Somasroy Chakraborty And Manojit Saha

Stories by Somasroy Chakraborty And Manojit Saha

5 entities file lawsuit against ICICI Bank UK

5 entities file lawsuit against ICICI Bank UK

Rediff.com   27 Dec 2014

Bank dismisses mis-selling charges, says lawsuit filed after it initiated legal recovery action over loan default

Quick recap: Factors that played spoilsport for banks in 2014

Quick recap: Factors that played spoilsport for banks in 2014

Rediff.com   26 Dec 2014

Experts hail 2014 as the worst year for banks.

Banks tell SpiceJet to repay dues

Banks tell SpiceJet to repay dues

Rediff.com   18 Dec 2014

The Directorate General of Civil Aviation has been asked to open up bookings of SpiceJet till March 31, 2015, while airport operators have been asked to provide 15 days to the airline company for making payments.

The rise, fall & return of Vikram Akula

The rise, fall & return of Vikram Akula

Rediff.com   16 Dec 2014

It might be difficult to repeat the SKS success with VAYA Finserv, say analysts

High-profile bankers find it tough to turn around small private banks

High-profile bankers find it tough to turn around small private banks

Rediff.com   10 Dec 2014

Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents.

HDFC Bank to welcome back its former employees

HDFC Bank to welcome back its former employees

Rediff.com   9 Dec 2014

The bank introduces project 'Khoj' to re-hire 3,000 ex-workers over 18 months.

SIM-swap fraud: A new way of stealing money

SIM-swap fraud: A new way of stealing money

Rediff.com   5 Dec 2014

Fraudsters duplicate SIM cards to hack into bank accounts.

Will Raghuram Rajan succumb to pressure to cut rates?

Will Raghuram Rajan succumb to pressure to cut rates?

Rediff.com   2 Dec 2014

Jaitley has made it a habit of giving soundbytes to the media like his predecessors on why RBI should cut interest rates

ICICI Bank goes slow on hiring for now

ICICI Bank goes slow on hiring for now

Rediff.com   22 Nov 2014

The introduction of more technology platforms has also helped.

Savings deposit above Rs 1 lakh? You will earn less!

Savings deposit above Rs 1 lakh? You will earn less!

Rediff.com   19 Nov 2014

Your opportunity to earn higher interest by keeping more than Rs 1,00,000 in your savings bank account might soon be limited.

UCO Bank not to allow lawyers to represent Kingfisher

UCO Bank not to allow lawyers to represent Kingfisher

Rediff.com   8 Nov 2014

UCO Bank will not allow Kingfisher Airlines to be represented by lawyers in the wilful default case hearing.

5 reasons why Rajan may not cut rate in December

5 reasons why Rajan may not cut rate in December

Rediff.com   7 Nov 2014

RBI could opt for a 'deep cut' after winning inflation war, say experts.

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

GTL default: Banks stare at fresh NPAs of Rs 6,000 crore

Rediff.com   4 Nov 2014

A series of failed loan recast programmes continues to haunt banks.

UBI knocks on EU regulator's door against Airbus

UBI knocks on EU regulator's door against Airbus

Rediff.com   28 Oct 2014

Airbus recently bagged large orders from Indian airlines such as Indigo and Go Air.

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Misplaced euphoria: Why diesel deregulation won't change Rajan's mind on rate cuts

Rediff.com   23 Oct 2014

The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased

Rajan gets his way on RBI's restructuring plan

Rajan gets his way on RBI's restructuring plan

Rediff.com   22 Oct 2014

RBI conducts interviews for first lateral hire for CGM post; deputy governors to head four distinct verticals.

Will the rupee remain steady?

Will the rupee remain steady?

Rediff.com   11 Oct 2014

Possible slowdown of FII money into debt and equity markets could add pressure on currency.

For India's least-paid CEOs, it's not only about money

For India's least-paid CEOs, it's not only about money

Rediff.com   26 Sep 2014

Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.

Robust review before PSU bank chiefs are selected

Robust review before PSU bank chiefs are selected

Rediff.com   16 Sep 2014

The move to make the appointment process more robust comes after last month's arrest of S K Jain, chairman and managing director of Syndicate Bank last month, over graft charges.

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.