UCO Bank Launches QIP to Raise ₹2,000 Crore at Discounted Price

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has initiated a ₹2,000 crore qualified institutional placement (QIP) at ₹34.27 per share, reflecting a 9.19% discount to its March 21 closing price. The issue price is also 5% below SEBI's prescribed floor price of ₹36.07 per share.