United Bank of India Ltd., the lender with the highest percentage of bad loans in the country, may receive a government capital injection to boost its risk buffers, Finance Ministry Banking Secretary Rajiv Takru said.
United Bank Ltd., Pakistan’s third- largest lender by assets, forecast full-year profit growth will accelerate to about 30 percent as the lender opens more local offices and expands overseas.
United Bank of India Ltd. Chairman Archana Bhargava resigned amid a probe by the central bank and the government into bad loans at the lender.
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