ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent ...
Read More »UCO Bank reports Rs17.2 billion loss, courtesy bad loans
Kolkata / Bloomberg UCO Bank, an Indian state-owned lender with 629 deliberate defaulters, reported the highest bad loan ratio among banks in the South Asian nation. Shares fell the most in three months. Provisions for soured debt at the Kolkata-based company more than doubled to about 23 billion rupees ($344 million) in the three months through March from a ...
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