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    • It was a calculated decision to grow a less risky retail book: Prashant Kumar, MD & CEO, Yes Bank

      It was a calculated decision to grow a less risky retail book: Prashant Kumar, MD & CEO, Yes Bank

      Growing the retail book was the only option available to Yes Bank after being placed under a moratorium, says Kumar. The bank opted for a safer but less rewarding path to avoid imposition of the prompt corrective action by the RBI.

    • 90% of slippages came from retail portfolio: Axis Bank’s CFO Puneet Sharma on Q3 results

      90% of slippages came from retail portfolio: Axis Bank’s CFO Puneet Sharma on Q3 results

      Seasonality from agri portfolio, unsecured loans impacted slippages, CFO Puneet Sharma said

    • 'Abhyudaya Coop Bank net NPA at 12%; professional team can clean up balance sheet'

      'Abhyudaya Coop Bank net NPA at 12%; professional team can clean up balance sheet'

      A day after the Reserve Bank superseded the city-headquartered bank's board, it has emerged that the cooperative bank's cost-to-income ratio had zoomed up to 80 per cent.

    • Bank asset quality to improve on expected fall in fresh slippages, say analysts

      Bank asset quality to improve on expected fall in fresh slippages, say analysts

      The gross bad loans of scheduled commercial banks reduced to 4.5 percent as of December 31, 2022 from 6.6 percent in the year-ago period

    • Rise in NPAs not too negative for ICICI Bank, analysts say

      Rise in NPAs not too negative for ICICI Bank, analysts say

      ecoding the numbers both Rajiv Mehta of IILF and Siddharth Purohit of Angel Broking were not shocked with the rise in gross non-performing loans but would look forward to management commentary on resolution of NPAs

    • HDFC Bank scores on earnings; poor loan growth minor issue: Pros

      HDFC Bank scores on earnings; poor loan growth minor issue: Pros

      Siddharth Purohit of Angel Broking says he is dissapointed by the loan growth but he says apart from that the numbers look really good.

    • Srei Equipment Fin net up 29% to 65 cr in Oct-Mar FY'16

      Srei Equipment Fin net up 29% to 65 cr in Oct-Mar FY'16

      Srei Equipment Finance (SEFL) on May 11 said its net profit increased by 28.8 per cent to Rs 64.79 crore for half year ended March 2016.

    • Stress to taper-off near-term; retail credit in focus: SBBJ

      Stress to taper-off near-term; retail credit in focus: SBBJ

      Jyoti Ghosh, managing director at State Bank of Bikaner & Jaipur said as part of the asset quality review the bank focussed even on smaller accounts and managed to recover Rs 384 crore from about 91,000 accounts in FY16.

    • Dena Bank Q3 loss at Rs 663 crore

      Dena Bank Q3 loss at Rs 663 crore

      The bank had earned a net profit of Rs 76.56 crore in the same quarter last year. Total income also declined to Rs 2,722.23 crore during the quarter from Rs 2,867.32 crore in the previous fiscal.

    • State Bank of Mysore Q2 net jumps 30% at Rs 132 crore

      State Bank of Mysore Q2 net jumps 30% at Rs 132 crore

      The bank had posted a net profit of Rs 101.90 crore for the July-September quarter of 2014-15 fiscal.

    • Lakshmi Vilas Bank Q2 net jumps 42% as bad loans fall

      Lakshmi Vilas Bank Q2 net jumps 42% as bad loans fall

      Bank's profitability was attributed to an improved asset quality on substantial reduction in non-performing assets (NPAs) leading to reduced allocation for bad loans and contingencies. Net profit during the same quarter last fiscal was Rs 31.50 crore.

    • OBC net plummets 29% at Rs 257.84 crore

      OBC net plummets 29% at Rs 257.84 crore

      The bank reported a net profit of Rs 364.54 crore in the corresponding period of the previous fiscal, OBC said in a BSE filing on Thursday.

    • New hiring at Indian Banks' Association sparks controversy

      New hiring at Indian Banks' Association sparks controversy

      The IBA sparked off a fresh controversy relating to an appointment for the post of chief executive, which will fall vacant after the existing incumbent - K Ramakrishnan demits office by July end. K R Kamath, the chairman of IBA is believed to have appointed M V Tanksale, the CMD of Central Bank of India as the new office bearer....

    • No cut in lending rates; see net NPA below 2%: Indian Bank

      No cut in lending rates; see net NPA below 2%: Indian Bank

      TM Bhasin, chairman and MD, Indian Bank says, in an interview to CNBC-TV18, that there will be no cut in lending rates and going ahead, net NPA is expected to be less than 2 percent.

    • Inside Companies: Federal Bank's main focus on SME lending

      Inside Companies: Federal Bank's main focus on SME lending

      Along with the traditional private sector elites like HDFC Bank or ICICI Bank, Kerela-based Federal Bank, of late, has emerged as a darling of the stock market. In the last one year, its shares fell 17.35% as against a drop of 27.40% in the 14-share Bankex, a barometer of banking stocks in the BSE.

    • IndusInd Bank expects FY12 loan growth at 25%

      IndusInd Bank expects FY12 loan growth at 25%

      Romesh Sobti, MD and CEO of IndusInd Bank talks to CNBC-TV18 about the first quarter results and the performance of the company, going ahead.

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