UWB, which is a Maharashtra- based bank, is currently in the grips of a financial 
turmoil: a negative capital to risk weighted assets ratio and Non- Performing Assets ( N P A s ) higher than its net worth. But then, when we consider UWB’s presence in nine states with a network of 230 branches, it becomes a very attractive target for other banks who want to increase their presence and reach in the Indian market.
The bank also has a deposit base and outstanding loans worth Rs 64.8 billion and Rs 40.06 billion respectively. The bank that wins UWB will not only increase its reach in the western parts of India, but also will get access to low cost funds from smaller towns.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
turmoil: a negative capital to risk weighted assets ratio and Non- Performing Assets ( N P A s ) higher than its net worth. But then, when we consider UWB’s presence in nine states with a network of 230 branches, it becomes a very attractive target for other banks who want to increase their presence and reach in the Indian market.The bank also has a deposit base and outstanding loans worth Rs 64.8 billion and Rs 40.06 billion respectively. The bank that wins UWB will not only increase its reach in the western parts of India, but also will get access to low cost funds from smaller towns.
For complete IIPM article click here
Source:- IIPM Editorial
Visit also:- IIPM Publication, Business & Economy & Arindam Chaudhuri Initiative
No comments:
Post a Comment