Ad Here  
July
August
September
October
November
December
 
 
All that glitters is not gold... Nothing much can happen…. Small is ‘more’ beautiful Insatiable appetite for credit How ‘secure’ are the secured loans? Rationalised Thirty more cities seek to become SMART Small finance payment banks... Just 660 days! Target over-ambitious... Why priority status? A new development bank rising in the east… Growing volume of stressed assets… Cut in repo rate – lower than expected Good, bad and ugly Fund healthcare clinics in villages... The paradox: clamour for the Goliath and David It’s a war on black money, support it. Big bank merger, bigger expectations Aadhaar, niraadhaar and banking A bank for women, by women Why any time money? Drastic decline in asset quality Mega merger is on Another route for achieving financial inclusion Financial inclusion vs unclaimed deposits Cautious and considerate Drop in SLR- sparing lendable resources Smart banking in smart cities What is the priority – mergers or NPA reduction? LVB- A supermarket of financial services Cradle of banks to a smart city... Lacklustre credit expansion Perhaps small is more beautiful than big! Well-lived... Monetary policy continues to adopt dis-inflationary path From lazy banking to easy banking Holy or unholy? Reaching the Unreached… Ernakulam excels... Two banks: their jubilees and performances Anytime banking to anywhere banking Grows Bigger Too big to fail and too small to sail Needed a Banking Atlas Merger mania haunts banks Targets continue to be ad hoc Small finance banks offer high interest rates Reaching out: is it slowing down? Banking in Telangana Banking on Risk United India Insurance - Rs 110 crore losses have been claimed till now due to floods in Tamil Nadu Managing NPAs... New capitals of Migrant banks Capital base of regional rural banks raised How okay are new banks? Greet Lakshmi the banking robot Banking overhauling or reorganisation? Indian customers are tech savvy Bottomlines shrink, bad loans rise... Governance in Reverse Gear? A development bank for BRICS Who is the real beneficiary? Growing gainfully Bank deposits account for 46.3 per cent of household savings Payment banks have arrived Ferrying digital banking to Lakshadweep Emerging crisis Hesitancy in announcing year-end results The collaboration suite of cyber criminals One down in private sector New bank licences, at last... Stage set for Indian ‘avatar’ of foreign banks
 
Hesitancy in announcing year-end results

Unlike the previous years, banks appear to be hesitant in publishing their financial results of FY2014. Last year, there was keen competition among them to be among the first banks in publishing the year end data. During the first week of April 2013 itself some of them came out with full-page multi-colour ads. Most of them had enviable financial results to show.

This year many of them are not willing to show customers their slim bottom-lines (pun unintended). Only three banks,clend.net have published their annual results during the last week of April. As net profits of FY 2014 were lower than the previous year, the size of their

advertisements was reduced. One of them has settled for a quarter page. The youngest public sector bank, perhaps is the only bank, which went for a full-page black and white ad.  Invariably the font size used in all the tables is small enough to deter the inquisitive reader from comparing the previous year’s data!

The spurt in NPAs is responsible for the poor performance of banks on the profit front.  The increases in the gross NPA ratios have compelled all of them to make larger provisions. Banks alone cannot be blamed for this dismal picture of the banking sector; it is partly a replica of the economic scenario, particularly of the industrial sector, the major recipient of bank finances.

Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com