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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Banks raise cautionary bar on gold loan firms, but see no liquidity risks
Seek data on impact of correction in gold prices
 "Banks raise cautionary bar on gold loan firms, but see no liquidity risks")
Moody's cuts standalone rating for IOB, OBC and Syndicate Bank
Falling asset quality; pressure on profitability drive rating action
 "Moody's cuts standalone rating for IOB, OBC and Syndicate Bank")
Corporate revenue growth to slump to 6-7% in Q4: CRISIL
Growth in investment-linked sectors is expected to continue decelerating at a fast pace
 "Corporate revenue growth to slump to 6-7% in Q4: CRISIL")
Govt wants PSBs to consider separate credit limit
Wind power projects face hurdles in getting bank finance
 "Govt wants PSBs to consider separate credit limit")
India Ratings downgrades Hindustan Dorr-Oliver to 'BB'
IVRCL group entity's operating margins turn negative; faces liquidity challenge
Consider separate credit limits for renewable energy projects: Govt to PSBs
Wind, power project face hurdles in getting bank finance
 "Consider separate credit limits for renewable energy projects: Govt to PSBs")
PEs set sight on housing finance companies
Low delinquencies and attractive returns on equity are proving key attractions
 "PEs set sight on housing finance companies")
FM meets PSB chiefs today; defaults and recast debt on agenda
Senior PSB executives said the government was also concerned at the status of various projects, hit by delays. Increasing delays would result in rising hit on lenders, on account of sectoral exposure
 "FM meets PSB chiefs today; defaults and recast debt on agenda")
ICICI suspends 18; Axis removes tainted staff from key roles
Other private lenders warn staff of zero tolerance
 "ICICI suspends 18; Axis removes tainted staff from key roles")
Black money: pvt banks warn staff of zero tolerance
ICICI Bank reiterated it had been; would conduct its business adhering to high standards of compliance to law, regulations
 "Black money: pvt banks warn staff of zero tolerance")
RGPPL may stop debt servicing if Dabhol remains shut for gas
Lenders fear project may turn into a non-performing asset
 "RGPPL may stop debt servicing if Dabhol remains shut for gas")
Bank borrowing zooms to Rs 1,35,000 cr
This may nudge RBI to cut CRR by 25 bps on Mar 19 to release funds, dealers say
 "Bank borrowing zooms to Rs 1,35,000 cr")
Severe action will follow if there are violations: Takru
The online magazine alleges its investigation reveals three private sector banks are involved in money laundering
 "Severe action will follow if there are violations: Takru")
AC cabs, foreign trip offer...
Lenders in year-end rush for deposits
 "AC cabs, foreign trip offer...")
Finance ministry swings into action on money laundering issue
Laundering charges a serious matter, says Banking secretary
 "Finance ministry swings into action on money laundering issue")
Job applications flood State Bank
1.7 mn in the running for 1,500 probationary officers' positions; job profile, security and good pay lure aspirants
 "Job applications flood State Bank")
Banks' borrowing crosses Rs 1-lakh-cr on tight liquidity
Banks will tend to wirhdraw more from RBI's short term LAF to manage fund requirements
 "Banks' borrowing crosses Rs 1-lakh-cr on tight liquidity")
Profitability of L&T Housing Finance may stay low: Icra
Rating for long term loans upgraded to "AA" from "BBB"
 "Profitability of L&T Housing Finance may stay low: Icra")
Moody's downgrades Core Education to B2; outlook negative
Share orice volatility, sale of promoter pledged shares prompted the move
 "Moody's downgrades Core Education to B2; outlook negative")
 "Govt, RBI discuss long-term money for stunted venture fund")