uco bank

Bhubaneswar police arrested Rudra Pratap Hota in a cyber fraud case under Operation Cyber Kavach, uncovering multiple bank accounts allegedly used to funnel fraudulent funds. In a separate incident, three individuals were arrested for their involvement in cyber fraud, with investigations revealing significant suspicious transactions.

uco bank has opened applications for 173 officer roles, closing today, February 2, 2026. Specialist and generalist positions require relevant degrees, with age limits of 20-30 for JMGS-I and 22-35 for MMGS-II. Successful candidates will earn attractive salaries under the 7th CPC pay scales, with selection involving tests and interviews. Don't miss this public banking career chance.

Mumbai, Jul 28 () RBI has imposed Rs 1 crore penalty on uco bank for flouting its instructions relating to opening of current accounts and providing bill discounting facilities to account holders without any borrowing facility with the bank resulting in "siphoning off of funds".

Shares of state-owned uco bank continues to give stellar gains to investors. On Tuesday, the stock gained over 10% in early deals and was trading 9.94% higher at Rs 20.57 around 1 pm. It gained 14% in opening trade and hit a new 52-week high of Rs 21.35.

uco bank has opened applications for Specialist and Generalist Officer roles. A total of 173 positions are available. The online registration and fee payment deadline is tomorrow February 2, 2026. Candidates can apply on the official website. The selection process may involve a written exam, group discussion, and interview. This is a significant opportunity for aspiring banking professionals.

uco bank's shares rose 2.06% to Rs 30.72 after it reported an 86.2% YoY increase in net profit in Q4 2022-23 to reach Rs 581 crore, with global business hitting more than Rs 4.10 lakh crore for fiscal 2022-23, including deposits of Rs 2.50 lakh crore and advances of Rs 1.61 lakh crore.

uco bank has opened applications for 173 Specialist and Generalist Officer positions for 2026-27. Aspiring candidates can apply online until February 2, 2026, on the official website. The recruitment drive aims to fill various crucial roles, with a selection process that may include written tests and interviews. Don't miss this opportunity to join uco bank.

The Reserve Bank of India (RBI) said on Wednesday it had taken uco bank out of its prompt corrective action (PCA) list after finding that the state-run lender was not in breach of its rules on regulatory capital, bad loans and leverage ratio.

New Delhi, Aug 2 () uco bank today said its net loses widened to Rs 663.02 crore for the first quarter ended June 30, as asset quality deteriorated in the period. The bank had reported a net loss of Rs 440.56 crore in the corresponding April-June quarter of 2016-17.

Public sector uco bank widened its net loss to Rs 1,016.43 crore in the quarter ended December 2017 as gross bad loans ratio hit over 20 per cent, resulting into nearly doubling the amount for provisioning requirement.

Kolkata-based uco bank has temporarily suspended online Immediate Payment System (IMPS) transfers after experiencing issues where funds from transactions initiated by customers from other banks were credited to uco bank's account holders without the bank actually receiving the money. The incidents occurred between November 10 and November 13. The bank has made the IMPS channel offline and is working to resolve the issue, with law enforcement agencies involved. There is no confirmation on when services will be restored. The financial impact is yet to be determined.

uco bank reported a 27.1% rise in Q3 net profit to Rs 638.83 crore, along with a 15.5% increase in total income at Rs 7,405.89 crore. For the nine months ending December 2024, net profit surged 58.9%, while gross NPA ratio improved to 2.91%.

uco bank has launched its Apprenticeship Program for FY 2025-26 under the Apprentice Act 1961, offering practical exposure in the banking sector. Online applications are open from October 21 to October 30, 2025, through the bank’s career portal or BFSI SSC portal. Candidates must register on the NATS portal and follow the official steps to apply.

uco bank has opened online applications for 173 Specialist and Generalist Officer positions. The recruitment drive is for the 2026-27 cycle. Interested candidates can apply until February 2, 2026. The selection process may involve an online test, group discussion, and interview. This is a significant opportunity for aspiring banking professionals.

uco bank reports strong annual growth for the quarter ending December 2024 with a 12.18% increase in total business, reaching Rs 4.88 lakh crore. Key drivers include a 16.20% rise in total advances and a 9.37% boost in deposits. The CASA ratio remains stable, while the CD ratio improves significantly to 74.55%.

The Finance ministry is concerned about the rising cases of bank frauds in the country and has decided to investigate the matter. Financial services secretary Vivek Joshi will hold consultations next week with officials from RBI, Trai, telecom department, and NPCI. The parliamentary panel has already consulted with the finance ministry and PNB MD. Reported fraud cases increased by almost 50% last year. The uco bank incident, involving an erroneous credit of Rs 820 crore, triggered the investigation. The bank is yet to clarify if it was a technical glitch or a hacking attempt, and the matter has been reported to law enforcement agencies.

uco bank has released the Local Bank Officer (LBO) Exam 2025 admit card, which applicants can now download from www.ucobank.com. The online exam is scheduled for February 24, 2025, and candidates must log in using their Registration Number and Password or Date of Birth. The admit card contains key details such as the exam date, time, centre address, and essential instructions. Candidates should carefully verify all information before the exam. To stay updated on the recruitment process, applicants are advised to regularly check the official website.

uco bank has announced the Local Bank Officer (LBO) result 2025 for the online examination held on February 24, 2025. The result, released on April 21, 2025, is available as a PDF on the official website. Shortlisted candidates must attend Document Verification (DV), Local Language Proficiency Test (LPT), and interviews scheduled for April 28, 29, 30, and May 2, 2025. Call letters and instructions can be downloaded from the “Career” page on the uco bank website.

In raids on uco bank premises and residences of bank officials, the CBI sleuths seized documents related to sanctioning of loans allegedly using forged documents on Saturday here.

The CBI raided 67 locations in Rajasthan and Maharashtra, investigating an Rs 820 crore IMPS scam linked to uco bank. The probe focuses on 8,53,049 IMPS transactions that occurred between November 10 and November 13 last year. The raids took place in seven cities, as the central agency intensified its investigation. The official said searches in Rajasthan and Maharashtra.