UCO Bank

Public sector banks report record Rs 52,603 crore profit in Q3, an 18% YoY growth. SBI leads with 40% contribution. Details inside.

PSU bank stocks decline sharply after the Budget announcement. Bank of India, Indian Bank, and others see significant drops.

UCO Bank seeks SEBI extension for share dilution. Evaluating QIP, OFS for fund-raising. Reports Q3 profit, improved asset quality.

UCO Bank reports a 16% increase in net profit to Rs 740 crore in Q3, driven by core income and a decline in bad loans (NPAs).

UCO Bank reports a 15.76% rise in net profit to Rs 739.51 crore for the December quarter. Gross NPAs decline to 2.41%.

HDFC Bank fires 3 senior officials for client onboarding gaps at its Dubai International Financial Centre (DIFC) branch.

Network Planning Group under PM Gati Shakti evaluates infrastructure projects, focusing on multimodal connectivity and logistics efficiency.

Raymond Group Chairman Gautam Singhania injured in a speedboat accident in the Maldives. Recovering in Mumbai. Search for missing Indians underway.

JP Morgan Chase settles FPI rule violation case with Sebi after paying Rs 34.42 lakh. The case involved FPI regulations violations.

Government amends guidelines for interest subvention on export credit. NPA classification impacts eligibility. Scheme applies to credit disbursed after Jan 2.

HDFC Bank fires 3 senior officials for client onboarding gaps at its Dubai International Financial Centre (DIFC) branch.

Air India, IndiGo, SpiceJet object to the government's free seat selection rule, citing fare hikes and revenue loss. FIA urges withdrawal.

Network Planning Group under PM Gati Shakti evaluates infrastructure projects, focusing on multimodal connectivity and logistics efficiency.

Raymond Group Chairman Gautam Singhania injured in a speedboat accident in the Maldives. Recovering in Mumbai. Search for missing Indians underway.

JP Morgan Chase settles FPI rule violation case with Sebi after paying Rs 34.42 lakh. The case involved FPI regulations violations.