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  • Tamil Nadu issue to continue to hit sales: United Breweries Jun 04, 2013 01:59 PM IST

    Tamil Nadu issue to continue to hit sales: United Breweries

    A year-ago quarter, UB Ajanta Breweries was amalgamated with UB, so the fourth quarter results are not comparable.

  • B/S firm on provisions; 25-bps cut in rates likely: OBC May 02, 2013 08:04 PM IST

    B/S firm on provisions; 25-bps cut in rates likely: OBC

    B Nayyar, ED, Oriental Bank of Commerce (OBC) says, in an interview to CNBC-TV18, that the balance-sheet has been strengthened with 63-percent provisioning and adds that a 25-bps cut in deposit rates is likely.

  • Provisioning, low rate growth hits net; NIM up at 2.7%: UBI Feb 07, 2013 12:03 PM IST

    Provisioning, low rate growth hits net; NIM up at 2.7%: UBI

    Deepak Narang, ED, United Bank of India explains on CNBC-TV18, after the announcement of results, that the bank's net profit was affected by increased provisioning for Kingfisher Airlines this quarter followed by provisions for transport, IT, iron and steel. He expects a pick-up in recoveries going forward.

  • Expect Q4 margins to be better than Q3: OBC Jan 25, 2013 03:49 PM IST

    Expect Q4 margins to be better than Q3: OBC

    The Q3 margins stood at 2.84 per cent as compared to 2.79 per cent quarter on quarter basis. In an interview to CNBC-TV18, SL Bansal, Chairman & MD, OBC said, 'We are expecting that our margin in the next quarter will be much better. It should be close to 2.95 per cent".

  • Kingfisher Airlines Q4 loss more than trebles May 31, 2012 09:26 AM IST

    Kingfisher Airlines Q4 loss more than trebles

    Kingfisher Airlines' net loss more than trebled in the quarter to end-March from a year earlier, battered by high fuel prices and a weakened rupee, but the ailing Indian carrier pledged a return to full-scale operations in the next 12 months.

  • Kingfisher not looking at debt conversions anymore: CFO May 24, 2011 12:29 PM IST

    Kingfisher not looking at debt conversions anymore: CFO

    Kingfisher Airlines is not looking at more debt conversions from banks, though it has still optional convertible debt worth Rs 700 crore, Ravi Nedungadi, group president and CFO, Kingfisher Airlines told CNBC TV18. Its total debt currently stands at Rs 6,200 crore.

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