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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).
Proposed term loan to reduce refinancing risk
Current regulatory norms permit only credit and debit transactions to render an account operational.
To improve governance, customer services says experts
To conduct brand recall survey for image enhancement, explores idea to appoint brand ambassador
Asset quality concerns, slowing of bank funding to temper pace
Country's largest lender ups the ante for resources with two new schemes set to launch this month
Ratings of 24 group firms under 'continuous surveillance', says agency about conglomerate facing legal charges in the US
He says SBI is comfortable with liquidity with overall credit deposit ratio at a modest 68 per cent and the aim is to maintain incremental CD ratio at 100 per cent
Manageable asset quality pressure points
Sets three-year horizon for achieving net profit of Rs 1 trn per annum
AGPL is the holding company of Azure RG3
The rating action by Moody's, Fitch, and earlier S&P Global may weaken the group's access to external funding and increase its capital costs
The US credit rating agency places three Adani entities under Rating Watch Negative status
In rupee terms, SBI's gross advances in its international book grew by 11.56 per cent year-on-year (Y-o-Y) to Rs 5.88 trillion
Reduces MFIs per borrower to three from four
May escalate matter for board-level discussion
S&P Global Ratings in a statement said US indictment of three board representatives of Adani Group entity could affect investor confidence in other group entities
Analysis of the end-use of registrations showed that ECBs for import or local sourcing of capital goods were pegged at $1.3 billion in H1FY25, sharply down from $9.4 billion in H1FY24
Adani Group chairman Gautam Adani has been charged in the United States in an alleged bribery and fraud scheme amounting to $265 million
With rising global investments in artificial intelligence start-ups, India is well-positioned to leverage its rapidly growing AI ecosystem to attract further investments and stimulate innovation