Tag
UCO Bank
11 articles
UCO Bank is actively pursuing insolvency proceedings against Berial Engineers Pvt. Ltd., with multiple hearings scheduled before the NCLT Guwahati Bench to address procedural aspects of the case. Simultaneously, the bank has revised its benchmark rates, notably increasing its three-month, six-month, and twelve-month TBLR rates, alongside a rise in the one-year G-Sec rate, reflecting adjustments to prevailing market conditions. These actions suggest UCO Bank is managing asset quality concerns while also adapting its lending rates to align with broader interest rate trends, potentially impacting borrowing costs for its customers and influencing its overall profitability.
UCO Bank Appeals NCLT Section 95 Application Rejection
UCO Bank appeals NCLAT against NCLT order rejecting its Section 95 insolvency application against a personal guarantor.
NCLT rejected application citing RP's failure to consider limitation period from
Super Iron Foundry Avails ₹20.71 Cr ECLGS Loans
Super Iron Foundry Ltd disclosed availing two secured working capital term loans totaling ₹20.71 crore under the ECLGS 5.0 scheme.
The company secured ₹9.71 crore from UCO Bank and ₹11 crore from Bank
NCLT Kolkata Adjourns UCO Bank Insolvency Petition
NCLT Kolkata Bench adjourns UCO Bank's Section 95(1) insolvency petition against Ms. Sangeeta Banka to 17th August 2026.
No interlocutory applications were listed, and no parties appeared for the hear
NCLT Kolkata Adjourns UCO Bank vs Sandip Kundu
NCLT Kolkata Bench adjourns UCO Bank's insolvency application against Sandip Kundu to August 17, 2026.
The hearing was conducted by a special bench as the regular bench was unavailable.
The applicatio
NCLT Kolkata Admits Bhumya Tea Liquidation Reports
NCLT Kolkata Bench condones a 9-day delay in filing the preliminary report for Bhumya Tea Company's liquidation.
The tribunal allows the liquidator's application to formally take the preliminary repor
UCO Bank Q1 Advances Up 21.3% YoY
UCO Bank discloses provisional Q1 FY27 business figures under SEBI LODR regulations.
Total advances grew 21.33% YoY to ₹2.73 lakh crore while deposits rose 11.04%.
Domestic advances showed strongest g
NCLT Guwahati Adjourns UCO Bank vs Berial Engineers Case
NCLT Guwahati Bench hears UCO Bank's insolvency application under Section 95 IBC against Berial Engineers Pvt. Ltd.
Respondent counsel commits to curing procedural defects within one week from the hea
NCLT Guwahati Lists Berial Engineers Insolvency Case
NCLT Guwahati Bench hears insolvency petition filed by UCO Bank against M/s Berial Engineers Pvt. Ltd. under Section 95 of IBC, 2016.
Respondent's counsel commits to curing any defects in the filing w
NCLT Guwahati Adjourns Berial Engineers Insolvency Hearing
NCLT Guwahati Bench hearing for UCO Bank's insolvency petition against Berial Engineers Pvt. Ltd. under IBC Section 95.
Respondent's counsel committed to curing procedural defects in the petition with
NCLT Guwahati Lists UCO Bank vs Berial Engineers Case
NCLT Guwahati Bench schedules hearing for UCO Bank's insolvency application against M/s Berial Engineers Pvt. Ltd.
Respondent's counsel commits to curing any defects in the filing within one week from
UCO Bank Revises TBLR and G-Sec Benchmark Rates
UCO Bank's ALCO reviewed and revised select benchmark rates effective June 10, 2026.
TBLR rates increased across 3-month (5.30% to 5.40%), 6-month (5.50% to 5.60%), and 12-month (5.60% to 5.75%) tenor