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...

Morphing post offices into banking access points

The Indian banking sector, during its long history of over a century, has grown in size and variety. We have commercial banks, regional rural banks,...

KVB: the beautiful digital move of a small bank

Several small commercial banks in the private sector have been taking extensive recourse to technology and have come out with excellent results. The 102-year old...

Triveni Sangam: lipstick on a pig?

Want to rescue a sick bank? Well, merge it with a healthy one. There is a convincing case for the merger of Indian banks...

Kerala floods threaten to drown banking

Nature’s fury has destroyed Kerala’s wealth substantially, both financially and physically. Assets, more particularly private assets, built over the years have been wiped out....

Profitability: A decade of decay

Litigation is a long-drawn process dampening the profitability of banks. For years to come, PSU banks may not be able to present strong balance...

Mergers: Do we need bigger banks?

Government of India is considering the merger least four public sector banks: Bank of Baroda, IDBI Bank, Oriental Bank of Commerce and Central Bank...

Lighting a lamp

Since nationalisation, banks were directed to function not merely as deposit collectors and lenders, but much more. This add-on was required to change the...

Will ‘bad banks’ create good banks?

The bad bank is a differentiated bank, dealing only with NPAs. No, it’s not a bank that is evil. India’s bad loan problem has become...

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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...