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ED attaches 106-crore assets of UCO Bank ex-CMD

July 25, 2025 6:36 pm

Former UCO Bank chairman Subodh Kumar Goel was arrested for allegedly taking a bribe and approving a loan of Rs 6,210.72 crore to Concast Steel and Power Ltd.

Ex-UCO chairman arrested | South Delhi house to travel: Bribes flowed via web of entities, finds ED

May 26, 2025 8:01 am

Subodh Kumar Goel is being probed in connection with an over Rs 6,000-crore loan default by Concast Steel and Power Ltd (CSPL), promoted by Sanjay Sureka, where UCO Bank alone had an exposure of Rs 1,400 crore.

Bank Loan Fraud Case: Court rejects bail plea of ex-UCO chairman, sends him to ED custody

May 22, 2025 3:15 am

Sanjay Sureka, the main promoter of CSPL, who was arrested by the ED in December 2024, also moved for bail on Wednesday

ED arrests former chairman of UCO Bank for ‘accepting bribe, approving Rs 6,210 crore loan’ to CSPL

May 20, 2025 4:01 pm

An ED spokesperson said several properties acquired through shell companies — beneficially owned or controlled by the accused and his family — have been identified.

Delhi: Prompted for KYC verification of bank account on WhatsApp, teacher loses all her life savings

March 31, 2025 2:17 am

Vishwanath’s ordeal began on March 25 when she thought she had received a message from her bank

Rs 6 lakh looted from Kakching branch of UCO bank in Manipur

October 16, 2024 10:17 pm

The police said the robbery was carried out around 3 pm. CCTV footage of the bank showed a masked man wearing a cap forcing an unarmed security guard and bank officials to guide him inside the bank at gunpoint.

UCO Bank's rural network coverage is 35 per cent of its total network of 3,300 branches across the country.

UCO Bank aims to bring down govt stake to 75% this fiscal: MD

April 30, 2024 8:14 pm

Amid a challenging environment for deposit raising, the bank aims to maintain a CD ratio of 75 per cent and retain a net interest margin of 2.9-3 per cent.

CBI searches 67 locations in Rajasthan, Maharashtra in UCO Bank IMPS scam

March 07, 2024 6:44 pm

The case pertains to over 8,53,049 IMPS (Immediate Payment System) transactions that took place between November 10 and November 13 last year in the bank.

UCO Bank, Digital Payment Utsav, Ministry of Electronics and Information Technology, West Bengal, Kolkata, Indian Express, current affairs

‘Digital Payment Utsav’: UCO Bank launches UPI 123 Pay-IVR-based services

February 11, 2023 2:47 am

The service was launched at 'Digital Payment Utsav: Digital Payment Se Pragati Ko Gati', an initiative by MeitY, to increase awareness and accelerate the adoption of digital payments in the country, said the statement.

UCO Bank posts Rs 652.9 cr net profit

January 25, 2023 5:21 am

The net profit for nine months ended December, 2022 rose to Rs.1,281 crore which is also the highest ever net profit for a nine-month period, it added.