The restructuring can be out there to debtors with publicity as much as Rs 50 crore. Within the final monetary 12 months, Uco Financial institution had restructured lower than Rs 400 crore of retail and MSME loans. State-run Uco Bank has once more urged the Reserve Financial institution of India to contemplate taking it out
UCO Bank
The financial institution, in a inventory alternate submitting, knowledgeable that its board of administrators authorized the proposal for elevating of fairness capital aggregating to Rs 3,000 crore by way of numerous modes equivalent to FPO, QIP and preferential concern, topic to obligatory regulatory approvals. State-run UCO Bank on Thursday reported an almost five-fold year-on-year soar