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UCO Bank - Company News

BSE   17 Aug 18 | 12:00 AM

19.25 0.1 (0.52%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 532505
Face Value: 10

NSE   17 Aug 18 | 12:00 AM

19.20 0.15 (0.79%)
Mkt Price (Rs)   Chg Rs (Chg %)
1 Week : Rs 19.05 (1.05%)
1 Month : Rs 17.85 (7.84%)
1 Year : Rs 30.90 (-37.70%)
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  • 12 Nov 16
    09:32 PM
    Household bank deposits from small towns and rural pockets exceeded expectations, even as banks struggled to replenish branches and ATMs (automated teller machine) with cash.
  • 30 Oct 16
    01:28 AM
    CRISIL has downgraded rating for UCO Bank's tier-II bonds from "AA-"to "A+" on significantly higher-than-expected deterioration in asset quality, which impacted the bank's profitability for quarter ended June.
  • 09 Aug 16
    06:52 PM
    UCO Bank today posted a net loss of Rs 440.56 crore for the first quarter of the present financial year, against a net profit of Rs 256.70 crore in the same quarter last year.
  • 06 Aug 16
    09:10 PM
    R K TakkarUCO Bank, grappling with significant rise in non-performing assets (NPAs), recently introduced the sustainable structuring of stressed assets (S4A) scheme.
  • 01 Aug 16
    02:40 PM
    UCO Bank has been grappling with significantly high NPAs for quite some time. The bank is expecting some high value accounts ,which have slipped into NPA, to recover through resolution and the recently introduced S4A scheme.
  • 29 Jul 16
    12:24 AM
    Recent government fund infusion of around Rs 1,033 crore in UCO Bank may not be enough for it to meet regulatory requirement, as it needs to raise an additional Rs 4,000 crore this financial year.
    12:23 AM
    The Reserve Bank of India (RBI) has imposed a penalty of Rs 1 crore on public sector lender UCO Bank for breaches, including flouting instructions about opening current accounts.
  • 24 May 16
    02:02 PM
    Having bitten the bullet on bad loans, India's state-owned banks now need to merge into half a dozen well-capitalised institutions that can underwrite economic growth, the official overseeing the sector's overhaul said.
  • 21 May 16
    11:03 PM
    A former UCO Bank employee, eight exporters and Reserve Bank of India (RBI) officials are under the scanner of the Central Bureau of Investigations (CBI) for alleged misuse of up to $3.2 billion in export advances paid by the bank against "bogus
  • 14 May 16
    12:30 AM
    Weighed down by stressed assets and provisions, the bottom line of six public sector banks came under pressure in the fourth quarter (Q4) of FY16. Five of them, including Bank of Baroda (BoB), posted a net loss while Union Bank of India reported a fall in
  • 13 May 16
    02:04 PM
    Publicc sector lender UCO Bank today posted a net loss of about Rs 1,715.16 crore for the quarter ended 31 March 2016, against a net profit of Rs 209.28 crore in the same period last year.
  • 13 Feb 16
    10:39 PM
    UCO Bank on Saturday reported a net loss of Rs 1,497 crore in the October-December quarter of FY16 against a net profit Rs 303.59 crore in the corresponding quarter last year.
  • 07 Nov 15
    05:44 PM
    Public sector lender UCO Bank today reported nearly 50 per cent rise in net profit, from Rs 104 crore in the quarter ended September 2014 to Rs 156 crore in the quarter ended September 2015, mainly on account of low provisioning and better treasury gains.
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