Last fortnight, State Bank of India Chairman C S Setty lifted the veil on a subject long spoken of in corporate corridors: Why can't our banks finance mergers and acquisitions (M&As)? Change is in the air: Indian Banks' Association (of which Setty is the chairman) is to "make a formal request" to Mint Road to make way for it. Thus far the exclusive turf of foreign banks even though its funding remains offshore - as in, it's not on these entities rupee-book (and a few select shadow banks) - a most lucrative segment in the investment banking suite, M&As, will be homeward-bound.
'Are there other ways to reduce the energy airconditioners consume?' asks Ambi Parameswaran.
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days. Cheques will be scanned, presented, and passed in a few hours and on a continuous basis during business hours.
Nationalist Congress Party-Sharadchandra Pawar leader Eknath Khadse said a probe should be conducted to find out if there was a political motive behind the police action.
The Mumbai police will get another joint commissioner, the sixth such post, to oversee intelligence gathering, including keeping track of sleeper cells, an official has said.
While a giant, it's a nimble-footed one, and is growing at a speed that even some of its private sector peers find enviable.
Between FY18 and FY24, it doubled its balance sheet. Despite being a late entrant in some segments, it has been able to grab market share, observes Tamal Bandyopadhyay.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
Odisha Police are investigating the purchase of petrol by a woman matching the description of a student who died by self-immolation after alleging sexual harassment. CCTV footage is being analyzed, and filling stations have stopped selling petrol in bottles. A UGC fact-finding team is also investigating the incident.
Nepal's claim on Lipulekh and Kalapani reopens a 200-year-old border dispute, while historical maps and treaties show the area belongs to India, asserts Lieutenant General Shakti Gurung (retd).
An alleged synthetic narcotics producer, Kubbawala Mustafa, wanted on an Interpol Red Notice, was deported to India from the UAE in an operation coordinated by the CBI and Mumbai police.
'Self-declaration from the customer in case of no change in KYC information or change only in the address details may be obtained.'
The last date to submit your application for the SBI Bank Clerk Examination for Junior Associates is August 26.
Bad loans in the agriculture sector remain elevated, with several public-sector banks (PSBs) reporting higher slippages in the April-June quarter of FY26. For many banks, non-performing assets (NPAs) in farm lending were 5 per cent or more, with some nearing double digits.'
The Indian Army's broader reorganisation is inevitable as India's military doctrine adapts to the demands of the modern battlefield.
Family members of the temple guard have alleged that the cause of death of the 28-year-old was not natural, and he passed away allegedly after being beaten and tortured during police interrogation.
The high-value Rs 2000 notes worth Rs 6,099 crore are still in circulation even after two years of the Reserve Bank withdrawing the currency, according to official data released on Tuesday. Rs 2000 banknotes continue to be legal tender.
Officials confirmed that all detained individuals were in India without valid documentation and had used fake papers to establish residence.
Each employee is generating more business than before -- driven by cost rationalisation, digital adoption, and better resource utilisation -- signalling a stronger foundation for sustainable growth and profitability.
In 2023-2024, 95 scheduled commercial banks received over 10 million complaints from their customers. The process of KYC at many banks has become 'HYC' -- harass your customer, points out Tamal Bandyopadhyay.
At times, this stress reaches a tipping point, resulting in tragedy. 'Organisations need to empower their people managers to foster psychological safety, where employees feel seen, heard, and supported -- not just as professionals, but as people navigating the pressures of work and life.'
The Commissioner of Railway Safety has determined that the Mysuru-Darbhanga Bagmati Express accident was caused by sabotage, prompting increased security measures and investigations.
India reasserted that Pakistan requested a cessation of firing via DGMO contact and addressed concerns about Pakistan's roles in UNSC committees.
In the month of May, the victim got a call from a person identifying himself as telecom department staffer Amit Kumar, who told her a SIM card had been bought with her personal details for use in criminal activities.
The only case where there could be a change in insurance payout is if Air India's management were found to be aware of the accident and the accident was deliberate.
Did you know that CVs without a cover letter, or with irrelevant and outdated details, are often discarded within the first 10 to 20 seconds?
'Some time back, music was just noise.' 'Producers wrongly think item songs sell better.' 'Audiences are intelligent, they accept whatever you give, but that doesn't mean you can fool them.'
'Only a fool would put his life savings into a restaurant at 59... but I did'
A lawyer has submitted an audio clip to the Delhi High Court, allegedly containing an admission by a senior Anti-Corruption Branch (ACB) officer about attempts to frame a special judge in a corruption case. The lawyer, representing a court staff member who filed a petition seeking an independent investigation, claims the ACB lodged an FIR against the staff member to "settle score" with the judge who issued notices to the ACB's joint commissioner for alleged threats to staff. The audio clip allegedly features an ACB officer admitting to framing the judge due to adverse rulings and suggesting that the judge was targeted due to his questioning of the ACB's investigations.
Prime Minister Narendra Modi presented a tree sapling to King Charles III as part of his 'Ek Ped Maa Ke Naam' environmental initiative during their meeting at Sandringham Estate.
If a woman can fly Rafale fighter jet in the Indian Air Force, then why are fewer women officers in gender neutral posts of judge advocate general (legal) branch of the Army, the Supreme Court wondered recently and questioned the Centre's rationale on a 50-50 selection criterion.
A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.
So, the next time someone tempts you with a slightly higher FD rate from a lesser-known bank, point them to hybrid funds that can deliver extra returns without the administrative and emotional rollercoaster.
The chief minister said the everyone from society, from the working classes to the upper classes, is associated with the yatra.
'Raising the entire amount in one go may not be prudent, given the market dynamics.'
An Ayurveda practitioner-turned-criminal, 67-year-old Devender Sharma was convicted in multiple murder cases and was notorious for dumping his victims' bodies in the crocodile-infested waters of Hazara Canal at Kasganj in Uttar Pradesh.
Brazilian President Luiz Inacio Lula da Silva on Wednesday (local time) issued a firm response to United States President Donald Trump's announcement of a 50 per cent tariff on Brazil by invoking the country's 'Economic Reciprocity Law', while asserting Brazil's sovereignty and rejecting 'any form of tutelage' in what he described as Trump's attempts to interfere in the country's internal judicial affairs.
Researchers from the Indian Institute of Astrophysics (IIA) have discovered an unexpectedly high abundance of germanium in the Extreme Helium star A980, challenging existing theories about stellar chemistry and the evolution of rare stars.
Banks have tightened their cyber security network to ward off any cyber threat in the wake of India launching missile attacks on Pakistan and Pakistan-occupied Kashmir. Banks have also improved their security at the branches near border areas due to heightened threat of a counter attack.
The high-value Rs 2000 notes worth Rs 6,181 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data released on Monday. Rs 2000 banknotes continue to be legal tender.
Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, has been arrested in the US based on extradition requests from the Enforcement Directorate and the CBI.
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