Found a bug or want a feature? Verified reports earn free credits.
Log inSign up
Back to alerts
UCOBANKNSEUCO Bank· BanksHighNeutral
Announced Fri, 19 Jun, 2026 · 19:32 IST

UCO Bank: Rajendra Kumar Saboo given interim MD and CEO charge

Ceo ResignedManagement Changes View source PDFExplain this filing

UCOBANK · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-0.5%Reaction day
₹27.66
prior close
₹27.78
announcement price
After-mkt
timing
Nifty Smallcap 250market+0.8%-1.3% vs market
Public Sector Bank peers, median of 11sector+0.5%-1.0% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Smallcap 250 and 1.0 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.4
10m
-0.2
15m
-0.5
30m
-0.4
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-0.5+0.8-1.3+0.5-1.0
Next day
-2.6+0.2-2.8-1.2-1.4
2d
-2.1+0.4-2.5-1.0-1.1
3d
-1.7-0.1-1.7-1.6-0.1
4d
-3.1-0.5-2.6-2.0-1.1
5d
-1.8+0.0-1.9-2.9+1.0
1w
-1.5+1.5-3.0-0.9-0.6
15d
-5.5+1.5-6.9-3.4-2.0
1m
-4.0+0.8-4.9-2.8-1.2
2m
-6.4+3.7-10.2-5.0-1.4
3m
-14.4+3.1-17.4-6.3-8.0
UpDownMarket · Nifty Smallcap 250Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

UCO Bank Executive Director Shri Rajendra Kumar Saboo has been assigned additional charge of MD and CEO from 19 June 2026, following the end of Shri Ashwani Kumar's term on 31 May 2026. The interim arrangement runs till 31 August 2026 or until a regular appointee is named. Saboo, who became ED in November 2022, has over 30 years of banking experience across branch banking, credit, HR and treasury.

Likely market impact

Existing ED takes interim MD and CEO charge, ensuring leadership continuity while the government appoints a permanent head; limited near-term disruption expected.