UCO Bank plans to raise Rs 2,000 crore through Qualified Institutional Placement (QIP) to meet Sebi's minimum public shareholding norms. The government's shareholding will reduce by 3%. The bank ...
Shares of five state-owned lenders, namely Central Bank of India, Indian Overseas Bank (IOB), UCO Bank, Punjab & Sind Bank (PSB) and Bank of Maharashtra (BoM), recorded double-digit gains during ...
Shares of PSU banks including Indian Overseas Bank, Bank of Maharashtra and Punjab & Sind Bank surged up to 20 percent on January 14 after the government approved fund-raising plans of up to Rs ...