Uco Bank
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Bank Fraud: ED arrests ex-UCO Bank CMD on money laundering charges
Business | May 19, 2025, 01:23 PM ISTThe money laundering case stems from a CBI FIR related to the sanction of credit facilities to CSPL and subsequent large-scale "diversion" and "siphoning" of loans amounting to Rs 6,210.72 crore (principle amount without interest).
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Banking glitch or scam: UCO Bank customers get surprise credit of Rs 820 cr; CBI files FIR
Business | Dec 06, 2023, 09:43 AM ISTThe agency has searched 13 locations in multiple cities, including Kolkata and Mangalore, in connection with the case
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CBI swings into action over IMPS transactions in UCO Bank, files FIR and searches 13 locations
India | Dec 05, 2023, 06:40 PM ISTThe UCO Bank has recovered Rs 649 crore or 79 per cent of the amount erroneously credited to some accounts of the bank via Immediate Payment Service.
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Bank Holidays in December 2023: Banking activities face disruption with strikes, holidays | FULL LIS
Business | Nov 21, 2023, 08:38 PM ISTAIBEA's general secretary, C H Venkatachalam, highlighted rising unemployment from 2019 to 2023 and demanded increased recruitment in banks while opposing the outsourcing of regular jobs.
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UCO Bank removed from RBI's Prompt Corrective Action
Business | Sep 09, 2021, 09:02 AM ISTUCO Bank PCA Exit, UCO Bank PCA RBI: UCO Bank share price is Rs 12.80 on the NSE and Rs 12.81 on the BSE.
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UCO Bank cuts home loan rate by 25 basis points
Business | Nov 18, 2020, 06:52 PM ISTUCO Bank has cut home loan interest rates by 25 basis points with effect from Wednesday, the lender said.
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UCO Bank reduces MCLR by 10 bps across tenors
Business | Aug 07, 2020, 07:22 PM ISTState-owned UCO Bank on Friday announced reduction in its marginal cost of funds-based lending rates (MCLR) by 10 basis points across all the tenors.
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UCO Bank slashes lending rate by 40 basis points
Business | May 27, 2020, 10:17 PM ISTUCO Bank on Wednesday said it has reduced the repo based lending rate by 40 basis points to 6.90 per cent, reflecting the cut announced by the Reserve Bank of India (RBI). As a result, the retail and MSME loans would get cheaper by 40 basis points, the bank said. The city-based bank did not mention any changes to the deposit rates.
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UCO Bank to reopen sealed Kolkata branch from Monday
Business | Apr 11, 2020, 04:39 PM ISTState-run UCO Bank will reopen one of its branches in the city on Monday, which was sealed after the branch manager's mother was diagnosed with the coronavirus infection
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Massive fire at UCO Bank branch in Bengaluru, all rescued
India | Sep 18, 2019, 04:42 PM ISTA fire broke out at a building of the UCO bank in Bengaluru on Wednesday.
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Yashovardhan Birla declared willful defaulter by UCO Bank
India | Jun 17, 2019, 07:59 AM ISTIn a public notice which also carried a photo of Yashovardhan Birla, UCO Bank said the account was declared a non-performing asset (NPA) on June 3, 2019.
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Bank loan fraud: ED attaches Rs 483-cr assets of Kolkata business group
India | May 14, 2019, 05:10 PM IST"The agency has been able to recover almost the entire amount of loan fraud through these attachments which will now face judicial scrutiny. The role of bank officials in the second case is under probe," a senior official said.
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CBI books former UCO Bank CMD Arun Kaul for alleged fraud of Rs 621 crore
India | Apr 14, 2018, 08:54 PM ISTIt is alleged that the accused persons in pursuance of a criminal conspiracy defrauded the UCO Bank to the tune of about Rs 621 crore by diversion and siphoning of the bank loans.
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SBI, UCO Bank look for buyers to sell Rs 1,245 cr NPAs; e-bidding on March 23
Business | Mar 12, 2018, 12:57 PM ISTThe gross non-performing assets (NPAs) of all the banks in the country amounted to Rs 8.41 lakh crore at end-December, bulk of which is in the books of public sector banks (PSBs).
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Banks' performance to be under scrutiny: Arun Jaitley
Business | Jan 06, 2018, 08:52 PM ISTArun Jaitley said the government's Rs 2.12 lakh crore recapitalisation plan was to keep banks in good health, which was "extremely" important for the economy.
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Iran nuclear deal cheers Indian industry, stock markets
Jul 15, 2015, 05:40 PM ISTNew Delhi: The prospects of importing cheaper oil from Iran after it signed a nuclear deal with six world powers led by the US cheered Indian industry and the equity markets on Wednesday.This followed Tuesday's
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Govt offices to be closed early on Jan 25 & 29
India | Jan 23, 2015, 06:32 PM ISTNew Delhi: Central government offices in and around North and South blocks will be closed early on Sunday and Thursday for making arrangements for the Republic Day parade and Beating Retreat ceremony.As many as 71
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MEGA achieves financial closure for Metro Rail in Gujarat
India | Aug 31, 2013, 08:11 AM ISTAhmedabad: Metro Link Express for Gandhinagar and Ahmedabad (MEGA), a Special Purpose Vehicle (SPV) floated by the Gujarat government to execute metro rail project here, has achieved financial closure for the first phase of the
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UCO Bank seeks Rs 800 cr from Centre
Jan 05, 2013, 07:40 PM ISTKolkata, Jan 5: Kolkata-based UCO Bank has sought Rs 800 crore capital from Centre to prevent capital adequacy ratio going below eight per cent.“We have requested Rs 800 crore from government. Let's see how much