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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).
Lenders are dedicating full-fledged teams to curtail the threat of rising defaults
Loans offered mostly to microfinance institutions outside Andhra Pradesh
SBI cuts education loan rates 25-100 bps others reduce home loan rate, waive processing fees
Interview with CEO & ED, IL&FS Investment Managers
Worst quarter in a decade, fund crunch, Moody's downgrade and messy NPAs... he has had little to cheer about
Cash flows under stress as Lavasa and some road projects have been stuck for over a year
Interview with Chairman, SBI
Bankers view deal favourably, as Gulabchand is willing to liquidate land bank and road projects
High interest rates, commodity prices, growth slowdown continue to weigh on balance sheets, adding to the pressure