Saturday, November 4, 2023

BANKING

State-owned lender UCO Bank is shifting its growth strategy to focus on expanding its corporate loan portfolio in a profitable manner. The bank will prioritize retail, MSME, and agriculture as its key drivers of growth in the coming quarters. This strategic shift coincides with delayed rate cut expectations due to global inflation and geopolitical uncertainties.

from Banking/Finance-Industry-Economic Times https://ift.tt/U3xt9Qh
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