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

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