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Vijaya Bank disappointed this quarter under pressure of deteriorating asset quality. In an interview to CNBC-TV18, Kishore Sansi, MD & CEO of the bank spoke about the results and gave his outlook.
In an interview to CNBC-TV18, Kishore Sansi, Managing Director and Chief Executive Officer at Vijaya Bank spoke about the results and his outlook for the company.
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.
The Bank reported weak set of earnings for the second quarter ended September, 2015. The net profit came in at Rs 115.3 crore versus Rs 143.7 crore reported for the same quarter last fiscal.
In an interview to CNBC-TV18, Kishore Sansi , managing director and chief executive officer, Vijaya Bank, shares his views on the bank's number and the expectations from upcoming quarters.
The bank expects Rs 800 crore of recovery/upgradation in fourth quarter, said Kishore Sansi, MD & CEO of Vijaya Bank.
In an interview with CNBC-TV18‘s Reema Tendulkar and Sonia Shenoy, Kannan said, while discussing the bank‘s second quarter earnings, that net NPAs rose to 1.77 percent in the previous quarter to 1.88 percent, due to the failure of two restructured assets.
Vijaya Bank's CMD HS Upendra Kamath spoke CNBC-TV18 post the bank's first quarter earnings stating that he hopes to maintain a net-interest margin of higher than 2.2 percent in FY14
In an interview to CNBC-TV18, Upendra Kamath, chief managing director of Vijaya Bank gives his views on the bank's Q3 performance.
Angel Broking has come with its September`12 quarterly earning estimates for banking sector. According to the research firm banking stocks remained under stress on increased asset quality concerns.
Vijaya Bank announced its results for the first quarter of 2012-13 on Wednesday. HS Upendra Kamath, CMD, Vijaya Bank, explains to CNBC-TV18 the various aspects of the bank‘s performance during the quarter.
Angel Broking has come out with its June quarterly earning estimates for banking sector. The research firm expects margins to come under pressure in 1HFY2013.
Angel Broking has come with its March quarterly earning estimates for banking sector.
Angel Broking has come with its quarterly earning estimates for banking sector.
HS Upendra Kamath, chairman, Vijaya Bank speaking to CNBC-TV18 about the financial performance of the bank said that it has been able to do relatively well in Q1 and Q2 and is hopeful of containing NPLs at manageable levels ahead.
HS Upendra Kamath, Chairman, Vijaya Bank aims to contain gross non performing assets (NPAs) to the level of less than 2% in the remaining nine months with 100% system driven NPA.
Upendra Kamath, chairman of the bank joins CNBC-TV18 to discuss the yearly numbers and give his views on how the company is poised, going forward.
In tune with the industry expectations, after Reserve Bank of India’s key rate hike by 50 bps, Vijaya Banks discloses a likely hike in the base rates and bench mark prime lending rates (BPLR). HS Upendra Kamath, chairman of Vijaya Bank shares that the rates hike to be announced on Thursday will be in the lines of a 50 bps rise.
HS Upendra Kamath, Chairman of Vijaya Bank, in an interview with CNBC-TV18's Sonia Shenoy, gave his perspective of the fourth quarter performance and their divulged future plans.