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UCO Bank to receive capital infusion of Rs 1150 crore from GoI

25 Mar 2017 Evaluate

Kolkata-headquartered UCO Bank has received a communication from Ministry of Finance, Government of India (GoI) vide its letter dated 16 March 2017 informing inter alia capital allocation of Rs 1150 crore in the Bank as a part of turnaround linked capital infusion plan. The public sector lender is awaiting board approval for issue of shares to the Centre.

UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

UCO Bank Share Price

26.76 0.72 (2.76%)
10-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
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Union Bank Of India 164.50
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