All stories by Namrata Acharya
Why demand for banking correspondents has surgedRediff.com26 Jun 2020
However, despite the surge, the average income of banking correspondents has taken a beating due to the low value of transactions.
Why MFIs could end up losing Rs 1,500 crRediff.com17 Jun 2020
Industry fears waiver of interest on interest would distort credit culture, may encourage borrowers who can pay to defer repayment.
'We're well prepared to handle any surge in COVID-19 cases'Rediff.com27 May 2020
'States have done a tremendous job of identifying health facilities for COVID-19 care and equipping them well.'
Bengal migrant workers denied Jan, Feb paysRediff.com11 May 2020
In Sandelerbil village alone in the Hingalgunj block in the Sundarbans, around 36 families from the Scheduled Caste community migrated from Tamil Nadu in March, where they had been working in a gas oven factory. A majority awaits dues promised but not paid. The story is no different in the villages of Manipur, Atapur, and Amtoli under the Sandeshkhali block in the Sundarbans.
Covid-19 leads to India's only quinine factory being revivedRediff.com17 Apr 2020
Perched in the hills of Darjeeling, the factory was set up in 1874, but has remained shut since 2001. Efforts to reopen the colonial era establishment are now on a war footing.
These migrants are unwelcome guests in their own homesRediff.com30 Mar 2020
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
Bandhan Bank keen on affordable housing loanRediff.com10 Dec 2019
Bandhan Bank is expecting that a little less than 50 per cent of its portfolio will be dominated by affordable housing loans in the next three to five years.
As chit fund cos go hi-tech, fintech firms see a gold mineRediff.com28 Nov 2019
PNB-UBI-OBC merger: Automated HR integration likelyRediff.com29 Oct 2019
All transfers and promotions for next financial year will be decided by respective banks, not by the merged entity.
Banerjee-Duflo duo and Bandhan Bank's anti-poverty schemeRediff.com16 Oct 2019
According to a 2011 impact assessment study of the programme by Banerjee and Duflo, along with economists Raghabendra Chattopadhyay and Jeremy Shapiro, Bandhan's THP results in a 15 per cent increase in household consumption and had a positive impact on wealth and welfare, such as assets and emotional well being.
The big gainers under PM's agri insurance planRediff.com29 Jul 2019
Under the PMFBY - introduced in 2016 - farmers have to pay a maximum of 2 per cent of the sum insured for kharif and 1.5 per cent for rabi food and oilseed crops and 5 per cent for commercial/horticultural crops. Eighteen general insurance companies, including five public sector insurance firms, have been empanelled for the scheme's implementation.
How private insurance cos are making life difficult for LICRediff.com28 Jun 2019
Private insurance firms say, over the past few years, they have been investing on digital technologies to reach semi urban and rural areas.
Dole-outs failed TMC in BengalRediff.com26 May 2019
Since much of the voting was on religious lines, Mamata's rural focus became irrelevant.
'We have been dying a silent death for six years'Rediff.com3 May 2019
'Neither the Centre nor the state is helping us, rather they are coming up with new ways to create stumbling blocks for the return of money.'
How NBFC-MFIs managed to raise 26,200 crore in securitisation deals in FY19Rediff.com22 Apr 2019
One of the factors behind the rise in securitisation deals was State Bank of India's (SBI) decision to buy portfolio worth Rs 45,000 crore from NBFCs
Why sale of stressed assets by banks off to a slow start this yearRediff.com15 Apr 2019
Recently, CVC suggested that banks have a monitoring mechanism for bad loan sales to ARCs, with the cash flow statement from stressed assets shared with banks.
Why bankers are cold to Modi's Main Bhi Chowkidar campaignRediff.com27 Mar 2019
AIBOC in a letter to the Prime Minister, has said the government should not expect the banking fraternity to "join the political campaign of #MainBhiChowkidar" unless issues related to merger of banks, salary revision and staff recruitment, among others, are addressed.
'By 2022, India will need 20 million affordable houses'Rediff.com1 Mar 2019
/We will stay away from corporate loans,' C S Ghosh, managing director and chief executive officer of Bandhan Bank, tells Namrata Acharya.
Why govt insurance firms posted such huge lossesRediff.com24 Feb 2019
Multiple reasons accounted for the losses, including manpower crunch and lack of clarity on the merger of National, United and Oriental, reports Namrata Acharya.
Bandhan finds that banking licence comes with challengesRediff.com3 Nov 2018
From zeroing in on the best means for stake dilution to moving beyond microfinance, Bandhan navigates a tough path. Namrata Acharya reports.