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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).
85% respondents of a Business Standard poll see no rate cut for now
Lender grabs arbitrage window as banks fix higher pricing
State-owned banks may be sitting on a powder-keg of inadequately provisioned loans
As ATMs hold huge amounts in cash and criminals use them to get to customers' cards and PIN data, electronic security is crucial
Interview with Chief executive (financial services), Aditya Birla Group
The move is aimed at strengthening its customer acquisitions through electronic channels
Interview with Deputy Governor, Reserve Bank of India
June quarter data shows higher slippages by PSBs agri sector, SMEs account for bulk of defaults
Grouping would help banks restructure an account on common terms
Seek changes in rules from the finance ministry to allow such disclosures
Besides nurturing corporate business, Syndicate Bank would also try to push fee-based income through a separate vertical
As estimates are about the next few quarters, some banks start cutting their dependence on bulk money
Demand for waiver on public sector bank loans to farmers may add to woes