Moneycontrol PRO
HomeNewsIndusindbank
Jump to
  • Q4 to outdo Q3; see rate cut post Budget: IndusInd Bank

    Romesh Sobti, MD and CEO of Indusind Bank expects Q4 to fare better than Q3 and Q1FY16 to surpass Q4 backed by rebalancing of books, softening of wholesale deposits cost and an uptick in vehicle finance business.

  • Expect better Q2, CV loan demand to pick up in Q4: IndusInd

    Expect better Q2, CV loan demand to pick up in Q4: IndusInd

    In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements.

  • Banks to face near-term asset quality, margin woes: Experts

    Banks to face near-term asset quality, margin woes: Experts

    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.

  • Expect stable NIMs, retail growth in FY14: IndusInd Bank

    Expect stable NIMs, retail growth in FY14: IndusInd Bank

    In an interview to CNBC-TV18, Romesh Sobti, managing director and chief executive officer, IndusInd Bank, says the bank will continue to post stable margins as there are very strong signals for rate reductions.

  • How banks will benefit from bond yield fall: Moses Harding

    How banks will benefit from bond yield fall: Moses Harding

    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.

  • No discernible trends in CV loans: IndusInd's Sobti

    No discernible trends in CV loans: IndusInd's Sobti

    IndusInd Bank is trying to seize opportunities in advisory services. With a network of 500 branches, the private sector lender is strengthening its investment banking arm by broking merger and acquisition as well as private equity deals. The bank rules out any credit quality threat arising out of its CV loans.

  • Cost of funds down, net interest margin to expand: IndusInd

    Cost of funds down, net interest margin to expand: IndusInd

    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.

  • IndusInd eyes Q4 margin growth; expects 25-50bps rate cut

    IndusInd eyes Q4 margin growth; expects 25-50bps rate cut

    IndusInd Bank reported a 30 percent year-on-year growth in its net profit in the third quarter of FY13. The private bank reported Rs 267 crore of net profit for the quarter ended December.

  • See stress on banks' credit profiles; PSUs risky: Experts

    See stress on banks' credit profiles; PSUs risky: Experts

    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.

  • See no asset quality concern, says IndusInd MD

    See no asset quality concern, says IndusInd MD

    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.

  • Reforms must not stop; economy can bounce back:Chadha

    Reforms must not stop; economy can bounce back:Chadha

    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.

  • No exposure to stressed out aviation space: IndusInd Bank

    No exposure to stressed out aviation space: IndusInd Bank

    IndusInd Bank’s restructuring story has paid rich dividends to shareholders and once again proved how the management change can turnaround the fortunes of the bank.

  • Hope to sustain 25-30% loan growth ahead: IndusInd Bank

    Hope to sustain 25-30% loan growth ahead: IndusInd Bank

    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."

  • Federal Bank not to jump into savings rate hike war

    Federal Bank not to jump into savings rate hike war

    Instead of jumping into the rate hike war, Kerala-based Federal Bank is in no hurry to increase its savings deposit rates. Rather, they may be planning to improve customers' service. This is despite the fact that its peer banks already upped savings deposit rates by 150-200 basis points.

  • IndusInd Bank expects FY12 loan growth at 25%

    IndusInd Bank expects FY12 loan growth at 25%

    Romesh Sobti, MD and CEO of IndusInd Bank talks to CNBC-TV18 about the first quarter results and the performance of the company, going ahead.

  • In focus: Will banks pass RBI's 25 bps rate hike to you?

    In focus: Will banks pass RBI's 25 bps rate hike to you?

    MV Nair, CMD, Union Bank says credit growth is falling but deposit rates are still very high. He expects to pass on the rate increases by the second half of FY12. Romesh Sobti, MD and CEO of IndusInd Bank says they have already passed on a 25 bps rate hike to their customers.

  • IndusInd Banks' gross yields one of highest among peers

    IndusInd Banks' gross yields one of highest among peers

    Romesh Sobti, MD and CEO, IndusInd Bank, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, gave his perspective of the fourth quarter performance and divulged future plans.

  • See stability in margins ahead: IndusInd Bank

    See stability in margins ahead: IndusInd Bank

    Ramesh Sobti, Managing Director, Indusind Bank, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the results and gives his outlook going forward.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347