Jul 28, 2014 at 13:17 | Source: CNBC-TV18
Dipan Mehta, member of BSE,NSE feels PSU banks would offer more returns in the near to medium-term than private banks.
Jul 28, 2014 at 11:07 | Source: CNBC-TV18
The banks Q1FY15 net profit shot up 8.74 times to Rs 191.6 crore from Rs 21.9 crore in the same quarter last fiscal on strong net interest income and lower provisions.
Jul 25, 2014 at 15:18 | Source: Moneycontrol.com
Provisions declined at Rs 325.6 crore in first quarter of current financial year compared to Rs 593.9 crore in previous quarter and Rs 368.1 crore in corresponding quarter of last fiscal that helped the bottomline. Provision coverage ratio stood at 57.56 percent as on June 30, said the bank in its filing.
Jul 23, 2014 at 15:04 | Source: CNBC-TV18
Private sector lender YES Bank missed Street expectations with the first quarter net profit rising 9.7 percent on yearly basis to Rs 439.5 crore despite fall in provisions.
Jul 21, 2014 at 15:00 | Source: CNBC-TV18
In an interview to CNBC-TV18, RK Dubey, CMD, Canara Bank, discusses the bank's earnings and its future plans.
May 15, 2014 at 17:36 | Source: CNBC-TV18
Gross NPAs decline to 2.92 percent against 3.65 percent and net NPAs fall to 1.91 percent against 2.23 percent on a sequential basis.
May 09, 2014 at 19:44 | Source: PTI
During the quarter, provisions and contingencies of the bank rose to Rs 711.42 crore against Rs 355.13 crore in the same period a year ago. Provision for bad loans during January-March quarter rose to Rs 666.65 crore from Rs 187.86 crore in the same period a year ago.
Apr 30, 2014 at 13:05 | Source: Moneycontrol.com
Speaking to CNBC-TV18, M Narendra, chairman of the bank said fourth quarter recoveries came in at Rs 438 crore. "The RBI has allowed us to use one-third of provisions to cover NPAs," he said. The fourth quarter upgrades stood at Rs 464 crore, while slippages came in at Rs 2,275 crore, Narendra said.
Jan 24, 2014 at 14:56 | Source: CNBC-TV18
According to N Sivaraman, there's a significant amount of stress in the environment hence one has to be cautious about lending and plan ahead for the provisioning.
Nov 13, 2013 at 15:55 | Source: CNBC-TV18
Year-on-year basis, the bank is short by Rs 472.57 crore mainly because of additional investment depreciation of Rs 305.82 crore and additional non-performing asset provisions of Rs 135 crore and reduction in profit on sale of investment of around Rs 31 crore.