allow market-linked pricing of loans
07 Dec 2015
The move to allow computation of banks' base rates on the basis of marginal cost of funds is expected to benefit new customers in the next financial year
Five major UK banks pass BoE stress tests
02 Dec 2015
Five major UK banks pass BoE stress tests
02 Dec 2015
RBI keeps rates unchanged; says banks have enough leeway now
01 Dec 2015
In order to smoothen the path for banks to cut lending rates, RBI said, it will shortly finalise the methodology for determining the base rate based on the marginal cost of funds, which all banks will move to
HSBC whistleblower Falciani sentenced to 5 years’ jail
28 Nov 2015
Falciani, who leaked details of bank account holders in the Geneva branch of HSBC, which subsequently also reached India, has been charged with industrial espionage
HSBC to wind up private banking unit in India
27 Nov 2015
The rising number of millionaires in the country simply did not translate into profits for HSBC as its high-paid wealth managers failed to cash in by managing those riches
ATM cash heist foiled, van driver nabbed
27 Nov 2015
Lloyds Bank to axe 1,000 jobs to cut costs
27 Nov 2015
Last year, the bank said it would close up to 150 branches and cut around 9,000 jobs, as part of a three-year strategy to make the business simpler and more efficient
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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