Dena Bank CMD Ashwani Kumar hopes that with credit growth and uptick in the market, the bank will be able to have a CRAR of about 11.5 percent by March 31
Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.â€
Dena Bank's exposure to discoms stands at around Rs 7000 crore of which Rs 3300 crore of debt has been restructured, says chairman and managing director Ashwani Kumar.
In an interview with CNBC-TV18, Ashwani Kumar, CMD, Dena Bank said that bank expects NIMs to be impacted by the recent rate cut.
In an interview to CNBC-TV18, VR Iyer, CMD, Bank of India, said that in the wake of rising instances of bad loans and frauds coming to light, the finance ministry has written to all banks asking them to be cautious.
On credit growth side Dena Bank is targeting a growth of around 15-16 percent for FY14. They would mainly focus on retail and small medium enterprise (SME) lending to achieve this growth.
In an interview with CNBC-TV18, DL Rawal, chairman and managing director of Dena Bank, spoke about the latest happenings in his bank and the road ahead.
In an interview with CNBC-TV18, DL Raval, Chairman of Dena Bank spoke about the latest happenings in his company and sector.