Axis Bank expects credit cost for next FY to be around 125 bps, says CFO Jairam Sridharan. In an interview with ET Now, Sridharan states that the watch list is a list of accounts that the firm believes could become NPAs in the future. Edited ... Economic Times, 1 month ago
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It is not clear whether operational recovery will result in enough cash flow for businesses: Jairam Sridharan, Axis Bank
*Password should have 8 to 12 Alphanumeric Characters with one Special Character. Confirm Password I want to create a User ID and have read the terms and conditions for the same Register Now Connect with We encourage visitors to register on IIFL. Registering ...India Infoline, 4 weeks ago
To access the newsletter, click on the link: here FACTORS TO WATCH 5:15 pm: Axis Bank Finance chief Jairam Sridharan to brief media on January-March earnings in Mumbai. 5:30 pm: Trade Minister Nirmala Sitharaman and DIPP Secretary Ramesh ...Reuters UK, 1 month ago
Concerns mount over government banks' earnings this month Banking system needs two years to return to normal: Fitch Investors who anticipated that India central bank Governor Raghuram Rajan would bring order to abad debt-plagued banking system ...Bloomberg, 2 weeks ago Rajan's Bank Headache Seen Lingering as ICICI Sparks Debt Angst La Repubblica, 2 weeks ago Rajan's Bank Headache to Linger as ICICI Sparks Debt Angst (1) La Repubblica, 2 weeks ago Raghuram Rajan's bank headache seen lingering as ICICI sparks debt angst Livemint.com, 2 weeks ago
Total gross non-performing assets (GNPAs) of the 12 listed banks that have declared their results for the March quarter so far rose by over 20% quarter-on-quarter to Rs 65,032.74 crore. Provisions rose even faster, growing by more than 26% Q-o-Q to ...Financial Express, 2 weeks ago
Axis Bank, India's third largest private sector lender, is staring at an elevated provisioning of Rs 9,000 crore over FY17 and FY18, as it expects the asset quality pressure to continue. This is much higher than the average provisioning of Rs 2,208 ...Smart Investor, 2 weeks ago Axis Bank to see elevated provisions over Rs 9,000 cr over FY17-FY18 Smart Investor, 2 weeks ago Axis Bank net dips 1% The Hindu, 1 month ago Axis Bank net falls 1% to Rs 2,154 crore, misses St view Economic Times, 1 month ago
In November 2014, when Reserve Bank of India Governor Raghuram Rajan tweaked the expression 'rose by any other name would smell as sweet' from Shakespeare's Romeo and Juliet and said 'NPA by any other name smells as bad', bankers were left fuming.Economic Times, 3 weeks ago
Even as the Centre is working with the RBI, banks and various other government agencies to ensure that the issue of irregularity in food credit accounts of the Punjab government are satisfactorily resolved, leading banks seem to be facing some ...Hindu Business Line, 4 weeks ago
Almost a year since the strategic debt restructuring (SDR) mechanism was formed to lessen stressed assets, banks are facing problems in getting buyers or reasonable valuation for the assets. Since its formation last June, banks have evoked SDR on ...Hindustan Times, 4 weeks ago
MUMBAI (Reuters) - Axis Bank Ltd, India's third-biggest private sector lender by assets, said it expected bad loans to rise in the current financial year and credit costs to be sharply higher, after reporting a fall in fourth-quarter profit. ...Yahoo! Finance UK and Ireland, 1 month ago Indias Axis Bank expects more bad loans in FY17 as Q4 profit falls Reuters UK, 1 month ago
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