Nobel winner Venki has trouble buying phone in UK

Nobel laureate Venkatraman Ramakrishnan found it difficult to buy an iPhone from British mobile service provider O2 for the simple reason that he spelt his first name as 'Venki' in the application......

Why it makes sense for banks to lend to MSMEs

'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,'......

EPFO dumps CSC Aadhaar services after data theft

Unique Identification Authority of India said the alleged data breach took place on a website that does not belong to it Illustration: Uttam Ghosh/Rediff.com Confidential data from one of the......

Just how bad are the bad loans?

  Only a fraction of defaulting loans is reported to central databases; what is made available for public scrutiny would be even less How much ‘bad loans’ are banks stuck with?......

Banks knock on courts' doors to recover Rs 1.86 lakh crore

Cases across the country against defaulters who owe over Rs 1 crore each, reveal CIBIL data. Banks and financial institutions are fighting cases across the country to recover at least Rs 1.86 lakh......