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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).
NHB will work with RBI to address issues like loan retention and capital requirement, National Housing Bank MD and CEO Sriram Kalyanraman says
Annual financial inspection underway
Worth Rs 133 crore, these bonds were issued in 2010
Also seek higher commission payment
Sovereign credit profile can improve over the medium term if policies are effectively implemented, says Moody's
Pitch for home loans below base rate; first time went aggressive on lending below prime rate lending was in late 2008
Bank has tweaked its earlier digital branch opening strategy
Group's financial arm expects to complete the process this financial year
Inteview with New MD & CEO, Bank of India
Interview with New MD & CEO, IDBI Bank
Indian currency has fallen 1.9% in past three trading sessions
While income profile improves, asset quality stays weak
Chairman Arundhati Bhattacharya says bank benefiting from economic recovery
The govt has agreed to infuse Rs 70,000 crore over four years, but that may not be enough
Could lower GDP growth, push inflation and add to fiscal pressures, says the rating agency
Tepid loan growth, provision for NPAs, bond portfolio make dent
The ministry had said that PSBs as of now are adequately capitalised, but would need Rs 1.8 lakh crore extra capital over the next four years
Loan recasts and refinancing mask stress in asset quality
The rating agency says Rs 70,000 cr is a relatively small amount and that more needs to be raised from equity markets
Margin pressure blocks immediate base rate cut