Moneycontrol PRO

business

Banks need over Rs 2 lk cr; asset quality concerns to stay: ICRA

Karthik Srinivasan, senior VP and co-head of financial sector ratings at ICRA, says: "The stress has only increased and this pressure on asset quality is impacting the profitability of these banks."

first published: Feb 23, 2016 12:54 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