UCO Bank said it, as a precautionary measure, was working closely with the stakeholders to resolve the issue and restore the IMPS services at the earliest.
HCL has committed $5 million over five years for programme and three NGOs with innovative and sustainable projects will be selected through a rigorous process.
The Indian IT sector faces significant headwinds as global demand has declined due to macroeconomic slowdown. This has reflected in shrinking of profits and margins of major India IT players like TCS, Wipro, HCLTech, etc.
UCO Bank share price: A total of 1.10 crore shares changed hands today, amounting to a turnover of Rs 40.19 crore. The company's market capitalisation (m-cap) stood at Rs 44,177.27 crore.