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  • FY14 domestic NIM guidance of 3% will be met: BoB

    SS Mundra, CMD, Bank of Baroda says out of the total slippages the highest slippage was probably something like Rs 132 crore in the third quarter.

  • Won't be much impacted by RBI forex norms: BoB's Dhawan

    Won't be much impacted by RBI forex norms: BoB's Dhawan

    Bank of Baroda‘s Ranjan Dhawan is hopeful that there will be a slow revival in the GDP growth, investment demand and NIIs going forward.

  • Food inflation to cool down going forward: Mundra

    Food inflation to cool down going forward: Mundra

    He was expecting a pause in the repo rate and some action on the CRR front in the RBI‘s monetary policy.

  • Q3 slippages likely Rs 1500-2000cr, same as Q2: BoB

    Q3 slippages likely Rs 1500-2000cr, same as Q2: BoB

    In an interview to CNBC-TV18, Mundra said he expects a more stable quarter in terms of asset quality.

  • Net slippages down, trend likely to continue: BoB

    Net slippages down, trend likely to continue: BoB

    SS Mundra, Chairman, Bank of Baroda expects slippages to go down even in the next quarter and then the period of more or less normal slippages will come.

  • Credit growth of 17-18% feasible for FY14: BoB's Mundra

    Credit growth of 17-18% feasible for FY14: BoB's Mundra

    According to SS Mundra, the RBI's move to inject more liquidity into the system by cutting the MSF rates does not indicate a long-term change its policy plan given the high inflation and the repo rate hike.

  • On-tap licence good idea, but are there shortage of banks?

    On-tap licence good idea, but are there shortage of banks?

    Banks are positive on some of the steps taken by the Reserve Bank (RBI). They are also positive on differential banking and the need to create a central repository for corporate exposure.

  • AFS portfolio comfortable; won't up base rate now: UCO Bank

    AFS portfolio comfortable; won't up base rate now: UCO Bank

    In an interview to CNBC-TV18, SS Mundra, Chairman, Bank of Baroda and Arun Kaul, Chairman, UCO Bank spoke about impact of RBI relief on MTM losses.

  • Bank of Baroda expects asset quality to improve Q3 onwards

    Bank of Baroda expects asset quality to improve Q3 onwards

    Shares of Bank of Baroda came under pressure on Thursday, after the PSU reported a sharp rise in bad loans in the first quarter ending June. Speaking to CNBC-TV18 CMD SS Mundra says Q1 saw fresh slippages at Rs 1,846 crore and a restructuring pipeline of around Rs 2,000 crore.

  • RBI move to hit banks in short-run; money to come back: BoB

    RBI move to hit banks in short-run; money to come back: BoB

    In an interview to CNBC-TV18, SS Mundra, Chairman of Bank of Baroda spoke about the RBI's guidance and measures to curb the volatility in rupee. The banks will be affected by the measure in the short-run. But fundamentally, it will not change much in the long run, he adds.

  • Will relook at base rates if deposit costs soften: BoB

    Will relook at base rates if deposit costs soften: BoB

    Bank of Baroda will take a good look at assess cost of fund, and if there is a softening in the cost of deposits, then the bank will relook at base rates

  • Expect CRR cut in June; not very hopeful on repo: BoB

    Expect CRR cut in June; not very hopeful on repo: BoB

    SS Mundra, Chairman of Bank of Baroda said that their home loans are at single common interest rate of 10.25 percent.

  • Q4 should be more or less in-line with Q3: Bank of Baroda

    Q4 should be more or less in-line with Q3: Bank of Baroda

    In an interview to CNBC-TV18, SS Mundra, chairman of Bank of Baroda spoke about the bank's likely performance in the March quarter and the road ahead.

  • Looking to up loans to agri, SME: Bank of Baroda's Mundra

    Looking to up loans to agri, SME: Bank of Baroda's Mundra

    "I have three priorities. I will continue to focus on asset quality. Secondly, I want to slightly shift the gear to bring a more widespread growth like in the credit side instead of remaining too much wholesale banking focused. Finally, I want to enhance the technology reach," said S S Mundra, the new CMD of Bank of Baroda.

  • Kingfisher loan recall will be messy affair: BMR Advisors

    Kingfisher loan recall will be messy affair: BMR Advisors

    Vivek Gupta, Partner at BMR Advisors clearly considers the entire situation to be messy. According to him, there will certainly be a hierarchy of demands once claims are made.

  • CDR rules to fortify banks, cut project-risk: India Ratings

    CDR rules to fortify banks, cut project-risk: India Ratings

    Ananda Bhoumik of India Ratings says that the new debt restructuring norms announced by the RBI will strengthen the lending and risk-management processes in the banking sector. He adds, in an interview to CNBC-TV18, that the new rules will also reduce the risk in projects for industry.

  • See credit growth between 15-16% in FY13: BoB

    See credit growth between 15-16% in FY13: BoB

    In an interview to CNBC-TV18, SS Mundra, chairman & managing director, Bank of Baroda gives his views on the bank's Q3 performance.

  • BoB to keep Rs 120cr for provisioning restructured assets

    BoB to keep Rs 120cr for provisioning restructured assets

    RK Bakshi, ED of Bank of Baroda said their total restructured assets at the moment is around Rs 16000 crore and according to the new rules, they have to set aside Rs 120 crore.

  • Economy improving; see 19% credit growth in FY13: BoB

    Economy improving; see 19% credit growth in FY13: BoB

    MD Mallya, CMD, Bank of Baroda said the bank is not totally insulated from asset quality deterioration. He added that the economy is witnessing signs of improvement and the contraction of margins will not be substantial.

  • Base rate cut not on agenda: BoB

    Base rate cut not on agenda: BoB

    Speaking to CNBC-TV18, executive director of the bank RK Bakshi said a base rate cut was not on bank's agenda.

  • Won't cut rates now; asset quality remains stressed: BoB

    Won't cut rates now; asset quality remains stressed: BoB

    MD Mallya, chairman and managing director, Bank of Baroda told CNBC-TV18 despite peer State Bank of India (SBI) slashing home and auto rates, BoB is not considering a rate cut at this point of time.

  • See global NIMs around 2.7-2.75% in FY13: Bank of Baroda

    See global NIMs around 2.7-2.75% in FY13: Bank of Baroda

    MD Mallya, chairman and managing director, Bank of Baroda says, "Global NIMs have been around 2.73%. The guidance would be in the same range 2.7% to 2.75% in the second quarter or maybe the current fiscal is concerned."

  • Banks seek mechanism to ensure effective CDR process

    Banks seek mechanism to ensure effective CDR process

    Top bankers in the country met on Monday to ensure that the mechanism of CDR is appropriately utilized for reviving the units which need help and rehabilitation from the system.

  • See slippages under 1.25%; deposits growth at 20-21%: BoB

    See slippages under 1.25%; deposits growth at 20-21%: BoB

    MD Mallya, CMD of Bank of Baroda says the bank has made incremental provision of Rs 325 crore.

  • Bank of Baroda to decide on cutting lending rate tomorrow

    Bank of Baroda to decide on cutting lending rate tomorrow

    MD Mallya, chairman and managing director, Bank of Baroda told CNBC-TV18, they would take a decision on lending rate cut by tomorrow.

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