Manojit Saha &Amp; Abhijit Lele

Stories by Manojit Saha &Amp; Abhijit Lele

Bulk deposit rates shoot up as banks scramble for cash

Bulk deposit rates shoot up as banks scramble for cash

Rediff.com   6 Feb 2014

Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.

RBI wants 'prominent' banker to be deputy governor

RBI wants 'prominent' banker to be deputy governor

Rediff.com   24 Jan 2014

A rule change may make Nachiket Mor, among others, eligible to replace Chakrabarty.

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.

RBI to unveil norms for early detection of stressed loans

RBI to unveil norms for early detection of stressed loans

Rediff.com   16 Dec 2013

At least five state-run banks on central bank's radar for lax credit appraisal

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.

SBI classifies its Rs 250 cr of dues as bad loans

SBI classifies its Rs 250 cr of dues as bad loans

Rediff.com   19 Nov 2013

About 12 other lenders with combined exposure of Rs 1,200 crore likely to follow

Will Nachiket Mor be the next RBI Governor?

Will Nachiket Mor be the next RBI Governor?

Rediff.com   4 Nov 2013

Raghuram Rajan has appointed him as head of several committees soon after taking charge.

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

RBI working overtime to meet Rajan's licence deadline

RBI working overtime to meet Rajan's licence deadline

Rediff.com   30 Sep 2013

After the screening, the shortlisted candidates will be vetted by an external committee, to be headed by former RBI governor, Bimal Jalan.

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.

The man behind Akula's plan to make a comeback at SKS

The man behind Akula's plan to make a comeback at SKS

Rediff.com   11 Sep 2013

Biksham Gujja contributed to major global initiatives such as the World Commission on Dams, World Water Commission and World Water Forum.

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.

Rajan wants clarity on new bank licences by January

Rajan wants clarity on new bank licences by January

Rediff.com   22 Aug 2013

The macro economic situation and currency depreciation might top the priority list of Reserve Bank of India (RBI) governor-designate Raghuram Rajan.

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.

'We have committed Rs 1,300 cr initial capital for a bank'

'We have committed Rs 1,300 cr initial capital for a bank'

Rediff.com   13 Aug 2013

A healthy track record and 17 years of experience in financial services would be the key strengths of Edelweiss Financial Services in setting up a bank, says chairman and chief executive officer Rashesh Shah, in an interview with Business Standard.

Rajan to reach Mint Road 2 weeks before taking charge

Rajan to reach Mint Road 2 weeks before taking charge

Rediff.com   8 Aug 2013

Rajan will be closely working with the RBI governor and the four deputy governors to gain familiarity with the central bank's stance on various issues.

Meet the first CEO of all-women bank

Meet the first CEO of all-women bank

Rediff.com   15 Jul 2013

Ananthasubramanian, 55, started her career in 1982 at Bank of Baroda as a specialist officer in the planning stream.