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UCO Bank recovers Rs 800-900 crore from four stressed accounts

06 Jan 2020 Evaluate

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.

UCO Bank Share Price

26.61 -0.34 (-1.26%)
06-Jul-2026 16:59 View Price Chart
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Company Name CMP
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Union Bank Of India 161.05
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