Ps Jayakumar

The net NPA ratio for the merged entity is likely to be below 3 percent in 2019-20.

Banks unfazed by flagging retail loans, say housing push to help

The demonetisation demon has come to haunt banks as their meal ticket retail loans have taken a hit by slower growth during the three months starting November.

BoB tanks 9% post Q3 nos; analysts see asset quality pressure

Loan growth would be a disappointment as compared to investors' expectations and return on equity visibility beyond 12-14 percent by FY2019 still poses as a challenge, the brokerage house says. Kotak has increased target price to Rs 170 from Rs 160.

Banks rush to buy cyber security cover as digital payments rise

This is despite the fact that the industry base for cyber insurance is currently as low as Rs 60 crore.

RBI Monetary Policy: Bank of Baroda chief sees limited scope for rate cut

There is an expectation of a reduction in interest rate but banks have transmitted the cost of funds reduction at this point of time. And therefore, avenue for further reduction in interest rates seems less likely, said PS Jayakumar, Managing Director and Chief Executive of Bank Of Baroda.

Demonetisation: Low-cost deposits growth positive for banks, says PS Jayakumar

Bank of Baroda‘s savings account growth after demonetisation stands at Rs 38,000 crore. Sanctions in the third quarter have been robust with drawdowns on the lower side, PS Jayakumar, MD & CEO of Bank of Baroda said.

We hope to have our ATMs recalibrated by Nov 24-25: BoB

Bank of Baroda's Q2 earnings beat estimates as slippages halved on a quarter-on-quarter basis. Speaking to CNBC-TV18 PS Jayakumar, MD & CEO of Bank of Baroda said that long-term impact in terms of use of e-payments would be positive.

Govt can't expect RBI to do everything for growth: BoB chief

State-run lender Bank of Baroda Managing Director and CEO PS Jayakumar today said the onus of recovery is on the government and not Reserve Bank.

BoB holds loan recovery target, sees more consolidation in Q4

With an objective to emerge as a better bank, preference of consolidation will be for banks which can give a complimentary edge in geographical presence, says PS Jayakumar, CEO and Managing Director, of Bank of Baroda.

Norms for stressed assets pragmatic, but not panacea: experts

Jairam Sridharan, CFO of Axis Bank said that with this scheme lenders and borrowers can now move forward in a meaningful way.

Will grow balance sheet by 10% in FY17: Bank of Baroda

While there can be a net stress addition between Rs 5,000 crore and Rs 10,000 crore in FY17, changes in regulation can lead to better recoveries, says PS Jayakumar, MD and CEO, Bank of Baroda.

Expect to return to FY14 profit levels next year: Bank of Baroda

The new MD of Bank of Baroda PS Jayakumar has informed the government that his bank won't be needing capital and neither does he see any capital dilution for the next 18-24 months

Will appoint external agency to probe scams: New BoB chief

"We will be appointing an external agency to investigate scam and we will make a detail presentation to the audit committee within a week," he said, adding the bank will prepare future plan in 90 days

Only sweeping structural change can lift PSBs: Religare Cap

Nobody from the private sector wants to lose out the hefty pay packages which are into millions and take very challenging role of PSU, says Parag Jariwala of Religare Capital Markets.

BoB up 15%; Morgan Stanley raises target on new management

According to Morgan Stanley, newly appointed CEO PS Jayakumar and non-executive Chairman Ravi Venkatesan may help BoB clean the balance sheet aggressively, raise capital and position the bank for growth.

Checkout the new faces of public sector banks

Checkout the new faces of public sector banks