Somasroy Chakraborty
 "Somasroy Chakraborty")
Somasroy Chakraborty
Page 10 - Somasroy Chakraborty
Private lenders focus on cost control to improve earnings
A shift in focus of banks towards improving efficiency and utilisation rates resulted in a decelerated rise of operating expenses for most private lenders in the October-December quarter as against th
 "Private lenders focus on cost control to improve earnings")
UCO Bank Q3 net profit trebles to Rs 315 crore
Higher interest income, better margin aid earnings growth
 "UCO Bank Q3 net profit trebles to Rs 315 crore")
Reserve Bank's decision to increase LTV will rebuild lost confidence: Thomas John Muthoot
Innteview with Chairman & MD, Muthoot Pappachan Group
 "Reserve Bank's decision to increase LTV will rebuild lost confidence: Thomas John Muthoot")
 "FCNR (B) deposits aid banks' loan growth")
Profit will not fall because of hidden NPAs after I retire: Shubhalakshmi Panse
Interview with Chairperson & managing director, Allahabad Bank
 "Profit will not fall because of hidden NPAs after I retire: Shubhalakshmi Panse")
Yes Bank Q3 up 22% at Rs 416 cr
Lower provisions, higher non-interest income drive earnings growth
 "Yes Bank Q3 up 22% at Rs 416 cr")
SKS Microfinance regains investor confidence
The company stock gained about 150% in the last one and a half years
 "SKS Microfinance regains investor confidence")
HDFC Bank aims to offer 1 mn credit cards in '14
Lender had 5.12 mn cards - almost a third of the total number of credit cards in the industry - at the end of November, 2013
 "HDFC Bank aims to offer 1 mn credit cards in '14")
Newsmaker: Nachiket Mor
A banker who is never short of ideas
 "Newsmaker: Nachiket Mor")
 "Jammu & Kashmir turns paradise for new-age private banks")
Muted growth likely for banks
Loan defaults and restructuring to limit profits
 "Muted growth likely for banks")
Fee income growth of banks lacks wings
Analysts point to recent data to say the recovery might not sustain
 "Fee income growth of banks lacks wings")
Banks wise up to outwit card fraudsters
New guidelines by RBI on card usage will make it difficult for swindlers to dupe cardholders, but customers say security has come at the cost of convenience
 "Banks wise up to outwit card fraudsters")
HSBC wants only the wealthier of clients
Average monthly balance is a combination of savings account, current account and fixed deposit balances
 "HSBC wants only the wealthier of clients")
M&A deals continue to shrink in 2013
Outbound deal count in the current calendar year fell to 100 from 154 in 2012
 "M&A deals continue to shrink in 2013")
Newsmaker: Paresh Sukthankar
The crown prince of HDFC Bank
 "Newsmaker: Paresh Sukthankar")
Bank branch expansion at a decade's high
State-run and private sector banks together open 7,300 branches in 2013
 "Bank branch expansion at a decade's high")
India Inc raises $9 bn via overseas bonds in 2013
Raises more than double the amount raised last calendar year
 "India Inc raises $9 bn via overseas bonds in 2013")
Banks try to attract home buyers with low interest rates
Part of a focus on retail advances, as corporate demand remains subdued; could reverse if RBI raises repo next month
 "Banks try to attract home buyers with low interest rates")
ITC may raise cigarette prices
As a result, many shopkeepers are asking customers to pay more than MRP printed on cigarette packs
 "ITC may raise cigarette prices")
