UCO Bank Launches ₹2,000 Crore QIP to Strengthen Capital Base

Unknown Apr 02, 2026 2 Views

UCO Bank has officially launched a Qualified Institutional Placement (QIP) to raise ₹2,000 crore, setting the issue price at ₹34.27 per share, which reflects a 9.19% discount to its recent closing price. This strategic move aims to bolster the bank's capital base and support its growth initia...

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