Hinting at the fact that another lending rate cut may not come very soon, Ananthasubramanian said that all banks have brought huge cuts to the MCLR (marginal costs of funds based lending rates) after demonetisation already and these cover all the benefits the RBI passed onto the banks.

Average cost of borrowing in Q3 declined to 6.38%: PNB Gilts

The average borrowing cost in Q3 was 6.38 percent compared to 6.88 percent for the same period last fiscal, said SK Dubey, MD, PNB Gilts.

Credit cost expected to be below 60 bps In FY17: IndusInd Bank

Speaking to CNBC-TV18 Romesh Sobti, MD & CEO of Indusind Bank said that CV sales in November weren‘t as bad as expected. December wasn‘t as bad as forecast.

Deposits of Rs 42,000 cr have come in: PNB Chief

In conversation with CNBC-TV18, Usha Ananthasubramanian, MD & CEO of Punjab National Bank (PNB), said 200 branches of PNB have been working in double shifts.

Demonetisation to impact NBFCs for next 3-4 months: Macquarie

In an interview with CNBC-TV18, Suresh Ganapathy of Macquarie Capital Securities said that unsecured loans and consumer durables are likely to see higher non-performing assets (NPAs) in the NBFC sector.

Intent is to bring gross NPA below FY16 levels: PNB Chief

In an interview to CNBC-TV18 Usha Ananthasubramanian, MD & CEO, PNB said that the way forward is to reduce slippages.

Q2 slippages may be in Rs 2,000-2,500 cr range: Andhra Bank

Andhra Bank's MD & CEO Suresh Patel says large accounts particularly in the construction and iron and steel are major contributors to slippages.

Bad loan recovery, account upgrades better in Q1: PNB

In an interview to CNBC-TV18, Ananthasubramanian says the bank's savings deposits grew 14 percent year-on-year during the quarter. Also, the share of Current Account and Savings Account (CASA) funds has risen to 41.4 percent vs 38.9 percent on a YoY basis

Targeting recovery of loans worth Rs 15-20k crore in FY17: PNB

Expect the bank's loan book to grow by 10 percent going forward, says Usha Ananthasubramanian, MD & CEO, Punjab National Bank.

Enough is enough as far as GST proceedings go: Arun Jaitley

In a free-wheeling chat with CNBC-TV18's Shereen Bhan, the Finance Minister said that even if Congress doesn't support GST Bill, he will allow Parliament to do its job. Among other topics, he spoke on the need for consolidation among public sector banks.

JP Associates deal to boost UltraTech capacity: Angel Broking

Sharing his views on Vijay Mallya's debt repayment plan, Siddharth Purohit, Senior Research Analyst, said that the question will shift to how the deal is structured and the source of payment.

Asset quality pain not over yet; see 10-11% Q4 credit growth:PNB

Speaking to CNBC-TV18, Usha Ananthasubramanian, MD & CEO of the bank says that while the process to clean up books has begun, lot of bad asset pain still remains.

Target 2.8-3% NIMs; focus on retail biz: Punjab National Bk

The bank's profit increased by 8 percent year-on-year (YoY) to Rs 621 crore, impacted by lower other income, slow growth in operating profit & net interest income and increase in provisions.

Kotak Mahindra, YES Bank cut base rate by 25 bps

The lower base rates for both the banks will come into effect from October 5, 2015.

PNB weakest amongst state banks due to NPLs: Fitch

Saswata Guha, Director – Financial Institutions, Fitch Ratings (India) told CNBC-TV18 that despite injection of capital by the government, PNB‘s balance sheet has inadequate capital to meet uncertain risks.

Will refinance Rs 3k cr loans in Q2; slippages to ease: PNB

In an interview to CNBC-TV18, Punjab National Bank executive director Ram Sangpure says of the loans to be refinanced, 70 percent are from steel sector and 30 from power.

Will end this fiscal with good results: PNB

Gauri Shankar, MD & CEO, Punjab National Bank (PNB) spoke to CNBC-TV18 post quarterly result announcement.

Economic growth can end banks' NPLs in next 3 yrs: Experts

Dr Charan Singh, Professor of economics, IIM Bangalore and Mr Sharad Sharma, Managing Director, State Bank of Mysore talk about resolving the worry for banks, augmenting NPAs.

Won‘t have as many slippages in Q1 like last year: PNB

Speaking to CNBC-TV18, Ram Sangapure, ED, PNB says the bank has been conservative in lending to the steel sector since/for the last 2 years but the steel segment lending won‘t be curtailed.

Aim to maintain 12% CAR for next 4-5 years: PNB

Ram Sangapure, ED, Punjab National Bank said the bank has already made its capital requirment presentation to the government for FY16, FY17, FY18.

Have to monetise assets worth Rs 1k cr for CDR: Ramky

Vijay Kumar, chief financial officer, Ramky Infra says the company will have to monetize assets worth Rs 1,000 crore in the next three years.

Will focus on retail, SME, agri over the next 1-2 yrs: PNB

PNB does not expect Q1 slippages to be more than Rs 7,000 crore.

Eye lower slippages ahead, says PNB's Gauri Shankar

The state-owned bank does not have even a single big account in pipeline as far as restructuring is concerned.

Absence of top mgmt impacting other PSU banks' Q3 nos: SBI

State Bank of India saw a significant improvement in its asset quality. Gross non-performing assets (NPA) stood at 4.90 percent of gross advances in Q3FY15 against 4.89 percent in previous quarter and 5.73 percent in the year-ago period.

May see slippages worth Rs 500-700cr in Q4: Punjab Natl Bk

The bank's gross non-performing assets (NPA) rose to 33.8 percent on yearly basis (up 7 percent sequentially) to Rs 22,211 crore. The net NPA grew 51.8 percent Y-o-Y (up 18.7 percent Q-o-Q) to Rs 13,788 crore in the quarter gone by.