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  • Have communicated our claim to PNB with regards to Nirav Modi fraud: SBI

    The four-day, Kotak Institutional Equities-Chasing Growth Conference is underway in Mumbai. In an interview to CNBC-TV18, Rajnish Kumar, Chairman of State Bank of India (SBI), from the sidelines of the conference, spoke about the latest happenings in SBI and also shared his views on the fraud at Punjab National Bank (PNB).

  • New lending rate rules unlikely to impact margins: SBI

    The new regime, however, won't affect the margins of State Bank of India, says its MD Rajnish Kumar, adding they (margins) would be protected through efficient asset liability management.

  • Gyan Sangam should deliberate on how to dispose off NPAs: OBC

    On the sidelines of the second edition of a two-day conference, Gyan Sangam, CNBC-TV18 brings SL Bansal, Ashvin Parekh and Hemindra Hazari to talk about the non-performing loans (NPL) menace banks have been facing with in its special series 'Gyan for Banks'.

  • Money laundering scam: ICICI, OBC, Axis Bank in ED's net

    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

  • Discoms haven't gained from financial rejig: Feedback Infra

    RS Ramasubramaniam, co-chairman of Feedback Infra, says power requirement has grown by 5 percent in the last 5 years, while availability has historically grown by 6-6.5 percent. Power contraction was around 10 percent in April 2015 versus historical growth rate.

  • Will maintain NIMs at current level in coming quarters: OBC

    Suresh N Patel, E-D, Oriental Bank of Commerce doesn't expect slippages to worsen from September quarter levels.

  • Examining legal implications involved in Airbus issue: UBI

    Discussing the latest developments, Deepak Narang, ED, United Bank of India, said the bank had given money to Airbus on behalf of Kingfisher and its unethical of them (Airbus) not to deliver post taking money.

  • Banks must set deficiencies right to check frauds: BoI

    In an interview to CNBC-TV18, VR Iyer, CMD, Bank of India, said that in the wake of rising instances of bad loans and frauds coming to light, the finance ministry has written to all banks asking them to be cautious.

  • Nipped FD scam in bud; recovered Rs 110 cr: OBC

    According to media reports, the Finance Ministry has unearthed a scam involving public sector banks. According to it, OBC and Dena Bank's Mumbai branches misappropriated Rs 436 crore worth funds.

  • OBC expects NPA woes to ease Sept quarter onwards

    SL Bansal believes corporate loans will be the next trigger point where some slippages can happen.

  • CERC order will aid discoms' finances: OBC

    SL Bansal, chairman and managing director, Oriental Bank of Commerce, says the bank won't convert any loans to bonds for dicoms in Q4.

  • Discoms paying power cos after debt recast, OBC confirms

    After media reports suggested that the UP State Electricity Board (SEB) had recast its loans, CNBC-TV18 spoke with Oriental Bank of Commerce Chairman SL Bansal -- one of the bankers who is part of the consortium -- who confirmed the news.

  • Expect asset upgrades before quarter-end: OBC

    In an interview to CNBC-TV18, SL Bansal, CMD, Oriental Bank of Commerce spoke about the latest happenings in his bank and the road ahead.

  • Lenders will benefit post SEB bailout: OBC

    The bank itself doesn‘t have much exposure in the Bihar and Jharkhand, but has a small one in Andhra Pradesh.

  • Cut interest rates to revive retail credit: PNB's Kamath

    Punjab National Bank and Oriental Bank of Commerce on Tuesday cut interest rate on auto and consumer durable loans up to 2.50 percent to cash in on festive demand, a few days after government promises more funds to PSU banks.

  • On-tap licence good idea, but are there shortage of banks?

    Banks are positive on some of the steps taken by the Reserve Bank (RBI). They are also positive on differential banking and the need to create a central repository for corporate exposure.

  • Most of banks' losses have been taken care of by RBI: OBC

    In an interview to CNBC-TV18, SL Bansal, CMD, Oriental Bank of Commerce said that before July 15 most of the banks were sitting on reasonable profits, then the yields started moving northwards and banks were sitting on the huge losses. However, now most of the losses have been taken care of by RBI's decision on Tuesday.

  • Add'l subvention, priority status may aid exporters: OBC

    SL Bansal, chairman and managing director (CMD) of Oriental Bank of Commerce (OBC) speaks to CNBC-TV18 about the government's decision to increase the export subvention rate from two to three percent.

  • Most PSU banks to cut rates; margins to take a hit: OBC

    Most of the PSU banks will follow the suite of cutting key interest rates, said SL Bansal, CMD of Oriental Bank of Commerce. Finance Minster P Chidambaram had asked the banks to cut rates to boost investor sentiment in the economy.

  • Haryana discom restructuring under process: OBC CMD

    Banks are believed to have restructured loans of Rs 14,700 crore given to Haryana state power distribution companyt (discom). In a consortium of 11 bankers Oriental Bank of Commerce (OBC) is the lead banker with Rs 2,000 crore exposure.

  • Exporters to gain 1.5-2% on priority sector inclusion: OBC

    Committee headed by G Padmanabhan, ED, RBI, has recommended that export credit be allowed to be a part of priority sector lending (PSL) for all commercial as well as foreign banks for a period of three to five years

  • Punjab power discom fiasco: OBC, Canara not perturbed

    SL Bansal, CMD, Oriental Bank of Commerce and RK Dubey, chairman, Canara Bank, in a discussion on CNBC-TV18, say that they expect no default or delay in payments from the Punjab Electricity Board and have decided not to fund discoms that are financially unviable.

  • RBI norms to make parties in CDR responsible: OBC

    SL Bansal, chairman and managing director Oriental Bank of Commerce (OBC) explains, on CNBC-TV18, that the guidelines will significantly safeguard banks and restore an element of responsibility in the process of debt-restructuring.

  • Q3 bottom-line to see subdued growth: OBC

    SL Bansal, CMD, Oriental Bank of Commerce, says that net profit of most of the banks will show subdued growth in the third quarter.

  • Have Rs 18000cr exposure to agri sector: OBC

    With monsoons giving a slip this time, banks having exposure to agriculture loans may have reasons to worry.

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