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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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State Bank of Hyderabad net down Rs 253 cr

Total income down 5.64% to Rs 3,907 crore on the back of interest reversals towards fresh NPAs

State Bank of Hyderabad net down Rs 253 cr
Updated On : 02 May 2016 | 12:48 AM IST

Newslaundry reveals 'RBI list of top 10 defaulters'

Website claims access to RBI's Rs 5-lakh crore secret list

Newslaundry reveals 'RBI list of top 10 defaulters'
Updated On : 30 Apr 2016 | 5:01 PM IST

RBI seeks to regulate P2P lending space

The platform owners & investors hail the move as regulation gives RBI's stamp of approval to a business that is completely banned in countries like Japan & Israel

RBI seeks to regulate P2P lending space
Updated On : 29 Apr 2016 | 12:48 AM IST

Rajan went by majority view on rate cut in TAC

Four of the five external members of the panel recommended a reduction in the policy repo rate

Rajan went by majority view on rate cut in TAC
Updated On : 29 Apr 2016 | 12:44 AM IST

CDC eyes debt capital investments in small finance banks

UK-based development finance institution to invest $750 million in 3 years

CDC eyes debt capital investments in small finance banks
Updated On : 27 Apr 2016 | 11:50 PM IST

BoB to hire realty advisor to monetise properties

The bank owns more than 268 properties having total value of more than Rs 4,800 crore

BoB to hire realty advisor to monetise properties
Updated On : 27 Apr 2016 | 2:14 AM IST

IDFC Bank earnings decline 32% over the quarter

At present, corporate loans consist 95 per cent of total credit while retail loans are just about 5 per cent

IDFC Bank earnings decline 32% over the quarter
Updated On : 27 Apr 2016 | 12:52 AM IST

SBT Q4 net profit nosedives to Rs 62 cr

Provisions for bad loans shot up to Rs 520 crore from Rs 90 crore

SBT Q4 net profit nosedives to Rs 62 cr
Updated On : 26 Apr 2016 | 6:00 PM IST

Stage set for Mallya's termination from RS

Ethics panel gives a week for his reply after deciding there's enough reason to end his tenure; separately, banks allege non-disclosure of his assets to SC

Stage set for Mallya's termination from RS
Updated On : 26 Apr 2016 | 12:32 AM IST
India Ratings downgrades Uttam Galva to default grade
Updated On : 23 Apr 2016 | 12:55 AM IST

PSBs approach RBI for relaxation in provisioning

Banking regulator has trimmed the list of companies whose loans have to be provided for against risk of failure to pay up in the March quarter

PSBs approach RBI for relaxation in provisioning
Updated On : 22 Apr 2016 | 1:25 AM IST

Jaspal Bindra joins Centrum Capital group as Executive chairman

Centrum Capital is looking to grow SME book to Rs 5,000 cr in five years

Jaspal Bindra joins Centrum Capital group as Executive chairman
Updated On : 22 Apr 2016 | 12:35 AM IST

RBI clears Rs 17,523 cr for wheat procurement

The CCL money is used to pay farmers for the crops government agencies procure from them

RBI clears Rs 17,523 cr for wheat procurement
Updated On : 21 Apr 2016 | 12:38 AM IST

Lenders to step up pressure on Vijay Mallya for a better offer

Recovery proceeding a to stay on course; lenders to make sure that Mallya does not use delaying tactics

Lenders to step up pressure on Vijay Mallya for a better offer
Updated On : 07 Apr 2016 | 2:26 PM IST

Rising FDI helping India narrow external finance needs: Moody's

Rating agency says it will mitigate the risk of widening of current account deficit

Rising FDI helping India narrow external finance needs: Moody's
Updated On : 07 Apr 2016 | 9:49 AM IST

Japanese ratings agency affirms India's sovereign rating

It has affirmed both long-term foreign and domestic currency issuer rating at "BBB+". The outlook of the ratings is stable

Japanese ratings agency affirms India's sovereign rating
Updated On : 05 Apr 2016 | 1:01 AM IST

Kingfisher House auction turns out to be a 'no-show'

Lenders fail to get any bids for the base price of Rs 150 cr

Kingfisher House auction turns out to be a 'no-show'
Updated On : 18 Mar 2016 | 1:06 AM IST

Pak, Iran banks queue up to open branches

Bank executives said bilateral trade was of interest for these banks to have a presence in India

Pak, Iran banks queue up to open branches
Updated On : 17 Mar 2016 | 3:03 AM IST

SBI profitability may stay under pressure for 6-8 quarters: Moody's

ICICI Bank can absorb higher level of credit cost due to better operating profitability

SBI profitability may stay under pressure for 6-8 quarters: Moody's
Updated On : 17 Mar 2016 | 1:03 AM IST

Reliance Jio to raise Rs 5,000 cr via debentures

4G telephony services to be rolled out in first half of FY17

Reliance Jio to raise Rs 5,000 cr via debentures
Updated On : 16 Mar 2016 | 3:31 PM IST