NEWS & ADVICE : PERSONAL LOAN
Bank's asset quality better than what it was 10 years back : KV Kamath
By Vaibhav Aggarwal
Aug 13, 2012
Print    Email    RSS   
Despite the increasing regulatory pressure of Reserve Bank of India (RBI) on debt recast by banks, ICICI Bank Chairman, Mr. KV Kamath has appreciated the bank's asset quality. Mr. Kamath believes that the current situation is better than what it was a decade ago.

"The stress in restructured assets in India is very small compared to what it was earlier. Though there is lot of talk about the quality of assets, today, it is healthier than what it was 10 years ago," he added.

Recently, the banking regulator had increased the provisioning on debt recast. Mr. Kamath also pointed out that banks have got enough capital citing example of ICICI Bank, which has a capital adequacy ratio of 18.5%, which is more than double the regulatory requirement of 9%.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
A chronicle of excesses by loan recovery...
Benefits and drawbacks of personal loans...
How to decide on a loan for business?
Carnival of Indian Personal Finance Blogs # 9
Loan upper limit increased for women


Model Escoℛts Service In Pune 8888IOO484 Caℓℓ...
What is the outstanding Amount for my personal loan
ho many month balance in My Personal loan

NEWS THIS WEEK
LVB bank joined hands with NCML Feb 18, 2015
Syndicate Bank hiring 5000 new staff Feb 12, 2015
SBI donated Rs 8.6 cr as a part of CSR activity Feb 11, 2015
Canara Bank tied up with NHBC Feb 9, 2015
Hiring for Probationary clerks in South Indian Bank Feb 5, 2015
News Archive