UCO Bank today said it will raise Rs 1,400 crore from debt in the next three months.
"We plan to raise Rs 700 crore from tier-1 bonds and remaining Rs 700 crore from upper tier-2 bonds by March end," UCO Bank Chairman and Managing Director S K Goel told reporters here.
The fund raised will increase the capital adequacy ratio from 11.62% in December to 12%, he said.
