public sector banks

NEW DELHI: UCO Bank, which is a government-owned institution, has decided to distribute ‘gift packages’ to the highest 10 defaulters in each branch in its endeavour to reclaim delinquent loans. In a memorandum addressed to all zonal heads, Dheeraj Patwardhan, the General Manager of Recovery at UCO Bank, emphasised that the bank acknowledges the past […]

  NEW DELHI: Congress on Tuesday said that it would oppose in the Parliament the amendment bill to pave the way for privatisation of two public sector banks. The Central government plans a bill to make amendments to the Banking Laws Amendment Bill, 2021 to facilitate the privatisation of two government-run banks. However, the government […]