Ashwani Kumar

IMPS transaction fraud: Over 90% of cash recovered, actions on to recuperate remainder of cash, says UCO Financial institution MD

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State-run UCO Financial institution has recovered greater than 90 per cent of the “faulty credit” which sure account holders of the financial institution had acquired through Speedy Cost Service (IMPS) final 12 months and actions are on to recuperate the remainder of the cash, its Managing Director and Chief Government Officer Ashwani Kumar stated on … Read more

UCO Financial institution has no requirement for elevating contemporary capital this fiscal, says MD Ashwani Kumar

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State-run lender UCO Financial institution has no requirement for elevating contemporary capital for enterprise progress this fiscal, however it could method the federal government for a QIP or different capital-raising choices subsequent fiscal. Additionally learn: UCO Financial institution web down 23% at ₹502.83 cr on provisioning in the direction of wage revision “If you happen … Read more