UCO Bank
Tracked across 5 events · 77 articles · First seen May 19, 2025 · Last active May 28, 2026
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Regulatory
Impact: UCO Bank is the financial institution from which large credit facilities were sanctioned to Concast Steel and Power Limited, which were subsequently diverted and siphoned off, leading to a significant fraud case.
May 19, 2025 · 6 articles
Regulatory
Finance Minister Nirmala Sitharaman chaired a meeting with heads of banks, officials from the State Bank of India, and the India — Ministry of Electronics and Information Technology to discuss cybersecurity risks posed by Anthropic's…
Impact: UCO Bank is allocating a larger portion of its IT budget towards cybersecurity to address the challenges presented by Claude (AI model).
Apr 23, 2026 · 14 articles
Regulatory
Impact: UCO Bank is one of the consortium banks that suffered losses due to the alleged fraud by Reliance Communications and has filed a separate complaint.
Mar 19, 2026 · 25 articles
Business
Impact: UCO Bank also recorded complaints regarding UPI service disruptions, though to a lesser extent than State Bank of India.
Apr 01, 2026 · 7 articles
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UCO Bank increase IT spendingIndia discusses Anthropic...
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