UCO Bank has raised Rs 400 crore through private placement of 8.51% Basel III Compliant Unsecured Redeemable Taxable Tier II bond having face value of Rs 1 crore each. Maturity date of the said bond will be March 23, 2032.
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.