UCO Bank



Key Stats

Day's Price Range
52-Week Price Range
1 Month Return3.98 %
3 Month Return2.17 %
1 Year Return-9.27 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 190
Rank 235
Rank 460
Dividend Yield
Rank 112
Rank 614
Price To Book Ratio
Rank 315
Debt To Asset
Rank 455

Company Information

UCO Bank is a commercial bank and a Government of India Undertaking. The Bank offers a host of value added banking solutions to their customers which includes international banking services services for NRIs loan schemes deposit schemes and value added ebanking solutions. They also possess a host of branches authorized for direct tax collection in India. The Bank has 34 regional offices spread all over India.UCO bank head office is located in Kolkata. The Bank has 34 Regional Offices spread all over India. The bank has international presence with four overseas branches in two important financial centers in Singapore and Hong Kong and representative offices at Kuala Lumpur Malaysia and Guangzhou in China. The bank also has a NRI corner to offer specialized services to its international customers.UCO Bank was incorporated in the year 1943 as The United Commercial Bank Limited. In July 1969 the Bank was nationalized and 100 per cent ownership was taken over by the Government of India. Thereafter the Bank expanded rapidly. In December 30 1985 the name of the Bank was changed to UCO Bank. During the year 200102 the Bank opened 1 new branch in Pune and 5 new extension counters. During the year 200405 the Bank opened 4 new branches and upgraded 7 extension counters into full fledged branches. They also opened 6 new extension counters. During the year one branch was merged and one extension counter was closed. The company also introduced Gold Card Scheme for exporters to facilitate easy availability of export credit at remuneration terms.During the year 200506 the Bank opened 9 new branches and upgraded 8 extension counters into full fledged branches. They opened 2 new extension counters and closed 5 extension counters. The Bank also opened one representative office in Kuala Lumpur in Malaysia. During the year in terms of the Government directive the Bank had effected merger of three Regional Rural Banks in Bihar on September 9 2005 two Regional Rural Banks in Orissa on January 2 2006 and two Regional Rural Banks in Rajasthan on January 27 2006.During the year 200607 the Bank opened 57 new branches upgraded 53 extension counters into full fledged branches and merged the 15 extension counters with the base branches. They also started 4 flagship corporate branches and 9 mid corporate branches. In February 26 2007 three Regional Rural Banks in the state of West Bengal were amalgamated and form a single entity named as Paschim Banga Gramin Bank.During the year 200708 the Bank opened 95 branches in which 66 branches were opened on January 6 2008 to commemorate the 65th Foundation Day of the Bank. The Bank opened 40 new branches 12 mid corporate branches upgraded 55 extension counters into full fledged branches and merged the 13 extension counters with the base branches.During the year the company converted two of their existing branches at Kolkata and New Delhi exclusively for catering to needs of senior citizens and named these branches as Senior Citizen branches. In April 4 2007 the Bank opened one representative office at Guangzhou in China. As at March 31 2008 the Bank has 1957 branches two representative offices 21 mid corporate branches and 19 extension counters.
OrganisationUCO Bank