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UCO Bank gets nod to issue equity shares worth Rs 1375 crore

03 Jan 2018 Evaluate

UCO Bank has received an approval to issue equity shares on preferential basis to Government of India against capital contribution of Rs 1375 crore. The board of directors at their meeting held on January 3, 2018, 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 988.70
PNB 117.45
Bank Of Baroda 233.45
Canara Bank 123.35
Union Bank Of India 177.15
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