Dec 27, 2017 06:22 PM IST
What a dream run it has been for the Indian equity market in 2017 - and who would have thought. If we rewind back and talk about all the gloom and doom that were surrounding us back in December of 2016; demonetisation and impending huge indirect tax reform. Well, the Indian market has come a long way and come on top.
- Dec 26, 2017 10:46 AM IST
Expect a 5-8 percent gold loan book growth in second half of FY18, said VP Nandakumar, MD & CEO, Manappuram General Finance
- Oct 30, 2017 10:44 AM IST
Bharat Financial Inclusion has written off Rs 470 crore of nonperforming assets (NPA) this year. CNBC-TV18's Abhishek Kothari caught up with MR Rao, MD & CEO of the company and asked him about how much of this amount they hope to recover.
- Oct 16, 2017 08:17 AM IST
IndusInd Bank on Saturday confirmed its acquisition of microfinance institution Bharat Financial Inclusion after over a month of exclusive merger arrangement. CNBC-TV18's Kevin Lee caught up with Bharat Financial's MD & CEO, MR Rao.
- Sep 11, 2017 09:23 AM IST
The agreement provides for a mutually agreed exclusivity period for due diligence and discussions to evaluate a potential strategic combination between the two companies.
- Jun 20, 2017 10:48 AM IST
After Maharashtra and Uttar Pradesh, Punjab waives off loans. In an interview to CNBC-TV18, MR Rao, MD & CEO of Bharat Financial Inclusion spoke about the share of loans in UP, Maharashtra and Punjab.
- Jun 07, 2017 11:13 AM IST
In an interview to CNBC-TV18, Romesh Sobti, MD & CEO of IndusInd Bank shared his expectations for FY18.
- Mar 10, 2017 12:11 PM IST
Even if BJP wins in UP, life for investors will not change much, says Samir Arora, Founder & Fund Manager at Helios Capital. On the other hand, if BJP disappoints then it would have mattered only for few days.
- Feb 10, 2017 01:59 PM IST
Speaking to CNBC-TV18, Uday Kotak said that the world could see a mega trend which is protectionism and in changing global narrative there will be some slowdown in trade.
- Nov 15, 2016 10:56 AM IST
In an interview with CNBC-TV18, Suresh Ganapathy of Macquarie Capital Securities said that unsecured loans and consumer durables are likely to see higher non-performing assets (NPAs) in the NBFC sector.
- Oct 17, 2016 01:10 PM IST
Terming the Essar Oil-Rosneft deal as a positive development for banks with large exposure, Shyamsunder Bhat of Exide Life said that there are several other positives such as size of the foreign direct investment in India that that can be taken from the deal.
- Sep 02, 2016 01:19 PM IST
â€œUnderlying mechanism to resolve (NPA) issue is not that great,â€ says Gautam Trivedi, MD & CEO of Religare Capital Markets.
- Aug 02, 2016 09:49 AM IST
In addition to Bharat Financial's Non-executive Chairman, Digant Haria of Antique Broking also spoke and he said the size of the company will matter when an NBFC wants to become a bank.
- Nov 13, 2015 11:04 AM IST
The government on Tuesday relaxed Foreign Direct Investment (FDI) norms in various sectors to boost investments in the country.
- Oct 15, 2015 04:36 PM IST
The ED has arrested one Manish Jain under the Prevention of Money Laundering Scam. Jain transferred more than Rs 500 crore through 70 fake bank accounts
- 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.
- Feb 12, 2015 11:42 AM IST
General Atlantic has nine companies in its portfolios and is likely to exit three by next year. It is open to exiting NSE via initial public offering (IPO) whenever promoters want to list it.
- Sep 17, 2014 10:33 AM IST
In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements.
- Mar 10, 2014 11:53 AM IST
Speaking to CNBC-TV18‘s Latha Venkatesh, VR Iyer CMD, Bank of India said the improvement in infrastructure sector can been seen only after the general elections.
- May 27, 2013 08:53 AM IST
The drop in the bond yields will not only boost trading income from huge excess SLR portfolio at over Rs 4 lakh crore but also improve the mark-to-market of HTM category. Banks will cut lending rates only when the operating policy rate shifts from repo to reverse repo, says Moses Harding, head of asset liability committee at IndusInd Bank.
- Apr 01, 2013 01:17 PM IST
IndusInd Bank has seen a slowdown in loan growth for commercial vehicles (CVs), says Romesh Sobti, MD and CEO of the Bank. However, Sobti expects an uptrend in the loan growth for medium and heavy commercial vehicle (MHCV) cycle from September onwards.
- Oct 11, 2012 12:18 PM IST
Ananda Bhoumik of India Ratings & Research however, does not feel that there is a likelihood of a ratings downgrade of banks at this stage. He acknowledges the fact that asset quality problems mainly persist with mid-sized public sector banks and believes Canara Bank is going through a turbulent phase at the moment.
- Oct 10, 2012 08:08 PM IST
Private sector lender IndusInd Bank expects to grow its business in the range of 25-30%. However, its core focus remains on basic banking of lending and deposits. According to Romesh Sobti, MD & CEO of the bank, it does not face any threat of asset quality. Both the corporate and retail loan books are not causing any worry.
- Oct 08, 2012 10:55 PM IST
The Forbes India Show introduces you to Gunit Chadha who recently moved from Mumbai to Singapore to take over as co-CEO of Deutsche Bank‘s Asia-Pacific division. He has also moved to the group executive Committee of Deutsche Bank.
- Nov 17, 2011 03:37 PM IST
Romesh Sobti, managing director and chief executive officer of IndusInd Bank said, "Saving bank customer is important to us from cross sell point of view. Also, in the short run there is some opportunity to move saving bank balances which are above say Rs 50 lakh."