Melwyn Rego

Melwyn Rego, former chairman of the Bank of India, has been appointed as Managing Director and Chief Executive Officer of the Manipal-based Syndicate Bank.

Bank of India expects Q4 bad loan addition at Rs 3,500 cr: CEO

In a interview to CNBC-TV18 Bank of India chief Melwyn Rego decoded the bank's third quarter performance and the road ahead.

Bank of India plans to raise about Rs 3,700 crore by March-end

During the next two months, Bank of India plans to raise about Rs 1,000-1,500 crore by issuing Additional Tier-1 (AT-1) bonds and an equal amount by issuing Tier-2 bonds," CEO and MD Melwyn Rego has said.

BoI branch network crosses 5,100 mark

State-run Bank of India today said its branch network has crossed 5,100 mark, of which 2,000 are opened in rural areas.

Expect FY17 deposit growth to be around 5%: BOI

In an interview with CNBC-TV18, Melwyn Rego, MD and CEO of BOI said that net addition to gross non-performing assets (GNPAs) is around Rs 388 crore and sees FY17 slippages to be at Rs 17,500 crore.

Bankers say cheaper money still some time away

Ruling out any immediate transmission of rates despite RBI chief Raghuram Rajan blaming them of passing benefits "only modestly", bankers on Tuesday said interest rates will fall once credit growth picks up.

RBI may cut rate by 25 bps; lower inflation target: Pros

Economists say the key takeaway from the RBI monetary policy would be the inflation target by Governor Rajan.