Manojit Saha And Abhijit Lele

Stories by Manojit Saha And Abhijit Lele

Robust review before PSU bank chiefs are selected

Robust review before PSU bank chiefs are selected

Rediff.com   16 Sep 2014

The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.

SBI to raise global biz share to 25% in 3 years

SBI to raise global biz share to 25% in 3 years

Rediff.com   8 Sep 2014

SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.

RBI begins review of Jan Dhan rollout

RBI begins review of Jan Dhan rollout

Rediff.com   5 Sep 2014

A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.

I have enough liquidity to look after growth needs, assures SBI chief

I have enough liquidity to look after growth needs, assures SBI chief

Rediff.com   5 Sep 2014

In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.

We gave Vijay Mallya an opportunity to respond: UBI official

We gave Vijay Mallya an opportunity to respond: UBI official

Rediff.com   4 Sep 2014

Deepak Narang, executive director of United Bank of India, speaks on Vijay Mallya's 'wilful defaulter' status.

Banks' capital adequacy ratio at 6-year low

Banks' capital adequacy ratio at 6-year low

Rediff.com   3 Sep 2014

Their net NPA as a proportion of net advances were 2.2 per cent, compared with 1.7 per during the same period a year earlier.

One year of Raghuram Rajan: A spring in his step

One year of Raghuram Rajan: A spring in his step

Rediff.com   1 Sep 2014

The Governor, who completes one year in RBI on Wednesday, has stabilised the rupee and is getting a fix on inflation.

Banks seek stricter norms for reporting on wilful defaulters

Banks seek stricter norms for reporting on wilful defaulters

Rediff.com   28 Aug 2014

Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.

Ahead of festive season, banks cut big-ticket home loan rates

Ahead of festive season, banks cut big-ticket home loan rates

Rediff.com   27 Aug 2014

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

SC verdict on coal blocks worries bankers

SC verdict on coal blocks worries bankers

Rediff.com   26 Aug 2014

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

Reliance Retail tweaks funding strategy

Reliance Retail tweaks funding strategy

Rediff.com   24 Aug 2014

Reliance Retail would be exposed to implementation and execution risks in its expansion plans.

Banks ask Bhushan to sell and lease back critical assets

Banks ask Bhushan to sell and lease back critical assets

Rediff.com   20 Aug 2014

SBI Caps readies plan, identifies 4 assets; bankers say there are enough bidders.

Finance ministry rules out COO appointment in RBI

Finance ministry rules out COO appointment in RBI

Rediff.com   14 Aug 2014

The finance ministry has ruled out the proposal for the appointment of a chief operating officer (COO) of the rank of deputy governor in the Reserve Bank of India (RBI), as the government feels no interim arrangements should be made for such high-profile appointments.

Syndicate Bank brass in damage control

Syndicate Bank brass in damage control

Rediff.com   7 Aug 2014

The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.

Indian banks scale down Singapore exposure

Indian banks scale down Singapore exposure

Rediff.com   4 Aug 2014

Move comes after the country's monetary authority tightened credit norms

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

FinMin wants banks to be exempt from CSR spend

FinMin wants banks to be exempt from CSR spend

Rediff.com   23 Jul 2014

Letter to corporate affairs ministry cites slowing economy, capital challenges.

RBI to come out with stringent norms for infra loans

RBI to come out with stringent norms for infra loans

Rediff.com   12 Jul 2014

Leeway on CRR and SLR was a long-standing demand from banks, which the RBI did not agree to till recently.

Stringent guidelines for wilful defaulters on the cards

Stringent guidelines for wilful defaulters on the cards

Rediff.com   28 Jun 2014

The Union finance ministry is planning to make rules regarding wilful defaulters more stringent, so that criminal charges can be pressed against such entities.

Banks put Rs 21k-cr NPAs on block in 3 months

Banks put Rs 21k-cr NPAs on block in 3 months

Rediff.com   23 Jun 2014

Rush to offload bad loans indicates a revival in asset-sale market