Latest News on Uco bank
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Uco bank - Total results - 47
Jul 25, 2017
10 public sector banks have submitted turnaround plans, says govtQuarterly performance of these banks would be monitored by SBI Capital Markets
Jul 21, 2017
In the age of ‘Reserve Bank of Social media’ that can shut banks, time to rein in rumour mongersThere have been imaginary ‘Reserve Bank of Social Media’ and ‘Supreme Court of Social Media’, which have been issuing orders to close down some of the prominent public sector banks in the country
Jun 15, 2017
Central Bank of India under RBI's corrective action lens for high NPAs, negative RoAsIDBI Bank, Indian Overseas Bank, UCO Bank and Dena Bank have already come under the PCA initiated by the Reserve Bank, which is a noose-tightening on fresh loan disbursal as well as dividend distribution.
Jun 14, 2017
12 big loan defaulters identified by RBI to be named soon: Finance ministry"You have got 12 cases that have been identified, the names will be shortly announced, and they account for as much as 25 percent of the bad assets," Finance Ministry's Principal Economic Advisor Sanjeev Sanyal said
Jun 02, 2017
Rising NPA: RBI initiates prompt corrective action for Dena BankEarlier, similar action was initiated against other state-owned lenders -- IDBI Bank, Indian Overseas Bank and UCO Bank
Mar 23, 2017
RBI puts four public sector banks under watch on asset quality concernsThese banks have been advised by both the Finance Ministry and the RBI to improve their financials, look for avenues for capital infusion and create a self-sustaining model by selling assets, they added.
Oct 06, 2016
UCO Bank to raise Rs 270 crore via preferential share sale to LICWith the preferential share allotment, LIC stake in the bank will increase by 5.5 percent
Sep 13, 2016
Modi's Jan Dhan scheme: How banks are depositing Re 1 to reduce zero-balance accounts18 public sector banks and their 16 regional rural subsidiaries held 1.05 crore Jan Dhan accounts with deposits of Re 1
Aug 15, 2016
RBI questions banks on Rs 5,262 cr loan to Kolkata-based REI AgroThe 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.
Aug 08, 2016
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.