RK Bansal, chairman, CDR Cell says besides the number of cases, the size of cases are also a concern. He does not see reduction in the number of debt restructuring cases immediately, though the September figure suggests the number has not gone up.
IDBI Bank's fourth quarter net profit fell by 28 percent year-on-year to Rs 554.5 crore, as announced on April 25.
State-run IDBI Bank is witnessing some pressure on margins due to continuing high cost of funds and its decision to aggressively cut the lending rates.
In attempt to unlock some value, IDBI Bank may try to sell shares of unlisted companies in this calendar year, RK Bansal, ED & CFO, IDBI Bank told CNBC-TV18 today.
About 5% of the issue will be given to LIC as a preferential allotment, informs RK Bansal, ED & CFO of IDBI Bank.
RK Bansal, ED & CFO, IDBI Bank tells CNBC-TV18 that he is not worried about his banks exposure to the aviation sector.