uco bank

 

UCO Bank tanks 18% after CBI books ex-CMD in Rs 621-cr fraud case

Apr 16 2018

Shares of UCO Bank plunged nearly 18 per cent in morning trade after the CBI booked Arun Kaul and others in connection with an alleged Rs 621-crore loan fraud.

UCO Bank tanks 18% after CBI books ex-CMD in Rs 621-cr fraud case

Apr 16 2018

Shares of the company today opened at Rs 20, then lost further ground and fell to their 52-week low of Rs 19.15.

CBI books former CMD of UCO Bank in Rs 621-cr fraud case

Apr 15 2018

The CBI has booked former UCO Bank CMD Arun Kaul and others for allegedly cheating the bank to the tune of Rs 621 crore, officials said today.

UCO taking steps to recover money in Rs 19 crore fraud

Apr 04 2018

The UCO Bank said that it is taking steps to recover the amount in a Rs 19 crore fraud detected by it at one of its branches in Bengaluru through Sarfesi Act.

PNB to honour claims by banks, but with conditions: ET

Mar 13 2018

PNB will honour claims by peer banks who issued credit to Nirav and Choksi against guarantees given by PNB, but the payments come with riders, ET reported.

SBI, UCO Bank look for buyers to clear-off Rs 1,245 cr NPA

Mar 11 2018

SBI and UCO Bank are looking for buyers to sell NPAs worth Rs 1,245 crore and have invited bids from ARCs, banks, NBFCs and FIs to clean their books of such dud assets.

Bank stocks continue to fall; many hit 52-week lows

Feb 19 2018

Shares of UCO Bank plunged 11.26 per cent, those of Union Bank of India - 10.94 per cent, Allahabad Bank - 10.77 per cent and Bank of Baroda - 9.28 per cent.

Lender UCO has $412 million exposure in PNB banking fraud case

Feb 18 2018

India’s state-run UCO Bank said it has $411.82 million in exposure to fraudulent transactions carried out at Punjab National Bank (PNB).

PNB Fraud: Officials of other banks under scanner

Feb 18 2018

As investigations into the Rs 11,400 cr scam at PNB, officials at overseas branches of other banks, where the fraudulently issued LoUs were encashed, are under scanner.

UCO Bank Q3 net loss widens to Rs 1,016 cr as bad loans spike

Feb 09 2018

UCO Bank widened its net loss to Rs 1,016.43 crore in the quarter ended Dec 2017 as gross bad loans ratio hit over 20%.

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Stocks In News

 

IDEA

Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues

AB Group To Sell Stake & Promoter Entities Of Co

In Talks With Large PE Funds

Deal Will Let AB Group Maintain Current Shareholding

PE Investors To Get Indirect Stake In Idea

Mint Reports

BAJAJ ELECTRICALS

Bags Orders For Rural-Urban Electrification Project

Project worth Rs 3577.93 Cr

Projects under Saubhagya Yojna

Projects to be completed within 15 months

FORTIS HEALTHCARE

Board Meeting On April 19 To Consider Various Bids Received

FEDERAL-MOGUL GOETZE

CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co

Offer Represents 25.02% Stake, With Price Of Rs 400/Sh

SOBHA

To make an investment of rs 500 cr in GIFT City

Will develop about 1,000 housing units in GIFT City

Residential footprint rises to 10 cities with investment

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