Arun Kaul

In an interview to CNBC-TV18, Arun Kaul of UCO Bank, shares his views on the RBI's latest monetary policy.

Apr CPI cools off further to 4.87%; Mar IIP lowers to 2.1%

Retail inflation as measured by Consumer price Index (CPI) for the month of April came in at 4.87 percent as against 5.25 percent in the previous month. A CNBC-TV18 poll expected the data to soften to 5.04 percent.

UCO Bank chief for data mining to manage NPAs

The plausible reasons for rising NPA levels could be attributed to slowdown in the economy or deficiency in due diligence, he said. "There is a need for research on why the NPAs in the banking system are rising, in addition to a segmented and focused study", Kaul said.

No plans to write off REI Agro loans currently: UCO Bank

According to Arun Kaul, Chairman at UCO Bank, their current exposure to REI Agro stands at Rs 800 crore

See NIMs improving by 10-20 bps in Q4: UCO Bank

With the cost of fund coming down, Arun Kaul, CMD, UCO Bank is hopeful of seeing net interest margin (NIM) improvement by 10-20 basis points in the fourth quarter from the current 2.58 percent.

UCO Bank down 8% on order of NPAs' forensic audit by FinMin

The finance ministry ordered forensic audit in case of non-performing assets (NPA) of the bank and that forensic audit will find out irregularities in loan sanction, reports CNBC Awaaz quoting unnamed sources.

Loans to power distribution cos at Rs 10,000 cr: UCO Bank

UCO Bank is planning to sell bad loans worth Rs 1,900 crore from 100 more accounts to clean its balance sheet. The bank has already sold NPAs worth Rs 300 crore in the last quarter.

UCO Bank sees treasury gains, hopes to maintain NPL levels

Third-quarter earnings for UCO Bank from treasury gains as the banking system witnessed large FCNR deposits and as bond yields came down thanks to the Reserve Bank of India‘s recent liquidity-boosting measures, Arun Kaul, Chairman, UCO Bank, told CNBC-TV18.

RBI likely to hike repo by 25bps; cost of funds key: UCO Bk

Speaking to CNBC-TV18, Arun Kaul, chairman, UCO Bank, says the decision on increasing base rates will depend on the cost of funds. While banks have reduced rates, if the cost of funds go up, then banks will be forced to pass on the burden to customers, he adds.

Have seen up to USD 3bn business in past one year: UCO Bank

Cost of the fund for the UCO Bank had gone down to as low as 6.10 percent in previous quarter which has been lowest in banking industry, says CMD Arun Kaul.

UCO Bank looks to life after Iran sanctions windfall

UCO Bank , a Kolkata-based state lender that had been among India's poorer performers, saw revenue and profits surge after it was picked in 2012 to hold rupees for oil payments to Iran, a pile that has grown to more than USD 3 billion.

Adequate capital for FY14; no rate cuts in near-term: PSBs

Bank of India and UCO Bank feel that the current infusion of capital by the government, they may not need additional capital till the end of the fiscal year.

High inflation to persist till Dec; repo hike likely: Pros

Experts feel that inflation will continue to be higher till December, but may pare down after that. However, a repo rate hike of around 25 basis points is very likely.

AFS portfolio comfortable; won't up base rate now: UCO Bank

In an interview to CNBC-TV18, SS Mundra, Chairman, Bank of Baroda and Arun Kaul, Chairman, UCO Bank spoke about impact of RBI relief on MTM losses.

Rupee won‘t breach 60/$ for now; CAD still a worry: Experts

The slew of measures recently announced by the Reserve Bank of India (RBI) to curb rupee volatility have aided the Indian currency and it is unlikely to fall beyond 60/USD now, says Ananth Narayan of Standard Chartered Bank.

RBI measures to curb rupee volatility are short-term: UCO

In an interview to CNBC-TV18, Arun Kaul says past experience indicates that measures taken by the RBI to control currency volatility continue for a couple of weeks and do not prolong for very long-term.

Deposit rates still high, June 17 to be non-event: UCO Bk

Arun Kaul of UCO Bank said that he did not expect a rate cut by the RBI in its next policy meet. He added that liquidity infusion in the economy after the inflation data was not on RBI's agenda.

Uco Bank set to get Rs 681 cr capital from government

State owned UCO Bank is set to receive a capital support of Rs 681 crore from the government, through allotment of preferential shares of 8.80 crore at a market price of Rs 77.46 per share. In its extraordinary general meeting held in Kolkata bank shareholders on Wednesday approved the decision.

UCO Bank sees fall in slippages, growth in CASA

UCO Bank's operating profits went up, but the net profit came down in Q3. Arun Kaul, Chairman, UCO Bank in an interview to CNBC-TV18 said that it was because they made fairly large provisions due to large slippages.

Awaiting details of bond issuances on SEB recast: UCO Bank

UCO Bank has a total exposure of Rs 8,000 crore to state distribution companies (Discoms). Chairman Arun Kaul said the bank has restructured discoms of Rajasthan, Haryana and Uttar Pradesh.

Banks may start cutting base rates post CRR cut

In an interview to CNBC-TV18, SL Bansal, chairman and managing director, Oriental Bank of Commerce and Arun Kaul, chairman, UCO Bank speak about the RBI policy and give their outlook going forward.

'Short-term rate necessitating realignment of deposit rate'

Arun Kaul, chairman, UCO Bank says that the bank is examining both the sides of deposits and lending rates. He further says depending on the lending portfolio some realignment would take place in lending rates.

Have declared Kingfisher Airlines account as NPA: UCO Bank

UCO Bank is part of the consortium of lenders to Kingfisher Airlines (KFA). In an interview to CNBC-TV18, Arun Kaul, chairman says, the bank has declared KFA account as a non-performing asset (NPA).

See global NIMs at 3% by March: UCO Bank

Public sector lender UCO Bank delivered mixed third quarter numbers. Its profits rose 10% while net interest income (NII) declined 3% year-on-year (Y-o-Y) on an quarter on quarter basis (Q-o-Q) it was flat.

Inflation may slip below 8% by Dec-end: UCO Bank

November inflation eased to 9.11% (MoM) versus 9.73 % in October. Arun Kaul, chairman of UCO Bank says, if the wholesale price index remains 156.90, inflation is likely to come down below 8% by December-end and below 6% by March.