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Licensing Finance Branch

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Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

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......

Why Foreign Financial Firms Quit India

There was no smooth surge in middle class prosperity for foreign businesses to tap into because of the Indian economy was mismanaged, argues Debashis Basu. Photograph: Nick Zieminski/Reuters Among......

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......

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