Tag: uco bank
Posted in Economy
Target reached, but asset monetisation to continue: DIPAM secretary Arunish Chawla
MUMBAI: The Centre will continue to push ahead with its asset monetisation target through OFS (offer for sale) deals and reduction in stakes in public-sector…
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…
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…