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The public sector lender UCO Bank has hiked its interest rates on savings accounts and fixed deposits of less than ₹ 2 Cr. The savings account interest rates are linked to the repo rate and ...
UCO Bank's deposits increased by 11.57% to Rs 2.99 lakh crore, despite rising only 1.7% over the March quarter.
With effect from April 10, UCO Bank offers 2.60% per annum on savings deposits linked with repo rate, up to ₹ 10 lakh. The interest rate is 2.75% on deposits more than ₹ 10 lakh, however, they ...
India’s state-run UCO Bank will soon open open a special rupee account with Russia’s Gazprombank to facilitate growing trade between the two countries, a top official said.