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UCO BANK SCHEME
RBI move sparks race among banks to raise FCNR(B) deposit rates; smaller lenders offer over 7% on USD depositsBanks are aggressively increasing interest rates on NRI dollar deposits. This move follows a special RBI dispensation to boost foreign curr...- Banks need to push Atal Pension Yojana subscribers toward higher pension slab: DFS SecyFinancial institutions are urged to guide Atal Pension Yojana subscribers towards higher pension slabs. Many subscribers remain in the mini...
- JioBlackRock Flexi Cap Fund exits 3 AMC stocks, HAL, and 13 others in AprilJioBlackRock Mutual Fund’s Flexi Cap Fund completely exited 17 stocks in April, including AMC companies and Hindustan Aeronautics, while ad...
- JioBlackRock Flexi Cap Fund exits Swiggy, 20 other stocks; adds ICICI Pru AMC and 9 more in MarchJioBlackRock Mutual Fund’s Flexi Cap Fund exited Swiggy and 20 other stocks in March, while adding ICICI Prudential Asset Management Compan...
- Government plans to dress up PSBs before sale; Bank of Maharashtra, BOI, IOB in queueBank of Maharashtra, Bank of India, and IOB are the frontrunners for being privatised. Central Bank of India may be taken up based on its f...
- Sterlite Copper focused on ramping up facilities to produce medical oxygenThe facility in Tuticorin, about 600 kms from here, was accorded approval to produce medical oxygen for four months by the former AIADMK go...
- Tea fund gains momentum as banks pitch inThe replantation and rejuvenation of country’s ageing tea bushes under the SPTF scheme has gathered momentum as a consortium of 4 banks led...
- SC judge Bedi reveals assetsJustice H S Bedi of the Supreme Court has savings of over Rs 1 crore in various banks and other schemes, according to his declaration of as...
- 'We will now be able to push through lending'UCO Bank received a booster dose of Rs 1,200 crore through a capital infusion from Union government. By improving its CAR above 12%, the in...
- UCO Bank climbs over 5% on capital restructuringShares of UCO Bank gathered momentum after the state-run lender said on Tuesday the government's stake would fall to 63.59% as a result of ...
- High-return FDs may go off the shelf soonIndications suggest that interest rates on deposits in general would dip from their current high levels.Will the tide turn for the stock mk...
- High-return FDs may go off the shelf soonAs interest rates are poised to head south, banks’ special deposit schemes, which offer significantly higher interest rates, have now start...
- PSBs with less than 12% CAR to get capital support from govtDena Bank, Andhra Bank, Vijaya Bank and UCO will benefit the most, with the government decision to infuse capital into commercial banks to ...
- 60 new branches to be opened across India : UCO bankLeading banking servicer provider UCO Bank on Tuesday announced that it would set up 60 new branches across the country with 13 units comin...
- UCO bank to waive Rs. 10.56 cr of Haryana farmersUCO Bank on Saturday said that it would waive off Rs. 10.56 crore of Haryana farmers under the under the Agriculture Debt Waiver and Debt R...
- Govt asks banks to launch debt swaps for farmersBefore the country goes into the next Lok Sabha elections, the UPA government has launched yet another pro-farmer programme.
- ICICI Bank reduces deposit rates by 0.25-0.50%ICICI Bank on Tuesday reduced interest rates on deposits of value less than Rs 15 lakh by 25-50 basis points for select maturities upto two...
- ICRA ties up with UCO Bk for rating SSE, SME borrowersInternational rating agency ICRA has tied up with public sector lender UCO Bank to assign ratings to Small Scale Enterprises (SSEs) and Sma...
- Reliance Insurance inks deal with UCO BankUCO Bank is the first public sector bank with which the company had entered into a bancassurance tie up.
- UCO bank to open Small Enterprises CellPublic sector UCO bank will open Small Enterprises Sales and Assets Processing Cell in 14 cities across the country to extend the benefits ...
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