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2 months ago
BRIEF-India's UCO Bank says RBI begins "corrective action" for bank over high bad loans
May 12, 2017 / 2:19 PM / 2 months ago

BRIEF-India's UCO Bank says RBI begins "corrective action" for bank over high bad loans

1 Min Read

May 12 (Reuters) - UCO Bank

* India's UCO Bank says RBI has initiated prompt corrective action for bank in view of high net NPA and negative ROA

* UCO Bank says RBI corrective action will not adversely impact performance of the bank Further company coverage: (Mumbai newsroom)

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