Somasroy Chakraborty
 "Somasroy Chakraborty")
Somasroy Chakraborty
Page 18 - Somasroy Chakraborty
HDFC Bank's Aditya Puri is still highest-paid Indian bank CEO
He earned Rs 5.02 cr during the last financial year. His remuneration rose 2.4% from a year earlier
 "HDFC Bank's Aditya Puri is still highest-paid Indian bank CEO")
Future Financial may be first MFI to opt out of debt recast
To repay Rs 110 crore restructured loans, release promoter's guarantee
 "Future Financial may be first MFI to opt out of debt recast")
Srei Infra's Q4 net profit rises fivefold
Shareholding of Srei in Quippo has reduced 45.5% from 100%
Public sector banks stop recruitment from B-schools after court order
Central Bank of India to appeal in SC against HC order restraining campus hiring
 "Public sector banks stop recruitment from B-schools after court order")
SPS Steels Rolling Mills may opt for debt restructuring
Company has already initiated discussions with banks to restructure around Rs 550 cr loans
RBI focus on consolidation, niche licence
Discussion paper on banking structure rejig by June-end
 "RBI focus on consolidation, niche licence")
Professional forecasters cut FY14 GDP growth forecast to 6%
The forecast reflects views of professional forecasters outside RBI and not of the central bank
 "Professional forecasters cut FY14 GDP growth forecast to 6%")
Kotak Mahindra Bank net profit rises 47%
The bank's consolidated profit after tax grew 19% during the last financial year to Rs 2,188 crore
 "Kotak Mahindra Bank net profit rises 47%")
Margins drive private banks' profitability
According to bankers and industry analysts, the growth in private banks' credit portfolio was driven by higher demand for retail loans
 "Margins drive private banks' profitability")
Some companies are mis-utilising the CDR mechanism: Shubhalakshmi Panse
Interview with CMD, Allahabad Bank
 "Some companies are mis-utilising the CDR mechanism: Shubhalakshmi Panse")
We plan to open offices in 7-8 new countries: Archana Bhargava
Interview with Chairperson & MD, United Bank of India
 "We plan to open offices in 7-8 new countries: Archana Bhargava")
China's pain doesn't provide optimism, yet
Rising costs in China provide an opportunity, but competition, low automation and scale mar prospects
 "China's pain doesn't provide optimism, yet")
Money laundering: HDFC Bank says probe into Cobrapost expose yet to find irregularities
25 staff to remain suspended till completion of investigation
 "Money laundering: HDFC Bank says probe into Cobrapost expose yet to find irregularities")
Bengal govt ignored RBI alert in Dec
Subbarao had even publicly said all states had been warned to act, that it was solely their responsibility
 "Bengal govt ignored RBI alert in Dec")
Bengal govt asks NRI to take over Bengali daily
Sakalbela had a circulation of around 22,000, but it was in decline and the latest figures were 12,000-13,000 copies
Gold loan firms swing into action as falling prices spell trouble
May recall loans in extreme cases; loan-to-value ratio at 60% but scrap value 75%
 "Gold loan firms swing into action as falling prices spell trouble")
HSBC looking at commercial banking biz beyond metros
The foreign lender's commercial banking unit in India currently has 700 employees
 "HSBC looking at commercial banking biz beyond metros")
Indian banks' overseas workforce expands
However, foreign banks cut jobs in India
 "Indian banks' overseas workforce expands")
Caspian Advisors to set up $40-mn debt fund in India
Fund to invest in MFI, small business, farm sectors
 "Caspian Advisors to set up $40-mn debt fund in India")
Banks put properties worth over Rs 20k cr on the block to recover dues
NPAsource.com has registered 21,470 properties across Indian cities
