State-owned UCO Bank looks to raise up to Rs 500 crore
The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting scheduled to be held on June 2319-06-2021
State-owned UCO Bank looks to raise up to Rs 500 crore
The board of directors will consider the proposal for raising tier-II capital of up to Rs 500 crore at its meeting scheduled to be held on June 23UCO BANK - 532505 - Board Meeting Intimation for Board To Consider The Proposal For Raising Tier II Capital.
UCO BANKhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/06/2021 ,inter alia, to consider and approve the proposal for raising of Tier II Capital upto Rs.500 CroreUCO Bank likely to rejig loans worth 1,000 crore
2,314 retail, MSME accounts restructured under Resolution 2.0UCO Bank - 532505 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Refer attachment for detailsUCO Bank - 532505 - Related Party Transactions For 31.03.2021 - Reg.23(9) Of LODR
Please refer the attachmentUCO Bank - 532505 - Shareholding for the Period Ended May 31, 2021
UCO Bank has submitted to BSE the Shareholding Pattern for the Period Ended May 31, 2021. For more details, kindly Click hereUCO Bank aims 7-10% growth in FY22, allots shares to government
City-based UCO Bank on Friday said it was aiming at a growth of 7-10 per cent in the current fiscal amid the second round of restructuring guidelines from the regulator due to the second wave of COVID-19 disruptions. The bank also allotted 203.76 lakh shares to the government at Rs 12.76 per share against Rs 2,600 crore infusion in the bank. The bank board had also approved a further capital raising plan of Rs 3,000 crore in 2021-22. "We are hopeful for a business growth of 7-10 per cent in the current fiscal. We will do better in the current fiscal as our provisioning will be lower going forward and maintain net interest margin (NIM) target of 2.7-2.75 per cent," the bank's MD and CEO A K Goel said. He said based on the restructuring demand for the first wave of COVID-19 "we expect the demand for restructuring may be between Rs 750-1,000 crore even though we will not decline anyone eligible." "In the previous round, the total demand was less than Rs 400 crore. In thiUCO Bank - 532505 - Announcement under Regulation 30 (LODR)-Allotment
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, 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 issue price of Rs.12.76 per share against capital contribution of Rs.2600 crore received by the Bank on 31.03.2021.UCO BANK - 532505 - Revised Outcome - Equity Capital Raising Plan During The Financial Year 2021-22
Revised outcome - Equity Capital raising plan during the financial year 2021-22UCO Bank - 532505 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release for the Audited Financial Results for the quarter/year ended 31.03.2021