Soma Sankara Prasad likely to be next UCO Bank MD
According to sources, since Prasad was in the reserve list when the interview for appointment for managing director of Indian Bank took place earlier this year, he has been recommended to head UCO Bank subject to various clearances including vigilance.
Indian Bank picks up 13.2% stake in NARCLThree state-owned lenders -- SBI, Union Bank of India and PNB -- had picked up over 12 per cent stake each in NARCL on Thursday.
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