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RAJKIRAN RAI G
NaBFID plans debut overseas fund raise of up to $1 billion, official saysNational Bank for Financing Infrastructure and Development may raise funds overseas. The state-run lender considers borrowing up to $1 bill...- BluPine Energy secures Rs 1,787 crore from NaBFID, aims to repower existing solar assetsBluPine Energy has secured a Rs 1,787 crore financing deal with NaBFID to enhance its renewable energy services. The funds will be used to ...
- FSIB recommends Rajkiran Rai G as NaBFID managing directorRai completed his extended term as managing director of state-owned Union Bank of India in May this year. This is the first selection made ...
- BBB invites applications for position of Union Bank of India MDThe Banks Board Bureau (BBB), the headhunter for state-owned banks and financial institutions, has invited applications for the post of man...
- Close to half of retail, MSME loans to move to digital lending in 2-3 yrs: Union Bank MDHe said the digital lending space is gaining traction and banks need to develop products that can deliver services online to customers.
- Union Bank MD Rajkiran Rai G shares his business outlook for FY22"Collection efficiency definitely went down by 3-4% in the month of May as compared to March. But we hope that most of that will be covered...
- Banks identify Rs 89,000 cr NPAs to be transferred to NARCLSetting up of NARCL was announced in the Budget for 2021-22.
- Banks identify NPAs worth Rs 89,000 cr to be transferred to NARCL in initial phase"The Indian Banks' Association (IBA) has asked lead banks to call for meetings and keep an approval ready so that as soon as the ARC is for...
- Steel, cement doing very well from banking perspective: Rajkiran Rai G, Union Bank of India"There are certain sectors which you always talk about. From the banking perspective, when you look at IT, pharma, which are doing very wel...
- COVID-19 disruption an opportunity for firms to re-strategise: UBI chiefThe Union Bank chief also said small and medium enterprises (SMEs) have real opportunities to plug into the global supply chain as more com...
- Economy needs support from PSBs: Union Bank chiefThe number of PSBs has come down after amalgamation of several lenders, and their ability to lend has increased manifold, Union Bank of Ind...
- We will come out with policies to support viable MSME units: Rajkiran Rai GThe MD & CEO, Union Bank of India, says the merger is not going to disturb any of the customers.
- Union Bank expects Rs 2,500 cr benefits due to amalgamation: CEO Rajkiran Rai GUnion Bank said implementation of all the processes under amalgamation will happen without much disruption to customers and employees of An...
- Indian Banks Association elects Rajnish Kumar as chairmanSBI's head Rajnish Kumar has been elected as the chairman of Indian Banks Association for fiscal 2019-20. UBI's G Rajkiran Rai, S S Mallika...
- Union Bank withdraws notices served to Gardenia homebuyers in NoidaSince the builder failed to repay the loan, the bank's branch in Delhi from where loan was given, had put the property on auction as per th...
- There is a 40% drop in slippages quarter-on-quarter: Rajkiran Rai G, Union Bank of IndiaNot assuming any large resolution, we should be hitting Rs 2000 crore of recovery, upgradation in next 2 qtrs.
- Union Bank to raise capital via QIP to meet growth and provision requirements: Rajkiran Rai GIn a chat with ET Now, Rajkiran Rai G, MD & CEO, Union Bank of India says that the bank is in the process to raise Rs 2000 crore via QIP an...
- We are not saying that NPA is under control: Rajkiran Rai G, Union Bank of India"Rs 7,400 crore is our exposure in 11 accounts out of 12. We had a 30% provision in these accounts," Rai said.
- Government demotes two top chief executives of Punjab National Bank and Bank of IndiaWhile PNB's Usha Ananthasubramaniam has been transferred to a small lender Allahabad Bank, BoI's Melwyn Rego has been shunted to Syndicate ...
- 10 new EDs appointed in public sector banksThe Appointments Committee of the Cabinet has approved the proposal of the Department of Financial Services for appointment of 10 General M...
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