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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India becoming important players on global map: Bernanke
He termed his discussions with the Reserve Bank Governor and others as 'very worthwhile'
Exim Bank extends $5 mn line of credit to Cuba
First such facility to the Caribbean nation, will be used to set up milk powder processing plant
Corporation Bank begins probe into overdraft to Robert Vadra's firm
According to bankers, an overdraft facility is typically unsecured in nature but is seldom offered to companies that do not have any existing credit line with the bank
Q2 review: FM to meet govt bank chiefs on Nov 15
Also on agenda is rising credit flow to MSMEs & farm sector
Charge waiver swells IDBI's Casa deposits
Casa deposits now are Rs 39,507 cr of the total deposits of Rs 180,087 cr
SBI: Singed by the economic downturn
Facing challenges: non-performing assets rise, agri loan payments hit by bad monsoon
SBBJ cuts loan growth target to 17% for FY13
Dull corporate credit demand behind revision
Dena Bank Q2 net up 23.8% at Rs 239 crore
Total income for the reporting quarter rose to Rs 2,327.84 crore from Rs 1,747.19 crore in July-September 2011
Bank unions set the ball rolling for wage talks
Seek rise in wages and dearness allowance, better provisions for health, housing
ICRA downgrades Madhucon's hospitality arm to 'D'
ICRA said rating action takes into account delays in servicing loans by the guarantor Madhucon Projects
Irda approves transfer of shares to PNB in MetLife-PNB deal
The regulatory authority has directed MetLife to desist from allotting any further shares to IGE India Limited
Lenders to release money for KFA salary payment
Move follows income tax department's decision to lift freeze on some bank accounts
Corporation Bank begins probe into overdraft to Robert Vadra's firm
According to bankers, an overdraft facility is typically unsecured in nature but is seldom offered to companies that do not have any existing credit line with the bank
Corporation Bank probes into overdraft to Vadra's firm
The branch had given an overdraft of Rs 7.94 crore to Sky Light, which at that time had a paid-up capital of Rs 1 lakh only
Deutsche Bank India cuts deposit rates by 10-125 bps
The steep cut of 125 basis points is in the maturity bucket of more than 2-3 years
Suzlon headed for CDR, lenders grapple with terms
Inclusion of foreign currency convertible bonds in debt recast a key factor
Lenders examine CDR option for Suzlon debt recast
Co has big order book, if finances set right can attract other investors
Banks to become EC's eyes and ears during polls
Banks will have to inform the EC of any unusual or suspicious cash withdrawals above Rs 1 lakh during polls
Kingfisher lenders left in the lurch
On Monday, the Kingfisher Airlines stock closed at Rs 10.9 on the BSE, a fall of 4.8%