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West Bengal to stall Uco Bank's move to shift headquarters

West Bengal Finance Minister Ashim Dasgupta today strongly opposed the reported move by Uco Bank (formerly United Commercial Bank) authorities to shift its headquarters from the city.

Speaking to newsmen at the state Secretariat, Dasgupta said, ''I strongly oppose this move. I wrote to the Reserve Bank governor about this move and would also talk to him tomorrow.''

''At a time when the state has made a breakthrough in agriculture and is on the threshold of making an industrial resurgence, this move by Uco Bank is totally unjustified,'' Dasgupta added.

Earlier, the Uco Bank Employees Union and the All-India Uco Bank Officers' Federation had given a representation to Dasgupta about the reported move of the bank to shift its headquarters.

UNI

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