Banking Policies
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Risky, aggressive strategies for immediate gains: The real reason for the banking crisis in the US
The collapse of mid-size American banks underscores how the impact of risky decisions at one bank can quickly spread into the broader financial system.
Alexandra Digby, The Conversation, Dollie Davis, The Conversation & Robson Hiroshi Hatsukami Morgan, The Conversation
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Can agitating public sector bankers do a farmer on the Modi government?
Bank employees opposing privatisation have been forging alliances with a wide network of like-minded groups. A new mood of resistance is emerging in India.
Rajesh Mahapatra
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Centre lifts restriction on private banks from getting business on government transactions
Only a few private sector lenders will be allowed to conduct government-related banking transactions like payment of taxes, pension payments and small savings.
Scroll Staff
Trending
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Husna Bai: The tawaif who made Hindustani music a respectable profession for women artists
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‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
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Carnatic music: Violinist L Subramaniam’s new book looks at the 18th-century masters
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Is the 2024 Lok Sabha election India’s last chance before the point of no return?
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‘Saffronisation of Doordarshan’: After DD News unveils new logo, social media users express alarm
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Loan moratorium scheme: SC says Centre’s affidavit on waiving interest on interest unsatisfactory
The top court ordered the Centre and the RBI to place on record the KV Kamath Committee recommendations to bail out sectors affected by the pandemic.
Scroll Staff
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Loan moratorium scheme: SC bars non-NPA accounts from being declared NPAs for two months
Justice Ashok Bhushan said in his order that banks should take no action against borrowers that is coercive.
Scroll Staff
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Finance ministry asks banks not to levy any charges on electronic transactions
The CBDT said the Ministry of Finance has asked banks to immediately refund charges collected from January 1, 2020, for electronic payments.
Scroll Staff
Video
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Watch: Unbelievable scenes of flooding in Dubai airport, streets, and malls after heavy rain in UAE
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Indian elections: How secure is the EVM-VVPAT process?
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Watch: Footballers of Indian clubs walk out on the pitch with dogs to get them adopted
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Watch: Dogs wag their tails to ‘conduct’ classical music orchestra
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Watch: Glimpses of Indian singer Sid Sriram’s debut performance at Coachella 2024
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Raghuram Rajan hits back at Centre, says most of his time as RBI chief was under BJP-led government
The former RBI governor said in an interview that India needed another generation of economic reforms.
Scroll Staff
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IDBI Bank to be infused with more than Rs 9,000 crore, says Centre
The struggling lender’s shares jumped 10.84% after the announcement.
Scroll Staff
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Reserve Bank of India scraps charges on digital payments made through RTGS and NEFT
Instructions to banks in this regard will be issued within a week.
Scroll Staff
The Reel
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‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
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‘Love Sex Aur Dhokha 2’ review: Laboured and barely provocative
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‘Civil War’ review: An urgent film about a barely-distant future
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Watch: ‘The Broken News’ returns for a second season
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‘Dil Dosti Dilemma’ trailer: A teenager bonds with her grandparents during a summer vacation
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RBI holds board meeting headed by Shaktikanta Das, says it will further examine governance framework
The central bank also said that the board of directors reviewed the current economic situation in the country.
Scroll Staff
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RBI crisis: India is moving fast and breaking the wrong things
Undermining the central bank in the name of the public interest, just when the institution finally has some capacity to serve the public, would be a real shame.
Andy Mukherjee, Bloomberg
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Securitisation: The risky business that fuelled the 2007 financial crisis is making a comeback
Securitisation allowed banks to repackage and sell bad debt to third-party investors, and drove opportunistic behaviour.
Solomon Y Deku, The Conversation & Alper Kara, The Conversation
The Field
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Wrestling, Asian Olympic Qualifiers: Deepak Punia, Sujeet Kalkal fail to make weigh-ins in time
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Chess, Candidates 2024: Gukesh Dommaraju picks up win to become joint-leader with two rounds to go
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Hockey: Salima Tete 2.0 – a speedster who is adding confidence and creativity to her improving game
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IPL 2024: Suryakumar, bowlers help Mumbai Indians seal thriller against Punjab Kings
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Cricket: Meg Lanning opens up about struggle with food and exercise that led to her early retirement