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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...

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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...

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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

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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...

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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...