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UCO Bank advances on the buzz of unveiling Suvidha prepaid card

UCO Bank is currently trading at Rs. 34.40, up by 0.20 points or 0.58% from its previous closing of Rs. 34.20 on the BSE.

The scrip opened at Rs. 34.50 and has touched a high and low of Rs. 34.95 and Rs. 34.40 respectively. So far 68,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 46.60 on 15-Jul-2016 and a 52 week low of Rs. 27.80 on 15-Feb-2016.

Last one week high and low of the scrip stood at Rs. 34.95 and Rs. 33.55 respectively. The current market cap of the company is Rs. 5,373.66 crore.

The promoters holding in the company stood at 76.67%, while Institutions and Non-Institutions held 16.09% and 7.25% respectively.

UCO Bank, one of India's leading public sector banks, has reportedly unveiled its ‘UCO Suvidha Prepaid Card’. This prepaid card is a hassle-free alternative to cash, which can be used for cash withdrawals, purchase at Points of Sale (POS) or, over the internet. The bank’s own customers as well as walk-in customers can avail of the card from all branches of the bank.

UCO Bank is a commercial bank and a Government of India Undertaking. The bank offers wide range of services includes Personal Banking, Corporate Banking, International Banking, Rural Banking and other services.

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