UCO Bank posts Rs.379.80 crore net profit
Kolkata-based UCO Bank posted a net profit of Rs.379.80 crore for the fourth quarter of 2009-10 compared to Rs.102.56 crore in the corresponding period of 2008-09.
The media had reports that UCO Bank is in talks to merge a bank with itself by FY09 and may raise atleast Rs. 450 crore through follow on public offering.