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Wallets/uco-india

UCO Bank

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Overview

UCO Bank is Indian state-owned commercial bank + NSE: UCOBANK BSE: 532505 + Government of India Ministry of Finance ~95%+ controlling + Indian retail + institutional investors free float + one of India's mid-sized state commercial banks + founded Jan 6 1943 in Kolkata India as United Commercial Bank by G. D. Birla + Jul 19 1969 Indian banking nationalisation + 1985 UCO Bank rebrand 1, India report.

History

Jan 6 1943 — United Commercial Bank founded in Kolkata India by G. D. Birla as Indian Marwari-owned commercial bank distinctive Indian banking heritage.

Jul 19 1969 — United Commercial Bank nationalised under Indira Gandhi-era Indian Banking Nationalisation Act consolidating into Government of India-owned commercial bank.

1985 — UCO Bank rebrand consolidating United Commercial Bank.

2014 — UCO Mobile banking app launch.

Ownership & operator

Operating entity: UCO Bank (Indian state-owned commercial bank; NSE: UCOBANK; BSE: 532505).

Major shareholders: Government of India Ministry of Finance ~95%+ controlling + Indian retail + institutional investors free float.

Regulators: Reserve Bank of India RBI + national regulators across 3+ countries.

Technical integration

UCO Mobile app (iOS + Android) + ucobank.com online + UCO Bank branch network across India + Hong Kong + Singapore international branches + UCO Visa + Mastercard + RuPay cards; RuPay Indian national card scheme + EMVCo QRCPS QR payments + Bharat QR (Indian national QR payment scheme) + UPI Unified Payments Interface (Indian instant payments) + Indian Rupee INR domestic transfers.

Implementations & partners

Major Indian banking + payments competitors: State Bank of India (SBI) (State Bank of India SBI) + HDFC Bank App (HDFC Bank) + ICICI Bank (ICICI Bank) + Axis Bank / Axis Mobile (Axis Bank) + Punjab National Bank (PNB ONE) (Punjab National Bank PNB) + Canara Bank (Canara Bank) + Bank of Baroda (BOB) (Bank of Baroda BOB) + Bank of India (BoI) (Bank of India BoI) + Indian Overseas Bank (IOB) (Indian Overseas Bank IOB) + Central Bank of India (CBI) (Central Bank of India CBI) + UPI QR (Unified Payments Interface UPI).

Regulators: Reserve Bank of India RBI + national regulators across 3+ countries.

Status

Active, Indian state-owned commercial bank + NSE:UCOBANK BSE:532505 + Government of India Ministry of Finance ~95%+ controlling + one of India's mid-sized state commercial banks + founded Jan 6 1943 in Kolkata India as United Commercial Bank by G. D. Birla + Jul 19 1969 Indian banking nationalisation + 1985 UCO Bank rebrand 1, 2.

Sources

Source

Biography extracted from uco-india.md. See matrix.md for standards-support matrix if present.

source · content/wallets/uco-india/index.md