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UCO Bank Announces Amalgamation of Regional Rural Banks in West Bengal

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An announcement from UCO Bank ( (IN:UCOBANK) ) is now available.

UCO Bank has announced the amalgamation of several Regional Rural Banks (RRBs) in West Bengal into a single entity named West Bengal Gramin Bank, effective May 1, 2025. This move, sponsored by Punjab National Bank, aims to enhance public interest and regional development, resulting in the Paschim Banga Gramin Bank ceasing its association with UCO Bank.

More about UCO Bank

UCO Bank is a prominent financial institution in India, primarily engaged in providing banking services. It operates in the finance industry and offers a range of financial products and services to its customers.

YTD Price Performance: -36.00%

Average Trading Volume: 769,088

Current Market Cap: 374.3B INR

Find detailed analytics on UCOBANK stock on TipRanks’ Stock Analysis page.

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