Monday, December 08, 2025 | 06:54 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of UCO Bank approves raising equity capital aggregating Rs 3000 cr in FY22

Image

Capital Market

At meeting held on 27 May 2021

The Board of UCO Bank at its meeting held on 27 May 2021 has approved the proposal for raising of equity capital aggregating to Rs 3000 crore during FY 2022 through various modes such as Follow on Public Offer (FPO), Qualified Institutional Placement (QIP), Preferential issue etc. subject to necessary approvals from shareholders, Govt. of India, RBI and SEBI.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 27 2021 | 7:20 PM IST

Explore News