Abhijit Lele

Stories by Abhijit Lele

SBI rolls out teaser home loans after 8 years

SBI rolls out teaser home loans after 8 years

Rediff.com   3 Jan 2017

A teaser loan is one where the lender offers a slightly lower rate in the initial years and then charges higher rates in later years.

Why banks are unable to deal with the cash crunch

Why banks are unable to deal with the cash crunch

Rediff.com   23 Dec 2016

Banks have reported that banknotes worth Rs 592,613 crore have been issued to the public.

Credit exposure limit set for banks

Credit exposure limit set for banks

Rediff.com   2 Dec 2016

New regime on loans to one party to kick in by Apr 2019.

55% of SBI's cash deposits came from beyond cities

55% of SBI's cash deposits came from beyond cities

Rediff.com   28 Nov 2016

SBI got Rs 1.93 lakh cr in cash deposits from November 10-25.

20% dip in currency in circulation in week ended Nov 18

20% dip in currency in circulation in week ended Nov 18

Rediff.com   24 Nov 2016

According to the Reserve Bank of India, the currency in circulation reduced by Rs 360,700 crore to Rs 1,426,900 crore during the week under review.

SBI Boss: Banks will be back to 'normal' by November 30

SBI Boss: Banks will be back to 'normal' by November 30

Rediff.com   15 Nov 2016

'We have collected Rs 83,702 crore in deposits in five days.'

Lenders to gain as home loan size set to increase

Lenders to gain as home loan size set to increase

Rediff.com   10 Nov 2016

HFCs and banks expect a drop in demand for housing loans in the short-term.

Tata-Mistry battle leaves SBI worried

Tata-Mistry battle leaves SBI worried

Rediff.com   8 Nov 2016

As a step to protect its interest as a lender, SBI will look at the financial stability and corporate governance practices in companies where it has exposure.

Share swaps kick off SBI merger

Share swaps kick off SBI merger

Rediff.com   19 Aug 2016

All shares held by SBI in the five associate banks will stand cancelled after merger.

Govt infusion in banks still short, say Icra & Fitch

Govt infusion in banks still short, say Icra & Fitch

Rediff.com   21 Jul 2016

This shortfall could continue to hurt loan growth in 2016-17.

SBI reworks strategy for HNI customers

SBI reworks strategy for HNI customers

Rediff.com   14 Jul 2016

Under this service, SBI will give services in person or through remote mode.

SBI merger to create banking powerhouse

SBI merger to create banking powerhouse

Rediff.com   16 Jun 2016

Employee integration and branch rationalisation are major challenges.

Mallya deportation plea refusal may hit dues

Mallya deportation plea refusal may hit dues

Rediff.com   12 May 2016

Mallya offered to pay Rs 4,000 crore (Rs 40 billion) as settlement.

Did Rajan go by majority view on rate cut?

Did Rajan go by majority view on rate cut?

Rediff.com   29 Apr 2016

Two members recommended bringing down the rate by 50 bps in the April policy.

Revealed! 'RBI list of top 10 defaulters'

Revealed! 'RBI list of top 10 defaulters'

Rediff.com   27 Apr 2016

Loans to wilful defaults are said to be a little over Rs 1 lakh crore.

Short-term loans to get cheaper

Short-term loans to get cheaper

Rediff.com   30 Mar 2016

Benchmark rate for new loans to be lower by 80-90 bps from Friday; move could increase competition but hit commercial papers.

Banks crack whip on debt rejig

Banks crack whip on debt rejig

Rediff.com   15 Mar 2016

Banks have been patient and flexible in rescheduling loans.

Who will be the next SBI chief?

Who will be the next SBI chief?

Rediff.com   27 Jan 2016

The next chairman at the country's largest lender could enjoy a four-year tenure.

RBI lens on outward remittances

RBI lens on outward remittances

Rediff.com   25 Oct 2015

Money sent abroad rises sharply in July; maintenance of close relatives, education expenses top the chart

Rupee falls, NRI remittances surge

Rupee falls, NRI remittances surge

Rediff.com   16 Sep 2015

India received $70 billion in remittances during 2014.