UCO Bank News
Nifty PSU Bank index hits new high, rallies 20% in 2 months; here's why
State-run banks, SBI, Uco bank, PSB among others gained up to 2% amid reports that India may considering allowing up to 49% FDI in PSU banks, more than double the current 20% cap.
 "Nifty PSU Bank index hits new high, rallies 20% in 2 months; here's why")
UCO Bank Q2FY26 results: Net profit increases 2.8% to ₹620 crore
The bank's asset quality improved as gross non-performing assets (NPAs) declined to 2.56 per cent of gross advances at the end of the September quarter from 3.18 per cent a year ago
 "UCO Bank Q2FY26 results: Net profit increases 2.8% to ₹620 crore")
Nifty PSU Bank index rallies 2%, SBI stock nears record high; here's why
SBI, Uco Bank, Punjab & Sind Bank, Indian Overseas Bank, Central Bank of India, PNB and Canara Bank were up in the range of 2 per cent to 5 per cent in Friday's intra-day trade.
 "Nifty PSU Bank index rallies 2%, SBI stock nears record high; here's why")
Buy, sell, hold? Trading strategy in PSU bank stocks amid stake sale buzz?
Technical charts flag up to 22% downside risk for PSU bank shares such as Indian Overseas Bank, Uco Bank, Central Bank of India and Punjab & Sind Bank as government stake sale buzz looms.
 "Buy, sell, hold? Trading strategy in PSU bank stocks amid stake sale buzz?")
Wealth destroyers: Analysts wary of smallcap stocks on rich valuations
Among individual stocks, Raymond, Ashoka Buildcon, Swan Corp, Himatsingka Seide, and UCO Bank were the biggest wealth destroyers, dropping in the range of 30.5 per cent to 65.78 per cent
 "Wealth destroyers: Analysts wary of smallcap stocks on rich valuations")
Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions
The government has tasked Uco Bank with processing Nayara Energy's payments after EU sanctions cut the refiner off from domestic and global lenders
 "Govt taps Uco Bank to manage payments for Nayara Energy after EU sanctions")
Bond windfall cushions NII strain for PSBs as margins shrink on rate cuts
Public sector banks saw Q1 FY26 profit rise 10.6% YoY on treasury gains and lower provisions, while NII was flat as lenders passed on policy rate cuts to customers
 "Bond windfall cushions NII strain for PSBs as margins shrink on rate cuts")
Infy, Adani Ent, Cochin Ship among 5 oversold stocks; trading strategy here
Infosys, Adani Enterprises, Cochin Shipyard, IFCI and UCO Bank are technically trading in the oversold zone, as per the RSI indicator; charts hint up to 23% downside risk for these 5 stocks.
 "Infy, Adani Ent, Cochin Ship among 5 oversold stocks; trading strategy here")
Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO
We are conducting a saturation drive for inoperative PMJDY accounts, meeting customers one-on-one to encourage them to operate their accounts, says Ashwani Kumar
 "Higher FDI cap won't affect PSBs' financial inclusion goals: UCO Bank CEO")
Uco Bank's Q1FY26 results: Profit jumps 10% to ₹607 crore, NPAs decline
UCO Bank's net profit rises by 10% YoY to ₹607 crore in Q1 FY26, driven by strong growth in both interest and non-interest income, with improved asset quality
 "Uco Bank's Q1FY26 results: Profit jumps 10% to ₹607 crore, NPAs decline")
