Uco Bank extends finance to TCS IPO
By In a never-before-move | 29 Jul 2004
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UCO bank CMD VP Shetty said, "These are under our initiatives to diversify into IPO financing, and an attempt to augment fee-based income."
He said as per the Reserve Bank of India's stipulations, the bank could extend finance upto Rs10 lakh to individuals, with an 11 per cent interest rate.