Jul 06, 2011 10:47 AM IST
In an interview with CNBC-TV 18, SC Kallia, ED at Union Bank of India said that the bank expects slippages worth Rs 1800 crore in FY12, which will reflect in the earnings of first and second quarters of this fiscal.
- Jun 24, 2011 01:38 PM IST
ICRA has come out with its report on Indian Banking Sector. The research firm has mentioned that, Indian banks have made good progress over the last five years, as is evident from several parameters, including annual credit growth, profitability, and trend in gross non-performing assets (NPAs).
- Jun 15, 2011 07:08 PM IST
The Reserve Bank expressed concerns over rising exposure of banks to the real estate sector and said it could lead to an increase in the non-performing assets (NPAs) of the banking sector.
- Jun 15, 2011 12:14 PM IST
The state owned Bank of Maharashtra (BoM) plans to expand its retail lending to achieve 25% overall loan growth in 2011-12. According to A S Bhattacharya, chairman and managing director, the bank has opened 34 retail hubs to expedite loan sanctions to retail customers across India.
- May 30, 2011 12:16 PM IST
Higher provisioning by the State Bank of India in its latest quarterly results rattled investors, with the results that numbers of every public sector bank are being scrutinised carefully. Provisions for Non Performing Assets (NPAs) are rising, but they need to be viewed in context.
- May 17, 2011 03:24 PM IST
In an interview with CNBC-TV18, experts like Vaibhav Agrawal, Banking Analyst at Angel Broking, Hemendra Hazari of Nirmal Bang, Dipan Mehta, Member of NSE & BSE and Kajal Gandhi Senior Research Analyst at ICICI Securities gave their insights and views about the performance of the stock ahead.
- May 09, 2011 10:59 AM IST
Sandeep Shah of Sampriti Capital says people are not looking at more than a 50-75 bps interest rate increase but from hereon every incremental 25 bps is going to cause pain. “Interest rates have reached that inflection point where they actually start hurting earnings.”
- May 07, 2011 03:49 PM IST
PN Vijay, Portfolio Manager gives his top five blue-chips picks. He also explains how mutual funds are a vehicle that aid small investors with Rs 1-3 lakh funds by making their market journey less bumpy.
- May 06, 2011 08:22 PM IST
In an interview on CNBC-TV18, MV Nair, chairman and managing director of the bank said that a slippage in the net profit is a result of the most provisions that happened in the last quarter.
- May 03, 2011 12:47 PM IST
Shailendra Bhandari, MD & CEO, ING Vysya Bank told CNBC-TV18 that he expects the base rate to likely go up by 25 bps. "Bank NIMs to be hit by 11 bps on savings rate hike while an increase in provisioning can lead to a hit of 10-15 bps," he adds.
- Apr 15, 2011 12:24 PM IST
In an interview with CNBC-TV18, Murali M Natrajan, MD & CEO of DCB highlighted that it's net non-performing assets (NPAs) are below a 1%. He said that the bank has provided 100% of the NPAs on unsecured personal loans. So, the NPAs are expected to halve by the end of this year.
- Mar 30, 2011 08:52 AM IST
State-run lender, Bank of Maharashtra, aims to reduce its non-performing assets (NPAs) to less than 3% in the current fiscal from 3.18%, a top bank official said on Wednesday.
- Mar 24, 2011 12:24 PM IST
S Bhatacharya, CMD of Bank of Maharashtra, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, said that the ministry of finance, Reserve Bank of India and Government of India decided to credit the money into Bank of Maharashtra account on Wednesday.
- Mar 16, 2011 05:21 PM IST
The Reserve Bank of India is slated to announce its next mid-quarter review of the monetary policy on March 17. In an interview with CNBC-TV18, Shyam Srinivasan, MD & CEO, Federal Bank spoke on his expectations from the RBI.
- Jan 22, 2011 05:09 PM IST
Hemindra Hazari of Karvy Stock expects to see an increase in NPA levels for the bank. "In the last one to two years there has been an urgent effort by the management to increase this market share and credit," he states.
- Jan 21, 2011 06:24 PM IST
Alok Kumar Mishra, the Chairman and Managing Director of Bank of India in an exclusive interview said that he sees the FY11 Credit and Deposit growth at 21-22% and hopes to maintain the bank’s net interest margins at 3% this fiscal.