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Uco Bank’s Rs 1,000-crore share-sale on track SECTIONS Share Synopsis Uco Bank s appeal to Life Insurance Corporation of India (LIC) for capital injection on a preferential basis has failed to get a response so far. Agencies INSIGHTS NSE KOLKATA: State-owned Uco Bank is in the final stages of hiring merchant bankers to raise about ₹1,000 crore in share sales, while its appeal to Life Insurance Corporation of India (LIC) for capital injection on a preferential basis has failed to get a response so far. Uco chief executive AK Goel on Monday said the bank has approached LIC again and that the insurer would “take a call” on capital infusion. The Kolkata-based lender has been in talks with the country s largest insurer for the last couple of years.

West bengalSupreme courtLife insurance corporation of indiaUco bankState owned uco bankLife insurance corporationUco bank share saleUco bank fund raisingமேற்கு பெங்கல்உச்ச நீதிமன்றம்வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியாஉக்கோ வங்கிநிலை ஓஂட் உக்கோ வங்கிவாழ்க்கை காப்பீடு நிறுவனம்உக்கோ வங்கி பகிர் விற்பனைஉக்கோ வங்கி நிதி உயர்த்துவது