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Budget News

  • UCO Bank board to mull fund raising on June 23
  • June 19,2021  17:15
  • In an exchange filing, UCO Bank said, The Board of directors of the bank will consider the proposal for raising of Tier II Capital upto Rs 500 crore at its meeting scheduled to be held on Wednesday, 23 June, 2021.

    UCO Bank is a commercial bank. Its segments include treasury, corporate/wholesale banking, retail banking and other banking operations. It offers personal banking, corporate banking, international banking and rural banking services. As of 31 March 2021, the Government of India held 94.44% stake in the bank.

    Shares of UCO Bank fell 2.15% at Rs 13.63 on BSE.

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ATTENTION INVESTORS
"1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.
 2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.
 3. Pay minimum 20% upfront margin of the transaction value to trade in cash market segment.
 4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.
 5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.
.......... Issued in the interest of Investors"
Prevent Unauthorized Transactions in your demat/trading account --> Update your Mobile Number/email ID with your stock broker/Depository Participant. Receive information of your transactions directly from Exchanges on your mobile/email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/CDSL on the same day. - Issued in the interest of investors.
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