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UCO Bank to consider preferential issue of shares to govt against capital infusion of Rs 2142 crore

13 Jan 2020 Evaluate

UCO Bank is going to consider and approve preferential issue of equity shares to Government of India against capital infusion of Rs 2142 crore. The meeting of the Board of Directors of the Bank is scheduled on January 16, 2020 to consider and approve 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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