According to a recent press report Mr. R. Chandrasekharan has assumed to take charge as Executive Director of UCO bank. He has a vast experience in the banking sector. Mr. R. Chandrasekharan joined as the Probationary officer in the IOB Bank on October 11, 1976. Later he has worked as a Manager in the rural… Read More »
A recent press report said that Public sector lender UCO Bank has announced the appointment of Mr. R Chandrasekharan as the new executive director for the bank. Mr. R Chandrasekharan has a banking experience of about 35 years; he has worked across different segments of banking operations. He started his career as probationary officer of… Read More »
A recent press report said that UCO bank has planned to more than double its total business to Rs 6 lakh crore by FY16 through customer acquisition and network expansion. Mr.R.K. Agrawal, its field General Manager of the bank said that the bank’s total business stands at Rs 2.45 lakh crore and that the bank wants… Read More »
A recent press report said that UCO bank has planned to more than double its total business to Rs 6 lakh crore by FY16 through customer acquisition and network expansion. Mr.R.K. Agrawal, its field General Manager of the bank said that the bank’s total business stands at Rs 2.45 lakh crore and that the bank wants… Read More »
A recent press report said that UCO Bank plans to increase its business by Rs 1 lakh crore to Rs 3.5 lakh crore by March 2013 by getting existing branches to do more business and by increasing its number of branches. The bank currently has 2,239 branches, and it has planned to increase it by… Read More »
A recent press report said that Uco bank has reported 40.52 per cent decline in its net profit over the same period a year ago. Experts said that a flat operating profit in the last quarter of 2010-11 along with high provisioning for bad loans has brought down the net profit of the bank, for… Read More »
According to recent press reports UCO Bank is expected to exceed its target of Rs 2.45-lakh crore business set in 2010-11. The bank officials said that the bank is expecting its credit to grow by 20 per cent and deposits by 18 per cent. Mr.Ajai Kumar, Executive Director of UCO Bank said that the bank… Read More »
The UCO Bank is expecting to raise Rs 900-950 crore from follow-on-public offer after a rousing comeback in the stock market. The revival of the stock market has encouraged UCO bank authorities to revise estimates of premium for the issue from Rs 50 to over Rs 60 a share.
Kolkata-based UCO Bank has reported a 38.40 per cent rise in net profit to Rs 207.72 crore for the second quarter compared to Rs 150.09 crore in the same period last year.