# UCO Bank

> Source: https://docs.barcoder.ai/docs/wallets/uco-india
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [UCO — official](https://www.ucobank.com/)

## 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** <sup>[1][1], [India report](https://docs.barcoder.ai/docs/payments/IN)</sup>.

## 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)](https://docs.barcoder.ai/docs/wallets/sbi-india) (State Bank of India SBI) + [HDFC Bank App](https://docs.barcoder.ai/docs/wallets/hdfc-bank) (HDFC Bank) + [ICICI Bank](https://docs.barcoder.ai/docs/wallets/icici-bank) (ICICI Bank) + [Axis Bank / Axis Mobile](https://docs.barcoder.ai/docs/wallets/axis-bank) (Axis Bank) + [Punjab National Bank (PNB ONE)](https://docs.barcoder.ai/docs/wallets/pnb-india) (Punjab National Bank PNB) + [Canara Bank](https://docs.barcoder.ai/docs/wallets/canara-bank) (Canara Bank) + [Bank of Baroda (BOB)](https://docs.barcoder.ai/docs/wallets/bob-india) (Bank of Baroda BOB) + [Bank of India (BoI)](https://docs.barcoder.ai/docs/wallets/boi-india) (Bank of India BoI) + [Indian Overseas Bank (IOB)](https://docs.barcoder.ai/docs/wallets/iob-india) (Indian Overseas Bank IOB) + [Central Bank of India (CBI)](https://docs.barcoder.ai/docs/wallets/central-bank-india) (Central Bank of India CBI) + [UPI QR](https://docs.barcoder.ai/docs/standards/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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.ucobank.com/ "UCO — official"
[2]: https://en.wikipedia.org/wiki/UCO_Bank "UCO — Wikipedia"
[in-cro]: https://docs.barcoder.ai/docs/payments/IN

- [1] [UCO — official][1]
- [2] [UCO — Wikipedia][2]
- <sup>[India report](https://docs.barcoder.ai/docs/payments/IN)</sup> In-corpus: `reports/countries/IN-india.md`

## Source

Biography extracted from [uco-india.md](https://docs.barcoder.ai/source/wallets/uco-india). See `matrix.md` for standards-support matrix if present.