Somasroy Chakraborty, Santosh Tiwari

Stories by Somasroy Chakraborty, Santosh Tiwari

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.

IndianOil may be top draw in FY14 divestment

IndianOil may be top draw in FY14 divestment

Rediff.com   12 Feb 2013

As on December 31, government stake in IndianOil stood at 78.92 per cent.

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.

Govt may agree with Shome panel on retro tax

Govt may agree with Shome panel on retro tax

Rediff.com   29 Jan 2013

Move could be a major relief to Vodafone.

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.

Govt to overhaul investment fund

Govt to overhaul investment fund

Rediff.com   17 Jan 2013

From the next financial year, the government will utilise the disinvestment proceeds for recapitalisation of banks and for subscribing to the shares of Central Public Sector Enterprises and preferential allotments.

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.

Package to remove foreign taxation glitches on anvil

Package to remove foreign taxation glitches on anvil

Rediff.com   11 Jan 2013

Norms for e-commerce likely, arm's-length pricing set for change.

'Large chunk of parallel economy out of tax net'

'Large chunk of parallel economy out of tax net'

Rediff.com   10 Jan 2013

Three entities entrusted with job submit reports on black money estimation.

'There is a need to put pressure on IPO pricing'

'There is a need to put pressure on IPO pricing'

Rediff.com   27 Dec 2012

In an interview with Business Standard, Sebi Chairman U K Sinha discusses investment advisory rules and how regulators are coming together to resolve issues.

Banks entice uber rich with super-premium credit cards

Banks entice uber rich with super-premium credit cards

Rediff.com   30 Nov 2012

As the country's HNI population is on a rise, the segment is hard to ignore for domestic banks.

Why the market is in love with J&K Bank

Why the market is in love with J&K Bank

Rediff.com   28 Nov 2012

Tagged as a sleepy, regional lender till a few years earlier, the bank's stock was not much talked about in the investors' community.

Five senior execs quit Tata AIA Life Insurance

Five senior execs quit Tata AIA Life Insurance

Rediff.com   15 Nov 2012

Tata AIA Life Insurance has 13 people at the senior vice-president level.

Banks' retail income beats slowdown in corporate fee

Banks' retail income beats slowdown in corporate fee

Rediff.com   14 Nov 2012

The rising spends on credit cards, increase in sale of third-party products and surge in consumer loan demand have allowed banks to limit the impact of slowdown in corporate fee income.

Mittal for realistic spectrum pricing

Mittal for realistic spectrum pricing

Rediff.com   8 Nov 2012

He feels that the reserve price set by the government for the 2G spectrum auction was very high.

RBI, Sebi propose changes in RGESS investment norms

RBI, Sebi propose changes in RGESS investment norms

Rediff.com   6 Nov 2012

The regulators have proposed changes in the norms for inclusion of mutual funds in the scheme.

Nationwide Aadhaar-based payment launch on Saturday

Nationwide Aadhaar-based payment launch on Saturday

Rediff.com   17 Oct 2012

210 millionth Aadhaar number to be handed over UPA Chairperson Sonia Gandhi to also be present.

NIB likely to be toothless in cutting project delays

NIB likely to be toothless in cutting project delays

Rediff.com   16 Oct 2012

PM-led body won't have jurisdiction over state-level issues that contribute most to delays.

ICICI Bank cuts home loan rates

ICICI Bank cuts home loan rates

Rediff.com   12 Oct 2012

Will offer lower rates on home loans till end of 2012.

E-payment system likely to curb black money

E-payment system likely to curb black money

Rediff.com   8 Oct 2012

FinMin working to ensure all govt transactions are done electronically, says official