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Articles for Uco

Two small-cap PSU banks set for a leap?
1 week, 6 days ago

Two small-cap PSU banks set for a leap?

Live Mint  

The Indian stock market has seen remarkable movements in recent years, with public sector undertaking banks emerging as a standout sector. Within this space, small-cap PSU banks like UCO Bank and Central Bank of India are showing significant potential and positioning themselves as future leaders. This scenario would likely benefit smaller PSU banks like UCO Bank and Central Bank of …

India Central Bank Bank Technical Index Stock Central
Central Bank of India to Punjab & Sind Bank: Experts recommend these PSU bank shares to buy on OFS buzz
1 month ago

Central Bank of India to Punjab & Sind Bank: Experts recommend these PSU bank shares to buy on OFS buzz

Live Mint  

Shares of PSU banks, Central Bank of India, Indian Overseas Bank, UCO Bank, and Punjab and Sind Bank, rallied more than 4% on Tuesday amid report of government considering selling minority stakes in these companies. Indian Overseas Bank share price jumped as much as 4.4%, while Central Bank of India shares, UCO Bank stock price and Punjab and Sind Bank …

Central Reuters Sind Bank Psu Ofs Punjab And Sind Bank Uco Bank
UCO Bank Apprentice Recruitment 2024: Registration ends today for 544 posts, check link here
5 months, 1 week ago

UCO Bank Apprentice Recruitment 2024: Registration ends today for 544 posts, check link here

Hindustan Times  

UCO Bank will close the registration process for Apprentice posts today, July 16, 2024. UCO Bank Apprentice Recruitment 2024: Registration ends today for 544 posts The eligibility criteria includes that candidates should have graduation degree from recognized University/ Institutes approved by Govt. UCO Bank Apprentice Recruitment 2024: How to apply To apply online, candidates can follow the steps given below. …

Candidates Bank 2024 Apprentice Details Posts 544 Posts
UCO Bank Apprentice Recruitment 2024: Apply for 544 posts at nats.education.gov.in, link here
5 months, 2 weeks ago

UCO Bank Apprentice Recruitment 2024: Apply for 544 posts at nats.education.gov.in, link here

Hindustan Times  

UCO Bank has invited applications for Apprentice posts. Eligible candidates can apply online through the official website of UCO Bank at ucobank.com. UCO Bank Apprentice Recruitment 2024: Apply for 544 posts, direct link here Read below for eligibility, selection process and other details. Important dates Opening date of application: July 2, 2024 Closing date of application: July 16, 2024 Eligibility …

Candidates Bank Selection Process 2024 Date Apprentice 544 Posts
Fake bank manager dupes MRISMC of ₹54 crore
6 months, 1 week ago

Fake bank manager dupes MRISMC of ₹54 crore

Hindustan Times  

Navi Mumbai: A man who posed as a UCO bank manager from Panvel duped the Metropolitan Region Iron and Steel Market Committee of ₹54 crore. The accused, who identified himself as Suman Sharma, has been duping the company for two years after suggesting they put money in fixed deposits with nationalised banks for ‘better returns’ HT Image “Since 2022, the …

Bank Committee Panvel Uco Bank Suman Sharma Manager Dupes
Supreme Court Monthly Digest April 2024
6 months, 3 weeks ago

Supreme Court Monthly Digest April 2024

Live Law  

Citations 2024 LiveLaw 269 to 2024 LiveLaw 339 Abuse of Process of Law Abuse of process of law – Collusion between parties in tender process – Held, respondent no. Shivani Tyagi v. State of U.P., 2024 LiveLaw 333 Section 439 and National Investigation Agency Act, 2008; Section 21 – Jurisdiction of High Court to entertain Bail application – The jurisdiction …

India Climate Change Karnataka Supreme Court High Court Constitution Judges
Q4 results today: UCO Bank, Tata Chemicals, UltraTech among 35 companies to report earnings. Full list here
7 months, 3 weeks ago

