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UCO Bank allots shares to govt against capital infusion of Rs 2142 crore

29 Feb 2020 Evaluate

UCO Bank has allotted 129,50,42,321 equity shares of Rs 10 each to Government of India at an issue price of Rs 16.54 per share against capital contribution of Rs 2142 crore received by the bank on January 01, 2020.

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 988.50
PNB 117.40
Bank Of Baroda 233.50
Canara Bank 123.40
Union Bank Of India 176.65
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