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Friday, December 12, 2025
TopicBanking

Topic: Banking

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

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

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

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

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

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

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

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

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

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

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

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.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

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.