UCO Bank said that bank's follow-on public issue is likely in February-March 2008, reports CNBC-TV18 quoting NW18.
The bank may issue 90 million equity shares via follow-on public issue. Government's stake in the bank is likely to be at 52% post FPO versus 75% currently.
Source: Moneycontrol.com
Monday, December 10, 2007
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