Capital Adequacy

Capital adequacy of PSU banks outpaces that of private lenders amid fundraising efforts

Analysts expect capital buffers to remain strong across the banking sector. ICRA projects a 40–50 basis point increase in Tier-I capital ratios for PSBs this fiscal

Will approach int'l mkts if Govt approves QIP: IDBI Bk

Speaking to CNBC-TV18, BK Batra, deputy managing director, IDBI Bank says the bank‘s total capital adequacy is sitting comfortable above 12 percent for tier II and little below eight percent for tier- I cities.

Dhanlaxmi Bank plans to raise Rs 300 cr by year end

The bank plans to raise about Rs 100 crore via preferential route, for which it has RBI approval. It will raise the first tranche of about Rs 37.75 crore in the next 10 days. The balance will be raised in another 30 days.

Rupee slide to add to credit pressures on banks: Fitch

Fitch said the sharp weakening of the rupee, if not swiftly reversed, will delay any chances of recovery in domestic demand. A more prolonged deterioration in asset quality will also raise provisioning requirements and weigh on banks' earnings profiles.

Loans mostly performing, turnaround story continues: SKS

Hyderabad-based SKS Microfinance, which had gone through a turbulent phase sprang a positive surprise by reporting a net profit of Rs 5 crore in the first quarter (April-June) against a net loss of Rs 39 crore in the corresponding quarter of the previous financial year.

No plans to raise funds for next 2-3 years: ING Vysya Bank

“This amount will take into account uncertainties from basel-III implementation and possible implementation of dynamic provisioning. We are comfortable on capital. The bank‘s capital adequacy ratio as on March 31 is 13.25 percent," he said.

Sebi comes out with stringent norms for investment advisers

Sebi has notified norms that make it mandatory for investment advisers to register with the capital market regulator and also require them to disclose all issues that could result in conflict of interests, among others.

IOB expects NPAs to be lower going forward

In an interview to CNBC-TV18, M Narendra, chairman, Indian Overseas Bank talked about the Non- Profit assets. He said NPAs will be lower in the second half as compared to the incremental NPAs in the first half.

Cabinet approves Rs 632-cr capital infusion in RRBs

The government on Thursday approved capital infusion of Rs 632 crore in cash-starved regional rural banks (RRBs) to improve their capital adequacy and lending capacity to the agriculture sector.

Bank of Baroda to raise Rs 32.8b

State-run Bank of Baroda will raise up to Rs 32.8 billion through a preferential allotment of shares to the government at Rs 902.14 each, it said in a statement over the weekend.

Margins may go up to 3.8-3.9% in Q4: Karur Vysya Bank

PT Kuppuswamy, Chairman of Karur Vysya Bank, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the board’s approval for issuing rights shares to the management and the road ahead.