Bk Batra

The new guidelines released by the Reserve Bank yesterday to deal with non-performing assets (NPAs) are an excellent initiative, says BK Batra, Deputy MD of IDBI Bank.

May look at QIP, sell non-core assets to raise capital: IDBI Bk

BK Batra says IDBI Bank has adequate back up for any capital requirement as well as any additional provisioning that the bank may have to go in for in the fourth quarter.

IDBI to raise Rs 2800cr but it's not going Axis's way, yet

The board of IDBI Bank Wednesday passed an enabling resolution to allow it to raise Rs 2800 crore via a qualified institutional placement (QIP) or any other instrument like follow-on public offer.

Will new Dabhol revival plan work? Experts discuss

IDBI Bank deputy MD BK Batra says RLNG facilities will be demerged into a separate SPV. "They needed additional investment for the capacity to be fully used to 80 cargos. It cannot be done unless break water facilities are there," he says

NPA problem resolvable; see recovery momentum pick up: IDBI

There is a lot of stress in sectors such as industrials, and when earnings get impacted, debt servicing follows suit, says BK Batra, deputy managing director of IDBI Bank

Ratnagiri Gas' LNG terminal may be hived off: IDBI Bank

All lenders combined have an exposure of around Rs 8000 crore to Ratnagiri Gas, of which IDBI has an exposure of around Rs 1900 crore.

CARE stake sale to aid CAR, awaiting Pipapav CDR nod: IDBI

After negotiating for bulk sale, IDBI offloaded 10 percent in CARE to LIC for Rs 421 crore. The bank's deputy MD BK Batra informed that the bank has strategic stake in various companies which are quite valuable today.

Pipavav on cusp of growth on defence order wins: IDBI Bank

In an interview to CNBC-TV18, Batra said Pipavav was in the process of getting final approval for Corporate Debt Restructuring (CDR).

May get Rs 600-700 cr for entire stake in CARE: IDBI Bank

BK Batra, DMD of IDBI Bank says the timing seems right to monetize a part or its entire stake in CARE. He believes the bank can get between Rs 600 crore and Rs 700 crore for its entire shareholding.

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.

Expect JP Associates debt to moderate post deal: IDBI Bank

BK Batra, Deputy MD, IDBI Bank in an interview to CNBC-TV18, said they welcome the UltraTech and JP Associates deal because post deal he expects the debt level of JP Associates to get moderated.

Expect lesser restructuring & provisioning in Q4: IDBI Bank

In an interview to CNBC-TV18, BK Batra, deputy managing director, IDBI Bank gives his views on the bank's Q3 performance. The bank's third quarter (October-December) net profit rose marginally just by 2% year-on-year.

Expect to improve NIM in second half of FY13: IDBI

In an interview to CNBC-TV18, BK Batra, deputy managing director of IDBI says net interest margin (NIM), currently, is at about 2.09-2.1 percent. "We are expecting that if the business improves in the second half, as is now being envisaged, we should get an improvement of 10-20 bps in our NIM," he adds.

Can project mgmt implementation reduce cost overrun?

CNBC-TV18 finds out if project cost implementation help reduce the cost overrun the country is currently facing.

Hope to improve NIMs by 20-25 bps in FY13: IDBI Bank

IDBI Bank has reported its fourth quarter earnings which saw a its net profit jump 49.4% (YoY) to Rs 770.78 crore. BK Batra, the ED of IDBI Bank says the NPAs were down QoQ due to a large number of upgradations and aggressive recoveries which took place.