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Uco Bank Arun Kaul

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UCO Bank weighing options to send notice to Kingfisher

State-owned UCO Bank on Friday said that it was mulling options of sending wilful defaulter notice to debt-ridden Vijay Mallya-owned Kingfisher Airlines, which is now grounded. "We are weighing the......

SS Mundra assumes office as RBI Deputy Governor

Commercial banker Subhash Sheoratan Mundra has assumed office as the fourth deputy governor of the Reserve Bank on Thursday for a three-year term. Mundra, who led the country's second largest......

Govt banks lure customers away from private lenders

The perception that customers prefer private lenders to public sector banks for retail loans might not be prevalent any more, if a recent survey by Nielsen is to be believed. Private lenders such......

Kamath leads race to succeed Chakrabarty as RBI deputy guv

Experts interviewed CMDs of nine public sector banks on Friday and Kamath is believed to be in the reckoning A search panel headed by Reserve Bank of India (RBI) Governor Raghuram Rajan has zeroed......

UCO Bank looks to life after Iran sanctions windfall

An obscure Indian bank has been an unlikely beneficiary of Western sanctions against Iran, handling billions of dollars from frozen oil payments that boosted its interest margins, but is now having......

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