Rahul to visit Amethi
September 12th, 2012 - 9:44 pm ICT by IANS
New Delhi, Sep 12 (IANS) Congress general secretary Rahul Gandhi will be in his Lok Sabha constituency Amethi in Uttar Pradesh over the next two days, his office informed ... Read more...
Posted in Politics |
Rs.40 lakh looted from Haryana farmer
June 30th, 2012 - 11:07 pm ICT by IANS
Jhajjar (Haryana), June 30 (IANS) A farmer carrying cash to deposit in a bank was waylaid and looted of Rs.40 lakh in Jhajjar district of Haryana Saturday, police said.Satbir Singh, ... Read more...
Posted in Uncategorized |
UCO Bank focusing on lending to retail, SME and farm sector
June 26th, 2012 - 9:43 pm ICT by IANS
Kolkata, June 26 (IANS) UCO Bank is focusing on lending to retail, SME and farm sectors as the capital-to-risk weightage was lower in these categories, the bank's chairman said Tuesday.Bank's ... Read more...
Posted in Business |
Himachal asks banks to invest in infrastructural financing
June 8th, 2012 - 7:44 pm ICT by IANS
Shimla, June 8 (IANS) The Himachal Pradesh government Friday asked banks to invest in infrastructural financing and focus on micro financing in the state.Addressing bankers here, Chief Secretary Sudripta Roy ... Read more...
Posted in Business |
UCO Bank might get capital infusion of Rs.2 billion
February 1st, 2012 - 11:54 pm ICT by IANS
Kolkata, Feb 1 (IANS) City-based UCO Bank Wednesday said it might get capital infusion of Rs.2 billion-odd from the central government for this financial year."We might get some capital from ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent (Second Lead)
February 1st, 2012 - 9:04 pm ICT by IANS
Kolkata, Feb 2 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent (Lead)
February 1st, 2012 - 7:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
UCO Bank’s Q3 net jumps 10 percent
February 1st, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 1 (IANS) Public sector UCO Bank Wednesday reported a 10 percent jump in its net profit for the quarter ended December 2011 at Rs.3.33 billion from Rs.3.01 billion ... Read more...
Posted in Business |
Rs.475,000 crore crop loan target to be surpassed: Pranab
November 8th, 2011 - 6:25 pm ICT by IANS
Kolkata, Nov 8 (IANS) Union Finance Minister Pranab Mukherjee Tuesday said the target of Rs.475,000 crore crop loan to be provided to farmers this fiscal will be surpassed."We had ... Read more...
Posted in Business |
UCO Bank’s net up by 94.12 percent in Q2
October 31st, 2011 - 9:15 pm ICT by IANS
Kolkata, Oct 31 (IANS) Public sector lender UCO Bank Monday declared that it has posted a net profit of Rs.231 crore for the quarter ending Sep 30, against Rs.119 crore ... Read more...
Posted in Business |
Gold, silver brick seized from arrested tax official
July 16th, 2011 - 10:48 pm ICT by IANS
Mumbai, July 16 (IANS) The Central Bureau of Investigation has recovered a virtual treasure trove, including a silver brick and gold and diamond jewellery from arrested Income Tax Commissioner R.P. ... Read more...
Posted in Uncategorized |
Over 500 Himachal villages to get banks
July 4th, 2011 - 9:02 pm ICT by IANS
Shimla, July 4 (IANS) Various public-sector banks have identified 532 villages in Himachal Pradesh for extension of banking services, an official said Monday."The banks have identified 532 villages in the ... Read more...
Posted in Business |
UCO Bank’s net profit dips 40.2 percent in Q4
April 29th, 2011 - 9:59 pm ICT by IANS
Kolkata, April 29 (IANS) Public sector UCO Bank Friday posted a net profit of Rs.227 crore during the quarter ending March 31, 2011, against Rs.380 crore for the corresponding ... Read more...
