Announced Wed, 1 Apr · 16:13 IST
UCO Bank elevates three General Managers to Chief General Managers
Management Changes View source PDF
UCOBANK · price
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Price reaction · full curve 14 horizons · vs prior close
+2.6%1-day move
₹23.75
prior close
₹23.20
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.3-1.2-0.9-0.3+2.6+2.3+9.2+8.4+10.5+11.1+11.6+12.1+4.8+14.7
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AI summary
UCO Bank has promoted three of its General Managers — Saroj Ranjan Nayak, Prem Shankar Jha, and Avinash Shukla — to the position of Chief General Manager, effective April 1, 2026. All three are long-tenured internal bankers with 17–22 years of experience and relevant professional certifications. This is a routine internal senior management elevation disclosed under SEBI Regulation 30.
Likely market impact
Routine internal promotion; no change in leadership or strategy. Neutral impact on shareholders.