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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Newsmaker: Roopa Kudva
Another well-thought out move
 "Newsmaker: Roopa Kudva")
Jan Dhan Yojana: Performance-linked incentives for bank staff on the cards
The parameters would be the number of accounts opened, the number of households covered, the camps conducted and house-to-house surveys done
 "Jan Dhan Yojana: Performance-linked incentives for bank staff on the cards")
Banks seek repo facility on Saturdays
Daily CRR maintenance posing challenge for liquidity management
 "Banks seek repo facility on Saturdays")
 "SBI to raise global biz share to 25% in 3 yrs")
PNB to raise Rs 1,500 cr via Basel-III bonds
For the bank, cost of capital raised through Basel III instruments is expected to be lower
 "PNB to raise Rs 1,500 cr via Basel-III bonds")
I have enough liquidity to look after my growth needs: Arundhati Bhattacharya
Interview with SBI Chairman
 "I have enough liquidity to look after my growth needs: Arundhati Bhattacharya")
 "RBI begins review of Jan Dhan rollout")
'Allahabad Bank should opt for long-term infra bonds'
Allahabad Bank might need to rely on volatile high-cost bulk deposits and certificates of deposit for refinancing
 "'Allahabad Bank should opt for long-term infra bonds'")
SC judgment raises bankers' worries
The apex court will start hearing from 1 Sept to decide the fate of 218 coal blocks allotted
 "SC judgment raises bankers' worries")
Universal financial access faces multiple challenges
While the banks are integrating their systems to ensure that one person does not open multiple accounts, claims processing could be a concern
 "Universal financial access faces multiple challenges")
Banks seek stricter norms for reporting on wilful defaulters
Aimed at preventing defaulters from taking fresh loans from other lenders
 "Banks seek stricter norms for reporting on wilful defaulters")
Banks cut big-ticket home loan rate
SBI, ICICI Bank and PNB reduce interest rate for loans above Rs 75 lakh
 "Banks cut big-ticket home loan rate")
Reliance Retail tweaks funding strategy
To raise Rs 5,000 cr through bank loans, commercial papers
 "Reliance Retail tweaks funding strategy")
RBI tightens norms for lending against shares
NBFCs have to maintain a loan-to-value ratio of 50%
 "RBI tightens norms for lending against shares")
FD scam: Dena, OBC stocks fall
Besides the CBI probe, govt as the owner of both banks has ordered a forensic audit
 "FD scam: Dena, OBC stocks fall")
 "JM Financial ARC gets ready for Rs 1,000-crore equity infusion")
Place female employees near their family, Finance Ministry tells PSBs
Policy can't be implemented in isolation, say bankers
 "Place female employees near their family, Finance Ministry tells PSBs")
Redesigning financial inclusion: Feedback from earlier glitches key
ATM-enabled RuPay cards, which will come with newly opened accounts, will have an accident insurance benefit up to Rs 1 lakh
 "Redesigning financial inclusion: Feedback from earlier glitches key")
CARE downgrades Prakash Industries' issuer rating
The company had raised $77.1 mn through FCCBs in two tranches - $17.1 mn in FY10 and $60 mn in FY11
 "CARE downgrades Prakash Industries' issuer rating")