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UCO Bank planning to acquire additional shares in PSB Alliance

29 Dec 2022 Evaluate

UCO Bank is planning to acquire additional 100 shares of face value Rs 1,00,000 each of PSB Alliance at a total cost of Rs 1.14 crore. Post Investment, UCO Bank will hold 200 shares of face value Rs 1,00,000 each aggregating 8.33% of the capital of the company.

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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