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).
Page 97 - Abhijit Lele/workspace/business Standard Web/video
DFI goes back to the future: Will changes boost infra funding in India?
The Bill suggests that the government has learned from past mistake
 "DFI goes back to the future: Will changes boost infra funding in India?")
NeoGrowth to raise Rs 500 crore, names Rahane its brand ambassador
The company, which lends to small businesses, mostly retail service units including shops, has assets under management of around Rs 1,350 crore
 "NeoGrowth to raise Rs 500 crore, names Rahane its brand ambassador")
Moody's upgrades IndusInd to 'stable' outlook, affirms long-term ratings
The lender's asset quality slipped marginally in the economic disruption caused by the Covid-19 pandemic, says agency.
 "Moody's upgrades IndusInd to 'stable' outlook, affirms long-term ratings")
RuPay set to expand credit card business in India, take it to masses
Introduced 9 yrs ago, the indigenous card payment network has cornered a sizeable market share, thanks to govt push
 "RuPay set to expand credit card business in India, take it to masses")
Centre will have to put more funds into public sector banks, says RBI
Governance reforms and action plans to enhance operational efficiency and customer services are integral for recapitalisation
 "Centre will have to put more funds into public sector banks, says RBI")
Corporate affairs ministry investigates irregularities at Edelweiss ARC
Its shares were locked in the 5 per cent lower circuit on the BSE on Thursday at Rs 80.20 following reports of the probe
 "Corporate affairs ministry investigates irregularities at Edelweiss ARC")
HDFC cuts interest rate on home loans by 5 basis points from March 4
The revised rate of 6.75% comes into effect today
 "HDFC cuts interest rate on home loans by 5 basis points from March 4")
IDBI Bank likely to take call on additional tier-1 bonds post-PCA exit
The lender is in a better shape and the current capital base is adequate and could support growth in the next financial year
 "IDBI Bank likely to take call on additional tier-1 bonds post-PCA exit")
Commercial bank credit to midsize firms up 27.9%, shows RBI data
Bankers said the economic recovery has begun to translate into a rise in demand for loans.
 "Commercial bank credit to midsize firms up 27.9%, shows RBI data")
SBI cuts home loan interest rate by 10 bps to 6.7% linked to CIBIL score
Sanctions loans worth Rs one trillion till date in FY21
 "SBI cuts home loan interest rate by 10 bps to 6.7% linked to CIBIL score")
Aditya Birla Finance set to raise Rs 5,000 crore through debentures
The entity expects to increase share of SMEs and the retail segment to 65 per cent from 60 per cent in December 2020.
 "Aditya Birla Finance set to raise Rs 5,000 crore through debentures")
Central Bank of India is out of mess, stage set for PCA exit: CEO
Outgoing CEO Pallav Mohapatra says the bank will report profit in Q4FY21
 "Central Bank of India is out of mess, stage set for PCA exit: CEO")
Non-food bank credit grows 6% in January 2021; gold loans rise 132%
The pace of retail credit, a segment which has the maximum focus of banks, decelerated to 9.1 per cent in January 2021 from 16.9 per cent in January 2020
 "Non-food bank credit grows 6% in January 2021; gold loans rise 132%")
RBI extends deadline to apply for Umbrella entity on retail payments
34 consortiums working to file intent for NUE
 "RBI extends deadline to apply for Umbrella entity on retail payments")
India likely to grow 13.7% next year; fiscal position weak: Moody's
Indian affiliate Icra expects considerable rebound in economic growth in FY22 on the back of higher central govt spending, pick-up in consumption
 "India likely to grow 13.7% next year; fiscal position weak: Moody's")
HDFC Bank, Kotak Mahindra Bank to pick up 9.99% stake each in Ferbine
Tata group floats a company for retail payment systems biz
 "HDFC Bank, Kotak Mahindra Bank to pick up 9.99% stake each in Ferbine")
Centre lifts embargo on grant of govt businesses to private banks
Move will spur competition, promote efficiency in customer service standards
 "Centre lifts embargo on grant of govt businesses to private banks")
Bond market supply likely to double to Rs 70 trillion by 2025: CRISIL
This growth will have three drivers: investments, primarily for infrastructure; NBFCs and HFCs
 "Bond market supply likely to double to Rs 70 trillion by 2025: CRISIL")
India's economic recovery to cut bank stress, but Covid hit to be felt: S&P
While the Indian economy is on a mend, the permanent GDP loss stemming from the brunt of the coronavirus is huge at 10 per cent
 "India's economic recovery to cut bank stress, but Covid hit to be felt: S&P")
Bharati Defence liquidator looks to sell company as going concern
The reserve price has been set at Rs 615 crore, according to Deloitte Touche Tohmatsu India
 "Bharati Defence liquidator looks to sell company as going concern")