UCOBANK Ltd.

11.85.00INR + 0.10 (+ 0.85%) VOLUME : 495000
    Average Volume
  • 5-Day 395,000.00
  • 20-Day 1,556,449.95
  • 3-Months 2,383,788.44

MARKET CLOSED

Price Table

Date Open High GREEN: if High is higher than last 2 days high
RED: if high is lower than last 2 days high
Low GREEN:if Low is higher than last 2 days low
RED: if low is lower than last 2 days low
LTP Close GREEN:if Day's Closing is near the Day's High
RED: if low is lower than last 2 days low
Volume Delivery % 20 Day SMA GREEN: if Day's Closing is above 20-Day SMA
RED: if Day's Closing is below 20-Day SMA
50 Day SMA GREEN: if Day's Closing is above 50-Day SMA
RED: if Day's Closing is below 50-Day SMA
100 Day SMA GREEN: if Day's Closing is above 100-Day SMA
RED: if Day's Closing is below 100-Day SMA
200 Day SMA GREEN: if Day's Closing is above 200-Day SMA
RED: if Day's Closing is below 200-Day SMA
18-Oct-19 11.65 12.00 11.60 11.85 11.80 509,351 50% 12.86 14.33 16.12 17.48
17-Oct-19 11.60 11.85 11.50 11.75 11.75 297,191 41% 13.01 14.43 16.17 17.52
16-Oct-19 11.60 11.85 11.50 11.60 11.60 310,095 46% 13.16 14.52 16.23 17.56
15-Oct-19 12.00 12.00 11.65 11.80 11.75 462,996 65% 13.32 14.62 16.28 17.61
14-Oct-19 12.05 12.15 11.75 11.85 11.80 390,594 54% 13.48 14.73 16.33 17.65
11-Oct-19 12.40 12.40 12.00 12.00 12.05 302,484 51% 13.64 14.84 16.38 17.69
10-Oct-19 12.35 12.35 12.05 12.15 12.20 424,274 55% 13.78 14.94 16.43 17.73

Performance

Key Data

Day High Low Range

Time Lowest Highest
10 AM 11.60 11.90
11 AM 11.60 12.00
12 PM 11.60 12.00
1 PM 11.60 12.00
2 PM 11.60 12.00

Company Profile - UCOBANK Ltd.

UCOBANK

In 1974, the company was incorporated as of 15th February. In 1992, the Bank opened 11 branches in urban and metropolitan areas to take the total number of branches in India to 1783 until the end of the year. It caters to the needs of several customer groups, and it also introduced several innovative deposit schemes viz. Lakhpati Scheme, Money Multiplier Schemes, Money-Back Recurring Deposit Scheme, and Two-Way Deposit Scheme. It also implemented an innovative scheme, namely planning for Development of Villages (or PDV) via 22 selected branches of the Bank. It also made suitable modifications in its Agricultural Credit Card, namely UCO Kishan Patra to make it more popular among the farmers. It also participated in the development of women as well as children in rural areas under the DWCRA scheme. Also, the Guntur branch in Andhra Pradesh was upgraded to an 'A' category branch to capture the business of tobacco exports. It had 56 branches nationw ... ide that were upgraded to the 'B' category foreign exchange branches. Also, the teller system was launched in 16 more branches taking the total number of branches with teller facility to 84. Also, at the branch level, 130 ALPMs were installed in 35 branches, of which 116 were operationalized. Also, the Prime Minister's Rozgar Yojana was started as of 2nd October.

Some of the Milestones:

