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UCO Bank, NCMSL enters into strategic tie-up

23 Jan 2012 Evaluate

UCO Bank has entered into a strategic tie-up with National Collateral Management Services (NCMSL), a major agriculture-infrastructure provider for collateral management and warehousing services. The main objective of this tie-up is to assist industries, traders and farmers in financing their capital requirements at all stages of the supply chain.

The bank will also avail of their premium services such as working capital financing in commodity-based industries, especially agro-based industries.

The National Collateral Management Services is the country's leading organization providing a bouquet of services to manage risks across various stages of commodity and inventory handling under a single umbrella.

Peers
Company Name CMP
State Bank Of India 996.00
PNB 118.00
Bank Of Baroda 234.10
Canara Bank 123.65
Union Bank Of India 177.25
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