UCO Bank has set a recovery target of ₹2,700-3,000 crore for the current financial year, managing director (MD) and chief executive officer (CEO) Ashwani Kumar tells Harsh Kumar in an interview over ...

Subodh Kumar Goel was the Chairman and Managing Director of UCO Bank. He was arrested from his residence in Delhi on May 16, 2025, under the Prevention of Money Laundering Act (PMLA).

The arrest of former UCO Bank CMD Subodh Kumar Goel in an alleged loan fraud case is the latest in the list of bank honchos sent behind bars by central investigative agencies, officials said Tuesday.

UCO Bank MD & CEO Ashwani Kumar discusses credit growth, strong asset quality, and deposit boost plans. With improved NPAs, robust recoveries, and steady corporate demand, the bank eyes 12–14% ...

"For FY26, we have set a credit growth target of 12-14 per cent. This strategy ensures we optimise returns while capitalising on lending opportunities, maintaining a disciplined and sustainable growth ...

Kolkata, May 1 (PTI) Aiming at a disciplined and sustainable growth path, UCO Bank has set a credit growth target of 12-14 per cent for FY26, with continued focus on the retail, agriculture, and MSME ...

Kolkata: UCO Bank reported a year-on-year growth of around 24% in its net profit to ₹652.4 crore for the fourth quarter of the last financial year. This was supported by an over 30% year-on-year ...

The bank is aiming at a 12-14% credit growth and 10-12% growth in deposits for FY26. The bank will focus on all segments to achieve the target in credit growth, bank's MD & CEO Ashwani Kumar said.

The lender on Monday reported a nearly 24 per cent year-on-year jump in consolidated net profit to Rs 665.72 crore for the quarter ended March.Kumar said the bank has not received any “retail ...

Kolkata, Apr 28 (PTI) UCO Bank plans to issue up to 270 crore fresh equity shares in the 2025-26 fiscal to bring down the government’s stake to 75 per cent in compliance with SEBI’s minimum public ...

Its gross advances grew 17.7% year-on-year to Rs 2.20 lakh crore while deposits rose 11.6% to Rs.2.94 lakh crore. The bank has given a guidance of 12-14% advance growth and 10-12% deposits growth for ...