Devidutta Tripathy And Manoj Kumar

All stories by Devidutta Tripathy And Manoj Kumar

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...

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

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...

India's trade deficit widens to three-month high in May
Rediff.com15 Jun 2016

Imports dropped 13.16 per cent year-on-year

India to crack down on savings scams as Modi backs banking for all
Rediff.com30 May 2016

India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes...

India eyes oil-for-drugs deal with Venezuela to recoup pharma cash
Rediff.com18 May 2016

Like pharmaceutical companies globally - which used to enjoy a preferential exchange...

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...

India to take on defaulters as parliament approves bankruptcy bill
Rediff.com11 May 2016

The insolvency and bankruptcy code will strengthen the hands of lenders to recover...

RBI to get rates panel in policy shift
Rediff.com11 May 2016

Three members will be representatives from the government, and three from the RBI.

Lok Sabha backs bankruptcy code, key to debt cleanup
Rediff.com5 May 2016

March infrastructure output grows fastest in 16 months
Rediff.com2 May 2016

Infrastructure accounts for nearly 38 per cent of India's industrial output

Ambitious new bankruptcy code may take years to clean up India's debt mess
Rediff.com2 May 2016

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms...

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

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

Retail inflation hits six-month low in March
Rediff.com12 Apr 2016

Retail inflation has eased from double digits in 2013.