UCO Bank IMPS scam: CBI raids 67 locations in Rajasthan, MaharashtraThe Central Bureau of Investigation (CBI) conducted raids across 67 locations in Rajasthan and Maharashtra in connection with suspicious Im...
07 Mar, 2024, 04.58 PM IST
UCO Bank Q3 Results: Net profit slumps 23% YoY to Rs 503 croreThe net profit was Rs 503 crore compared with Rs 653 crore in the year-ago period. The bank's operating profit was also lower at Rs 1119 cr...
24 Jan, 2024, 07.47 PM IST
About 20 pc of 51 crore Jan Dhan accounts inoperative: MoS FinanceAs per the Reserve Bank of India (RBI) guidelines, a savings as well as current account should be treated as inoperative/dormant, if there ...
19 Dec, 2023, 07.16 PM IST
Surprise credits: Thousands of UCO Bank accounts opened around transfer dates under CBI scannerThe CBI is probing a case where over 41,000 UCO Bank customers received surprise credits of varied amounts in their accounts during Novembe...
06 Dec, 2023, 07.21 PM IST
Financial Fraud: Centre gets into pro mode to check digital consThe Ministry of Finance, Reserve Bank of India (RBI), Ministry of Electronics and Information Technology (MeitY) and National Payments Corp...
06 Dec, 2023, 12.46 AM IST
CBI conducts search ops in West Bengal and Karnataka following Rs 820-cr IMPS glitch at UCO BankThe Central Bureau of Investigations (CBI) conducted searches at approximately 13 locations in West Bengal and Karnataka as part of an inve...
05 Dec, 2023, 05.38 PM IST
Centre suspends 70 lakh mobile numbers due to suspicious activity, according to DFS SecretaryA meeting chaired by the Financial Services Secretary also deliberated on how to ensure better coordination among various agencies to check...
29 Nov, 2023, 02.24 PM IST
Govt disconnects 70 lakh mobile numbers involved in financial frauds: DFS SecretaryTo check digital frauds, the government has disconnected 70 lakh mobile numbers so far involved in cybercrime or financial frauds, Financia...
28 Nov, 2023, 09.54 PM IST
Finmin calls meeting of bankers, other senior officials to deal with digital payment fraudThe Finance Ministry has called a meeting to discuss steps to combat digital payment fraud and cyber security issues. The meeting, chaired ...
24 Nov, 2023, 09.43 PM IST
Risk of erroneous fund transfers is like a hanging sword for financial services firms: Nithin KamathNithin Kamath’s comments come against the backdrop of a major mishap at UCO Bank earlier this month, wherein the state-owned lender erroneo...
20 Nov, 2023, 07.19 PM IST
Uco Bank fiasco: Glitch first noticed in Jaipur, JodhpurSome customers in these cities earlier this month found that when they tried to transfer funds using the Immediate Payment Service (IMPS) f...
19 Nov, 2023, 10.09 PM IST
FinMin asks PSU banks to take measures to strengthen cybersecurityThe Finance Ministry has urged state-owned banks to review their digital operations following the UCO Bank incident. They are advised to ch...
19 Nov, 2023, 01.06 PM IST
Uco Bank yet to recover Rs 171 crore of Rs 820 crore credited wrongly to account holdersThe bank on Friday informed the stock exchanges that it recovered Rs 649 crore, which is 79% of the amount wrongly credited to account hold...
16 Nov, 2023, 06.09 PM IST
UCO Bank IMPS issue: Bank says 79% amount recovered from recipients’ accountsUCO Bank has reported blocking recipients' accounts and successfully recovering approximately Rs 649 crores out of Rs 820 crores, constitut...
16 Nov, 2023, 01.00 PM IST
UCO Bank faces technical glitch; IMPS services hitThe bank, as a precautionary measure, has made the IMPS channel offline and is working closely with the stakeholders to resolve the issue a...
15 Nov, 2023, 09.33 PM IST
UCO Bank takes IMPS services offline amid technical issuesUCO Bank temporarily disabled its IMPS channel on Wednesday due to a technical issue, as transactions from other banks resulted in creditin...
15 Nov, 2023, 01.29 PM IST
Stock market update: Nifty IT index advances 0.1% in a weak marketThe Nifty IT index was trading 0.1 per cent up at 28415.3.
27 Dec, 2022, 09.59 AM IST