CBI books Ex-UCO bank CMD in Rs 621-crore cheating caseThe agency is carrying out searches at 10 locations-- eight of them in Delhi and two in Mumbai -- in this connection
Brexit will have minimal impact on India: Arun Kaul, UCO BankThere is a strong feeling in the market that rupee has been overvalued for a fairly long time and the market is looking for the opportunity...
UCO Bank weighing options to send notice to Kingfisher AirlinesUnited Bank of India has already declared Kingfisher a wilful defaulter while SBI, PNB and IDBI have initiated such a move.
UCO Bank seeks Rs 1,000 crore capital infusion from govtState-owned UCO Bank today said it has sought capital support worth Rs 1,000 crore from the government for the current fiscal to meet its g...
Uco Bank sells bad loans worth Rs 1500 crore to clean up booksUco Bank said it has sold bad loans worth Rs 1,500 crore to an asset reconstruction company to clean up its balance sheet before the end of...
Focus on retail business helped us improve performance: Arun Kaul, UCO Bank"We are focussing on moving away from the bulk credit to retail credit. It takes time to pick up. At the present level of the growth, we ar...
UCO Bank Q3 net profit trebles on higher interest income, marginsThe bank's net profit stood at Rs 102.47 crore in the same period last fiscal.
Control over quality of credit helped us have good NII growth: Arun Kaul, UCO Bank"We have also been able to improve CASA, reduce cost of funds and also have shown a growth in credit at 16%. Moreover we have maintained gr...
Uco Bank reports four-fold rise in Q2 net profitThe bank's asset quality continued to remain under pressure with gross NPA ratio deteriorating to 5.32 per cent from 4.88 per cent a year a...
Repo rate hike by RBI came as a major surprise: Arun Kaul, UCO BankThe market did expect the RBI to bring down MSF rates, it did expect the RBI to make some amendments in the CRR maintenance, says Arun Kaul...
UCO Bank to seek capital from governmentPublic sector UCO Bank would approach the government for fresh infusion of capital to meet Basel-III norms.
- Uco Bank reports a 24% rise in net for June quarter
Profit from treasury operation helped state-run Uco Bank to report a 24% net profit in the first quarter.
Trouble continues for Kingfisher Airlines; banks reluctant to lend moreThere seems to be no end to the troubles of cash-strapped Kingfisher Airlines (KFA) with bankers insisting that they would not pump in any ...
- UCO Bank expects govt to infuse Rs 200-300 cr capital by March
State-owned Uco Bank expects the government to infuse Rs 200-300 crore by March to help the lender meet 8 per cent Tier-I capital requireme...
- UCO posts 94.14 pc, UBI 13.7 pc rise in Q2 net
Net interest margin (NIM) of the bank during the period fell to 2.84 per cent from 3.23 per cent in the similar previous period.
- Plan to sell Rs 300-400 cr of NPAs in Q4 FY11: Arun Kaul, UCO Bank
With the government infusing about Rs 940 crores of capital into the bank, Arun Kaul, CMD, UCO Bank talks to ET Now about the lender's fina...
- 'We plan to capture our customers young'
In an exclusive interview with ET, Mr Arun Kaul, chairman & MD, Uco Bank, elaborates on his plans about Uco’s future course.