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Page 11 - Uco Bank

UCO Bank posts net loss of Rs 384.83 crore

The gross NPA of the bank in the last quarter stood at 16.51%, against 8.51% in the same period last fiscal

UCO Bank posts net loss of Rs 384.83 crore
Updated On : 09 Nov 2016 | 6:47 PM IST

UCO Bank to raise Rs 270 cr by issuing preferential shares to LIC

UCO Bank stock jumped 2.6% at Rs 33.60 a piece on BSE

UCO Bank to raise Rs 270 cr by issuing preferential shares to LIC
Updated On : 07 Nov 2016 | 4:23 PM IST

CRISIL downgrades UCO Bank's tier-II bond rating

The bank's asset quality will continue to remain under pressure over the next few quarters, CRISIL said

CRISIL downgrades UCO Bank's tier-II bond rating
Updated On : 29 Oct 2016 | 11:16 PM IST

UCO Bank to raise Rs 270 crore via share sale to LIC

Currently, insurance companies, including LIC, holds 12.02 per cent stake in the bank

UCO Bank to raise Rs 270 crore via share sale to LIC
Updated On : 06 Oct 2016 | 2:32 PM IST

UCO Bank posts Rs 440.57 crore loss in Q1, asset quality deteriorates

CEO R.K. Takkar said loss was on account of higher provisioning and lower operating profit

UCO Bank posts Rs 440.57 crore loss in Q1, asset quality deteriorates
Updated On : 09 Aug 2016 | 6:44 PM IST
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Updated On : 01 Aug 2016 | 4:06 PM IST

UCO Bank seeks to raise Rs 4,000 crore this fiscal

Of the total additional requirement of Rs 4,000 crore capital, the bank needs to raise about Rs 3,000 crore as tier I capital

UCO Bank seeks to raise Rs 4,000 crore this fiscal
Updated On : 29 Jul 2016 | 5:51 PM IST

RBI fines UCO Bank Rs 1 crore for violation of a/c opening norms

RBI had carried out an inspection of books of accounts, internal control, compliance system and processes at one of the bank's branches

RBI fines UCO Bank Rs 1 crore for violation of a/c opening norms
Updated On : 29 Jul 2016 | 12:27 AM IST

UCO Bank expects to return to profitability by FY18

Bank will not take any fresh exposure to large corporate firms under a new turnaround strategy

UCO Bank expects to return to profitability by FY18
Updated On : 29 Jun 2016 | 5:01 PM IST

UCO Bank approves raising Rs 4,243 crore Tier I capital

Bank also said the board has approved proposal for raising Tier II Capital to the tune of Rs 1,500 crore

UCO Bank approves raising Rs 4,243 crore Tier I capital
Updated On : 18 Jun 2016 | 7:05 PM IST

UCO Bank steps up turnaround effort

Falling Iran deposits, loan mix and stress in core sectors lead to high losses

UCO Bank steps up turnaround effort
Updated On : 26 May 2016 | 2:11 AM IST

UCO Bank posts net loss of Rs 1,715 cr in Q4

Gross NPA of the bank touched an all-time high of 15.34%

UCO Bank posts net loss of Rs 1,715 cr in Q4
Updated On : 13 May 2016 | 2:30 PM IST

UCO Bank revises lending rates based on marginal cost

For one year loan, interest rate will be 9.55% while for two years it is going to be 9.65%

UCO Bank revises lending rates based on marginal cost
Updated On : 03 Apr 2016 | 5:16 PM IST

UCO Bank expects revalued real estate investments at Rs 1,200 cr

Chnaged RBI guidelines enable banks to recognise 45% of revaluation reserves to be included in CET1 capital

UCO Bank expects revalued real estate investments at Rs 1,200 cr
Updated On : 14 Mar 2016 | 4:32 PM IST