financetom
Business
financetom
/
Business
/
Situation improving on credit front: City Union Bank
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Situation improving on credit front: City Union Bank
Mar 24, 2022 8:32 AM

N Kamakodi, MD and CEO of City Union Bank believes next year the recoveries will be more than the slippages and moving forward, the asset quality has to significantly improve. “Things are improving post-COVID-19,” he said.

Also Read:

US in the jaws of severe price inflation shock; Fed may accept recession to tame inflation: Citi

Things are clean and the bank is looking for the next level of growth, he added.

For the full interview, watch the accompanying video

Catch all stock market updates here

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FedEx finalizes leadership team of upcoming freight division spin-off with CFO appointment
FedEx finalizes leadership team of upcoming freight division spin-off with CFO appointment
Oct 6, 2025
Oct 6 (Reuters) - FedEx ( FDX ) said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the division that is set to spin off in June 2026. The parcel carrier had announced the appointment of veteran executive John Smith as...
W&T Offshore Shares Rise After CEO Boosts Holding
W&T Offshore Shares Rise After CEO Boosts Holding
Oct 6, 2025
11:26 AM EDT, 10/06/2025 (MT Newswires) -- W&T Offshore ( WTI )'(WTI) stock rose 15% in recent Monday trading after Chief Executive Officer Tracy Krohn purchased about 286,800 shares, adding to holdings. Kroh acquired 36,842 shares at a weighted average price of about $1.85 apiece on Wednesday, followed by 250,000 shares at about $1.84 each on Thursday, a regulatory filing...
FedEx finalizes leadership team of upcoming freight division spin-off with CFO appointment
FedEx finalizes leadership team of upcoming freight division spin-off with CFO appointment
Oct 6, 2025
(Reuters) -FedEx ( FDX ) said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the division that is set to spin off in June 2026. The parcel carrier had announced the appointment of veteran executive John Smith as CEO and insider...
Zillow Investors 'Overly Bullish' on 2026 Housing Recovery, Oppenheimer Says
Zillow Investors 'Overly Bullish' on 2026 Housing Recovery, Oppenheimer Says
Oct 6, 2025
11:25 AM EDT, 10/06/2025 (MT Newswires) -- Zillow Group ( ZG ) (ZG, Z) is making the correct strategic decisions, but investors seem to be overly bullish on a 2026 housing recovery and growth for long-term rentals, Oppenheimer said in a Monday note. The real estate marketplace has found it difficult to gain share of agent commissions even during the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved