[ad_1] State-owned UCO Bank Ltd on Thursday (March 27) said it has successfully closed its Qualified Institutions Placement (QIP), with the issue price set at ₹34.27 per share, including a premium of ₹24.27 over the face value of ₹10. The final price reflects a 4.99% discount to the floor price of ₹36.07. The Capital Raising […]
UCO Bank launches QIP to raise ₹2,000 crore; check floor price and other detail – CNBC TV18
[ad_1] State-owned UCO Bank Ltd on Friday (March 21) set the price for its ₹2,000-crore qualified institutional placement (QIP) at ₹34.27 per share, reflecting a 9.19% discount to its March 21 closing price of ₹37.74 on the NSE, sources privy to the developments told CNBC-TV18. The issue price is based on a 5% discount to […]
UCO Bank reports 16.2% growth in advances in Q3; total business up 12.2% – CNBC TV18
[ad_1] State-run UCO Bank Ltd on Friday (January 3) reported a strong performance in Q3 FY25, with total advances rising 16.2% year-on-year (YoY) and 5.05% quarter-on-quarter (QoQ) to ₹2.08 lakh crore. Company Value Change %Change The bank’s total deposits increased 9.37% YoY and 1.45% QoQ, reaching ₹2.80 lakh crore as of December 31, 2024. This […]