
Board Meeting19 Aug 2026, 07:20 pm
UCO Bank Board to Consider Foreign Currency Fund Raising via MTN
AI Summary
UCO Bank has announced that its Board of Directors will convene on August 24, 2026. The primary agenda item for this meeting is to consider and approve the raising of foreign currency funds through a Medium Term Note (MTN) Programme. This move is in line with SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and signifies the bank's intent to access international debt markets. The specific amount and terms of the fund-raising are expected to be detailed following the board's approval.
Key Highlights
- Board meeting scheduled for August 24, 2026.
- Proposal to raise foreign currency funds via MTN Programme.
- Aims to access international debt markets.
- Decision subject to Board of Directors' approval.
Price Impact
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