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RBI initiates 'Prompt Corrective Action' against UCO Bank on high bad loans, negative return on assets

RBI initiates 'Prompt Corrective Action' against UCO Bank on high bad loans, negative return on assets

Sun, May 14, 2017

The Reserve Bank of India (RBI) has initiated a 'Prompt Corrective Action' against UCO Bank on account of the bank's increasing bad loans and negative return on assets.

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