Page 7 - BANKING FINANCE November 2018

BAN U A

BANKING

C SS Mallikarjuna Rao a il a u Mer an ile ank ona e R rore o

new MD & C o erala
M has donated Rs crore to the erala Chie Minister s Relie und to hel
lla a a ank
the state reco er ro the disaster le t ehind
C SS Mallikarjuna Rao has taken
nature s ur in the or o se ere looding and land
charge as the
slides icials said the donation included contri u
MD and C o
tion ro the ear old ank and a da s salar o
llaha ad ank
all the e lo ees orking in the ranches across
e ecti e Se te
the countr
er e as
he ank ha ing its resence in the erala ro has ranches said the
earlier ecuti e
are co itted to la a s all role in hel ing the disaster hit State to li ack
Director o S ndi
to nor alc
cate ank
Managing director and C o the ank Ra a Moorth and the ank s re
Rao has een a ro essional anker
gional anager o hiru anantha ura region handed o er the dra t or the
or o er ears ha ing held se eral
said a ount to the inister o industries s orts and outh a airs o erala
ke ositions such as eneral Man
a arajan said
ager and C in riental ank o
Co erce and ssistant ice resi
o o on i er u li e or ank e an or C
dent in erst hile lo al rust ank
said a ress state ent issued rela a ion
llaha ad ank
he C ntral go ern ent said it ill consider de ands ro S to a roach
Rao started his career in as a R on rela ing the ro t Correcti e ction ra e ork
ro ationar o icer in ank o or the anking s ste in the countr inance Minister
Maharashtra ter joining riental run aitle held the annual er or ance re ie eet
ank o Co erce he ser ed as re ing o S s and discussed ide ranging issues including
gional head and also as general the need or earl ca italisation o anks this iscal ear
anager in charge o arious de art
ankers ha e certain e ectations hich ha e told
ents e has e osure in credit
the e ill consider So e o the anks entioned
reco er treasur risk anage
that the C guidelines should e re isited as the are
ent retail anking arketing
indirectl a ecting their lending a ilit he go ern ent
and alternati e deli er channels
e ore u ront in ca ital re uire ent o so e o these anks aitle said
the release said
a ter a da long re ie eeting
B N N N N E | NOVEMBER | 2018 |