Balance Sheets

In the June quarter, Bank of Maharashtra (BoM) and State Bank of India (SBI) were in the lowest quartile as far as Gross Non Performing Assets (NPAs) and net NPAs were concerned, according to an analysis of the quarterly financial numbers published by the public sector lenders.

Strengthening, cleaning balance sheets of PSBs essential: IDBI

Speaking to CNBC-TV18, Kishor Kharat, MD & CEO of IDBI Bank says that the new Reserve Bank governor, Urjit Patel, must focus on strengthening balance sheets as well as keeping inflation under control.

Consolidation, even if slow, has started in banks: Vinod Rai

Entire focus is on cleaning balance sheets, so that loaning process starts immediately, says Vinod Rai, Bank Board chief.

NPA clean-up should have started much earlier: Rajan

He also said the lenders were initially reluctant to implement the clean-up which started from December 2015 with RBI identifying 150 largest accounts which were facing problems in servicing their debt obligations.

Euro zone growth 'to decelerate' after Brexit: IMF

The U.K.'s decision to leave the EU is expected to weigh on euro zone growth, the International Monetary Fund (IMF) said on Friday, lowering its growth forecasts for the 19-country region

Debt downgrades touch record high of Rs 3.8 trn in FY16: Crisil

More than half of the debt number was from the metal sector followed by infrastructure-linked sectors, says Somasekhar Vemuri, Senior Director at Crisil Ratings.

Budget 2016: Infra sector's wishlist

The NHAI is involved in 112 legal disputes with infrastructure companies — valued at over Rs 25,000 crore and unless these legal disputes are settled or disposed off, NHAI's target of laying o30 kilometres per day in FY16 will be in jeopardy

PSU banks still sitting on unreported NPLs: Morgan Stanley

Speaking to CNBC-TV18, Anil Agarwal, Head – Research banks, Asia ex-Japan at Morgan Stanley says that the asset quality issues will take more time to run its course especially with a slowing nominal gross domestic product (GDP) growth.

RBI's deadline to clean up bad loans may hit banks profit: SBI

"Because the regulator has given this call that you need to clean up everything by March 2017, there is some kind of a apprehension that if it is all compressed into a very short period of time then there may be very large hits," SBI chairman Arundhati Bhattacharya said

India will give better returns on investments: Jaitley

Acknowledging that stalled projects have impacted the balance sheets of private sector companies, Jaitley said the proposed national investment and infrastructure fund would be a "great enabler" to attract investment as well as help repair the balance sheets of affected firms.

Nifty may slip to 7900; 25 bps RBI cut priced in: Quantum

According to Sanjay Dutt, Director, Quantum Securities, a 25 basis points cut by the Reserve Bank in its June 2 policy is already priced in. He feels even if RBI lowers rates, the market will sell into rally.

India structurally positive within EM funds: ICICI Sec

India at the moment has leadership premium and market expected growth premium, Anup Bagchi, MD and CEO of ICICI Securities says. According to him, strong balance sheets are being bought aggressively.

Investment cycle still weak; positive on telecom: Kotak

Sanjeev Prasad of Kotak Institutional Equities expects the new spectrum pricing to be rational and sees further consolidation in the telecom sector. He is also of the view that there is no case for ONGC to pay higher royalty.

Will reduce gross NPAs to 20% by March 2014: IFCI

Non banking finance major IFCI is positive on bringing down its gross NPAs to around 20 percent by March 2014. Its CEO and MD, SB Nayar says that asset quality is likely to improve going forward.

Govt mulls buyback as weak mkt hits PSU divestment plans

The government currently is considering buyback options instead of divestment as current market conditions force them to do so. Coal India has given its nod for the same, while an approval from other companies is awaited, reports CNBC-TV18's Aakansha Sethi.

Crisil expects NPAs to balloon from 3.3% to 4%

Repayments coming up for the present year stands at about Rs 1.1 trillion. Crisil's Ramraj Pai feels about 70 percent of it will be financed through internal accruals, but the rest will have to be refinanced either locally or internationally.

Fitch: Removal of FDI limit positive for telcos

Move could encourage foreign investors to look again at the sector, and allow existing foreign investors to increase their stake in subsidiaries to 100 percent

FMCG, pharma overvalued; IT safe bet: Sangeeta Purushottam

Market will be volatile due to the narrowness in the breadth, says professional investor Sangeeta Purushottam. She told CNBC-TV18 that the earnings of companies will take a hit with the recent rupee's fall.

India to see big flows from Japan, avoid PSU banks: Kotak

Sandeep Bhatia said the current flow of liquidity from the US will tend to slow down in the next two years although it will be in abundance in Europe and Japan; and India can enjoy some of the benevolence coming from Japan.

Fed, ECB balance sheets 'abnormal': Trichet

Ballooning central bank balance sheets across the US, Europe, the UK and Japan are "profoundly abnormal", according to Jean-Claude Trichet, the former president of the European Central Bank.

Global inflation: the dog that doesn't and won't bark

An anorexic under doctor's orders to put on weight might fret unnecessarily about getting fat one day. Today's generally subdued inflation prompts similar worries.