May 3, 2026
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banking sector

UCO Bank Maintains MSME Resilience Amid Global Economic Volatility

UCO Bank Maintains MSME Resilience Amid Global Economic Volatility

Business News Desk03 mins mins

UCO Bank, a prominent public sector lender in India, has reported a stable performance in its Micro, Small, and Medium Enterprises (MSME) portfolio, maintaining steady growth despite prevailing global economic headwinds. As of the latest fiscal reporting, the bank’s MSME loan book stands at approximately ₹46,000 crore, signaling a robust appetite for credit among smaller…

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Indian Corporate Profits Stabilize in Q4, Driven by Banks Amidst Underlying Weakness

Indian Corporate Profits Stabilize in Q4, Driven by Banks Amidst Underlying Weakness

Business News Desk04 mins mins

India Inc. closed its fiscal year with a mixed financial performance, as March-quarter earnings revealed profits holding steady despite sluggish revenue growth, primarily bolstered by the banking sector and consumer spending. However, persistent input cost inflation and the waning impact of previous cost-saving measures suggest that margin pressures could mount for many companies in the…

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