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UCO BANK ALLOTS
UCO Bank to issue 270 crore shares in FY26 to cut govt stake to 75%UCO Bank plans to issue up to 270 crore fresh equity shares in the 2025-26 fiscal to bring down the government's stake to 75 per cent in co...- LIC is top investor in QIP fundraise of 4 public banks, buys nearly a quarter of issuesLife Insurance Corporation of India has become the top investor in the share sales of UCO Bank, Central Bank of India, Indian Overseas Bank...
- Hopeful to come out of PCA framework very soon: UCO Bank MD"I dont foresee any hurdle and remain hopeful that we will get the regulators approval to come out of PCA," UCO bank managing director and ...
- UCO Bank allots over 203 cr preferential shares to govt for Rs 2,600 cr capital infusion"We hereby inform that the competent authority this day allotted 203,76,17,554 equity shares of Rs 10 each to Government of India at an iss...
- UCO Bank okays preference shares issue to govt for Rs 2,600 cr capital infusion"The board of directors of the bank, this day i.e. 7th April 2021, approved the proposal for the issue of equity shares on preferential bas...
- Govt infuses Rs 10,882 crore in these PSU banks; shares rally up to 10%UCO Bank was trading over 10 per cent up at Rs 22.45 at around 9.25 am (IST)
- UCO Bank rises as board approves preferential allotment to governmentThe bank had reported a net loss of Rs 622.56 crore in the September quarter.
- Uco Bank reports loss of Rs 588 crore for the sixth straight quarterThe bank's operating profit fell 79%at Rs 119 crore from Rs 568 crore a year ago while total income fell 6.5% at Rs 3906 crore (Rs 4178 cro...
- UCO Bank to raise Rs 271 crore equity from LICThe preferential allotment of 7.17 crore equity shares will raise LIC's stake in Uco Bank to 14.5% from 10.38% at present.
- UCO Bank to raise Rs 270 crore via share sale to LICWith the preferential share allotment, LIC stake in the bank will increase by 5.5 per cent.
- UCO Bank to raise about Rs 400 crore by selling shares to LICState-owned UCO Bank today said it will sell 6.08 crore share to LIC on preferential basis which may fetch about Rs 400 crore to the bank.
- UCO Bank, Vijaya Bank to sell stake to LICTwo state-owned lenders UCO Bank and Vijaya Bank today said they propose to raise capital of about Rs 412 crore by issuing fresh equities t...
- Syndicate Bank prices share preferential allotment at Rs 123.35State-run Syndicate Bank said on Tuesday it has fixed a minimum price of 123.35 rupees for its preferential allotment to the government to ...
- Govt to infuse Rs 1,259 cr in Dena Bank, Vijaya Bank, BoMThe government will infuse Rs 1,259 crore as equity capital into three PSU lenders -- Dena Bank, Bank of Maharashtra (BoM) and Vijaya Bank ...
- Govt to infuse Rs 907 cr in Dena Bank, Vijaya BankThe government will infuse Rs 907 crore as equity capital into two PSU lenders - Dena Bank and Vijaya Bank - as part of recapitalisation pa...
- Govt to infuse Rs 1,248 cr into UCO, United Bank of IndiaThe government has decided to infuse Rs 1,248 crore into two public sector banks UCO Bank and United Bank of India as part of recapitalisat...
- Uco Bank to sign agreement to offer loans for NanoKolkata-based Uco Bank said it is going to sign an agreement with Tata Motors in order to offer loans to people planning to book Nano. Bank...
- UCO Bank approves plan to raise Rs 625 crState-run lender UCO Bank said it will raise Rs 625 crore through the allotment of perpetual non-cumulative preference shares.
- UCO Bank shifts Rs 104 cr bad loans to three ARCsUCO Bank has sold Rs 60.36 crore of bad loans to three asset re-construction firms and plans to transfer another block worth Rs 44 crore th...
- UCO Bank to raise Rs 325 crore through preferential issue in MarchWith this latest capital raising plan, the bank may not go for follow-on public (FPO) issue immediately. It has also ruled out the possibil...
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