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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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N S Vishwanathan is new deputy governor at RBI

He will succeed H R Khan on July 3

N S Vishwanathan is new deputy governor at RBI
Updated On : 08 Jul 2016 | 2:11 PM IST

ICRA downgrades outlook on Syndicate Bank's tier II bonds

However, the ratings agency affirmed the rating "AA+" for Basel -III compliant tier II bonds

ICRA downgrades outlook on Syndicate Bank's tier II bonds
Updated On : 29 Jun 2016 | 5:17 PM IST

Silver lining to AQR exercise: Bank valuation to get boost

AQR has resulted in unprecedented pressure on the profitability of some banks in the short term

Silver lining to AQR exercise: Bank valuation to get boost
Updated On : 29 Jun 2016 | 2:01 AM IST

Public sector banks' consolidation presents more risks than benefits: Moody's

Barring significant government support to boost the banks' capitalization, the risks arising from the potential consolidation currently outweigh the potential longer-term benefits, Moody's said

Public sector banks' consolidation presents more risks than benefits: Moody's
Updated On : 28 Jun 2016 | 9:04 AM IST

Oriental Bank of Commerce to raise Rs 1,000 cr via tier-II bonds

Icra cuts rating for UCO Bank's tier-II bonds

Oriental Bank of Commerce to raise Rs 1,000 cr via tier-II bonds
Updated On : 28 Jun 2016 | 1:22 AM IST

Action picks up in insurance sector

Foreign investment; mergers and acquisitions (M&As), and the listing of companies likely to drive growth in sector, say experts

Action picks up in insurance sector
Updated On : 27 Jun 2016 | 12:59 PM IST

Top-level talent crunch hits IDBI Bank

One Dy MD, three EDs to exit in 40 days; Another post of Dy MD vacant since Oct 2015, after M Rego moved to Bank of India as MD & CEO

Top-level talent crunch hits IDBI Bank
Updated On : 25 Jun 2016 | 8:49 PM IST

Rupee might escape currency bloodbath with minor injuries

Well-timed communication by the central bank also helped the rupee correct its course

Rupee might escape currency bloodbath with minor injuries
Updated On : 25 Jun 2016 | 1:20 AM IST

Brexit aftermath: Rupee may escape currency bloodbath with minor injuries

Says hedging of forex exposures has gone up; central bank to provide liquidity if there is volatility in currency markets

Brexit aftermath: Rupee may escape currency bloodbath with minor injuries
Updated On : 25 Jun 2016 | 1:07 AM IST

RBI debt lifeline to promoters & banks

New SDR norms allow promoters to manage debt-laden firms

RBI debt lifeline to promoters & banks
Updated On : 14 Jun 2016 | 10:40 AM IST

Sharper loan tracking heat on defaulters

Bankers mull integrating corporate debt restructuring, JLF

Sharper loan tracking heat on defaulters
Updated On : 14 Jun 2016 | 2:11 AM IST

Videocon revives plan for oil, gas asset sales

The conglomerate has 18 overseas oil and gas assets in Brazil, Indonesia and East Timor

Videocon revives plan for oil, gas asset sales
Updated On : 11 Jun 2016 | 2:07 AM IST

Banks to rely on forensic audit for stressed projects

Bankers say SDR has failed in its intended results and as such a new restructuring exercising is the need of the hour

Banks to rely on forensic audit for stressed projects
Updated On : 11 Jun 2016 | 1:13 AM IST

Education companies still face pressure from lenders

Stock prices of two key players, Educomp and Core Eduction, have plummeted to below Rs 15 a share the past five years

Education companies still face pressure from lenders
Updated On : 11 Jun 2016 | 1:05 AM IST
MCLR: Banks flag hurdles for review
Updated On : 09 Jun 2016 | 12:54 AM IST

Inflation risks force RBI to keep rates on hold

Rajan warns of potential dollar shortage in Sept but prepared to provide liquidity

Inflation risks force RBI to keep rates on hold
Updated On : 08 Jun 2016 | 8:22 AM IST
Regulator has enough firepower to manage FCNR (B) deposit outflows, says Rajan
Updated On : 08 Jun 2016 | 1:20 AM IST
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Updated On : 08 Jun 2016 | 12:52 AM IST

Toyota invests Rs 870 cr in India auto financing arm

TFSIN, which began operations in June 2012, planning to raise Rs 400 cr through debentures to fund India operations

Toyota invests Rs 870 cr in India auto financing arm
Updated On : 04 Jun 2016 | 1:22 PM IST

Govt unhappy with PSBs' recovery record

Wants them to reach 70 per cent benchmark for provisions

Govt unhappy with PSBs' recovery record
Updated On : 04 Jun 2016 | 1:53 AM IST