Feb 17, 2017 at 17:58 | Source: PTI
It can be noted that almost 20 percent of the banking assets are stressed with the NPAs alone topping 13.5 percent as of the September quarter. While more than 70 percent of the system are with the state-run banks, over 90 percent of the stressed assets with them, leaving them starved of growth capital.
Feb 17, 2017 at 15:24 | Source: CNBC-TV18
Despite denials from both Kotak Mahindra and Axis Bank, the rumours of a merger have seen shares of the private lenders rise 3.38 percent and 8.31 percent, respectively, over the past month.
Feb 17, 2017 at 10:20 | Source: CNBC-TV18
Speaking to CNBC-TV18, Hugh Young, Managing Director of Aberdeen Asset Management-Asia, said the glory days of healthy IT returns were over.
Feb 13, 2017 at 16:29 | Source: Moneycontrol.com
Amid legal agencies investigating bank officials on loan sanctions; bankers fear taking hair-cuts on bad loans and demand more teeth to resolution mechanisms.
Feb 11, 2017 at 13:40 | Source: CNBC-TV18
In the special show Get Rich, watch Nilesh Shah, MD at Kotak Mahindra AMC speak about the stock markets and how to build a strong portfolio and become financially independent.
Feb 09, 2017 at 08:39 | Source: Moneycontrol.com
A top fund manager was quoted as saying that the largest consolidation in the banking sector is being explored by the shareholders of the two banks, according to a report in The Times of India.
Feb 08, 2017 at 21:30 | Source: CNBC-TV18
It is unlikely that there will be rate hikes in a hurry because the focus is also on getting growth back, Uday Kotak, Managing Director, Kotak Mahindra Bank.
Jan 30, 2017 at 15:41 | Source: CNBC-TV18
Speaking to CNBC-TV18, Hemant Kanawala of Kotak Mahindra Old Mutual Life, said that the Mukesh Ambani-led Reliance Jio would remain aggressive till it achieves its targeted market share.
Jan 27, 2017 at 13:15 | Source: Moneycontrol.com
Kotak Bank, Yes Bank and IndusInd Bank, began life in the early aughts and their non-performing assets were on the lower order of 0.5 percent compared to an industry average of 4 percent -- an indication that the newbies took better lending decisions and steered clear of overexposure to sectors under stress.