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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More banks hawk loans gone sour
Oriental, Dena Bank put stressed assets worth Rs 1,200 cr on block, as part of a rising trend; expected to gain momentum in the coming year
 "More banks hawk loans gone sour")
Bond yield soften on RBI's surprise status-quo stance on policy rates
The yield on 10-year benchmark (8.83% bond maturing in 2013) dipped sharply at 8.78% today from 8.91% on Tuesday
 "Bond yield soften on RBI's surprise status-quo stance on policy rates")
RBI moots stringent norms to tackle stressed loans
Banks to flag loans overdue for 30 days as stressed; sale of NPAs to get a boost
 "RBI moots stringent norms to tackle stressed loans")
Loans with early stress to be treated as "Special Mention Accounts"
Incentives for early action, higher provisions for delays in resolution
Lenders clear debt recast package for Educomp arm
Packages still in works for parent company and Core Projects
 "Lenders clear debt recast package for Educomp arm")
New worries for banks
RBI is concerned over delays in addressing chargeback issues
Congress debacle in state elections to raise pressure on fiscal: Fitch
Congress' strong commitment to fiscal consolidation may be tested
 "Congress debacle in state elections to raise pressure on fiscal: Fitch")
Zoom's greed leaves lenders high and dry
The 2008 financial crash hit the developer hard as it took on more projects than it could handle
 "Zoom's greed leaves lenders high and dry")
SBI's internal panel probing on bribery charges clears Shyamal Acharya
DMD to continue to stay on leave
 "SBI's internal panel probing on bribery charges clears Shyamal Acharya")
Offshore rupee bonds: IFC to put gains in NCDs
Next tranches will have long duration bonds
For women's bank, it's save more, borrow more
The bank has been garnering interest from women far and wide, but it needs to mobilise savings from customers to be able to take off
 "For women's bank, it's save more, borrow more")
Export development Canada to float NBFC in India
Plans financing green-field projects
RBI may allow FDI upto 74 % in Credit Information Companies
Prescribes certain norms to consider Higher FDI
CBI court extends custody of former SBI executive till Nov 30
Sate Bank expected to submit internal probe by weekend
 "CBI court extends custody of former SBI executive till Nov 30")
Hinduja Leyland Finance's non-performing loans may stay elevated: India Ratings
But says company has adequate operating profits and capital buffers to manage business
National Australia Bank plans to expand Indian operations
To enter remittance segment to tap NRIs in Australia, New Zeland
NPA crisis shows signs of deepening: RBI
Spurt in doubtful loans a matter of concern
Bharatiya Mahila Bank starts with 7 branches
Doubts remain over objective in achieving women empowerment
 "Bharatiya Mahila Bank starts with 7 branches")
Bond yields spike temporary; will ease on RBI action: FM
Bond yields have risen since RBI raised interest rates for a second consecutive month on Oct 29
 "Bond yields spike temporary; will ease on RBI action: FM")
Emphasis on funding for women's skills development: Usha Ananthasubramanian
Interview with CMD, Bharatiya Mahila Bank
 "Emphasis on funding for women's skills development: Usha Ananthasubramanian")