Somasroy Chakraborty And Nupur Anand

Stories by Somasroy Chakraborty And Nupur Anand

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.

Carry your bank everywhere, literally

Carry your bank everywhere, literally

Rediff.com   22 Dec 2014

The preference for digital banking now cuts across all customer segments.

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.

Now, use your debit card for inter-bank fund transfers at ATMs

Now, use your debit card for inter-bank fund transfers at ATMs

Rediff.com   8 Dec 2014

Union Bank of India, Canara Bank, Andhra Bank, Saraswat Co-operative Bank and YES Bank have come together to allow inter-bank fund transfers through debit cards.

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.

Festive season fails to cheer banks this year

Festive season fails to cheer banks this year

Rediff.com   1 Dec 2014

Bankers say loan demand was more muted this festival season than last year.

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.

Why festive season failed to cheer bankers

Why festive season failed to cheer bankers

Rediff.com   21 Nov 2014

Car sales dipped by 2.55 per cent in October, as the festival season demand for auto remained in slow lane.

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.

Banks cut lending on gold as prices fall

Banks cut lending on gold as prices fall

Rediff.com   17 Nov 2014

Banks have swung into action as gold prices continue to slide. Reduced loan-to-value ratio (LTV), cautious lending, and a close monitoring of the gold loan portfolio have prompted them to hedge their loan books against the reduction in prices.

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.

Axis, HDFC Bank to charge you for more than 5 ATM transactions

Axis, HDFC Bank to charge you for more than 5 ATM transactions

Rediff.com   8 Nov 2014

At other bank ATMs, the customers of these banks will be charged beyond three transactions.

SBI limits free ATM transactions to 5, will others follow?

SBI limits free ATM transactions to 5, will others follow?

Rediff.com   4 Nov 2014

Even as State Bank of India, the country's largest lender, has decided to charge its customers for more than five transactions through automated teller machines (ATMs), private sectors banks continue to be on a wait-and-watch mode.

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.

Little festive cheer for bank credit growth

Little festive cheer for bank credit growth

Rediff.com   5 Oct 2014

2014 sees slowest start to festival season in at least 7 years

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.

Street expects RBI to hold rates for the entire fiscal

Street expects RBI to hold rates for the entire fiscal

Rediff.com   23 Sep 2014

As many as nine respondents said RBI would hold the repo rate at 8% till March-end, 2015