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UCO Bank shortlists IDBI Cap, SBI Cap as bankers for FPO
State-owned UCO Bank has finalised bankers for its upcoming follow-on public offer (FPO), reports CNBC-TV18 quoting sources.
State-owned UCO Bank has finalised bankers for its upcoming follow-on public offer (FPO), reports CNBC-TV18 quoting sources.
Sources said IDBI Capital Market, SBI Capital Markets and ICICI Securities have been short listed by the bank.
The size of the FPO issue is likely to be around Rs 350-400 crore and UCO Bank will issue 6 crore equity shares as part of FPO.
