)
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).
Total income down 5.64% to Rs 3,907 crore on the back of interest reversals towards fresh NPAs
Website claims access to RBI's Rs 5-lakh crore secret list
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
Four of the five external members of the panel recommended a reduction in the policy repo rate
UK-based development finance institution to invest $750 million in 3 years
The bank owns more than 268 properties having total value of more than Rs 4,800 crore
At present, corporate loans consist 95 per cent of total credit while retail loans are just about 5 per cent
Provisions for bad loans shot up to Rs 520 crore from Rs 90 crore
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
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
Centrum Capital is looking to grow SME book to Rs 5,000 cr in five years
The CCL money is used to pay farmers for the crops government agencies procure from them
Recovery proceeding a to stay on course; lenders to make sure that Mallya does not use delaying tactics
Rating agency says it will mitigate the risk of widening of current account deficit
It has affirmed both long-term foreign and domestic currency issuer rating at "BBB+". The outlook of the ratings is stable
Lenders fail to get any bids for the base price of Rs 150 cr
Bank executives said bilateral trade was of interest for these banks to have a presence in India
ICICI Bank can absorb higher level of credit cost due to better operating profitability
4G telephony services to be rolled out in first half of FY17