United Credit Ltd
United Credit | 531091
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About Company
- United Credit Limited (UCL) is the successor to the erstwhile United Bank of India Limited (UBIL)
- The name of the Company was originally United India Credit and Development Company Limited (UICDCL), which has been changed to United Credit Limited on 1st January, 1981 upon compliance of applicable statutory provisions
- UCL was formed in 1970 upon nationalization of the then 'United Bank of India Limited'
- Consequent upon nationalization of the banking sector, the undertaking of UBIL became vested in the corresponding new Bank, United Bank of India (UBIL) and as per Scheme of Amalgamation approved by the Hon'ble High Court at Calcutta by an Order dated 23
- 1974, UBIL was merged with UCDCL, and, the assets and liabilities of United Bank of India Limited were acquired by UCDCL, in 1989 Mr
- Ravi Poddar took over the management of the Company
- The Company is mainly divided operationally into the lease, hire purchase, consumer financing, investment and capital market operation
- The overall management of the Company is vested in the Board of Directors of the Company
- It is mainly divided operationally into lease, hire purchase, consumer financing, investment and capital market operation
- In FY 2024, Bank started diversifying into other areas
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of United Credit Ltd?
The current share price of United Credit Ltd (United Credit) is ₹27.00. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of United Credit Ltd?
United Credit Ltd has a 52-week high of ₹37.83 and a 52-week low of ₹19.00. This range shows the stock's price volatility over the past year.
What is the ROE of United Credit Ltd?
United Credit Ltd has a Return on Equity (ROE) of 3.43%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
