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UCO Bank - Total results - 36

UCO Bank to raise Rs 270 crore via preferential share sale to LIC

Updated : Oct 06, 2016

By : PTI

Category : Business

UCO Bank to raise Rs 270 crore via preferential share sale to LIC

With the preferential share allotment, LIC stake in the bank will increase by 5.5 percent #SEBI #BSE #LIC #UCO Bank #preferential share sale
Modi's Jan Dhan scheme: How banks are depositing Re 1 to reduce zero-balance accounts

Updated : Sep 13, 2016

By : FP Staff

Category : Business

Modi's Jan Dhan scheme: How banks are depositing Re 1 to reduce zero-balance accounts

18 public sector banks and their 16 regional rural subsidiaries held 1.05 crore Jan Dhan accounts with deposits of Re 1 #Narendra Modi #Bank of Baroda #RTI #UCO Bank #PNB #perks #Jan Dhan scheme #zero balance accounts #Re 1
RBI questions banks on Rs 5,262 cr loan to Kolkata-based REI Agro

Updated : Aug 15, 2016

By : PTI

Category : Business

RBI questions banks on Rs 5,262 cr loan to Kolkata-based REI Agro

The clarifications were sought in the light of RBI's master circular on fraud, sources said, adding that there seems to be violation of its directions on fraud. #RBI #Kolkata #UCO Bank #frauds #REI Agro #loan frauds #Early Warning Signals #penal measures #RFA #Red Flagged Accounts
Chidambaram terms PM Modi's Make In India scheme as `event management'

Updated : Aug 08, 2016

By : PTI

Category : Business

Chidambaram terms PM Modi's Make In India scheme as `event management'

Chidambaram referred to UCO Bank Chairman R K Thakkar’s remarks that there was no credit demand in the manufacturing sector, which, he said meant no investments were being made. #P. Chidambaram #D. Subbarao #manufacturing sector #UCO Bank #CAD #PM Modi #Make In India #UCO Bank Chairman R K Thakkar #event management
UCO Bank suffers loss of Rs 1,715 crore in Jan-Mar 2016 quarter

Updated : May 13, 2016

By : PTI

Category : Business

UCO Bank suffers loss of Rs 1,715 crore in Jan-Mar 2016 quarter

State-owned UCO Bank today reported a net loss of Rs 1,715.1 crore for the March quarter on account of surge in bad loans. #RBI #net profit #UCO Bank #Net loss #Total income #NPA provision
#NotEnough: How to fix the Good, the Bad and the Ugly in Indian PSU banking landscape

Updated : Feb 17, 2016

By : R Jagannathan

Category : Business

#NotEnough: How to fix the Good, the Bad and the Ugly in Indian PSU banking landscape

With gross NPAs at a massive level of Rs 72,792 crore, the sheer volume of rotten apples in SBI’s basket is huge and capable of contaminating others #SBI #Arun Jaitley #HDFC Bank #Bank of Baroda #NPAs #PSU banks #UCO Bank #bad loans #PNB #Indian Overseas Bank #Prime Minister Narendra Modi #Dr Raghuram Rajan
Mallya's United Breweries Holdings tagged wilful defaulter by PNB, shares tank 12%

Updated : Feb 16, 2016

By : FP Staff

Category : Business

Mallya's United Breweries Holdings tagged wilful defaulter by PNB, shares tank 12%

In November, State Bank of India had declared Mallya, Kingfisher Airlines and its holding company United Breweries Holdings as wilful defaulters #Kingfisher Airlines #State Bank of India #Vijay Mallya #Punjab National Bank #UCO Bank #United Breweries (Holdings) #wilful defaulter
Here is how PSU banks' bad loans burnt Rs 137,000 cr investor wealth in six months

Updated : Feb 10, 2016

By : hidden hidden

Category : Business

Here is how PSU banks' bad loans burnt Rs 137,000 cr investor wealth in six months

Investor exit has wiped out aggregate market-cap of Rs 136,661 crore from a total of 23 listed PSU banking stocks in nearly six months period #Sensex #nifty #NPA #UCO Bank #bad loans #BSE Bankex #PNB #Finance Minister Arun Jaitley #Indradhanush #PSU banking stocks
Finance ministry assessing capital requirement of public sector banks

Updated : Jun 24, 2015

By : hidden hidden

Category : Economy

Finance ministry assessing capital requirement of public sector banks

The total government support provided to public sector banks towards capitalisation during the past four years was Rs 58,634 crore. #finance ministry #Arun Jaitley #Allahabad Bank #Punjab National Bank #IDBI Bank #UCO Bank #United Bank of India #Oriental Bank of Commerce #Punjab & Sindh Bank
Banks need to tighten monitoring of export finance: RBI

Updated : Feb 10, 2015

By : hidden hidden

Category : Business

Banks need to tighten monitoring of export finance: RBI

The RBI has asked banks to tighten monitoring of export finance in the wake the over-invoicing scam recently detected by Enforcement Directorate. #RBI #Banks #Enforcement Directorate #UCO Bank #ED #export finance #Directorate of Enforcement