defaulters

NPAs in India become joke, UCO bank to send them Diwali sweets

NEW DELHI: UCO Bank, which is a government-owned institution, has decided to distribute ‘gift packages’ to the highest 10 defaulters in each branch in its endeavour to reclaim delinquent loans. In a memorandum addressed to all zonal heads, Dheeraj Patwardhan, the General Manager of Recovery at UCO Bank, emphasised that the bank acknowledges the past […]