Ananda Bhoumik

The Reserve Bank of India's Financial Stability Report (FSR) paints a picture of cautious optimism as it talks in terms of asset quality and points out that there are still a couple of quarters of pain ahead, says Soumya Kanti Ghosh, Chief Economic Advisor of State Bank of India.

Budget 2015: Positive for pvt sector banks, large PSBs: Ananda Bhoumik

Ind-Ra believes the reduction of corporate tax rate to 25% from 31% earlier may improve banks‘ return on assets by 6bp over the next four years.

PSBs can improve post June, conditions apply: India Ratings

Ananda Bhoumik, Senior Director, India Ratings as of now does not see margin expansion for the banks and thinks the worst could be a few quarters ahead.

Here's why NPLs of banks may not improve soon

Ananda Bhoumik, Senior Director, India Ratings, cautions if GDP were to remain sluggish at sub-5 percent for another three-four quarters then it could severely hit NPLs.

Analysts worry GDP downgrade as bankers remain upbeat

After RBI tightened liquidity and pushed up short-term rates in mid-July most of the brokerages have downgraded India's FY14 GDP forecast, due to which the Bank Nifty which is the closest proxy of the economy on the stock markets has fallen 17 percent since mid-July.

NPLs to rise on weak growth; CDR queue to stretch: Experts

In an interview to CNBC-TV18, D Sarkar, CMD of Union Bank of India and Ananda Bhoumik of India Ratings & Research spoke about the asset quality concerns that India is facing

RBI stiffens loan restructuring norms for banks

RBI increased the provision on new restructured standard loans to 5 percent with effect from June 1, 2013 as against the existing 2.75 percent. For the stock of same accounts as on March 31, 2013; it will be in a phased manner by March 31, 2016. Standard loan accounts cannot retain its standard status after restructuring from April 1, 2015.

See non performing loans stabilising for PSU banks: Bhoumik

Ananda Bhoumik, India Ratings & Research is of the view that the NPL for PSU banks may see a peak in March or June and then a gradual reduction thereafter.

Bad loans to rise till Sept, downgrades over: India Ratings

Even though there is no such big threat for rating downgrades, according to Ananda Bhoumik – Director India Ratings, the domestic arm of global rating agency – Fitch; non-performing loans (NPLs) are expected to rise till September, 2013.

Bank loans miss FY13 RBI projection; grow 14% yoy

The non-food credit grew at a slower pace falling short of the Reserve Bank of India's projection at 16% for the entire industry in 2012-13. It expanded a little more than 14% year-on-year to about Rs 51.66 lakh crore for the fortnight ended March 22, 2013. It is the lowest growth since September, 2009.

Will banks continue to remain under pressure in FY14?

In an interview to CNBC-TV18, Ananda Bhoumik of India Ratings and Vaibhav Agrawal of Angel Broking spoke about thier outlook on the banking sector and the road ahead.

CDR rules to fortify banks, cut project-risk: India Ratings

Ananda Bhoumik of India Ratings says that the new debt restructuring norms announced by the RBI will strengthen the lending and risk-management processes in the banking sector. He adds, in an interview to CNBC-TV18, that the new rules will also reduce the risk in projects for industry.

RBI backs fixed rate loans, focuses on long term bonds

Banks can issue long term bonds with minimum tenure of five years but subject to their credit exposure in the infrastructure sector with the minimum residual maturity of five years, said a RBI panel advocating the need for long term fixed interest rate loans.

Debt restructuring cases hit all time high in Jan

Even as banks struggle to keep their non-performing assets in check, the number of loan cases referred to Corporate Debt Restructuring cell touched an all-time high since its inception in 2001-02. Till January, 2011-12; banks referred 69 cases for different companies with a total exposure of Rs 52,787 crore, a senior banker told Moneycontrol.com.

Are banks in safe territory post 2G verdict?

The Supreme Court's verdict of cancelling 122 telecom licences badgered banking stocks on fears that loans to telcos wont be repaid. But the day the order after bankers, rating agencies and the banking secretary say the holes , if any will be small, reports CNBC-TV18’s Gopika Gopakumar.

Savings rate freed: How does it affect you and your bank

Immediately after the Reserve Bank of India (RBI) de-regulated savings rate, private sector lender Yes Bank was the first one to hike its savings deposit rate by 200 basis points to 6%. Its peer banks Kotak Mahindra Bank and IndusInd Bank joined the bandwagon in the next two days. So, are you planning to shift your savings account?

Savings deposit rates can go down as well: Fitch's Bhoumik

The decision to free savings deposit rates by the Reserve Bank of India, brings cheer among depositors, who would now earn more interest on their idle money. However, there could be downward revision of savings rate as well, especially for accounts below Rs one lakh, says Ananda Bhoumik, senior director, Fitch Ratings.