Joydeep Ghosh &Amp; Abhijit Lele

Stories by Joydeep Ghosh &Amp; Abhijit Lele

In a first, SBI takes its officers' body to court

In a first, SBI takes its officers' body to court

Rediff.com   17 Dec 2012

Agitation against 7-day banking move prompts action.

Most banks wary of growing unsecured loan portfolio

Most banks wary of growing unsecured loan portfolio

Rediff.com   9 Nov 2012

Despite sluggish credit growth, most banks are cautious about growing their unsecured loan portfolio.

Bank unions set the ball rolling for wage talks

Bank unions set the ball rolling for wage talks

Rediff.com   6 Nov 2012

Unions said the revised wage structure should reflect the merger of dearness allowance.

FM to meet govt bank chiefs on Nov 15

FM to meet govt bank chiefs on Nov 15

Rediff.com   2 Nov 2012

Also on agenda is rising credit flow to MSMEs & farm sector.

Kingfisher lenders left in the lurch

Kingfisher lenders left in the lurch

Rediff.com   23 Oct 2012

Lenders to Kingfisher Airlines have been left in the lurch, with most hoping the airline resumes operations, as this would ensure at least some revenue flow.

India Inc's capex plans still in the freezer: Bankers

India Inc's capex plans still in the freezer: Bankers

Rediff.com   1 Oct 2012

Nine of 10 bankers who attended the meeting admitted their sanctioned loan pipeline was shrinking fast due to tepid demand.

RBI wants banks to install system to alert police

RBI wants banks to install system to alert police

Rediff.com   4 Sep 2012

As ATMs hold huge amounts in cash and criminals use them to get to customers' cards and PIN data, electronic security is crucial

Poor rains may hit MFI recoveries

Poor rains may hit MFI recoveries

Rediff.com   27 Jul 2012

Microfinance institutions' deluge of problems, it seems, is never-ending.

Rs fall to have limited benefit for exports

Rs fall to have limited benefit for exports

Rediff.com   24 May 2012

But weak global demand, costly imports play spoilsport

Icra plans to expand in Asia

Icra plans to expand in Asia

Rediff.com   9 May 2012

After establishing a presence in Indonesia and Sri Lanka, Icra, the rating agency and associate of Moody's in India, plans to expand further in Asia to get a slice of business from the growing bond markets.

Don't get taken aback by a takeover

Don't get taken aback by a takeover

Rediff.com   20 Apr 2012

In the past month, when the Essel Group started picking up shares of the company, IVRCL's stock has risen 31 per cent, a rare feat in a market where infrastructure stocks have been suffering due to slow movement in projects and high interest burden.

Public sector banks may not flock to IIMs

Public sector banks may not flock to IIMs

Rediff.com   14 Feb 2012

State Bank of India and IDBI Bank have decided not to go to the IIMs this year.

Get ready for tough economic times in 2012

Get ready for tough economic times in 2012

Rediff.com   5 Jan 2012

There could possibly be some reduction in home/auto loan outgo.

Banks step in to help India Inc repay European debt

Banks step in to help India Inc repay European debt

Rediff.com   3 Jan 2012

Bankers and industry analysts say a number of public and private sector banks have expressed willingness to offer fresh loans to Indian companies to help them repay their overseas dues maturing in the near term.

SBI's teaser home loans to pinch borrowers more

SBI's teaser home loans to pinch borrowers more

Rediff.com   21 Dec 2011

Bank will charge floating rates of interest from January.

Short-term fixed deposits see a change in fortunes

Short-term fixed deposits see a change in fortunes

Rediff.com   4 Nov 2011

Higher returns, more liquidity draw individual investors to savings accounts.

Debt's the way to go for FIIs

Debt's the way to go for FIIs

Rediff.com   18 Oct 2011

Till October 14 this year, FIIs were net sellers in equities at Rs 1,132 crore (Rs 11.32 billion) while their debt exposure stood at Rs 20,029 crore (Rs 200.29 billion). This is the first time since 2008 that FIIs are net sellers in equities.

Debt restructuring plans flood banks

Debt restructuring plans flood banks

Rediff.com   10 Oct 2011

CDR amount jumps six times in first half; bankers expect things to worsen.

With high rates here, India goes abroad to borrow

With high rates here, India goes abroad to borrow

Rediff.com   12 Sep 2011

Prompted by the Reserve Bank of India's increase in the key rate, the repo, banks have raised interest rates by 325-350 basis points.

Direct selling agents, RIP

Direct selling agents, RIP

Rediff.com   22 Aug 2011

Third-party sales force in financial sector dying slow death.