Analysts expect capital buffers to remain strong across the banking sector. ICRA projects a 40–50 basis point increase in Tier-I capital ratios for PSBs this fiscal
The governor said irrespective of the fact that liquidity is in surplus, the risk pricing of various loans being extended by banks has to be done diligently by banks themselves.
Capital adequacy requirements are generally needed for a company in the lending business. A broker whose role now has been restricted to be a platform provider for the traders or investors is not providing his money to his clients.
With the Modi 2.0 government set to unveil the Union Budget on July 05, bankers are hopeful that around Rs 30,000 crore will be allotted to state-run banks, although the RBI chief has suggested a different approach
The private bank allotted 3.27 crore shares at a price of Rs 1,500 per share.
In the interview NS Venkatesh of Lakshmi Vilas Bank said that the bank needs to increase its capital adequacy at this stage but has not planned but a definite time schedule has not been finalised yet.
The bank is capital sufficient, and we expects a good loan growth in FY17, says N Kamakodi, the MD and CEO of City Union Bank.
"The writing on the wall is very clear...they (PSBs) have to think of differential voting rights. It is time to lay out some kind of road map on how much the banks need to do and how much support it would get," SBI chairperson Arundhati Bhattacharya said.
As CNBC-TV18 celebrates its 15 years of leadership in the business space, it sits down with a business leader whose organization has seen a similar stellar run over the same period. In an interaction, CNBC-TV18's Shereen Bhan spoke with Chanda Kochhar, MD and CEO of ICICI Bank, who talks about its journey and the outlook ahead.
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.
The bank plans to raise about Rs 100 crore via preferential route, for which it has RBI approval. It will raise the first tranche of about Rs 37.75 crore in the next 10 days. The balance will be raised in another 30 days.
Fitch said the sharp weakening of the rupee, if not swiftly reversed, will delay any chances of recovery in domestic demand. A more prolonged deterioration in asset quality will also raise provisioning requirements and weigh on banks' earnings profiles.
Hyderabad-based SKS Microfinance, which had gone through a turbulent phase sprang a positive surprise by reporting a net profit of Rs 5 crore in the first quarter (April-June) against a net loss of Rs 39 crore in the corresponding quarter of the previous financial year.
“This amount will take into account uncertainties from basel-III implementation and possible implementation of dynamic provisioning. We are comfortable on capital. The bank‘s capital adequacy ratio as on March 31 is 13.25 percent," he said.
Sebi has notified norms that make it mandatory for investment advisers to register with the capital market regulator and also require them to disclose all issues that could result in conflict of interests, among others.
In an interview to CNBC-TV18, M Narendra, chairman, Indian Overseas Bank talked about the Non- Profit assets. He said NPAs will be lower in the second half as compared to the incremental NPAs in the first half.
The government on Thursday approved capital infusion of Rs 632 crore in cash-starved regional rural banks (RRBs) to improve their capital adequacy and lending capacity to the agriculture sector.
State-run Bank of Baroda will raise up to Rs 32.8 billion through a preferential allotment of shares to the government at Rs 902.14 each, it said in a statement over the weekend.
PT Kuppuswamy, Chairman of Karur Vysya Bank, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the board’s approval for issuing rights shares to the management and the road ahead.