UCO BANK

  • 2 men rob UCO Bank in broad daylight, flee with Rs 50 lakh cash February 3, 2014

    In a daring broad daylight robbery, armed robbers on Monday looted Rs 50 lakh from the UCO Bank at Chhaurahi branch under Chhaurahi police outpost in Bihar's Begusarai district, a police officer said. Two robbers riding on a motorcycle intercepted the UCO Bank's van near its branch office and shot at...
  • New Delhi: Fire in UCO Bank branch inside SC June 17, 2012

    New Delhi: A fire broke out at a bank branch in the Supreme Court complex in New Delhi on Sunday afternoon, fire brigade officials said. The fire was reported from the UCO Bank office inside the Supreme Court complex in Central Delhi at around 4:25 pm. Six fire tenders were rushed...
  • Kingfisher account a nonperforming asset: Uco Bank February 23, 2012

    New Delhi: Kingfisher Airlines is still struggling for money for its day to day operations. After SBI, both Bank of India and UCO Bank say that they will not loan money to the airline. Both say no fresh money will be given until Kingfisher pays old dues. on Wednesday, SBI...
  • India to infuse 38 bln rupees into 3 banks February 11, 2009

    New Delhi: The government will infuse 38 billion rupees into three staterun banks by the end of March 2010, a minister said on Wednesday, helping their shares extend gains in a market that ended almost unchanged. Indian banks have been unable to raise fresh equity after the global financial crisis...
  • SBI contemplating further cut in lending rates: Bhatt February 2, 2009

    New Delhi: The country's top public sector lender, State Bank of India, on Monday said it is considering further reduction in lending rates. "There is thinking (on these lines)," SBI Chairman O P Bhatt said when asked if there is a possibility of reducing the benchmark prime lending rate (PLR) by...
  • Banks to cut home loan rates after stimulus packages December 11, 2008

    New Delhi: There is more good news for consumers after price cuts announced by car makers. Now banks have indicated that they are going to cut interest rates on home loans. Reports say UCO Bank is planning to reduce interest rate by three per cent for loans below Rs 5 lakh...
  • UCO Bank likely to cut home loan rate by 50 bps March 7, 2008

    New Delhi: After Finance Minister P Chidambaram urged banks to cut home loan rates, UCO Bank is the first one to respond to the FM's plea. The Bank is likely to cut rates by 50 basis points. The decision will be finalised when the bank reviews home loan rates on...