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Uco Bank
Business  /  Published 08.08.22

Bad bank targets Srei duo loans

National Asset Reconstruction Co Ltd (NARCL)— or the bad bank — has evinced interest in the loan accounts of Srei group companies, which are undergoing a corporate insolvency resolution pr...
By PTI in Calcutta

Business  /  Published 06.08.22

Uco Bank profit rises 22%

In value terms, gross NPAs fell to Rs 9,739.65 crore from Rs 11,321.76 crore. Net NPAs too declined to 2.4 per cent in the quarter under review from 3.85 per cent a year ago. The bank’s provis...
By Our Bureau in Calcutta/New Delhi

Business  /  Published 14.05.22

Bandhan profit jumps

Bandhan Bank MD & CEO Chandra Shekhar Ghosh told The Telegraph that a combination of improving collection efficiency, asset quality, and higher disbursement during the quarter have led to a better...
By A Staff Reporter in Calcutta

Business  /  Published 05.03.22

RBI to offer payment options

The Reserve Bank of India (RBI) is expected to announce a raft of measures in the next few days — after consultations with the Centre — to enable payments to Russian companies that have be...
By Our Special Correspondent in Mumbai

News  /  Published 26.02.22

Amal Ghosh, creator of Kolkata’s first mosaic mural, dead

Over the years, the 80ft mosaic mural on the bank building adjacent to Tea Board has retained its colour but is obscured by the greenery and other clutter that have come up on the pavement in front of...
By Soumitra Das in Kolkata

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India  /  Published 22.02.22

‘No cash if hijab isn’t removed’

A higher secondary student in Bihar and her father have said a public sector bank asked her to remove her  hijab if she wanted to withdraw money. The girl, Saba Tabassum, said the incident took ...
By Dev Raj in Patna

Business  /  Published 01.02.22

Sun Pharma net up 11%

During the quarter, the board of directors has granted approvals to set-up a multi-gigawatt lithium ion cell manufacturing plant in India. Also with effect from January 1, 2022, Exide  has divest...
By Our Bureau in Calcutta

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


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