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).
Page 148 - Abhijit Lele/workspace/business Standard Web/video
Fitch downgrades outlook on Lodha Developers to negative
Warns of rating downgrades if company fails to improve performance
 "Fitch downgrades outlook on Lodha Developers to negative")
State-run banks put Rs 14,000-cr bad loans on the block
Punjab National Bank has largest share with over Rs 5,000 cr in bad loans being offered for sale
 "State-run banks put Rs 14,000-cr bad loans on the block")
Agri NPAs might add to banks' asset quality woes
The credit offtake remains tepid. Loans grew by 10.2% year-on-year till May 15, against 13.2% in the year-ago period, according to RBI data
 "Agri NPAs might add to banks' asset quality woes")
Aditya Birla Finance to raise Rs 3k cr via debentures
Company's loan book grew by 50% in the year-ended March to Rs 17,588 cr from Rs 11,735 cr on March 2014
Tata Steel's FY15 results below expectation, no rating impact: Moody's
But no impact on rating
 "Tata Steel's FY15 results below expectation, no rating impact: Moody's")
High credit costs, low interest income hit PSBs' bottomline
Moreover, the scale of slippages (like restructured loans becoming bad assets) was higher in many public sector banks
 "High credit costs, low interest income hit PSBs' bottomline")
DHFL's education loan unit to go for brand, biz revamp
AFSL is strategically important to DHFL and its promoters, as they have identified education finance as a long-term, high growth potential segment
Vedanta needs to improve balance sheet to maintain rating: Moody's
Company's operating results in line with Moody's estimates
 "Vedanta needs to improve balance sheet to maintain rating: Moody's")
State-run banks line up QIPs to boost capital
Govt allowed 23 PSU banks to raise capital through either QIP, FPO or rights issue to meet their additional capital requirement
A good start but some more positives needed: Phillip L Lotter
Interview with Managing Director, Moody's
 "A good start but some more positives needed: Phillip L Lotter")
IIFCL Infra Debt Fund to float green sector scheme
Targets Rs 1,000-cr corpus; placement period likely to open by end of first quarter of FY16
 "IIFCL Infra Debt Fund to float green sector scheme")
Now, NTPC eyes masala bonds
Masala bonds are rupee-denominated bonds issued in capital markets abroad
 "Now, NTPC eyes masala bonds")
Doha Bank plans $250 mn capital infusion in Indian operations
Bank intends to grow India linked businesses by $5 bn
 "Doha Bank plans $250 mn capital infusion in Indian operations")
Bankers seek cess-like structure for agriculture insurance
Less than 20% of Indian farmers are insured, vast majority is exposed to vagaries of weather, forcing them to taking extreme steps
 "Bankers seek cess-like structure for agriculture insurance")
Rate cut to dent BoI's margin by 2-3 basis points
Bank sheds high-cost deposits worth Rs 25,000 cr in Q4 to reduce cost of funds
 "Rate cut to dent BoI's margin by 2-3 basis points")
Vedanta's $3.1 bn impairment charge in Cairn India credit negative: Moody's
Says company will find it difficult to service acquisition debt with lower cash flow
 "Vedanta's $3.1 bn impairment charge in Cairn India credit negative: Moody's")
Banks cap upper limit for withdrawals at micro ATMs
Waive switching fees till December 2015
 "Banks cap upper limit for withdrawals at micro ATMs")
Too early to say deficit monsoon to hit rural lending
A clear picture is likely to emerge only towards the end of June
 "Too early to say deficit monsoon to hit rural lending")
Bankers worried on rise in farm NPAs on deferment
Apprehend pressure will build to waive off loans later
 "Bankers worried on rise in farm NPAs on deferment")