Tag: uco bank

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Posted in Economy

India plans to hike foreign investment cap in state-run banks to 49%, source says

India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…

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Posted in Economy

UCO Bank gets approval to work with sanctioned refiner Nayara

Indian lender UCO Bank has received government approval to facilitate trade payments for Nayara Energy Ltd., according to people familiar with the matter, nearly two…

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