Latest UCO Bank News & Updates

Bhubaneswar, July 1 (IANS) The Odisha Police’s Economic Offences Wing (EOW) on Wednesday arrested a former bank official in connection with an alleged loan fraud worth more than Rs 3 crore, officials said. The accused banker, identified as Shiba Prasad Das, was arrested by the police officers from Trisulia area of Kataka district in Cuttack in connection with a case registered on June 19, based on a complaint filed by Varsha, the Deputy General Manager and Zonal Head of UCO Bank Kataka branch.In…

Bhubaneswar, June 28 (IANS) The Commissionerate Police on Sunday arrested three persons from Assam on charges of duping a 64-year-old Bhubaneswar resident of his hard-earned savings by luring him into clicking a fake link that appeared to have been sent by a nationalised bank.The arrested accused were identified as Harun Rashid (29) of Rupahihat in Nagaon district, and Junaidur Islam (22) and Ejajul Hoque (23) of Laharighat in Morigaon district, all in Assam.The accused cyber fraudsters were arr…

New Delhi, June 21 (IAN) It was a virtual redemption day for the National Testing Agency on Sunday as the NEET (UG) 2026 retest was conducted without major glitches, with the Agency crediting the whole-of-government effort involving 7 lakh officials for making the exam for 20 lakh aspirants error-free.“Team NTA. Team Bharat. One exam, delivered together,” said the NTA in a post on X, reaffirming its commitment to uphold the sanctity of the medical admission test whose previous round on May 3…

New Delhi, June 21 (IANS) The National Testing Agency (NTA) on Sunday shared a detailed note on X, describing the nationwide coordination that went into conducting the NEET (UG) 2026 re-examination on Sunday (June 21) and thanking the thousands of individuals and institutions involved in the process. In its post titled “Team NTA, Team Bharat: How India Came Together for NEET (UG) 2026,” the agency said that more than 20 lakh candidates appeared for the examination across 5,440 centres in India a…

Jaipur, June 3 (IANS) Three people from Rajasthan lost their lives in the devastating fire at Delhi’s Flourish Stay Hotel in Malviya Nagar on Wednesday. Among the victims were Javari Lal Agarwal (70), a retired UCO Bank manager from Ajmer, his wife Kamala Agarwal (68), and Ashok Pansari, a marble businessman from Kishangarh.The trio had travelled to Delhi to visit a relative admitted to Max Hospital and were staying at the hotel when the fire broke out.The tragedy has left families, friends, and…

New Delhi, May 6 (IANS) The Central Bureau of Investigation (CBI) has filed a chargesheet in a major homebuyers fraud case, unearthing an alleged nexus between builders, bank officials and proxy buyers that led to significant financial losses for both financial institutions and innocent homebuyers.According to CBI, the chargesheet has been filed against M/s AVJ Developers (India) Pvt Ltd, M/s AVJ Developers Pvt Ltd, M/s Kesar Builders Pvt Ltd, their Directors, and certain bank officials associat…

Bhopal/Indore, April 28 (IANS) The Indore Sub Zonal Office of the Enforcement Directorate (ED) has taken a decisive step in a high-profile financial investigation by provisionally attaching immovable properties valued at Rs 7.76 crore.This action was carried out on April 24 under the rigorous provisions of the Prevention of Money Laundering Act of 2002. The assets involved in this attachment consist of various land parcels held in the name of Ruchi Acroni Industries Limited, a firm currently ope…

Ahmedabad, April 15 (IANS) A Central Bureau of Investigation (CBI) Court in Ahmedabad on Wednesday sentenced two former officials of UCO Bank and a private proprietor to three years’ rigorous imprisonment and imposed a collective fine of Rs 30 lakh in a bank fraud case relating to the sanction and disbursement of loans against alleged forged documents.The convicted persons have been identified as Medam Prasad, then Senior Manager of UCO Bank’s Chiloda Branch in Gandhinagar; Bhaskar Soni, the…

Chikkaballapur (Karnataka), April 8 (IANS) The Central Government’s flagship Pradhan Mantri Mudra Yojana (PMMY) continues to transform the lives of small entrepreneurs across the country, with another success story emerging from Karnataka’s Chikkaballapur district.Beer Bahadur Dhami, a resident of Ward No. 30 in Chamarajpet, has successfully established and expanded his restaurant business with financial assistance received under the scheme. Availing a collateral-free loan of Rs 1.95 lakh fr…

New Delhi, April 1 (IANS) Digital payment services faced disruption across India on Wednesday, leaving many users unable to complete transactions through UPI platforms.According to outage tracking platform Downdetector, complaints surged sharply during the day — indicating a widespread issue.The impact appeared significant on State Bank of India, which saw over 500 outage reports, while UCO Bank recorded around 40 complaints.Overall, UPI-related downtime reports also crossed 40, with numbers co…