Page-2 of UCO Bank

RBI initiates PCA against Allahabad Bank over its high bad loans

January 5, 2018

The Reserve Bank of India (RBI) has initiated Prompt Corrective Action (PCA) against public sector lender Allahabad Bank, owing to its high net Non-Performing Assets (NPAs) and negative Return on Assets (RoA) for two consecutive years. The action would contribute ..

Iran seeks permission to open multiple bank accounts in India

January 18, 2014

Iran has requested the Ministry of Finance and the Reserve Bank of India (RBI) to allow it to open accounts in multiple banks to facilitate better non-oil trade between the two nations. As per Iran’s Ambassador Gholam Reza Ansari, Iran ..

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IBPS →CWE (PO/ Management Trainees-II) Recruitment 2012 Guide

March 7, 2012

The Institute of Banking Personnel Selection (IBPS) is going to conduct the 2nd Common Written Examination (CWE- PO/ MT- II) for recruitment of Probationary Officers/ Management Trainees post in 19 public sector banks of India. The tentative date of examination ..

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Payments in Rupee accepted by Iran

March 5, 2012

The longstanding issue over the payments for export shipments has been resolved amidst India and Iran. Both the nations have accorded to admit payment in Rupee form, an act that could disengage vast sums pending on both sides. The payment ..

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General Compendium-3

May 8, 2009

Plantation CropsCentral Plantation Crops Research InstituteFirst National Forest Policy of India:New Forest Policy, 1988Free Enterprise Economy or Laissez Faire systemGovernment Controlled EconomyNational Security Exception Act (NSEA)UN Millenium Development GoalsIndia ‘s FDI policyNational Biofuel Policy 2008Darfur Humanitarian Crisis:Scheduled Commercial Banks In ..

Quick Current Affairs

February 13, 2009

1. The Government has decided to infuse a 3800 crore fund to UCO Bank , Central Bank of India and Vijaya Bank to shore up their capital adequacy. 2. The citizens dream of “anytime, anywhere” could be reality by 2013 ..

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