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Somasroy Chakraborty

Somasroy Chakraborty

Somasroy Chakraborty

Page 3 - Somasroy Chakraborty

Debt recovery tribunals: More pain than gains for banks

Experts suggest that the law should be strengthened to ensure mandatory time bound disposal of cases

Debt recovery tribunals: More pain than gains for banks
Updated On : 17 Dec 2014 | 5:36 PM IST

Govt's request for fresh loans to SpiceJet leaves banks in a quandary

Cash-strapped carrier promoted by media baron Kalanithi Maran was forced to cancel flights today morning

Govt's request for fresh loans to SpiceJet leaves banks in a quandary
Updated On : 17 Dec 2014 | 4:37 PM IST

Give them a fair chance

Reasons why new CEOs of old private sector banks should be given more time to turnaround their fragile finances

Give them a fair chance
Updated On : 17 Dec 2014 | 2:19 PM IST

Banks hire environmental, social specialists to reduce NPA risks

Hire environmental specialists to appraise proposals before sanctioning big-ticket loans

Banks hire environmental, social specialists to reduce NPA risks
Updated On : 17 Dec 2014 | 2:20 AM IST

The rise, fall & return of Vikram Akula

It might be difficult to repeat the SKS success with VAYA Finserv, say analysts

The rise, fall & return of Vikram Akula
Updated On : 16 Dec 2014 | 2:31 AM IST

Priority sector continues to scare foreign banks

The priority sector lending targets are dissuading foreign banks from creating subsidiaries in India

Priority sector continues to scare foreign banks
Updated On : 16 Dec 2014 | 12:46 AM IST

Corporate fees continue to dwindle, retail fees likely to drive growth for banks

ICICI Bank, country's largest private bank, earns 60% of its fees from retail side

Corporate fees continue to dwindle, retail fees likely to drive growth for banks
Updated On : 12 Dec 2014 | 1:22 AM IST

Sinking bond yields likely to ease banks' stress

Banks expected to utilise treasury gains for NPAs and employee pension provisioning

Sinking bond yields likely to ease banks' stress
Updated On : 11 Dec 2014 | 11:27 PM IST

Banks in no hurry to declare wilful defaulters

Kingfisher Airlines may have been designated a wilful defaulter by its lenders, but the lengthy process and prospect of court cases deter banks

Banks in no hurry to declare wilful defaulters
Updated On : 11 Dec 2014 | 9:39 PM IST

Room for rate cut if inflation continues to ease, says Mundra

Reserve Bank might grant licences for small finance and payment banks by April

Room for rate cut if inflation continues to ease, says Mundra
Updated On : 11 Dec 2014 | 2:21 AM IST

Vaya has sufficient capital for small bank licence: Vikram Akula

Interview with Founder and former chairperson of SKS Microfinance

Vaya has sufficient capital for small bank licence: Vikram Akula
Updated On : 11 Dec 2014 | 2:20 AM IST

High-profile bankers find it tough to turn around small private banks

Poor governance, constant interference of promoters, opposition from unions and talks of being an acquisition target seen as main deterrents

High-profile bankers find it tough to turn around small private banks
Updated On : 10 Dec 2014 | 2:47 AM IST

HDFC Bank to welcome back its former employees

Introduces project 'Khoj' to re-hire 3,000 ex-workers over 18 months

HDFC Bank to welcome back its former employees
Updated On : 10 Dec 2014 | 12:23 AM IST

After mid-income individuals, American Express turns to Indian SMEs

To launch co-branded corporate card with Jet Airways for this segment

After mid-income individuals, American Express turns to Indian SMEs
Updated On : 09 Dec 2014 | 6:37 PM IST

Banks accuse prepaid issuers of misusing business correspondent model

Say PPIs poaching agents, forcing users to shift

Banks accuse prepaid issuers of misusing business correspondent model
Updated On : 09 Dec 2014 | 2:53 AM IST

Banks set to kick off lending rate cuts

With deposit rates falling, bankers say base rate cut is only a matter of time

Banks set to kick off lending rate cuts
Updated On : 08 Dec 2014 | 2:49 AM IST

SIM-swap fraud: A new way of stealing money

Fraudsters duplicating SIM cards to hack into bank accounts

SIM-swap fraud: A new way of stealing money
Updated On : 05 Dec 2014 | 1:46 AM IST

ICICI Bank, HDFC Bank cut retail term-deposit rates

ICICI Bank reduces rate by 25 bps, HDFC Bank by 25-50 bps on select maturities

ICICI Bank, HDFC Bank cut retail term-deposit rates
Updated On : 04 Dec 2014 | 1:56 AM IST

RBI to offer more than two licences for small, payments banks

The central bank had earlier this year granted 'in-principle' nod for banking to only two new players, Bandhan and IDFC, out of 25 banking aspirants

RBI to offer more than two licences for small, payments banks
Updated On : 02 Dec 2014 | 1:09 PM IST

No plans to sell stake in HDFC Bank: Keki Mistry

Interview with Vice-chairman & CEO, HDFC

No plans to sell stake in HDFC Bank: Keki Mistry
Updated On : 24 Nov 2014 | 2:16 AM IST