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BA PRABHAKAR
Sanjeev Nautiyal to be Ujjivan Small Finance Bank's new MD & CEOSanjeev Nautiyal, former deputy managing director of State Bank of India, is set to become the managing director and CEO of Ujjivan Small F...- RBI approves appointment of Ittira Davis as MD & CEO of Ujjivan SFBPrior to Ujjivan, Davis was the Managing Director with the Europe Arab Bank, London. He has also held leadership positions with Arab Bank p...
- RBI approves Ujjivan's committee of directors for smooth functioning of the bankChairman of the bank's board BA Prabhakar, Ravichandran Venkataraman and Rajni Mishra are members of the committee, a person familiar with ...
- Ujjivan Small Finance bank to do portfolio quality & process auditThe holding company of the bank, Ujjivan Financial Services, had earlier expressed concerns over asset classification, bad loan recognition...
- High attrition at senior level, asset quality are concerns for the bank: Samit Ghosh, founder of Ujjivan Financial Services"Nitin Chugh's resignation has come as a surprise," Ujjivan's founder and non-executive chairman of the holding company Samit Ghosh told ET...
- Restaurants and fast-food joints could make you pay for 12% GST burdenA large number of fast-food joints, which are unclear which way their annual turnover will swing, may choose to collect 12%.
- PSU bank chiefs defy Finance Minister diktat, hike ratesAt least two bankers have, in recent months, raised interest rates despite veiled — and at times, explicit instructions — from New Delhi to...
- Non-performing assets force banks to woo small cosWhile loans to micro and small enterprises, with a total portfolio of Rs 2.92 lakh crore as of end June, grew 21.2% year-on-year, lending t...
- Andhra Bank sees another year of stress, shifts credit focusThe proportion of loan book to corporate sector was brought down to 53% from 57% a year ago and efforts were on to bring it down further.
- 30 banks to switch to risk-based supervision from April 1Thirty large banks have informed the Reserve Bank that they are ready to switch to the new uniform risk-based supervision system from April...
- Banks to auction Rs 9k-crore bad loans to boost profits; IDBI Bank tops listAt least 15 banks are auctioning distressed assets of Rs 9,000 crore, a move aimed at cleaning up their books and shoring up profits before...
- Have reasonable exposure to Deccan Chronicle: BA Prabhakar, Andhra BankIn an interview with ET Now, BA Prabhakar, CMD, Andhra Bank, talks about their as well as the banking sector’s exposure to Deccan Chronicle...
- See a 25-bps cut in RBI policy rate in April: BA Prabhakar, Andhra BankBA Prabhakar, CMD, Andhra Bank says the RBI may cut policy rates in April, but lending rates will decline after six months as liquidity is ...
- RBI monetary policy: Lenders not ready to cut you slack yetIndian lenders have signalled that borrowers may have to wait for a while before they cut interest rates as deposit rates are still high.
- Government moves to fill up MD's position at Life Insurance CorporationSenior executives such as Sushobhan Sarkar, AK Sahoo, DD Singh, RR Dash and SK Roy have been interviewed for the position.
- Allahabad Bank freezes lending loans to power sector on increasing financial stressFinancial stress to banks caused by the power industry increased with Bank of India set to restructure a quarter of its power loans
- Amendments to SARFAESI Act to clear recovery processes: BA Prabhakar, Bank of IndiaIn an interview with ET Now, BA Prabhakar, ED, Bank of India, gives his views on the amendments made in the SARFAESI Act.
- Markets recover, crisis heads to forex as ING Bank, Bank of Baroda, Bank of India and others report dollar crunchDespite the gloom over the US, lenders in Europe and Asia refused to part with dollars, creating what a cash dollar shortage in the money m...
- Expect no special treatment for infrastructureThe central bank has chosen to tread cautiously on this front and has avoided special dispensations for financing this sector.
- World Bank job up for grabsOne job which many bureaucrats have their eyes set on is that of India’s nominee to the board of the World Bank.
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