Uco Bank union tells members to work more for bank's revival

BY :9

Uco Bank union tells members to work more for bank's revival

KOLKATA: With Uco Bank facing severe stress in terms of crucial banking parameters, its employees associations have vowed to play catalyst in the bank's turnaround plan and urged their members to work harder.Trade unions, dubbed as disruptive by the management for years, appear to have realised that it may be now or never for the loss making bank to survive. Uco Bank has made net losses for the eight consecutive quarters with one-fifth of its loans turning sticky.The leaders told employees to take "some extra efforts" especially in the fields of loan recovery, low cost deposits mobilization and customer acquisition. They have decided to "adopt" branches which are under performers and guide them to the path of team work."We need special efforts to ensure that the bank turns around and all the employees and officers are motivated enough to walk extra miles to revive the bank and survive in the

2018.01.07. 13:39 BY :9

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