In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke about the latest happenings in the bank and the overall sector.

Expect another 3-4 quarters before reporting net profit: UCO Bank

In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke about how the sector overall is dealing with the aftermath of what has been a big fraud headline.

Planning a QIP worth Rs 500-700 crore in Q4: UCO Bank

UCO Bank reported Q3 earnings and losses continue to widen. Asset quality also deteriorates. In an interview with CNBC-TV18, Ravi Krishan Takkar, MD and CEO of the bank spoke about the results and his outlook for the company.

Plan to do a QIP of Rs 500 crore this quarter: UCO Bank

Government has announced additional Rs 80,000 crore capital infusion via recap bonds for public sector banks. Sapna Das of CNBC-TV18 caught up with RK Takkar, CMD of UCO Bank and asked about how this additional capital will help the bank and the sector as a whole.

Reliance Communications debt resolution plan: Here's what experts have to say

Anil Ambani has scripted a rescue operation for his telecom business. There is a huge debt resolution plan that is afoot and that will perhaps remove about Rs 39,000 crore out of Rs 45,000 crore of debt that the company now bears.

SEBI has taken a good step in terms of transparency: UCO Bank

There should be some clarity as to what exactly is the default. Sebi should allow some time for repayments in case of a genuine delay, said Ravi Krishan Takkar, MD & CEO of UCO Bank.

Retail & SME book to grow at 12-13% going ahead: UCO Bank

It is the 8th consecutive quarter of net loss for UCO Bank, net interest income (NII) is shrinking rapidly. In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank discussed about the same in details.

Recapitalisation plan will help banks regarding capital & credit growth: UCO Bank

In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke about government's capital infusion plan.

Not possible for all big banks to take over smaller banks: UCO Bank

In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke briefly about the finance ministry report on bank mergers.

Bad loan battle: Here's what experts have to say

The Reserve Bank of India (RBI) has taken a crucial step in the battle against bad loans.

Aim to bring down gross NPA to 15% in FY18: UCO Bank

In an interview to CNBC-TV18, Ravi Krishan Takkar, MD & CEO of UCO Bank spoke about the latest happenings in his organisation.

UCO Bank to sell NPAs worth Rs 3000 cr to ARCs by FY17-end: CEO

The management expects success rate of 50 percent of the Rs 3,000 crore in the sale process. The assets put on block are from various sectors.

UCO Bank's provisions will come down in 3rd quarter: Chief

In conversation with CNBC-TV18, Ravi Krishan Takkar, MD & CEO of the bank, said net non-performing assets (NPA) have come down from 10.04 percent as on June to 8.83 percent. This is due to good recovery and the bank was able to upgrade few account during this quarter.

UCO Bank hopes to contain slippages between Rs 1,500-2,000 cr

In comparison to the March quarter of FY16 when the loss figure was Rs 1,716 crore, the bank has managed to cut down losses, said Chief Executive and Managing Director RK Takkar.

'RBI decision to impact banks that rely on mkt borrowings'

In an interview to CNBC-TV18, Charan Singh, Executive Director, UCO Bank, shares his views on the impact the Reserve Bank's change in lending rate math will have on the bank's financials.

Kotak Mahindra, YES Bank cut base rate by 25 bps

The lower base rates for both the banks will come into effect from October 5, 2015.

State Bank of Travancore cuts base rate by 20 bps to 9.95%

The bank has cut its base rate from 10.15 percent to 9.95 percent effective October 5, 2015

UCO Bank cuts base rate by 25 bps to 9.70%

Other than UCO Bank, State Bank of India, Bank of India, Andhra Bank and State Bank Of Travancore have also cut their base rates.

To review base rate at ALCO meet next week: UCO Bank

Charan Singh, ED, UCO Bank said the restructured portfolio of the institution is seeing a gradual reduction and retail credit is growing at 15 percent.

New RBI norms good enabler for banks: UCO Bank

The RBI on Monday said banks that decide to recast a company's debt under SDR scheme must hold 51% or more of the equity after the debt-for-share conversion. Arun Kaul, chairman of UCO Bank, says the intent of the RBI is clear – it is to overhaul the old management and bring in a new one.

Do not see any restructuring in next quarter: UCO Bank

During the quarter, slippages were Rs 2,074 crore and the production non-performing asset (NPA) were Rs 1,340 crore. The net addition into gross NPAs and the reissue has moved up from 6,150 to 6,176.

No plans to write off REI Agro loans currently: UCO Bank

According to Arun Kaul, Chairman at UCO Bank, their current exposure to REI Agro stands at Rs 800 crore

See NIMs improving by 10-20 bps in Q4: UCO Bank

With the cost of fund coming down, Arun Kaul, CMD, UCO Bank is hopeful of seeing net interest margin (NIM) improvement by 10-20 basis points in the fourth quarter from the current 2.58 percent.

Examining legal implications involved in Airbus issue: UBI

Discussing the latest developments, Deepak Narang, ED, United Bank of India, said the bank had given money to Airbus on behalf of Kingfisher and its unethical of them (Airbus) not to deliver post taking money.

Loans to power distribution cos at Rs 10,000 cr: UCO Bank

UCO Bank is planning to sell bad loans worth Rs 1,900 crore from 100 more accounts to clean its balance sheet. The bank has already sold NPAs worth Rs 300 crore in the last quarter.