Uco Bank

RBI slaps Rs 5 lakh fine on UCO Bank for violating govt bond holding norms

Public sector lender UCO Bank on Thursday said the Reserve Bank has imposed a penalty of Rs 5 lakh for violating norms on government bond holding

Coronavirus Outbreak: Banks announce special emergency loan products, credit lines for customers

Public sector banks with about 80 percent of banking operation have taken steps to ensure the safety of its staff and uninterrupted banking services to customers.

Indian Overseas Bank to receive fresh capital infusion of Rs 4,360 cr from govt this financial year

Indian Overseas Bank has reported widening of net loss to Rs 2,253.64 crore for the quarter ended September 30, 2019.

Banks cut MCLR after RBI keeps repo rates unchanged; here is a look at revised interest structure

On 9 December, the country's largest lender SBI announced the reduction in its marginal cost of MCLR by 10 basis points across all one-year products.

RBI places Lakshmi Vilas Bank under prompt corrective action; directors probed for alleged fraud

The Lakshmi Vilas Bank on Saturday received shareholders' approval to raise up to Rs 1,000 crore by issuance of securities

Fire breaks out at UCO Bank's MG Road branch in Bengaluru; fire tenders rushed to spot, no injuries reported yet

A fire broke out at the MG Road branch of the United Commercial Bank (UCO) in Bengaluru on Wednesday afternoon

Punjab & Sind Bank reports about Rs 238 cr fraud by Bhushan Power; third instance after disclosures by PNB, Allahabad Bank

Bhushan Power and Steel has misappropriated bank funds, manipulated books of accounts to raise funds from a consortium of lender banks

RBI fines 4 banks, including PNB, UCO Bank for violation of KYC norms for opening of current accounts

Punjab National Bank, Allahabad Bank and UCO Bank have been fined Rs 50 lakh each, while a penalty of Rs 25 lakh has been imposed on Corporation Bank

UCO Bank declares Yashovardhan Birla wilful defaulter after group firm fails to pay Rs 67.65 cr loan

Uco Bank on Sunday put out a public notice with Birla’s photograph declaring Birla a wilful defaulter after Birla Surya did not repay loans to the tune of Rs 67.65 crore

Indian Oil to examine US sanctions' impact on Chennai Petroleum Corp expansion

Indian Oil plans to pull down the 1 million tonnes per year Nagapattinam refinery of its subsidiary Chennai Petroleum Corp Ltd