Subrata Panda

1 week ago | rediff.com | Anjali Kumari |Subrata Panda

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent, said sources privy to the development. Photograph: PTI Photo from the Rediff Archives APSEZ tapped the domestic capital market on Thursday to raise Rs 5,000 crore through 15-year bonds. This was its largest ever rupee-denominated bond issue and also its first 15-year bond sale.

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

Federal Bank has to enter the league of big private sector banks in the next 7-10 years, says KVS MANIAN, MD & CEO, Federal Bank. In a face-to-face interview with Manojit Saha and Subrata Panda in Mumbai, he talks about mid-yielding assets being the focus area of the lender, along with boosting fee income and strengthening the current account deposit base. Edited excerpts:You took charge in September last year. What is the vision you have for the bank?

1 week ago | business-standard.com | Anupreksha Jain |Subrata Panda

The Reserve Bank of India's (RBI's) embargo on IIFL Finance was a "wake up" call for the lender and it used the opportunity to elevate its compliance, governance and control frameworks, said Nirmal Jain, founder and managing director (MD), in an interview with Anupreksha Jain and Subrata Panda, in Mumbai. He also shared the lender's strategies and growth plans for 2025-26 (FY26). Edited excerpts:

3 weeks ago | rediff.com | Abhijit Lele |Subrata Panda

'Now we have one of the best asset qualities in the industry.'"I target loan growth which is reasonable but not very risky," Prashant Kumar, MD and CEO, Yes Bank, tells Abhijit Lele and Subrata Panda/Business Standard in Mumbai. 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.

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

Following the company's 2024-25 (FY25) fourth-quarter (Q4) earnings, Prashant Tripathy, managing director and chief executive officer of Axis Max Life Insurance, spoke to Subrata Panda and Aathira Varier about the company's strategy for 2025-26 (FY26) and its ambition to become the third-largest listed private sector life insurance player in the next five years. Edited excerpts:At a time when the industry has underperformed, how do you evaluate your FY25 performance?