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  • 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.

  • Won't revise rates soon; aim to maintain NIM at 2.85%: OBC

    Cash flows are under a lot of pressure which has resulted in a slight increase in gross NPA and net NPA, says OBC CMD SL Bansal. Meanwhile, the bank aims to maintain net interest margin in the range of 2.85-2.87 percent ahead.

  • 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

  • B/S firm on provisions; 25-bps cut in rates likely: OBC

    B Nayyar, ED, Oriental Bank of Commerce (OBC) says, in an interview to CNBC-TV18, that the balance-sheet has been strengthened with 63-percent provisioning and adds that a 25-bps cut in deposit rates is likely.

  • 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.

  • Expect Q4 margins to be better than Q3: OBC

    The Q3 margins stood at 2.84 per cent as compared to 2.79 per cent quarter on quarter basis. In an interview to CNBC-TV18, SL Bansal, Chairman & MD, OBC said, 'We are expecting that our margin in the next quarter will be much better. It should be close to 2.95 per cent".

  • 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.

  • Confident of achieving over 3% on NIMs in FY13: OBC

    Talking about the bank‘s net interest margins, SL Bansal, CMD of Oriental Bank of Commerce said, "We closed last financial year at 2.68%. We had given a guidance of 3%. Now we have moved to 2.76% and I am confident going forward we will be crossing 3% margin for FY13."

  • Debt rejig to help DISCOMs become profitable in 3 yrs: OBC

    CMD of the Oriental Bank of Commerce SL Bansal tells CNBC-TV18 that the debt restructuring of DISCOMs will ensure that they become profitable in three years.

  • NPA recovery around 50%; banks' positive signal vital: OBC

    In an interview to CNBC-TV18, SL Bansal, CMD, Oriental Bank Of Commerce explains it is important for banks to set the tone and change the mood of the economy by sending out a positive signal that will stimulate increased investment.

  • OBC sees FY12 deposit growth at 15%; Q4 slippages = Q3

    SL Bansal, chairman and managing director of OBC in an interview to CNBC-TV18 spoke about the latest happenings in the company and the road ahead.

  • Will tackle ICRA's concerns; NIMs to steady from June: OBC

    In an interview to CNBC-TV18, SL Bansal, chairman and managing director, OBC says the worst is over and is optimistic that the bank will be on the upward trajectory.

  • RBI to split CMD post for PSU banks; experts debate outcome

    The Reserve Bank of India’s governor today has proposed to separate the chairman and managing director or CEO position in PSU banks. Sharing their views and possible reason behind this move to CNBC-TV18, experts KR Kamath, chairman of Punjab National Bank and BD Narang, ex-chairman of Oriental Bank of Commerce read the road ahead.

  • Indian banks better placed than global peers: ex-OBC Chmn

    Many banks, including the public sector banks, have bleeding for a while now, but on Thursday they intensified the losses. Ex-chairman of Oriental Bank of Commerce (OBC), BD Narang ranked banks in India at a much better place than any other banks around the world.

  • Oriental Bank expects 20-22% credit growth in FY12

    In an interview with CNBC-TV18, SC Sinha, ED, Oriental Bank of Commerce said the government has indicated it would be increasing its holding from 51% to 58%.

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