Moneycontrol PRO

business

NPLs likely to stay above 5% till Q4FY14: Andhra Bank

CVR Rajendran, CMD, Andhra Bank, told CNBC-TV18 that the bank‘s earnings will improve by the second quarter next fiscal, during which time the bank may look to raise additional capital through a qualified institutional placement.

first published: Dec 26, 2013 02:28 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347