UCO Bank share price spurts 16% intraday as RBI lifts state-owned bank from PCA restrictions
A day after the Reserve Bank of India lifted UCO Bank from PCA (Prompt Corrective Action) norms, the shares of this PSU (public sector unit) bank has spurted almost 16 per cent to Rs 14.85 per share on the BSE intraday trade during Thursday’s session.
UCO Bank has provided a written commitment that it would comply with the norms of minimum regulatory capital: PTI