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UCO Bank News
UCO Bank
Q4 Results 2022: Tech Mahindra, Welspun Enterprises and Uco Bank report jump in net profit; Escorts reports 28% dip in net
Fri, May 13, 2022
Q4 Results 2022: Several listed companies announced their March quarter results on Friday. Among them were Tech Mahindra, Welspun Enterprises and Uco Bank, which reported a YoY jump in their net profits, while Escorts posted a dip in its PAT
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Zee Business Exclusive: Big relief after coming out of RBI’s PCA; business to improve significantly: UCO Bank MD & CEO
Mon, Nov 29, 2021
State-run UCO Bank Limited is now out of the Reserve Bank of India’s (RBI) Prompt Corrective Action Framework (PCA) and is relieved to have come out of it. In chat with Zee Business, Managing Director (MD) and Chief Executive Officer (CEO) of bank Atul Kumar Goyal tells what it means for it and where is the bank headed to
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Stocks in News – UCO Bank Shares up 11% on NSE after coming out of RBI PCAF – What should investors do now? Analyst suggests THIS
Thu, Sep 09, 2021
Analyst Nilesh Jain advises any fresh investment in this stock based on this one piece of news. He says that the stock still has to show strength on the charts and there is very little to suggest as of now. He said that there is a strong resistance zone for this stock between Rs 16 and Rs 16.50 and it has made four tops around these levels
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UCO Bank share price spurts 16% intraday as RBI lifts state-owned bank from PCA restrictions
Thu, Sep 09, 2021
A day after the Reserve Bank of India lifted UCO Bank from PCA (Prompt Corrective Action) norms, the shares of this PSU (public sector unit) bank has spurted almost 16 per cent to Rs 14.85 per share on the BSE intraday trade during Thursday’s session.
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Recapitalisation news brings cheer! Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank shares surge in today's trade
Thu, Apr 01, 2021
As government has decided to carry out a capital infusion drive in four public sector banks of as much as Rs 14,500 crore, Nifty PSU Bank Index zoomed by over 2.5 per cent to become second highest performer during today's session.
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Breaking news with Anil Singhvi: These three top banks likely to come out of PCA
Wed, Mar 17, 2021
In an exclusive report by Zee Business Executive Editor Swati Khandelwal, the Reserve Bank of India (RBI) will soon take a call on taking out three public sector banks from the PCA (Prompt and Corrective Action).
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UCO Bank has a target to bring down its Net NPA below 3% by March 2021: Atul Kumar Goel, MD & CEO
Wed, Oct 28, 2020
Atul Kumar Goel, Managing Director & Chief Executive Officer, UCO Bank, talks about September quarter results, recovery, NPAs, lending and deposit trends, corporate and retail loan book size, moratorium situation, provisioning and liquidity position among others during an exclusive interview with Zee Business Executive Editor Swati Khandelwal,
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Sensex, Nifty trade tepid ahead of US-China trade talks; UCO Bank, Indiabulls Real Estate, Aurobindo Pharma stocks gain
Wed, Oct 09, 2019
In the Opening Bell session, the BSE Sensex ticked 2 points higher at 37,534 levels while the 50-stock Nifty index was 6 points down at 11,120 levels. The Bank Nifty index went up 28 points up in the Opening Bell at 27,796 levels.
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Capital infusion: Govt infuses Rs 10,882 crore in four PSU banks
Mon, Dec 31, 2018
The bank has received Rs 3,074 crore in the equity by way of preferential allotment on Monday, UCO Bank said in a regulatory filing. Besides, Bank of Maharashtra got Rs 4,498 crore, Syndicate Bank Rs 1,632 crore and Central Bank of India Rs 1,678 crore.
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