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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 ]
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Though most banks offer this facility free of cost to encourage paperless payment system, ICICI bank and Axis bank charge for it as per their respective NEFT charges. Money through this service can be transferred directly also by using the receiver's bank account number and IFS code. In such case, neither the receiver of the money need to be ...
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).
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Airtel Payments Bank: 2017: New Delhi, Delhi ₹ 627 crore (US$75 million) [71] [72] India Post Payments Bank: 2018: New Delhi, Delhi: 650 Branches ₹ 55 crore (US$6.6 million) [73] Jio Payments Bank: 2018: Mumbai, Maharashtra ₹ 13 crore (US$1.6 million) [74] Fino Payments Bank: 2017: Mumbai, Maharashtra: 410 Branches ₹ 791 crore (US$95 ...
Unified Payments Interface (UPI) is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.
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