UCO Bank raises Rs 3,076 crore on preferential basis
28th Feb 2019

UCO Bank has raised Rs 3,076 crore through allotment of 146,82,57,756 equity shares for cash at an issue price of Rs 20.95 including premium of Rs 10.95 per share on preferential basis to Government of India. The Competent Authority of the bank has allotted the same.

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.