Speaking to CNBC-TV18, Pranjul Bhandari, Chief India Economist at HSBC, said the Economic Survey‘s forecast of a 6.75 percent to 7.5 percent growth in the Indian economy was realistic.

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.

Loan growth in single-digits so far; see pick-up now: SBI

Speaking to CNBC-TV18 Anshula Kant, Deputy MD & CFO of SBI said that deposit growth has been strong for the bank. Sudhin Choksey, MD of Gruh Finance, said that demand side incentives are a significant relief to families in the segment. Jairam Sridharan, CFO, Axis Bank said the government schemes are good.

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.

Grace time to repay crop loans to benefit 5 lakh farmers: SBI

Dinesh Kumar Khara, Managing Director & Group Executive ((Associates & Subsidiaries), State Bank of India said from the bank‘s point of view, around 5 lakh farmers would benefit from this extension scheme.

Bankers divided over logic behind farm loan waiver

Keeping an optimistic view, top bankers are of the opinion that situation will normalise soon with respect to the distress caused by cash chaos.

ED finds 'unusual' activity in 200 bank a/cs in Mumbai: Srcs

Sources tell CNBC-TV18 that the Enforcement Directorate may have found unusual activity in over 200 accounts across banks in Mumbai. This unusual activity is believed to have occurred in the accounts of about six public and private sector banks.

Digitisation integral part of co; focus on B2B seg: Tech Mah

The company has been an integral part of digitisation and will continue to expand their horizons, said CP Gurnani, MD & CEO, Tech Mahindra.

SBI to sell 3.9% stake in SBI Life Insurance for Rs 1,794 crore

State Bank of India (SBI) has informed BSE that the bank's board at a meeting held on Friday approved sale of 3.9 percent stake in SBI Life Insurance Company at a price of Rs 460 per share, subject to all regulatory approvals. SBI holds a total stake of 74 percent in SBI Life Insurance.

Status quo on rates disappointing, says Arundhati Bhattacharya

State Bank of India chief Arundhati Bhattacharya said RBI Governor Urjit Patel-led Monetary Policy Committee‘s status quo on rates was disappointing as the market was expecting a 25 basis point cut. Oil prices and a likely rate hike by the US Federal Reserve would have played a role in MPC‘s decision-making process, she added.

Old note deposits slowing down in last 2-3 days: SBI

The number of transactions and amount deposited in banks following demonetisation is on a downward trajectory, says Rajnish Kumar, MD of SBI. He believes the overall deposits could not have yet touched the highly-speculated Rs 11 lakh crore figure.

SBI slashes bulk term deposit rates by 125-190 bps across tenors

Speaking to CNBC-TV18 the state-owner bank's CFO Anshula Kant said the MCLR has been on a decline over the last few months considering weak credit offtake and fund inflows. She sees possibility of a steeper reduction in MCLR going forward.

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.

People are becoming less panic-stricken over note ban: SBI Chief

Speaking to CNBC-TV18 Arundhati Bhattacharya State Bank of India Chairman said the lender had seen transactions of around Rs 1 lakh crore transactions on Sunday. Out of which 80 percent is deposits, she said.

Expecting further lending rate cut a bit optimistic: SBI MD

State Bank of India last week had cut MCLR by 15 basis points which brought down its home loan interest rate to a six- year low of 9.1 percent. Commenting on the rate cut, Rajnish Kumar, Managing Director at SBI said as home didn‘t increase significantly in the past one year, SBI expects the two-month offer to help people buy their dream home.

SBI meets today to discuss exposure to Tata companies: Srcs

Sources tell CNBC-TV18‘s Nisha Poddar that SBI is meeting today to take stock of the bank‘s exposure to Tata Group companies in case there are write-offs.

Merger with SBI should be completed before March 31: SBM

In an interview to CNBC-TV18, N Krishnamachari, MD of State Bank of Mysore spoke about the results and his outlook for the company.

Security breach happened at ATMs of other service providers: SBI

A security breach at some ATM branches has led to breach of security information of various card holders. The country‘s largest public lender State Bank of India (SBI) has cancelled 6,25,000 cards as a precautionary measure.

Will target investments in energy, petro-chem, hydro power: RDIF

NIIF-RDIF will invest in 20 projects in the next 3-4 years, says Kirill Dmitriev, Chief Executive Officer of RDIF on the sidelines of the Brics summit event in Goa. The NIIF-RDIF joint fund worth USD 1 billion will lead to USD 10 billion worth of investments in India.

Sub-9% marginal cost of lending rate is doable soon: SBI Chief

Speaking to CNBC-TV18, State Bank of India's Chairman Arundhati Bhattacharya said that the Essar deal will get the group's debt to move to another organisation and believed it was a good deal with Rosneft. “I am hoping it will help Essar Group to bring down leverage and stress they have in other accounts.”

NPA resolution, merger, digitalization top priorities: SBI chief

In an interview with CNBC-TV18, Arundhati Bhattacharya talked about her priorities during the remainder of her term, how much of the Reserve Bank's 1.75 percent rate cut SBI had passed on to customers and the bank's plan to sell non-core assets.

UPI and payment banks aren't comparable: SBI's Rajnish Kumar

Speaking to CNBC-TV18 Rajnish Kumar, MD, SBI said that through this arrangement it is expecting a last mile connectivity. “Their (Rel Jio) distribution network is huge,” he said, adding that there are certain limitations of a payment bank.

Why BoI's Padmanabhan is not optimistic of stressed assets

G Padmanabhan, Non-Executive Chairman of Bank of India said banks will be able to pass on the rate cuts given the mark-to-market gains we are sitting on, and the success seen in cleaning up a reasonable amount of bad assets.

Why State Bank of Travancore director is objecting to SBI merger

Sajen Peter, an independent director of State Bank of Travancore and a former additional chief secretary to the Kerala government, has objected to the way the bank's merger with parent State Bank of India being done.

Not just falling g-sec yields, but reforms too to aid banks: SBI

If one wants to play the banking space through PSUs then SBI is the best idea to own, said MB Mahesh of Kotak Institutional Equities.