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UCO Bank receives Rs 775 crore from Government

UCO Bank has received Rs 775 crore as capital infusion from the Central government. The bank has received the amount from the Centre towards preferential allotment of around 18.69 crore equity shares of Rs 10 each at a price of Rs 41.45 per share.

UCO Bank is a commercial bank and a Government of India Undertaking. The bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

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