Sheetal Agarwal And Abhijit Lele

Stories by Sheetal Agarwal And Abhijit Lele

12 bank accounts and Rs 1.78 lakh crore bad debt

12 bank accounts and Rs 1.78 lakh crore bad debt

Rediff.com   14 Jun 2017

The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore

India Inc displays pricing muscle in Q4

India Inc displays pricing muscle in Q4

Rediff.com   5 Jun 2017

Premiumisation, improving demand aid realisation growth at most large firms

'Never send back Mahalakshmi when she comes to your house'

'Never send back Mahalakshmi when she comes to your house'

Rediff.com   29 May 2017

P S Jayakumar, managing director and chief executive officer, Bank of Baroda, speaks to Abhijit Lele & Hamsini Karthik about loan recoveries, sounding more confident than a year before.

RBI to rope in rating agencies for NPA solution

RBI to rope in rating agencies for NPA solution

Rediff.com   24 May 2017

The broad contours of their assignment are expected to be making independent assessment of recovery prospects, and estimating haircuts for restructuring cases.

Shikha Sharma on the new NPA rules and the future of Axis Bank

Shikha Sharma on the new NPA rules and the future of Axis Bank

Rediff.com   19 May 2017

Axis Bank Managing Director & Chief Executive Officer Shikha Sharma on the new mechanism for non-performing loans, the bank's loan portfolio, industry outlook and the bank's future plans.

'We want to remain competitive in terms of rates and fees'

'We want to remain competitive in terms of rates and fees'

Rediff.com   18 May 2017

If customers did not see value in what we provide them at the price point at which we provide these, they would not have been there with us in such a competitive market, says HDFC deputy managing director Paresh Sukthankar.

Are markets ripe for a steep correction?

Are markets ripe for a steep correction?

Rediff.com   3 May 2017

Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.

Why India's banks are staring at a bleak future

Why India's banks are staring at a bleak future

Rediff.com   3 May 2017

The continuing stress faced by corporate India has weakened their debt-servicing capability and this is reflected in the banks' books, as yet-burgeoning bad loans.

Watch out for these stocks this monsoon

Watch out for these stocks this monsoon

Rediff.com   28 Apr 2017

What stocks will gain from a normal monsoon?

RBI proposes wholesale, long-term finance banks

RBI proposes wholesale, long-term finance banks

Rediff.com   11 Apr 2017

Discussion paper fixes Rs 1,000 cr as minimum capital for these specialised banks

Will Modi's Digital India dream ever come true?

Will Modi's Digital India dream ever come true?

Rediff.com   11 Apr 2017

The value of transactions through debit and credit cards used at the PoS fell to Rs 64,200 cr in February

SBI wants to be among the world's top 30 banks in three years: Arundhati Bhattacharya

SBI wants to be among the world's top 30 banks in three years: Arundhati Bhattacharya

Rediff.com   11 Apr 2017

Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.

A first in many years, FY17 credit growth to lag India's GDP

A first in many years, FY17 credit growth to lag India's GDP

Rediff.com   31 Mar 2017

Historically, overall credit has grown at 1.6 times GDP growth

Bank officers want pay equality with central govt staff

Bank officers want pay equality with central govt staff

Rediff.com   22 Mar 2017

Demands include 5-day banking, PF to be calculated on total salary and allowances, not only on basic

Not only private banks, even PSBs levy charges on customers

Not only private banks, even PSBs levy charges on customers

Rediff.com   8 Mar 2017

Punjab National Bank, Bank of Baroda, Bank of India and Canara Bank already charge their customers a levy for failing to maintain a minimum balance for a quarter or a month.

RBI 's latest headache: Ballooning fiscal deficits of states

RBI 's latest headache: Ballooning fiscal deficits of states

Rediff.com   24 Feb 2017

Deficits could come under more pressure in coming years as states implement their own Pay Commissions.

What does Microsoft see in Aadhaar?

What does Microsoft see in Aadhaar?

Rediff.com   23 Feb 2017

The use of Aadhaar on Skype Lite and LinkedIn will allow Microsoft to bring on board millions in small towns and rural areas lacking e-mail IDs.

SBI merger could spill over to FY18

SBI merger could spill over to FY18

Rediff.com   23 Feb 2017

SBI might present the first result for the combined entity at the end of the first quarter of 2017-18

New NPA resolution plan finds few takers among bankers

New NPA resolution plan finds few takers among bankers

Rediff.com   23 Feb 2017

Rather, the existing ones should be implemented speedily to clean up the mess.

Keen to reduce debt, banks get tough with large borrowers

Keen to reduce debt, banks get tough with large borrowers

Rediff.com   21 Feb 2017

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end.