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UCO Bank's 22nd Annual General Meeting (AGM) was held on Thursday, 19th June, 2025, at 11:00 a.m. through Video Conference/Other Audio-Visual Means (VC/OAVM). All resolutions mentioned in the notice dated 20th May, 2025, were passed with the requisite majority. The key resolutions approved include:

• Adoption of the Audited Balance Sheet as at 31st March 2025, Profit and Loss account for the year ended 31st March 2025, and relevant reports.
• Declaration of dividend on equity shares for the financial year 2024-25.
• Approval of the equity capital raising plan for the financial year 2025-26.
• Appointment of M/s A Saraswat & Associates as Secretarial Auditor for five years starting from FY 2025-26.
• Appointment of Shri Ravi Kumar Agrawal as Part-time Non-Official Director on the Board from 11 April 2025 for one year.
• Appointment of Shri Anjan Talukdar as Part-time Non-Official Director on the Board from 11 April 2025 for one year. The meeting concluded at 12:50 p.m.

• UCO Bank's Asset Liability Management Committee (ALCO) has reviewed and revised its benchmark rates.
• MCLR (Marginal Cost of Funds based Lending Rate) revised, effective from 10.06.2025:
• Overnight: 8.25% to 8.15%
• One month: 8.45% to 8.35%
• Three months: 8.60% to 8.50%
• Six months: 8.90% to 8.80%
• One year: 9.10% to 9.00%
• TBLR (Treasury Bill Linked Rate), G-Sec Rate and Repo Linked Rate revised, effective from 09.06.2025:
• TBLR (3 month): 6.00% to 5.80%
• TBLR (6 month): 6.05% to 5.80%
• TBLR (12 month): 6.05% to 5.80%
• UCO G-Sec Rate (1 year): 6.05% to 5.68%
• 10-year G-Sec Rate YTM % p.a. (Annualized) Par yield: 7.80% to 6.31%
• Repo Linked Rate – UCO Float: 8.80% to 8.30%
• Repo Linked Rate – UCO Prime: 6.00% to 5.50%
• Base Rate (9.60%) and BPLR (14.25%) remain unchanged.

• UCO Bank has appointed Mr. Sumit Khandelwal, General Manager, as the Chief Financial Officer (CFO) with immediate effect from 02 June 2025.
• He replaces Mr. Sujoy Dutta, General Manager.
• Mr. Khandelwal is 48 years old and holds a Bachelor's degree in Commerce and a Bachelor's degree in Law.
• He is also a qualified Chartered Accountant, Cost Accountant, and a Certified Associate of the Indian Institute of Banking and Finance (CAIIB).
• Mr. Khandelwal has over 15 years of banking experience and previously held the position of Zonal Head, New Delhi.

• UCO Bank has elevated seven Deputy General Managers to the position of General Managers, effective from June 1, 2025.
• The appointed General Managers are:
• Mr. Rajesh Kumar Tiwari (over 18 years of banking experience)
• Mr. Ghanshyam Parmar (over 21 years of banking experience)
• Mr. Arnab Barkakati (over 21 years of banking experience)
• Mr. D. Mohanty (over 17 years of banking experience)
• Mr. Amit Raj (over 21 years of banking experience)
• Ms. Lucky Nayak (over 18 years of banking experience)
• Mr. Sandeep Kumar (over 18 years of banking experience)