Somasroy Chakraborty
 "Somasroy Chakraborty")
Somasroy Chakraborty
Page 21 - Somasroy Chakraborty
Somasroy Chakraborty: India Inc and the Big Bank theories
Global experience in allowing corporate groups to set up banks reveals that stringent regulation is the best defence against malpractice
Our cost of funds is still high: Shyam Srinivasan
Q&A with Federal Bank MD & CEO
Lending rate cuts key to recovery: BofAML
Does not expect investment to turn around till lower lending rates revive demand
 "Lending rate cuts key to recovery: BofAML")
New banking guidelines in two minutes
New banking guidelines in two minutes
Holding company to ring fence banks from promoter groups' biz
Only non-financial services companies, individuals of promoter group will be allowed to hold shares in NOFHC
Banks step up efforts to prevent credit card frauds
Move follows rising instances of phishing and skimming attacks
 "Banks step up efforts to prevent credit card frauds")
Portable ATMs gain popularity among banks
Typically, a mobile ATM is put on a van that moves from one location to another
 "Portable ATMs gain popularity among banks")
Lower retail loan rates may pinch banks' margins
To make their retail portfolio bigger, banks are aggressively lowering interest rate
 "Lower retail loan rates may pinch banks' margins")
Will leverage on LuLu's relationships in West Asia to grow deposit base: S Santhanakrishnan
Interview with Chairman, Catholic Syrian Bank
 "Will leverage on LuLu's relationships in West Asia to grow deposit base: S Santhanakrishnan")
Long bankers' queue for Lakshmi Vilas Bank CEO
Senior executives from SBI, ex-RBI official among applicants
 "Long bankers' queue for Lakshmi Vilas Bank CEO")
Our cost of funds is still high: Shyam Srinivasan
Interview with MD & CEO, Federal Bank
 "Our cost of funds is still high: Shyam Srinivasan")
 "Multiplicity of frauds keeps banks jittery")
MFIs struggle to repay restructured loans
Say Andhra Pradesh Act continues to hurt operations
 "MFIs struggle to repay restructured loans")
Axis Bank raises Rs 5,537 crore via share sale
Out of total funds, the bank raised Rs 4,726 crore through QIP
Kotak Mahindra Bank buys business loans book of Barclays India
With this acquisition, Kotak will have 6,000 customers with total loans outstanding of about Rs 700 crore
Asset quality stress persists for UCO Bank, UBI
Q3 net profits fall on higher provisions
Kotak Mahindra Bank buys business loans book of Barclays India
With this acquisition, Kotak will have 6,000 customers with total loans outstanding of about Rs 700 crore
Asset quality stress persists for UCO Bank, UBI
Q3 net profits fall on higher provisions
