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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Mumbai principal sacked after being targeted by Hindutva website; says she is mulling legal action
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Congress stopped abusing Ambani and Adani overnight, did it get black money in return, asks PM Modi
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Portraits of India’s people by a Flemmish artist who lived on the margins of 18th-century Calcutta
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Memoir: A journalist remembers the 1960s and how the Naxal movement was portrayed in books and films
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PM Modi’s claim of dramatically enhancing India’s global standing a ‘mirage’, says report
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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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Met Gala 2024: From Alia Bhatt to Isha Ambani, what Indians in attendance wore
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Watch: South Korean band performs Rabindra Sangeet accompanied by traditional Korean instruments
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Watch: This man fused hip-hop with Bharatnatyam to dance to Shakira’s ‘Hips Don’t Lie’
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Watch: Comedian hilariously mimics different types of announcements at railway stations
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Eco India: A new buzzword for a protein rich animal feed: Insect farming
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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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How the fantasy film ‘Pathala Bhairavi’ heavily influenced Telugu cinema
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Watch: Manoj Bajpayee’s hundredth movie ‘Bhaiyya Ji’ is a revenge drama
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Start the week with a film: Why ‘Manjummel Boys’ was a blockbuster
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How actor Shahana Goswami flies under the radar and above the competition
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‘Presumed Innocent’ trailer: Jake Gyllenhaal plays a lawyer accused of murdering his lover
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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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Athletics: Neeraj Chopra to compete in India for first time since Tokyo Olympics
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IPL 2024: Delhi Capitals stay in playoff hunt with win over Rajasthan Royals in high-scoring clash
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Boxing, Asian U22 & Youth C’ships: Paris Olympic-bound Preeti among seven gold medallists for India
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Football: Odisha FC to compete in the inaugural AFC Women’s Champions League
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IPL 2024: Suryakumar Yadav’s unbeaten ton helps Mumbai secure much-needed win over Hyderabad