uco bank

Future Retail’s interim resolution professional has admitted Rs 17,511 crore claims from 28 financial creditors, including overseas bondholders, banks and domestic bondholders, according to a disclosure on the company website on Monday.…

More than 15 Russian banks are in advanced talks with Indian lenders to facilitate bilateral business in their respective local currencies, bypassing the established trade mechanism tied to the US dollar, and are working on building a…

NEW DELHI: Central Bank of India, the only public sector lender under the RBI's prompt corrective action (PCA) framework, may see an exit from restrictions soon following an improvement in its financial health. The bank has already made…

The National Asset Reconstruction Co Ltd (NARCL) has evinced interest in the loan accounts of Srei group companies, which are undergoing corporate insolvency resolution process, a top official of a state-owned bank said. The development…

Lenders to the defaulted Srei Group companies -- and Srei Equipment Finance -- are considering selling the sticky loan assets to the asset reconstruction companies to fasttrack recovery as they do not expect any quick resolution of the…

State-owned managed to report an 11% rise in June quarter net profit at Rs 224 crore against Rs 102 crore in the year ago period on account of sharp fall in provisions while its total income slipped due to treasury losses. The bank…

The presence of open network for digital commerce, a Unified Payments Interface-type protocol, will be gradually expanded to more cities after the successful launch of its pilot phase, Union Minister Piyush Goyal has said. Open network…

Nifty futures on the Singapore Exchange traded 41 points, or 0.26 per cent higher at 16,101, signaling that Dalal Street was headed for a positive start on Wednesday. Here are a dozen stocks which may buzz the most in today's trade:…

The Reserve Bank of India's move to put in place a mechanism to settle international trade in rupees will boost tea and basmati rice exports to Russia and Iran, where they had been facing problems over payment. Russia and Iran are major…

State-owned has received shareholders' approval to raise equity capital by way of issuing up to 100 crore shares. The bank would raise equity capital at appropriate time in the current fiscal to support growth, according to a regulatory…