On 03 October 2019
UCO Bank announced that Govt. of India conveyed their sanction for release of capital of Rs.2130 crore towards contribution of the Central Government in the preferential allotment of equity shares of UCO Bank.Above proposal for issue of equity shares to Government of India on preferential basis against capital infusion of Rs.2,130 crore will be placed through circular resolution before the board of directors of the bank on or after 3 October, 2019.
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