The big dreams of small finance banks

The big dreams of small finance banks

If politicians stop spoiling the credit culture, clamouring for loan waivers, the small finance banks can change India’s banking landscape. Photo: Hemant Mishra/Mint All the 10 small finance banks that have got the in-principle licence from the Reserve Bank of...
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One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

One Fifth Of IDBI Bank’s Loans Turn Bad In Q4, Shares Plunge

IDBI Bank shares plunged as much as 9 per cent on Thursday after the state-owned bank said that more than one fifth of its advanced turned bad in the March quarter. IDBI Bank, which reported its earnings for the January-March...
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Amazing haul of ancient human finds unveiled

Amazing haul of ancient human finds unveiled

A new haul of ancient human remains has been described from an important cave site in South Africa. The finds, including a well-preserved skull, bolster the idea that the Homo naledi people deliberately deposited their dead in the cave. Evidence...
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Why 60 percent of small-business owners want Obamacare repealed

Why 60 percent of small-business owners want Obamacare repealed

Across America many small-business owners are cheering at the GOP win on repealing and replacing Obamacare. After years of debate, the House voted Thursday to repeal key parts of the Affordable Care Act and replace them with new provisions that...
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PF Body May Invest Up To 15% Of Investable Amount In Equities

PF Body May Invest Up To 15% Of Investable Amount In Equities

Hyderabad: Buoyed by the surging stock markets, the Employees Provident Fund Organisation (EPFO) may propose to invest up to 15 per cent of its investable amount in equity markets during the next fiscal, Union Labour Minister Bandaru Dattatreya said. “We...
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US photographer captured moment of her death in Afghanistan

US photographer captured moment of her death in Afghanistan

Media captionThe American faces at war A photo taken by a US Army camerawoman of the moment she and four Afghans were killed in an explosion has been released by the American military. Specialist Hilda Clayton, 22, and four Afghan...
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