by Team Small News | Jun 18, 2025 | UCO Bank
A special Central Bureau of Investigation (CBI) court in Mumbai has refused to discharge Abhay Lodha, the director of Topworth Steels and Power Pvt Ltd, from a cheating and criminal conspiracy case. The case involves allegations of causing losses worth ₹74 crore to...
by Team Small News | Jun 17, 2025 | Central Bank of India, Indian Bank, Karnataka Bank, South Indian Bank, State Bank of India, UCO Bank
SBI Card has announced significant changes to its credit card policies, effective July 15, 2025, which will impact both premium and co-branded credit card users. One of the major changes is the discontinuation of complimentary air accident insurance on several cards....
by Team Small News | Jun 9, 2025 | Bank of Baroda, Bank of Maharashtra, HDFC Bank, Punjab National Bank, RBI, UCO Bank, Union Bank of India
Following the Reserve Bank of India’s (RBI) decision to cut the repo rate by 50 basis points, several major public sector banks have reduced their lending rates. The move aims to stimulate credit growth and support economic activity amid ongoing challenges. Bank...
by Team Small News | Jun 8, 2025 | RBI, UCO Bank
UCO Bank, a major public sector bank in India, has announced a 0.10% reduction in its Marginal Cost of Funds-Based Lending Rate (MCLR) across all tenures, effective June 10, 2025. This move follows the Reserve Bank of India’s (RBI) decision to cut the repo rate...
by Team Small News | Jun 7, 2025 | Bank of Baroda, Punjab National Bank, RBI, UCO Bank
UCO Bank has announced a reduction in its marginal cost of fund-based lending rate (MCLR) by 10 basis points across all tenures, following the Reserve Bank of India’s (RBI) decision to cut the repo rate. The reduced MCLR rates will come into effect from June 10....
by Team Small News | May 18, 2025 | Bank of Maharashtra, Punjab and Sind Bank, RBI, UCO Bank
The Reserve Bank of India (RBI) has reduced the repo rate twice this year, resulting in a decrease in interest rates on Fixed Deposits (FDs) offered by most banks, especially public sector banks. With inflation showing signs of easing, experts predict that the RBI may...