Indian Bank‘s fresh slippages in the third quarter stood at Rs 531 crore against Rs 700 crore quarter-on-quarter.
In an interview to CNBC-TV18, TM Bhasin, CMD, Indian Bank spoke about Q1 numbers and exposure to Lanco Infratech, which has proposed debt recast for loans worth Rs 7500 crore.
Banks' loan growth improved in the first two months of the second half of the fiscal year as demand from home loan and retail borrowers picked up
Indian Bank has announced its results for the first quarter. Chairman and managing director TM Bhasin explains to CNBC-TV18 the various aspects of the company‘s performance during the quarter including the significant improvement in asset quality.
In an interview with CNBC-TV18, TM Bhasin, CMD, Indian Bank says, the bank expects 25% loan book growth and 25% deposit growth in FY12.
In an exclusive interview with CNBC-TV18, Indian Bank’s chairman and managing director TM Bhasin says the company is likely to continue to grow on the core business of retail deposits and recoveries in FY12.
Most bankers feel that if inflation pressure continues to be the same way, then the RBI will be forced to hike the interest rates by 25 basis points in the next policy. In an interview on CNBC-TV18, Uday Kotak, vice-chairman and managing director of Kotak Mahindra Bank, said the RBI will keep hiking interest rates.
Where are interest rates headed? In an interview with CNBC-TV18, Arun Kaul, Chairman, UCO Bank and TM Bhasin, CMD, Indian Bank, answer.
In an exclusive interview on CNBC-TV18, Arun Kaul, chairman of UCO Bank and TM Bhasin, chairman and managing director of Indian Bank shared their views on inflation and interest rate expectations.
In an interview with CNBC-TV18, TM Bhasin, CMD, Indian Bank, spoke about the third quarter results and gives his outlook going forward.