Abhijit Lele
Abhijit Lele
Page 144 - Abhijit Lele
Vijaya Bank plans to raise Rs 1, 000 crore capital in Q4
Lender plans to raise equal amounts through equity infusion from the government and through bonds
 "Vijaya Bank plans to raise Rs 1, 000 crore capital in Q4")
A higher provisioning bill will keep pressure on bottom line: Ashwani Kumar
Interview with Chairman & MD, Equity, Dena Bank
 "A higher provisioning bill will keep pressure on bottom line: Ashwani Kumar")
Bank of Baroda picks E&Y to review KYC systems
Appoints strategic advisor for restructuring to help improve profitability
 "Bank of Baroda picks E&Y to review KYC systems")
It is not going to make a difference to Indian debt: Jayesh Mehta
Interview with Managing director and country treasurer for India at Bank of America Merrill Lynch
 "It is not going to make a difference to Indian debt: Jayesh Mehta")
Banks, NBFCs: No meaningful impact of ban on diesel vehicles
Segment forms a small part of their loan books, estimate analysts
 "Banks, NBFCs: No meaningful impact of ban on diesel vehicles")
Will invest in technology to stay ahead: Ashu Suyash
Interview with Managing director and chief executive officer of CRISIL
 "Will invest in technology to stay ahead: Ashu Suyash")
SBI to audit its HR systems, practices
For the first time the bank is conducting employee engagement survey
 "SBI to audit its HR systems, practices")
Banks await rules for marginal cost-based pricing
Revised small-savings rate regime to weigh on decisions
 "Banks await rules for marginal cost-based pricing")
Six PSBs to submit recovery plans
Finance ministry asks lenders for specific programme
 "Six PSBs to submit recovery plans")
Gold monetisation norms relaxed as only 400 gm gold deposited
Move prompted by tepid response to gold monetisation scheme in the fortnight since its launch
 "Gold monetisation norms relaxed as only 400 gm gold deposited")
BoB to bring in advisor for MD &CEO
Amongst key tasks the strategic advisor would focus on are developing business plans and procedures for corporate restructurings
IDBI Bank's privatisation experiment ill-timed: Moily
Former Union minister Veerappa Moily has said NPAs and stressed loans are very high, and at no point of time after the nationalisation of banks has the situation come to such a pass
 "IDBI Bank's privatisation experiment ill-timed: Moily")
Sujana Towers slippage of Rs 400 cr knocks out profit from IDBI Bank
The balance sheet of the company is stretched, thus facing challenge to service its debt
 "Sujana Towers slippage of Rs 400 cr knocks out profit from IDBI Bank")
RBI lens on outward remittances
Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart
 "RBI lens on outward remittances")
Alok Industries & Parekh Aluminex add to Federal Bank's NPA issues
Apart from these two there were three other corporate accounts that slipped into NPA
 "Alok Industries & Parekh Aluminex add to Federal Bank's NPA issues")
NBFCs going slow on lending rate cuts due to tepid credit growth
Of late, base rate or minimum rate at which banks lend have come down by 55 to 70 basis points
 "NBFCs going slow on lending rate cuts due to tepid credit growth")
No relaxation in CRR, SLR norms, RBI tells small finance banks
Currently, about 70% of the borrowings of microfinance institutions are in the form of bank loans
 "No relaxation in CRR, SLR norms, RBI tells small finance banks")
RBI back to mopping up foreign exchange through spot route
Forex reserves rise $2.26 bn to $353 billion
 "RBI back to mopping up foreign exchange through spot route")
Capital Local Area Bank eyes IPO in 2017
It has bagged licence for small finance bank
 "Capital Local Area Bank eyes IPO in 2017")
Overhaul of compliance set-up priority for new Bank of Baroda chief
P S Jayakumar is taking over at a time when the bank is embroiled in an 'illegal foreign exchange transfer' case
 "Overhaul of compliance set-up priority for new Bank of Baroda chief")
