Page 11 - Uco Bank

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 steps up turnaround effort

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

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 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 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