UCO Bank is planning to raise equity capital during the financial year 2020-21 through various modes such as Follow on Public Offer (FPO), Qualified Insitutional Placement (QIP), Preferential issue, right issue etc. The proposal for the same will be placed before the board of directors for its consideration through circular resolution on or after July 23, 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.