Banking

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...

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...

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....

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US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...