Ba Prabhakar

BA Prabhakar, CMD of Andhra Bank told CNBC-TV18 that he is expecting Q2 slippages to be less than Q1 as he sees recoveries in some of the big accounts.

May tweak deposit rates once RBI clarifies steps: Andhra Bk

In an interview to CNBC-TV18, BA Prabhakar, CMD of Andhra Bank speaks about the measures taken by the Reserve Bank of India (RBI) for tightening liquidity in the market furthermore. He clarifies on whether or not, the banks will raise deposit rates in the future.

Total exposure to discoms at Rs 4500cr: Andhra Bank

State-owned Andhra Bank has completed the process of loan restructuring of Tamil Nadu state electricity board (TNSEB). The lender loaned to three such state distribution companies (discoms) with a total exposure of Rs 4,500 crore as per the financial restructuring plan (FRP).

Experts discuss RBI's recos on priority sector lending

The RBI committee has come out with its recommendations on lending to priority sector. In an interview to CNBC-TV18, BA Prabhakar, CMD of Andhra Bank, MV Nair and N Seshadri, ED of Bank of India, discuss pros and cons of the recommendations.

Credit off-take to pick up in current quarter: Andhra Bank

State-run Andhra Bank today said it is expecting credit off-take, which has been hovering around 7% so far this fiscal, to pick up in the current quarter as it expects the RBI to ease monetary policy sooner than later.

Loans to get costlier but not right away, say bankers

After yet another rate hike by the Reserve Bank of India, bankers are left wondering on what their next move would be. Will the RBI salvo be passed on to customers, or are the banks going to bear it all?