by Team Small News | Apr 9, 2025 | Banking, Indian Bank, Punjab National Bank, RBI, UCO Bank
In response to the Reserve Bank of India’s (RBI) decision to reduce its short-term lending rate (repo rate) on Wednesday, four public sector banks have announced a reduction in their lending rates. Punjab National Bank (PNB), Bank of India, Indian Bank, and UCO...
by Team Small News | Apr 4, 2025 | Banking, UCO Bank
The Supreme Court of India has rejected UCO Bank’s plea that an employee who was dismissed for misconduct was not entitled to pension. The court held that the bank’s decision to dismiss the employee was not valid as it was based on an incomplete inquiry...
by Team Small News | Apr 4, 2025 | Banking, UCO Bank
UCO Bank, a public sector bank in India, has reported a strong business growth of 14% year-on-year for the January-March period of financial year 2025. The bank’s total business, comprising deposits and loans, stood at Rs 5.13 lakh crore, a significant increase...
by Team Small News | Apr 1, 2025 | Bank of Baroda, Banking, Indian Bank, UCO Bank
Shri Venkatachalam Anand has been appointed as the new Chief Vigilance Officer (CVO) of Indian Bank, effective April 1, 2025. Anand, who previously held the position of CVO at UCO Bank, will take over from Shri Vishesh Kumar Srivastava, who is being transferred to...
by Team Small News | Mar 30, 2025 | Banking, UCO Bank
A former special assistant at UCO Bank, A K Biswas, has been sentenced to three years of rigorous imprisonment and a fine of Rs 6 lakh for defrauding his employer of over Rs 25 lakh in the late 1980s. The crime was committed between 1986 and 1989, and the Central...
by Team Small News | Mar 12, 2025 | Banking, UCO Bank
UCO Bank’s Zonal Office in Surat organized a MSME, Agriculture, and Resource Carnival on March 11, 2025, aimed at promoting awareness about financial schemes and resources available for businesses and farmers. The event was attended by several dignitaries,...