Shine Jacob &Amp;Amp; Abhijit Lele

Stories by Shine Jacob &Amp;Amp; Abhijit Lele

How India plans to counter China

How India plans to counter China

Rediff.com   8 May 2017

The Cabinet has approved a framework of understanding on cooperation in hydrocarbons with Bangladesh recently.

Indian Railways' off-track plans to raise Rs 39,000 crores

Indian Railways' off-track plans to raise Rs 39,000 crores

Rediff.com   27 Apr 2017

Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.

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.

New rail regulator to decide on tariff, ease investment process

New rail regulator to decide on tariff, ease investment process

Rediff.com   6 Apr 2017

The development comes after the National Democratic Alliance government this year broke a 92-year-old tradition of presenting a separate Railway Budget, according to suggestions made by the Debroy committee.

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

Entertainment junkie? Here's why you'll love travelling by train

Entertainment junkie? Here's why you'll love travelling by train

Rediff.com   21 Mar 2017

The ministry of railways is set to invite bids for content on demand and rail radio services, to be provided for travellers in April, says Shine Jacob.Shine Jacob in New Delhi

Railways seek reimbursement for IRCTC service charge waiver

Railways seek reimbursement for IRCTC service charge waiver

Rediff.com   10 Mar 2017

IRCTC used to charge Rs 40 per ticket for bookings in AC classes, Rs 20 per ticket in sleeper class

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.

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.

Duty of finance ministry to help us find money for capex: Prabhu

Duty of finance ministry to help us find money for capex: Prabhu

Rediff.com   2 Feb 2017

Suresh Prabhu on the priority being given to safety and the need for more funds for railways to move ahead.

The problem with using e-wallets to buy train tickets

The problem with using e-wallets to buy train tickets

Rediff.com   27 Jan 2017

Shine Jacob & Karan Choudhury highlight the red flags raised by the Controller General of Accounts.

MFI profitability hit by note ban, says ICRA report

MFI profitability hit by note ban, says ICRA report

Rediff.com   27 Jan 2017

Collection dived to 75-80% in November-December from 99% after demonetisation.

The great Indian railways and a little app

The great Indian railways and a little app

Rediff.com   25 Jan 2017

RailYatri offers a host of travel-related services to a 4.5 million user base. Shine Jacob finds out what's next for the app.

Axis Bank net slumps 73% on provisioning

Axis Bank net slumps 73% on provisioning

Rediff.com   20 Jan 2017

Axis Bank's loan portfolio quality deteriorated, with gross NPAs rising to 5.22% of gross advances.

The untold story: Credit growth slows after note ban

The untold story: Credit growth slows after note ban

Rediff.com   20 Jan 2017

Banks lend 60,000 cr in 8 weeks since Nov 8; Y-o-Y credit expansion slows further.