Posted by Equitymaster Indian share markets continued to trade range bound in the afternoon session amid mixed global cues. At the closing bell, the BSE Sensex closed lower by 12 points, whereas the NSE Nifty finished lower by 13 points. The S&P BSE Midcap ... Equitymaster.com, 1 week ago
While its deposits from Iran accounts have come down from a peak of around Rs 25,000 crore to Rs 2,200 crore, it’s been offset by the bank receiving almost Rs 24,000 crore in deposits post note ban. A few quarters ago, UCO Bank posted a huge loss, turning out to be one of the worst-performing public sector banks. While non-performing assets weighed heavy on the balance sheet, its weaning Iran deposits added to the cost of funds. Deposits from the Iran accounts have come down from a ...Rediff.com, 1 month ago
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