The bank, along with 13 other major commercial banks of India, was nationalized on 19th July, 1969, by the Government of India, and its name was changed to UCO Bank, in 1985, by an act of Indian Parliament.
The bank other major commercial banks of India, was nationalized on 19th July by the Government of India. This was along with 13.19th July was 1969. Its name was changed to UCO Bank by an act of Indian Parliament. This was in 1985.