Advait Rao Palepu

All stories by Advait Rao Palepu

Cyber security: Why banks may be vulnerable

Cyber security: Why banks may be vulnerable

Rediff.com31 Dec 2018

'There's a huge need for advancements in current security incident logging and monitoring practices.'

Will RBI cut rates in February?

Will RBI cut rates in February?

Rediff.com20 Dec 2018

RBI in wait and watch mode as several risks to inflation continue to exist including a sudden reversal of food prices and oil price volatility.

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

RBI to buy an additional Rs 40,000 crore worth of G-secs in Dec

Rediff.com28 Nov 2018

Stemming from the default of IL&FS in September, on various debt instruments including commercial papers, bonds and loans, the financial sector has been facing a liquidity crunch for the last eight to ten weeks.

Delay in bankruptcy cases of the Dirty Dozen cost lenders dear

Delay in bankruptcy cases of the Dirty Dozen cost lenders dear

Rediff.com22 Nov 2018

Around 241 companies were sent for liquidation under the IBC by various NCLT benches and in only 58 cases have the resolution plans been accepted

RuPay, UPI set to pip global giants in retail transactions

RuPay, UPI set to pip global giants in retail transactions

Rediff.com22 Nov 2018

An analysis for the first eight months of CY18 shows that the value of RuPay and UPI transactions constitute 65.2 per cent of all transactions done through debit and credit cards, in value terms, across retail outlets by the end of August.

Post DeMo, cash is back with a bang!

Post DeMo, cash is back with a bang!

Rediff.com14 Nov 2018

The currency with the public is 10.3 per cent higher than it was in the week preceding November 8, 2016 - from Rs17.97 trillion to Rs18.76 trillion.

IL&FS board readies turnaround plan

IL&FS board readies turnaround plan

Rediff.com23 Oct 2018

JM Financial Consultants, Arpwood Capital and Alvarez & Marsal will advise the board going forward

IL&FS value to be preserved, says non-executive chairman Uday Kotak

IL&FS value to be preserved, says non-executive chairman Uday Kotak

Rediff.com5 Oct 2018

The new board will have to provide the NCLT a road map for turning around the company by October 31, which, Kotak said, is challenging, given that the company's issues represent a "moving target"

SC's Aadhaar verdict opens up UIDAI to legal suits

SC's Aadhaar verdict opens up UIDAI to legal suits

Rediff.com3 Oct 2018

'People, whose sensitive information has been leaked by State agencies or companies having license from UIDAI to access the Aadhaar database, can file suits, collectively or individually.'

ICICI Lombard to use AI in processing insurance claims quickly

ICICI Lombard to use AI in processing insurance claims quickly

Rediff.com19 Sep 2018

The artificial intelligence-based system aims to authorise cashless claims within 60-90 seconds and bring the turnaround time for investigations down to a one day, or even a few hours.

What awaits Urjit Patel in 3rd year as RBI governor

What awaits Urjit Patel in 3rd year as RBI governor

Rediff.com1 Sep 2018

Heading to the third year, will Urjit Patel be busy firefighting a currency crisis? Almost no governor of the RBI managed to evade it and Patel perhaps knows it.

The fault lines behind Cosmos Bank attack

The fault lines behind Cosmos Bank attack

Rediff.com15 Aug 2018

The unidentified hackers had executed money transfers on two separate occasions - August 11 and August 13 - which raises the question of why pro-active measures were not taken on the first night itself

IBC process: Any buyers for these 137 firms facing liquidation?

IBC process: Any buyers for these 137 firms facing liquidation?

Rediff.com14 Aug 2018

With assets depreciating over time, it will lead to large haircuts for lenders and creditors, say experts

Will Ayushman Bharat disrupt the health insurance market?

Will Ayushman Bharat disrupt the health insurance market?

Rediff.com10 Aug 2018

As a result of the mass state-led scheme, the processes in the health insurance market could get simplified over time and become uniform

How effective is the bankruptcy code?

How effective is the bankruptcy code?

Rediff.com9 Aug 2018

Experts say that under the liquidation process, financial and operational creditors are less likely to recover the full-value of their dues, while employees may not get their full salaries.

5-yr motor insurance: Who benefits, who loses

5-yr motor insurance: Who benefits, who loses

Rediff.com25 Jul 2018

Advait Rao Palepu reports how a recent Supreme Court order will impact motor vehicles insurance policies.

Home truth: Spike in HFCs' bad loans hobble PMAY

Home truth: Spike in HFCs' bad loans hobble PMAY

Rediff.com31 May 2018

PMAY-Gramin, which was launched in November 2016, aims to construct 10 million homes by March 31, 2019, with private sector and state government participation

Summer vacation at tribunals hits bankruptcy proceedings

Summer vacation at tribunals hits bankruptcy proceedings

Rediff.com21 May 2018

Representatives of stressed companies could seek more time for submitting a resolution plan, provided there is appropriate justification, said legal experts, but getting an extension will not be automatic just because an NCLT Bench is on vacation.

'Banks to recover 48% from NPA accounts in RBI list'

'Banks to recover 48% from NPA accounts in RBI list'

Rediff.com18 Apr 2018

The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.

How insurance blockchain can ease customers' burden

How insurance blockchain can ease customers' burden

Rediff.com4 Apr 2018

Life insurance companies assert that the blockchain being created has strict protocols to leave no room for manipulation and exploitation, or unauthorised use of customer data and personal information.

Why millennials need to be more careful about kidney ailments

Why millennials need to be more careful about kidney ailments

Rediff.com30 Mar 2018

Study reveals alarming trend.

How banks can minimise losses from fraud

How banks can minimise losses from fraud

Rediff.com21 Mar 2018

25,600 cases of banking fraud totalling Rs 1.79 billion were reported up to December 2017. 'There is an inherent legacy when it comes to insuring crime.' 'Generally, most banks are uncomfortable in sharing data about employee fraud.'

PSU banks lost Rs 227 bn to frauds in 5 years

PSU banks lost Rs 227 bn to frauds in 5 years

Rediff.com15 Feb 2018

Over 25,600 cases of banking fraud reported up to December 21, 2017, says Minister RS Prasad.

'The cultural base of 9 ASEAN States is Indian'

'The cultural base of 9 ASEAN States is Indian'

Rediff.com26 Jan 2018

'What India needs to do is to re-build those cultural links in a way it didn't.' 'Clearly, India needs to wake up and spend more time on ASEAN.'

'Rising oil price is an important risk factor for India'

'Rising oil price is an important risk factor for India'

Rediff.com22 Dec 2017

Demonetisation was not a good idea and the time should have been utilised instead to fine-tune the Goods and Services Tax before it was introduced, said Gita Gopinath, John Zwaanstra Professor of International Studies and of Economics at Harvard University, in an interview with Advait Rao Palepu.

India's external debt down first time since 2001-02

India's external debt down first time since 2001-02

Rediff.com12 Dec 2017

India's sovereign debt is much lower than that of other emerging economies like Argentina, Indonesia, Mexico, the Philippines, and South Africa.