Suresh N Patel made and subscribed the oath of his office before President Droupadi Murmu, it said.
PSU lender Andhra Bank today announced the launch of a new initiative for cashless transactions through mobile phones for which only the Aadhar number is required.
The bank's net profit during the same quarter last fiscal was Rs 144 crore. "Bank's total income increased by Rs 7.2 percent to Rs 4,744 crore during the quarter under discussion against Rs 4,424 crore in the second quarter of financial year 2015," Andhra Bank MD and Chief Executive Suresh N Patel told reporters here.
Suresh N Patel, E-D, Oriental Bank of Commerce doesn't expect slippages to worsen from September quarter levels.
In an interview to CNBC-TV18, Suresh N Patel, ED, Oriental Bank of Commerce, discusses the bank‘s results and its plans ahead.