Everything to know about UCO Bank:
The UCO Bank full form is United Commercial Bank Limited, In 1943, The United Commercial Bank Limited was founded as that name’s original form. UCO Bank, a government of India undertaking and commercial bank, was nationalized in July 1969. And it was now wholly owned by the Indian government. The Bank then experienced exceptional expansion. On December 30, 1985, the Bank’s name was changed to UCO Bank.
Mr. G.D. Birla, the director of the Indian Industrial Renaissance, first conceived the idea of a genuinely Indian bank following the illustrious “Quit India” campaign in 1942. The United Commercial Bank Limited, with its registration and headquarters in Kolkata, was established on January 6, 1943, quickly turning this embryonic idea into reality.
The UCO Bank Board of Directors:
The Board of Directors was made up of notable congressmen from various backgrounds, and the Bank’s all-Indian identity has been carefully upheld to this day in both the composition of its Board and the geographic distribution of its more than 3000 employees across the country as well as in its overseas centers in Singapore and Hong Kong. As of March 31, 2012, the government-controlled 65.19 percent of the bank’s shares.
The bank swiftly established branches, particularly in rural areas, and achieved various notable distinctions through lending to important industries and other charitable causes. In celebration of India’s 50th anniversary of independence, the Bank released a booklet titled “Our Commitment to Customers” that contained the Citizens’ Charter on services provided by the Bank.
The UCO Bank full form is United Commercial Bank Limited, They also offer internet banking services, and the IFSC codes of various UCO bank offices are the next logical place to look. Your chequebook and passbook might reveal a lot about your bank branch. There, you can find information such as your branch name, branch address, phone number, and IFSC code.