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UCO Bank

ED unearths benami properties, shell companies allegedly linked to former UCO Bank CMD SK Goel

ED unearths benami properties, shell companies allegedly linked t...

Thu, May 22, 2025

The ED has reportedly traced and attached properties worth Rs 75 crore in the Delhi NCR region. These properties were allegedly acquired through a network of shell companies operated by Goel’s close family members.

UCO Bank to raise Rs 2,000 crore via QIP this quarter

UCO Bank to raise Rs 2,000 crore via QIP this quarter

Tue, Jan 21, 2025

State-owned UCO Bank on Tuesday said the bank would mobilise Rs 2,000 crore through Qualified Institutional Placement (QIP) during the ongoing quarter to comply with Sebi's minimum public shareholding (MPS) norms.

RBI imposes penalties on UCO Bank and financial institutions for regulatory violations, KYC and compliance failures

RBI imposes penalties on UCO Bank and financial institutions for...

Thu, Sep 05, 2024

The Chennai-based RAR Fincare Limited was fined Rs 25,000 for failing to obtain the necessary prior permission from the RBI before making significant changes to its management structure. These penalties are part of the RBI’s ongoing efforts to enforce compliance, ensure better governance, and promote transparency across the financial system.

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Which stocks will be in focus today: Patanjali Foods, CDSL, UCO Bank & Carysil?

Which stocks will be in focus today: Patanjali Foods, CDSL, UCO B...

Tue, Jul 02, 2024

Which stocks will be in focus today: Patanjali Foods, CDSL, UCO Bank & Carysil? News shares and triggers. Know in Stocks In News.

Dividend stocks this week: HCL Tech, HDFC Bank, UCO Bank among stocks to trade ex-date

Dividend stocks this week: HCL Tech, HDFC Bank, UCO Bank among st...

Sun, May 05, 2024

Dividend stocks this week: UCO Bank has announced a dividend of Rs 0.28 per equity share and fixed May 10 as ex-date.

UCO Bank to infuse fresh capital in FY'25, Q4FY'24 standalone net down 9.5% to Rs 525 crore, declares dividend of Rs 0.28 per share

UCO Bank to infuse fresh capital in FY'25, Q4FY'24 stan...

Mon, Apr 29, 2024

Subject to shareholder approval, the lender will explore various methods like QIP (Qualified Institutional Placement), FPO (Follow-on Public Offer), etc, for issuing 400 crore equity shares of Rs 10 each, the bank informed bourses.

CBI conducts searches at 67 locations in Rajasthan, Maharashtra in UCO Bank IMPS scam

CBI conducts searches at 67 locations in Rajasthan, Maharashtra i...

Thu, Mar 07, 2024

"IMPS inward transactions initiated from around 14,600 account holders of seven private banks were wrongfully posted in the accounts of over 41,000 UCO Bank account holders. This resulted in Rs. 820 crore being credited to UCO Bank accounts without actual debiting from the originating banks," the CBI Spokesperson said.

UCO Bank Q3 results: Profit down 23% at Rs 503 crore

UCO Bank Q3 results: Profit down 23% at Rs 503 crore

Wed, Jan 24, 2024

Total income increased to Rs 6,413 crore from Rs 5,451 crore in the same period last year, UCO Bank said in a regulatory filing. Interest income also rose to Rs 5,552 crore over Rs 4,627 crore.

UCO Bank recovers 79% of wrongly credited amount after technical glitch

UCO Bank recovers 79% of wrongly credited amount after technical...

Thu, Nov 16, 2023

UCO Bank said the bank has retained or recovered Rs 649 crore or 79 per cent of the amount erroneously credited to some accounts of the bank via Immediate Payment Service (IMPS).

UCO Bank Q2 Results: Net profit dips over 20% to Rs 402 crore

UCO Bank Q2 Results: Net profit dips over 20% to Rs 402 crore

Fri, Nov 03, 2023

UCO Bank Q2 Results: State-run UCO Bank said its net profit for the second quarter of the current fiscal dipped by 20.39 per cent to Rs 402 crore as compared to Rs 505 crore in the year-ago period.

UCO Bank Q1 results: Net profit jumps 80% to Rs 223 crore

UCO Bank Q1 results: Net profit jumps 80% to Rs 223 crore

Fri, Jul 28, 2023

State-owned UCO Bank on Friday posted an 80 per cent jump in net profit to Rs 223 crore in the April-June quarter, mainly due to a decline in bad loans.

Q3 Results 2023: Uco Bank, Macrotech Developers and Strides Pharma declare December quarter results - HIGHLIGHTS

Q3 Results 2023: Uco Bank, Macrotech Developers and Strides Pharm...

Tue, Jan 24, 2023

Q3 Results 2023: Listed companies on the BSE and NSE continued to announce their quarterly earnings on Tuesday.

UCO Bank Q3 result: Profit more than doubles to Rs 653 crore

UCO Bank Q3 result: Profit more than doubles to Rs 653 crore

Tue, Jan 24, 2023

Total income increased to Rs 5,451 crore in the quarter from Rs 4,638 crore in the year-ago period, the bank said in a regulatory filing.

This PSU bank stock has jumped 142% in past 1 month, do you own?

This PSU bank stock has jumped 142% in past 1 month, do you own?

Fri, Dec 16, 2022

UCO Bank Share Price Target: Shares of State-owned lender UCO Bank, NSE: UCOBANK, settled 2.53 per cent higher at Rs 35.50 on NSE today, December 16.

Q4 Results 2022: Tech Mahindra, Welspun Enterprises and Uco Bank report jump in net profit; Escorts reports 28% dip in net

Q4 Results 2022: Tech Mahindra, Welspun Enterprises and Uco Bank...

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

Stocks in Focus on February 1: BPCL, Tata Motors, SCI, Easy Trip Planners, GAIL and many more

Stocks in Focus on February 1: BPCL, Tata Motors, SCI, Easy Trip...

Tue, Feb 01, 2022

Benchmark indices ended with strong gains on Monday, January 31, 2022, tracking positive global cues.

Zee Business Exclusive: Big relief after coming out of RBI’s PCA; business to improve significantly: UCO Bank MD & CEO

Zee Business Exclusive: Big relief after coming out of RBI’s PCA;...

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

UCO Bank logs multi-fold jump in Q2 profit at Rs 205 cr

UCO Bank logs multi-fold jump in Q2 profit at Rs 205 cr

Thu, Oct 28, 2021

UCO Bank has reported multi-fold jump in net profit at Rs 205.39 crore for the second quarter ended September 2021 as bad loans fell.

Tata Sons-Air India Deal: Bank of Baroda, PNB among 7 banks which have exposure to the airline

Tata Sons-Air India Deal: Bank of Baroda, PNB among 7 banks which...

Mon, Oct 11, 2021

Tata Sons bagged Air India in one of the important disinvestment stories last week on Friday.

Stocks in News – UCO Bank Shares up 11% on NSE after coming out of RBI PCAF – What should investors do now? Analyst suggests THIS

Stocks in News – UCO Bank Shares up 11% on NSE after coming out o...

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

UCO Bank share price spurts 16% intraday as RBI lifts state-owned bank from PCA restrictions

UCO Bank share price spurts 16% intraday as RBI lifts state-owned...

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.

Recapitalisation news brings cheer! Central Bank of India, Indian Overseas Bank, Bank of India and UCO Bank shares surge in today's trade

Recapitalisation news brings cheer! Central Bank of India, Indian...

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.

Breaking news with Anil Singhvi: These three top banks likely to come out of PCA

Breaking news with Anil Singhvi: These three top banks likely to...

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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