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UCO Bank to raise Rs 1,000 crore through bonds

30 Mar 2017 Evaluate

UCO Bank has received an approval for issue of Tier II Bonds of face value of Rs 10 lakh each aggregating to Rs 1,000 crore to LIC of India. The board of directors at its meeting held on March 29, 2017 has approved for the same.

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.



Peers
Company Name CMP
State Bank Of India 941.00
PNB 116.00
Bank Of Baroda 235.00
Canara Bank 118.10
Union Bank Of India 171.45
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