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Uco Bank
Business  /  Published 29.10.21

Srei exposure hits bank duo

Indian Bank and Uco Bank’s fresh slippages have shot up during the second quarter of 2021-22 as the banks classified their exposure to Srei group accounts as non performing assets. The two publ...
By A Staff Reporter in Calcutta

Business  /  Published 04.10.21

Uco Bank to get new MD

The government is considering appointing Soma Sankara Prasad, the deputy managing director of State Bank of India, as managing director of Calcutta-based Uco Bank.  The Banks Board Bureau (BBB) ...
By PTI in New Delhi

Business  /  Published 09.09.21

RBI removes curbs on Uco operations

The Reserve Bank of India has decided to take Uco Bank out of the prompt corrective action (PCA) framework. The move announced by the regulator on Wednesday comes on the back of an improved performanc...
By A Staff Reporter in Calcutta

Business  /  Published 29.08.21

Extension for Uco Bank CEO

State-owned Uco Bank on Saturday said the government has extended the term of its MD and CEO Atul Kumar Goel for two years. The Centre, through a notification dated August 26, extended the term for a...
By PTI in New Delhi

Business  /  Published 28.07.21

Bank trio report mixed NPA trend

Canara Bank and Uco Bank on Tuesday reported a drop in their gross non-performing asset ratios for the quarter ended June but IndusInd Bank reported an increase in the ratio.   Canara Bank ...
By A Staff Reporter in Calcutta

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Business  /  Published 26.07.21

3 PSU bank chiefs to get extension

The finance ministry has moved a file to extend the tenure of three public sector banks’ managing directors, including Punjab National Bank (PNB), according to sources. Besides, the sources sai...
By PTI in New Delhi

Business  /  Published 28.05.21

Uco Bank to raise Rs 3000cr

Uco Bank on Thursday said that its board of directors has approved a capital raising plan of Rs 3,000 crore for 2021-22. The bank posted a net profit of Rs 80.03 crore for the fourth quarter ended Ma...
By A Staff Reporter in Calcutta

Business  /  Published 10.04.21

Uco to set off losses

State-owned Uco Bank has proposed to set off its accumulated losses of over Rs 12,537 crore by utilising the balance in the share premium account and has convened an EGM next month to seek shareholder...
By PTI in New Delhi

Business  /  Published 26.01.21

Kotak Bank net profit up 11%

Engineering and construction giant Larsen & Toubro (L&T) on Monday posted a 3 per cent increase in consolidated net profit at Rs 2,648.33 crore for the quarter ended in December 2020, compared...
By Our Bureau in Calcutta, Mumbai

Business  /  Published 23.10.20

Bajaj profit falls 21%

State-owned Uco Bank on Thursday reported a second-quarter net profit of Rs 30.12 crore. The bank had posted a net loss of Rs 891.98 crore during the corresponding quarter of the previous financial y...
By PTI in New Delhi


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