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UCO Bank, formerly United Commercial Bank, is an Indian public sector bank, and financial services government owned body headquartered in Kolkata. [3] It is a medium sized public sector bank in India and ranked 1948 in Forbes Global 2000 list of year 2018 & ranked 80 on the Fortune India 500 list in 2020. [ 4 ]
Bandhan Bank and erstwhile United Bank of India have their headquarters at the hub. [9] State Bank of India has their largest training centre at the hub. [ 10 ] Other banking institutions like UCO Bank , [ 11 ] Punjab National Bank also have staff and executive training centres in FinTech hub.
Goel started his career in 1992 as a Chartered Accountant in Allahabad Bank. In 2016, he joined Union bank as an executive director after which in 2018 he was appointed as the MD of UCO Bank. In 2021, he joined Punjab National Bank as the Managing Director and Chief Executive Officer. He is also the Chairman of the Indian Bank's Association (IBA).
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.
The shareholders of the bank are the Government of India (50%), UCO Bank (35%) and the Government of West Bengal (15%). The bank's head office is located at Tikiapara, Howrah , West Bengal. As of 31 March 2019, the bank made a net profit of ₹ 67.97 million (US$790,000)
The people of Taharpur Bhabhisa has access to the financial and Transaction services of The Indian Government through the Banking facility of the UCO Bank Branch of Taharpur Bhabhisa. There is also a newly setup bank branch of Punjab National Bank. There is also a Post Office for the sharing
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