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Ha Daruwala

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See slowdown in credit growth: Central Bank
Jul 31, 2008 at 14:50 | Source: CNBC-TV18
HA Daruwala, Chairman and MD, Central Bank of India, said the bank might be compelled to go slow on credit. "The cost of deposit t has gone up from 6.24% in March to 6.54% at present. I cannot afford to have such high deposit cost. In no time, the CRR is going to be 9%. The reverse repo is already at 9%."
Net profit up 10% at Rs 550 cr: Central Bank
Apr 24, 2008 at 15:08 | Source: CNBC-TV18
Central Bank has announced its results, the bank has clocked its net profit up 10% at Rs 550 crore. Meanwhile, the bank's NII is at Rs 2235 crore.
Central Bank concentrating on improving recoveries
Jan 24, 2008 at 13:08 | Source: CNBC-TV18
Speaking to CNBC-TV18, HA Daruwala, Chairperson & MD, Central Bank said net profit is at Rs 201 crore. He added that NII growth is sluggish due to high cost of deposits. Net NPA has reduced to 1.22% and NIMs is at 2.79%, he stated. Central Bank is concentrating on improving recoveries.
Will RBI follow Fed move?
Jan 23, 2008 at 13:33 | Source: CNBC-TV18
RBI Governor, YVReddy, while speaking to the press two days ago seemed to indicate that he might loosen his stance on liquidity. Whether he will go to the extent of cutting rates is still not very clear, but speaking to CNBC-TV18, HA Daruwala, Chairperson & MD, Central Bank said she expects RBI to cut reverse repo rates by 0.25%.
Money to be used for biz growth: Central Bank
Jul 13, 2007 at 16:18
Central Bank is coming out with an issue of eight crore shares in the price band of Rs 85-102 per share. H A Daruwala, CMD, Central Bank, said the issue proceeds are going to be used for technology platform, HRD development, and for business growth.

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See slowdown in credit growth: Central Bank
Net profit up 10% at Rs 550 cr: Central Bank
Will RBI follow Fed move?
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