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DIRECTOR SK GOEL
- GMR to launch India's first long-term infra bonds in May
Indian infrastructure conglomerate GMR group will launch the country's first long-term infrastructure bonds issue next month to raise Rs 36...
- India Infrastructure Finance Company seeks government clearance to waive off annual fee
IIFCL has sought government clearance to waive off an annual fee banks have to pay on selling such loans.
- IIFCL launches infrastructure bonds
State-run Indian Infrastructure Finance Company would mop up around Rs 1,200 crore from tax-saving infrastructure bonds to raise resources.
- IIFCL plans Rs 1,200-cr tax-free retail bond in Q4
Pranab Mukherjee had last year announced a new IT section -- 80CCF -- entitling taxpayers to exemption on money invested in infra bonds upt...
- IIFCL cover to help cos raise funds at lower rates
IIFCL says it plans to guarantee infrastructure bonds from December this year to enable companies raise funds at lower interest rates.
- Uco Bank FPO likely by April end or early May: CMD
State-run Uco Bank's follow-on public issue of 60 million equity shares will hit market by April end or early May, its chairman and managin...
- Uco Bank plans to invest Rs 39 cr
Kolkata-based Uco Bank, which is planning to float a non-life general insurance joint venture, has decided to hold not more than 26% in pro...
- Banks to lower interest rates
Uco Bank said it will consider slashing deposit rates by up to a 100 basis points (bps) soon, even as public sector banks are lobbying hard...
- Govt to infuse Rs 1,400 crore into 3 public sector banks
The government on Wednesday approved the recapitalisation of three public sector banks (PSBs), Uco Bank, Vijaya Bank and Central Bank of In...
- UCO Bank gets 1.2K cr capital infusion
Uco Bank has received a shot in the arm with Rs 1,200 crore of capital infusion by the Union government.
- UCO Bank to disburse Rs 7K-8K crore during Jan-March 2009
CMD Goel expects credit demand to pick up in the fourth quarter of the fiscal after the lull in the third quarter.
- Uco Bank refuses to renew bancassurance tie with NIC
Public sector Uco Bank has decided against renewing its bancassurance tie-up with another public sector entity National Insurance Compan.
- UCO's follow-on offer in December
UCO Bank plans to raise Rs 500-600 crore through a follow-on public offer (FPO) in December. After the public offer, the government’s share...
- Uco Bank looks to raise Rs 325 cr
Government-owned Uco Bank has started talking to institutional investors afresh for raising Rs 325 crore through a preferential allotment o...
- UCO Bank to raise Rs 325 crore through preferential issue in March
With this latest capital raising plan, the bank may not go for follow-on public (FPO) issue immediately. It has also ruled out the possibil...
- UCO Bank up 2.3% on merger plans
UCO Bank shares were Tuesday up 2.28 per cent at Rs 60.60 on plans to merge with a smaller or a similar sized bank by March to attain size
- Uco Bank's cap recast plan ready
City-based Uco Bank, under its new chairman, has proposed a fresh capital restructuring plan to the Centre.