Sensex Today | Stock Market Live Update: Nifty down 150 points; Landmark Cars gains 13% on Q1

Nidhu Saxena, Bank Of Maharashtra On CNBC-TV18

Agenda For FM Meet Focused On Preparedness & Steps Taken For ECBs, FCNR(B)

Out Of 27% Growth, 3% Is Contributed By IBU, Means Domestic Advances Are Growing At 24%

$1 Billion Overseas Foreign Currency Borrowings Likely To Be Raised For The Bank

Refinancing Element Has Been Supportive

Rs 19,000 Cr Of Refinancing Availed At A Blended Cost Of 6.5%

Regarding The YoY Dip In Margin, Have Implemented A Significant Number Of MCLR Cuts

There Is Some Shift Happening From Savings Accounts To Term Deposits

53% Of Our Book Is Linked To The Repo Rate

CD Ratio Has Gone Up From 80% To 86%

If You Exclude The Refinance Element, CD Ratio Stands At 81%

We Paid An Advance Tax Of `300 Cr, Compared To `900 Cr Last Year For Q1

Effective Rate Of Tax Is About 17%

A CRAR Of 18% Is Quite Healthy, But The Guidance Is To Maintain It At Around 17%

RoE Is At 24.65%, & If We Decide To Raise Capital, I Think The Timing Is Ideal

Agriculture Growth Reached `10,000 Cr On A YoY Basis

`9,200 Cr Increase In Agriculture Growth Coming From Gold Loans