UCO Bank Share Price in Focus; Board to Consider Foreign Currency Fund Raising on August 24, 2026

UCO Bank has put a foreign currency fund-raising proposal before its Board of Directors, with the decision scheduled for August 24, 2026, as per the exchange filings. The bank plans to consider raising funds through debt under a Medium Term Note (MTN) Programme.  

Proposal Comes Up for Board Consideration 

The upcoming meeting will focus on whether to approve the proposed foreign currency debt raising. At this stage, the bank has only disclosed that the proposal will be considered by the board. 

The filing does not give a figure for the amount to be raised. It also does not mention the currency, interest rate, tenure, or other terms of the proposed debt programme.  

Details Will Depend on Board Decision 

No fund raising has been confirmed in the filing yet. The next update will depend on the outcome of the August 24 board meeting and any subsequent details the bank may disclose. 

For now, the development is limited to the proposal for foreign currency debt funding through the MTN Programme.  

About UCO Bank 

UCO Bank is a public sector bank which has been serving customers in India since 1943. Headquartered in Kolkata, the bank offers services such as savings and current accounts, loans, digital banking and other financial products.  

It has wide network branches and service units across the country, along with an international presence in Hong Kong and Singapore. 

Read More: SEBI Eyes Comprehensive Review of SME IPO Regulations to Reduce Costs! 

UCO Bank Share Price Performance  

As of 20 August 2026, at 10:55 AM, UCO Bank share price is trading at ₹25.89 per share, reflecting a surge of 0.82% from the previous trading session. 

Conclusion 

UCO Bank's board is set to consider a proposal for foreign currency debt funding under an MTN Programme on August 24. The bank has not yet disclosed the proposed fund-raising amount or other issue terms.  

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