Banks general
RBI widens ambit for banks to deal with loan defaulters
23 Dec 2014
RBI has defined a non-cooperative borrower as a defaulter who deliberately stonewalls legitimate efforts of lenders to recover their dues, thereby narrowing the difference with a ‘willful defaulter’
ICICI Bank to hike ATM charges from 1 January
08 Dec 2014
ICICI Bank to exit Russia with sale of banking unit to lender Sovcombank
06 Dec 2014
ICICI Bank, India’s largest private-sector lender, plans to sell its Russian subsidiary ICICI Bank Eurasia Limited Liability Company to Sovcombank, a mid-sized Russian bank, for an undisclosed sum
SBI cuts deposit rates by 0,25% as lending slows
05 Dec 2014
Financial discipline will help lower lending rates, says Rajan
03 Dec 2014
By over-leveraging bank credit Indian companies are piling up debt to unserviceable levels resulting in NPAs, which keeps lending rates high, cautions RBI governor Raghuram Rajan
Time not yet ripe for rate cut, says RBI governor
02 Dec 2014
RBI governor Raghuram Rajan said if the current downward inflationary trend continues, and fiscal developments are encouraging, a change in the monetary policy stance is likely early next year, including outside the policy review cycle
Payments bank tailor-made for telcos: Crisil
28 Nov 2014
Stop protecting defaulting corporate `honchos,’ Rajan tells banks
26 Nov 2014
The amount written off by banks as bad debts in the last five years would have been enough to fund the education of 1.5 million of the poorest children in the top private universities of the country, all expenses paid,” the RBI governor said
SBI defends $1bn Adani loan against ‘crony capitalism’ charge
21 Nov 2014
SBI chief Arundhati Bhattacharya clarified that the bank has only entered into a memorandum of understanding with the group and that funds would only be released after due diligence
Latest articles
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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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