Jitendra Gupta &Amp; Abhijit Lele

Stories by Jitendra Gupta &Amp; Abhijit Lele

SBI readies plan to improve profitability

SBI readies plan to improve profitability

Rediff.com   20 Feb 2014

NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com   15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

Banks seek leeway from RBI

Banks seek leeway from RBI

Rediff.com   6 Jan 2014

Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

Canada's Buffett is Thomas Cook's new travel partner

Canada's Buffett is Thomas Cook's new travel partner

Rediff.com   5 Nov 2013

In its latest transition, the company will also double up as an investment vehicle.

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

Construction firms caught in a cleft

Construction firms caught in a cleft

Rediff.com   30 Sep 2013

While slow execution and delays in infrastructure projects have led to a payment crisis as recovery of dues is a big challenge, banks are breathing down their necks for loan repayment.

'Still optimistic about the long-term India growth story'

'Still optimistic about the long-term India growth story'

Rediff.com   16 Sep 2013

We dance on every small achievement and forget the long-term objectives: Ajit Gulabchand, MD, Hindustan Construction Company.

Sliding rupee, RBI moves turn tide for NRI deposits in July

Sliding rupee, RBI moves turn tide for NRI deposits in July

Rediff.com   12 Sep 2013

All categories of NRI deposits saw net inflows in July.

Corporate debt restructuring cases to come under scanner

Corporate debt restructuring cases to come under scanner

Rediff.com   7 Sep 2013

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).

Banks to rework home loan math

Banks to rework home loan math

Rediff.com   5 Sep 2013

After RBI's missive on proxy lending to builders, it's time to reshuffle.

Now, private power firms may shock banks

Now, private power firms may shock banks

Rediff.com   16 Aug 2013

Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.

SBI to turn aggressive against defaulting firms

SBI to turn aggressive against defaulting firms

Rediff.com   26 Jun 2013

SBI was slow in filing and following up on winding-up cases.

FII pull outs sway rupee with dollar

FII pull outs sway rupee with dollar

Rediff.com   11 Jun 2013

Significant investors in government bonds FIIs have been net sellers since May 22.

Inflation-indexation bonds: Not much for retail investors

Inflation-indexation bonds: Not much for retail investors

Rediff.com   4 Jun 2013

They can wait, as RBI has indicated the bonds could be linked to CPI in future.

UB Group takes lenders to court

UB Group takes lenders to court

Rediff.com   27 May 2013

SBI says recovery process on as no court stay yet.

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

Rediff.com   9 May 2013

Bank issues public notice with photograph in Reid & Taylor default case.

Banks raise cautionary bar on gold loan companies

Banks raise cautionary bar on gold loan companies

Rediff.com   28 Mar 2013

They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.

Electronic payment space lures investors

Electronic payment space lures investors

Rediff.com   14 Feb 2013

As banks are looking at such infrastructure as ancillary assets, wanting to focus on core activity, they're reluctant to commit their resources here, throwing space open for other players.