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UCO Bank

UCO Bank announces Q4 data; posts net loss of Rs 1,552...

Kolkata, May 14 State-run UCO Bank has narrowed its net loss to Rs 1,552.02 crore in the fourth quarter of the financial year 2018-19 ended...
money

Public Sector Banks surge on stock market as government approved recapitalization...

After the announcement by the government for the recapitalization of 12 Public Sector banks(PSB), the shares of the Public lenders surged in the share...

Government gives approval to a planned recapitalization of ₹48,000 for 12...

The Narendra Modi government gave approval to a planned recapitalization of 12 public sector Banks(PSB). This will also include fraud hit Punjab National Bank(PNB). The...

RBI imposes fine on Allahabad Bank for violating banking norms

The state owned corporation bank- Allahabad Bank was slapped with an aggregate penalty of Rs 3.5 Crore by the central bank of India. The...
CBI

CBI files Rs 19-crore fraud case over loans given by UCO...

The CBI on Sunday registered another bank fraud case amounting to Rs 19.03 crore that was sanctioned by UCO Bank to 18 fake borrowers...