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whispersinthecorridors Online Print from origin : whispersinthecorridors.com > Archive > 7th September 2007 Friday |
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This is a good source of information. P N Singh ONLY SOURCE TO REACH THE DECISION MAKERS ADVERTISE ON-WHISPERSINTHECORRIDORS.COM Six areas have been identified by Subodh Kumar Goel, Chairman cum Managing Director (CMD) of the UCO Bank, for improving efficiency of the staff & enhance reputation of the bank further. For Goyal motivating the workforce comes first then other things follow. In an interview to <whispersinthecorridors.com>UCO bank's CMD Goel said "I am fully committed to my assignment always. I carry my team along with motivation for their high level of contribution which will lead to better performance and success. This is the secret of my success." Replying to a question Goel said "we have initiated steps where we are State level Bankers committee (SLBC) conveners to achieve 100% financial inclusion. I am confident that we will achieve the same and it will be beneficial to the customers and for us too as it will increase our business and profits too." Here goes his interview: 1/What is going to be your priority area as CMD of UCO Bank? Please list two such areas. A- Banking is a service industry. For an institution functioning in the service sector human resources are highly critical. Further more, for banks deposits are the lifeline. Even in deposits the low cost deposits are more important for bringing down the cost of deposits. In view of the above, the areas on which I will be according top priority are (1) To build up a team to work for a common goal and to explore the potential to take the bank to a higher position than it had occupied at the time of nationalization and till 1980's (2) Maximize CASA. Presently CASA is too low @ 28% of total deposits. I would like it to be at least 35%in a year's time and to minimize Non performing assets (Non performing assets (Non performing assets (NPAs) to 2% of gross advances and 1% of net advances. 2/What is the secret of your success? A- "The only place where success comes before work is in the dictionary". There is no short cut to success, Success follows who are tenacious and who works hard and smart and utilize the opportunities and exploit the available potential. I believe in hard work. I am fully committed to my assignment always. I carry my team along with motivation for their high level of contribution which will lead to better performance and success. This is the secret of my success. 3/What new initiatives you intend to take in the UCO Bank? A-I plan to introduce new initiatives in the areas of (i) personnel and industrial relations; (ii) strengthening of our Regional Offices specially where we are having the SLBC responsibilities; (iii) treasury operations; (iv) NPA control and recovery measures (iv) improving the standard of customer service (v)quickening the process of CBS rollout. 4/In what way inclusive banking & profitability be synergized? A-It is estimated that a large number of common people at the bottom of the pyramid have not been brought under the purview of organized banking sector. There is vast scope of business opportunities. This system of banking has proved successful as well as beneficial to all concerned where it was actively followed. In view of the above and also the fact that there is need to bring all the people into the orbit of the banking sector. We have initiated steps where we are SLBC conveners to achieve 100% financial inclusion. I am confident that we will achieve the same and it will be beneficial to the customers and for us too as it will increase our business and profits too. 5/Can you tell us at least one way of fighting unemployment at grassroots both in urban and rural pockets? A-Unemployment is a serious problem the country has been facing. There is large scale unemployment in rural and urban areas. Banks play a vital role in addressing this problem by providing credit for productive sectors. The credit provided by banks to industries, either. Big, small and medium enterprises provide large scale employment opportunities. In addition, banks also provide direct financing to agriculturists, self-employed people, professionals and self help groups which offer them self employment opportunities. 6/How do you like to chill out & what is your hobby? A-I enjoy listening music and reading books. I also spend my time with my family and occasionally go out for relaxation. I visit temples quite often and derive moral strength to perform my duties in an efficient manner. Empanelment of 1974 batch IPS this year Gopal Sharma is new DG of SSB Gopal Sharma has been appointed DG of the Seema Shashtra Bal (SSB).He
is 1972 batch IPS officer of J & K cadre. O P Agrawal joins IDFC Sangwan is new Director SAARC Ajay Kumar to join Aajtak Showdown in Rajasthan imminent It is widely believed that a showdown between Ms. Vasundhara Raje and her detractors in Rajasthan is imminent. It's a matter of time only. Nar Singh Dev is Deputy Secretary Rawat is Director Defence Vijay Sharma is Director I & B Anil Baijal joins IDFC IFS officer takes private assignment 1983 batch IAS to be PS in Chhattisgarh Three IAS officers of 1983 batch quit in MP Mayawati's dissenter in touch with Mukesh Ambani ? Only a couple of months have passed since Mayawati assumed power in Uttar Pradesh and her dissenter too is ready in such a short period. Is he in touch with Mukesh Ambani?. 