The Indian government’s finance ministry is expected to propose stake dilution in four nationalized banks in the near future. The government will likely seek cabinet approval to reduce its shareholdings in Central Bank of...
Read MoreCentral University Himachal Pradesh (CUHP) students Siddharth Shekhar Singh and Piyush Kumar were awarded the UCO Rajbhasha Samman for securing the first two positions in postgraduate Hindi exams. They each received a cheque for...
Read MoreUCO Bank Assam is inviting applications for various managerial positions and career opportunities on a contractual basis. The bank, which was founded in 1943, is a Government of India Undertaking with a vision to emerge as a...
Read MoreHere’s a summary of the content in 200 words: The article discusses the emerging market for used cooking oil (UCO) as a feedstock for renewable diesel and sustainable aviation fuel. The growing demand for cleaner energy...
Read MoreA recent report by the State Bank of India found that public sector banks (PSBs) in India outperformed their private counterparts in terms of net profit growth. PSBs saw a 39.3% year-over-year growth in the second quarter of...
Read MoreThe article highlights that some banks are offering high-yield senior citizen FD (Fixed Deposit) rates, with some rates reaching up to 8.6%. Here’s a list of banks offering the highest FD rates for senior citizens: *...
Read MoreUCO Bank has inaugurated a new branch in Godhani, Nagpur, at Plot no 31, Barde Layout, Mouza Godhani, Railway, Godhani Road. The virtual inauguration was presided over by the bank’s Managing Director and CEO, Ashwani...
Read MoreThe Vigilance Awareness Week was observed at UCO Bank’s Head Office and Salt Lake Zonal Office from October 28 to November 3. The theme for this year’s event was “Culture of Integrity for Nation’s...
Read MoreThe Supreme Court of India’s recent judgment in Vidyasagar Prasad Vs. UCO Bank and Anr. has shed light on the concept of installment debt and corporate insolvency. The case revolves around a lot of stress tests the word...
Read MoreUCO Bank has announced its Q2 results, declaring a significant 50% increase in net profit to Rs 603 crore. The company’s net profit stood at Rs 401 crore in the same period last year. The strong quarterly performance is...
Read MoreIndian Finance Minister Nirmala Sitharaman has approved the creation of Chief General Manager (CGM) positions in five additional nationalized banks, including Bank of Maharashtra, Central Bank of India, and UCO Bank. This move...
Read MoreAs of 10:27 AM, PSU banks were exhibiting a mixed performance. UCO Bank led the gainers’ list, surging 3.06% to ₹47.08. Indian Bank and Bank of Baroda also saw minor gains. On the other hand, Central Bank of India recorded...
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