Abhijit Lele &Amp;Amp; Ruchika Chitravanshi

Stories by Abhijit Lele &Amp;Amp; Ruchika Chitravanshi

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.

Debt restructuring plans flood banks

Debt restructuring plans flood banks

Rediff.com   10 Oct 2011

CDR amount jumps six times in first half; bankers expect things to worsen.

With high rates here, India goes abroad to borrow

With high rates here, India goes abroad to borrow

Rediff.com   12 Sep 2011

Prompted by the Reserve Bank of India's increase in the key rate, the repo, banks have raised interest rates by 325-350 basis points.

Hit by permit hassles, hotel majors stall projects

Hit by permit hassles, hotel majors stall projects

Rediff.com   5 Sep 2011

Many leading hospitality companies looking at expansion are either deferring launches or stalling projects on the back of various challenges including fund crunch and roadblocks in getting permits.

Direct selling agents, RIP

Direct selling agents, RIP

Rediff.com   22 Aug 2011

Third-party sales force in financial sector dying slow death.

Want adventure, go holidaying

Want adventure, go holidaying

Rediff.com   25 Jul 2011

Indian appetite for adventure tourism is increasing consistently, with the segment seeing an over 10 per cent year on year increase in travellers.

Banks' exposure in Noida Extn up to Rs 1,200 cr

Banks' exposure in Noida Extn up to Rs 1,200 cr

Rediff.com   21 Jul 2011

Banks and housing finance companies (HFCs) are trying to figure out their exposure to real estate projects in Noida Extension, which have come under cloud after courts cancelled land acquisition in several villages by Greater Noida authorities.

CBI to soon question Maxis' Krishnan

CBI to soon question Maxis' Krishnan

Rediff.com   18 Jul 2011

A Central Bureau of Investigation (CBI) official said the agency would soon call Malaysian businessman T Ananda Krishnan for questioning. Maxis is part of the business empire of Krishnan, who is expected to soon fly to New Delhi.

Power cos seek ministry help on imported coal

Power cos seek ministry help on imported coal

Rediff.com   14 Jul 2011

Companies say the viability of 13,000 megawatts worth of projects, which have fixed power sale tariffs, hinge on the government decision.

Highest NPAs in smallest home loan bracket

Highest NPAs in smallest home loan bracket

Rediff.com   13 Jul 2011

According to recent finance ministry data that captures the performance of public sector banks, instances of home loan defaults contributing to gross non-performing assets was the highest in the category of loans up to Rs 200,000.

CBI caught in Loop-Essar tangle

CBI caught in Loop-Essar tangle

Rediff.com   30 Jun 2011

The third chargesheet was scheduled to come out by the first week of July.

For PSBs, loss and succession go together

For PSBs, loss and succession go together

Rediff.com   14 Jun 2011

RBI slams public sector banks for the strange phenomenon of profits dipping when a new chairman takes over.

New SBI chief is on a clean-up mission

New SBI chief is on a clean-up mission

Rediff.com   31 May 2011

Insiders say some issues that demand immediate attention include improving asset quality and conservation of capital.

Meet the man behind India's largest private sector

Meet the man behind India's largest private sector

Rediff.com   26 May 2011

Gautam Adani, the 48-year-old chairman of the Ahmedabad-based company was declared the seventh-richest Indian by Forbes in September 2010 and the second-richest by Business Standard in December 2010.

Education loans: Good marks, no security

Education loans: Good marks, no security

Rediff.com   13 May 2011

Bankers' committee suggests banks lend to meritorious students without collateral.

SBI's rate increase signals shift in strategy

SBI's rate increase signals shift in strategy

Rediff.com   13 May 2011

Sharp increase is a major departure from those during former chairman O P Bhatt's regime.

2G probe: CBI-ED team to visit Cyprus, Mauritius

2G probe: CBI-ED team to visit Cyprus, Mauritius

Rediff.com   27 Apr 2011

Central probe agency likely to file third chargesheet in some weeks, may name Datacom, Loop Telecom.