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  • 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.

  • Expect improvement on cost side in next 2-3 quarters: SBI

    Asset quality of SBI continued to worsen in Q3FY14 even as margins and lesser restructured assets provide some solace.

  • 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.

  • Tackling bad loans: SBI, IDBI debate RBI's paper

    Veterans feel banks may find ways to adhere to timelines mentioned in RBI discussion paper but it is going to take a while to make them stable and make them work within the timeframe.

  • RBI draft norms for bad loans require a mindset change:SBI

    The Reserve Bank today proposed a slew of measures, including incentives to lenders for coming together and tackling an account timely and penalising borrowers with higher interest rates in future for not cooperating for a resolution. The RBI discussion paper is open for public comments till January 1.

  • No kitchen sinking; SME sector still under duress: SBI boss

    SBI Wednesday reported a 35 percent year-on-year decline in its quarterly net profit, but the rate of increase in bad assets slowed down, drawing applause from the stock market.

  • SBI worked hard to lower slippages; NPAs, high rates a drag

    On the positive side, Arundhati Bhattacharya, Chairperson of State Bank of India says agriculture was good this year, so the bank was able to convince farmers to come forward and renew their loans, take fresh loans and also repay some of their older outstanding ones.

  • Focus on retail; borrowers will pay home, car EMIs: Kochhar

    The consolation, if any, is that the macro-environment may not deteriorate here on. That is ICICI Bank CEO Chanda Kocchar‘s big picture view of the economy and the banking industry.

  • SBI hikes base rates by 20 bps to 10%

    State Bank of India's decision to raise base rates comes on the back of increased costs of funds, its chairperson Arundhati Bhattacharya tells CNBC-TV18 in an interview.

  • Have asked for Rs 4,000cr recap from govt: SBI MD

    SBI is looking at the contours of a plan - a festival plan for offering loans for offtake of consumer durables. So within a couple of days, the bank will be ready with that offering, says A Krishna Kumar, bank managing director.

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