Mar 29, 2015 12:48 PM IST
Despite RBI lifting all lending restrictions imposed on United Bank of India (UBI) due to high NPA levels, the bank's credit growth will not rise significantly owing to poor investments on the ground, its Executive Director Sanjay Arya has said.
- Mar 05, 2015 11:01 AM IST
In the wake of the Reserve Bank of India slashing its benchmark lending rate, commercial banks will start cutting their base rates â€œsooner rather than later,â€ Bank of Baroda CMD Ranjan Dhawan told CNBC-TV18.
- Feb 16, 2015 09:16 AM IST
Paresh Sukhtankar of HDFC Bank says neither funds nor capital were a constraint for growth and asset quality in the third quarter was largely stable. He, however, adds that a further pick-up in the bank‘s growth will depend on GDP growth
- Dec 24, 2014 12:02 PM IST
Jignesh Shial, research analyst, IDBI Capital Markets likes HDFC Bank the most among private banks and State Bank of India among public sector banks. He is also bullish on City Union Bank, Karur Vysya Bank and Federal Bank.
- Dec 16, 2014 01:56 PM IST
In an interview to CNBC-TV18, Umesh Revankar, MD, Shriram Transport Finance, said the company expects loan growth to pick up in used vehicles
- Dec 16, 2014 12:00 PM IST
There are increasing worries over whether China would be able to safely execute the â€œsoft landingâ€ that it has been trying to for some time to prevent the economy from overheating and assets from entering into a bubble.
- Dec 04, 2014 08:36 AM IST
HDFC Bank cut interest rates on retail term deposits between 25- 50 basis points. It has cut rates on 48-day to 1 year deposits.
- Dec 02, 2014 02:30 PM IST
Arundhati Bhattacharya expects the central bank to undergo a series of rate cuts in 2015, starting with at least a 50 bps cut in March.
- Nov 21, 2014 09:37 AM IST
Deven Choksey says the market cap of Kotak Mahindra Bank and Axis Bank will be Rs 1 lakh crore and it is trading at half the price State Bank of India is trading at. This one proposition becomes attractive for many to consider in the portfolio, he adds.
- Nov 17, 2014 10:05 AM IST
DR Dogra, MD and CEO, CARE Ratings says the company had a good quarter on stabilising credit growth. He adds that the second half earnings of the fiscal year will be better than the first half.
- Oct 09, 2014 11:39 AM IST
Sector-wise, Mahantesh Sabarad of SBICAP Securities feels that the metal's space shouldn't be touched just as yet. He says the sector will be driven by news on coal block deallocation and is likely to report below-estimate Q2 earnings.
- Sep 16, 2014 09:34 AM IST
The credit growth of PNB is around 13 percent currently and is expected to touch 15 percent by the end of FY15.
- Sep 16, 2014 09:09 AM IST
Keki Mistry, vice-chairman and chief executive officer of HDFC says in another quarter or two, credit growth will take off. Traditionally, credit offtake is highest in the fourth quarter, he adds.
- Sep 15, 2014 01:49 PM IST
The bank does not hold large portfolios of stress and aims to bring down its non-performing assets (NPAs) and non-performing loans (NPLs) going ahead.
- Sep 15, 2014 10:45 AM IST
Despite all the positives, credit growth numbers have not picked up that well. Rajan says for a positive growth push, investment growth needs to pick up.
- Aug 28, 2014 04:00 PM IST
Ambit is basing the FY16 downward estimate on poor health of the banking system, which may result in slow credit growth in FY16 and restrain investment growth. This is likely to have a direct bearing on a substantial part of the services sector.
- Dec 02, 2013 07:18 PM IST
"Our credit growth is a bit subdued in spite of the traditional busy season," a senior official of the country's largest lender said here, wishing not to be named.
- Nov 18, 2013 04:54 PM IST
In 2012-13, it had witnessed 16.27 percent growth in credit to Rs 66,456.88 crore, as against Rs 57,159.20 crore outstanding at the end of March 2012.
- Nov 06, 2013 09:32 AM IST
State Bank of India's decision to raise base rates comes on the back of increased costs of funds, its chairperson Arundhati Bhattacharya tells CNBC-TV18 in an interview.
- Oct 31, 2013 12:37 PM IST
Bulk of the restructuring has happened over the last four-six quarters. So whatever plays out is going to play out in 2015-16 and Srinivasan Varadarajan, ED, Axis Bank believes that around 25 percent of restructured loans slipping into NPAs is something which is realistic to assume.
- Oct 08, 2013 07:01 PM IST
According to SS Mundra, the RBI's move to inject more liquidity into the system by cutting the MSF rates does not indicate a long-term change its policy plan given the high inflation and the repo rate hike.
- Oct 08, 2013 05:55 PM IST
Reserve Bank Governor Raghuram Rajan, in an interview to CNBC-TV18's Latha Venkatesh dismissed metaphors such as Destiny's Child and Rahul Dravid of RBI and claimed to be boring central banker trying to navigate ways in these challenging times.
- Oct 08, 2013 01:04 PM IST
There is no fix number as MSF is there to meet the frictional liquidity conditions. The impact on cost of funds because of marginal standing facility rate being cut by 50 basis points yesterday would depend from bank to bank. Those banks which depend more on bulk funds would be impacted more.
- Sep 11, 2013 04:12 PM IST
On credit growth side Dena Bank is targeting a growth of around 15-16 percent for FY14. They would mainly focus on retail and small medium enterprise (SME) lending to achieve this growth.
- Aug 26, 2013 12:05 PM IST
Most people now believe that 5-5.2 percent growth in the economy is more realistic than 5.5-5.7 percent which was thought earlier. The liquidity crunch further exacerbates the issue of non-performing loans for banks and the broader macro.