66 posts of Commissioner in Customs vacant Mankad is GIFT Chairman K.C. Jena assumes charge of Chairman UIC K.C.Jena Chairman Railway Board(CRB) has also taken over as Chairman, International Union of Railways (UIC).Jena will be Chairman of UIC till December 2008. The Chairman Railway Board of Indian Railways had taken over as the first non-European Chairman of UIC for two-Year term in January 2007.Indian Railways have been actively associated with the organization since 1998 and has played an important role in its restructuring to transform it to a truly global institution. As part of the restructuring, six regional units of UIC have been formed and UIC-Asia will be headquartered at New Delhi. Indian Railways will facilitate the setting up of UIC-Asia regional Units. Indian Railways will also provide all assistance for the International Railway Strategic Management Institute (IRSMI) that would come up at Chanakyapuri, New Delhi.International Union of Railways (UIC) is an international association of rail operators and organizations established in 1922 with headquarters in Paris having 224 members worldwide. The priority areas for UIC would be to have increased worldwide investments in rail transport. UIC's focus is to establish rail transport as the key link in the global logistics chain. Deependra Pathak joins as Director Petroleum Deependra Pathak joined as a Director in the Petroleum Ministry.Pathak who belongs to the UT cadre is an IPS officer of the 1990 batch. So far he was posted as Additional Commissioner of Police (CP) in Delhi & held the charge of Administration besides working as Chief Spokesperson of Delhi police.Deependra Pathak is the maiden IPS officer to have been appointed as a Director in the Petroleum Ministry. Bihar Tourism welcomes 120 foreigners As part of the "Mekong-Ganga Cooperation"(MGC)programme of the Indian Government, 120 foreign tourists drawn from five budhist nations have reached Bihar.The contigent comprises top shots from nations of Cambodia,Myanmar,Vietnam,Lao People's Democratic Republic(PDR) & Thailand. They reached Patna by a chartered flight of Air India from Bangkok,informed Rajesh Bhushan Managing Director of the Bihar State Tourism Development Corporation(BSTDC).These tourists among other oplaces will visits sports of Budhist circuit in Bihar,said Rajesh Bhushan.They will fly to Varanasi on September 8,2007 to cover rest of destinations falling under the Budhist circuit. IPS changes in Uttar Pradesh Amitabh Thakur and L V Dev Kumar will be SPs of Balia and Gazipur respectively.Laxmi Singh has been appointed ASP Faruqabad.S N Upadhyay has been moved to Vigilance Bureau Lucknow.Tarun Kumar has been shifted to PAC. IAS officer dies in Bihar Principal Secretary Education M M Jha has passed away this morning
in Patna.He was 1977 batch IAS officer of Bihar cadre.He had recently
been empanelled to the rank of Additional Secretary in the Government
of India.Jha had earlier served the Government of India. Bijay Kumar to join GoI Bijay Kumar is going on Central Deputation as Managing Director, National Horticulture Board, (Joint Secretary Rank).He is 1986 batch IAS officer of Maharashtra cadre. Deep Chand is Jt CP,PM's Security Deep Chand is Joint Commissioner of Police(CP)Delhi with the charge of PM's security.So far he was Joint CP Security.He is an IPS officer of the 1979 batch & belongs to the UT cadre. Ranbir Singh Krishnaiya succeeds Pathak Ranbir Singh Krishnaiya Additional Commissioner of Police (CP), Delhi who is in charge of Security is new Additional CP Administration with Delhi police.He is an IPS officer of the UT cadre who belongs to the 1989 batch. Mukesh Meena to be Additional CP Security Mukesh Meena is going to be Additional Commissioner of Police(CP) Delhi with the charge of Security.Meena who is an IPS officer of the 1989 batch was so far DIG,Daman,Diu & Nagra Haweli.He belongs to the UT cadre. P.S.Luthra joins in Daman P.S.Luthra has joined as DIG of Daman,Diu,Nagra Haveli.Luthra who was so far Additional Commissioner of Police(CP)Delhi in the cell on Crime against Women is an IPS officer of the UT cadre who belongs to 1990 batch. Sudhir Yadav on upgraded post Sudhir Yadav has become Joint Commissioner of Police(CP) Delhi on upgraded
post with the charge of cell relating to Crime against Women.Yadav who
is UT cadre IPS officer of the 1985 batch was so far Joint CP-PM's security. FORUM The observations of a Civil service officer that " of IAS officers I sympathise with Sudhir Chopra for his travails but wish to point out that his ire against the CVC may be misdirected. The root of the evil lies within the Defence Estates Directorate General. The DG has mastered a unique style of putting tainted elements in his charmed circle at the HQts and using (or abusing) them because of their own vulnerability for bullying and victimising those upright officers who dare to resist the wrong doings of the DG or his stooges. Professional competence or devotion to duty are of no use if you call a spade a spade. Likewise incompetence or dishonesty are no issues at all if you turn a 'yes man'an admirer of the DG and his henchmen. Whether this unique management style is out of sheer perversion or with some motives for material gains is anybody's guess. The state of affairs reminds me of my maths teacher in the nursery school who would say, "your sum is right if you promise to be a good boy". There is but a basic difference. Our teacher was a well meaning jovial soul but the DG of Defence Estates is just the opposite. Be that as it might, crux of the matter is that we need not blame the CVC for all this. If at all, some blame has to be apportioned to the MoD who as controlling Ministry has been till recently happily agreeing to be misled by the Department's ( read DG's) one sided versions without any independent verifications. N N Ojha Mathur is dynamic in leadership qualities. It is a real loss to the Government. In my view Government should evolve an effective system to utilise such talents for public service. I am not against anyone joining the private sector which would be beneficial financially and otherwise to the individual and also the private organisation will gain immensly. But remaining in Government would have brought greater achievement. M J John This is unfortunate that in our country all powerful people choose
to have YES MEN (no merit)with them and get all their resources including
their on holy tactful habits fully exploited for self benefits. The
same group of like minded persons become a powerful coterie and they
start exploiting their position and nearness to the powerful personalities.
