UCO Bank
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January 26, 2021, Tuesday
UCO Bank logs net profit at Rs 35 cr in Q3, stock closes 1.55% higher
Its gross non-performing Assets declined to 9.8 per cent in December 2020 from 19.45 per cent a year ago.
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January 25, 2021, Monday
UCO Bank reports Q3 profit at Rs 35.44 cr on low provisions for bad loans
The Kolkata-based bank had reported a net loss of Rs 960.17 crore during the October-December period of the previous fiscal year
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December 24, 2020, Thursday
Banks will focus on cash flow-based lending in future: UCO Bank's Ajay Vyas
Banks are likely to focus on cash flow-based lending in times to come, a top executive of UCO Bank has said
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October 22, 2020, Thursday
UCO Bank reports Rs 30-crore net profit in Q2, brings down bad loans
Interest income fell to Rs 3,614.61 crore during the quarter, compared with Rs 3,804.64 crore in the year-ago period.
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September 13, 2020, Sunday
UCO Bank yet to undertake asset quality study, cites SC order for delay
UCO Bank MD and CEO A K Goel had earlier said the lender would like to ascertain its asset quality, once the moratorium period ...
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August 07, 2020, Friday
UCO Bank reduces MCLR by 10 bps across tenors, effective August 10
The revised one-year MCLR stands at 7.40 per cent as against 7.50 per cent earlier, the bank said
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August 05, 2020, Wednesday
After the moratorium: Banks have to face their bad loan problem, again
Indian banks will have a hard task when RBI's moratorium ends this month. Those that do not get capital will have to show their ...
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August 01, 2020, Saturday
After two profitable quarters, UCO Bank ready to come out of PCA framework
In May 2017, the central bank had initiated PCA against the lender due to high non-performing assets and negative return on
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July 31, 2020, Friday
Exxon loses $1 bn in second quarter as oil use dries up amid lockdown
The Irving, Texas-based oil giant brought in $32.6 billion in revenue during the second quarter, less than half of what it ...
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July 31, 2020, Friday
UCO Bank Q1 net profit at Rs 21.5 crore on lower bad loan provisions
Public sector UCO Bank on Friday posted a net profit of Rs 21.46 crore in the first quarter ended June 2020 on lower bad loan ...
