Deepak Narang

In an interview to CNBC-TV18, Deepak Narang, executive director, United Bank of India expects the airline to be declared a wilful defaulter in 15-20.

Examining legal implications involved in Airbus issue: UBI

Discussing the latest developments, Deepak Narang, ED, United Bank of India, said the bank had given money to Airbus on behalf of Kingfisher and its unethical of them (Airbus) not to deliver post taking money.

Bhushan Steel remains a 'standard asset': United Bank

United Bank is part of the consortium of lenders to Bhushan Steel but is not a part of any additional lending to the company, said Deepak Narang, ED, United Bank of India.

Reduced CDR aid; well-provisioned against KFA: United Bank

Deepak Narang, ED, United Bank of India says that the bank has reduced corporate debt restructuring support to companies with low profitability to curtail the rise of NPLs. The bank is fully provisioned against its exposure to Kingfisher thanks to the RBI‘s permission which allowed the bank to make provisions over two quarters, he told CNBC-TV18.

Provisioning, low rate growth hits net; NIM up at 2.7%: UBI

Deepak Narang, ED, United Bank of India explains on CNBC-TV18, after the announcement of results, that the bank's net profit was affected by increased provisioning for Kingfisher Airlines this quarter followed by provisions for transport, IT, iron and steel. He expects a pick-up in recoveries going forward.