Kr Kamath

Punjab National Bank missed street expectations on all parameters in the second quarter ending September 2014 owing to higher employee provisions this quarter and worsening asset quality.

PNB cuts term deposit rates for up to 1 year to 8.5%

In an interview to CNBC-TV18, KR Kamath, CMD, PNB, said the liquidity available in the system is enough to meet credit demand, however the rate cut in retail deposits will depend on the credit rate pick-up.

After SBI, PNB likely to revise deposit rates in 15 days

The credit growth of PNB is around 13 percent currently and is expected to touch 15 percent by the end of FY15.

PSBs cut rates for Diwali, will pvt banks follow?

Public Sector Banks in the country have been reducing rates on home, auto and personal loans to boost retail growth in a declining corporate credit scenario.

Cut interest rates to revive retail credit: PNB's Kamath

Punjab National Bank and Oriental Bank of Commerce on Tuesday cut interest rate on auto and consumer durable loans up to 2.50 percent to cash in on festive demand, a few days after government promises more funds to PSU banks.

Banks can perform only if economy improves: PNB's Kamath

KR Kamath, CMD, Punjab National Bank (PNB) and chairman, Indian Banks Association (IBA) discusses the challenges in store for the banking sector with CNBC-TV18‘s Gopika Gopakumar at the sidelines of Bancon 2012- an annual event that showcases the best and the brightest minds in the banking industry.

Focus on retail lending to help revive credit growth: PNB

In an interview to CNBC-TV18, KR Kamath, chairman, Punjab National Bank says the bank is concentrating on the retail. “We are looking at now housing, auto loans and consumer durables. If they get a push, they will also indirectly support a lot of industries," he adds.

Banks to follow suit if RBI cuts rate: IBA chief

Indian banks would reduce their interest rates if the Reserve Bank of India cuts its key lending rate at its mid-term policy review on October 30, the chief of an Indian banks' body assured the central bank governor on Friday.

See net interest margins at 3.5% ahead: PNB

KR Kamath, chairman of Punjab National Bank says, the bank sees net interest margins (NIM) at 3.50% ahead.

Here's how top bankers see H2FY12 panning out for banks

The Indian banking industry is having a tough run lately. After coming out with a mixed set of second quarter numbers, the industry was in for a rude shock from rating agency Moody's that cut its outlook for the Indian banking system.

Power sector loans at risk: PSBs begin restructuring

Public sector banks have nearly Rs 1-lakh crore exposure to state electricity distribution companies. And, with many of these companies almost on the verge of default, public sector banks now seem to have no choice but to begin restructuring their loans.

See NIM at 3.5% despite savings deregulation: PNB

KR Kamath, chairman and managing director of PNB said he expects to achieve the bank’s guidance for full year margins despite savings bank interest rate deregulation.

Race for UTI chairman heats up post Oct 1 meet

The appointment of a chairman for UTI has been mired in controversy, reports CNBC-TV18’s Mitra Joshi and Avni Raja.

Bankers trash Subbarao's proposal on splitting CMD post

The RBI governor's suggestion that the chairman and managing director’s position in public sector banks be split as non-executive chairman and CEO has been trashed by several bankers.

Expect loan growth to be around 25% this yr: PNB

Speaking on the bank's earnings, KR Kamath, CMD, PNB told CNBC-TV18 recoveries have been higher this time around than last year. Kamath expects loan growth to be around 25% this year.