Archis Mohan, Abhijit Lele

Stories by Archis Mohan, Abhijit Lele

BJP or Congress: Who will Deve Gowda choose?

BJP or Congress: Who will Deve Gowda choose?

Rediff.com   25 Apr 2018

With opinion polls predicting a hung assembly in Karnataka and the possibility that the JD-S could be the 'king maker' after the polls, H D Deve Gowda stays mum about his party's post-election strategy.

Impeachment: The Pawar Factor

Impeachment: The Pawar Factor

Rediff.com   21 Apr 2018

Some lawyers in the Congress argued against upsetting the judiciary. It was a tongue lashing from Sharad Pawar that spurred the Congress and other parties to go ahead with their move.

Amit Shah to address rally in Rae Bareli

Amit Shah to address rally in Rae Bareli

Rediff.com   19 Apr 2018

Shah's rally and other events will be attended by party workers from neighbouring constituencies, including Amethi.

BJP or Congress? JD-S weighs alliance options in case of hung house

BJP or Congress? JD-S weighs alliance options in case of hung house

Rediff.com   18 Apr 2018

A convincing win for either of JD-S's two chief rivals, the Congress and Bharatiya Janata Party, in the Karnataka assembly polls, could inevitably lead to a life-threatening split in the JD-S, with several of its leaders joining either of the two national parties.

RBI unlikely to heed banks' plea to amend NPA norms

RBI unlikely to heed banks' plea to amend NPA norms

Rediff.com   14 Apr 2018

RBI deputy governor N S Vishwanathan has said the new framework was in line with the Insolvency and Bankruptcy Code guidelines.

Congress banks on Siddaramaiah's 'Karnataka model of development' to see it through

Congress banks on Siddaramaiah's 'Karnataka model of development' to see it through

Rediff.com   11 Apr 2018

The IIM-B's 'Karnataka innovation report' has become the basis for the Congress party's election narrative, particularly to distinguish it from the 'Gujarat model of development', reports Archis Mohan.

Allegations against ICICI bank may dent investor confidence

Allegations against ICICI bank may dent investor confidence

Rediff.com   11 Apr 2018

ICICI's board has denied any wrongdoing, highlighting that the loan was underwritten in accordance with the bank's credit standards and was extended as part of a consortium involving over 20 banks.

Canara Bank to shut three overseas branches

Canara Bank to shut three overseas branches

Rediff.com   9 Apr 2018

And will sell its 50 per cent stake to State Bank of India in Russia as part of rationalisation of overseas branch network.

RBI wants customers' financial data stored in India

RBI wants customers' financial data stored in India

Rediff.com   7 Apr 2018

Experts say the new guideline is likely to hurt foreign players more, especially card companies such as Visa, MasterCard and American Express who process and store credit card transaction data outside of India.

'Was Siddaramaiah a Congressman?'

'Was Siddaramaiah a Congressman?'

Rediff.com   2 Apr 2018

'Let me narrate the background as to why Siddaramaiah was taken from my party to the Congress.' 'He belongs to a particular backward community. So by taking Siddaramaiah from my party, it was going to be more advantageous for the Congress.' 'Whatever may be the merits and demerits of the caste equation, it is a consideration for all the parties.' 'The BJP is also playing the caste guard.'

ICICI Bank board says it has full faith in Chanda Kochhar

ICICI Bank board says it has full faith in Chanda Kochhar

Rediff.com   29 Mar 2018

IBoard defends MD on nepotism charges, quashes allegations; it also reviewed its internal processes and exposure to the Videocon group

Oppn to move private members' bills on farm loan waiver, remunerative MSP

Oppn to move private members' bills on farm loan waiver, remunerative MSP

Rediff.com   29 Mar 2018

The opposition would push for the passage of the two bills -- the farmers' freedom from indebtedness bill and the farmers' right to guaranteed remunerative minimum support prices for agriculture commodities bill -- in the Rajya Sabha

BJP set to get working majority in Rajya Sabha

BJP set to get working majority in Rajya Sabha

Rediff.com   24 Mar 2018

The BJP is still short of the halfway mark of 123 in the 245-member House, but can now muster a 'working' majority with help of allies, friendly parties, some Independents and nominated members.

PNB fraud hits banks' loan disbursal to India Inc

PNB fraud hits banks' loan disbursal to India Inc

Rediff.com   14 Mar 2018

With the management of most State-owned banks hardly having time to concentrate on big-ticket business, growing the business of loan disbursals has been pushed down the priority order.

To defeat BJP, Mayawati to back SP in UP bypolls

To defeat BJP, Mayawati to back SP in UP bypolls

Rediff.com   5 Mar 2018

The rapprochement could open the door to an anti-saffron alliance for the 2019 general elections, reports Archis Mohan.

Victories give Modi-Shah steam for Lok Sabha fight

Victories give Modi-Shah steam for Lok Sabha fight

Rediff.com   4 Mar 2018

BJP strategists know it may not repeat its 2014 performance in its traditionally strong bases in the north and the west. This is where the success in the north east and east is so important.

How life will change for the employees of IDBI Bank

How life will change for the employees of IDBI Bank

Rediff.com   2 Mar 2018

The government has asked the Indian Banks' Association to make sure that IDBI Bank's wages are on a par with other banks.

'Mamata will act as a catalyst to remove BJP'

'Mamata will act as a catalyst to remove BJP'

Rediff.com   17 Feb 2018

'We will have a big say in Delhi in 2018 or 2019 (whenever the elections are) in the Lok Sabha.'

RBI tells PNB to pay up LoU dues to other banks

RBI tells PNB to pay up LoU dues to other banks

Rediff.com   16 Feb 2018

RBI seeks detailed report on what happened between 2011 and now; bankers to recall loans to Nirav Modi entities.

Banks' NPAs may surge after RBI's new rules

Banks' NPAs may surge after RBI's new rules

Rediff.com   14 Feb 2018

The amount of loans that carry a high risk of slippage into the NPA category over the next few quarters is about Rs 2.8 trillion.