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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).
Roads, logistics are priority sectors
The company facing liquidity stress due to delays in payments for contract work
He will also be on Local Board, Eastern Area of RBI for four years with effect from May 16, 2013
Inks pact with Chinese finance group for developing infra projects
Bank has already brought-down share of high cost funds in total deposits though FY13
Central Bank of India to appeal in SC against HC order restraining campus hiring
Owing to Winsome group default, lenders could seek higher collateral and margins
Lagged effects of lower interest rates, slightly stronger exports and improved equity market performance may help
Bank issues public notice with photograph in Reid & Taylor default case
Public notice uses SKNL chief's photograph in Reid & Taylor default case
A PSB executive said the scale of loan recast was high since three big-ticket cases, including one in thermal power generation, of CPL, were referred to the cell
Trading volumes in bonds to get boost
Lenders, led by SBI, have begun recovery proceedings, said a senior bank official
Falling oil, gold prices offer temporary respite; policy efforts must to slash CAD to sustainable level
Company primarily looking at raising funds to retire some of its high cost rupee debts
Recovery to remain a gradual process
ECGS puts curbs on additional risk cover for banks
To meet Indian firms' demand for forex resources
Finance Minister P Chidambaram says rich promoters of sick companies won't be tolerated. But state-owned banks are also to be blamed for the rot of defaults
Despite much prodding, the government has met with limited success in changing their approach in giving loans