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.