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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).
Project cost may escalate further due to rupee slide
The bank has been strengthening the ATM delivery channel by adding more from time to time
Banks can borrow funds at 10.25% from this window
Action follows inspection of books
The infusion aimed at reducing the debt-to-equity ratio and supporting biz growth
To rope in advisory outfit to chart course
These Indian entities are controlled by Non Resident Indians
All categories of NRI deposits saw net inflows in July
Takru says will block flow of huge number of firms for CDR, conduct detailed review of cases
As of June 2013, lenders have approved CDR packages for 415 cos with aggregate debt of Rs 2,50,279 cr
Moody's downgraded the subordinate debt of 11 Indian banks
After RBI's missive on proxy lending to builders, it's time to reshuffle
With new boss in charge, RBI may unwind some of the liquidity squeeze steps to ease the pressure
Dealers say dollar selling on behalf of clients after Indian currency crossed 68 mark gave push for recovery
Will turn selective in garnering corporate biz to protect asset quality
To turn selective is garnering corporate business with eye on protecting asset quality
Borrowings rise for this reason, as also banks' need for short-term money
Demand improvement in risk and collateral management practices at these bourses
The case is being dealt at the Debt Recovery Tribunal, Hyderabad
Dip in sales revenue and rise in overdue trade receivables caused financial stress