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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Indo-Mauritius tax treaty amendments credit negative for Mauritius: Moody's
Amended treaty removes a longstanding advantage that allowed investors to avoid paying capital gain taxes in India
 "Indo-Mauritius tax treaty amendments credit negative for Mauritius: Moody's")
Increasing corporate wallet share is important: P S Jayakumar
Interview with managing director & chief executive officer, Bank of Baroda
 "Increasing corporate wallet share is important: P S Jayakumar")
 "Six PSBs' bottom line hit as bad loans mount")
RBI's proposed norms likely to squeeze credit for high debt firms
Proposed framework to progressively reduce the total exposure of banks to heavily indebted companies likely come into effect from financial year 2017-18
 "RBI's proposed norms likely to squeeze credit for high debt firms")
Lender's to Alok Industries hunt O&M agency
Step aimed to protect value
 "Lender's to Alok Industries hunt O&M agency")
Mallya deportation plea refusal may hit dues
UK has told India it cannot deport Mallya, but could consider an extradition request
 "Mallya deportation plea refusal may hit dues")
Mauritius tax treaty impact: PEs look for clarity on preference share implication
Fund-raising could become tough after capital gains tax kicks in from April 2017
 "Mauritius tax treaty impact: PEs look for clarity on preference share implication")
Anshu Jain's NBFC may apply for bank licence
Jain's role in the new company will be as an investor and a mentor, while the entire operation will be headed by his ex-colleague Bhupinder Singh
 "Anshu Jain's NBFC may apply for bank licence")
India's bad loan problem overblown, says Kamath
New Development Bank president K V Kamath says the processes of economic growth and asset resolution will take care of the bad loans challenge
 "India's bad loan problem overblown, says Kamath")
L&T Finance aims to offload PE portfolio
The company will also consolidate its retail financing business under one corporate body
 "L&T Finance aims to offload PE portfolio")
Reliance ARC mulls a fund for big-ticket NPAs
Plans to start stressed asset fund in collaboration with international investors
 "Reliance ARC mulls a fund for big-ticket NPAs")
Reliance Capital Q4 net up 2% at Rs 415 cr
Firm to bring strategic partner for general insurance unit
MCLR being used by banks to woo corporates
Bankers say they are able to play on risk premium and offer differential pricing to customers under MCLR
 "MCLR being used by banks to woo corporates")
Banks look at Winsome's customers to recover dues
Exploring legal steps to bring back promoter to India from Dubai
 "Banks look at Winsome's customers to recover dues")
SBI Life Insurance IPO only after 2016-17
The valuation would be based on the performance in 2015-16
 "SBI Life Insurance IPO only after 2016-17")
Wilful defaulters owe Rs 66,000 cr to govt banks
Rs 1.73 lakh cr of public sector bank money stuck in top 100 non-performing accounts as of Dec 2015
 "Wilful defaulters owe Rs 66,000 cr to govt banks")
SFBs to be major suppliers of PSL certificates by FY20
SFBs need to maintain 75% of adjusted net bank credit as their PSL target
 "SFBs to be major suppliers of PSL certificates by FY20")
L&T Finance Holdings Q4 net up 15% at Rs 237 crore
Growth has been led by healthy disbursements in areas like operational projects in renewable energy, roads and retail products
 "L&T Finance Holdings Q4 net up 15% at Rs 237 crore")
CRISIL downgrades AP Power Transmission Corp's bonds to default
Bonds carry guarantees from state government
 "CRISIL downgrades AP Power Transmission Corp's bonds to default")
HDFC Q4 net up 40% at Rs 2,607 crore
Its total assets grew by 14% to Rs 2, 88,753 crore in FY16 from Rs 2, 53,952 crore in FY15
 "HDFC Q4 net up 40% at Rs 2,607 crore")