UCO Bank’s shareholders have approved equity capital raising plan of the bank during the financial year FY23 through issue of up to 100,00,00,000 equity shares of Rs 10 each by way of various capital raising options at an appropriate time and premium. The bank would raise equity capital at appropriate time in the current fiscal to support growth.
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.
