Somasroy Chakraborty &Amp; Abhijit Lele

Stories by Somasroy Chakraborty &Amp; Abhijit Lele

UBI may declare UB Holdings a wilful defaulter

UBI may declare UB Holdings a wilful defaulter

Rediff.com   10 Sep 2014

Sources said a few other lenders were also contemplating a move to declare both Kingfisher Airlines and UBHL wilful defaulters.

SBI to raise global biz share to 25% in 3 years

SBI to raise global biz share to 25% in 3 years

Rediff.com   8 Sep 2014

SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.

RBI begins review of Jan Dhan rollout

RBI begins review of Jan Dhan rollout

Rediff.com   5 Sep 2014

A senior RBI official said the regulator was focusing on performance of banks' statewise and in each district.

I have enough liquidity to look after growth needs, assures SBI chief

I have enough liquidity to look after growth needs, assures SBI chief

Rediff.com   5 Sep 2014

In an interview with Business Standard, Arundhati Bhattacharya says she expects stalled projects coming back on track in two quarters.

Decoding wilful defaulter tag

Decoding wilful defaulter tag

Rediff.com   5 Sep 2014

Wilful defaulters will not be allowed to take up board positions in any company.

Wilful defaulter tag may impact Mallya's MCF ownership battle

Wilful defaulter tag may impact Mallya's MCF ownership battle

Rediff.com   2 Sep 2014

Poddar-Mallya agreement on running MCF likely to be re-worked.

Banks seek stricter norms for reporting on wilful defaulters

Banks seek stricter norms for reporting on wilful defaulters

Rediff.com   28 Aug 2014

Banks, through the Indian Banks' Association, have urged RBI and credit information companies to maintain a database of wilful defaulters.

Ahead of festive season, banks cut big-ticket home loan rates

Ahead of festive season, banks cut big-ticket home loan rates

Rediff.com   27 Aug 2014

SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75,00,000

SC verdict on coal blocks worries bankers

SC verdict on coal blocks worries bankers

Rediff.com   26 Aug 2014

These numbers show overall exposure and are not a reflection that all loans are going to be impacted.

Reliance Retail tweaks funding strategy

Reliance Retail tweaks funding strategy

Rediff.com   24 Aug 2014

Reliance Retail would be exposed to implementation and execution risks in its expansion plans.

Mallya-Poddar bid for MCF hits UBI hurdle

Mallya-Poddar bid for MCF hits UBI hurdle

Rediff.com   22 Aug 2014

Sebi asked to reconsider open offer nod as KFA was identified as wilful defaulter.

Financial inclusion may remain an unsolved puzzle

Financial inclusion may remain an unsolved puzzle

Rediff.com   20 Aug 2014

Days after the PM announced a financial inclusion package, a look at how banks and insurance firms are going about it and what lies ahead.

Can public sectors banks clean up the rot within?

Can public sectors banks clean up the rot within?

Rediff.com   20 Aug 2014

The finance ministry is not only keen to split the roles of CMD, but also wants to appoint them for a fixed tenure of five years.

An external agency to monitor Bhushan Steel?

An external agency to monitor Bhushan Steel?

Rediff.com   18 Aug 2014

State Bank of India's push among fellow bankers to appoint an external agency to run debt-heavy Bhushan Steel might not be smooth sailing.

Syndicate fallout: PSBs' small loans may be hit

Syndicate fallout: PSBs' small loans may be hit

Rediff.com   7 Aug 2014

Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.

Syndicate Bank brass in damage control

Syndicate Bank brass in damage control

Rediff.com   7 Aug 2014

The Reserve Bank of India's ongoing inspection of the book of accounts of Syndicate Bank is unconnected with last week's arrest of S K Jain, its chairman and managing director.

TCS raising Rs 4,000 crore via commercial paper

TCS raising Rs 4,000 crore via commercial paper

Rediff.com   26 Jul 2014

Analysts say TCS's total dividend outgo in 2014-15 is likely to cross Rs 11,500 crore (Rs 115 billion), given its policy of paying quarterly dividends.

Banks put Rs 21k-cr NPAs on block in 3 months

Banks put Rs 21k-cr NPAs on block in 3 months

Rediff.com   23 Jun 2014

Rush to offload bad loans indicates a revival in asset-sale market

Why private banks are on a hiring spree

Why private banks are on a hiring spree

Rediff.com   18 Jun 2014

Fresh hiring might slow as banks likely to focus on improving efficiencies.

Mallya gets more time on wilful defaulter tag

Mallya gets more time on wilful defaulter tag

Rediff.com   16 Jun 2014

Vijay Mallya, the embattled chairman of the UB Group, is not likely to be immediately named a wilful defaulter by the United Bank of India.