Abhijit Lele &Amp; Katya Naidu

Stories by Abhijit Lele &Amp; Katya Naidu

Banking licences: Corporate honchos rule out conflict

Banking licences: Corporate honchos rule out conflict

Rediff.com   24 Jan 2013

Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.

RBI begins check on collateral adequacy for loans

RBI begins check on collateral adequacy for loans

Rediff.com   21 Dec 2012

Leveraged balance sheets expose banks to sudden shocks.

In a first, SBI takes its officers' body to court

In a first, SBI takes its officers' body to court

Rediff.com   17 Dec 2012

Agitation against 7-day banking move prompts action.

Most banks wary of growing unsecured loan portfolio

Most banks wary of growing unsecured loan portfolio

Rediff.com   9 Nov 2012

Despite sluggish credit growth, most banks are cautious about growing their unsecured loan portfolio.

Bank unions set the ball rolling for wage talks

Bank unions set the ball rolling for wage talks

Rediff.com   6 Nov 2012

Unions said the revised wage structure should reflect the merger of dearness allowance.

FM to meet govt bank chiefs on Nov 15

FM to meet govt bank chiefs on Nov 15

Rediff.com   2 Nov 2012

Also on agenda is rising credit flow to MSMEs & farm sector.

Kingfisher lenders left in the lurch

Kingfisher lenders left in the lurch

Rediff.com   23 Oct 2012

Lenders to Kingfisher Airlines have been left in the lurch, with most hoping the airline resumes operations, as this would ensure at least some revenue flow.

India Inc's capex plans still in the freezer: Bankers

India Inc's capex plans still in the freezer: Bankers

Rediff.com   1 Oct 2012

Nine of 10 bankers who attended the meeting admitted their sanctioned loan pipeline was shrinking fast due to tepid demand.

RBI wants banks to install system to alert police

RBI wants banks to install system to alert police

Rediff.com   4 Sep 2012

As ATMs hold huge amounts in cash and criminals use them to get to customers' cards and PIN data, electronic security is crucial

Pan-national 2G spectrum not on any telco's radar

Pan-national 2G spectrum not on any telco's radar

Rediff.com   6 Aug 2012

Videocon starts race, says will bid in eight circles, expects 5-MHz spectrum to go for Rs 20,000 crore

Poor rains may hit MFI recoveries

Poor rains may hit MFI recoveries

Rediff.com   27 Jul 2012

Microfinance institutions' deluge of problems, it seems, is never-ending.

Why state electricity boards are facing a big crisis

Why state electricity boards are facing a big crisis

Rediff.com   15 Jun 2012

Anil Sardana, managing director of India's largest private power producer, says though the tariff freeze by some states is causing tremendous stress, the company will go ahead with the expansion of the Mundra project.

Major PSUs able to reduce staff cost

Major PSUs able to reduce staff cost

Rediff.com   14 Jun 2012

According to data compiled by BS Research Bureau for BSE 100 companies, seven public sector companies -- Indian Oil Corporation (IOCL), Bank of India, Union Bank, Bharat Petroleum (BPCL), Oil and Natural Gas Corporation (ONGC), Hindustan Petroleum (HPCL) and GAIL -- have reduced their employee costs ranging from one per cent to 21 per cent.

Rs fall to have limited benefit for exports

Rs fall to have limited benefit for exports

Rediff.com   24 May 2012

But weak global demand, costly imports play spoilsport

Icra plans to expand in Asia

Icra plans to expand in Asia

Rediff.com   9 May 2012

After establishing a presence in Indonesia and Sri Lanka, Icra, the rating agency and associate of Moody's in India, plans to expand further in Asia to get a slice of business from the growing bond markets.

Axiata logs out of talks to buy stake in Tikona Digital

Axiata logs out of talks to buy stake in Tikona Digital

Rediff.com   6 Apr 2012

Malaysia's leading telecom operator, Axiata, has backed out of its negotiations to pick up a substantial stake in broadband wireless access operator Tikona Digital.

Public sector banks may not flock to IIMs

Public sector banks may not flock to IIMs

Rediff.com   14 Feb 2012

State Bank of India and IDBI Bank have decided not to go to the IIMs this year.

Banks step in to help India Inc repay European debt

Banks step in to help India Inc repay European debt

Rediff.com   3 Jan 2012

Bankers and industry analysts say a number of public and private sector banks have expressed willingness to offer fresh loans to Indian companies to help them repay their overseas dues maturing in the near term.

SBI's teaser home loans to pinch borrowers more

SBI's teaser home loans to pinch borrowers more

Rediff.com   21 Dec 2011

Bank will charge floating rates of interest from January.

Short-term fixed deposits see a change in fortunes

Short-term fixed deposits see a change in fortunes

Rediff.com   4 Nov 2011

Higher returns, more liquidity draw individual investors to savings accounts.