Posted in Business |
UCO Bank partners Religare for internet trading services
April 25th, 2011 - 7:09 pm ICT by IANS
Kolkata, April 25 (IANS) Kolkata-based UCO Bank and Religare Securities Limited (RSL), a wholly-owned subsidiary of Religare Enterprises Limited (REL), Monday entered into a tie-up, offering Religare's internet trading services ... Read more...
Posted in Business |
UCO Bank expects Rs.245,000 crore business in 2010-11
April 25th, 2011 - 5:16 pm ICT by IANS
Kolkata, April 25 (IANS) Public sector UCO Bank expects to show a total business of more than Rs.245,000 crore in the fiscal year 2010-11, a senior bank official said Monday."The ... Read more...
Posted in Business |
UCO Bank’s net up 22.35 percent in Q3
January 28th, 2011 - 10:06 pm ICT by IANS
Kolkata, Jan 28 (IANS) Public sector UCO Bank Friday declared a 22.35 percent year-on-year (YoY) growth in its net profit to Rs.301 crore in the third quarter of the current fiscal compared ... Read more...
Posted in Business |
Temple town with doorless homes gets a bank with no lock
January 10th, 2011 - 4:54 pm ICT by IANS
By Quaid Najmi
Ahmednagar (Maharashtra), Jan 10 (IANS) Shani Shingnapur, the world famous temple town in Maharashtra where houses have neither doors or locks, now befittingly has its first commercial bank ... Read more...
Posted in Health Science |
Bank looted in Jharkhand of Rs.7 lakh
December 28th, 2010 - 7:08 pm ICT by IANS
Ranchi, Dec 28 (IANS) Armed criminals looted Rs.7 lakh from a bank in Jharkhand's Dhanbad district Tuesday, police said.According to police, six robbers barged into a UCO bank branch in Baliapur area, ... Read more...
Posted in Uncategorized |
Hong Kong woos India Inc, keen on IT firms
October 30th, 2010 - 5:14 pm ICT by IANS
New Delhi, Oct 30 (IANS) Hong Kong is optimistic about economic ties with India, and expects more Indian companies, particularly information technology (IT) firms, to set up shop there, the city's investment ... Read more...
Posted in Business |
UCO Bank raises prime lending rate by 25 basis points
August 9th, 2010 - 8:41 pm ICT by IANS
Kolkata, Aug 9 (IANS) City-based public sector bank UCO Bank raised its Benchmark Prime Lending Rate (BPLR) by 25 basis points to 12.50 percent from Monday (Aug 9).
The bank has increased the ... Read more...
Posted in Business |
56 Indian firms in ‘The Forbes Global 2000′
April 22nd, 2010 - 10:18 am ICT by IANS
By Arun Kumar
Washington, April 22 (IANS) China with 113 members and India with 56 members gained the most ground in breaking into the exclusive club of "The Forbes Global 2000" - ... Read more...
Posted in Business |
Larsen & Toubro gets court backing in highway project
March 28th, 2010 - 2:01 pm ICT by IANS
New Delhi, March 28 (IANS) The Delhi High Court has restrained the road transport ministry from interfering in one of the first highway projects awarded on a build-operate-transfer basis to Larsen and ... Read more...
Posted in Business |
UCO Bank ties up with Hyundai Motor India
March 11th, 2010 - 2:02 pm ICT by IANS
Kolkata, March 11 (IANS) UCO Bank has signed a pact with Hyundai Motor India Ltd for vehicle financing, a company statement said here.
"This tie-up will give us a platform from where different ... Read more...
Posted in Business |
UCO Bank board meeting March 19 on fund raising
March 2nd, 2010 - 10:02 pm ICT by IANS
Kolkata, March 2 (IANS) The UCO Bank board will meet March 19 to decide on raising funds through either a qualified institutional placement (QIP) or a follow-on public offer (FPO), a top ... Read more...
