UCO Bank: United Commercial Bank
The full form of UCO bank is United Commercial Bank which was formed on 6 January 1943 with its headquarter in Kolkata. UCO bank is one of the major commercial government banks of India.
The UCO bank has 4000 plus service units and 49 zonal offices spread all over India. Bank also has two overseas branches, one in Singapore and another one in Hong Kong.
The total business of UCO bank in FY 2013-14 was Rs. 4.55 lakh crore based on the data.
Products and Services
UCO Bank provides almost all the services available in the other top-ranked commercial banks. The available services in a bank are:
- Personal Banking
- Corporate Banking
- International Banking
- Rural Banking
- Govt. Business
In 1942, G. D. Birla thought of organising a commercial bank with Indian capital and management and then the United Commercial bank was incorporated.
When the bank started in its first branch in Kolkata, Birla was its first chairman and the board of directors including eminent personalities of India which belonged to many different fields.
At that time bank operated 14 branches simultaneously.
That is all about the information on this article Full Form Of UCO bank. Hope you enjoyed reading the article.
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