Abhijit Lele &Amp; Abhineet Kumar

Stories by Abhijit Lele &Amp; Abhineet Kumar

NSE offering will see record private equity exit through IPO

NSE offering will see record private equity exit through IPO

Rediff.com   10 Jan 2017

The National Stock Exchange's proposed IPO to raise Rs 10,000 crore this year is expected to see the largest ever PE exit, of around Rs 5,000 crore.

SBI rolls out teaser home loans after 8 years

SBI rolls out teaser home loans after 8 years

Rediff.com   3 Jan 2017

A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.

Deal Street sets $81 billion record as promoters shed taboo

Deal Street sets $81 billion record as promoters shed taboo

Rediff.com   2 Jan 2017

Cross previous high of $72 billion in 2007 as Indian promoters overcome the selling taboo. Abhineet Kumar reports from Mumbai.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com   22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

Bank staff slogging it out on their own

Bank staff slogging it out on their own

Rediff.com   17 Dec 2016

There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.

Credit exposure limit set for banks

Credit exposure limit set for banks

Rediff.com   2 Dec 2016

New regime on loans to one party to kick in by Apr 2019.

Banks brace for coming pay rush as salary day approaches

Banks brace for coming pay rush as salary day approaches

Rediff.com   30 Nov 2016

Branch networks will give preference to pensioners and labourers for withdrawing money.

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

Rediff.com   29 Nov 2016

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.

55% of SBI's cash deposits came from beyond cities

55% of SBI's cash deposits came from beyond cities

Rediff.com   28 Nov 2016

SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.

20% dip in currency in circulation in week ended Nov 18

20% dip in currency in circulation in week ended Nov 18

Rediff.com   24 Nov 2016

According to the Reserve Bank of India, the currency in circulation reduced by Rs 360,700 crore to Rs 1,426,900 crore during the week under review.

SBI Boss: Banks will be back to 'normal' by November 30

SBI Boss: Banks will be back to 'normal' by November 30

Rediff.com   15 Nov 2016

'We have collected Rs 83,702 crore in deposits in five days.'

Lenders to gain as home loan size set to increase

Lenders to gain as home loan size set to increase

Rediff.com   10 Nov 2016

HFCs and banks expect a drop in demand for housing loans in the short-term.

Tata-Mistry battle leaves SBI worried

Tata-Mistry battle leaves SBI worried

Rediff.com   8 Nov 2016

As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.

Partnership with Jio a virtual merger: Anil Ambani

Partnership with Jio a virtual merger: Anil Ambani

Rediff.com   28 Sep 2016

Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this

RBI may pause this time, but rate cut likely in Dec

RBI may pause this time, but rate cut likely in Dec

Rediff.com   26 Sep 2016

Lower inflation, FCNR(B) outflows likely to influence central bank decision

Soaring losses may queer Tata Tele's spectrum pitch

Soaring losses may queer Tata Tele's spectrum pitch

Rediff.com   12 Sep 2016

Accumulated sum Rs 31,500 crore in 2015-16

Tata, Nilekani, Kelkar join hands to help the poor

Tata, Nilekani, Kelkar join hands to help the poor

Rediff.com   30 Aug 2016

The venture is applying to the Reserve Bank of India for approvals.

Share swaps kick off SBI merger

Share swaps kick off SBI merger

Rediff.com   19 Aug 2016

All shares held by SBI in the five associate banks will stand cancelled after merger.