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 164 - Abhijit Lele/workspace/business Standard Web/video
Banks, housing finance firms rush for refinance
Combined demand touches Rs 5,000 cr in 45 days
 "Banks, housing finance firms rush for refinance")
Now, private power firms may shock banks
Rs 50,000-cr loans for 15,000-Mw projects could be heading for restructuring
 "Now, private power firms may shock banks")
Indian banking system resilient to absorb hard knocks: India Ratings
Indian banking system is better placed when compared with other countries
Ratnagiri Gas and Power loses investment grade rating for term loans
CARE downgrades company from "BBB-" to "BB+"
 "Ratnagiri Gas and Power loses investment grade rating for term loans")
NRI deposit flows decline in Q1 despite rupee slide
Money flow into NRI deposits in Apr-Jun was %5.5 bn, down from $6.5 bn in Q1 last year
 "NRI deposit flows decline in Q1 despite rupee slide")
SBI poaches big-ticket corporate loans
In an aggressive move, the lender grabs Nuclear Power Corp and Gujarat Power Corp loan accounts
 "SBI poaches big-ticket corporate loans")
Banks gear up to offer cheap retail loans during festive season
By offering special schemes and loans at base rate, banks hope to see high growth
 "Banks gear up to offer cheap retail loans during festive season")
SBI fills senior positions with succession plan in mind
Appoints seven new deputy managing directors
As liquidity tightens, corporate investors seek safety of banks
With returns from liquid funds turning negative, firms look at short-term bank fixed deposits
 "As liquidity tightens, corporate investors seek safety of banks")
MCX sees bank guarantee withdrawal by brokers
Bank guarantees given by brokers to exchange to trade on platform
 "MCX sees bank guarantee withdrawal by brokers")
Credit grows in July second half despite tight liquidity conditions
Loan book of banking system had shrunk by Rs 16,620 crore in previous fortnight (July 12, 2013)
Standard Chartered Bank India unit H1operating profit up 45%
Flags risks of slowdown in credit growth during second half; turns cautious on growing credit card business
 "Standard Chartered Bank India unit H1operating profit up 45%")
Corporate investors seek safety of banks
With returns from liquid funds turning negative a couple of weeks back, many companies are looking at short-term bank fixed deposits
 "Corporate investors seek safety of banks")
Deutsche Bank India unit hikes deposit rates by upto 150 points
The hike in medium term deposits (between 1and 3 years) was moderate, 25-50 basis points
 "Deutsche Bank India unit hikes deposit rates by upto 150 points")
IHFL treats HDIL's Rakesh, Sarang Wadhawan as defaulters
Classifies account as non-performing asset
 "IHFL treats HDIL's Rakesh, Sarang Wadhawan as defaulters")
FIIs need mandate for PN holders to head currency risk
RBI had received queries about the applicability of clarifications issued on June 16 to PN\ODI holders
 "FIIs need mandate for PN holders to head currency risk")
Bank of India puts up NPAs with outstanding Rs 1,500 cr for sale
Some of borrowers whose NPAs being sold include Pyramid Saimira, Koutons Retails, and XL Energy
 "Bank of India puts up NPAs with outstanding Rs 1,500 cr for sale")
'Biz sentiment remains weak'
Business Expectations Index stood at its lowest in three financial years
 "'Biz sentiment remains weak'")
Rupee stability a top priority
RBI may keep repo rate; CRR unchanged
IDFC Q1 net up 47% to Rs 557 cr
Disbursements shrink in Q1 FY14
 "IDFC Q1 net up 47% to Rs 557 cr")