Jun 18, 2013, 03.47 PM | Source: CNBC-TV18
Uco Bank has slapped a loan recall notice on Reid & Taylor after it failed to repay over Rs 100 crore loan. IOB has classified both Reid & Taylor and S Kumars accounts as NPAs.
Early last month, UCO Bank, in an advertisement in national dailies, posted photograph of Nitin Kasliwal, chairman and managing director of S Kumars Nationwide ( SKNL ), who is the guarantor of the loan taken by its arm Reid & Taylor, and called him a defaulter.
At 12:57 hours IST, S Kumars Nationwide was quoting at Rs 4.50, down 1.32 percent.
UCO Bank has submitted a copy of proceedings of Ex
UCO Bank has informed that the Extra Ordinary Gene
As many as 21 banks had extended loan of Rs 5,262
In comparison to the March quarter of FY16 when th