Sl Bansal

On the sidelines of the second edition of a two-day conference, Gyan Sangam, CNBC-TV18 brings SL Bansal, Ashvin Parekh and Hemindra Hazari to talk about the non-performing loans (NPL) menace banks have been facing with in its special series 'Gyan for Banks'.

PSBs need to track credit better to check NPLs: Ex-SBI CFO

Diwakar Gupta, former MD & CFO of SBI, said the primary reason behind the poor show on the NPL front is the fact that not much has changed on the ground for PSU banks. Public sector banks need to track credit better to control gross NPLs, he added.

Lack of due diligence led to OBC, Dena Bank scam: GS Sandhu

According to media reports, the Finance Ministry has unearthed a scam involving public sector banks -- Oriental bank of Commerce and Dena Bank -- of having misappropriated funds to the tune of Rs 436 crore.

Scam: Dena Bank, OBC fall 5% on misappropriation of funds

According to the report, a branch manager of Dena Bank mobilised (using middlemen) fixed deposits (FDs) to the tune of Rs 256.49 crore from seven corporates while in case of OBC, misappropriation of funds to the tune of Rs 180 crore was reported (which was deposited by an organisation as fixed deposit).

OBC expects NPA woes to ease Sept quarter onwards

SL Bansal believes corporate loans will be the next trigger point where some slippages can happen.

CERC order will aid discoms' finances: OBC

SL Bansal, chairman and managing director, Oriental Bank of Commerce, says the bank won't convert any loans to bonds for dicoms in Q4.

Despite weak Q3 nos, OBC unlikely to raise base rates: CMD

SL Bansal of OBC believes it is difficult to pass on the increased lending rate to the customer as it will cause a lot of stress on the borrower.

Discoms paying power cos after debt recast, OBC confirms

After media reports suggested that the UP State Electricity Board (SEB) had recast its loans, CNBC-TV18 spoke with Oriental Bank of Commerce Chairman SL Bansal -- one of the bankers who is part of the consortium -- who confirmed the news.

Timely recognition, resolution of bad loans must: Experts

According to experts, there should be time bound recognition and resolution of bad loans, so that the value of the asset doesn‘t simply erode. Also, there should be performance based compensation as recognition for some good work done.

Eye 14% growth in FY14, won't raise lending rates soon: OBC

OBC's SL Bansal expects the public sector lender to grow around 14 percent in FY14. The bank is unlikely to raise its lending rates in the next 45 days as that will hurt its profit required to sustain in the long-run, he adds.

Mkts to react positively to Rajan's statements: Experts

It is a welcome sign for the Indian economy that the incoming governor knows exactly what he wants to do and that he has laid out his programme, feel experts

Most of banks' losses have been taken care of by RBI: OBC

In an interview to CNBC-TV18, SL Bansal, CMD, Oriental Bank of Commerce said that before July 15 most of the banks were sitting on reasonable profits, then the yields started moving northwards and banks were sitting on the huge losses. However, now most of the losses have been taken care of by RBI's decision on Tuesday.

Hiked rates due to RBI steps; base rate hike on hold: OBC

SL Bansal, chairman and managing director of OBC says that the step had to be taken primarily due to Reserve Bank's (RBI) liquidity tightening measures since mid-July.

Won't revise rates soon; aim to maintain NIM at 2.85%: OBC

Cash flows are under a lot of pressure which has resulted in a slight increase in gross NPA and net NPA, says OBC CMD SL Bansal. Meanwhile, the bank aims to maintain net interest margin in the range of 2.85-2.87 percent ahead.

Add'l subvention, priority status may aid exporters: OBC

SL Bansal, chairman and managing director (CMD) of Oriental Bank of Commerce (OBC) speaks to CNBC-TV18 about the government's decision to increase the export subvention rate from two to three percent.

Wary of deposit rate repricing; profits may be hit: OBC

In an interview to CNBC-TV18, SL Bansal, CMD at Oriental Bank of Commerce says repricing of deposits near maturity will now be a serious concern as rates have been increased by 200 basis points.

Exporters to gain 1.5-2% on priority sector inclusion: OBC

Committee headed by G Padmanabhan, ED, RBI, has recommended that export credit be allowed to be a part of priority sector lending (PSL) for all commercial as well as foreign banks for a period of three to five years

RBI norms to make parties in CDR responsible: OBC

SL Bansal, chairman and managing director Oriental Bank of Commerce (OBC) explains, on CNBC-TV18, that the guidelines will significantly safeguard banks and restore an element of responsibility in the process of debt-restructuring.

Expect Q4 margins to be better than Q3: OBC

The Q3 margins stood at 2.84 per cent as compared to 2.79 per cent quarter on quarter basis. In an interview to CNBC-TV18, SL Bansal, Chairman & MD, OBC said, 'We are expecting that our margin in the next quarter will be much better. It should be close to 2.95 per cent".

RBI, state govts to take final call on SEB loans: Experts

The Reserve Bank of India (RBI) on Thursday confirmed that they have asked banks to have a relook into the loans that they had restructured after negotiating with various power distribution companies (discoms).

Q3 bottom-line to see subdued growth: OBC

SL Bansal, CMD, Oriental Bank of Commerce, says that net profit of most of the banks will show subdued growth in the third quarter.

SARFAESI act to empower financial institutions: Experts

SL Bansal, CMD of Oriental Bank of Commerce is of the opinion that the new amendments will strengthen the financial institutions and give them more power to deal with NPAs, he added.

Banks may start cutting base rates post CRR cut

In an interview to CNBC-TV18, SL Bansal, chairman and managing director, Oriental Bank of Commerce and Arun Kaul, chairman, UCO Bank speak about the RBI policy and give their outlook going forward.

Have Rs 18000cr exposure to agri sector: OBC

With monsoons giving a slip this time, banks having exposure to agriculture loans may have reasons to worry.

Confident of achieving over 3% on NIMs in FY13: OBC

Talking about the bank‘s net interest margins, SL Bansal, CMD of Oriental Bank of Commerce said, "We closed last financial year at 2.68%. We had given a guidance of 3%. Now we have moved to 2.76% and I am confident going forward we will be crossing 3% margin for FY13."