-
In an interview to CNBC-TV18, Mahabaleshwara MS, MD & CEO of Karnataka Bank spoke about the latest happenings in the bank and what's in store for the banking sector in 2018.
-
Karnataka Bank is in focus after the bank called for a board meeting to appoint consultants to explore transformational opportunities. In an interview to CNBC-TV18, Mahabaleshwara MS, MD & CEO of Karnataka Bank spoke at length about the same and his outlook going ahead.
-
In an interview to CNBC-TV18, Mahabaleshwara MS, MD & CEO of Karnataka Bank spoke about the latest happenings in the bank and his outlook for the rest of FY18.
-
Karnataka becomes the fourth state to waive off farm loans. Waiver of loans disbursed by cooperatives to cost the state over Rs 8,000 crore. Karnataka Chief Minister (CM) urges the centre to forego loans by nationalised bank as well. “As far as this is not going to affect the repayment culture, we are not that much concerned,” Mahabaleshwara MS, MD & CEO, Karnataka Bank told CNBC-TV18.
-
“Non-performing assets (NPA) resolution ordinance of central government and the prompt correction action initiated by Reserve Bank of India (RBI) are in right direction and are going to help the banks to attempt this NPA menace in its right perspective”, Mahabaleshwar MS, MD & CEO, Karnataka Bank told CNBC-TV18.
-
The bank saw a drop in gross NPA levels to 3.44 percent in FY16 from 2.95 percent in year before. This was mainly because of the bank's limited exposure to steel companies and large corporates, says Managing Director P Jayarama Bhat.
-
In an interview to CNBC-TV18, P Jayarama Bhat, MD, Karnataka Bank, talks about the company‘s third quarter results and its future outlook.
-
HDFC Bank's Sukhthankar says the cyclical factors for creation of non-performing loans may have played out, but some borrower-specific issues still remain. On the entry of small banks and payment banks, Sukhthankar says the market is large enough to accomodate additional players.
-
Karnataka Bank has recovered Rs 175 crore this quarter against Rs 102 crore during the same period last year, the bank's CEO P Jayrama Bhat said.
-
P Jayarama Bhat, MD, Karnataka Bank, in an interview with CNBC-TV18 said that the bank was able to contain NPAs this quarter due to recoveries that happened in the last quarter.
-
Karnataka Bank's managing director P Jayarama Bhat expects gross non performing assets are likely to improve to 2.25-2.50 percent by 2014-end.
-
Karnataka Bank has set itself a gross NPA target of less than 2.5 percent and net NPA target of less than 1 percent for this financial year.
-
Reserve Bank governor Raghuram Rajan has said there is going to be a bigger opening because they could contemplate new rules for the entry of foreign banks. It may even allow them to take over Indian banks.
-
Jayarama Bhat, MD of Karnataka bank expects the FY14 net interest margin (NIM) to be around 3 percent on the back of its profit falling 19 percent.
-
The profit before tax gained 77 per cent y-o-y to Rs 117 crore. In an interview to CNBC-TV18, P Jayarama Bhat, MD of Karnataka Bank said that The gross NPA has gone up from Rs 729 crore to Rs 781 crore. However, two accounts are pending in CDR and if it is considered then the gross NPA level will come down.
-
P Jayarama Bhat, managing director and chief executive officer of Karnataka Bank says, he sees net interest margin (NIM) over 3% by March 2013.
-
Managing director of Karnataka Bank P Jayarama Bhat tells CNBC-TV18 that they aim to grow total advances by 22% year on year for FY12.
-
While every macro economic parameter is looking difficult, perhaps the most important one will be growth. CNBC-TV18 catches up with the chairman of the country's biggest bank, Pratip Chaudhury of SBI to get a sense of where the economy is headed in 2012.
-
The bank had guided to post 25% growth in advances in FY12 and it maintains the same. "We are giving interest on retail advances and there is a robust increase in the retail advances growth," Bhat explained.
-
Speaking to CNBC-TV18, P Jayarama Bhat, managing director of Karnataka Bank, said that the bank expects credit growth of 25-30% and deposit growth of 20% in FY12. The bank has also increased its base rate to 10.25% with effect from today.
