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...

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) ...

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...

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...

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 ...

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...

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...

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...

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...

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...