Incoming CEO P S Jayakumar has task cut out to rebuild bank's credibility
P S Jayakumar is taking over at a time when the bank is embroiled in an 'illegal foreign exchange transfer' case
For FPIs, the central bank will be increasing the investment limit for government securities to Rs 179,500 cr by January 1 from the existing Rs 153,500 cr
Treasury gain to boost earnings but profitability of PSBs to remain under pressure
RBI has restricted the bank's expansion due to poor health
Acceptance, working within govt system & staff relations among the key challenges for the private sector veteran, who takes charge this week
However, govt bond yields dropped sharply by nearly 20 basis points
Flags deteriorating profitability and operational inefficiency
The yield on the 10-year benchmark bond has dropped by a sharp 32 bps during the quarter, compared with a rise of 12 bps during the financial year's first quarter
Idea will face political and trade union challenge before becoming reality
Bank's focus is on those accounts to which only one or two lenders have exposure
Continuing losses, falling asset quality remain trouble spots
Interview with Managing director, Capital Local Area Bank
Inflows rise both from people who send money to households back-home each month and those who repatriate savings sensing opportune time
New chief wants more aggression to break out of slow growth lane; rise in stressed loans and falling net, margins need tackling
Set stiff terms for fresh loans for bond repayments; May ask promoters to pledge more of their holding; Could insert a strategic debt restructuring clause
NHB will work with RBI to address issues like loan retention and capital requirement, National Housing Bank MD and CEO Sriram Kalyanraman says
Annual financial inspection underway