Federal Bank's major challenge has been its restructured book. But it has come down to Rs 1500 crore in the fourth quarter of FY16 from Rs 2300 crore.
Much of the slippages during the quarter have come in the corporate and SME loan accounts, says Shyam Srinivasan, MD & CEO of Federal Bank
Dena Bank's exposure to discoms stands at around Rs 7000 crore of which Rs 3300 crore of debt has been restructured, says chairman and managing director Ashwani Kumar.
In an interview to CNBC-TV18, Jatinderbir Singh, chairman and managing director, Punjab & Sind Bank shares his views on the bank's Q4 numbers.
Ratings agency CARE today pegged India's FY14 GDP growth at 6 percent and said the expansion over the current fiscal will also boost bank credit.