trending Market Intelligence /marketintelligence/en/news-insights/trending/kmymejxd3AywY4sy8GkZ_Q2 content esgSubNav
In This List

UCO Bank issues shares to Indian government


Latin American and Caribbean Market Considerations Blog Series: Focus on LGD


Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Financial Institutions Factor Transition Risk into Climate-Related Stress Testing

UCO Bank issues shares to Indian government

UCO Bank issued 11.50 billion rupees worth of shares to the Indian government on a preferential basis.

The government subscribed to 307,158,119 equity shares of the bank at 37.44 rupees per share.

The shares have a lock-in period of three years, the bank said in a stock exchange filing.

As of Aug. 10, US$1 was equivalent to 64.08 Indian rupees.