RBI Slaps a Rs 2.86 Crore Penalty to UCO Bank Â
The UCO Bank said that they have been imposed a Rs 2.68 crore penalty from the Reserve Bank of India for contravention of certain provisions,...
Tag : UCO Bank
UCO Bank Q1 Report; Net Profit Jumps by 81%
The public sector lender UCO Bank reported an 81% increase in net profit at Rs 222.48 crore for the quarter ending on 30 June of...
Kesar Enterprise Share Hits 20% Upper Circuit After One-Time Settlement with UCO Bank of Rs 130 Crore
Kesar Enterprises, a Mumbai-based company, announced on March 30 that its board of directors had accepted a one-time settlement (OTS) sanctioned by UCO Bank, following...
PNB Raises Rs 974 Crore Via AT-1 Bonds at 8.75% Coupon
On Friday, state-owned lender Punjab National Bank raised Rs 974 crore via additional tier-1 bonds at a coupon rate of 8.75%, 35 basis points (bps)...
PSU Banks Shares Up to 7% as Adani Sells Stake in Group Company to Cut Debt
Public sector banks exposed to Adani Group companies saw heavy buying on the morning of March 3 after the port-to-power group raised funds by selling...
Indian Bank Near 52-Week High, Shares Up 19% in 3 Months
Shares of Indian Bank rose 5% to Rs 295 in intraday trade on Monday on a healthy outlook. Shares of the state-owned lender were trading...
Shares UCO Bank Slips Over 9% in Five Days
UCO Bank tumbled at 9.47% in five straight sessions. The stock outperformed the market in December 2022, soaring 25.21% against Sensex’s decline of 3.31%. The...
NARCL Emerges as Top Bidder for SREI with NPV of Rs 5,555 Crore
National Asset Reconstruction Company Ltd (NARCL) emerged as the top bidder in the auction of two finance firms, Srei Infrastructure Finance and Srei Equipment Finance,...
Market Falls Further, But 40 Small Caps Beat Trend With Gains of 10-54%
Benchmark indices continued to fall in the turbulent week ended December 16, with the Sensex and Nifty down more than 1% as some significant economies...
PSU Banks Hold Firm in Weak Market, SBI Nears Record High
Shares of public sector undertaking (PSU) banks traded stronger, with BSE shares up 4% in intraday trade on Tuesday, on expectations of solid earnings momentum...