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    • Q4 NPA scores better than Q3: Union Bk

      Debabrata Sarkar, CMD, Union Bank, says the NPA recovery in the fourth quarter has been encouraging and it will be lower than the December quarter both in absolute and percentage terms.

    • Inflation key to next 25-50 bps rate cut in 4-6 mths: M&M

      Pawan Goenka, President Automotive Sector of Mahindra & Mahindra (M&M), says that today‘s RBI announcement on repo rate cut and CRR cut was on expected lines. He feels 25 bps rate cut is a good move and if inflation remains under control then one can see another rate cut of 25-50 bps in next four-six months.

    • Gross, net NPA to reduce significantly in near term: BoI

      VR Iyer, CMD, Bank of India, says that Bank of India sees fresh slippages at Rs 1200 crore. However, the banks do not expect to see more slippages in Q4 and going forward. She also feels that gross and net NPA will come down significantly in near term.

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