trending Market Intelligence /marketintelligence/en/news-insights/trending/9N_Hmu_74dkdAGFadT28lg2 content esgSubNav
In This List

UCO Bank to issue 9.35B rupees of shares to Indian government

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


UCO Bank to issue 9.35B rupees of shares to Indian government

UCOBank said March 28 that it plans to sell 9.35 billion Indian rupeesof equity shares to the Indian government on a preferential basis to raisecapital.

The plan is still subject to the approval of shareholdersand other authorities.

As of March 28, US$1was equivalent to 66.58 Indian rupees.