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  • No new additions to NPAs in Q2, hope trend continues: REC

    REC‘s restructured book has had no new loan additions during the quarter says Ajeet Kumar Agarwal, Director-Finance of REC while sharing details on the second quarter results with CNBC-TV18.

  • OBC Q1 net seen down 45%, NII likely at Rs 1339 cr

    OBC Q1 net seen down 45%, NII likely at Rs 1339 cr

    Gross non-performing asset (NPA) below 10 percent will be positive

  • Cleaned up balance sheet well ahead of RBI deadline: Vijaya Bank

    Cleaned up balance sheet well ahead of RBI deadline: Vijaya Bank

    Vijaya Bank currently has five accounts under strategic debt restructuring (SDR) totaling Rs 400 crore and the bank has already started provisioning for these as a matter of prudence, says Kishore Sansi, MD & CEO.

  • Expect slippages rate to decline in coming qtrs: South Indian Bk

    Expect slippages rate to decline in coming qtrs: South Indian Bk

    In an interview to CNBC-TV18 after reporting the fourth quarter results, VG Mathew, MD & CEO of South Indian Bank said, slippages are mainly from large corporate book, which have gradually been substantially cleaned up.

  • Loan growth at 23%; Q1 net slippages at Rs 7 cr: IndusInd

    Loan growth at 23%; Q1 net slippages at Rs 7 cr: IndusInd

    Romesh Sobti, MD and CEO, IndusInd Bank, says not just on the profit front, the bank's loan growth too rose 23 percent versus industry growth at 9.3 percent.

  • Guidance key; SBI's asset quality number good: Pros

    Guidance key; SBI's asset quality number good: Pros

    Vaibhav Agarwal of Angel Broking says on the asset quality front, the bank has reported good numbers. It indicates that like its third quarter, in the fourth quarter too SBI did good recovery and upgrades, he says.

  • Fresh slippages, restructured book of BoB a worry: IDBI Cap

    Fresh slippages, restructured book of BoB a worry: IDBI Cap

    Worsening asset quality is a worry indeed, but Jignesh Shial, research analyst, IDBI Capital Markets says what is more worrying is that these banks are not growing, putting pressure on margins as well.

  • Net slippages down, trend likely to continue: BoB

    Net slippages down, trend likely to continue: BoB

    SS Mundra, Chairman, Bank of Baroda expects slippages to go down even in the next quarter and then the period of more or less normal slippages will come.

  • Aiming at 22-25% credit growth ahead: J&K Bank

    Aiming at 22-25% credit growth ahead: J&K Bank

    Jammu and Kashmir Bank declared a special dividend of 500 percent and is eyeing 20 percent growth going ahead.

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