UCO Bank

UCO Bank Management Change

UCO Bank announced the tenure extension of Executive Director Shri Vijaykumar Nivrutti Kamble until 31st March 2027, or until further orders.

UCO Bank Adverse Business Impact

UCO Bank disclosed a UFBU strike notice for September–October 2026 that may affect branch operations. The bank has taken steps to ensure continuity.

UCO Bank Other Announcement

UCO Bank revised its TBLR (6M/12M) and G-Sec linked rates effective 07 Sep 2026. MCLR, Base Rate and BPLR remain unchanged.

UCO Bank Management Change

UCO Bank extended the additional charge of Shri Rajendra Kumar Saboo as MD & CEO until November 30, 2026, or until a regular appointment is made.

UCO Bank Fund Raise of ₹9,500 Cr

UCO Bank's board approved raising foreign currency funds up to USD 1.00 Billion through the issuance of debt instruments under a Medium Term Note programme.

Value

₹9,500 Cr

UCO Bank Board Meeting Date

UCO Bank has scheduled a board meeting for August 24, 2026, to consider raising foreign currency funds via a Medium Term Note (MTN) Programme.

UCO Bank Other Announcement

UCO Bank submitted a Security Cover Certificate for the quarter ended June 30, 2026. The certificate reports a NIL return as the debentures are unsecured.

UCO Bank Credit Rating

CRISIL has reaffirmed the short-term rating on UCO Bank's certificate of deposit programme. The rating agency continues to assign a CRISIL A1+ rating.

UCO Bank Management Change

UCO Bank has appointed Shri Manohar Lal Paliwal as a Part-time Non-Official Director for a three-year term, as nominated by the Central Government.