Archis Mohan, Abhijit Lele

Stories by Archis Mohan, Abhijit Lele

Congress bets on anger against 'dhokha'

Congress bets on anger against 'dhokha'

Rediff.com   3 Mar 2019

The Congress surveys, at least until now, have indicated the nationalistic fervour over the Pulwama terror attack is more an effort by mainstream media outlets, like news channels and newspapers, to shape a particular narrative, when the people on the ground are still asking basic questions of livelihood, jobs and better price for farm produce.

RBI removes 3 more banks from PCA framework

RBI removes 3 more banks from PCA framework

Rediff.com   27 Feb 2019

After removing three PSBs - BoI, Mahabank and OBC from the framework, RBI, on Tuesday, took out three commercial banks - Allahabad, Corporation and Dhanlaxmi from the said list.

Why banks are hesitant to lend more to real estate sector

Why banks are hesitant to lend more to real estate sector

Rediff.com   25 Feb 2019

Owing to the risk perception attached with the segment by banks, the residential realty segment has been increasingly relying on non-banking financial companies and housing finance companies to raise debt financing, reports Abhijit Lele.

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Bankers say post-recapitalisation, PSBs 4-5 quarters from profitability

Rediff.com   23 Feb 2019

A key hindrance to a faster turnaround of these banks is the slow progress in the resolution of legacy bad loans and the need to build up provisions against those assets.

RBI rate cut: Banks won't pass full benefits to YOU

RBI rate cut: Banks won't pass full benefits to YOU

Rediff.com   19 Feb 2019

'The effect will be seen two-three quarters down the line.'

Why liquidity will remain constrained till March-end

Why liquidity will remain constrained till March-end

Rediff.com   18 Feb 2019

Although the RBI's open market operations have ensured sufficient system-level liquidity, some sectors are finding liquidity to be a challenge owing to their credit profile.

The blind spot on India's biggest banking whodunit

The blind spot on India's biggest banking whodunit

Rediff.com   8 Feb 2019

The PNB fiasco falls into a family line that involves non-fund limits - read contingent liabilities which are off-books. Harshad Mehta did it with bankers' receipts in 1992. Ketan Parekh exploited the ignorance of bankers who did not know the difference between a cheque and a pay-order. And the RBI blinked when it failed to insist the SWIFT platform be linked to the core banking solution. Raghu Mohan & Abhijit Lele trace the banking mess that was just waiting to happen.

'Terrific mandate of 2014 is being wasted day after day'

'Terrific mandate of 2014 is being wasted day after day'

Rediff.com   5 Feb 2019

'Whoever whispered in his ears that go for demonetisation, misled him completely' and the PM lacked the sagacity to know that it would not work, Yashwant Sinha tells Archis Mohan.

Budget does its bit, now it's over to the Sangh Parivar

Budget does its bit, now it's over to the Sangh Parivar

Rediff.com   4 Feb 2019

The interim Budget has attempted to tick all the boxes that could help the Modi government return to power, reports Archis Mohan.

Will BJP target Robert Vadra to get at Priyanka?

Will BJP target Robert Vadra to get at Priyanka?

Rediff.com   25 Jan 2019

While some in the Congress were apprehensive that land grab allegations against her husband Robert Vadra could turn out to be Priyanka's Achilles heel, much of the BJP leadership opted not to bring up the issue at the current juncture.

Why PSBs put Rs 1-trn bad loans on sale

Why PSBs put Rs 1-trn bad loans on sale

Rediff.com   24 Jan 2019

Bankruptcy proceedings are going at a slower pace than what the bankers had envisaged and many cases have gone beyond the 270-day timeline set under the IBC mainly because of litigation.

Deposit rates not to rise soon

Deposit rates not to rise soon

Rediff.com   23 Jan 2019

During the fourth quarter (January-March), banks step up the activity to meet annual targets. This leads to a race to raise funds from markets often by jacking up deposit rates. This time around, the market has not seen such trend yet.

WEF 2019: Andhra Pradesh, Telangana take rivalry to Davos

WEF 2019: Andhra Pradesh, Telangana take rivalry to Davos

Rediff.com   22 Jan 2019

Stronger the pitch of various states, the better for India as a country. The two states plan to showcase their improved 'ease of doing business rankings'.

Who donated how much to BJP, Congress

Who donated how much to BJP, Congress

Rediff.com   18 Jan 2019

Who donated how much to BJP, Congress

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Post restructuring, SBI-led consortium may hold around 40% stake in Jet

Rediff.com   17 Jan 2019

The airline has struggled to pay salaries and vendors on time and its Rs 10,963 crore fund and non fund based facilities have now been assigned 'D' rating by ICRA - the seventh rating downgrade since March 2017.

Congress looks at 'Jangipur model' in UP

Congress looks at 'Jangipur model' in UP

Rediff.com   9 Jan 2019

Congress hopes to field upper caste candidates to eat into BJP voter base while SP-BSP focuses on consolidating Dalit-OBC votes in their favour.

Registration of 1,490 NBFCs cancelled

Registration of 1,490 NBFCs cancelled

Rediff.com   8 Jan 2019

Kolkata tops the list with 617 cancellations, New Delhi stands second with 203, followed by Mumbai at 190.

As Jet hits air pocket, fate of Naresh Goyal is almost sealed

As Jet hits air pocket, fate of Naresh Goyal is almost sealed

Rediff.com   4 Jan 2019

Options include fresh capital infusion by the management and/or some new investors.

Why Rahul gives Modi-Shah nightmares

Why Rahul gives Modi-Shah nightmares

Rediff.com   1 Jan 2019

'In mocking him, Modi and Shah went horribly wrong.'
'It made Gandhi determined to fight to the finish, which now has the entire Sangh Parivar rattled,' says a Congress leader, privy to the repeated RSS outreach for a rapproachment.

It's hashtag rural as Twitter prepares for 2019 polls

It's hashtag rural as Twitter prepares for 2019 polls

Rediff.com   1 Jan 2019

Success in the Lok Sabha polls would help Twitter chart out its growth story in India.