Last date for online registration is April 26, 2017
Asset quality worsens, gross NPAs rise to 13.8% from 7.75% a year earlier
Shares of the bank were trading 0.52 per cent lower at Rs 134.60 on BSE
Issue of Basel III-compliant additional tier 1 bonds (private placement) was opened on September 16, 2016, for one day
The bank needs capital injections from the govt to support loan growth and capital requirements to meet Basel III norms
Total income decreased to Rs 5,392.70 crore for the quarter under review
Icra cuts rating for UCO Bank's tier-II bonds
The capital to be raised will be added to bank's tier-II capital
Apart from retail, the bank will also focus on micro, small and medium enterprises
The bank had posted a net loss of Rs 178.4 cr in the corresponding quarter of the previous financial year
For maturities from 31 days to 45 days, the bank has cut interest rate from six per cent to 5.5 per cent for deposits below Rs 1 crore
The state-run lender had earlier announced that it has approached the govt & LIC for infusion of equity capital through preferential allotment.