UCO Bank Company History

Comes out with Initial Public Offering (IPO) of 20-cr equity shares of Rs 10 each for cash at a premium Rs 2 per share aggregating Rs 240 crore

UCO Bank along with Central Bank of India (CBI) , Indian Overseas Bank (IOB), Canara Bank and Union Bank of India (UBI) have formed an alliance to launch `Cash Online' ATM network

UCO Bank unveils new branch in Kottayam

Raised Rs.300 crore from the capital market in its private placement issue of unsecured redeemable non-convertible subordinated bonds.

UCO Bank has launched a new scheme to enable rural poor avail easy loans for receiving LPG connections on World Environment Day.

Western Union forges alliance with UCO Bank

Crisil signs agreement with Uco Bank for providing ratings for SSIs

UCO unveils new deposit scheme

UCO Bank adopts H-P for core banking solution

UCO Bank launches retail sales force

UCO Bank mulls to enter into derivatives market

Uco comes out with maiden hybrid tier-II bond

UCO Bank Ltd has appointed Shri. P L Mittal, Chartered Accountant, Chandigarh as part time non official Director in the Board of the Bank under Chartered Accountant Category with effect from January 02, 2007.

UCO Bank Ltd has appointed Shri. N P Sinha as Director in the Board of the Bank with effect from February 27, 2007.

UCO Bank Ltd has appointed Shri. S A Bhat Executive Director as Chairman & Managing Director of Indian Overseas Bank.

UCO Bank names S K Goel as CMD.

UCO Bank has informed that Shri. Samir Kumar Sinha, Deputy Secretary, Department of Financial Services, Government of India has been appointed as a Director of the Bank vide Notification dated June 10, 2008.

UCO Bank has appointed Shri. Jai Dev Gupta as part-time non-official Director on the Board of Directors of the Bank w.e.f. July 04, 2008 vide notification dated July 04, 2008.

UCO Bank has informed BSE that as per notification of Government of India, Ministry of Finance dated February 24, 2009 Shri. Nirmal Khatri has been appointed as part-time Non-Official Director on the Board for a period of three years from February 25, 2009.

UCO Bank has announced the launch of a 'Festival Bonanza Offer' for borrowers.

Toyota Kirloskar Motor Pvt. Ltd (TKM) has signed an agreement with the UCO Bank to extend auto retail finance to its prospective customers.

UCO Bank, Kolkata zone, set up two new ATMs at its Jodhpur Park and Kasba branches to ensure a better cash delivery system to the customers.

UCO Bank has collaborated with Religare Securities for offering online trading to its customers,

which is a part expansion of the product bouquet.

UCO Bank launched its small and medium enterprises (SME) loan hub in Bangalore to increase lending to sector.

UCO Bankhas recommended dividend of Rs. 3/- per share on the face value of Rs. 10/- each for the year.

UCO TOWER, Bank's internal magazine has been awarded the Certificate of Merit at 'ICE Awards' (In-House Communication Excellence), 2012 initiated by Shailaja Nair Foundation, Mumbai.

Ministry of MSME, Govt. of India awarded National Award to UCO Bank for implementation of PMEGP scheme in the North-East Zone for the year 2012-13.

UCO Bank received SKOCH RENAISSANCE AWARD 2013 for Development.

Ministry of Rural Development, Govt. of India awarded UCO Bank as 3rd Best Bank for nurturing the RSETI movement in the country for the year 2012-13.

UCO Bank received Global Sustainability Award from World CSR Congress under the category "Outstanding Social Impact".

UCO Bank has been awarded 1st Prize in the category of Best Bank for operational performance for 2014.

UCO Bank received prestigious SKOCH AWARD for Excellence in Banking in Financial Inclusion and Deeping 2014.

UCO Bank had been awarded First Prize for Highest average loan to SHGs in West Bengal State during the year 2013-14 under Commercial Bank category.

UCO Bank has raised Rs 270.59 crore by issuing over 7 crore shares to LIC on preferential basis, reported PTI.

Central Government nominated Shri Asish saha as part time non official director of our Bank for a period of three years under clause (h) of Banking Companies (Acquisition & Transfer of Undertakings)Act,1970.

UCO Bank said that it has inked Corporate Agency Tie up agreements with Future General India Insurance Company Ltd and Liberty Videocon General Insurance Company for distribution of General Insurance Products.

The Company launches 3 new digital products.

UCash enables customers to withdraw money from ATMs through mobile banking without using debit card,

Digilocker aims to eliminate the use of physical documents and enables sharing of verified electronic documents.

The third product, the new mobile app, integrates four existing apps of the bank.

UCO Mbanking, UCO UPI, UCO Mpassbook and UCO Secure- in a single interface,.

The bank also launched a new current account.Â

Acquisition of Shares in PSB Alliance Private Limited