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......

Why Don't These Banks Have A Chairman?

UCO Bank, Bank of Maharashtra, Bank of India, Indian Overseas Bank, Indian Bank, and Central Bank of India don't have a non-executive chairman. IMAGE: Kindly note the image has been posted only......

UCO Bank Q3 net up at Rs 134 crore

UCO Bank on Thursday reported a marginal increase in October-December quarter net profit at Rs 134 crore (Rs 1.34 billion) and also announced to raise Rs 200-400 crore (Rs 2-4 billion) via Tier-II......

Expect a rate hike of 25 basis points: UCO Bank

Amid mounting concerns about the sustained high inflation, the Reserve Bank of India is expected to hike the key rates by 25 basis points at its first quarterly review of monetary policy to be held......