Anup Roy, Namrata Acharya &Amp; Abhijit Lele

Stories by Anup Roy, Namrata Acharya &Amp; Abhijit Lele

Interest rates unlikely to change in whole of 2018

Interest rates unlikely to change in whole of 2018

Rediff.com   5 Jan 2018

Growth impulses, while improving, remain fragile, and a rate hike will be disruptive to interest costs.

Post DeMo, bank credit grows at over 10% in December

Post DeMo, bank credit grows at over 10% in December

Rediff.com   4 Jan 2018

Loans, cash credits, and overdrafts at the end of December 22, 2017, stood at Rs 81,287.32 billion, against Rs 73,340 billion in the year-ago period.

World Bank arm to sell 1.8% stake in Bandhan Bank

World Bank arm to sell 1.8% stake in Bandhan Bank

Rediff.com   2 Jan 2018

Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.

National Insurance IPO will happen only after April 1, 2018

National Insurance IPO will happen only after April 1, 2018

Rediff.com   28 Dec 2017

Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain

Banks are responsible for bad debt mess: RBI

Banks are responsible for bad debt mess: RBI

Rediff.com   22 Dec 2017

Banks might not have realised the exact implication of risky projects under PPP projects, which were getting implemented under high leverage

'Farmers must get proper returns for labour, time, investment'

'Farmers must get proper returns for labour, time, investment'

Rediff.com   20 Dec 2017

State Bank of India (SBI) chairman Rajnish Kumar, in conversation with Abhijit Lele, also says that the overhang of corporate debt stress will begin to recede in the next two-three quarters.

'RBI now has a problem of plenty'

'RBI now has a problem of plenty'

Rediff.com   5 Dec 2017

While RBI's foreign exchange reserves have swelled to over $400 billion, it has a 'sell' position of $981 billion.

Depositors, don't worry about losing money: Bankers

Depositors, don't worry about losing money: Bankers

Rediff.com   2 Dec 2017

Will the Financial Resolution and Deposit Insurance Bill endanger our bank deposits?

How SBI plans to retain its competitive edge

How SBI plans to retain its competitive edge

Rediff.com   27 Nov 2017

The bank is also working on a three-year business plan, nearly coinciding with the time its new chairman Rajnish Kumar would be in the corner office.

'We have to transparently define what is fraud and what is wilful default'

'We have to transparently define what is fraud and what is wilful default'

Rediff.com   24 Nov 2017

K C Chakrabarty, former deputy governor, RBI, talks to Anup Roy on issues in the new bankruptcy law and rules.

IBC tweak: 'Wilful defaulters' may now seek legal help

IBC tweak: 'Wilful defaulters' may now seek legal help

Rediff.com   24 Nov 2017

Essar group, Bhushan Steel and JSW group likely to be impacted by changes

'India and China are likely to grow at over 5%'

'India and China are likely to grow at over 5%'

Rediff.com   17 Nov 2017

Daniel Wu, chairman of the Asian Bankers Association (ABA), says there is merit in merging some of the less efficient public sector banks in the country.

Bankers divided over tech vs human touch

Bankers divided over tech vs human touch

Rediff.com   7 Nov 2017

There's a long way to go before human beings are replaced by machines -- in banks at least.

'Q2, Q3 in FY 18 will be bumper quarters for GDP'

'Q2, Q3 in FY 18 will be bumper quarters for GDP'

Rediff.com   7 Nov 2017

'The 5.7% growth in the April-June period is an aberration because of GST.' 'Business activity in the last 15 days of the quarter was minimal or zero.'

Small banks plan to lower deposit rates

Small banks plan to lower deposit rates

Rediff.com   6 Nov 2017

However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks

Foreign banks' presence in India declining, confirms RBI

Foreign banks' presence in India declining, confirms RBI

Rediff.com   2 Nov 2017

Foreign banks had 317 branches in 2015-16; it has reduced to 286. In the same period, employee strength came down from 26,642 to 24,766.

India issues $1.95 billion green bonds in Q2

India issues $1.95 billion green bonds in Q2

Rediff.com   31 Oct 2017

Traditionally, issuance from Chinese companies dominate the green bond market, but other emerging market economies are coming up fast

How the economy stands to gain from bank recapitalisation move

How the economy stands to gain from bank recapitalisation move

Rediff.com   25 Oct 2017

The move will have cascading effects for lot of related sectors

Gross NPAs of private banks up 55% in Q2

Gross NPAs of private banks up 55% in Q2

Rediff.com   23 Oct 2017

On a sequential basis, banks have had to set aside a substantial amount for bad loans, up 30 per cent from Rs 3,459 crore in the June quarter to Rs 4,508 crore.

RBI's most teething problem: Controlling inflation

RBI's most teething problem: Controlling inflation

Rediff.com   23 Oct 2017

A combination of farm loan debt waivers by state governments and the implementation of the pay commission award could entail some fiscal slippages and pose a risk to inflation