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UCO Bank planning to raise equity capital via various modes

20 Jul 2020 Evaluate

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.

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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