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  • NPA of consolidated book may be 50 bps higher post merger: SBI

    Larger gains from the merger of associate banks will be seen only over 1-2 years, B Sriram, MD and Group Executive- National Banking at State Bank of India.

  • Have made provisions worth Rs 585 crore: State Bank of Mysore

    Have made provisions worth Rs 585 crore: State Bank of Mysore

    In an interview with CNBC-TV18, N Krishnamachari, MD of SBM said that the slippages for this quarter increased to Rs 1050 crore against Rs 250 crore (YoY) as many inherently weak accounts slipped.

  • Merger to reduce duplication, to be complete by March 2017: SBI

    Merger to reduce duplication, to be complete by March 2017: SBI

    The bank will now start working on a merger process which will be completed by March 2017, says VG Kannan, Managing Director & Group Executive, SBI.

  • Committee to take view of consolidation: State Bank of Mysore

    Committee to take view of consolidation: State Bank of Mysore

    In an interview with CNBC-TV18, State Bank of Mysore MD Sharad Sharma talked about takeaways from the recent Gyan Sangam summit, developments on the Vijay Mallya case and whether the bank is looking at getting merged with SBI.

  • GNPLs may be in 3.75-4% range by FY16-end: SBM

    GNPLs may be in 3.75-4% range by FY16-end: SBM

    Gross NPLs will improve going forward and will be in 3.75-4 percent range by this year-end, said Sharad Sharma, MD of State Bank of Mysore.

  • Larger banks too will feel heat of payment bks: AK Purwar

    Larger banks too will feel heat of payment bks: AK Purwar

    Former chairman of State Bank of India AK Purwar says even larger banks will start feeling the heat and pinch of this, not just midcap and small banks. In a neck and neck competition, he says: “It will become a question of survival of the fittest.”

  • See 12-14% credit growth in H2FY16: State Bank of Mysore

    See 12-14% credit growth in H2FY16: State Bank of Mysore

    The bank has cumulatively reduced base rate by 35 basis points since April, says Sharad Sharma, MD, State Bank of Mysore.

  • Asset quality stable; focus on retail, personal loan: SBM

    Asset quality stable; focus on retail, personal loan: SBM

    In an interview with CNBC-TV18, Sharad Sharma, Managing Director of State Bank of Mysore expects the bank's asset quality to improve from second quarter of this year.

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

    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.

  • Aim to maintain margins at 3%: State Bank of Mysore

    Aim to maintain margins at 3%: State Bank of Mysore

    Sharad Sharma, managing director, State Bank of Mysore doesn‘t expect any pick up in corporate loan growth in H1FY16, but major growth on the retail side.

  • 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.

  • Gross NPAs lowest in four quarters: State Bank of Mysore

    Gross NPAs lowest in four quarters: State Bank of Mysore

    Discussing the bank‘s third quarter earnings, State Bank of Mysore MD Sharad Sharma said the company‘s asset quality has been improving, which has resulted in a decrease in non-performing asset (NPA) provisons.

  • See NII growth of 12-14% in H2FY15: State Bank of Mysore

    See NII growth of 12-14% in H2FY15: State Bank of Mysore

    Sharad Sharma, Managing Director, State Bank of Mysore sees the bank‘s capital adequacy ratio at around 11.25 percent.

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