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  • Pre-sanctioned credit lines on UPI will aid in accelerating transactions,says UCO Bank's Ashwani Kumar

    Pre-sanctioned credit lines on UPI will aid in accelerating transactions,says UCO Bank's Ashwani Kumar

    "According to the recent National Payments Corporation of India (NPCI) data, UPI transactions have touched 10 billion in a month, and in 18-24 months, it is expected to touch 20 billion.

  • Govt appoints Ashwani Kumar as MD of UCO Bank

    Govt appoints Ashwani Kumar as MD of UCO Bank

    Kumar is currently an executive director of Indian Bank and prior to this, he served as Chief General Manager of Punjab National Bank.

  • FSIB recommends Ashwani Kumar as MD of UCO Bank

    FSIB recommends Ashwani Kumar as MD of UCO Bank

    "Keeping in view their performance in the interface, their overall experience and the extant parameters, the Bureau recommends Ashwani Kumar for the position of MD & CEO in UCO Bank vice Soma Sankara Prasad who is completing his tenure on May 31, 2023," the Bureau said.

  • Sonia Gandhi has last word in Congress' internal politics, likely to remain so: Ashwani Kumar

    Sonia Gandhi has last word in Congress' internal politics, likely to remain so: Ashwani Kumar

    Sonia Gandhi is likely to command such respect as long as she is active in the party in whatever capacity, Ashwani Kumar said on Wednesday while asserting that it is because party persons retain a sense of personal loyalty to her, which extends to the family.

  • Ashwani Kumar appointed as Special Officer of unified MCD, Gyanesh Bharti as Commissioner

    Ashwani Kumar appointed as Special Officer of unified MCD, Gyanesh Bharti as Commissioner

    New Delhi, May 20 The Centre on Friday appointed IAS officers Ashwani Kumar and Gyanesh Bharti as the Special Officer and Commissioner of the unifi..

  • Former Law Minister Ashwani Kumar resigns from Congress

    Former Law Minister Ashwani Kumar resigns from Congress

    Ashwani Kumar sent his resignation to Congress President Sonia Gandhi this morning, saying he can best serve national causes outside the party fold.

  • Former CBI Director Ashwani Kumar dies by suicide in Shimla residence

    Former CBI Director Ashwani Kumar dies by suicide in Shimla residence

    Kumar was found hanging at his residence in Shimla. Media reports claimed that he was suffering from depression for some time

  • Coronavirus pandemic | Rs 25 lakh compensation for Gujarat frontline staff

    Coronavirus pandemic | Rs 25 lakh compensation for Gujarat frontline staff

    The announcement was made by Ashwani Kumar, secretary to Chief Minister Vijay Rupani. Earlier, a similar compensation package was announced for police personnel.

  • Indo-Japan ties special, for global peace: Ashwani Kumar

    Indo-Japan ties special, for global peace: Ashwani Kumar

    The Malabar Exercise in the Indian Ocean was intended to secure the sea links, which were the lifeline for not only for the economy of the entire Indian Ocean region, but also a guarantee for peace, stability and security in the world, he said.

  • No merger talks with Union Bank: Dena Bank CMD

    No merger talks with Union Bank: Dena Bank CMD

    Dena Bank Chairman and Managing Director Ashwani Kumar also said he did not foresee any further rate cuts.

  • Economy's financial parameters improved in April-June: Survey

    Economy's financial parameters improved in April-June: Survey

    The CII-IBA Financial Conditions Index stood at 61.1 for April-June period compared to 47.8 in the previous quarter.

  • Rs 400-500 cr worth accounts cause for trouble in FY17:Dena Bank

    Rs 400-500 cr worth accounts cause for trouble in FY17:Dena Bank

    The bank's total restructured books currently stand at around Rs 7900 crore out of which 27 percent slipped in the last year.

