UCO Bank stock dips 6% as CBI books ex-CMD
UCO Bank shares fell over 6 per cent on Monday after the Central Bureau of Investigation (CBI) booked its former chairman and managing director Arun Kaul and others allegedly for a ~6.21-billion loan fraud. The bank's market capitalisation declined ~12.57 billion to ~39.02 billion. During the day, the stock plunged to a 52-week low of ~19.15. The stock finally ended at ~20.90, down 6.49 per cent. On the NSE, it settled at ~20.85, down 6.29 per cent from its previous close.