Opinion | Who Approved the Crores Spent on ‘India@100’? Union Bank Owes Answers
The recent controversy surrounding the bulk purchase of the book India@100, authored by former Chief Economic Adviser K.V. Subramanian, has […]
Banking
Union Bank staff body seeks probe into crores spent on ‘India@100’ book
Calls purchase “wasteful expenditure”; seeks disclosure of benefits, compliance with norms Mumbai: The All India Union Bank Employees Association (AIUBEA)
How to save India’s Cooperative Banking System
The Rs 122-crore embezzlement at New India Co-operative Bank, where a former chairman and general manager allegedly siphoned funds to
The RBI’s LCR Shake-Up: What’s worrying the mighty regulator?
The Reserve Bank of India, under Governor Sanjay Malhotra, has just sharpened its Liquidity Coverage Ratio (LCR) framework, a move
The fading allure of banking jobs in India: From prestige to passe
In the India of yesteryears, a job in banking was synonymous with prestige, stability, and social standing. The image of
Loan Apps: A Death Trap for India’s Middle Class
In the digital age, the promise of instant cash through loan apps has lured millions of Indians, particularly the middle
Bank of India scraps 400-Day FD Scheme, slashes interest rates across maturities
Bank of India (BoI), a major public sector bank, has announced the withdrawal of its special 400-day fixed deposit (FD)
Securitisation in India Soars in FY25: What’s Driving the Growth and What Lies Ahead?
India’s securitisation market has hit a new high in FY25, with volumes surging 25% year-on-year to INR 2.3 trillion, up
Opinion| RBI Cuts Rates by 25 bps: Growth gets a push, but global storm clouds loom
As expected, the Reserve Bank of India’s Monetary Policy Committee (MPC) delivered a 25 basis point repo rate cut on
RBI Imposes penalty on Shri Ganesh Sahakari Bank for non-compliance
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹1 lakh on Shri Ganesh Sahakari Bank Limited,