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  • Utkarsh Small Finance Bank IPO booked 4.73 times, retail portion 13.75 times on Day 1

    Utkarsh SFB was incorporated as an NBFC in FY10 with a core focus on micro finance loans to underserved segments and in particular in the states of Uttar Pradesh and Bihar.

  • Budget 2015: Need shareholder nod to raise FII limit to 74%: Axis Bank

    Budget 2015: Need shareholder nod to raise FII limit to 74%: Axis Bank

    The country‘s third largest private sector lender maintains its guidance for stressed assets for this year at around Rs 6,500 crore.

  • See credit grow around 20%, NPAs trend lower: Federal Bank

    See credit grow around 20%, NPAs trend lower: Federal Bank

    The bank does not hold large portfolios of stress and aims to bring down its non-performing assets (NPAs) and non-performing loans (NPLs) going ahead.

  • Here's how experts react to BoB's better-than-expected nos

    Here's how experts react to BoB's better-than-expected nos

    According to Vaibhav Agrawal, the gross NPA increase of about 10 percent looks slightly better than expectations considering that BoB's run rate in the past few quarters has been much worse.

  • See FY14 loan growth at 18-19%, domestic NIMs at 3.1%: BoI

    See FY14 loan growth at 18-19%, domestic NIMs at 3.1%: BoI

    VR Iyer of Bank of India believes the worst is over for the market and the public sector lender will see more recovery and further reduction in its non-performing assets going forward.

  • Eye 14% growth in FY14, won't raise lending rates soon: OBC

    Eye 14% growth in FY14, won't raise lending rates soon: OBC

    OBC's SL Bansal expects the public sector lender to grow around 14 percent in FY14. The bank is unlikely to raise its lending rates in the next 45 days as that will hurt its profit required to sustain in the long-run, he adds.

  • Will maintain NIMs at 3.3%; FCNR not main focus: Federal Bk

    Will maintain NIMs at 3.3%; FCNR not main focus: Federal Bk

    According to Shyam Shrinivasan, the Federal Bank is likely to maintain its margins at the current levels of 3.30 percent, a climb of 17 bps year-on-year.

  • Will be able to maintain NPAs around 0.4%: GRUH Finance

    Will be able to maintain NPAs around 0.4%: GRUH Finance

    The company posted a net interest income of Rs 125 crore for the first half of FY14. Also, the net interest margins ratio of the company is at around 4.14 percent, marginal reduction from the FY13 NIM of 4.38 percent.

  • ICICI corrected on slight rise in large asset rejig: IIFL

    ICICI corrected on slight rise in large asset rejig: IIFL

    India‘s largest private sector bank, ICICI Bank Q4 net jumps 21 percent to Rs 2304 cr , yet stock saw a surprise fall of about 3 percent. Rajiv Mehta, banking analyst, IIFL feels that a slightly increase in restructuring of assets led to the stock correction.

  • SBI is still a great stock : Jagdish Malkani

    SBI is still a great stock : Jagdish Malkani

    Jagdish Malkani, member of NSE and BSE, says that SBI is still a great play on the Indian economy. He talks to the CNBC-TV18 of the future of the bank and other PSUs in the country.

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