Union Bank of India sets up “RACE” goal for 2022
- The Union Bank of India has set “RACE” as the goal for the year.
- RACE stands for “grow RAM (retail, agriculture and MSME) loans, improve Asset quality, increase CASA (current account, savings account deposits) and increase Earnings.”
- This goal is in line with the effort of the UBI bank to be among the top three largest PSB in the next couple of years.
- MD & CEO of UBI – A Manimekhalai ( first women chief of UBI).
Source: Hindubusiness Line
Points to Remember:
- RACE goal is launched by which bank?
- MD & CEO of UBI?