D Sarkar

The bank will hold its base rate as of now, on the back of liquidity tightening measures from the Reserve Bank and wait for the next policy review for its future decision. Last week, the bank rolled back its earlier reduction in base rate by revising it by 25 basis points to 10.25 percent.

NPLs to rise on weak growth; CDR queue to stretch: Experts

In an interview to CNBC-TV18, D Sarkar, CMD of Union Bank of India and Ananda Bhoumik of India Ratings & Research spoke about the asset quality concerns that India is facing

Restructuring pipeline to be Rs 2,200cr by June: Union Bank

Union Bank today announced its fourth quarter earnings. It posted a 40 percent growth in net profit at Rs 71.98 crore against Rs 51.40 crore in the corresponding previous period.

Identifying, acting on NPAs aided recovery: Union Bank

Union Bank of India CMD D Sarkar explained to CNBC-TV18 that identifying and acting on NPAs aided Union Bank's recovery.

Bankers expect CRR cut in April policy meet

The Reserve Bank of India (RBI) is scheduled to announce annual monetary policy for 2012-13 on April 17, 2012. Bankers expect the central bank to cut cash reserve ratio (CRR).