Q4 results today: UCO Bank, Tata Chemicals, UltraTech among 35 companies to report earnings. Full list here

Hindustan Times  

The results season is still very much on and a huge number of companies are all set to post their Q4 results today. Among them are Birlasoft, KFinTechnologies, Can Fin Homes, UCO Bank, Tata Chemicals, KPIT Technologies, UltraTech Cement, Trent, Poonawalla Fincorp, Gillette India, PNB Housing Finance, Vesuvius India, Shoppers Stop and others. Financial results for the fourth quarter of …

Finance India Results Yoy Trent Cement Pnb Housing Finance
South Kolkata District Commission Holds UCO Bank Liable For Failure To Utilize CBS Facility To Transfer Matured FD Amount
8 months ago

South Kolkata District Commission Holds UCO Bank Liable For Failure To Utilize CBS Facility To Transfer Matured FD Amount

Live Law  

The District Consumer Dispute Redressal Commission-III, South Kolkata bench comprising Mrs. Monihar Begum and Mr. Manish Deb held UCO Bank liable for deficiency in service for failure to utilize the Core Banking Solution facility to credit the matured fixed deposit amount in the Complainant's savings account. In response, the Bank denied all allegations and contended that it had repeatedly requested …

Bank Held Commission Complainant Rbi District Cbs
Service Provided For Period Of Three Months And Above Shall Be Treated As One Half Year For The Purpose Of Calculating Total Service Period: Himachal Pradesh High Court
8 months, 2 weeks ago

Service Provided For Period Of Three Months And Above Shall Be Treated As One Half Year For The Purpose Of Calculating Total Service Period: Himachal Pradesh High Court

Live Law  

A division bench of the Himachal Pradesh High Court comprising of Hon'ble Mr. Justice M.S. vs Chaman Singh, has held that service provided by an employee for the period of three months and above shall be treated as one half year for the purpose of calculating total service period. The appellant contended that the proviso to Rule 18 takes away …

Court Pension Service Three Months Held Respondent Period
CBI court hands jail terms to five bank employees in fraud cases
8 months, 3 weeks ago

CBI court hands jail terms to five bank employees in fraud cases

Hindustan Times  

LUCKNOW: The Central Bureau of Investigation, Lucknow court sentenced seven people to rigorous imprisonment of three to seven years and imposed fines of ₹8.3 lakh in two separate cases of bank fraud worth ₹24.28 crore, said a senior CBI official. For representation In a press note shared with the media, CBI officials informed that the special judge, CBI cases, Lucknow, …

Lucknow Kanpur Sentenced Bank Employees Rigorous Imprisonment Uco Bank Cbi Cases
CBI raids 65 locations in ₹820-crore UCO Bank 'fraud case'
9 months, 2 weeks ago

CBI raids 65 locations in ₹820-crore UCO Bank 'fraud case'

Hindustan Times  

The The Central Bureau of Investigation said on Thursday it has uncovered a massive fraud worth ₹820 crore involving unauthorised transactions into accounts at UCO Bank, adding that it had carried out raids at 67 locations in seven cities in Rajasthan and Maharashtra. The agency identified two engineers --- Avishek Srivastava and Supriya Mallick of LCode Technologies --- for having …

Bank Cbi Agency Accounts Fraud Case Uco Uco Bank
CBI raids over 67 locations in connection with Rs 820-crore suspicious IMPS transactions in UCO Bank
9 months, 2 weeks ago

CBI raids over 67 locations in connection with Rs 820-crore suspicious IMPS transactions in UCO Bank

India TV News  

The Central Bureau of Investigation is conducting searches at over 67 locations in connection with Rs 820-crore IMPS scam in the UCO Bank, officials informed on Thursday. It was alleged that between 10.11.2023 to 13.11.2023, IMPS inward transactions initiated from around 14,600 account holders of seven private banks were wrongfully posted in the accounts of over 41,000 UCO Bank account …

