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UCO Bank seeks Rs 1,000 crore capital infusion from govt

Last Updated: Saturday, June 21, 2014, 21:49

The bank expects credit and deposit growth of 15-16 percent in 2014-15.

UCO Bank Q4 Net rises six-fold to Rs 285 crore

Last Updated: Wednesday, May 21, 2014, 18:50

State-run UCO Bank on Wednesday reported a six-fold jump in net profit at Rs 285 crore for the fourth quarter of the financial year 2013-14.

UCO Bank hopes to reduce NPAs further

Last Updated: Thursday, March 20, 2014, 20:42

State-owned UCO Bank was expecting to reduce NPAs further in the coming quarters from the present levels, CMD of the bank Arun Kaul said.

UCO Bank for Re payment deal with Sudan, Syria for oil imports

Last Updated: Monday, February 10, 2014, 21:07

"Syria and Sudan, both the countries are affected by sanctions by the US and UN. Both countries have some oil exports. We have asked the government that if India wants to import oil from these countries, we can have similar arrangement with them as well, as we have with Iran," Kaul said on the sidelines of International Management Institute (IMI) event.

International Cars, UCO Bank join hands for vehicle finance

Last Updated: Monday, November 25, 2013, 20:08

Besides, the UCO Bank will fund all upcoming models and variants of ICML which are expected to roll out in the current fiscal, International Cars & Motors Ltd (ICML) said in a statement.

UCO Bank Q1 net up 41% at Rs 511 cr

Last Updated: Friday, July 19, 2013, 18:34

State-owned UCO Bank Friday reported 41 percent growth in net profit at Rs 511.11 crore for the first quarter ended June 30, 2013.

UCO Bank Q4 net slides 80%

Last Updated: Tuesday, May 07, 2013, 23:03

Public sector lender UCO Bank Tuesday registered 80.40 percent slide in its net profit to Rs.59.55 crore for the quarter ended March 31, 2013 from Rs.252.84 crore during the same period in the previous year.

UCO Bank Oct-Dec net profit dips 69% at Rs 102 crore

Last Updated: Tuesday, February 05, 2013, 15:52

State-owned UCO Bank on Tuesday reported 69.2 percent slump in net profit at Rs 102.47 crore for the quarter ended December 31, 2012 on account of rising bad loans.

UCO Bank to get Rs 681 crore from govt by March

Last Updated: Wednesday, January 23, 2013, 20:52

UCO Bank on Wednesday announced it will get Rs 681 crore as part of the government's capital infusion plan for the current fiscal.

Extra provisioning for restructured a/cs not a concern: UCO Bk

Last Updated: Sunday, January 06, 2013, 13:09

During the second quarter monetary policy review, the Reserve Bank had raised the provision for restructured standard accounts from 2 percent to 2.75 percent.

UCO Bank seeks Rs 800 crore from Centre

Last Updated: Saturday, January 05, 2013, 15:57

Kolkata-based UCO Bank has sought Rs 800 crore capital from Centre to prevent capital adequacy ratio going below eight percent.

UCO Bank net down 55% at Rs 103.7 crore in Sept quarter

Last Updated: Wednesday, November 07, 2012, 15:58

UCO Bank on Wednesday said its net profit for the second quarter ended September 30, 2012 fell by 55 percent year-on-year to Rs 103.71 crore.