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