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RK TAKKAR
Leadership void at PSU banks with 10 banks headless by this month endAlong with NPAs, some ten state-run banks stare at the possibility of going headless by the end of the month.- Senior SBI executives may be made chiefs of PSU BanksAccording to officials tracking the development, one of the three managing directors of the SBI would be asked to join Bank of India.
- Top slots fall vacant in 12 state-run banksDena Bank, Andhra Bank and Punjab & Sind Bank have been without a head since the beginning of this year. Allahabad Bank also lacks leadersh...
- Currently, the tea plantation workers are facing challanges: RK Takkar, MD, UCO BankWe are trying to resolve issues by opening accounts, we are trying to keep our branches sending cash as fast as possible so this is already...
- Banks say no to long-term fundsThis also reflects a dip in demand for long-term loans for infrastructure projects like power plants or ports, which require funding for an...
- Uco Bank in red again, third time in a rowProfit before tax fell 30% at Rs 810 crore compared with Rs 1,162 crore in the year ago period. Total income fell too at Rs 4,727 crore fro...
- JP development will lead to more firms deleveraging their books: RK Thakkar, UCO Bank"S4A is a good proposition as it allows the same promoter to continue unlike SDR where promoters are displaced and they are not forthcoming...
- UCO Bank Q2 profit surges 51% to Rs 156 croreTotal income of the bank increased to Rs 5,308.08 crore during the quarter under review, from Rs 5,256.62 crore over the same period of 201...
- Asset reconstruction companies no relief for banks that look to sell bad loansLast year, banks put up over Rs 75,000 crore on the block and managed to sell Rs 20,580 crore worth of assets only, data from the industry ...
- Govt finalises 20 names for top posts in PSU BanksGovernment finalises a list of over 20 bankers for appointment to senior positions in state-run banks for the next financial year, 2013-14.
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