How babus yearn to wear the judicial hat in tribunals

'Experience of administration may make a member of civil service a good administrator but not necessarily an able and impartial adjudicator,' observes the Supreme Court.   The unseemly power......

South Indian Bank to name new CEO by May as Ramakrishnan announces exit

South Indian Bank is likely to name a new managing director (MD) and chief executive officer (CEO) by May end, said the Thrissur-based lender on Wednesday. The bank’s shares dipped some 14......

Banks record a higher deposit growth rate in Q2 FY25 than Q1 FY25

Banks recorded a higher growth year-on-year (Y-o-Y) in raising deposits during the second quarter of financial year 2025 (Q2FY25) compared to Q1FY25, owing to intensified efforts to raise......

Net credit card additions down 48% to 2 mn in Q1

The net credit card additions in the banking sector nearly halved to 2 million in the first quarter of the current financial year (Q1FY25) from the previous quarter due to seasonal and regulatory......

Banks await RBI approval for appointing second whole-time director

More than half a dozen private-sector banks are awaiting regulatory approval for the appointment of a second whole-time director on their boards. Photograph: Ajay Verma/Reuters In a notification......