03
Nov
Public sector lender UCO Bank has on November 2, withdrawn its earlier decision to distribute sweet packets to the bank's top 10 NPA (non-performing asset) borrowers this Diwali.The bank said: "It is hereby advised that the instructions contained in the aforesaid communication be withdrawn." Earlier in the November 1 circular UCO Bank had said: "Top management has recommended distribution of sweet packets to the top 10 NPA borrowers of each branch, in line with peer PSB like other valuable customers, where branch heads have to meet them in person, greet them on the occasion of Diwali and distribute them a…
