AUTHOR

Abhijeet Lele

All stories by Abhijeet Lele

MFIs' asset quality takes heatwave hit
Rediff.com28 Aug 2024

The asset quality of microfinance portfolios worsened in the quarter ending June 2024...

Rising cost of funds may squeeze bank interest margins by 30 bps more
Rediff.com18 Dec 2023

Banks are likely to see their net interest margins (NIM) - broadly the difference...

Hemmed in by interest rate hikes, HFCs see 19% dip in Q2 net profit
Rediff.com15 Nov 2022

Listed housing finance companies (HFCs), as a group, posted a 3.7 per cent drop in...

SBI ready to open rupee trade account with Russian banks
Rediff.com16 Sep 2022

State Bank of India (SBI) is willing to work with Russian banks not facing sanctions...

SBI raises $1 bn from JBIC, other Japanese lenders
Rediff.com29 Oct 2020

These are untied loans, meaning SBI has freedom to use this money to lend. They also do...

Online fraud attempts drop 29% during unlock
Rediff.com21 Oct 2020

Such attempts had risen sharply right before pandemic and early part of pandemic by 121...

Why banks want RBI to delay IndAS roll-out
Rediff.com7 Mar 2019

They have cited higher capital for bad-loan provisioning, pending legislative...

Finally, domestic banks see light amid NPA gloom
Rediff.com20 Aug 2018

After showing a consistent rise in the previous 4 quarters, gross NPAs of 40 listed...

Banks says, Mistry's write-down claims exaggerated
Rediff.com28 Oct 2016

Group firms working on sound footing