Devidutta Tripathy And Aditi Shah

All stories by Devidutta Tripathy And Aditi Shah

ICICI Bank Q1 profit falls 25%, bad loans tick up
Rediff.com29 Jul 2016

The bank's net profit fell to 2,232 crore for its fiscal first quarter to June 30.

ICICI Pru Life files for India's biggest IPO in six years
Rediff.com18 Jul 2016

Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the...

In India, private equity firms bet big on shopping malls
Rediff.com13 Jul 2016

The rise of the mall in India, at a time when many in the United States are becoming...

Indian banks need $90 billion to meet Basel III rules: Fitch
Rediff.com5 Jul 2016

With their weak metrics and high bad loans, India's state-run banks have not been...

Indian banks' bad loans may rise to 8.5% by March 2017
Rediff.com28 Jun 2016

The stress in the banking sector, which mirrors the stress in the corporate sector, has...

Factbox: Potential successors to RBI chief Rajan
Rediff.com28 Jun 2016

Here is some background on the candidates seen as potential successors to Rajan at the RBI

Next RBI chief faces balancing act on bank clean-up
Rediff.com27 Jun 2016

As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal

Ratan Tata's aviation ambitions a step closer as India opens up
Rediff.com23 Jun 2016

The $100 billion Tata group conglomerate is a major beneficiary of the decision to open...

India seen pressing ahead with bank clean-up despite Rajan's exit
Rediff.com19 Jun 2016

Bankers and government officials told Reuters Rajan's successor may be less aggressive...

Decision on new RBI governor soon: FinMin
Rediff.com18 Jun 2016

Finance Minister Arun Jaitley said in a Twitter post that the government appreciated...

Ford to recall 48,700 EcoSport SUVs in India
Rediff.com20 May 2016

It plans to recall another 700 EcoSport vehicles made between January and February 2016...

RBI plans to tighten rules for large corporate borrowers
Rediff.com12 May 2016

Indian banks would have to make higher provisions for lending to large corporate...

India's bad loans could be more than New Zealand's $170 bn economy
Rediff.com12 May 2016

State-owned banks account for more than two-thirds of the sector's assets and about 85...

Uber v Ola: How fight for Indian taxi market ended up in court
Rediff.com29 Apr 2016

Uber is suing Ola for $7.5 million to compensate for lost revenue and goodwill,...

India's first 'mobile-only' bank is here!
Rediff.com26 Apr 2016

Digibank will offer only savings deposits initially, but will expand to include...

Ford to recall 42,300 cars in India to fix airbag issue
Rediff.com22 Apr 2016

The company did not clarify if the software error affects only domestic sales or...

Banks set to reject Mallya's loan repayment offer
Rediff.com6 Apr 2016

The lenders, led by State Bank of India (SBI), are due to inform the Supreme Court of...

Pressure on liquor baron Mallya dials up, trademarks seized
Rediff.com10 Mar 2016

The banks have asked the court to demand his return and to impound his passport.

CBI probing alleged fraud at Syndicate Bank
Rediff.com8 Mar 2016

The alleged fraud includes the use of fake bills.

Tata Motors to rename hatchback that sounds like Zika
Rediff.com2 Feb 2016

Tata Motors is seeking an image makeover with the curvaceous hatchback, Zica.