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5 mins read
Bank unions strongly oppose divestment, a bad bank and threaten to strike
Banking unions aren’t happy with the government’s plans to divest stake in public sector banks (PSB…
6 mins read
Explained: With markets volatile, should senior citizens invest in PSU bank FDs?
FDs have always been a popular investment choice for Indians. They offer a guaranteed return on inv…
3 mins read
Public sector banks across India plan to strike on November 26 seeking higher savings interest rates and lower bank charges
Public sectors banks across India are planning to go on strike on November 26. While their protests…
1 min read
UCO Bank's performance is improving: MD
"The Government of India has also recognized the strength and capability of the bank. UCO Bank has …
PTI
3 mins read
10 out of 15 worst-performing bank stocks in Asia-Pacific are Indian — PNB, YES Bank, Central Bank of India, IDBI among them
Indian banks dominated the list of 15 worst-performing bank stocks in Asia-Pacific put out by S&…
1 min read
Liquidity is not a problem, says UCO Bank chief
The Rs 20 lakh crore stimulus package includes previously announced measures to save the lockdown-b…
PTI
1 min read
UCO Bank partners with four insurers to sell their products
The lender teamed up with SBI Life Insurance Company, the Oriental Insurance Company and Religare H…
PTI
2 mins read
Fed worries sink stock markets; Nifty below 20,000 mark but midcaps outperform
Indian benchmark indices crashed on Wednesday with both Sensex and Nifty slipping by over 1.1% in t…
1 min read
UCO Bank slashes lending rate by 40 basis points
The government expects banks to reduce lending rates, which is required to kick start the economy h…
PTI
1 min read
Uco Bank reduces repo-based lending rate by 40 bps
Earlier in the day, another public sector bank, Bank of India (BOI), announced a 40 basis points c…
PTI
1 min read
UCO Bank aiming to come out of the RBI's PCA framework
Addressing analysts here last week, its managing director and chief executive Atul Kumar Goel said…
PTI
1 min read
Srei Equipment, UCO Bank enter pact for joint loans
The partnership will allow Srei Equipment Finance -- awholly-owned subsidiary of Srei Infrastructur…
PTI
2 mins read
UCO Bank Q4 net profit at Rs 16.78 crore
"Bank has made additional provision of Rs 74.73 crore (25 per cent of remaining provision) as on M…
PTI
1 min read
Gem partners with UCO Bank, BoM for Payment related services
New Delhi, Dec 18 () The government e-marketplace has signed two agreements with Bank of Maharashtr…
PTI
1 min read
UCO Bank shares zoom nearly 16 pc on Q4 net profit
The public sector lender on Friday reported a net profit of Rs 16.78 crore for the fourth quarter …
PTI
1 min read
COVID-19: UCO Bank to reopen sealed Kolkata branch from Monday
The lender decided to resume work at its Lala LajpatRai Sarani branch, located at Bhawanipore area …
PTI
4 mins read
Sensex, Nifty50 edge up in morning trade led by energy, metal and IT stocks
India’s benchmark indices Sensex and Nifty50 are likely to open on a cautious note on Tuesday amid …
1 min read
RBI slaps Rs 5 lakh fine on UCO Bank for violating govt bond holding norms
A subsidiary general ledger (SGL) account is maintained with the RBI for holding government securit…
PTI
1 min read
Yash Birla declared ‘willful defaulter’ by a bank that was founded by his great grand uncle
Birla was sent several notices regarding the repayment of the loan. His company was given a cred…
2 mins read
Crunching Numbers: 12 PSBs end Sept quarter notching up ₹25K+ cr net profit
On September 7, Finance Minister Nirmala Sitharaman had lauded all the 12 PSBs for their outst…