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UCO Bank raises Rs 400 crore through bonds

22 Mar 2022 Evaluate

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.

Peers
Company Name CMP
State Bank Of India 941.00
PNB 116.00
Bank Of Baroda 235.00
Canara Bank 118.10
Union Bank Of India 171.45
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