Board of UCO Bank to consider raising funds worth Rs 1,000 cr via bonds

New Delhi: State-owned UCO Bank intimated the stock exchanges on Wednesday that the "board of directors of the bank will consider the proposal for raising of Tier I capital in the form of Additional Tier I Bonds in one or more tranches aggregating to Rs 1,000 crore from market at its meeting scheduled on January 3, 2023."

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