UCO Bank, founded in 1943, is a commercial bank and a Government of India undertaking. The Bank is dedicated to serving the nation through active financial participation in all segments of the economy, including agriculture, industry, trade and commerce, the service sector, and the infrastructure sector. UCO Bank is also keeping pace with the changing business environment. With a countrywide network of service units, including specialised and computerised branches in India and overseas, UCO Bank has marched into the 21st century with dynamism and growth. Its Board of Directors comprises representatives of the Government of India and the Reserve Bank of India, as well as eminent professionals such as accountants, management experts, economists, and businesspersons.

The idea of a truly Indian bank was first conceived of by G.D Birla, the doyen of Indian Industrial renaissance, after the historic 'Quit India' movement in 1942. Soon this nascent idea came into reality and, on the January 06, 1943, The United Commercial Bank Ltd. was born with its Registered and Head Office at Kolkata. Having traversed periods of expansion and consolidation, the Bank was nationalized by the Government of India on the July 19, 1969 whereupon 100 per cent ownership was taken over by the government in United Commercial Bank. This historic event brought about a sea-change in the entire fabric of the bank's thinking and activities, commensurate with the government's socio-political approach of mass banking as against class banking hitherto practised. The year 1985 opened a new chapter for the Bank as the name of the Bank changed to UCO BANK by an Act of Parliament. Further, the Bank had gone for Rs 200 crore of IPO during the year 2003-04 and is now a listed Company. 

Business area of the company 

The Bank is a commercial bank and a Government of India undertaking. The Bank is dedicated to serving the nation through active financial participation in all segments of the economy, including agriculture, industry, trade and commerce, the service sector, and the infrastructure sector.

Services

• Corporate Banking
• International Banking
• Government Business
• Rural Banking
• Digital
• Cyber Security

Awards/ Recognition / Achievements

2013-14

• Ministry of MSME, Govt. of India awarded National Award to UCO Bank for implementation of PMEGP scheme in the North-East Zone for the year 2012-13.
• UCO Bank bagged 'MSME BANKING EXCELLENCE AWARDS-2013 from CIMSME under following categories.: Jury Award for New Initiative, and Best Branding Award
• UCO Bank received SKOCH RENAISSANCE AWARD 2013 for Development.
• Ministry of Rural Development, Govt. of India awarded UCO Bank as 3rd Best Bank for nurturing the RSETI movement in the country for the year 2012-13.
• UCO Bank received Global Sustainability Award from World CSR Congress under the category ''Outstanding Social Impact''.

2014-15

• UCO Bank has been awarded 1st Prize in the category of Best Bank for operational performance for 2014. UCO BANK was also awarded the runners- up under the category of best Bank amongst large banks for the year ended 2014, in the function held by the Chamber of Indian Micro Small & Medium Enterprises in New Delhi on January 10, 2015, Minister of MSME, Kalraj Mishra gave the awards.
• UCO Bank has been awarded with Banking Excellency Award 2013-14 by State Forum of Bankers Club at Cochin on December 13, 2014. Bank was adjudged as the best banker at the national level for the year 2013-14. On behalf of the Bank, T S Mallikarjuna, General Manager & Circle Head, Chennai received the prestigious award from Justice P Sadasivam, Retired Chief Justice of Supreme Court and Governor of Kerala. The function was presided over by Abraham Tharyan, Executive Director of South Indian Bank who is also chairman of State forum of Bankers club. Nirmal Chand, Regional Director, RBI was also present on the occasion.
• UCO Bank had been awarded First Prize for Highest average loan to SHGs in West Bengal State during the year 2013-14 under Commercial Bank category on the eve of celebration of NABARD Foundation Day on July 12, 2014.
• UCO Bank received prestigious SKOCH AWARD for Excellence in Banking in Financial Inclusion and Deeping 2014

2015-16

• UCO Bank was awarded by CIMSME 'MSME EXCELLENCE AWARDS - 2015' under the below mentioned categories during Jan'16: Best Bank for PM Jan Dhan Yojna under Mid-Sized Bank Winner; Best Bank for Promotional Scheme under Mid-Sized Bank Winner; Best Bank for Financial Inclusion under Mid-Sized Bank - Runner Up.
• UCO Bank was awarded 3rd Prize in the All-India Competition under Medium Bank category in recognition of its remarkable Contribution to RSETI movement in the country on the auspicious occasion of RSETI Diwas on 15.07.2015 organized by Ministry of Rural Development, Government of India.

2016-17

• UCO BANK has been conferred with Special Award by National Payments Corporation of India, in the ‘National Payments Excellence Awards 2016’ function held on March 08, 2017 at Mumbai.
• The Special award recognises excellent performance of the Bank in in select parameters of various NPCI products on behalf of the Bank, General Manager (DIT, BPR & BTD) received the prestigious award.
• UCO BANK has been awarded the runners-up under the category of “Best Payments Initiatives” amongst mid-sized banks for the year ended 2016, in the function held by Indian Banks’ Association (IBA) in Banking Technology Conference, Expo & Awards 2016 held on February 21, 2017 at Mumbai. 
• The IBA Banking Technology Awards 2016 recognizes and rewards individuals, professionals and banks identifying themselves in the technology segment of Banking Industry – whose innovative ideas, initiative, risk leadership qualities, implementation of the various initiatives have kept their organizations ahead of their competitors by either Maintaining the competitive edge, Opening up new revenue streams or by Changing the competitive landscape On behalf of the Bank, General Manager (DIT, BPR & BTD) received the prestigious award.
• UCO Bank has been awarded Skoch Order of Merit Award -2016 for MIS Dashboard App on December 16, 2016.

2017-18

• UCO Bank was awarded by ASSOCHAM 'Fifth ASSOCHAM SMEs Excellence Award - 2017' under different category.

