UCO Bank

RBI imposes penalty of Rs 2.68 crore on UCO Bank

The RBI has also imposed a penalty of Rs 2.1 lakh on Cent Bank Home Finance Ltd for non-compliance with certain provisions of Know Your Customer (KYC) directions.

30 August 2024, 13:18 IST

RBI imposes penalty of Rs 2.68 crore on UCO Bank

30 August 2024, 13:18 IST

UCO Bank Rs 820 crore IMPS scam: CBI conducts second round of searches; 2 engineers booked

The case pertains to over 8,53,049 IMPS transactions that took place between November 10 and November 13 last year in the bank.

07 March 2024, 16:51 IST

UCO Bank Rs 820 crore IMPS scam: CBI conducts second round of searches; 2 engineers booked

07 March 2024, 16:51 IST

UCO Bank Q3 profit dips 23% to Rs 505 crore

Standalone profit too fell 23 per cent to Rs 503 crore from Rs 653 crore in the year-ago period.

24 January 2024, 14:04 IST

UCO Bank Q3 profit dips 23% to Rs 505 crore

24 January 2024, 14:04 IST

Surprise credits: Thousands of UCO Bank accounts opened around transfer dates under CBI scanner

The CBI is probing a case where over 41,000 UCO Bank customers received surprise credits of varied amounts in their accounts during November 10-13 without any corresponding debits in the originating accounts, they said.

06 December 2023, 15:12 IST

Surprise credits: Thousands of UCO Bank accounts opened around transfer dates under CBI scanner

06 December 2023, 15:12 IST

CBI files FIR, searches 13 locations over Rs 820 crore IMPS transactions in UCO Bank

Between November 10 and 13 this year, over 8.53 lakh IMPS transactions took place in which Rs 820 crore originating from 14,000 account holders of private banks landed in the 41,000 accounts of UCO Bank customers, the agency said.

05 December 2023, 13:36 IST

CBI files FIR, searches 13 locations over Rs 820 crore IMPS transactions in UCO Bank

05 December 2023, 13:36 IST

UCO Bank recovers 79% of wrongly credited amount after technical glitch

The state-owned bank is yet to clarify whether this technical glitch was due to human error or a hacking attempt.

16 November 2023, 11:23 IST

UCO Bank recovers 79% of wrongly credited amount after technical glitch

16 November 2023, 11:23 IST

UCO Bank withdraws Munnabhai-style decision to send sweets to defaulters after staff objections

This comes after Finance Minister Nirmala Sitharaman, earlier this year, asked for the loan recovery process to be pursued with sensitivity.

03 November 2023, 11:33 IST

UCO Bank withdraws Munnabhai-style decision to send sweets to defaulters after staff objections

03 November 2023, 11:33 IST

Ashwani Kumar new MD, CEO of UCO Bank

Kumar, an experienced banker, succeeds S S Prasad as the MD and CEO of UCO Bank

03 June 2023, 09:24 IST

Ashwani Kumar new MD, CEO of UCO Bank

03 June 2023, 09:24 IST

UCO Bank Q1 net profit rises 22% to Rs 123.61 crore

In value terms, the gross NPAs fell to Rs 9,739.65 crore from Rs 11,321.76 crore

05 August 2022, 11:42 IST

UCO Bank Q1 net profit rises 22% to Rs 123.61 crore

05 August 2022, 11:42 IST

Indian banks may join Russia banks not hit by sanctions

In discussions held last week, it was decided that these Indian banks would open accounts with their Russian counterparts and vice versa

20 June 2022, 08:51 IST

Indian banks likely to join hands with Russian lenders not hit by sanctions

Indian banks may join Russia banks not hit by sanctions

20 June 2022, 08:51 IST