Rajasthan Bank Cbi Uco Uco Bank Imps
Top Gainers and Losers today on 5 March, 2024: Tata Motors, Bharti Airtel, Bajaj Finserve, Bajaj Finance among most active stocks; Check full list here
9 months, 2 weeks ago

Top Gainers and Losers today on 5 March, 2024: Tata Motors, Bharti Airtel, Bajaj Finserve, Bajaj Finance among most active stocks; Check full list here

Live Mint  

The Nifty index closed at 22405.6, down by 0.22% for the day. Additionally, small cap stocks also underperformed, as the Nifty Small Cap 100 ended at 16087.25, down by 199.15 points and 1.24% lower. The Nifty 50 has shown the following returns: - In the last 1 week: 0.7% - In the last 1 month: 2.67% - In the last …

India Nifty Bajaj Bharti Airtel Infosys Tata Motors Nestle India
UCO Bank Eligible For Cenvat Credit Of Service Tax Paid On Telephone Bills In Respect Of Telephones Installed At Employees' Residence: CESTAT
10 months, 1 week ago

UCO Bank Eligible For Cenvat Credit Of Service Tax Paid On Telephone Bills In Respect Of Telephones Installed At Employees' Residence: CESTAT

Live Law  

The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal has held that UCO Bank is eligible for the Cenvat Credit of service tax paid on telephone bills in respect of the telephones installed at the residence of employees.The bench of Ashok Jindal and K. Anpazhakan has observed that the telephone has been installed to the residence. The Kolkata …

Tax Services Credit Bank Service Telephones Tribunal
FinMin revises letter, scotches PSU bank merger speculation
1 year ago

FinMin revises letter, scotches PSU bank merger speculation

Live Mint  

The Union finance ministry has rectified the agenda of a parliamentary committee meeting scheduled for early next year, putting an end to speculation of a potential merger of public sector banks—UCO Bank with Union Bank of India, and Bank of India with Bank of Maharashtra. In a letter addressed to, among others, the bank chiefs of the four PSU banks …

India Bank Union Banks Merger Letter Union Bank
Responsibility, Credibility On Bank Employees Is On Higher Side: Allahabad HC Upholds Dismissal In Money Laundering Case
1 year ago

Responsibility, Credibility On Bank Employees Is On Higher Side: Allahabad HC Upholds Dismissal In Money Laundering Case

Live Law  

Recently, the Allahabad High Court held that the responsibilities of a Bank employee and his credibility and integrity are on a higher footing than others. While upholding the dismissal of Head Chasier, UCO Bank in the case of fraudulent transaction, bench comprising of Justice Attau Rahman Masoodi and Justice Om Prakash Shukla observed that “in the matters of banking, the …

Court Dismissal Punishment Bank Case Service Held
CBI swings into action over IMPS transactions in UCO Bank, files FIR and searches 13 locations across country
1 year ago

CBI swings into action over IMPS transactions in UCO Bank, files FIR and searches 13 locations across country

India TV News  

The Central Bureau of Investigation has registered an FIR in connection with Rs 820 crore worth of suspicious Immediate Payment Service transactions in UCO Bank in November this year and searched 13 locations across multiple cities in the country. "It was alleged that between 10th November 2023 and 13th November 2023, IMPS inward transactions originating from 14000 account holders across …

Bank Cbi Fir Uco Uco Bank Imps 820 Crore
Finance Ministry asks PSU banks to take measures to strengthen cybersecurity
1 year, 1 month ago

Finance Ministry asks PSU banks to take measures to strengthen cybersecurity

India TV News  

New Delhi: The Finance Ministry has asked state-owned banks to review systems and processes related to their digital operation in view of the recent UCO Bank incident. The Finance Ministry and RBI have been sensitising banks on this aspect at regular intervals amid the growing digitisation in the financial sector. Last week, Kolkata-based public sector lender UCO Bank reported erroneous …

Bank Banks Finance Ministry Uco Bank Imps
UCO Bank says ₹820 crore erroneously credited to account holders, ₹649 crore recovered
1 year, 1 month ago

