State Bank of India chairman Arundhati Bhattacharya feels the Suzlon did the right thing by selling its overseas arm. The company can repay debts, improve its books and take advantage of the government reforms.

Ratnagiri Gas & Power still a standard asset: IDBI

BK Batra, executive director and group head-corporate banking, IDBI Bank says the lender banks-SBI, IDBI and ICICI- hold 24 percent equity of Ratnagiri Gas and Power Private Limited.

Need quality boards for better corporate governance: SBI

The most crucial issues expected to be raised during the two-day event include asset quality concerns, financial inclusion, human resources, consolidation, risk management.

May get Rs 600-700 cr for entire stake in CARE: IDBI Bank

BK Batra, DMD of IDBI Bank says the timing seems right to monetize a part or its entire stake in CARE. He believes the bank can get between Rs 600 crore and Rs 700 crore for its entire shareholding.

RBI nod to recast project loans will boost infra: Experts

Earlier, banks were allowed to restructure only those project loans sanctioned after July 15 this calendar

Need to ensure infra projs' viability for restructuring:SBI

Arundhati Bhattacharya, chairman, SBI says the new infra, core sector project refinancing norms are a relief. "We were wanting it for existing projects, that has been permitted. So, this will enable us to better match the cash flows with the repayments," she adds.

Hope to contain gross NPA below 5% this quarter: Andhra Bk

The farm loan waiver of up to Rs 1.5 lakh per family announced by Andhra Pradesh Chief Minister Chandrababu Naidu is getting implemented today.

Q3 margins may not reflect lower deposit rates: Federal Bk

The commercial private sector lender expects net interest margins in the range of 3.2-3.3 percent for Q3.

See rate cut post Budget; better credit growth in 2015: SBI

Arundhati Bhattacharya expects the central bank to undergo a series of rate cuts in 2015, starting with at least a 50 bps cut in March.

Uday to smoothen Kotak-Vysya integration woes: Ex-SBI chmn

After the merger, Kotak Mahindra Bank will become India's fourth largest private sector lender . The merger would be done through a share swap in which 725 equity shares of Rs 5 each of Kotak Mahindra will be issued for every 1,000 shares of Rs 10 each held in ING Vysya Bank.

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.

PNB cuts term deposit rates for up to 1 year to 8.5%

In an interview to CNBC-TV18, KR Kamath, CMD, PNB, said the liquidity available in the system is enough to meet credit demand, however the rate cut in retail deposits will depend on the credit rate pick-up.

Expect better Q2, CV loan demand to pick up in Q4: IndusInd

In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements.

Interest rates to soften by year end: BoB

In an interview to CNBC-TV18, Ranjan Dhawan, ED, Bank of Baroda (BoB) said that there is no knee-jerk reaction to SBI's rate cut because the bank had already cut its bulk deposit rates substantially in the last one year.

After SBI, PNB likely to revise deposit rates in 15 days

The credit growth of PNB is around 13 percent currently and is expected to touch 15 percent by the end of FY15.

Chances of sub-15% credit growth by FY15-end slim: HDFC

Keki Mistry, vice-chairman and chief executive officer of HDFC says in another quarter or two, credit growth will take off. Traditionally, credit offtake is highest in the fourth quarter, he adds.

SBI cuts deposit rates for 1-3 yrs to 8.75% from 9%

In an interview to CNBC-TV18, SBI Chairman Arundhati Bhattacharya said the availability of liquidity is the reason for a revision in rates

Deloitte analyses RBI's wilful defaulter norms amendments

In an interview to CNBC-TV18's Ekta Batra, KV Karthik, Senior Director, Deloitte India gave his outlook on the RBI's tightening of wilful defaulter norms.

Ashoka Buildcon sees FY16 order book growing to Rs 5k cr

The stock price of Ashoka Buildcon has already doubled in 2014. According to brokerages, the company is likely to be a big beneficiary of the vast opportunities in the road sector.

KFA case: Decoding implications of 'wilful defaulter' tag

United Bank has declared Kingfisher Airlines and its promoter Vijay Mallya as ‘wilful defaulter‘. The bank is in the process of sending formal notices to the company and will inform RBI as well.

Bad loans on rise: How can banks tackle the menace?

Experts feel the corporate governance in PSU banks is not as strong as private banks and there is lot of involvement and interfering by government officials.

SBI Life to appeal against IRDA's Rs 275cr refund order

SBI Life, the life-insurance arm of State Bank of India, will contest a Rs 275-crore refund order that the Insurance Regulatory and Development Authority issued Tuesday in relation with a case of alleged misselling of a group insurance policy, MD and CEO Atanu Sen told CNBC-TV18.

QIP may've got better response if launched week later: SBI

Bhattacharya said the recent sell off in emerging markets weakened demand from institutional investors.

Not worried about Dabhol loan turning bad: IFCI

Malay Mukherjee, MD & CEO, IFCI says NPA norms for the company, which is a non-banking financial company, are different – 180 days versus 90 days for banks. The company has an exposure to Ratnagiri Gas, which amounts to Rs 400 crore.

FCNR inflows behind recent rate cut: SBI

State-run lender State Bank of India recently cut home loan rates. In a discussion with CNBC-TV18‘s Gopika Gopakumar, SBI Chairman Arundhati Bhattacharya said the rate cuts came on the back of excess liquidity in the banking system.