Neelasri Barman &Amp; Somasroy Chakraborty

Stories by Neelasri Barman &Amp; Somasroy Chakraborty

Top-3 pvt banks live up to expectations

Top-3 pvt banks live up to expectations

Rediff.com   28 Apr 2014

ICICI Bank, HDFC Bank and Axis Bank reported healthy loan growth and asset quality.

PSU banks to work 5 days a week soon?

PSU banks to work 5 days a week soon?

Rediff.com   21 Apr 2014

IBA has commissioned a study to evaluate the pros and cons of keeping banks shut on Saturdays.

New banks will open up fresh opportunities for tech firms

New banks will open up fresh opportunities for tech firms

Rediff.com   4 Apr 2014

With the advent of new banks, IT firms will get boostto their businesses.

For new banks, it's a race against time

For new banks, it's a race against time

Rediff.com   3 Apr 2014

Most players will need to burn the midnight oil to meet the deadline for creating a bank as well as specific norms set by RBI.

Deutsche Bank's Bagga quits

Deutsche Bank's Bagga quits

Rediff.com   19 Mar 2014

It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India

RBI's April 1 policy guidance might be limited to next review

RBI's April 1 policy guidance might be limited to next review

Rediff.com   18 Mar 2014

Voting for the 2014 general elections will begin in April and it is expected Budget 2014-15 will be presented in June.

Amex's elusive black card now in Indian pockets

Amex's elusive black card now in Indian pockets

Rediff.com   10 Mar 2014

According to sources, a few hundred have been issued to Indian businessmen, celebrities and brand experts.

CVC meets United Bank, warns of strict action if found guilty

CVC meets United Bank, warns of strict action if found guilty

Rediff.com   28 Feb 2014

The Central Vigilance Committee has sought loan data from United Bank

Reserve Bank to enforce strict regime on United Bank

Reserve Bank to enforce strict regime on United Bank

Rediff.com   21 Feb 2014

The Reserve Bank of india is likely to tell state-run United Bank of India (UBI), which has seen erosion of capital due to bad loans and higher provisioning to implement prompt corrective action.

Bulk deposit rates shoot up as banks scramble for cash

Bulk deposit rates shoot up as banks scramble for cash

Rediff.com   6 Feb 2014

Banks have taken this aggressive posture even as liquidity has become comfortable on the back of increased government spending.

Govt banks develop cold feet on QIPs

Govt banks develop cold feet on QIPs

Rediff.com   4 Feb 2014

Some lenders in talks with LIC for pvt placement

Fiscal deficit, bond switch worries may hit yields

Fiscal deficit, bond switch worries may hit yields

Rediff.com   18 Jan 2014

While the latter is being viewed as a greater concern, the former may gain prominence in the next few weeks.

HDFC Bank aims to offer 1 mn credit cards in 2014

HDFC Bank aims to offer 1 mn credit cards in 2014

Rediff.com   14 Jan 2014

Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013.

Rate rise fear ebbs as inflation seen softening

Rate rise fear ebbs as inflation seen softening

Rediff.com   10 Jan 2014

As on Monday, the prices of many vegetables had fallen as much as 50% compared with those a month before, due to increased supply, following the arrival of winter crops in the markets.

Muted growth likely for banks

Muted growth likely for banks

Rediff.com   8 Jan 2014

Loan defaults and restructuring to limit profits.

M&A deals continue to shrink in 2013

M&A deals continue to shrink in 2013

Rediff.com   27 Dec 2013

Outbound deal count in the current calendar year fell to 100 from 154 in 2012.

2013 saw unexpected reversal of interest rate cycle

2013 saw unexpected reversal of interest rate cycle

Rediff.com   17 Dec 2013

Repo rate may well end 2013 at 8 per cent, where it had begun the year.

Currency unlikely to plunge to Rs 68 to a dollar

Currency unlikely to plunge to Rs 68 to a dollar

Rediff.com   10 Nov 2013

RBI's steps will prevent rupee from slipping, even if OMCs meet entire $ demand from market

Foreign banks wait for norms on fully-owned subsidiaries

Foreign banks wait for norms on fully-owned subsidiaries

Rediff.com   31 Oct 2013

Currently, foreign lenders are present in India only through branches or representative offices.

Why soft loans will be hard on the exchequer

Why soft loans will be hard on the exchequer

Rediff.com   24 Oct 2013

The government is somehow convinced that selective low-rate lending will stimulate demand and accelerate economic growth that plunged to a four-year low of 4.4 per cent in the first three months of 2013-14.