UCO Bank says ₹820 crore erroneously credited to account holders, ₹649 crore recovered

Live Mint  

UCO Bank on Thursday said it has recovered ₹649 crore or 79% of the ₹820 crore erroneously credited to some account holders of the bank via Immediate Payment Service. In a regulatory filing, the bank said that by taking various proactive steps, it blocked the recipients' accounts and has been able to recover ₹649 crore out of ₹820 crore. “It …

Bank Account Uco Bank Imps Holders 649 Crore Erroneously
Supreme Court Monthly Round-Up [October 2023]
1 year, 1 month ago

Supreme Court Monthly Round-Up [October 2023]

Live Law  

Nominal Index Pankaj Bansal v. Union of India, Basant Bansal v. Union of India 2023 LiveLaw 844 Aditya Khaitan & Ors. GEETHA, D/O LATE KRISHNA v. NANJUNDASWAMY 2023 LiveLaw 940 Anjali Bhardwaj & Ors v. Union of India 2023 LiveLaw 942 Manish Sisodia v. Central Bureau of Investigation 2023 LiveLaw 944 Judgments/Orders Mere Non-Cooperation To ED Summons Not A Ground …

India Rajasthan Justice Tamil Nadu Family Planning Delhi Disciplinary Proceedings
United Commercial Bank Officers' Regulations | Disciplinary Proceedings Begin Only After Service of Chargesheet : Supreme Court
1 year, 2 months ago

United Commercial Bank Officers' Regulations | Disciplinary Proceedings Begin Only After Service of Chargesheet : Supreme Court

Live Law  

The Supreme Court recently held that disciplinary proceedings are considered to begin only after the service of a chargesheet and not show cause notice as per the United Commercial Bank Officer, Employees Regulations 1976. The pendency of a preliminary disciplinary inquiry by itself cannot be a ground for invoking Regulation 20 of the 1979 Regulations On an employee having been …

Disciplinary Proceedings Appeal Court Regulations Disciplinary Bank Case
Calcutta High Court Monthly Digest: September 2023
1 year, 2 months ago

Calcutta High Court Monthly Digest: September 2023

Live Law  

NOMINAL INDEX Sarat Chatterjee and Co. Fishing & Roving Inquiry’ On Plausible Defence Not Acceptable At Revisional Stage: Calcutta HC Refuses To Quash Abetment Of Suicide Case Case: Rajiv Kumar Sing alias Chotu Sing v The State of West Bengal Citation: 2023 LiveLaw 265 The Calcutta High Court has refused to quash criminal proceedings against the petitioner, who along with …

India Justice High Court Death Penalty Constitution High Courts Compassionate Appointment
Calcutta High Court Weekly Round-Up: September 25 To October 1, 2023
1 year, 2 months ago

Calcutta High Court Weekly Round-Up: September 25 To October 1, 2023

Live Law  

NOMINAL INDEX Suman Dutta And Ors Vs State Of West Bengal And Ors. 2023 LiveLaw 303 Calcutta High Court Refuses To Entertain PIL Seeking Permission To Organise 'Durga Puja', Asks Petitioner To Approach Appropriate Authority Case: Suman Dutta And Ors Vs State Of West Bengal And Ors. “At This Age, They Can’t Be Sent To Civil Court”: Calcutta High Court …

High Court Compassionate Appointment West Bengal Bank Volleyball West Tribunal
Sensex sheds 200 pts, Nifty closes below 18,500; Coal India, Kotak, Airtel lag
1 year, 6 months ago

Sensex sheds 200 pts, Nifty closes below 18,500; Coal India, Kotak, Airtel lag

Live Mint  

Markets chose caution and decided to book profits amidst mixed global cues despite strong economic data in which the country's GDP grew at 7.2% in FY23, beating the 7% official forecast. Auto giant, Mahindra & Mahindra share price rallied by at least 1.5% on BSE during Thursday's trading session as the company recorded double-digit growth in May month passenger vehicles …

India China Indian Coal Sales Share Price Company