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    • Interview | Gold loans will continue to be our focus; won't do unsecured loans: CSB Bank MD and CEO CVR Rajendran

      Rajendran, a veteran banker, is on a mission to change the course of the Kerala-based bank, focusing more on retail loans and within that, gold loans.

    • CSB Bank Q3 net up 88% at Rs 53 crore, provisions also soar

      The bank income had been lower in the year-ago period due to a Rs 75 crore impact on account of a migration to a new system of taxation.

    • MF industry looks to ramp up investor base to 9 cr in 5 years

      According to an industry estimate, of the 120 crore population, merely 2 crore are investing in mutual funds currently. The industry, comprising 40 fund houses, is looking to make it to 9 crore over 3-5 years.

    • MFs to pay 0.01% of AUM to Amfi for investor awareness drive

      Moreover, Amfi is likely to form a committee to decide how to utilise the fund and the issue may come up for discussions during the forthcoming monthly board meeting scheduled later this month.

    • Banks to need Rs 3.5 lk cr extra provisioning over 3-4 yr: Pros

      According to Pawan Agrawal of CRISIL Ratings, the cumulative provisioning today stands at roughly Rs 1.5 lakh crore and as per their analysis, there is additional provisioning requirement of Rs 3.5-4.0 lakh crore which will have to be provided for over the next 3-4 years.

    • CDR nod key to dealing with Bhushan loan: Andhra Bank

      CVR Rajendran, CMD of Andhra Bank said the bank is mulling many options to deal with the exposure of Rs 1500 crore. If the company's CDR plans go through, the bank is willing to refinance the loan by extending the period of repayment.

    • GNPA maintained; net NPA, restructuring dip: Andhra Bk

      Andhra Bank has registered a more than four-fold jump in its net profit at Rs 201.71 crore in the third quarter ended December 2014, on higher interest income. In an interview to CNBC-TV18, CMD CVR Rajendran discusses on the numbers and the road ahead.

    • Need Rs 200-300cr by govt to stay afloat: Andhra Bank

      CVR Rajendran is confident of maintaining the net interest margin at 3 percent in Q3 and gross NPAs and net NPAs at Q2 levels.

    • NIM to improve to 3% in Q3; see GNPA at 5%: Andhra Bank

      Discussing the company results, CVR Rajendran, CMD, Andhra Bank, said he expects asset quality to improve substantially in H2 and recovery from agri loan waiver in the next 2 quarters.

    • Andhra Bank proposes to raise Rs 800 cr in FY'15: CMD

      Commenting about the third quarter results for the period ending December 31, 2013, Rajendran said the net profit of the bank declined by 82.1 percent to Rs 46 crore due to higher provisioning on account of high NPAs.

    • Exposure to power Discoms at Rs 10,000 cr: Andhra Bank

      Andhra bank‘s total exposure to Discoms is at Rs 10,000 crore. Bank‘s CMD CVR Rajendran sees power tariff increasing post 2014 elections.

    • NPLs likely to stay above 5% till Q4FY14: Andhra Bank

      CVR Rajendran, CMD, Andhra Bank, told CNBC-TV18 that the bank‘s earnings will improve by the second quarter next fiscal, during which time the bank may look to raise additional capital through a qualified institutional placement.

    • Eyeing Rs 700-800 cr capital infusion by govt: Bank of Mah

      Bank of Maharashtra's CVR Rajendran spoke to CNBC-TV18 regarding government capital infusion of Rs 14,000 crore for the public sector banks and what are his expectations from the same.

    • Bank of Maharashtra eyes Rs 2000cr capital infusion

      Bank of Maharashtra may opt for QIP route or follow on public issue if it doesn‘t receive the entire amount from the government

    • Need for deposit rate hike; see NIMs at 3%: Bank of Mah

      More than 30 percent of Bank of Maharashtra's deposits are in interest-sensitive deposits, which come to more than Rs 1 crore, and unless the cost of deposits is increased, the bank may not be in a position to retain these deposits

    • See FY14 credit growth around 16-18%: Bank of Maharashtra

      Since their bank's base is small the credit growth in percentage terms appears to be large. So, the credit growth for the bank will remain above industry but will moderate to 16-18 percent in FY14, says CVR Rajendran, ED, Bank of Maharashtra.

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