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Wednesday, October 29, 2025
TopicBanking

Topic: Banking

China tells banks, wealth fund to cut pay as economy slumps

Bloomberg News -
The move could mean more money in Chinese government coffers for stimulus and marks another step in forcing its $41 trillion banking system to support economic recovery.

With coronavirus, the era of digital banking is finally here

Elisa Martinuzzi -
Banks have got a glimpse of their digital future now. The hard part is hanging on to the most useful changes as the lockdowns ease.

Yes Bank moratorium to be lifted, banking services to be available from 18 March

PTI -
Yes Bank clarified that cheque clearing and forex services will remain inactive, while transactions at branches won't have any limit from 19 March.

Vodafone to NHAI to SBI to solar power — Why ‘cheapest’ mantra is creating havoc in India

Ashutosh Sinha -
Catering to the bottom of the pyramid with ‘cheap’ services has forced many businesses in India’s infrastructure sector to go belly up.

The world’s biggest banknote printer is running short of money

Chris Bryant -
After British company De La Rue's shares plunge to one fifth their value, concerns arise about the future of the banks it owes money to.

The world’s most expensive bank limits staff water to cut costs

Rieka Rahadiana -
Such stringent cost control is just an example of how the lender has managed to pare expenses and boost efficiency, wooing investors along the way.

Millennials are not afraid of EMIs, Nirmala Sitharaman. They are borrowing and spending

Remya Nair -
Younger generation takes loans for everything — from buying an AC, fridge, TV, washing machine to high-valued items like cars.

Kumar Mangalam Birla hires StanChart, Goldman bankers

Baiju Kalesh -
The billionaire’s Aditya Birla Group appointed Standard Chartered dealmaker Sandeep Agrawal and Manish Dabir from Goldman, sources said.

Parliament passes Aadhaar Bill, makes it voluntary for new bank accounts & mobile connections

PTI -
Rajya Sabha passed the Aadhaar and Other Laws (Amendment) Bill, 2019, which includes a Rs 1 crore penalty and jail term for violating provisions on Aadhaar data.

India is sleepwalking to trouble on debt of real estate developers

Andy Mukherjee -
A lack of project cash flows, combined with costlier refinancing, could force property assets to head straight to the morgue after moratorium.
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Opinion

Women are missing from Chinese politics. CCP is a boys’ club

Sana Hashmi -
Under Xi, the CCP’s political structure has become even more centralised and male-dominated. Power increasingly revolves around a tight inner circle of male loyalists.

TTP is byproduct of Pakistan’s own policies. Attacking Afghanistan won’t solve crises at home

Takaichi channels Abe & wins over Trump

Economy

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Udit Bubna -
Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

Defence

India pulled out of Tajikistan’s strategically important Ayni air base in 2022. Here’s why

Snehesh Alex Philip -
Tajikistan did not want to extend the lease because of apparent pressure from Russia & China over non-regional military personnel at the air base, it is learnt.

National Interest

Deepfake on duty: when I asked AI to read Op Sindoor citations

Shekhar Gupta -
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.

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