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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).
Balance of payments slips into negative
Grounded airline?s account to turn non-performing asset
However, rating agencies say shift to upgrades would be gradual
Expect higher foreign fund flows, faster case resolution
'I do not think large industrial houses should be allowed to run banks'
Interview with Director, J P Morgan Emerging Markets Investment Trust, and former advisor to World Bank
Business underperformance hits the credit profile
To tap overseas investors, family offices for further equity infusion
Provisions for Kingfisher, Deccan weigh on performance
The maximum of amount of additional capital should come from the profits in next five years
Company's net debt of Rs 13,000 crore to be restructured
Median fiscal balance for region likely to improve to -2.6% of GDP from 2.8% in 2012
Restructures loans worth over Rs 2,700 crore in Q3
ECB funds could be also be used for providing loans up to Rs 25 lakh
Leveraged balance sheets expose banks to sudden shocks
RBI has allowed companies to raise up to $1 bn but hedging of costs could make this unattractive for borrowers
CSCs are being set up under government¿¿¿s plans to bridge digital divide between Rural and urban areas
Says banks in India may be underestimating the capital requirement for operational risks like loss from frauds