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  • Bank loan growth in FY15 slowest in a decade: Fitch Ratings

    In an interview with CNBC-TV18, Saswata Guha, Director, Fitch Ratings said low asset quality and insufficient capital are the main reasons for slowdown in loan growth.

  • Rate cut, reforms can boost export, aid IIP: Videocon

    Rate cut, reforms can boost export, aid IIP: Videocon

    April IIP came in at 4.1% with capital goods output at 11.1. What does this mean for the sector going ahead?

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

    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.

  • Sale to ARCs will continue; economy yet to turnaround: SBI

    Sale to ARCs will continue; economy yet to turnaround: SBI

    The state-owned bank‘s CDR restructuring pipeline currently stands at Rs 2,625 crore.

  • New priority sector lending norms to help meet targets: SBI

    New priority sector lending norms to help meet targets: SBI

    SBI chairman Arundhati Bhattacharya says increasing the amount of home loans for PSL is a positive step. According to her, overall asset quality pressure may ease in near-term.

  • Existing home loan holders can convert to new rates: SBI

    Existing home loan holders can convert to new rates: SBI

    B Sriram, managing director and group executive national banking, SBI expects the home loan portfolio to grow by 18 percent in FY16. According to him, competition in the home loan space has been rather intense.

  • HDFC Bk cuts rates, dares to outdo system on credit growth

    HDFC Bk cuts rates, dares to outdo system on credit growth

    Paresh Sukthankar executive director, HDFC Bank says the quantum of cut is marginal which may not significantly boost credit growth.

  • May cut 1-year deposit rate by 25 bps: SBI's Bhattacharya

    May cut 1-year deposit rate by 25 bps: SBI's Bhattacharya

    SBI Chairman Arundhati Bhattacharya says: "We want to see whether this gives a fillip to credit growth which is what we would like to see and depending on how that pans out we will take a call going forward."

  • Slippages to reduce in days ahead; economy is reviving: SBI

    Slippages to reduce in days ahead; economy is reviving: SBI

    Bhattacharya did not specify a timeline for taking SBI Life public, but said SBI will approach the market when conditions are favourable.

  • SBI Life divestment likely in Q1FY16; no plans for IPO: SBI

    SBI Life divestment likely in Q1FY16; no plans for IPO: SBI

    As of now the bank has no plans to sell more than 10 percent stake and is not considering an initial public offering (IPO) immediately for SBI Life,said VG Kannan, MD, SBI.

  • See CAR improving to 11.1%; base rate cut in Q1FY16: SBI

    See CAR improving to 11.1%; base rate cut in Q1FY16: SBI

    There is likelihood of a base rate cut in the first quarter of FY16, said VG Kannan, MD, State Bank of India.

  • Listing unlikely in FY16; don't need capital now: SBI Life

    Listing unlikely in FY16; don't need capital now: SBI Life

    Arijit Basu, MD & CEO, SBI Life Insurance said the growth trajectory of SBI Life is on track and the company is confident of delivering upto 25 percent growth in FY15.

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

    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.

  • Steel, infra, textile cos continue to impact NPAs: SBI

    Steel, infra, textile cos continue to impact NPAs: SBI

    State Bank of India chairperson Arundhati Bhattacharya says sectors such as iron and steel, textiles, infrastructure, trade and services continue to remain impacted. SBI reported third quarter slippages at Rs 7000 crore.

  • Rate cut: SBI in wait-and-watch mode, says Bhattacharya

    Rate cut: SBI in wait-and-watch mode, says Bhattacharya

    SBI's Arundhati Bhattacharya says because cost of funds is not all that dependent on repo rates, hence, transmission is not always symmetrical and therefore, can't immediately reduce income

  • India Inc view: How to make Mumbai a global hub

    India Inc view: How to make Mumbai a global hub

    At ‘Mumbai Next‘ event which aims to transform MMR into a global financial, commercial and entertainment hub, CNBC-TV18's Shereen Bhan, who moderated an esteemed panel of guests, spoke to India‘s largest public sector bank SBI chief Arundhati Bhattacharya about what is holding back the country from becoming a global financial hub.

  • Fresh slippages Rs 200 cr; to sell assets to cut NPAs: SBBJ

    Fresh slippages Rs 200 cr; to sell assets to cut NPAs: SBBJ

    Ghosh said the bank‘s restructured loan pipeline is around Rs 400 crore, and there were fresh slippages of around Rs 200 crore during the December quarter

  • Suzlon can now return to black: SBI boss at Davos

    Suzlon can now return to black: SBI boss at Davos

    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

    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

    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

    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

    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

    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

    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

    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.

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