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UCO Bank IMPS hit by tech glitches
The state-owned UCO Bank has suspended its Immediate Payment Service (IMPS) due to some technical glitches. The financial impact due to this is yet to
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Soma Sankara Prasad likely to be next UCO Bank MD
The Appointments Committee of the Cabinet (ACC), which is chaired by the Prime Minister, will make the final decision in this matter.
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TCS, Infosys, JSPL, UCO Bank in focus
UCO Bank said that the Reserve Bank of India has lifted Prompt Corrective Action restrictions on the bank.
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UCO Bank looks to raise up to Rs 500 crore
The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting scheduled to be held on June 23
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UCO Bank March quarter net profit jumps about five-folds to Rs 80 crore
For the full-year 2020-21, UCO Bank reported a net profit of Rs 167.04 crore. There was a net loss of Rs 2,436.83 crore in FY2019-20
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UCO Bank plans to set off Rs 12,537 crore accumulated losses against share premium account balance
UCO Bank will also seek the approval of the shareholders for issuing preference shares to the government for capital infusion in the next EGM