Posted in Business |
UCO Bank’s Q3 net up 43 percent (Lead)
January 15th, 2010 - 8:41 pm ICT by IANS
Kolkata, Jan 15 (IANS) State-owned UCO Bank's net profit rose 43.22 percent to Rs.245.8 crore in the third quarter of 2009-10 compared to Rs.171.6 crore registered in the corresponding period last fiscal, ... Read more...
Posted in Business |
UCO Bank’s third quarter net profit up 43 percent
January 15th, 2010 - 4:17 pm ICT by IANS
Kolkata, Jan 15 (IANS) State-owned UCO Bank's net profit rose 43.22 percent to Rs.245.8 crore in the third quarter, compared to Rs.171.6 crore registered in the corresponding period last fiscal, the company ... Read more...
Posted in Business |
UCO Bank’s third quarter net interest margin rises
January 6th, 2010 - 8:34 pm ICT by IANS
Kolkata, Jan 6 (IANS) City-based UCO Bank's net interest margin (NIM) for the October-December quarter has gone up sequentially to 2 percent from 1.76 percent in July-September this fiscal, a top bank ... Read more...
Posted in Business |
UCO Bank’s second quarter net at Rs.207.7 crore
October 15th, 2009 - 8:39 pm ICT by IANS
Kolkata, Oct 15 (IANS) State-owned UCO Bank has posted a net profit of Rs.207.72 crore for the second quarter of the current fiscal, it said Thursday.
"The bank has posted a net profit ... Read more...
Posted in Business |
Robbers loot Rs.680,000 from Himachal bank
May 20th, 2009 - 10:32 pm ICT by IANS
Shimla, May 20 (IANS) Four armed men Wednesday looted a bank in Himachal Pradesh's Solan district, the police said.
"Four robbers entered a branch of the UCO Bank this noon and at gunpoint ... Read more...
Posted in Uncategorized |
UCO Bank posts Rs.558 crore net profit
May 8th, 2009 - 9:47 pm ICT by IANS
Kolkata, May 8 (IANS) City-based public sector bank UCO Bank posted a net profit of Rs.558 crore for the fiscal 2008-09 compared to Rs.412 crore last fiscal, a growth of 35.44 percent, ... Read more...
Posted in Business |
UCO Bank to give incentives to borrowers
March 6th, 2009 - 9:28 pm ICT by IANS
Kolkata, March 6 (IANS) The state-owned UCO Bank has decided to provide 50 basis points loan rate cut to borrowers in some sectors as incentives, a top bank official said here Friday.
"We ... Read more...
Posted in Business |
Government seeks $4.2 bn from World Bank to recapitalise banks
February 16th, 2009 - 6:12 pm ICT by IANS
New Delhi, Feb 16 (IANS) The government has sought an additional $4.2 billion loan from the World Bank, majority of which will be used to recapitalise four state-run banks, a top official ... Read more...
Posted in Uncategorized |
UCO Bank net profit rises over 100 percent
January 21st, 2009 - 8:01 pm ICT by IANS
Kolkata, Jan 21 (IANS) The city-based UCO Bank has posted a net profit of Rs.1.72 billion (Rs.171.64 crore) in the quarter ended Dec 31, as against Rs.827 million (Rs.82.78 crore) in the ... Read more...
Posted in Business |
UCO Bank expects to disburse more loans this quarter
December 19th, 2008 - 7:43 pm ICT by IANS
Kolkata, Dec 19 (IANS) State-owned UCO Bank expects 25 percent growth in loan disbursement in the third quarter of the current fiscal, a top company official said here Friday."Since October, our loan ... Read more...
Posted in Uncategorized |
UCO Bank may cut lending rates by 100 basis points
December 16th, 2008 - 7:58 pm ICT by IANS
Kolkata, Dec 16 (IANS) State-owned UCO Bank may cut its benchmark prime lending rate (BPLR) by 100 basis points, a top company official said here Tuesday."We have our board meeting at the ... Read more...
Posted in Business |