Capital Adequacy Ratio

The Kerla-based bank needs to act urgently on raising capital. Failure could likely attract the RBI action. The regulator has powers to supersede the Board if the capital position is deemed inadequate.

IDBI Bank losses may stifle its stock performance

Demonetisation, capital constraints and spike in bad loans has hit the government-owned IDBI Bank hard as its net loss widened to Rs 2255 crore in the October to December period.

Capital First board okays Rs 340cr pref issue to Caladium Invst

Capital First's Rs 340-crore preferential issue to Caladium Investment is likely to be completed in a month, says Chairman and Managing Director V Vaidyanathan.

IndusInd Bank Q2 net up 26% at Rs 704cr, provisions at Rs 214 cr

In Q2, its net non-performing assets (NPA) was at 0.37 percent versus 0.38 percent while gross NPA was at 0.90 percent versus 0.9 percent (QoQ).

SBI to divest non-core assets to rake in Rs 3,000 cr

Faced with rising bad assets, banking major SBI will divest non-core investments of around Rs 3,000 crore to shore up its capital

Canara Bank to seek shareholders nod to raise Rs 2,000cr

The bank seeks to raise the capital by allotting equity shares/preference shares/securities by way of follow on public issue, rights issue and/or on a private placement basis, Canara Bank said in a filing to BSE.

Bank of India will maintain CAR above stipulated levels: CEO

Slippages in non-performing assets will come down in the fiscal year 2017 and the bank is trying to keep the rate of slippages in Q4 lower than what it was in the third, says BP Sharma, MD and CEO of the bank

RBI's new norms to push CAR to 13.25%: BoB

The new amendments on balance sheet items will help in improving CET I by 1.1 percent, says PS Jayakumar, MD & CEO of Bank of Baroda.

See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk

Dena Bank CMD Ashwani Kumar hopes that with credit growth and uptick in the market, the bank will be able to have a CRAR of about 11.5 percent by March 31

Cholamandalam Q2 net up 27% to Rs120cr on low fund cost

The finance firm did an accelerated provisioning to 4 months' overdue and adopted standard asset provisioning at 0.35 percent, 18 months ahead of the RBI's mandate.

Bandhan Bank to raise Rs 500 crore from investors by March

Newly opened private sector lender Bandhan Bank is looking to raise Rs 500 crore from existing investors by the end of the ongoing fiscal to fund its business expansion plans.

Will revise rates when needed; comfortable with CAR: SBI

SBI, MD - corporate banking, P Pradeep Kumar says, it has been continuously reviewing base rates and lowering deposit rates since August or September last year. "A further cut will depend on SBI's cost of funds, composition of asset portfolio, etc."

Central Bank Q1 NII flat at Rs 1844cr, NPA rises

Provisions, in the quarter, was lower at Rs 580.7 crore from Rs 644.8 crore on annual basis and Rs 617.2 crore sequentially. Gross non-performing assets in Q1 were up 9 percent at Rs 12,931 crore versus Rs 11,873.1 crore quarter-on-quarter while net NPA stood at Rs 7447.9 crore against Rs 6,807.4 crore (Q-o-Q).

Union Budget 2015: Likely to get Rs 30kcr divestment nod soon: Divestment secy

Divestment secretary Aradhana Johri says Rs 70,000 crore is an ambitious target, but divestment revenue generated in FY15 so far is also the highest ever.

Fund raising to improve CAR to 14.50%: Lakshmi Vilas Bank

Lakshmi Vilas Bank has raised Rs 406 crore via rights issue. In an interview to CNBC-TV18, MD and CEO Rakesh Sharma said the funds raised will be sufficient for 2 years.

Archana Bhargava: Tracing a chequered career

Unsavory details are coming out about the chequered career of the former United Bank of India boss Archana Bhargava, who won admirers for her go-getting ways as much as she came in for criticism for pushing the line of acceptable.

NPA-laden United Bank‘s CMD Archana Bhargava opts for VRS

Bhargava reportedly had a stormy stint at the bank after she brought up several issues of accounting malpractices before the central bank and was said to have had a run-in with other top employees at the state-run lender.

Dena Bank to raise Rs 600 crore through QIP

Financial Services Secretary Rajiv Takru had said banks would be allowed to raise capital from the markets in the proportionate amount infused by the government to maintain the government's shareholding.

Corporation Bank Q1 profit up marginally by 2% at Rs 378 cr

The total income of the bank rose to Rs 4,852.6 crore in the April-June quarter from Rs 3,978.2 crore in the same period of last year.

ICICI Bank gets USD 100 million from British arm

ICICI Bank today said it has received capital repatriation of USD 100 million (around Rs 545 crore) from its wholly-owned British subsidiary.

UCO Bank seeks Rs 800 cr from Centre

Kolkata-based UCO Bank has sought Rs 800 crore capital from Centre to prevent capital adequacy ratio going below eight percent.

Proposed RBI norms may dent NBFCs' profitability: ICRA

The proposed guidelines by the Reserve Bank for the non-banking finance companies (NBFCs) are likely to impact the profitability of these entities by 15-20 basis points (0.15-0.20%) in medium-term, according to a research report by the rating agency ICRA.

How to evaluate Non Convertible Debenture Offer?

Various companies are tapping money by offering NCDs at mouth watering rate of interest. Often investors get lured by the coupon offered by these NCDs and ignore key indicators of NCDs in terms of quality and future prospects. Read this space to know how to evaluate NCD offer.

Dena Bank Q4 PAT up 62% driven by tax refund

Public sector lender Dena Bank has reported more than 62% year-on-year jump in its fourth quarter (Jan-March) net profit to Rs 255 crore, driven by one time tax refund. For the fiscal year 2011-12, net profit rose 31% y-o-y to Rs 803 crore.

Confident of capital infusion this fiscal, says SBI

Even though the government has not mentioned any plans of bank recapitalization yet, State Bank of India is confident of getting the necessary capital adequacy.