In an interview with Manojit Saha and Somasroy Chakraborty, executive director Paresh Sukthankar says the bank is adequately capitalised to meet the growth targets for at least a couple of years.
Bhasker Sen, chairman and managing director of UBI, discusses the bank's plan in the areas of business growth and human resources with Parnika Sokhi and Manojit Saha.
'Spends are likely to increase from the current levels because recovery is yet to fully be over.'
Since 2014, the public sector banks' branch network in rural and semi urban has grown by a mere 4,000 while for private sector banks, it doubled from 9,673 to 18,437.
Only when we are part of the same family, which will happen down the line, then, of course, we will give them (PMC depositors) all the assurance and the comfort.'
The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!
Text messaging services of all telecom operators also remained suspended in Lucknow and some other parts of UP. In Assam, services were restored 10 days after being banned.
'People know if inflation is not within the tolerance band, then action will be taken so they do not expect inflation to rise above that.'
'Even if there is a third wave or a fourth wave, it is hard to see the economy will suffer like that (during the first wave).'
The change from wholesale to retail inflation as an anchor means that the weightage of diesel in inflation has decreased
Hyderabad-based Andhra Bank is aiming to get a significant proportion of the state government's business, to boost its share of low-cost deposits
Chasing a tough victory target of 399, Punjab were tottering at 108 for four at stumps on the third day with Test discard Yuvraj Singh unbeaten on 19 in company of Uday Kaul, who is yet to open his account.
Modi government has to come up with a robust economic agenda to impress the masses.
Deepak Parekh, chairman of Housing Development Finance Corporation (HDFC), India's largest mortgage lender, says the exuberance in industry about the new government is justified but big ideas articulated by the prime minister need speedy implementation.
