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Licensing Finance Branch

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How Aadhaar promotes a digital caste system

The linking of biometric UID/Aadhaar number to all public services makes “We, the People of India” worse than slaves, says Dr Gopal Krishna. The second in a 7-part series. Illustration:......

California shooter received $28,500 before killings

Image: Syed Rizwan Farook is pictured in his California driver's license, in this undated handout provided by the California Department of Motor Vehicles. Photograph: California Department of......

JPC gives clean chit to PM, says Raja had 'misled' him

The Joint Parliamentary Committee has given a clean chit to Prime Minister Manmohan Singh on 2G spectrum allocation, saying he was “misled” by the then Telecom Minister A Raja whose......

Draft report on 2G loss highlighted possibilities: CAG

Against the backdrop of dispute over figures of presumptive loss in 2G spectrum allocation, the Comptroller and AG has said the draft report which had put Rs 2,645 crore as one of the loss figures......

Frustrated guard opens fire; kills self, 2 others

The calm in a locality in south Delhi was shattered on Thursday evening when multiple shots rang out inside a finance office. A young security guard, in an apparent show of frustration over low......

Ex-SBI chief's book is frank, but is it fearless?

Barring stray references such as the 'dual control' of banks and shifting the goalposts during demonetisation, he is not in a fault-finding mode with the government, notes Tamal Bandyopadhyay.......

RBI's 3-pronged strategy to revive PMC Bank

The three investors that have submitted their final bids fpr PMC are not commercial banks. Among the three, one is a non-banking financial company. Another distinctive feature of the revival is......

LVB to become DBS Bank India from Nov 27; Rs 25,000 withdrawal restriction to go

Crisis-hit Lakshmi Vilas Bank (LVB) will merge into the Indian arm of Singapore-based DBS Bank on Friday, leading to removal of all restrictions, including withdrawal cap of Rs 25,000, which the......

Sachin Bansal quits Ujjivan Small Finance Bank board

Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank Ltd citing that an entity owned and controlled by him has applied for a universal banking licence, according to a regulatory......

Tax sops in Budget to make GIFT City a global financial hub

Standard Chartered Bank is setting up an international banking unit primarily to look after Indian company requirements. The bank is looking for a $2-billion loan book in the first five years of......

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