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.