UCO Bank has recovered Rs 800-900 crore from four large stressed accounts in the December quarter. The accounts comprise those of RattanIndia Power, Essar Steel, Ruchi Soya and Prayagraj Power.
The bank’s 45-day loan carnival beginning from January 6 is expected to see sanctions of around Rs 4,000 crore. The bank has set a target of Rs 2,700 crore retail and Rs 1,300 crore SME loans in the carnival.
UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.
| Company Name | CMP |
|---|---|
| SBI | 1080.35 |
| PNB | 114.50 |
| Canara Bank | 142.35 |
| Bank Of Baroda | 280.00 |
| Union Bank Of India | 188.90 |
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