All stories by Namrata Acharya
SBI: No major risk in NBFC portfolioRediff.com5 Oct 2018
NBFCs are facing the heat of a crisis at IL&FS, which defaulted on repayment of its commercial paper dues, leading to a contagion effect in the sector.
The biggest hurdle Ayushman Bharat will face in BengalRediff.com20 Sep 2018
West Bengal signed an MoU with the Centre for jointly implementing Ayushman Bharat but so far officials have received no word about how it will be done and the deadline is almost here.
NPAs: Why debt recovery has become a huge headache for banksRediff.com3 Sep 2018
According to a government reply in Lok Sabha, as on June 30, 2017, there were about 109,598 cases pending across debts recovery tribunals, with recovery dues of Rs 635,500 crore.
Kerala floods: Insurers speed up claim settlementsRediff.com20 Aug 2018
Motor insurance is expected to generate largest claims for the companies whereas for crop insurance, the Agriculture Insurance Company is expecting claims of about Rs 15-16 crore
Bandhan Bank still waiting for RBI guidelines on meeting promoter holding normsRediff.com17 Aug 2018
RBI's licensing norms require a bank to bring down promoter holding to 40 % within 3 years of operation - which, for Bandhan Bank, will be by Aug 23
India's 6 most debt-ridden statesRediff.com17 Jul 2018
At the end of March 2016, Uttar Pradesh was the most indebted state, with an outstanding liability of Rs 385,300 crore, followed by Maharashtra at Rs 351,400 crore and West Bengal at Rs 314,700 crore.
Banks, HFCs ride on sub-prime borrowersRediff.com9 Jul 2018
While the total disbursement of housing loans by PSBs as well as HFCs witnessed a deceleration in 2016-17, there was significant growth for the lower slabs
Demonetisation woes drag on for small finance banksRediff.com6 Jun 2018
Microfinance portfolio of SFBs saw a muted growth of about 3% last year
PSBs may re-approach Sebi for relaxing promoter equity ruleRediff.com14 May 2018
PSBs were required to bring down government shareholding to at least 75 per cent, to comply with the amended Securities Contract (Regulations) Rules by August 2017.
Crackdown on shell cos forces 1 in 3 registered firms to shut shopRediff.com27 Mar 2018
A crackdown on shell companies, increased regulatory compliance and failure of companies to avail bank credit, and defaulting on loans are some of the reasons cited by accounting professionals for the closure of such a large number of companies
At 45K cr, Bandhan's IPO valuation is 2nd after SBI'sRediff.com12 Mar 2018
C S Ghosh, founder of Bandhan Bank, believes his unique business model is not comparable to any financial institution in India -- neither small finance banks, nor big private sector banks -- and hence the valuations are justified.
World Bank arm to sell 1.8% stake in Bandhan BankRediff.com2 Jan 2018
Bandhan Bank has filed a draft red herring prospectus with Sebi for an IPO of up to 119 million equity shares, with face value of Rs 10 each.
National Insurance IPO will happen only after April 1, 2018Rediff.com28 Dec 2017
Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain
Small banks plan to lower deposit ratesRediff.com6 Nov 2017
However, despite the reduction, their interest rates would be about 50-100 basis points higher than those of banks
To save Kolkata's crumbling heritageRediff.com8 Jun 2017
Namrata Acharya finds out more about a movement aimed at preserving not only the mansions of north Calcutta and the grand colonial buildings of central Calcutta, but also the architecturally modest, yet unique, houses of south Kolkata.
Will the Calcutta Stock Exchange survive?Rediff.com10 May 2017
Close to 20 regional stock exchanges, including the big exchanges of Delhi, Chennai, and Bengaluru, have voluntarily exited in the face of SEBI's stringent regulations. Namrata Acharya finds out what makes CSE continue to fight its lone battle.
Note ban: MFIs seek more time for loan repaymentsRediff.com3 Apr 2017
In December 2016, RBI had granted additional 60 days for repayment of certain loans
These banks are betting on local hiring in face of cost-effective staff crunchRediff.com7 Mar 2017
These banks are finding it hard to pick up seasoned bankers at the pay they are offering
Onion prices crash 40% in wholesale marketsRediff.com28 Feb 2017
The cost of production of onion is around 800-900 per quintal, while prices are hovering around 500 per quintal across major wholesale markets.
Kolkata is shell companies' favourite addressRediff.com21 Feb 2017
In Kolkata, there is a community of chartered accountants, and it is easy to find 'directors', who for Rs 5,000 will sign anywhere.