UCO Bank is a public sector bank headquartered in Kolkata, West Bengal — one of India’s smaller nationalised banks. Founded in 1943 as United Commercial Bank by G.D. Birla (Birla Group), it was nationalised in 1969 and rebranded to UCO Bank in 1985. Listed on BSE and NSE with the Government of India as majority shareholder (~95%).
UCO Bank — Key Facts (2026)
| Founded | 1943 (as United Commercial Bank) | Rebranded UCO Bank 1985 |
| Founder | G.D. Birla (Birla Group) |
| Nationalised | 1969 |
| Owner | Government of India ~95% |
| Listed | BSE: 532505 | NSE: UCOBANK |
| HQ | Kolkata, West Bengal |
Who Owns UCO Bank?
UCO Bank is owned by the Government of India with approximately 95% stake. Originally founded by G.D. Birla of the Birla Group in 1943, it was nationalised in 1969 and rebranded from “United Commercial Bank” to “UCO Bank” in 1985. It was NOT merged in the 2019-20 PSU bank consolidations. Official: ucobank.com.
