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UCO Bank net profit up 145% at Rs 504 cr in July-September quarter

Net NPA reduced to Rs 2,700.29 crore in Q2FY23 from Rs 3,854.33 crore as on Q2FY22 and from Rs 3,103.82 crore as on Q1FY23

UCO Bank net profit up 145% at Rs 504 cr in July-September quarter
Updated On : 03 Nov 2022 | 10:31 PM IST

We are on the path of recovery, says Bank of Baroda CEO Sanjiv Chadha

Broadly the trend we have seen is that retail is growing faster than corporate loans, said Chadha

We are on the path of recovery, says Bank of Baroda CEO Sanjiv Chadha
Updated On : 26 Aug 2022 | 6:08 AM IST

Unity Small Finance Bank appoints Inderjit Camotra as MD and CEO

Unity Small Finance Bank is a new age, digital first bank which was recently elevated to a 'Scheduled Bank' and was included in the Second Schedule of the RBI Act.

Unity Small Finance Bank appoints Inderjit Camotra as MD and CEO
Updated On : 05 Aug 2022 | 8:15 PM IST

Veteran banker Subramaniakumar to join as MD & CEO of RBL Bank from Jun 24

Banking sector veteran R Subramaniakumar, with over 40 years of experience, will take charge of private sector RBL Bank from June 24, replacing the interim MD & CEO Rajeev Ahuja. Ahuja took charge as the interim MD & CEO of the bank after the sudden ouster of the then chief Vishwavir Ahuja in late December 2021, who was sent on leave with immediate effect. Subramaniakumar had in past served as the Managing Director & Chief Executive Officer (MD & CEO) of Chennai-based public sector lender Indian Overseas Bank (IOB) and also as the Executive Director (ED) of the bank. Besides, he was also the ED at Indian Bank and held various positions in the banking industry. He was instrumental in the transformation at Delhi-based Punjab National Bank (PNB). Also, he served as a board of director of PNB's Bhutan joint venture Druk PNB. The search committee constituted to identify the MD & CEO for the bank ran an exhaustive process along with Egon Zehnder and recommended the name .

Veteran banker Subramaniakumar to join as MD & CEO of RBL Bank from Jun 24
Updated On : 13 Jun 2022 | 4:27 PM IST

Amid rise in Mudra loan NPAs, finmin to meet PSB CEOs to take stock

Minister of State for Finance, Bhagwat Karad will meet the PSB CEOs on September 16 in Aurangabad

Amid rise in Mudra loan NPAs, finmin to meet PSB CEOs to take stock
Updated On : 15 Sep 2021 | 1:24 PM IST

Meet HDFC Bank's Sashidhar Jagdishan, a CEO courageous enough to be upfront

Jagdishan took over from his larger-than-life mentor Aditya Puri

Meet HDFC Bank's Sashidhar Jagdishan, a CEO courageous enough to be upfront
Updated On : 26 Jun 2021 | 6:10 AM IST

HSBC names company veteran Hitendra Dave as CEO of India business

Hitendra Dave is a member of Reserve Bank of India advisory committees.

HSBC names company veteran Hitendra Dave as CEO of India business
Updated On : 07 Jun 2021 | 11:43 PM IST

RBI fixes private bank MD, CEO tenures at 15 years; compliance by Oct 1

The rules apply to private banks, small finance banks, and wholly owned subsidiaries of foreign banks.

RBI fixes private bank MD, CEO tenures at 15 years; compliance by Oct 1
Updated On : 27 Apr 2021 | 1:00 AM IST

RBI caps bank CEO tenure at 15 years, policy to be effective Oct 1

For promoter CEO the limit is 12 years, says RBI as part of its latest guidelines

RBI caps bank CEO tenure at 15 years, policy to be effective Oct 1
Updated On : 26 Apr 2021 | 10:30 PM IST

'Not more than 15 years': RBI's new guidelines for tenure of bank MDs, CEOs

The circular will not be applicable to foreign banks operating as branches in India

'Not more than 15 years': RBI's new guidelines for tenure of bank MDs, CEOs
Updated On : 26 Apr 2021 | 5:06 PM IST

DCB Bank, RBL, Federal Bank bosses' terms to come up for renewal

RBI decision will clarify its stand on 15-year cap mentioned in discussion paper

DCB Bank, RBL, Federal Bank bosses' terms to come up for renewal
Updated On : 17 Dec 2020 | 6:10 AM IST

FM to meet heads of banks, NBFCs to review loan recast scheme on Thursday

The Reserve Bank of India (RBI) last month permitted one-time restructuring of both corporate and retail loans without getting classified as a non-performing asset (NPA)

FM to meet heads of banks, NBFCs to review loan recast scheme on Thursday
Updated On : 02 Sep 2020 | 9:53 PM IST

Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank

His appointment will be up to date of attaining the age of superannuation, December 31, 2022, or until further orders, whichever is earlier, it added

Partha Pratim Sengupta appointed new MD, CEO of Indian Overseas Bank
Updated On : 23 Jul 2020 | 11:04 PM IST

RBI proposes 10-yr term for bank promoter-CEOs, 15 yrs for non-promoters

If the CEO or WTD is not a promoter or major shareholder of the bank, that person can continue for 15 years at the bank, after which he or she must step down.

RBI proposes 10-yr term for bank promoter-CEOs, 15 yrs for non-promoters
Updated On : 12 Jun 2020 | 3:31 AM IST

How much is a pvt bank CEO worth?

To protect the existing CEO salary, banks have to raise the fixed part of remuneration, which negates the very purpose of the regulator

How much is a pvt bank CEO worth?
Updated On : 10 Mar 2019 | 11:39 PM IST