Devidutta Tripathy And Suvashree Choudhury

Stories by Devidutta Tripathy And Suvashree Choudhury

As RBI holds rates steady, companies' debt burdens weigh heavily

As RBI holds rates steady, companies' debt burdens weigh heavily

Rediff.com   3 Aug 2015

Companies are still struggling to recover from years of exuberance.

RBI says willing to let foreigners hold more govt debt

RBI says willing to let foreigners hold more govt debt

Rediff.com   2 Jul 2015

India's current limit of $25 billion for ownership of government bonds by FIIs is fully utilised, leading to calls for increasing it

India's push to offer banking for all stumbles on empty accounts

India's push to offer banking for all stumbles on empty accounts

Rediff.com   12 Jun 2015

The government plans to transfer all subsidies including food, fertiliser and kerosene, potentially taking direct payments to more than $60 billion.

Banks see new bad debt rules as step in right direction

Banks see new bad debt rules as step in right direction

Rediff.com   10 Jun 2015

Bad debt rules are steps in right direction.

Govt tightens screws on banks' 'window dressing' of accounts

Govt tightens screws on banks' 'window dressing' of accounts

Rediff.com   4 Jun 2015

Overhauling India's bloated and often sluggish state banks is critical for the government

RBI nudges rupee weaker, as other currencies slide faster

RBI nudges rupee weaker, as other currencies slide faster

Rediff.com   4 Jun 2015

A gradual weakening of the rupee, however, may add to inflationary pressures.

RBI cuts rates for third time to put growth on firmer footing

RBI cuts rates for third time to put growth on firmer footing

Rediff.com   2 Jun 2015

Rbi cut rates for teh third time to ease economic situation.

RBI seen cutting rates for third time this year

RBI seen cutting rates for third time this year

Rediff.com   1 Jun 2015

RBI will cut rates in its next policy announcement on June 2.

India's top bank SBI says bad loan pressure easing

India's top bank SBI says bad loan pressure easing

Rediff.com   25 May 2015

State Bank of India expects decent growth in FY16.

India back on growth path but where are loan queries, ask bankers

India back on growth path but where are loan queries, ask bankers

Rediff.com   25 May 2015

Despite Indian economy recovering, there is very little room for loan growth, say bankers.

RBI stays on sideline as rupee hits 20-month low

RBI stays on sideline as rupee hits 20-month low

Rediff.com   13 May 2015

Traders believe the RBI will step in more strongly, if the rupee starts falling towards 65

Rajan puts rupee convertibility back on agenda

Rajan puts rupee convertibility back on agenda

Rediff.com   8 May 2015

The convertibility is RBI Governor's 'next big ambitious goal'.

Axis Bank Q4 net up 18%, bad loans stable

Axis Bank Q4 net up 18%, bad loans stable

Rediff.com   29 Apr 2015

Axis Bank has reported a better-than-expected 18.4 per cent increase in quarterly net profit.

India brushes off concerns over gold import spike

India brushes off concerns over gold import spike

Rediff.com   29 Apr 2015

Concern would kick in if imports stay at or over 100 tonnes a month.

ICICI Bank Q4 net beats forecast, sees bad loans situation improving

ICICI Bank Q4 net beats forecast, sees bad loans situation improving

Rediff.com   27 Apr 2015

ICICI Bank puts up a good show in Q4.

Infosys bets on new services to push sales to $20 bn by 2020

Infosys bets on new services to push sales to $20 bn by 2020

Rediff.com   24 Apr 2015

Infosys has been making bets on automation and other high-margin services like artificial intelligence to regain some ground

Banks turn to consumer loans to beat slowdown

Banks turn to consumer loans to beat slowdown

Rediff.com   20 Apr 2015

Banks are pushing into credit cards and personal loans, using blanket advertising, cold call campaigns and even sending employees to malls to lure customers.

Moody's upgrades India rating outlook to positive

Moody's upgrades India rating outlook to positive

Rediff.com   9 Apr 2015

The revision was announced before Indian markets opened on Thursday.

After trimming rates, banks wary of more radical cuts

After trimming rates, banks wary of more radical cuts

Rediff.com   8 Apr 2015

Lenders fret over stubbornly weak credit growth and still high funding costs.

India's state banks ready for a big transformation

India's state banks ready for a big transformation

Rediff.com   1 Apr 2015

India's state banks are under pressure to improve profitability.