Separate discussions will also be held with the five public sector insurance companies over their functioning and the country's insurance laws, the official said citing a document.
The scheme is applicable on domestic retail term deposits including NRE/NRO rupee term deposits below Rs 2 crore.
UCO Bank has posted net profit of Rs.652.97 Crore for Q3FY23 as against Rs.310.39 Crore for Q3FY22 registering growth of…
UCO Bank has made net profit of Rs.504.52 cr during the quarter ended September 2022 as against net profit of Rs.205.39 cr in the quarter ended September 2021 registering a growth of 145.64%.
The total business of the bank has increased to Rs 35,6,677.47 crore as on June 30, 2022 from Rs 33,2,946.17 crore as on June 30, 2021 registering a growth of 7.13 percent.
Shares of UCO Bank on Thursday zoomed over 16 per cent after the Reserve Bank removed the company from its Prompt Corrective Action Framework
Operating Profit of the Bank for the quarter June 2021 stood at 1286.28 Crore as against 977.08 Crore for the quarter ended June 2020 registering a growth of 31.65%.
Bad loans ratio stood at 9.80 per cent of the gross loans in the quarter ended December 2020, as against 19.45 per cent in the year-ago period.
The lender said revised home loan interest rates start from 6.90 per cent.
The city-based bank did not mention any changes to the deposit rates.
