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Total income of the bank also came down to Rs 3,585.56 crore during October-December period of 2018-19, as against Rs 3,721.93 crore in same quarter of 2017-18, the bank said in a regulatory filing. (Photo: Facebook)

UCO Bank Q3 net loss at Rs 998 cr as bad loans balloon

UCO bank had posted a net loss of Rs 1,016.43 crore in the same quarter of the previous fiscal.

8 Feb 2019 3:23 PM IST

The Mahavitaran company has offered to waive the fine and interest on the electricity charges under the scheme. (Representational image)

Rs 3 trillion investment in pvt power plants at risk of turning into...

Uttar Pradesh has the most outstanding dues of Rs 6,497 crore, followed by Maharashtra at Rs 6,179 crore.

24 March 2019 3:05 PM IST

The share price of SBI slumped 3.79 per cent to close at Rs 304.45 as the quarterly numbers were below what the market participants had anticipated.

SBI to auction Rs 2,338 cr worth NPAs on March 26

SBI said except Mittal Corp and Shree Vaishnav, other auctions will be conducted under the Swiss Challenge method on...

12 March 2019 5:09 PM IST

Railway Minister Piyush Goyal addressing a press conference in Bengaluru on Friday. (Photo: ANI)

Law can't be 'blind', shouldn't treat every default as NPA: Goyal to...

Sections of the industry have moved Supreme Court for special treatment to power sector when it comes to classification...

4 March 2019 12:39 PM IST

Defending the banks in this issue, a senior official, however, claimed that the quick mortality rate on Mudra loans has come down drastically after strict norms issued by the RBI and the ministry of finance.(Representational image)

Over Rs 2 lakh crorebad loans settled, says govt offical

Injeti Srinivas was speaking at the inaugural session of a three-day international conference on 'Insolvency and...

1 March 2019 4:14 PM IST

Union Minister Arun Jaitley. (Photo:ANI)

IBC brought back Rs 3 lakh crore into banking system: Jaitley

On the issue of non-performing assets (NPAs), he said the curve is going down.

1 March 2019 11:42 AM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank shares dive 30 per cent on Q4 loss

The bank reported a loss of Rs 1,506.64 crore for fourth quarter ended March 31, owing to rise in provisioning for bad...

30 April 2019 1:16 PM IST

Yes Bank last week had informed about raising Rs 4,906.65 crore (USD 750 million) in Qualified Institutions Placement mode.

Yes Bank posts loss of Rs 1,506 crore in March quarter

Despite the losses in the quarter, the bank board recommended a dividend of Rs 2 a share.

29 April 2019 12:37 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI's revised guidelines for resolution of stressed assets likely...

RBI is in very advanced stage and revised circular should be out before declaration of general elections result.

28 April 2019 2:59 PM IST

The rules of the new insolvency regulations to bring individual businesses under its purview are likely to be in place soon. (Representational Image)

Stressed assets resolution: RBI mulls giving 60 days additional time...

Against backdrop of the Supreme Court quashing an RBI circular, a revised set of rules would be released soon.

25 April 2019 7:54 PM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

RBI asks banks to disclose IL&FS provisions in Q4 accounts

RBI has asked banks to disclose the IL&FS and group entities exposure in the notes to accounts in a standard proforma.

25 April 2019 9:02 AM IST

Supreme Court of India (Photo: Asian Age)

Ban inclusion of loan waivers in poll manifestos: Petitioner seeks...

The petition has been listed for hearing on April 22 before a bench headed by Justice S A Bobde.

18 April 2019 1:44 PM IST