Usha Ananthasubramanian

Before joining Allahabad Bank, she was the MD & CEO of Punjab National Bank, a bank release said.

PNB may sell 7% stake in PNB Housing Finance by Q2FY18: Report

"The bank is open to selling its stake in the firm. We have not decided on the amount or time of the stake sale," MD, Usha Ananthasubramanian told the newspaper.

PNB puts up for sale bad loans worth Rs 295 cr

State-owned Punjab National Bank (PNB) will put on sale four bad assets worth Rs 295 crore in a move to shed non-performing assets from its books.

PNB plans sale of Rs 1,800 crore bad loans to ARC this month

"Certain accounts are in the pipeline, may be assets around Rs 1800 crore, and these will be put on the block during the current fiscal," PNB Managing Director Usha Ananthasubramanian told PTI.

See slippages below Rs 4.8K cr in Q4; no more loan rate cut: PNB

Hinting at the fact that another lending rate cut may not come very soon, Ananthasubramanian said that all banks have brought huge cuts to the MCLR (marginal costs of funds based lending rates) after demonetisation already and these cover all the benefits the RBI passed onto the banks.

Deposits of Rs 42,000 cr have come in: PNB Chief

In conversation with CNBC-TV18, Usha Ananthasubramanian, MD & CEO of Punjab National Bank (PNB), said 200 branches of PNB have been working in double shifts.

PNB may quit IBA-wage packages, plans own salary structure

State-run bank Punjab National Bank is contemplating to move away from Indian Banks Association (IBA)-led wage settlement to retain talent under its own remuneration package.

PNB chief says housing fin co's growth momentum will continue

Speaking to CNBC-TV18, Usha Ananthasubramanian, MD & CEO, Punjab National Bank, said PNB Housing Finance's retail housing segment is getting more impetus.

Intent is to bring gross NPA below FY16 levels: PNB Chief

In an interview to CNBC-TV18 Usha Ananthasubramanian, MD & CEO, PNB said that the way forward is to reduce slippages.

Bad loan recovery, account upgrades better in Q1: PNB

In an interview to CNBC-TV18, Ananthasubramanian says the bank's savings deposits grew 14 percent year-on-year during the quarter. Also, the share of Current Account and Savings Account (CASA) funds has risen to 41.4 percent vs 38.9 percent on a YoY basis

Targeting recovery of loans worth Rs 15-20k crore in FY17: PNB

Expect the bank's loan book to grow by 10 percent going forward, says Usha Ananthasubramanian, MD & CEO, Punjab National Bank.

PNB looking at off-loading stake in subsidiaries to raise fund

PNB has subsidiaries like, PNB Housing Finance, PNB Gilts, and PNB Investment Services. Besides, it is one the sponsors of the country's oldest asset management company UTI Mutual Fund.

UB Holdings didn't honour corporate guarantee commitment: PNB

In an interview to CNBC-TV18, Usha Ananthasubramanian, Punjab National Bank (PNB) spoke about United Breweries Holdings.

Despite rising NPAs, PNB,IDBI not to sell bad loans to ARCs

Stating that selling bad loans to ARCs is not the only way to recover bad loans, newly-appointed PNB managing director and chief executive Usha Ananthasubramanian said there are more innovative ways to deal with NPAs than an outright sale to ARCs.

New PNB CEO promises 'innovative ways' to tackle NPA issue

The government's seven-step Indradhanush initiative announced last week to push through public sector bank (PSB) reform is a "comprehensive" one, says newly-appointed Punjab National Bank CMD Usha Ananthasubramanian.

CEOs in remaining PSBs from public sector talent pool: Govt

"For five large banks we had different procedure. For remaining banks we are going to hire from the pool of executive directors of the public sector banks itself," Financial Services Secretary Hasmukh Adhia told PTI.

Mahila Bank will have 80 branches pan-India by March

The bank has already opened a branch in Indore and will soon open another in Ujjain. She also informed that the bank will open its 40th branch tomorrow in Bengaluru.

Mahila Bank to open 16 more branches in 4 months

Two branches would be inauguarted as early as first week of next month. These are Delhi and Indore branches, she added.

Usha Ananthasubramanian is CMD of Bharatiya Mahila Bank

Ananthasubramanian started her career in the actuarial department with LIC and banking career in February 1982 as a specialist officer in the planning stream of Bank of Baroda. Before joining BMB, she was an executive director with Punjab National Bank (PNB).

Budget Analysis: Panel set up to prepare blueprint for all-women bank

Finance Minister P Chidambaram has set up a committee of bankers and other experts to prepare a blueprint for all-women bank that is likely to become operational by November.