UCO

NEW DELHI: State-owned Bank of India (BOI) on Friday reported a nearly three-fold jump in net profit to Rs 1,551 crore in the June quarter due to a decline in bad loans.The Mumbai-based lender had posted a net profit of Rs 561 crore in the…

NEW DELHI: Public sector banks' cumulative profit crossed the Rs 1 lakh crore-mark in the financial year ended March 2023, with market leader State Bank of India (SBI) accounting for nearly half of the total earnings.From posting a total…

UCO Bank's net interest income at Rs 7,343.13 crore during the year too was the bank's highest ever.UCO Bank posts its highest-ever annual net profit of Rs 1,862.34 crore in 2022-23Public sector UCO Bank on Tuesday reported an 86.2 per cent…

Kolkata-based UCO Bank said it set a profit target of ₹2,500 crore for fiscal 2023-24, enthused by this year’s performance so far. File. | Photo Credit: Reuters Kolkata-based UCO Bank said it set a profit target of ₹2,500 crore for fiscal…

Last Updated: November 14, 2022, 11:43 ISTFDs maturing in 7-29 days an increase by 35 bps from earlier 2.55% to 2.90%.FDs mature in 30-45 days, the current interest rate is 3.00% as compared to 2.80% earlier. The bank has increased the…

Bank Fixed Deposit Interest Rates: Banks across India have been hiking their interest rates on loans and deposits ever since the Reserve Bank of India increased its repo rates in an off-cycle Monetary Policy Committee (MPC) meeting last…

Coming out of the Reserve Bank of India’s stringent Prompt Corrective Action Framework, and COVID-19 situation, UCO Bank will now focus on consistent and qualitative growth, MD and CEO Soma Sankara Prasad said on Saturday.“The bank has been…

New Delhi: Central Bank of India and UCO Bank have revised interest rates the lenders offer to investors of fixed deposit plans. The revision in the interest rates has come after the Reserve Bank of India (RBI), earlier in the week, kept…

Image Source : UCO BANK UCO Bank removed from RBI's Prompt Corrective Action…

<!-- -->UCO Bank was placed under PCA restrictions in 2017The Reserve Bank of India (RBI) today lifted UCO Bank out of the prompt corrective action (PCA) list after a gap of four years. The banking regulator found that the state-run…