Tag: India banking
BANKING & FINANCE UCO Bank Q4 Net Profit Rises 23% to ₹801 Cr On Improved Asset Quality

Public sector lender UCO Bank reported a 22.66% increase in net profit at ₹801 crore for the March quarter, aided by continued improvement in asset quality. Net interest income contracted by 3.11% to ₹2,614 crore. Global Net Interest Margin (NIM) improved 1 bps to 3%, while domestic NIM fell 3 bps to 3.19%. Fee-based income […]

CW Bureau · Apr 26, 2026
BANKING & FINANCE Emirates NBD Gets Reserve Bank Nod To Acquire Up To 74% In RBL Bank

Emirates NBD Bank PJSC has received approval from Reserve Bank of India to acquire up to 74% of the paid-up share capital in RBL Bank, marking a significant cross-border investment in India’s banking sector. As per the regulator’s communication, ENBD will be required to maintain a minimum 51% shareholding, while its voting rights will be […]

CW Bureau · Apr 3, 2026