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  • Expect funding from Indiabulls in April: Lakshmi Vilas Bank

    The board of Lakshmi Vilas Bank on April 12 approved the merger with Indiabulls Housing Finance.

  • Bankers bet on normalcy returning in month, flag sectors in pain

    Bankers bet on normalcy returning in month, flag sectors in pain

    Arun Tiwari, CMD, Union Bank of India said confidence of getting cash whenever needed will return back for people in a month or so. He said RBI is now in a better position to supply currency.

  • Inflows of Rs 2000 cr due to demonetisation: Lakshmi Vilas Bank

    Inflows of Rs 2000 cr due to demonetisation: Lakshmi Vilas Bank

    Seen inflow of Rs 2,000 crore due to demonetisation, says Parthasarathi Mukherjee, MD & CEO of Lakshmi Vilas Bank.

  • Banks past NPA crisis, normalisation 3-4 qtrs away: Exide Life

    Banks past NPA crisis, normalisation 3-4 qtrs away: Exide Life

    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.

  • Have shareholder nod to issue over Rs 4 cr worth equity: LVB

    Have shareholder nod to issue over Rs 4 cr worth equity: LVB

    In the interview NS Venkatesh of Lakshmi Vilas Bank said that the bank needs to increase its capital adequacy at this stage but has not planned but a definite time schedule has not been finalised yet.

  • Good demand from MSMEs, but cautiously lending: Lakshmi Vilas Bk

    Good demand from MSMEs, but cautiously lending: Lakshmi Vilas Bk

    On the appointment of Urjit Patel as the next RBI Governor, Venkatesh says Patel brings in continuity and stability to the central bank's policy so far

  • Scope for 25-50 bps fall in lending rates: HDFC Bank

    Scope for 25-50 bps fall in lending rates: HDFC Bank

    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.

  • Payment banks: Premature to fear or is the threat real?

    Payment banks: Premature to fear or is the threat real?

    How are small and payment banks going to affect the business of existing small banks? Palaniappan Manickam, CFO, Lakshmi Vilas Bank and Ashvin Parekh, Managing Partner At Ashvin Parekh Advisory Services discuss.

  • Base rate cut by 25 bps; see 23% loan growth: Lakshmi Vilas

    Base rate cut by 25 bps; see 23% loan growth: Lakshmi Vilas

    In an interview with CNBC-TV18, Rakesh Sharma, MD & CEO of Lakshmi Vilas Bank said deposit rate cuts in June enabled it to reduce base rates for the customers second time this year.

  • Fund raising to improve CAR to 14.50%: Lakshmi Vilas Bank

    Fund raising to improve CAR to 14.50%: Lakshmi Vilas Bank

    Lakshmi Vilas Bank has raised Rs 406 crore via rights issue. In an interview to CNBC-TV18, MD and CEO Rakesh Sharma said the funds raised will be sufficient for 2 years.

  • All eyes on RBI for final banking guidelines: Aditya Birla

    All eyes on RBI for final banking guidelines: Aditya Birla

    Sachindra Nath, Religare Enterprises and Ajay Srinivasan, CEO, Financial Services, Aditya Birla Group discuss about the newly-passed banking amendment bill.

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