Abhijit Lele
 "Abhijit Lele")
Abhijit Lele
Abhijit Madhav Lele covers banking financial services at Business Standard. Earlier, he has worked with the Press Trust of India, covering banking, finance, and capital markets in Delhi and Mumbai (1997-2006). He also had a stint in the editorial team of India Economic Update, a Dalal Street Journal group publication (1995-1997). He has also worked as a lecturer (psychology) with Sathaye College, Bombay University (1992-95).
Abhijit Madhav Lele covers banking financial services at Business Standard. Earlier, he has worked with the Press Trust of India, covering banking, finance, and capital markets in Delhi and Mumbai (1997-2006). He also had a stint in the editorial team of India Economic Update, a Dalal Street Journal group publication (1995-1997). He has also worked as a lecturer (psychology) with Sathaye College, Bombay University (1992-95).
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India Inc's foreign borrowings decline 20.2% in 2024 as rupee slips
The decline last calendar year followed a major uptick in 2023 when foreign loans had more than doubled from $14.38 billion in 2022 - the sharpest spike in over a decade
 "India Inc's foreign borrowings decline 20.2% in 2024 as rupee slips")
Tata Capital raises $400 million through maiden international bond
Tightens pricing by 33 bps over initial guidance
 "Tata Capital raises $400 million through maiden international bond")
Small Finance Banks' bottom-line to take hit on rising fund, credit costs
Manushree Saggar, Sector Head - Financial Sector Ratings, ICRA said the profitability for the SFBs to remain under pressure in H2 FY2025
 "Small Finance Banks' bottom-line to take hit on rising fund, credit costs")
India Inc's leverage to improve in FY26-27 despite high capex: Fitch
The downside risks could materialise if energy prices rise significantly, given ongoing geopolitical risks, cautioned the rating agency
 "India Inc's leverage to improve in FY26-27 despite high capex: Fitch")
SBI chief C S Setty calls for common mechanism to track SME fund usage
In recent years, fintech and banks have started to dig for credit information from publicly available data and use analytics to create a credit profile
 "SBI chief C S Setty calls for common mechanism to track SME fund usage")
Broad-based corporate capex recovery unlikely in FY26: India Ratings
Amid multiple headwinds and weak macroeconomic and microeconomic conditions, a sustained easing of banking system liquidity is necessary, the agency added
 "Broad-based corporate capex recovery unlikely in FY26: India Ratings")
Results preview: Banks' net profit growth likely moderated in Q3FY25
Margin pressures, sluggish loan offtake may weigh on performance
 "Results preview: Banks' net profit growth likely moderated in Q3FY25")
CM Sarma pushes banks to shed funding unease over projects in Assam
Assam asks MFIs to identify borrowers to get balance payments
 "CM Sarma pushes banks to shed funding unease over projects in Assam")
High interest rates, fiscal consolidation slowing GDP growth: CRISIL
Some technical factors, such as net product taxes and the GDP deflator, have also disrupted GDP's trajectory
 "High interest rates, fiscal consolidation slowing GDP growth: CRISIL")
Microfinance growth to nosedive to 4% in FY25, says CareEdge Ratings
Lenders slam brakes on disbursals amid rising stress
 "Microfinance growth to nosedive to 4% in FY25, says CareEdge Ratings")
Lenders likely to securitise loans over Rs 60,000 crore in Q3FY25
Secured loans are prime assets; investors selective about segments with quality pressures
 "Lenders likely to securitise loans over Rs 60,000 crore in Q3FY25")
India's outward FDI halves to $2.28 billion in November, shows RBI data
Guarantees for overseas units nosedived to $568.9 million in November 2024, compared with $2.78 billion a year ago and $1.35 billion in October 2024, RBI data showed
 "India's outward FDI halves to $2.28 billion in November, shows RBI data")
Banks compliant with Trai's new regulations on message traceability
According to senior public sector bank executives, all the mobile phone numbers are white-labelled for call centres, and compliances are in place as far as large commercial banks are concerned
 "Banks compliant with Trai's new regulations on message traceability")
Asset quality pressures intensifying in India, emerging markets: Fitch
Lower interest rates, robust economic conditions to bolster near-term asset quality
 "Asset quality pressures intensifying in India, emerging markets: Fitch")
Fuelling growth, taming inflation to top Sanjay Malhotra's agenda at RBI
The pace of the country's economic growth moderated sharply in the second quarter ended September 2024
 "Fuelling growth, taming inflation to top Sanjay Malhotra's agenda at RBI")
Microfinance loan book shrinks by 3.7% sequentially to Rs 4.08 trn in Sep
However, the GLP grew by 8.5 per cent year-on-year (Y-o-Y) to Rs 4.08 trillion in September 2024, up from Rs 3.76 trillion in September 2023
 "Microfinance loan book shrinks by 3.7% sequentially to Rs 4.08 trn in Sep")
RBI policy: CRR cut to improve lenders' margins, may lift credit growth
Deposit rates may start easing
 "RBI policy: CRR cut to improve lenders' margins, may lift credit growth")
RBI policy: Hike in FCNR(B) deposit rate may have limited impact on flows
An FCNR (B) account lets customers maintain a fixed deposit in India in freely convertible foreign currencies for a tenure ranging from one to five years
 "RBI policy: Hike in FCNR(B) deposit rate may have limited impact on flows")
Indian households expect inflation to rise further, says RBI survey
Consumer confidence dips marginally
 "Indian households expect inflation to rise further, says RBI survey")
Moody's upgrades Oyo's rating to B2, highlights improved profitability
Proposed term loan to reduce refinancing risk
 "Moody's upgrades Oyo's rating to B2, highlights improved profitability")