Jul 04, 2013 01:05 PM IST
Getting bank licence would add value to IFCI, but in any case it is not end of the world as the company has expertise in various fields. Of the recent assets that have turned NPA, some are related to the general stress in the economy. Most of them are backed by good securities and we aim to bring them out of NPA
- 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.
- Apr 06, 2013 03:31 PM IST
In a chat with Shereen Bhan, ICICI Bank, managing director Chanda Kochhar said that resilience factors for SMEs are smaller, but she believes investment will return soon in the sector.
- 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 08, 2013 07:25 PM IST
SREI Infra announced that it is keen to offload the United Spirits (USL) shares it holds as underlying security on the 430 crore Kingfisher loan it bought from ICICI Bank. Sunil Kanoria, CMD, SREI Infra spoke to CNBC-TV18 regarding the KFA collateral sale plans.
- Dec 07, 2012 11:09 AM IST
With inflation still hovering at 7.4%, one should not expect interest rates to decline substantially at least till March 2013, Chanda Kochhar, MD & CEO, ICICI Bank.
- Oct 25, 2012 05:19 PM IST
Sanjiv Goenka of CESC told CNBC-TV18 the company will acquire 49.5% equity in FirstSource Solutions for Rs 280 crore.CESC is scheduled to buy 5% each from three FirstSource shareholders including ICICI, Temasek and Fidelity. Thereafter, CESC would provide an open offer at Rs 12.10 per share.
- Jun 28, 2012 10:16 AM IST
ICICI Bank, India's number two bank by assets, is betting on a renewed focus on its retail loan book to expand its profit margins as well as bottomline this financial year. In an interview to moneycontrol.com, Chanda Kochhar, MD and CEO said that she expected retail loans to account for nearly 40% of the overall book, up from 35% last year.
- Apr 20, 2012 02:04 PM IST
Yesterday, the country's largest private sector lender ICICI Bank cut its lending and deposit rates by 25 basis points. In an interview to CNBC-TV18, Chanda Kochhar, managing director and chief executive officer of ICICI Bank said, she doesn‘t see pressure on profits due to the base rate cut.
- Nov 24, 2011 08:27 AM IST
Vikram Akula, founder of SKS Microfinance resigned from the board yesterday. PH Ravikumar, an independent director on the board of SKS India and former chief executive officer of NCDEX is taking over as the interim non-executive chairman of the only listed microfinance instiutution.
- Nov 21, 2011 09:08 AM IST
Along with the traditional private sector elites like HDFC Bank or ICICI Bank, Kerela-based Federal Bank, of late, has emerged as a darling of the stock market. In the last one year, its shares fell 17.35% as against a drop of 27.40% in the 14-share Bankex, a barometer of banking stocks in the BSE.
- Nov 10, 2011 06:36 PM IST
The Indian banking industry is having a tough run lately. After coming out with a mixed set of second quarter numbers, the industry was in for a rude shock from rating agency Moody's that cut its outlook for the Indian banking system.
- Aug 23, 2011 03:20 PM IST
The RBI governor D Subbarao today hinted the new bank license rules may allow corporates to promote banks. Naina Lal Kidwai, group general manager and country head of HSBC India, SBI chairman Pratip Chaudhuri Chairman and Chanda Kochhar, managing director and CEO of ICICI Bank shared their views with CNBC-TV18 on this issue.
- Aug 13, 2011 12:40 PM IST
Veteran banker KV Kamath, chairman of ICICI Bank says that Indian banks have not over-exposed themselves to European banks, hence assuring that they will not be largely impacted.
- Jun 30, 2011 01:55 PM IST
In an interview with CNBC-TV18, V Vaidyanathan, CMD, Future Capital Holdings said that gold loan business is likely to yield attractive margins. For FY12, he sees the loan book growth at Rs 5,000 crore as against Rs 2,900 crore in the same period last year.
- Jun 18, 2011 03:50 PM IST
Chanda Kochhar, MD & CEO, ICICI Bank sees banking sector growing at a robust pace of 18-20% in coming months despite the slowdown in the economy.
- Apr 30, 2011 07:45 PM IST
In an interview with CNBC-TV18, Chanda Kochhar, MD and CEO, ICICI Bank clarifies that Kamath will continue to remain non-executive chairman of ICICI Bank. Kamath's appointment at Infosy will not affect his role at ICICI Bank, she adds.
- Apr 21, 2011 11:13 PM IST
Speaking exclusively to CNBC-TV18, ICICI Banks' MD and CEO says the bank is ready to embark on a growth path after two years of consolidation, with the focus clearly on enhancing profitability.
- Feb 11, 2011 04:20 PM IST
Real estate developer DB Realty has come under a negative light after the arrest of its MD Shahid Balwa in connection with the 2G spectrum scam investigations. However, Vinod Goenka, co-promoter of DB Realty said that DB Realty & Etisalat-DB have no equity or any connection.