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Friday, December 12, 2025
TopicBanking

Topic: Banking

Cyprus, ‘haven for Russian money laundering’, supports excluding Russia from SWIFT banking 

Experts say the move is significant not only because Cyprus is allegedly home to offshore companies of Russian oligarchs but also because it’s a non-NATO member

‘Baboo’s feelings hurt’?— How precursor to SBI treated Indian customers in British era

In ‘The SBI Story’, Vikrant Pande traces the history of India’s oldest bank, and how it came to be during the British Raj.

How did SBI become synonymous with banking in India? New book tells story of last 2 centuries

Published by Westland Books, The SBI Story by Vikrant Pande, will be released on 2 February on SoftCover, ThePrint’s e-venue to launch select non-fiction books.

Institute of Banking Personnel Selection releases admit cards for IBPS PO Mains, exam on 22 Jan

IBPS PO Mains exam consists of two papers — Objective and Descriptive — carrying a total marks of 225. The duration of the exam is three hours and 30 minutes.

The banking jobs algos can’t destroy

The world of dollar-denominated bonds sold by companies in emerging markets, especially China, is the last frontier where finance careers are safe from machines and autocrats.

How I guided SBI through demonetisation, IBC, Jet Airways crisis and Covid: Rajnish Kumar

In ‘The Custodian of Trust’, former SBI chairman Rajnish Kumar writes about telling his 2.6 lakh employees to maintain ethics in banking and a work-life balance.

Banks should adopt digitisation to ensure govt schemes reach needy, says Nirmala Sitharaman

The Finance Minister said it was due to use of digitisation through banking correspondents that govt's financial disbursements were distributed to the poor even during Covid pandemic.

RBI optimistic about 9.5% GDP growth projection for FY22 being met, Shaktikanta Das says

RBI Governor Das further said the central bank will seek to gradually move towards achieving the 4% target, but the possibility of a sustained increase in inflation is unlikely.

Load up on foreign stocks, top banker tells wealthy Indians

Kotak Investment Advisors CEO Srikanth Subramanian says softening of rules will see higher returns from some overseas markets than what investors can get from Indian equities.

Lok Sabha passes bill allowing depositors to get insurance money in 90 days

Finance Minister Nirmala Sitharaman said the legislation will benefit small depositors, including those of the Punjab and Maharashtra Cooperative Bank.

On Camera

IndiGo cancellations made TV news do the unexpected — question the Modi government

Republic TV was the harshest of them all: “The (civil aviation) minister has done a bad job,” said prime time anchor Arnab Goswami.

IndiGo’s profits dipped, most airlines sunk into losses last fiscal even as flier numbers soared

Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.

Dubai Tejas crash revives focus on advanced, fully automated safety systems

Dubai airshow crash & pilot death have rekindled concerns over pilot safety, and need for smarter automated systems that can step in when G-forces, temporary loss of consciousness hit the pilot.

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.