Sep 03, 2015 10:46 AM IST
Due to this transition towards marginal cost of funding, Romesh Sobti, MD and CEO, IndusInd Bank says there will be a transitory compression of margins, but not a permanent one.
- Sep 03, 2015 10:22 AM IST
Mistry says the RBI may have leeway to cut interest rates by 50-75 basis points over the next one year, but much will also depend on how global events play out.
- Sep 01, 2015 02:40 PM IST
In an interview with CNBC-TV18, Rana Kapoor, MD & CEO of Yes Bank says that YES Bank is focusing on retail and SMEs segments to expand its consumer business.
- Sep 01, 2015 10:00 AM IST
Welcoming the rate cut by HDFC Bank, Ramesh Iyer, MD, Mahindra & Mahindra Financial Services says he hopes others in the system follow the lead that will help companies with sizeable borrowing in their books.
- Sep 01, 2015 08:57 AM IST
SBI, MD - corporate banking, P Pradeep Kumar says, it has been continuously reviewing base rates and lowering deposit rates since August or September last year. "A further cut will depend on SBI's cost of funds, composition of asset portfolio, etc."
- Aug 04, 2015 01:08 PM IST
In the third bi-monthly monetary policy meet today, RBI Governor Raghuram Rajan said banks have merely lowered lending rates by a fraction.
- Jun 15, 2015 07:34 PM IST
In an exclusive conversation with IL&FS Vice Chairman Hari Sankaran, CNBC-TV18 quizzed him on banks cutting infra exposure, the government's rationale behind toll exemptions and the company's future fund raising plans.
- Apr 07, 2015 08:20 PM IST
Paresh Sukthankar executive director, HDFC Bank says the quantum of cut is marginal which may not significantly boost credit growth.
- Feb 16, 2015 09:16 AM IST
Paresh Sukhtankar of HDFC Bank says neither funds nor capital were a constraint for growth and asset quality in the third quarter was largely stable. He, however, adds that a further pick-up in the bank‘s growth will depend on GDP growth
- Jan 28, 2015 06:29 PM IST
The Foreign Investment Promotion Board had cleared HDFC Bank‘s proposal in December and had cleared Lupin‘s FDI proposal in November.
- Dec 08, 2014 01:15 PM IST
The commercial private sector lender expects net interest margins in the range of 3.2-3.3 percent for Q3.
- Dec 04, 2014 08:36 AM IST
HDFC Bank cut interest rates on retail term deposits between 25- 50 basis points. It has cut rates on 48-day to 1 year deposits.
- Nov 19, 2014 01:00 PM IST
In an interview to CNBC-TV18, Keki Mistry clarified that HDFC would like to maintain its stake in the bank and that the company board will decide whether its needs to change the stake pattern.
- Sep 12, 2014 07:15 PM IST
Puri feels that it is dangerous for banks to grow fast when the economy is slowing as it can result in higher non-performing loans.
- Nov 09, 2013 02:16 PM IST
The consolation, if any, is that the macro-environment may not deteriorate here on. That is ICICI Bank CEO Chanda Kocchar‘s big picture view of the economy and the banking industry.
- Sep 21, 2013 02:00 PM IST
Aditya Puri of HDFC Bank Puri expects margins in the range of 4.2-4.5 percent. However, there could be some minor impact on margin which would be made up in the rest of the year," he adds.
- Sep 06, 2013 12:36 PM IST
According to Ashish Parthasarthy, after RBI issues free bank-branching circular, opening of new branches will become easier. He adds that the measures issued by the new RBI governor, if executed well, will change the landscape of banking in longer-term
- Aug 22, 2013 06:45 PM IST
Vaibhav Agarwal of Angel Broking is not surprised on the action. He told CNBC-TV18 that it would be sufficient to cover the margin for the next quarter as large loans get re-priced instantly.
- Aug 08, 2013 11:44 AM IST
According to Paresh Sukthankar, the short-term deposit rates that use to be at maybe 7-7.25 percent have now moved to 8.25-8.50 percent, clearly reflecting the short-term liquidity or tightness in the market
- Apr 08, 2013 10:22 AM IST
Even though there is no such big threat for rating downgrades, according to Ananda Bhoumik â€“ Director India Ratings, the domestic arm of global rating agency â€“ Fitch; non-performing loans (NPLs) are expected to rise till September, 2013.
- Mar 14, 2013 10:40 PM IST
Banking Secretary Rajiv Takru says Reserve Bank of India in talks with the banks involved in the Cobrapost string; would take firm action if anything wrong comes out.
- Feb 05, 2013 02:59 PM IST
HDFC Bank has been on a branch expansion spree in semi-urban and rural places over the last couple of years, outpacing rivals, as it hopes to reap rich dividends from the wealth creation in these centres when economic growth picks up in the coming years.
- Jan 21, 2013 11:22 AM IST
HDFC Bank, India‘s second largest private sector lender reported a consistent 30 percent year-on-year jump in its third quarter net profit at Rs 1859 crore. The bank‘s robust performance was driven by higher growth in other income and loan expansions in Q3.
- Oct 18, 2012 10:45 AM IST
Confident Aditya Puri, managing director, HDFC Bank expects the bank to continue to grow faster than the industry. "Our growth rate is a function of GDP, if GDP grows at 6.5-7%, so the system will grow at 15-17%. We grow between 4-6% percent faster than the market; I don't see this trajectory changing," he said in an interview to CNBC-TV18.
- Jul 02, 2012 02:15 PM IST
HDFC Bank has cut its minimum lending rate by 20 basis points, effective today. Speaking to CNBC-TV18, Paresh Sukthankar, Executive Director, HDFC Bank said that any change in base rate will depend on deposit rates, which in turn depends on liquidity.