Vinay Umarji &Amp;Amp; Abhijit Lele

Stories by Vinay Umarji &Amp;Amp; Abhijit Lele

Bank of Bahrain & Kuwait lays out plans for India

Bank of Bahrain & Kuwait lays out plans for India

Rediff.com   1 Mar 2014

Currently, the West Asian banking group has three branches - in Mumbai, Hyderabad and Kochi.

Will Surat, Chandigarh outpace Mum, Delhi in retail growth?

Will Surat, Chandigarh outpace Mum, Delhi in retail growth?

Rediff.com   28 Feb 2014

Tier-II cities are all set to witness good retail growth in near future.

Why SBI wants to 'charge' MTM losses to balance sheet

Why SBI wants to 'charge' MTM losses to balance sheet

Rediff.com   28 Feb 2014

The State Bank of India has proposed to the RBI to allow it to charge mark-to-market losses on its balance sheet.

SBI readies plan to improve profitability

SBI readies plan to improve profitability

Rediff.com   20 Feb 2014

NPAs, cost, fee income, productivity, HR reorientation are focus areas; schedules drawn for addressing all from weeks to a year.

White-label ATM rollout in slow lane

White-label ATM rollout in slow lane

Rediff.com   15 Jan 2014

Bankers and executives involved in ATM operations said challenges abounded in this segment.

Banks seek leeway from RBI

Banks seek leeway from RBI

Rediff.com   6 Jan 2014

Say 30 days not enough to resolve stress; want higher provision norms deferred till economy picks up

Be ready to pay more for ATM transactions this year

Be ready to pay more for ATM transactions this year

Rediff.com   2 Jan 2014

At present, there is no cap on free transactions at own-bank ATMs, while customers can use other banks' machines up to five times a month without any extra cost.

New worries for banks

New worries for banks

Rediff.com   11 Dec 2013

Delays in returning money for disputed transactions have also come under RBI's scanner.

Maruti's Gujarat plant site draws real estate developers

Maruti's Gujarat plant site draws real estate developers

Rediff.com   15 Nov 2013

According to villagers in the region, builders have been doing the rounds of the area, trying to spot suitable locations for residential projects.

Khadi+denim jacket: Narendra Modi's choice of winter wear?

Khadi+denim jacket: Narendra Modi's choice of winter wear?

Rediff.com   28 Oct 2013

Come winter, and Gujarat Chief Minister and Bharatiya Janata Party's prime ministerial candidate Narendra Modi may don a khadi denim jacket and a handloom denim kurta. A Delhi-based organisation has been given the mandate of weaving a three-metre khadi denim and a five-metre handloom denim fabric on an "experimental basis."

Retail investors' holding fell steeply in last decade: IIM-A

Retail investors' holding fell steeply in last decade: IIM-A

Rediff.com   24 Oct 2013

Promoters, institutional investors have started increasing their holdings in domestic private sector companies.

FM to grill govt banks' chiefs on Tuesday

FM to grill govt banks' chiefs on Tuesday

Rediff.com   21 Oct 2013

Meet to review progress on lending, impact of recent rate cuts and what is being done on NPAs, among other things

Why financial literacy among urban working youth is low

Why financial literacy among urban working youth is low

Rediff.com   14 Oct 2013

The study says living in joint families negatively impacted the level of financial knowledge.

Sliding rupee, RBI moves turn tide for NRI deposits in July

Sliding rupee, RBI moves turn tide for NRI deposits in July

Rediff.com   12 Sep 2013

All categories of NRI deposits saw net inflows in July.

Corporate debt restructuring cases to come under scanner

Corporate debt restructuring cases to come under scanner

Rediff.com   7 Sep 2013

The government is set to carry out a performance review of companies that have opted for corporate debt restructuring (CDR).

Banks to rework home loan math

Banks to rework home loan math

Rediff.com   5 Sep 2013

After RBI's missive on proxy lending to builders, it's time to reshuffle.

Now, private power firms may shock banks

Now, private power firms may shock banks

Rediff.com   16 Aug 2013

Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring.

New RBI head has tough job on hand: IIM-A faculty

New RBI head has tough job on hand: IIM-A faculty

Rediff.com   8 Aug 2013

The mood at the Indian Institute of Management, Ahmedabad (IIM-A) is festive, with one of its alumnii, Raghuram Rajan taking over as the next Reserve Bank of India (RBI) governor.

SBI to turn aggressive against defaulting firms

SBI to turn aggressive against defaulting firms

Rediff.com   26 Jun 2013

SBI was slow in filing and following up on winding-up cases.

Rupee fall pushes apparel exporters' margins

Rupee fall pushes apparel exporters' margins

Rediff.com   12 Jun 2013

Rupee depreciation pushes apparel exporters' margins by 5-7%.