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  • Attempt is to bring down gross NPA to 5%, says Indian Bank Jul 21, 2017 03:50 PM IST

    Attempt is to bring down gross NPA to 5%, says Indian Bank

    Indian Bank posted a stellar set of first quarter numbers. Net interest income (NII) growth was the best for the company in recent times and asset quality continues to improve.

  • Q2 slippages may be in Rs 2,000-2,500 cr range: Andhra Bank Aug 08, 2016 09:32 AM IST

    Q2 slippages may be in Rs 2,000-2,500 cr range: Andhra Bank

    Andhra Bank's MD & CEO Suresh Patel says large accounts particularly in the construction and iron and steel are major contributors to slippages.

  • Expect 10-11% loan growth in current fiscal: Indian Bank CEO Aug 02, 2016 03:24 PM IST

    Expect 10-11% loan growth in current fiscal: Indian Bank CEO

    There will be no major pains with respect to slippages, says Jain. Out of the Rs 825 crore fresh slippages in Q1 of current fiscal, Rs 93 crore was an addition due to existing non-performing assets (NPA). Also there was a Rs 758 crore recovery and upgradation.

  • NPLs to improve by year-end; focus on retail: Indian Bank Nov 02, 2015 03:37 PM IST

    NPLs to improve by year-end; focus on retail: Indian Bank

    The bank will focus on the retail segment and expects 11-12 percent loan growth in FY16, Mahesh Kumar Jain, MD & CEO of Indian Bank said.

  • PNB weakest amongst state banks due to NPLs: Fitch Sep 01, 2015 12:52 PM IST

    PNB weakest amongst state banks due to NPLs: Fitch

    Saswata Guha, Director – Financial Institutions, Fitch Ratings (India) told CNBC-TV18 that despite injection of capital by the government, PNB‘s balance sheet has inadequate capital to meet uncertain risks.

  • Eyeing 13% credit growth; 150 new branches: Indian Bank Jul 23, 2015 04:37 PM IST

    Eyeing 13% credit growth; 150 new branches: Indian Bank

    The reason for the 4 percent net profit growth was that the bank had to provide depreciation on the investment book because of a spike in the yield curve due to the Greece issue, says M K Jain, MD and CEO of Indian Bank.

  • Recovered over Rs 531 crore from NPL a/cs: Indian Bank Jan 23, 2014 04:56 PM IST

    Recovered over Rs 531 crore from NPL a/cs: Indian Bank

    Indian Bank‘s fresh slippages in the third quarter stood at Rs 531 crore against Rs 700 crore quarter-on-quarter.

  • Despite Rs 400cr loan, Indian Bank to prop Lanco Infra CDR Jul 29, 2013 03:35 PM IST

    Despite Rs 400cr loan, Indian Bank to prop Lanco Infra CDR

    In an interview to CNBC-TV18, TM Bhasin, CMD, Indian Bank spoke about Q1 numbers and exposure to Lanco Infratech, which has proposed debt recast for loans worth Rs 7500 crore.

  • No cut in lending rates; see net NPA below 2%: Indian Bank May 09, 2013 08:08 PM IST

    No cut in lending rates; see net NPA below 2%: Indian Bank

    TM Bhasin, chairman and MD, Indian Bank says, in an interview to CNBC-TV18, that there will be no cut in lending rates and going ahead, net NPA is expected to be less than 2 percent.

  • High NIM, reduced NPA boosted Q1 results: Indian Bank Jul 23, 2012 06:51 PM IST

    High NIM, reduced NPA boosted Q1 results: Indian Bank

    Indian Bank has announced its results for the first quarter. Chairman and managing director TM Bhasin explains to CNBC-TV18 the various aspects of the company‘s performance during the quarter including the significant improvement in asset quality.

  • Cash recovery Rs 500 cr plus, FY12 NIM at 3.5%: Indian Bank Jan 30, 2012 02:50 PM IST

    Cash recovery Rs 500 cr plus, FY12 NIM at 3.5%: Indian Bank

    CNBC-TV18 catches up with T M Bhasin, chairman and managing director of Indian Bank to get a rounded view of the quarterly numbers and the way ahead for the bank.

  • Good recoveries in Q2 ensured profitability: Indian Bank Oct 31, 2011 03:21 PM IST

    Good recoveries in Q2 ensured profitability: Indian Bank

    CMD of Indian Bank, TM Bhasin told CNBC-TV18 that their good profitability came on account of good recoveries in the quarter.

  • Expect FY12 NIMs to be at 3.5%: Indian Bank Jul 29, 2011 04:11 PM IST

    Expect FY12 NIMs to be at 3.5%: Indian Bank

    Reporting a net profit of Rs 407 crore versus Rs 368 crore, its first quarter results for FY12, chairman and managing director of Indian Bank, TM Bhasin says, “For the year as a whole, we expect the NIMs to be around 3.5%."

  • Indian Bank expects 25% loan book growth in FY12 May 04, 2011 04:04 PM IST

    Indian Bank expects 25% loan book growth in FY12

    In an interview with CNBC-TV18, TM Bhasin, CMD, Indian Bank says, the bank expects 25% loan book growth and 25% deposit growth in FY12.

  • Indian Bank to focus on retail deposits, recoveries in FY12 Apr 25, 2011 01:37 PM IST

    Indian Bank to focus on retail deposits, recoveries in FY12

    In an exclusive interview with CNBC-TV18, Indian Bank’s chairman and managing director TM Bhasin says the company is likely to continue to grow on the core business of retail deposits and recoveries in FY12.

  • Indian Bank says will focus on retail, recovery this year Apr 23, 2011 04:44 PM IST

    Indian Bank says will focus on retail, recovery this year

    Indian Bank has come out with its numbers. The net interest income the NII for FY11 has been risen by 27% to come in at Rs 4,036 crore. The profit is higher by 10% at Rs 1,714 crore.

  • See 27-28% advances growth in Q4: Indian Bank Feb 01, 2011 03:51 PM IST

    See 27-28% advances growth in Q4: Indian Bank

    In an interview with CNBC-TV18, TM Bhasin, CMD, Indian Bank, spoke about the third quarter results and gives his outlook going forward.

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