Thursday, 10 May 2018
Federal Bank growth intact, extra NPAs came from old accounts: CEO
Shyam Srinivasan, MD and CEO, Federal Bank, is clear that RBI’s NPA guidelines led to recognition of the slippages. Talking to ET Now, Srinivasan made the point that there is no need to raise funds as capital adequacy is stable and almost all of it is in tier I capital.
You can read more here: Federal Bank growth intact, extra NPAs came from old accounts: CEO
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Life insurers earn more in Oct selling lesser policies
The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...
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