Subrata Panda

Mumbai

Reporter at Reorg

Gorlami! 😒

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Articles

Jio Credit looks to raise Rs 1K cr in maiden bond issue next week

6 days ago | rediff.com | Subrata Panda

Jio Credit, formerly known as Jio Finance, is stepping into the domestic capital market next week with its maiden bond issue. The subsidiary of Jio Financial Services plans to raise up to Rs 1,000 crore by selling bonds maturing in 2 years and 10 months, sources said. The issue includes a base size of Rs 500 crore and a green shoe option of Rs 500 crore.
Yes Bank MD & CEO

1 week ago | business-standard.com | Abhijit Lele |Subrata Panda

Prashant Kumar, managing director (MD) and chief executive officer (CEO), Yes Bank, discusses the Q4FY25 results and future strategy of the bank in an interview with Abhijit Lele and Subrata Panda in Mumbai. Edited excerpts:How is the next phase of growth going to look like for Yes Bank now that five years have passed since it was reconstituted? If you see the bank's performance in the last six quarters, it is a consistent trend - both in business growth and profit.
BNY CEO Robin Vince

1 week ago | business-standard.com | Manojit Saha |Subrata Panda

ROBIN VINCE, chief executive officer (CEO) of The Bank of New York Mellon Corporation (BNY) - one of the oldest financial institutions in the United States with a strong global presence in asset servicing, investment management, and wealth management - spoke with Manojit Saha and Subrata Panda in Pune about India's growing significance in the lender's strategy. Edited excerpts:How do you see the India story evolving and how can BNY be a part of it?
After CEO exit, RBI okays IndusInd executives' panel to run the show

2 weeks ago | rediff.com | Subrata Panda

The Reserve Bank of India (RBI) has approved IndusInd Bank’s request to form an executive committee to discharge the duties and responsibilities of the chief executive officer (CEO) for a period of maximum three months or till a new CEO takes charge, whichever is earlier. The executive committee will oversee the operations of the Bank, under the oversight and guidance of the Oversight Committee of the Board.
'Clients Are In Risk-management Mode'

2 weeks ago | rediff.com | Subrata Panda |Manojit Saha

'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'Even after exiting the consumer business, Citi continues to be the largest global bank in India by revenue and a banker to Indian clients in 70 countries while managing 8 per cent of India trade flows.
MD & CEO Vibha Padalkar

3 weeks ago | business-standard.com | Aathira Varier |Subrata Panda

Vibha Padalkar, managing director (MD) and chief executive officer (CEO) of HDFC Life Insurance, in an interview with Aathira Varier and Subrata Panda, spoke about how the company bucked the industry trend in terms of growth during Q4 of FY25 while outlining the strategy for FY26. Edited excerpts:Given the industry's underwhelming show, how would you evaluate the company's performance in FY25? We have grown faster than the sector and this has resulted in expansion of our market share.
Tech Failures Behind UPI Outages

4 weeks ago | rediff.com | Ajinkya Kawale |Subrata Panda

An hour-long disruption could affect around 40 million UPI transactions. IMAGE: Kindly note the image has been posted only for representational purposes. Network disruptions caused by internet service providers (ISPs) powering India's flagship payments platform, Unified Payments Interface (UPI), hardware malfunctions, and the overloading of banks' transaction processing systems are likely behind the UPI outages over the past two weeks, according to sources.
Clients are in risk-management mode, says Citigroup's Jason Rekate

1 month ago | business-standard.com | Subrata Panda |Manojit Saha

Even after exiting the consumer business, Citi continues to be the largest global bank in India by revenue and a banker to Indian clients in 70 countries while managing 8 per cent of India trade flows. Jason Rekate, global co-head (corporate banking), talks to Subrata Panda and Manojit Saha on uncertainties due to global tariff wars, how Indian companies are navigating these challenges, and why India continues to be an important market for the American lender. Edited excerpts:
LIC Hits Back At USTR Bias Claim

1 month ago | rediff.com | Subrata Panda

LIC said USTR's views are based on an incomplete understanding of Indian insurance regulation and LIC's functioning. State-owned Life Insurance Corporation said on Friday it has never invoked the sovereign guarantee for its policies, nor used it as a marketing tool. India's largest insurer said it operates in a fully competitive market alongside 24 private companies.
USTR Report Intensifies Trade Tensions With India

1 month ago | rediff.com | Shreya Nandi |Subrata Panda |Ajinkya Kawale |Sanjeeb Mukherjee

The US Trade Representative noted that India's average applied tariff rate stood at 17% per cent, the highest of any major world economy. Kindly note the image has been posted only for representational purposes. IMAGE: A truck passes shipping containers stacked at the container terminal at Cochin Port on Willingdon Island in Kerala.