Somasroy Chakraborty
 "Somasroy Chakraborty")
Somasroy Chakraborty
Page 15 - Somasroy Chakraborty
Srei Q1 net rises 171% on lower expenses, higher operating income
Infrastructure finance company's consolidated total income during three months was at Rs 786.7 crore, up only 3% on a y-on-y basis
 "Srei Q1 net rises 171% on lower expenses, higher operating income")
We are prepared to meet CRR, SLR obligations from Day 1: Nirmal Jain
Interview with Chairman, IIFL
 "We are prepared to meet CRR, SLR obligations from Day 1: Nirmal Jain")
Ratnakar Bank sets the stage for bigger play
The acquisition of RBS's India assets will give a boost to the lender's ambitions of gaining a pan-India foothold
 "Ratnakar Bank sets the stage for bigger play")
RBS deal to help Ratnakar Bank expand, improve brand visibility
But absorption of RBS' employees might prove to be a challenge
 "RBS deal to help Ratnakar Bank expand, improve brand visibility")
Garg appointed as ED in UCO Bank
The appointment is effective from August 5, 2013
Federal Bank to offer home loans at lower rates till September
Private lender to waive processing fees on car and housing loans during festivals
We certainly think we are eligible to set up a bank: Pawan Kumar Ruia
Interview with Chairman, Ruia Group
 "We certainly think we are eligible to set up a bank: Pawan Kumar Ruia")
Dhanlaxmi Bank aims to improve bad loan ratios in FY14
Has formed dedicated teams at regional, zonal and corporate office level for managing bad loans
 "Move to settle YES Bank case out of court")
Interest rate cycle makes a U-turn
YES Bank raises base rate; HDFC Bank, Axis hike deposit rates
Interest rate cycle takes a U turn with banks start hiking rates
YES Bank hikes base rate; HDFC Bank, Axis ups deposit rates
 "Interest rate cycle takes a U turn with banks start hiking rates")
Allahabad Bank Q1 net profit falls 19% due to rise in provisions
Eight corporate loan accounts worth Rs 675 crore became NPA in Q1
 "Allahabad Bank Q1 net profit falls 19% due to rise in provisions")
Kapil Sibal takes on Narendra Modi
Says Modi yet to reveal any alternative model for development
 "Kapil Sibal takes on Narendra Modi")
Madhu and Shagun's sudden actions are unexplainable: Wouter Kolff
Interview with Former independent director, YES Bank
 "Madhu and Shagun's sudden actions are unexplainable: Wouter Kolff")
RBI steps unlikely to harden lending rates: SBI chairman
SBI has received around Rs 5,000-6,000 crore in last few days as redemption proceeds of liquid mutual funds
 "RBI steps unlikely to harden lending rates: SBI chairman")
FM meets bankers in Kolkata
The finance minister is also expected to take stock of the non-performing asset (NPA) situation of banks in the region
 "FM meets bankers in Kolkata")
ICICI Bank to close two of its 11 branches in UK
Move follows lender's decision to repatriate $100-million capital
 "ICICI Bank to close two of its 11 branches in UK")
RS Software Q1 net profit up 17% sequentially
Revenues grew by 13% from a quarter ago to Rs 92.04 crore in April-June quarter
Bullish on micro-lending options, SKS opted out of race
The company sees biz opportunities for MFIs to grow with an increase in the number of banks
 "Bullish on micro-lending options, SKS opted out of race")
UBS India's net profit up 180% at Rs 87 cr
It will exit fixed income business but will continue with its equity and investment banking operations in the country
