Manojit Saha &Amp; Shine Jacob

Stories by Manojit Saha &Amp; Shine Jacob

Pace of seeding Aadhaar numbers with bank accounts still a concern

Pace of seeding Aadhaar numbers with bank accounts still a concern

Rediff.com   10 Jun 2013

The biggest problem is that those with Aadhaar numbers aren't coming forward for seeding these with bank accounts.

Shell, ONGC eye tie-up for retail

Shell, ONGC eye tie-up for retail

Rediff.com   10 Jun 2013

Business opportunity after phased diesel deregulation the main trigger.

RBI to give new licensees more time to set up banks

RBI to give new licensees more time to set up banks

Rediff.com   3 Jun 2013

Application deadline may be extended but no leeway on priority-sector targets.

OilMin wants a united front to beat China in Myanmar

OilMin wants a united front to beat China in Myanmar

Rediff.com   31 May 2013

At present, in Myanmar, GAIL and IndianOil have a minority stake in a gas pipeline which goes to China, through South East Asia Gas Pipeline Company.

Shale gas policy: Big companies stand to lose

Shale gas policy: Big companies stand to lose

Rediff.com   15 May 2013

First right of refusal may be limited to firms working under NELP, leaving out pre-NELP blocks run by big firms such as RIL and Cairn India.

Direct benefits transfer for LPG again put off

Direct benefits transfer for LPG again put off

Rediff.com   7 May 2013

This is the second postponement of the DBT launch in LPG. It was initially planned to be introduced from January 1.

India needs to grow much faster: D Subbarao

India needs to grow much faster: D Subbarao

Rediff.com   5 May 2013

RBI Governor D Subbarao says banks' response to RBI's monetary intervention is asymmetric.

Indian oil cos expect under-recovery to halve in FY14

Indian oil cos expect under-recovery to halve in FY14

Rediff.com   5 May 2013

Relief seen from easing global crude oil prices, phased diesel decontrol and capping of LPG cylinders.

Govt yet to make up mind on Rangarajan panel plans

Govt yet to make up mind on Rangarajan panel plans

Rediff.com   2 May 2013

Not only does there appear to be no meeting ground on the issue of a pricing formula proposed by the committee, the petroleum ministry wants another committee headed by Vijay Kelkar to look into the other major recommendation of moving to the revenue sharing model in exploration and production.

Buzz over 50-basis-point rate cut grows LOUDER

Buzz over 50-basis-point rate cut grows LOUDER

Rediff.com   30 Apr 2013

Street expects RBI to keep CRR unchanged, opt for open-market operations to ease liquidity

'SBI may stop performance guarantee to road projects'

'SBI may stop performance guarantee to road projects'

Rediff.com   29 Apr 2013

Four days ahead of RBI's monetary policy review, SBI Chairman Pratip Chaudhuri says a cut of one percentage point in CRR will allow the bank to lower lending rates 20 basis points.

Ministries oppose Rangarajan panel's gas pricing formula

Ministries oppose Rangarajan panel's gas pricing formula

Rediff.com   26 Apr 2013

The finance ministry has rejected the formula and, instead, suggested an alternative that takes into account well-head prices of suppliers in Qatar, Oman, Abu Dhabi and Malaysia.

RBI may allow 7-8 NEW banks

RBI may allow 7-8 NEW banks

Rediff.com   23 Apr 2013

Most major corporate houses, such as the Tata group, Birla group and Reliance Industries, besides non-banking financial companies like L&T Finance, M&M Financial Services and the Shriram group, are said to be interested in setting up new banks.

Banks oppose HSBC's plan to sell stake in insurance JV

Banks oppose HSBC's plan to sell stake in insurance JV

Rediff.com   22 Apr 2013

The public-sector lenders were yet to get a formal proposal on sale from HSBC.

BP wants incentive

BP wants incentive

Rediff.com   19 Apr 2013

The company could hold boardmeet in India.

Cobrapost fallout: RBI extends investigation to 34 banks

Cobrapost fallout: RBI extends investigation to 34 banks

Rediff.com   19 Apr 2013

Reserve Bank of India lens on mutual fund, insurance, gold coin sale by branch's non-sales staff

Direct govt subsidy for 1 LPG cylinder: PMO

Direct govt subsidy for 1 LPG cylinder: PMO

Rediff.com   18 Apr 2013

Prime minister's office wants OMCs to bear credit subsidy for remaining 8 subsidised units on reimbursement basis.

Scheme for LPG subsidy across India by Oct 15

Scheme for LPG subsidy across India by Oct 15

Rediff.com   12 Apr 2013

LPG alone will save us Rs 8,000 cr a year: M Veerappa Moily.

Lenders to start liquidating Mallya's assets soon

Lenders to start liquidating Mallya's assets soon

Rediff.com   11 Apr 2013

The Goa villa, Mumbai office could be put on the block.

Retired bankers in demand as India Inc looks for licence

Retired bankers in demand as India Inc looks for licence

Rediff.com   9 Apr 2013

Aspirants banking on experience and domain knowledge of veterans