Subrata Panda, Abhijit Lele &Amp; Samie Modak

Stories by Subrata Panda, Abhijit Lele &Amp; Samie Modak

Jane Street puts lens on high-frequency trading, quant firms

Jane Street puts lens on high-frequency trading, quant firms

Rediff.com   15 Jul 2025

Sebi aims to stay proactive as HFT and quant firms like Citadel Securities, Optiver, Millennium, and IMC Trading are expanding rapidly in India, which is home to the world's largest derivatives market by contracts traded.

Trump Effect: Study Loan Surge to Ease in FY26

Trump Effect: Study Loan Surge to Ease in FY26

Rediff.com   11 Jul 2025

Education loan growth is set to halve this fiscal (FY26) because disbursements for the US decelerate following a raft of policy changes there.

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Promoter holdings in private listed firms drop 600 bps to 37% since 2021

Rediff.com   9 Jul 2025

Promoters of India's top private listed companies have cut their stakes sharply since 2021, taking advantage of elevated valuations and reshaping ownership dynamics in the market. Holdings of promoters in the top 200 privately owned listed firms declined nearly 600 basis points (bps) to 37 per cent at the end of FY25, from 43 per cent in FY21.

Govt urges banks to close inoperative Jan Dhan accounts

Govt urges banks to close inoperative Jan Dhan accounts

Rediff.com   7 Jul 2025

State-owned banks have received guidance from the government to close Jan Dhan accounts whose beneficiaries are unwilling to keep them active, amid rising instances of such accounts being misused by fraudsters as mule accounts to defraud people, people aware of the development said.

Need to shift from fortnightly to real-time credit reporting: RBI DG

Need to shift from fortnightly to real-time credit reporting: RBI DG

Rediff.com   3 Jul 2025

There is a need for real-time or near real-time credit reporting, instead of the current fortnightly system, to improve underwriting precision, enable timely reflection of borrower actions such as loan closures or repayments, and deliver a superior consumer experience, Deputy Governor of the Reserve Bank of India (RBI), M Rajeshwar Rao said on Wednesday.

AI 171 Crash: Insurance Cost: $475 Million

AI 171 Crash: Insurance Cost: $475 Million

Rediff.com   1 Jul 2025

'$125 million for the hull and the remaining of over $350 million for liability.'

$150 Million Insurance Claims Loom After AI 171 Crash

$150 Million Insurance Claims Loom After AI 171 Crash

Rediff.com   23 Jun 2025

The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of lives where the aircraft crashed; and cargo liability.

'The demand for health insurance is fine'

'The demand for health insurance is fine'

Rediff.com   22 Jun 2025

'The retail industry is still growing in double digits.'

'Federal Bank Has To Now Play Test Matches'

'Federal Bank Has To Now Play Test Matches'

Rediff.com   21 Jun 2025

'The brand, the team, and the people have to make the transition from playing league matches to Test matches.'

Change of stance to neutral doesn't mean pause on rate cut: Economists

Change of stance to neutral doesn't mean pause on rate cut: Economists

Rediff.com   18 Jun 2025

The change in stance to neutral from accommodative in the June monetary policy meeting does not necessarily signal that the Reserve Bank of India's (RBI's) rate setting body - monetary policy committee (MPC) - will go on a prolonged pause on rate cuts going forward, believe experts.

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

HDFC Bank to pursue legal remedies against Mehta family of Lilavati Trust

Rediff.com   9 Jun 2025

HDFC Bank on Sunday said that it will "pursue all lawful remedies" to recover public funds and address the retaliatory actions taken by the Mehta family of the Lilavati Kirtilal Mehta Medical (LKMM) Trust, which has filed a complaint against the bank's managing director (MD) & chief executive officer (CEO) Sashidhar Jagdishan alleging financial fraud.

Foreign investment in Indian corporate bonds hits 10-year high in May

Foreign investment in Indian corporate bonds hits 10-year high in May

Rediff.com   7 Jun 2025

Foreign investment in bonds issued by Indian corporates touched a 10-year high in May at 20,996 crore, driven by $3.35 billion fundraise by the Shapoorji Pallonji (SP) group, which saw infusion from Deutsche Bank, BlackRock, Morgan Stanley, Davidson Kempner, and Cerberus Capital, among others. The SP group sold three-year bonds, offering 19.75 per cent yield compounded annually and payable at maturity.

LIC picks up Adani Ports' entire Rs 5K cr issue

LIC picks up Adani Ports' entire Rs 5K cr issue

Rediff.com   30 May 2025

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development.

'Bank Of Baroda Is Well Capitalised'

'Bank Of Baroda Is Well Capitalised'

Rediff.com   24 May 2025

'Bank has enabling provision to raise capital up to Rs 7,500 crore over a longer period of time.'

Cautious state-run banks expect 11-13% credit growth in FY26

Cautious state-run banks expect 11-13% credit growth in FY26

Rediff.com   20 May 2025

Despite sharp interest rate cuts expected in this financial year amid easy liquidity conditions, state-run banks are treading cautiously on their loan growth projections for FY26. Most large banks are projecting loan growth at 11-13 per cent, almost similar to the previous financial year.

'Yes Bank has solved the asset quality problem'

'Yes Bank has solved the asset quality problem'

Rediff.com   17 May 2025

'Now we have one of the best asset qualities in the industry.'

For Now DIIs In Driver's Seat...

For Now DIIs In Driver's Seat...

Rediff.com   16 May 2025

The interplay between domestic and foreign capital will shape India's equity markets.

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

DIIs overtake FPIs as dominant investors in Indian markets in March quarter

Rediff.com   3 May 2025

Domestic institutional investors (DIIs), mostly mutual funds and insurance companies, overtook foreign portfolio investors (FPIs) in ownership of NSE-listed companies in the March quarter of 2025. According to Prime Database, DIIs held a 17.62 per cent stake, up from 16.89 per cent in the December 2024 quarter.

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

After CEO exit, RBI okays IndusIndexecutives' panel to run the show

Rediff.com   1 May 2025

The Reserve Bank of India (RBI) has approved IndusInd Bank's request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier.

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com   29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.