Archis Mohan, Abhijit Lele

Stories by Archis Mohan, Abhijit Lele

SBI rolls out teaser home loans after 8 years

SBI rolls out teaser home loans after 8 years

Rediff.com   3 Jan 2017

A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.

'Event manager' Modi scores by shifting goalposts

'Event manager' Modi scores by shifting goalposts

Rediff.com   31 Dec 2016

A scrutiny of the PM's statements in the last 12 weeks lays bare a stunning lack of homework for a policy that has affected each of the 1.25 billion people of India.

After the stick, PM may offer carrots on Sat

After the stick, PM may offer carrots on Sat

Rediff.com   31 Dec 2016

Sops for middle class, poor and farmers on cards.

Thanks to the note ban, he's back!

Thanks to the note ban, he's back!

Rediff.com   27 Dec 2016

Demonetisation impact: Money lenders make a comeback.

Sonia, Mamata to launch campaign against note ban

Sonia, Mamata to launch campaign against note ban

Rediff.com   27 Dec 2016

The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.

Congress builds bridges with Oppn after Rahul-Modi meet

Congress builds bridges with Oppn after Rahul-Modi meet

Rediff.com   24 Dec 2016

Not all Opposition parties on board, say they are once bitten, twice shy.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

'You never know what notification will come on Friday'

'You never know what notification will come on Friday'

Rediff.com   22 Dec 2016

'Nobody will wait now. Everyone will come to deposit their old notes. The confidence is shaken.'

PM plans pre-Budget balm for note ban pain

PM plans pre-Budget balm for note ban pain

Rediff.com   21 Dec 2016

Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.

Why BJP is praying for a poll delay in UP

Why BJP is praying for a poll delay in UP

Rediff.com   17 Dec 2016

Many in the BJP believe that postponing the UP elections even by a month will allow the negative perception against demonetisation to dissipate.

Bank staff slogging it out on their own

Bank staff slogging it out on their own

Rediff.com   17 Dec 2016

There is not much bank employees can do, but some words of encouragement from the management would have helped. Stretched working hours and the tense atmosphere is taking a toll on their health.

Oppn, govt prepare for note ban slugfest until Dec-end

Oppn, govt prepare for note ban slugfest until Dec-end

Rediff.com   14 Dec 2016

Opposition parties think they have until New Year's Eve to build nationwide narrative against demonetisation.

Why didn't the government push for the GST bills to be discussed?

Why didn't the government push for the GST bills to be discussed?

Rediff.com   9 Dec 2016

On Thursday, the Business Advisory Committee of the Lok Sabha, which allocates time for the Bills and discussions to be taken up for the forthcoming week, met, but the government strategists didn't ask the members to allocate time for the GST Bills for the next week.

Embassies feel note ban pinch, but Germans see biz opportunity

Embassies feel note ban pinch, but Germans see biz opportunity

Rediff.com   7 Dec 2016

Munich-based Giesecke and Devrient supplies security features to the RBI for currency notes, and machines to bank branches across the country to detect counterfeits.

Credit exposure limit set for banks

Credit exposure limit set for banks

Rediff.com   2 Dec 2016

New regime on loans to one party to kick in by Apr 2019.

Note ban shadow over GST Bill

Note ban shadow over GST Bill

Rediff.com   2 Dec 2016

While the government has the option of ensuring the passage of these Bills as money Bills, there are voices within the government advising discretion on the GST roll-out by April 1.

Banks brace for coming pay rush as salary day approaches

Banks brace for coming pay rush as salary day approaches

Rediff.com   30 Nov 2016

Branch networks will give preference to pensioners and labourers for withdrawing money.

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

Rediff.com   29 Nov 2016

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a liquidity infusion auction of Rs 1 lakh crore on Tuesday as well, to help banks tide over the liquidity crisis.

55% of SBI's cash deposits came from beyond cities

55% of SBI's cash deposits came from beyond cities

Rediff.com   28 Nov 2016

SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.

Ministries draw plans to go cashless after PM's diktat

Ministries draw plans to go cashless after PM's diktat

Rediff.com   27 Nov 2016

A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments