Feb 10, 2017 04:07 PM IST
Key business parameters looked better for SBI sequentially â€“ Net interest Income (the difference between interest income and expenses) grew by 7.7%, an improvement over the 1.3% that was reported in the previous quarter.
- Feb 09, 2017 05:21 PM IST
Demonetisation, capital constraints and spike in bad loans has hit the government-owned IDBI Bank hard as its net loss widened to Rs 2255 crore in the October to December period.
- Jan 31, 2017 11:48 AM IST
Demonetisation is not purely the reason for the slightly slower demand for housing loans, says Keki Mistry MD & CEO of HDFC In an interview to CNBC-TV18.
- Jan 30, 2017 04:14 PM IST
"Total income has increased to Rs 2,729.08 crore for the quarter under review, from Rs 2,069.62 crore for the same quarter year ago," the company said in a regulatory filing.
- Aug 11, 2016 09:14 PM IST
SP Tulsian, sptulsian.com, he shares his views on the AB Nuvo-Grasim merger and how it could affect the shareholders. He also discusses Bank of Baroda's earnings.
- Aug 11, 2016 12:39 PM IST
In an interview with CNBC-TV18, N Kamakodi, MD and CEO of CUB, said that the bank expects to close the year with 15-18 percent credit growth rate and sees net profit growth of around 10-12 percent for this fiscal.
- Aug 10, 2016 02:12 PM IST
In an interview to CNBC-TV18 Rahul Arora, CEO of Nirmal Bang Institutional Equities shared his reading and outlook on the market as well as on stocks and sectors.
- Aug 01, 2016 10:27 AM IST
In an interview with CNBC-TV18, Sudha Suresh, CFO of Ujjivan said that the company is assured of steady loan growth in coming quarters and keeps the FY17 loan growth target at 35-40 percent.
- May 16, 2016 03:14 PM IST
Founder MD and CEO of Bandhan Bank Chandra Shekhar Ghosh said, "The bank has posted a decent profit despite starting operations not very long." Net interest income stood at Rs 932 crore and non-interest income at Rs 150 crore, he told reporters here today.
- May 12, 2016 04:04 PM IST
Things are looking up in the infra sector; road and power sectors have seen a pick-up, says Hemant Kanoria, CMD of SREI.
- May 02, 2016 12:59 PM IST
Home loan providers, Can Fin Homes reported a 12.47 percent rise in net profit to Rs 47.44 crore in the fourth quarter. The net interest income (NII) came in at Rs 98.57 crore for the quarter gone-by.
- Apr 27, 2016 04:10 PM IST
During the last quarter, there was no sale of loans to any asset reconstruction companies (ARC). There was sale of a standard account to an ARC, says Lakshmi Vilas Bank CFO Palaniappan Manickam.
- Feb 11, 2016 03:18 PM IST
The bank had posted a net profit of Rs 41.78 crore in the third quarter of the previous fiscal.
- Nov 27, 2015 01:19 PM IST
C Ilango, MD, Can Fin says he is confident of maintaining the current growth rate as the company's cost of incremental borrowings are likely to come down.
- Oct 29, 2015 07:45 PM IST
The company had reported a profit after tax of Rs 302.21 crore in the same period last year.
- Oct 27, 2015 01:26 PM IST
Gross NPLs will improve going forward and will be in 3.75-4 percent range by this year-end, said Sharad Sharma, MD of State Bank of Mysore.
- Oct 21, 2015 12:36 PM IST
C Ilango, MD of Can Fin Homes Limited expects benefits of product mix and low borrowing cost to continue in coming two quarters.
- Oct 21, 2015 12:35 PM IST
The company had reported net profit of Rs 448.24 crore in the July-September quarter of last fiscal, 2014-15. Its total income for the quarter under review rose to Rs 1,985 crore, up 31.08 percent, from Rs 1,514.31 crore in the corresponding quarter a year ago, the company said in a BSE filing.
- Oct 16, 2015 10:01 AM IST
Sunita Sharma, MD & CEO of LIC Housing Finance told CNBC-TV18 that project finance segment grew strongly in Q2 and will continue to be the company's focus in future.
- Oct 15, 2015 01:33 PM IST
The bank‘s MD & CEO, K Venkataraman told CNBC-TV18 that in Q2, there were no major slippages and only one account was restructured under the 5:25 scheme.
- Aug 13, 2015 04:37 PM IST
Net interest income, the difference between interest earned and interest expended, may grow by 12 percent to Rs 2,571 crore from Rs 2291 crore during the same period. In Q4FY15, it grew by 13 percent.
- Jul 31, 2015 09:15 PM IST
Cholamandalam Investment and Finance on Friday reported an 18 percent growth in net profit at Rs 110 crore in the first quarter ended June 30 on account of improvement in net interest income (NII) and curtailment in provisioning for bad loans.
- Jul 27, 2015 10:37 AM IST
The bank is aiming for below 5 percent gross non-performing asset by year end and also maintain its net interest margin at 3 percent year on year, SK Kalra, Executive Director, Andhra Bank told CNBC-TV18.
- Jul 23, 2015 10:12 AM IST
Muthoot Finance is confident of maintaining margins at around 9.39 percent, says George Alexander Muthoot, MD of Muthoot. The company had reported around 9.6-9.7 percent net interest income (NII) in the year-ago period.
- Jul 13, 2015 04:22 PM IST
In Q4FY15 profit was up 61 percent year-on-year mainly due to tax writeback of Rs 9.3 crore. NII growth, analysts say, may come off on an annual basis mainly due to high base which contained one off income. In Q1FY15, there was one off interest income of Rs 30.4 crore resulting in NII rising 67 percent (YoY) to Rs 139 crore.