Somasroy Chakraborty &Amp; Abhijit Lele

Stories by Somasroy Chakraborty &Amp; Abhijit Lele

FII pull outs sway rupee with dollar

FII pull outs sway rupee with dollar

Rediff.com   11 Jun 2013

Significant investors in government bonds FIIs have been net sellers since May 22.

From ICICI to YES Bank: Meet Shagun Kapur Gogia

From ICICI to YES Bank: Meet Shagun Kapur Gogia

Rediff.com   10 Jun 2013

Shagun Kapur Gogia might not have convinced her uncle Rana Kapoor, managing director and chief executive of YES Bank, to appoint her as a board member of the bank, but it appears she has successfully carved out her own space in the financial world.

Companies staring at unhedged forex exposure

Companies staring at unhedged forex exposure

Rediff.com   7 Jun 2013

While the rupee depreciation in 2012 persuaded many companies in taking hedges against their foreign currency loans, industry analysts feel it might not be sufficient to counter the swift slide in the value of the local currency.

Inflation-indexation bonds: Not much for retail investors

Inflation-indexation bonds: Not much for retail investors

Rediff.com   4 Jun 2013

They can wait, as RBI has indicated the bonds could be linked to CPI in future.

UB Group takes lenders to court

UB Group takes lenders to court

Rediff.com   27 May 2013

SBI says recovery process on as no court stay yet.

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

UCO Bank 'names and shames' S Kumar's CMD Kasliwal

Rediff.com   9 May 2013

Bank issues public notice with photograph in Reid & Taylor default case.

Gold loan firms swing into action as prices fall

Gold loan firms swing into action as prices fall

Rediff.com   19 Apr 2013

These companies may recall loans in extreme cases; loan-to-value ratio stands at 60% but scrap value at 75%.

HSBC eyes banking biz beyond metros

HSBC eyes banking biz beyond metros

Rediff.com   19 Apr 2013

Hongkong and Shanghai Banking Corporation (HSBC) is exploring opportunities beyond metro cities to expand its commercial banking business in India.

Banks may need more time to replace cards

Banks may need more time to replace cards

Rediff.com   9 Apr 2013

Card fees likely to increase to offset replacement cost.

Banks raise cautionary bar on gold loan companies

Banks raise cautionary bar on gold loan companies

Rediff.com   28 Mar 2013

They have sought data from these companies on loss absorption capacity in case of a fall in gold prices and higher defaults.

ICICI Bank, HSBC start expanding credit card base

ICICI Bank, HSBC start expanding credit card base

Rediff.com   26 Mar 2013

It appears the two banks are now convinced that increasing their credit card portfolios will not lead to significant erosion in asset quality.

Electronic payment space lures investors

Electronic payment space lures investors

Rediff.com   14 Feb 2013

As banks are looking at such infrastructure as ancillary assets, wanting to focus on core activity, they're reluctant to commit their resources here, throwing space open for other players.

COLUMN: India Inc and the Big Bank theories

COLUMN: India Inc and the Big Bank theories

Rediff.com   14 Feb 2013

Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice.

Our cost of funds is still high: Federal Bank chief

Our cost of funds is still high: Federal Bank chief

Rediff.com   13 Feb 2013

Shyam Srinivasan, managing director and CEO, shares with Business Standard the strategy to grow the bank's retail lending business in the coming quarters.

Banks cut credit panel meets as loan demand stays low

Banks cut credit panel meets as loan demand stays low

Rediff.com   4 Feb 2013

The pick-up in credit demand in coming months looks uncertain.

ICICI, Axis Bank raise deposit rates

ICICI, Axis Bank raise deposit rates

Rediff.com   29 Jan 2013

The Reserve Bank of India is widely expected to reduce the repo rate for the first time in nine months when it announces its third quarter policy review.

Banking licences: Corporate honchos rule out conflict

Banking licences: Corporate honchos rule out conflict

Rediff.com   24 Jan 2013

Economists advise against it, citing international experiences; business leaders say RBI should allow move for inclusive growth.

YES Bank in race to acquire RBS' retail assets

YES Bank in race to acquire RBS' retail assets

Rediff.com   15 Jan 2013

The move comes after RBS failed to close a deal involving sale of its India retail assets to Hongkong and Shanghai Banking Corporation.

RBI begins check on collateral adequacy for loans

RBI begins check on collateral adequacy for loans

Rediff.com   21 Dec 2012

Leveraged balance sheets expose banks to sudden shocks.

In a first, SBI takes its officers' body to court

In a first, SBI takes its officers' body to court

Rediff.com   17 Dec 2012

Agitation against 7-day banking move prompts action.