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UCO Bank calls back 'sweets for NPAs' circular
Credit: IndiaTimes- Published on November 4, 2023
UCO Bank has withdrawn a circular which instructed branch heads to meet with top defaulters and distribute Diwali sweets to them. The circular had sparked significant attention due to its unconventional approach. UCO Bank's MD and CEO, Ashwani Kumar, addressed the matter during a press conference where the bank's quarterly...
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UCO Bank, a public-sector bank based in Kolkata, has taken a unique approach to dealing with defaulters. Instead of shaming them, the bank has asked its staff to...
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