PSBs may be allowed to transfer unclaimed shares to IEPF

The finance ministry is considering amending the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, which governs public-sector banks (PSBs), to make suitable provisions for......

MFs own larger slice of small and midcap stocks

Retail investors now own a larger share of smallcap companies than they did a year ago, thanks to their conviction in mutual fund (MF) schemes focused on this segment. Illustration: Uttam......

Adani Power revives old ambitions as power demand surges in India

At present, the largest power producer in the country is NTPC with 75 Gw capacity and the largest private sector player is Adani Power, with Tata Power a close second. Photograph: Amir......

The RBI Way Of Firefighting

Why is the RBI harsh on Paytm Payments Bank?Why did it give Rana Kapoor of Yes Bank Ltd such a long rope?Often, it's a long investigation process, but the RBI doesn't discuss this openly since that......