Bank Report
-
Scroll Explainer: What is behind the RBI’s U-turn on credit to small businesses?
The reversal of policies for the MSME sector is proof that the effects of GST and the note ban are still hurting businesses.
Rohan Venkataramakrishnan
-
From PNB fraud to Urjit Patel’s exit: Ten events that rocked India’s banking industry in 2018
Things are expected to improve in 2019, though.
Nupur Anand, qz.com
-
Read the warning from RBI Deputy Governor about governments that don’t respect central banks
‘Governments that do not respect central bank independence will ignite economic fire and come to rue the day.’
Scroll Staff
Trending
-
‘Saffronisation of Doordarshan’: After DD News unveils new logo, social media users express alarm
-
‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
-
Carnatic music: Violinist L Subramaniam’s new book looks at the 18th-century masters
-
‘Love Sex Aur Dhokha 2’ review: Laboured and barely provocative
-
TISS suspended Dalit PhD scholar for protesting Centre’s policies, alleges student body
-
LIC’s investment in IDBI: Why is a burdened corporation putting money in another troubled bank?
The government-owned Life Insurance Corporation of India will pump in up to Rs 13,000 crore for a 40% stake.
Nupur Anand, qz.com
-
ICICI’s Chanda Kochchar should step down pending inquiry, says IIM-A professor
‘The issue is one of alleged impropriety involving the CEO. The board has the power and the competence to do what is required.’
Nupur Anand, qz.com
-
Five questions RBI governor Urjit Patel must be asked at his parliamentary grilling in June
Bad loans, bank fraud and cash shortage are likely to dominate the conversation.
Nupur Anand, qz.com
Video
-
Watch: This fan-made trailer imagines Henry Cavill and Margot Robbie starring in a James Bond film
-
Watch: Mount Ruang erupts in Indonesia, spewing columns of ash and lava
-
Watch: Unbelievable scenes of flooding in Dubai airport, streets, and malls after heavy rain in UAE
-
Indian elections: How secure is the EVM-VVPAT process?
-
Watch: Footballers of Indian clubs walk out on the pitch with dogs to get them adopted
-
State Bank of India reports a net loss of Rs 7,718.17 crore, its biggest ever in any quarter
Bad loan provisions surged to Rs 28,096 crore, which is more than double the amount reported in the corresponding quarter last year.
Scroll Staff
-
Bad loans to information leaks: All that went wrong at Axis Bank under CEO Shikha Sharma’s watch
The IIM-Ahmedabad graduate is credited with building the private lender’s investment banking and the retail businesses. But all was not smooth-sailing.
Nupur Anand, qz.com
-
The unanswered questions in the ICICI Bank-Videocon loan controversy
The board has not satisfactorily answered key concerns arising out of the nepotism and conflict of interest allegations.
Nupur Anand, qz.com
The Reel
-
‘Trap’ trailer: M Night Shyamalan’s thriller stars Josh Hartnett as a serial killer
-
Watch: Five directors shoot on iPhones for MAMI Mumbai Film Festival initiative
-
‘Do Aur Do Pyaar’ review: Adultery saga has a maths problem
-
‘Love Sex Aur Dhokha 2’ review: Laboured and barely provocative
-
‘Civil War’ review: An urgent film about a barely-distant future
-
The case of Simbhaoli Sugars proves just how easy it is to dupe banks in India
And the RBI needs to accept its part of the blame.
Anwesha Ganguly, qz.com
-
Understanding SWIFT, the messaging system at the heart of the $1.8 billion PNB fraud
Short for Society for Worldwide Interbank Financial Telecommunications, the system is used by lenders the world over to transfer money between banks.
Nupur Anand, qz.com
-
RBI, government also responsible for PNB fraud, says former deputy governor of India’s central bank
‘There is no accountability in public banks. In private banks, there is pressure from shareholders,’ says KC Chakrabarty.
Nupur Anand, qz.com
The Field
-
Wrestling, Asian Olympic Qualifiers: Aman loses in semi-final as Indian men fail to win Paris quotas
-
Shooting, Indian Olympic trials: Esha Singh, Bhavesh Shekhawat lead in respective 25m pistol events
-
Wrestling, Asian Olympic Qualifiers: Deepak Punia, Sujeet Kalkal fail to make weigh-ins in time
-
Chess, Candidates 2024: Gukesh Dommaraju picks up win to become joint-leader with two rounds to go
-
Hockey: Salima Tete 2.0 – a speedster who is adding confidence and creativity to her improving game