2018-19

• NPCIs Special Award under National Payments Excellence Awards - 2017 in May 2018.
• 3rd Prize on IDRBT Banking Technology Innovation Contest (IBTC) -2018 for UCO Secure App in April 2018.
• 3rd Prize on IDRBT Banking Application contest 2017 for UCO HRMS plus.
• Infosys Finacle Client Innovation Award 2017 - Winner in Segment Innovation in Project Management under Mid size Bank.

2019-20

• UCO Bank, Head Office being the convenor of TOLIC (Bank), Kolkata was awarded First Prize-Kshetriya Rajbhasha Puraskar for the third consecutive year by Department of OL, Ministry of Home Affairs, Govt. of India for excellence in implementation of Official Language for the year 2018-19 amongst all TOLICs in Eastern Region - a Hattrick, worth mentioning.
• Bank’s Ajmer Zonal Office, convenor of TOLIC (Bank), Ajmer was also awarded Third Prize- KshetriyaRajbhashaPuraskar for the year of 2018-19 by Department of OL, Ministry of Home Affairs, Govt. of India for excellence in implementation of Official Language.
• Bank’s Varanasi ZO, Allahabad Main br. and Akola br. under ZO Nagpur won First Prize of their respective TOLIC; Bank’s Surat ZO, Dharamshala ZO, Jodhpur ZO, Panaji br., Balod br., Raopurabr won 2nd prize of their respective TOLIC; Bank’s Bhubaneshwar ZO, Raipur ZO, Patna ZO, Ernakulam ZO, Mumbai ZO &Ghazipur br. won 3rd Prize of their respective TOLIC
• Bank’s Guwahati ZO, New Delhi Zo and Dhamtaribr won Special Prize of their respective TOLIC.

2020-21

• UCO Bank, Head Office being the convenor of TOLIC (Bank), Kolkata was awarded Second Prize- Kshetriya Rajbhasha Puraskar by Department of OL, Ministry of Home Affairs, Govt. of India for better implementation of Rajbhasha for the year 2019-20 amongst all TOLICs in Eastern Region.
• Bank’s Zonal Offices- Indore, Patna, Varanasi, Mumbai, Surat, Bengaluru, Hyderabad, Jorhat, Sambalpur, Jawaharganj Branch under Bhopal and Faridkot Branch under Chandigarh Zone won First Prize of their TOLIC.
• Bank’s Raipur ZO, and Roopnagar Branch under Chandigarh Zone won 2nd prize of their TOLIC.
• Bank’s Jodhpur ZO, Ahmedabad ZO, Ernakulam ZO, Noida Branch under New Delhi Zone, Solan Branch under Shimla & Ghazipur Branch under Varanasi Zone won 3rd Prize of their TOLIC.
• Bank’s Jaipur ZO, New Delhi ZO, Chandigarh ZO & Kullu Branch under Shimla Zone won Consolation Prize of their respective TOLIC.
• Apart from this, its several staff members from Head Office & different Zones won 12 First, 34 Second, 27 Third and 21 Consolation Prizes under various competitions organized by TOLICs all over Country. 

2021-22

• UCO Bank has won the 'Rajbhasha Kirti Puraskar' First Prize for the year 2020-21, which is the highest award given by Govt. of India in the field of Official Language for excellent implementation of Official Language Policy in the Bank.

2022-23

• UCO Bank has continued its Journey towards winning of 'Rajbhasha Kirti Puraskar' - First Prize for the year 2021-22, which is the highest award given by Government of India in the field of official language for implementation of Official Language in the Bank.
• UCO Bank was conferred 'THE EASTERN INDIA BEST EMPLOYER BRAND AWARDS 2022' organized by EIILMKolkata Times Ascent on 08th September, 2022 and Manish Kumar, General Manager, HRM, Training, PSD & OL was awarded 'The Eastern India Top Most HR Leaders'

2023-24

• The Government of India, Department of Official Language awarded the Rajbhasha Kirti Puraskar- Third to the Bank for the Financial Year 2022-23. The Managing Director and Chief Executive Officer of the Bank Ashwani Kumar received the award on the occasion of Hindi Divas programme organized in Pune.
• During the period, its 06 Zonal Offices received Regional Official Language Award from the Department of Official Language, Government of India for progressive use of Official language in different linguistic areas.
• Bank’s 05 Officers received awards in All India Inter-Bank Hindi Essay Writing Competitions organized by other nationalized banks including Reserve Bank of India.

2024-25

• IBA Annual Banking Technology Awards for best in Fintech and DPI Adoption and IT Risk and Management under Empowering Digital Transformation.
• SKOCH award BFSI GOLD for Merchant on-boarding with Merchant QR and Sound Box
• SKOCH award BFSI GOLD for UPI 123 Payments system- Facilitating payments through IVR.
• IBEX Awards under Outstanding Use of Emerging Technology for Enhanced Customer Service Experience
• Excellence in ESG & Sustainability Initiatives

2025-26

• SKOCH Award winner for the Gold category in BFSI- FY 2025-26 for Project Parivartan.
• The Bank was also conferred the BFSI Fraud Risk Management Award 2025 by Fin Crime Expert, and was ranked 5th nationally among Public Sector Banks for grievance redressal.
• Silver Award at IBEX India BFSAI Tech Awards FY 2025-26 in Digital Trailblazer Category.
• At the 4th IBA CISO Summit & Citations 2025, the Bank bagged four prestigious Cyber Security Awards in the Public Sector: Medium Bank category, including the Cyber Security Transformation of the Year (Winner), Cyber Security Team of the Year (Runner-Up), Cyber Incident Response Maturity (Runner-Up), and Cyber Security Compliance Champion (Special Prize).