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Government plans minority stake sale in 4 PSU banks, source says

The Central government is considering selling minority stakes in four state-run banks to comply with public shareholding norms mandated by

State-run lender UCO Bank on Saturday reported around 50 per cent year-on-year growth in its net profit to ₹602.74 crore

State-run UCO Bank has recovered more than 90 per cent of the “erroneous credits” which certain account holders of the

RBI, Reserve Bank of India | (Photo: Shutterstock) 1 min read Last Updated : Aug 30 2024 | 6:49 PM

State Bank of India (SBI) has upped its Marginal Cost of Funds-based Lending Rate (MCLR) across all tenors by 10

In a reflection of the rising cost of deposits amid challenges for mobilising resources and ongoing transmission of the cumulative

Kolkata State-run lender UCO Bank on Monday reported around 2.5-fold year-on-year jump in its net profit to ₹550.96 crore for

Public sector banks seem to have started FY25 on a strong note, clocking robust credit growth, going by provisional business

State-run UCO Bank’s credit growth during the first quarter this fiscal may be in the range of 12-14 per cent

State-run UCO Bank is planning to bring down the amount of gross non-performing assets (NPA) to below ₹6,000 crore by