Samie Modak And Manojit Saha

Stories by Samie Modak And Manojit Saha

Financing of CAD a key challenge: RBI

Financing of CAD a key challenge: RBI

Rediff.com   28 Jun 2013

The central bank is of the view that rise in external debt a concern but rating outlook revision reassuring.

Private banks mull exit from gold coin business

Private banks mull exit from gold coin business

Rediff.com   22 Jun 2013

India's top private banks might soon exit from the gold coin business.

Dwindling rupee dampens next week's rate cut hope

Dwindling rupee dampens next week's rate cut hope

Rediff.com   11 Jun 2013

The sharp fall in rupee since the beginning of May will make things difficult for the central bank which is on the path of easing the monetary policy to revive growth.

RBI to give new licensees more time to set up banks

RBI to give new licensees more time to set up banks

Rediff.com   3 Jun 2013

Application deadline may be extended but no leeway on priority-sector targets.

India needs to grow much faster: D Subbarao

India needs to grow much faster: D Subbarao

Rediff.com   5 May 2013

RBI Governor D Subbarao says banks' response to RBI's monetary intervention is asymmetric.

Buzz over 50-basis-point rate cut grows LOUDER

Buzz over 50-basis-point rate cut grows LOUDER

Rediff.com   30 Apr 2013

Street expects RBI to keep CRR unchanged, opt for open-market operations to ease liquidity

'SBI may stop performance guarantee to road projects'

'SBI may stop performance guarantee to road projects'

Rediff.com   29 Apr 2013

Four days ahead of RBI's monetary policy review, SBI Chairman Pratip Chaudhuri says a cut of one percentage point in CRR will allow the bank to lower lending rates 20 basis points.

Etihad Airways to get right of first refusal

Etihad Airways to get right of first refusal

Rediff.com   26 Apr 2013

Will be the first choice if Naresh Goyal decides to sell stake in future.

BSE to offer various forms of Sensex

BSE to offer various forms of Sensex

Rediff.com   23 Apr 2013

Investors might soon get to bet on various versions of the Bombay Stock Exchange's (BSE) benchmark index, the Sensex, and its other key gauges soon.

RBI may allow 7-8 NEW banks

RBI may allow 7-8 NEW banks

Rediff.com   23 Apr 2013

Most major corporate houses, such as the Tata group, Birla group and Reliance Industries, besides non-banking financial companies like L&T Finance, M&M Financial Services and the Shriram group, are said to be interested in setting up new banks.

Banks oppose HSBC's plan to sell stake in insurance JV

Banks oppose HSBC's plan to sell stake in insurance JV

Rediff.com   22 Apr 2013

The public-sector lenders were yet to get a formal proposal on sale from HSBC.

Cobrapost fallout: RBI extends investigation to 34 banks

Cobrapost fallout: RBI extends investigation to 34 banks

Rediff.com   19 Apr 2013

Reserve Bank of India lens on mutual fund, insurance, gold coin sale by branch's non-sales staff

Lenders to start liquidating Mallya's assets soon

Lenders to start liquidating Mallya's assets soon

Rediff.com   11 Apr 2013

The Goa villa, Mumbai office could be put on the block.

Retired bankers in demand as India Inc looks for licence

Retired bankers in demand as India Inc looks for licence

Rediff.com   9 Apr 2013

Aspirants banking on experience and domain knowledge of veterans

FM to meet India Inc, bankers on stalled projects

FM to meet India Inc, bankers on stalled projects

Rediff.com   5 Apr 2013

The first such interaction would be in Mumbai on Monday.

RBI to meet bankers on Thursday for pre-policy talks

RBI to meet bankers on Thursday for pre-policy talks

Rediff.com   2 Apr 2013

Banks will ask the banking regulator to defer the higher provisioning norms on standard restructured advances.

Banks initiate crackdown on wilful defaulters

Banks initiate crackdown on wilful defaulters

Rediff.com   26 Mar 2013

To recover dues from 50 top defaulters; finance ministry wants proceedings fast-tracked.

Pvt infra firms may get to issue tax-free bonds

Pvt infra firms may get to issue tax-free bonds

Rediff.com   18 Mar 2013

Allocation to be need-based, track record of the issuer to be considered.

Sebi and Irda clash again

Sebi and Irda clash again

Rediff.com   27 Feb 2013

The market regulator had last month allowed bourses to set up debt segments to develop the country's languishing corporate bond market.

Indian cos' fresh order inflows the weakest in 4 yrs

Indian cos' fresh order inflows the weakest in 4 yrs

Rediff.com   25 Feb 2013

With uncertainty over economic prospects and higher interest rates leading to subdued investments by the private sector, Indian companies' new order inflows in the quarter ended December 31 stood at the lowest level in nearly four years.