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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Public sector banks delay plans to raise capital
RBI data show during Jan-March quarter bank credit of PSBs grew by a mere 1.4%
 "Public sector banks delay plans to raise capital")
Loan pain to choke PSBs' dividend payout
Banks face the twin challenges of lower earnings due to muted credit growth and swelling of NPA provisions in FY16
 "Loan pain to choke PSBs' dividend payout")
Govt planning multiple funds to park stressed assets
Sinha says banking sector 'absolutely rock solid'
 "Govt planning multiple funds to park stressed assets")
Syndicate, BOI, IOB downgraded by S&P
S&P reduced the long-term issuer rating for Manipal-based Syndicate Bank to "BB+" from "BBB-"
 "Syndicate, BOI, IOB downgraded by S&P")
Street cheers for SBI despite dip in Q4 net
SBI chief Arundhati Bhattacharya doesn't see any extraordinary pressure on NIM
 "Street cheers for SBI despite dip in Q4 net")
Gross NPAs of listed banks swell to Rs 5.8 lakh crore
Pain in corporate loans recognised; agriculture could be next
 "Gross NPAs of listed banks swell to Rs 5.8 lakh crore")
 "Restructure debt in 90 days: RBI")
 "Bankruptcy Code of limited use for current asset woes: Moody's")
We will not get into something that we do not understand: Melwyn Rego
Interview with MD & CEO, Bank of India
 "We will not get into something that we do not understand: Melwyn Rego")
PNB identifies 53 corporate accounts for sale to ARCs
To shun exposure to steel, textile till these turn around
 "PNB identifies 53 corporate accounts for sale to ARCs")
Public sector banks open up to multiple insurers
IRDAI has opened up corporate agency channel wherein banks can tie-up with up to three life, three non-life and three standalone health insurers
 "Public sector banks open up to multiple insurers")
Commerce ministry, RBI to review regulatory norms for Exim Bank
At present, the banking regulator treats Exim Bank on a par with commercial banks for applying prudential norms
 "Commerce ministry, RBI to review regulatory norms for Exim Bank")
Securitisation volumes up 45% in FY16: ICRA
Three years' declining trend reversed
IDBI Bank posts Rs 1,736-crore loss for March quarter
NPA provisions balloon to Rs 4,275 cr
 "IDBI Bank posts Rs 1,736-crore loss for March quarter")
More pain for PNB with loan slippage risks
Lender could raise Rs 6K cr via Basel-III bonds
 "More pain for PNB with loan slippage risks")
Bad loans push PNB into record loss
Rs 5,367-crore quarterly loss highest by an Indian bank; loans of over Rs 30,000 crore put on watchlist; stock up 3 per cent
Govt chooses SBI to kick off bank merger
Five associates, Mahila Bank to push up assets to Rs 37 lakh crore, merger may be completed in FY17; unions call strike on May 20
 "Govt chooses SBI to kick off bank merger")
 "EC allows SBI to take back currency vans to Coimbatore")
Banks Board Bureau shortlists candidates for PSB chiefs
The candidates turned up for the day-long selection process at RBI's office in South Mumbai
 "Banks Board Bureau shortlists candidates for PSB chiefs")
Dena Bank's stressed loan watch list at Rs 12,000 cr
The bank decides to go slow on branch expansion
 "Dena Bank's stressed loan watch list at Rs 12,000 cr")