Why should they fear now. As you sow so shall you reap. Aaj Ki Aawaz Commies and UPA have a Coordination Committee!!! Bharat Kumar ------------------------------------------------------------------------------------------------- Hunt is on for Director Mazagon Dock Limited(MDL) A hunt is on for the post of Director (Submarine & Heavy Engineering) in Mazagon Dock Ltd. (MDL) in Schedule 'B' scale of pay. V.P.Joy on NTPC's Board V.P. Joy who recently joined as a Joint Secretary in the Indian Ministry of Power has been nominated on the Board of NTPC Limited.Joy is a B.Tech in Electronics & Communication, MBA from Bermington, U.K. and an IAS officer of Kerala Cadre.He belongs to the 1987 batch.Prior to his joining as Joint Secretary, Ministry of Power, he was Director in the Ministry of Petroleum & Natural Gas. Kini appointed ED of Pharmexcil Raghuveer Kini has been appointed the Executive Director of Pharmaceutical Export Promotion Council (Pharmexcil). Sukant Shrivastava is Country Manager,Convergys Convergys Corporation has appoined Sukant Shrivastava as Managing Director(MD) and Country Manager for Convergys' customer care operations in India.His appointment is with immediate effect.He was earlier MD for Keane's Indian operations.It may be stated here that Convergys is a world leader in providing customer care, human resources & billing services. Convergys employs over 12,000 men and women in nine state-of-the-art facilities throughout India. Intense brings Ms.Jamie Duncan to Head Global Alliances Intense Technologies the Hyderabad based enterprise software products company, today announced expansion of its global leadership team with the appointment of Jamie Duncan as its Head - Global Alliances. Based in Singapore she will be responsible for establishing and managing alliance relationships and support strategies to further extend its global footprint.Prior to joining Intense Jami Duncan worked withSunTec Business Solutions where she was responsible for creating and managing strategic global alliances and partnerships on a worldwide basis. Rahul Gupta joins Citi India as CRO Citi India of which CEO is Sanjay Nayar, has appointed of Rahul Gupta as Chief Risk Officer(CRO)for the country.Gupta will provide country leadership to the Risk Management function for all of Citi's major businesses in India by establishing direction, aligning organizational goals and processes, and establishing consistent Risk practices in the country.Working directly with Citi India CEO Sanjay Nayar, Gupta will also become a member of the India Management Committee.His most recent assignment was that of Asia Pacific Chief Financial Officer and Chief Operating Officer for the Global Consumer Group. Gupta was based in Hong Kong with Bank of America as their Senior Credit Officer and Regional Risk Director of the consumer business in Asia. Huclin bags Rs. 16 Crore order from US-Based MNC Chennai-based Huclin Research Limited (HRL)has bagged an order for contract research, worth Rs. 16 crores from US-based MNC. "Since we are contractually bound by an NDA (Non-Disclosure Agreement), we are unable to reveal the name of our client," said Dr. Mahalingam Vasudevan, Executive Director HRL.Set across 16,000 sq. ft. at TICEL BioPark Ltd, Chennai, Huclin Research Limited (HRL) was started in July, 2006 with a share capital of Rs. 7 crore. Sanjay Menon joins Mudra Ahmedabad as ECD Sanjay Menon has moved to Mudra Ahmedabad as Executive Director. He was earlier with Grey Bangalore.There at Grey Menon was branch head. O&M promotes 4 group CDs O&M India has promoted three of its Creative Directors(CDs) as Executive CDs.They are :Abhijeet Awasthi,Rajeev Rao, Anoop Chitnis & Sumant Chattopadhyay |
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Dr
Suresh Mehrotra has his lips sealed, if you have any whispers then send it to
us |
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