Banking

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

FTX bites the dust, but it isn’t curtains yet for crypto

The cryptocurrency did not fail the business but lack of regulation and transparency of investor’s money did. The latest to fall in the crypto world...

Mighty resolutions, measly recoveries

Banks have got accustomed to swallowing the bitter pill in bad loan cases. With every other IBC resolution popping out of the NCLT, the...

Mergers Maze

IN 2019 THE NDA II government seemed well set to take up major reforms of the banking sector. The merger of ten public sector...

PAT FOR REPAT

R S Isabella is Managing Director of Repco Bank and Repco Micro Finance Ltd and a Director in Repco Home Finance Ltd. This socially...

Will work only if there are synergies…

A merger of banks may not merely be an arithmetic sum of the strengths of both banks. In some cases, it may be the...

Do Banks Count their Numbers?

KYC is a mandatory database required while opening a bank account. PAN and Aadhaar are the two most important elements. However, banks have been...

Less-known local area banks

One bank per state would be the norm. The winds of change will blow away the remaining local area banks. In India, three local area...

Scandal: YES Bank with NO Kapoor

The Reserve Bank of India (RBI) has bared its teeth again. Its axe fell on the captain of Yes Bank. As a watchdog of Indian...

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ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil...

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that...

Maruti Suzuki posts record sales in FY2025

The company sold a total of 2,234,266 units, including 1,795,259 units in...

Tata chairman in IMF advisory council

He is among prominent individuals appointed by IMF Managing...