Union Bank sets ‘RACE’ goal as its strategy of getting among top 3 PSBs

A. Manimekhalai, MD & CEO of Union Bank of India (UBI), wants Union Bank of India to surpass other Public Sector Banks and take the third-largest Public Sector Bank position in a time of few years. Union Bank of India may even take into consideration buying a bank along the route. Manimekhalai, who became UBI’s first female leader on June 7th, emphasised that the bank has set “RACE” as its aim for the year. Buy Prime Test Series for all Banking, SSC, Insurance & other exams KEY POINTS: Grow RAM (retail, agriculture, and MSME) loans, Improve Asset quality, Boost CASA (current account, savings account deposits), and Increase Earnings. The MD of Union Bank of India wants the bank…
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Source: https://currentaffairs.adda247.com/union-bank-sets-race-goal/amp/