Tag: uco bank

SBI had raised its MCLR previously by up to 30 basis points in some tenors since June 2024. (HT)
Posted in Business

SBI hikes lending rates by 10 bps across tenors, effective from August 15

Aug 15, 2024 02:52 PM IST SBI’s MCLR for a three-year tenor is now 9.10%, compared to 9% earlier, while overnight MCLR is now 8.20%,…

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Bank ordered to pay Rs 10 lakh to customer for loss of jewellery from bank locker
Posted in Finance

Bank ordered to pay Rs 10 lakh to customer for loss of jewellery from bank locker

The National Consumer Disputes Redressal Commission (NCDRC) has held the UCO Bank responsible for not taking appropriate measures to ensure the safety of goods kept…

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India, Russia settling some non-oil trade in rupees: Top UCO Bank official
Posted in Economy

India, Russia settling some non-oil trade in rupees: Top UCO Bank official

India and Russia have been settling some of their non-oil trade in rupees since the beginning of this year, said a top official at state-run…

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Rupee news: Rupee trade arrangement to help cut transactions cost: Piyush Goyal
Posted in Economy

Rupee news: Rupee trade arrangement to help cut transactions cost: Piyush Goyal

International trade in the domestic currency will help reduce transaction cost for the industry and several countries are in discussion with the RBI on this,…

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Central banks warming up to rupee: Deputy Governer
Posted in Economy

Central banks warming up to rupee: Deputy Governer

Steps taken by the Reserve Bank of India (RBI) since July 2022 to further internationalise the rupee have not yet resulted in large trading volumes…

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V Ramachandra: RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL
Posted in Economy

V Ramachandra: RBI appoints V Ramachandra as member of Advisory Committee of SIFL, SEFL

The Reserve Bank on Tuesday appointed V Ramachandra, former chief general manager of Canara Bank, as a member of the Advisory Committee of Srei Infrastructure…

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