New Delhi : Punjab National Bank (PNB) announced their Financial Results for the Q2 and H1 FY24. Net Profit Increased to Rs 1,756 Crore during Q2 FY24, with YoY growth of 327.14%. Operating Profit was at Rs 6,216 Crore during Q2 FY24 grew by 11.67% o
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Union Bank of India reports Q3FY21 earnings
Posted On: 2021-01-29 07:21:02 (Time Zone: Arizona, USA)
The Board of Directors of Union Bank of India today approved the accounts of the Bank for the nine months and quarterended December 31, 2020.
Key Highlights in Q3FY21
Bank continues to demonstrate a strong liability franchise
The CASA deposits have increased by 11.10% YoY. We now have a total deposits base at Rs.8.82 Lakh Crores as at the end of Q3FY21. CASA ratio improved to 35.4% from 32.7% a year ago.
Credit in Retail, Agri and MSME (RAM) segments grown by 7% YoY
Bank registered 7% growth in Retail, 8% growth in Agriculture and 5% growth in MSME advances YoY.
RBL Bank Ltd reappoints Mr. Vishwavir Ahuja as MD & CEO
Posted On: 2021-01-18 05:24:44 (Time Zone: Arizona, USA)
Based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of RBL Bank Ltd has today approved the re-appointment of Mr. Vishwavir Ahuja (DIN: 00074994) as the Managing Director & Chief Executive Officer of the Bank for a period of three years, with effect from June 30, 2021 to June 29, 2024 and the same is being recommended to the Reserve Bank of India and shall be subject to their approval.
Mr. Vishwavir Ahuja has been the Managing Director & CEO of RBL Bank since June 30, 2010. He is a seasoned banker with over 38 years of experience and expertise in Banking, Economics, Finance, Risk Management, HR and Business Management.