Cadmus Capital was set up to provide investment banking and advisory services to companies that form the mid-cap segment in industry. The company’s Co-founder and former CEO of TFCI, Anirban Chakraborty, says the more nimble firm not only provides traditional banking services, but also serves as strategic partners to businesses. In an exclusive interview with Ruhail Amin, Chakraborty talks of the evolving financial landscape, stressed assets and innovations like structured finance. Excerpts:
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As the banking sector struggles to keep deposits’ pace in line with credit growth, state-owned lender Canara Bank remains confident about mobilising deposits and improving its NIM
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This is a significant improvement over the previous system where there was a delay of one or two working days for the funds to be transferred
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The trend continued with GNPA reducing to Rs 5,71,544 crore (GNPA ratio of 3.87 per cent) as of March 31, 2023, and Rs 4,80,687 crore (GNPA ratio of 2.75 per cent) by March 31, 2024 (provisional data)
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The repo rate, which has been maintained at 6.5 per cent since it was last increased in February 2023, is widely expected by experts to remain unchanged for the ninth consecutive bi-monthly policy review
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This 12-digit identification system has revolutionised the way identity verification is conducted, enabling secure and seamless authentication without the need for physical presence
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The bank has also seen strong resolution momentum, with recoveries/resolutions at Rs 1,581 crore in Q1FY25
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The profit of Kotak bank surged because of the selling of stake in Kotak General Insurance to Zurich Insurance group
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State Bank of India raises marginal cost of lending rates, impacting EMIs on personal and auto loans, effective 15 July
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The instrument is rated AAA with a stable outlook. The current issuance, the total outstanding Long-Term bonds issued by the Bank is at Rs 59,718 crores
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