Cost Of Funds

Asset quality of the most lenders in the January-March quarter have reported an improvement, with stage 3 loans coming down.

PNB Housing Finance expects 15-20 bps reduction in cost of funds, says MD

Girish Kousgi also said that the company has taken a cautious stance on its corporate book

Cost of funds of NBFCs climbs by up to 22 bps in April-June quarter

Going forward, analysts expect up to 50-80 bps on-year increase in the cost of funds across companies.

SBI Cards and Payment’s cost of funds may increase by 5-10 bps in Q2: CFO Rashmi Mohanty

In April-June quarter, cost of funds of the company increased 197 basis points (bps) on-year and 37 bps on-quarter

Tight regulations, rising cost of funds can pose challenges to NBFCs, say experts

Experts highlighted that NBFCs that are taking on banks with aggressive interest rate hikes to lure customers will see a rise in the cost of funds

HDFC–HDFC Bank merger – What’s in it for shareholders?

Despite synergies flowing out of the merger of HDFC with HDFC Bank, there are several unknowns as far as regulations are concerned

Capital First to grow at 25% in next 4-5 years: Exec Chairman

Capital First expects to grow by 25 percent over the next 4-5 years and promoters are not looking to offload their stake in the company as they believe in the long-term story, says V Vaidyanathan, Executive Chairman of Capital First.

Lending math: How banks make money on loans

The bank starts loading all the cost structures that it has on top of the cost of funds (COF) to arrive at the minimum hurdle rate at which it has to underwrite the loans.

Demonetisation impact: Housing finance cos likely to cut rates

Post demonetisation, real estate demand saw a slump with cut in the black money flow. Traditionally, real estate has been one of the beneficiaries of unaccounted income.

Bank of India fixes MCLR rates at 9-9.35% from Oct 7

The bank has fixed the marginal cost of funds based lending rates with effect from October 7, 2016, it said in a regulatory filing.

Cost of funds to decline by 100 bps in a year: DHFL

Dewan Housing Finance Limited (DHFL) is looking to raise additional Rs 10,000 crore in couple of more tranches, says CMD Kapil Wadhawan.

New NPA recognition rule may hit profit rise: Shriram City Union

The company's cost of funds declined to 10 percent from 10.8 percent during the June quarter, says Subhasri Sriram, Executive Director and Chief Financial Officer, Shriram City Union Finance

Legacy A/cs minimal now; to maintain NIM at 11-12%: Muthoot

Legacy stressed book has been mostly cleared off and whatever is left is manageable, says George Alexander Muthoot, MD of Muthoot Finance.

Q3 growth was driven by micro, housing finance: Manappuram Fin

Kapil Krishan, CFO of Manappuram Finance, says the company's cost of funds came down 50 basis points sequentially which aided to its net-interest margins (NIMS).

Targeting 10% AUM growth in gold loans next year: Muthoot

Even as gold as an asset class has had a lucklustre run over the past couple of years, the gold loan segment remains vibrant, says one of the India's largest lenders in the gold loan space.

Happy with margins; Q2 topline growth good: Bajaj Finserv

Sanjiv Bajaj of Bajaj Finserv says he is comfortable with the current levels of margins and had a good second quarter with respect to topline growth

50 bps rate cut won't impact economy in big way: Macquarie

Suresh Ganapathy of Macquarie says a 30-40 basis points lending rate cut will result in 15-20 bps compression in NIMs for PSU banks and maybe just a 10 bps hit for private sector banks

Bankers explain why their rates don't fall as fast as RBI's

The hot-button issue of transmission of interest rate cuts is a much discussed issue in financial circles.

See reduction in cost of funds; good growth: Manappuram Fin

The cost of funds was down 35 basis points sequentially in the quarter and 99 basis points year-on-year, said Kapil Krishan CFO, Manappuram Finance.

Don't see margin impact post base rate cut: Federal Bank

Shyam Srinivasan, MD and CEO, Federal Bank, is not alarmed on a full-year basis that margins will get impacted as long as the cost of funds keep going down.

RBI note merely clarifies gold import norms: PC Jeweller

This notification, Sanjeev Bhatia, chief financial officer, PC Jeweller says won't have any significant impact on either cost of funds or hedging or lease costs.

Rate cut: SBI in wait-and-watch mode, says Bhattacharya

SBI's Arundhati Bhattacharya says because cost of funds is not all that dependent on repo rates, hence, transmission is not always symmetrical and therefore, can't immediately reduce income

Will let competition force banks to cut rates: Rajan

With most banks yet to pass on the benefit of lower interest rates to consumers following the rate cut last month, RBI Governor Raghuram Rajan today said the central bank cannot ask them to lower the rates, but eventually competition will force them to do so.

RBI likely to hike repo by 25bps; cost of funds key: UCO Bk

Speaking to CNBC-TV18, Arun Kaul, chairman, UCO Bank, says the decision on increasing base rates will depend on the cost of funds. While banks have reduced rates, if the cost of funds go up, then banks will be forced to pass on the burden to customers, he adds.

Cost of fund will depend on interest rate moves: PNB Gilts

SK Dubey, MD, PNB Gilts spoke to CNBC-TV18 regarding their second quarter results and the expectations of the company going ahead.