Anindita Dey &Amp; Abhijit Lele

Stories by Anindita Dey &Amp; Abhijit Lele

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.

Export curb likely on rice, wheat, sugar and cotton

Export curb likely on rice, wheat, sugar and cotton

Rediff.com   25 Sep 2012

Govt uneasy at prices, availability for domestic consumption.

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

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.

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.

Re to have a bigger play in global trade

Re to have a bigger play in global trade

Rediff.com   13 Mar 2012

This decision is based on the precedent in the case of Iran where DGFT last week allowed export proceeds realised even in Indian rupees to be made eligible for export benefits and incentives under India's foreign trade policy.

Agri ministry's flagship scheme may be revamped

Agri ministry's flagship scheme may be revamped

Rediff.com   20 Feb 2012

According to official sources, the scheme will support a new objective of asset creation along with its current job of funding project and schemes.

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.

FDI in retail: Food ministry wants new clause

FDI in retail: Food ministry wants new clause

Rediff.com   1 Feb 2012

The Union ministry of food and consumer affairs proposes to insert a new clause in the fresh discussion note for the Cabinet on allowing foreign direct investment (FDI) in multi-brand retail.

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.

Direct selling agents, RIP

Direct selling agents, RIP

Rediff.com   22 Aug 2011

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