December 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.
December 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
October 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.
October 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.
September 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.
June 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.
June 07, 2017 11:13 AM IST In an interview to CNBC-TV18, Romesh Sobti, MD & CEO of IndusInd Bank shared his expectations for FY18.
March 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.
February 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.
November 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.
October 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.
September 02, 2016 01:19 PM IST “Underlying mechanism to resolve (NPA) issue is not that great,†says Gautam Trivedi, MD & CEO of Religare Capital Markets.
August 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.
November 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.
October 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
September 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.
February 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.
September 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.
March 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.
April 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.
October 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.
October 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.
October 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.
November 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."
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