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Munnabhai redux: UCO Bank sends sweets to top 10 defaulters

After the country s largest bank, the State Bank of India, another state-run lender, UCO Bank, has come out with a circular asking its branch officials to visit and distribute sweet packets to the top 10 non-performing borrowers. In comparison, in 2018, the Punjab National Bank had the passports of 150 willful defaulters impounded. ....

New Delhi , Nirmala Sitharaman , Punjab National Bank , Pratham Gramin Bank , Financial Services , Mission Gandhigiri , State Bank , Reserve Bank , Managing Risks , Outsourcing Financial Services , Uco Bank , State Bank Of India , Sweet Packets ,