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UCO Bank shortlists IDBI Cap, SBI Cap as bankers for FPO

Published on Fri, Mar 12, 2010 at 12:30 |  Source : Moneycontrol.com

Updated at Fri, Mar 12, 2010 at 14:55  

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UCO Bank shortlists IDBI Cap, SBI Cap as bankers for FPO

UCO Bank

BSE | NSE 10/02/12

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.

  

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