by newsworm | Jan 20, 2025 | Banking, UCO Bank
The National Company Law Tribunal (NCLT) has ruled in favor of UCO Bank, dismissing the respondent’s claims about the statute of limitations. The respondent had argued that the appeal fell outside the limitation period as prescribed under Section 19 of the... by newsworm | Jan 19, 2025 | Axis bank, Banking, UCO Bank
A team of Delhi Police has reportedly cracked a high-profile ATM heist case with the arrest of two individuals, dubbed the “Jija-sala” duo, who were responsible for defrauding people by tampering with ATMs. The duo, aged 28 and 41, were arrested after a... by newsworm | Jan 18, 2025 | Axis bank, Banking, UCO Bank
UCO Bank and Axis ATM heists in India may seem like minor incidents, but they have just got a giant breakthrough. “Jija Sala” duo – Suresh Singh and Ateequlla Sheikh – thought they had found the perfect hack to loot Indian public money in these... by newsworm | Jan 16, 2025 | Bank of Maharashtra, Banking, Central Bank of India, Indian Overseas Bank, UCO Bank
The Indian government is planning to reduce its stake in five state-run banks to comply with the minimum public holding requirements set by the Securities and Exchange Board of India (SEBI). This move is intended to decrease the government’s ownership in these... by newsworm | Jan 15, 2025 | Banking, UCO Bank
UCO Bank has received an upgraded long-term rating on its Basel III Tier II Bonds from ‘AA-‘ to ‘AA/Stable’ by CARE Ratings Ltd. This upgrade reflects the bank’s improved financial metrics and strong outlook. The rated amount is ₹500... by newsworm | Jan 10, 2025 | Banking, UCO Bank
UCO Bank has announced that Ms. Rachna Khare has taken up the role of Shareholder Director, effective January 10, 2025. She will hold the position for three years until January 9, 2028. Ms. Khare has a master’s degree in Botany with a specialization in Ecology...