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Cellphone film showcases youth's green concern

A youth from near Mumbai has combined his knowledge of new media with an expertise in science to create an authentic, individual protest against man's destructive......

Why linking loans to external benchmark won't be easy for banks

The debate on the merits or otherwise of external benchmarks also does not answer a fundamental question raised by Viral Acharya, the former deputy governor of RBI: “The issue is - who should......

SBI's new interest rate for savings A/C holders decoded

The bank will give 3.25 per cent interest on savings bank deposits with a balance exceeding Rs 100,000. At present, the interest rate is 3.5 per cent. Savings bank account holders in SBI having......

RBI keen to link home, auto loans with external benchmark

Currently, banks follow system of internal benchmarks, including Prime Lending Rate, Benchmark Prime Lending Rate, Base rate and Marginal Cost of Funds based Lending Rate. Illustration: Uttam......

Why benchmark rate for bank loans is still an illusion

None of the four benchmarks suggested by the RBI is ideal as banks in India create loan assets from their deposits and not borrowings from the regulator or the market, says Tamal Bandyopadhyay.......

In a first, SBI links pricing of loans, deposits to repo rate

The move will to a large extent speed up the monetary transmission process--which is banks passing on the rate cuts that the Reserve Bank announces to their borrowers without much delays--something......

The web's most dangerous Indian sports celebrities

McAfee compiled its second annual list using McAfee SiteAdvisor technology for celebrity names that produce the largest number of risky sites and overall risk percentage, when searched on the Web.......