UCO Bank - Limited Review for the quarter ended Dec 31, 2007
UCO Bank has informed BSE that in the limited review report of the Bank for the quarter ended December 31, 2007, the Auditors of the Bank have made the following observations:
“1. Reconciliation / adjustment of pending outstanding entries in the Inter-Office and Inter-Bank transactions (refer to Note No. 2) and
2. Account of certain income on cash basis not being in accordance with Accounting Standard 9 on “Revenue Recognition” issued by the Institute of chartered Accountants of India (ICAI) (refer note No 6).”
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Tags: UCO Bank
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