  • See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk

    See capital to risk assets ratio @ 11.5% by Mar 31: Dena Bk

    Dena Bank CMD Ashwani Kumar hopes that with credit growth and uptick in the market, the bank will be able to have a CRAR of about 11.5 percent by March 31

  • Discoms loan at Rs 7k cr; Rs 3.3k cr restructured: Dena Bk

    Discoms loan at Rs 7k cr; Rs 3.3k cr restructured: Dena Bk

    Dena Bank's exposure to discoms stands at around Rs 7000 crore of which Rs 3300 crore of debt has been restructured, says chairman and managing director Ashwani Kumar.

  • Parliament won't function till ministers resigns: Congress

    Parliament won't function till ministers resigns: Congress

    Congress will not allow Parliament to function till the ministers whose names have surfaced in Lalit Modi controversy and Vyapam scam resign, party leader Ashwani Kumar said on Saturday, stressing that it was opposition's right "to oppose, expose and depose" the government.

  • Loan recovery eludes India's banks despite growth pick up

    Loan recovery eludes India's banks despite growth pick up

    A recovery in India's credit growth could elude the country's banks until early 2016, despite an economy that in the first three months of this year is expected to have outpaced China.

  • Dena Bk net plunges 70% as bad loans & wage provisions soar

    Dena Bk net plunges 70% as bad loans & wage provisions soar

    For the reporting quarter, its income grew marginally or 1.43 percent to Rs 2,908 crore from Rs 2,867 crore in the same period last year.

  • Dena Bank, LIC sign MoU to provide life cover under PMJBY

    Dena Bank, LIC sign MoU to provide life cover under PMJBY

    Under the Memorandum of Understanding, LIC will give a life cover of Rs 2 lakh in case of death of the insured person at a nominal premium of Rs 330 per annum. Account holders in the age group of 18 to 50 years can avail of the product.

  • Dena Bank, LIC sign MoU to provide life cover under PMJBY

    Dena Bank, LIC sign MoU to provide life cover under PMJBY

    Under the Memorandum of Understanding, LIC will give a life cover of Rs 2 lakh in case of death of the insured person at a nominal premium of Rs 330 per annum. Account holders in the age group of 18 to 50 years can avail of the product.

  • Jode nahin, tode: How will UPA epitaph look like?

    Jode nahin, tode: How will UPA epitaph look like?

    The chances are, even if the Telangana Bill is passed due to the BJP's pusillanimity in opposing a badly-drafted law, UPA-2 will be ushered out with a huge sense of relief by a population that‘s tired of daily displays of utter incompetence.

  • Why did 'honest' PM allow dishonest men to loot exchequer?

    Why did 'honest' PM allow dishonest men to loot exchequer?

    In 2009, Manmohan responded to the charge of being a weak PM and dynasty's doormat by giving it back to LK Advani. At Friday‘s (3 January 2014) press conference, when confronted with the public perception that his stewardship of India has been disastrous, he lashed out at Narendra Modi instead.

  • Dena Bank to raise Rs 600 crore through QIP

    Dena Bank to raise Rs 600 crore through QIP

    Financial Services Secretary Rajiv Takru had said banks would be allowed to raise capital from the markets in the proportionate amount infused by the government to maintain the government's shareholding.

  • Dena Bank seeks Rs 2,000cr capital as tier-I falls below 8%

    Dena Bank seeks Rs 2,000cr capital as tier-I falls below 8%

    Public sector lender Dena Bank today said it has sought Rs 2,000 crore capital infusion from the Central government to support its future loan growth as the tier-I capital of the Bank fell below 8 per cent by the end of June quarter, a top official said.

  • Government doesn't inspire reforms confidence: Sardesai

    Government doesn't inspire reforms confidence: Sardesai

    The government‘s track record does not inspire any confidence. There was nothing in that cabinet reshuffle yesterday, which inspired confidence that this government means business, says Rajdeep Sardesai, editor-in-chief, CNN-IBN

  • Govt mulling Special Session to pass crucial bills

    Govt mulling Special Session to pass crucial bills

    With the crucial Food Security Bill and Land Acquisition Bill still pending, sources say the government is mulling a Special Session of Parliament to get the bills passed. Reports also say the government is looking at the option of introducing an ordinance instead too.

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