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Uco Bank And Indian Overseas Bank

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Loan default case: CBI registers fresh case against Mallya

 The Central Bureau of Investigation has registered a fresh case against beleaguered liquor baron Vijay Mallya for allegedly cheating a consortium of nationalised banks to the tune of Rs 6,027 crore......

PSBs clocked 11% growth in H1FY25

 The Union Finance Ministry on Tuesday said that aggregate business of public sector banks (PSBs) has shown strong growth of 11 per cent in the first half of the financial year 2024-25 (H1FY25) to......

'Focus Is To Maintain The Casa Ratio'

 'It has remained around 38 per cent over the past four to five quarters.' Photograph: Kind courtesy Facebook UCO Bank is planning to raise up to Rs 2,000 crore through qualified institutional......

13 candidates in fray for PNB top job

 At least 13 candidates are in the race for the position of managing director and chief executive officer (MD & CEO) of Punjab National Bank (PNB), the second-largest public sector bank (PSB),......

Public sector banks may take QIP route to meet shareholding norm

 Public-sector lenders Indian Overseas Bank (IOB) and Uco Bank are likely to raise funds through qualified institutional placement (QIP) next month. Illustration: Dominic Xavier/Rediff.com Punjab......

MPS: FinMin may extend August deadline for PSBs, insurers

 The finance ministry is in favour of extending the August deadline for public sector banks (PSBs) as well as insurance companies to increase their minimum public shareholding (MPS) to the mandated......

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