UCO Bank has received approval for the issue of equity shares on preferential basis to Government of India against capital Infusion of Rs 2,142 crore. The Board of Directors of the bank at its meeting held on January 16, 2020 has approved 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.