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NewsDrum - Other - News Image
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OtherJul 03, 2025 04:23 PM

UCO Bank's total business jumps 13pc to Rs 5.24 lakh cr in Q1FY26

Kolkata, Jul 3 (PTI) UCO Bank on Thursday reported a 13.67 per cent year-on-year growth in its total business, which rose to Rs 5.24 lakh crore for the quarter ended June 30, 2025, compared to Rs 4.61 lakh crore in the corresponding quarter last year. According to provisional figures disclosed to bourses, total advances stood at Rs 2.25 lakh crore, registering a 16.58 per cent year-on-year increase, while total deposits rose 11.57 per cent to Rs 2.99 lakh crore during the same period. Domestic ...Read More >

Hindustan Times - Other Politics Business - News Image
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OtherPoliticsBusinessJul 01, 2025 06:58 AM

India News | Telangana Governor Jishnu Dev Varma Expresses Grief over Sangareddy Fire Victims | Late...

Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >

Economic Times - Business - News Image
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BusinessJul 01, 2025 06:32 AM

PSU Bank Index up 2.5% on FinMin call for monetisation

Mumbai: The Nifty PSU Bank Index jumped more than 2.5% Monday after the finance ministry urged these lenders to offer more credit and monetise subsidiaries through IPOs and stake sales. They bucked the declines in the rest of the banking space. The Nifty PSU Bank Index gained 2.7%, while the Bank Nifty and benchmark Nifty lost 0.2% and 0.5%, respectively. All 12 stocks in the PSU Bank index closed higher. Bank of Maharashtra soared 5.3% while Punjab National Bank and Bank of Baroda rallied 3.9 ...Read More >

Social News XYZ - Business - News Image
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BusinessJun 30, 2025 04:36 PM

Sensex, Nifty end lower after rising for 4 straight sessions

Mumbai, June 30 (SocialNews.XYZ) After rising for four straight sessions, the Indian stock markets took a breather on Monday as investors booked profits amid the absence of strong domestic cues. The Sensex dropped 452 points, or 0.54 per cent, to close at 83,606.46. During the day, it moved between an intra-day high of 84,099.53 and a low of 83,482.13. Nifty also followed suit. The 50-share index opened at 25,661.65, touched a high of 25,669.35, and closed at 25,517.05, down by 120.75 points o ...Read More >

Economic Times - Business - News Image
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BusinessJun 09, 2025 12:33 AM

Banks begin slashing lending rates after RBI's rate cut; home, small business loans to get cheaper

Mumbai: Banks have started to reduce lending rates, passing the benefit of the Reserve Bank of India's reduction of repo rate. This is expected to benefit home loan borrowers as well as small businesses, as most of these loans are linked to external benchmarks like the RBI's repo rate. Bank of Baroda and Punjab National Bank reduced repo-linked lending rate by 50 basis points each. Bank of Baroda's revised repo-linked lending rate (RLLR) now stands at 8.15% compared to 8.65%, while PNB's RLLR ...Read More >

Social News XYZ - Business - News Image
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BusinessJun 08, 2025 02:30 PM

PNB, Bank of India, UCO Bank slash lending rates after RBI repo cut

Mumbai, June 8 (SocialNews.XYZ) Several major banks, including Punjab National Bank (PNB), Bank of India and UCO Bank, have slashed their lending rates following the Reserve Bank of India's (RBI) recent decision to cut the repo rate by 50 basis points. The rate cut is part of the RBI's strategy to stimulate economic growth by making borrowing more affordable for both consumers and businesses. Punjab National Bank was among the first to pass on the benefit, lowering its repo-linked lending rate ...Read More >

Mangalorean.com - Business - News Image
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BusinessFeb 05, 2025 10:40 PM

Vijay Mallya moves Karnataka HC seeking loan recovery details, banks issued notice - Mangalorean.com

Bengaluru: Fugitive liquor baron Vijay Mallya approached the Karnataka High Court on Wednesday seeking direction to banks to provide details of the total amount recovered against loans obtained by him, United Breweries Holdings Limited (UBHL, now in liquidation). Considering the plea, the High Court has issued notices to concerned banks in this regard. The bench headed by Justice R. Devadas passed the order issuing notices to banks, and recovery officers and adjourned the matter till February ...Read More >

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