The annualised premium equivalent of the life insurer rose by 17.6 percent in FY18 to Rs 7792 crore

Videocon Group has not given Rs 64 cr to any company or individual, says Venugopal Dhoot

In an interview to CNBC-TV18, Venugopal Dhoot of Videocon Group spoke about the ICICI Bank-Videocon row.

Very bullish on India, growth momentum is coming back on industry front: KV Kamath

I am very bullish on India. The recent numbers clearly indicate that the growth momentum is coming back particularly on the industry front, said KV Kamath, President of New Development Bank.

PSU bank recapitalisation plan is a positive step: Chanda Kochhar

Global Entrepreneurship Summit (GES) is underway in Hyderabad. In an exclusive chat with CNBC's Sri Jegarajah, MD and CEO of ICICI Bank Chanda Kochhar talks about the mega bank recapitalisation plan and what is the way forward.

Experts divided on whether Axis Bank NPA case may happen with other peers

Do not expect such high divergence for other banks and what happened with Axis Bank to happen with the peers, says Srikanth Vadlamani, VP-Financial Institutions Group, Moody's.

Jaiprakash Associates eyeing Rs 6000 cr topline from balance biz post UltraTech deal

Ours is Company, which honestly tried to restructure its debt even if that meant parting of precious assets because credibility is more important, said Manoj Gaur, Executive Chairman, JP Associates.

Loan book will continue to grow between 15-18%: HDFC

In an interview with CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the slash in home loan rates.

Development Finance Institutions: Need to rethink proposal?

The earlier avatar of wholesale financiers is DFIs - development finance institutions like IDBI, the old ICICI and IFCI. They failed and the first two got merged into their retail banks. But now with bank financing of infrastructure misfiring, is there a need to rethink the idea of DFIs

ICICI chief Kochhar says banks have cut rates faster than RBI

Even as banks have been accused of being behind the curve when it comes to cutting interest rates, ICICI Bank MD and CEO Chanda Kochhar says in the current financial year, they have been more proactive than the central bank itself.

Credit cost expected to be below 60 bps In FY17: IndusInd Bank

Speaking to CNBC-TV18 Romesh Sobti, MD & CEO of Indusind Bank said that CV sales in November weren‘t as bad as expected. December wasn‘t as bad as forecast.

ED finds 'unusual' activity in 200 bank a/cs in Mumbai: Srcs

Sources tell CNBC-TV18 that the Enforcement Directorate may have found unusual activity in over 200 accounts across banks in Mumbai. This unusual activity is believed to have occurred in the accounts of about six public and private sector banks.

Digitisation integral part of co; focus on B2B seg: Tech Mah

The company has been an integral part of digitisation and will continue to expand their horizons, said CP Gurnani, MD & CEO, Tech Mahindra.

Deposits surged Rs 32k cr since demonetisation: ICICI Bank Chief

The demonetisation move by the government has led to a spurt in value of transactions done via mobile and other online modes, says ICICI Bank‘s MD & CEO Chanda Kochhar. Digital and non-cash transactions have gained traction and a large number of inactive debit cards have also started being put to use, she says.

Demonetisation: India Inc reacts, says it holds long term gains

Pawan Munjal, Managing Director of Hero Motocorp and Madhavan Menon of Thomas Cook believe that demonetisation will aid in long-term but lead to short-term pain

Focus on serving customers; ATMs to open early evening: ICICI Bk

Speaking to CNBC-TV18 Chanda Kochhar, MD & CEO, ICICI Bank said the need of the hour was to make customers life easy and so all their branches were stocked up well to meet customers‘ needs.

Chanda Kochhar explains: How Essar deal will benefit ICICI Bank

The Essar Group has a total debt of about USD 17 billion, with ICICI being one of its largest lenders.

If Essar is going to repay debt, ICICI to gain: Angel Broking

Essar Group lenders gain on account of relief from the Essar-Rosneft deal. Siddharth Purohit, Senior Research analyst at Angel Broking speaking to CNBC-TV18 said that it is a positive development for ICICI Bank, one of the major lenders to the group.

Sub-9% marginal cost of lending rate is doable soon: SBI Chief

Speaking to CNBC-TV18, State Bank of India's Chairman Arundhati Bhattacharya said that the Essar deal will get the group's debt to move to another organisation and believed it was a good deal with Rosneft. “I am hoping it will help Essar Group to bring down leverage and stress they have in other accounts.”

Have fully complied with AQR but NPA pain not over: Andhra Bank

In an interview with CNBC-TV18, Andhra Bank MD and CEO Suresh N Patel said the bank had fully complied with the Reserve Bank of India's asset quality review guidelines that had called for stricter provisioning of doubtful accounts.

Buyers for stressed assets hard to find: ICICI Bank

Strategic debt restructuring is a useful tool, said Kochhar, adding, the bank has successfully managed to find a buyer for one of the companies it had invoked the restructure for.

JP Associates sells cement assets to UltraTech at Rs 15900 cr

Speaking to CNBC-TV18, Atul Dagga, CFO of UltraTech Cement, said the total capacity of the company post the acquisition will go up to 90 mtpa.

See underlying credit growth at 13-14%: Yes Bank

Rajat Monga, Chief Financial Officer & Senior Group President of Financial Markets, Yes Bank is confident of seeing an improvement in credit growth going forward and expects the underlying credit growth to be around 13-14 percent.

To raise Rs 600-650 cr via non-core asset sale by Mar: IDBI Bank

Managing Director and CEO Kishor Kharat says the bank has more than Rs 3000 crore of non-core assets and that it will raise Rs 600-650 crore by March 2016 by selling some of those assets

Examining options to recover Gammon Infra dues: Canara Bk

The bank has lent close to Rs 2000 crore to the infra company.

Expect nods for insurance biz stake sale next qtr: ICICI Bk

Indian's largest private sector lender, ICICI Bank, will be selling 6 percent stake in its joint venture (JV) ICICI Prudential Life Insurance and 9 percent stake in its general insurance arm.