  • 1994:
  • A new scheme with the name of the FCNR (Banks) Scheme was launched with the exchange risk being borne by the banks.
  • It also took several steps towards improving recovery and reduction in NPA, and lowering the cost of funds, and boosting non-interest income, and containment of operating expenses and more to improve the financial position.
  • Also, 5 new branches were opened, in which two were urban branches, two semi-urban and one rural.
  • It was nominated as the principal financing agency in six districts such as Howrah, Hooghly, Burdwan, Birbhum, Jaipur, and Jalandhar.
  • A new forum, the State Level Export Promotion Committee (or SLEPC) was constituted in each state under the aegis of the SLBC.
  • 1995:
  • It opened 14 new branches comprising 6 at semi-urban centers, and 2 in urban areas and 6 in metropolitan cities.
  • It also opened several specialized branches viz. 6 recovery branches and 6 SSI branches.
  • It also merged 17 nonviable branches with the other branches.
  • It opened three new extension counters and closed down four extension counters with the total No. of extension counters to 138.
  • It was also nominated as the principal financing agency in 6 districts such as Howrah, Hooghly, Burdwan, Birbhum, Jaipur, and Jalandhar.
  • The DAP or Development Assistance Plan was introduced by the GOI in 1994-95 and made a selection of about 49 RRBs out of 196 RRBs based on their financial viability that included 5 RRBs sponsored by the Bank.
  • It also opened four more currency chests, and presently 59 chests are in operation nationwide.
  • Also, the Customer Service Committees were set up at 1724 branches out of a total of 1786 branches as of 31.3.1995.
  • It was also awarded Rajbhasha Shield that was given away by the Governor of Himachal Pradesh. Its employees also won several prizes at the Town Official Language Implementation Committee level.
  • Also, ALPMs were installed in 55 branches at the end of March 1995. It also proposes to install ALPMs in about 40 more branches.
  • About 25 PCs were installed in several departments of the Head Office. And 14 Zonal Centres were equipped with mini computers.
  • 2000:
  • It introduced a `Special Settlement' scheme for negotiating settlement of the bank's dues classified as non-performing assets.
  • Also, Mr. V. P. Shetty was appointed as Chairman and Managing Director of Calcutta-based Uco Bank for 5 years, since October 6.
  • Its executive director VP Shetty was appointed as the chairman and managing director of the bank, since 6th October.
  • It also introduced a seven-day banking facility at 17 suburban branches in Mumbai and 12-hour banking services at the Khar branch.
  • 2001:
  • It launched a private placement of tier-II bonds to raise to INR 100 crore.
  • It also launched a new scheme for the trading community, Christened UCO Trader Scheme.
  • 2003: An Initial Public Offering (or IPO) of INR 20-cr equity shares of INR 10 each for cash at a premium INR 2 per share aggregating INR 240 crore.
  • 2004:
  • It unveiled a new branch in Kottayam.
  • It raised INR 300 crore from the capital market in its private placement issue of unsecured redeemable non-convertible subordinated bonds.
  • It also launched a new scheme to enable rural poor avail easy loans for receiving LPG connections on World Environment Day.
  • 2005:
  • Also, the Western Union allied with UCO Bank.
  • Also, Crisil signed an agreement with Uco Bank for providing ratings for SSIs.
  • It unveiled a new deposit scheme.
  • It adopted H-P for core banking solutions.
  • 2006:
  • It launched a retail sales force.
  • It mulls to enter into the derivatives market.
  • It came out with a maiden hybrid tier-II bond.
  • 2007:
  • It appointed Shri. P L Mittal, Chartered Accountant, Chandigarh as part-time non-official Director on the Board of the Bank under Chartered Accountant category since January 02, 2007.
  • It also appointed Shri. N P Sinha as the Director in the Board of the Bank, since February 27, 2007.
  • It named S K Goel as CMD.
  • 2008: It also informed that Shri. Samir Kumar Sinha, who was Deputy Secretary, Department of Financial Services, Government of India, was appointed as the Director of the Bank vide Notification as of June 10, 2008.
  • 2009: It also informed BSE that as per notification of Government of India, Ministry of Finance as of February 24, 2009, Shri. Nirmal Khatri was appointed as the part-time Non-Official Director on the Board for 3 years since February 25, 2009.
  • 2010:
  • It announced the launch of a 'Festival Bonanza Offer' for borrowers.
  • Also, Toyota Kirloskar Motor Pvt. Ltd (or TKM) also signed an agreement with the UCO Bank to extend auto retail finance to its prospective customers.
  • 2011:
  • It collaborated with Religare Securities for offering online trading to its customers that is a part expansion of the product bouquet.
  • It launched its small and medium enterprises (or SME) loan hub in Bangalore for increasing lending to the sector.
  • 2012:
  • It recommended a dividend of INR 3 per share on the face value of INR 10 each for the year.
  • UCO TOWER, which is the Bank's internal magazine, was awarded the Certificate of Merit at 'ICE Awards' (In-House Communication Excellence), 2012 initiated from the Shailaja Nair Foundation, Mumbai.
  • 2013:
  • The Ministry of MSME, Govt. of India also awarded National Award to UCO Bank for the implementation of the PMEGP scheme in the North-East Zone in 2012-13.
  • It also received the SKOCH RENAISSANCE AWARD 2013 for Development.
  • It received the Global Sustainability Award from World CSR Congress under the segment "Outstanding Social Impact."
  • 2014:
  • It was awarded the 1st Prize in the category of Best Bank for operational performance for 2014.
  • It also received the prestigious SKOCH AWARD for Excellence in Banking in Financial Inclusion and Deeping 2014.
  • It was awarded the First Prize for Highest average loan to SHGs in West Bengal State in 2013-14 under the Commercial Bank segment.
  • 2016: It also raised INR 270.59 crore by issuing over 7 crore shares to LIC on a preferential basis, reported PTI.