Manojit Saha And Abhijit Lele

Stories by Manojit Saha And Abhijit Lele

Public sector banks yet to join the e-commerce boom

Public sector banks yet to join the e-commerce boom

Rediff.com   7 Nov 2014

Customers using e-commerce websites are young and techno-savvy.

5 reasons why Rajan may not cut rate in December

5 reasons why Rajan may not cut rate in December

Rediff.com   7 Nov 2014

RBI could opt for a 'deep cut' after winning inflation war, say experts.

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

Rediff.com   4 Nov 2014

A series of failed loan recast programmes continues to haunt banks.

SBI limits free ATM transactions to 5, will others follow?

SBI limits free ATM transactions to 5, will others follow?

Rediff.com   4 Nov 2014

Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks continue to be on a wait-and-watch mode.

UBI knocks on EU regulator's door against Airbus

UBI knocks on EU regulator's door against Airbus

Rediff.com   28 Oct 2014

Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Rediff.com   23 Oct 2014

The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased

Rajan gets his way on RBI's restructuring plan

Rajan gets his way on RBI's restructuring plan

Rediff.com   22 Oct 2014

RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.

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.